HomeMy WebLinkAbout1991-08-20 Resolution
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RfSll.l1TIOO~. 91-197
RF.sot.l1rIOO TO ISSUIl ClrAAmE MA'IITS
"II,~
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1I11ER1':AS, 100 following fI m.~ and persons h.1vo nldc: oppllcollon
llIl\I p:ald too ndct 11IX R<J11lrN by low for too solo of c1garottcs llIl\I
clgarotto p3porsl loore fore ,
8B IT RESOLVED BY nO! Cln' caN:IL 01' 100 Cln', laiA, IhBl tho
oJlllllcot Ions be granlN and tho City Clork be llIl\I hellho II hereby
dlroctNlo Issuo 0 ponlllt to the following IWlOII porsons llIl\I f11'11lS 10
soli clgoretto p3porl nrd clgorettos:
IIIshlondor ~tm & Suppor Club - m~ H. nodso St,- (21-Aus-1991)
TIIO. Rock & Roll Dlnor - 214 S. Clinton St. - (21-AuS-1991)
Gilby. - .1310 S. r.llbm St. - (21 Aus-199l)
It W31 1IlJ\'OIl by ~nrd socordN b)' ~~
th.1t tho Resolution n.,.--rcndbOndoptOll, lU1lI upon roll en I ro ,,'Ore:
AYES: NAYS: ABSIM:
,\mbrlsco ...1- -
COurln(lY ...1- -
lIorowlt: ...1- -
Kubby ...1- -
J.nr!'on ...1- -
lkJIonn hI ..JL -
SO\' J.tk ..JL -
rnssod nrd oppro\'N this 20th dny of Aurmnt , IO..2L'
Attosl: ?{rei.d~.J .f. .Jdw
C t lork
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RESOLUTION NO. 91-\98
RESOLUTION TO ISSUE DANCING PERMIT
BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY, IOWA, lhol I Dancing POlm111l
provldod bV law Is hOlobV g/anlod 10 lho 100Iowlng namod porson Ind .1 lho following
dOlCllbad locallons upon hlllillng In Ippllcotlon, hovlng ondOllod IholOOlllho cOIUIIc.IOS 01
lho prOpGl cltV olnclall 1110 hoving camp/lad wllh In rogulotlons and OIdinancol. .nd hlvlng
I vllld boor, IlquOl. 01 wino IIconlo/polmll. 10 wll:
IIIRhlandor Inn 6 Supper Club - m~ N. DodKO St. - (9-9-91)
LoYAl ordor or Hoo.o, '1096 - 9S0 Dovor St. - (8-26-91)
~
II WOI movod bV Alllbrllco and 10cO!ldod bV Novick
01 load ba adcplod, and upon loll colllholo WOIO:
lhollho ROlolutlOll
AYES: NAYS: ABSENT:
,
..L- - Ambrllco
X - Courlnov
-
X Horowlll
-r- - KubbV
-r- -
Lorlon
- - McDonald
..L- -
..L- - Novlck
Pouod and oPPlovod Ihll 20th dav 01 ,1921..
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RESOLUTION NO. 91-\99
RESOLUTION APPROVING THE OFFICIAL FINANCIAL REPORT FOR CITY STREETS
AHD PARKING REPORT FOR THE FISCAL YEAR ENDING JUNE 30, 1991.
IM,\
I'
BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY, IOWA, that the offIcIal FInancIal
R.port for City Streets and ParkIng Report ror the perIod begInnIng July I, 1990,
through Jun. 30, 1991, bo approved,
It IllS IlIOved by Aabrhco end seconded by Novick the ResolutIon
bt adopted, and upon rot) carmere were:
AYES:
NAYS:
ABSENT:
x
-
x
-
x
Ambrlsco
Courtney
Horowitz
Kubby
Larson
HcOona ld
NovIck
-
-
..L-
X
-
-
-
..L-
X
-
-
-
Palled and approved thIs 20th
day of A"R".t
, 1991
9~
ATTEST:~i;if...).f. ./d,v)
CIT CLERK
Approved by
y Attorney's Orflce :r~(
/313
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~, Iowa Department of Transportatlon
OFFICIAL FIHAHCfAL R!PORT
101
CITY STREETS AND PARKINQ
Clly 10114 CI tv
Counlv Johnson
Flom July I, 1m
10
Juno 30, IDOl
t. lIt,,'....) e. e,I\) .cllyclorkollhoCllyol 10114 City
-,
do horoby cartlly Ihallho city council hll by rosolullon IPP/ovod Ihla IOpoll .1 III 01llclall891 Fiscal YOII
81/001 Flnlnco Roporllhla _ dav 01 ID_
, CllyMIUlngl\dd/oll 410 E. l/uhln~ton St.. 10lf4 CIty, fA
S2Z40
lit c.t
Clark'l AddrOlI
Clork'l HoulI 8:00 AM . 5100 PI1
John !l.cDonold
PI.......,.........
Phono (31~)356.5041
Mayol
MayoI'I AddlO..
..-,".
11-....-.
1"',:.,
Momboll ollho Council
l/llI14~ ~~rlsco
Kmn KubbJ
SUS4n "ora"l u
RandJ Lmon
"40:111 hovlck
Omal Courtlioy
On 01 belo" Itpttmbe/ so. 1111, 1"0 copl.. ollhll "pol' 111.I11 be flied .,Ih ~, Dillnct TlanlpolUllOn P1lnne/ 01 1M 10101 Dtptllmtn,
OI'"nlpolllllOn,
Thll"potIconlllll 01 nUT NUMOIRI: (cllclt'hO,,'ncludtdl 2j ,JA') J.O i!9) \.!!!)
DISTRIOUTIDN; Whllelnd Vello" Copl... Dlllllel Trlnlpotllllon P1lnlltr. PInk Copy. Cllt
1383
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~IOWI DflMmenl 01 Tl'ImpOrtItton
STREET FINANCE REPORT
FROM ALL SOURCES FOR STREET PURPOSES
,...-
III
C1/r IOIIA CITY
COUIIIr ~OHII~U~
C1/rNo OJJ./
~"DDII
" " Inclono o,IIlIC' UII 51'"' FlNlIC' Ilfpot1. . . . .
t, Ad,lIIllNf1lll.pI.1n on HUNDI ............
) Aclual eoo. o.ta"'C',J.,,, I, 1190. It.'...",.
ACTUAL RICIIPTS
D. I,RotdU..T.... .......................
t, Pfopttty Tal", t, t. t.... t.... t..I.......
),lptCWAutumtnlt .....................
4, IoLIC.(llfmlle on FOIIII RUN_).............
I, Proctod. r,om Dond'SoId, ...,.... It......
Iln..ml Earned................. I'" I""
C, To4., fll<lIplllLlntl Di IIIIU Del...........
0, TOT"., FUHDS"V",LAOLI (Lint"H Lintel
ACTUAL UPINOITURU
r. lol.inlelWlCe
It nOld.'1 U.lnlwnc. .. I.................
I. Snow and let n.mow'l ..,.............. II'
',.tOfm....,...,. II'" ...t. II.. ..... .t..
4. T,.fflC Itrric".................. It......
I, II'HICltlnlng.............,... "'......
,. ContllllCtlOll Of fll<onlllllCllOII
" Enginotnng ,.,......,..,..,.. t. It......
l.n~hIOfWI1PurchlMd """1"" ........,
3, RoId*.tConllructlon,."""".""..",
t, ltotm....,.",.""""""""""",
; I, T,.Wo SoMe"""", ,,,,,,,,,.,,,,,,..,
ll~.JlI,."",,,,, ,,,,,,.,,,,,,,,,,,,
"
O. Admlnll'r.hon"",.",..",. tI'I"'" "1'
tt. 11,..tUghtil'O,. It,.".,..,.",.., ...,. ...
I. TfOOl ,.".".,.........,. "'" ,.....,...
J, Iqulpmenl(l'urCh.llfd Of nepelllell. . . . . . . . . . . .
K, 1ol,1C, (lIellllll on'OIIII RUfolO) ..............
,. L Dondund Inl".., P.1d
1. Principii P.ld on Dondl .., It '" .It" It ""
1.lnl.,,,t P.kI on Dondl ".,.,.,........",.
U, Non-8UHtPu'POIII...,.,.,.."".".".,.
H, Tolel f.pond,'u'II (Llnlt I Ih,u Iol) ,..."......
0, aALANCl, Jun. 30, '"'(Lint 0 mlnUI Lint H),. .
P. TOTAL'UNOIACCOUNTlOFOR,
(Lint N i Line 0 . Lint 01
COLUIlN I
COLUlIN t
COLUIlN J
nUT.M
COLUlIN 4
TOT".,.
2,1139.953
2,1131.953
2,528,7411
1.539.611
151,3111
644.000
--1.HJl!
5.5~8.62L
~
1,105,205
143,591
=uf
6~'m
~
301,241
l3B,689
'or IIII.I.nu, cell you/ 01.1I1e1 P1enn"
t") Otbl Service, Plol"' end 8peclel ""f"m.nll, UliI,ly Fund., lie, IlIClude lilt b.l.lIClt 101 Furnll which ell ulld enUllly fo/II'OIII,
nnd your New Inllrvcllon.,
ROAO un
T~'UNO
QINIR"L
'UNO
OTHIR
'UNOI"
(ROUNO FlQURII TO NWlIT OOLLARI
-1elOt,lfL 1.349.009 --ill.ill1
).5U9.293. -r.m:oii[ =l1a;ml
2.520.74,!
xxmmmx 12,646 1,527,025
xxuxxuxxxx
xxuxxuxux , =n:iJl[
xuuxxuux ~
XUUUUUX
--1lLlli..
-Lill.J!Q. J.m.o~~
2.&28.741
4.038.041
2.891.937
1.50ll.596
-..L.lllS..1lIi
-r4J.W
3BIf
40.Il.llL
iclI
27~,lll.
-1Lill.
9.291
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1.770,7e11 1.406.827 .0. 3,177.588
~ 2.891.931 1,508,m 11.438,574
01~InlDUTlOI' WNI..1Id VIIIOW Copt.. Di.I,111 I"o.pot1l1lO11 PI_, "'n. ~1' C,ly, 00l4..,od eo,y. WOfI"""
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01OW. DtPMtmtnt 0' TIWpOrt.lIOn
STREET FINANCE REPORT
On IIld Oil IIr"1
Parting 11I1.lIItnl
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lowI City
Clly
CIIy No,
,I
RUTolC
......... It 0 0 , .
A. ACTUAL OOOf(DAlANCE Ju+t I, ttlO ....................... .,....................... ~
','
ACTUAL RICI''''
D. Pilling IIld ......, 1It<"Il1I
I. kttt LttttfRMnul, It It......... II........ ...... II .t.. tI..... It..,... 11.,1 II I.
I. Lot Of Clat......., Atttnut It II... II..... """ ..... II... I.... 11.,1. .,...... II...
~. OtNfLOIOfGltIOtRhtftut (Atnlllt). It........ It '11, II'''' II..... Iff..... It... It..
., ~TIJ". It. .t................... ...~... II.. II... "'" It ..,. .,... II......
I. "'tetlUntoul Uttmillon "",'" ","II ... It......."...... .11..... II.... ft........
Total (LIntt 01""" OS, .............,. ....... .. t 11.,..... II..... II It . It..........
c. ProcMctlof P.,,1nO Dondllotd. .,... 11.,1......'., t II....... 1I.....1t It..".........
I,D, TOW AtctipellLINtDllllN os plvt Un. CI ......... ...,....... ............... .........
f"''''-:;"''t ,TOTA(PAJliliNO'UNDS AVAILADLI (l,1Nt A plIII Dl ................................;...
x;.' , . j, .....
" ACTUAl.UPlHDITURlS
" 'or On IIld Otlllreel Pilling
t. Acquq;tion and ""un.hon 01 Uttft'1 ........ II... II It..... It.... II... It.. It....... II
I. MIInIeNnc.IndRtptl,of Uttttt ........ ... ..... ...... .... ............ ..... .......
' ~AcquIt;t*,1nd 1~lofPIt'Ing....................... 1I..It.................
4. ~ltnInCfandOptf.Uon'OtP"'inO ............ ...... II........ ............. II...
1 ~Ind rnfOtCtmtnI.............. II.........................................
"t, "
,'~ - H .TotIf(LmP1 """'11 ".................... ............ .... II.. .'...............
l'
,:'
"
. · 0, P,illng IIondt IIld In..,.., Pt14
.. _ t PriftdpltPAJctonOonch......................... .......... ........................
:~:; 1.lnlttttt Pakton BondI.'. ........ II............ ........... ........ ................
,
H, '1"~tWo,~ "kffrom P"'k\g ..... II... It........ ...".... It................ It......
' , (Amount ctIimed llIIdIIllllKeIIIneout 'Kelpel on 'OIm nUNOI
, '
L TOW ('P'nddUl" ILINt 'llllN'.. plvtDllIlNOJ. plvt UI1I H).. ... .,...... ... ,...........
'jf"
oJ, ACTUAL BALANCe June ~ 'MllLlnt e """US LIM II II It"... . It .... II II... 11.11 It II II II
, ,.It TOTAL PAAKIND ruNDS ACCOUNTCO ,on (Un.. I plIIIJI................................
',I;
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2.J.iL.112 i
"
4.502.222 'I
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1.912,791 ,
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20589.425 /
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4,502,222 'I I
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DISTRIBUTION; WhlllllId V.llow Copl... Dill/lei Trtnlpol1lllon P1IMtI; Pin. COpy. City; DOldtn/od Copy. WOfllhHl
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P.rklng Stlte~nt
Hlscellaneous Receipts ·
Interest
FInes
Telephone CommissIons
Relmburse~nt (or DU1.gOS
Hlsc, Silos
;,
1
S 399,553
181,985
216,265
413
734
96
S 399,553
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6) Iowa Department Of Tramportatlon
STREET FINANCE REPORT
ClIr l2!!li1 t y
lI.mluUon 01 MI,c.lllntOUl Rtc"pll (lint 84 lor Form RUN")
(Boo Inll/ucllonl,)
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GRANTS ~EE ATTACHED)
HISC[LL EOIIS SAL~S
:H~~Ps~::LU:~US
::mtt~~~~ . RI$E LOAH
Uno Il4 TOIIII
lI.mllltlon 01 Mllc.llln.oUll!lptndllultl (Un. K 101 Form RUT.2A)
Parking 101 oxponlOl.lllOOI mllnloonco bulldlngl.lnlullnco,ldmlnllll.lIvo COlli
lor pllnllng, log.1 1001. olC.
1500 InlIIUCllonl,)
Uno K Tol.11
Comm.ntl: (Including 111001 oxpondllurol by lubdlvldoll.)
COLUMN I
I--101Ja
sa.
-ZJ.m..
5,341
m
--1a.!ZQ..
~
COLUMNa
DI8TnIDUTlON: While end Yellow COp/II' Dil','el TllnlpollaliOll Planner, Pin_ COpy. ell" Goldenrod Copy. Wo,hlltt'
nur.lO
COLUMN I
COLUMNa
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GRANT fUNDS RECEIVED IN fY9l
federa 1 Grants
Project 'IR.8D-7(56)--12-52
Project '"-4044(1)--81-52
State Grants
Project 'RH.3715(3)--9D.52
Project 'RAP-RR89(5)-.9T-52
,
1-80 & IhIy 1 H. 11Ipr.
fIfIIA - 4.R Grant
8enton Street 8rldge
fAUS Grant
Rise Grant
Ilwy 1 & 1-80 IlIpr.
Iowa City Can Co.
Rail Spur
,
I
S 427,244
165,327
42,980
67,218
S 702,769
Ill)
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n 1 tl e 0
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Tota1 ConBtruct~on and
Ma~ntenanco Coots by
Federa1 Funct~ona1
ClaB8~:e~cat~on
Conotruct~on
Other PrincIpal ArterIals
MInor ArterIals
Collectors
TOTAL
n
$221,463
nZ,77S
JZCloI,lJ8
, Ma.:Lntenance
Other PrIncIpal ArterIals
MInor ArterIals
Co 11 ectors
TOTAL
PiH~~
23, 75
$lS6,ZZ5
l'
/3~.3
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r-----...7~-----.----------- -- - --.-----w-- -----~---------
,..IJOOII · ,L @ STREET BOND LISTINO SUPPLEMENT CLERK'S C
I,"~", \ l~} FOR STREET FINANCE REPORT 101'14 OIPU'IlINT om
· ' . , "15 IOWA em (RETAIN FOR VO
I -,- MUNICI'ALITV
IDENTifiCATION Of BONO ISM OUT ITATUI. RECEIPTS AND l)IPENOITURU 'OR OUT DURING
~ i ~ S AMOUNT : i ~ AMOUNT BI~~~NO MONIY BONDI BONDI INTlRUT
BONOTlTU ~5!' ii,ISMO = !! OUlITANOINO 'ALANC. RECEIVED RIOUMEO DUE 'AID E
'" H" i"i 7/1 7/1 ONOUT 01
. GENRL 08L1G
CONST .
I1U6Q
I
TOTAL J SUEI .,350,000
107 986 1,'00,000
0.0, Portlon
1989
24 1991
992
99J
994
m
996
997
t
f. ;~::::NG
.
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501 985 3,925,000
00 1m
1990
1991
1992
1993
1994
199'
1996
1997
1998
1999
000
2001
2002
00)
,
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940,165
"'l30,U)
40,165
51,953
~'1Jl'
~i:o~
)6 \200
fi)61,OPO
) ,o~p
6,OOa,
SEE
ATTACHED
2',000
120,000
140,000
150,000
16',000
180,000
195,000
220,000
235,000
260,000
290,000
320,000
350,000
380,000
415,000
81,242
162,335
157,235
I .~
'HI AlaVI II A COPV OP VOU~ ll~llT ~lLA"O
10NO 0111 AI 1Il0WN ON OU~ RICO~OI, fLUIl
CHICK I. I ANa CO~~IC' ALL IN'~11I ANO'M
IN 'HI AIlOUN' 'Ala ON laNai ANO IN"~lIT,
AOO ANV NIW Il~ll' ~lL4"0 10NOI IUUIO
OU~INO 'HI CU~~IN' PlICAL VlA~, COIolIINI ALL
NICIII4~V P10U~1I ON 'O~IolIA,
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371' IOWA CITY
1991
!
~......;.-,-~-..-..._-_._,---- .---... _...- ------ -...,-............'-___~,....--~..,----~--.)oo- ......,
..
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],44',000
.,
2s.ooo
95,000
.. "
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ITEMIZATION 0' MONEV RECEIVED
,
PROPERTV TAll
IPEC. AIIUS
OTHER
TOTAL
. .
ITEMIZAIION 0' OTlIER ()(p
/
ROAOWAV CONITR.
nORM IIWIR CONITR,
OTHER
TOTAL
-------
..........-. -T"'9' .-
n I EI e e
-- ---- ---...-- ---.. -----' -, .... - - - _.- -. - - --- -- -- - - - -----.-
"
,
STREET BOND LISTING SUPPLEMENT
FOR STREET FINANCE REPORT
nt, IOIlA CITV
-;- ..~tCt"LnY
I nET AIN Fon youn FILES)
CLERK'S COpy
1000A OlraAfUlHI OP UAHVO~IATlON
,o~" ~UHO
l'
, BOND ISSUE
~i
AMOUNT
~ISUED
SUEz f.35O,000
986 1,500,000
0.0. PortlDn
985 3,925,gOO
.,
~
~ ul
1989
Z~ 991
99Z
993
99~
995
996
997
00 1989
lt90
1991
199Z
1993
99~
1995
1996
1997
998
1999
, 000
ZOOI
200Z
gO)
DEBT STATUI. RECEIPTS AND ElCrENDITURES 'OR DEBT DURINO YlAR
AMOUNT "~~NO MONEY aoNDI BONDI INUREST DTttER
OUTlfANDINO BALANCI RECEIVED REDEEMED DUE 'AID mEN,
7/1 7/1 ON DEBT DITURU
ENDINO
CASH
BALANCE
W
AMOUNT
OUflrANDINO
W
I
,.
940,165
'~'Z30,U).
40.165 'fl~Yl ' 81.242
51.953
3~,Oa ,
) 9 0 I
)6 ~OO .
W !' ,
,
) ,0 0 \ t
6,OO~
SEE
ATTACHED
:t
25.000 Z5,000 162.335 ;
,
95.000 120,000 157.235 I
I~O,OOO I
150,000 !
.1
165,000 !
180,000 :1
195,000 .
\
no,ooo J
235,000 ,
260,000 .f
290,000 :1
320,000 I
350,000
180,000 i
I
415,000 ,j
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ITIMIZArlON 0' OTltER EXPENDITURES
..
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I
),445,000
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YDUlllmn ftlLATlD
DUll ftlCOIIDI, 'UAlI
I ALL'IHIIIIII AND PILL
10NDI ANO IHIIAIII.
ILATlO 10NDI ISlUID
AL YlA~, COMIINI ALL
~M'''.
-~-
1991
> ITEMIZATION 0' MaNlY RECEIVED
I.
PRDPIRTY TAX
IPEC. AIIUI
OTltlR
ROADWAY CONITR,
STORM nWER CONITR,
OTHER
,;
TOTAL
TOTAL
"L 1m'
-I. _............._.__".___..
_._-------.,--.-...--~~--"'..__.,_._---'----'
. I
,--'~'~-~~-----r-
- . .
,
.
---.-.
n 1 EI e ~I
'I
1
~
'EM NWNT STRUT FISCAL YEAR ~NT IONDS 10NDS I"T~rE~r PD.
I SSU[D fSSUEO S MATURITY OUTSTANOiNG REDEEII[D OUE NUT
"86 6,350.000 m FY88 1,500,000 81,495 150,000 93,797
, Fl89 89,764 , 150,000 8Mll
FY90 88.575 150,000 88,575
FY91 92,118 150,000 81,242
FY92 150,000
FY93 150,000
FY94 150,000
FY95 150,000
. FY96 150,000
. FY97 150,000
I
I
I
13K3
n I E/ e Lf
'- -- --_._- ----.-.__.__ -__^.___ _.__._"_____a ~_ __ .~.....__.._......___.__
,... aool0 \ \ . STREET BOND LISTING SUPPLEMENT CLERK'S (
""KIM' ,
FOR STRm FINANCE REPORT IOIIA OOUTlIIHT 0'
\ )715 IOWA C!TV
1. 'M (RETAIN FOR V
, -;- MUIlICI'ALlIY
IDENTIFICA TION OF BOND ISSUE OUT STATU'. RECEIPTS AND mENDITUAU 'OR DE liT DURIN
$i ~S .. ~ AMOUNT IIEOINNINO INTEAUT
AMOUNT .. nl CA.II MONIV IIOND. IIONDI
IIOND TITLE ..
~B ISMD . OUTSTANDINO IIALANCE RECEIVED RIDllMED DUE 'AID
~9 ..
.. .. i 7/1 711 ON OUT
~ .
. GENRL Del 10
ST. IMP.
.
,
I 112 7lI 0 109 909 2,960,000 55 991 1,610,960 ( 143,260 143,260 85,857
992 ~ 165,300
I..' , 1l99.J 165,300
99~ 165,300
995 , 165,300
,
, 996 ..; 165,300
-..
997 , 165,300
, 998 165,300
999 165,300
000 165,300
r
j\- CONST . - 1----- - --. .~..
,
.
,
,\ uno STnew 101 980 2,570,000 ~o 991 JZO,OOO ( 150,000 160,000 1 e,t30
992 . ," 160,000
.j,..... .
765,450 ( .ll(< , 8,450 9,450 64,832
ZT~O sn 8RDG 102 9ez 2,700,000 6J 990 ~
. 991 189,000 149,000 .
992 .~ 189,000
993 189,000
. 994 189,000
, ,_.
-. .'
I
I ,I' '\
-,
...-
I
t .
...,.
I, .
I
I
j
1
'.
THI AIOVIII A CO'Y 0' YOU~ 1I~llT ~ILATlO
10110 OIlY AI IHOM/ 011 OU~ ftICO~DI, 'LIAIl
CHICK,. I AIlO COft~lCT ALL IIlT~11I AIlO /ILL
III THI AMOUIlT 'AID 011 101101 AIlO IIlTl~IIY,
ADD AllY IlIW ITftllT ~lLATlD 10NOI IUUIO
OU~IIlO THI CU~~INT PlICAL YlA~, COMIINI ALL
NIClllAftY PlOU~1l ON IOftM lA,
ITEMIZATION 0' MONEV RECEIVED
,.
ITEMIZATION 0' 9THER I)
I
ROADWAV CONITR.
'TORM IIWIR CON IT
OTHER
371' lOIlA eln
1991
'ROPIRTV TAK
IPIC, AIIIII
OTIlER
TOTAL
TOTAL
~-""'---'-----.'._'---'---------'"-''.---''' ---,.-----...._"...~.-----.-......_-------_._--_...
n I EI e s
--
1___'____.__ "_", .__,'......- _- -.. __ _ ..- ._~" .~~ _. .,_,__...
- --.----.-- -- - .--.------....---r-.... ..._,~_.. 'W
,
STREET BOND LISTING SUPPLEMENT
FOR STREET FINANCE REPORT
HU IOWA eln
.... _lClfALIIY
CLERK'S COpy
IOIlA DI"_IIII..I OP UAlIVO_TATIOII
'O~\I ~u, 10
;\
I
IRrT "IN fOR YOUR FILES)
, 10ND IUUE
our mrUI.IIICllm AND mlNDITURII '011 DIIT DURINO YEAR
ei
AMOUNT
IUUID
~ Us
~ . i
AMOUNT II~~~NO
OUUfANDINO IALANeI
711 7/1
MaNlY
IIICIIVID
ION OS
IIIDIIMID
8()tjDI
DUE
INflll1If
PAID
ONDIDf
OTHIR
lXPEN.
DITURU
ENDINO
CAlli
BALANCE
1m
AMOUNT
OUTSTANDINO
1m
989 2,960,000 " 991 1,6)0,960 143.260 H),Z60 i5.857
992 - lU,)OO
991 lU,)OO ,
99~ 16',)00 !
", 16',)00
'" 996 eO 16', )00
". "
997 165, )00 -: d
'. ,I
998 16', )00
999 16',)00
000 ln, )00
,
i
, -,'- .;
j
j'l
:1
2,570,000 ~o 991 120,000 150.000 160,000 IM30 I
II
992 ' ," 160,000 ,j
." I
i
'.~ ,
j
76',450 i,450 9,~,0 64,832 .
8Z 2,700,000 63 990 l
991 189,000 U9,000 I
' , 992 In,OOO
.
993 189,000 ,
!
99~ U9,000 i
I
!
.'
,
'j
.. I
,,,. j
I
1
J
I
I
1
'. ,
!
U_ IT_liT ftlLATID
Uft ftlCOftDI, PLlAlI
LL INTftll1 AND PILL
ONOI ANO INTlftllT.
ATlO 10NOI 111UI0
L YlAft, COMIINI ALL
lA,
IflMIZATION 0' MONIY RICIIVID
InMIZATIONO' OTlllA mlNDITURU
1991
'RDPlRTY TAX
I'IC.AIIIII
OTHIR
TOTAL
ROADWAV CONITR,
ITORM IIWIR CONITR,
OTlIIR
TOTAL "~ 1383 "
...,..,........_---- - ---- _.....&.~-,--.--- .....'''""':''"--
.. II
...;...__~-_-..--........-_h_-__ .,......... ....,..~'........ '.'
, '
t-, 1 EI I~? b
..------- - ,.--- - - -- - - - - - -- -- ---....-.. -.- --"..'-- .~- -. -----
'..../IOIlI.
""H/IlI
e
'H
STREET BOND LISTING SUPPLEMENT
fOR STREET FINANCE REPORT
JU5 10llA CITY
-.- "~ICIPALI'Y
f
"
l'
ClERI<
10114 DIPa~IlIIIIT
(RETAIN FO
IDENIlfICATION Of BOND ISSUE
OUT ITATUS. RECEIPTS AND EK'ENDITUAU 'OR DIIT DU
, 114,285 1l~2e5 i 52.224
.
I ~ ,04
. 16,61.T--
, .' :,~tl
10 '*
' '- " 1 , T
ft... ,
06,66
, . SEE
"
ATTACHED
j Q~i
; .. i
AMOUNT BE~~~NO
OUTSJANDINO 'ALANer
7/1 711
~s
>ft
-
~i
~e
MONEY .
RrellVID
RON OS
RIDllMID
BONDI
DUI
AMOUNT
ISSUED
DOND TITlE
~ \
. QCNRL Oftll G
ST. IIIP.
uno
"
103 979 5,500,000 28 991
992
HI,628 -U,OOI
141,100 140,718
140,910
.
221,255 2U ,255
. m,m
"
, m,m
. m,n,
ZZl,US
ZU,US
.2750
.
106 98' 4,700,000 47 nl 1,:JZ7,'30
992
99]
994
1995
1996
" 1m
108 ~88 1,260,000 76 1991 84',715
992
993
1994
ln5
996
1997
991
(
"
.
limo
- "', -....
"
I
i
h.
.' ~i "
)" :,mo
,
. '.
I,
mo 2,300,000 28 FY~I 644.000
FY~2 (',
FY~3 ('
\ m4 '.
FY~5 I'
FY~6
FY~7
me
Fm
FYoo
FYOl
......
..." '''''
. .
~
70,000
70,000
63.000
63,000
63,000
63,000
63.000
63.000
63.000
63.000
~,
1:\' ~
l'~,
.,
..
f
, '
~,
" ,
f
I
\
,
o
INTI R EST
''''0
ON DEBT
14.957
100,450
, 18,635
, THI AlaVI II A CO'Y 0' YOU~ IT~IIT ~ILATlO ITEMIZATION 0' MONEY RECEIVED ITlMIZATION 0' OTHE
10NO om AI IHOWN ON OU~ RICO~OI, HUll ,
CHICK I. I ANO CO~~ICI ALL INI~III AND rILL ROADWAY CONI'
, IN THI AMOUNI 'AID ON 10NOI AND INTI~IIT, 'ROPERTY TAK
AOO ANY HIW n~1IT RILATlO 10NOI IUUIO IPEC. AISUI ITDRM IlWER CO
, OU~IIIO IHI CU~~INI PlICAL YU~, COMltNI ALL
NICIIIA~Y PlQU~1I ON 'O~lIIA, OTHER OTHER
371' IOWA mv 1991 TOTAL TOTAL
j\l
'I
~\
, ,
r '
I .~.
1... , ~__..__.__~_ ____._.__ ..__ _..._.._-..,...-..---- ..-.._______..._.._..._.-_----.,.--.----~.,-'
n , EI e .-,
.-------------------..------ -,-~ --..-- - - - --~-----_._--,-----...,
.
STREET BOND LISTING SUPPLEMENT
fOR STREET FINANCE REPORT
)115 IOW4 CuY
-;- UU~IC.'ALnY
"!- -
'O~\UU"O I:
ClEI1KS Copy
IOWA OIrUIIIINI or TRAIlIlORTAT~
"eOND ISSUE
(RETAIN FOR YOUR FILES)
,\
1
DIIT ITATUI. AICllm AND exPINDITUAU fOR DlaT DURINO YIAR
I ~~
! ni
, .. i
AMOUNT eE~~,~NO
DUTlTANDINO 'ALANCf
7/1 7/1
AMOUNT
ISsurD
MONIY ,
RICflVID
IONDI
RfDU/,lID
eONDI
our
. .1
INTERUT
PAID
ONDIIT
INDINO
CAIH
'A LANCI
1/)0
AMOUNT
OUTSTANDINO
eno
OTllER
1)(,,1/,
OIlURES
1979 ','00,000 za 991 281,628 -11,00
99Z
. 1,'H,"O
985 ",700,000 47 991
99Z
99l
9"
995
996
1m
780 1,260,000 76 1991 04',715
_~____.~ ,. __'_' _____.H..__._~ 99Z
993
1994
L995
996
1997
990
141,100
m,2S5
.
,
114,285
,
.
,
.'
, \'
Lt,O, 718
140,910
ZU ,255
2U,255
ZZL ,255
ZU,255
ZU,U5
ZU,U5
114,285 "
~9,O'"
L 6,6P'7
1 ~,667
10~67
10,:t67
t'6:6t~
1~6,66\
SEE
ATTACHED
14,957
j
I
.
I
'I
I
- ,
I
I
I
t
,
I
~
-,
f
i
:1
'1
i
d
I
'I'
'"
'I
.
'.
;(
. ~
;;
-.
1
,
,
.
1
"
100,450
52,224
',t ,
, .
;
mo 2,300,000 28 m1 644,000 " 18,636
mz I', ~ 70,000
FY93 ( 70,000
! ,,,,......
m4 .1,' ~ \ 63,000
m5 ). 63,000
m6 63,000
m7 63,000
m8 63,000
m9 63,000
FYoo 63,000
n01 63,000
II
!
,
'1
"
.I
.
.j
;j
l,
, '
d
,
(1
H~
I'
,
1
YOUA OTAIIT RUATlO
OUR AICOROI, 'LIASI
ALL INTRIII AIlO PILL
10NOI ANO INTlAIIT.
ILATlO .ONOI IUUIO
AL YlAA, COlI. IN I ALL
iliA.
ITEMIZATION 0' MONIY R!CIIVID
ITEMIZATION 0' OTIIER IXPENDITURU
'ROPERTY TAX
SPEC. Anus
OTHER
TOTAL
i
ROADWAY CONITA, \ I
ITORM IIWER CONITR.
OTHER
TOTAL ,..;,,, fJS3 '
......___---.-.-- ......._.__ ___ __._~ .._ -1. -..- "'__.___,~::
1991
---~.~--~~--~_.._--
"~"".,.,p,.",,., ,. .
----- ~
i
, .
~.. . 1........~, . ',-.,,' _
...........- -T"""" .-
n 1 EI e EI
J988 G.O. ISSUE 12770
~UNT STREET FISCAL YEAR boruNT BONDS BONDS INTEREST PAID
ISSUED I MATURITY TSTANDIN REDEEMED DUE ON OUT
1,260,000 m FY90 960,000 114.285 114.285 57.611
FY91 114.285 114.285 52.224
FY92 114.285
FY93 114.285
FY94 114.285
FY9S 95.238
FY96 95.238
FY97 95.238
FY98 102.857
/333i
;\
I
nit/ I:' q
I'
1988 G.O, ISSUE '2770
AHOUIIT STREET FISCAl. YEAR AHOUNT BONDS BONDS I NTERES T PAID
ISSUED 1 MATURITY UTSTANDIN REDEEMED DUE ON DE8T
1,260,000 761 FY90 960,000 114.285 114,285 57.611
FY91 114.285 114.285 52,224
FY92 114.285
FY93 114.285
FY94 114.285
FY95 95,238
FY96 95,238
FY97 95.238
FY98 102,857
;
p i
.
/333
n I E/ ~/ [I
~_.____,,-,.-__ _ _ _ _ __ _ _ _ _. _._, _. __ -.-. .._ _.".. __....._ _'0 _.. _ __ .._ ..... __,_____ ___.__'__ '
I ,..DlI01' II , I STREET BOND LISTING SUPPLEMENT CLERK'S COpy
"ilK"" \ I. \
, ' , FOR STREETFINANCE REPORT IOWUI,.RIIIINTOPTlWdIOR
~ \\ ' '...' 3715 10111. em (RETAIN FORVOUR FIL
./ -,- IIU~IC"ALIlY
IDE~mICATIDN OF BOND ISSUE
'.
Qd
. I
DEBT ITATUI. R1CEIPTI AHD EX'ENDITUAU 'DA DEBT DUAING YIAR
BlGINNING
CAIH MONEY BONDS
BALANCE AECEIVED AEDUMED
7/1
IIONO TIm
I
l . PARKlNO
l PAUINO
i PARKIHGU1S.0
j
=i' ~i
~!i ~H
JONOS
DUI
~
..
a
,
AMOUNT
OUTSTANDING
7/1
AMOUNT
IISUED
."
SOl
"
,
i
50.000 50,000
25.000 80,000
8',000
95,000
100,000
10',000
11',000
125,000
130,000
14',000
15',000
165,000
1,060,468 ',401,6g6
195.000 4,795,000
196,606
986 1,"',000 00
990 1,350,000
991
991
991
994
995
996
997
9ge
"9
000
001
I
~
,'I
'J
. .
'GENeRAL DeLIO
SPEC. ASS"fS
PARKING
TorAL
',401,606
o
4,79',000
10,196,606
~
I.
\
.
\,'(
, "
. ,
"
..... ,
. r;
,
-
. ,
. ,-
f" "
,
'.
r :-:
l-
I
.
I
INUAlIT
'AID
ON DEBT
OTHER
EXPlN,
DITUAlS
51,790
49,353
.. 448,128
420,713
I
I
\'
I
I
,
i
, .
THI AIOVI II A CO'Y " YOUR nR11T RILAno
10ND DIIT AIIHOWN ON OUR RICORDI, mAil
CHICK I ~ I ANO CORRICI ALL INTRIII ANO mL
IN THI AIIOUNT 'AIO ON 10NOI AND INnRlIT,
ADO ANY NII'I nR..I RILAno 10NOI IUUID
OURINO THI CURRINT meAL VlAR, COIIIINI ALL
NICIWRY "OURII ON PORIlIA,
ITEMIZATION 0' MONEY AECEIVED
ITlMIZ~TION 0' OTHEA EXPENDIl
I .
AOADWAY CONITA.
ITOAM nWER CONITA,
OTHER
TOTAL
'RDPIRTVT AX
SPIC.AIIIII
OTHER
; H 15 10111. e ITV . 1991 TOTAL
'~________L __",__-..I.'__.._~~._ __.._._ _. ...... ._-
- ..... _....... .-. ......-.......--..-,-----.--
n I E/ :/ ' I
-_._- ----- -- .-. - - ---,~ -.___~_____ - _ _ _ _.. _._._. _ __ _.._ __ __ _'_~ .... ft_._. ...
'OR" RUTlO
I' I
/ .
I' /
-...... ~..../
t STREET BOND LlSTINQ SUPPlEMENT
\! ~} FOR STREET FINANCE REPORT
. . ms 10llA CITY
-,- UlUIlCIPAUJ,
,I
,
CLenK'S copy
1OW4DIPl_'UIH' 0' UAIIIlO~'A'ION
(AET AIN FOR YOUR FILES)
ISlUI
DlaT IT ATU'. RIC"'" AND IICrrNOITURU 'OR OIIT DURING YUA
AMOUNT
ISSUIO
;.
to UI
! . i
AMOUNT 1l~:lNG
OUTSTANDING DALANCI
7/1 711
INOING
CAlif
BALANCE
.no
INTlRUf
'AID
ON o lIT
OTllEA
EX'IN.
DITUAU
MONIY
RICEIVIO
AMOUNT
OUTSTANDING
1130
BONDS
RrDllMIO
10NDS
Dur
1,"',000 00
I
,/
i
,
./
If'
,
:,;,.
\
,
\
\
'~,'h'.~~".I'
. i
,,'
990 1,350,000
991
992
99)
994
995
996
997
991
999
000
001
',401,606 -U,OO
0
4,795,000
10,196,606 -U,OO
50,000 50,000 51,m
25,000 80,000 49.353
as,ooo
u,ooo
100,000
, 10',000
1 11',000 ~
U',OOO
130,000
145,000 1
. 155 , 000
I 165,000
I fI
1,060,468 ',401,606 448,120 .r 1
\ 195,000 4,795,000 420.713
I. 196,606 ,
'I
,
,
,
1
,
!
.
"
I
"
I
I
"
,
.,
,
I
.. f
i
'I
I
I
.1
..
I
. I
" j
. ,
,
.
TO~AL TOTAL , 13RJ:
---_..,-~.._.....~ _..,._..............,..~-'" ..-...~- - "'...'- ...'" -- - .--.-,- -,- ----.--.- - -- _.- ----
. . ,
lIT ~ILATlO
ROI. PLlAlI
III ANOIILL
D INTlRIIT.
DNDI IUUIO
COMIINI ALL
1991
_...Ji
ITEMIZATION 0' MONIV RICIIVID
I
ITEMIZATION Dr OTIlER EXPENDITURES
,
'RO'IRTV TAX
IPlC, AIIIII
OTtllR
ROADWAY CONITR,
ITORMIIWIR CONSTR,
OlltlR
.' II
, ~
n I E/ ~, '-I
"
I
RESOLUTION NO. 91-200
RESOLUTION APPROVING FINAL PLAT OF WALDEN WOOD, PARTS H.
frll ~'
WHEREAS, tho ownol and subd/vidol, Blovormon Dovolopmonl.lnc.. hol fUod wllh tho Cltv
Clolk,lho IInol plol 01 Wolden Wood. PariS 3.7. Iowa CIIV, Johnlon CounlV. low.; and
WHEREAS. laid subdivision Is locoled on Iho 10llowlng'doscllbod rool OSIOIO local ad In 10wI
CltV, Johnson CounlV. Iowa. lo.wlt:
Tho NOllhwOlI QUOllol ollho Soulhwost OUOlIOI 01 Socllon 17. Townlhlp 79
NOllh, Rongo 6 WOSI ollho Flllh Pllnclpal MOlldlon and LOI 7 01 Alpon Loki
Subdivision os IOcoldod In Book 21, Pogo 82 Johnson CounlV RocOIdOl'.
locOIds; except Waldon Wood PaIls I and 2 os locoldod In Book 22. pago 60
and Book 30. Pogo 94 Johnson Counly RocordOl'.lOcold,; and mopl Waldon
Rldgo Perts I thlOugh 4 os locoldod In Book 23. Pogo 10 Ihrough 13 Johnson
CounlV Rocoldol" 10COlds, doscllbod os:
Boglnn/ng Ollho sOUlhwo,1 cornol of Iho Notlhwosl OuortOI Ollho SOUlhwOlt
Quorlor of Soctlon 17. Township 79 North, Rongo 6 WOSI ollho Filth Pllnclpol
MOlldlon;
Ihonco No026'65'W. 1326.78 1001 to tho northwost cornol 01 laid QUO/IOI
Quortol and tho soulhwolI cornol 01 Lot 7 of Aspon Loko Subdlvillon II
locoldod In Book 21, Pogo 82 Johnson Counly Rocordor's IOCOldl;
thonco following Iho wosl and nOllhorlv IIno 01 said LOI 7: NOo 16'31'W,
135.00 fool; Ihonco N74046'29'E. 145.001001; Ihonco S890 13'31'E. 200.00
1001; Ihonco N74046'29'E. 60,00 1001; Ihonco N59046'29'E. 50.46 foot;
thonco N4059'10'W. 34.98 1001; Ihonco N85000'50'E. 51.90100110 Iho
nOlthwOSI cornol 01 Waldon Rldgo Pall 4 OIlocoldod In Book 23, Pogo 13
Johnson CounlV Rocoldol's locolds;
lhonco S4041'04'E. 669.75 loot along Iho woslorlv Uno of Waldon RJdgo Paris
4 and 2 10 tho southwosl cornol 01 Waldon Rldgo Pori 2 os rocordod In Book
23. Pogo II Johnson County Rocoldol's locords;
Ihonco S82008'44'E, 331.311001 along Iho soUlh IIno of Waldon Rldgo Pori
2 10 0 point on tho woslollV Uno 01 Waldon Wood Port 2 os locoldod In Book
30. Pogo 94 Johnson County Rocoldor's locords;
Ihonco fOllowing Iho woslolly and southorly IIno 01 Waldon Wood Pall 2:
SI1006'16'W. 233.101001; Ihonco lollowlng 0 154,05 loollodlus CUIVO,
concovo northwoslOllV, with oconllal anglo 01 35016" I' 94.83 loot 100 polnl
thalUos S28044'22'W, 93,34 1001 "om Iho 10Sl doscllbod polnl; thonco
S43037'33'E, 103.19 1001; Ihonco N89021'16'E, 166,00 fool; Ihonco
N44021'16'E, 77.851001; Ihonco N89021'16'E, 241,72 footlo Ihosoulhoost
cornol 01 Waldon Wood POlt 2;
1*"
n, 1 EI S EI
ROlolullon No. 91-200
Pogo 2
lhonco SO'38'44'E, 290.7S 1001 along Iho oDIIllno 01 laid OuallOl Quallor 10
lho nOllhoDII cO/nor cl Waldon Wood POltl ulocordod In Book 22, Pogo 60
Johnson CounlV RocoldOl'. rOCOlds;
1II0nco 100Iowlng Iho nOllhorlv and wOllorlv IIno 01 Waldon Wood Pall- I:
N86'24'II'W. 143.10 1001: Ihonco N46024'II'W. 38.89 10QI; Ihoneo
N8S'24'II'W, 82.29 1001: Ihonco S66035'49'W, 96.22 1001; thoneo
N73'24'II'W, 120.39 1001: Ihonco S89035'49'W, 8s.o0 fool; Ihoneo
S64'35'49'W, 149.00 1001; S4024'I1'E. 327.83 100110 Iho IOUlhw011
cOInOl 01 Waldon Wood Pari I :
lhonco S89'35'49'W, 868.54 fool along Iheloulh line of laid QUOIlOf Ouortor
1011I0 poInl 01 boglnnlng.
SaId l/aCI contains 1.140,163 .quolO fool or 26.17 OCIU. mora or Iou.
and
WHEREAS. 11I0 Doplrtmonl 01 Planning and PrOOlom Oovolopmonl and Iho Pub/lc Works
DopollmOnl hovo aXlmlnod Iho proposod IInol pial and subdlvlllon. and hove locommonded
approval of soma: and
WHEREAS, sold llnal pial and lubdlvislon WOlO oxomlnod bV Ihe Planning and Zoning
Commlulon, whlch rocommondod lhol sold IInol pial and subdlvillon be occoPled and
approvod: and
,
I
WHEREAS, a dodlcollon hos boon modo 10 Iha public, and Iho lubdlvlslon hu boon modo wllh
tho flOo conlonl and In accOIdoneo wllh Iho dosllOs ollho ownOla and Plopriotora: and
WHEREAS, laid nnal pial and lubdlvislon ala found 10, conlolm with ChoplOI 409A, ~
1m 11 9911, and aU olhor IlolulOlV IOqullOmonla.
NOW, THEREFORE, 8E IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY,
IOWA, Iholsold nnol pial and lubdlvislon locolod on Iho abovo.doscllbad 1001 011010 bo and
Iho .omo 010 hOloby opplovod, and Iho dodlcollon ollho al/oals and momonlls hOlOby
accoplod os by low provldod.
BE IT FURTHER RESOLVED.lhollho Movol and CIIV Clark ollho CIIV 01 Iowa Clly, Iowa. alO
hOloby aUlhollzod and dllOctod 10 OXOCulO all logo I documonla, upon Iho opploval 01 Iho CllY
Allornov, 1010 ling 10 IlIld .ubdlvlllon. and 10 cOIIIIV 0 copy ollhls Rosolullon 10 bo rocoldod
bV Iho lubdlvidOl with tho pial ond logol popars ollho Olllco ollho Johnlon County RocoldOl.
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ROIoIutlcn No. 91-200
P.ga 3
II Wit movod bV A"brhrn .nd locondod by IInrnvlt I lho ROlolutlon bo
.doplOd, and upon loll c'lIlholO WOIO:
AYES: NAYS: A8SENT:
X AmbrllCo
,-- -
CourtnOV
- -
-L- - HOIowllz
...1- - KubbV
-L- - Llllon
..!- - McDonald
...L - Novick
P'lIod and approvod this 20lh doV 01 ,1991.
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CITY ERK
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City of Iowa City
MEMORANDUM
Dal.: AuguII 20. 1991
. To: CItV Council
From: Monic. Moon, SOnlOl PI'RIlAlll)I')lV
Ao: Planning & Zoning Iloml
AI lost n1ghl'slnIOlmol moollng, Council m.mbolllolsod lorno quesUonl concornlng corloln Planning
and Zoning 1I0ml Includod on your Augusl 20 agondo, Tho following InlormoUon II ollolOd In
lalpcnso 10 Ihoso quostlons.
LaflYOIII Sllool V.cotlon
Soma Council mambo II war 0 concornod .boul vacating CllV Ilghl'ol'WIY If I1II uncortoln whOlhOl
IntOIOlIOd prlvolo SOCIOl porllas ora willing 10 pOV whollho CIIV osUmotOllho prOPOllV Is wOllh.
ACllons on VOUI ogonda Ihls ovonlng concornlng Ihls ploposol would nOI procludo you 110m abo/llng
.clIvlIV on lho vocoUon /aquosl al . 1010/ dOlO.
If Council choosol 10 glvo IIISI consldolaUon ollho vacollon OIdlnanco Ion/ghl, 11011 wllllchodulo
IOCond consldO/Ollon ollho OIdlnanco for youl Soptombol3 moollng. Allo on Soplombol 3. wo will
Includo I lO.oIullon ollho CIIV'. InlonllO convoy Iho lubloclllghl.of.woV. Thll IOlolullon would
Ilso 101 . public hailing for SOPlombol 17 on Iho plOpolol 10 convoy Iho Ilghl.ol.woy. On
SOPlombol17, following Iho public hoollng on Iho convoyanco. II Council Is comlOllob/o wllh Iho
plica oliO/ad forlho prOporty.lho Council con glvo IInol consldOlollon of Iho oldinanco 10 vacolO Iho
rlghl,ol.way and lubsoquonllv adopl 0 IOI00uUon convoying lho prOpollV 10 Iho Individual submllllng
tho mOil occoploblo 01101. This Iconorlo would plovonl tho Clly Irom vacollngllghl.of.wov If no
accoPtoblo Llull Ivod.
I conllrmod w I oyco Do Long. PlolOCI EnglnoOl 101lhls plopos.I, lhallho slghl dlslOnco forlho
Roh/ol Rood/Coil Olivo Inlollocllon 10111llas OIloblllhod guldollnos 101 .Ighl dlslonco. Jovco OUUIOI
thai. moolulOd ogolnll AmOllcon Assoclallon 01 SIOIO Highway and TlonlpolloUon Olllclall
lAASHTOI Ilondalds, Ihls InlOlsocUon mOOls 01 moods guldollnOllor slghl dl.IOnco.
Mihal BrolhOl. LSNRD
Tho Johnlon CounlV Hoollh Dopollmonl has oPPlovod Iho oxlltlng soplIc IYllom on Iho Mohol
DIOlholl silo and has OIIulOd us Iho IYllom nood nol bo oxpondod 10 occommodolO Iho plopolOd
addlllons.
Kalin Franklin will bo plOsonl 01 VOUI mooUng this ovonlng 10 onlWOI anv quolllons you may hovo
concornlng tho Planning & Zoning Commission Iloms on VOUI ogondo.
ce: KOlin Franklin
Jovco DoLong
Bob Mlklo
David Schcon
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RESOLUTION NO. 91-201
RESOLUTION APPROVING THE PRELIMINARY LAROE BCAlE NON,RESIDEN.
TIAL DEVELOPMENT PLAN FOR MAHER BROTHERS.
WHEREAS. tho ownOI, EOII R. Riloy, hallilod with Iho Clly Clork ollowl City. Iowa, on
.ppllcollon fOl approval 01 tho prollmlnary LlIgo Scola Non.RosldonUal DovolopmonllLSNRDI
plan for Mihal BlothOl. Tllnslol and SIOIago. 101 0 worohouso and oil/co addition lOCal ad al
2470 South RlvOIsldo Dllvo and mOlo plltlculorly dOlc/lbod on Exhlbll A, allochod hOIOlo and
modo 0 pall hOlool by Ihls roloronco lIho 'Proporty'l; and
WHEREAS. Iho Dopartmonl 01 Planning and Ploglom Dovolopmont and tho Public WOIks
Dopartmont hovo oxomlnod Iho plollmlnary LSNRD plan and havo locommondod approval
lubjocllo tho condillon thol no occupancy polmll bo Issuod untlllho wolol main hol boon
oXlondod 10 tho litO lor 1110 prolocllon; and
WHEREAS, Iho plollmlnolY LSNRD plan hos boon oxomlnod by Iho Planning and Zoning
Commission; and. altaI duo dOllbolaUon, tho Commission has IOcommondod Ihollho plan bo
occoplod and oPPlovod lubloCllO Iho condillon thai no occupancy pOlmlt bo Issuod unlillho
walOI main has boon oxlondod 10 Iho silO lor lira Plolocllon; and
WHEREAS. Iho silo prosontly locks adoqualo lilO PlOlccUon; and
WHEREAS. tho Clly has ontorod Inlo on ogroomonllo oxlond 0 wOlol main 10 Iho silO 101 lira
Ploloctlon; and
WHEREAS. Iho plollmlnolV LSNRD plan 101 Mahol Blolhors will conlorm wllh 011 ollho
loqullomonls ollho Clly oldlnancos ollho City 01 Iowa Clly. Iowa. onco tho Wlllol main Is
oxlondod.
NOW. THEREFORE. BE IT RESOLVED BY THE CITY COUNCIL OF IOWA CITY. IOWA:
I. That tho plollmlnary LSNRD plan submlllod by Mohol Blolhols IOlotlng to Iho Ploporty
Is horoby opplovod aub)ocl to tho condition Ihol no occupancy pormll bo Issuod until
Iho wolol main has boon oXlondod 10 Iho slto 101 1110 ploloctlon,
2. Thotlho Moyol and Cily Clork ollho Clly of Iowa Clly, Iowa. oro hOloby oUlhorllod
. and dlloClod to cortlfy this rosolutlon and Ollho plollmlnory LSNRD plan submlllod by
Mohol Blothorl as plovldod by tho Iowa Cily Codo 01 Oldlnoncos,
It was movod by Ambrl.eo and locondod by IIorovlt.
odoplod. and upon loll colllhoro woro:
Iho Rosolutlon bo
AYES:
NAYS:
ABSENT:
....L
-L
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-
Amb/Isco
Courtnoy
HOlowilz
Kubby
LOlson
McDonald
Novick
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ROlolutlon No. 91-201
Pego 2
Plllod.nd .pprovod IhI. 20th d'YOf AIIIII.t . 18&1.
ATTEST:
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Exhlbll A
Commonclng al tho oasl qu8l10r com or 01 Soction 21, Townshlp 70 NO/th, Rango 6 Wosl 01 tho
6th P,M., thonco SI'06'40'W, 005,70 100110 tho conlor lino 01 tho CRI&P RaJlroad; thonco
S20'50'OO'E, 700,40 100110 tho Cantor ollho Counly Rood 10 0 polnl; thonco S58'41 .OO'W,
310,05 100110 a polnl; thoneo S57'47'15'W, 323,61 100110 tho polnl 01 boglnnlng; thoneo
S57'47'15'W, 248.0 1001; thonco SO'23'26'W, 345,0 1001; thonco NS0'32'26'E, 300.67 1001;
thonco NI "36'34'W,lo a polnl which Is SI'36'34'E, 350 lootlrom tho conlor 01 tho Counly Rood;
thonco wos1162,0 loo~ thonco northorly 10 tho Polnl 01 Boglnnlng os rocordod In Book 330, pogo
15201 tho Johnson Counly Roeordor's Offico. Sold p81col contolns 2.74 acros, mOIO or loss.
mlhlulA
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City of Iowa City
MEMORANDUM
,1
I
0.1.: Augu.t 20, 1901
. To: City CouncH
Flom: Monica Moon, SolllOl PloMOI ,1)I1.lt/
Ro: PI'nnlng & Zoning 111m.
AI 'ast n1ghl'.lnIOlmal mlollng, CouncH mombelllOllOd .omo quoltlon. eoncornlng elllaln Planning
.nd Zoning 110m I Includld on YOUI AugUl1 20 agonda. Tho lollowlng InfOlmallon II ollllod In
IOlpOllJO to those quolllon..
L",yolI. SIII.I V.catlon
Somo Council mom bell woro eoncornod oboul voeotlng Clly Ilghl.ol.way 11111. uncolloln Wholhol
Inleroalod prlvolO IOclOl pOllio I aro willing 10 pay Whollho Clly oltlmalos tho proPOlty II wOllh.
ActlOllJ on your .gondo Ihll ovonlng eoncornlng Ihls ploposol would nol procludo you Irom abOlllng
acllvllY on lho vae.tlon IOqu011 al . 10101 dalo.
II Council ChOOSOllO glvo firll eonsldorallon Ollho vacation OIdlnanco lonlghl, .Iall wlll.chodulo
loeond consldorollon ollho O/dlnanco 101 your Soplomber 3 moo ling. Also on SOPlombo, 3, wo will
Includo a ,oaolullon 01 tho Clty'l InlonllO convoy Iho lubloct rlghl.ol.way. Thl. IOloIutlon would
allo 101 a public hoarlng lor Soplomber t 7 on Iho ploposel 10 convoy lho rlghl'OI.woy. On
Soplombor t 7, loll owing Iho public hoarlng on Iho convoyanco, II Council II comlO/loblo with Iho
prleo ollorod 100Iho proPOrly, lho Council con glvo llnal conlldolOllon ollho OIdlnanco 10 vocalo Iho
rlght,ol.way ond .ublaquontly adoPI a laaolullon convoying Iho properly 10 tho Indlvlduallubmllllng
Iho mosl accoplablo ollor. ThI. leona/Ill would provonllho Clly Irom vacollng rlghl.ol.way II no
moplablO ollor II rocolvod.
Waldon Wood, Plrtl 3.7 '
I confirmod with Joyco OoLong, ProJoet Englnoor lor Ihl. propose I, Ihat Iho Ilghl dlllanco 100Iho
Rohtot RoadlCoIl Orlvo Inlollocllon IOtI.llas oSloblllhod guldollnoalor .Ighl dlltanco. Jeyco mUlaa
lhal, moasurod ogoln'l Amorlcon Association 01 Slalo Highway and TranspOltollon Olllclal.
6HTOhtondll~ In rsoellon mOOls or oxcood. guldollnoalor Ilghl dlllaneo,
Mahor Brolhor. LSNRO
ohnson-e oa lh Oopallmonl hos approvod Iho oxlltlng loplle Iyllom on Iho Mahar
Blolhora 1110 and hos ossurod ullho IYllom nood nOI bo oxpondod 10 accommodalo Iho propOlod
addlllons.
Korln Franklin will be prosonl al your mooting Ihll ovonlng 10 onswor any quoltlonl you may havo
concornlng Iho Planning & Zoning Commllllon 1I0ml on YOUI agonda,
cc: Karin Franklin
Joyco OoLong
Bob Miklo
David Schoon
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STAFF REPORT
To: Planning & ZoninG Commllllon
110m: S.9114. Mahol BIOlho11 LSNRO
Plapalod by: Oovid Schoon
Doto: July 16, 1001
GENERAL INFORMATIO~:
Appllcanl:
Mahor Blolhora Tranllor & SIOIogo
2470 S. Rlvor.ldo Dr.
Iowa Clly, IA 52240
Roquostod action:
Prollmlnary largo .eolo non.roaldontlol
davalopmont (LSNROI plan approvol.
To pormlt consllucllon 01 0 60.1001 by
120.1001 werohoulO ond 20.1001 by 24.
loot offlco oddillon.
Purposo:
Locotlon:
2470 SOUlh Rlvollldo Orlvo.
Slzo:
Exlstlno land usa ond zoning:
SUlloundlng land usa and zonIng:
Approxlmololy 2.74 ocro..
Induslllal; 1.1.
NOlth .Industllal: 1.1.
Eost . Mo.quoklo POlk & 'ndu'lllol: P and
I.
South, ROlldontlol: I. I.
WOII ' Rosldonllol: I. I.
Induslllal.
..
...,-~
Comprohonslvo Plan:
Fila data:
46.doV IImllatlon pOllod:
SPECIAL IN~ORMATION:
Publlo utllltlos:
AprU26, 1991.
JulV 18, 1991.
Tho alto I. lorvlcod bV on on'lllo .optle
IVltom ond on on-silo wolor wall.
Public aOlvlcos:
Polleo and IIro ploloctlon ora ovalloblo.
Solid WOltO dlapml provldod prlvololy.
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TlOnspOltoUon:
Tho lito II occosllblo 10 Iho nOllh and
louth via South Rlvolsldo Olivo 10 Old
Highway 218. Tlonslllorvleo II provld.
od bv Iho Word way bus roulo with a
ItOP locolod opproxlmaloly ono.llhh
mllo 10 Iho nOllh 01 thls 1110.
Tho lopogrophy Is gonlly 10 modolOlolV
Iloplng.5%.10%,
Physlcol ehaloelollsUcl:
BACKGROUND:
Tho plolonllllucturos Ollho lubloctlllO WOIO In oxlslonco prlolllt tho roqulromonl' lor a
Lnlgo Scolo Non.Rolldonllal Dovalopmanl (LSNROI plan. Wllh tho subloCI prollmlnalV LSNRO.
all oddlllonl and oxponslonl musl comply with Iho ,oqul,omontllor 0 prollmlnory LSNRO plan.
Tho oppllconl plan. 10 eonslrUCI 0 7,200 squolo loot worohouso addition oost of tho oxlltlng
wllohouso Ihllloll and D 480 squolo loot oil/co addition nOllh ef lha plosont oil/co lomollmo
ollor Iho worohouso II eomplolod.
ANALYSIS:
Whonavor 0 UIO oxlsUng prior 10 Iho olloctlvo dOlO ollho parkIng roqulramonllll onlargod 10
Iho oxlonl ollosathon 60 porconlln IIoor oroo. only Iho oddlllon er onlolgomonl must comply
wllh parking roqullomonll. Tho oddlllonolstructulOs will moko up opproxlmotoly 46% ollho
10101 floor aroo. ond IholOlolO, Iho pal kino roqulromonls opplV to only Iho addition.. Tho
oil/co addition will roqullO Iwo porklng spocos (ono par kino spoco lor ooch 200 squoro loot
01 floor eroal and Iho worohouso oddillon will roqulro IIvo parking Ipaeol (ono parking Ipaco
101 oach 1000 Iquoro 100110 0 moxlmum olllvollol 0 Iota I 01 lovon porklng .pocos. Tho
applIcant Is providing I 1 pOI king spam which would bo Iho roqulromanl' II pur kIng hod 10
bo luppllod lor Iho onUro dovolopod IIoor 0100. Tho appllconlls 01.0 providing 0 hondlcoppod
occosalblo palklng apoeo. In Iho IUluro, IIlho oddlUons and oxponslons mako up 60 porconl
01 moro ollho tOlal IIeor oroo, 011 orIginal buildings and 011 onlorgomonll must comply with 011
parkIng roqulromontl (SocUon 36.58(bIl311. At thot polnl, 011 dllvol will nood 10 bo
eonslruClod el 0 pormononl dus"'roo sUllaeo.
Tho proposod locollon ollho pOlklno oroo Is wllhln 50 1001 of on obuUlng 101 wllh 0 losldontlol
use which roqulros 'our ollowor pOlklng 'POCOs.lhololoro,lho porklno oroa mUdl bo scroonod
"om v10w within Iho lot. Tho oppllconl proposos 0 6.1001 high woodon loneo 10 aCloon Iho
parking 101 110m Iho rosldonllol usos 10 Iho wO'I. Duo 10 Iho lecollon of a drolnogo swolo
bOlwoon tho pal kIno oroo ond Iho wOSI propolly IIno, 0 solid lonco 101 .cloonlng would bo
moro opproprlolo Ihan 0 planllng .Cloon, Tho uso 01 0 solid fotlco In ploeo 01 D plontlno leroon
musl rocolvo Iho approval of Iho City ForOSlOI. Tho Cltv Foro.lor Is rovlowlng Iho plan,
Slneo Iho eonslructlon 01 an addlllonal principal bulldlno Incloaso.lho lotol IIoor oroa by moro
Ihon Ion porconl, Iho roqulromonts 01 tho Iroo logulatlons 00 Into olloet, Tho lot Ilonlogo Is
246 1001, which roqulro. olthor ono 10lgo Iroo 101 ovolY 40 leol of lei 'ronlogo, or ono 1m 011
Iroo lor ovorv 30 1001 ollollrontago. Olvon on oxlstlng uUllly oosomont and Iha Inabllltv In
Ihls Instonco 10 locoto Iloos In Iho sllOOI rlght.or.woy, Iho loeollon 01 oxlstlno troos and Iho
proposod Imolllloosls In eempllonco with Iho rlght'ol.woy tlOO roqulromonls,
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Slnco tho ollleo oddiUon con potonllally Incrooao tho usa 01 tho oxlsUng .optle IYltom, Iho
oppllconl mUlllocolvo opplovolllom tho Johnson CounlV Hoalth Oaparlmonllor Iho oxlltlng
Wlllo dl,polal Iyllom.
On. litO II00mWOI0l Il000go II nOlloqullod. RovllOd colculaUons muSI be lubmlllod 10 show
lhatlho dllch along Iho WOII prOpOlly Uno has IOO.yoal copaclly 10 Iho rlvol 01 pond.
Tho 1110 II plOlonUy nOI lorvod by II clly wOlol main. Tho FlIO Ooparlmonlll loqulrlng thaI
on odoquolo wotor 10Uleo to light litOs bo plovldod. Tho oppllconl hal onlolod Into an
agroomonl wllh Iho clly 10 harp IInonco Iho oXlonslon 01 0 wOlor main which would lolYO Iho
lubjocl dovolopmonl. Though tho walor main will nOI be oxlondod until lomoUmo Ihll loll,
Iho Lllgo Scolo Non.Rolldontlol Oovolopmonl Plan con rocolvo opploval. HOWOVOI, no
occupancy polmll will be Issuod unlillho WOtOI main oXlonslon ploloCll1 eomplolo.
STAFF RECOMMENDATION:
,
SloII rocommondllhallho roquolllO OpplOVO tho plOllmlnorv LSNRD plan 101 Mohar BIOlho11
Tlonslor & SIOIogo be dolorrod, bulthal upon IOlolutlon 01 Iho dollclonclol and dlsCIOponclol
nOlod below, Iho plan be opprovod.
DEFICIENCIES AtiD DISCREPANCI~~:
I. Plan must show corroCI odjolnlng proporty Unos on Iho oostsldo 01 tho lub)OCI Ploporty.
2. Obtain John.on Counly Hoallh OopOrlmOnl oPPloval 01 10pUe Iy.lom prior 10 Clly
Council eonsldoraUon.
3. Rovllod IIOlmwotor colculoUonllhowlng thollho dllch has I OO.yoor eopacllY mUSI bo
.ubmlllod ond opprovod by Public Works prior 10 Clly Council eonsldolOtlon.
4. Scroonlng mOlor'ols must bo oPPlovod by Iho Clly FOloslor prior 10 Clly Council
eonsldorotlon.
ATTACHMENT~:
1. Locotlon Map.
2. SilO Plan.
ACCOMPANIMENt:
1. LSNRD Plan.
Approvod by:
~ 4noWv
Monico Moon, Sonlor Plannor
Ooparlmonl 01 PlannIng and
Program Oovolopmonl
w,8114.dl
IV~7
'f'" 'f Ef tr'EI": "
Location Plan
8-9114
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City of Iowa City
MEMORANDUM
Oalo: July 25, 1991
To: Planning and Zoning Commission
From: David Schoon, AIsocIato Plannor}>6-
Ro: S.91 14 Mahor Drothors LSNRD
AIIho July 16, 1001 Planning and Zoning Commission mooting, tho Commission roquoslod
InfonnaUon on tho tlmlng ollho acquisition 01 tho wolor moln oosomonl through tho Thomas &
BOlli proporty. Tho City Walor DMslon sta~ Is prosonlly nogotlaUng lor this walor moln oasomonl
wllh roproson14l1vol 01 Thomas & Bolts, AI tho Augusl I, 1001 PlannIng and Zoning CommissIon
moollng, 11411 will ropo" on tho proorols 01 thoso nogotlotlons.
bc4.2
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Hr. TOIII Scott
Planning and Zoning
Iovo City, Iovo
-RECi'iVi'D-.
Doar Sir.
Duo to vork eommltmonts vo aro unablo to attond tho
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hoarlng on July 18th rogording tho largo ocolo dovolopmont
ot Hahor Droo, TranoCor and storago, 50 vo vould liko to
tako this opportunity to oxproso our opinlona against this
oxpansion,
No ora opposod to any oxpanaion oC tholr Cacillty bocouso
ot,tho Colloving roooons. First oC 011 thoy hovo dona
nothing to eorroet curront drolnogo probloms Crom thoir
proporty, Thoro is 0 small ditch that runs north south on
tholr proporty porallol to our drivovoy, This ditch earrios
tho vator Crom Protoin Dlondors, Rlvorsido Drivo and thoir
proporty through our proporty to 0 crook, In tho vintor
timo they block this ditch vith onov vhich rosults in our
drivevoy and lovn to bo Cloodod. In tho oummor time they
consistontly run their trucks Into the ditch crooting ruto
vhleh 0100 blocks tho vator rosultlng in ropoatod Clooding,
Thoy hovo reCuood oCtort~ by tho city, and havo done nothing
on thoir ovn to moko tho ditch dooper and moro Cunctlonablo
and koop silt Crom building up,
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On tho Douth040t eornor oC tholr proporty tho run oCC
problom ID OlDO lovoro, Thoy h4vo tho votor dlvortod In
ouch 0 Ilnnor that It hOI orodod tho bonk oC tho ditch,
Whon thll val brought to tholr Ittontlon thoy roCuood to do
anything about It, Wo thon CIllod In tho orodod or04 It our
oxponlo, but It II 0 novor ondlng problom, Thoy hlvo 0100
porkod In old glrbago truck on thlD eornor 01 voll II
.
Dovorol uood Domi-trlllorD vhlch block tho votor Clov II
voll II bolnv unllghtlY, Thooo vohlclol hovo not boon movod
Cor at looot 3 yoorl.
Loot yoor thoy cut bock 0 hodgo that VOl thoro that holpod
.
vith tho tromondouo amount oC nollo tho trucko produco: It
il my undorltonding that thoro il on ordlnoneo in rogordl to
lound blrriorl. Thoir truckl pull in thoro at 011 tlmol oC
tho night,
Thia company could 0110 quoliCy II ono oC tho trllhioot.
Wo oro eonotontly picking up largo omountl oC popor trolh,
Clnl dlacudod by thoir drlvon, plooticl Crom 1I0motovn
dairy thlt UIO thoir facility, Wo hovo hod tho city cloln
out tho dobriD Crol tho eulvort in tho ditch oneo and hovo
dono it ourlolvol numoroul timoo,
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Lal~, bu~ no~ loal~, II ~ho dua~ CrOM ~holr drlvovay,
Slnco Rlvoroldo Dr, and ~holr drlvovay 10 no~ pavod ~ho du.~
il ~roMondouo, Thoy do no oiling oC thoir drivovoy or
parking facility,
Wo hope you conlidor ~holo probloMI and dony oxpanllon
of thoir facility until ~hoy addrool tholo Ilouol,
Wo vould olIo bo willing to Ihow you tholo orool of
coneorn if you would eon~oct UI.
SincerolY,
7~~'uJ~
Haryann "onIOn
2570 So, Rivoraido Drivo
..;I/',..4tf 1/' Mfv
Tholllu "of or
. ,
2630 So, Rivorlido Dr,
.
~~.~~
Will, S. Hoollor
2650 So. Rivoroido Dr,
Il/~~.
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MAHER.MAYFLOWER
IoIAIIERBROS. TRANSFER&STORAOE./NC. I WOS. RIVERSIDE DRIVE I P,O. DOXU II0lYACITY.IA&1UO
alDI JJ1DGDO
RECiiViD
JUl Y ~4. 1<)1)\
HR. TOH SCOTT
PLANNING fiNO ZOtll/lli COIlI1ISSION
IOWA CITY. lOW"
DEAR TOH.
I HAVE JUST RECIEVEO 1l0rl0 IIIi'll OUr. ZOtllllr, r.EOUF.SI IlI'lS (1UII
DEFERRED UNTIL AUGUST I. 199\ fIIlO IIlE Rt:flSOII DElila Il"S 1'1 UTTER
FROH THREE CONCERNED CITIZENS TO OUR SOUTII. III Vlt:w OF TIm I
SfiOULD ANS\.IER THIS LETTER.
\.IHEN I FIRST DUILT OUR PRCSEtlT DUILOIllG /14 19M. DEFORE LIE
COULD DUILD \.IE HAD TO HAVE OUR flREA AmlEXED IIITO TilE CITY flllO
REZONED FROM RESIDENTIAL TO L IGttY IIlDUSTRIAL. AT TIUIT TIllE
PROTEIN BLENDERS, PEPPER lOGE FARMS, DURGER COIISTRtJCTlOII fIIj()
OURSELVES \.IERE AS FAR SOUTH AS TIlE C!TY lIEllT. HI TIiC LATER 'tEARS
THESE PEOPLE HAVE DUILT HOMES "ETI.'EEIl A TRUCKIIlG COHPfIIlY flllO A
JUNK YARD.
IN REG"RO TO TIiE DITCH RUWIIIIG tIO/IlI' M'O f.Ol/TIt Mill ACROSS
TIlE SOUTHERN DORDER EAST TO I.'E51 [lETWWI TilE PROPERTIES. HMtER
DROS. PAID IN 1969 TO ti"VE TIiIS OR"ltlM.E (lITCH PUT TIICRE IIIftI Tlfr
INTENT OF HAVING SOME Il"Y TO REMOVE SIIOIJ MID R""lUMER. .\LSO OUR
TRUCKS 00 NOT DRIVE HHO TIllS OITCIl BECAUSf II TI'IKCS ^ TO\.l IRUCK
TO GET OUT.
ALSO \.IE HAVE NEVER RF.fUSEO MIY HELP fROH TIlt CITY TO KEEP
TltlS DITCH FREE OF SILT "NO OEDRIS. III F"CI " YEAR MO HR. VCRtl
FISHER \.IHO AT TIiE TIllE 1I0l<KED FOR TIlE C 1T't CAHE 001"" \.I If II A /lACK
HOE AND CLEANED TIiE 0 ITClt OUT. \.IE \.IELCOME TIlE C If Y DACK AS IT
NEEDS IT AGAW.
\.IE ARE A MOVING AND STORAGE COIIPAtIY. WE OLD TR"ILERS (lllO
GARBAGE TRUCK ARE A SOURCE OF INCOHE TO OUR COHP"IIY "S PEOPLC PAY
US MONEY TO STORE THESE. I HOPE IHry OOtl'T HOVC FOR MIOHIER
THREE YEARS.
IN REGARD TO ntE IIEDGE \.IE CUT 001111. I P"ID FOR MID PLAllfED
THIS IlEDGE SO THERE \.IOULD DE A D"RRIER IlET\.IEEN us AND THESE
RESIDENCES BEIIlG BUILT TO THE !'OUHi. THE IIE(lG[ IIAc;. nECOMIIlG
UNRULY AND WE CUT 11 B"CK. 11 \.IILl GRO\J O"CK AND \JILL NOT DE
H"NGING OVER OUR DRIVE WAY.
WE MOVED IN 1969 FROM TIlE CORNER OF DU(ILItlOTON MlCI OIl.DEfiT
BECAUSE \.IE HAD TRUCKS COHIIlG AND GOHlG AT fILL ttOURS OF HIE DAY
AND NIGHT. PROTEIN DLEN(lERS "NO r~U"N ALSO HAVE IHIS PROOLEI1,
THAT IS \.IllY WE MOVED TO TIlE SOUHt SIDE OF TO\JN.
SOMETIMES OUR t10USEKEEPIIlG DOES Of. T e"" nUl IItlfN \.IE t1"Vr.
mm 6
MINU" "UPLOW'" WAUIlDUUM''- . "....
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MAHER.MA YFLO WER
,
MAHER BROS. TRANSFER &STORAGE, INC. / 2470 S, RlVERSIOE ORlVE I P.O. BOX 88 I IOWA CITY,IA 51240
(JIg) 33T.Q6Q4
TIME AND MAN PO~ER ~E TRY TO POLICE THE AREA.
~HEN ~E BUILT THIS IlUILDING IN 1?6? ~~ THOUGHT ~E HAD AMPLE
FIRE PROTECTION. ~E HAVE NO~ FOUND OUT THAT OUR COMPANY AND OUR
NEIGHIlORS HAVE HAD INADEQUETE WATER. IN ORDER TO GET APPROVAL TO
BUILO THIS BUILDING THE FIRE MARSHALL HAS ORDERED HIM HIE CITY
WATER BE BROUGHT ACROSS THE ROAD AT A COST TO US OF ALMOST
$2,000. THIS ~ILL tlOT ONL Y eEN~F I T US BUT ALSO OHlER PROPERTY
OWNERS ON THIS SIDE OF THE ROAD.
IF THIS DOES NOT ANSWER THOSE ISSUES CAUSING FURTHER DELAY
IN OUR BUILDING PLEASE GIVE ME A CALL.
"
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MUtlU IUHLOWI" WAIUIIOUIUUN I AlIN
AOINf rOil MAHLOWlfl1IUHllf. IHC
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RESOLUTION NO. 91-202
RESOLUTION OF INTENT TO CONVEY TO HICKORY HILL RIDGE LTD. A 10.
FOOT WIDE PORTION OF THE EXISTING 60.FOOT WIDE ACCESS EASEMENT
WITHIN THE PROPOSED HICKORV HILL RIDGE SUBDIVISION.
WHEREAS, lho 60.1001 wldo IceOIl ommonl was pulchalod In 198210 plovldo lecOllIOf
malnllnanco 01 I II00mwator mllnagomonl baaln: and
WHEREAS, lho p1opolGd Ilnal pial 01 HickOly Hill Ridgo Subdivlslon 10p/aCGIlho oxl.Ung 60.
1001 wldo acco.. GOIomonl with I 50.1001 wldo Slloolllghl-ol.woy: and
WHEREAS, ICCOlllo lho Il00mwator managomonl basin I. prOlorvod with Iho PlopolGd 60.
1001 .11001 rlghl.ol.way: ond
WHEREAS, prlOf 10 Iho approval ollho final pial lor HlckolY Hill Rldgo Subdlvlslon, Iho Clly
prOPOSOI 10 convoy 10 Iho dovolopor 01 HlckOlY Hill Rldgo Subdlvlslon I 10.1001 wldo POltlon
ollho oxllUng 60.1001 wldo OCCOII momonl which luns Iho longlh or Iho propolod NOflh
Sovonlh Avonuo rlghl'ol.way oxtonslon Ihrough Iho HlckolY Hill Rldgo Subdlvlllon; Ind
WHEREAS, HlekOfY Hill Ltd. hal ogrood 10 havo Iho Clly convoy 0 10.1001 wldo pOftlon ollho
exl.tlng 60.1001 wldo occou GIIOmOnl, tho lotol 0100 01 whlch Is doscrlbod OIlollowl:
Commonclng II tho SOUlhwol1 COInor 01 Iho NOllhwol1 Ouollor, 01 Iho
NOflhool1 Quollor, el SocUon 11, Townlhlp 79 NOllh, Rongo 6 WOlt Ollho
F1llh Prlnclpol Morldlon; lhonco S80031'13"E, 143.941001, along Iho Soulh
IIno 01 Iho NOIlhwOII QuartOl, 01 said NorlhoOSl QUO/lol; Ihonco N
51 003'41"E, 301.55 1001 to Iho PoInl or BoglMlng: Ihonco S00028'47"W,
248.631001: Ihonco S89031'13"E, 7.061001: Ihoneo N00026'47"E, 254.43
1001: Ihonco S5 1003'4 I oW, O. I 4100110 Iho Polnl 01 Boglnnlng, Sold IraCI 01
land conlalnl 0.04 OClas, moro or Iou.
Commonclno 01 Iho SoulhwDSI Cornor 01 tho NorthwolI Quartor, 01 Iho
NOIlhool1 QuaIl 01, 01 Soctlon 1 I, Township 79 NOllh, Rongo 6 WOII ollho
Flllh Principal MOlldlon; Ihonco S89031'13"E, 143.941001, along Iho Soulh
IIno 01 Iho NorthwolI Quollor, 01 aold NorthoOSl Quarlor: thonco
N5 I 003'41"E, 468,42 loot 10 Iho Point 01 Boglnnlno: Ihonco S00028'47"W,
295.541001: Ihonco S80031'13"E, 2.041001: Ihonco N0002B'47"E, 297.98
1001: Ihonco S81 003'4 I oW, 3,80 100110 Iho polnl 01 boglnnlng, Sold trocl 01
land contain. 0.02 ocrOl, mora or Iou: and
WHEREAS, Iho Clly hili no no ad 101 tho propOlly being eonsldorod lor convoyonco.
NOW, THEREFORE, BE IT RESOLVED BY THE CITV COUNCIL OF THE CITV OF IOWA CITY,
IOWA, THAT:
Tho City Council doo. horoby doclolo It I Inlonllo convoy Itllnlorost In lho obevo-doserlbod
Clty.ownod proporty 10 Hickory Hili Ltd. In consldoroUon 01 $608.
1~~8
t-f I Ef .-/ ,-,
ROIolullon No. 91.'"'
Pogo 2
II
BE IT FURTHER RESOLVED THAT:
A publlo hoollng on laId proposal be 101 lor 7:30 p,m., Soplombel 3, 190 I, Council
Cham bell, Clvlo ConlOl ond Ihollho Clly Clark be and II holoby luthorllOd, ompoworod ond
dlroetod 10 eauso Nollco 01 Public Hoarlng on lho mOIlOllot 100Ih obovo 10 be publllhod, 01
provldod by law.
It wa. moved by Mbrhco ond locondod by IIorovltl Iho ROlolullon be
adoptod, and upon roll colllholO woro:
AYES: NAYS: ABSENT:
X AmbtllCo
- -
x - Coullnoy
-
X - HOlowlu
-
X Kubby
,- -
Lallon
- - McDonald
...L- -
-1-. - Novick
PUlod and approvod Ihl. 20th doyol ,1091.
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ATTEST: k~I)./I.. {'4MJ
cimLERK
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ppdtdmlnVldhll.1I1
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RESOLUTION NO. 91-20)
RESOLUTION EXTENDING THE EXPIRATlOIl DATE FOR TIlE APPROVED
AMENDED PREUMlNARY LARGE SCALE NOll-RESIDENTIAL DEVELOPMENT
(LSNRD) PLAN FOR LOTS 2 AND 3, HIGHLANDER DEVELOPMENT FIRST
ADDrnON.
WHEREAS, Iho CIIy Council opprovod Iho amondod proumlnnty LSNRD pion lor Loll 2 and 3,
Hlghlandor Dovolopmonl FIlII MfiUon on Soplombor 10, 1089. which Is olloctlvo lor a 24.month
potlod 01 unlJl SaplombGr 19, 1991: and
WHEREAS, tho CIIy Councllls ompowlrod 10 oxtond Iho oxplratlon dato 01 laid omondod
prollmlnary LSNAD pion lOt an additional !wolvo montha upon wrlnon roquOl1 01 tho appllcanL
pursuonllo Choptor 27039 01 tho Iowa CIIy Munlclp4l Codo; and
WHEREAS, Iho City has rocolvod ouch roquosl; and
WHEREAS, no now logulaUonl portlnont 10 this dovolopmonl hovo boon adoptod Ilnco tho
Soptombor ,g, 1989, approval, and cltcumsl4ncos In tho 8l0a ollho preposod dovolopmonl alo
unchongod,
NOW, TlIEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY,
IOWA THAT:
Tho oxplroUon dalo lor approval 01 tho amondod prollmlnory Lalllo Scalo Non.RosldonUal
Dovoloprnonl plon for loIS 2 and 3, Hlghlandor Oovolopmonl Fltsl AddiUon Is horoby oxtondod
\0 Soplombor 19. 1992.
II was movod by ruhbv and socondod b) tAr.on tho RosoluUon bo
adoplod, and upon roD coli thoro woro:
AYES: NAYS: ABSENT:
X Ambriaco
x Courtnoy
^ Horowitz
l\ Kubby
X Larson
X McDonold
X Novick
Passod and opprovod this 20th day 01 .1991.
ATTESTJ1l2.u'''',,~ ,I( ./(.v.-J
ClffCLERK
ppd.dmIfM1Oh1lnd ,n
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TfW11
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R E C! I V f 0 AUG a \99\
NOnmGATE CORPORATE PARK
&OS HlglIllIld Awtnut
low. Cllr. low. 62240
FAX: PI8l337.0823
pI8l337.m$
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~tlJ. /15 ttA. da.....
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August 7, 1991
Hayor John HcDonald
and Cfty CouncIl
Cfty of lova Cfty
410 E, WashIngton
lova CIty, lova 52240
Rei Twolve IOnth oxtonlfon on Alonded Preltltnary LSNRD
Proposod Offfco recllfty
loti 2 & 3 Hfghlander Doveloplent rlrlt Addftfon
Doar John,
Pleaso accept thfl letter al Northgata Dovolopaent Company, Inc,'s (orlal
wrmen request for a twolvo-lOnth extensIon of tfn for tho ffllng of 1 flnll
lSNRD plan on tho above proJoct,
Sfneerely,
H~(,W1
Vfce Pras fdont
eel Monfca Moen
Stovo Atkfns
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(Thl. Hotle. to be po.tld)
NOTlel AND CALL 0' PUBLIC "11T1Na
Covlrna.nt.l Body I Th. City Counoll of lav. city, rova.
Oat. of XIIUnVI AUlult 20.199\
TlI. of HuUngl 7130 P.H.
Plae. of H'ltlnql Counoll Chllbarl, Clvlo Clnt.r,
410 ra.t W.lhlngton, lava C1ty, 10vI.
PUBLIC HOTICE II HEREBY OIVIN that thl above .lnt10nld
govlrnalntal bodr v111 ...t It the dati, tl.. and plael Above .It
out, Thl tlntat VI Iqanda tor .Ild .lltlng 1. I' tOllov.1
'2,340,000 E..lntlal Corporat. Purpo.. O.n.ral Ob11qatlon 80nd.,
- Pub11e h.lrlng on the i..ulno.,
- R..olut10n 1n.tituting procI.dlng. to
tlk. additional aotlon,
· R..olutlon d1rlot1ng .11.,
· RI,01ut10n author111ft9 the 1..uanc.,
SUch add1t10nal .attlr. a. Ir. I.t torth on thl add1-
tional ~, ~Ig.(.) attaoh.d h.rlto,
(n\lllbtr)
fb1. not Ie. i. Vivan at the dirlot10n of thl Hayor purlulnt
to Chaptlr 21, Coda of Iova, and tha locIl rule. ot .Iid
gov.rnm.ntal body,
~~J M~
ity Cleric, rovI C ty, lova
Ponto 'O'I"'~'
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AUQull 20
, 1991
Tho City Council of 10111 city, lOlli, .ot In r~gular
eoollon, In tho Counol1 Chlmborl, Clvlo Contort 410 Ealt
Walhln9ton, 10111 city, lOlli, at ~ o'olock ~,H" on tho abovo
doto, Thoro lIoro prGlont Hayor HcDonalj , In tho chair,
and tho tollollln9 namod Counol1 HOlborl'
~Courlney, HorowItz. KUbby, Larson,
HcDona~oYlck.
Ablont' llone.
. . . . t . t
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,'"IlK\I'I'~n I"I~ 11m. II \Illt ~~lTlIllLLftU I'l'.
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Tho Haror announeod that thll WOI tho tllo and plaeo for tho
pUbllc hoar n9 and lootln9 on tho latt.r of the l..uaneo of
$2,340,000 Gonoral Obl19atlon Bondi ln ordor to provldo fund. to
pay COltl ot tho oqulppln9 of polleo and flro dopartlontl' tho
conltruction, roeon,tructlon1 oxtonllon, llprovolont, and
oqulppln9 ot workl and faoll tlo1 uaoful for tho eolloctlon of
lowa90 and lnduatrlal walto ln a lonltary lonnor, ond for tho
eolloctlon and dllpolal of lurfoeo watorl and Itrooll and tho
rohabllltatlon and llprovolont of oxl1tln9 Clty-ownod porkl, an
ollontlal corpora to purpolo, and that notleo ot tho propolod
aotlon by tho Counoll to lnltltuto proeoodln91 tor tho llluoneo of
lald bondi, had boon publllhod purluont to tho provlllonl of
Soctlon 384.25 of tho Clty Codo of Iowa,
Tho Horor thon oakod tho Clork whothor any vrltton objoctlonl
had boon tl od by any clty rOlldont or proporty ownor to tho
llluaneo of laId bondi, Tho Clork odvlaod tho Hayor and tho
Councll that no vrltton objoetlons hod boon tllod. Tho Hayor
thon eollod for oral objoetlonl to tho laouoneo of lald bondl and
~ woro lodo. Whoroupon, tho Hayor doolorod tho tllo for
roeolvln9 oral and wrltton objoctlons to bo ololod,
(Attach horo 0 ,Iullary of objoetlons
roeolvod or lodo, It any)
-2-
IIIUR~Ol~IlI'UIILIR,II1\lt~~""',IIUl/t/f.
~'Uh"" D"~,IOM
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Tho Counoil thon conlidorod tho propolod ootion and tho
oxtlnt of objootionl theroto,
Whoreupon, Counoil "oabor ~ourtn@y introducod and
dolivorod to tho Clork tho ROlolution horoinoftor lot out .ntitlod
"RESOWl'ION INSTITUTING PROCEEDINGS TO TAXE ADDITIOIlAL ACTION FOR
TIlE ISSUANCE OF $2,340,000 GENERAL OBLIGATION BONDS", and lovodl
Wi
that tho ROlolution be adoptod,
Ci
to ADJOURN and do for aotion on tho ROlolution and
tho propolol to inotituto procoodingo for tho
illuonco or bondl to tho looting to be hold at
o'olock ___.K, on tho day of
, 1991 , at thil placo,
Counoil KOlber Amhrhrn
roll val called and the vote vaal
AYES I llidlco. Courtney. 1l0r'Ollltl, Kubby, Larsen
lecondod the lotion. Tho
HcOona IJL...I!2m.k.
NAYSI )lono.
Whereupon, tho Kayor doolarad tho 100luro duly adopted.
RES.91.204
RESOLUTION INSTITUTING PROCEEDINGS TO TAX! ADDITIONAL
ACTION FOR TilE ISSUANCE OF $2,340,000 GENERAL
OBLIGATION BONDS
~IEREAS, pursuant to notieo publishod os roquirod by lov,
this Counoil hoa hold a publio looting and hoaring upon tho
propolal to instituto proeoodings for tho iSluonco of $2,340,000
Gonoral Obligation Bondi for tho oasontial corporate purposo of
paying OOStl of tho oqulpplng of pOlioo and firo doportlonts, tho
oonstruotion, roconstruotion, oxtonslon, llprovolont, and
oqulpping of vorks and faollitiol usoful for tho collootion of
sovogo and industrial vasto in a aonitory lannor, and for tho
collootion and dilpoool of surfoco votorl and ItroolS and tho
rohobilitation and i.provo.ont of oxisting City-ovnod parkl, and
has consldorod tho oxtont of objoctiona roeoivod frol rooidontl or
proporty ovnors 01 to laid proposod issuanco of bonds, and,
accordingly tho fOllowing ootion ia nov eonoidorod to bo in tho
bost intorosts of tho City and rosidontl thoroofl
NOW, TIIEREFORE, DE IT RESOLVED BY TilE CITY COUNCIL OF TilE
CITY OF IOWA CITY, IOWA'
-3-
I/lLU\I'I.nlll'lIll1UM ""'It.~n", IUJ1l.tl'f.
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RES. 91.204
I'
Section 1, That thi. Counoil dool horoby inltituto pro.
ceedinql and tokes additional aotion for the ,ale and i.luanee in
the lanner required by law of $2,340,000 General Obliqation Bond,
for tho foroqoinq el8ential corporate purpole,
PASSED AND APPROVED thi, ~ day of AUQUlt , 1991.
~@;.u ~Q
A'I'I'ESTI
~~/~.') ~ ~M)
cloh
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\J1m.\n'ml'~.[ILI!J1mILl~mll \U,IiILI't
..nO-"....uUl CC'-"OM
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1\ rtOI rtlllZlQc TllJ!CO'ICIl 'Illll r &-1&-91 III Ml I
\ . IH.DlS lAl "I~ ra tIlllG IA
...- .
ccm lQi
31~1.'
P.05
,1
I
Thl Counoil thin con.idlrld the propolld lotion .nd thl
.xt.nt of obj.otion. th.r.to.
Wb.nupon, CounoU Htlber introduced and
delivlr.d to thl Clerl thl R..oiUtlon h,r.inaft.r .It out Intitl.d
'Rl80LUTIOH NITtTUTtNG PROCEEDING8 TO TAX! DITtONAL ACTION FOR
THI IBSUAKCI r '2,340,00~ GIKIRAL OBLIGATIO 8ONDS~, Ind loved I
-
LI
It the Re.olution be ado .d,
Ci
to OURK and d,f.r 10 on on thl R..olution and
thl opo.,l to in.t~t I proce.din;1 tor th,
i..ua ,ot bond. to e ...tin; to be h,ld It
ololook _.K on th, 1 d.y of
,1' ,.t th . plao"
l.can40d thl motion. Th,
Counoll K'lIbtr
roll va. cl11.d Ind the
AYlSI
,--
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NAYBI
RlIOLUTION NSTITUTINQ OC!EDIHG8 TO TAXI ADDITIONAL
ACTION PO Tnl ISSUANCE '2,340,000 GENERAL
OBLIOATI DOND8
WRER!A8, pur ulnt to notice pub .hld al r.quir.d by law,
thl. Counoil hi' .ld I pub1io .,etln and hearing upon thl
propo.al to in. tut. proal.ding. tor h. il.uanee ot $2,340,000
G.n.ral Obligat on Bon4. tor th, ....n 11 corporat. purpo.. ot
plying co.t. 0 thl 'quipping of police and tire d'partlentl' th,
conltruotion, .eon.truatlon1 Ixt.n.ionl ilprov.mlnt, and
lquipping ot orkl and raoil ti.. UI.tu or thl oOll.ction ot
..v.g. and i du.trial wa.tl in a lanitary ann.r, and tor th,
coll.otion . d di,polal ot lurtaee wat.rl ~.tream. and tho
rehlb11ita\ion and ilprovlm,nt ot Ixilting lty-own.d plrk., and
hll oon.id~r'd thl extlnt ot objlotlonl riCO v.d trol r..idlntl or
prop.rty 9vnlr. a. to .a1d propc..d i.luane. t bondi' Ind,
accordingly the tOllowing lotion i. now con.1d'rld to b. in the
be.t int.r'lt. ot thl eity and rl.ld.nt. th.rlofl
,
NOH, THEREFOR!, BI IT RESOLVED BY THE CITY COUNen. 0' '1'Il!
CITY or IOWA CITY, IOWA I
-3-
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w'1II\I'lJCl\lY, ~lf"'ILIH, H.\mL'~IT" I ,IUilL r.r.
n I Cf -/ e
1l(V. rm!JlOll TUlCCPIEll '1011 I O-'$-" 'II~ I
MtRS ~ rl~ [t5 "mo IA
CCITY 0:1.
319~" 6
P.06
I'
slotion 1. Th.t thi. Counoil do.. hlr by in.titut. pro-
c.edingl and takll additional aotion tor t .,1, and i..uane. in
the aannlr r. ired by law ot '2,340,000 0 n.rai Ob119atlon Bond.
for the torl9 ing ..I.ntlal oorporat. pur .1.
'AUID APPROVED thil _ day , UIl,
Anll!.
Citrlt
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I~ IN lfl/NaIcf1bt4ClIIIIH( lIII4t'~I.1wIItluIfU IOH plliJlOIN /odJmc(tIw W /I NlwWIb1t iii
VW "'"""'fa ,,4m} Wmw l01I M'II"~ /IIbf<<f 10 WliWI_1I tltlCiibt4l1114t, 'TlIl E:Ii"'fdat., ""'iii
Rallnl' ( Moody'.)
$2,340,000
Grnrral Obllgallon Bondi
City or lown Clty,lown
BOllI!I D.lt'd, Sc~lCmbell, 1991
MlnllDWI Did, S2,321,2!O
Prlodpal Due 111lle I, I99J.2002
CoodF.IiIlDcpollll ~
The DondJ lIe llIucd punUJallO Cll.IplCl 3M of the Code of Iowa, f011llc purpose of Provldlnl fuDeII fOI
\11101lS Imp/O\~mcelS In IIIc Oly, The Bondi Ire acnml obllptJolll of the C11y for "bleb lIS tuo flllll, CRdll
Ind unllmfted lI1UI, JlO'A~n lIe pledacd.
Doadllllllurlnl June 1,2(0) led thcrclClcI YIilJ be IUbJect 10 pllol Icdcmpllon 1111I0 optJon ollllc ClIy OD
lunc I, 1999 lad oa laylnlClCllpa)1llCaldl1e thCICIOclllI pllce of pal Ind ICtf1Icd IntcrClL
Thc Dondl YIilJ be llIucd u Cully IcJhlCrcd Doadl '"thoul coupolllud, "bca llIucd, "1U be ICllstered In IlIc
Dlmc of Ceda A Co. u aornlJice of Iha DeJlOlllOry TrIlSI Compaey, New York, New York ('DTc-). DTC
"ill Ict u 1<<U1111cI dc~llOryof Ihe Doeds. IndMdual pUlChllClllllY be IIllda In book cnllY fOIlll on~,1n
Ihc prlndpallmounl of SS,lXXllnd Intellll mulllplcllhclcot Purc/wcn YIilJ eOllcecho ecnl/lcilc1
IcrrmnlJnllhclr Inlcrcllln tile Dondl pUltlwcd. Pllnelpallnd InlcICI~ pa)1blc semlmlllllyoa C1cb lunc
I lad December I, beJfnaln,lunc I, 1m, ,,1U be p.lkllo DTe, ",bleb "ill In IUla rClllllluch prlDelpallnd
InICIClIIO III panldplDlS fOllubsequcnl dbpcrullO Ihc bencllclal mcn of lIlc Dondl u described bClcln.
Thc Doedl YIilJ IIlllurc on June IIn lIIc )tIn Ind ImounlS u folkM:
lala'lll leltnll
1m WunJ ~ XIsIC 1m WunJ ~ X1dj
I99J S240,lXXl -" -" 1998 SW,lXXl -" -"
1m 250,lXXl -" -" 1999 W,lXXl -" -"
199$ 250,lXXl -" -" 2lXXl W,lXXl -" -"
1996 250,lXXl -" -" 2001 W,lXXl -" -"
1997 W,lXXl -" -" 2002 W,lXXl -" -"
U:OAI.OPINION: AIllen, Cooncy, Dol\l1:l1e1, Hlynle, Smllll A Allbcc, P.c., Des
Molncs, Iowa.
BANK QUAUnEDI The Dondlllc 'QuaUllcd Tu.l!lcmpl ObIl'llIoM'
BIDS RECt:lvt:D UNTlLI TIlCldly,Auwl20,I99I@l2;ooNoon,c.T.
O~ ohha nlnce Dlrcctol
CMc Cenlcl,lowa Clly,lowa
,
''I
.
BIDS CONSlDt:RED, TIlCldIY, AUIllS12O, 1991 @7:3OP.M,
Thc dlte olthb OlllclalSlItcrncnl b AUIIlSI6, 1991.
,
InlCIC11 IltCI, IcorrClln1 )'lckll 01 rrka Ind 1IIInp ,"0 ba sel fOlth In thc Plnll OrrJclal SlIlcmcnl
doolbcd bCIC n.
mils COVF.~GE PAGE CONTAINS CERTAIN INFORMA770N FOR OUlCK REFERENCE ONLY. IT
IS NOT A SUM CARr OF 77I1S ISSUE. INVESTORS MUST READ 771E EN77RE OFFICIAL STATEMENT
TO OBTAIN NFORACATlON ESSENTIAL TO 771E ACAK/NG OF AN INFORAIED INl'ESTMENT
DECISION.}
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1\c IAlo/1llllloa ICIIoN bclCIa Iw bm oblllAcd Irolll\be CIIJ IDd o\bellOurcca'bkb arc beUc\cd 10 be
rcllable, bul II II 10110 be CllAllnlCd 1I I rcplClCalllloa by \be F\aladal MllIor 01 UadC,..tllClI. 1\c
1AIo/1llllloa IDd CJPICj&IoIll 0/ oplAloa wrclA Irc IUbJect 10 cuaIC 'llbovl aolkc, IDd acltbcl\be dcUlcry
01 "II 0IIIdl1 SlIlclllCal OllM F\lUI 0IIIdl1 SlIlClIlCal 101 lay &.lie aude \be,ClIlcIIUII, uader lay
drtullllllacu, milt lay II/IplkJlloa WI dlcle ..... beca 10 (bI.p IA lIlI.lrllr1 olllll CIIJ or III lay olhcl
IAlona.Illoa COllIlIAcd bclCIi, IIaalIlle dlle bcrcot.
IN CONHl!cnON wrm 111B OFAlRlNO OFl1lB DONDS AND N011!S. Till! UNDI!RWRITIlRS
tolAY OVI!R-AU.OT OR n~'FI!cr 'lRANSAcnONS WlIIClI STADIUm OR toWNTAlN 111B
tolARKllT PRlC8 OF 111B BONDS AND Nams AT A UlVllL AII0Vlll1IAT WlIIClI tollOl1T
O11IIlRWlSB PRBVAlL IN11IB OPIlII MARKBT. SUClI STADIU7JNO,IP COMMIlNC8D, tolAY DB
DISCOImNunD AT ANY nMB.
~
lal/Odualoa 10 IIIe 0IIIdl1 SlIlClIlCll
OciaIplloa GIllie ScMiIlca
AullMlIiulloa GIllie Bow
Pu/polCl 01 IIIe Bow
9Plloaal RedClllplloa
SCC1IIIly
Dook.l!auy 0DJr S)1lClIl
Rallaet
Tu IIlplloo
Udplloa
CIoWII OocvIIlCall
CcnUICIlloa
LcpltolallCn
no bluer
Ocac/lllalo/1llllloa
OlpaltJlloa
Ilcoaollllc lad DelllOlllpblc lalo/1llllloa
DclllOlllpblc SlIliIllci
Buslacu aa4ladlllUY,
Rella Salca IDd B\I)1IIIIIlCOlIlO
CollltnKlloa
PIaIadalSulIlIlIty
ladeblCdaw
Ocac/ll ObUplloa Loal.Tcna Debl
Rmaue Debl
Olhcr ColllllllllllCall
PIllute PIaIaclal
DebllJlllllalloa
lMrlapplal Debl
PIaIadallalo/1lllllo~
PIaIadal Reporu
IWullIolOpC/llloa
CUb ladllMlllllCa"
ProPCI17 VllualloDl.ad Tascl
ProPCI17 V.luallolll1D4 Tll Collcctlla PlOCtdurCl
ProPCI17 Tu LcvlcI.ad Coll<<llolll
fuCa Pel SI,ooloITwblo V.lue
Prladpal TupI~n
toI,,"lIaacous
Appcadll A, PIaIadal SlIlClIlCall
Appcadll 0 . Fona 01 Lcpl9PlAloa
Ap~adll C' Te/1lll 01 O!IcllIi.
Worbbccl
DIdFo/1lll
1m
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3
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3
3
3
5
5
6
6
6
7
7
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9
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10
II
12
13
13
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IS
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16
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17
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i w.".. (tJv' ~""'.b'II<<M'f'!lOkt="'lUllf. AhltA II~J'" ,NiIf'1t,
I: if/milt' IOrN/MIfitw/JtJ ~",.-."'1AlI 0f1lt SWUIfllIll, WWilttJv~/lJitj'NIfIG
IuUCI: Cily DC Iowa City, 101\1
!
I PrincipII Amount: S2,34O.ooo
f. Denomlnallons: $5,000 OllnlC&lal muhlplca thercor.
Olte or WUC: Scplcmbell,I99I,
Intcrcst Paymenl: Intclcst ~a)'lble June I and December I, commcndn,
June 1,1 I
Ii MltUllty: The Bond. mltuleJune I orlhc)'Can 1993 Ihrou,h 2001 I
Opllonll Redemption: The Bond. maturln. June I, 2lXXl and IhelClncl I/C I
II ledccmable p'1101 10 thclr IlalC:d dale 01 mllullty, It the 1
11 , ,
opllon or Ihe Cllr, on June I, 1999 or on In" Inlc/CIt ~I~nl f
If dale IherClnCl, n whole or In pin, In mu Ilplca or,. II
f par.
~:
POlm: Tho Bonda will be blued In Cully rc.blercd ronn only Ind
~I Inlllallto will be In book-c:nl~ Conn only. The Depository
Tnut mp,nb New YOI~ ow Yorle Will Icl U ICCIIrlllci
dCflO!llory. ndcr celli n condlllo/ll 1~1lcd In the
.,.-,----,.._-..-, -- Resolution Ihe ClIY mlY Illu option blue cerllllclted Bonda
~f In lC,bteled Corm. -_.-.-_.._.--..
'.C
(I' PI)in. ^acnt: While In boole.enlry rOlmAia)'nlenl will be mlde by lhe Clly
Conlrollcr u PI~n. cnl 10 The DeP<!'IIO!y TruSt
Complny. Said ~Y.I!lCnl will be dblrlbuled 10 tho IICncllclal
\~ OwncR U dCKn a herein.
Security: The Bond. are ~ncrll OO\l&allo/ll or Iho City 01 Iowa City,
and lhe Cull ral ,credll Ina lllln, G:'Cr or lhe Clly Ire
I InC\'OClbly plcdacd 10 Ihe pl)1nCnl oC he Bondi.
AUlhorlly COlwuancc: Tho Bond. Ire blucd by lho Cily undcr IUlhorlty ,'Inled by
!
\ Chaplcr J8.I or tho Code or Iowa.
I
; The proceed. or the Bonda "ill be wed to pay the coal or the
Purpose:
I Clty'II99I/92 capilallmprovcmcnl pro&rlm.
Dlddln& Rcqullcmenu: Dldl must be Cor all or nono Ind II not leu Ihan 99.21 oC f1ar
value. DId. must be Iccomplnlcd blo I bid dc~ltln ho
Imount or S4611lOO. The oward will mlde I JO\\'CSI nct
InlclCSI coal (N C).
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Tu I!.u:mpllon:
In lhe opinion of Dond Counsel. undel obllnl I~w Ind
condlllonCd on the 01y'1 compl)inl \lilh cclllln COI'Cn~nU
dcsclibcd heldn. Inlelal on I~e IJijndl b nollncludlbk In
lllllllncome fOI fedellllncome lu rUI~ Ind II nol In
Ilem oltu plefelencc fOI PUlposc:l 0 the fc:delll.helnlln'C
minImum lu Imposed 011 Ind/lidulb .1Id fO!pOlIllollJ.
PrOlpccll\'C furc~mn of ,he bondl lhould lie l\lllC,
hoIlC\'Cr, Ihl OIInenhlp of Ihe Donds may rauh In ,he
denlll ollcduellon of celllln dedUCllonilnd Ihll fOI celllln
Investon Inlelal on Ihe Donds mlY be lub/CCI 10 cerllln
fedellllues or mlY be liken Inlo Iccounl n delermlnlnl
ImounU lubjccl 10 federll Income In See: "1ii
I!.u:mpllon' helcln. Inletal on Ihe Donds b nol c.n:mpl from
Sllle of Iowa Income In
The 1e,II opinion of Alllen, Cooney, DoNelIer, III)nk,
Smllh 61 Allbee, P.c., Dca MolnCl, 10111 \lilh rapccllo lhe
validity of the Donds \\ill be mlde IVIlllblc 10 Ihe purchucl
II dosln"
Le'IIOplnlon:
711, ()ffIcIiIJ SId/tmtAI II III a form dttmtJ /III1ll /11 of III dalt fill pIItpOJtl of S<<urltltlllllJ b/h/llttf
CClfIIIIilulat 1M' lStU2/bl(1) (rill 'Rult'A bUI II IlIblttl 10 minor mUlon Of IlItlmJmtAl In
IItttIt1Idlltt M'/Ih rill IMt. Not 141t' rII/l1t /tl'fll bullntll dGY' f.itI, rill ,..'11III of /hI Botuh, rill CIty
IItallfMiJI /cpUl of rill Flnlll 0flIt1lll SId/tmtll4 /11 rIId1 rllm II uliJ In rill Rul"10 /h,.. J\/GHt Of
rII, lI<<W. 7111 FIIIill 0fT/t1lll SId/tmtlll Mill bl rill 0fT/t1lll SId//mtAr dd/tJ M,1~ 1.101, IlItJ /lit
oddtMum M'hkh III/hldtl rill /lldlljrlry daltlllltJ 1lItl000AI.\ Inlmll NItIIlItJ rte{ftrln, )ulJl IIIprlw,
mdll~rfn(!o IlItJ 1/IIf000ttlllfCJmllllliln 1!'l1J./mI bylolw. My IlIlh Cl4Jtllllum lIla/4 011 III d{ltt/hlddll
lllmof, b, JlI/Jj lIIeOlJ1Olllltd iii 11I1 Flnlll CJflItIlll SId/em,", by trfm/1.
711, ,.trluutt Mill bl llIPP//tJ Mith Flnlll 0fT/t1lll Sldltm'All1n a qu/lltr/ly IlIlfkltAr 10 mttl III ftl/IIIII.
Up 10 IOOtopltl ofllll fliIlll 0fIk1lll SId//mIAl Mill blfumlJlttJ MtihOllr COlt.
QueallollJ reprdlllllbe Bonds or 1110 0IIIcIa1 SlIlemenl can be directed 10 and Iddlllollll COplcl of Ibe
Ollldll SIIICmcnl, lIIe CllY'lludllCd I\nInclalleporu Ind the RcaolulJon(11 IIIIl be oblllrlcd 'rom l!\ulCn
Dod&e,Inc., m Soulb Nlnlb Slice I, SullO 3800; Minneapolis MlnnclOlI 5~1, /612/3J1.J535l. Ibe ClIl'a
IInuclalldWor,or Ibe ClIy's FInance DlreClOI,41D l!ul Wub~llOn SIICCI,IOlI1 Ory,IO'Al m-lO (3191Jl9.
5052).
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DESCRlmON OF TIlE SECURITIES
1
Aurhori:JlllolI
The Dondllnd NOICllre blucd punuJnllO lIle IUlhorlry 01 Ch.IplC/ 3M ollhe 10\11 Code.
i
!
Purposu/lh, Bollds
The Dondllrc lIIued 10 Iltuncc I polllon o/lhe COIl o/lhe CIly'II99I,92 ClpltallmplOltmenl Pro&ram.
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Dondlll\1lurln& Inel June 1,1999, II\1Y be QUed /ur Icdcmpllon by the Clry Ind p.ild be/ole II\1lurlry on IhJl
dlle ollny InItICJI poI)mcnl dlle lhcleallcl.1n ..bole olin poll\' In 1n\'\:RC oldel 0/ malurlry Ind ..ilhln In
annualll\1lU1lry by kil by &Mn& lhllry da),' nollcc ollcdcmpl~n by IC&blCred mlU.1O the le,blcrcd owner 0/
lhe Dond. The lelms o(redempllon IhJU be pal, plllllmued Inlelclllo dale 0/ call.
SlCUrlty
The Donoll..iU be &tneral obUpllons 01 Ihe Clry /ol..hleh 11I/uU /altb and credlllnd unUmllCd Lllln& pDII'\:n
lIe plcd&td,
nOOK.ENTRY ONLY SYSTEM
The Dcpolllol)' TrIIII Company ('DTe'), New York, New York, VIiII ItI U KCUllllcs depOlllory lor lbe
Dond.. The Dondl"iU be hiued u one (ully le&blered obll&allon 101 each malutllY U Jel/onb on lhe COI'\:l
p.l1C bereo/, eacb In Ihe I"reple prlndp.illmounl o/Iueb malullry,ln lhe name oT Cede'" Co., U nominee
o/UTe. DYC II a IImlled'pul~ trllll comlllny orpnl1cd undellbe Li.., or tbe SLale 0/ New YOlk, a
membel o/Ibe Pederal RCJCM S),lem, I 'dulln& corpollllon' Voilhln lbe meanln. o/lIle New YOlk
Unltorm Commucbl Code,lnd I 'deartn& l&tntt le,lIlered punuanllO lIle prOl'blo1lS 0/ Sctllon 17A 0/
lbe Sccurltlcsllnhan,e Act 0/19~, U Imended, DYC was crealed 10 bold ICCUIItIcs or III pallldpolnts (Ihe
'Plnldpanll')lnd lo/ullltale the clearance Ind lCulcmenl O/ICCUIItIeS tral\llcllolIS Imon& Plrlldpanllln
lueb ICCUIItIcJ IbIOU&h elccI/onlc book.cnll)' ebln&CIIn Iccounts o/Ibe PlllldplDts,lheleby ellmlnalln& Ihe
need /01 pb)11a1 mOl'\:menl o/lCcurlllel ccnlllcalel.
Plnldpanlllndude ICcurlllcJ bloken and dellen, blnks, 1111I1 companlcJ, dcarln& corporlllons Ind a:rtaln
olber olpnlnllons, IOme 0/ ",bom (Ind/Or Ihelr leplelCntalMs) own DYe. Aca:1I1O the DYC S)1lem II
1110 1\111able 10 olhe/llueh II bln\:J. bloken, dellen Ind 1111I1 companlcstblt elclllblOU,b 01 mllntaln I
CUllOdblleLlllonsblp ..llh I PI/llclp.in\, either dl1e(\~ ollndl1ecl~,
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CMlenhlp lnlerelllln Ihe Dondl mlY be PUICbllCd by ollhlOU,b Plnldpanll, Sueb Plnldplnll Ind Ihe
penons /UI v.bom Ihey Icqulle InlelCJlln Ibe Dondl U nomlnm \\ill nOlleed\'\: ccnlllcalCd Donds, bUl eacb
lueb Plnldpanlllill recch'\: I credll babna: In Ibe recoldl 0/ DYC In lhe Imounl o/Iueb Plrlldpant's
Inlelell In Ihe Dondl, "'bleb \\111 be connlmed In Icrordlncc llilb DYC'I 11Indlld PIOCCdUICl. When
le/elenceb mlde bereln 10 Iny col\ICnllrom 01 dlretllon by lbe Dond holden olllcnelldJl ONnen, lueb
le/elencc Ibln only r,ble 10 thOle pclmllled 10 lei (by llalule, le&ubllon 01 olherwlse) on bcball or
Dcnencbl Ot\nen (UI lueb PUll'OlCt POllbe pUlpole o/Ihll O/Ilcbl Slalemenl, Ihe lerm 'Denelld.tl Ot\nel'
Includel tbc penon lor IIhk111 Plnldpanllcqul1cl In Inleleltln lhe Dondt
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11lc ClI)', u lon, u I book<nllY"'n~ mcl!lool II ~I(d IUllhe IIondl. _UIlCnd lny IIOIIce 01 ledemplJon 01
Olhel bondboWu 1lO11cc0n~ lO DTe. Ealb lucb rrnon IOI_hkb I P.uldllolnl MI 1ft 1n1C1rI1 III 1M IIondl.
IlllOmlnee, IlI1Y dulle 10 aule Imnrrmcnu _lib lucb P.uldllolnllO M\C ,U nolllel ollcdemplJon 01 olhel
Cllmm~nkallolll 01 lbc 01)' to DTC, WI auy .n<<l lucb rrnon. to be IOrtIJl~l~ 11\ 'lllln, bYlucb
1'.uk/1loI11 Ind 10 b.lIC 101i/lcalkll IIUde 01 .U IAlCltll lloI)mmu. N1Y (AUurc 01 Ole 10 Idlilc .n)'
Plnldlloll" 0110 IOIIty Ibr Dcaclldll o.lm. ol'll1lucb IOIIcc .nd lu runlml 01 eUm _IU IlOI .lJcCllhc
I1IJJIli 1lI.lIIIkkacy 01 Ibr p/llludillp rdllln,lO IIle ledempllon ollhe Dond. called rOlledempllon ol.ny
olller'cOOn prcmbed ollucb nooo. TIlB CITY "'1LL I/A VB NO RllSPONSlDlUTY OR ODUOAnON
TO SUCH PARnClPANTS OR nle PI!JUOSS FOR "'110M mnv Acr AS NOMINnES Wlnl
RI!SPl!cr TO PROVlDINO NOTICB TO SUClI PARnClPANTS OR nm PURSONS FOR WlIIClI
mnv Acr t.S NOMINU/!S.
I'D1/fIlnl
ore 1liIIrt<C1I1lIlol)1llClli 110lD the CII)' Olnuolkr II PI)in, ^&Cnt Ind Relbl/lJ rpl)in, Altnl' .nd
'Repl/1r'). to be lellllllcd by OTCIO IIlc PlnldllollU lOII~blCqucnl dbb~ncmcnllO Ibe Dcncllcbl Otllle/l.
11lc Oll1ICnblp InlCltJl 01 mil DcIlCIlcbI OtlllCl In the Doll41 _ill be leCllI~cd 01 llIe rCCllld. ollhe
Plllldr"u ..bote OVollCnblp InlClf'li ,.;u be 1<<OIdcd on I Cllmr~lClllrd book<nIlYI),lCm orrllled by
OTC.
TlllIIlcr 01 acdllln, 01 Ihc .ppllable prlAdJII~ InlCltJl olledempllon plcmlum p.I)ll1mU 10 P1nldllolnli Is
IIle letpollllbWI)' orDTe, .114 to DcllClldll o.llCn olthelt IIOmfn:elllle ItJpollllliUlIy olllle PlnlClpnu.
mnan CANNOT AND OOmNOTOIVB ~V ASSURANCI!SmATDTc, DfC PARnClPANTS
OR O11II!RS WILL DISTRlDlTTIl TO DIlNI!F1ClAL OWNI!RS PA VMI!NTS OP DI!DT SI!RVlCB ON
nIB DONDS PAID TO DTC OR ITS NOMINI!B AS nm RI!Ol5Tl!RI!D OWNUR 01' nm DOND~I
OR TIIATTIIBV WILL DO SO ON A nMI!1.V 1lAS1S, OR TIIAT DTC WlLLSDRVlCB ~D ACf IN
mn t.I~NnR DI!SCRIDI!D IN TillS OFFlClAL Sf A11!MI!NT,
Cort/lnn4l10lll
Dcnclldal Owacn YriII Icech1l "'~kD COllltaulJoIII 01 thelt p~ldl'lCl rrom Ibe Plllldllolllli dellUln,lbe
lCl1IlI ollbc Bondi 'cquked. Tnlllren olOVollCnblp InlerUli In tile Bondi _U1 be Il'compUlhed by book
callies DIIde by ore 1M tile r.nkll\lau _be la 01 beb.lll olllle Dcnclldal 0.11111. Ocacl1cl.ll 0.1Icn_1II
nollceclle cclllllcalCllCprCIC~llIlllhelt OlIllCnblp InlelclllA lbc Bon4a, c.utpllll~dIIcIUy provklcd In
lbc RcIoIulJon IdOPlCd byllle C11y OlulldI ..lib 1UrrCllO Ihe '~lholwlJon allbe Bon4~ InlerCl1 1n4
p,Ind~I..1II be pali! ..hu dllO by 1110 al)' to OTC, tMn paW by DTC 10 Ilia Plllldpanllllld Ihcluhrr paid
by lbc Plnldpanllto Ilia DcIlCIldaI 0\I1lCn.
DUCOlltllll/DII" of DTC S,wIct, alld tA, /IIUDII" of Rtp/oCtml/lt BOllw
ore auy delCrmlM 10 dilcolllnuc NO\1dIn,lli ICMl'O ..llh rtJP<<l1O Ihe Bondllllnr lime by ,Mil' nOllce
to lbc Cll)' 1114 dbcb.lrlill, lu rclpollllbllilka ..llh rcsrrCllbmlO ullder 'prllClblc lAw, Under luch
drCUllllllnccJ, Bond cclilllCale. ('Kcrbecmcnt BondI') arc rcq~lIed 10 be dclllcred u dClCflbcd IIIlhe
RcIoIulJon unlcu . IIKttUOllCCIllllks depolllOry iIlCkClCd, The Dcnelldal o.lIell, ~poll lC,blllllon or
ccn1llcalC' heW IIItlla Dcncl1cl.ll 011111'1 1IJ1IlC, _ID beCllme IIIe rc,blelcd 0V0llCI ollhe Rcpllecmcnl Bolld..
IllClett on the Repl.lecmul Bolld~ _bel dllO Ind pa)1ble, ..IU be paid by chelk 01 dllh milled bylhe 01)'
10 lbc Ic,blercd OVollCn II Ihcy IPr<" on llle bool.i 01 Ihe Rc,bllll on Ibe clolc orbllllncu on the RCCllld
DIIO (II bcrclna/lcl dc/lllCd~
Tho ClI)' may dClelmlno IlIat CllnllnullJon oltM I),tem or book<nllY IIll11rClIlhlOulh OTC (01 I IUCCCUOI
ICCUIItICI dCpoIllOry) Is 1101 In the bcnllllelClU or Ilia Dcllellclal OtlllC/l. In mh Cltll~ Repllecmcnl Dond.
..111 be dclllclcd II ifunlbcd In 1M Ruolulloa.
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No 1I11111er or elth.1n,c 01 Iny RcpLl"mcnl DoDd IIuD be Icqulrcd 10 be made (I) IIleI tile RCQlr~ D~IC
-lib ICSpeellO Iny InICICSI pa)1ncnl due 01 IIIe nc'IIUCtttdln, InlClcll pa)lIICnl dllC. 01 (U) Incllbe Rcrold
DIIC -lib ICSpcC110 any Icdcmpllol ollucll Rcpba:lllfll BoIIdJ. 'ReCllld DIIC' DlClllllhc ISlb day 01 tbe
monlb Mil plca:dln, lucb InlCltll pa)lIlCnl dlle ollhe ISIIl day nCIl plmdln, I dalC 01 malltn, DOIIce 01
Icdcmpl/on, llllelbcr or DOl' /f,uLlr bUltnaa day olllle o.llld Re,blll'. TIle Cfly Ih.1D 1101 be lequlrcd 10
Ic,blCllbo IrIllllcn 01 01 elth.1nr. Iny Replacemenl Dollds ICl<<Icd 101 rNempllon In 'bole or In pan.
ela:pllbe unlcdcemed po/llon 0 I Rcplaa:lllfnl DoDd beln, redcemed III pall. FoI Cltry IIlmler IDd
eltbJn,c 0/ 11I0 RepLla:menl DoDdl,tbc DoDd Rc&llUllmaywl,c \be Dcnclfdal OoI1Iclllum lulIldcnllO
CIlItllny IU 01 olllel ptlnmenlll dlar,c WIIlllY be ImpOlN In IcLlllo1 lbclelO.
RAl1NG
AllIIn, IcvIcw Iw been lequcslCd 110m MOOIIf'llnltllOn $cMca, IDe. rOI tIlo Bolldl. Alliin, It lubl<<1lO
11llbdllWlI II any tlmei 11ltlidllllll or I 111ln, NY b.I\t II IdltM clrcel on 1110 markellbl1ll)' 0/ lbe Dond!.
f'Ol In CJplaft1IJoI or Ibe I'JIlIlla"" or lbc Illlli.. In In\alOllbould CllmmunltalC 1l111l1bc 111ln'llCnt}.
The 01)' WI blued bondl on Dea:mbell, 19'.Il. TIle oUllllndln, ,cnelll obUpllon bon~1 or tile ell)' IIC
Cllllenlly IIlCd 'Au' by Moody'l.
TAX EXEMPTION
0mmI: II \be opinion o/bolld COUIIIC~ wumln. conllnuln, compUancc 11llb a:ruln CIlItlllnll made by lbo
IUuCr;TnICICSI 01 Ibe Bondi (I) b eldilded /Iom IlOIllnalme lor redcrallncome IU pUlpolC'IDd (b) II nol
In IlCm or IU pre/elcna: ror PUlpolCt or lbo IclfellllllClllllllc minimum IU Imposed on In4Mduab Ind
COlpollllom; lioIIt\tl, _lib ICSpeel 10 COfJlOllllolII, lucb InICICSI It IIkcn InIO lCalunl In dClClmlnln,
IdJUllCd Cllnenl Cl/nlftp rOI IIlc pUlpose or compulln.lbo IIICIIIIIJIC minimum IU Imposed on lucb
COlpollllolll.
PlOIpeClllc purclwcn o/Ibo Dondl lbould be lwale 1b.l1 (Q $cellon 26S or tIlo InlC/IIIl Rncnuc Colle 0/
1986 (Ibe 'COdo'), denlc'l deduction ror InICICII on IndeblCaneu inClIned 01 conllnued 10 purclwc or CIII)'
tbe DOnd. 01, III Ibe l1JC 0/ I /lnancllllAtlllullo... llul po/llon 0/ I boldel't InICICSI elpcl\lC IlIoalcd to
Inlele.1 on lbe Bondi ($ce 'QuaUl1cd Tu.l!lcmpl ObUpllolll') (ll) 11111I relpeellO lAtullllCO com~n,"
IUbJcellO Ibe IU Im~d by Secllon 1310/ lhe COde, ror lWblc )'Cln be,lnnlnfllllel Decembel 31, 1986,
$cellon 132(b)(5)(D}(Q rcdua:s tbe dcduellon ror loll rcscl\a by 15 pela:nl 0 tile .um 0/ "'11m IIcllll,
Includln, Inlelcsl on Ihe Dondl, (Ill) ror lWble )tln be,mnln, Iller Dea:mbel 31, 1986, and berole JlnllJl)'
I, 1m, Inlelcsl on Ibe Dond. CIIned by IOmc corpollllolll could be IUbJcCllO lIIe enmonmcnlll IU
ImpOlCd by $cellon 59A 0/ tbe Codc, (Iv) ror lIUblc )tln be,lnnln, IIleI Dea:mbel 31, 1986, Inlclcsl on Ille
Bond. ellned by a:11l1n /olcl,n COlpollllolll dolri, bllJlncu In Ibe Unllcd SlIle. could be lubJcct 10 I
bllncb plOnll IU ImJlOlCd by $cellon Il3l 0/ lbe Code, (v) pw/vc Inltllmenllncome Includln, Inlcrcsl on Ibo
Bond. , may be lubJcel 10 /edellllncomo \.Illtlan undel $cellon 1375 0/ Ibe Code ror SubcllaplCl S
COlpollllollllhll h.1\C Subch.1plel C CIInlnp lnd ploRlIII Ihe clolo or Ihe lWble )'Carll nUlIe lh.1n 2510/
Ibe ,rOlllca:/pll 0/ mb Subcb1pler S corporlllon b !'Wilt Inltllmcnllncome Ind (1'1) Seellon 86 or Ibe
Code rcqulrc. Icclpfcnll or a:ruln Sorbl SemiI)' Ind a:ILlIn RiIlrD.ld Relllemenl bene nil 10 uke InlO
IctIlunllil delelmlriln, ,rOlllnrome, le"'plS or lmulb 0/ Inlerc.1 on Iho Dondl.
Oullll1cd Tn.Rumpl OIII1,IIIoM: The Illuer ,U1 dellanlle Ihe Dondl U QVllll1cd L1'~'Cl1lpl obllpllonL
A IJlCdllrulo b pllll'ldcd undcl Seellon 265(6)(5) pUlluanl10 llbkb Iny _qualJ/fcd IU-clcmpl obllalllon
Icqulred by Il\nlndlllllllllullon b IICllcd u U l"lulicd brrole AU'UlI7, 1986, pelmlllln, I dclfuellon 10180
pera:nl or Ihll polllon or lucb nnandlllftllllullon',lnlcrell cxpel\lO ll/ocable 10 lnlelell on Ihe Bond. ,
QUllll1cd IU~lempl ObU,11101II ror Ihlt PUlplm Include Iny bond ~hkh (I) It nOli plMIO lelMI)' bond,l'
denned In Ibe IU-clcmpl bond plOlU101ll 0/ Iho Code, Ind (2) It dCl'fnllCd by Ibe IUUCIIII qUIUllcd IU.
exempl obll,ll/on Ind prlll'lded Ihll nOI more Ibln SID million 0 IUlcple 'OI'Clnmcnlll 01 $ccllon
501(c}(3) obll,lllollllle ICllonlb~ Inllclp.1led 10 be luucd by Iho luuCl durin, Iho cafcndIIJtl', Tho
luucl ivIl1leplClCnllhlllho rellOlllb~ Inlklplled Imounl or III IU-Clempl 'Oltlnmen\.llln 501 (e)(3)
obll,11101II ~hkh 11111 be luued dUlin, calcndll)CIf 1~11l111 nOI Cla:cd SID million.
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In OldellO IlIIInLlIn lho c.u:mpllon Irom ledcrallncomc LlUI 011n1C1C11 on the Bondi ud 101 no ol/lcr
PUlpoIO,thO bluelMcnullln lbe IUlhollrJn, lelOlulkln 10 comp~ lllllb lbe plO\1aIo/ll ollbo CllIIo. UnlJl
Ind" unlw, Ind empllO lbo CllCnl In lbo opinion 01 bond CIIUIIIC~ 1110 rolJO\ltn, 110 nol nccnury 10
IlIIInLlIn lbo loU-cumpllLltll1 ollbo Bondi, lbo blll(l IlIIlel ctlUIn MClI1nll, lepltiCnLlllo/ll Ind
""lInta "illl 1t1p<<11O lbo Bondi. no bluel CllIOll1nll 10 lubmllln I Ilmely IlIInncllU 101'0'11.
I<<ounlln, Ind Inlorllllllon 10 lbe InlCllI1l RC'Icnue Scnn lnoIlllUl LIke "hI\CICIICllon It ncccwry "llhln
III poYoC11O lIIUIO lbe conllnued IoU c.u:mpllon on lbo Bondi IIlelIO L1ll: "U\CIOIICllon It ncccwry "llhln
III Jl!I'Icr 10 comply !lilh Ibc IpplJablc law Ind ff,ullllolllln 011Sc11O IllIInLlIn In cumplloll llllh /fI/'fClIO
tho Bondi.
Tho molullon IUlhortzJn, lbo k1l11lllO ollbo Bondi may be IIlICn4ed "1lboullbe COlIICnl ollny 0ll1lC1 01
11I0 Bondi 10llbo 1010 PUrpote or L1klA, IClIon nccuury 10 III1InLlllllu Clcmpllon "llh lel/'fClIO lbo
Bondi undellpplJablo redml law ollcpllllonL
LITIGATION
There It no ill/pilon now /'fndln, or, 10 lbe l.noYolcdfC or Clry ol/lcbb, IhltllCncd "hleb qucsllo/lllbo
wllollryor lbo BOndi or or uy prllct(dllll' or lbo Clry L1[en "IIIlIClp<<11O lbe ItIl11lllO 011.110 lhercol.
lilt 11I0 opinion or lbo Clry AIIOmcy, bllCd upon lbe pill elpcllcll(C or Iho pI)1lICnl or clalnu Ind lud,mcnl
lmounl!, WI lboro Iro pltiCnlly no oUlILlndln, cllinu; IlllllllolI, Impcndln, Illlpllon 01 conllnlfnl
IIabWlIu "hleb !lQulll emed Ibc fUndi Immulatedrollblt PUlpotC lad luil4l CUllcally IpproplUlCd by 1110
Clry CllundI /ollbac pulpOlCS, Ind WI oUIILlndln, Clalmllnd lulll "Quill nollllltelUIIy IlfcClIbc IWndal
potlllonor Ibc Clryuollbc dlle orthlt OIIIdaISLllCmcnL
CLOSING DOCUM~:NTS
SlmulLlncoualy llillllbo delllory 01 Ind pI)11ICnl IOllbo Bondi by the orl,wl pUlculCn Ihclc011he Clry
wIIJ Iumbb 10 tho oll,ln.ll purtlwen Ibc CUllOllIIrycbln, docvmcnllln 101m 1.ll1l1lClOry 10 Bond UlulIICL
CERTInCATION
Tho Clry wIIJ turnlth I ILllemcnl10 lbe CnCCllhllthlt 0l/lcU1 SLllemcn~ 10 \be bal 01 lIS knOlllcd&c Ind
beUer u 01 tho dllO 011.110 Ind lhe dllO 01 delllcry,lt l/1ICl Ind C'OIICClIn IU III1ICIUI rCl/'fCIIlnd docl nol
conLlIn Illy Unl/UC ILllCmenl 01 IlIIlelullICl 01 omlllO ILlIO I IllIlcrbl IlCIllCccwry In oldelto IlIIke lhe
ILltemenlS IlIIdo boreln, In Il,hl 01 Ihe rirCUnllLlnccl under "bleb tbey "ole IlIIde, nol mklcldlna.
LEGAL MA1'TERS
Lepl nullen IndclenllO lIle IUlbollr'llon Ind ItIl11ncc 01 lbo Dondl Ire luhJcClIO Ihe opinion 01 Ablen,
CoOney Do/Yo'CIlcI,III)11Ic, Smith A Allbee P.c., 01 Del MolacI, lOllI, Bond toulIIC~ 1110 \1u.Jlry Ind IoU
CJcmpl~n. The opinion MIl be prlntcd on the blck 01 1110 Bondi. Bond CuulIICl hu nOI plflldp.llCd In Ibe
plepalltlon 01 III It 0IIIdI1 SLllCmcnL
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TIlE ISSUER
GtlltraJ ltt/ortIUJ/ion
10'IIl CIry, 10'IIl us founded III 1139 0lI1/1c bub of IIle IlM RMIIIld II ~1c4 IA lOUlWIlcnalm
IpproxlalalCly 115 mb WI 01 Oct Mol4cs, 20 IllDcllOulll 01 ~ar RapldJ IDd 5511ll1ea foUl 0' DI~opon.
'IllC OIJ IIl1lc IC.II 01 JoblUOO CoUOIJ IDd IIlc bolllC or lllc SlalC UlllYCnllJ or IlM 'bldllllllc O~ClIIDd
brlCll cduallolllllnllJlulIoo 1A10'1I1. II II \be llI111bllCll OIJ III lllc Slale.
Gmmlflllll 0Nl ~/k SlfYlm
11lc OIJ II ICMlDCd by IIC\'CO mcmbel Coulldl; uell meDlbellCMlI four)"r lCllIL l!Ieaioas I" beld
m:ry 1M) ~In 11IO'Io1tI. rOI coollAuawo 10 olllcc or II Ic&JI Ihrcc memben II uell bllDoual CIcctJoL 1be
Colllldl membelll" clCcltd IlbllC. bUIlllRe JIlCmben Ire DODlIAlIc4 rroDllpcdJlc dlsllku.lIId IIlc Olbcl
rour IIC DOmlAlled IlbrlC. TIle Ma)llr II clcClCd by IIlc CoulldlIromlis OWII meDlben. SlDal 1951 &be
CoWldlIw unlllcd Iu Idmllllstratllt lunaJollllhrou.& lu OIJ MIIIIICI ,110 .uptniICs U7 tuJl.lfmo IDd 57
~".lImc Dluold~1 cmplo)tCllAc/udill.I poUa: roree or 55 Mill pcllOnncllod IIIR depalllllCOI 0' 51 ftre
Dplers. The OIJ OWIlIud opcnlcllu "ler .upply ud dbuiIlulloo 'l'lCDlUd ImJC collectloo IDd
1/CIllIlCOl 'l'lCm ",lib ICcoodlry UCIllllCOllllo pnMd'cd. Virtually IIlc colJrc OIJ Iw ICJlInle llOlIIIUd
ullllary ICYltrs. ^ muoldpll Orr.l/CCIIDd OO.UCCI parkin. 'l'lCm In llle dOWll1OWll11CI1I opcnled by &be
OIJ. Since 197I,lbo OlJw beeo OPCIIIlll.ltraasll 'l'lCm.
Rtr{DMJ SI"./flalnCf oj I~'{J CiJy
I!.uy ICWlIO Iowa OIJ II p/O\ided by I dMIIO tralllponalloo oel'Mlrl no Cedar RapldJ ~rt, Iocaled
lboul 20 mllcl rrom dOWDllMlllM OIJ, II ICnd bY I Dumber or 1II11ollll10d reJloaalllr IInlcrs. RaD
ICnb II plOYlded by lllo IIIIInIlno 0' lbo CIlIelJO, "Rock IJlaad Ind PldJIc Ral1rOld lad by IlbonllAo
conllCctln.llM OIJ Ind Cedl/ RapldJ. Thll conllCCU with IIIIIllIlnCl or Ibe Milwaukee Rota, tho IIIllIoII
Central Oull,llld Ibe CIlIaiJOlnd NON WCllClI. 10lCl.a1J lIIlCk ud bus UnCI opcnle 10 IDd lbtoup 1m
Oly,lIrllldlUcalmmedlalely lOuth ollolenlale Roule 110, the 11II11I C&JloWCIlllllClllale blJbWlY lbtoup Iowa.
CIlIaiJO lllcaa wo roul boan IWlY via &be 10lCnllIC l/J.bWlY S)11C1D.
11lc res~eolS 01 Iowa OIJ enjoy IIlc beacnll 01 bivin, I IlllJor UOMIIIIJ IocalCd IA lbclr Olf. TIle SIa1e
UOMIIIIJ or 100000lPOlllOII mlDY CUIIUIII MOU lIrblcll, Illlddllloo to IIlc UOMIlIItIIIllIcIlc proanllll,
IIllllllb 10'IIl OIJ resldenu wllh)"1 rouod IClJvIl/CIlod cnlC/lIlllmcoL 1bc UOMIIIIJ flU IoUDded ID 1847
lad lu cuncol cnlollmeol II IPPIOlellill. JO,OOl. /11110 plOYldes CDlplo)1DcoI ror IDOID 1U0 2O,tWpcoplo IA
lbc lrea.
EmploJu RllDJlolll /lnd Ptnslon PlDIU
A oumbel or the OIJ'. employees III rcpresenlCd by collcctM bllplllln. uolll. Pob DcpanDleOI
eDlploltCll1I replClCOlCd by lbe Police Labor RcbwlII Orpohllloo or 10'IIl CIJ lIrbOlO leOI wllb
lbc Cfly CltCndJ throup Juno 30, 1992. FIle nplClIllI represeolCd by lllo 10'IIl CIJ 1100 or
prorcaslollll FIIo F1.blClI, I unll or lIIe 10IC/llIllOIIII AIIodalilo or FIle A.blCn. nelr COnlnCl aplrca
JullC 30, I~. MOll olbcllliU.lImc Ory employeCll1C mcDlbell or AFSCMB ",bOlO COOlnCl CltCnds
lllroup lbc I~ IIsCII )'011,
The Oly conlllbules 10 l'Ml ~I pclllloo Ind rellrcmcol 'l'1C1III ud 10 the 10'/01 Publle I!mp~o
Rellrcmcnl S)1lem (IP/!RS) wblcb Is IdmlnlllCrcd by lhe SLale 01 Iowa. All or the 'l'lCDIIIID coal/lliulOry,
.nd .U pclllllnenl emploltes musI plrtJdpllC III one or tbe 'l'1C1III. no ~I 'l'1C1lll11O IdmllllllCred by 1
local bOard ,bleb bu lhleo memben lppolnled by tho CIIJ Council Ind rour membell elcrnd by Ibo
1
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n ICfee
panldpallll, mcmbcn. 'Ibcy lie lel\llllCd by 100000011I1UICS. TIle 01)' ICU U CIlllodlln /ullk UlCU at 1M
1oa11)'lClIIS. FoIlowln,1a IlIble Iadlcallll,lIIc I)1ICIIII, lIIe cmplo)tCl COItlCd,lad 1M Imllon 01 1M
01)"1 CO\'Crtd pa)'lOU orst2,m,989,lollhe )tal elidcd JUlie JO, 1991:
VaAAk.I
OMltd l!alpo)tl N~lot UlIWy
InIllII FlMIorrttlOMrrd bmID nwrtbutklft l'.mMtfl ulllm9:1
IJltaI:
fln AU". 0lU SeMel
I!mpqtCl 1.,412,631 Im,an 51 11,619,00)
Pclkt A111'clkc 0lU SeMce
I!mpqtCI 1,661,7.4 363,701 SS 76J,U1
SIIII,IPIlIlS All 0Illc1 Pt/llllllCDlI!mp/o)tCI ',I u,6lO 1~,I7P 411 -
Orrcni:JlJiDn
MAYOR
Tn
EuIlII
A. Jobn McCoaa'"
Jlauary,1991
CItY COUNCIl.
Raady Llnon
WUllam J. Ambrlsco
Kilen Kubby
Suun M.llorowlu
Nloml NOI'tck . ,
DllTd O. CoUlIllcy
Tn
EuIlII
Jlauary,l991
Jlauary,1991
Jlauary,l991
Jlauary,l991
Jlauary,l994
Jlauary,l994
ADMINISTIt4nOti
SlCpbca J.AtkJJu
0110 B.llcUln,
Doaa'" J. YllCllb
, Mlrlan K. KIlT
Ulldl Newmln Gentry
(1)' MlaalCl
A1sbllnl (1)' MlaalCl
Flnallal DItCClOI
01)' CIclk
01)' AlIolllCy
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ECONOMIC AND DEMOGRAPIIIC INFORMATION
.
,
.
l'opulDllon
Tlble llhoYo, lIle population 01 lIle ClIY u Itcolded In lIle p.ul lour "MUSC"
TABLE I
rooullllon 8111111111
r'
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,
\
I
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1,
CllYol
fOWl ClrY
t990
1980
t970
1960
59,738
5O,5aI
~
lJ,OJ
I
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8wlntJund Indwt'1
IOWI Clry'l ecoaomy Is buDt upon IIlc l\Rnath 01 eduallon, medlc:allCl\iccl IIlCI dl\'Cnltlcd II\Inullcturlna.
Tho Lar&<<1 emp\o)'Clls the Unl\'Cnlty 01l0Wl wllh ovcr 2O,(XXI emp\o)'CCI. The Unlvcnlty ollOWlIlOlpllall
Ind ClIiIkJ Is ihe Lalpt Unl\'Cnlty.CJWlled lClchlna medkJl "ntel In lIle Unlled Slates. TOIClhel ihcac
ItJOUICCI prcMde I ''Cry liable emplO)1nent baac.
In Iddlllon, lIle CIty Iw Illanltlcant numbel 01 plMte cmplo)'Crs ~bkb h.ll'C I hlslOry 01 plcMdlna liable
Ind lnaeulnl cmploymcotln the como unity, IOWI Cll)"IIIU)or prl\1tc emplo)'Cn I/O (1IU)o1 product 01
1Cl\ia: In blltkell): Ualled Technolo&Jct AUlomollve (Iormellj Sbellcl'Olobc) (lulOmot/vc produtU)j
Amellclln Collcae Tcstlnl (eduallonal plOallDIJ Ind leIllna ICMca), PIOCICI '" O"lmble (lOlIct aOOdt),lna
NllIolIIl CompulCl S),lCDIJ (lest ICOMI Ind compulellCl\'Iccs),
Tho major emplo)'Cn III the IOWI CIty I/ClIIC plClCnlCd III Tlblc 2-
TABLE J
rllndoll F.molom (I)
Iimpk:rtr DUllnelt&rvIre I!mplQ,)'Cel
, r I. Unlvcnlty 01l0Wl ~) l!duCllIolllllad Ilealth Scrvka 2O,oJJ
I
2- IOWI CI~ Commun I'f Schools l!duallollllScMccI 1,185
3. VelClla Admllllsl/lllon 1l0l~1 lIeallh ScMccl 1,050
4, UnllCd Tccbnolo,lcs AUlOmo AUlomollYc ProcIUCII 1,D25
S. Meny 1l00~lal lIutlll ScMccl 992
6- Amelkan lIcae Teslln, l!dualloD ProlllDIJ Ind Scrvka 850
7. PlOC1Cllnd Oamble Tollctrlta 750
a. Nallonal Co~Ulcr S)1lCOII Tell Storlll,lDd Computer Scrvka GOO
9, CItY. ollowa ty Oo\'cramcal S02
10. lly.Vco Food SlOra 4SO
m Includes ~n.llme Ind lCmpollry employces.
Includes nlvcnll'f 1l00pllal cmplo)'Ccs.
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n I cf e LI
Table 3111u 1M 1nD1U11'mao uaemplo)1IItlllllel lor 10111 Clll u compmlllO lIle SIIIe ollOlllllllllbe
Ualled SIIIes folllle )cln 19M-1m
TADIE3
IID.hr..tn' SIIII,Un
1000l ('flY MSA
1991 (I)
19'JO
1989
1984
1987
1986
(I) JUlie Daly,
Labor Fl!1tf
61,200
61,920
62,200
6),OOl
'9,500
S6,~
SIIIe 01
IllU
Unlltd SUitt
bl"
1.7~
1.6~
IJ~
\J~
l.~
2.7~
U~
4.2~
4JI
4"1
'JI
7.G1
7.lX\
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7.11
RttDU So/II ANI Buylnllnroml
Table 4 below 1II1S medlaa IlolllCboloJ EDI'a aDd pel aplllltllD uk. 101 Johson Couly IIlll folIM SIIIe 01
!OfollollM )cln IIW IIlroup 1989 U Itpontd IIlllle ~lcllDd ~lJlkelln, MU,JltlllCal'a SUl\n 01 D lOin I
flmu.
TABU:.
Rrtall Sal"",Ullnt Inmmt
1989
1984 (I)
1987
1986
IIW (I)
I!rrMII, DIQin, IlKllme
JoblllOa SUIe ot
QlIIDIr .1m..
sU,m SII,8lJ
21,191 20.618
23,963 ZJ,277
22,980 11,137
u,w 11,297
Pcr C.plll RellB SJItI
JOAnson SIIIe 01
QlIIDIr .Jm.
S7,m SU29
5,42.5 ','113
'~9 ',741
',026 '.s07
4,m ',1M
(I) ~1cI11lll ~lJl"1ilI1 MJll.lltlllCftt cbllltd lIS mtlbod 01 alculallnl dleM'C bU)in,lncome 1Il11lc1e
)'Cln. 1\ac cblal" ICluJled In IIW nlUIQ llIJl I'cllltd 12~ krAcl lbIa 1934 ft,UIClIIlllI984
' nplCl 1bI11\'Cllltd III krAcl lbIa 1987 ft,urc~
A[tdlttJl Stn/ttI
Three boIplLlI. 1e1\'C Ibe commuftlly, Unll'Cnlly 1I00rllJ~ Mercy 1l00plIJI alllllllo V ^ 1I00plIJI plO\llle
emerltncy,llllClUlI'C care, Ind coroll.lly care IIcllmenl U lid U I number 01 Olber .pewl calC p,o,nmJ.
The UaMn11y lID1pllll II 1M IallClt Uall'CnllyOllned IClcbln, medical ccnlClIn IbC Ualled SIIIQ. The
IIlree boIpllJli lbo prMJe emploj1lleal lor molO llun 6,COO mldeau 01 Ibe communlly,
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Educollon
The 10\11 ClIy School Dbloo opcnltlllllccn elcmcnllty Kboob, lYlll Junlol blJb ICboob, lYlll blah ICboob
Ift~ one Illcrlllt"" IChooL TOIII enloUmcntln IIlc 11'lCm In lbc I~r ICbool)tar wu 9,3(1.
TABLES
t:nroIlmmt 5tlll'1ln
Imlll
1989f)O
1988189
1937/88
1986187
Abo IocalCd In 10\11 City IIC I CllIIollc elcmcnllty Ind blJb ICbooL
9,308
9,100
8,971
8,693
8,S9S
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Nrw C'omtruetJon In Rtnnklln. III
ow.
--~~~_....---"-_.- Xw Im11II ~ llIIDIII nIlll ll!~uQ)
.-.--.,-.'-',-----
198411 171 12,7~9,6M 311 7,411,421 5lO,M2,S91
19S7iY 168 15;668.861 337 9,~91 ,296 S31,591,2/l6
19&\119 165 lIoUl,W 276 5.90,952 ~&:=
. 1989,cJO 167 26.965,388 301 8,1~,eos
1990091 m 27,166,679 301 12,709~ 698;S7I,26S
, Permit ",lmllC bued on tlllmaled collllrllcllon COIlS.
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BuUJlnr P,rml1s and Bank Dtposl1s
Colllll1lCllon IctMly In tbc ClIy IIlbO\l1l by III buDdlna pclmllrccoldllnd 10111 blftk dcpoall.1n ClIy blnb
arc lummarllcd In Table 6.
TADLU
81111dlllll'mnllllncl DInk 11fDoI11I
SoUl<<: (I) ClIy 0110\11 ClIy DuDdIn.llllpccllon Dcp.lllmCnL
(2) Loal Dank Oll1ca.
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nNANClALSUMMARY
Ollllllllllllllry IIlubJect IIlla rupcClllO alOle complcle Inlol1lUooD CODlalncd III lhb 0II1cb1
SIlIeIDCDI~
AcruAL VALUB 1990
TAXADLBVALUDI990
DIRDCT ODDT
0.0. LONO.TERM DDDT (Nc~ IIld1l4lalhc Dolllb)
RnVDNUll DDDT
OVl!RLAPPINO OIlNI!RAL ODUOATlON DenT
POPULATION (prcUmllllry 1990 CCDIW)
AlUlA
ODDTRATIOS
SI,4OJ,829~
SI,W,<<2,t.61
SI6,249,954
S4I.1JO.OOl
$3,56$,107
59,738
21 IqIllIO mllci
AmoUftl
PCI
('~/~
un
ro
\\01
Aclllll
~
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0.3\\
Ditta 0.0. LoDI.TclDl Debl
OI'Cllappln. De5\ .
SI6.2&9,954
3,565,107
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G,n,flII Obllfllllon IAn,. T'fIII Dtbl
Tablet 7 and , IUmlll.ll1lc IIIc Or(J &<""1 obUplilD Ion,'lellll debl u or June JO, 1991 and IlKlude IIlc
BondI.
>
1
TABU: 7
Crnml ObUfltlon Ilfbl by tnut
luuc Orl,wl InlelCiI FlAIl Ou:~~~
~ AmwIAI Bw Ma1lII1lx
1979 SS,500,lXXl 5JI 6I'J1 SSOO,lXXl (I) (7)
1980 2,.57O,lXXl 6.61 6m 4OO.OOl (2) (7)
1931 2, 7OO,lXXI 8.6'"1'1 ~ 900,00) (3)
1915 4,7OO,lXXI 7J,..7.9'I Sf)6 2,375,001 (4)
1986 6,JSO,lXXl 5.''''7000:. MIl 4,1SO,OOl (S)
1986 1,260,lXXl SA"41 6M 96O,OCO (6)
1989 2,9fJJ,lXXl S.7"II 6000 2,700,001 (I)
1990 2,JOO,lXXl S.4"11 MIl 2,300,001 (9)
1991 2)4O.lXXl Thb luue MIl 2.Wllm (10)
TOIlI SI7,315,oo1 i"
----- --'~-'- .__._-~ -"'-- --.
. . I.tu: Debl ScMco F\ladJ 754,146
I.tu: Dereued Boncb mo.CXXI
Nel Pllndpal Oullllndln. wm.w
I Ulabaled b~ IMr rmnuc.
l4~ abaled YlC\\tr rCltnue.
3 3.~ abaled b~ 11rpo1l mtDuc.
4 IIJ' abaled YIP<<\II wwmcnl m'Cnuc,14.~ by nlel mtnuc,lnd 3.'" by airport rCltnuc.
Ia.~ Ibaled bynler rCltnue.
6 Wlabaled ~ nler mtDUC.
The panlan 0 lIIb llIuc abaled by IC'o\tr mtnuc. IlU been dercased by an lrm'OQblo lell.
admlliblelcd lIWl fvnded Yoilll U.s. ~rnmenlleCIIlhlcl. Tho amounlllO dc/eued aro S~CXXI rOI
Lbo 1979 llIuOlndS1lO,COOrollbc I llIue.
l~ .w.~ abaled b~lC\\tl rCltnllCl.
I4.9S' abaled nlel rCltDueland 3&44,. abaled by lC\\tIICl'CnUc.
9.m abaled by lC\\tlle\'CnllCJ.
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TABLE I
Gaml abllalllOft t>tbl
AMIIII Mlturlly 5clwdull
ntaI Yeu Out......". 11\h h.ut
I1Mft'tJ1O I'JIoIlllIl IIlImI ~ IAImlI (I) IwI
1m SJ,775,roo S9&l,lf>> 1101.100 1),119.901
1m 1,900,roo 1t11,9Z' SllO,OOl 1)1,100 ),OIU;n.
I~ 1.900,00I "I.on me I~ tn,~~
1m l~= llO,m 100,6lS
1906 ~2a 9l9lJ 2J9J,m
1m 1.15O,llXl )J9,1S2 W,ool lI~lS ',795.92t
1998 IPJS,roo 2t.6,1.o W,ool W1S l~
1999 ns,roo 1ll1,)lJ W,ool 51,)10
lOX) 9lO,lO) IU.W W,ool 41,110 1,)19,015
2001 675,roo 10,410 W,ool lS,llJ IASlS
2001 ~.oco 1Wl tll.rm -1WJ ""I"
Twl JWWm ~ ~ ~ S22,714,3JO
Las: OcblSenial flllldl 7S4,I~
Las: Pllad~llnd IDlelCl1 Ocfcue4 by IrmlXlble
Self.Mmlllblertd Tndll. See HOle (7) on P'&c 13.
NCI OeDC/l1 ~Upooa Dcbl OlIt1L1ndlll.
(I) Auumcd 1\~/lJC IIlICICSI /lie 01 S.9-I~
mg
mw.m
RmnuI Ddl
'Ibc lCI'CDUO bond IsII1Ct IblCll below III Table Pile p.I)1ble from ""..In IClmCl of lbo Cl17 Ind lie nol
10110/11 obUpOOIll of Ille Cl17.
TAUU
RrrtftUf I)d)I by rUM In
Plladpal
OlIUIlIldIll.
AI 017/1,'11
Sn~r RclUIIO
PlrUaI Rmauo
TOIlI
SJ6,9SO,OOl
Umlm
WJW
(I) l!Idudcl SIIIl,(XXl OfWllC1 Relmo Doadllad~,lXXl of Sn~1 RCI~auo Bondi Ylbkb Mill been
defcucd b, IITCWCIble self..dmlllblClcd 1/1II11.
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Othtr CommU1Ill1lll
),
I
l!AIulpmcn'"111l a aliI 01 S159.4QI11 bela, acquired under capllllkucL TIle JulIO JO, 1990 balallCll 01
SJ~~ II duo In monlll~ IIullllmcnu om,~ Includln,In\(lUlIllo.771, Yrtlh Ille /lnaIInsIlUmen. due In
~I1YI 1991; anolher kIlO Yrtllla balallCll 01 S5,720 II due In annwlllullllmenlJ 01 S2,860 Yrtlh IIn.lI ""ymcn.
due Au,wl Jg)I.
Fut"" Flntllldn,
The City doa ao'lnlldp.l\( WIll wOIlnc11r addltlonallndeblednw Yrttllln IIle ne.lIlb monllll.
Dtht Umltal/on
TIle Cou~lullon 01 tllc SIIIe ollOWl, AI1JcJe XI, Section J, pnMdu U 101Joy,1;
'IndeblCdllCll 01 poUdCll 01 munld",,1 COlpollllol1L No county, 01 otller poUdCll or munldJIII
colpOlIllon IIIaU be Ibtd lO become Indeb\(d In any IIIInnel, ollollfty purposc,lO II amoun~ In tile
I"rep\(, cmedln,lII'll pc'CCftIUm on the value ollWble plOpcny 111tblJi Iud! county 01 corpollllon.
lei be ~llIlncd by IIle bil Stile and County lU Ibu, prcvlow lO the Incunln. ollucll Indeblednw.'
TADLEIO
I>tbllJmlt ComDullllon
l
Ltpl Debl Umll 015'" 011990
Ac1wl Value
DcbIClllrJC.bIeAaaInsIUmh SI6j~j~ WJ!1
~~udCllllc DoncfJ and capilli
obUptlol1L 00cI nol
Includo dc/cased JCnml obUpllon
bondJ dClCribcd In nOle 7 on p.lJC 13.)
Ltpl Debl UmhAvallable WJWI c.uJ!l
In addlllon to IIlo kpllcqulremen. dCK/lbcd In Tlble ., II II tho allied polJcy ollho Clly wl,enml
oIlUpllon bonda be lUucd only up to .'" 0111I0 aC1wl valuo 01 plOpcny IIlbellbin tIlo 5" Iepl Umlllllon.
Anolller Clly polky Umlu IIlo detillCrvIallc')' lO 25'" 01 tho JCnmlcu IeIY (Ocnelll Fund,l>cbl Servlal
Fund, and Peulon and Retlremenl Fund.)
S 70,191,482 (1m)
15
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Table 111C1l1o/Q 1M ((llCnl obUplJoa debl IollllclG jUlll4lcWllIlllcl1M lmoual ollhclt Ifeblllloable 10
1M 017 u olJuao 30, 1991.
TAILE II
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(I) I'.Iduda SJ,lXXI.OO) 01 0.0. AAtklpllOry Warnnll. Includct SJ,~ 01 New Jobt Trllnln,
CCnl/lalCllO bo lIluc4l1 Septembel, 1991
nNANCIAL INFORMATION
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cub bull ollcwunlUl.. III ludlted IlAaWllLllemcnu aro lIIucd II conlonnll7 Ylilll ((ncnUy Impled
ICClIUnlUl~rladPIct. Curiel ollllo O/)"lludll(d IIllIndalllllemcnlllor 1110 llial ~In cn4ed Juno JO,
1917 Wou Juno JO, I~ I/O 1\1l1ablc /rom 1ll'Cl\ICn DodJt, lac., lllc ClliI FIn1wl ColllulLln~ upon
ICqllctL 0 Appcn41c ^ IolICkClCd ICbc4uks Ind 1Il0 NOla 10 F1Mnclil SLllelll(nU IOlllle Ilnandll
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f1A.IDCUII~ru. They line heca olpnlztd In IIKII I Nnnel U 10 II laIC )'C1l1O )UI CO~'bolll. Table
, U lell 10/ IlJlCmcnll olm'Cnuc IIId ClpcndllurCllollhe Ocncnl Fund 101001 )'Cln 1 Ihlou&h 1991.
( TlblG \J lumlllillztd lbe 01)'11992 (knell! Fund bucl~1 u .dopled brIM 0'1 Coundl.
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, TABLE 12
I
~ Slllrlllmll at Rntllun Ind El1lmdltllnt lor tilt Gmml Fund
. (Van t:ndcd June JO)
'l
1fl1ill WI 1282 1!a
Pf:~~11CI S10,&57,68l SIO,l(Xl,21) SIO,29WS S9~16
IJcCIlICUM htmlll ~S"109 403,831 367,403
Inlcr~/MlCDlIl 9SI,7.a 1,04IPJI 1,016,967
OlaISCllor 5cn1ct. 2,226,836 z.:~ 1,798,J19
IWllMllrklllllt1 ~1O,M4 391,710
UII 0I1%orJ and I'IqlrI11 ~91.7n 39',267 21~1
, ~lllCCllJnrlM wa.Dl1 624.161 AIS.]S7 U.t519
I mm.m m.707.m 5IU~J.06] SIlAlB.m
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IJ P/OIcrllon
1I\llNl1 DCwJormcnl 3,686.m 3,301,076 2,m.SJ1
I klmc 1M OllrimullIlJllMJormcnl 2,711.07 2,m.711 2,196,711
I'IIlkllM MmIn1ilnlloll 3,~19~16 3,m~1S 3,m.IM
~~~=' ~19,I'JS 469.993 981~11
111.819 87.8]9 261m
--._-----...------
SI9M9M9 SI6117.m 1151O]jIU IUMI.81l
limn'" OWl (Undrl) r~rr~IiIlCl (3,lm,m) (SlO,)<< ) SUI,469 S(I,u3,o16)
01111!R nNNlCNO SOURer.s (USI!S)
~~ ~ ~ ~
(To) 0IIlc11'llldl
U211.761 SMLl!A sl.mm 51.9M 675
. limn'" 1M Olhel IWnrin,5ourtc1
OWI(U=!.l~DdIIIlltIIM ".117.614 311,t01 S1,sSI,763 SW,639
0IIlc1 f , lei
I'UND IlALANC~ DI!OINNINO 5,141,803 3,5lD,GlO 2,116,341 (3)
u Rcllllcd
Rclldllll r,qullJ Tnn&lcl WUW ~ ~
FUND IIAI.ANCI1, IlNDINO JlJOol.M~ WIl.eD] ~
IlJIlt 01 ,\ccoulIdll' ModIncd MI\lIIII.ulI
m CallI bIIII, UlI.lIlllUcd.
MOIl oIlllc 1ncomIII,Inl\llrn 111m lllc ~dll rmllllO fundi, primarily the IOId \114I tund,lO plOlillc the
101m 01 tuIlilI lot UprndllllRlICCOUllICd lot II the Ocnrrlll'und.
(3) RcllllCd.
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OOCllWlpll
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1'0111
TABU: /J
1"1"1 ralb hIlI Cmrnl Fund Budtrl
StU9.mJ
SII,lllI,1I9
4,69J,sw
'.013.911'
S20.7~
I'.rrclldkultt
Pcnolll5cntca
0lIIl1llOtl1tlca
5cn1cct 114 0111"
CipllalOuIllJ
Trilllkn . OlltllaclKY
TOIII
1lI411, P1II1d 0I1a1Cl
lU,U 1,299
751,565
4,llSJ,243
9?6,]01
3.478.926
S22.~I.m
Wl1J14
0uIl oII4/11mtllllllll
Tabla 141illlboMn41lnuUllCDlIollboCllybJIIIIld uoUune3O, 1991.
TAUE 14
Cath ,net Inu~'tmmtl
Oenerll FlIId
Dcbl5cnb FlIIdI
Pclllill TMI FlIIdI
OIMr PlaIds
TOIII
S20,941,512
lo.&S7,5JS
18,452,557
619.941
I&W.W
PROPERlY V ALUAll0NS AND TAXF.s
ProptrfJ J'aJulllw/II 0114 TAr O1lhctWII PtoctJurtl
AD properly lublc<t to \WtIoI II ,,1uc4 ncry )tllllld IllUbJcCCto II eqUlIl1AlloQ IClIoQ 01 lIIe SlIle
Dc~nmcAI of Kame a~ry olllcr )tar, AD propelty mer' ullllly rlopcltylt U1Cucd It 11I0 1oa11cl~L
no SIIIe Dc~rIlllCAI of RmQue UIWCt ullllly plOpelty,
no Aucuol allblbllu IClUlI "IUltIoQ (l1XII'1 u 01 JIQUlry 1111 calendar )nr lor IllCI JlI~blc IIllhe
IllCttedlallltCll ttl',le. "IUlllolllllAdo lA Imlto 1011llCl pI)1blc lithO IbQI )tar 199INt The IClUlI
"Iuo 01 ~,"II rs ploride4 bJ 1M WWOlto tho CIty AudllOl _bo lhcn delermlnCllbo \Wble "Iue. The
\WblG \1lue II compuled bJ IdfuttllllM IClUlI "Iuo ol"rloUl dwel 01 lul plopcrly bJ pclCCntlJCI (roD
bilk nlel) dele/llllilcd bJ Ibo Stile Dcrumenl 01 Rauue. The roD blck nlellre IppUcd 10 Clwel 01
propelty 01 111I1Cof.1de bull 10 lhIllU IIlcrcIlO IIlIClUlI "IUltIon 01 properlY lithe Sl.ile _ill not meed
4" IAaUlIly. Tlblo 6 ou1llllca 11I0 MUll Vllue (IIXII') and Tauble Vllue 0110 plOpcltyln Iowa ClIy u
IIICIICdlll 1M )tIn 19I1S IIll0ulh 19119. Table 7 IlII1 the dlUCI 01 property _bleb I'Ompl\ic tbo Clty'II989
IClUlI ,,1110 01 plOpelty.
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i I~ 19911'11 S I,W,I19,61O SI.m.~U61 S9,161.U1
t 1989 19'XW1 1,36?~,oo1 1,201,108,161 1,311,176
,l 1988 19W)O 1,301,4S6,368 1,149A926 1,G1I,m
L 1981 198&19 1~,~1.w 1,I3~,J<<.w 7,2l9,~12
111M 1981tM l,lU,J/l,41S 1.mI,40I,5).1 3,50S,U.6
(I)
I!Itllldcd 11011I IClIIII llId LWblc \1lue U IbovolL InaclIlCDLl11Utl OD InaclIlCaLlI \1luo Ire
plcd&Cd III1lc prlma/y IOUIal 01 p.l)1IlCal oa IlCW jIlbt Ullnln. RIIlIlcIIU.
TABLE "
1* AdUlI \'.Iur b, Clau
\\01
PIQI'tI1,. ClIII Actual Value Il1III
RcaUcallal S 131,1IS.461 59J\\
Aarlcullul1l ~9 0.2
COmmercial 413,517,240 30.2
I lid uullal 31~I,1I0 2J
Pcnollll Ron. 46,36?~7 3J
UllIJtlcJ M.m.913 ..u
_~._~.__.' _~_ _u. _..____,_______0'. TOTAL ~ -
.
Proptrl1 Tax Ltrltl and Co/1m/Dill
Mcllllc IIlCSImcnl olllOPCll1lUtl1n I alclldll ltll,lUCll/C lnicd 101 collcctlon III IIlc 101Jootoinl/bea1
)fU. Tuu Irc ccnl/lc 10 1Il0 Couol1 AudllOr In MI/tb. Thc CoualY T1cuulcr col\ccU 1Utl101 III IUID.
cndlJcs III lbe Counly, SLlIUIO/y daleS 10/ pI)1IlCDI _1lhouI pellllly Irc September 30Ib 101 1IIc IInl
IDsLlllmcnll1ld Milch 3111 10/IM ICCOIId IDsIIUmCDL PCIIl1lY /lIeS IIC cSLlblilhed by SlIle law 111.5\\ pel
monlb.
Tlblo 17 OUlllnellbc Counly'l collccllolll ollllcs III 1IIc /beal )UI lolJootoin'lhclr Iny IOl1llc CllY.
TABLE 17
Tn follrdlOM
CoIlcCllon
1m
1986-31
1981.aa
198U9
1989.90
Im91
TOIII
Tit I.tW
CIImel Tu
ColkCllon.
11.001,522
12,828,]56
13,111,121
U,7W,615
14,489,719
PCIRallJC
olLnY
Cnlltttrd
11,269,792
12,5$6,614
13,110,815
14,2~9,m
14,5n,697
97.1\\
102.2\\
100.1\\
96.6\\
99.4\\
TOIII Tu
ColkClloftl
1I,uJ,lXlJ
U,U3,1XX1
14,1).1,).17
14,521,162
14,663.975
TOlllul
PClalalol
OInt"' '.exY
99.6\\
IGl.6\\
103.1"
101.~
100.6\\
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Table IIIboYo1 lIlc IU nICS lor lIlc ClIJ lor 1M CWlClIIIlol ~Illovt CIlIkc1k1I )UIL
TAIILIlII
Tit Rlln 11.11.000 olTlI.W, ''t'url
H1IIIA
lowa.IUlnoIl Ou .t l!IcC1rlc
Ok! CapllOl CcnlelTrwI
Jlmel A. Clark
SoulbplO Oc\-elopmenl ~ Inc.
Proctel" OlmblC MIa. Co.
0/11.0 Labo/llOr,", lac.
American Collcp TUIIIII Plolflm,lnc.
II. P.Smllb,lnr.
$t'CImolO MID Assod.Ilel
"Iny A. Jobnson,JI.
Tluble
V.lulllnn
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Jobnson CounlJ US S,OI .&.71 U) UJ
OIber .IZ Jl .J1 J.Z ..61
TOIlI ZW m2 Z!.U ~ 1W
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101 Debl Scn*' Fun4J, IIld ~ lot IIlo ThIUIl Fullol. 1ba Oeac"1 FuN I.C\, 111M IlIlIlIlIJ
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III Table 19.
TA II u: "
Prindle'TI.."m
"9,III,m
18,396,W
1S,s I4,WiS
14,126,1$9
14,761,9UI
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Any IlllemcnlS mlde In Ihls 0lIIcU1 SLlkmcnlln\'OlIin. malkn or opinion 01 or ClI/maICl, "hclllcr or DOl 10
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anyorlllo C.lllmakl "111 be /CIUud.
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Wo horoby cortify that wo havo oxo~inod a cortifiod tronocript
of tho procoodinga of tho city council and acta of odminiatrotivo
officora of tho City of Iowa city, Iowa (tho "Iaouor"11 ro1ating
to tho isauaneo of Gonoro1 obligation Bonds by aaid city, datod
Soptombor 11 1991, in tho danomination of $5,000 or mu1tip1al
thareofl in tho 09grogato amount of $213401000.
Wo havo oxaminod tho law and ouch eartifiod proeoodingl and
othor popors 01 wo doom noeaooory to rondor thio opinion 01 bond
counso1,
AI to quoationo of fact matorio1 to our opinionl wa havo
ro1iod upon roprosontationl of tho Ilouor containod in tho
ROlolution authorizing ilouoneo of tho Bondi (tho "Rooolution"1
and in tho cortifiod procoodingo and othor eortificationl of
pub11c offi01all furniohod to ual without undortoking to vorify
tho 8010 by indopondont invootigation.
Wo havo not boon ongagod to or undortokon to roviow tho
accuracy I cOlplotonooD or sUffioioncy of tho official statolont or
othor offoring matorial ro1ating to tho Bonds and wa oxproos no
opinion r01ating thoro to,
Boaad on our oxamination and in ra1ianeo upon tho cortifiod
proceodingl ond othar cortificotionD doscribad obovol wo ora of
tho opinion, undor oxisting 10wI os follows.
1, Tho Isouor is duly croatod and validly oxisting al a
body corporato and pOlitic and political subdivision of tho
stato of Iowa with tho corporato powor to o~opt and porform
tho Rosolution and isauo tho Bondo.
2. Tho BondD aro valid and binding gonora1 obligations
of tho Ioauor,
3, ^11 toxoblo proporty in tho torr1torr of tho Ilsuor
10 subjoot to ad va10rom taxation without 1i. tation os to
rota or amount to pay tho Bonds, Taxos havo boon loviod by
tho Rosolution for tho poymont of tho Bonds and tho Issuor is
roquirod by low to inc1udo in its annual tax lovy tho
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IOWD citYI IOWD . $2,340,000
ConorDI Obligation Bondi
poqo 2
prinoipDI Dnd intaroot cODing duo on tho Bond. to tho oxtont
tho noeol.ory tund. ora not providod troD othor loureo.,
4, Tho intoro.t on tho Bond. i. oxoludod troD qroo.
ineoDo tor todorol incolo tax PUrpOIO. and intorolt on tho
Bond. i. not In itOD ot tax protoroneo for purpolo. ot tho
todoral altornativo linilul tax ilpo.od on individual. and
corporationl' howovorl with roopoct to corporation. (0.
dotinod tor fodoral ineolo tax purpoool)I lueh intoro.t i.
inoludod in odjuotod curront oarning. tor tho purpooo of
dotormining tho oltornativo liniluD tax ilpoood on lueh
eorporotionl. Wo oxproao no opinion rogording othor todoral
incolo tax eonooquoneoa eauood by tho rocoipt or accrual of
intorolt on tho BondI,
For tho purpooo ot rondoring tho opinion oot torth in
paragraph nUlborod 4 abovol wo hovo ollulod cOlplianeo by tho
Illuor with roquirolontl ot tho Intornal Rovonuo Codo of 19861 o.
alondodl (tho "Codo") that IUlt bo lot lubloquont to tho ilouaneo
ot tho Bondi in ordor that intoroDt thoroon bo and rOlain oxoludod
trol grool incolo tor todorol incolo tax purpoDoD, Failuro to
cOlply with aueh roquirolontD could eouoo tho intorolt on tho
Bondi to bo ao inoludod in grolD ineolo rotrooctivo to tho do to ot
ialuonco ot tho Bonda. Tho Illuor hOI covonantod to cOlply with
lueh roquirolontl,
It il to bo undorotood that tho rights ot tho holdorl ot tho
Bondi and tho ontoreoability thoroot lay bo lubjoet to bankruptcy I
inlolvoncYI roorgonization, 10ratoriuI and othor lililor low.
attocting croditorl' rlghta horototoro or horoattor onootod to tho
oxtont conltitutionally opplicnblo and that thoir ontorcolont lay
oliO bo lubjoot to tho oxorolDo ot jUdiolal di.crotion in
appropriato COIOI,
ROlpocttully IUbDittod,
A1ILERSI COOliE\' I DORWEILERI IIAYIIIEI
8HITII , ALLBEE I p,C,
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(QnA publication roquirod)
IIOTICE OF DOIID SALE
Time and Place at Salel Tho lalo of bondl of the city of Iova city,
Ioval vill be hold at tho council chamborl, civio Contor, 410 &olt
WUhington, in the city of Iova CitYI IOl/a, (tho "IlIuor") at 12100
Noon, _ , on the 'Orh day of AIII'lll , 19!11,
.
I'
Bealed Btdll Soaled bid. vlll be recoivod at tho offico of tho
Financo Diroctor al ototed obovol until tho Finoneo Diroctor doolarel the
tilo for tho filing of oealod bidl to bo clooed, Tho bidl vill thon be
publioly opened at the above placo of oale and therooftor roforrod for
action to tho leeting of tho city council to be held on tho abovo data at
7110 olclock ..1.,H.
Tho Dondsl Tho bonds to be offored aro tho follovingl
ESSENTIAL CORPORATE PURPOSE GEIIERAL OBLIGATION DOIlDSI in
the amount of $2,340,000, to be dated septelbor 11
1991 (the "BondI").
Qtt1gjal Btatomontl Tho Ilouor ha. ioouod on Official statelent of
information portaining to the Bonds to be offorodl inoluding a Itotoment
of tho Torml ot Offoring and on Official Bid Form! IIhieh il incorporatod
by roforoneo ao a port of thil notieo. The Offio al statemont laY be
obtainod by roquelt addreslod to tho Finaneo Directorl civic Contorl 410
&olt Walhingtonl IOlla citYI IOllal 52240-18261 telephonol (319) 356-50521
or tho citrll Finance Conlultantl Evonoen-Dodgol Ino'l 222 South Ninth
Stroot I Su to 38001 Hinnoopolill Hinnesota, 55402, tolophonol (612)
338-3535,
Terms at otterlngl All bids Ihall bo in conformity vith and tho lalo
shall be in accord lIith tho Torml of Of to ring al oot forth in tho Official
Statelont,
~I Said bonds lIill bo sold lubjoct to tho opinion of
Ablorll coonoYI Dorwoilorl Hayniel slith , Allboel P.C'I Attornoys of DOl
Koinoll 10l/al al to tho legality and thoir opinion lIill bo furniohod
togothor lIith tho printod bonds lIithout COlt to tho purehaoor and all bido
lIill be 10 conditioned. Excopt to tho oxtent noeollory to isouo their
opinion al to the legality of tho bondsl tho attornoys lIill not exalino or
roviov or expross any opinion vith rospoet to tho accuracy or complotonoll
of documontsl aaterials or statolontl mad 0 or furnished in connoetion vith
tho oalo, iOluanee or markoting of tho bondo. Tho opinion viII bo printod
on tho back of the bonds,
Bights Roservodl Tho right is roservod to rojeet any or all bidsl
and to vaive any irregularities as deomod to bo in tho best intereltl of
tho pubUo.
By ordor of the city Council of tho city ot IOlla City I Iova.
city Clark of tho city of IOlla City I Iova
,I/IUU. rollEt, 001' IIUIl." 1l)lt '~n". ,ILLlIltrr.
A"OMIYI"~ Oflt.lOJlrlllOM
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In addition to tho provl110nl of tho offlolal notlel of bond
lalo, thil lootion loti forth tho dOlorlption of eortain of thl
tOrll of tho Bondi 01 woll al tho toraa of offlrlng with which III
blddorl and bid propolall aro roqulrod to cODplYI al followl'
GENERAL OBLIGATION BONDSI In tho prinolpal aaount of
$2134010001 to be dotod SoptoDbor 11 19911 in tho
donollnotlon of $51000 or multlplol thoroofl and
to loturo 01 follovl'
prinolpol Haturity
Amount June tit
$2401000 1993
2501000 1994
2501000 1995
2501000 1996
2251000 1997
2251000 1998
225,000 191111
2251000 2000
2251000 2001
2251000 2002
Optional ROdolption, All of oaid bonda dUI aftor
Juno 11 1119111 will bo lubjoct to call prior to
maturity in wholo or froD timo to tiao in partl in
invorlo ordor of maturity and within a aaturity by
lot on laid doto or on any intorolt paymont dat~
thorooftor at tho option of tho Iaauorl upon tOrll
of par plul oecruod intorolt to doto of call.
Intoroat, Intorolt on aoid bondl viii bo payoblo on
Juno 11 19112, and IOliannually on tho lit day of
Docolbor and Juno thorooftor,
pook Entry Systom, Tho Bondo vill bo ialuod by loanl of a
book ontry IYltOI with no phYlical diltrlbutlon of bond
eortificotol aado to tho publio, Tho Bondi vill bo illuod in
fully roqiltorod form and ono bond cortificato, roprolontlnq tho
oqqroqato prinoipal amount of tho Bondi maturlnq in oaeh yoorl
will bo rogiltorod in tho nOli of Codo , Co, 01 nOlinoo of Tho
Dopodtory Trult Company ("DTC") I Nov Yorkl lIaw York, vhieh will
oot al locuritiol dopolitory of tho Bondo, Individual purehalol
of tho Bondi lay bo lad a in tho prinoipal amount of $51000 or any
multiplo thoroof of a linqlo laturity throuqh book ontriol lado on
tho bookl and roeordl of DTC and ita partlcipantl. Prinoipal and
intorolt aro payoblo by tho Ilsuor to DTC or Itl nominao al
roqistorod ovnor of tho Bonda, Tronofor of principal and intorolt
paymontl to portloipontl of DTC vill bo tho roaponaibility of DTCI
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tran.f.r of principal and int.relt poyment. to benof1c1al ownor.
by partio1pant. v111 be tha reapcna1bil1ty of aueh portic1pontl
and other nOlineea of bonef1c101 ovnora. The aueeoalful biddarl
a. a eondit10n of dolivory of the Bondo, vill be requirod to
depo.1t the bond eortif1catea vith OTC,
Good Fo1th DeDcs1tl A Cood Fo1th Depolit ("Dopo.it") 1n tho
for. of a cortlC1od or 0 eoah10rl. chock or a Finon01a1 Surety
Bond in the amount of $45,8001 payoblo to the ordor of tho C1tYI
il requ1rod for oach bid to be eon8idored. If a chock 11 ulod it
mU8t accompany each bid. If a Financial suretr Bond il uled, it
mUlt be from an in8uraneo ccmpony 11eonaed to aouo luch a bond 1n
tho stato of Iova, and ouch bond muat bo 8ubm1ttod to tho Ilauor
or itl F1nonciol Adv1.or pr10r to tho oponing of tho bido. The
F1nano1al Surety Bcnd mUlt 1dont1fy ooeh bidder vhole DopoD1t i.
guorantood by lueh Finonc1al Suroty Bond. If tho Bond. aro
avordod to a biddor utiliz1nq 0 Finono1al Surety BondI then that
purchaler ("Pureha8er") il roqu1red to lubm1t 1t8 Depol1t to th8
I80uor or lt8 Finonc1al Advioor 1n tho form of a eoahior'a chock
(or viro tron8for 8uch amount os inotructod by tho I81uer or 1tl
Financial Advilor) not later thon 3130 P.K, Central T1mo on tho
noxt bUl1nol. day folloving tho avard, If luch Dopolit 11 not
roeoivod by that t1mel the F1nonc1al Surety Bond mar be drawn by
the Illuor to lat11fy the Dopol1t roquiromont, No nterolt on the
Depo.it will accruo to the Pureha8or. The DOp08it vill bo applied
to the purchaae price of tho Bondo, In tho event tho Purehooor
fa111 to honor 1tl ace opted b1dl tho DOP08it vill bo retained by
tho IlOuer,
Form or DIJJI All bidl Ihall be uncond1t10nol for on entin
illuo of bondl for a pr1ce not lell than 99,2 percent of par, plul
accrued intere8t, and ahall Ipoc1fy the rate or ratol of 1ntorolt
in COnformitr to tho limitat10n8 of tho following paragraph. Didl
muot bo 8ubm ttod on or in aubotontial eomplianeo with tho
offio1al bid form providod by tho Iasuor. Tho bonds vill ba
awordod to tho b1ddor offoring tho lowolt intorolt COltl wh1eh
vill bo dotorm1nod by aqqroqotinq any pormial1blo diocountl if
anYI vith tho intoroat payable by tho ISluor ovor tho lifo of tho
bond. in aceordaneo vith tho term8 of ooeh bid prolontod, and
deduoting thoro from tho promium, if onYI Itipulotod in 101d
prop08al,
Ratol or Intoros~1 Tho rato8 of intorelt Ipooified in tho
biddor'l propolal mU8t conform to tho limitations follovingl
1, All bondl of each annual maturity muat bear tho lam8
intorolt rato,
II
!
2, Rato8 of intore8t bid mU8t bo in multiplol of
ono-eighth or one-twentioth of ono porcont.
-2-
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], EAch rata of Intorolt Ipoolflod for bondl of ony annual
aaturlty Ihall not bo 1001 than a rato of Intorolt
Ipoolflod for any oorllor maturity,
~I Tho bondl wl1l bo dollvorod to tho purehalor
throu9h OTC In /low Yorkl /low Yorkl 0901nlt full payaont in
illodlato1y aval1ab1o cooh or fodoro1 fundo. Tho bond I aro
oxpoctod to bo do11vorod withln thirty daYI aftor tho 1010,
Should do11vory bo do1oyod boyond 11xty daYI from dato of la10 for
any roo Ion oxeopt fal1uro of porformaneo by tho purcholor, tho
purehalor aay wlthdrow hl1 bld and thoroaftor hlD intoroDt In and
liobi1ity for tho bondl will coooo. (Whon tho bondl aro roady for
do11voryl tho Illuor may givo tho lueeoDlful blddor fivo worklng
day I notieo of tho do1ivory dato and tho Illuor will oxpoct
poyaont in full on that dato, othorvllo rooorvlng tho rlght at Itl
optlon to dotormlno that tho blddor hOI fai10d to comply with tho
offor of purehooo.)
~cato of Purchaser I Tho Purcholor of tho Dondl will
bo roqulrod al a eondltlon of tho Dolo to oxocuto and lubmlt to
tho Illuor withln 15 dOYD of tor tho do to of 10101 0 cortificato in
a fOri latilfactory to tho Illuor 01 to tho inltla1 offorinq prieo
of tho Dondl to tho pub110 (not inc1udinq bond hOUIOD and brokorl
or 11mi1ar porlonl or organizations acting In tho eopaclty of
undorwritorl or who1ola1orl) at which prico a lubltontia1 amount
of tho Bondi (not lOll than 10\ of ooeh maturity) woro in fact
101d, and eortifyinq that tho pricoo ora not qroator than al Dhown
on tho Cortifieoto and that tho prieol aro not unrooDonob1y low,
~Ol Statementl Tho Offioia1 Stotomontl whon furthor
lupp1omontod by an oddondum or oddondo Ipoolfyinq tho maturity
datoll principol amountll and into root ratol of tho Dondll ond any
othor intormation roqulrod by low or doomod opproprioto by tho
Illuorl ahall eonltituto a "Final Official Statomont" of tho
Illuor with roapoot to tha Dondsl oa that torm il dofinod in Rulo
l5c2-12 of tho Soeuritiol and Exehango commillion (tho "Rulo").
Dy awording tho Dondl to any undorwritor or undorwriting Iyndieate
lublitting an Offioiol Bid Form thorofor, tho Illuor agroel thotl
no loro than lovon (7) bUlinoss days after the dato of lueh award I
it Iholl provido without COlt to the lonior managing undorwritor
of tho Iyndicato to which the Donds ore owordod up to 100 eopiel
of tho Otfioial Statement and the oddondum doscribed in tho
proeeding lontenco to pormit ooeh "Participating Undorwritor" (oa
that torm il dofinod in the Rule) to comply with tho provilions of
lueh Rule. Tho Iaauor ohall troot the aonior managing undorwriter
of tho Iyndicato to which tho Donda ore awarded 01 itl designatod
ogont for purpoool of distributing eopial of tho Final Offioial
Stotolont to each participating Undorwriter, Any undorwriter
oxocuting and delivering an Official Did Form with roapoct to tho
Bondi agraoa thoroby that if ita bid is oceoptod by tho Issuorl
(i) it Ihall aeeopt such designation and (ii) it ahall entor into
a contractual relationship with 011 Participating Underwritorl of
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.."O*tI'''h''~ Dtl~' 0l1l0\
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tho Dondl for purpoo'l of 01lurin9 tho rocoipt by .ach lueh
partioipatin9 Undorvritor of tho Final Official Stat..ont,
CUSIP Humborll It il antioipat.d that CUSIP nuaborl vill bo
print.d on tho bondi, In no ovont vill tho Illuor be r.lponlibl.
for or Bond Counlol r.vi.v or olCproll any opinion of tho'
corr.ctn'll of lueh nWlborl1 and ineorr.ct nuaborl on laid bondl
Ihall not be CAUl. for tho purehal.r to rofu.o to accopt d.liv.ry
of laid bondl.
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...... ... .......... .......... ...... ....
1110,000 \." UO.OOO 4l0.ooo ........ Ol'''''''tS
mD,OOO ,." "MOO I,IDMOO ........ 01'11II-91
lnD,ooo I." 'IMOO 1,011.000 ........ 01."."."
1110,000 4." I,IIMOO I,nuoo ........ 01."."." I
1111,000 S." I,m.no 4,U"'SO ........ Ol',M'"
Illl,ooo .." 1,III.no ',OIS,ooo ........ OI',M'"
1111,000 ,." I,m.no ',TN. no ........ Ol',M'"
1111,000 I." I,"'.no ',"'.SOD ........ 01',M'~
1111,000 ,." ',ltl.no ","I.no ........ 01,,,,,,,1001
1111,000 10." ',Ill. no l4,lIt.OOO ........ OI',M'lOIl
.......... ..........
>>,110,000 14170.00
'.14
101 1"1 IhMlll,IlI,ltO.
lIN 1111 por "11111, In lIOII'dotl""'" lldor
In ..IlIpl" el 11111 lllO el II.
Ionle "1111" In l~ telll ~ 1/lII1~ltIll1r lie ""able III "1m
I/lII "" Inlelfll POl"Ofll elm l~r..llor 01 poI.
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Memben oflbe Oly Coundl
10.10ly,I0.1
Memben oflbe Coundl:
r'llltbe pllndl"'lllI\OUnl 01 S~ (knelll ObUpllon Bonds, Itplly Iuued and u dMlbcd In the Terms 01
OIle.ln" ''0 ~b S (nDllw Ihu S2,32I,28O) plus lCUIled Inkrnt on Ihe IO!.II
p.lndp.llolS 10 dale 01 delilery, provided IIlc ObUptlons bell the 101lo'lo{n.InIeIUllllel:
SlIe Dak: AUJlllllO, 1991
Inlual InleRSI
I Yw Amww ~ Yw AmlllulI ~
)
I 1993 S2~ -" 1998 SW,lXXI -'"
1 1m 2JO,lXXI -" 19'J') W,lXXI -'
i
I 1995 2JO,lXXI -" 2lXXI W,lXXI -~
I 19?6 2JO,lXXI " 2001 W,lXXI -~
,
-
, 1997 W,lXXl -" 2002 W,lXXI -~
, .
,
,
The ObUptJons mature on June I, In (leIl or tbe )fm II Indlaled abo\'O and Inlemlls p.I)1ble June I, 1992, Ind
ICmbnnuaUy lbelelnel on June lanel December 1 01 each )fl/.
In malln,lbls ollel, ''0 Im:pllbe lCllllland rondlllons II denned In the Telllll 01 OIIelln. publbbed In the Ollkbl
S!.IlCmenl dated AUJusl 6, 1991, All blank Ip.lctl 01 Ihls oller Ire Inlenllonal and ale n0110 be construed.. an
omlulon. Our IOOd lallh dcposllln lbe amount 01 S~ 1111 been or lIiU be lubmllled In Iccordance .ilh Ibe
TC'IIII olOllellri,.
.._______t
NOT PAATOPTIIIS DID:
RupcClIuUy IUbmllled,
I!JpbllllOry NOlC: Amlrdln.1O OUI rompu!.Illon,
thli bid InI'OhfS tbe rolJo\\ina:
S
Nellnlelnl CoIl
Amlunl~llnalCl
RC11nlClC11 Rale
"
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(A 1111 01 accounl memben II on the rCI'C11C aide 01
Ibis propollL)
I '
.......... ..... .t........ .... ..,.. '.1. ".., .... ......... ...... .f. I"
Tho lore JOin. olru Is hereby Im:pled by Ind on behall or the Cfly 01 10Il1 Clly,lOII1,lbls 20th dlY 01 AU,UJt,I99I.
I
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I bmby IcknOlllcd.e Icctlpl 01 Ibe abOl'CodeKllbed ,ood lallh check
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Membe/l 01 lbe Oly Coundl
IOIIJ Oly, IOIIJ
Membe/l01 IIIe CoullCil:
r'llllbe rl\nd~llmouOI 01 Sl,MO,lXXI OcllClal ObUplloo BondI, IcIJUy b1uc~ Ind II ~CiCflbc~ In Ihe Terllll 01
OIfe,ln,. .c.iII~7 S (nollcu IhJo Sl,321,llD) phlllcaued Ilumll 00 lbe lOul
rl\nd~1 01 S~ 10 ~11e 01 dclilcry, plU\lIC11I11e ObUpl101ll bell the IOno.!lI.1n1e1C11111cJ:
~Ic Dale: AU,1I1\ 20, 1991
10IClal 101CICII
rut AmlIlW ~ rut AmwW ~
199) S2~ -" 1998 SW,lXXl -"
1m 2$O,lXXl -" 1999 W,lXXl -'
1995 2jO,rol -" 2(XX) 215,lXXl _I
1996 2jO,rol -" ZOOI 215,lXXl _I
19'17 W,lXXl _'Ie z002 W,lXXl _It
-,--.--.----.,-.,.------.-...--,----.----.- ' \ -
I
't1le ObU,JIIoIIIIll.lIIIIC 00 JIIIlClI,IA cuh 01 Ihe )fln u IIl4IlalCd abolc Ind IAlClnl \I f'J)Jblc Juncl, 1992, lad
ICmlmUJUy IllelClhe, 00 JullC land December I 01 elch )ell,
10 III.lkln,lhla OIlCI, 'c ll'CCpllhc ICIIlIS Ind condlllolll u ddlMd In lIlo Ternu 01 OIfc,lJI, publlthcd In lhc 0IIlcb1
SIJICmcol dJlCd AIIJI!lI 6, 1991. NJ blaok I~ca 01 thla ollel Ire 1nIC01101lJ1lnd Irc 110110 be collluucd U In
ombllon. 0II11ood IJhh depoallln lbe lmollnl 01 ~ hJl been 01 .iII be lubmllle~ In ICCllI~11lC'C .1th lhe
Te'lIII 01 OIIellri..
------ -_.~-'---,~-,-
,
NOT PART OP TI 115 DID:
Rnr<<'IIIUy IlIbmlllCd,
I!.IplallJlOry NolC: ACCllldln.1O OU, complllJlloll,
Ihll b~ Inwllalhe lo1lo'lolnJ:
S
NellolClal CoIl
AmlIlOI toIlllJCCI
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(A iii 01 ImllIOI memben II 00 lhc IC\'C/IC Ilde 01
lhla rlopouL)
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NellolCrellllllC
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Tho loreaoln, oriel II hercby ICtCrle~ b71nd 00 behlllollhe 01701 10\\1 0ly,I0'/01,Ihla 20Ih dl701 AII,IIII,19'.l1.
! I I hClCb71cknOlllcdcc re(tlpl 01 Ihe IboI'C-deKflbed aood IJllh check
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Me.nof!he Cll)'CU1IIK11 Sale O"e: AUJ1I112O, 1991
1000J ClI)', 1000J
Memben 01 !he CU1IIKit
11lr !he ptUldl"lllIlOUnl 01 S~ OcIl(III OIiUpWi &o.I~ kpUy blued la.las desnlbcd IAlbe Terms 01
0Ik11A.. ,.,,.iIIp.11 S (1lOl1cu WD Sl)11J801 plus leaved IAIC"" on II\e lOul
prllldp'1 01 S~ 10 !hie 01 del/lc'1II'1\J1~ 1M OIiUplJlAl beu !he IobUl' IlIlCrul nICS:
IDICICi' InlelCil
~ AmaIAI BaI& ~ AmaW ~
199) S2<<l,OO) -' 1M SW,lXX) -"
1m 2jO,lXX) -' 1m W,lXX) -"
1995 2jO,lXX) -' 200J W,lXX) -"
1996 2jO,lXX) -'" :1001 W,lXX) -"
1997 W,lXX) -' :IOOJ W,lXX) -"
.
.
The OIiUpllollllllllule 01 JUIIC I, III Cltb oIlbe )un as IlIoIblClllbOl, la.lIlIICIU'II p')lble JUIle 1,199~ Ind
1CIIlllllAuaUy !helullcl 01 JulIC 11114 D<<cllbet 101 cl(b )fu.
ID IIlIUa, ,.11 off(/,'" Imptlhc 1C11III11I4 coodllkllu II dellAc4ll1lhc Terllll 01 OIIerlll, publbhcd lAthe 0IIIdI1
SUlCllICnl c1JlCd AU.P" 6, 1991. All bllDk lpam 0111I11 o/fcl Ire IlIlCnlkllllllad IIC DOl 10 be IOftll/ucd as In
omlllm. CuI &OOd IIIl11 dcpoIlt IlIIhc 1/lIOIIIl 01 S46,IXI1ll1 been 01 ,.i11 be lubmlllCd IlIICt'Ordlnce ,.llb Ibe
Trlllll 01 OIIC1fli..
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NOT PART OrnJlSDID:
RnJ1<<llllUy lubmlllCd,
Muvnl Malllltl
1!Ip1l1ll1Ory Note: ,\tcotdlll. lO OUI COllll"lIl1ol1,
11I11 bU IMlla Ihc 1ob1ll~
S
NCllnlClnl CoIl
(A Ibl of ICt'Oun. memben II on 11I0 l"enG Ilde 01
lbll propollL)
III
"'NCllnlCICi' RIle
'4
....................................................................
The IorclOlII,olf(/ IIllcrcbylmplCd by 1114 on bebaUollbe ClI)'0110ll1 Clly,I0ll1,III11201b dl101 AUIUlI,I99I.
Illcrcby IckftOllkdae Imlpl olllle lboIe4cl(flbcd &ODd 1IIIb (beck
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AuguH '0 I 19U
Acttng
Tho/F1noneo D1roctor or Iova C1tr' loval lot 1n tho coun011
Cholborl, C1v10 Contorl 410 Ealt WOlh n9tonl Icvft CitYI Ioval at
IN\() o'clock noon I on tho abovo dat~, to opon loalod bidl
roeoivod and to rotor tho 1010 or tho bond. to tho bolt and mOlt
favoroblo b1ddor ror calhl lubjoot to approval by tho City ccuncil
at 1"0 o'olock .L,H. on tho obov. dat~,
Tho follov1n9 porlonl voro prolont at laid 100t1n91
il
K~vln O'Hall~y. Actlng.fJnanc~ Dlr~etor
DavId Dlrk~. [Y~n~~n Dodg~
-H4cl4n..K. Km. CI.1UJuk
........
-,-
I"LUJ,n.~!T, 'I" lIU"II'I~lt lymlllLLNt rr.
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Thil boinq tho tllo and plaeo for tho oponinq of bldl for tho
lalo of $213401000 Ellontial Corpora to Purpolo Oonoral Obliqation
Bondi, tho lootinq val oponad for tho roeoipt of bldl tor tho
bondi,
Soalod bids voro filod and liltod in tho linutol while
unoponod, al follovl'
Nama , Addrols ot Dtddorll
Crlffln Kubik .t II ChlcIIO
Harris Trust Chicago
Piper, Jaffray Hlnneapolls
laS.lle NatIonal Bank ChIcago
LeMian Bros, ()r,aha
Dean WItter Chicago
United Hlssourl Bank Kanm CHy
Clayton Brown Chicago
First Wisconsin Hllwaukee
Kemper Securities Chicago
!fIC S
e'r~s
816,932.70
822,868.75
B23,391.88
826,316.05
826,584.03
826,624.75
828,4B9.09
830,700.62
842,700.23
I
HIR
--r.mr
5.6B49
5.7262
5.1299
5,7502
5./521
5,1524
5.7654
5.1807
.5.8643
Whoroupon tho Flnonco Diroctor doolorod tho tilo for fill"9
of aoalod bids to bo oloaod.
Whorouponl tho Flnanco Diroctor doolorod tho aoalod bidl bo
oponod. Tho loalod bids voro oponod and tho bost soalod bid vaa
ID follovlI
NOlo' Addrols of Biddorl Griffin, Kubik, Stephani & ThoIIpson, Inc,
Not Intoroat Ratol
Not Intorost COltl
5.6612
$813,521,45
Whorouponl all bids voro roforrod to tho Council for aotlon
in oceordanco vith tho Notleo of S~lo.
-6-
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Counoil Hambor Llrson introdueod tho tOllowing
ROlolution entitled "RESOLUTION DIRECTING SALE OF $2,3401000
ESSENTIAL CORPORATE PURPOSE GENERAL OBLIGATION BONDS I " and loved
ita adoption. Counoil HOlber Courtney locondod tho
lIIotion to adopt, Th. roll val called and tha vote vall
AYESI Kubby, Larson, McDonald, NovIck,
Mbrtseo, Courtney, Horowitz
NAYSI Neno
Wharoupon, tho Hayor doolorod tho following Ralolution duly
odoptodl
RES. 91.205
RESOLUTION DIRECTING SALE OF $213401000 ESSENTIAL
CORPORATE PURPOSE GENERAL OBLIGATION BONDS
,
WHEREAS, purluant to notico a. roquirod by lavl bid. havo
boon roeaivod at publio oalo for tho bondl doocribod 01 tollow.
and tho bolt bid rocoivod il datorminod to bo tho followingl
$21340 1000 ESSENTIAL CORPORATE PURPOSE GENERAL
OBLIGATION BONDS I
Biddorl Grlrtfn, Kubik, Stephens & of Clllmo
Thompsonl Inc.
tho tarms of la d bid beingl
PrIce of $2,321,332.30
NIR of 5.65121
Hie of $813,521.45
NOWI THEREFORE, BE IT RESOLVED BY TilE CITY COUNCIL OF TilE
CITY OF IOWA CITYI IOWAI
Sootion 1. That tho bid for tho bonds 00 obovo sot out il
haroby datarlllinod to bo tho bast and 1II0St fovoroblo bid recoivod
andl said bonds oro horoby awordod boood on Boid bid,
Soction 2, That tho statolllont of inforlllation for bond
biddorl and tho form of controot for tho 0010 of Boid bondl ora
horoby approvod and tho Hayor and Clark oro outhorizad to oxocuto
tho lalllO on boholf of tho City,
-7-
\lIllk'OIm,I'~UIUIlII.\\lIL'~mll\UIIlL":
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RES. 91.205
Soction 3, That the notico of tho 1010 of tho bondl hereto-
fore 9iven and all actl of the Finaneo Diroctor and City Clerk
dono in furtheroneo ~f tho lole of eaid bondl ore horeby ratified
and approyod.
PASSED AND APPROVED I thlo ~Oth day of AUQUSt
1991,
~ ~b1w- eQ
ATTEST I
7J1".u~..J .# ./Ia,uJ
Clorr
-8-
AHLLk\ OI~nlJ*'III.lk Illlllt ,~rrnl AWIlt rr.
an~''''LM Dlltr.lOfrltlOlllA
I'
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n / q E/ .-/
ct, .' .
/IQI IVIIIflQC TUlCD'I!II '/Ill I I-IHl
MDlS lAl rIR110 101/0 IA
I, ....'
lun," I
COin Ul
3Im~o~GtI. .
P,lllJ
fbl. ~OI tho tlo. .04 pl... tor tho opt.101 ot~ tor tho
.'1, of '21~.O~OOO !..Inti.l Corporlt. PUrpoll alnlrti Ob1i91tion
londl, the .1. i"9 VII oplnld tor thl rlollpt ot bl i tor thl
bond.,
'l'lld bid. frl tl11d and li.t.d In th..l t.. whl11
unoplnld, a. toll0~ .
I
\
L
I
i
Wh.rlupon the ,ln.nol Dlrl
ot ...1Id bid. to be alo'ld,
Whlrlupon, thl rinancI D lotor dlollrl thl .,.1Id bid. be
oplnld, Thl ,011,d bid. Wlrl op.nld Ind thl It .1.lld bid V.,
.. toll ow..
Ha.1 , Addrl.. ot 81dd f.
\
Hit Int.r..t Ratl'
Hit Int.rl.t COlt.
Whlrlupon, 111 bid. r. rltlrrld to the Counoil tor action
In looordanOI vlth the Notlcl or 8111.
.a-
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I
,
J~/;
n ICfEIEI
" .
. .
Il(V rml2lOC TlUCIJIIIlI 'I'I1l I "'H' 1II~,," I
MDIS IA4 r'lltt 10 "'110 III
"m Dt
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P.."
,I
I
Counoil Hllber introdllCa4 the tollovin9
R'.olution .ntitled IAESOLUTION DIRECTING IALI 0' 12,340,000
IIIIHTIAL CORPORATI 'UUOII OElfZRAL OILIGATION laNDI,' and lov.d
it. adoption. Council H'lber / ~ "condld thl
lotion to adopt. Th. roll VI' clllld Ind th./vot. VII,
AYIII I
NAYI,
/
Whlrlupon, thl Kayar d ollr.d the tollovift9 AI.olutlon duly
Idoptedl . I
RESOWfION DlalCTIN SAlol or U,340,000 USENTJAL
CORPORATI PURPOSE C IAAL OIlLlCATION BOND'
WHIREAS, pur'uant to notic.". required by lav, bid. have
bI.n r.c.iv.d at pUbllo .al. fo~~tb. bond. d..orlbtd II follow.
Ind the b..t bld r.c.ivld i. d.t.tlin'd to b. the tollovlft91
U,340,OOO .'SEHTIAL CO / R.U~ PURPOSE CIHIRAL
OBLICATION BOND81
lidd.rl
the ~.n. of IIld bid beln/.
/
/
/
NOli, 'J'IfIREFORI/8E 1T IlIS0Lvm IY 'nil Cl \ COUNCIl, or 'nil
CITY or 10NA CITY, ~OWAI \
s.ction 1. That thl bld tor the bond. I' above ..t out 1.
h.r.by d.t.nln.d to bI the bl.t Ind 10.t flvorabl. bid r.c.iv.d
and, ..id bond. Irl har.by IVlrd.d ba..d on .ald bid.
S.otlon 2. That the .tat'l.nt ot intonltlon tor bond
bldd.r. and thl tora of oontraot tor thl .al. ot .aid bond. ar.
hlr.by approv.d and the Kayar Ind Clark Ir. authoril.d to .x.cut.
the .... on b'halt ot tha City.
-7-
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Il(V IVlllIIlCc TUlCIJII Clt '1'111 I 0-1 H' III ~ I
MDlS IA4 r'lltt to ,.,110 IA
"In 1Uf
il
Jl~UC09I'lD
".10
I.otlon 3. That thl notlc. of the Ill. at the bond. hlrlto-
fori 91v.n and 111 lot. of the 'Inane. Dir.otor Ind City Cl.rk
don. In furthlrlnc. of thl '11. of .Ild bond. Ir. h'l'lby rltlfild
Ind Ipproved.
ATTI8TI
PASSED AND APPROVED, thll
UU.
day ot
Klyor
C Irk
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,
.
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"
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Il(V IVlllIIlCc TUlCIJIIClt '1'111 I .. 'H' 11l2lA'l I
/fURS IA4 r'lltt ta 1t)1IQ IA
"ITT Dt
". .
~1~e~DHI. .
"".
fbl. beln9 the t I Ind pllc. for the OPlnlnJ. of bid. tor the
.11. of '2,340,000 E. entl11 Corporlt. Purpo.. O. 'fll Obliqltlon
Bond., thl 1..t1n9 VI op'n'd for the r.o.lpt of idl tor the
bond..
'.Il.d bid. V.rl til'd and l11tld In the . nut'l vhl1.
unop.n~d, I' follov'l
1
~. ~- ~~ r~
I
I
!
,
; .
wh.r.upon the Plnl 'Dire tor d.ollrld the til. for filing
of 1111'd bldl to be cl "d.
Wher,upon, the , nanc. Dir.c or d.olar'd the IIlled bid. be
,Opln'd. Th. ".lld ld. vir. open d Ind thl be.t '.Il'd bid VI'
I' fOllow..
NIII , Addr, I of 8!ddlfl
Net Inte~(~ Rat'l
Nit In~rllt CO.tl
Whlr.~pon, III bldt Vir. r.t.rr'd t the Counol1 tor lotion
In "'~.n.. wltb tho ..tl.. .t ,.1.,
....
.e.
,
/i/t3
.
.
..
'I
1
-~
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n 1 q (I 'I
,
, . .
lI(V IV IllIIOC TIUCIJII Clt '1'111 I .., H' '" ~lA'l I
MDIS IA4 r11tt to It)ltO III
'\ '
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,.,."
Counoll Kllber Introduced . tollovin9
R"olutlon .nt tlld IRESOLUTION DIRECTING .ALI 0' ,a 340,000
181IHTIAL co RATI 'URPO.I GENERAL OBLIGATION BOND ,. and loved
ltl Idoptlon. ounoll H.lber ..oondld thl
lotion to adopt Th. roll va. Clll.d Ind the vo val,
AYIII
NAYII
Wh.rlupon, thl yor d.ollr.d I tollovln9 Rllolutlon duly
adopted I
RESOLUTION D RICTINO S or $2,340,000 ESSENTIAL
C:ORPORATI P POSI Gill OIlLICATION BOND8
WHIREA8, purlulnt 0 not Ot II r.qulrld by lav, bid I have
blln r.c.lvld It publlo .11 tor the bond. d..orib.d II tollov.
and thl b..t bid r.c.lvl d.t.r.ln.d to b. the tol10wln91
'2,340,000 ISS!HTI CORPORATI PURPOSE CENtRAL
OIlLICATION BOHD81
Ildd.rl ot
NOli, IRErORI, BE IT RE80Il D BY 'nil CITY COUllCIL 0' THt:
CITY or 7 NA CITY, IOIlAI .
S'9tlon i. That thl bid tor hi bond. .. abovo lit out I.
hlr.b~~alt.raln.d to be the b.lt.n IOlt tavorabll bid ree.lvld
Ind, 'r14 bondl Irl hlreby aWlrd.d I.d on .aid bid.
S.ctlon 2. That the Itltll.nt ot intotlatlon tor bond
bldd.r. and thl tOri of oontract tor thl lal. ot .aid bond. arl
h.r.by Ipprovld Ind the Kayor Ind Cl.rk ar. authorla.d to IXlout.
thl '1.' on b.halt ot thl City.
-7-
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n 1 Cf cl e
"
Il(V IV IllOOII TUCCIJII Clt ?ll" I "I HI III m1 I
tH.DlS IA4 riFf! [(5 "'1/(5 IA
eean OJ4
~19~IIU
",13
,\
I
(j) IRlqi 11'1 .hall be the City Controll.r of JOVI
city tevl, 0 .uch .ucc.llor I' .ay bl Ipprovld by tllu.r I'
provId.d hlrl n Ind vho Ihall c.rry out thl duti.. pr..crlbld
hlrlln vith r .poet to ..intaining a rlqlltlr ot thl ovnlr.
ot the bondl. Unllll othlrvil. Ipaclt ed, thl R.ql.trlr
.hlll 11.0 act I' Trln.t.r Aq.nt tor . bOnd.,
(k) IRlp Ilntltion Llttlrl a 11 1.ln the
R.prl..ntltion tt.r tro. the Clt Ind the Payinq Aq.nt Ind
Rlqiltrar to Dr v1tb rl.p.ct to I Ilond.,
(1) IT.x I Ilptlon C.rt1t atll .hall II an the T.x
EXI.ption clrtltl atl .xlout.d y the Trlllur.r and d.llv.r.d
It the till ot 11 uanc. .nd d iv.ry ot the Bond., Ind
(I) ITrlllur I .hall I.n the City Tr.l.ur.r or .uch
other ottlolr II .h 11 IUC Id to thl ...1 dutill Ind
rl.pon.lbllit111 vit r..p' ct to thl r.cording Ind ply.lnt of
the Bondi i..u.d hlr und. .
81ctton 2.
tA....lli..llW .
(I) . Thlt tor thl PUrpOl1 ot
provldlnq tundl to y t I prinolp.l Ind lntlrllt ot the
Bond. hlr.inattlr ~ thor I.d to beilluld, th.r. II hlrlby
1.vild tor ..ch t turf y. l' thl tOllowinq dir.ct InnuIl tax
on allot the tax bl1 pro rty In IovI City, Iova, to-viti
L YEAR (JULY 1 TO JVlfE 30)
I
I
1
.
i
1
AKOUll1'
1992/UU
19n/m4
1n4/1U5
nn/191&
19U/1U7
1U7/m.
me/U"
"'/3000
000/2001
3 01/3003
(NOTEI For .xampll thl llVY to bo I'~I .nd e.rtifl.d aqaln.t
thl t x.bl. vllu.tion. ot J.nu.ry 1, 1991, vil1 b. ooll.ot.d
dUd1. the tlaoal y.ar comm.noing July 1, 1992),'
(b) ~.801ut~~o bl r~th county Aud11gt. A
o.rtlf1ld oopy of th . RI.olution .hould ba flloa-vIth thl
county AUditor ot Johnlon County, Iova, and ..1d Auditor il
h.reby in.truotld in Ind tor I.oh ot the Yllrl .. provld.d,
to llVY .nd .1.1.. the tax horlby .uthorll.d in I.ctlon 2 ot
-11-
It/IJ
n / (I (I ~I
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Il(V IVlllOClc TtUCIJII Clt 'I'I1l I "15-91 III m1 I
,
tH.Dl9 IA4 rtlfl ItS tOlltS IA
CC ITT 1SJ4
~I~II"
P.lS
\
the .on.y. .1'1 rlquir.d tor payaent ot principii ot or int.r'lt on
the Bond. II hlr.ln providld.
alation e.
.'
(II ~. Gln.r.l Obll91tio Bond. ot the Clty
In the lIount r $2,340,000, .hal1 b. I., d pur.uant to thl
provl.ion. ot Iction 384.25 ot the clt Cod. ot Iowa tor thl
ator...id p CII. Th. Bondi .hll1 b. ..lgnat.d "CENERAL
OBLIGATION BO D", b. datld Slptlab.r , 1991, Ind b.ar
lnt.r..t trOD th. date th.r.ot, unt plymlnt thlrlot, It the
ottic. ot the aying Ag.nt, I.ld I .r..t payabl. on Jun. 1,
1992, Ind Ilai nnullly thlreatter on thl lit day ot Dlclmblr
and Junl In.a y.ar until .at ity at th. rat.. hlr.lnatt.r
provided.
Thl Bondi . III bl Ixec tld by the .Inual .ignatur. or
the Kayor and at Ilt.d by . ..nual .ignatur. ot tho Cl.rk,
and l.prl.l.d vlt thl I' ot the City Ind Ihall be tullY
r'9iltlr.d al to th pr oipal and lntlrllt ae provldld in
thi. R..olutlonl p inoi aI, Intlrl.t and prllium, it any!
.hlll bl paYlbl. a ottlc. ot tho Paying Aqlnt by .a ling
or I ch.ck to thl r Itlrld own.r ot th~ Bond. Th. Bond.
Ihall be in thl din inatlon ot $5,000 or lultipl.1 thlrlor.
Th. Bond. Ihlll aa . Ind blar intore.t al tollow'l
Prinoit
lmoun
HatUrit{
.Tun. 1.
$240,000 1993
250,000 1994
250,000 1995
2'0,000 me
225,000 1997
220,000 1998
25,000 199'
5,000 2000
2 5,000 2001
22 ,000 2002
~(bl RldlmDtlgn. Bond. aturlng att.r Junl 1, 1"', may
be 0 11ed tor rod.mptlon by th I.lu.r and paid b.torl
aat rity on laid dlt. or any i .rllt paymont data
th,rllttor, trOD any tund. rlga 11'1 ot 10urcI; In whol1 or
f~61 till to till in part, In In r'l ordlr or .aturity and
within In annual .aturity br lot J91Vlng thirty day.'
notic. or rldllptlon by reg Itlrld ail, to tho regi.t.rld
own.r ot thl Bcnd. The tlfm'.ot r. .mptlon .hal1 bl par,
plu, accru.d int.r'lt to data ot oall.
zt 'Il.otion by lot within a .aturlty i. requir.d, thl
R.giltrlr Ihall by random 'Il.otion of thl n..I. or thl
.13-
1'1/3
n 'I q (I LI
~'
I EVENSEN DODGE INC
\1
REPORT Of BIOS
CITY OF IOWA CITY
.
S2.340.ooo GENERAl OBLIGATION BONDS (AAA)
AUGUST 20, 1991
222 Soulb NiAtIl SlRc~ SullI JaOO
t.lJDIIC'~lI. t.IH SS401
CI Jim,," IlXVJ2U2OO
PAle 61~7264
/qJ3 !
.,....,;...
"".."."..-..
- I cl CI' 5
Pi EVENSEN DODGE INC
To: Mayor A. John McDonald &
Ke~bers of the City Council &
City Manager, Stephen J. Atkins
From: David H. Dirks. Sr. Vice presldent~
Financial Advisor
SubJect: Report of Bids
At 12:00 noon today ~OJ , bids were received
on the Issuance of S2,J40;00~fgatlon Bonds. The
bids reflect excellent response from the underwriting community
and the low bid of 5.66121 submitted by ~r' KUBIK etlal
of Chlmo, illinois Is recocnnen e or approva .
We have been pleased to assist the City with this Issue
and Ite look fO/'llard to providing additional service In the
future.
IOOQlun Altft"!J!'!I' 215
DulololllC. fA ~
SUIl82-4ua
51 SIl82.02S2 Fu
"
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....,.. ...
.....
~ "'M
-II
.....
-...,.
.r..r-lIltoo
.....
c.....CA_
ftNUII
--~
fttllll\ll,.
II ........, ....
......
..,-CA_
IIUI..~
.u"un,.
'....0.,_
....
0l00M '" ..
~fII'
...
11Ift.,.
IlIK~...""
...""
""'1Il_
IIlt11_
,,"".,.
In.........""_
.....
U- II euI
,u"'.
.,..
IIIlII4IW'.
111I"'" loot
FwpIlDIIMI
_w.q
--
III"'..".
111....
.....
"""'TXIQl
IIWtINl
_III/
IIWt 11111.
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~
TABLE I: CWARATlYE LIST OF BlooERS
$2,340.000 GENERAl OBLIGATION BOHDS
AUGUST 20, 1m
$ 1
BIDDER ADDRESS HIC HIR
Griffin Kubik .t .1 Chicago 813.521.45 5.6612
Hlrrh Trull Chicago 816,932.70 5.6849
Piper, J.'fr.y Hlnneapolls 822,868.75 5.7262
LaS.lIe H4tlon.l B.nk Chlc.go 823.391.88 5.7299
LeUNn 8rol. Onah. 826.316.05 5.7502
De.n Witter Chicago 826,584.03 5.7521 ...-.....--.,..-
United Hlmurl B.nk Kansas City 826.624.75 5.7524
ClIyton Brown Chicago 828.489.09 5.7654
First Wisconsin Hlll/aukee 830.700.62 5.7807
Keeper SecurlUII Chicago 842.700.23 5.8643
HOTE: PREVIOUS SAlE DATA
I.) Datel 12/11/90
2.) 14t: $2.3DO,ODO
3.) Bond 8uye~1 Indel (8BI): 7.06S (8/20/91 · 6.88S)
4.) , Bldll 13
5.) Net Interest Rate: 5.991641 (United Missouri Bank of Kansas City)
/913
n 1 q cl '-I
.
,
!ii EVENSEN DODGE INC
'I
1
TABULATION OF BIDS
"
SALE DAm A\IIIIUo, IHI
Due: JYAe 1,Imt200Z
SpUlI: 10
Rallll~ _(J,loocI)"I)
0'1011...017,1...
S1JIO,OOl Ocncral ObUpllon Bondi
Bond Yun: 1070,00
'lice: NOlluJ llun S2.m,2!O
Dalc4: Scpttaber 1.1991
A~np We: 6.\4
881: 6.88
BIDDI!RS ~
CU YTON DROWN ol ASSOCIATES QJcaIO
Xw BIll XkIlt
1993
1994
1995
1996
1997
1998
1999
200)
2001
21m
rm
S2,323.463.40
t11C
828,489.09
H1B
5.7654
DeAN WJTI1lR RBYNOLDS CllIcaIO
sMml BARNBY, IIAARlS UPIIMI CllIcaIO
DI!AA S11L\RNS ol co. CllIcaIO
PAlNBWEBDER,INC. QJcaIO
1993
1994
1995
1996
1997
1998
1999
200)
2001
21m
rm
J2.325,396,60
~
826.584.0).
H1.8
5.1521
FIRST WISCONSIN NATLBANK MlMukco 1993
1994
1995
1996
1997
1998
1999
200)
2001
21m
rm
S2.321,280,OO
~
830,700.62
H1B
5.7807
\00 0luI1 ^"nucJ.SulII2IS
Del Moine.. IA )11m
S1S1181~13I
FAX S1S1181.0252
14301611
11/13
n 1 q cl EI
.
l'
BIDDERS AUwa :u.u lII.Is nut
ORlFt1N. KUBIK, mPlIENS 19'>> 5.30 rm
" nIOMPSOH,mC 0Ja,o Ill')f t.3O .llJlL.lliJL
1995 .30
19')6 .40
1997 5,50
1998 5,60 lG
1999 5.60 813,521.45
ml 5.60
2001 5.60
ZOO1 5.60
W8
5.6612
IIARRlS 'mUST AND SVOS B,\NK CIlIcl~ 19'>> rm
NORWESTINVEmIENTSVC:S Du~ olllu Ill')f JlJllJllJL
Boallllcn'l Na~ But SL Loull 1995
RUIn Sccurlllcl Cot Da Molllu 19')6
AIIlcllcln NalloDlI nit" TnIlI CIlIcl,o 1997
R.O. Dkklnson" eo. CIlIcl~ 1998 lG
Scculltlcl CoIJI o/Im Daollla 1999 ~
IIc/be" J. SInis" eo. Da Mollica ml
2001
ZOO1
........--..-.-..--.- W8
5.6849
KEMPER SI!CURITIES OROUP CIlIcl&o 1993 rm
1994 .$2,321.736.65
1995
19')6
1997
1998 ~
1999 842.700.23
ml
2001
2001
W8
-LWL-
LaSALLB NAnONAL B,\NK CIlIcl&o 19'>> rm
NORn/ERN SEMmES CORP CIlIcl&o 1994 ~
IIl1TCIIINSON, SIIOCKIlY, ERLIlY CIlIcl&o 1995
19')6
1997
1998 ~
1999 823,391.88
ml
2001
2001
W8
5.7299
11101.,
/q/3
n 1 q cl q
. . 0'
l'
D1DDl!lU ~ :au B11I XiY
LEIlMAN DRonlERS Onuu 1m rm
19'}4 S2.326.536.45
1m
1996
1997
1998 ~
1999
200J 826.316,05
2001
2002
wa
5.7502
PIPERJAFFRAY", IIOPWooD Mlnaurc:1lt 1993 rm
Roben W. D.llrd MlIw1u co 19'}4 $2.328,885.00
Moo,e, Juran II Co. MlIlnupollt 1995
Dou~c~awklns, S('lnd 1996
'" IIC Mlnnclpollt 1997
Amulan Nlllonallllnk SLhul 1998 we
1999 822 .868.75
200J
2001
2002
wa
5.7262 -
UNITED MISSOURI DANK Kansas Clry 1993 rm
19'}4 JL329,1I9.00
1995
1996
1997
1998 we
1999 826,624.75
200J
2001
2002
WR'
5.7524
mOlln
/1/13
- I:' [I [I [I
-
Il(V IVI~ InlCO'IEIt 'lIlll I o-zo,,91 IIlllJ'11'
sm iYI I NO-II I \21" I
J30?26.44
EVENSEN OOOOE~
I,Ju,OOO 'ntll Otlflllllll ...
IllY tf 'M IllY, 1M
.-
........,'L........
tm 1Il'/IClICIIMI
.......'.....1'.,....
Nil m~"Al. co..o. IlIIllII HI'CD lO1A1. "1tAl. lOlAl.
........ .............. .......... ,............. .............. ..........,...
'/1", N,.n.1t H,'Tl.1S H, "Ioat I
11/'", 6',01',11 M,'U,II UI.Ofr.1l}
., '''' 110,000,00 "'0??oo 6',01'.11 101,01'.',
tl/ 1M sr,""" sr,,,'.1O
., '1M bO.ooo,oo ',J40000 17,"'.11 SO'.",.II "',I1MO
II/ 11M 11,"'.11 11.061,10
., 1m 11'.000.00 ',J40000 11."'.10 101.061,10 11I,12',00 .
II/ tm ".ur.1O <<,m.1O
., tIN 110.000,00 "'0??oo <<,41,.11 ",,41',10 1II.1l'J,OO
III tIN .... "."'... "."'.10
" 1m 11t.000,oo S'.""" I"."M' JQO,''''oo
'II 1m It, SIa. 00 SI.SOO,OO
" IIN IU.OOO.OO "'0??oo ",SIa.OO IU,SOO,IO laI,OOO.1O
11/1'" ID.OOO.OO b,JOB.oo . 1S.100.00
., 1m '.'0000I l5,roo.oo ISO,JOB,IO 111,400.10
III 1m lI,fOO.OO lI,fOO,OO
11"1 lIS,OOO.oo ',tooOOO lI,fOO.OO 141, fOO.1O ''',000.00
I tll 110 11,600.00 11.600,00
II II I nt,OOO.oo '.'0000I 11,600.00 "',600,00 ISO,IOO.OO
III II I ',SIa.OO ',100.00
" 1/1 IIS.OOO.OO '.'0000I ',100.00 n"SIa.OO 117,600.00 .
.............. .............. ..............
AlW. '.140.000.00 "',"U' S,I14."U'
',SlO,OOO.OO ",..tI.1t S,I",II""
.............. "'''''1'''''' ............1.
.
"'" "I'" .,01 ""wry II " 1"1
Iq '14ft 14.170.000
A",... CaC*I J,Ut".
A"'... UP. '. ,u~
II I . '."114" 11I11'1 ",104,*
',.,ett4 ~ IYlIllIll DodII. 111I.
.11. "'10""1 1 1!1MIst rIllLlll(I lAm, QYllO
. "
II
"93S6!lC09/. Z
mm500111 2
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t-, I:' 0 [I . I
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I'
Council Kembor Larson loved that tho tOl1l of
Tax Exolption Cortificate bo placed on filo and approvod.
~z lecondod tho lotion. Tho roll wal callod and
tho voto vu,
AYESI JillL Lmon. I\tDwJd. Hovld.
.6mb!!sco. Courtney. Horowltl
NAYSI jone
Counoil Kelbor Larson introducod tho
following ROlolution ontitlod "RESOLUTION AUTIIORIZING AND
PROVIDING FOR TilE ISSUANCE OF $2.340.000 GENERAL ODLIGA'l'ION DONDS
AND LEVYING A TAX TO PAY SAID DONDS" and lovod that it bo adoptod.
Counoil KOlbor Horowitz loconded tho motion to
adopt, ond the roll baing colled theroon. the voto wal os followl'
AYESI KubbY. Larson. HtllolWd. Novld,
~..tDurtney. Horowlll
NAYS I None
Whoroupon, the Kayor doolarod loid Rosolution duly odopted al
tOllOWl1
RES. 91.206
RESOLUTION AUTIIORIZIIIG AND PROVIDING FOR TilE
ISSUANCE OF $2,340,000 GEIIERAL OBLIGATION
BONDS AND LEVYIIIG A TAX TO PAY SAID BONDS
~IEREAS, tho 10luor il duly incorporatod, organizod and
existl undor and by virtue of tho lavs and Constitution of tho
Stato of Iowo, and
~IEREAS, tho Issuor ia in noed of tunds to pay costs ot tho
equipping of pOlico and tiro departmonts, tho construction,
reconstruction, oxtonsion, improvomont, and oquipping of works and
tac1litios usoful for the colloction of oowago and industrial
wasto in a sanitary mannor, and tor tho colloction and disposal of
surfaoo wators and stroams and tho rohabilitation and improvomont
of oxisting City.ownod parks, an assontiol corpora to purpose, and
it 1s daomod nocessary and odvisablo that Gonarol Obligation Donds
in tho omount of $2,340,000 be issuod for soid purposo, and
~IEREASl pursuant to notico publishod os roquirod by soction
384.25 of So d Codo, this Council hos hold a public mooting and
hoaring upon tho proposol to instituto procoodings tor tho
.9.
IIIUIIHu~n.l~lI'IIUM.H"'II.~rTIIIAlJ.lIltl'f.
I~/I/
6""""'Uh... 01...... OM
t-I I:' CI [I I~'
R!S. 91.206
I'
11.uanCI ot laid Bondi, and tho Counoil il thorotoro now
authorizod to procaod with tho i.luanco ot laid Bondi/ and
WlIEREAS, purluant to tho provilionl ot Chaptor 75 ot tho Cedi
ot Iowa, tho abovo lantionod bondl woro horototoro lold at publio
lall and action Ihould now bo takon to illUO laid bond I contor.ing
to tho torll and conditionl ot tho bo.t bid rocoivod at tho
advortilod public lalol
HOll, TIIEREFORE, BE IT RESOLVED BY TilE COUNCIL OF TilE CITY OF
IOllA CITY, 10llAI
Soot ion 1. ~. Tho tollowing torll Ihall havo tho
fOllowing loaningl in thil ROlolution unlol' tho taxt axprollly or
by nocollary ilplication roquirol othorvilOI
(a) "Bonoticial OWnor" .hall loan, whonovor ulod with
ralpoct to a Bond. tho porion in wholo nnlo luch Bond il
rocordod 01 tho bonoticial ovnor ot luch Bond by a
Participant on tho rocordl of luch Participant or luch
parlon'l lubrogoo/
(b) "Bondi" Ihall loan $2,340,000 Conoral Obligation
Bondi, authorizod to bo illuod by thil ROlolution/
(0) "Codo' Co." Ihall loan Codo , Co., tho nOlinoo ot
orc, and any IUCCOllor nOlinoo at orc with rOlpoct to tho
Bondi/
(d) "1IIuar" and "City" Ihall loan tho City ot Iowa
City, rO\l~/
(0) "Hotico of Solo" Ihall loan tho otfioial Hotico ot
Salo 01 publhhod on -AugUH 12 , 19jL/
(t) "participanta" .hall loan tholo brokor-doalorl,
banka and othor financial inltitutionl for which orc holdl
Bondi 01 locurltioa dopolitory/
(g) "Paying Agont" Ihall bo tho City Control lor, or
luch IUCCOllor 01 lay bo approvad by Illuar al providad
haroin and who Ihall carrr out tho dutial prolcribad haroin
al Illuor'l agont to prov do fcr tho paymont of principal of
and intaralt cn tho Bondi 01 tho lalO Ihall bacOIO duo/
(h) "projoct Fund" ahall lann tho tund roquirod to bo
oltablllhod by thil ROlolution for tho dopoait ot tho pro-
coodl ot tho Bonda/
(i) "Rabato Fund" Ihall loan tho tund 10 doflnod in and
oltablishod pursuant to tho Tax Exolption cortificato/
-10-
III1Jl\r.II^!I 1'~I"Llkllll\IU~nlll~1JJ1(t1't
,tnow""~,, IU~,OM
J~/~
n I~' D 0 ~I .
IUS. 91.206
,\
I
.
(j) "Rogiltrar" Ihall be tho City Control lor ot Iowa
City! Iowa, or luch IUCCOllor al may bo approvod by I..uor a.
prov dod horoin and who Ihall carry out tho dutios prolcrlbod
horoin with rOlpoct to maintainln9 a roglltor of tho ownorl
of tho bondl. Unlo.. othorwilo Ipooifiod, tho Rogiltr~r
Ihall allo act al Tranlfor Agont for tho bondi'
(k) "Roprolontation Lottor" Ihall loan tho
Roprolontation Lottor from tho City and tho Paying Agont and
Rogiltrar to orc, with rOlpoct to tho Bondi'
(1) "Tax Exomption Cortificato" .hall moan tho Tax
Exomption Cortificato oxocutod by tho Troaluror and dolivorod
ot tho timo of ilsuanco and dolivory of tho Bondi' and
(m) "Troa.uror" Ihall moon tho City Troasuror or luch
othor officor as shall .uccood to tho salo dutios ond
r08ponlibilitios with rOlpoct to tho rocording and paymont of
tho Bondi ilsuod horoundor.
Soction 2. Levv and Cortlticatlon ot Annual TaXI Othor Fundq
to ho U804.
(a) Levv ot Annual Ta~. That.for tho purp080 of
prOViding fund. to pay tho prinoipol and intorost of tho
Bondi horoinattor authorizod to bo i.,uod, thoro is horoby
loviod for oach futuro yoar tho following diroct annual tax
on all of tho taxablo proporty in Iowa city, Iowa, to-witl
FISCAL YEAR (JULY 1 TO JUNE 30)
YEAR or COLLECTIon,
AMOlrnr
$464,166 1992/1993
$365,375 1993/1994
$352,125 1994/1995
$338,875 1995/1996
$300,375 1996/1997
$288,000 1997/1998
$275,400 1998/1999
$262,800 1999/2000
$250,200 2000/2001
$237,600 2001/2002
(NOTEI For oxamplo tho lovy to bo mado and cortiflod against
tho taxablo valuations of January 1, 1991, will bo colloctod
during tho tiscal yoar commonoing July 1, 1992).
(b) R080lutlon to bo Filod ~lth County Au4ltQt. A
cortifiod copy of this Rosolution 8hould bo filod with tho
County AUditor of Johnson County, Iowa, and said Auditor is
horoby instructod in and tor oach of tho yoars as providod,
to 10vy and aSS08S tho tax horoby authorizod in Soction 2 of
-11-
"luR~cn~n.I~UIUkllmIL~~mll,\UN:LI'C
/#/l/
""~'U'U" O"~'OM
n 1:1 CI [I LI
RU. 91.206
,\
thll Relolutlon, In like lannor al othor taxol aro lovled and
IIIOIIOd, and luch taxol 10 lovlod In and tor oach ot tho
yelrl atorollld be colloctod In llko lannor al othor taxol of
thl City aro colloctod. and whon colloctod be ulod for tho
purpoll ot payln9 principal and Intorolt on Illd Bondi Illuod
In Intlolpatlon ot Illd tax, and for no othor purpolo
IIhltloover.
(C) Addl11DDal Cltv Fund. Avallablg. Prlnolpal and
intorolt 0011n9 duo It anr tllo whon tho procoodl ot laid tax
on hand Ihlll be Inluftlc ont to pay tho laDO Ihall bo
prolptly paid whon duo frOD curront tundl ot tho City
AVIIlablo tor that purpolo and rolDburloDont Ihall bo lado
froD luch lpoclal fund In tho alountl thuI advancod.
Sootlon 3. Bond Fund. Said tax Ihall be colloctod oach yoar
at tho lalO tllo and In tho lalO lannor ai, and In addition to,
all othor taxol In and tor tho CltI' and whon colloctod thoy Ihall
bo convortod Into a Ipoolal tund w thin tho Dobt Sorvlco Fund to
bo knovn al tho ICENERAL OBLICATION BOND FUND 1"1 NO. II (tho
lBond FUndI), which II horobr plod90d tor and Ihall bo ulod only
tor tho payaont of tho prlnc pal ot and Intorolt on tho Bondi
horolnartor authorllod to bo Illuod/ and allo thoro Ihall bo
apportionod to laid tund It I proportion or taxol rocolvod by tho
City frol rallwlY, oxproll, tolophono and tolo9roph cooponlll and
othor toxol allollod by tho Iowa Stato Doportoont of Rovonuo.
Soctlon 4. AP~on of nond Procoodl. Procoodl of tho
Bondi othor than accruod Intorolt oxcopt 01 Day bo provldod bolow
Ihall bo crodltod to tho projoct Fund and oxpondod thorotroD for
tho purpolol of Illuanco. Any alountl on hand In tho Projoct Fund
Ihall bo avallablo tor tho payaont ot tho principal ot or lntorost
on tho Bondi at anI tllo that othor tunda Ihall be Inauttlclont to
tho PUrpoIO. In wh ch ovont luch tundl Ihall bo ropald to tho
projoot Fund at tho oarlloat opportunity. Any balanco on hand In
tho projoot Fund and not llAOdiotolr roquirod tor Its purpolos Day
bo Involtod not inconslltont with 1 Iltatlonl provldod by law or
thll Relolution. Accruod Intorolt, It any, Ihall bo dopcsltod In
tho Dond Pund.
Soctlon 5. Involtlontl ot nond Fund Proceed,. All Donoys
hold In the Bond Fund, provldod tor by Soctlon 3 ot thll
ROlolution Ihall be Involtod In diroct obliqatlonl ot tho Unitod
Statol Govornlont or dopolltod In tinanolol institutionl which ora
lo.bor. ot tho Fodoral Dopolit Insuranco Corporation or tho
Fodoral Bavinql And Loan Inluranco corporation and tho dopolits In
which aro Inlurod thoroby and all luch doposits oxcoodlnq tho
laxl.uI alount Inlurod trol tilo to tioo br FDIC or FSLIC or its
oqulvalont luccoalor In Any one tinancial nstltution Ihall bo
continuoully lecured by a valid plod90 ot dlroot obliqations of
tho Unitod Statol Govornaont havln9 on oquivalont larkot valuo.
All luch Intorla inveltlonts Ihall Daturo botoro tho dato on which
-12-
IHIll' nlftll 1""IUUII\ll'~mtIIlJJlLI'f.
,"~"..~.. ........... OM
IL/lq
n I:' 0 CI ~,
RH, 91.206
,I
i
tho monoys aro roqulrod tor paymont ot principal at or Intorost on
tho Bondi al horoln provldod.
Soctlon 6. Bond Dotalls. ~xocution and Rodomotlgn.
(a) Bond Dotalla. Gonoral Obligation Bonds ot tho City
in tho amount ot $2.340.000, Ihall bo Issuod pursuant to tho
provillons ot Soctlon 384.25 of tho City Codo ot Iowa tor tho
aforosald purposo. Tho Bondo Ihall bo dOllgnatod "GENERAL
OBLIGATION BOIlD", bo datod Soptombor 1, 1991. and boar
intorolt from tho dato thoroof! until paymont thoroot, at tho
otfico of tho Paying Agont, la d Intorost payablo on Juno 1,
1992, and lomlannually thoroaftor on tho 1st day at Docombor
and Juno In oach yoar until maturity at tho ratoo horolnattor
provldod.
Tho Bondi ahall bo oxocutod by tho manual signaturo of
tho Hayor and attostod by tho manual slgnaturo ot tho Clork,
and Improlsod with tho soal of tho City and ohall bo tUllr
r09istorod as to both principal and Intorost as providod n
thil Rosolutlon, principal, Intorost and promlum, it any,
shall bo payablo at tho ottico ot tho Paying Agont by mallln9
of a chock to tho roglstorod ownor of tho Bond. Tho Bondi
shall bo in tho donomlnation of $5,000 or multiplol thoroof.
Tho Bonds shall Maturo and boar Intorost al tollowol
Intorolt Principal Haturity
Anto Amount Juno tat
5.30\ $240,000 19113
5.30\ 250,000 1994
5.30\ 250,000 19115
5.40\ 250,000 19116
5.50\ 225,000 19117
5.60\ 225,000 19118
5.60\ 225,000 1999
5.60\ 225,000 2000
5.60\ 225,000 2001
5.60\ 225,000 2002
(b) Rodompt~. Bondi maturing attor Juno 1, 1999, may
bo callod tor rodomptlon by tho losuor and paid botoro
naturity on said dato or any Intorost paymont dato
thoroattor, trom any tundo rogArdloss ot sourco, in wholo or
trol timo to tlmo in part, in invoroo ordor ot maturity and
within an annual maturity br lot by giving thirty dayo'
notico ot rodomptlon by rog otorod lail, to tho rogistorod
ownor at tho Bond. Tho tormo of rodomption shall bo par,
plus accruod intorost to dato of call.
It soloctlon by lot within a maturity 10 roquirod, tho
Rogistrar shall by random solootlon of tho namos ot tho
-13-
\IILlM'mMU'flUIL[~ IIl1llt '~"1I1 ,lUlU I'r.
""OAtII'UHUf 011110IIII. OM
IL/lq
net] [I b
RES. 91.206
rogiltorod ownorl ot tho ontiro annual maturity loloct tho
bondl to bo rodoomod until tho total alount ot Bondi to bo
callod hal boon roach.d.
Soctlon 6.1. ore - Roolatratlgn. Allot tho BondI Ihall bo
rogiltorod in tho nalo ot Coda' Co., al nOlinoo tor orc. Payaont
ot 10liannual intoroat tor any Bond rogiltorod in tho nalo ot Codo
, Co. Ihall bo lado by win tranltor or Now York cl04ring 1I0ulo or
oquivalont noxt day fundi to tho account ot Codo , Co. on tho
intorolt payaont dato tor tho BondI at tho addroll indlcatod in or
purluant to tho Roprolontatlon Lottor.
Soction 6.2. Tho Bonda ahall bo initially illuod in tho tara
ot loparato linglo authonticatod tully rogistorod bondl in tho
alount ot oach loparato Itatod laturity ot tho Bondi. Upon
initial illuanco, tho ownorahip at auah BondI ahall bo rogiltorod
in tho rogiltry booka at tho city Troaluror kopt by tho Paying
Agont and Rogiltrar in tho nalo ot Codo , Co., a. nOlinoo ot orc.
Tho Paying Agont and Rogiatrar and tho City lay troat orc (or itl
nOlinoo) 01 tho 1010 and oxclulivo ownor ot tho BondI rogiltorod
in its nalo tor tho purpol'l at paymont ot tho principal or
rodolption prico at or intorolt on tho BondI, lolocting tho BondI
or portionl thoroot to bo rodoolod, giving any notico poraittod or
roquirod to bo givon to rogiltorod ownorl at Bondi undor tho
ROlolutlon ot tho city, rogiltoring tho tranltor at Bondi,
obtaining any conlont or othor aotion to bo takon by rogiltorod
ownor. ot tho Bondi and tor all othor purpoaol whataoovorl and
noithor tho paying Agont and Rogiltrar nor tho City Ihall be
attoctod by any notico to tho contrary. Noithor tho Paying Agont
and Rogiltrar nor tho City ahall havo any rOlponlibility or
obligation to any Participant, any porion olailing a bonotioial
ownorlhip intorolt in tho Bondi undor or through orc or any
Participant, or any othor porion which il not Ihown on tho
rogiltration bookl ot tho paying Agont and Rogiatrar al baing a
rogiltorod ownor ot any Bondi, with rOlpoct to tho accuracy ot any
rocordl laintainod by orc or any Participant I with rOlpoct to tho
paymont by orc or any Participant at any alount in roopoct ot tho
princlpal or rodolption prico ot or intorolt on tho Bond., with
rOlpoct to any notico which il porlittod or roquirod to bo givon
to ownorl at Bondi undor tho ROlolution, with rOlpoct to tho
101oction by OTC or any participant ot any porIon to rocoivo
paymont in tho ovont ot a partial rodomption at tho Bondi, or with
rOlpoct to any conlont givon or othor action takon by orc ao
rogiotorod ownor at tho BondI. Tho Paying Agont and Rogistrar
Ihall pay all principal ot and promium, it any, and intorolt on
tho Bonds only to Codo , Co. in accordanco with tho Roproaontation
Lottor, and all luch paymonta Ihall bo valid and otfoctivo to
tully latilty and diochargo tho City's obligations with roapoct to
tho principal at and promiul, it any, and intorolt on tho BondI to
tho oxtont ot tho SUI or lUll so paid. No porIon othor than orc
Ihall rocoivo an authonticatod Dond for oach soparato Itatod
maturity ovidoncing tho obligation of tho city to lako paYlonts of
-14-
IlIl.lMnlftll 11~'IILlR 1I"\Il'~""' IIJ.Nl/'t
.."0M4'UhWl' 'u~, OM
,\
I~/~
n 1:1 0 [I '-I
RU. 91.206
principal ot and prollul, It any, and Intorolt. Upon dollvory by
DTC to tho Paylnq Aqont and Roqlltrar ot wrltton notlco to tho
Itt.ct that ore ha. dotorllnod to lubltltuto I now noalnl' In
placo ot Cldl , Co., tho Bondi will bo tranltorabl. to luch now
nOllnoo in accordAnco with Soctlon 6.7 horoot.
Soctlon 6.3. In tho ovont tho City dotoralnol that It II In
tho bolt Intorolt ct tho Bonotlclal OWnorl that thoy bo ablo to
obtain Bond cortltlcatol, tho City lay notlty ore and tho paylnq
Aqont and Roqlltrar, whoroupon ore will notify tho Partlclpantl,
ot tho aVAilability throuqh DTC ot Bond cortltlcato.. In luch
ovont, tho Bondi will bo tran.torablo in accordanco with Sootlon
6.7 horlot. ore aay dotoralno to dllcontlnuo providlnq It I
sorvlcos with rospoct to tho Bondi at any tll' by qlvlnq notlco to
tho City And tho Paylnq Aqont and Roqlltrar and dl,charqlnq It I
rosponllbllitlo. with rospoct thoroto undor appllcablo low. In
such ovont tho Bond. will bo transforablo In accordanco with
Soction 6.7 horoot.
Soctlon 6.4. Notwlthstandlnq any othor provl.lon ot tho
Rosolution to tho contrary. 10 lonq a. any Bond I. roqlltorod In
tho nalo ot Codo , Co., as nOllnoo of DTC, all paymonts with
roapoct to tho principal ot and prollul, it any. and Intoro.t on
such Bond and all notlcol with rospoct to luch Bond Ihall be lado
and qlvon, rOlpoctlvoly to DTC 00 provldod In tho Ropro.ontatlon
10ttor.
soctlon 6.5. In connoctlon with any notlco or othor
communication to bo provldod to Bondholdorl by tho city or tho
paylnq Aqont and Roql.trar with rOlpoct to any conlont or othor
action to be taken by Bondholdorl, tho city or tho paylnq Aqont
and Roql.trar, al tho calo lay bo, Ihall oltabll.h a rocord dato
tor luch con.ont or othor action and qivo DTC notlco ot luch
rocord dat~ not 10.. than 15 calondar day. In advanco ot luch
rocord dat~ to tho oxtent poa.lblo. Notlco to ore Ihall bo qlvon
only whon ore I. tho .010 Bondholdor.
Soctlon 6.6. Tho oxocutlon and dol Ivory ot tho
Roprolontation Lottor to DTC by tho Hayor, and rlnanco Dlrootor,
in tho tori prolontod at thl. lootlnq with luch chanqo..
ollsslons, lnsortlon. and rovl.lon. a. tho Hayor ohall dool
advlsablo II horeby authorlzod and oxocutlon ot tho Roprolontatlon
Lottor by tho Hayor and Flnanco Dlroctor, shall bo concluslvo
ovidonco of such approval. Tho Roprooontatlon Lottor ohall oot
torth cortAln lattoro with rospoct to, alonq othor thlnqo,
notlcoo, conoonto and approvall by Bondholdors and paymonts on tho
Bonds. Tho Paylnq Aqont and Roqlstrar Is horoby authorizod and
roquostod to oxocuto tho oalo and ohall hAvo tho lalO riqhtl with
rospoct to ito actiono thoroundor ao it hAS with roopoot to its
actlono undor tho ROlolutlon.
-15-
\IIl.n\nl~nl.*'UUllllIlIP~mll llJ./llUr.
.nDM"UhHl 01''''''''' OWl
,\
Il/J~
n,:'C/OEI
RES. 91.206
.'
Section 6.7. In tho ovont that any tran.t.r or oxchango of
tho Bondi il pormlttod undor Soction 6.2 or 6.) horoot, luch
trans tor or .xchango Ihall be accolpli.hod upon receipt by tho
Ragistrar trom tha ragiltarad ownorl thoraof ot tho Bondi to be
transforrod or axchangod and appropriato In.trulont. of tranlf.r
to tha pormittod tranlforoo. In tho ovont Bond cortificato. arl
illued to holdorl other than Coda' Co., It. .ucce..or al noainoo
for DTC aa holdar of all tho Bondi, or othor .ocurltiol dopolitory
al holdor of all tho Bonds, tho provisions of tho Rosolution Ihall
al.o apply to, among othor thlngl, tho printing ot luch
cortificatos and tho mothod of paymont ot prinoipal of and
intorost on luch cortificatos.
Sootion 6.8. Tho otficorl of tho City aro horoby authorizod
and dirootod to proparo and furnllh to said purchasor, and to tho
attornoys approving tho logality of laid Gonoral Obligation Bondi,
cortifiod copios of such procoodings, ordlnanco., rosolutions and
rocords and all such cortificatos and aftldavltl and othor
in.trumontl as may bo roqulrod to ovldonco tho logality and
markotability of said bonds, and all cortltlod coplos,
cortificatos, affidavit. and othor instrumontl 10 turnlshod,
Including any horotoforo furnlshod, Ihall constltuto
roprosontatlons of tho city as to tho corrootnoss of all faots
statod or rooltod thoroin.
Soctlon 7. RggJstratlon of Donds, Appointmont of Roaistrar,
Transforl OWnorshlpl DOllvorv, and cancollati~.
(a) ~. Tho ownorshlp of Bonds may bo
transforrod only by tho making of on ontry upon tho books
kopt for tho rogistration and trans tor of ownorship of tho
Bonds. and in no othor way. Tho Clty Control lor is horoby
appointod os Bond Rogistrar undor tho torls ot thia
Rosolution. Rogistrar sholl maintain tho books of tho Issuor
for tho rogistration ot ownorship ot tho Bonds for tho
paymont of principal of and intorost on tho Bonds as providod
in this Rosolution. All Bonds shall bo nogotiablo as
providod in Artiolo 8 of tho Unitorm Commorcial Codo and
Soot ion 384.31 of tho Codo of Iowa, Dubjoot to tho provisions
for rogistration and transfor contalnod in tho Bonds and ln
this rosolution.
(b) Transfo~. Tho ownorship ot any Bond may bo
transforrod only upon tho Rogistratlon Books kopt tor tho
rogistratlon and trans for of Bonds and only upon surrondor
thoroof at tho offlco of tho Roglstrar togothor with an
asslgnmont duly oxocutod by tho holdor or his duly authorizod
attornoy in fact in such form as shall bo Datisfactory to tho
Roglstrar, along with tho addross and soolal socurlty numbor
or fodoral omployor idontification numbor ot such transforoo
(or, it rogistration is to bo mado in tho namo ot multiplo
individuals, of all such transforoos). In tho ovont that tho
-16-
,'IIU:M~rMnl'~.[IL[M.1I ml'.,wml'IIJ.I~L I'f.
mO'l""""lAW CICIUOfttIOWA
JqJq
n,:'ClClq
RES. 91.206
addroll ot tho roglatorod ownor ot a Dond (othor than a
roglltlrod ownor whlch 11 tho nOllnoo of tho brokor or doalor
ln quoltlon) 11 that of a brokor or doallr, thoro .Ult be
dllcloled on tho Roglltratloh Dookl tho lntoraatlon
pertalning to tho roglltorod ownor roquirod abovo. Upon tho
tranltor of any ouch Dond, a now tully rogiltorod Bond, ot
any donolination or donolinatlcnl porlittod by thil
ROlolution in aggrogato prlnclpal alount oqual to tho
un.aturod and unrodoolod princlpal amount of luch tranlforrod
fully rogiltorod Dond, and bearing lntorolt at tho la.o rata
and laturing on tho lalO dato or datol ahall bo dolivorod by
tho R09iltrar.
(e) BAgJltratlon of Transforrod Dond,. In all casol of
tho tranator ot tho Dondl, tho Rogistrar Ihall rogiltor, at
tho oarlioot practicablo tlmo, on tho Rogiltratlon Dookl, tho
Dondl, in accordanco with tho provilions ot thlo ROlolution.
(d) ovnorshlR. AI to any Dond, tho porIon ln whoso
namo tho ovnorlhlp ot tho oalo ahall bo rogiatorod on tho
Roglltratlon Dooka of tho Rogiatrar Ihall bo doomod and
rogardod al tho abloluto ownor tho root for all purpoaol, and
paYlont ot or on account ot tho principal ot any luch BondI
and tho promiul, it any, and lntoroat thoroon Ihall bo mado
only to or upon tho ordor of tho rogiltorod ownor thoroof or
hil logal roproaontativo. All luch paYlontl Ihall be valid
and otfoctual to latilfy and dllchargo tho liability upon
luch Dond. including tho intoroat thoroon, to tho oxtont of
tho aUI or OUII ao paid.
(01 cancollatlQn. All Donda which havo boon rodoomod
Ihall not bo rolaauod but Ihall bo cancollod by tho
Rogiltrar. All Dondl whlch aro cancollod by tho Rogiatrar
ahall bo doatroyod and a cortificato of tho dOltructlon
thoroof ahall bo turniahod prolptly to tho Ia.uor/ providod
that if tho laluor Ihall ao dlroct, tho Rogiatrar ahall
forward tho cancollod Donda to tho 1.luor.
(fl Non-Prosontmont of Donds. In tho ovont any paYlont
chock roproaonting paYlont of principal ot or intorolt on tho
Dondl il roturnod to tho Paring ^gont or it any bend il not
prolontod tor paYlont of pr ncipal at tho laturity or
rodolption data, it funds lufficlont to pay ouch principal ot
or intoroat on Donds shall havo boon mado availablo to tho
Paying Agont for tho bonofit of tho ownor thoreof, all
liability ot tho Issuor to tho ownor thoroot tor such
intorolt or paymont of such Donds ahall torthwith coaao,
torminato and bo complotoly dischargod, and thoroupon it
shall bo tho duty ot tho Paying Agont to hold ouch tunda,
without llability tor intorost thoroon, for tho bonotit of
tho ownor of ouch Donds who ohall thoroaftor bo rostrictod
exclusivoly to such funda fcr any claim of whatovor naturo on
-17-
.III1,U~ f)'~n 1'~.I1LU 1I11)lt .wmlllu.ll'L I'f.
AftOAfoll'U'~ Ollt.l(lltwClOltlA
.1
I
)~/~
n 1:1 0 'I 0
R!S. 91.206
.
hll part undor thll ROlolutlon or on, or with rOlpoct to,
luch Intorolt or Bondi. Tho Paying Aglnt'l obl19atlon to
hold luch tundl Ihall continuo for a poriod oqual to two
yoar. and Ilx lonthl tOllowlng tho date on which luch
Intorolt or prinoipal bocalo duo. whothor at laturity, or at
tho dat~ tixod tor rodolptlon thoroot, or othorwllo, at which
tllo tho Paying Agont, Ihall lurrondor any romainlng fundi 10
hold to tho Illuor. whoroupon any olall under thll ROlolution
by thl OVnorl ot luch Intorolt or Bondi of whatovor naturo
Ihall bo lado upon tho Illuor.
(9) BAgJltration and Tranltor FOls. Tho Roglltrar may
turnllh to oach ownor. at tho Illuor'l oKponlo, one bond for
oach annual laturlty. Tho Roglltrar Ihall turnlah additional
bond. In 10110r donollnatlonl (but not lOll than tho minimum
donominatlon) to an ownor who 10 request..
Sootlon 8. BaJlluance at Mutilated. Destroved. Stolon or
Lolt Bond~. In calo any outltandlng Bond Ihall bocolo mutllatod
or bo dOltroyod, Itolon or 101t, tho Illuor shall at tho roquolt
ot Roglltrar Authenticate and dollver a now Bond of 11ko tonor and
alount al tho Bond 10 mutl1atod, dOltroyod, .tolon cr 101t, In
oxchango and lubltltutlon for luch mutllatod Bond to Reglltrar,
upon lurrondor of luch lutllatod Bond, or In llou at and
lubltltutlon for tho Bond dOltroyod, Itolon or 101t! upon tiling
with tho Roglltrar ovldonco latlltaotory to tho Rog Itrar and
Illuor that luch Bond hal boon dOltroyod, Itolon or IOlt and proof
ot ownorlhlp thoroot, and upon turnllhlng tho Roglatrar and laouor
with latl.tactory Indomnlty and cOlplylng with luch othor
roalonablo rogulationl al tho Illuor or itl agont may prolcribo
and payin9 luch oxponlol al tho Iaauor lay Incur in connoction
thorowlth.
soction 9. Rocord Dato. Paymontl ot prlnoipal and intorolt,
othorvllo than upon tull rodolptlon, lado in roopoct at any Bond,
Ihall bo mado to tho rogiltorld holdor thoroot or to tholr
dOlignatod agont al tho lalO appoar on tho bookl of tho Rogiltrar
on tho 15th day of tho month procoding the paymont date. All luch
paymontl shall tully dllchargo tho obligatlonl of tho Ilsuor in
rOlpoct ot luch Bondi to tho oxtont of tho paymonts 10 lado.
Paymont of prinolpal ahall only bo mado upon lurrondor ot tho Bond
to tho Paying Agont.
soction 10. EKocutlon. Authontlcatlon and Dollvorv at tho
DQndI. Upon tho adoption of thll Rosolution, tho Hayor and Clork
Ihall oxocuto and dolivor tho Bondi to tho Rogistrar, who Ihall
authontlcato tho Bondi and dolivor tho lamo to or upon ordor of
tho Purchaaor. No Bond Ihall bo valid or obligatory tor any
purpolo or Ihall bo ontitlod to any rlght or bonofit horoundor
unlol1 tho Roglatrar shall duly ondorlo and OKocuto on ouch Bond a
cortlflcato of Authontlcation IUbstantlally in tho torm of tho
Cortlflcato horoln lot forth. Such cortlticato upon any Bond
-18-
1/lUh D'~n 1'~IlIUR.lIl\\lt ~NIT1II AUJIlUI'.
AnOl'frll'UHM OUt.lOfltlOM
"
I
/~/~
,
_.",-.~--,----._.-.,...- ...--..- ---- '--." - -1
.
n 1:1 0 ./ "
RES. 91.206
,
l'
exocutod on bohllt of tho Illuor Ihlll bo conolullvo ovldonce that
tho Bond 10 authontlcatod hll boon duly llauod undor thll
ROlolut10n and that tho holdlf th.r.ot 1. .ntltl.d to tho bonotlt.
ot thll ROlolutlon.
Soctlon 11. B1gbt to NIIO Subltltuto Plylna Aaont or
~. Illulr r.lorV.I thl r19ht to nil. I lubltltutl,
IUCCOllor Rlvlltrar or Paylnv ^Vlnt upon v1vln9 prolpt vrltt.n
notlco to lach rovlltorod bondholdor.
.
,
I
!
-19-
~1tLI" tllftll l'hnUA" \I\lt IVIT1f 1,UJ.llUr.
IlftOItlltt'"~''' ~'WOlIII'OM
;i/II/
n 1:1 0 ., e
RES. 91.206
I'
Sootlon 12. Fori ot Don4. Bondi Ihall bo prlntod In
lubltantlal co.pllanco with Itandardl propolod by tho Alorlcan
Standardl Inltltuto lub.tantially In tho tora al tolloWl1
I 111111111111111/11111//1111111111111111111111111/111111/ I
I I
I I
I (6) (6) I
I I
I I
I (7) (8) I
I I
I I
I I
I (1) I
I I
I I
I I
~rIl~ f2q~ ~
I I
I I
I I
I (9) I
I I
I I
I I
I (9a) I
I I
I I
I I
I (10) I
I (contlnuod on tho back ot thl. Bond) I
I I
I ~I I'
~ (11) (12) (13) 'I~I (1!1) ~
I I
I I
1111111111111111111/1/1111/11111111111/1111111111111111/111 I
FIOURE 1
(Front)
-20-
IIlU~' rol'IU'~. [ILt~ 1I11)IL lWIIIII,IIJ.I\[L I'f.
."~,'''~ O"~',IOM
I~/L/
n I:' 0 '/ ~I
RES. 91.206
(10)
(Contlnuod)
(16)
(17)
i
,
I
,
I
.
l'
I
FlOUR! a
(DlIck)
-21-
.\"Ul\Il.m.l.tl (IUk "\l)ILI~mll,U.LII(t I'C.
"'OMII'.....AIlf M'.... OM
I'
I'II~
net] " LI
RES. 91.206
,\
I
Tho toxt ot tho Bondi to bo locatod thoroon at tho Itel
nUlborl Ihown Dhall bo aD folloWDI
Itol 1, flguro 1 · "STATE OF IOWA"
"COUNTY OF JOliN SON"
"CITY OF IOWA CITY"
"GENERAL OBLIGATION BOND"
"ESSElITIAL CORPORATE PURPOSE"
Itol 2, flguro 1 · Ratol
Itol 3, flguro 1 · HaturltYI
Itol 4, flguro 1 · Bond Datol Soptembor 1, 1991
Itol 5, flguro 1 · CU.ip I
Itom 6, tlguro 1 · "Roglltorod"
Itom 7, flguro I · Cortltlcato No. ____
Itol B, flguro 1 · principal Amountl $
Itol 9, flguro 1 · Tho City ct Iowa City, Iowa, a municipal
corporation organizod and oxllting undor and by vlrtuo of tho
Conltitutlon and laWD ot tho Stato of Iowa (tho "IDDuor"), tor
valuo rocolvod, promllol to pay frol tho lourco and aD horolnaftor
providod, on tho maturity dat~ indlcatod abovo, to
Itom 9A, tiguro 1 . (Roglltration panol to bo complotod by
Rogiltrar or Prlntor with namo of Roglltorod Ownor).
Itom 10, flguro 1 · or roglltorod alolgnl, tho principal IU.
of !Rt1ngjpal amount written outl Thouland Dollarl in lawtul monoy
of tho United StatoD of Alarica, on tho maturity dato Ihown abovo,
only upon prolentation and lurrondor horoof at tho otfico of tho
city controllor, paying Agont of thil iOIUO, or itl SUCCOSlor,
with intorost on oaid IUI frol tho dato horoot until paid At tho
rate por annul Ipooifiod abovo, payablo on Juno 1. 1992, and
IOliannually thoroaftor on tho lit day of Docombor and Juno in
OlIch YOllr.
Interost and principal Ihal1 be paid to tho roglltorod holdor
of tho Bond al Ihown on tho rocordl ot ownorDhip maintalnod by tho
Rogiltrar al of tho 15th day of tho month noxt procoding luch
interolt paymont dato. Intorolt Ihall bo computod on tho balll of
a 360-day yoar of twolvo lO-day monthl.
Thil Bond II ilauod pursuant to tho provillons of soction
3B4.25 of tho City Codo of IOWA, for tho purpooo of paying costs
ot tho oqulpplnq of pollco and firo dopartmontl' tho construction,
roconstruction, oxtonolon, improvomont, and oqulpping ot works and
facilitiol uDoful for tho colloctlon of oowaqo and Indultrlal
walto ln a lanitary mannor, and for tho colloction and dlspooal of
lurfaco wators and Itroaml and tho rehabilitation and Improvemont
ot oxiatinq City-ownod parks, In conformity to a Rooolutlon ot the
Council of laid City duly palsod and approved.
-22-
,IIIUKK r.1I~1\.1.~'IIUK 1I11~lt '~ITIII AIJ.Il[t rr.
Ino_.,UhN MIUOllIitlOM
J~JlI
-- --
-,- .-
n I:' [I 'I 5
R[S, 91.206
,I
I
Unl.l. thl. cortlflcato II prollntod by an luthorllod
ropro..ntotlv. of Tho D.po.ltory Trult CO'plny to tho 1.lu.r or
It. agont for roqlltratlon of trln.tor. Ixchlnql or PAyaont, Ind
any cortlficoto 1.luod la r.qlltorod In tho nl.1 of Cedo , Co. or
,uch othor nOlo 01 roquoltod by on authorilod ropro.lntltlvl ot
Tho Dopa.itory Trult COlpany and any poyaont 11 lido to Codo ,
co., ANY TRANSFER, PLEDGE OR OTHER USE HEREOI' FOR VALUE OR
O11IERWISE BY OR TO ANY PERSON IS WROHOFUL .1nco tho roglltorod
ownor horoot. Codo . Co.. ha. an intorolt horoln.
Bond. laturlng aftor Juno 1. 1999, lAY be collod tor
rodolption by tho Illuor and paid beforo IIturlty on .aid dato or
any Intoro.t payaont dat~ thoroaftor, froD Any fund. rogardl..1 of
lourco, in wholo or frol tllo to tl.o In PArt. in Invor.o ordor of
laturity and within an annual .aturltr by lot by qlvlng thirty
day.' notlco ot rodolption to tho rog .torod ownor ot tho Bond.
Tho torll ot rodolptlon .holl bo por, plU, occruod intorolt to
do to of call.
Notico horoundor 10Y bo qlvon by roqlltorod DOll to tho owner
of rocord ot tho Bond at tho odd rOil Ihown on tho book. of tho
Roqiltrar and .hall be doolod cOlploto upon lolllnq.
OVnorlhlp of thll Bond aoy bo tranltorrod only by tranltor
upon tho booko kopt for luch purpa.o by tho City Control lor, tho
Roglltrar. Such tranltor on tho bookl .holl ocour only upon
prolontation and lurrondor ot thl. Bond at tho ottlco of tho
Roglotrar, toqothor with an a.llqnlont duly oxocutod by tho ownor
horoof or hlo duly authorllod attornoy In tho tor. al IhAll bo
latl.tactory to tho Roglltrar. 1.luor rOlorvol tho right to
lubltituto tho Roglltrar ond Poying Agont but Ihal1, howovor,
promptly givo notlco to roglltorod bondholdoro ot .uch chongl.
All bonds sholl be nogotlablo al providod in Artlclo 8 of tho
Unifora Commorolal Codo and Soction 384.31 ot tho Codo ot Iowo,
aubject to tho provlsionl for roglstrotion ond transtor containod
In tho Bond Rosolutlun.
Thia Bond Is 0 "quolltiod tax-oxolpt obllgotlon" dosignatod
by tho City for purpolos of Soctlon 365(b) (3)(B) of tho Intornol
Revenuo Codo ot 1986.
And it Is horoby roprosontod and cortltlod that all octs,
conditions ond thlngD roqulslto, occordlng to tho laws ond
Conotitution of tho State ot lowo, to oxlst, to be had, to bo
done, or to bo performed procodont to tho lowful isaue ot this
Bond, hove boon oxlstont, had. dona ond porforlod os roquirod by
10WI thot provision hoo boon aode for tho lovy of 0 sufficlont
continuing onnuol t~x on all tho taxablo property within tho
torritory ot tho Ioouer tor tho paYlont of tho principal ond
Intorelt of thil Bond 01 the aOlo will ro.peotlvoly bocomo duel
that tho faith, crodlt, rovonuol ond rOlourcos and all ths roal
ond personal proporty of tho ra.uer Iro lrrovocobly plodgod tor
-23.
IIl1.LhD'^" 11"IlIUlH"\ltl~1IlI1 IIJ.ll1LP(
"'011II"_,,.. IllIUOlfrr1t' OM
)~Jl/
n 1:1 0 ./ b
RES. 91.206
,I
I
tho prolpt paymont horoot, both principal and intorootl and tho
total indobtodnosl ot tho Illuor inoluding thio Bond, dooo not
oxcood tho constitutional or Itatutory lilitationo.
IN TESTIHONY WIIEREOF, tho IlIulr by itl council, hu aaulod
this Bond to be 8ignod by tho manual lignaturo ot itl Hayor and
atto8tod by tho lanual lignaturo ot itR City Clork, with tho loal
ot said City ilprolsod horoon, and to be authonticatod by tho
manual lignaturo ot an authorizod roprolontativo ot tho Rogiltrar,
tho City Control lor, Iowa City, Iowa.
ItOI 11,
ItOI 12,
tiguro 1 · Dati ot authonticationl
tiguro 1 · This is ono ot tho Bondi dOlcribod in
tho within lontionod ROlolution, as
rogi8torod by tho city Control lor.
CITY CONTROLLER
ItOIll 13,
BYI
Roglltrar
tlguro 1 · Rogi8trar and Tranator Agontl
City Controllor
paylng Agontl City Control lor
tlguro 1 · (Soa1)
tlquro 1 · [Signaturo Block)
CITY or IOWA CITY, IOWA
Itolll 14,
Itelll 15,
BYI
Hayor
. A'M'ESTI
BYI 'manual si9natural
City Clark
Itam 16, tiguro 2 · It is cortitiod that tho tollowing il
II corroct and cOlllplato copy ot tho
opinion ot bond counsol ilsued al ot tho
dato ot do 1 ivory ot tho ilsue ot which
thi8 Bond i8 a part.
'manual si9natural
'manual 8i9naturol
city Clark
[Opinion ot Bond coun801)
Itam 17, tiqura 2 · [Assignmont BlockI
[Intormation Requ red tor
Registration)
.24-
.IIIUII,\ III 1\11.11'" IlltR.lI II"t ~mll AIJ.lICt 1'1:
AnQAl.C., .,~ 01''''0'11'' lCMlt,
/'/1 II
n I:' CI ' I '-I
R!S. 91.206
II
ASSIGNHENT
For value received, the undorl19ned horeby lelll. all19nl and
tranltorl unto (Social Socurlty or Tax
IdontiClcatlon No. ) tho within Bond and dool
heroby irrovocably conltltuto and appoint
attornoy in taot to tranlCor tho laid Bond on tho book I kopt Cor
roglltration ot tho within Bond, with tull powor ot lubltltutlon
In tho prelllol.
Datod
(PorIOn(l) oxocutlng thll Aallgnmont Ilgn(l) horo)
SIGNATURE)
GUARANTEED)
IHPORTANT - READ CAREFULLY
Tho li9naturo(l) to thla Powor mUlt corrolpond with the
nale(a) aa writton upon tho taco oC tho cortlfloato(l) or
bond(.) in ovury partloular without altoratlon or onlargolent
or any ohango whatovor. Slgnaturo guarantoo ahould be lido
by a 10lbor or mombor organization ot tho New York Stook
Exohan90. mOlborl ot othor Exchongel hoving aignaturoa on
filo with transfor ogontl or by a oo=morolal bonk or trult
cOlpany.
INFORMATION REQUIRED FOR REGISTRATION OF TRANSFER
NOlo ot Tranlforoo(s)
Addroaa of Transtoroo(s)
Sooial Socurlty or Tox
Idontltlcatlon Numbor of
Tranaforoo(l)
Tronlforoo II a(n)1
Individual.
Portnorshlp
Corporation
Trust
tIC tho Bond Is to bo roglltorod In tho nOlOI ot multlplo
lndlvlduol ownorl, tho nOlOI ot all luch ownora and one addrols
and soolol Bocurlty nUlbor IUlt bo provlded.
-25-
,1IIL1:~\f;)an lJI/I1ULl:UIl)IL ,WmlllLlJl[L I't'.
."~'U'~ cu~. OM
11/11/
n I:' CI 'I EI
RES. 91.206
,\
I
Tho tollowing abbroviatlonl, whon ulod in tho Inlcrlption on
tho facI of thil Bond, Ihall be conltruod al though wrltton out in
lull according to appllcablo lawI or rogulationll
TEN COH . al tonantl In cOllon
TEN !NT . al tonants by tho ontirotios
JT TEN . as joint tenants with right of lurvlvorlhlp and not
as tonantl In cOlAon
IA UNIF TRANS HIN ACT - ..........CUstodian..........
(CUst) (HI nor)
undor Iowa Uniforl Tranltorl to
Hlnor. Act...................
(Stato)
Seotion 13. Contract Botwoon Illuor and PurchaGor. Thil
ROlolution conltitutol a contract botweon said City and tho
purchasor of tho Bonds.
Soction 14. Hon-Arbitraao Covonants. Tho IIGuor roalonably
oxpocts and covonantl that no UGO will bo mado of tho procoodl
from tho issuanco and lalo of tho Bonds ilauod horoundor which
will causo any of tho Bondi to bo olallifiod as arbitrago bond I
within the moaning of Boction 148(0) and (b) ot tho Intornal
Rovonuo Codo of tho Unitod statos, and that throughout tho tOri of
said Bonds it will comply with tho roqulromontl of said statuto
and rogulatlonl ilsuod thoroundor.
To tho bOlt knowlodgo and boliof ot tho Illuor, thoro afO no
facts or oircumstancos that would matorially chango tho toro90ln9
statemonts or tho conolusion that it is not oxpoctod that tho
procoods of tho Bondi will bo uaod in a mannor that would causo
tho Bonds to bo arbltra90 bonds. Without limiting tho 9onorallty
of tho forogoing, tho Illuer horoby agroos to comply with tho
provisions ot tho Tax Exomption Cortlficato and tho provisions of
tho Tax Exomption Cortificato aro horoby incorporatod by roforonco
aa port of this Rosolution. Tho Troasuror is horoby dirocted to
make and insort all calculations and dotorminatlons nocolsary to
completo tho Tax Exomptlon Cortiflcato In all rospocts and to
oxocute and dolivor tho Tax Exomption Cortifioato at ialuanco ot
tho Donds to cortify as to tho roasonablo oxpootatlons and
covonants of tho Issuor at that dato.
Soction 15. Sovorabll1tv Clauoo. If any loction, paragraph,
clauso or provision of this Rosolution bo hold invalid, such
invalidity shall not affoct any of tho romaining provislonl
horoof, and this Rosolution shall bocomo offootivo immodlatoly
upon Its passago and approval.
Soctlon 16. ~onal Covonants. Roprosontatlons an4
Warrantjos of tho Issuor. Tho Issuor cortlflos and covonants with
tho purchasors and holdors of tho Donds from timo to timo
-26-
,\IIUR\fMtl.IIII. [lun.IIIl\lt .~mllllJ.I1lt.I'f.
"'''Oi''If'U'~A", 1lI1~11lMI
JqJ~
n 1:1 0 . I LI
, .
RES. 91.206
11
outltondlng thot tho Illuor through itl ottlcorl, (a) wlll Doko
luch turthor Ipocltlc covonantl, roprolontotlonl ond OlauranCOI 01
10Y be nocoolory or odvlloblo, (b) cODply wlth 011
roprolontotlonl. covonontl ond oaluroncoa ccntolnod ln tho Tox
txo.ptlon cortitlcato, whlch Tax ExoDptlon Cortlticato aholl
conltituto 0 port ot tho contract botwoon tho laluor ond tho
ownorl ot the Donda, (c) consult wlth bond counael (01 detlned ln
tho Tox Exomption Cortitlcoto), (d) poy to tho Unitod StOtOI. 01
nocollory, luch IUDI ot Donoy roprolontlng roqulrod robotol ot
OXCOII orbitrogo protltl rolatlng to tho Dondl' (0) tilo luch
torml, ItotoDontl ond lupportlng docuDontl 01 DOY bo roquirod ond
in a tlmoly mannor, 3nd (t) it dOODad nocoalory or advlloblo by
itl ottlcorl. to omploy ond poy tilcol ogontl, tlnonclol advilorl,
attornoYI and othor porlonl to oalllt the Illuor in luch
complianco.
Soction 17. Amondmont ot ROlolution to Maintain Tax
ExomDtlgn. Thil ROlolutlon moy bo oDondod without tho conlont ot
any ownor ot tho Dondl If. ln tho opinion ot bond counlol. luch
amondDont il nocollory to Dointoln tox oxomptlon with roapoct to
tho Dondo undor opplicoblo Fodorol low or rogulotionl.
Soot ion lB. Ounliflod Tnx-ExomDt Obliantions. For tho 1010
purpolo ot quolifying tho Dondl 01 "Quolitiod Tox Exompt
Obligotlonl" purluont to tho Intornal Rovonuo Codo of tho Unitod
StOtOI, tho Illuor dOllgnotos tho Dondl 01 quol1tiod tox-oxeDpt
obl1gatlonl ond roprolontl thot tho roolonobly ontlclpotod amount
ut tox OXODpt govornmontal ond Codo soctlon 501(c)3 obllgatlonl
whlch will bo illuod durlng tho curront colondor yoar will not
oxcood Ton (10) Hilllon Dol1arl.
Soction 19. RODoal of contl~na R0801utions or OrdinancoI.
Thot 011 ordlnoncol ond rOlolutlonl ond porta ot ordlnoncel and
rOlolutionl In contl1ct horowith oro horoby ropoolod.
PASSED AND APPROVED thls .lQ!L doy ot AUQust
1991.
ATrESTI
~,"~"') .,1/ -/d,W
-27-
."ll.[um~n,I_lIIllll.[llllmlt_~III1IIwu:tl'f.
,n~,,,f~M DI'.....' 10M
/1//4
rl I:' 0 e t]
. .
CIO-)
2-91
CERTIFICATE
STATE or IOWA
COUNTY or JOHNSON
)
) SS
)
I. tho undorlignod City Clork of Iowa City, Iowa, do horoby
cortify that attachod il a truo and comploto copy of tho portion
at tho corpora to rocordl of .aid Municipality Ihowing procoodingl
ot tho counoil, and tho lamo i. a truo and comploto copy of tho
action takon by laid Council with ro.poct to .aid mattor at tho
mooting hold on tho dato indicatod in tho attachmont. which
procoodingl rOlain in full forco and affoct, and havo not boon
alondod or rOlcindod in any way, that mooting and all action
thoroat wal duly and publicly hold in accordanco with a notico of
looting and tontatlvo aganda, a copy ot which wal timoly lorvod on
oach IOlbor of tho Council and poltad on a bullotin board or othor
prolinont placo oa.ily acco.aiblo to tho public and cloarly
dalignatod tor that purpoao at tho prinoipal offico of tho Ccuncil
la copy of tho faco .hoot of .aid agonda boing attachod horoto)
purluant to tho local rul01 ot tho council and tho provilion. of
Chaptor 21, Codo ot Iowa. upon roalonablo advanco notico to tho
public and lodia at loalt twantY-four houra prior to tho com-
lancolont of tho looting al roquirod by .aid law and with lombor.
ot tho pUbl1c prolont in attondanco, I furthor cortifY that tho
individual1 namod thoroin woro on tho dato thoroof duly and
lawfully po..ollod ot tholr ro.poctivo oity otficOI aD indlcatod
thoro in, that no counoil vacancy oxi.tod .xcopt aD may bo Itatod
In laid proco.dingD, and that no controvorlY or litigation I.
panding, pray.d or thr.at.nod involving tho Incorporation,
organization, .xilt.nc. or baundario. of tho citr or tho right at
tho Individual. namod th.roin a. offic.r. to tho r r'Dpootivo
poaltionl.
WITNESS IY hand and tho .001 of .aid Hunicipality horoto
atUxod thi. 'nth day ot Allgllcl , 1991.
..1J1'c'II,..J .(! 11..J
City lork, Iowa city, Iowa
SEAL
c101IIOIInu07IlUO
lIIUA\Ill~n.I'~IlILrIlIl \\Ill'~III1I.IWI(lI't:
I"OMIIII.'~'" '.....'OM
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I
/fURS IA4 I'IItt ttS ,.,ItO IA
C:ounoU KlIlbar. lov.d tll.t thl ton or
Tar Exeapt!on c.rt!tlclt. be pllcld on fILl. and approvld.
Ilcond.d thl lotion. Th. roll v.. CIllld Ind
the vote VII,
. /
HAUl
C:ounoll K.lb introducld thl
tOllovinq Rlloluti Int tl.d RESOLUTION AUTHORIZING AND
PROVIDINO fOR TIll ! SVANer; or U,HO,OOO OENERAL OBLICATION BONDS
AND LEVYING A TAX TO PAY IA! BONDS. Ind lovld that It be adopt.d.
c:ounoll K.Dblr Ilcond.d tho lotion to
adopt, Ind the roll b nq c l11d th,rlon, thl vote V'I II follov.1
AYISI
NAYS I
llher.upon, the
toll0VII
RZSOLlnIO D PAOVIDINO FOR 'nil
ISSUANCE 0' $2,340,000 ENZRAL OBLIGATION
BONDS LEVYING A TAX PAY SAID DONDS
WH!R!AS, thl I.lu.r 1. duly In rporatod, orqlnllod and
.d.tl und.r and by 'ilrtu. or thl lal/' Ind Con.t1tutlon or the
Stlt. of lowI, , d \
WHIRIAS, ~ha I.lulr II In nlld ot tundl to pay COltl ot the
.qulppln9 of pollcl .nd tlrl dlplrtllnt., tho conltruetion,
r.con.truotioD. Ixtln.lon, ilprovlllnt, and lquipplnq or vork. and
rlcl11tl.. UC.tUl tor the col1lctlon ot IIva90 .nd lndultrlal
V.lt. In a . nltary lannlr, and for the col1lctlon and dilpo.ll ot
lurtac. vlt, I .nd Itr.... .nd the r.h.bilit.tlon and ilprovlmlnt
ot .xlltlnW.Clty-own.d p.r~l, In ..I.nti.l oorporlt. purpal', Ind
It II d"lld nOcI.I.ry and Idvl..bl1 th.t a.nlral Obllqation Bond.
In the .Iount at $2,340,000 bl llluld tor I.ld purpo'I' Ind
WHEREAS! purluant to notlcl pUblilh,d .1 roqulrld br Soctlon
314.25 of .. d Cod., thi. C:ounol1 hll h.ld . 'public I..t n9 Ind
h..rln9 Upon the propo..l to in.tltut. procl.dlnq. tor thl
--
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An"",'.'UIlI ........ OM
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Il(V IVI~ TlUCO'I~ ?Oil '''15-'' "'~,
ItURS IA4 rlltt to 1t)1/(5 IA
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P.l2
..
<<ITT 1Uf
1"Ulnc. ot .ald Ilondl, and thl Counol1 i. th.rltorl nov
luthorllld to proc.od \11th thl i.luancl ot .ald Bond., Ind
MHlR!As, pur'uant to-thl provllion. ot Chapt.r 75 ot thl Cod.
ot Iova, the aboVe .~tlon.d bOnd. vlr.'b.r.totorl lold It PUbllo
.11. Ind lotion .ho Id nov be takln to I .UI .ald bond. contor.1nq
to the t.rml and c dltlonl ot th. bl.t ld r,c.lv.d It the
advlrtll.d PUblic .1.1
11011, 'J'If1R1F0 . liE IT RESOLVID IY THE COUNCIL or 'J'IfE CITY or
IOWA CI~Y, ZONAl
S.otlon 1. . Thl '0110vinq tlrm. .hll1 havI the
tollo\llnq Illnlnql n th11 R..olUt~on unll" the tlxt 'xpr...ly or
by n.cl.l.ry ilpl1c tlon r.quir'l othOrvJll1
C.) "B.no clal ovn.r';lh.l1 loan, wh.nlv.r u,od vlth
r"plot to I Bon thl p.r,on ln WhOl1 na'l luoh 1I0nd i.
rloord.d al thl b .tlcl11 ovn.r ot luch Bond by I
Partloipant on thl r,cord. ot luch Plrtloipant or .uch
p.r.on'l IUbr0911, ~
Cb) "Bondi" Ih 1 I.an $2,340,000 G.n.ral Obl19at1on
Bondi, authorlz'd to l,.uod by thil Ro.olutlon,
Cc) "Cldl' co~ hall loan Cldl , Co., thl nOllnl1 Of
ore, Ind any luccl70r n Ninll ot DTC vlth rllp.ct to thl
Bondi'
Cd) ftII.ulri .nd .cl y" Ihall II an the City ot IcvI
City, lOlli' I
(I) "lIotlc. ot Sall" I all I..n thl Official Notlc. of
Sal. II pubUlhed on Au ust 2 , 1t1!.'
(f) "Plril01pantl. .hall ..n thOl1 brokor-d.al.rl,
bank. and other tinlnolal In.tl utlonl for IIhlch DTC hold.
Bondi a. IIourltl11 dlposltory,
I
(gl "paylng Aqlnt" Ihall b. the City Controlllr, or
,uoh ,uco'..or al lay be approvld y Illu.r al provided
h.rlin In~lwho Ihall carrr out thl utll' prllcr1b.d hlrlln
a. I..u.rl1 agont to prov dl tor th paym.nt of prlnoJpal ot
and lnt.r.lt on thl Bondi .1 thl la. .hlll b.co.. dU"
(h) "Projlct Fund" Ihall ..an t I tund flquJr.d to be
'Itablllhod by thl. Rllolutlon tor the dlpol1t of thl pro-
C'ldl ot thl Bondi' ,
(1) "R'batl Fund" ehall loan the tund 10 dltlnod In and
..tabl1Ihtd pur.uant to the ~aK Exo~ptlon C.rtlflcat.,
-10-
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IICV IVI~ TtUCIJIIClt 'IIl1I I "lHI llI~'
~ LA4 'lilt OC5 ItlIIC:S IA
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J193S6SOll9111~
P.13
(j) NRlqi. rlrN-.hill bI thl city Ccntroll.r ot IOVI
City levi, or uch IUCCI..or a. .ay b, Ipprovld by IIIUlr I'
provId.d hlrli Ind vho .hlll carry out thl dutl.. pr..crlb.d
h.rlln vith r. poet to lalntllnin9 I rl91.tlr of thl OVftlr.
of the bondl. Unll" oth.rvi.. IPlcitild, thl Rlqlltrlr
.hlll 1110 lot II Trln.t.r A~lnt tor the bond.,
I
(~) NRlpr Ilntltlon tetter. .hlll .lln the
R.prll.ntltlon ttlr trol the Clt~ind the Payln9 Aqlnt and
RI9iltrlr to Dr vitb r..pect to I Bond.,
(1) 'Tax Ix Iptlon Clrtifr:C IN Ihlll I.an thl Tax
Ex.mption Clrtlfl tl IXlcutld b~ the Trlalurlr and d.llv.red
at the ti.1 of ill nc. and deli .ry ot thl Bond., and
(I) NTrlalurlr .hall I' thl City Tr.alurlr or Iuch
oth.r otflclr I' .ha lucce. to the .a.. dutl'l Ind
r..pon.lbl1ltil' vlth 'Ip.ct to the recording and paymlnt of
the Bondi 1.,u.d hlrlu d.r.
S.otion 2.
tU.JlW.
(I) . Thlt tor thl plU'pOIl ot
provldln~ fundi to pay ~ I rlnoipal and lntar..t ot the
Bondi h.r.inaftlr authoriz. to bl illuad, th.r. 11 hlrlby
llvild tor Ilch tutur. y.ar h. tollovin~ dir.ot annuIl tlX
on III ot the taxabll propor in %OVI City, IOVI, to-viti
AHQM
:
:
1
.
i 10 '/1'"
no, 2000
2000~~001
1 2001/~002
\
(HOTEl 'or .xampl. the llVY to bo ladl and certlfl.d aqalnlt
the taxabll valuation. ot January 1, 1001, will hi 00111ot.d
durin9 tho fi.cal year commln01n9 July 1, 1992).
, ,..,
(b)' . A
o.rtitlld oopy of th . R'lolutlon .hould hi tl10d v th the
County AUditor ot John.on County, Iova, and .ald Aud1tor il
h.reby lnltruotld in and tor lach of thl Yllrl I' provld.d,
to llYy and alii.. the tlX horlhy ,authorlz.d, in Slctlon 2 of ~~1'1I
-11- ~
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,
.
Il(V IVlllCIIClc TtUCO'IP 'I'I1l I e.,s-" III ~ I
~ LA! 'I'" Cta ~I'(a IA
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thi. Rllolutlon, In llk. D.nn.r I' oth.r taKI' '1" l.vild Ind
...II.ld, and . ch taK.. 10 llvild in .nd tor ..ch ot thl
ye.r. ,tor'lald bl col1lct.d In like D.nn~r .1 othlr t'Kal ot
thl City ar. co lect.d, .nd vh.n colllctld b. Ulld tor thl
purpa.. ot payl q prinolpal and lntlr.. on laid Bond. il.uld
In antlcipltion ot laid tlK, Ind tor no oth.r purpo..
vhat.o.var.
(c) . prlnclpll and
lntlr'lt oOllnq UI at any tl.. vh. the procI.dl ot lald t.x
on h.nd .hall bl lnluttlol.nt to pay the .... .hall b.
prolptly pald vh. due trol ourr,ht tundl ot the City
avallabl. tor tha purpoll and 'Ilmburl...nt Ihall bl ladl
trOD .uch ,plclal und in th~lount. thu. advane.d.
s.otlon 3. . sal tax Ihlll be collected ..ch y.ar
at the .... till and ln h. '.I~ .annlr II. and in addltlon to,
III oth.r taxI' In and to thl~lty, Ind vhln coll.ct.d th.y .h.ll
be conv.rt.d into I Iplcl 1 t9nd vlthin thl Dlbt Ilrvlcl fUnd to
bI knovn II thl "CENERAL 0 L CATION BOND rUND un NO. 1" (th.
"Bond fUndi), vhlch 11 h.r pledged tor Ind .hall bl UI.d only
tor the paYllnt ot the pri pal of and int.rllt on the Bondi
hlr.lnltt.r authoril.d to l..ued/ and 11.0 th.rl Ihall be
Ipportionld to .ald tund tl proportion ot tIX.. r.c.iv.d by the
City trOD rlllvay, .xpr II, llphon. and tel'gr.ph oOlpanl.. and
othlr tax.. ..I.I..d b thl I I stlt. D,plrt..nt at RlVlnUI.
S.otlon 4. . PrOClldl ot thl
Bondi othlr than ac ru.d ntarl t .xcept .. lay b. provld.d bllov
Ihlll be or.dltld 0 thl proj.o fund Ind 'XPlndld thlr.troD tor
the purpOIII ot 1 .uancI. Any a ount. on h.nd in thl proj.ot rund
Ihall be avall~1' tor the p.yaln at the prlnolpal ot or Int.r..t
on thl Bondi I Inr tl.1 thlt oth tund. .hall b, Inluttlcilnt to
the purPO'I'~ vh oh .v.nt Iuoh t ndl Ihlll be ropaid to the
Projlct fUnd t thl .arll.lt opport nity. Any ballncl on hind in
thl proj.ot/ nd and not lam.dlltll r.quir.d tor It. purpo... IIY
bI lnv'ltl4 not lnconliltlnt vlth 1 ltationl provld.d by lav or
thl1 RI,olutlon. Accl'Uld intor'lt, I any, Ihlll b. d.po.lt.d In
the Bond rund.
S.ctlon a. Jnv.ltmantl of B . All 10nlYI
h.ld In thl Bond rund, provldld tor by S.ction 3 ot thl1
R.lolution .hall be lnv..t.d In dlr.ct obligation, of the unlt.d
Stat. I Gov.rnment or d,polltld In flnanoial lnltltutlonl vhieh ar.
I.mber. ot thl r.d.rll D,pollt Inlur.nc. corporation or thl
red.ral savlnq. Ind Loan Inluranc. Corporation and thl dlpO.ltl In
which ar. In.ur.d th.rlby Ind all luoh d.pollt. oxc..dln9 the
l.xiDUI Ilount Inlurod trol til' to till by rDIC or rSLIC or Itl
equlval.nt ,ucc'.lor In any onl tlnanolal lnltltutlon Ihall be
contlnuou.ly Ilourld by a valid pl.dg. ot dlrlct obl1qationl of
the Unit.d stat.. Govlrnmlnt having an .qulvallnt .ark.t valu..
All luoh lntlril lnv'ltM.ntl Ihlll .aturl bltorl thl dati on WhIOh)J'JIJ1
-t2. '11 7
nl:'Ctes
"
Il(V IVlllIIlCc fEUaPlClt 'I'lI1l I I-lHI II'" I
.
IRDlS IA4 nit! to ItlUO IA
CCln lQ4
n~11I1
",15
thl .on.y. Irl rlqulr.d tor Plyi.nt ot prinolpll or or Intlrllt on
the Bondi II hlrlln provldld.
Slot ion 6. pond Detail.. IXloutlon an~.
(a) . Glnlrll Obligltion Bondi or the City
in thl lIount at '2,340,000, ,hill bl il.uod pur.uant to the
provl.10n. at lotion 314.25 ot the City Cod. ot Iowa tor thl
Itorlllid purpo I. Th. Bondi Ihlll be d..lgnlt.d .CIHERAL
OILlOATION IlOKD l b. dat.d 8.pt.&bir 1, lttl//and b.ar
lnt.r'lt frOD thi date thlr.ot[ until paya~{ thlrlof, It the
oft lei ot thl PAY q Aglnt, II d inter. It Ylbll on Junl 1,
lt92, and II.Ilnnu lly thlrlatt.r on the t day of D.clmblr
Ind Junl in .Ich Y' l' until maturity at . ratll hlrlinatt.r
providld.
Th. Bondi .hall I .xlcut.d by I .anuIl liqnatur. ot
the Klyor and attllt, \bY thl ..nu .lgnltur. ot tho Cllrk,
Ind l.prl..ld vith thl .11 ot t City Ind Ihall bI tullY
r.qi.tlr.d a. to both p lnoipal/ nd int.rllt al provldld In
thil R.lolutionl prinolp l.~ llrllt Ind pr..1U1, It any!
Ihll1 bl paYlbl. at the tic ot the 'lyIng Aqlnt by .a l1n9
of I ch.ok to thl r.glltl 14 own.r ot thl Bond. Thl Bond.
,h.l1 be In thl d.nolin.tl n of 15,000 or .ultipl.. th.r.ot.
Th. Bondi .hlll .atur. an lar ntor..t II follov'l
Int.rllt
..JI1L.
Katurtt{
JU". t.
U40, 00 UU
250,0 0 itU
2110,00 ms
350,00 me
225,000 lt97
225,000 ml
225,000 1'"
225,000 2000
225,000 2001
225,000 2002
(b) Rldl~DtlaD, Bondi .aturing a tlr Junl 1, lt9', may
bl oallld tor rodllptlon by thl I.lu.r I d paid b.torl
.aturlty on .ald date or any lnt.rllt pa ont date
thlrl.tt.r, fro. any tund. r.qardl... ot I uro., In ~hol1 or
fro. tl.1 to till in part, in inv.rll ordlr ot .aturlty and
vlthln In annual laturlty by lot by qlvinq t irty day.'
notiel ot r.dllptlon by roglltlrld ..il, to thl rlqlltlrld
ovn.r ot thl Bond. Th. tlrml ot r.dllption .hal1 bl par,
plu. Icoru.d int.r'lt to dati at call,
It ..llotion by lot within I I.turlty i. roquired, the
R.qiltrlr .hall by rando. ..l.otlon ot thl n.... ot thl
-13- /L/I~
net]eb
Il(V IV IIOCC T!UCO'IClt ?ell I "I &-91 1lI MI I
AURS IA4 rl~ t(S t'()IIt:S IA
cc an 034
~1'~1116
".16
r'91.t.r.d ovn.r. of thl .ntlr. annull laturlty ..l.et the
bond I to be neSl~4_~U thl total 1I0unt ot londl to be
olll.d hll b'ln\..aCh'd~
810tlon 6.1. DTe - R'ai.trlt~. All of the Bond. Ihall b.
r'9i.t.r.d in the na.. ot C.dl I Co., II nClin.. tor DTC. Paymlnt
ot .lllannual int.rllt tor Iny BoneS rlgllt.r.eS in the nail ot Cld.
I Co. .hal1 bl .ad. by vir. tran.t.r or N.w York Cl.arln9 Hou.. or
1~lvallnt n.xt eSay fu I to thl account of Cldl I Co. ~n thl
int.rllt paym.nt date f r thl Bond. at thl addrl.. indicated in or
purluant to thl R'pr.aln ation Lottlr, ~
Slotion 6.2. Thl 80 I Ihall bl initially/i..uld in thl fOrD
ot ..paratl lingl1 outh.nt catld tully rlgllt~r.d bond. in thl
Imount of lach Ilparltl Ita .d maturity ot the Bondi. Upon
initial llluancl, thl ovnlr lp of luoh Bopd. Ihall be r.gl.tlrld
In the rlqi.try bookl of thl ity Tr.alurlr klpt by the Payinq
Ag.nt and RIgiltrar In thl nl I of Cldl/' Co., a. nODlnl1 ot DTC.
Th. Plylnq Aqlnt and Rlqiltrar and th./City lay tr.at DTC (or itl
nOlinl.) I' thl .01. and Ixolu V. oynlr of the Bondi rlgl.t.r.d
In it. nail tor thl purpo'll of aya.nt ot thl prinoipal or
r.d.lption prlel of or intlrllt 'thl Bondi, ,ol.ctinq the Bond.
or portion. th.r.ot to b. rleS.111 , qlvlng any notlc. p'l'Iittld or
rlquir.eS to b. glvln to r.giltlfl ovnlrl of Bond. undlr thl
R"olutlon ot the City, rlqilterin thl trln.f.r of Bond.,
obtaining any cons.nt or other act to bl tokln by r.giltlrld
ovnlr. of thl Bondi ond for'all otho purpOIII vhatlolvlr, Ind
n.ithlr the Paying Agent and R.giltra nor thl City Ihall bl
ItflOt.d by any notlcl t6 thl contra NIlthor thl paying Ag.nt
Ind R.qiltrar nor the City Ihll1 havI ny r.lponlibillty or
obllqatlon to any Par,tlciplnt, Iny p.r. n olailing a benlfioial
ovnlr.hip int.r'lt In the Bondi undlr 0 through DTC or Iny
partloiplnt, or Iny'othlr Plr.on vhlch i not Ihown on the
rlqiltration boo~.'of the Payinq Agont an R.gl.trar al b.ing I
r.gl.t.r.eS ownlr/ot Iny Bond., with reapoe to the accuracy ot Iny
rlcord. Illntlln.d by DTC or Iny Partiolpa , vlth r..poet to thl
paymlnt by DTq/0r any Plrticlpant of any a. unt ln rllplot ot the
prinolpal or/r.d.mption prio. of or lntlr..t on the BoneS., with
r'lp.ct to any noticl whloh 11 plraittld or quirld to b. glv.n
to ovn.rl ot Bondi und.r the Ro.olution, with 'lp'Ot to the
..1Ictlon by DTC or ony partioipant ot any plr on to rlcllvl
paymlnt in thl .v.nt of a partial rldlmption 0 thl Bondi, or with
r..p.ot to any conl.nt qivln or othlr aotion to ~bY DTC a.
r.gi.t.r.d ovnar ot thl Bond.. Th. Payln9 Ag.nt nd Rlqiltrlr
Ihall pay all prinoipll ot oneS prl.ium, if an , I d int.r..t on
the Bondi only to Cod. , co. In Iccordanca wilh th R.prlllntatlon
Llttlr, and all such paY=lntl .hall bl vIlid and Ittlotlv. to
tully latl.fy and dlscharg. thl City" obliqation. with rllp.ct to
thl prlnolpll ot and promium, It anr' and lntorllt on tho Bondi to
the .xtlnt of thl aUm or luml 10 pa d. No plrlon othlr than DTC
.hall r.c.i~o an authlntloat.d Bond tor lach "plrat. .tated
.aturlty Ividlnoinq the obligation ot the city to makl paymantl ot
-14-
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1U1'"" "NtI'" """","11'" U"",., I......'I"...."~
n I~ t] e '-I
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Il(V 1V1.vcc TtUCQlII Clt ?Oil I 0-15-9 I 1114l):f1 I
MDlS IA4 r1~ tts t1)1t(S IA
ccm 03..
3l9~'117
P.17
---
prlnolpll ot Ind ellUl, it Iny, and int.r.et. Upon d.llv.ry by
DTC to thl payin Aqlnt Ind Rlqiltrar ot vrittln notlcl to thl
.tt.ct that DTC I' d.tlrDinld to .ubltltut. a n.v nOlinel in
plact ot C.d., 0., thl lond. vill be tran.t.rabll to luch n.w
nOlln.. in accor ancI vith Slction 6.7 hll'lot. /
..ction '.J In the .v.nt the City dtterlj~ thlt It i. in
the be.t lnt.r.. ot thl Blnlticill OVnlr. th,t thlY bl abl. to
obtlln lond c.rt ticatll, thl Cltv .'r notlty DTC and thl payinq
Aqlnt Ind Re91ltr r, wh.r.upon ore vi 1 no tty the Partioipant.,
ot the Ivalllbl1l throuqh DTC of Bond rtiticatll. In luch
.v.nt, thl Bonda v 11 bl tran.t.rabl. i accordancl vlth s.otion
a.7 h.rlot. DTC.a d.t.rainl to dil ntlnu. providing itl
IlrvicII vith relpo t to thl Bond. a any tim. by qivinq notlcl to
the City and thl PlY nq Aqlnt and qiltrar and dilcharqinq ltl
r..ponlibilitlll with rllp.ct th.~ to under applicabl. law. In
luch .v.nt the Bond. 11 bl zra Iflrabll in accordancl vith
S.otlon 6.l hlrlot.
S.otion a.4. Notw hl~ ding any other provision of the
RI.olution to the contrl , 10 10nq a. any Bond II r.qlltlr.d in
the na.. ot Cldl , Co., a nominll ot orc! III paY=tntl vith
r',plct to thl prinoipll p and prlmlU1, f any, Ind intlr..t on
IUch lond Ind all noticl' th rl,plot to luch Bond Ihall b. mad I
and qiv.n, r'IPlctivLl~ to C al providad in thl Rlpr.l.ntltion
litter.
S.otlon a.5. ~ connlot n vlth any noticl or othlr
ooaaunlcltlon to b rovldld t Bondhold.rl by thl city or thl
Paylnq A9.nt Ind ~ qrltrlr vith rllp.ct to Iny con.ent or oth.r
lotion to be tLkari by Bondhold. , thl City or thl Plyln9 Aqlnt
Ind R.ql.trlr, II thl call .ar ' Ihall 'Itablllh a r.eord date
for IUcb conllnt or othtr aot on nd qivI ore notiol ot luoh
r.oord dlt. no~ 1111 than 15 ollon ar day. in advlncl of .uch
rlcord date t~.th. Ixtlnt POllibll. Notic. to DTC .hall b. given
only Vh.n DTO il thl loll Bondholdl .
/
SlotlQn a.6. !hI .xlcution and .livlry ot thl
Rlpr...ntatlon Llttlr to DTC by thl M yor, Ind ,inlncl Dlrlctor,
in the tor. prlllntld at thl1 lilting ith luch chanqll,
olllllonl, inllrtion. and rlvllionl al hi Kayor Ihall dill
Idvlllbl. 1. hlrlby luthorilld and exec tion ot thl Rlprlllntation
Lltt.t'by the Kayor and PinancI Dirlctor Ihall b. oonolullv.
.vid.no. ot luch approval. Th. Rlprllln tlon Llttar Ihall lit
forth c.rtain .attar. with r..p.ot to, alo 9 othlr thingl,
notlc.., con. Int. Ind approval. by Bondhol ~rl and paym.nt. on the
Bondi. Th. Paying Aqant and Ragl.trar I. hOflby authorllld and
r.qu..tld to aXlout. tht ..ml and .hall havI the IIII riqhtl with
r,.plot to itl aotlona thlrlundlr al it hal with relpeot to It.
lotionl under thl Ra,olution.
-15-
jq/q
nl~loeEI
· IICV 1rI'I.vo. nLllCO'IClI '1111 , &-IHI 1I1~ I
MDlS IA4 'lilt 10 1'0110 IA
CC In lQot
3"~1."
".18
'.otlon '.7. In thl IVlnt that Iny tran.flr or .xchlft9. of
the Bondi 11 peralttl4 under Slctlon '.3 or .., blrlof, lueh
tranltlr or .xchang. .ball be aceolp11.hld upon r.o.ipt by the
Re91.trlr trol thl l' '1It.r.4 own.r. th.rlot ot thl Ilondl to bI
trlnltlrrld or .xc nqld Ind Ippropr1atl lnltrualntl ot trlnlt.r
to the p.rlittld t anltlrll. In the event Bond clrtit10atll ar.
1.lu.d to holdlrl th.r than Cedi I Co., ltl IUCCIIIOr II nOllnl1
tor DTC II hold.r till thl Bondi, or oth.r ..curlti.1 dlpo.ltory
I' hold.r ot 111 t I Bond., the provl110nl ot thl/R.lolution Ihlll
1110 apply to, alo 9 other thlnql, the printlnq 6f luoh
o.rtltloat.1 and t I 'Ithod Of Plya.nt of Pi.:1 afpal ot and
int.r..t on lueh C tlfloatll.
slotion .... I otticlrl of thl Cl~ arl hlrlby authorilld
Ind dlr.ct.d to prlp r. and turnllh to l~ld purcha..r, and to the
attornlY' approving t I llqallty ot lali Glnlral Obligation Bondi,
clrtifl.d OOpl11 Of I h proollalnq.,/6rd1nanCII, rllolutlonl Ind
r.oord. Ind all luch c rtltleatll In~ attidavltl and othlr
lnltrualnt. a, IIY bl r quirld to Ivldlnel the llqality and
lark.tablllty ot laid dl, and 411 clrtltild oopl..,
clrtlflcat.l, Ittldavlt. and oth,r lnltrUllntl 10 furnllhld,
lnoluding Iny h.rltotor. urnl. Id, .hall conltltut.
rlpr..lntltlon. of the cit I' to the corr.otnl'l ot all facti
.tltld or r.oltld thlrlln.
Slotion 7.
1'.W1I
(I) . ownorlhlp ot Bondi .ay be
tran.t.rr.d only lnq of an .ntry upon tho bookl
k.pt tor the rIg I rltlon nd trln.t.r ot OYnlrlhlp of the
lond., and In n oth.r vlY. Thl City Controll.r 1. h.r.by
Ippolntld I' B nd R.qi.trlr undor thl tlrla ot thi.
R"olutlon. eglatrar Ihlll laintain tho book. of thl IIIUlr
for the r.g trltlon ot owne hip ot thl Bond. tor tho
paya.nt of, rinolpll ot and I t.r'lt on the Bondi II providld
In thliliiR .olution. All Bond Ihall bl nlqotlabl. a.
provld.d n Articl. . of thl U itorl COlmorolal Cod. and
S.otlon 14.'1 of thl Code Of I WI, lubjlCt to the provillonl
for r~ 1.trltion and tran.tar C tainld in the Bond. Ind in
thh tlloluUon.
(b) rranlter. Thl ovnlr.hi ot any Ilond may bl
tranlt.rr.d only upon the Reqiltra ion Book. k.pt tor thl
r.glltration and tranltlr ot Bondi nd only upon lurr.nd.r
thlrlot It thl ottl01 of thl Rlqilt ar toqlthor with an
11119ft11nt duly .xooutld by the hol R or hil duly authorll.d
IttornlY ln tact in IUGh tOri al Iha 1 bl latlltaotory to the
R.qiltrar/ alon9 with tho addrlll and loolal locurlty nUlblr
or tod.ral I.ployor idlntltlcatlon numblr of .uoh tran.t.r..
lor! if roql.tration i. to bl mad. In tho nano of lultipl1
nd viduall, ot all luoh tranltlrlll). In the ovont that the
-u-
.........,'....,.. ..."""'......
1~/4
.lltWUIllIII.IIQIIlIW, llnllIIIIIIlII ~~ I'C',
nl:'oecl
ftUJlS IA4 r1," ta I'OlltS lA
".In
addl,.1 ot the rl9iltlr.d ovn.r of a Bond (oth.r than I
rl9iltlr.d ovn.r vhlch II thl nOlinl1 at th. bro~lr or d.allr
In qu'ltJon) J. that of . bro~lr or d.ll.r, th.r.1lult be
dllclo..d on the Igl.trltlon Book. the intcrllt on
pertaining to . re9btlre4 owner requlrl4 abo . Upon thl
trln.t.r ot Iny .uch lond1 I nlv tully rl;lltl Id Bond, ot
Iny 4enaainltio or d.nol nit ion' p.ralttt4 thll
R..olutlon in 19 r.gat. principIl I.ount:r to the
una.turld and un d....d prlnolpll .Iount t luch trlnltlrr.d
fully r'91Itlr.d on4, Ind bear1n9 1ntlr9 t .t thl .al' r.tl
and laturin~ on .11. dltl or dat.."hlll bI d.llvlrld by
th. Rl911trer. I.~
(0) . In all C.I.. ot
the trlnlt.r ot the ondl, the R~lltrar Ihall rI9ilt.r, .t
thl elrl1elt practlc bl. tl.l, 0 the ~'9iltrltlon BOOk'l the
Bondi, in acoordlncl lth the p. ovl.lon. of thl. RI.olut on.
1
(d) OVftlrlb!D. ~. to ,"y Bond, thl plrlon 1n vho..
nlll thl ovn.r'hfslot hl~I' .h.ll b. r.giltlr.d cn the
R'9iltratlon 100~1 ot . '91ltrar .hlll be dlllld .nd
r'9Ird.d I' the Ib.olut I vn~r thlrlof for III pUrpO"I, and
payment ot or on aceoun ot thl prlnolpll ot .ny lueh Bondi
Ina thl pr..llla, if Iny, Ind lnt.r'lt thlrlon Ihll1 be lad.
cnly to or upon the 01.41 ot the rlgl1tlr.4 cvnlr ther.of or
hi. legal r.prll.ntatlv.. All .uch payJlntl Ih.ll bI v.l1d
.nd .ttlotull to ~tllty nd dl.chlr9' the liability upon,
.ueh Bond, includ 9 the i tlfllt th.r.on, to the Ixt.nt of
thl .ua or lUll paid.
(.) . Al Bond. vhlch have b.ln r.d..I.d
Ih.ll not be ~. .Iuld but I all bl cancell.d by th.
R'9iltrar, All Bond. vhlch 1'1 eane.ll.d by the R.glltrar
Ihlll be d.,troy.d Ind a e.r ltloatl at th. d.ltruotlon
th.reof Ih,11 bl furnllh.4 p olptly to the Illu.r, pro~id.d
that 1f t . I.IU.: Ihlll 10 r.ct, the RIgiltrlr Ihal1
forward . clncll11d Bond. t the I..uer.
(f _ I In the IVlnt any paym.nt
ch.ck .prl.lntlng Plym.nt of r nolpal of or lnt.rllt on the
londl 1. r.turnld to the p.yln A91nt or it Iny bond I. not
prll ntad tor pl~.nt of prlno .1 It the lIaturlty or
r.~ ption dati, It tundl luttl i.nt to PlY luch prlnolpll ot
or nt.r..t on Bondi Ihlll hlVI .In lid. availabl. to thl
PI lng Aglnt tor the blnlflt of I ovnlr th.r.ot, all
l11blllty of thl %llu.r to thl OV 11' th.rlof for luch
lntlr..t or paym.nt of .uch Bond. hall forthwith Ola..,
t.flinat. and be OOlplltlly dl.ohar9.d, and th.r.upon it
.hlll be thl duty ot the Plying Ag.nt to hold .uoh tunal,
vlthout lilbillty for lntlrllt ther.on, tor thl b.n.flt ot
t~1 ovn.r of .uoh Bondi vho .hlll thlrlltter b. rlltriotld
ixclu.lv.ly to luch tund. for any olaill ot vhltlvlr nature on
-u-
w.w. CXQIlT, lICP11W,lUl)lLllIlIlII A1LRL"
""'""".........-,-
IV/~
n I:' [I ~I [I
hl1 part undlr th1. R'lolutlon or on, or vith rl'plct to,
.uch lntlr'lt or Bondi. Th. 'ly1n9 Aq.nt'l cbliqlticn to
hold .uch tundl Ihlll oontlnul for I p.riod aqual to two
y.ar. and .lx lonth. follov1nq thl dati on Vhloh .uob
int.rllt or prinolpll b.call du., wh.th.r at laturlty, or It
the date tlxed tor rlde.pticn thlr,of, or othlrvi.., It Which
till the Plyin9 Aq.nt, Ihlll aurr.nd.r Iny re.linlnq tUndl 10
h.ld to the Illulr, vhlrlupon any 01111 undlr thll Relolut1on
by the Ovn.r. ot luoh intoraat or Bondi ot vhltlv.r nltur.
.hall bI .adl upon the I.luar.
(q) I Thl R1911trar IIY
turnllh to e. ovnar, It thl r..u.r'l .xp.nl', o~. bond tor
.aob annuIl II ~lty. Th. Rlqiltrar .hlll turnilh Iddltlonal
bond. In 1...lr anollnationl (but not lal'7h ~ tha .in11U1
d.nolinltlon) to n OYnlr who 10 raqu'lt..
SlOt Ion I.
LQlt Bond,. In 0.11 an outltlnd nq Bond Ihl~l aCOII lutl1at.d
or bI dlltroy.d, atol.n ~lolt, thl r.lulr ,~all at the r.qualt
ot R.q1ltrlr luthent1cltl and d.llvlr I nov/Bond of like t.nor Ind
Ilount II the Bond .0 lutl atad, daltroyadf Itolln or 101t, In
IXchlng. arid lublt1tution tor luoh lutU~t'ld Bond to RIghtnr,
upon lurrandlr of IUch lutlXat.d Ilond, qt In lllu ot and
.ub.tltutlon tor tb. Bond da,troy.d, 1~611n or 10lt1 upon fl11ng
vith thl R'9iltrlr Ivld.nc. .at1ltlct~~y to thl Rag atrar and
r..u.r thlt luch Bond hi' bal~ daltro la, Itolen or lo.t Ind proot
ot OYnlrlhlp tharlot, and upon~tur~rl 1nq thl RIgiltrar and I,lulr
vlth .atiltactory lnd.anity an cOlplyln9 with luch othor
rlllonlbl. r.qulltlcnl a. thl r eUlr or ltl ag.nt .IY prl.crlbl
and payln9 luoh ,xplnl.1 II the IIUlr lay Incur in oonnlcticn
thlflvlth.
S.ction I. Rlaard DalA. PI anti of principIl and lnt.r'lt,
oth.rvl.1 thin upon tul1 r~l.ption .adl 1n r'IPlct ot Iny lond,
Ihlll bI lid. to thl rl9i,terod holder thor.ot or to thlir
dl.l9ftatld Iqlnt II thl ,all appalr o! thl book I of thl R.glltrlr
on th. 15th dlY ot the ~onth pr.cadln the payalnt dati. All luch
payalntl .hlll fully d .chlr9' thl ob ~ at10na of thl IIIUlr in
ra,plot ot luoh Bondi 0 thl Ixtant ot hi payaantl .0 ladl.
'afl.nt ot principal Ihlll only bl .ade pon lurrlnd.r at the Bond
to Chi Payln9 Agent
IIctlon 10.
~. Upon th adopt1on of thl1 Rllolutlo , the Hayor and Cl.rk
Ihall ,xlcute . d dll1vlr thl Bondi to thl Hlltrar, who Ihall
aUth.ntioatl the Ilond. Ind dll1var tho .IMI or upon ordlr ot
the PUrchal.r. No Bond .hall b. valid or obI ~tOry tor Iny
purpo.. or Ihal1 b. Intltl.d to any rlqht or b n.t1t hlr,undlr
unl.l. thl Rlqlltrar Ihall duly anaor.o Ind IXI ute on luoh Bond a
Clrtlfloat. of Authantloatlon lub.tlntial1y In t I tora of thl
Certitlolt. hlrlln .It torth. such c.rtiticatl upon Iny Bond
\
-18-
AllLOl Cfl\\1t mtlw.IUl)lL~MITlI',\LUlll'e
...-.".... ",..........
.
Ii/It!
- --
-- -- -- --- 1.----.
n 1:1 0 ~I ' I
. -. . -.. . ... ......
,..
I'
,Xlout.d on behalf at the Illulr .hal1 b. oonelu.lv. .vldlnc. thlt
the land 10 authentleat.d hll bI.n duly lalul4 un41r thl.
R..olutlon Ind that the hold.~.rlot 1. .ntitled to the blnltlt.
of thl. lllolutlon. .
..otlon 11.
~. x'lu.r r.,. I' thl r 9ht to nal. a .ublt tUtl,
IUOCI.IOf R'9i.trlr or p~ylnq A9.nt ur' n 9ivin9 prolpt vrlttln
notio. to .Ioh rlqllt.r~ bondholdlf
\
\
\
\
'.
-19-
AIII.lu,(D(lI1!. DlJIl1U1IUDII. hll\l I AWlLPC.
....-.."..... ..--
.
Ir/9.
n,:/O~le
'lotion la. rar. af Bon4. land. .hlll be printld In
lub.Clnelll GOIpllane. vith Itln4ardl propolld bY the Aalrlcln
Itlndard. Inltltut. .u~.t.ntl.lly In thl fora II tollov'l
~ 1/111//1/1////////1//1////1///////////////////1///1///// /
I '~
~ I (') I I (') I ~
! I III I I ,('1 I !
~ (1) ~
/ /
1 /
~~ (4) ~~
~ ~
I ~
~ /
I ~
'~ I
/ ~
~ I
~ ~
~ ~
~ (11) (12) (13) rII I (15), I ~
~ ~
1/ 1/1111///// 1/////////1/////////// /11/1/11///11111//11/ I
'ICURI 1
(Front)
-20-
wu axm. ~'"LU.IUl)IL I~mt I.w.&tL M.
-....."""'..,......-
,\
!
I~ /1/
n 1:1 t] :1 ~I
MDlS IA4 rIF" ItS 1t)11(5 IA
(10)
(Contlnuld)
./
/
)
.
(17)
(16)
-21-
AJIl,W fXla(1Y,D<lWlIW.IUl1(IL Ill"H t ~IU. PC.
..........\lIII 1l.\IOO4U'"
. ......... .
P,64
Ii/If.
I'
i
I
!
i
I
.1
i
I
I
,
!
n 1:1 CI ~I LI
.. . . .... ....~.",
CC ITT 1Uf
~l 93S6SC0911 .
P.05
/fURS UIl r11t11O ItlIIO IA
Thl t.xt ot tha Bondi to be loaatld ther.on It the It..
nuabtr. Ihovn Ihlll b. II tOlloYl1
Jtl' 1, tlqur. 1 . -'TATI or IOWA-
-COl/lfTY 0' oJOIlHSON-
-CI'N or IOIIA CITYI
-OENERAL OBLIGATION BOND-
-ZSSZNTIAL CORlORATI PURPOSE-
/.-
Itl'2, tiqur. 1,- Ratll
It.. 3, Uqurl '. KaturltYI
Itll ., tlqurl - lond Dat'l '.pta.blr 1,
It.. 5, t1fUrl . CUlip I
It.. " tlfUl'1 . -Rlql.tlr.dl
Itll 7, tifUr. 1 · e.rtltlcatl No.
Itel I, tiqurl 1 Prlnolpll Alount. .
Itll t, tl9Ul'1 1 · Thl City ot 10YI Ci , levi, I .unJclpal
corporation orvanilld In Ixlltln9 undlr I ~ by vlrtul of thl
Conltltutlon and lawl ot I Stat. ot lev (th. -II,ulr-), for
vIlul rlcllvad, proll.11 gapay troD th .aurol Ind I' hlralnatt.r
provld.d, on the .aturlty ~t. lndlcat abov., to
Itll tA, tlqurl 1 · (A' lltrlti pan.l to be cOlpl.t.d by
R'91ltrar or Prlntlr with na ot ~91ltlrld OWn.r).
It.1 10, tlfUr. 1 · or r. il~rld al.i9n'i thl prlnolpll .UI
ot Thou'lnd Dol arl In lawtul lon.y
ot I Unl 14 Itatl' ot Alerio. on thl laturity dati Ihovn lbovl,
only upon pr..entltion Ind lurrl d.r har.ot It the ottlc. of the
City Controlllr, Paring Ag.n Of il i"uI, or ltl luoe',.or, .
vltb lnter..t on .a d IUI t 01 th dati harlot until paid It the
ratl plr InnUl Iploltl.d I OVI, pi Ibl. on oJunl 1, 1"2, Ind
1.llannullly thlrllftlr 0 the lit IY of D.e.ablr Ind Jun. In
nob y.ar.
Int.r..t and p~r lpal Ihlll b. lid to thl r.gllt.r.d hold.r
of the Bond I' Ihown n thl rlcord. 0 'ownlrlhlp aalntllnad by the
R.glltrlr ~I ot thl 5th day Of thl .0 th next pr,oldlnq luch
lnt.r..t paYl.ntx I. Intlrllt Ihlll cOlputld on thl ba.l. ot
· 3.0-dlY Yllr of v.lv. 30-day lonthl.
Thl. 80n4 1 1..U.d purluant to thl rovlllonl Of S.otlon
31..25 of thl C'ty Cedi of IOWI, tOf thl pUrpo.. Of plylng COlt.
of the .quiPPi~9 Of pollOI and tlr. depart.lntl, thl oonltructlon,
rlconltruotlon, .xten.lon, i,provl'lnt. Ind .quipplng of vork. and
tlcl1ltll. uI.ful tor thl o011.otion of IlvaVI and indultrlll
va.tl In a .anltlry Ilnnlf, and tor the collaotlon and dl,polll of
lurf.ol vatlr. and Itr.al. and thl rlhabl1itatlon and lmprov'l.nt
Of .xl.tln9 Clty-ovnld park., In oontol'llty to a Rllolutlon at the
Counol1 ot laid City duly p.llld and approv.d.
-22-
AlUILCI.IlIIIr. DClIl1L1~ IlllJl& Illllll I WoIlLIt.
~.lMO 11......._
~ -,- ....
(
,
I'IIQ
- - --.., -- ...
n I:' 0 ~I 5
Unl... thll olrtitlolt. 1. prallntld by an luthorlltd
r.prl.lntltlv. of Thl Dlpolltory fru.t Co.plny to thl IIIUlr or
It. Iqlnt for r.qlatrltlon ot trln.t.r, IxChlnql or par.lnt, Ind
any c.rtltlcltl lllu.d 1. r.glltlrld in the na.a of C. . , Co. or
IUch othlr nal. II r.qulltld by an authorllld r.pr'llntltlv. ot
The Dlpo.ltory Trult COlpany Ind any plYJ.nt 1. .Id. to C.d. ,
Co., AMY fRANSFQ, PLlDCI OR OTHlR un HtRIOr fOR VAWI OR
OTHERWISI IY OR TO ANY PERSON IS WROHGFUL .lncI thl rI9i.t.r.d
ovn.r h.reot, Cldl . Co., ha. In lntlrllt hlr.in.
lond. .aturlnq tt.r Junl 1, 1"', .ay be cll1ld tor
r.d.mptlon by thl III .r Ind paid batorl .Iturlty on Illd date or
Iny lntlrllt payalnt It I thlrlatter, froljlny tund. r'9Irdlla. ot
.ourc., In whol1 or t 01 tlml to tl.. In p~rt, in lnv.r.. ordlr of
IIturlty and vlthln a Innual mlturitr by/lot by 91vin; thirty
daYI' notlc. ot rldl.p Ion to the reg .t~rld own.r ot thl Ilond.
Th. t.rm. of rldllptlon .hall bl par, plu. lecruld lntlr..t to
date of caU, "j
, Hotiol hlrlund.r lay b. 91vln bY/~19ilt.r'd .111 to thl ovnlr
at r.cord ot thl Bond at t I addr"'jlhovn on thl bookl of the
R.qlltrar Ind .hall b. dl. d oOlpll~1 upon 'll11n9.
OVnlrlhlp of thl. Bond ay b.;{ran.t.rr'd only by trlnlflr
upon the bookl klpt for .uch urp9" by the City Controll.r, the
RI;l.trar. 'uch trln.t.r on I,boo~. .hlll occur only upon
pr"lntltlon Ind lurrlndlr of 11 Bond It the ottlcl of the
Reqlltrar, toq.th.r with In 1.1 nmlnt duly Ix.cut.d by thl ownlr
hlrlot or hi. duly luthorllld~ ornlY In the fOri II .hall be
latl.tactory to the RI911trar laUlr ral'l'VII thl right to
.Ubltltutl thl RI9iltrlr and; Iyl q Aqlnt but 'hall, howlv.r,
promptly 91v. notlc. to rl91itlrl bondholdlrl of IUch chlnq..
All bond I Ihlll b. n'90tla 1. I' P ovid.d In Artlol. 8 of the
unifol'l COII.rolal Cod. I slctlo 384.31 cf thl Cod. ot IOVI,
.ubj.ct to the provl110nl for r.gl. ration Ind trln.t.r contaln.d
in lhl lond Rllolutlon.
Tbl. Bond 1. I '~allfl.d tlX"1 apt ob1191tionw dlll;nltld
by the City fcr PU~~"I ot Slotion 2 5(bl(3)(&1 of the Intlrnal
RIVlnu. Coal of 19861
And It i. hlr.~y rlpr'llntld and c rtlfild that III ICt.,
condltionl Ind thing. r.qul.lt., Iccordl 9 to thl lavl and
Con.tltutlon of t~. Statl ot Iowa, to Ixilt, to b. had, to b.
doni, or to b. p.rforl.d prlc.d.nt to thl lawful l1IU. of thl1
Bond, have bl.n"Axiltlnt, had, don. and Plrtorm.d a. r.qulrld by
llv, that provillon hI' bl.n lid. for the llVY ot a luttlol.nt
contlnuln9 annulI tax on all the tlXlbl1 prop.rty vlthln thl
t.rritory of the I..u.r tor thl payalnt ot thl prinolpal Ind
lntlrllt of thil Bond a. the .11. will rl.p.otlv.ly bl0011 dUI,
that the faith, orldit, rlVlnUl1 and r,loUrCII Ind all the r.al
and plrlonll proplrty of thl Xa.u.r 11'1 irrlvocably pl.dqld for
-23.
WII COQ\lI.lICJatILU,IL\~IUll,,"IIILIU."
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ItlN
nl:I[l:lb
Il(V IVlll2lIOX TnlCIJIIClt 'I'I1l '''IS-'' lZI2ffll'
MDlS IA4 n~ to ,.,110 IA
CCITT ~
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1'.07
"
I
till Pl'OIpt plYllnt lI.rlof, both prinoipal and Intlrutl Ind thl
. totll lnd.bt.dn,.1 at the I.lu.r lnoludin9 thi. lond, do.. not
,xc'ld thl eon.tltution.l or ItltUtOry 11.itltlonl.
IN TISTIMONY WHEREOr, the I..ulr by ltl counoll, h.1 elu..d
thl. Bond to b. .19n.d by thl ..nual .19n.turl of It. Mayor Ind
Itt.ltld by the lanual .19natur. ot ltl City Cl.rk, vlth the ..11
of .Ild City i.prlllld h.flon Ind to be luth.ntlcat.d by the
..null 119natur. ot an luthorllld r.pr...ntativ. ot thl k'9iltrar,
the city controlllr, Iova City, 10v.. "
!
nil 11, U9Ur. . Dati of auth.ntleationl
It.1 12, fiqu&'1 I . rbi, I. on. of th./Bondl dllerlb.d In
thl vlthln Ilntlori.d R..olutlon, II
r'91.t.r.d by thi City Controll.r.
1'l'Y ,CONTl\OLLZR
n'l 13,
I
Mayor
BYI
C ty Clark
. 2 . It il clrtitlld thlt the tollovln9 1.
a oorr.ot and co pl.t. oOPY of the
opinion ot bond counlll i..u.d II ot the
dati of dll1vlry ot thl illUI ot vhloh
thl. Bond il . part.
. (manual 119naturll
City Clark .
[opinion of Bond Coun..l)
Itll 17, tiqu&'I'2 · IAIIlqnDlnt 1l100kl
11ntOl'aation Rlqu rid tor
Rlqlatratlon)
-24-
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n I:' 0 ~I '-I
Il(V IVlllIIlCc TUlCIJIIClt '1'111 I I-IHI lZI2'lf'!1 I
. .. MDlS IA4 rlltt tts Itllta IA
cc ITT 1I3~
~I~l.e
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UIlGNK!H'r
. 'or valul rlc.lve4, the und.rllqnl4 h.r.by ..111, IIIIgn. Ind
tran.tln unto (Sooial Slcurlty or Tax
Id.ntltloatlon No. ) thl v1thln Bond and dOl a
hlrlby lrr.vocably conltltutl Ind Ippolnt
attornay In faot to tran.tlr thl laid Bond on the bookl klpt tor
r'91.trltlon ot thl within Bond, vlth tull pow r of .ubltltution
in the pr..l....
Cited
SXQNATURI )
QI1AJIAHT!ZD)
Th. Ilqnlturl(l) to thl Po Ir mUtt corr..pond with the '
nll'(') I' writt.n upo thl ICI ot the c.rtltloltl(l) or
bond (I) In Iv~ry plrtfcullr thout,.ltlrltlon or .nlarq.mlnt
or Iny chan9' vhltl~,r. Sl9n turl guarlnt.. Ihould bl mad.
by I 1.lb.r or I.Db,r orglnl.a Ion ot thl HIV York stock
1X0hlnql, Ilmblrl of othlr Exc In9.1 havln; Ilqnltur.. on
fil. vlth tranltlr Iqlntl or by I oOlllroial bank or tru.t
oompany.
IQUIRID FOR REGI TRAT%ON or TRANsrER
\
Nil. of Trln.t.r..( )
Addrlll of Tranlt. 1(')
100111 '.ourlty or TIX
%dlntlflcatlon mb.r of
franlferll(l)
Tran.t.r.. 1. I( )1
Indlvldull*
Partnlr.hlp
Corporation
frUit
*If the Bond 1. to b. r.gllt.r.d In the nlmll ot multipl.
lndlvidull OVftlrl, thl namll of III luch own.r. and onl Iddrl..
Ind .00111 ..ourity numb.r mu.t bl providld,
-25-
IIG.D~1\'I'Il1l D>Tl'".1I Nl\~I' \11""'."", 'f
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.
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Th. tollovSnq abbrlvlltion., vh.n Ulld In thl In.orlptlon on
\h. rle. or \hia Bon4, .hlll b. con.truld II though vrlttln out In
full Icoordift9 to IPPlielbll llv. or re9Ulltlon.1
flM COH · II t.nant. Sn oOllon
flM tHT · II tenlnt. by the .ntlr.t1..
:r TIM · I' iolnt tlnlnt. vith right ot lurvlvor.hlp Ind not
al tlnant. In oOllon
lA UNlr flAN. HIN ACT - ..........CU.t041In..........
(C11lt)- (Klnor)
und.r Iova UnitorJ Trlnl'.rl to
Klnor. Aot,......"..........
(.tlt.)
..oUon u.
l'lol~tlon con.tltutll a
purohal.r or thl Bondi.
Ilotlon 14. , . tllu.r rauonably
.xptOtl Ind oov.nlnt. thlt n u.. v 11 b. Id. ot thl proclld.
frol the 1..uancI Ind 1111 0 thl Bond. i IUld hlrlundlr vhich
will OIUII Iny ot the londl t be ollllltlld II Irbitragl bond 1
vithln the .eanlng ot S.etlon 41(1) a~d (b) of the Int.rnal
..v.nu. Cedi or thl Unltld Ita .1, Ind thlt thrcu9hout thl t.ra ot
laid lond. It vll1 co_ply vltb h. r.quir.l.nt. ot .aSd Itatutl
Ind rl9Ulatlonl llluld thlrlund rjl'
To the b..t knovl.d;1 Ind b li.t ot thl Illuer, th.r. 11'1 no
riot. or o1rOUJlltlncl1 that vo~l lltarlally chang. the forl901n;
.tatlllnt. or thl eonclu.ion that It II not ,xplot.d that thl
proc..d. Of the Bondi viII b~/uI' In I 11""'1' that would caUII
thl lond. to be IrbltraVI bond.. lthout 1111tin9 the Vln.rlllty
or the ror'901ft9, thl I..u,r hlrlb I;rl.. to comply vlth the
provll10n. ot thl Tax Ex.aptlon C.r lflolt. an4 the provSllonl of
the fiX Ixlaptlon C.rtlt#cltl 11'1 hi Iby incorporatld by r.f.r.ne.
II plrt Of thl. R"olut#on. Th. Tr. .ur.r 1. her.by dlr.ot.d to
Ilk. and In'lrt III c'lculltlonJ and .t.rllnltlonl nlcll.lry to
OOIpl.tl the fax 1X'~ption C.rtltlclt In 111 re.p.ot. Ind to
'X.outl and dlllvlr ~. fiX IXllptlon Irtlticlt. It llluanc. of
thl londl to e.rtlty II to the r'l.ona 1. Ixplctltlonl Ind
oov.nant. Of th. I..u.r It thlt dltl.
'lotSon 1St ~IVI~I~1lJty elauf:' t any Ilctlon, paravraph,
ollu" or provlaSon of thl1 Rllolut on b hlld invalid, .uch
lnvllldlty Ihll~not attlct any ot thl r"alnln; provl110n.
h.r.of, and thi, R"olution .hlll b.com. .tfeotlv. lmmedlat.ly
upon Ita PI'II~. and Ipprovll.
'.otlon 11. ~ COVlnlnt.. R'Dr~on. an~
'Irr.n~1 rllUlt. Thl 1.IUlr c.rtlf II and oovlnant. with
Chi puroha..r. and holder. ot thl Bond. trol time to tlm.
-21-
AlU.U.tllIlItl.mllLlllLlllll.llI/ll1t 4lUU.rc.
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Il(V IVlllVIOlC TtUCD'IEll "'" I ..ll-tI IZI~'
ItUIlS IA4 !'11ft tu Itlua IA
CCI"~.
~lnst.5ClO91110
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outltandlnq that thl I.IUlr throuvh It. otticer., (a' viII Ilk.
. .uoh further ,ploitic coy.nlnt., rlprlllntltlonl .nd a..urlne.. I'
IIY bI n.c..I.ry or adYlllbl., (b) eOlply with all
rlpr...ntltlon., covln.nt. and IllurlnCl1 contllnld In the TIX
IXllptlon Clrtlfic.t., whlcb fiX IXI.ptlon C'rtltlclt. .hlll
oonltltut. a part of thl oontraot b.tveen the Illulr .nd thl
ovn.r. of thl lond., (0) eon.ult vlth bond coun..l (I' d.tln.d In
Chi 'IX lXelptlon'Clrtltlo.t')1 (d) PlY to thl Unltld .tat.., a.
n.e"'lry, luch lUll of lon.y r.pr'llntin9 r.qulr.d rlbltl' of
'XC'" Irbltrl91 protitl r.l.tlnq to th. &ond" (I) fill luoh
fora., Itlt'lentl Ind lupportlnq dOCUllntl I' IIY be r.quir'd Ind
In a cll.1y aannlrl Ind (f) It dl.Dld nlcl.l.ry or a4vl.lbl. by
It. Offlc.rlt to I.ploy and pay ,l,cIl aVlnt., flnanclll IdYl.or.,
IttornlY' InG other plrlon. to ...I.t thl Z'lu.r In .ueh
oOlpllano.. /
S.otlon 11. I...
IXlmpt~. fbl. RI.o uti lay be "ln4Id w thout thl conllnt ot
Iny oVftlr ot thl Bondi It, nth. oplni6n of bend counlll, luoh
allndalnt i. n.c...ary to. ntaln tlx/lXllption vlth r..p.ot to
the Bond. undlr Ippl1oabl. r dlrll llW or r.gulltlon..
. lIlotic" 11. I. rorthl 1011
purpo.. of aualify n9 thl Bond II/-Qual t .d Tax Exllpt
Obl191tlonli purlulnt to thl Int.rnll Rlvlnul Codl ot the Unlt.d
atlt.., the I.lu.r d..19nlt.1 th~londl I' quallfl.d tax-.x.mpt
obl191tlonl and flprlllntl thlt ~ . rlalonably Intlo1plt.d Ilount
of tax 'X'lpt vovlrna.ntll and 9 , Slotion 501(0)3 obllvatlon.
whioh vUI III lalUt4 durln9 th~ cur .nt elllndlr Yllr vUI not
.xclld fin (10) Million DOl11~.
I.otlon 1t. .
Thlt all ordlnanc.. Ind r..olut on. an4 part. ot ordinlncll Ind
r'lolutlon. In contl1et h'~Vlth Ir. h','bY r,p.ll.d.
PAUli) AND APPROVED t.hla daY,\t , ,
1111. \
ATTEST 1
Mayor
Clark
-27-
/i/IY
n 1:1 0 ~, ./
j \If
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1111'3
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RESOLl1T10N NO. 91.207
RESOLtmON Al11'IlOIUZlNG AND DIRECTING TIlE FILING OF AN
APPUCATlON ON DEIw.F OF TIlE Cm' OF IOWA Cm' wml TIlE
DEP^RTMEHT OFTRANSPOm'ATlON, UNrrED STATES OF AMEIUCA. Fon
A GRANT UNDER SECTION 0 OFTlIE URDAN MASS TRANSPORTATION
Ac:r OF lOa-I. AS AMENDED, FOR TRANsrr OPERATING AND CAPrrAL
ASSISTANCE FUNDINO, AND DESIGNATlNO TIlE Cm' MANAGER AS TIlE
cm OFFICIAL Al1TIlOIUZED TO EX~:Cl1TE AND PROCESS Si\JD
APPLICATION.
WIIEREAS. thc Clly or 10Wll Clly hlls n munlclpllllrnn511 syslem: lInd
WIIEREAS. OIC &trcllll)' or TrnnsportllUon Is lIuthorlzed 10 mllke gronls ror mllss
tronlportllUon proJeela: lInd
WIIEREAS. OIC contmc\ ror nnllncllllwlllllncc wtlllmpose certllln obllgllllons upon the
lIppllcllnl. Including Ihc provlllon by II or Ihc locol shore or proJccls COils: ollll
WIIEREAS. Ills required by the U.S. Deportmcnl orTrnnlportollon, In nccordoncc wtUl
Ihc provisions or TlOe VI or Ihc ClvlllUghls AcI or 1004, thntlhe nppllcnnl give on
lIssumncc thotll \\111 comply wtlh TlUe VI or Ule Civil Rlghla Act or 1004 nnd thc U,S.
Deparllllenl orTrnnsporlnllon rcqulremenls Ihereunder: nnd
WIIEREAS. II Is thc gool or Ihc nppllcnnt UIRI minority bUllness enlerprlse be utilized to
thc rullest exlcnt poSSlblc In conjuncllon wtUI IIIIs proJccl. nnd Ulnt dennlllve procedures
shllll be estnblllhed nnd ndmlnlltered to ensure Ihot mlnorlly businesses shnll hovc Ihe
mnxlmum feallble opportunlly to compelc ror conlrocls when procuring conslmcllon
conlmcls. suppllcs, tqulllmenl conlmcls. or consultnnt nnd other selVlccs.
NOW. TlIEREFORE, DE rr RESOLVED DY TIlE cm COUNCIL OF TilE cm OF IOWA
Cm', IOWA, lIS FOLLOWS:
1. Tlmlthc City Mnnnger Is nuthorlzed to execute and me nn nppllcnllon on beholr
or Ule City or 10Wll Clly with UIC U,S. Depnrtment ofTrnnsporlntlon, to nld In Ule
nnnnclng of tmnsll opemllons nnd cnpllnl hnprovemenls pursunnlto Section 0 of
I Ihe Urban Mass Trnnsporlntlon Acl or IDa-I. ns nmended.
I
i.
2, T1lllllhe City Mnnnger Is nulhorlzed to exeeulc nnd me wllh sold nppllentlon nn
nlsurnncc or nny other documenl required by the U.S, DepnrlmenlorTrnnsportn.
lion eITccluntlng Ihe purposes ofTlUe VI or Ihe CIvlI Rlghls Act of lOa.\.
3, T1ll1lthe City Mnnnger, or Ihe Johnson Counly Council of Governments nctlng ns
Ihe City Manngcr's reprcscntnllve, nre nuthorlzed 10 furnish such nddltlonnl
Infom18l1on nlthe U.S. DCllllrlment ofTmnsportnllon mny require In connection
wtth the nppllcnllon.
4, T1mllhe City Mnnnger Is nulhorlzcd 10 sel forth nntl exccute nffinnnllve mlnorlly
business pollclcs In cOI~unctlon wllh the project's procurement necds,
/~~9
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Resolution No. 91.207
Page 2
II. TImlthe Clly Mllllllger" lIulllOl'ltcd 10 cxcwle gnlnl ft~<<mellll 011 behalf of UIC
Clly or lo\\'a CIIy \\1lh Ihe U.s. Dc:pArtmclIl or Thlllsportolloll for old In IIle
RlIlmrlng or Inmsll opcmllolls 0/111 coplloIIIllPIOYell\~lla.
II \I'OSlllO\'ttI by !Cubby ond'ccolld~ by IIorovl U IIlc Rtaolutlon be
ndoplcd. and U poll roU coUlherc \\'en!:
AVES: NAYS: ABSEm':
X Ambrtaco
- -
...!.- - Courtney
..!- - Ilorowll1
X Kubby
- -
X Loraon
,- -
McDolmld
- -
...1- - Novlck
Pw~ ond Oppf'O\'Cd Ihl' 20th day or AURUIt .1001.
'U ft~L- ~e
AT1'ESI'l n..~d.,J iI. -/!.....J
Ei1YoecLERK
Ily Allomcy's Office ~"'~I
ICdllloWl,/t.
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II
RESOLUTION NO. 91.208
RESOLUTlOtl AUTHORIZItIG THE SUBMISSIOIl OF A IIOUSItIG ASSISTAtlCE
FUND PROGRAM APPUCAnON TO THE IOWA FltlAIlCE AUTHORITY (IFA)
FOR THE PURPOSE OF FUNDItIG A REtlTAL REHABILITAnOtl PROGRAM.
WHEREAS, tho CIIy Councll of Iowa Clly beDovo, I1I1 In \ho publlo Inlorolllo Improvo tho
condlUon and tho lIVallllblIily olallordablo ronllll housing lor lis rosldonts; and
WHEREAS, tho CIIy Councll rocognlzos thai thoro oxlsts a local problom with tho lIVanablnly and
a"ordablllly 01 olflcloncy and ono bedroom ronlal units lot low and modorato Incomo porIOns; and
WHEREAS, tho CIIy Councll 01 Iowa Clly wlshos 10 oncourogo IondIords 10 malnlaln tho rontal
properly yol koop Ilalfotdablo lor low ond modoralo Income porions: and
WHEREAS, tho Clly Councll 01 Iowa Clly wish os 10 ullllzo lunds Irom tho Iowa Fln4nco Au\horlly
lor tho purpoao 01 lundlng 0 Iow.lnlorosl Rontal RohabllilaUon Loan program.
NOW, THEREFORE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF laNA CITY,
IOWA thai tho Clly Managor 01 Iowa Clly be authorlzod 10 submit on oppIlcatlon 10 tho Iowa
Flnonco Authority lor tho purposo 01 funding 0 Ronlal Rohabllltallon program.
Itwoamovodby Novick ondaocondodby Kubby
adoptod, and upon roU call1horo woro:
tho Roaolullon bo
AYES: NAYS: ABSENT:
X Ambrlsco
x Courtnoy
x Horowllz
X Kubby
x Larlon
A McDonald
X Novick
Passod and approvod Ihls 20th day 01 AUKult
.1991.
Y1
ATTESTiIft~-.J
CI LERK
ppdckdbg\JFA.1I1
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n 1:1 CI ~r Lf
City of Iowa City
MEMORANDUM
Dato: AugUll13, 1091
To: City Councll .
From: Marda Halo. Assoclato PIan~~
Ro:' Iowa Ananco Agoncy Housing Asslltanco Fund Application 10 Roqu011 $75,000
lor a Ronlal Rohabllltatlon Program
· Stato 01 Iowa Dopmonl 01 Economic Dovolopmonl Application 10 roquoll
$80,000 In Ronlal Rohabllltatlon Funds.
Tho lollowlng Is a summary 01 t'No oppIIcatlons wo aro propatlng 10 bo submlttod 10 tho obovo
agoncloslor Ronlal Rohabllltatlon lunding In oarly Soptombor. It II roquoltod thai you rovlow Ihll
information and oxocuto a rosoluUon authorizIng tho lubmlsslon 01 thOIO applications.
.
~
Tho IFA plOvldOI finandal aSllstanco lor a varioty 01 housing plojocll, plograml and aclMllol
which con~ibuto to tho goal 01 providing doconl, lafo and affordablo housIng lor low and
modorato Incomo porsons. Bocauso thoso lunds allow lor croatlvo.lnnovatlvo plolocls, wo 1001
this Is an Idoal opportunity to roquolllundlng lor alypO cl Rontal Rohablntatlon plogram that II
not currontly posslblo undor othor fundlng sourcos.
Thoro has boon an ongoIng nood In Iowa City lor a plogram that would allow lor tho rohabllltatlon
01 smallor.alzod (offlcloncy. 1 bodroom) rontal units. Tho lodorally lundod Ronlal Rohabllltatlon
program that has boon usod oxlonslvoly In Iowa City altongly d1scouragos tho rohabllllatlon 01
smallor units, Communltlos may bo ponallzod by limiting luturo lunding IIsmallor units aro onon
rohabbod.
Currontly, Iho Housing Rohabllltatlon program waiting IIsllor rontal rohab lundlng Includos 12
offlcloncy and ono bodroom units. Thoso units would havo ronts at or bolow tho lair ma'kol valuo
and bo afford!lblo 10 low and modorato Incomo poraons altor rohab, Thoro oro currontly 217
porsonslhousoholds on tho waiting IIs110r ono bodroom Asslslod Housing units (with and wlthoul
Fodora! Proforonco). Tho avorago wall lor a ono bodroom Is 6.7 monlhs comparod to 3.1 month
lor a t.vo bodroom through tho Asslalod Housing Program.
Tho dotalls ollho application aro as follows:
.
Tho ap~lcatlon 10 IFA will roquosl $75,000 lor tho purpcso of rohabllltal1ng
approxlmatoly 12.0lllcloncy and ono bodroom rontal units,
Tho City will provldo $25,000 01 Community Dovolopmonl Block Granllunds,
currontly budgotod undor tho HousIng Rohabllltatlon program as tho roqulrod 25%
match.
1'3
""'~'" .!....'.,r ,...' .-' .
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· Tho plogram will provldo Ronl4l RohablUl4Uon flnanclng to proporty ownors 01 0
S% annullllnlorosl roto wllh 0 maximum loan amount 01 $8,200 par unit. Tho
maximum loan porlod will be IS yoars,
· Tho $75.000 rocolvad Irom IFA will bo In Iho lorm 01 a 2% 15.yoar loan 10 bo paid
back on an annulll basis 10 IFA,
. Tho rovenuo Irom Iho dilloronco boM'oon Iho 2% and 5% loan will bo usod 10
rolmburso Iho City lor costs Incurrod In admlnlstorlng 1110 program (npproxlmatoly
$20.000).
. Property ownors will bo roqulrad 10 I~sl sook rontors for thoso unlls Irom Iha
curronl Asslstod Housing walUng list.
· Tho property ownors musl conl/nuo 10 ronltho units 10 low and modorato Incomo
porsonslor Iho duraUon of 1110 loan portod. Stall will monllor this roqulromonl on
an annual bnsls.
10wI Departmont 01 Economic Dovolopmonl. Rontal Rohabllllallon Program Appllcallon
Tho Iowa Dopor1monl 01 Economlo Doyolopmonl (IDEO) Is a Slalo admlnlstrotlvo agoney.
authortzad 10 ollocato and admlnlstor Iundlng lor a varloty 01 public plograms. IDEO has
admlnlslorad Iho Slato Ronlal RohnbllllaUon program lor non.onUUomonl communlllosas wall as
olhor housing rohabllltaUon programs lor a numbor 01 yoars.
Tho lodorally lundod Rontal RohnbllllaUon program Is In lis lasl yoar 01 funding ond opproprlallons
ollhoSO funds havo boon roducad slgnlllcanUy comporad 10 ploYlous yoars, On an onl/llomonl
baals, IhO CIty 01 Iowa City would rocolvo $32,000 lor IhO 1991 program. Proylous ollocallons
havo avoragod about $80,000 por yoar, Bocauso Ihls allocal/on Is loss than $50.000. Iho City
has oloclod nello Bccoptlho 'Formula Allocallon., and Insload. add Its $32.000 10 1110 pool cf
monoy Bdmlnlstorad through IDEO. Tho City can Ihon apply lor lunds II1rough IDEO which havo,
In Iho past, provon 10 bo moro lueral/vo lor communlUos In othor similar elreumslaneos.
this Ronlal Rohnbllllallon program spoelncally oncourogos tho rohnbllllaUon ollorgor (two.four
bodroom) rontal units, Tho nood lor ollordablo rontal units of Ihls slzo has long boon doeumonlod
In Iowa City. Tho currant wall/ng IIsllor Asslslod Housing unlls 01 two 10 four bodrooms Is 160
housoholds (wllh and wllhoul Fodoral Proloroneo). Thoro aro eurronlly 20 ronl4l unlls (12 ono.
bodroem. Slwo'bodroom. and 3throo.badroom units) on tho Ronlnl Rohnbllltallon wall/ng IIsl.
Tho dotalll ollho oppllcallon ond programl aro as lollows:
· Tho oppllcallon will roquosl $80,000 01 lunds 10 rohabllitalo opproxlmololy 10.12
ronlal unlit.
· Tho program funds 50% 01 tho rohabUltnllon eosls: tho proporly ownor tho olhor
SO% up 10 a maximum 01:
$5,000 . Elfleloncy Apartmont
$6,500 . Ono badroom unll
$7.S00 . Two bodroom unit
$8,500 . Throot bodroom unit
Tho portion conlrlbulod by tho program Is In tho form 01 a lon.yonr doproelallng
loan.
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· Ronla mull bo at or bolcw tho 14Ir nwkol ronL
· 70% 011110 ronlo" mull bo low and modorolo Incomo.
Tho HOU1lng CommIuIon has rOYfowod and ondo"od both oppllcadOlll Ollholt AuguII13, 1991,
moollng. A coqlIolo oppIlallJon 10( both lundIl. avoJlabIo lor your rovlow altho City Clork'.
olllco,
bc5017
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RESOLUTION NO, 91-209
RESOLUTION AUTHORIZING THE SUBMISSION OF AN APPLICAnON TO
THE STATE OF IOWA DEPARTMENT OF ECONOMIC DEVELOPMENT (IDEO)
FOR THE PURPOSE OF FUNDING A RENTAL REHABILfTAnON PROGRAM.
WHEREAS, 1110 City Councll 01 Iowa City boDovos Ills III tho public III10rosllo Imptevo tho
condiUon and !ho avllllllbllity 01 aflordablo ronlal hoUllng lor 115 rosldonll; and
WHEREAS,Iho City Council rocognlzos thai thoro oxls15 a local problom with tho avanablllty and
ancrd4blDty 01 tNQ.bodroom and 11IIgor rontal unltl alfordablo 10 low and modernto Incomo
poraons; and
WHEREAS, tho City Council of Iowa Clly wlshos to oncourngo landlords 10 mlllnlllln tholr rontal
prcporly Yol keop II allordablo lor low and medoralo Incomo poraons; and
WHEREAS. tho CIIy Council of Iowa City wish os 10 utilIze lunds Irom tho Iowa Dopartmonl 01
Economlo Devolopmontlo osslsllocallandlords In making Itnpfovomonls on tholr rontal unl15
within Iowa City.
NOW, THEREFORE, BE IT AESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY.
IOWA !haltho CIIy Managor 01 Iowa Clly bo aulhorlzod 10 submit an oppIlcatJon 10 tho Iowa
Dopartmonl 01 Economlo Devolopmont (IDEO) lor tho purposo 01 lundlng a Ronlal Aohabllllallon
program.
II wal movod by Novlrk and socondod by I.mon
acloplod, and upon roll call thoro woro:
tho AOlolullon bo
AYES:
X
X
X
X
NAYS:
ABSENT:
Ambrlsco
Courtnoy
Horowitz
Kubby
Lorlon
McDonald
Novick
y
y
x
Poslod and approvod this 20th day 01 AUglllt , 1091,
ft,1)~
ATTEST' },'d.t:"...J'p' ,Jd,ttJ
CfmLEAK
ppddcdbgllOEO"o.
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RESOLUTION NO, 91.210
RESOLUnON AUTllORIZING nlE idA YOR TO EXECUTE AND nlE CITY CLERK
TO AnEST A SUDORDINAnON AGREEMENT DElWEEN THE CITY OF IOWA
CITY, IOWA, AND ItILLS DANK & TRUST CO. FOR PROPERTY LOCATED AT
1117 Eo COlleGE ST.
WHEREAS, tho City otlowl Chy Is Iho ownot and holdel 01 a cOllllln OopIocI4llng Uon, which 1111115
limo Is In Iho amounl 01 $3,272,99, o.oculod by lho 0WlI01 011117 E. Conooo SIIOO~ dalod AugUl1
27.1987. and IGCOrdod Soplomboll, 1987, In Book 974, 01 PllOO IIn Iho Johnson County Rocoldor'l
Olfco covorlng Iho Iollowlng-dosalbod 1001 ostalO:
COmmonmg 320 1001 01lS1 01 tho IlOIIhwol1 COIllOr ollol 1001 J, & J. W. CI4rk'I
Adcltlon 10 Iowa c1ty.lowa.lICCOl~ 10 tho rOCO/cIod plaltholool.lhonco 0011541001,
thonco soulh 150 loo~ thoneo W01IS4 loo~ Ihoneo north 150 100110 tho ploco 01
~Ino,
WHEREAS, HilIt Dank & TNlI Co" Johnson County, Iowa. II aboullO loan tho lum 01 $68,600 on
. promissory nolo 10 be o.ocutod by tho ownor 011117 E. conOOO SIIOOI, locu,od by a morlOOoo
covorlng tho loal oltalo doSCtlbod obovo, and
WHEREAS, Hilt Bank & Trusl Co. hllS loquOllod thai Iho City O.ocuIO tho all4Chod luboldlnallon
.ll'oomon~ Iholobv making laid lohobllaallon lion hold by Iho City IUberdlnalo 10 tho lion 01 laid
morIgago obout 10 be mado by Hils Bank & Trusl Co., and
WHEREAS, thOlO II lulllclonl VlWO In tho abovo-doscrlbod rool ostalo 10 IOCUIO laid lohabllltatlon
loan U I locond Ion.
NOW, THEREFORE. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY.
IOWA:
Thallho Mayor II aulhorlzod 10 o.oculo and tho City Clo,k 10 allolltho attad10d Subolo1nallon
Agloomonl bolwoon tho City 01 Iowa City and Hils Bank & TruSI Co. 01 Iowa City, Johnson County,
Iowa.
II WlIS moVGd by !.orIOn and locondod by COllrtnoY
odoptod. and upon Ion caJlthoro WOIO:
tho Rosolullon bo
AYES: NAYS: ABSENT:
x Ambllsco
,-- Courtnoy
-
-X- Horowltz
...1- Kubby
...1- LalSOn
-1- McDonald
-1- Novick
Paasod and opprovod this 20th day 0'
ATTESTJi/Ai{"..J I!. {w
CITY'CLERK
ppdllhlblll17oo1./t1
143~
tl I:' [I ~, CI
I'
SUBORDINATION AGREEMENT
AGREEMENT made this !2lli.. day of AII~IIU , 19.1l' between
the City of Iowa City. Johnson County. 1011II, herein referred to as the
City. and Hills Bank & Trust Co. of Iowa CIty, Johnson County, Iowa.
IT IS AGREED AS FOLLOWS:
WHEREAS, the City 11 the owner and holder of a certeln rehabilitation
loan IIhlch at this time Is In the Mlount of S, 3.272.ij executed by
Th. City of Iowa City and Richard J. ~aanlr
dated August 25 . 19.!l. and recorded S'Dtllllb.r I . IgJl2...
In Book 974. at page 71 . In the JOhnSO}County Recorder's Office
covering the following described real estate:
Commencing 320 feet east of the northw.st corner of Lot 10 of
J. & J. W. Clark's AdditIon to Iowa City, Iowa, accordtng to the
r.corded plat thereof, thence .ast 54 f.et. thence south 150
feet. thence west 54 feet, th.nce north 150 f.et to the placa of
b.glnnlng.
WHEREAS. Hills Bank and Trust Co. Is about to loan the sum of
S 66.600 on a premlssory note to be executed by UP h BAnk ~ Trll,t rft.
and Richard J. Waaner . secured by a mortgaga coverlng tha real
estate descrlbed. and
WHEREAS. to Induca Htlls Bank & Trult Co. to make such loan It 11
necessary that the rehabl1ltatlon loan held by the Clty be subordinated to
tha 11en of the mortgaga about to be made by Hills Bank '-Trust Co,
For tha reasons set forth above, and tn conslderatlon of the mutual
covenants and premises of the parties hereto. the City agrees as follows:
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,
2
11
..
I. Subordination. nil CIty hereby cOYtIlanls IIId lOr... with """
Bank & Trult Co. tIIat tII. abov"ltntlontd r.habllltatlon loan
h.ld by thl CIty II .1Id Ih.1l cont Inu. to be lubJ.ct .nd lubordlnat. to
.
the lion of tII. IIOrt;a;. Illout to be 1IIcf. by HII II Blnk & Trult Co. .
2. Consideration. In conlldtrltlon of the City
lubordlnatln; tII. rthabllltltlon loan IIIld by It to be t"'lOrt;a;. of _
Hili. Blnk & Trult Co. . lhall IIkl tII. abov'"lIlI!nt lontd IOjn to
Richard J. IIlon" and
J. HortoaQ!!. TII. IOrt;agl to -W!l1Jlpk I Trult I'll shall
be In tII. lIlO",t of S &6.600 with tnttrtat at J.95 porclnt due and
PlYlbl. In ..!!2...lIOI\thl,lnlt.lllenls IIId tII. Cltl htrlby .cknowltd;tl till
no tIc. of thl IOrt;.;. IIId Icknovltd;ta It IS . 1Ien luperlor to the
r.h.bllltatlon lOin of tII. Cft,.
4. Blndlno '''.ct. Ill" agreMent 11I.11 be binding upon and Inure to .
the b.nlftt of the respect h. heIrs, legal reprtUntatfYII, lucclllors,
.nd 'lsl;nl of the partl,s hereto.
ATTESTI
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3
STATE OF IOIlA
JOHNSON COUNTY
I
I SS:
011 thIJOIl>~dlY or, , 19.2L. blrore Ill, the
undersloned.""i'1lOEery Pub e n I or . I' OnOll\l, perlOnllly
Ippelred ~J'\..n'f1o Ind ~r'.ll.r'I ~ K/lf. .
to me perlonl y nolll, II . belno by lilt duly sllOm. cI say t at thlY Ire
the Hayor and CIty Cl.rk respeetlvlly. or satd IlIl11lelpel corporltlon
executfno the withIn and foreoolno InstrUllent to whIch this Is eUeched.
that the suI affixed thereto Is the SIll or satd IMlelpel corporation,'
thlt SlId InstrUllent \/IS sloned and SIlled on behllf of Slid llIuntelpa
cor ratIon bYluthorlty of Its City C unell; end thlt the saId
and ~ as such offIcers
Ie now oe e emu on of SI 1 rllllln o. . voluntary act and
died of slId IIlUIIlelpal corporatIon. by It and by them voluntarily ex.-
cuted.
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RESOLUTION NO. 91-211
RESOLUnON AunlORlZlNG TIlE iotA YOR TO EXECUTE ANO THE CITY CLERK
TO ATTEST A RELEASE OF MORTGAGE FOR PROPERTY LOCATED AT 417
GARDEN smEET,
WHEREAS, on Oclobor 27, 1890, Iho proporly ownOfl al417 Oalllon S~OOI oloculod a Promissory
Nola In tho amounl 01 $1 ,sn,oo, lor vaJuo rocolvod through a Housing Woalh4r1z11llon LoM: and
WHEREAS, tho NOlO, rOCOtdod Novombor 8. 1990 al Book 1182, Paoo 201. Johnson County
ROCOfdor. CIlIlod a Ion agaJnsllubjocl proporty.
WHEREAS, tho NOlo was pAId In fila on AugustS, 1891: and
WHEREAS, h Is now 8ppropllato IOf &ho City to rolmo tho mOrlOIlQO and 0_111 tho Ion Ctoatod
thoreby.
NOW. THEREFORE. BE IT RESOLVEO BY THE CITY COUNCIL OF THE CITY OF IOWA CITY,
IOWA.lh4ltho roloaso 01 tho Ion aQlllnl1 ptOpOrty Iocalod al417 Oordon S~OOIIs horoby apptOvod
and &hallho Mayor Is aulhorlzod 10 oxOCUlo and tho City Clork 10 OUOlltho OllllChod Roloaso 01
Mor1OllOO.
II was movod by Courtnoy and locondod by Albr !lco tho Rosolutlon bo
..-..-.- ...,,--..-... .~-..-.. - I adoptod, and upon roU caIIlhoro woro:
AYES: NAYS: ABSENT:
x Ambllsco
- -
....1- - Cou,tnoy
....1- - Horowitz
....1- - Kubby
....L. - Larson
....L. - McDonold
x - Novick
-
PalSod and approvod this 20th day 01
ATTEST' JA(JJ;tUe2L~J..
'CWy CLERK
ppdrthlbl417grdn.,..
1L/33 !
n 1:1 CI b ~I
RELEASE OF 1oI0RTOAQE
,I
I
DAIO: AURUI\ 20. 1991
KNOW ALL MEN BY THESE PRESENTS:
ThaI tho Clly 01 Iowa Clly don hGroby ,olooso tho Iolowlng.doscIbod pIOpOrty:
~O fOOl 0" tho SouthWOII lido 01 LoI ~ and 30 foOl 0/ tho NorthoUI lido 01 Lol4 In
Block 52 In EosllowA Clly .IOWD, occordng 10 tho /OCOIdod plAllho/oof. and doIcIbod
by molOI and bounds as 1ollowl,lo.wll: Dogklnlng III pokll on tho SoIIthoasl LoI Uno
01 Lol4, 01 Block 52, 01 EaslloWll CIIy, Iowa. which lAid pokllll 30 1001 Soulhwoll
01 tho Soulhoosl como/ of LoI ~ ollllkl Block 52. IUMIng 1Il0nco In I NoIthoaalO,tt
dlroetJon folowlng tho Southoosllol &no 01 lAId LoI 4, and tho Southoosllolllno 01
IlIkl LoI ~, a dl\AllCO 0/ 60 1001: 1Il0nco In . NonhwollBftt drOCllon on a Uno parallol
wllh 1Il0 Southwolllollno of laid LoI ~, and kooplno . ds\AllCO 0130 fOOl1tom aald
Iolllno, 10 tho SouthOA1I &no 011ho alloy In lAId Block 52: thonco SoIIthwollOrtt
following lho NOIlhwoll101 Ino ollllkl lois ~ and 4. . clstanco 0160 1001: 1Il0nco In
o Southooslorly droctbn on a Uno porolIol with tho Soulhwolllol Uno 01 lAId LoI~. and
kooplng . d1ltanco 0130 fOOlth%lrom, 10 tho SoUlhoaallo1 Uno ollllkl Lol4,IO Iho
ploco 01 boolMlno.
from an obllgallon ollllo property Iocolod 01 417 Oard4n SL 10 tho Clly 01 Iowa CIIy. IoWll,In tho
prlnclpnl amounl 01 $ t ,577,00 /oprolontod by IIllOItQAOO rOCOfdod In tho 0IfIc0 of tho Johnson
Counly Roco/do/ on Novembo/8. 1890. In Book 1182. pogo 201.
Thll obllgollon has boon fo/gIvon In fun and tho IIoMnollQlOO II ho/eby /oloosod.
~CITY OF 10WAP.\f
By: _ /I~ l:f~
)'0/ .
ATTEST:
~
~Iork .
STATE OF IOWA )
)55:
JOHNSON COUNTY )
On Ihls '10 +" day 01 ~ . A.D. 18lL. bof% mo, 1ho
undorslgnod, a Notary Publlo In and for lAid County, In IBId StAlO, po/sonaJly Appoarad John
McDonald and Martan K. Karr,lo mo porsonally known, who bolng by me duly I'Mlm. did lay thatlhoy
a/a tho Mayo/ and City Clark, /ospocUvoly, 01 loId municipal COIJlOlOtbn oxocuUng tho wtlhln And
forogolng Instrumonl: thai tho 1001 Alllxod Ihoroto litho loal 01 laid colpO/ollon by Authorlly ollis Clly
CouncU; and thai tho .lIkl corpo/allon by authority ollis CKy Councll: and thol tho .lIkl John McDonllkl
and Marlon K. KBI/ as .uch olflcol1 acknowlodgod tho OKocutbn ol.lIkllnltrumonlto bo tho voluntary
ael ond dood ol.ald COIpO/allon. by It and by thorn voluntarily oxocutod.
S-'t'~ar
Notary Public In and for Johnson County, Iowa
417grdnJom
1'133
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IIH.)
I'
RESOLUTION NO. 91-212
RESOLunON AUTHORIZING THE MAYOR TO EXECUTE AtIO THE CITY
CLERK TO ATTEST A SUBOROIIIATlON AGREEMENT BETWEEN THE CITY
OF IOWA CITY AND HILLS BANK & TRUST COMPANY FOR PROPERTY
LOCATED AT 314 S. GOVERNOR ST.
WHEREAS, tho City 01 Iowa City Is tho ownor and holdor 01 a cortaln doproclallng Don whldl has
a curronl amounl duo 01 $4,200, and this lion was oxocutod by tho ownors 01314 S. Govornor
Sl100l cn Docombor 19. 1086, androcordod Docombor 29, 1086, In Book 005 at Pogo 226 In 11I0
Johnson County Rocordor'a Offico covorlng tho lollowlng doscrlbod roal oslalo:
Beginning al a point 150' nOlth 01 tho soulhwosl comor 01 Oullol Ono (1) In Iowa
City, according 10 tho rocordod plallhoroo', ruMlng lIIonco oasl155',thonco north
40'.thonco wos1155'. thonco south 40' 10 tho placo 01 boglnnlng.
WHEREAS, Hills Bank & Trusl Co., Johnson County, Iowa, has mado a loan 01 tho sum 01
$69,500 on a promissory nolo thai was oxoculod by 11I0 ownors 01 314 S. Govornor Sl100l
covorlng tho roal oslalo doscrlbod abovo, and
WHEREAS, Hills Bank & Trusl has roquostod thai tho City oxoculo tho allachod subordinaUon
agroomonlthoroby making said rohab/lllallon lion hold by tho City subordlnalo 10 &ho lion 01 said
mortgago thai was by Hills Bank & Trusl, and
WHEREAS, thoro Is sulUclonl valuo In tho abovo doscribod roal oslalo to 10curo said
rohab/IlIaUon loan as a socond lion.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY.
IOWA thai tho Mayor Is authorlzod 10 oxoculo and Iho City Clork to allosl Iho altachod
subordlnaUon agroomonl botwoon tho City 01 Iowa City and Hills Bank & Trusl Co. 01 Iowa City,
Johnson County, Iowa.
II was movod by Ambrhco and socondod by Noy Ick tho Rosolullon bo
adoplod, and upon roll call thoro woro:
AYES: NAYS: ABSENT:
x - Ambrlsco
x - Courtnoy
X Horowitz
-
X Kubby
X -
Larson
x -
McDonald
-
X - Novick
Passod and approvod thIs 20th day 01 AURult ,1001.
ATTEST: ~~.,.) ..f!
CI CLERK
ppdc~14lgov,rol
1434
n 1:1 CI b S
SUBORDINATION AGREEMENT
\/HEWS. Htlh Bank & Trult Co. Is about to loan tha sum 0'
S 69,500.,2L.on a p1'Ollllssory note to be executed by Hl1h Bank & Trult Co.
and Carol ThOtllPlon. Ernest N'chol~lcured by a mortgege covering the real
estata described, and
, \/HEREAS. to Induce Hllll Bank & Trult Co. to make such loan It Is
necessary that tha rehabilitation loan held by the City be subordinated to
the lien 0' the mortgage about to be made by HtI 11 Bank & Trult Co.
For the reasons set 'orth above, and In consideration 0' the mutual
covenants and prOllllses 0' the parties hereto. the City agrees as 'ollows:
.'
i
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2
,I
I
I. Subordination. Th. CIty h.r.by cov.nants and aor..s with
Hllll Sank' TrUlt Co. that the abov,'mentloned r.habllltatlon lOin
h.ld by the City Is and shall contlnu. to be subJ.ct and subordlnat. to
the lI.n of the IlIOrtoao. about to be INd. by HII 11 Sink & Trult Co. .
2. Conslderltlon. In consideration of the City
subordlnatlno the r.hablllt.tlon lOin h.ld by It to b. the IlIOrtOIO' cf
-
HtIlI Sink & Trult Co. I lhlll lIlIk. the Ibove'mentloned loan to
Carol ThOllllllon and Erntlt Nicholas
3. Horta.a... Th. IlIOrtoao. to Hills Sink & Trult Co. shall
be In the MlOunt of S 69.500.00 with Intmst at _ perc.nt due and
pay.bl. In _ IIlOI\thly fnltallll.nts .nd the City hereby acknowledoes tha
not let of the IlIOrtoao. and .cknowledOes It IS a lien superior to thl
r.habllltatlon loan 0' the CIty.
4. Slndlna "'.ct. this aomlllent shall b. blndlno upon and Inure to
tha b.nlfft 0' the rup.ctfv. heirs. llOal reprtslntltfves, succ.ssors.
and asslonl 0' the partfes hereto.
CITY OF IOWA CITY
~/I~f)-~
ATTESTI
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STATE OF IOWA I
I 55:
JOHNSON COUNTY
OIl this ~dal of , 19111, b.fore N. the
undersIgned, ""'i"lIOfary Puli c . a. onowa. persona 111
appeared -:r. and ~,.:r." ~ifi .
to lilt persona 1 nolll. If . . /lQ lilt dullsllOm. cI lIy at th'y ar.
the ""yor and CIty Cl.rk rtIptcth.ly, of IIld IltIlclpel corporatIon
.xecutlng the wIthIn and foregol/lQ Instruaent to lfhlch thIs II attlched.
that the ual Ifflxed th.r.to Is the ual of IIld IlItIlclpel corporatlonl
that IIld InstrUlltnl 1111 sIgned Ind staled on b.half of saId lunlclpa
corporatIon by authorltl of It Cltl uncll; and that the saId
'M...",..,.' . ~ .~. and as such omura
~on of II ns M.n 0 . . voluntary act and
d.ed of SlId IllItIlclpal corporation. bl It and by thtal volltltarlly ex."
cuted.
,I
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RESOLUTION NO. 91-213
RESOLUTION AUTIlORIZINO TIlE EXECUnON OF AN AMENDED
IMPLEMENTATION AOREEMENT BETWEEN TIlE JOHNSON COUNTY COUNCIL
OF GOVERNMENTS, TIlE CITY OF IOWA CITY AND JOHNSON COUNTY
PROVIDING FOR TIlE DEUVERY OF PLANNING SERVICES BY TIlE JOHNSON
COUNTY COUNCIL OF GOVERNMENTS.
WHEREAS, _Is In Iho mutual Inlorosts 01 tho mombor agondo. 01 tho Johnson Counly Council 01
Goyomll14nls 10 onlar 11I10 an amondod &gIoomonl provtdlng lot tho dolvery 01 planning sorvtees by
tho Johnson County Council 01 Govornmonts: and
.
WHEREAS, Chaptor 28E 01 tho Code 01 Iowa, 1989, provkloslhal any powor oxorclsablo by . pu~ .
aooney 01 this SIaIO may be oxorclsed Jolnlly with any other publlo agoncy 01 this 11810 having such
power.
NOW. THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF TIlE CITY OF IOWA CITY,
IOWA. THAT:
1. TIla Mayor bo authorlzod to oxacuto and tho CIIy Clork 10 ane.lan amandod agroomonllor
dollvery 01 planning lorvlcoe. .
2. FoIIowk1g oxocullon thoroo',the City Clerk shal motho amondod agroomonl with tho Socrolary
olSlale and tho Johnson Counly Rocordor.
II was moved by LAunn . and socondod by Ambrhcn the RosoluUon bo
adoptod, and upon IOn caJlthoro wora:
AYES: NAYS: ABSENT:
x Ambrlsco
-x- -
-x- - Courtney
- - Horowltz
. -1- - Kubby
-L- - LallOn
-L- - McDonald
..!- - Novick
Pasaod and epprovod this 20th day 01 .1991.
ATTEST' l1'<2.~.."J .J!. id,v,)
'CiTYCLERK
jcoogJII
)~35
tl 1:1 [I tl cl
,\
(RovIsod 8/5191)
IMPLEMENTATION AGREEMENT
This IOloomonlls onlorod Into by lIIld botwoon tho Johnson Ccunty Councll 01 Govommonll,
hOtolnallollOlol1od 10 lIS JCcoa, Johnlon Ccunty, hOlolnallollolorrod 10 as County, and tho
City ollcwll City. hOlolnallor rolol1od lOllS City,
WHEREAS, Ills In tho mulUDllnlorosll 01 tho County, City and JCCOO to onlor Inlo an agroo.
monl provk5ng lor tho dollvory 01 planning sorvlcos by JCCOO; and
WHEREAS. ChaplOI 28E 01 tho Codo 01 Iowa. 1989, provklos 11101 any power oxolclsablo by 11
public lOoney 01 this stalo mllY bo oxordsod /OInUy with any othor pubno aooney 01 this stato
hllVlng such poWllI,
NOW, THEREFORE. BE IT AGREED BY AND BeTWEEN THE CITY, THE COUNTY AND
JCCOO lIS 10Dews: .
I. SCOPE OF SERVICES:
A. AD stall rosponslbUltios, sorvleos 1100 dutloslo bo porlormod by or on behall cl
JCcoa shall bo porlormed sololy by employoes 01 tho City or 1110 Counly, pursu.
ant 10 tho provisions hOleln.
B, . Tho CIIy lhall provldo to JCCOO tho services 01 an Executivo Dlroclor and tho
IcllowIno program lIoaslll": a Transportation Plannor, an Assistant Transporta.
, tlon Planner, I Human Sorvlcos Coordlnalor, and a Solid WlISlo Managomont
Plannor, Tho Executlvo Dlroclor shall also lulnll somo 01 tho IOsponslbUltlos 01 ono
01 tho prognim MOB' nolod above. AU personnol colts,lncludlno payrolltaxOl and
bonemslor 1110 administrative functions 01 the Exocutive D~octor shall bo paid by
the CIIy, All persoMol, admlnlstratlvo and support COlts Incurrod lor tho program
arolls will bo pllld lrom the JCCOO accounts, as provldod bolow,
C, In addltlon, tho CIIy shall provide lho part.tlmo servlcos ola SocrelllY, a Mlnulo
Takor and 11 Tochnlcal AsslstanL Personnel costs, Ineludlno payrolltaxos and
benefits, lor thoso positions shall bo paid by the CIIy, Admlnlsltatlvo and support
costs Incurrod lor lorvleos porlormod by parsons In lholo positions on be hall 01
JCCOO Ihllll bo chargod 10 JCCOG, as prcvldod bolow,
0, Tho Counly shall provide the sorvlees 01 a Counly Plannor In support 01 com.
munlty asslstaneo. Tho lovol 01 support shall bo dolormlnod by tho Board 01
Suporvlsors. All admlnlsltatlvo and support costs Incurrod by Iho County Plannor
Ihall bo chargod 10 JCCOG, as provldod bolow.
E. JCCOG Ihall provldo 10 tho Counly, City and olhor mombor agonelos planning
lorvleos conslllonl wilh Melo III 01111 Amondod Artlclos 01 Agroomonl, as dlroct.
ad by Iho JCCOO Board 01 Dlroctors and Rural Polley Board, Tho dutlos and
rosponslbllltlos assumod horoln by tho County and City Ihall bo In addition 10
thoso oslabllshod lor Iho two mombors, pursuanllc Artlclo VII ollho amondod
artlclos.
/~35
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2
;1
I
fl.
ACCOUNTING SERVICES:
All roposllory lor funds CUi 01 whldl dlsool1omonts shall bo modo, an oceounUng systom
lor JCCOO Iholl be o.l4bRshod by tho Clly. Acccunts lor JCCOQ shan bo ollllbllshod
within 1110 City Gonoml Fund and COlts AlIOllod 10 JCCOQ sholl be chlItgod 10 lhll
8pptOprialo IccounL Monthly nnd quill10rly IabuIaUon. cl oxpondlturo. Incurrod by
JCCOG shall bo provldod by tho City.
INDEMNIFICATION:
.
III.
Tho p8l1l0, 10 1II1s Agroomont horoby agroo 10 mutually dofond and lncIomnlly oach othor,
nnd Ihe~ rospoctJvo OIflCOII, omployoo., and agonts, from any and a1IIlab1Rty, loss, COI~
damago and oxpon.o ro.ulUng lrom, arising out 01, or Incurrod by rOAlcn 01 any claim.,
IClIcns or lulls basod upon tho acdonl, pollclol, or dlroCllvo. 01 County and City employ.
eOI whRe performing 10MCO. pul1uanlto this agroomontlor JCCOQ.
DURATION:
IV.
this Agreomonllhall bocomo ofloctJvo upon tho accoplanco and exocuUon cltho partlo.
and thall continuo In efloct unUl modined or repealed by tho wrltton con.ont 01 tho pBrllo..
Arrt psuiy may tormlnalo thl. agreement by gMng written nodco cllnlontto tormlnale no
IDl0r than Match 1 Slh 01 any yoar, 10 IlIko elloct on July 1 01 tho 10Rowlng calondar yoar
(15 month. advanco nodco).
1'135
-.--.-----.-.-------;----------
I
:
n I:' 0 '-1 I
3
oaled INa IS lh dly 01 AuCUS t
Daled IhII ~~~y 01
oaled IhIIlffL day 01
~'ILE..
'^hnson Cr, lOW'
AUG 181991
~~~
.~~r
~ldllNmplgmlllV
.I~I.
JOHNSON COUNTY
BY: A.7~> (~ . ~J,A
I c'hiSiiO\DOltd 01 SupoMIotI
fl /) /2~ {.
AnEs-r: /'~k l ~~
CounlyAucSIllt
.1~1.
9~
r AnEsT:~~..J .JLiiw
C11y CIoI1I
tlu",,,r .1~1.
JOHNSON COUNTY COUNClLOF GOVERNMENTS
RURAL POLICY BOARD
BQ-~ 9~~
CtWpotIon
I'
,
.1,
1'/35
~~I I:' CI .-/ e
_,,~~\.~'1\~' "i "';'.~'
I
JI
1
l~LAINI': BAXTI-:rl
Rr.olll:l'oIl1\'lII'SToIT'"
l'h:crn:T.\II\' OP 8'1',\1'1:
IIIMI\'IIII 111711,1111111
STATll nr Inll'oI
11I:H )lnl1'lPl
nO:111I
OIIlI~'IIATln1'lM
nll\olllll..,~'O,
1I1'111\111N 1.\'\IN"III'IAI. 01'"11
nll\ol!lll-:J:llIIl
^U9ust 28, 1991
,
Madan K. K4rr, QlC/MB
City C10rk
City of IOWA City
Civic Conter
410 B. HuhlngtOll St.
IowA City, IOWA 52240
RIll Dellvery of Pl4Ming Sorvieoa 49rOClGlllnt botvoon tho Johnaon COUnty
Councll of Governmonta, tho City of IOWA City, And JohnIon County.
. ---~---:-.--c------~:-!
DeAr HI. K4rra
.
Ho hAvo rocoived tho Abovo doacdbod IlClrOOtllOtlt(a) which you
submitted to thla orneo for filing, pursuant to tho pcovialOllll of
ChApter 28B, 1991 Code of IOI/A.
You NY conaldor tho 04Ill0 med AI of ^U9ust 28, 1991.
,-\
, ! Cordially, , .
;
()/~ ~
Blslno Il4xtor
SocrotAry of Stato
.'
.'....
1';--'1.- E ~ ..
. , EDlkl
"
r NJj 2 9 1991
~M,._,,,,,._.',.._.._~ ,.'.'_',_.",.", ,...
1~35
.. -, ....., " ;':""'-"".,' ":":"'~~_'''~'.-:,~"i,~
"
11
n I:' 0 '-1 ~I
'I\l~
RESOLUTION NO. 91-214
RESOLUTION AMENDING THE ADMINISTRATIVE PAY PLAN TO ADD A NEW POSmON.
WHEREAS, tho 10\\'8 CIIy CIIy Council, tho Johnson County Board or Suporvlsors, and tho Boards
01 tho Johnson Counly Council 01 Govornmonts (JCCOG) havo omondod tho JCCOG 28E
ImplomontaUon Agroomontlo provldo lor tho oppolnlmont 01 tho ExoeuUvo Dlroctor 01 JCCOG:
and
WHEREAS, Rosolution No. 91.78, adoptod by tho CIIy Councll on AprlJ 18, 1901. oslabnshod a
classlllcaUonlcomponsallon plan lor Admlnlsltatlvo omployoos: and
WHEREAS,lho admlnlsltatlvo 10rvlcOI 01 tho ~ocuUvo DlrOClor 01 tho Johnson Counly Council
01 Govornmonts Is provldod by tho CIIy 01 Iowa CIIy purluanllo a 28E Agroomonl adoplod by
Rosolullon No,- 01 tho CIIy Council dotod AugUSI20, 1001.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF IOWA CITY.
IOWA thai tho admlnlsltatlvo pay plan bo amondod by:
1. Tho odcIillon 01 tho poslllon 01 AssL Dlroctor or tho Doparlmonl 01 PlaMlng and Program
DovolopmonVExocutlvo Dlroctor 01 JCCOG, grado 61,
IIwasmovodby Amh..h.n andlOcondodby lIorovltr
adoplod, and upon roll coli Ihoro woro:
tho Rosolullon bo
AYES:
NAYS:
ABSENT:
Ambrfsco
Courtnoy
Horowllz
Kubby
Lorlon
McDonald
Novick
x
x
X
A
x
x
x
Passod and approyad Ihls 20th day 01 AURlllt
.1091.
'At. -d?
ATTEST' )A_.~.t,,~ .jJ, -Id.I-J
CiWCLERK
ppddlr\jccog r..
/'13(0
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,
,
n 1:1 t] .-, LI
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,\
I
RESOLUTION NO. 91-215
RESOLUTION AMENOING THE BUOGETEO POSITIONS IN THE LIBRARY ANO
THE AOMINISTRATIVE PAY PLAN.
WHEREAS, RosoIullon No. Bl.43 IdoplOd bV 1110 City Council on MArch 5. lBB1,IuthOllzod
pormenonl posltlonsln lho L1btllV 101 FYB2; Ind
WHEREAS. ROIoIullon No. Bl. 7S, IdoplOd bV 1110 Clly Council on ApllllS, lBB1, Ollobllshod
I cllsslllcollonlcomponsallon plln 101 Admln/stlaUvo omp/oVoos.
NOW, THEREFORE, BE IT RESOLVEO BY THE CITY COUNCIL OF THE CITY OF IOWA CITY,
IOWA, tholtho budgolod poslllonlln lho L1b1I/V bo Imondod by:
" Tho dolollon 01 011O lull'llmo L1b1ary COOIdinalOl . A V SOIVlCOl poIIUon.
2. Tho dolo lion 01 ono lulI,Umo SOn/OI L1b1alv Clark poslUon.
3. Tho Iddltlon 01 ono lulJ.llmo Llbta,lan II poslUon.
4. Tho Iddillon 01 ono lull.Umo L1b1I1Y Asslsllntl poslllon.
BE IT FURTHER RESOL VEO thallho Admln/llrollvo pav Plan bo amondod by Iho dolollon 01
UbllIV COOldlnaIOl' AV SOIVlCOl, pav g,ado 51.
It WIS movod bV AIIbrhcll ond locondod bV I.mon
Idoptod, Ind upon roll call thoro wo'o:
Iho ROIoIullon bo
AVES: NAVS: ABSENT:
X Ambllsco
- -
...L - Courtnov
X Horowitz
- - KubbV
X
,-- -
La"on
.,-- - McOonald
.,-- - Novick
- -
Palsod Ind Ipprovod this 2Qlh dav 01
ATTEST: n1.2:.lt~.J oil. .J,t"J
CiTY CLERK
humlllltN,bldmln,ltI
i
,
I
I
Jq37\
1~
n 1:1 0 '-1 5
11
MEMORANDUM
Iowa City Public Library
d.1r 1 ~
0010:
July 31,1991
To:
Slovo Alklnl, Clly Manago,
Lolly Eggorl, L1btary DlroclOI
~l,J'1
From:
Ro: Orgonlullanol ChongOlal lho L1btary
On AugUSI 9 OUt A V CoordlnolOl, Dowoy McGulro, wlllloovo Iho 1It1lOry 10 bocomo a lull. limo
grophlc arll.l, hllllrlllovo.
Wo hBvo docldod 10 comblno Iwo doporlmonl.o Audio V1.uoland CommunllY Sorvlcoso undor
Iho dllocllon 01 Corol Spaziani, curronl CommunllY SOrvlCOI COOldlnolor,
To do Ihls wa will nood 10 moko lomo changOllo Iho po.lllonsln Iho AV Dopallmonl. Wo
will hlro an AV L1btarlon and upgrado on Sonlor Clork 10 a L1bllrlan AIII.lonll. Tho.o pooplo
cen Ihon provldo Iho dOY'lo.day ovolllghl 01 AV 10rvlcOl undor Spazlanl'l gonoralluporvlllon.
Current ltaf11ng:
AV COOldlnolor CP tIS.GOnu.
Sonlor Clark CP .11.13111,.
TOlal
m.448
t23.!lU
m,973
B.lYlsed slal[lllg:
AV Llb/arlan II CP .13,341111.
L1b,ary Assl.lonll CP t11.5ll11r.
TOlal
m,747
J2:1.94 t
U1.f188
Wllh ono lOll manago' wo can al,onglhon Iho daY'lo.day Ilall Ollho Iwo small doporlmonls.
I bollovo Sylvia will p,opo,o a rosolutlon .0 Ihollho pay plan con bo amondod 10 roflocllhoso
chongol.
ce: Sylvia Mojla <I Lib'''''' lJo~t'l
bj\chlnOIl
1437
~0
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11\1<)
l'
RESOLUTION NO, 91.2\6
RESOLtmOIf AumORIZllla EXECUTlOtl OF A LEASI! FOR BUSINESS
PROPERTY FOR nIl! RENTAL OF SUITE 300 IN THE SAVI/IQS AtlD LOAtl
BUILDIIlO FOR USE BY THE PUBUC WORKS DEPARTMENT OFFICES.
WHEREAS, 1110 CIIy loosod cortoln ptoporty, namoly SullO 300 In tho SOvingl and Lollll BuI1<5ng
lrom Contor CIIy PIOpertlOl, lor usa os Olllcol lor 11I0 Public WOIks Dopartmonl, which 100$0
Indudlng lonowol options will oxplro Docombol 31. 100 I; and
WHEREAS, City 11411 and Conlol City Proporllol hovo nogollalod 0 now looS0 lor a one'YOll
lorm.
NOW, THEREFORE, BE AND IT IS HEREBY RESOLVED BY THE CITY COUNCIL OF THE
CITY OF laNA CITY, IOWA, tholll1o Looso 101 Buslnou Propolty lor Sullo 300 01 tho SII'IIngI
and Lollll Building II hOloby approvod Olio lorm ond conlonl.
BE IT FURTHER RESOLVED THAT 11I0 Mayor ond CIIy Clark ala hOloby authOflzod ond dlroctod
10 oJoculo and ouosl said Looso lOf and on boholl 011110 CIIy ollowo Clly.
II wos movod by LAflon ond 10condod by lIorovltl
odoplod, lIIId upon laD call tholO WOIO:
1110 Rosolutlon be
AYES: NAYS: ABSENT:
x Ambrlsco
x Courlnoy
,.- HOlowltz
x Kubby
-
..1- Lallon
..L_ McDonald
X Novick
Possod and opplovod II1ls -lOLh.- dlIy 01 AUK,.!I . 1001.
ATTEST:2W~LJJ .JI. ..Jj~
CITY'C1ERK
ftl'9olrth'flWO/fapm
1t/3g
CI :/ n :-, '-I
/, L -
I I
,. I
II
I
,,,1(.
RtsOlUlIlIH NI. .ll:217
RESOlUTION AUlllOlIlZINl III[ ""YOIt TO SIGN ANI cm CURK ATTEST AN AGR[[/l(NT
IETM([N IRICE, P[TRID[S.~U: Of MAJ[RLOO. IOVA. N III: CITY Of 1000A cm.
1000A. TO PROVIDE COIQUINI SERVICES TO ASSIST TI( CITY IN ACOtIIRINI "'DES
PER"ITS FOR STOR" MAnR DISCllARGES FRlIIlIlUNICIPM.U OVI(D INDUSTRIM. smB
,"(REAS. lh. CI11 of 10M' Clt1. 10M', h'l n.qoll,t'd ,n 'q,...,nl with 8,lc.,
P.I,ld'I.Donohu., , cOP1 of 1,ld '9"...nl b.lnq ,11,ch,d 10 Ihll R'lolutlon ,nd
b1 Ihll ,.f."nc. ..d. , p"t h".of. .nd,
,"I:REAS. lh. Clt1 Council d.... It In Ih. pUblic Inl,rnl 10 ,nl" Inlo uld
.q'....nl with 8,lc., P,I,ld".Donohu. fo, conlulllnq mvlctl to ..llIllh. CII1
In .cqul,lnq NPDES p.r.111 for Itor. w,I., dllch.,q,. fro. .unlclp.111 own.d
Indu.I,I.1 III...
11IM, T1I[REFORE. 8E IT RESOl.VED If III[ cm COUN:IL,
I. Th.l Ih. ",yo, .nd Clt1 CI.,k .,. h.,.b1 .ulhorl,.d ,nd dl,.cl.d 10
.ltcul. Ih, .qr...,nl with 8,lu, P.I,ldn-Donohu..
2. Th'l Ih. CI11 CI.,k Ih.11 fu,nllh copl.. of 1.ld .q'....nl 10 .n1
cllll.n '.qu'llln9 .,...
II M" lov.d b1 AlIlbrllco .nd "cond.d by lIorovltl Ih,1
lh. "Iolullon .1 ".d b. 'dopl'd, ,nd upon '011 c,11 Ih,r. w.,.,
miL tlWJ. AmNII
· ..l- _ _ A.b,IIeO
2- ~ _ Cou,ln,y
2- _ _ HO'OMIII
X
___Kubb1
2- _ _ L"lon
2- _ _ "cDon.ld
'2- _ _ Novick
P..nd ,nd .pp,ov.d Ihll lQ!!!... d'1 of AlIgll.t 1991.
143q
AmsT,121~iJ .J!. -Idw..
C ffy CLERK
n I:' 0 '-I tl
,I
t
PROFESSIONAL SERVICES AGREEMEm'
.
PR~ECT NAME: Iowa City SIOIm Wiler Pllm/1IIIIg ProJoct rProltct')
ThII Ag"omonl It mid. by and btt.voon Iht City ollowl CIly. 410 e. Washlnglon 8~..~ Iowa
Clly, Iowa 52240-1820 ro.vnor"), and 1lI1ct, P.lIld...Dcnohuo Co. rCon.ullanl', 'SPD' Of
.Oonohut?, IlOI Syeamot., Sullo 222, WIlllloo, Iowa 1lO703.
In con.ldorlllon ollho~ mutual plomIlOI heroin. OimIr heroby Ing.gOI SPD Ie POr101111IhI
IOrvlcol lllloIIh In PIIt ~ and SPD .010.. 10 por101m .uch .orvlco"ot Ihl componaallon III
1Of\h In PIIt DL Otmer and SPD 10100 IhII 1hI. .Ignalurl plgl,logolhor wllh Plitt I-W.llachod
hOlole and IncoIpotllod by rololOlICo h01l1n con.tltul. Ih. onUto AglOomonl IOlllilg Ie Ih.
lbovf. namod aIlOYo 'ProJoct".
APPRoveD FOR OWNER
MAyor
11"0 Vlte Pr~~fd~n'
Oalo AURun 20. I qql
Dllo AUIUlt 27. 1991
~ovod
I
I~~
net] '-I q
Il(V II'IIlt/4UlC ltLtLU'IUl '/\Ill , O-I~-.'
,
M 14 '91 07124 IF-D 319-l32-0Z71
"........ I
." -.. ..
'AU I
flOJ&Of mmmOIf/.COIl or IIIV1C"
A, PROJECt OElCllnlOH
I
Th. rroJ.oe 1. dI.orlb.d II tallow. I
Th. OWn.r d.llrl. to IVIlult. .xl.tlnl olty flollltt.1 for Ifitlonal
'ollutlnt Dllchlra' Ilt.lnatlon ly.t'l ("'DlS) .tormvlt.r plralt
r.qulr...ntl. Clrtlln tlollltl.. will qUlllfy I' lndu.trlll lotlvlty
.It.. .nd r.qulr. NrDIS p'rllt c08plllnc.. Th. proJ.ot will provide
the n.c....ry b.ckaround lnfonlltlon .nd dati with r,oola.ndatlon. for
b..t ..n'al..nt pr.otlol. for the flollltl.1 .nd viii .ub.lt n,ol"'ry
p'rllt dooua.ntltloD I' the "'DIS proar.. r.qulr...
I. IWl
S.rvlc.. to b. provld.d for the .roJ.ct und.r thl. Aar....nt Ir. ..
follovll
, .
1. . nlh tlllt it.. 11 .n ........nt ot
thl Ova'f'. t.cllltl.. thlt If' vl...d to r.qulr. . Pltllt. A
tl,ld r.vl.w at the l.ollltl.. would b. .eeolpll.h.d to r.vl.v ch.
type of lndu.trl.l .ctlvlty .1.ool.t.d vlth. partloul.r t.olllty
and the type ot p.rvlou./1Dp.rvlou. .urt,ol .xl.tlns .t ..ch
l.olllty. the lnv..tls.tlon would r.vl.w dr.lnaS' ar.a. .round ch.
f.olllt7. Th. lnv..tls.tlon vould .1.0 rl,l.v d.t.rl.l .torla.
practlc.., dllpo..l prlotlool .nd Iny drllnl.. .truotur.l control.
of the faolUty. A. I put 01 thll lnvutl..tlon, ..n'S'I.nt
pr.ctlc.. viii b. .n.1Ylld to detl,.lnl If thlr. .r. .uch pr.otlc..
or ....ur.. th.t would pountlally "10" dhehu'.. point. frol
p.ralt r.qulr...nt.. r.ollltl.. to b. lnv'ltlaltld lnclud. thi
IUnlolp.l v.t.r pl.nt, aunlolp.l l.ndflll, pr.vloUl aunlelpll
l.ndflll, the .lrport, city tr.nalt f.clllty .nd publlo vork.
..lnt.naneo flclllty.
2. J~.nttrleltlon IIf OllelurJ" ReauWnJ 'orlln1n&. 11111 t..1t It..
lnv..tlslto. tho dl.chlf.. .y.t... olrrylns runoff frol the
t.ollltl... DI.chlra' .y.tl" viii b. v.rlfl.d for typ. of
conv.y.nc., r.c.lvln. vltlrl .nd oolllotlon point.. The .y.t...
nood to bo vorlflod tor .~ llllolt oonn.otlonl of non..totIV.t.r
dl.chlr.I, Ind olrtltleltlon of .torDYlt.r dl.ohlrlo 1. r.qulr.d
for .Iob .y.t.. under p'rDlt r.qulr...ntl.
3. I Thll tl.k lte. 1. f.~ulr.d to d.t.ralnt
tho tla.ubh for the r.ulnder of the proJlot. Till. IIhotion 11
n.oullry b.c.u.. ,the lllpolld dudlln.. for the Indlvld\l41
lndu.trl.l lotlvlty p'rllt ver.u. thl '.xp.ctidO .onerll pe~lt
ll'u,nc. dlt.. IU.t b. ,vIluatod and e type .oleoted, It the
I.neral pUlIlt dOli not .ppear to becoll. rullty Ihead of the
lndlYldull lndUltrlll actlvlty deadline, then tho AjPUoant II
P.2/'
I~~
t] 1:1 0 EI 0
- .' -.-.. . - ...... I .
M 14 "1 07125 &r-D 319-Z3ZOCIZ71
t.c.d vlth .I.tlna thl co'pll.nc. dat. at the Indlvldu.l Indu.trl.l
.atlvlty p.ralt Inoludln, III ...,lln, .nd t..tln, r.qulr"lnt..
Vlth d.ta frol Tllk It.11 I Ind 2. the lay. D.pUlI.nt .t IIltur.1
a.lourcll viii b. oonlule.d r',lrdln, ourr.nt tllltlblll far
Individual .nd ,.n.rll p.ralt cOlplllnG' dl.dllnl..
Rua.'Mltlonl tor pnllt typl will bl ...da bud on Chi u...lnln,
~"I .llov.d tor cOlpll.ncl.
4. D.v.lO,I.nt Dt "~pllnJ 'rD,r.~. and H.thDdolol" 'lIplln,
prolrll. Ind .lthodolol1 viii bl dlv.lop.d conald.rln,
.llplltlc.tlon of 'lIpllnl proa.dur'l .nd lonl.t.,. ...pllnl
oon.ldlr.tlona. 'Inal I&lplln, locatlona and tlchnlqull ean only
b. d.flnad upon co.pl.tlon ot Tllk Itlll 1 throuah S. Th. ...pllnl
prolr.. .nd l.thodolol1 will Incorpor.t. u.. of city 'Ir.onn.l.
Ar.. t.ltlnl llbor.torl.. will b. r.quI.tld to provldl quotatlonl
for labor.tory t..tln" and rlcolmlndatlon. for Ilbor.tory
..l.otlon vIII bl lido to the OVnlr. A ...,llnl ,rocldur.l
luld.Unl vlll be plIpIlId to outlln. IIIIP1Inl .ltllodolol1 for lIeh
dllehuI' point uqulrlnl .IIPUnl. Thll tuk It.. dOli not
Includ. .0tUll ...plln, tl.. or l.boratory t.ltlnl 1.11.
5. plvllgpalnt Dr rlall'~l.. boe.m.ntatlnn .n~ ~.n.ft...nt .r.atlel..
fbl. t.lk It.. dlv.lop. . Itocwvlt.r ...nall..nt pollution
pr.vlntlon plen Includlnl det.ll.d prolra.. at lnlp.ctlon,
..nall.lnt. .truotur.l/nonltruatur.l a...ur.. tor pcllut.nt conttol
and pr.v.ntlon proc.durl.. Thl t.cllltll' docus.ntltlon .nd
..naa..lnt Pl.atlc.. provldl' thl rlvllvlnl I.enoy with the det.lle
of tb. t.aUltl.. Ind the day.to.day orl.nllltlon 01 the l.aUlty.
Thl. vork Itl. dev.lop. Ind r.aolAlnd. l.n.,I.lnt pr.ctlee. .nd
pOI.lbl. t,cll1tle. r,vllpln. to .Inl.la. .torIV.t.r pollutlnt
dlloh"I', nil IInll.llnt .nd pr".ntlon phn. .u Intllutld vlth
the plralt .ppllaltlon for IUblltt.l und.r Ta.k Itl. C.
C. . Pu.1 t eo.phtlon wlll be In
the Individual p.ralt forllt of Foral 1 .nd 2F Vlth ,oco,pln7Inl
doouaentatlon Ind llbor.tory t..t r'lult. It thl Individual p.r.lt
II ..hcted under 'uk It.. 3. It thl feneral p.ralt fOrllt II
..I.ct.d, . .torlV.t.r pr.v.ntlon IlnUI I. .ub.lttld. loth
fora.t. r.qulr. 1IIIllr dooUl.ntatlon ...t.rlll.. lub.lttll
dCldll"" for thl typl of p.r.lt viii Vlry .nd tl.tln, Ploo.dur..
and r..ult. IIY, under tho I.nor.l per.lt tor.at, l'a .ub.lttal of
th. .tOllM.tlr prlvlntlon ..nUll.
rAaT II
OiHIl" IIIPOHIIIILITIII
Ovntr .h.ll do the followlnl In . tl'lly .ann.r .0.. not to dillY the
.Irvlol. of 1.0.
I
P.~
.'
/L/j9
n I:' CI EI ' I
AUG 14 '91 07126 OP-D 319-Z3Z-OZ71
P,4'5
,I
1
A. INf'OaHAUOIf AIIUVAIWLI KArIIllO
Th. Ovn.r viii I.k. IVllllbl. Infofaltlon for the InvI.tlllt.d
flOllltll1 r'llrdln, con.trvotlon datil, aVIII.bl. eon.trvetlon
drlwln". hlltor" 0 flellltr' typl of U"'" 'vrlnl Ilf.,pan of
flolllty, known looldtntal po Iutlnt .pllll or dl.chlrl" Ind oth.r
IntOfaltlon p.rtln.nt to tha facility Ind ItorIVltar runoff. Thl Own.r
viii provld. ,v,lllbll Ilrlll photo.rlphlo alppln, or topolrlphlcal
"ppln. tor tha .ltl Ir.11 Ind IdJlclnt arll,.
I. ' ACCIS. TO rAOIUm,
Own.r .h.ll provide 100." to flcllltl., dvrlnl .Ita vi. It..
C" I,,",LINa TRAININa
Ovn&r .hall provld. par.onn'l lor I&lpllnl tralnln. ot dl.chara'
polnu.
'D. OWll'S U'U'!/ITAnvl
owner', upm.ntltlvl for the proJlot .h111 hi Hr. Rlchlfd A. FOI..,
P,E,. City Enaln..r, or hi. luthorll.d r.prlllntatlvl vho .hlll hlvl
thl authority to trlnl.lt In.truotlonJ, rlc.lv. Infoflitlon, lnt.rpr.t
and d.flnl Ovnlr'. polloi.. .nd like dtol.lonl vlth rllp.ot to I'D',
..evl... und.r thl. Aar....Dt.
,oUr m
COH'ENIATIOH. IILLING AND 'ATK!Ml
A. ~mlATloq
Thl OVnlr Ih.ll oOlpln.atl B'D for vork under thla Aar....nt on .n
hourly b..I. In looordlno. vlth B'D', hourI, rat.. and oth.r dlr.ot
Ixp'nI.a In ,tt.ot It the tll' lh. IlrYl"1 Irl p.rfoCl.d,
Th. oOlpoDaatlon tor the Ibov..dlfln.d aoop' .hall not exelad -twenty.
Flva Thou.and Dollar. ($25,000.00).
I. JILtlNa AND lAYII!~
I. T1IIlna
BPD I'y blll tho Owner lonthly for aervle.. o..pllt.d at tha tlu
ot bill In" vlth net p.yment due In 20 dty.. .
2. Lat, 'Iyment.
'I.t duo balano,. .hlll be ,ubJ.ot to I Ilrvleo chili' at thl rlt.
of U par lonth pH relluut by nD.
,
/~39
nl:IC/Ele
.... . ~ t
M 1" '91 07126 IP-D 319-ZJz.l1zn
P.'"
;\
i
,. Dt1ay/AdJII.ta.llt
Th. r.c.. .et forth '~Oy. Ih.ll rl.,ln lire until che .nd 01 the
o.llndtr 71.r. ..t.. viii ~e "JUltl' ennuall, and ItD viii notlt1
CMln via IIIVOIII. If unla.. untlllll' .1'0114 utlutu ut.-
blllh.' In r.rt IV, oth.r oOlp.nI.tlon .l...nl. ." b. .dJu.t.. to
r,tllot londltlonl ..I.tlna .c the till .r ,lowl.lolI 01 .uch
eat.nd" unloll.
rAlt If
AVtllOUrAtlOIIIO raocUD/'CWlIU
.rD Ihlll be .uthorl... co COD'nc. the urvlm lit Couh In 'ut I upon
r.o.lpt ot tvo (2) oapl.I.' ~II ...out.. 1111...nt, I'D .hlll oOlpl.t.
r..k lc..1 1 throulh 4 vlthln 10 417' tlOI r.ell,e 01 chi ...out..
..I....nt. Ira. the Ovntr. f..k ICI. t vlll~. cOI,I.t.. within '0 417'
Ir.. r.o.lpt ot thl I..outl' 1.1....nt.. f.lk It.. 'tllltr... lor
oo.phtlon II "p.ndent on p.ndlna chin... In the plralt IUNlttal d.tll.
It the In'lvl6ual p'hlt 11m. II motttndt.. IlIk It.. 'vlll b.
cOIPhtld b7 IImablr. is, 1,n. If the 1111I111 pll'llt '7m. II
I.OOIIID'.'. f.,k It,. , viII b. ooopl,C.4 b1 April I, 1"2.
Tralll/Contr.ot/CI'
I
/~39
fI 1:1 0 tl ~I
.
PartY
Subconsultant Standard Tenus
and Conditions
I. STANDARD OF CARE
. '" MI'lbIlit 1IlO""1oN1 ~ ,,"".IIMoI'lhaI be ptffCllmtd ~ IlCIlIlWWa _lfIflellWllld oIlIlOI'"b111l1'lCb
otd/IIIfy. ."dltd !If "'1IlO"llbl II"'''''' trtI o'fWl t>tloc*t _Ilttl '" Itrtlcfl \It Ptl to. ..4d, Md, CIOntItllllllri" IudI
11r4W.~ _dIIU 101" ~ It., trtI,..jo,\f. WofIltlptd 11lI'*ltrWel, WIoDNlAInI.MI/'IU....1udI
ItrWel conJonn 10 II CDIIltIC""IlldIeg~rlq\MlllltftlI, 8*onIlAInIdlt pt/IomI..., 'IMoII Nt "'"*'0 '1IdIIlI/'IdMd
OIw_ft wlflMIdlSWCOl\9tIl..loI. 'luclIdefcJtrcitl lit NtOllllldtdlftll/Mlt _. DotdlutINl'ClUIf '"
1_10 be ClOtrtdtd I/'Id dol1c'''' eotllnMtd 1totII8ubcoNI,/lW, CIlII1'ftIl..-
,
2. CIIANOE OF SCOPE
Thfllcoptol StMoI'"IIo1"~"'1 Agrltllltl'lll, hltd", Iacll Mo.nll '" lfNo"~oIflll ~ttINflI,~'
.~lllt.~lonNlon 'UW4d bt DonCllut. FOI_lI'ojIc!l ~'/IMIt -..will proctll clI""ptIltIlI'IMoII,IOOf"
",.,nolbe~,clI/NbltclM'/lglrol.tlphalll AI"'lI'ojKllllOO'lIIll,lacll~~cl~oI_"'~
NlWdou1ma1olW1, ma,lrdcillflll ~ IIWdbe IH"Iulltd Wlcon~"~" ilbm~ ~llII 01
ludlllallllon" trtI M Iht lacll dlCOlIfIdCOlllIMt I malolW cIIIno. h Projtcl"'~1CWl1, '" ,*,,111III NIlIg01411
AGI-III,*,'III'f' HoP'11llttlllollll'ob, bttondflollclllcnlltdln "'origlNllooptdbe IUfloriltdwlflolA Iwmtn
amtndnItI\110 flit ~r_L
3, COORDINATION WITH omEn corllRACTORS
&AIcon.l.I1Inl IInd.nlll'dllllll oIhtI CIDftlIICIOf' "'I' be Ift9lQtd bt 00NI 01 00n0hIt 10 ptIlomIlII\bllol'" Prejoct.
ticonll.l1lnl ""I ptffonn 1ll11Mo11 h _, IIqUtftC4 WId liINIO 10 lOOIlJfII_ 101" MMctI ~ btllldl 0""
conrlClOll,
4, SAfETY
&AIconll.l1lnllhal..lIl1'~h IIld INIntaOIplOQ'~,1ftd lI'ococlIrll '01 '" ""It 0111 ",","L . '1lOCIcaIt Ifl ,.,., ~ flit
~,-~ SWconIullInIlhaII ~ wi" ",..11ft II'OQ'III\' trtI pIOCllbll 011'4 tIIi't fIIilnO ""ft 1t,ptn\1lIoft lor '"
Proj!a 1-', Unltll 1ptClf"" III fOIIIl h flit AGlI""tn~ 00n0hIit 1pICl"" clldtmlltrf IUflorift OIlt'ponllbillt lor
0""" lob IIIII"'ft I/'Id ""ft 01 ptllOIl' 0"" flM DonohIt tflIIloJ"L
S. DELA VS
"I'/tftll beyond '" conl'ol ollklbcO/lllllln~ ~, but nollmlltd 10. .II,IoolI, rIoII, ...... UlllIIIIbIift 0I1IbOl 01
1l\I11riII1.plOC"IIhuIdown',KII olOodIll'" ~ _,,0111:11 01 """lonl 0111'/ go_nIII tgtrq.ltllAllncllltJl
10 '" 1dlecU.lll1bGlhtd h fill ~_nc; ludI,dltdN IhaI be amtndI4lO '" 111Inl_1II11O *,*,..11101 IudI
dolt,. prMlod luclI IIIIIftdntnc I, ptlllVl!td undtr Iht Pm.. ~"""It
e. TEnMlNATIONiSUSPENSIOIl
EI"" PIIJf ""1l1tmNlt flit ~~11IpOII7 d.,1 wrItltn nodct 10 '" ofltf M, 00rdaIe 11III pi' MconIUlllnl 101 III
.trIlctl, ~ ploIl rtlllWlo NI.IO. ItndtltdpilOllo l""I~"on,
1ft tIII'\'Iftltl"" ptrlt dor.1A1I ~ h obI'ogllonl undtIfill ~'"_l (\IdIdnO OonohIt'I olIog"on 10"'" '" pIJII\IfllI
IICIJttd'*Mdor~ "'1IOIl-dl1.lAing PM1l1111. IIIIf 7 d.".rilltn nolOl'1t1/lO IlIInr..lon 10 IIIIpIftd pIltonnwe ~
fleAIl'_nc'C1..ollUClldor"'~noICOlimlilctd,Iftdr.AIl.oI"'dtlll.llng~lo_l\II'MHn'IIdI""''''''
'"lptnel ptrlorllllllC4 unclIIljl A,..manl.
SubconllAlIftld, uponlllllltn /lOl~' .omOonohl.,'"lpondptrlonnl/lCllolldtl... Ao'-L In luclI'lIft~ S4IticonIllblI
wlllllUllll porfonnlnoa llponwrilltn noicl hm Donohu'1Ild In 'l'9IopNII ..lIftllonil ima wi be 1IlUI.II" I1ttdupontrtl
.cllodlo S4Ax0nIllblU./IlI 01 ptlfOlmallCl,
7. INSURANCE
SubconliJlIftllhll mp,lIIn """I"'IoI~ Inlll'''''' cO'/tl.ga"'mll,:
~Ihonlf.a 00n0I1l UIbI,'1 I,OOO.OOOOClC\lllftOl/lgorlgll'
^"lomobllt Lltbl1lt I,OOO,OOOOClC\l,lftOI/Igo'Ig'"
WIlIWI ComponlldonlEmplo,alllJlbl'1 SlIlIlOly
Pro~lIlonallJlbllft t,OOO,OOOOClC\lllftOl/lgo'lgtll
Donohul'hll bo /ll1IlOd lI.nldlStIO/IIllnlilftdon '" r',ltwo poIIclt,"r",.dlOtbolt, ~"I Mltndno ,udI_lga
wi bt plovIdod 10 DonohUl willi fit 1'lCUlod copy 01 "II Agtll""nL P.,.,.nt 10 SubconllA\Iftl wll be CIOnIlngtnc upon recelp4 01
luclI OIrfllealll. AMuIl rlntllll COf~IcIIt',""1 be plOvldod dumg '" linn 0111/, Ao...mtnll'lldonck1g no rtOlclon ~
ItqJ~tdClll'OlIgal,
~
I
N~..~, I'IL'I/I
n I:' 0 EI LI
I. IIOELIIlflCATIOH
T....."""~~ ~".....II\IIlI~Idd~1I W....", Dotdw hm ~:::~IIIlI".
~OOI..'dtllIltI.\Ill1l11l1'jlfdll"""'"' MI'IUI.Iri"'NoI~ 1CU0I1IN1l1otI1 ~ ....01
,we1Ct'G "'....,.,.". h PIIb- If h ww., cltlCllllH III tlt ~ W 1'1 tlIII "ljIfd II dUlIl Nt
MlId II "..1iGNI1IftbI. n~ IIIlIdI 01 II ~ Nil pIfIo/JllIrooI" h lUlclIfIllAMC, 01 ,..'IC.... on lit ~
""'" tll ~ tllf\N....II~ oIiIdtoMW ptfIf,
t. PIlOPRlET AllY IlrOOMA llOH
Inb1Nb....~ 10"''''.' II'" ~ ~ .....lirIltpl CIltII'dInIII" SIAlalnI\AIIII1ftd IhtI Nt be iNdI
'~III'H,*",IllflOIA_OOIII""oI~,
I~ IIOEPEHOEHTCOHlRACIOR
WconIIllMlI, III ..ocltIC CottIClOl W ....!NII.." 0IlfIIf1t1t -U 0I1/llf "lpooIWo/t fill.. ~I, 1OIft1lj
......IIllIIjlIIIMftt. ...... CiOlllIiltd II fil ~ ....lIMII.", !MIC"" rNlonlh\llirl","" 0.,. II'CI
~
II. A/.I(HOMEHT
TNt ~~'IICIIIorI" boll pIliIt '*'11. All" MlIlldId rNt" I __ N~ ,~., bofl pl/NI.
12. ASSIGIlMEIIT
rlClflflllll~ Illlolfllit,IlNc/l!M'" 01 lit !MoIIedbt.... pllll4,IIIIIllOll'llIllA*Io hm opoI.bol""1.~
IlQIIlI WoWQlioftl oIljl ~1Im CMlNIlirI.lllantd., ""'" pWft ""'" IIIllIIll pIflIlIlllOn II h"* pI/It, 11'4
~ tNl be ~." WM "'" blNll 01 WIt pIftIlIItd 1I1f1I.
13. EIITflE AO/lEEt.lflll
TNI~OOIlI'''," h "'.'IO'NmtnlbtllolM,.,.pIIit'.""ljlfdll"'lNllllllOWIlldlllllh W..tcltt
II pIioj d,eullw. "",,,I!lldtfl 0I1QIMINlI1I ber.etft'" pllllI dllll9ld 10 ludllIIIlIIIl,
I.. NOWAlVER
No.. bt Ii"., PlItt 01." IWIlA bt III oN!"" II'" pet10nNtu 01 WIt ~ MCb 01 HI ~ ~
m.\Itll""" ilCb 01 fit ~ 01 opeIl" 111._ 01 WIt w. clttNl, ."''''' III 01 cMlltIlI II NICIII.
II. NO ntlllO-f'^"TY DEIIEFICWW
Nofltt ~h fi, ~ 110I'" pttlonNrct oI"'~, hI/McltI.1t InItrdId lllir1n11~ 1IOI1IlaII....1o...
btnIl,....,., l'1WptfIf. ~ o.wl !MICIO/I. 'Itrt,
I" SEVERADlUlY
1lie mout lIIm~pIt'Illlonllftd_1I '*"' ooncw.dlhll" dNmIdlolirlllpllllll/llf _!H.I/llf'" iMld"OI
nwmbo'lltoll/lfol """ 1htl1lO1.1Itcl0l m,.; "'leI'd., 01 tnlOIcItbIoI1 0111I rllNlncltl,
17. AUnlOlUTY
~ "" fit ~'"""'" .11I"" fill "" Nit "'lUtlol1" 10 11gII1I.0I onbtNlol,'" pI/It fIlIllhonI'.., we
II. NOTICES
ftr/llObrtcPtd'*lUIlltr thtI be 11fll1ll1ll bvI.....11dht1 cltl9YlId on lII,ignIUt 1IIgI00fit AO'ItmIfllIfllIlllil
be iIttlIlId MMd~:'::' ~,ltIIdOl WliIIdINlOl Nnd1ltI>Md 10 III o/IoIr 0I1UtIOItIId 1IpI.1lftW1t 0111I flIITr III
IlllorIIlllllO*' It
It. IIICOIIPORATION OF PRIME AOIIEEMElIl
WconI\AwllIQlNlllbebMldbt III """" ~~ 0I111tc1~1IMo11lNc/l",' ~III "I Ag/IImInl
I/llf ~1t<I bt ",_ IIII.iI. Ipocib't. W loIflcIuI IOIjWOiIC1t ~ 10 III r.dln' ACq.oItIllorl
/Itf.lIlont lF~ltI~ Wloont\AIIII IOItII III OOIIIjit 11I11 ",~l/'IIC I DI N F~Il't,
,I
I
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n 1:' t] EI ~,
.
PART VI
~
A. Tho ConIulIInllhll nol COfMIIlIf'r( 011110 IolIO\\ing .mpIoym.nl pllctIc... and .gItO'
10 plohIbIllho IoGo't'ting pllctIc..1n Itrf .ubcon~.ctJ:
I. To chdwgo Of r.Iua.lo h1t.1trf lndMdull bocaUl. 01 Iho~ IlCO, coIoI,lIlglon,
.... nalJonal Oflgln. dlllb8ily. .go, mllllllllllu.. Of mull OflenllUon.
2. To dltalmlnllo .galntl If'r( lndMdullln lorml, condiUont Of plMlogo. 01
omploymtnl bocoUl. 01 Iho~ roco. coIor,lIl1glon, lOX, nallonol Oflgln, d1'lbIIIly,
Igo,llIOIhol.lIlut, Of "XlIII OIlonllUon.
B. 6hou1d 11I0 Clly IlImInolo III. Agr..mon~ 11I0 Con.uI1l1l1 .hoD bo plkl on 1110 bill. 01
WOlk IIld .aMet. porfOfmod up 10 11I0 Iknt oll.rrnlnlUon. Howovor. .udI.Umt.haI 1101
bo groalor IhIn Iho 'nollo oxcooer amount hlod In POtI DL Tho CIIy may IlImIn.lo &hit
Agroomonl upon .mn (7) ColOndll dl)1l'i1ln.n noUeo 10 Iho Contullonl.
C. ThI. Agltomonllhll be binding upon III. .UCCOIIOUand a..1g1II 01 1110 POtUo. horolo,
plovIdod \hol no OI.lgnmonllhal be m.do wllhout 11I0 wtht.n COOIonl 01 d pOl\lOl 10
laid AgltomonL ,
D. lilt undllllood and .g/.od 11I0111I. rolonUon crill. Contul1onl by 11I0 CIty IOf Iho
purpolO 0111Io 6101m W'III Pormll\lng PrO/oc1lholl bo a. on Indopondonl con~octOf IIld
nol.. an omploy..: Ihal be .xclutlv. willi III. Con.uhonl.xtCu\lng 1hI. Agltomonl; and
111. eon.uhonl.hoII hove III. rlghllo omploy .1lCh ...111Inct It may bo roqufrod IOf Iho
porfOfmanct 01 Iho PrO/ecL
E. lilt .g/ood by Iho CIIy 11Io1 aI rOCO/d. and 1iI0I p.rllWng 10 InIOfmallon ntod.d by
Conaul1anllOf Iho PrO/oc1lho11 bo modo avoDlblo by uld ClIy upon rollonobl.ltquttl
10 Iho ConlullonL Tho Clay ogroOl 10 "-n1sh 011 Itllonablo a..lstanco In 11I0 ula 01
111010 locord. and rdOl.
F. lilt rurthOl Igrood 1II0t no pllay 10 IhII Agro.monl .haI porfOlm con~1IY 10 Itrf Ilalo,
lodorol, Of IocaIIIw Of any 01 11I0 OfdllllnCOl 0111I0 City 01 !owl C/Iy,1owa.
G. Mlchao' Ryan. omploy.. 0111I0 Conluhonl.hal ollond luch mooting. 01 111. Clay rolollvo
1011I0 work 1.1 lorth In thI. Agr..mon~ .11110 loquOlI 0111I0 CIIy. Nrt ItqUOII' mod. by
1110 CIIy lhoII bo glvtn willi Ita.onabl. nolleolo 1110 Con.uhanllo allUlO allondonco.
H. Tho ConlullonlagltOllo fu/nllh. upon 100mlnallon 01 1hI. Agltomonland upon domand
by 1110 City, coptOl or an ballo notOl and Ikolchol, chlllt. compulallonland Itrf 01110'
dala plopllod 01 oblalnod by 11I0 Conluhonl pIIfluonllo 1hI. AglOomonl wllhoul co.~
and wllhoul rOI~IcUon. 0/ Pmllallon 1110 ilia UIO lolatlvo 10 .pocino ploloct. covoltd
undor 11I1. ^OltomonL In .uch ovonl, 1110 Con.ullanl.haD nol bo Dablo lot ClIy'. UlO 01
luch documont. on olhor plOl.ctl.
/'/39
n I:' [I EI b
11
L Tho Conlunanl.grOOllo furnllh III llportl, Iptclnc.Uont and clIlwIng. with lIIe 11I1 01
. proloulonal.nglnoor .tflxod 11I01110 01 .uch ml II llqulttd by Iowa law.
J. Tho City .glOlIlo londor tho Conlulllnllll rmln .Ifm.~ IlIIMII, 'XCtpUng howmr,
th.llanuro 01 tho eonlunanllo ..UI'actOfIly porfOfm In .CCOIdanco wtth lhI. Agroomtnl
,haft contUlutt gloundl IOf th. CIty 10 wtlhhold plylllonl oIlho amounl .ulflcl.nllo
proporly complolo tho PrO/oct In Iccordanco wtth 1hI, AgrtomtnL
K. Should any toctlon ollhll Agllomonl bo lound invalid, n It .gllod lhallht IOmaJnIng
porUon. 'haft conUnuo In fun 100e. and olloct ., though tovol.ble 110m 11I0 invalid
portion.
L Original contact drawings Ihlll bocomo tho proporty ollho City. If Ippllcablo. \hi
Consultanl,haR bo afIowod 10 koop mylar roproduclblo coplollOf tho eonlullanl" own
DUng UIO.
M, FOOl paid IOf IOcurlng apploval ollulhorlUOI having jurlld1c\Jon ovor tho PIOJOct wiD bo
paid by tho CIty.
N, 1111 rut1hOl Igrood th811h0l0 110 no olhOl conlldolaUonl Of monlOl conUngonl upon 01
rOlulUng 110m tho mcuUon 01 IhIs Agroomonl,thal1hI1It tho onUro Agloomon~ end thai
no 011I01 monlos Of consldoraUons havo boon 'oncllod.
bpdscopo,ogm
I'IJ?
n 1:1 0 EI .-/
Part VII
FEE SCHEDUL!
EFFECTIVE JANUAAY. 1991
Clulillutlan
Ilourly lIt. Itln,.
!AS - Enllnur/Archlt.at/Sallntht
..nlar !AS
proJlct !AS
!AS
Auhtant !AS
Slnlor Tlchnlclln
proJlct Tlchnlclln
Tlchnlchn
Tlchnlclln ^.Illtlnt
Adllnlltrltlvl (Cllrlcll)
m.oo . $15.00
$'0.00 . $65.00
"0.00 . $60.00
$20.00 . $50.00
$)5.00 . $55.00
$30.00 . $50.00
f20.00 . $40.00
$10.00 . $)0.00
$15.00 . $".00
Dlrect bpln.lI:
Conlultantl
At Cut
COlputu/CADD
VAX CaMlct
Stlnd Alonl )2C
Nan.crephlc, PC
CrephlCl PC
liard ProClulnl
Plot ChUSII
D.lk.Top Publl.hlnl
Copl..
Callrl/Prlntlnl
Blu.prlntlns
Stpll Hylar
Slpla VIU\III
Troxllr Dlnllty H.tlr
Clodlllur
HUIIse
$la.oO/llr.
$la.oO/llr.
$12.00/llr.
$15.00/llr.
fl a.oO/ll r .
$ 6.00 Elch
$20.00/llr.
$.OU/Capy
Hltlrlal. and Labor
'0. )O/Shu t
,5.00/Shut
".OO/Shut
".OO/llour
tl2.50/lfour
IRS Rate (pre'lnt $0.275)
Hell., lodslns, clr r.ntlll, air travII Ind .01. othlr Ixplnlll Irl
Involced at COlt.
Splclalllld Iqulpllnt Inel laborltory rltl' Ire IVllllbl1 for Ippllclbll
proJlctl.
Hlthod of cOlplnlltlan un bl IdJu.tld to cHlnt nlld.. Prlvlou. lothad.
ulld lncludl: IUDp 'UD, plrclntlSI of conltruatlon. hourly rltll Ind
dlrlct Ixplnlll, clllllflcltlon ratl., Ind COlt plu. flxleI fel.
Trm/Hha/ATl
I'
/'139
J'I
n 1:1 t] EI EI
~, I?
11
RESOlun ON N1.1l:.Z.18
RESOlUTION MlflIOIIIZI~ mCUTlON Of' AN AQR[E/I[Nr fOIl Tit: IOIlA HIGlNAY I KST
PAVI~ 1/lPIIQV[ft[Nr PROJECT IIITH THt: IOWA DEPAlITIIlIT Of' TRAWOlITATlON
IIII:REAS, Ih. CII, of low. CII" 10... hn n'901l'lId u .9r....nl with Ih. low.
D.parl..nl of Tran.porlatlon, . COo, of uld .9r....nl b.ln9 .ttached to Ihil
R..olullon .nd b, Ihl. r.f.r.nc. I.d. . p.rl hlr.of. .nd,
1lI1:REAS, Ih. CII, Council d..l, II In Ih. pUblic Inllr..1 10 .nler Into uld
'9r..llnl vllh Ihl lov. D.p.,tllnl of T,.n'oorl.llon for 0,vln9 Ilprov...nl. of
low. HI9hv., I 111.1.
1<<Ill. "(AErOllE. I[ IT RESOlVED IT TIlE CITY COUICIL.
I. Th.1 Ih. ".,or .nd CII, Cllrk .,. hlr.b, ,ulhorllld .nd dlr'CI.d 10
,llcul. Ih. '9rllllnl vllh Ihl low. D.o.rll.nl of Tr.n'oorlatlon,
2. Thai Ih. CII, CI.rk .h.11 furnl.h copll' of ..Id '9r..llnl 10 .n,
cllll.n r.qul.lln9 ,.11.
It VII lovld b, .bbrhco .nd ..cond.d b, Ilorovitz Ihat
lh. r..olullon .. r..d b. .doplld. and upon roll c.11 Ih.r. wlr..
eltlL uaIlL A8SENT.
..L _ _ Albrl.co
..L _ _ Courln.,
....L. _ _ Horovl II
..L__Mby
....L _ _ Lmon
....L _ _ "cDonald
....L _ _ Novick
P....d .nd .pprovld Ihl. 20th d.y of AURult 1991.
ATTESh 'J?JbU~"J .p .JI~
-ctiT CLERK
C I, Allorn,y~~;i
1110
"
n I:' t] EI q
.
.
.
II
srAtt ACTION NO. _5- 'l;J..~ Y S
PR[CONSTRUCTION AGR[[H[NT
County, Johnson
City, lOll' CIty
Proj.ct No. rH.I'~21.52
low. OOT
A9r....nt 110. 92.4.012
IT IS MR[lO bttllltn the Silt. 0' lOll', low. Oop.rllont 0' Tr.nsporllt Ion
(h.r.ln OOT), Hl9hw.y Dhlslon .nd th. City 0' lOll. City 'n Johnson County,
lOllI, (hor.ln Cm) U follollll
I. Th. cm propoltl to dulgn. l.t. construct .nd Inspoct .
projoct 'or reconltructlon 0' low. 1 wIthin th. CITY 'ro.
Orch.rd Str..t .It.ndlng wtst.rly .nd louthwolt.rly
.pproll..t.ly 2100 fo.t.
.
Th. proj.ct ifill provld. 'or constructfon 0' . new
wtstbound traffic 1m .long tho north lId. 0' tho
exlstfng ro.dw.y. Th. existIng' Insld. wtltbound "n.
11111 b. IOdffl.d Into. prot.ctod loft. turn l.n. .t tlCh
Int.ructlon IfIIll. ret.lnlng . 4.'00t IIld. IIIOdlan.
Tr.ff1c Ilgn.ls 11111 bo Inst.lled .t tho Int.ructfons of
1011' 1 IIlth Orchard Strut .nd Hf11.r Str..t. Th.
propoled tr"flc slgn.Is 11111 bt Int.rconn.ct.d IIlth
othor 10lII 1 slgn.ls PropolOd 11011 0' this project IS
11.11 .1 thol' on the U.S. & by.p.ss.
2. Th. CITY 11111 dovolop and construct tho proj.ct In
.ccordanc. IIlth th. 'ollowlng guld.lInOSl .
A. Tho CITY ifill .d.fnlstor tho proj.ct .nd 11111 be
dOI19n.t.d '1 the Contr.ct Authority.
8. Tho IlOT 11111 r.l.buru the CITY 55S 0' the .ctu.l
proj.ct colt or sm.m (.55 x 599,800) 'rot the
Prhl.sry Ro.d fund 'or construct Ion 0' .lIglblo f1ellls
on tho .bovo r,'oronced IllprovelDent (ltO Stctlon 1
.bove). Tol.1 IlOT r.l.burullnt IIf1l bo based on
SSS 0' tho contr.ct bId prIm and .ctu.l guantltles
pl.cld (II. Iltl.,t. on [xhlblt A att.ched).
C. OOT If'CltlcltlOns Ihall be used In the constructIon
of th s projlct.
D. Th. cm lUst mur. OOT .pproval 0' project plans
prior to .dvertfsln9 'or bIds.
N'I-o
n I:' 0 cl [I
2
.'
I
;
i
. I
E. The cm lUst ltCurt DOT .pprml In the IlIard of
the conltructlon contr.ct.
F. The cm shill Includ. proposed st.~ln~ Info""tlon
In the project phns to b. .pprmd by the DOT at
the tile of phn mllll.
G. The CITY shill us. posltlv. .rrortl to solicit bids
'rol .nd to utilize .Inorlty. IIOI.n .nd/or
dhldY.nt.~ed buslnm .nt.rprlsu .. contr.ctors
end .nsur. th.t the contr.ctorl Nk. posltlv.
.Horts to utili,. thm ent.rprllu ..
subcontmtors. luppllm or plrllclp.nU In the
work covered by this .ppllc.tlon. [Hortlsh.1I b.
INd. .nd documented In mord.nc. IIlth Exhibit B
which Is atteched hereto .nd by this rerer.nc. Is
.ade e part of this A~reelllent.
N. Construction or the project by the CITY shill b.
conducted In such I lIay that disruption or prlNry
rOld trlrrlc 11111 b. h.ld to a .lnlpul.
3. Any cOlts Incurred by the cm In perfor.lng Its
obligatIons h.r.under shall b. borne exclusively by the
CITY Nllhout ral.burse.ent by the DOT.
4. Upon cOlplellon or the proJect. no changel In the
physical futures thereof shall b. und.rtlken or
perlltted llllhout the prior IIrltten approval of th. DOT.
5. 1011I I throu~h tr.fflc shall b. olntllned durln~ the
construction period.
6. Halnt.nlncl of 1011. I IIlthln the project ma shall be
mrl.d out In'mord.nce IIlth the ttrlS .nd conditions
contained In 761 10111 Ad.lnlstr.tlv. Cod. Ch, 150.
7. Subject to the provisions hereOf. the CITY In Iccordance
IIlth Chapter 319. Cod. of 101la. .nd 7n 1011I
Adelnlstrattv. Cod. Ch, 150 lhall relOv. or C'UII to be
relOved .11 encroachlents or obstructions (.lther .boVI
or b.lolI ground) IIlthln the 1I_IU of the existing
priory hlghllay right of lIay. The CITY shill .ho
prev.nt tha .rectlon .nd/or placement of any structura or
obstrucllon on said right of lIay. Including but not
IIIIIt.d to private signs. buildings. underground tanks.
PUlPS. Ind park I ng mas.
(fit: f)
t] I:' CI q 't
3
,\
I
8. Putfng sh.1I b. controlled by the CITY with .n
.pproprl.t. ordlnlnct which sh.ll go Into .Hect or
contlnu. In .ffect .t such tilt IS the proj.ct Il
(Glpl.ted .nd op.ned to through tr""c In lCCord Nlth
the following. PukIng sh.ll b. prohlbtl.d on the Ilnor
street .pprmhu for. dlltlnC. of 35 ft. In .dvm. of
the stop signs .nd/or crossw.lks .nd on the .xlt sld.s of
the Ilnor streets for . dllllnCI of 35 ft. beyond the
sto~ signs Ind/or croslllllks. Puking lh.ll b.
pro IblUd within tha project 1Iltts.
9. Subject to the .pprml of .nd without upenll to the
DOT. the CITY sh.1I p.rro", (or (lUll to b. p.rrol'llOd),
.11 r.10Cltlons. .1tmtlons. .djustlents, or rllOv.1s o(
utility flellltles. Including but not Itllted to ~wer.
t.l.phon. .nd t.legr.ph lines. c.blt tel.vllton tnu.
n.tur.l gn plp.llnes. w.t.r IIIlnl Ind hydrants, curb
boXtl. unlt.ry IIWIrS. .nd r.lIted polts, Instil lit Ions
.nd ,pP\lrt.n.nCtl, wh.ther prlv.t.ly or publtcly own.d,
.nd .11 oth.r flcl1ltlu or obstruct tons which Irt
loclted within the 1I11ts of .n utlblllhed street or
Ill.y .nd which shall Int.rf.r. with conltructlon of the
proj.ct .11 In 1CC0rdanct with the Utility AccollrllOdatlon
Policy of the DOT.
10. TIl. CITY shall cOlllply with all provisions of the equal
e.ploYllent opportunity re,ulre.ents prOhibiting
dllcrlllnatlon and r.qulrlng IH rutlvt .ctlon to mur.
.quIl e.~lor.ent opportunity II r.qulred by Iowa Code
Ch.pt.r 01. No person shill. on the "roundS of .g..
rlc.. crttd. SIX. color, nltlon.l orl~ n. religion or
dlublllty. b. excluded froll putlclplt on In, b. denl.d
the ben.rlts of. or b. oth'l'lllu subjected to
dlscrliln.tlon under .ny progral or Ictlvlty for which
the CITY rectlves Stat. funds frol thl DOT.
II. I( InY IIctlon. provision. or p.rt of this Agreellent
shill be found to be InvIlId or unconstltutlon.l. such
Judglltnt shill not af(ect the validity of the Agrment
II I whol. or Ift{ mtlon, proYlllon. or pArt thereof not
(ound to b. 1m Id or unconstltutlon.l.
12. ThIs Agreellent lay be executed In two counterparts. each
of which so executed lhall be deemed to be an original.
U. This Agreement II lit forth In p.r.graphs 1 through 13
herein (Inclusive) represents the entire Agreellent
between the CITY and DOT. My subsequent chante or
IOdlflc.tlon to the terlls o( this Agreellent shill e In
the fona of . duly executed AddendulI to this Agreement.
{l/Jlo
D,:'oqe
4
;,
i
Cou n ty,
Project No.
.klhnson
IH WITHESS WNEREOF, mh of the partIes hereto has executed
Preconltructlon Agru.ent Ho. 9204-012 IS of the date shown opposite Its
stgRlture below.
City on wa CI~y Ci ,
BYI j~~ ~.~ ~R J~~
TI~ HlYOr
db
, 19.,iL
I. MaI':lIl1 I< I{(tf't" . certlfy thl t I II the Clerk of
the CITY, and that ~~n M...i\-a.U,I . Hlyor. who sIgned Slid
Agreealent for ud on behalf of the CITY WIS duly authorized to execute the
lillt on the O)(),,^ day of _~(.(Jl.L~" , 19JL.
SIgned 'h1....:__0 ~ .J!... J
CIty CI~owa CIty .~
~lA5T" -'0 . 19..2./..
oate
9/~
19 ?I
'-
A TTESTl
BYI
c;R~f/~~
flI.'f()
- I:' CI C, ~I
. -
. I ..
,
. I . .
I'
~1l1"JIl,.~'lIt
"{fi" , 1(11 "11\1 11ft:.t~'" Ill, I. 1111
EXHIBIT A
Aar,c"'fr1t 91-"~tt.
II" 'IK'" 1101 nil ~1II1 Nfl 11I1/,111
I tl'I1(11, II.W, " a:"'1lt " II UI. IU'I/II,110
M. OOtrl, CUll C, II~
I ".teIl', IIllllll C. "'lolli' If n 'H JI." III,",
M. cc.clllf. CUll I. III)
, tllt/Clll(IM an tlt It." 1:,Wf
· lit"". . Jl(). M. C:"trI. Ie II HI :I.H 1l,I4(
MI.
IIICA,m", n If, I(~QI &~ ClI It '* Iol. 71,*
.....ew
. 1.I:."u. IIIW." I' 1:1\ IW 11.10 I,M
7 ~.1IAlI, PJ.li.\u, I' ICIlS II,. II." 1M>>
, kflUlI, IN"lfll", I' III III" 7:.0 l.liI 1I.(ei
, ".flUI, Mill, W'~rn lJOt I IN.W .If
HIll III'. I' tu
" ,,~.... 01 ctl(ltll II I' ~I ,.W II. ... .._,
II II' c.l III" J6H I." I,:"
ll11lJl14 M ,.,.., IA) . >>t.N I,CY!
IS ,~ 'I PlIt L1." lit 10.00 I,m
Il Slatl Ill", II' II. '" a. III :1." H H." loe
IIlrca.. 1(1(1, II' lit ICP n lilLI'" I~ II." II'
lt IIC~. 'hll, II' lit au :llll LIt " lit It." '11er
II llOU n'Il,Il' IllICP :l. III LIt " '11 Il.K Ji,IM
111I4llI mil, J6' "' '" n I. U-" I' Il.tl "'II
IIIU.l(Clltt, u.:q'l "(1" Ij()l I 1<0." tit
Ifltl, II' . J6', Htn i
It NU., ()(I(II, :. :.. lit uc~ I m.N 'If
.11. lilt. un I
:1 IIlICf lII11l1WIDl IN If II." 101 i
r: ":111, IN 001 , Itot.W Il,Ht r
II hllll, U'II(, 11I1 I ItOI I JI("'O 1.10>1 I
I. No\~(, I!~ I(~U, I' ", Ij()l . mo.N ',iii
n '1IN1I1I, lUlU", liP( , IillS m 11.00 1,111 I
U IILI fl"l ", " If I." IN !
II "fill', ,m'llll.. I ".CllIIlI(1tI .U IMO." IIf
IIlCl If.llIU !If It.~ II,M
II "I(NII 1111'" III In :f.~ ',111
u r~m: CMG!. "., k~ I 1000.co I',M
" NWIlIe. 11(4 11>>:0.0. I't~
hrllCGulCI l~tJ I moo.~ It,(olf
I
IIIlI.
~~ 1l1l~1lJ
UJ OOT" JJJ.,,~NI
N~o
-.'.,. "
t] I:' [I q LI
EXHIBIT B
t."I,,'
I'
I
CCHTRACT NOYIIIONS
(~
SP(CIrIC Al'FIIlIIATlvt ACTIOII RUllOH5181LITIES
011
IOl-F [0(RA1, A I D PIlOJECTS
"or Thl"..hrty Sutl Allhte<l ProJectt'
Tti:SE PllOVISICwlS AIlE flER ADKIHIST1lATlvt RULE 541, ClW'TtR 4. INA ADKINISTRATlvt COOt.
I. GE~[RAL
AfllrmotlYI .ctlon rl~ulrl$fnt' to Incourlgl .nd Inerlo'l DOrtlclDOtlon 01
oluov.nug.d IndlvlcJ.h In Du,lnl" Inarorl.., In .11 n.t. IU'ldtO O.OJIClI 140t
.v.lI.oll tllrougn tll' low. DIDlrtMnt 0' Tr.nloortltlon. ... r.oulrtO Dy tn. COOl
0' low.. Slctlon 19B.l, ., o.'lneo In tllll lpeclflcltlon ~lcII II ImoollC ourlUb~t
to ~~. OI~rtH't 0' ..Ng.....nt Ruin. 5.. Clllot.r', On oroJ.cu Inyclvlng SUtl
lUll". IIltn or wltFlOlr. loc.\ eontrloutlon. tll... reoulrlftllllU tuotruo, ,II
'Klnlng Illnorhy ana/or ~n bUlln," ,nterprl.. r,gul.tlonl, orOlrt. clreul.r"
.ne ooml~I'tr.tlvl r,~lrlftllntl. lR.oulrementl conc,rnlng proJlc~1 l.t oy tn, lowI
OCT Involving "Olrol..lo .r. ..t lortll In thl lUOIIltMnt.1 loeclflcnlon lor
So,:lfle A"lr",tlv. Action RllPOn,lollltl., on FtO.r.1 Alo ProJlctl.1
Ii. DISADVANTAGED BUSIHES$ EHTERPIlISE POLICY.
Tn. Contr.ctor will .CCIOt II hll/ntr Ojltrttlng polley tll. lollO\llng m:tMn~
IInlcn I' O.llgnlO to oromotl 'ull DlrtlclDOtlon of dIIIOV.lltOg.o OUllnlll
enmorlln. In:IUdln~ \lrg.tlo INII DIllin...... II lUOIlll.r. ond luo:ontrmon
tnrollgn I contlllUOYl, oo,ltlvl. rllult-orlentlo progrom.
It h tnl oollcy of t,,1I fir- tllOt lmall Dullnua con:lrnl. .. alflnld
oy enl DI)lrt~nt of InlDlctlon. ond lOOtol. Rull.. 261 10'" AQ1lnlltrl~lvl
Coe, Cn.S', IIIllcn ar, eontrollld Ond OlIIIld by llnorltlu, women. ono 10:lally
ane Ic~lcolly dl,,~vlnt.gtd lnolvlouel., INII hlvl thl mo.l~ pro:tlclDI,
o~rtunlw to DOr-:lclDOte In thl olr(onroancI o( contr.ctl fundiC In ~I. or In
oare IIltn StOtl (unol whlc" or. oomlnlmrld by thlt flrlll l..g. 'UOIIlhr. one
luo:ontrl:tonl. Tnl ouroo.. o( tn. oollcy h to Incourogl oncl Incr....
Dlllovonuged BUlin... Ent.rorl.. DOrtlclpatlon In contr.ctlng oooortUl\ltl..
IlIOC. ov.llool. oy thlt flr. In thl per(orNncI of controcts Md. .voll.:>l.
D)' Seau Anl.tlc Dro~r~l.
III. DE'IHITI~.
A. DhlClYontl9ld Bullnen Entlrprhl (0&). l "",II bUllnln tnat It bOth OI/Il'O
ono controlltO lIy mlnorltlu. WOII\In. or ,oclally and ,cOl'oOllllc.lly
olllOvontog.c 1""lvlouell. IThh o.flnltlon re'.ra only to oulln..... loclt.
In tne Stitt of lowol. Till ter. D8t lhell lnelucl. TOfgeud SlToaIl BUlln...n
ITSBI.
B. Dhadvontl9ld IrdlvldUllll. 'or tII. ourOOIl o( thl. polley. Incluol bUt .r. no
limited to the 'ollowlng racial grO'JIl'.
J. Block. A PI~lon hiving orlglna In .ny o( tn. ol.:k racl.1 gr~JOa.
2. HltPCnlc. A Dlr,on o( SDlnlah or Portugu"1 culture IIltn orlslnl In
",.Ico. Soutn or Central A/IItrlce. \"1 CorlbOean Illonol. or tf.. loerl.n
oenlnlula r,garolol' o( roce.
3. A.lon. A OtrlOll hiving orlgl", In ony o( the original DtOPI.. 0' tnt For
Eolt. Solt:nlUt A.II, or the P.:lflc hlane,.
'. hlen Incll.n. A Dmon Nvlng origin, In .ny or the orl;ln.I ~eo~ln 01
Incll. Po~lle.n. and BangloOI,n.
S. ""'rreon Irdlen and Alalkan Natlvl. A omon IIIvlnv orlvlna In .ny 01 tr
original o,O'le 0' North America.
tWo
. n 1:1 t] CI 5
,\
6. Vomtn, ror t~a ourPOla of thl. lpeclflcatlon. adult, '~Ia perlonl 0'
any .tnnlc or racial blc~grouno. wno ~va controlling Int.r..t In
COtlltructlon aNJ/or Nnufacturlng flna..
Tal'9ftl<l _II Dutlntt... IT58). A '/11I11 bu.,n.... It d."n'd by low. COlI.
IS.I02(", Which I. SI\ or ~r. own.d. OPerat.d and actlv.ly ~nagad by on. or
flOra IIOllItn or Illlnorlty Ptrlonl.
QuaII'lcatlon wlt~ requirement. of ParagraPhl A, Band C will be dat.r.ln.d by t~.
OOT, u.lng I' . ball. c9 CrR, Part 2), lubPart 0 and ...nament. I06Icl, or low.
O.Dlrtment 0' Economic OavalOPmtnt rula.. Tha OOT will c.rtl'y thola OBE. tnat
lIItat tntl. QUalification. and ~v. agr'ed to 'urnl.h QUOtation.. A curr.nt
Olractory 0' Certlfl.d Disadvantaged Bu.ln", Ent.rprltu will be ~o. avallaol. to
oloo.r. ana contractor.. A Dlr.ctory 0' T.rg.t'd Snail Bu.ln.II.1 (lSBI II allo
.vallaol. fr~ tn. Iowa O'Dlr~nt 0' Economic D.v.l~nt. Th. contracting
autnorlty will al.o deter.ln. If a COlll'trcl.lly u"'ul 'unction .wllll. (Stt Y.O.1
c.
IV. COHTRACTOII'S AFrIRtlATlvt ACTION R!:SPONSIBILITIES.
Tn. contrlctor lnall d..lgnat. a r"POnllol. p.rlon or company o'flclal to I.ry. al
.
tn. Ollaovantao.d BUlln'll Ent.rprll. Llal.on o"lc.r. lh. Olllovantao.d Bu.ln'll
[nt.rorll. Llallon O"lc.r I~II,
A. "av. n'C'llary .tatl.tICI, 'unalng. authority. and r.IPOnllblllty to carry out
ano .nforc. tn. Int.nt 0' the 'Irm'l dllaovantaOed bulln.l. .nt.rprll. policy
ano INlII be rUPOll.lbl. 'or d.v.IOIllng, IMnaglng, and Ill'CIlementlng the
orOQrllll on a Clay-to-oay ballt.
e. UI. the OOT'. curr.nt Olr.ctory to Id.ntlfy pot.ntlal mat.rlal luPPll.r. .nd
contractorl. or thl lSB Olr.ctory.
C. Klk. .v.ry ,"ort to Involv. DBE. In the Ptr'orcanc. 0' contractl, 01
.uppller'.nd IUbContr.ctor., by lollcltlng quot.tlonl 'rom th.~ and
Incorpor.tlng th,1II Into the 'Irlll'. bid.
D. Aovlu tn. Contract Ing Authority of any k/lOllll dltldy.ntag.d bulln...
.nt.rprll. not Includ.d In the OOT'I curr.nt Directory be'or. .nt.rlng Into
.ny contr.ct .or.ement to latll'y r.qulrementl 1~I.d by the Contracting
Authority by thll .p.cl'lc.tlon. A DDE/TSB that II not Illt.d but ~I been
c.rtl'l.o by anoth.r St.t. .O.ncy IMY be UI.d.
E. Klk. .v.ry r..IONol. ,"ort to utaoll.h 'Ylt.~tlc wrltt.n .nd v.rbal
contact wltn tho.. DBE. that have be.n d.t.rmlned to ~v. the n.c....ry
ootentlal and capabllltlel to 'urnl.h n..d.d mat.rlal. and p.r'orm nec..llry
work to D' .ubContract.d. .t 1.lIt two wttk. In IdYlnc. 0' the tllllt prlcn .nd
ouotltlonl .re to b. .ubtlttad.
r. Provld' or arrang. 'or .1.I.t.nc. to c.rtl'l.d DBE. In ...klng n.c....ry
DOndlng, .nalyzlng planl .nd IPtclflcatlonl, plannlno .nd management 0' IIOr~
ano otn.r .ctlon. t~t c.n be vl,w'd .. t.chnlc.1 alllltanc..
G. Kllnt.ln compl.t. r.cordl 0' n.gotlatlon ,"ortl with OBE. to r.lCh .0r..lol.
prIC'I. Duotatlon.. and IIOrk ICh.dUI.I.
". En.ur. tnat r.gularly .cheduled proor", pa~nll ar. mad. to DBEt .1 aorted
In IUbContract .gr.em.nt..
I. R.POrt to tn. Contracting Authority all .uIP.ct.d Inltanc'l 0' 'Irlll.
'rauaul.ntly cl.lmlng to be DBE..
~. R'Dulre all .pproved 'Ubcontrectort .nd mat.rlal .uppll.r. to c~ly wltn .11
contr.ct 'Dual employm.nt opportunity and ."lr~tIY, action provlllons.
1(. If. goal I. ut 'or the project. the contr.ctor .~" .uOOllt. In writing,
prior to tn. .w.ro 0' tn. contract, tn. namel 0' Iowa c.rtl'l.d DBE. to b.
utlllz.o al ,ubcontr.ctor. and/or .uDcll.rl. or oocum.nt po.ltlv. ,"ortl.
(Lf{ D
- p 0 q b
. -
EXHIBIT B
!lfI8.r.1
v. COJfTIIIG DISADVAHfACi(O BUSlless ENTtIlPtlIK 'AIIT1CIPATICIIl CIIl TI( PIlMCT.
Tn. oloo.r II\O~ count toward hh!II.r DOE PlrtlclPltlOll. OI.MtO .xDtndlturn 'or
r.oWI.II .nd IUCl9I1t1 to lit oot.ln.d frO/l ODE IlIClPlI.rl Ind NIII/'.cturtrl, or for
llOrl( to D' lUOCOlltr.cttd to . ODE Dr .n)' oth.r c~rcl.ll)' u"ful functIon.
orovlo'D tn,)' er, to '''\IIlt .ctutl .nd contrectutl rnllOllllblllt)' for provhlon of
NWI.h .nd luPOlIII, l~trecttOllOrk, or otllfr connercl.ll)' ultful function.
A. Tn. Contr.ctor me~ count IIII!II.r .ntlr. .xDtndltur. to . DOC Nnuf.ctur.r that
' orooucn Ind IUPOII.. ??oo1 IroOnuf.ctur.d freA rev Nt.rl.h.
e. Tn. contr.ctor me~ count 601 of IIII!h.r .xp.ndltur.1 to OBE luopl'.ra that Ir,
not II\OIII/fmur.rl, provld.d the IlIClPlI.r DtrfOrl' . connercllll)' ultful
function In tilt IUCl9I)' proc.n.
C. Tn. contr.ctor me~ count tow.rd III1/h.r PlrtlclPltlon onl)' 'xO'ndltur.. to
Ooh tlllt Dtrfom. eonnerclllly u"ful function In the llOrk of I contrect,
Inclualll9 tnolt 'unctlonl II . IUbControclor.
O. Worl( p.r'Ormtd by. ODE flr~ In 0 partlcul.r tr.n..ctlon c.n lit counttO tOwore
oortlclPOtlon only I' the contrlctlng 'utllOrlty d.t.nlln.. thet It InYOlv'l 0
cDmmfrclllly uI"ul 'unction. Tnot I., In light of IndUltr)' proctlc.. end
otn.r rt IIv.nt con,'o.ret Ion., CIon the DOC fir. hav. I n,c,"or)' .nd u..ful
rol. In tn. tr.nloctlon, of . kino for ~ICh tll.r. II I r.ork.t outlld. tn.
contlxt 0' tn. DBe progrOlll. COlt of 'QulPlltnt 1.lIlng or tll. PUrClll1t of
II\Otlrloll (rO/l tn. proj.ct prl... controctor 11111 not COUIIt towerd the proj.ct
oartlclPltlon.
\
VI. REQUIREO IHFORItATIOH. OOCUII[NTS. AND COHTRACT AI/AIlO PROaMfS FOIl PIlGJEClS
ASSIGNED CiOAI.S.
A. olOCltr. lhel I lit r'QUlnd to c~lott I (orll, InclUdtO In tll. bidding
DOCumentl, lilting tll. ~. of DoEI contlct.d r'girdlng .ubcontroctabl.
It'~I, tn. OOt. of till contoct, Wh.th.r or not I bId or QUOtotlon wo.
r'C"Y'd, tll. date It 110. r,c,'YId, ~otll.r or not tll, QUOtotlon 1101 u.td In
tno ola, 'nd tn. oollar OIlOUnt prOOOltd to be IUbcontrlct.d.
B. Tn. Contrlctor lhOula UI. tllOl' OBEI WhOI' QUOt" .ro Illt.d In the "Quot.tlo'
UI.d In Bld" column .Iong IIlth 0 'V'I' lnellc.tlon, on tll. Pr'-bld Contoct
In(orlroOtlon for~.
C. If tll.r. II no ODE partlclPOtlon, tll,n tll. controctor llIall compl)' IIltll tilt
DOCumentotlon 01 outlln'd In S,ctlon VI 0 o( thll loecl"cotlon prIor to the
controct .ward.
O. Thll DOCument.tlon lnould Inclua. .,1 .((ortl mada by the Controctor to
Inclua. ODE Plrtlclpotlon In the work of thll prOj.ct, If It II requ.lt.d b~
the controctlll9 .utnorlt)'. Th. ClOCl.ntntttlon ma~ Inclua., but on not 11~lt.
to, tn. followlll9'
I. Wh.th.r tll. Contr.ctor Itt.nd.d on)' pr'-Iollcltatlon or pr'-bld me.tlngl
tnet w.r. ICh.dul.d by the contr.ctlng .UCllOrlt)' Ond Informed ODE I 0'
contrectlng 'nd luocontractlng opportunltltl,
2. Whltn.r the Contr.ctor Ody,rtlltel In g.ntra' clrculotlon, trld'
.IIoclotlon. Ond ~lnorltY-focul medl. cone.rnlng tll, luocontroctlng
opportunltl...
3. Wn.tn.r the Contr.etor proyld,d wrltt,n notlc. to 0 r',lonobl. numb,r o(
IP,elflc DOh that th.lr Int.rtlt In the contreet 1111 lItln; .0llcltlO, I
lu"'el.nt tlmt to .11011 the ODE. to partlclpat. "',ctIY.ly,
c. Wn.th,r the Contractor' follow'd up Inltl.1 iollcltltlonl 0' Int,rm D)'
- eontoctlng ODE. to d'ttr~ln. IIlth c,rtolnty WIl,th.r the OoEI w.r,
Inttrttt.d,
I'No
.......~'. >'''.0-.... ,,,.,,.,\.,
n I:' 0 q .-/
.
.
II
5. IIneth,r th' Contr.etor ul,etld portion. 0' the IIOrk to be Plr'Orlllld by
DeC. In ordfr to Iner,al' DeE PlrtlelPltlonl
6. IIneth,r th' Contr.etor Drovla'd Interuttd 0811 with 'd,auat, InfDnr.tlon
a~ tha planl. ,p,c"'e.tlon" .nd rtOUlrfftfnt. 0' th, contr.ct.
7. IIneth,r th, Contrlctor n,gotl.t.d In 000d f.lth with Inter'lt'd D8C.. not
rejecting Deh It UIIClUIllfltd without '0UIld rlUonl bllld on I tllorOl/911
(nv'ltlg.tlon 0' th,lr c'etbllltl"1
I. \/n'th,r th' Contr.ctor med, "'ort. to ...I.t Int,r..t'd 08Ct In
COtllnlng ~Ing, IIntl 0' cr'dlt. or Inlur.nc, r'qulr'd by th,
Contr.ctorl .nd
9. lIn'th,r th, Contr.ctor "',ctlv.ly Ut.d th, ..rvlc'l 0' .v.llabl,
~Inorlty community orgonlz.tlontl minority contr.ctor.' grouPll lOCal,
ttot,. .nd ',aer.1 ~Inorlty but In',. '1llltanc, O"'C'II 'nd oth,r
orOlnlz.tlon. that provide o..lltanc, In th, r,crultment and plactmfnt 0'
DOCs.
8100m IIlIO ,.11 to dtmOl\.tr.t. 'ufflcl,nt realonabl, POlltlv, ,"ortl moy be
C,cl.rea to b' In,llglbl. to b, oword.d th, contract.
,
.
< .
Nfo
>., .. ".;'- ',. - .,__ A ",.~.. .,. ,j.,...,. :,.,. ,_",_,",,,
.-
-
'co
,-
i:I:
I~
!
I
I
,
I
I
I
I
I....
{
ITo Dt ~'N W All Oiddtll '* IIIe Clllltftl ConIIKI I'toot\lolll
TO\III. ,1QUlttd, III 01"' 101 youf ~ 10 III COIIIldtIN "IpoIIlitt. 10 pi""" IIIe 1Ill00IN'IOII 0111/1I1 '0111I """1nO youf ~I" tltdlOI W- 0"""'.. rlllllpl'''I cOIIlICII
....11 11'10/ 10 youf'" "*""110/I Tllil IIllOIINIIOI\ II ~IIO '"I,~.1IOII1/Id cOIIIwIN11OII
1ft... MIll II II fI'lIlIlifttd 1/II.1IIe ~ltf tltdlOI W_......" Illltfpll..I OIl" ...lIOIlN~ I/IIn ..1010 ""dI/l9l11e COlllIK.1IIe CoII\IIC\IIl9 AutIlOIllY rillNII .lItlllllllN.1OI\
1110 Il!IIIIlII OIllOllllO .".,tftl \lICClllhA lOw ~ lIII4I told 111\II.110I1110 Millie goall.
NOTII T". CoII\IK'", AII4I\OI1It rilllOlllOlI' roo- ICCotMIIlC1 01 VII 01 I lOw qIIOll 01 ~ 1I0l11 I 1IOI\'1oIlIloIttt ...,., _W- IMIIlIII rll\Ofl'flll 0111/11 \VIlcOlll'1C11ltoIl
III'11f11lcO II..M 01 ...., ltc, II ,....... .'101I10 ..... 1/ll1MOI.' MfIOt W_ 0v\IM" llllflpll.. goal' 011 WI plojtcl. ,......,. IYIIf 1.14111/1III III IN4IIlo IOIoCIl qIIOl"
01 WI 011 It IN!If t*OII\IK..llIt _I It 11I<<111'" II Klllttlllle 1tlHll\lllcl goat.. III 1oI0llWDl'l quot. II VI" IIlI11e "" M 1111"",," I/llIIIlO tWill 'IIN .... III "'" II
I MeI/lllKIOI. '1I1!If C.......II'II II CI/III/lII""lllIt COIlI/KI ,,0tl1lOll III plOC",",1I1o 1oIIool.
TAOLI! 0' IN'ORMATION 81l0WING DIDDl!n'8 PR!.DID
MINORITY AND/OR WOMEN DUSIIIE8S ENTERPRISE CONTACTS
QuolOI nlCohtd
y.1I
/10
n I:' CI (I EI
,..,_ 'III
C""ICIOI
t'lDtM"---.--...
MIIIORITY ANDIOR WOMEN DUSIN!81l!tITERPRl81!
PRE.DID CONTACT INFDRMATlOII
CNIy
XlCltf
~
,
:"
Ir
!
1101
01
WOI
01111
CoII\K'"
01'"
y.1I
110
.
SukOlllIICIOf
I'
.._""-,,
1'0011
I
~
.---
0u0l1l1Oll UUclIn Oiel
DoIM MIL PropoMd
10 Ilt lullCOIII/IC.N
i
I
i
I
.
I !
'aW"lf -' ".,.,,'''M IuMOIIIIIC.d.. 111111I11II1 ,,"Icll
UII....I.' \lIIIII 10 "I*IIIIIKI.II;
'111I..."....UlIl ".,...'10 '.IUHOIIIIKltdll WDlIIIIIIII ,"I1111
UIIII""I ~, """1 II" luHOIIIIll'IlI;
"""'fl'."""~ ..t1.,h."I4,U",,"'~"
I. "."........,~...,...
,,-
: I)lb
n ,:' 0 q q
IY\ !~
,I
,
RESOI.UHOH MJ.-i1:119
RtSOl.UJlON AllARDIIII CONtRACI N& MJlltolIlZIMJ MVOR 10 SION AND
cm CURK 10 AmOI CONlRACI rOll 111[ COIIITRUClIDN
or 111[ 1000A 1lI00IVAY ,I MtOT 1IlPll000II[NI PROJECI
IIIlREA!I, Str.b Con.tructlon COlp.ny. Inc. 01 10wI City, 10wI, hn subll tI.d the
b"t bid 0' 1419,4".75 'or the contructlon 0' the IbOVI"nll.d prol.ct.
lilli, IIt1:RErORE, It n RESOLVl:D BY IIIE cm COUN:ILI
I. Th.t the contrlct for the con.tructlon of the .bov.-nl..d proloct
II h.r.by .w.rd.d to str.b Con.tructlon Co,plny. Inc. of low. City.
low., .ubl.ct to the condition thlt .w.rd.. ..cur. .d.qu.t.
p.r'or.lnc. bond, In.ur.nc. c.rtlflclt.., .nd contr.ct co.pll.nc.
proQr.. .t.t...nt..
2. Ihlt the "Iyor I. h.r.by .uthorll.d to .19n .nd the City CI.rk to
.tt..t the contrACt for the con.tructlon of the .bov."nlnd prol.ct.
.ubl.ct to the 'condltlon thlt ,wlrd" ..cur. .d.qUAt. p.rfor..nc.
bond. Inur.nc. c.rtlflClt". .nd contrACt co.plhnct pr09r..
.htllonll.
It WII .ov.d by IIorOll1t1 .nd ..cond.d by Ambrhco thlt
the r"oluUon n r'ld b. .dopt.d, .nd upon roll cllI th.r. w.r..
miL IilliL ABSENlI
...l- _ _ A.brhco
...l- _ _ Courtn.y
...l- _ _ Horowltl
..L _ _ Kubby
..L _ _ Lar.on
..L _ _ "cDon.ld
..L _ _ Novick
P....d And .pprov.d thh JQ.lli.. d.y of AURult
1991.
-
AmSI. 7J/..,;f(,;~
C1iYCLERK
/qt//
it
t~1 I:' I [I [I
,I
I
ADvtATI5[M[NT '011 liDS
IllOHWAY I wm 'AW/O
IMfIIOvtM[NTS PAOJrCT
Sultd plO9OIII1 w. b. rlC....t1l by .,.. CIty C1t,t 01 .,..
C'IY ot low. Oly.IowI.1t111 10:30 A.M, on .,.. I 31h dlY or
AI/9IlII. I"".t'd~ned Immadotlltr "",ullllby \lltClly
l/lolnetl. PtOPOlIls wil bt 1C1t1l1.()Oll W .,.. C,lY CO\IflClI
III mttllr4 10 b. 11I14 In.,.. COI.f'(~ ClItmbIlltl 7:30 P,M,
on AUQIIII 20. 1111.01 IllucII 11111 \IIlIt trd plac. ..may
\IlttIbe 1111d.
TIlt work Will consJn 0' PCC P'vtmtnl wldlnir<Q 10 .dd
Itlll\tn IIntl 110m ClrOlllt' MoIOlIII OlcNld SU.111I'd
d 1ncIIId. \lit loIowlr4:
s.oOO lQUl11 Ylldl COllCIIII rllllO'ill, 7.200 IQlllft
yaldl PC COIlCIIII, '18 """1111 3&' dot. IICP.
'.330 CIAllc yaldl ballOW IlClvllion, .t'd IlIOC"I'
t1l work.
All wOIk 1110 bt doni In IlIIeI compWc' l'Illh \Ilt pltnl
II'd IptClliCIllonl pltPllld by A.cNtd A. 'Ollt, P.!.. c,ly
l/lolnItI ollowl Clly.Iow.. which IIIvl 1II11101or. bttn IP'
pI~1d by \lit Clly COI.f'(~, It'd "' on ,tit 101 ~ 11Im/.
NIIon In Iht Olfie. 01 \Ilt Clly CItlk.
Ynltnt'/II IIIIItnelII madl10 the 'SIIt'datd Spaclllel'
IlonI.' II lhII be \Ilt 'SIIt'dlld SPfClllClllonI '01 IItQhwlY
trd 1II1c10t ConlllUCllon.' SIIlel of m'.lal'll Dlp'l\manl
01 TrwPOIlllIon. Amu, low., pM CllllnllPlCiII plov!.
IIonI .t'd 1upp!.m.,lIlt Ipocl'iClllonI.
[1dI pltpOlIllN. bt compltlt1l on . 101m IUlrilhtd by
the City .t'd /nUll bt ICComp,nltd In . mlt1l .INllopo,
"PII'" "OIn 111I one Conlllning 111I plopGlIl, by tilhot 01
111I lolIol'Ilng 101m. 01 bid IICUlIIy: III. uniflld 01
mN.r'. thick d1lwn on . lOIv.nllow. b.,.. 01 I b,'"
cNl1111d UIldI'IIll Ill'll 01 \Ilt Urilt1l 51.111 01 I c.nj'led
11II" dllll cIIlwn on . crt1l'1 UIllon In low. 01 chtno"d
UIIdtf \lit Iawl 01 \Ilt Unilt1l 511111. In In 11IIOIII1 equal 10
lO~ 01 the bld. Of 121. bid bondOllClIled by I COlpolll1on
.lIlhoritt1llo Conl/ICI II I IUltly In \Ilt 51111 0' Iowl. In.
poNlIUlR 01 I O~ 01 \Ilt bid. Till bid 11CUI11y 11II. be mad.
Ply.bIe 10 \lit T/llASUfI[R OF TII[ CITY Of temA CITY,
toWA, II'd "". bt lor'llltd 10 the City 01 Iowl Clly II
5ql.ida11d dllNouln the tv.nl the IUCClll11A blddll Itil.IO
tnllt Inlo . conlllCI l'Il\IIIn IIn 1101 dlYI.t'd POll bond
1I~"1C101Y 10 111I City InlUlIng \Ilt 't/I/I"A por'OIIIlInC' 01
the conlllCI .t'd malnloNnco 01 1114 WOft, II IIqullod,
putl"'nl 10 \Ilt plovlllont 01 \11I1 nolle. .t'd lilt Clllll
conI/tel docurnenll. Checkl 01 the lowtll two 01 11IOI.
blddltlmay be 1lIIlned 101. porlod 0' nollo mild Ij""n
1111 d'YIIt1I~ I conlllCIII.WlIdld Of IIjlCllon II ,."dl.
DIht, choch will bt IIIUlned 11111 .,.. "INIll .t'd llbuI.,
lion 01 bleIlll compllled .t'd "poI\ed 10111I City COI11C~.
P.ymanllo 111I ConlllCloI will bt m.dlll IptCillod In 1110
'Sltndlld Spaclllelllonl,' Miele 1109,01.
TIlt luccllIllA blddfl will bo IIqulled 10 IUlnllIl1 bond In
.n .1llOIMl1 tqutl 10 one hU/ldlld pclunl 11 00'1 01 1110
conlrlcl pile.. Itld bat'd 10 b.llIUld by. rllpolllibl. l\tolY
,pplov.d by lilt Clly COI.f'(~ .t'd 111I. OUlllnllll11o plompl
plymtnl olin m'IIIItII It'd IlbaI It'd ptotlcl .t'd ..V.
IIIrmltll \110 Clly 110m clllml .t'd dlm'OOI 01 .ny k1t'd
etulod by lilt oporllion 01 1110 conllle.. .t'd IlIIn ,110
OUlllnlO. the mllnllllll'iC' 011110 lmp/ovlmlnllOf . period
Af.'
J~~/
n 1:1 I [I . I
ollWO 121 YIIIIII I,OIn Ind 1111'111 CompllllOlllnd ICClII'
llnel by the C'!y.
The lolIoVlinO """lIlionl Wi IPpIy 10 \IlI1 P/ojICI:
WOI\ltlQ Dm: .5
Compllllon Dill: Novlmbt'l&. 1881
Uquidllld 01""811: 1300 PI' dlY
The plJl\l, IPlClliC'ilont Ind p/opolld Conlllel doc~nU
/lilY be IIImlntd II \he olliel ollhe CllY eft!\. COP/II of
11141 p1,nllnd Ipacitie"lont Ind 101m 01 P/Q90111 bbnkl
/Illy be Iw.d Illhe Ollie. 01 Ric"'rd A. FOil.. P,t. Clly
[nglntll ollowl Cl!y,lowl. by boN 11411 blcI4l/'.
A 12D nOM"und,b1e IIIII leql.l'1d 101 IIch III 01 plJlII
Ind IpacJf(lIlont. The IlIwn be III \he 101m 01 I check
/IIIdl plYlble 10 \he City 01 low, C'!y, Iowl.
PrOIPtCIIv. blddlll III Idvllld 1"'1 \he Clly ollowl CI!y
dll~1I10 Imploy minOIi!y COIIIIICIOIllnd lubconUICIOII on
CI!y P/ojICIl.
8lddtrl wn ill on lhe FOIm 01 PrQ90ut lhe NIlIII 01
PlflOIII, I_mi. camplnill. 01 Olhtl parllll 10 whom IIII
IIlUnded 10 Inll/lnlO e lubconlllCI. The ill w. Incllldl
lhe !YPl 01 wOfk Ind Ipp/o.illlllllubconIlICII/ll4MI.
The ConlflCIOIlwllded lhe conllICII"'" lubmlll hI on
lhe 'OIm 01 Conlllcl 01 the p/opoud lubconlllCIOIll1ono
with quanlilltl. ~I p/ICI.lnd 1.I.ndld don" I/ll4MU. II
no minOIlty bUllne.. .nll/prlm IMDE! ell Illilind, lhe
Conl'ICloI Ihln lurnllh dOCUln.nlllion ole. "'011110 IIclIlil
MDE'I.
A hllng 01 mlnotity ContflCIOf.ls eVIU,bll Ind can be
oblllntd I,om the CIv~ AighU SpoclaUll II the Iowe City
Civic Clnll/ by caning 319/3&5-5022.
8, vlttue 01 lllMOIy IlllhOllty. plll."nee will be glv.n 10
p/oducu IncI p/ovlllonl glown end COil p/oducld wllhIn lhe
Sill. 01 10VlI. Ind 10 low. domllllc Iabet, 10 lhe "'Inl
IaVlI~ IIql.l'ld undOl JOWl Slllulll. The low.lltclplOC,t
Prll.llnee ACI ISF 21801 Ippllll 10 lhe conlllCI with
llIPOCllO b1ddoll who .11 nol JOWl ,"ld.nU.
The City rlltlVII lho rlghllo "locl.ny Of In plOPOllIs
Ind 10 wllvl IIChnlCI~1I1l end ~"8u1111111l.
I'IIblIlhed upon OIdor ollhe Clly CouncU 01 low. City,
low..
.'
I
MARIAN K. KAM. CITY CLERK
A'.2
/'1'1/
1\
n 1:1 I CI e
n'~C)
.\
t
RUOlUIION Nl. 91-220
-
RtSOlUJlON ftWNlDJNl COHIAACI Nf1/lUlllOII'l'IGIII\YOff TO SIGH ^'"
CITY ClEAK 10 Mlm CllHTAACf fOff "I[ ClHIlllUCIIOH
Of' "I[ o"nNlD C[tu:TERY RtlftlNllllIIAlL R(llAllllTAJlON PROJECI
1IlIAEftS, "cCO....lACln. Conllrucllon COlp.ny. Inc. of low. City. 10M', h..
lub.lll.d Ih. b.II bid of '111,4'~.Z7 for Ih. conllrucllon of Ih. Ibov.-n~..d
proltc t.
NllI. "I:RtFORt. II: II RtSOlVE:D 8Y "I[ cm COUN:lll
I. Th.t Ih. conlrlcl for Ih. con,trucllon of th. Ibov"n~..d proj.ct
II h.r.by ~M.,d.d to "cCo....Llclu Conllructlon COlp~ny, Inc. of
10vI City, 10VI, lubJtcl 10 th. condlllon th~t ~v.rd.. IIcur.
.d.qullt p.rfor..ntt bond, Inlur~ntt ttrtlflul", .nd contrACt
co.pll.ne. pr09r~. II~I'I.nll.
2. fh.t Ih. "'10r II h.r.by lulhorll.d 10 1I9n ~nd Ih. City CI.rk to
IU"t Ih. eontrlct for th. conltructlon of Ih. 'bov..n...d proSlCt.
lubj.cl 10 th. condlllon th~1 .v.rd.. I.eur. .d.quII. p.rfor'~ne.
bond. Inlur.ne. c.rllflcltll. Ind contr.et co.pll.nc. pr09r~1
Itlt...nll.
I I VAl lov.d by Novick Ind IIcond.d by 1I0rovltl .
Ih. r.,olullon .1 r'ld b. .dopl.d, .nd upon roll clll Ih.r. v.r'l
Ih~t
mIL tmh ABSENT!
.L _ _ Albrlleo
L _ _ Courln.y
L. _ _"orovltl
L__Kubby
L _ _ Llrlon
L _ _ "cDould
L__Novlck
PAllid .nd .pprov.d IhlI ~ dl1 of AUKult 1991.
ATTEST! JJ/4~,J Y!. Al-wL
CMY CLERK
City Attorn.y', p~.fJ.tt
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~DVERnSEI.IENJ FORBIDS
OAKlAND CEMETERY RETAlNl/jQ WALL
REHABILITATION PROJECT
sla/1d pIOpOlllllril be ractlYod by dIt CIy Cltill 01 dIt Cfy
0I1ow1 CIy,Iow.. \HllllIO:30 AM. 011 dIt 13th day 01 Aug\III.
'"I,andoptnld lmtdllll~I,*11lI1I by 1II1 CIy E/lg"ltI.
I'ropotllld be ectld upon by lilt Ci'f Cound III mtllilg
10 be /ltld In lilt CovncI Chubarl II 7:30 P.M. Oft Augull20,
1"1, Ot IlIIlCh 1I1111mllt'd p/Ict u mlY 1hIn be bid,
TIlt llOIIld/nYOtYt lilt 1oIonlg:
RtIllOYIl 01 poIIlona 01 dotlrklllld CIOIlCIIIllIlIWng
lid and lIIl/IIlrucIlon 01 t.w IlIW wdl: r high 1200'
and e' h~ I 17e' It'd OIhIr ulOdllld IIld /ncijlntll
"/III 01 lllMlrucIioft 101 lilt OMlJnd Clmlltfy
Rlla/nltlg Wd RIIWliiIIlIon Proloa Ib/lg Nof1h
Oovtmor SUlllln lilt Cfy 0I1ow1 CIy,
~ llOIIllIIII be done In IIIIcl complIIlcl wlh thl pIw Illd
lpICilIcIllona pllplltd by Ntffl,lnc. 0I1ow1 CIy,Iow.. whlcll
hlYl htlllOlorl be,n IppIOWd by lha CIy CoIlnci~ IIld III Oft
lit 101 publ'c 'lamNllon In th, 0IfIct 0I1II1 CIly CIIIk.
\\11lnl\''' ,111111'(,11 mid. III 1II1'SIIIldlld 6pacfClllolII:
'lhiII be 1II. 'SIIlldlld Sptcliclllona IoIII~hway IIld Btldgt
CoIIIlrucIlon,' SINI 01 IU4, Iowa DtpwII/ll 01 TrllllpOl1.l'
lion, Am.., low.. p~ cvn'nllptelal plMbn, Illd I~'
/IIInla/ lpICif'allOftI.
Each flIOIlOlll WI be compIllld Oft alorm IIlrNlhId by IIie
CIly and 11IIII1 be lIXOmpanJIC/ h a lIaIod ,nvlbpt,llplllll
110m IhI 0IIt conUInIng 1II1 propolll, by tIlhlr 01 thllolowYlg
10111II 01 blhlClllly: (I) a CtIlit'IId orwhltfl chldldrllYnOft
llONtnllowa bri or. blllk chII1l1ld Undl' 1II11m 0I11ie
Unlld SIIIII or . clrtllld 11I111 drill drllYn Oft I CI~ lMllon
In Iowl or chII1l1td lXldlllllt 1m 01 lilt Unlld SIII'I,/n III
IIlIOUnllqul/ 10 10% 0I1h1 bil, or (2) I bll bond mcvtld by
I COIpOIllbn luthorfztd 10 CIOfIItK1 u llU"ly In IhI SIIII 01
low.. In . peWlum 0110% oIthl bll. The bid IICUItf Ihd
be madl paylblllo thl TREASURER OF THE CllY Of IOWA
CIlY, IOWA, and Ihd be IorIlltd III lha CIly 0I1ow1 CIy II
lIqullllld dlllllOllln Ihll....nelllt IUCCtIlILA bWII 1111110
In'" Into . conIrlCl wlhln I,n (10) day, IIld poIt bord
IIlWlClory 10 thl CIy Inllllng IIie IllhflA perfOtmlllCt oIthl
COtIIIK111ld mUltlnlllCt 011111 wM,1 rlqukld, pullullllto
Ihl ptOVIIlona 01 thll noclel and thl olhtr conllK1 documlnlt.
Chtcb oIthllowlll t1VO or 11IOI1 bIdda" IIIIY be IIIIlntd lor
. parled 01 IlOIlo mild rltlln (15) dlYI unll. COIlUK111
IWIldtd or "jocIbn II midi. Othtr chtcb wl1 b, "turntd
11111 thl ClllVUI Illd llbulatioft 01 bill II compIlltd Illd
"portld 10 IhI CIy Council.
PlymtnllO lht CorltrlCtold bl midi u lpeclltd In IhI
'Sllndlld Sptcllcllklnt: Miele ItDO,oe.
Th'luccllllul bWII wil bl raquktd 10 lurnlth I bold In In
amounllqua/ to Oftl hundrld pllClnl(IOO%) 01 thl centrlCl
prlel, ..Id bond to be IlIuld by I rllpOnllllt IU"ly tpprovtd
by thl CIy CoIlnclll'ol/ Ihll gUIIIIlI.. thl prompl pl,mlnl 01
., mlllrlllland IIbor and prolect and II.... hlnnlllllhl CIy
110m clamlllld dlmagtl 01 any k.WId ClUlld by thl OpIIllioft
01 thl conI/let, Ind IlItn alto gUlllnl.. Ihl mllnllnll'(l 01 IhI
Impnlvlmlnl lOt . pellod 01 fIv, (5) yur(l) Irom Ind 1111' ..
compllllon and ICCIpllllCl by the CIly.
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The loIoIIYIo hhlON I!IIJ ~ 10 lIIII pIOjI(t:
~ DIY': 40
CoIr,lallonlltl.: SapltmbIr',IHI
L~ 01/1IIO": UOO ptI d"
Tht pIw. tpdc.llioftIlIId pIOpOttcl ClCllltId documInlI
!Nt be '11InNd II fit ore. olIN Cfy CIetl CopIaloll'"
paw rei I9d'CIIIone It'd 101m 01 pIOpOIlI bIria mI'f be
NCltId II fit OlI'e. 01 RdIMl A. FoaM, P.E., c.y EIlOMtI
01.1 c.y, ., by boN rdt bWttL
A IN IlOlHtIIMldIbII ,.. It .td lor 11(1\ III 01 plw
rei 19d'~ The 1M tIItII bt II lilt Iotm 01 I c/Ied\
INdt plJlblt 10 lilt c.y 0I1ow1 Clt,IowL
~ bWttt 1/1 tcMtId ~ 1Ilt ce, 01.1 c.y
dtP" 10 ~ mi'lCltty coNldll/l1lld 11bconlI1dOI1 011
Clt ptOjtcIa.
8WtII tlllllIl 011 fit Ferm 01 Plcpctlllllt lIIIlIIl 01
ptIIOIlI, I'fllII. ~ 0/ odltr plllltl 10 whom . It
INIIldtd 10 11'II1/ Inlo I ~Id. Tht III I!ld ~11IIt
trPt 0I_1Ild '9P'01~1 11.tIalrlt1Cl1lllM.
TheConltIdot hlldtdlht _lCllhd 1Wnll111l 0Il1ht
rOlltl 01 ConncI 01 fit pIlIIlOItcll~1ClOII along will
qvI/IIIltt, ur.- ptIc" IIld ultlldtd doIIt IIIlOUIlII. . no
m/noIty boAlMtlll'lllfP/lt-tUOE) lit IAIltcl,1Ilt CoIlltIdO/
tIIII urHII tIocIilmtlllJlbn 0111 tIlOll11O IICM MBE'..
A ItItt 01 mi'lCltty CIlt'IrIdolI II lvabliIl IIld can be
*INd 110m lilt CM ~ ~llllht.1 c.y CMIl
CtrAII by uftoo " we.aon.
lit WM 0I111M01y 1lAIioIty, prtl.llne. wit be O~Il lO
ptoductt IIld ptM/oN QfVIIlII/ld coli pllldvcld wlHn III.
SIll. oIlotr,1Ild 10.1 donIlalo lIbot,lO \hi IlllllllIwfuIy
I~ Itdl/ Iotrl SIJlIAH. 'Tht Iowl RtcIptocaI PtIIttlllCl
AdllF 21101.110 fit _1Cl-'h IllpICllO bWI"
llIio ..1lOI1otr1 Itlll_
The c.y flI1MI1Ilt rtgIC 10 Itltcll/lf 0/ II ptlIIlOIaIt IIld
10 11M ItdInalIltl rei nIQ'MltL
t'IAlIIlIId UlIO" Old. 01 fit Cit COIMlCil 0I1ow1 City, IowL
IoWIWl K. KARR, CITY CLERK
....rd
AF.2
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