HomeMy WebLinkAbout2004-08-23-Resolutions 04-195_Bonds - GO Loan Agr - Set PHRESOLUTION NO.04-195
To fix a date for a public healing on a loan agreement in a principal
amount not to exceed $690,000
WHEREAS,the City of Waukee,in the County of Dallas,State of Iowa (the
"City"),proposes to enter into a loan agreement (the "Loan Agreement")in a principal
amount not to exceed $690,000 pursuant to the provisions of Section 384.24A of the
Code of Iowa for the purpose of paying the cost,to that extent,of acquisition of a fire
truck and equipment,and it is necessary to fix a date of meeting of the Council at which
it is proposed to take action to enter into the Loan Agreement and to give notice thereof
as required by such law;
NOW,THEREFORE,Be It Resolved by the City Council of the City of Waukee,
Iowa,as follows:
Section 1.This Council shall meet on the 13th day of September,2004,at the
Waukee City Hall,in the City,at 7:00 o'clock p.m.,at which time and place a hearing
will be held and proceedings will be instituted and action taken to enter into the Loan
Agreement.
Section 2.The City Clerk is hereby directed to give notice of the proposed
action on the Loan Agreement setting forth the amount and purpose thereof,the time
when and place where the said meeting will be held by publication at least once and not
less than 4 nor more than 20 days before the meeting,in a legal newspaper which has a
general circulation in the City.The notice shall be in substantially the following form:
1
NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS
TO ENTER INTO A LOAN AGREEMENT IN A PRINCIPAL
AMOUNT NOT TO EXCEED $690,000
(GENERAL OBLIGATION)
]
The City Council of the City of Waukee,Iowa,will meet on the 13th day of
September,2004,at the Waukee City Hall,in the City,at 7:00 o'clock p.m.,for the
purpose of instituting proceedings and taking action to enter into a loan agreement (the
"Loan Agreement")in a principal amount not to exceed $690,000 for the purpose of
paying the cost,to that extent,of acquisition of a fire truck and equipment.
The Loan Agreement is proposed to be entered into pursuant to authority
contained in Section 384.24A of the Code ofIowa and will constitute a general obligation
of the City.
At the aforementioned time and place,oral or written objections may be filed or
made to the proposal to enter into the Loan Agreement.After receiving objections,the
City may determine to enter into the Loan Agreement,in which case,the decision will be
[mal unless appealed to the District Court within fifteen (15)days thereafter.
By order of the City Council of the City of Waukee,Iowa.
Mark Arentsen
City Clerk
I
I
2
Section 3.All resolutions or parts of resolutions In conflict herewith are
hereby repealed to the extent of such conflict.
Passed and approved August 23,2004.
Attest:
Mark J.Arentsen,C'
Administrator/Cler
ROLL CALL VOTE
Nicholas C.Gruber
Donald L.Bailey,JI.
Bill Peard
Darlene Stanton
Jeff Mertz
AYE
X
NAY ABSENT
X
X
X
X
3