HomeMy WebLinkAbout04.23.2025 Council Special Session Minutes Docusign Envelope ID:3E84BC51-BEA3-42BA-8558-A06176CDA2B9
April 23, 2025
The City Council of the City of Waterloo, Iowa, met in Special Session at Harold E. Getty
Council Chambers, Waterloo, Iowa, at 5:00 PM, on Wednesday, April 23, 2025.
Roll call.
Mayor Quentin Hart in the Chair. Roll Call: Boesen, Nichols, Creighton-Smith, Simon and
Feuss. Mr. Chiles and Ms. Wilder were absent.
Approval of Agenda as proposded or amended.
Feuss/Chiles
that the agenda as proposed be approved. Voice vote-Ayes: Five. Motion carried.
RESOLUTIONS
Resolution Directing the Acceptance of a Proposal to Purchase $5,315,000 *(subject to
adjustment per terms of offering) General Obligation Bonds, Series 2025C, and approving the
form and Authorizing the Execution of a Note Purchase Agreement.
Boesen/Simon
Roll Call vote-Ayes: Five. Motion carried. Resolution adopted and upon approval by Mayor
assigned No. 2025-251.
Resolution Directing the Acceptance of a Proposal to Purchase $685,000* (subject to
adjustment per terms of offering) Taxable General Obligation Bonds, Series 2025D; and
Approving the Form and Authorizing Execution of a Note Purchase Agreement.
Boesen/Simon
Roll Call vote-Ayes: Five. Motion carried. Resolution adopted and upon approval by Mayor
assigned No. 2025-252.
Resolution approving the FY 2026 budget including total property tax askings of
$53,630,715.00 and a levy rate of $21.79160 for the budget year ending June 30, 2026, and
rescinding Resolution No. 2025-239.
Boesen/Simon
Roll Call vote-Ayes: Five. Motion carried. Resolution adopted and upon approval by Mayor
assigned No. 2025-253.
ADJOURNMENT
Boesen/Creighton-Smith
that the council adjourn at 5:17 p.m. Voice vote-Ayes: Five. Motion carried.
DocuSigned by:
F0Dn
Kellby'F&Ble
City Clerk
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