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Home My WebLink AboutA008 - Minutes to Set Date for Hearings on Proposals to Enter Into Loan Agreements dated March 28, 2023 Ames/419370-73/Set Hrgs(part rr)GO CP LAs REDATE MINUTES TO SET DATE FOR HEARINGS ON PROPOSALS TO ENTER INTO LOAN AGREEMENTS Ames, Iowa 419370-73 March 28, 2023 The City Council of the City of Ames, Iowa, met on March 28, 2023, at 6 o'clock p.m., at the Council Chambers, City Hall, Ames, Iowa. The Mayor presided and the roll was called showing the following members of the City Council present and absent: Present: Beatty-Hansen, Betcher, Corrieri, Gartin, Junck, Rollins Absent: None. Council Member Beatty-Hansen introduced the resolution hereinafter next set out and moved its adoption, seconded by Council Member Betcher; and after due consideration thereof by the City Council, the Mayor put the question upon the adoption of the said resolution and the roll being called,the following named Council Members voted: Ayes: Beatty-Hansen, Betcher, Corrieri, Gaitin, Junck, Rollins Nays: None. Whereupon, the Mayor declared the resolution duly adopted as hereinafter set out. • • At the conclusion of the meeting and upon motion and vote, the City Council adjourned. Mayor A tt5 ---- City lerk -1- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA i t Ames/h 19370-73/Set I-Irgs(pert it)GO CP LAs REDA"fL' 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 fixing a date for additional action on the City's proposals to enter into certain loan agreements, as referred to therein. WITNESS MY HAND this 28 day of March, 202 City Cl rlc I -7- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA Ames/419370-73/Set Hrgs(part rr)GO CP LAs REDATE ORGANIZATION CERTIFICATE STATE OF IOWA STORY COUNTY SS: CITY OF AMES I, the undersigned City Clerk, do hereby certify that the City of Ames is organized and operating under the provisions of Title IX of the Code of Iowa and not under any special charter and that the City is operating under the Mayor-Council form of government and that there is not pending or threatened any question or litigation whatsoever touching the incorporation of the City, the inclusion of any territory within its limits or the incumbency in office of any of the officials hereinafter named. And I do further certify that the following named parties are officials of the City as indicated: John A. Haila, Mayor Steven L, Schainker, City Manager i Renee Hall, City Cleric Corey Goodenow, Finance Director Gloria Beteher, Council Member/Mayor Pro Tern BronMn Beatty-Hansen, Council Member Amber Corrieri, Council Member Tim Gartin, Council Member Rachel Junck, Council Member Anita Rollins, Council Member WITNESS MY HAND this 28 day of March, 2023. City C erk -8- DORSEY&WI-IITNEY 1.1.11,ATTORNEYS,DES MOINES,IOWA Ames/419370-73/Set 1-Irgs(part n)GO CP LAs REDATF PUBLICATION CERTIFICATE I (PLEASE NOTE: Do not date and return this certificate until you have received the publisher's affidavits and have verified that the notices were published on the dates indicated in the affidavits but please return all other completed pages to us as soon as they are available.) STATE OF IOWA STORY COUNTY SS: CITY OF AMES I, the undersigned, City Clerk of the City of Ames, do hereby certify that pursuant to the resolution of the City Council fixing a date of meeting at which it is proposed to take action to enter into certain loan agreements, the notices, of which the printed slips attached to the publisher's affidavits hereto attached are true and complete copies, were published on the dates and in the newspaper specified in such affidavits, which newspaper has a general circulation in the City. i WITNESS MY HAND this day of , 2023. City C erk (Attach here the publisher's original affidavits with clippings of the notices, as published.) E 770604247 TT TMOE IT STgI TUUTETER p.PPROCEpNE�DINGSOTO p-� ap - THEREUNNDER INARPRINCIIPAL TOOINSTITUTEPROCEE�NGS TO a r AMOUNTNO T EXCEED. %IER IO}TO ALOAN AGREE yhich May be'paydble under the $11L,7N0,001) --MEN A 0 TO BORROW MONEY -Loan Agreement is 8%her annum; (GENERA O131,1 qT� IOW THE' EUPJ DER IN A P@gINCIPAL A7 anv time before If date fixed The City Council of'the City of A OUNTNOTTOEXCEED Itor to ng action to enter into.the Ames Iowa (tna.'City ; Will Meet $550,000 ' Loan greement o pet lion may be Rn April 11 20233.a1 the City Hglh - (GE N,%L OBLIGATIONI - filed With the Cifv Clem of the City canon Chatfibefs;Ames-lb a 6 ° The l y Couhail at the.City o asking that the question of entering ?"Clock p nn tar the PUmr6 of ibsfl, Ames, owo (ilia City"), will,mee into the Loan Agreement be of tuiing'procaodl g}'and to on April i1,+2023 qt the CItY Hall tad to the registered.voters of the . Oh'-a pr6pos I td enter into.d loon Council Charld,ti Arpes, low, of a City, pursuant to the Provisions of agreemeht (the''Loan Rpree(ag�anit') o'clock p.m,for the purpose of insti Section 38A.2b of Huff Code of lowp. It and yo I�ofroW money ihereupder.in tut ng proceedings and taking ac Ion no such petition is filed,at the afore- p Pr no al dount not' fo BXceed On tl proposal in enter into a loaf mentioned time and place, a al or gg17,750,q�q(ah he$urpose ot'pavin99 agreement (the"Loan Agreement') written objections May.be filed or fhe costs';to that extent,.of (a/ and iq borrow money thereunder In made to the proposal to enter into '.. cons1reeling sire. ,alley, stormwa- o principal+p�bunt not to exceed the Loan Agreement. After receiv. fee draipaggge)sat,1), is der,water 550,000 for ipa purpose of paving ing objections, the City may dgeter- sY�stem anq-sidewalk Imp'ovemenis• he costs,to thgi extent,of al art mine to enter_Into the Loan Airee- (ti) uoquirtl no)and Insfa ling s}ree3 n9 aqd egalppl�9 Munitipal Par ment, in which case,the dec slon dopartmeh epUl meat, traffic Mpinienance Fdc t es. Will be final unless appealed to the control de�li;95 dn�systorns street The Loan Agreement is arapased to �strict Court within fifteen (15) lighting s gndge qn sIs),. mtre be 9More Imo..pUrsuant toU authority ays thereaftel' asset - tonetaipe in Section 3a4.YgA of the ey order of iKe City Council of the TRe oan A9reement IS ppropVVsed to Code of 1 qnd will constitute a Cifv of Ames Iowa. be.an ere41higpUrsuam 0authority geheral obblllggiipn of the City, - Rome Hall conto nod In,Section �0424A of.the The maximum rate of .interest City Clerk Code of laI n alit Will Oanstltute.a - Published In theAmes Tribune on generlgl obb1 0 tign'o the CIt ��® _ 3/3012023,(17) i tea o�ectloleis mavl bee�lied ioortmPan to'ihe proposal to enter into the Lnan Agreement. After retch ng uublectio❑s, the Cliv may ter lne fa enter,Into fhe Loppn Agreeme❑7,:an which case,1npe gecislon will be final unless appealed'o he District Court within ttf[een(15)�pys thereafter. It order of the L 1Y C0 r I of the j -9- Clty of Ames,Ibwq. - Re�ea F�gIl,Clty Clerk•. FIIT'NEY LLP,A'I'fORNGYS,DES MOINES,IOWA publisha in t e A�t1es Tribune on .3/30M023.(1T) LOCAL010 Ames Tribune PO Box 631851 Cincinnati, OH 45263-1851 PROOF OF PUBLICATION # 8604247 NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO City Of Ames ENTER INTO A LOAN AGREE- CITY CLERICS OFFICE MENT AND. TO BORROW MONEY City Of Ames THEREUNDER IN A PRINCIPAL 515 Clark AVE AMOUNT NOT TO EXCEED $11,750,000 Ames IA50010-6135 TheGCityECounOB OBLIGATION) City of Ames, Iowa (the "City"), will meet on April 11, 2023, at the City Hall, STATE OF WISCONSIN, COUNTY OF BROWN Council Chambers, Ames, Iowa, at 6 o'clock P.m., for the purpose of insti- tuting proceedings and taking action The Ames Tribune, a daily newspaper printed and published on a proposal to enter into a loan at Ames,StoryCounty, Iowa, and personal knowledge of agreement (the Loan Agreement") Y p g and to borrow money thereunder in the facts herein state and that the notice hereto annexed a principal amount not to exceed was Published in said newspaper in the issues dated: thef7costs, for the Purpose xtent,f of y(a) constructing street, alley, stormwa- 03/30/2023 ter drainage, sanitary sewer, wafer system and sidewalk improvements; (b) acquiring and installing street and that the fees charged are legal. department equipment, traffic control devices and systems, street lighting, signage and signalization Sworn to and subscribed before on 03/30/2023 assets. The Loan Agreement is proposed to be entered into pursuant to authority contained in Section 384.24A of the Code of Iowa and will constitute a general obligation of the City, At that time and place, oral or writ- ten obiections may be filed or made to the proposal to enter into the Loan Agreement. After receiving ego l rk obiections, the City may determine to enter into the Loan Agreement, in which case, the decision will be final Notary,State of Wf,Moui try of own unless appealed to the District Court within fifteen (15) days thereafter. By order of tnhe City Council of the My commision expires City of Ames, Iowa. Renee Hall, City Clerk Publication Cost: $27.84 Published in the Ames Tribune on Order No: 8604247 #of Copies: 3/30/2023. (IT) Customer No: 841954 1 PO#: THIS IS NOT AN INVOICE! Pease do not use this form for payment remittance. VICKY FELTY Notary Public State of Wisconsin Page 1 of 1 i L U Ames ' ly PO Box 631851 Cincinnati, OH 45263-1851 .• une If 8604269 PROOF OF PUBLICATION NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO CityOf Ames ENTER INTO A LOAN AGREE- MENT MENT AND TO BORROW MONEY CITY CLERICS OFFICE THEREUNDER IN-A PRINCIPAL City Of Ames AMOUNT NOT TO EXCEED $550,000 515 Clark AVE (GENERAL GENER iB IALOGATION) The y of Ames, Iowa (the "City"), will meet Ames IA50010-6135 on April 11, 2023, at the City Hall, Council Chambers, Ames, Iowa, at 6 o'clock p.m., for the purpose of insti- tuting proceedings and taking action STATE OF WISCONSIN, COUNTY OF BROWN on a proposal to enter into a loan agreement (the "Loan Agreement') and to borrow money thereunder in The Ames Tribune, a daily newspaper printed and published a principal amount not to exceed 550,000for the purpose of paying at Ames,Story County, Iowa, and personal knowledge of he costs, to that extent, of renovat- ing and equipping Municipal Park the facts herein state and that the notice hereto annexed Maintenance Facilities. was Published in said newspaper in the issues dated: The Loan Asreement is proposed to be entered Into pursuant to authority contained in Section 384.24A of the Code of Iowa. and will constitute a 03/30/2023 general maximum orate of yinterest which may be payable under the and that the fees charged are legal. Loan Agreement is 8% per annum. g g At any time before the date fixed for taking action to enter into the Loan Agreement a petition may be Sworn to and subscribed before on 03/30/2023 filed with the Cify Clerk of the City asking that the question of entering into the Loan Agreement be submit- ted to the registered voters of the City, pursuant to the provisions of Section 384.26 of the Code of Iowa, If no such petition is filed, at the afore- mentioned time and place, oral or writtenobjections may be filed or made to the proposal to enter into the Loan Agreement, After receiv- Legaltlerk ing objections, the City may deter- mine to enter into the Loon Agree- meppt, in which case, the decision Notary, I,Cour o Bi w DisitrctftCourtnlwithinpfifteeno(15) days thereafter City y order of the p My commision expires City Council of the Renee Hall Publication Cost: $33.06 City Clerk Published in theAmes Tribune on Order No: 8604269 #of Copies: 3/30/2023. (1T) Customer No: 841954 1 PO#: T..HIS IS NOT AN INVOICE! Please do not use this form for payment reinit(mice. VICKY FELTY Notary Public State of Wisconsin Page 1 of 1