HomeMy WebLinkAbout2019-06-17-H05 Bond_2019B Water Revenue_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 $2,200,000 Water
Revenue Bonds
FORMAT:Public Hearing
SYNOPSIS INCLUDING PRO & CON: The proposed Water Revenue Bonds will be used to
provide funds to pay the costs of extension and improvements to the
Municipal Water Utility, including the NW Water Main Extension
project (phase II).
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed $2,200,000
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
H5
(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 $2,200,000
WATER REVENUE BONDS 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 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 $2,200,000 Water 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 secured by the Net Revenues of the Municipal
Water Utility. The bonds are proposed to be issued for the purpose of paying costs of extension
and improvements to the Municipal Water Utility, including the NW Water Main Extension
project (phase II).
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 take such other action as it may deem
appropriate.
This notice is given by order of the City Council of the City of Waukee, State of Iowa, as
provided by Chapter 384 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)