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Home My WebLink AboutA026 - Completed proceedings from September 14, 2021 meeting Voss, Diane From: Voss, Diane Sent: Wednesday, September 15, 2021 9:39 AM To: ritter.cheryl@dorsey.com Subject: RE: Agenda Titles (Ames #62) - For September 14 Meeting Attachments: September 14, 2021 - Hearing.pdf Cheryl: Attached are the completed proceedings from the City Council meeting on September 14, 2021. Do you want me to mail the hard copies with original signatures as well? Diane R.Voss, City Clerk/Records Manager 515 Clark Avenue Ames, Iowa 50010 515-239-5105 diane.voss@cityofames.org From: ritter.cheryl@dorsey.com <ritter.cheryl@dorsey.com> Sent: Friday, September 3, 2021 2:22 PM To:Voss, Diane <diane.voss@cityofames.org> Cc: Pitcher, Duane <duane.pitcher@cityofames.org>; Baker.Lauren@dorsey.com; Bjork.Amy@dorsey.com; Danos.lohn@dorsey.com; hammond.emily@dorsey.com; lemke.susan@DORSEY.com; orngard.severie@dorsey.com; Regan.Erin@dorsey.com;vaught.jessica@dorsey.com Subject: Agenda Titles (Ames#62) - For September 14 Meeting [External Email] Good afternoon, Diane, Below are the agenda titles for the September 141" City council meeting in connection to the general obligation urban renewal loan agreement: "Public hearing on proposal to enter into a General Obligation Urban Renewal Loan Agreement" "Resolution taking additional action on proposal to enter into General Obligation Urban Renewal Loan Agreement" We will email the proceedings separately. Please let us know if you have any questions. Thank you and have a great holiday weekend! Cheryl Ritter Public Finance Paralegal C:)MRE3E: Y— �a 1 ` Ames 419370-62 Hrg(rr)Only GO UR LA MINUTES FOR HEARING AND ADDITIONAL ACTION ON ENTERING INTO A LOAN AGREEMENT 419370-62 Ames, Iowa September 14, 2021 The City Council of the City of Ames, Iowa, met on September 14, 2021, at 6:00 p.m., at the City Council Chambers of City Hall, 515 Clark Avenue, 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: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Absent: None. This being the time and place specified for taking action on the proposal to enter into a General Obligation Urban Renewal Loan Agreement and to borrow money thereunder in a principal amount not to exceed $21,200,000, the City Clerk announced that no petition had been filed asking that the question of entering into the loan agreement be submitted to the registered voters of the City, and that the City Council may proceed with the authorization of the loan agreement. Whereupon,the Mayor called for any written or oral objections, and there being none, the Mayor closed the public hearing. After due consideration and discussion,Council Member Corrieri introduced the resolution next hereinafter set out and moved its adoption, seconded by Council Member Gartin. The Mayor put the question upon the adoption of said resolution, and the roll being called, the following Council Members voted: Ayes: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Martin Nays: None. Whereupon,the Mayor declared the resolution duly adopted as hereinafter set out. -1- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA Ames/419370-62/Hrg(rr)Only GO UR LA RESOLUTION NO. 21-501 Resolution taking additional action on proposal to enter into General Obligation Urban Renewal Loan Agreement WHEREAS, the City of Ames (the "City"), in Story County, State of Iowa proposes to enter into a General Obligation Urban Renewal Loan Agreement (the "Loan Agreement"), pursuant to the provisions of Sections 384.24A and 384.24.3(q)of the Code of Iowa,and to borrow money thereunder in a principal amount not to exceed $21,200,000 for the purpose of paying the costs,to that extent,undertaking a project in the Downtown Reinvestment District Urban Renewal Area consisting of constructing, furnishing and equipping an indoor aquatic center and associated grounds and facilities as further detailed in the urban renewal plan approved by the City Council on August 24, 2021, and in lieu of calling an election upon such proposal, has published notice of the proposed action, including notice of the right to petition for an election, and has held a hearing thereon, and as of September 14, 2021, no petition had been filed with the City asking that the question of entering into the Loan Agreement be submitted to the registered voters of the City;and NOW, THEREFORE, Be It Resolved by the City Council of the City of Ames, Iowa, as follows: Section 1. The City Council hereby determines to enter into the Loan Agreement in the future and orders that general obligation bonds or notes be issued at such time, in evidence thereof. The City Council further declares that this resolution constitutes the "additional action" required by Section 384.24A of the Code of Iowa with respect to Loan Agreement. Section 2. All resolutions or parts thereof in conflict herewith are hereby repealed to the extent of such conflict. Section 3. This resolution shall be in full force and effect immediately upon its adoption and approval, as provided by law. Passed and approved September 14, 2021. Mayor Attest: City Clerk -2- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA Ames/419370-62/Hrg(rr)Only GO UR LA On motion and vote, the meeting adjourned. Mayor Attest: City Clerk -3- DORSEY &WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA Ames/419370-62/Hrg(rr)Only GO UR LA ATTESTATION CERTIFICATE STATE OF IOWA STORY COUNTY SS: CITY OF AMES I, the undersigned, City Clerk of the City of Ames, do hereby certify that attached hereto is a true and correct copy of the proceedings of the City Council relating to the public hearing and additional action on the City Council's intention of entering into a certain General Obligation Urban Renewal Loan Agreement in the future. WITNESS MY HAND this 14th day of September, 2021. City Clerk -4- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA