HomeMy WebLinkAboutA007 - Proceedings dated September 8, 1998 Ames/419370-19/2nd'/2 Hrg Only
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419370-19 (2nd 1/2 Hrg)
r:or Your R�records Ames, Iowa
September 8, 1998
The City Council met on September 8, 1998, at 7:00 o'clock p.m., at the Council Chambers,
City Hall, in the City, pursuant to prior action of the Council and to law, for the purpose of
instituting proceedings to issue $3,400,000 General Obligation Refunding Bonds and for the
transaction of such other business as may come before the meeting.
The meeting was called to order by the Mayor and the roll being called and the following
named Council Members were present and absent:
Present: Campbell, Cross, Hoffman, Parks, Quirmbach, Wirth
Absent: None
This being the time and place specified for taking action on the proposal to issue the
aforesaid bonds, the City Clerk announced that no written objections had been placed on file.
Whereupon, the Mayor called for any written or oral objections, and there were none.
Council Member Wirth introduced the resolution next hereinafter set out and
moved that the resolution be adopted; seconded by Council Member Campbell . After
due consideration, the Mayor put the question on the motion and the roll being called, the following
named Council Members voted:
Ayes: Campbell, Hoffman, Parks, Quirmbach, Wirth
Nays: None
Abstentions; Cross
Whereupon, the Mayor declared the resolution duly adopted, as follows:
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-19/2nd 1/2 Hrg Only
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RESOLUTION NO. 98-446
Determining to proceed with the issuance of not to exceed $3,400,000 General
Obligation Refunding Bonds
WHEREAS, pursuant to the provisions of Chapter 384 of the Code of Iowa, the City of
Ames, in the County of Story, State of Iowa (hereinafter referred to as the "City"), has heretofore
proposed the issuance of not to exceed $3,400,000 General Obligation Refunding Bonds (the
"Bonds")for the purpose of paying the cost of refunding$3,125,000 of the City's General Obligation
Corporate Purpose Bonds, dated June 1, 1992, and has published notice of the proposed action and
has held a hearing thereon;
NOW, THEREFORE, Be It Resolved by the City Council of the City of Ames, Iowa, as
follows:
Section 1. The Council hereby determines to proceed with the issuance of the Bonds and
declares that this resolution constitutes the "additional action" required by Section 384.25 of the
Code of Iowa.
Section 2. All resolutions or parts thereof in conflict herewith are hereby repealed to the
extent of such conflict.
Passed and approved September 8, 1998.
Mayor
Attest:
it
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-19/2nd'/: Hrg Only
On motion and vote, the meeting adjourned.
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Mayor
Attest:
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
r Ames/419370-19/2nd V2 Hrg Only
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned, City Clerk of the aforementioned City, do hereby certify that attached
hereto is a true and correct copy of the proceedings of the Council of the City relating to the
Council's determination to proceed with the issuance of not to exceed$3,400,000 General Obligation
Refunding Bonds, and the transcript hereto attached contains a true,correct and complete statement
of all the measures adopted and proceedings, acts and things had, done and performed up to the
present time in relation thereto.
I do further certify that no appeal has been taken to the District Court of the Council's
decision to proceed with the issuance of the bonds.
WITNESS MY HAND and the seal of the City hereto affixed this day of
Pry7zm,,/ , 1998.
City Clerk
(Seal)
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA