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Home My WebLink About2006-08-22 Public hearing NOTICE OF PUBLIC HEARING Notice is hereby given that a public hearing will be held by the City Council of Iowa City, Iowa, at 7:00 p.m. on the 1st day of August, 2006, in Emma J. Harvat Hall, City Hall, 410 E. Washington Street, Iowa City, Iowa, or if said meeting is cancelled, at the next meeting of the City Council thereafter as posted by the City Clerk; at which hearing the Council will consider: ) 1. An ordinance conditionally rezoning 2.83 acres of property located at 4435/4455 Melrose Avenue from Neighborhood Public (P-1) Zone to Neighborhood Public 1 Low Density Multi-Family Residential (P-1/RM-12) Zone. (REZ06-00001) 2. An ordinance rezoning 2.32-acres of land located at 2401 Scott Boulevard from General Industrial (1-1) to Neighborhood Public (P-1) with an overlay zone of Intensive Commercial (CI-1) (REZ06-00016) 3. An ordinance amending Title 14, Zoning Code, Subsection 4E-8C, Nonconforming Signs, to allow for reconstruction of a nonconforming sign by special exception. Copies of the proposed ordinances are On file for public examination in the office of the City Clerk, City Hall, Iowa City, Iowa. Persons wishing to make their views known for Council consideration are encouraged to appear at the above- mentioned time and place. MARIAN K. KARR, CITY CLERK Sharedfpcdlpublichearing ~ ~ ('i J ~p t! I :J- d-- s-~ Publish 8/7 NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $3,400,000 GENERAL OBLIGATION REFUNDING CAPITAL LOAN NOTES, SERIES 2006C (FOR AN ESSENTIAL CORPORATE PURPOSE) AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the Council of the City ofIowa City, Iowa, will hold a public hearing on the 22nd day of August, 2006, at 7:00 o'clock P.M., in the Emma J. Harvat Hall, City Hall, Iowa City, Iowa, at which meeting the Council proposes to take additional action for the authorization of a Loan Agreement and the issuance of not to exceed $3,400,000 General Obligation Refunding Capital Loan Notes, Series 2006C, for an essential corporate purpose of the City, in order to pay costs of the refunding of outstanding general obligation indebtedness of the City. Principal and interest on the proposed Loan Agreement will be payable from the Debt Service Fund. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City, to the above action. After all objections have been received and considered, the Council will at this meeting or at any adjournment thereof, take additional action for the authorization of a Loan Agreement and the issuance of Notes to evidence the obligation of the City thereunder or will abandon the proposal. This Notice is given by order of the Council ofIowa City, Iowa, as provided by Sections 384.24, 384.24A and 384.25 of the City Code ofIowa, as amended. Dated this 7th day of August, 2006. Marian K. Karr City Clerk ofIowa City, Iowa (End of Notice) M~ Angll!=tt" ?? ,2006 The City Council ofIowa City, Iowa, met in Harvat Hall, City Hall, Iowa City, Iowa, at 7: 00 There were present Mayor Wilbutn named Council Members: re\!,ular session, in the Emma J. o'clock L.M., on the above date. , in the chair, and the following Bailey, Champion, Correia, Elliott, O'Donnell, Vanderhoef. Wilburn Absent: None * * * * * * * * -1- This being the time and place for the opening of bids for the sale of not to exceed $3,400,000 General Obligation Refunding Capital Loan Notes, Series 2006C, the meeting was opened for the receipt of bids for the notes. Sealed bids were filed and listed in the minutes while unopened, as follows: Name & Address of Bidders: NIC($) TIR(%) UMB Bank, n.a. Kansas City, MO. 712,538.88 3.7720 Piper Jaffray & Co. Kansas City, MO. 724,570.04 3.7993 Harri s, N.A. Chicago, Il. 717,612.11 3.8017 Natcity Investments, Inc. Cleveland, OH. 726,983.56 3.8164 First Trust Portfolios, L.P. Lisle, Il. 732,825.69 3.8493 Griffin, Kubik, Stephens, & Thompson, Inc. Chi cago, I l. 733,736.36 3.8746 Whereupon, the Clerk declared the sealed bids be opened. The sealed bids were opened and the best sealed bid was as follows: Name & Address of Bidder: UMB Bank, n.a. of Kansas Citv, Missouri NetInterest Cost: $ 712,538.88 True Interest Rate: 3.7720 % Whereupon, all bids were referred to the Council for action in accordance with the Notice of Sale. -2- The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the authorization of a Loan Agreement and the issuance of not to exceed $3,400,000 General Obligation Capital Loan Notes, Series 2006C, in order to provide funds to pay costs of the refunding of outstanding general obligation indebtedness of the City, an essential corporate purpose, and that notice of the proposed action by the Council to institute proceedings for the authorization of the Loan Agreement and the issuance of the Notes, had been published pursuant to the provisions of Sections 384.24, 384.24A and 384.25 of the City Code ofIowa, as amended. The Mayor then asked the Clerk whether any written objections had been filed by any city resident or property owner to the proposal. The Clerk advised the Mayor and the Council that no written objections had been filed. The Mayor then called for oral objections to the proposal and none were made. Whereupon, the Mayor declared the time for receiving oral and written objections to be closed. (Attach here a summary of objections received or made, if any) -3- \~ Publish 8/7 NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF IOWA CITY, IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $10,000,000 SEWER REVENUE REFUNDING BONDS, SUBORDINATE SERIES 2006, OF SAID CITY, AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City ofIowa City, Iowa, will hold a public hearing on the 22nd day of August, 2006, at 7:00 o'clock P.M., in the Emma J. Harvat Hall, City Hall, in Iowa City, Iowa, at which meeting the City Council proposes to take additional action for the issuance of not to exceed $10,000,000 Sewer Revenue Refunding Bonds, Subordinate Series 2006, of said City. Said bonds will not constitute general obligations or be payable in any manner by taxation, but will be payable from and secured by the net revenues of the Municipal Sanitary Sewer Utility. Said bonds are proposed to be issued for the purpose of paying costs of the refunding of a portion of the outstanding sewer revenue obligations of the City. At the above meeting oral or written objections from any resident or property owner of said City to the above action shall be received. After all objections have been received and considered, the Council will at said meeting or at any adjournment thereof, take additional action for the issuance of said bonds or will abandon the proposal to issue said bonds. This notice is given by order of said governing body as provided by Section 384.83 of the City Code ofIowa. Dated this 7th day of August, 2006. Marian K. Karr City Clerk ofIowa City, Iowa (End of Notice) M+8 August 22 ,2006 The City Council ofIowa City, Iowa, met in Harvat Hall, City Hall, Iowa City, Iowa, at 7: 00 There were present Mayor Wilburn named Council Members: regular session, in the Emma J. o'clock L.M., on the above date. , in the chair, and the following Bailey, Champion, Correia,. Elliott. O'Donnell. Vanderhoef. Wilburn Absent: None ******* -1- The presiding officer announced that this was the time and place for the public hearing and meeting on the matter ofthe issuance of not to exceed $10,000,000 Sewer Revenue Refunding Bonds, Subordinate Series 2006, of said City, in order to provide funds to pay costs ofthe refunding of a portion of the outstanding sewer revenue obligations of the City, and that notice of the proposed action to institute proceedings for the issuance of said bonds, had been published pursuant to the provisions of Section 384.83 of the City Code ofIowa. Inquiry was made whether any written objections had been filed by any resident or property owner of the City to the issuance of said bonds by the City. The Clerk stated that no written objections had been filed. Oral objections to the issuance of said bonds were then called for and received and none were made. Whereupon, the presiding officer declared the time for receiving oral and written objections to be closed. (Attach here a summary of objections received or made, if any) -2-