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HomeMy WebLinkAboutA004 - Public Notice dated May 31, 2022 - setting meeting date C NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO ENTER INTO A LOAN AND DISBURSEMENT AGREEMENT IN A PRINCIPAL AMOUNT NOT TO EXCEED $3,500,000 (WATER REVENUE) The City Council of the City of Ames, Iowa, will meet on June 14, 2022, in the Council Chambers of City Hall, 515 Clark Avenue, in the City, at six o'clock p.m., for the purpose of instituting proceedings and taking action to enter into a loan and disbursement agreement (the "Agreement") and to borrow money thereunder in a principal amount not to exceed $3,500,000, for the purpose of paying the cost, to that extent, of planning, designing and constructing improvements and extensions to the Municipal Waterworks Utility System (the "Utility") of the City. The Agreement will not constitute a general obligation of the City, nor will it be payable in any manner by taxation but, together with the City's outstanding Taxable Water Revenue Bond, SRF Series 2015, dated January 30, 2015 and any additional obligations of the City as may be hereafter issued and outstanding from time to time ranking on a parity therewith, will be payable solely and only from the Net Revenues of the Utility. At the aforementioned time and place, oral j or written objections may be filed or made to the proposal to enter into the Agreement. After receiving objections, the City may determine to enter into the Agreement, in which case, the decision will be final unless appealed to the District Court within fifteen(15) days thereafter. By order of the City Council of the City of Ames, Iowa. Diane Voss, City Clerk Voss, Diane From: Voss, Diane Sent: Monday, June 6, 2022 1:49 PM To: Baker.Lauren@dorsey.com Subject: RE: Agenda Titles (Ames #66) Lauren: The Notice of Hearing published on May 31, 2022. 1 have not yet received the Proof of Publication; however, did receive confirmation of the publication date. As soon as I receive the Proof of Publication, I will email it to you and follow up with a mailed original. Diane R. Voss, City Clerk/Records Manager 515 Clark Avenue Ames, Iowa 50010 515-239-5105 diane.voss@cityofames.org From: Baker.Lauren@dorsey.com <Baker.Lauren @dorsey.com> Sent: Monday, June 6, 2022 9:46 AM To: Voss, Diane <diane.voss@cityofames.org> Cc: Pitcher, Duane <duane.pitcher@cityofames.org>; Wisecup, Roger<roger.wisecup@cityofames.org>; Nady, Kara <kara.nady@cityofames.org>; Geesman, Ashley<ashley.geesman@cityofames.org>; Weiss, Neil <neil.weiss@cityofames.org>; Dunn, John <john.dunn@cityofames.org>; Bjork.Amy@dorsey.com; Baker.Lauren@dorsey.com; Danos.John@dorsey.com; hammond.emily@dorsey.com; Iemke.susan@DORSEY.com; orngard.severie@dorsey.com; Regan.Erin@dorsey.com; ritter.cheryl@dorsey.com; vaught.jessica@dorsey.com; Baker.Lauren@dorsey.com Subject: Agenda Titles (Ames#66) [External Email] Good morning, �l Below please find the agenda titles for the June 141h City Council meeting in connection with the City's SRF Water Revenue Loan: "Public hearing on proposal to enter into a Water Revenue Loan and Disbursement Agreement" "Resolution taking additional action on proposal to enter into a Water Revenue Loan and Disbursement Agreement" We will send the proceedings separately. Please contact us with questions. **Diane, please send over the publication certificate, including the publisher's affidavit and newspaper clip, if available. If the notice hasn't been published yet, can you tell me what day it is scheduled to be published? The last date to publish the notice effectively is June 10, 2022. Thank you, 1