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HomeMy WebLinkAbout2019-06-17-H04 Bond_2019A GO GCP_PHAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: June 17, 2019 AGENDA ITEM:On the proposition of the issuance of not to exceed $200,000 General Obligation Bonds (for general corporate purposes) FORMAT:Public Hearing SYNOPSIS INCLUDING PRO & CON: The proposed General Obligation Bonds will be used to provide funds to pay the costs of community signage. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed $200,000 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: 06/04/2019 H4 (To be published on or before: June 4, 2019) 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 $200,000 GENERAL OBLIGATION BONDS OF THE CITY (FOR GENERAL 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 17th day of June, 2019, at 5:30 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 $200,000 General Obligation Bonds, for general corporate purposes, bearing interest at a rate of not to exceed nine (9) per centum per annum, the Bonds to be issued to provide funds to pay the costs of community signage. 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, including the drop box atCity Hall during non-business hours, in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Section 384.26 of the Code of Iowa. 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 384.26 of the Code of Iowa. Dated this 4th day of June, 2019. Rebecca D. Schuett City Clerk, City of Waukee, State of Iowa (End of Notice)