Loading...
HomeMy WebLinkAbout2014-305-4 /28/2014(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: April 28, 2014. Time of Meeting: 5:30 P.M. Place of Meeting: Law Court Theater, Waterloo Center for the Arts, 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 $12,900,000 General Obligation Refunding Bonds (ECP -Refunding) Resolution fixing date for a meeting on the proposition to issue. Such additional matters as are set forth on the additional 7 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. <� �'- I I,,, Suzy Sches, CMC City Clerk Apri128, 2014 The City Council of the City of Waterloo, State of Iowa, met in regular session, in the Law Court Theater, Waterloo Center for the Arts, Waterloo, Iowa, at 5:30 P.M., on the above date. There were present Mayor Ernest G. Clark, in the chair, and the following named Council Members: Cole, Jones, Schmitt, Lind, Morrissey, Welper, Hart Absent: none -I- Council Member Hart introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $12,900,000 GENERAL OBLIGATION REFUNDING BONDS (FOR ESSENTIAL CORPORATE PURPOSES) OF THE CITY OF WATERLOO, STATE OF IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Welper seconded the motion to adopt. The roll was called and the vote was, AYES: Cole, Jones, Schmitt, Lind, Morrissey, Welper, Hart NAYS: none Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 2014-305 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $12,900,000 GENERAL OBLIGATION REFUNDING BONDS (FOR ESSENTIAL CORPORATE PURPOSES) OF THE CITY OF WATERLOO, STATE OF IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Waterloo, State of Iowa, should issue General Obligation Refunding Bonds to the amount of not to exceed $12,900,000, as authorized by Section 384.25, of the City Code of Iowa, for the purpose of providing funds to pay costs of carrying out essential corporate purpose projects as hereinafter described; and WHEREAS, before the bonds may be issued, it is necessary to comply with the provisions of the Code, and to publish a notice of the proposal to issue such bonds and of the time and place of the meeting at which the Council proposes to take action for the issuance of the bonds and to receive oral and/or written objections from any resident or property owner of the City to such action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA: Section 1. That this Council meet in the Law Court Theater, Waterloo Center for the Arts, 715 Mulberry Street, Waterloo, Iowa, at 5:30 P.M., on the 12th day of May, 2014, for the purpose of taking action on the matter of the issuance of not to exceed $12,900,000 General Obligation Refunding Bonds for essential corporate purposes of the City, the proceeds of which bonds will be used to provide funds to pay costs of refunding of outstanding City indebtedness, -2- including the General Obligation Bonds, Series 2006A and Series 2007A, and Taxable General Obligation Capital Loan Notes, Series 1998A. Section 2. To the extent any of the projects or activities described in this resolution may be reasonably construed to be included in more than one classification under Division III of the Code of Iowa, the Council hereby elects the "essential corporate purpose" classification and procedure with respect to each such project or activity, pursuant to Section 384.28 of the Code of Iowa. Section 3. That the Clerk is hereby directed to cause at least one publication to be made of a notice of the meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in the City. The publication to be not less than four clear days nor more than twenty days before the date of the public meeting on the issuance of the bonds. Section 4. The notice of the proposed action to issue the bonds shall be in substantially the following form: -3- NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF WATERLOO, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $12,900,000 GENERAL OBLIGATION REFUNDING BONDS (FOR ESSENTIAL CORPORATE PURPOSES) OF THE CITY, AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City of Waterloo, State of Iowa, will hold a public hearing on the 12'' day of May, 2014, at 5:30 P.M., in the Law Court Theater, Waterloo Center for the Arts, Waterloo, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $12,900,000 General Obligation Refunding Bonds for an essential corporate purpose of said City, in order to provide funds to pay costs of refunding of outstanding City indebtedness, including the General Obligation Bonds, Series 2006A and Series 2007A, and Taxable General Obligation Capital Loan Notes, Series 1998A. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City, to the above action. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action for the issuance of bonds or will abandon the proposal to issue bonds. This notice is given by order of the City Council of the City of Waterloo, State of Iowa, as provided by Section 384.25 of the Code of Iowa. Dated this 28"' day of April, 2014. Suzy Schar s, CMC City Clerk PASSED AND ADOPTED this 28th day of April, 2014. ATTEST: Suzy Schares CMC City Clerk -5- Ernest G. Clark, Mayor • , , 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 public hearing 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 the City hereto affixed this 28th day of April, 2014. (SEAL) Suzy Scharesl CMC City Clerk CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF BLACK HAWK ) I, the undersigned, do hereby certify that I am now and was at the times hereinafter mentioned, the duly qualified and acting Clerk of the City of Waterloo, in the County of Black Hawk, State of Iowa, and that as such Clerk and by full authority from the Council of the City, I have caused a NOTICE OF PUBLIC HEARING (Not To Exceed $12,900,000 General Obligation Refunding Bonds) of which the clipping annexed to the publisher's affidavit hereto attached is in words and figures a correct and complete copy, to be published as required by law in the "Waterloo Courier", a legal newspaper published at least once weekly, printed wholly in the English language, published regularly and mailed through the post office of current entry for more than two years and which has had for more than two years a bona fide paid circulation recognized by the postal laws of the United States, and has a general circulation in the County, and that the Notice was published in all of the issues thereof published and circulated on the following date: April 29, 2014. WITNESS my official signature at Waterloo, Iowa, this 28th day of April, 2014. ,---7 -,-� <:� ]A uzy Sces, CMC City Cle k (SEAL) 01015938-1\11310-101 4 f STATE OF IOWA, } I do solemnly swear that the annexed copy of legal City of Waterloo Proposed issuance not to exceed $12,900,000 general Black Hawk County, SS obligation refunding bonds Notice was published in the Waterloo -Cedar Falls Courier, a daily newspaper printed in Waterloo, Black Hawk County, Iowa, once commencing on the 29th day of April, 2014 in the name of said newspaper, and that the annexed rate of advertised is the regular legal rate of said newspaper, and that the following is a correct bill for publishing said notice. NOTICE, OF MEETING OF` THE CITY COUNCIL OF THE CITY OF WATER- LOO, STATE OF IOWA, ON THE MATTERTHE PROPOSED ISSU- ANCE OF NOTTO EXCEED Printer's Bill $19.89 $12,900'2000 GENERAL OBLIGATION REFUNDING BONDS .(FOR ESSENTIAL CORPORATE PURPOSES)` OF THE CITY, AND THE HEARING ON THE ISSUANCE THEREOF - PUSLIC NOTICE is hereby given that the r City of Waterloo, State of Iowa, will hold a public hearing on the 12th day of May, Signed 2014, at 5:30 P.M. in the taw Court Theater, Waterloo Center for the Arts Waterloo,. Iowa, at which meeting ,the Council 1proposes to take additional action for the issuance of not to exceed $12,900000 General Obligation Refund- ing Bonds for an essential corporate Subscribed and sworn to before me this purpose of said City, in order to provide funds, to: pay costs of, refunding of outstanding City indebtedness, including the GeneralObligation Bonds, Series 2006A and Series 2007A, and Taxable Day Of A.D., 20 General Obligation Capital Loan Notes, Series 1998A. At the above meeting the Council shall'. receive Drat or written objections from any ` the Ci y, to resident or property owner of the h � / ° ; s e the above action. After a8 objections ?Council been received and considered, the �4- will at this meeting or. at any thereof;: take additional Notary Publ adjourrrment action for. the issuance of bonds or will abandon the proposal to issue bonds. This notice is given by order of the City Council of the City of Waterloo, State of Received of Iowa s provided by Section 384.25 of the Code of Iowa. Dated this 28th day of April, 2014. Suzy Schares, City Clerk' City of !Waterloo, State of Iowa the sum of Dollars. In full for publication of the above notice. 411paac e$ JODI E `�Ci•�Y'�. MD, 6 9-19 r -Of iM0a'�x'Ii.N NO.782 13 + " Rte°'wri t" low