HomeMy WebLinkAbout2018-04-02-H12 Bond_Sewer Revenue_PHAGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: April 2, 2018
AGENDA ITEM:On the issuance of not to exceed $4,000,000 Sewer Revenue Bonds
FORMAT:Public Hearing
SYNOPSIS INCLUDING PRO & CON: The proposed General Obligation Bonds will be
used to finance the costs of improvements and extension of the City’s
sewer utility.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed $4,000,000
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
H12
(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 $4,000,000
SEWER 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 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 $4,000,000 Sewer 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
Sewer Utility. The bonds are proposed to be issued for the purpose of paying costs of
improvements and extension to the City’s municipal sewer utility.
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 19th day of March, 2018.
Rebecca D. Schuett
City Clerk, City of Waukee, State of Iowa
(End of Notice)