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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 -1- 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, -2- 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: -3- 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 -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 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 WW ,�OpP