Loading...
HomeMy Public PortalAboutResolutions-2017-103 DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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 -1- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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. -2- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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: -3- 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 $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 -4- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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: -5- 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 -6- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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: -7- 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 -8- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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 -9- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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 -10- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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 -11- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 Tiffin / 436989-22 / Set Hrg GO LAs (rr) 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 -12- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA DocuSign Envelope ID: 8D4C8393-7FB7-4314-B4C9-D8705A4879F0 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