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Home My WebLink About2013-10-07-Resolutions 13-250_Bonds - GO Urban Renewal Series 2013D - Set PHRESOLUTION 13-250 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $9,200,000 GENERAL OBLIGATION URBAN RENEWAL BONDS (FOR ESSENTIAL CORPORATE URBAN RENEWAL PURPOSES)OF THE CITY OF WAUKEE,STATE OF IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS,by Resolution No.93,adopted December 13,1988,this Council found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law,and approved and adopted the Waukee Urban Renewal Plan for the Waukee Urban Renewal Plan Area (the "Waukee Urban Renewal Area").The Waukee Urban Renewal Area was amended by Resolution 00-226,adopted December 18,2000;further amended by Resolution 01-58,adopted April 15,2001;further amended by Resolution 02-139,adopted September 23,2002; further amended by Resolution 03-10,adopted January 6,2003;further amended by Resolution 03-98,adopted April Zl ,2003;further amended by Resolution 04-159, adopted July 12,2004;and further amended by Resolution 07-95,adopted May 21,2007; and WHEREAS,by Resolution No.197,adopted June 15,1992,this Council found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law,and approved and adopted the Waukee Southwest Urban Renewal Plan for the Waukee Southwest Urban Renewal Plan Area (the "Waukee Southwest Urban Renewal Area");and WHEREAS,by Resolution No.335,adopted March 20,1995,this Council found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law,and approved and adopted the Enterprise Business Park Urban Renewal Plan for the Enterprise Business Park Urban Renewal Plan Area (the "Enterprise Business Park Urban Renewal Area");and WHEREAS,by Resolution No.04-272,adopted December 20,2004,this Council approved and adopted an Amendment to Consolidate the Hickman West Urban Renewal Area,Enterprise Business Park Urban Renewal Area,and the Waukee Urban Renewal Areas and add property;and WHEREAS,by Resolution No.11-80 adopted on May 23,2011,this Council approved and adopted Amendment No.1 to the Waukee Unified Urban Renewal Plan in order to:(1)unify all of the City's existing urban renewal areas into a single area;(2) rename the unified areas the Waukee Unified Urban Renewal Area ("Area"or "Urban Renewal Area")and rename the Plan as the Waukee Unified Urban Renewal Plan -1 - ("Plan");(3)add additional new property for roads and future development,which property is designated as the Amendment No.1 Area to the Waukee Unified Urban Renewal Area;(4)confirm the list of urban renewal activities that may be undertaken by the City;and (5)designate a part of the new area to be added as appropriate for the remediation of blight;and WHEREAS,by Resolution No.11-224 adopted on December 5,2011,this Council approved and adopted Amendment No.2 to the Waukee Unified Urban Renewal Plan in order to add additional new property for blight remediation and future development,and to designate the new area to be added as appropriate for the remediation of blight and to provide authority for additional proposed urban renewal projects;and WHEREAS,by Resolution No.12-251,adopted November 19,2012,this City Council approved and adopted an Amendment No.3 to the Plan to add and/or confirm proposed projects to be undertaken within the Urban Renewal Area;and WHEREAS,the Council is in the process of seeking to further amend the Unified Area,and anticipates adoption on October 21,2013,of an Amendment No.4 to the Plan to remove certain un-or under-utilized land in the Unified Area,and to clarify projects sought within the Unified Area as amended;and WHEREAS,the Council is in the process of creating a new Urban Renewal Area, and anticipates adoption on October 21,2013,of the Gateway Economic Development Urban Renewal Area,along the Alice's Road corridor off the new interstate access for the City,and identifies projects sought within said Area;and WHEREAS,the City of Waukee,State of Iowa,is in need of funds to carry out a project as hereinafter described;and,it is deemed necessary that the City should issue General Obligation Urban Renewal Bonds,to the amount of not to exceed $9,200,000,as authorized by Sections 384.24(3)(q),384.25 and 403.12,of the Code ofIowa,for the purpose of providing funds to pay costs of the urban renewal projects hereinafter described in the Unified Area,as amended,and the new Gateway Economic Development Area; WHEREAS,before bonds may be issued,it is necessary to comply with the procedural requirements of Chapters 384 and 403 of the Code ofIowa,and to publish a notice of the proposal to issue such bonds and the light to petition for an election. NOW,THEREFORE,BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WAUKEE,STATE OF IOWA: -2 - Section 1.That this Council meet in the Council Chambers,City Hall,230 West Hickman Road,Waukee,Iowa,at 5:30 o'clock P.M.,on the 21 st day of October,2013,for the purpose of taking action on the matter of the issuance of not to exceed $9,200,000 General Obligation Urban Renewal Bonds,for essential corporate urban renewal purposes 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 urban renewal projects under the authority ofIowa Code chapter 403,and the Urban Renewal Plans for the Waukee Unified Urban Renewal Area,as amended,and the Gateway Economic Development Urban Renewal Area,including Alice's Road project improvements from Ashworth to University,and storm water improvements. 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 weekly,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 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 CITY COUNCIL OF THE CITY OF WAUKEE,STATE OF IOWA,ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $9,200,000 GENERAL OBLIGATION URBAN RENEWAL BONDS (FOR ESSENTIAL CORPORATE URBAN RENEWAL PURPOSES)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 ofIowa,will hold a public hearing on the 21st day of October,2013,at 5:30 o'clock P.M.,in the Council Chambers,City Hall,230 West Hickman Road,Waukee,Iowa,at which meeting the Council proposes to take additional action for the issuance of not to exceed $9,200,000 General Obligation Urban Renewal Bonds,(for essential corporate urban renewal purposes)of the City,in order to provide funds to pay costs of aiding in the planning,undertaking and carrying out of urban renewal proj ects under the authority ofIowa Code chapter 403,and the Urban Renewal Plans for the Waukee Unified Urban Renewal Area,as amended,and the Gateway Economic Development Urban Renewal Area,including Alice's Road project improvements from Ashworth to University,and storm water 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 Clerk of the City,in the manner provided by Section 362.4 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 adjournment 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,State ofIowa, as provided by Chapters 384 and 403 of the Code ofIowa. Dated this 7th day of October,2013. Rebecca D.Schuett City Clerk,City of Waukee,State ofIowa (End of Notice) -4- PASSED AND APPROVED this 7th day of October,2013. ATTEST: r.aJAMA{).~~ City Clerk ROLL CALL VOTE Shane Blanchard Casey L.Harvey Shelly Hughes C.Isaiah McGee Mike Watts AYE X X X X NAY ABSENT X -1 - ABSTAIN