HomeMy WebLinkAbout2014-307-4 /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 $700',000 General Obligation Bonds (GCP-2)
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.
Suzy Sch es, CMC
City Clerk
April 28, 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
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Council Member Hart introduced the following Resolution entitled "RESOLUTION
FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT
TO EXCEED $700,000 OF GENERAL OBLIGATION BONDS (FOR GENERAL
CORPORATE PURPOSES) 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. 2014-307
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED
$700,000 OF GENERAL OBLIGATION BONDS (FOR
GENERAL CORPORATE PURPOSES) AND PROVIDING FOR
PUBLICATION OF NOTICE THEREOF
WHEREAS, the City of Waterloo, State of Iowa, is in need of funds to carry out a
general corporate purpose project as hereinafter described; and, it is deemed necessary that it
should issue General Obligation Bonds, to the amount of not to exceed $700,000 as authorized
by Section 384.26 of the Code of Iowa, for the purpose of providing funds to pay costs thereof;
and
WHEREAS, the City has a population of more than 5,000, but not more than 75,000, and
the amount of bonds for these purposes is not more than $700,000; and
WHEREAS, before the bonds may be issued, it is necessary to comply with the
provisions of Chapter 384 of the Code of Iowa, and to publish a notice of the proposal to issue
such bonds and the right to petition for an election.
NOW, THEREFORE, BE IT RESOLVED BY THE 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, Waterloo, Iowa, at 5:30 P.M., on the 12"' day of May, 2014, for the purpose of taking
action on the matter of the issuance of not to exceed $700,000 of General Obligation Bonds, the
proceeds of which bonds will be used to provide funds to pay costs of reconstruction, renovation,
remodeling, improvement, equipping and repairing of the Five Sullivan Brothers Center,
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Downtown Parking Garages, the public market, and Entertainment Area parking lot
improvements and shall bear interest at a rate not exceeding the maximum specified in the
attached notice.
Section 2. 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 ten clear days before the date of the public meeting on the issuance of the bonds.
Section 3. The notice of the proposed action to issue bonds shall be in substantially the
following form:
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NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF
WATERLOO, STATE OF IOWA, ON THE MATTER OF THE
PROPOSED ISSUANCE OF NOT TO EXCEED $700,000
PRINCIPAL AMOUNT OF GENERAL OBLIGATION BONDS
(FOR GENERAL CORPORATE PURPOSES (GCP-2)), AND
HEARING ON ISSUANCE OF BONDS
Public Notice is hereby �iven that the Council of the City of Waterloo, State of Iowa, will
hold a public hearing on the 12t 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
action for the issuance of not to exceed $700,000 of General Obligation Bonds (for general
corporate purposes), bearing interest at the rate of not to exceed nine (9) per centum per annum,
the bonds to be issued for the purpose of providing funds to pay costs of reconstruction,
renovation, remodeling, improvement, equipping and repairing of the Five Sullivan Brothers
Center, Downtown Parking Garages, the public market, and Entertainment Area parking lot
improvements.
At any time before the date of the meeting, a petition, asking that the question of issuing
such bonds be submitted to the legal voters of the City, may be filed with the City Clerk of the
City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of
Section 384.26 of the Code of Iowa.
This Notice is given by order of the Council of the City of Waterloo, State of Iowa, as
provided by Section 384.26 of the Code of Iowa.
Dated this 28th day of April, 2014.
--<It,- -!L I
uzy Schar s, CMC
City Clerk
�L
PASSED AND ADOPTED this 28"' day
ATTEST:
Ain
Suzy Sch s, CMC
City Clerk
of April, 2014.
Ernest G. Clark, Mayor
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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.
:2_ _.<�kt ct'r—&Z"�
Suzy Sc ares, CMC
City Clerk
(SEAL)
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 $700,000 General Obligation Bonds (GCP-2))
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 City, 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.
Suzy Sc ares, CMC
City Clerk
(SEAL)
01015957-1\11310-101
r
STATE OF IOWA, }
I do solemnly swear that the annexed copy of legal
City of Waterloo
Proposed issuance not to exceed $700,000 principal
Black Hawk County, SS
amount general obligation bonds GCP-2
Notice was published in the Waterloo -Cedar Falls
Courier, a daily newspaper printed in Waterloo, Black
Public Notice is hereby given that the
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
Iowa, .will hold a public hearing on the
rate of said newspaper, and that the following is a
correct bill for publishing said notice.
NOTICE OF MEETING OF THE COUN-
CIL OF THE CITY OF WATERLOO,
STATE OF IOWA. ON THE MATTER OF
. AMOUNT OF GENERAL OBLIGATION
Printer's Bill $20.02
BONDS (FOR GENERAL CORPORATE
PURPOSES (GCP-2)), AND HEARING
ON ISSUANCE OF BONDS
Public Notice is hereby given that the
Council] of the City of.Waterloo, Stafe of
Iowa, .will hold a public hearing on the
12th day of. May, 2014, at 5:30 P.M., in.
the Law Court Theater, Waterloo Center.
for the, Arts Waterloo, Iowa at which
Signed
meeting the Council proposes to take
action for the issuance of not to exceed
$700,000 of General Obligation Bonds.
(for general corporate purposes), bearing
interest at the rate of not to exceed nine
(9) per,centum per annum, the bonds to 1
be issued for the purpose of providing
Subscribed and sworn to before me this
funds to pay costs of reconstruction, -
renovation, remodeling, improvement,
equipping and repairing of. the Five
Sullivan Brothers Center, Dowrrtown.
Da A.D. 20
Perk Garages. the public market, and
of
y �-
I
-
Entertapnment Area parking .lot improveii
ments.
At any, time before the date of the
F'
meeting, a petition;asking that the
question to issuing such bonds be.
submitted o the legal voters of the City,
J h, ,[�'` r
i ,1 r
I ! f ( lr
, may be filed with the City Clerk of the City
in the manner provided by Section 362.4 -
Notary Public
of the i Code of Iowa, pursuant .to the
provisions of Section 384.26 of the Code
of Iowa.
This Notice is given by order of the
Received of
Council of the City of Waterloo, State of
.Iowa, asprovided by.Section 384.26 of'.
the Code of Iowa.. -
Dated this 28th day of April, 2094.
Suzy Schares, City Clerk
City of Waterloo, State of Iowa
the sum of
Dollars.
In full for publication of the above notice.
x COMMISSION A10.7,32.413
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