HomeMy WebLinkAboutA011 - Proceedngs from March 6, 2012 Ames419370-46/Hrg&Prelevy
MINUTES FOR HEARING ON A
GENERAL OBLIGATION LOAN
AGREEMENT AND TO AUTHORIZE
PRELEVY
419370-46
Ames, Iowa
March 6, 2012
The City Council of the City of Ames, Iowa, met on March 6, 2012, at 7:00 o'clock p.m.,
at the City Hall Council Chambers, Ames, Iowa.
The meeting was called to order by the Mayor, and the roll being called, the following
named Council Members were present and absent:
Present: Davis, Goodman, Larson, Orazem, Szopinski, Wacha
Absent: None
The City Council investigated and found that a notice of intention to institute proceedings
to enter into a General Obligation Loan Agreement in a principal amount not to exceed
$13,150,000 for the purpose of paying the cost, to that extent, of paying the cost, to that extent,
of constructing improvements to streets, water and sanitary sewer lines; carrying out flood
mitigation projects; rehabilitating city parks; and replacing a city park bicycle/pedestrian bridge
that was damaged by flooding, had been duly published as provided by law and that this is the
time and place at which the 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
placed on file. Whereupon, the Mayor called for any written or oral objections, and there being
none, the Mayor announced that the City Council may authorize the loan agreement in the
amount as published.
After due consideration and discussion, Council Member Davis introduced the resolution
next hereinafter set out, related to approving a debt service tax levy, and moved its adoption,
seconded by Council Member Larson. The Mayor put the question upon the adoption of said
resolution, and the roll being called, the following Council Members voted:
Ayes: Davis, Goodman, Larson, Orazem, Szopinski, Wacha
Nays: None
Whereupon, the Mayor declared the resolution duly adopted as hereinafter set out.
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