HomeMy WebLinkAbout2020-08-17-H02 GO LOSST Bonds_PHH2
(To be published between July 28 and August 4, 2020)
NOTICE OF MEETING OF THE CITY COUNCIL OF THE
CITY OF WAUKEE, STATE OF IOWA, ON THE MATTER OF
THE PROPOSED ISSUANCE OF NOT TO EXCEED $9,500,000
GENERAL OBLIGATION LOCAL OPTION SALES TAX
BONDS OF THE CITY AND THE HEARING ON THE
ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the City Council of the City of Waukee, State of
Iowa, will hold a public hearing on the 17th day of August, 2020, at 5:30 P.M. Due to public health
concerns related to COVID-19, as authorized by emergency proclamation of the Governor of the
State of Iowa, this meeting will be held electronically. Citizens may access the meeting by internet
via the following link: https://zoom.us/j/352651371 (Meeting ID: 352-651-371), or telephonically
via the following numbers: +1 646-558-8656 or +1 312-626-6799 or +1 301-715-8592 (Meeting
ID: 352-651-371). At this meeting the Council proposes to take additional action for the issuance
of not to exceed $9,500,000 General Obligation Local Option Sales Tax Bonds, bearing interest at
the rate of not to exceed nine per centum (9%) per annum, to provide funds to pay the costs of
construction, improvement, and equipping of the Triumph Park project. Principal and interest on
the proposed Bonds will be payable from the Designated Portion of the local option sales and
services tax receipts collected by the City (equal to 50% thereof) and, to the extent provided in
Iowa Code 423B.9(4), the debt service fund of the City.
At any time before the date fixed for taking action for the issuance of the Bonds, a
petition, signed by eligible electors residing within the City in a number equal to at least three
percent (3%) of the registered voters of the City, may be filed with the City Clerk, asking that the
question of issuing the Bonds be submitted to the registered voters of the City at a special
election called upon the question of issuing said Bonds.
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 the meeting or at any adjournment thereof, take
additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds.
This notice is given by order of the City Council of the City of Waukee, State of Iowa, as
provided by Section 423B.9(4) of the Code of Iowa.
Dated this 20th day of July, 2020.
Rebecca D. Schuett
City Clerk, City of Waukee, State of Iowa
(End of Notice)