HomeMy Public PortalAboutResolutions-2017-103
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MINUTES TO SET DATE FOR
HEARINGS ON PROPOSALS TO ENTER
INTO LOAN AGREEMENTS
436989-22
Tiffin, Iowa
October 17, 2017
The City Council of the City of Tiffin, Iowa, met on October 17, 2017, at
p.m., at the City Hall Council Chambers, Tiffin, Iowa. The Mayor presided and the roll was
called showing the following members of the City Council present and absent:
Present: Upton, Bartels, Havens, Ryan, Kahler.
Absent: None.
Council Member Ryan introduced the resolution hereinafter next set out and moved its
adoption, seconded by Council Member Kahler; 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: Upton, Bartels, Havens, Ryan, Kahler.
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
Attest:
City Clerk
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RESOLUTION NO. 2017-103
Resolution setting the date for public hearings and additional action on proposals to
enter into General Obligation Loan Agreements and to borrow money thereunder
on County, State of Iowa, pursuant to
the provisions of Section 384.24A of the Code of Iowa, proposes to enter into a loan agreement
amount not to exceed $150,000, pursuant to the provisions of Section 384.24A of the Code of
Iowa, for the purpose of paying the costs, to that extent, of acquiring real estate for public uses,
including fire protection services
meeting of the City Council at which it is proposed to take action to enter into the General
Purpose Loan Agreement #1 and to give notice thereof as required by such law, including notice
of the right to petition for an election on such proposal; and
WHERE
$230,000, pursuant to the provisions of Section 384.24A of the Code of Iowa, for the purpose of
paying the costs, to that extent, of constructing parking improvements for the municipal baseball
and soccer recreational facilities
meeting of the City Council at which it is proposed to take action to enter into the General
Purpose Loan Agreement #2 and to give notice thereof as required by such law, including notice
of the right to petition for an election on such proposal; and
WHEREAS, the City also proposes to enter into a
Purpose Loan Agreement #2 and the General Purpose Loan Agreement #3 are sometimes
nd to borrow money thereunder in a principal
amount not to exceed $245,000, pursuant to the provisions of Section 384.24A of the Code of
Iowa, for the purpose of paying the costs, to that extent, of constructing recreation trails (the
lectively, the Land Project, the Parking Project and the Trail Project are
meeting of the City Council at which it is proposed to take action to enter into the General
Purpose Loan Agreement #3 and to give notice thereof as required by such law, including notice
of the right to petition for an election on such proposal;
NOW, THEREFORE, Be It Resolved by the City Council of the City of Tiffin, Iowa, as
follows:
Section 1. This City Council shall meet on November 7, 2017, at the City Hall
Council Chambers, Tiffin, Iowa, at .m., at which time and place hearings will be
held and proceedings will be instituted and action taken to enter into the Loan Agreements
described in the preamble hereof.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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Section 2. The City Clerk is hereby directed to give notice of the proposed action on
the General Purpose Loan Agreement #1 setting forth the amount and purpose thereof, the time
when and place where the said meeting will be held by publication at least once, not less than ten
(10) and not more than twenty (20) days before the date of said meeting, in a legal newspaper
which has a general circulation in the City. The notice shall be in substantially the following
form:
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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Tiffin / 436989-22 / Set Hrg GO LAs (rr)
NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO
ENTER INTO A LOAN AGREEMENT AND TO BORROW MONEY
THEREUNDER IN A PRINCIPAL AMOUNT NOT TO EXCEED $150,000
(GENERAL OBLIGATION)
November 7,
2017, at the City Hall Council Chambers, Tiffin, Iowa, at seven p.m., for the purpose of
rincipal amount not to exceed $150,000 for
the purpose of paying the costs, to that extent, of acquiring real estate for public uses, including
fire protection services.
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.
The maximum rate of interest which may be payable under the Loan Agreement is 7%
per annum.
At any time before the date fixed for taking action to enter into the Loan Agreement, a
petition may be filed with the City Clerk of the City asking that the question of entering into the
Loan Agreement be submitted to the registered voters of the City, pursuant to the provisions of
Section 284.26 of the Code of Iowa.
By order of the City Council of the City of Tiffin, Iowa.
Ashely Jay Platz
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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Section 3. The City Clerk is hereby directed to give notice of the proposed action on
the General Purpose Loan Agreement #2 setting forth the amount and purpose thereof, the time
when and place where the said meeting will be held by publication at least once, not less than ten
(10) and not more than twenty (20) days before the date of said meeting, in a legal newspaper
which has a general circulation in the City. The notice shall be in substantially the following
form:
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0
Tiffin / 436989-22 / Set Hrg GO LAs (rr)
NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO
ENTER INTO A LOAN AGREEMENT AND TO BORROW MONEY
THEREUNDER IN A PRINCIPAL AMOUNT NOT TO EXCEED $230,000
(GENERAL OBLIGATION)
2017, at the City Hall Council Chambers, Tiffin, Iowa, at .m., for the purpose of
instituting proceedings and taking action on a proposal to enter into a
the purpose of paying the costs, to that extent, of constructing parking improvements for the
municipal baseball and soccer recreational facilities.
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.
The maximum rate of interest which may be payable under the Loan Agreement is 7%
per annum.
At any time before the date fixed for taking action to enter into the Loan Agreement, a
petition may be filed with the City Clerk of the City asking that the question of entering into the
Loan Agreement be submitted to the registered voters of the City, pursuant to the provisions of
Section 284.26 of the Code of Iowa.
By order of the City Council of the City of Tiffin, Iowa.
Ashely Jay Platz
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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Section 4. The City Clerk is hereby directed to give notice of the proposed action on
the General Purpose Loan Agreement #3 setting forth the amount and purpose thereof, the time
when and place where the said meeting will be held by publication at least once, not less than ten
(10) and not more than twenty (20) days before the date of said meeting, in a legal newspaper
which has a general circulation in the City. The notice shall be in substantially the following
form:
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0
Tiffin / 436989-22 / Set Hrg GO LAs (rr)
NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO
ENTER INTO A LOAN AGREEMENT AND TO BORROW MONEY
THEREUNDER IN A PRINCIPAL AMOUNT NOT TO EXCEED $245,000
(GENERAL OBLIGATION)
2017, at the City Hall Council Chambers, Tiffin, Iowa, at .m., for the purpose of
instituti
the purpose of paying the costs, to that extent, of constructing recreation trails.
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.
The maximum rate of interest which may be payable under the Loan Agreement is 7%
per annum.
At any time before the date fixed for taking action to enter into the Loan Agreement, a
petition may be filed with the City Clerk of the City asking that the question of entering into the
Loan Agreement be submitted to the registered voters of the City, pursuant to the provisions of
Section 284.26 of the Code of Iowa.
By order of the City Council of the City of Tiffin, Iowa.
Ashely Jay Platz
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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Section 5. All resolutions or parts of resolutions in conflict herewith are hereby
repealed to the extent of such conflict.
Section 6. This resolution shall be in full force and effect immediately upon its
adoption and approval, as provided by law.
Passed and approved October 17, 2017.
Mayor
Attest:
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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ATTESTATION CERTIFICATE
STATE OF IOWA
COUNTY OF JOHNSON SS:
CITY OF TIFFIN
I, the undersigned, City Clerk of the City of Tiffin, 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 acti
therein.
WITNESS MY HAND this _____ day of __________________, 2017.
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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ORGANIZATION CERTIFICATE
STATE OF IOWA
COUNTY OF JOHNSON SS:
CITY OF TIFFIN
I, the undersigned City Clerk, do hereby certify that the City of Tiffin 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:
Steve Berner, Mayor
Doug Boldt, City Administrator
Ashley Platz, City Clerk
Mike Ryan, Council Member/Mayor Pro Tem
Peggy Upton, Council Member
Jim Bartels, Council Member
Al Havens, Council Member
Jo Kahler, Council Member
WITNESS MY HAND this ____ day of _____________, 2017.
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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PUBLICATION CERTIFICATE
(PLEASE NOTE: Do not date and return this certificate until you have received the
indicated in the affidavits but please return all other completed pages to us as soon as they
are available.)
STATE OF IOWA
COUNTY OF JOHNSON SS:
CITY OF TIFFIN
I, the undersigned, City Clerk of the City of Tiffin, 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
and in the newspaper specified in such affidavits, which newspaper has a general circulation in
the City.
WITNESS MY HAND this ______ day of ________________, 2017.
City Clerk
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
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October 12, 2017
Via Email
Doug Boldt
City Administrator/City Hall
Tiffin, Iowa
Re: General Obligation Loan Agreements
Our File No. 436989-22
Dear Doug:
th
We have prepared and attach proceedings to be used at the October 17 City Council meeting to
th
enable the City Council to set November 7 as the date for the hearings on the General Obligation Loan
described therein.
The documents attached include the following items:
1.Resolution fixing the date, time and place of the meeting at which it is proposed to hold the
hearings and take action to enter into the Loan Agreements.
The forms of notice of hearing are set out in Sections 2, 3, and 4 of the resolution. Please print extra
copies for delivery to the publisher. Please insert the time and place of the hearings in both the resolution and
the notices.
2.Attestation Certificate with respect to the validity of the transcript.
3.Organization Certificate.
4.Publication Certificate with respect to publication of the notices, to which must be attached
notices as published.
Each of the notices of hearing on the General Purpose Loan Agreements must be published at least
th
ten (10) and not more than twenty (20) days
once not less than before the November 7 meeting date set for
the hearings, in a legal newspaper which has a general circulation in Tiffin. The last date on which these
notices can be effectively published is October 28, 2017. Please fax a copy of the published notices to our
office at (515) 283-1060 as soon as each appears in the newspaper.
As soon as possible after the City Council meeting, please return one fully executed copy of these
proceedings.
If you have any questions, please contact Rebecca Donaldson or me.
Best regards,
John P. Danos
Attachments
cc: Jeff Heil
Diana VanVleet
Ashley Jay Platz
Cindy Tebbitt
801 Grand Avenue | Suite 4100 | Des Moines, IA | 50309-8002 | 4 515.283.1000 | & 515.283.1060 | dorsey.com