HomeMy WebLinkAboutForm 8038-G Form 8038-G Information Return for Tax-Exempt Governmental Bonds
11-Under Internal Revenue Code section 149(e)
(Rev.October 2021)
►See separate instructions. OMB No.1545-0047
Department of the Treasury Caution:If the issue price is under$100,000,use Form 8038-GC.
Internal Revenue Service ►Go to www.irs.gov/F8038G for instructions and the latest information.
Part I Reporting Authority Check box if Amended Return► ❑
1 Issuer's name 2 Issuer's employer identification number(EIN)
City of Waterloo,State of Iowa(Municipal Communications Utility) 92-3974861
3a Name of person(other than issuer)with whom the IRS may communicate about this return(see instructions) 3b Telephone number of other person shown on 3a
4 Number and street(or P.O.box if mail is not delivered to street address) Room/suite 5 Report number(For IRS Use Only)
402E4thSt I 3 I I •
6 City,town,or post office,state,and ZIP code 7 Date of issue
Waterloo,IA 50703 December 30,2025
8 Name of issue 9 CUSIP number
$60,000,000 Communications Utility Revenue Capital Loan Notes,Series 2025 N/A
10a Name and title of officer or other employee of the issuer whom the IRS may call for more information 10b Telephone number of officer or other
employee shown on 10a
failGeneralManager (319)291-0175
Type of Issue(Enter the issue price.)See the instructions and attach schedule.
11 Education 11
12 Health and hospital 12
13 Transportation 13
14 Public safety 14
15 Environment(including sewage bonds) 15
16 Housing 16
17 Utilities 17 60,000,000
18 Other. Describe► 18
19a If bonds are TANs or RANs,check only box 19a ► ❑
b If bonds are BANs,check only box 19b ► ❑
20 If bonds are in the form of a lease or installment sale,check box O. ❑
Part III Description of Bonds. Complete for the entire issue for which this form is being filed.
(a)Final maturitydate (c)Stated redemption (d)Weighted (e)(b)Issue price price at maturity average maturity e Yield
21 December 1,2030 $ 60,000,000 $ 60,000,000 4.919 years 5.1510 %
Part IV Uses of Proceeds of Bond Issue(including underwriters' discount)
22 Proceeds used for accrued interest 22 0.00
23 Issue price of entire issue(enter amount from line 21,column (b)) 23 60,000,000.00
24 Proceeds used for bond issuance costs(including underwriters' discount) 24 1,083,030.00
25 Proceeds used for credit enhancement 25 0.00
26 Proceeds allocated to reasonably required reserve or replacement fund 26 0.00
27 Proceeds used to refund prior tax-exempt bonds.Complete Part V . . 27 0.00
28 Proceeds used to refund prior taxable bonds. Complete Part V . . . 28 0.00
29 Total(add lines 24 through 28) 29 1,083,030.00
30 Nonrefunding proceeds of the issue(subtract line 29 from line 23 and enter amount here) . . 30 58,916,970.00
Part V Description of Refunded Bonds. Complete this part only for refunding bonds.
31 Enter the remaining weighted average maturity of the tax-exempt bonds to be refunded . . . ► N/A years
32 Enter the remaining weighted average maturity of the taxable bonds to be refunded . . . . ► N/A years
33 Enter the last date on which the refunded tax-exempt bonds will be called(MM/DD/YYYY) . . ► N/A
34 Enter the date(s)the refunded bonds were issued►(MM/DD/YYYY) N/A
For Paperwork Reduction Act Notice,see separate instructions. Cat.No.63773S Form 8038-G(Rev.10-2021)
Form 8038-G(Rev.10-2021) Page 2
Part VI Miscellaneous
35 Enter the amount of the state volume cap allocated to the issue under section 141(b)(5) . . . . 35
36a Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract
(GIC).See instructions 36a
b Enter the final maturity date of the GIC►(MM/DD/YYYY)
c Enter the name of the GIC provider 0-
37 Pooled financings: Enter the amount of the proceeds of this issue that are to be used to make loans
to other governmental units 37
38a If this issue is a loan made from the proceeds of another tax-exempt issue,check box► ❑ and enter the following information:
b Enter the date of the master pool bond►(MM/DD/YYYY)
c Enter the EIN of the issuer of the master pool bond►
d Enter the name of the issuer of the master pool bond►
39 If the issuer has designated the issue under section 265(b)(3)(B)(i)(III)(small issuer exception),check box . . . ► ❑
40 If the issuer has elected to pay a penalty in lieu of arbitrage rebate,check box ► ❑
41 a If the issuer has identified a hedge, check here► ❑ and enter the following information:
b Name of hedge provider►
c Type of hedge►
d Term of hedge►
42 If the issuer has superintegrated the hedge, check box ► ❑
43 If the issuer has established written procedures to ensure that all nonqualified bonds of this issue are remediated
according to the requirements under the Code and Regulations(see instructions),check box ► ❑✓
44 If the issuer has established written procedures to monitor the requirements of section 148,check box ► ❑✓
45a If some portion of the proceeds was used to reimburse expenditures, check here► Eland enter the amount
of reimbursement ►
b Enter the date the official intent was adopted►(MM/DD/YYYY)
Under penalties of perjury,I declare that I have examined this return and accompanying schedules and statements,and to the best of my knowledge
Signature and belief,they are true,correct,and complete.I further declare that I consent to the IRS's disclosure of the issuer's return information,as necessary to
g process this return,to the person that I have authorized above.
and ✓
Consent 17 Eric Lage,print Generaland Managertitle
Signature of issue s authorized representative Date or name
Paid Print/Type preparer's name Preparer's signature Date Check ❑ if PTIN
Steven M.Nadel self-employed P01564620
Preparer Firm's EIN► 42-1323559
Use Only Firm's name ►Ahlers&Cooney,P.C.
Firm's address►100 Court Avenue,Suite 600,Des Moines,Iowa 50309 Phone no. (515)243-7611
Form 8038-G(Rev.10-2021)