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HomeMy WebLinkAboutA020 - Proceedings from June 13, 1995 meetingt, f'r 'J 0 4 "' . Ames/419370-10/2nd 1/2 Bond Hrg Only 419370-10 (2nd 1/2 Bond Hearing) Ames, Iowa June 13, 1995 The City Council met on June 13, 1995, at 7:00 o'clock p.m., at the City Council Chambers, City Hall, in the City, pursuant to prior action of the City Council and to law, for the purpose of instituting proceedings to issue not to exceed $4,500,000 Sewer Revenue Refunding Bonds, Series 1995, 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: --.. , Bmwn . campbel 1 1, TTc)f frn;in f Parkq 1, Tpclpqco 1, Wi ri-h Absent: None The City Council investigated and found that a notice of intention to institute proceedings for the issuance of the aforementioned bonds had been duly published as provided by law and that this is the time and place at which the City Council shall receive oral or written objections from any resident or property owner of the City. The City Clerk announced that no written objections had been previously filed; the Mayor called for any oral or written objections from any resident or property owner of the City and there being none, the Mayor announced that the City Council may take additional action for the issuance of the bonds. Council Member Tedesco introduced the resolution next hereinafter set out and moved that the resolution be adopted; seconded by Council Member paxkgL_ After due consideration, the Mayor put the question on the motion and the roll being called, the following named Council Members voted: Ayes: __ Brown, CaiTpbell, Hoffman, Parks, Tedesco, Wirth Nays: None Whereupon, the Mayor declared the resolution duly adopted, as follows: -I- DORSEY & WHITNEY P.L.L.P., ATTORNEYS, DES MOINES, IOWA 4 11 Ames /419370-10 /2ndl/2 Bond Hrg Only RESOLUTION NO. • Taking additional action to issue not to exceed $4,500,000 Sewer Revenue Refunding Bonds, Series 1995 WHEREAS, pursuant to notice of the proposed action of the City Council to institute proceedings for the issuance of not to exceed $4,500,000 Sewer Revenue Refunding Bonds, Series 1995 (the "Refunding Bonds") of the City of Ames, Iowa (the "City"), for the purpose of paying the cost, to that extent, of refunding $2,450,000 of the City's outstanding Sewer Revenue Bonds, Series 1987A, dated May 1, 1987, and $1,400,000 of the City's outstanding Sewer Revenue Bonds, Series 1987B, dated December 1, 1987, heretofore given in strict compliance with the provisions of Chapter 384 of the Code of Iowa and a hearing held thereon, the City may take additional action for the issuance of the Refunding Bonds; NOW, THEREFORE, Be It Resolved by the City Council of the City of Ames, Iowa, as follows: Section 1. The City Council hereby determines that the Refunding Bonds may be issued. Section 2. All resolutions or parts thereof in conflict herewith be and the same are hereby repealed to the extent of such conflict. Passed and approved June 13, 1995. Attest: City Clerk C, Mayor -2- DORSEY & WHITNEY P.L.L.P., ATTORNEYS, DES MOINES, IOWA Ames/419370-10/2nd 1/2 Bond Hrg Only On motion and vote, the meeting adjourned. Attest: City Clerk Mayor -3- DORSEY & WHITNEY P.L.L.P., ATTORNEYS, DES MOINES, IOWA 11 . Ames/419370-10/2nd 1/2 Bond Hrg Only STATE OF IOWA COUNTY OF STORY SS: CITY OF AMES L 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 City Council relating to the authorization of not to exceed $4,500,000 Sewer Revenue Refunding Bonds, Series 1995, 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 to the authorization of such bonds. I further certify that no objections were filed in my office and no objections of any kind were made to the matter of issuing the aforesaid bonds at the time and place set for hearing thereon. WITNESS MY HAND and the seal of the City hereto affixed this 131~h day of June 1995. (Seal) City Clerk -4- DORSEY & WHITNEY P.L.L.P., ATTORNEYS, DES MOINES, IOWA