HomeMy WebLinkAbout1989-11-21 CorrespondenceS 1.
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WAIVER OF NOTICE AND CALL OF SPECIAL
i MEETING
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THE UNDERSIGNED, Mayor and COuncilpersons, being a]1
tfie members of the City Council of Iowa City, Iowa, and all
being'
present at a special meeting of the City Council held
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at 7:30 o'clock,P.M., on the 21st day of November
� 1989
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in the Cnunril
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Chamber s at the Civic Center in Iowa
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City, Iowa, do hereby waive any and all requirements of the
of a
calling special meeting, � g, Pursuant to the Ordinances
and Resolutions of the City of Iowa City, as to
notice, of time'
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and place of the':meeting and do he
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consent to the holding
of said special meeting for the
purpose.of
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See attsubed agenda
Dated this 21st day ofNovember_ 89,.
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Ambrisy
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B mer
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Darrel Courtney
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usan Horowitz
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Kare Kub
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n y Larso
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John McDona
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^0G-rRACT OF ELECTION —
JOHNSON COUNTY, IOWA
CITY OF IOWA CITY
REGULAR CITY ELECTION
November 7, 1989
IT IS HEREBY CERTIFIED THAT, on the 13th day of November,
A.D. 1989, the undersigned, Robert Burns,. Chairperson; Charles
Duffy,Patricia Meade and Dick Myers met as a Board of Canvass-
ers, as provided by law, in Iowa City in Johnson County, Iowa,
and canvassed the election returns from all the voting precincts
in said County, for votes cast at the election held therein on
the 7th day of November, A.D., 1989, for each office on the
ballot the result of said canvass being as follows:
FOR THE OFFICE OF Council Member, District B (ONE to be.elected)
There were eight thousand one hundred eighty-five (8,185). votes
cast of which DARREL G. COURTNEY had four thousand seven hundred
eleven (4,711) votes, RICK GRAF had three thousand four hundred
forty-eight (3,448) votes and SCATTERED votes were twenty-six
(26); and DARREL G. COURTNEY was elected.
FOR THE OFFICE OF Council Member At -Large (TWOto:be elected)
There were fourteen thousand one. hundred thirty-five (14,135)'
votes cast of which JOE SOLKCOM. had four. thousand two hundred:'t
sixty-two :(4,262).votes, JOHN MCDONALD had fivethousand two
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hundred -seventy: two (5,272) votes, NAOMI J., NOVICK`had, four
thousand five hundred fifty-six (4,556) votes and SCATTERED' votes'
were forty-five (45); and JOHN MCDONALD and NAOMI J. NOVICK were
elected.
.FOR PUBLIC MEASURE "K' (Simple Majority)
Shall the action of the City Council of Iowa City chang-
ing the Comprehensive Plan Land Use Classification for a
28 acre tract of land along Highway I West, north and
west of the Iowa City Municipal Airport,. from Industrial
to General Commercial be reversed?
There were eight thousand six hundred twenty-nine (8,629) ballots
cast of which three thousand nine hundred 'fifty-eight (3,958)
ballots were FOR the proposition and four thousand six hundred
'seventy-one (4,671) ballots were AGAINST the proposition.
The proposition was declared to have FAILED.
WITNESS our signatures, this 13th day of November, A.D., 1989.'
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City of Iowa City
MEMORANDUM
Date: November 8, 1989
To: The Honorable Mayor and City Council
From: James Brachtel, Traffic Engineer
Re: Alley North of the 900 Block of East Market Street
As directed by Section 23-16 of the Municipal Code of Iowa City, this is to advise you of the
following action:
ACTION:
Pursuant to Section 23.143 of the Municipal Code of Iowa City, Iowa, the City Traffic Engineer
will direct removal of the signs designating the alley bounded by Market, Street, Governor
Street; Bloomington Street and UnionPlace as a one-way alley for eastbound traffic to be
removed. This removal of signs will restore the one-way alley operation to two-way operation.'
This action will be taken on or shortly after on 22 November 1989.
COMMENT:
This one block of the alley was designated as a one-way alley In the summer of 1980. The
designation was made after. completion of a postcard survey of the affected residents.
Recently a resident of the neighborhood' had come forward and requested that the City
consider restoring the alley to two-way operation. A second postcard survey was conducted,
and 15 questionnaires were distributed to the affected residents. Eleven of the residents chose
to respond. Six of the responding residents approved the restoration to the two-way operation.
Based upon this consensus of the responding residents, the action as noted above will be
taken.
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Iowa City, City. Council -;
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,,. City of Iowa city
410 East Washington Street
Iowa City,, Iowa :52240
Re: Public Hearing on an Ordinance Amending Chapter 4
if T ��Yxy lYd.
of the Code of Ordinances of the City of Iowa
city, Iowa,, Entitled "Airports and Aviation,".By
Repealing Article'V Thereof;Entitled "Airport
Zoning," and By, Enacting in Lieu .Thereof Article
M sN'
V, "Airport Zoning," as Amended, Which Amendments
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Provide for the Rearrangement and Renumbering of
Sections, Provide for a Revised' Airport Zoning
Map, Provide for Provisional Modification of
Height and Use Limitations, and Clarifies the Pro-
C
" vision Requiring Notification to the Federal Avia-rfu
t
tion Administration of Proposed Development
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I am writing this letter on behalf of West Side Co. As
you probably know, West Side Co. has filed a lawsuit against
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the City in connection with the current airport zoning. It
is my understanding that at least one of the purposes of the
d.
proposed ordinance is an attempt to resolve the outstanding
BARKER, CRUISE, KENNEDY, HOUGHTON &FOSTER
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lawsuits.against the City relating to the airport zoning. I
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hope that the ordinance accomplishes that.
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LAWYERS
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must object on behalf of West Side Co. to the proposed'ordi-
nance until such time that the engineering data is available
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for us to determine what effect the ordinance will have on
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West Side Park. As of yesterday, the revised airport zoning
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920 S. DUBUOUE STREET • P.O. BOX 2000
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CHARLES A. BARKER
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JOHN D. CRUISE
IOWA CITY, IOWA
AREA CODE 319 i
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MICHAEL W. KENNEDY
32244
TELEPHONE OSPBIBI
JAMES O. HOUGHTON
FAX 312.351-0505
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DAVIS L FOSTER
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VICKI B. HARRISON
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M. REBECCA sEIDL
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November 21, 1989
Iowa City, City. Council -;
,-
,,. City of Iowa city
410 East Washington Street
Iowa City,, Iowa :52240
Re: Public Hearing on an Ordinance Amending Chapter 4
if T ��Yxy lYd.
of the Code of Ordinances of the City of Iowa
city, Iowa,, Entitled "Airports and Aviation,".By
Repealing Article'V Thereof;Entitled "Airport
Zoning," and By, Enacting in Lieu .Thereof Article
M sN'
V, "Airport Zoning," as Amended, Which Amendments
R
••,
Provide for the Rearrangement and Renumbering of
Sections, Provide for a Revised' Airport Zoning
Map, Provide for Provisional Modification of
Height and Use Limitations, and Clarifies the Pro-
C
" vision Requiring Notification to the Federal Avia-rfu
tion Administration of Proposed Development
Dear Council Members: -
'd..
I am writing this letter on behalf of West Side Co. As
you probably know, West Side Co. has filed a lawsuit against
j
the City in connection with the current airport zoning. It
is my understanding that at least one of the purposes of the
proposed ordinance is an attempt to resolve the outstanding
lawsuits.against the City relating to the airport zoning. I
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hope that the ordinance accomplishes that.
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However, notwithstanding.the above, I believe that I
must object on behalf of West Side Co. to the proposed'ordi-
nance until such time that the engineering data is available
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for us to determine what effect the ordinance will have on
West Side Park. As of yesterday, the revised airport zoning
Iowa city .city Council
Page -2-
November 21, 1989
map was not available showing Runway 6. I believe this map
would be essential in determining the effect on the real
estate owned by West Side Co. It is my understanding that
the City has authorized MMS to put together the relevant "
engineering.data to determine the effect ofthe new zoning
ordinance on the properties affected thereby.' Until all of,
the information is put together so that West Side Co. can
determine the effect of the ordinance on its property,. I
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must object to the ordinance in order to preserve all rights
of West Side Co.
Please make this letter part of a public hearing
record. Thank you.
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Ver t ly yours,
- Ch
A. arker
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NOV 2 1 1989,
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Marian K. Karr, MY Dark
lows CK Iowa
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NOTICE OF MEETING OF THE COUNCIL OF THE CITY OF
IOWA CITY, IOWA ON THE MATTER OF THE PROPOSED
ISSUANCE OF $2,960,000 GENERAL OBIJGATION BONDS
(FOR AN ESSENTIAL CORPORATE PURPOSE) OF SAID CRY,
AND THE HEARING ON THE ISSUANCE THEREOF.
PUBLIC NOTICE Is hereby given that the Council of City of
Iowa City; Iowa, will hold a public hearing on the 21st day of
November,- 1989, at 4:30 o'clock. p.m., In the Council
Chambers, Choc Center, lava City, Iowa, at which meeting the
Council proposes to take additional action for the Issuance of
52,980,OOD General Obligation Bonds for an essential corporate
purpose of said City, in order to provide funds to pay costs of
acquisition, construction and equipping of sewage treatment
works. and facilities; improvement to existing City parks;
acquisition, construction, reconstruction and enlargement of
bridges and culverts; reconstruction and Improvement of
waterways for the protection of existing property and
Improvements within the City; and acquisition of real estate for
street Improvements.
";. At the above meeting, the Council shall receive oral or
written objections from any resident or property owner of said
u City, to the above action. After all objections have been
received and considered, the Council will at this meeting or at
`�- any: adjournmentthereof, take additional action for the
Issuance of said bonds or will abandon the proposal to Issue
said bonds.
rug .This notice Is given by order of the Council of Iowa City,
'` ... Iowa, as provided by Section 384.25 of the City Code of Iowa
Datedthis 14th dayof Nnvpmhpr ,1989.
MART
CITY CLERK OF IOWA CITY, IOWA
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PREBALE'ANALYSIS
$2.960,000.
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GENERAL OBLIGATION. 80ND8
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CITY OF IOWA CITY, IOWA
.:PROPOSED'. BALE DATE:
DECEMBER 12, 1989
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IA27.89A/9
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IW"" VY CONTENTS
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SUMMARY OF RECOMMENDATIONS
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PURPOSE OF SALE
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STRUCTURING OF THE BOND ISSUE
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BOOK -ENTRY SYSTEM
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TAX -EXEMPTION,
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QUALIFIED.TAX-EXEMPT OBLIGATION
RATING
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GENERAL MARKET CONDITIONS
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FINANCING SCHEDULE . . . . • • • • . • .
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EXHIBIT A - Preliminary Debt Service Schedule
- $2,960,000 General Obligation Bonds
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Exhibit B - The Bond Buys Is Index Graph
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Costs of Issuance
Discount Allowance
Total
�� 32,360
26,660
s2__i96D�000
STRUCTURING OF THE BOND ISSUE
Attached as Exhibit A is a debt schedule which shows the
principal and estimated interest payments for the bond
issue. The bonds have been structured to mature over a
period of ten years beginning on June 1, 1991, and ending
on .June ,1, 2000. Interest will be paid on a semiannual
basis beginning on June 1, 1990. The bonds have been
structured to provide approximately level principal pay-
ments.
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This structure provides for retirement of the debt in
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accordance with the City's policy of repaying its general
obligation -debt -over -a.period of. 1O. to 12.years in level
principal installments and reduces the interest cost of the
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issue. The City's policy of rapidly retiring, its debt in
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this manner is one reason it has been able to maintain its
"Aaa" bond rating.
STRUCTURING OF THE BOND ISSUE
Attached as Exhibit A is a debt schedule which shows the
principal and estimated interest payments for the bond
issue. The bonds have been structured to mature over a
period of ten years beginning on June 1, 1991, and ending
on .June ,1, 2000. Interest will be paid on a semiannual
basis beginning on June 1, 1990. The bonds have been
structured to provide approximately level principal pay-
ments.
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This structure provides for retirement of the debt in
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repayment of its debt. The bonds, will carry a call fear
j ture. This is designed to•improve the flexibility to the I ,
City in the repayment of debt: ,Bonds maturing in the years i
1998 to 2000 are callable at the option of the City on June
( 1, 1997, and semiannually thereafter. at a price of par and
accrued interest. Therefore, the City has the flexibility
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to :refund this issue in the future for the purpose of
restructuring debt of generating' debt service savings`
jshould market rates decline. To protect the call feature,
bidders will be required to bid interest rates in ascending
order.
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The bonds will be offered to underwriters at a discount of
I up to $26,640 (0.9%). The purchaser will generate its fee
in the discount and reoffer bonds at par. This feature
�• will enhance the marketability of this issue as will the
fact that the annual maturities' are in multiples of
$25,000.
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IA27.89A/13
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This structure provides for retirement of the debt in
accordance with the City's policy of repaying its general
obligation -debt -over -a.period of. 1O. to 12.years in level
principal installments and reduces the interest cost of the
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issue. The City's policy of rapidly retiring, its debt in
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this manner is one reason it has been able to maintain its
"Aaa" bond rating.
1 Certain features of the structuring for this issue have
been designed either to improve the marketability of the
issue or to improve the flexibility to the City in the
repayment of its debt. The bonds, will carry a call fear
j ture. This is designed to•improve the flexibility to the I ,
City in the repayment of debt: ,Bonds maturing in the years i
1998 to 2000 are callable at the option of the City on June
( 1, 1997, and semiannually thereafter. at a price of par and
accrued interest. Therefore, the City has the flexibility
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to :refund this issue in the future for the purpose of
restructuring debt of generating' debt service savings`
jshould market rates decline. To protect the call feature,
bidders will be required to bid interest rates in ascending
order.
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The bonds will be offered to underwriters at a discount of
I up to $26,640 (0.9%). The purchaser will generate its fee
in the discount and reoffer bonds at par. This feature
�• will enhance the marketability of this issue as will the
fact that the annual maturities' are in multiples of
$25,000.
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IA27.89A/13
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8008 -ENTRY SYSTEM
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The bonds will be issued in book -entry rather than certi-
ficated form. This means that rather, than being given
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actual physical certificates, bondholders will be given -
accounts with the Depository Trust Company (DTC) in
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New York, and all transactions will be handled through DTC.
This is the method commonly used with corporate bonds, and
is being used more extensively by issuers of municipal
debt. The advantage of this method is that it saves the
issuer the cost of hiring a registrar/paying agent or of
maintaining its own system as Iowa City has done in the
past.
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TAX EXEMPTION
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86 the"Code")im ose
The Internal Revenue Code of 19 ( :imposes
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certain requirements and restrictions which must be met by
the City in order to maintain the tax-exempt status of its
bonds. There are two primary requirements of interest to
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the City. The first concerns maintaining the status of
these bonds as "Governmental Bonds." The second pertains
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to the arbitrage rebate requirements of the Code.
A major change established by the Tax Reform Act of 1986 is
the distinction between "Governmental Bonds" and "Private
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Activity Bonds." Any bond issue more than 1O% of the
proceeds of which is used in the business of a non-
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governmental unit is considered. a"Private, Activity Bond."
If private activity is unrelated to the governmental use,
the cut-off is 5%. This represents a tightening of the
former IDB Test, for which the cut-off has been 25%. In
addition, a new concept of retroactive taxability has been
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instituted with the, new law.. .If at any time in the future
the projects financed with the proceeds of this issue could
be said to meet the Private Use Test, these bonds would be
come retroactively. taxable. These bonds are being` issued '
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as government purpose bonds based on the draft opinion
prepared by bond counsel. However, it is important for the
city to maintain the governmental purpose of the facilities
and improvements financed with the proceeds of these bonds
during the time in which the bonds are outstanding.
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IA27.89A/14
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The second provision of importance to the City is the
arbitrage rebate requirements of the Code. The Code
The second provision of importance to the City is the
arbitrage rebate requirements of the Code. The Code
requires that .issuers whosell more than $5,000,000 in
tax-exempt debt during any one year must rebate to the
federal government any arbitrage earnings on bond proceeds
if all of the bond proceeds are not expended within six
months of the date of issuance. The net effect of this
requirement is to limit the amount of interest earnings
that can be made on bond proceeds to approximately the
yield on the bonds. This requirements also means signi-
ficant and complicated accounting procedures for those
( governmental units subject to this provision.`
The City does not intend to issue more than $5,000,000 of
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debt during 1989. Therefore, bond proceeds from this issue
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�. may be invested at an unlimited rate during the
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construction period and the City will not be subject to the
arbitrage rebate requirements.
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QUALIFIED TAX-EXEMPT OBLIGATION
Another major provision of the code is a 100% disallowance
of the interest deduction for banks which purchase tax-
1' exempt bonds. An exception to this provision allows banks
to.deduct interest incurred on governmental bonds, when the
jurisdiction issues no more than $10,000,000 in the
calendar year. Bonds which qualify for this exception are
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selling very well in the current market and are expected to
continue in high demand as banks and underwriters adapt to
the new restrictions contained in the Act.
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t. Because the City does not intend to issue $10,000,000 of
debt in 1989, it will designate the bonds as qualified
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tax-exempt obligations. This should 'increase the
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marketability of the issue and generate lower interest
rates than the City would have received had the bonds not
1. been designated qualified tax-exempt obligations.
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RATING
i, The City's current bond rating from Moody's Investors
Service, Inc. is "Aaa", the highest rating given by Moody's
i and one which is held by very few cities in the country. A
rating will be applied for this issue as well.
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IA27.89A/15
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GENERAL MARKET CONDITIONS.
The municipal market has experienced, an unusually long
period, of stability at relatively, low rates over the past
two years, although the general trend is downward. Since
the beginning of 1988, the The Bond Buyer's Index, which is
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the primary indicator of municipal bond interest rates, has
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varied from a low of 6.86% in August, 1989 to, a, high of
7.97% in May, 1988.It is currently at 7.22%.
Under: current market conditions, we estimate that .the Bonds
would receive an interest rate, of between 6.5% and 7.00%.
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Attached as Exhibit ''B is a schedule which reports the
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movement of The Bond Buyer's Index since 1985.
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PRELIMINARY FINANCING SCHEDULE
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$2,960,000 General Obligation Bonds
City 0! Iowa City, Iowa
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Date
Task
November 9
Evensen Dodge delivers Terms and
Conditions of Sale Memorandum to the
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Ahlers law firm.
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November 16
Evensen Dodge delivers Presale Analysis
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to the City.
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November 21
Evensen Dodge delivers draft
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of" the
Official Statement i to the City and ' to
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Bond Counsel for review.
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November 27`
The City and Bond Counsel give Evensen
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Dodge ;their comments on the 'Official
Statement.
November 28
Public hearing. City Council acts
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setting the sale.
jresolution
November 28
Application for rating submitted to
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Moody's Investors Service, Inc.
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November 28
Official„ Statement mailed to under-
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writers.
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December 1
Notice of bond sale appears in
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Press -Citizen.
December 4-11
'Potential bidders contacted; questions
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December 12
Bond sale at Noon. Council consider-
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EXHIBIT- A
Preliminary Debt Service Schedule
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IA27.89A/18
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SENT BY: 111-11-69 1 3:40PM 1 EVENSEN
DODGE- 319 356 50091x 2
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IOWA CITY
82,960,000
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DEBT SERVICE SCHEDULE
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-DATE PRINCIPAL COUPON INTEREST PERIOD TOTAL
.......................................................
FISCAL TOTAL
6/ 1/90 94,BDC.00 94,800.00
12/ 1/90 94,800.00 94,800.00
• .
•.94,800.00
6/ 1/91 260,000.00 6,000000 94,8DO.00 354,800.00
449,600.00
12/ 1/91 87,000.00 87,000.00
6/ 1/92 300,000.00 6,100000 17,000.00 387,000.00
12/ 1/92 '77,150.00
474,000.00
77,850.00
6/ 1/97 300,000,00 6,200000 77,850,00 377,850.00
433,700.00
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12/ 1/93 68,550.00. 61,550.00.
6/ 1/94. 300,ODO,00 6.300000 68,550.00 360,550.00
437,10D.00
R/ 1/94 59,100.00 SD, 100.00
6/ 1/93 300,000.00 6,400000 59,100.00. 339,100.00
418,200.00
12/ 1/95-'
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49,500.00 49,500.00
6/ 1/96 300,000.00 6.500000 49,300,00 ` 349,500.00
399,000.00
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12/ 1/96 39,730.00. 39,Y50.00
6/ 1/97 300,000.00 6.550000 79,750.00 739,750,00
. it/ 1/97 29,925,00 29 925.00
779,500.00.
b/ 1/98 300,000.00 6,600000 29,923.00. 329,927.00
359,850,00
12/ 1/98 20,025.00 20,025 00
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6/ 1/99 300,000.00 6.6500DO 20,025.00 320,025.00
12/1/99
340,Oso.00
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10 050.00 10,030 00
6/; 1/ 0 300,000.00 6,700000:'10,050 00 310,050.00
320,100.00
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2,%0,000.001 167,900 00 .-4;127,900,00
ACCRUED
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. 14,220,CO3 ', 14,220.00
20960,000.00 1,133,660.00 4,113,680.00
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Dot66 12/,1/89 with Ddlw 6f 12/21/19
940.000
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6.650279 X Urine 99.1500000
PREPARED /Y EVENSEN DODGE, INC.-
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'RIINOATEt
11.17.1969 1 16t2802 FILENANIt foNA ' R[Yt 1989
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IOW CITY
82,960,000
G.O. BONDS
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DEBT SERVICE SCHEDULE
.....................
DATE PRINCIPAL
......................
COUPON
INTEREST
6/ 1/90
........................
.
79,000.00
12/ 1/90
94,600.00
'
6/ 1/91 260,000.00
6.000000
94,800,00
12/ 1/91
87,000.00
6/ 1/92 300,000.00
100000
87,000,00
12/1/92
77,850.00
6/ 1/93 300,000.00
6.2 00
77,850.00
12/ 1/93
68,550.00
'
6/ 1/94 300,000.00
6.300000
68,550.00
12/ 1/94
59 100.00
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1
12% 1/9%5 300,000.00.
6.400000, 59,100.00/
,
'6/
49,500.00,
r
1/96 300,000.00
6.500000
49,500.00
12/ 1/96
39,750,00
6/ 1/97 300,D00.00.
6.550000,\39,750.00
'
72/ 1/97
29,925.00.
6/.1/98 300,000.00
6.600000
29,925.00
- 12/ 1/98
2tlN025.00
6/ 1/99 300,000,00
6.650000
20,D25.00
t '
12/ 1/99
6/ 1/ 0 300,000.00
6.700000,
10,050.00
/10,0$
,00
Qt
...
J
2960 000.00
100'QO...
.
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ACCRUED -
2960 000.00/
.........
1,152 100 00\\ d
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Dated 1/ 1/90CvitheDetiver
f vaacvcce..�s
f 1/'I/90 \
Bond Years
77;693.333
Average Col4an6.511492
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Average Life
5,977477
MIC , X /6.653693
% Using 99,151
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PREPARED BY EVENSEN DODBE,
INC.
RUNDATE: 11-09.19 a
13:27:51
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The Bond Buyer's Index Graph
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7
BOND BUYER INDEX
-- --
20 Year G.O. Bonds
k
I
November 9, 1989
•.',
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.
9.6%
'
8.8%
8.4%
'8.0%
3F rI� �S? rt\I i,La
7.6%
1 kG
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kmry :.
7.2%
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6.8%
V.
6.4%
ta9tlap �i�{� i v
I, u
This Week 7.20%
6.0%
I
Last Week 7.24%
5.6%
I
Jul 85 Jan 88 Jul 88
Jan 87 Jul 87 Jan as Jul 88
Jan 89 Jul 89
Ja,
Prepared by Evensen Dodge, inc
\ 7
{II
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-1-
AIILEIIS. CCOSEY.I1011WEILEIE IIAIBIE, SMM I& ALLUE
• OMN[YBAT"W OLSMWNIS.q
,
rib, ,
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+
November 21 1989
,
'
The City council of Iowa City, Iowa, net in a special
+
session, in the Council chambers, Civic Center, Iowa City, Iowa, -1
7:30'
at o'clock' P.M., on the above date. There were present
+
Mayor. McDonald in the chair, and the following
named Council Members:
itjj
Ambrisco, Balmer, Courtney, Horowitz f
Kubby, Larson, McDonald.
r>
1
1 ;
Absent: None.
+
1
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-1-
AIILEIIS. CCOSEY.I1011WEILEIE IIAIBIE, SMM I& ALLUE
• OMN[YBAT"W OLSMWNIS.q
1
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The Mayor announced that this was the time and place for the
Public hearing and meeting on the matter of the issuance uance o f
$2,960,000 General Obligation Bonds in order tovide
ro '
p funds to
pay costs of acquisition, construction and equipping of sewage
treatment works and facilities; improvements to existing City
parks; acquisition, construction, reconstruction and enlargement
of bridges and culverts; reconstruction and improvement of
waterways for the protection of existing property and improvements
within the City; and acquisition of real estate for street
improvements,an essential corporate purpose, and that notice of
the proposed action by the Council to institute proceedings for
the,..issuance of said bonds, had been published pursuant to the
provisionsof section 384.25 of the City Code of Iowa.
+
The Mayor then asked the Clerk whether any written objections
had been filed by any city resident or property owner to the
issuance of said bonds. The Clerk advised the Mayor and the
Council that no written objections had been filed. The Mayor
if
then called for oral objections to the issuance of said bonds and
none were made. Whereupon; the Mayor declared the time for
-
receiving oral and written objections to be closed.
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(Attach here a summary of objections
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received or made, if any)
4
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City of Iowa City
MEMORANDUM
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Date: November 17, 1989
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To: City Council
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From: City. Manager
Re: North Market Square Park
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You may recall following the debate concerning the Preucil School parking lot, we pledged to.
.
}
utilize the monies from the sale of the property to Preucil for improvements to the North
Market
Square Park. The Director of Parks and Recreation met with
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the Horace Mann PTO Play-
ground Committee and determined seven priorities needed to be undertaken and '
accom-
plished. The following summary represents the activity to date
+
and I believe more than fulfills.
4
the pledge to undertake Improvements at North Market Square Park.
ITEM
STATUS COST
r 5
iti
1. New sidewalk from school property
I
f
to exisitng park sidewalk (construct
a.
in fashion to also improve drainage)
Complete p $4,608
2. Purchase and Install new swing set Complete
+
p 1,740
! ns
3. Mudiack existing hard surface area to
'
provide a more level playing surface
r
labor costs only; y; provided In
Complete .0-
4. Install a basketball goal at each
end
of existing hard surface area; and
+
relocate funnel ball (provided two
refurbished units already owned; cost
Indicated is for concrete only)
Complete 73
5. Install two Junior -size soccer goals
i
as
(provided portable goals already owned) Complete
-0-
6. Install two new trash receptacle
i
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holders
Complete 268
e Fz'W
7. Construct a sand -pit volleyball court Partially
(portable standards currently provided )
complete 598
o
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,
//Y
s
5
2
!
y;!3
ri5
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OTHER ITEMS:
STATUS
COST
i
Install new border timbers and sand
s
around and under existing playground
I
apparatus
Complete
$ 559
Top soil for leveling
Complete
464
Install water line and hydrant to "
existing park shelter "
Complete
330
TOTAL CASH EXPENDITURES TO DATE
' SIs
(does not Include In-house labor
6 640
or equipment costs)
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City of Iowa City
iI
MEMORANDUM
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Date: November 17, 1989
t`
To: City Council
j
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From: City Manager
Y'
Re: University Heights - Park Purchase Proposal
1
You will recall correspondence from the City of University Heights requesting the
City of Iowa City participate in the possible purchase of the Neuzil tract as a park
site. I received a telephone call from Al Leff, City Attorney for University
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Heights, suggesting a meeting of Iowa City representatives and University Heights
representatives to discuss this project. I advised Al that I am sure that Iowa City
representatives would be interested in meeting; however, there are several issues
4�
pertinent to the project proposal that are important to note earlier on,as well as
I
I '
my need for additional policy guidance. I advised Al that:
1. While there is concern over the prospective development of the Neuzil tract,
there is also interest on the part of. the City Council and Parks and
Recreation Commission to provide for parkland in other areas of Iowa City.
Specifically, I advised him that the Benton -Orchard area has, for some time,
F
been a reasonably high priority with respect to Cit council's interest in
y
I ?
securing a park for that neighborhood.
2. The City has secured the services of a park planning consultant and would
I
likely be pursuing the development of a park at the south treatment plant.
I'
I advised Al of a potential referendum on this matter and the significant
expense Involved. Considerable energies and funds are being devoted to
this -project plan.
3. I suggested that due to the fact that the Neuzil land Is vacant and the,
University Heights feels strongly about the possibility of a park purchase,
would suggest that they may wish to proceed with the purchase of the park
on their initiative and therefore provide a park under their direct control
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City of Iowa City
{
MEMORANDUM
Date: November 17, 1989
To: City Council
From: City Manager
g
Re: Maiden Lane Improvement Project
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As you know, we have been meeting over the last year with the property owners along Maiden
•
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Lane between Court and Prentiss. The Planning and Zoning Commission had earlier in the
year made recommendations concerning the street/alley vacation as well as other possible
I
improvements 1n the area. Following their recommendations, the staff proceeded with an
j
attempt to pull together all the area property owners and develop some type of an overall '
project plan. As you know, this lead to discussions concerning street improvements,
I, I
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construction of a pedestrian bridge, Ralston Creek cleanup, eta The other daywe concluded
1
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what I believe to be the last meeting with the property owners and have developed a general
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memorandum of understanding. It is my intent to refer this issue to the Planning and Zoning
I
ist
Commission for their review and recommendation. While there is not unanimity, there is a
strong consensus on the part of all property owners concerning practically every element of
the overall project plan. One specific element that is somewhat unique but in keeping with the
1
i
Planning and Zoning recommendation is the use of parking meter revenue to assist in the
t
financing of street Improvements. t was m
tIy general thinking that a portion of the meter �
revenue would be dedicated for a limited period to repay a portion of the special assessment
street improvements', and thereafter all revenues reverting directly to the parking fund. Planning
and Zoning will be considering this as well as the overall project plan.
`
Following their review and hopefully favorable recommendation, it would be my Intent to bring
this matter to your attention in that this project would require City commitments to the project
area such as the pedestrian bridge, as well as a zone change and special assessment project.
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f
r.
Peter B. King, Executive Director
League of Iowa Municipalities
November 20, 1989
f Page 2
Specifically, mandated State and Federal wastewater effluent standards necessitated local
A expenditures in excess of $40,000,000 to expand and improve the City's wastewater treatment
facilities. Mandates to landfill operational methods, monitoring well number and sampling,
elimination of surface water and groundwater contamination and volume reduction will have
serious fiscal impacts on the City. Just because a mandate brings with it a financial
responsibility does not make 11 bad or impossible to implement; but costly mandates must be
backed with State of Iowa financial support to make Implementation possible.
Providing a continuing and regular source of funding would also benefit cities and counties if
it were put to use by reinforcing existing DNR staffing both in numbers of bodies to carry out
1 workload and at competitive salaries to create continuing consistency within the department
through longevity. It seems as soon as we establish a working relationship with a DNR staff
Wit person, they,move on, and with them goes specific knowledge of Issues we believe unique to
our circumstances in Iowa City.
s If you with more specific information, just let me know.
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November 15, 1989
Steve Atkina, City Menager
Cit 11
We
City
V o J
Civic Center
Deer Steve,
J
1
Thanks so much for taking time to see me lest Wednesday about It* Johnson County Historical
Society and the services the Society provides to love City residents,
i
To summarize our conversation: The Society's goals aro — and have always been — the
preservation and interpretation of our local history.
I
We preserve local histor through the Heritage Museum, where we collect, preserve, and
exhibit important places of love City's history.
Weinterpretl%ol history through our educational programs, j
At present, our operations are supported iargely by Johnson County and the City ofCorolville, i I
We aro currently completing tong -range gime which will lead us in new directions:
In improving preservation of historic materiels and resources I I
in offering more and better educational opportunities
In promoting tourism in Johnson County.
We plan to enlist additional support for the SoctetO activities from other Johnson County
governments, individuals, and private organizations. Might the City of low City consider I
supporting this important work in the amount of =25004 This amount would support a
quarter -time curator for nine months; the curator (an low City residenti) would be able to ;
continue the preservation of irreplaceable museum artifacts which we begun this year with e
grant from the low Community Cultural Grant program. i
I enclose Some additional information about the Society: a list of board members, our proposed
budget for 1989-90, end a partial list of museum exhibits end public programa offered this i
year. Please cell me if you need additional Information—or fel free to talk with any of our
directors. Thank you so much for your time and for your assistance to making others were of
our pole.
SincereU,
lllLeuHe E. Robinson i
Museum Director, The Heritage Museum
Johnson County Historical Society
P.O. Box 5081
Coralville, Iowa 52241
- i�
thru April Victorian Wadding TreditionsinJohnson County
thru September love qty Glass A Business from Iowa qty's Boom period
opened -April Candlesticks, Kettles& Coverlets: Pioneer Women Come to lova
g opened -September Picture That Photography in Johnson County
*Permanent exIdblts include a 1900'3 school room, and displays related to Johann County
history.
*Museum hours are Wednesdey through Sunday, 1 pm to S pm.
e in 1989, 278 artifacts have alreedy been added to the museum's coliectton, Ttax include:
en love qty Civil Wer muster roll:
love City Centennial buttons, banners, and original script for 1939 Centennial pageant;
World Wer I I ration tickets, coupons, and tokens from love City grocera.
t
t
N:
k. .
F'
A Sompliq of Prgrnns Offered by
the Jobnssn Coated Historical Soddy
in 1989
r#
In 1989, the
Society's programs reached more then 7120 persons. Some of the programs we
._
presented:
�
ProeromTitle P1scePrexnted
April 16
Grandfather's Folly: The love City Flint Glass Company Heritage Museum
April 18
Jove City: 150 Years (Presenter: Irving Weber) Senior Center -love qty
May 4
Oct.
Sesquicentennial house Tour: A Welk Through Time 7 Iowa qty houses
13-14 Spinning Demonstration at McBride Nature Area Historic Rendoavous
Oct. 29
Fading fest: Ghost Towns In Johnson County 111113 Comm. Center
4
Exhibits 8ffored by
that Johnson Couto Material Society
at that loritop "Mom
_
101989
thru April Victorian Wadding TreditionsinJohnson County
thru September love qty Glass A Business from Iowa qty's Boom period
opened -April Candlesticks, Kettles& Coverlets: Pioneer Women Come to lova
g opened -September Picture That Photography in Johnson County
*Permanent exIdblts include a 1900'3 school room, and displays related to Johann County
history.
*Museum hours are Wednesdey through Sunday, 1 pm to S pm.
e in 1989, 278 artifacts have alreedy been added to the museum's coliectton, Ttax include:
en love qty Civil Wer muster roll:
love City Centennial buttons, banners, and original script for 1939 Centennial pageant;
World Wer I I ration tickets, coupons, and tokens from love City grocera.
t
1
s4
Johnson County
$20000.00
City of Coraiville
2500.00
v
City of lova city
2500.00
u
Other Johnson County towns
325.00
iP
MembereMpe `
Donations &Annual Giving
.4675.00
a.
5000.00
r'
600.00
4'
Federal & State Grants
750.00
3000.00
TOTAL INCOME
INCOME
Prete BdW for the Heritge Meseew
J0e1011 Ceee19 Bisterial Seefet,
1990-91
s4
Johnson County
$20000.00
City of Coraiville
2500.00
v
City of lova city
2500.00
u
Other Johnson County towns
325.00
MembereMpe `
Donations &Annual Giving
.4675.00
Erdovment income
5000.00
Museum Shop Soles
600.00
Federal & State Grants
750.00
3000.00
TOTAL INCOME
_
_
=39350.00
y J`
i
EXPENDITURES
"1
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-
Administrativecosts
Annual
=1300.00
givirgcampaign
500.00
'
Books & publiatiora
150.00
Brochures, publications,advertisinp
750.00
1"
Conservation mebrials -
1200.00.
_.
Curetoreeiary 0/4time)
.
3550.00
Equipment (ofnce,eudio-visual)
5500.00
Exhibits
Insurance
1200.00
;`
IMermMpa`
1800.00
800.00'
Meirdemnce - building A grounds
5775.00
Membership, annual meeting
580.00
Museumdirector (5/Btime)
10500.00
'
'
PrOlIM10051 Memberships
700.00
Newsletter & programs
1300.00
Security
Tourism initiatives
200.00
Utilities
1000.00
2545.00
r. :
TOTAL EXPENDITURES
=39350.00
i
1.
November 13, 1989.
The Honorable Tom Harkin
U.S. Senate
316 Hart Senate Office Bldg.
Washington, D.C. 20510
Dear Tom:
CITY OF IOWA CITY
Attached is an article from Nation's Cities Weekly magazine. In this article, the �•'
actions on the part of the Office of Management Budget concerning affordable .
6 housing are noted.. -Needless -to say, we are most disappointed in'those 'actions
. 11.E
We are actively involved in the development of a community -wide, housing taskforce I �1
in our efforts to address affordable housing needs. The rejection.of HUD II
Secretary'Jack Kempf's proposal is a significant setback. As I am sure you can
appreciate, it is difficult, due to state -imposed tax limits as well as other financial
constraints experienced by cities, to raise funds and/or to adequately develop
I programs to address the issue of affordable housing. I would hope that you and
"other members of Congress will take an active role in addressing this issue.
If you .wish any. additional supporting documentation concerning area issues
associated with affordable housing,• please feel free to contact me.
Sincerely yours, I „I
� C 1
Stepher At i Same letter sent to:
City Marrrrrrff((((ager
cc: City CouncilSenator Charles Grass,ey
'
Don Schmeiser Representative David Nagle
Doug Boothroy
bj/pc2
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010 EAST WASHINGTON STREET • IOWA CITY. IOWA $3350 0 (310) 351.{000 • FAX (3IF) If 0•f oo0
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