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HomeMy WebLinkAboutCombined Notice of Bond Sale 2026B GO Bonds and 2026C Taxable GO Bonds STATE OF IOWA, BLACK HAWK COUNTY, s.s. I, Danielle McCulley, Publisher of the Hudson Herald, a weekly newspaper printed and published in the English language at Hudson, Black Hawk County, Iowa, do solemnly swear that the annexed copy of: City of Waterloo- Notice of Bond Sale was published in the English language in said newspaper on May 2$ A.D. 2026. 9 (I '/`i•10 , Publisher D..nielle McCulley Sworn to before me and subscribed to in my presence by the said Danielle McCulley this 28th day May , A.D. 2026. Notary Public (Seal) DAWN K.YOUNG Commission Number 184534 My Commission •res rows My 08,20 PUBLIC NOTICE NOTICE OF BOND SALE received by the City Clerk at City Hall, request addressed to the City Clerk, Time and Place of Sealed Bids: 715 Mulberry Street, Waterloo, Iowa. City Hall, 715 Mulberry Street, Bids for the sale of Bonds of the City of The bids must be submitted through Waterloo, Iowa or the Issuer's Waterloo, State of Iowa, hereafter the SPEERAUCTION competitive bid- Municipal Advisor, Speer Financial, described, must be received at the ding system. Inc., 531 Commercial Street, office of the City Clerk, City Hall, 715 Electronic Facsimile Bidding: Waterloo, Iowa, 50703, Telephone: Mulberry Street, Waterloo, Iowa (the Electronic facsimile bids will be (319)291-2077. "Issuer") before the times set forth received by the City Clerk at City Hall, Terms of Offering: All bids shall be below, on the 2nd day of June, 2026. 715 Mulberry Street, Waterloo, Iowa in conformity with and the sale shall be The bids will then be publicly opened (facsimile number: (319) 291-4571)or in accordance with the Terms of and referred for action to the meeting the City's Municipal Advisor, Speer Offering as set forth in the Official of the City Council in conformity with Financial, Inc., Waterloo, Iowa (fac- Statement. the Terms of Offering. simile number: (319) 291-8628). Legal Opinion: The Bonds will be The Bonds: The Bonds("Bonds")to Electronic facsimile bids will be treated sold subject to the opinion of Ahlers& be offered are the following: as sealed bids. Cooney, P.C., Attorneys of Des GENERAL OBLIGATION BONDS, Consideration of Bids: After the Moines, Iowa, as to the legality and SERIES 2026B, in the amount of time for receipt of bids has passed,the their opinion will be furnished together $10,300,000*, to be dated June 29, close of sealed bids will be with the printed Bonds without cost to 2026 (the "Bonds"). Bids to be announced. Sealed bids will then be the purchaser and all bids will be so received before 10:30 A.M. publicly opened and announced. conditioned. Except to the extent nec- TAXABLE GENERAL OBLIGATION Finally, electronic internet bids will be essary to issue their opinion as to the BONDS, SERIES 2026C, in the accessed and announced. legality of the Bonds,the attorneys will amount of $1,700,000*, to be dated Sale and Award: The sale and not examine or review or express any June 29, 2026. Bids to be received award of the Bonds will be held at the opinion with respect to the accuracy or before 11:00 A.M. Council Chambers, City Hall, 715 completeness of documents,materials *Subject to principal adjustment Mulberry Street, Waterloo, Iowa at a or statements made or furnished in pursuant to official Terms of Offering. meeting of the City Council on the connection with the sale, issuance or Manner of Bidding: Open bids will above date at 5:00 P.M. marketing of the Bonds. not be received. Bids will be received Official Statement: The Issuer has Rights Reserved: The right is in any of the following methods: issued an Official Statement of infor- reserved to reject any or all bids, and Sealed Bidding: Sealed bids may mation pertaining to the Bonds to be to waive any irregularities as deemed be submitted and will be received at offered, including a statement of the to be in the best interests of the public. the office of the City Clerk at City Hall, Terms of Offering and an Official Bid By order of the City Council of the 715 Mulberry Street,Waterloo, Iowa. Form, which is incorporated by refer- City of Waterloo,State of Iowa. Electronic Internet Bidding: ence as a part of this notice. The Kelley Felchle,City Clerk Electronic internet bids will be Official Statement may be obtained by City of Waterloo, Iowa