HomeMy WebLinkAbout2016-10-17-H01 Sewer Revenue CLN_PH
NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY
OF WAUKEE, STATE OF IOWA, ON THE MATTER OF THE
PROPOSED AUTHORIZATION OF A LOAN AGREEMENT AND
THE ISSUANCE OF NOT TO EXCEED $2,900,000 SEWER
REVENUE CAPITAL LOAN NOTES, AND THE PUBLIC
HEARING ON THE AUTHORIZATION AND 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 October, 2016, at 5:30 o'clock 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 authorization of a Loan Agreement and the
issuance of not to exceed $2,900,000 Sewer Revenue Capital Loan Notes, in order to provide
funds to pay the costs of improvements and extensions to the Municipal Sewer System, including
the Southwest Outfall (Phase 1) and Fox Creek (Phase 3) projects. The Notes 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.
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 this meeting or at any adjournment thereof, take
additional action for the authorization of a Loan Agreement and the issuance of Notes or will
abandon the proposal to issue the Notes.
This Notice is given by order of the City Council of the City of Waukee, State of Iowa, as
provided by Sections 384.24A and 384.83 of the City Code of Iowa, as amended.
Dated this 3rd day of October, 2016.
Rebecca D. Schuett
City Clerk, City of Waukee, State of Iowa
(End of Notice)
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