HomeMy WebLinkAbout2008-05-05-Resolutions 08-87_Bonds - GO Urban Renewal - Set PHRESOLUTION 08-87
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED
$3,100,000 GENERAL OBLIGATION BONDS OF WAUKEE,
IOWA,AND PROVIDING FOR PUBLICATION OF NOTICE
THEREOF
WHEREAS,the City of Waukee,Iowa,is in need of funds to carry out a project as
hereinafter described;and,it is deemed necessary that the Municipality should issue
general obligation bonds to the amount of not to exceed $3,100,000,as authorized by
Section 403.12,of the Code ofIowa,for the purpose of providing funds to pay costs
thereof;and
WHEREAS,before bonds may be issued,it is necessary to comply with the
procedural requirements of Chapter 384 of the City 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 CITY COUNCIL OF THE
CITY OF WAUKEE,IOWA:
Section I.That this Council meet in the Council Chambers,City Hall,230
Highway 6,Waukee,Iowa,at 7:00 o'clock P.M.,on the 19th day of May,2008,for the
purpose oftaking action on the matter of the issuance of not to exceed $3,100,000
General Obligation Bonds,the proceeds of which bonds will be used to provide funds to
pay costs of aiding in the planning,undertaking and canying out of urban renewal
projects under the authority ofIowa Code Chapter 403,including construction and
equipment of a public works building.
Section 2.That the Clerk is hereby directed to cause at least one publication to be
made of a notice of meeting,in a legal newspaper,printed wholly in the English
language,published at least once weeldy,and having general circulation in the City.
The publication to be not less than ten nor more than twenty days before the date of
public meeting on the issuance of said 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
WAUKEE,IOWA,ON THE MATTER OF THE PROPOSED ISSUANCE
OF NOT TO EXCEED $3,100,000 GENERAL OBLIGATION BONDS
OF THE CITY,AND THE HEARING ON THE ISSUANCE THEREOF
]
PUBLIC NOTICE is hereby given that the Council of the City of Waukee,Iowa,
will hold a public hearing on the 19th day of May,2008,at 7:00 o'clock P.M.,in the
Council Chambers,City Hall,230 Highway 6,Waukee,Iowa,at which meeting the
Council proposes to take additional action for the issuance of not to exceed $3,100,000
General Obligation Bonds of the City,in order to provide funds to pay costs of aiding in
the planning,undertaking and carrying out of urban renewal projects under the authority
of Iowa Code Chapter 403,including construction and equipment of a public works
building.
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
Clerk of the City,in the manner provided by Section 362.4 of the City Code ofIowa,
pursuant to the provisions of Section 384.26 of the City Code ofIowa.
Also,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
or petitions asking that the proposition be submitted to an election have been received
and considered,the Council will at this meeting or at any adjoumment thereof,take
additional action for the issuance of bonds or will take such other action as it may deem
appropriate.
This Notice is given by order of the Council of the City of Waukee,Iowa,as
provided by Section 403.12,384.24,384.25 and 384.26 of the Code ofIowa as amended.
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Dated this 5th day of May,2008.
Jeffrey L.Kooistra
City Clerk of Waukee,Iowa
(End of Notice)
I
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PASSED AND APPROVED this 5th day of May,2008.altf
ATTEST:
ROLL CALL VOTE AYE NAY ABSENT ABSTAIN
Donald L.Bailey,JI.X
Casey L.Harvey X
C.Isaiah McGee X
Darlene Stanton X
Mike Watts X
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