HomeMy WebLinkAbout2010-04-05-Resolutions 10-83_Bonds - URR Series 2010C - Set PHRESOLUTION #10-83
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO
EXCEED $1,650,000 URBAN RENEWAL REVENUE
BONDS OF THE CITY OF WAUKEE,STATE OF IOWA
AND PROVIDING FOR PUBLICATION OF NOTICE
THEREOF
WHEREAS,the City of Waukee,State of Iowa,is in need of funds to carry out the
purpose hereinafter described;and,it is deemed necessary and advisable that the City
should issue Urban Renewal Revenue Bonds to the amount of not to exceed $1,650,000,
as authorized by Section 403.9,of the Code ofIowa,for the purpose of providing funds
to pay costs thereof;and
WHEREAS,before the bonds may be issued,it is necessary to comply with the
provisions of the Code,and to publish a notice of the proposal to issue such bonds and of
the time and place of the meeting at which it is proposed to take action for the issuance of
the bonds and to receive oral and/or written objections from any resident or property
owner of the City to such action;
NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF WAUKEE,STATE OF IOWA:
Section 1.That this governing body meet in the Council Chambers,City Hall,230
West Hickman Road,Waukee,Iowa,at five o'clock P.M.,on the 19th day of April,2010,
for the pm-pose of taking action on the matter of the issuance of not to exceed $1,650,000
Urban Renewal Revenue Bonds of the City,the proceeds of which bonds will be used to
provide funds to pay costs of aiding in the planning,undertaking and carrying out of an
urban renewal project,including the construction and equipping of a public works
facility,with related site improvements.
Section 2.That the Clerk is hereby directed to cause at least one publication to be
made of a notice of such meeting,in a legal newspaper,printed wholly in the English
language,published at least once weekly,and having general circulation in the City,such
publication to be not less than four clear days nor more than twenty days before the date
of the public meeting on the issuance of the bonds.
Section 3.The notice of the proposed action to issue the bonds shall be in
substantially the following form:
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 $1,650,000 URBAN RENEWAL REVENUE
BONDS OF THE CITY OF WAUKEE,AND THE
HEARING ON THE ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the City Council of the City of Waukee,
State ofIowa,will hold a public hearing on the 19th day of April,2010,at five o'clock
P.M.,in the Council Chambers,City Hall,230 West Hickman Road,Waukee,Iowa,at
which meeting the City Council proposes to take additional action for the issuance of not
to exceed $1,650,000 Urban Renewal Revenue Bonds of the City.The bonds will not
constitute general obligations or be payable in any manner by taxation,but will be
payable from and seemed by the net revenues of the public works utility.The bonds are
proposed to be issued for the purpose of paying costs of aiding in the planning,
undertaking and carrying out of an urban renewal project,including the construction and
equipping of a public works facility,with related site improvements.
At the above meeting oral or written objections from any resident or property
owner of the City to the above action shall be received.After all objections have been
received and considered,the Conncil 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
the bonds.
This notice is given by order of the governing body as provided by Section 403.9
of the Code ofIowa.
Dated this 5th day of April,2010.
,City of Waukee,State ofIowa
(End of Notice)
PASSED AND APPROVED this 5th day of April,2010.
ATTEST:
ROLL CALL VOTE
Shane Blanchard
Dan Dutcher
Casey L.Harvey
Darlene Stanton
Mike Watts
AYE
X
X
X
X
NAY ABSENT
X
ABSTAIN