HomeMy WebLinkAbout2013-429-5 /28/2013(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of the City of Waterloo, State of Iowa.
Date of Meeting: May 28, 2013.
Time of Meeting: 5:30 o'clock P.M.
Place of Meeting: Council Chambers, City Hall, 715 Mulberry Street, Waterloo,
Iowa.
PUBLIC NOTICE IS HEREBY GIVEN that the above mentioned governmental
body will meet at the date, time and place above set out. The tentative agenda for the
meeting is as follows:
Not To Exceed $14,750,000 General Obligation Bonds (ECP).
Public hearing on the issuance.
Resolution instituting proceedings to take additional action.
Such additional matters as are set forth on the additional 6 page(s) attached hereto.
This notice is given at the direction of the Mayor pursuant to Chapter 21, Code of
Iowa, and the local rules of the governmental body.
Suzy Schires, City Clerk
May 28, 2013
The City Council of the City of Waterloo, State of Iowa, met in regular session, in
the Council Chambers, City Hall, 715 Mulberry Street, Waterloo, Iowa, at 5:30 o'clock
P.M., on the above date. There were present Mayor Ernest G. Clark, in the chair, and the
following named Council Members:
Cole, Getty, Jones, Greenwood, Schmitt, Welper, Hart
Absent: none
-1-
The Mayor announced that this was the time and place for the public hearing and
meeting on the matter of the issuance of not to exceed $14,750,000 General Obligation
Bonds, in order to provide funds to pay costs of acquisition, construction, reconstruction,
extension, improvement, and equipping of works and facilities useful for the collection,
treatment and disposal of sewage and industrial waste in a sanitary manner, including the
Northwest Interceptor, Titus Street Pump Station, East Side Interceptor, and Service Area
# 15 and # 16 improvements; the acquisition, improvement and installation of traffic
control devices, signage, fixtures, equipment and improvements, including but not limited
to traffic signal, traffic safety and street light fixtures, connections, and facility
improvements; the acquisition of vehicles and equipment for the Police, Fire Rescue and
Street Departments; the rehabilitation and improvement of City parks and the acquisition,
repair and replacement of facilities, equipment and improvements commonly found in
City parks, including sports facilities, boating center, tennis, and bikeway improvements;
the construction, reconstruction and repairing of street, sidewalk, alley, public ground,
marketplace, bridge, pedestrian underpass and overpass repairs and reconstruction, and
intersection improvements; the acquisition, equipping, development and improving the
automated GIS/GPS mapping system, including acquisition of a plotter/scanner; the
acquisition, construction and improvement of real and personal property useful for the
protection of property from floods or high waters, including flood control, levees,
embankments, waterway, storm water and drainage improvements; remediation,
replacement and improvement of property, buildings, equipment, and public facilities that
have been damaged by a disaster as defined in Section 29C.2 and that are located in an
area that the President of the United States has declared a major disaster (FEMA -DR -
1763), including the relocated Public Works building/Central Garage Facilities
Centralization project; the acquisition and demolition of dangerous or dilapidated
buildings, structures or properties; and the refunding of outstanding City indebtedness,
including the General Obligation Bonds, Series 2006A and Series 2006B, essential
corporate purposes, and that notice of the proposed action by the Council to institute
proceedings for the issuance of the bonds, had been published pursuant to the provisions
of Section 384.25 of the City Code of Iowa.
The Mayor then asked the Clerk whether any written objections had been filed by
any City resident or property owner to the issuance of the bonds. The Clerk advised the
Mayor and the Council that no written objections had been filed. The Mayor then called
for oral objections to the issuance of the bonds and none were made. Whereupon, the
Mayor declared the time for receiving oral and written objections to be closed.
(Attach here a summary of objections received or made, if any)
1WM
The Council then considered the proposed action and the extent of objections
thereto.
Whereupon, Council Member Hart introduced and delivered to the Clerk the
Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS
TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED
$14,750,000 GENERAL OBLIGATION BONDS", and moved:
was,
X that the Resolution be adopted.
to ADJOURN and defer action on the Resolution and the proposal
to institute proceedings for the issuance of bonds to the meeting to
be held at o'clock M., on the day
of , 2013, at this place.
Council Member Welper seconded the motion. The roll was called and the vote
AYES: Cole, Getty, Jones, Greenwood, Schmitt, Welper, Hart
NAYS: none
Whereupon, the Mayor declared the measure duly adopted.
RESOLUTION NO. 2013-429
RESOLUTION INSTITUTING PROCEEDINGS TO TAKE
ADDITIONAL ACTION FOR THE ISSUANCE OF NOT
TO EXCEED $14,750,000 GENERAL OBLIGATION
BONDS
WHEREAS, pursuant to notice published as required by law, this Council has held
a public meeting and hearing upon the proposal to institute proceedings for the issuance
of not to exceed $14,750,000 General Obligation Bonds, for the essential corporate
purposes of paying costs of acquisition, construction, reconstruction, extension,
improvement, and equipping of works and facilities useful for the collection, treatment
and disposal of sewage and industrial waste in a sanitary manner, including the
Northwest Interceptor, Titus Street Pump Station, East Side Interceptor, and Service Area
#15 and #16 improvements; the acquisition, improvement and installation of traffic
-3-
control devices, signage, fixtures, equipment and improvements, including but not limited
to traffic signal, traffic safety and street light fixtures, connections, and facility
improvements; the acquisition of vehicles and equipment for the Police, Fire Rescue and
Street Departments; the rehabilitation and improvement of City parks and the acquisition,
repair and replacement of facilities, equipment and improvements commonly found in
City parks, including sports facilities, boating center, tennis, and bikeway improvements;
the construction, reconstruction and repairing of street, sidewalk, alley, public ground,
marketplace, bridge, pedestrian underpass and overpass repairs and reconstruction, and
intersection improvements; the acquisition, equipping, development and improving the
automated GIS/GPS mapping system, including acquisition of a plotter/scanner; the
acquisition, construction and 'improvement of real and personal property useful for the
protection of property from floods or high waters, including flood control, levees,
embankments, waterway, storm water and drainage improvements; remediation,
replacement and improvement of property, buildings, equipment, and public facilities that
have been damaged by a disaster as defined in Section 29C.2 and that are located in an
area that the President of the United States has declared a major disaster (FEMA -DR -
1763), including the relocated Public Works building/Central Garage Facilities
Centralization project; the acquisition and demolition of dangerous or dilapidated
buildings, structures or properties; and the refunding of outstanding City indebtedness,
including the General Obligation Bonds, Series 2006A and Series 2006B, and has
considered the extent of objections received from residents or property owners as to the
proposed issuance of bonds; and, accordingly the following action is now considered to
be in the best interests of the City and residents thereof:
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WATERLOO, STATE OF IOWA:
Section 1. That this Council does hereby institute proceedings and take additional
action for the sale and issuance in the manner required by law of not to exceed
$14,750,000 General Obligation Bonds, for the foregoing essential corporate purposes.
Section 2. This Resolution shall serve as a declaration of official intent under
Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such
intent. It is reasonably expected that the general fund moneys may be advanced from
time to time for capital expenditures which are to be paid from the proceeds of the above
Bonds. The amounts so advanced shall be reimbursed from the proceeds of the Bonds
not later than eighteen months after the initial payment of the capital expenditures or
eighteen months after the property is placed in service. Such advancements shall not
exceed the amount authorized in this Resolution unless the same are for preliminary
expenditures or unless another declaration of intention is adopted.
PASSED AND APPROVED this 28`h day of May, 2013.
ATTEST:
Suzy Schare City Clerk
Ee ae"�Y / 41 �// /7
rnest G. Clark, Mayor
-5-
CERTIFICATE
STATE OF IOWA )
) SS
COUNTY OF BLACK HAWK )
I, the undersigned City Clerk of the City of Waterloo, State of Iowa, do hereby
certify that attached is a true and complete copy of the portion of the corporate records of
the City showing proceedings of the City Council, and the same is a true and complete
copy of the action taken by the Council with respect to the matter at the meeting held on
the date indicated in the attachment, which proceedings remain in full force and effect,
and have not been amended or rescinded in any way; that meeting and all action thereat
was duly and publicly held in accordance with a notice of meeting and tentative agenda, a
copy of which was timely served on each member of the Council and posted on a bulletin
board or other prominent place easily accessible to the public and clearly designated for
that purpose at the principal office of the Council (a copy of the face sheet of the agenda
being attached hereto) pursuant to the local rules of the Council and the provisions of
Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at
least twenty-four hours prior to the commencement of the meeting as required by law and
with members of the public present in attendance; I further certify that the individuals
named therein were on the date thereof duly and lawfully possessed of their respective
City offices as indicated therein, that no Council vacancy existed except as may be stated
in the proceedings, and that no controversy or litigation is pending, prayed or threatened
involving the incorporation, organization, existence or boundaries of the City or the right
of the individuals named therein as officers to their respective positions.
WITNESS my hand and the seal of said Municipality hereto affixed this 28th day
of May, 2013.
Suzy Sc ares, City Clerk
(SEAL)
00944254-1\11310-098