HomeMy WebLinkAbout2017-04-03-H05 GO Bonds ECP - PH AGENDA ITEM:
CITY OF WAUKEE, IOWA
CITY COUNCIL MEETING COMMUNICATION
MEETING DATE: April 3, 2017
AGENDA ITEM: On the proposed issuance of not to exceed $5,500,000 General
Obligation Bonds of the City of Waukee, State of Iowa (for essential
corporate purposes)
FORMAT: Public Hearing
SYNOPSIS INCLUDING PRO & CON: The proposed General Obligation Bonds will be
used to finance the various Essential Corporate Purpose CIP projects
including Grand Prairie Interchange Land, RRVT Trailhead Parking Lot
Improvements, Windfield/High School Trail – Phase I, Grand Prairie
Parkway Enhancements – Phase I, Esker Ridge/Grand Prairie Traffic
Signals, Developer Lane Additions, Little Walnut Creek Drive Paving,
Westgate/Hickman Traffic Signals, Entrance Signs-
Douglas/Hickman/University, and the Ambulance Chassis/Box Remount
equipment.
FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed
$5,500,000
COMMISSION/BOARD/COMMITTEE COMMENT:
STAFF REVIEW AND COMMENT:
RECOMMENDATION: Hold the public hearing.
ATTACHMENTS: I. Notice of Hearing
PREPARED BY: Becky Schuett
REVIEWED BY:
PUBLIC NOTICE INFORMATION –
NAME OF PUBLICATION: Des Moines Register
DATE OF PUBLICATION: 03/21/2017
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 $5,500,000
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 3rd day of April, 2017, 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 $5,500,000 General
Obligation Bonds, for essential corporate purposes, to provide funds to pay the costs of opening,
widening, extending, grading, and construction, reconstruction, repairing of street improvements,
with related utility work; the acquisition, installation, and repair of traffic control devices;
construction reconstruction and repair of trails, sidewalks and pedestrian underpasses and
overpasses, and the acquisition of real estate needed for any of the foregoing purposes;
rehabilitation and improvement of City parks already owned, including facilities, equipment and
improvements commonly found in City parks; and the acquisition of ambulances and ambulance
equipment.
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 20th day of March, 2017.
Rebecca D. Schuett
City Clerk, City of Waukee, State of Iowa
(End of Notice)