HomeMy WebLinkAbout2018-04-02-H06 Bond_GO GCP-3_PHAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: April 2, 2018
AGENDA ITEM:On the issuance of not to exceed $700,000 General Obligation Bonds
(GCP-3)
FORMAT:Public Hearing
SYNOPSIS INCLUDING PRO & CON: The proposed General Obligation Bonds will be
used to finance the costs of acquisition, construction, improvement and
equipping recreation grounds, including Westown Meadows Park.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed $700,000
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: 03/20/2018
H6
(To be published on or before: March 20, 2018)
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 $700,000
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 2nd day of April, 2018, 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 $700,000 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 acquisition,
construction, improvement and equipping recreation grounds, and new parks, including
acquisition of real estate therefor, related to the new Westown Meadows park.
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 at City 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 19th day of March, 2018.
Rebecca D. Schuett
City Clerk, City of Waukee, State of Iowa
(End of Notice)