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HomeMy WebLinkAbout2019-08-19-Resolution 19-327_Set Public Hearing Date, City Hall Annex Lease AgreementRESOLUTION 19-327 RESOLUTION FIXING DATE FOR A PUBLIC HEARING ON THE PROPOSITION TO AUTHORIZE A LEASE AGREEMENT — BUSINESS PROPERTY PAYABLE FROM THE GENERAL FUND IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $700,000 FOR REAL PROPERTY FOR USE BY THE CITY, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Waukee, Iowa, should enter into a Lease Agreement — Business Property, a copy of which is attached hereto, in the principal amount of not to exceed $700,000 as authorized by Sections 364.4 and 384.25 of the Code of Iowa, for the purpose of providing funds to pay costs of carrying out the project as hereinafter described; and WHEREAS, the term of the proposed lease does not exceed the economic life of the property to be acquired; and WHEREAS, the Lease Agreement — Business Property shall be payable from the General Fund of the City, and aggregate annual payments due on the proposed Lease Agreement — Business Property and all other lease agreements in force on the date of authorization will not exceed ten (10) percent of the last certified general fund budget amount; and WHEREAS, before the Lease Agreement — Business Property may be authorized, it is necessary to comply with the provisions of said Code, and to publish a notice of the proposal and of the time and place of the meeting at which the Council proposes to take action for the authorization of the lease agreement and to receive oral and/or written objections from any resident or property owner of said City to such action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WAUKEE, IOWA: Section 1. That this Council meet in the Council Chambers, City Hall, 230 West Hickman Road, Waukee, Iowa, at 5:30 P.M., on the 3`d day of September, 2019, for the purpose of taking action on the matter of the authorization of a Lease Agreement — Business Property payable from the General Fund, in the principal amount of not to exceed $700,000, the proceeds of which will be used to provide funds to pay costs of real property for use by the City. Section 2. That the Clerk is hereby directed to cause at least one publication to be made of a notice of said meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in said City, said publication to be not less than four clear days nor more than twenty days before the date of said public meeting on the authorization of said lease agreement. Section 3. The notice of the proposed action to authorize said lease agreement shall be in substantially the following form: (To be published on or before August 27, 2019) NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF WAUKEE, IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LEASE AGREEMENT — BUSINESS PROPERTY (GENERAL FUND) IN THE PRINCIPAL AMOUNT OF NOT TO EXCEED $700,000, FOR REAL PROPERTY FOR USE BY THE CITY, AND THE PUBLIC HEARING ON THE AUTHORIZATION THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Waukee, Iowa, will hold a public hearing on the 3rd day of September, 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 authorization of a Lease Agreement — Business Property payable from the General Fund, in the principal amount of not to exceed $700,000, the proceeds of which will be used in order to provide funds to pay costs of real property for use by the City. Aggregate annual payments due from the general fund of the City on the proposed Lease Agreement — Business Property and all other lease agreements in force on the date of authorization will not exceed ten (10) percent of the last certified general fund budget amount., At the above meeting the Council shall receive oral or written objections from any resident or property owner of said 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 said lease agreement or will abandon the proposal. This notice is given by order of the City Council of Waukee, Iowa, as provided by Sections 364.4 and 384.25 of the Code of Iowa, as amended. Dated this 19t` day of August, 2019. Rebecca D.Schuett City Clerk of Waukee, Iowa (End of Notice) PASSED AND APPROVED this 191h dw ATTEST: w /1 City Clerk RESULTS OF VOTE: AYE Anna Bergman X R. Charles Bottenberg X Courtney Clarke Shelly Hughes X Larry R. Lyon NAY ABSENT X X ABSTAIN