HomeMy WebLinkAbout2021-02-01-H04 Bonds_GO ECP_PHAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: February 1, 2021
AGENDA ITEM:On the issuance of Not to Exceed $9,500,000 General Obligation Bonds
FORMAT:Public Hearing
SYNOPSIS INCLUDING PRO & CON: The proposed General Obligation Bonds will be
used to provide funds to pay the costs of opening, widening, extending,
grading, and draining of the right-of-way of streets, highways, avenues,
alleys and public grounds, and market places, and the removal and
replacement of dead or diseased trees thereon; the construction,
reconstruction, and repairing of any street improvements, bridges, grade
crossing separations and approaches; the acquisition, installation, and
repair of sidewalks, culverts, retaining walls, storm sewers, sanitary
sewers, water service lines, street lighting, and traffic control devices and
signage; settlement, adjustment, renewing, or extension of any part or all
of the legal indebtedness of a city, whether evidenced by bonds,
warrants, or judgments, or the funding or refunding of the same,
including the General Obligation Bonds, Series 2013B and General
Obligation Urban Renewal Bonds, Series 2013D.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed $9,500,000
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Hold the public hearing.
ATTACHMENTS: I. Notice of Public Hearing
PREPARED BY:Becky Schuett
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION: Des Moines Register
DATE OF PUBLICATION: 01/19/2021
H4
(To be published on or before: January 20, 2021)
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 BONDS OF THE CITY (FOR
ESSENTIAL CORPORATE PURPOSES), 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 1st day of February, 2021, at 5:30 P.M., in the Council
Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa. 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). Please check the posted agenda in advance of the February 1, 2021
meeting for any updates to the manner in which the public may access the hearing.
At this meeting the Council proposes to take additional action for the issuance of not to
exceed $9,500,000 General Obligation Bonds, for essential corporate purposes, to provide funds
to pay the costs of opening, widening, extending, grading, and draining of the right-of-way of
streets, highways, avenues, alleys and public grounds, and market places, and the removal and
replacement of dead or diseased trees thereon; the construction, reconstruction, and repairing of
any street improvements, bridges, grade crossing separations and approaches; the acquisition,
installation, and repair of sidewalks, culverts, retaining walls, storm sewers, sanitary sewers,
water service lines, street lighting, and traffic control devices and signage; settlement,
adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether
evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, including
the General Obligation Bonds, Series 2013B and General Obligation Urban Renewal Bonds,
Series 2013D.
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 384.25 of the Code of Iowa.
Dated this 18th day of January, 2021.
Rebecca D. Schuett
City Clerk, City of Waukee, State of Iowa
(End of Notice)