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Issuance of Not to Exceed $1,990,000 General Obligation Bonds, $700,00 General Obligation Bonds, $700,000 General Obligation Bonds, $975,000 General Obligation Urban Renewal Bonds, and $5,800,000 General Obligation Urban Renewal Bonds_HearingCity of Dubuque City Council Meeting Public Hearings # 10. Copyrighted April 18, 2022 ITEM TITLE: Proceedings for the Public Hearing on the Issuance of Not to Exceed $1,990,000 General Obligation Bonds, $700,000 General Obligation Bonds, $700,000 General Obligation Bonds, $975,000 General Obligation Urban Renewal Bonds, and $5,800,000 General Obligation Urban Renewal Bonds, Series 2022AB SUMMARY: Proof of publication on notice of public hearing to consider City Council approval of the suggested proceedings for the public hearing on the issuance of selling not to exceed $10,165,000 in General Obligation Bonds, and City Manager recommending approval. RESOLUTION Instituting proceedings to take additional action for the issuance of not to exceed $1,990,000 General Obligation Bonds RESOLUTION Instituting proceedings to take additional action for the issuance of not to exceed $700,000 General Obligation Bonds [GCP-2] RESOLUTION Instituting proceedings to take additional action for the issuance of not to exceed $700,000 General Obligation Bonds [GCP-3] RESOLUTION Instituting proceedings to take additional action for the issuance of not to exceed $975,000 General Obligation Urban Renewal Bonds RESOLUTION Instituting proceedings to take additional action for the issuance of not to exceed $5,800,000 General Obligation Urban Renewal Bonds SUGGESTED Suggested Disposition: Receive and File; Adopt Resolution(s) DISPOSITION: ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo ECP-1 Hearing Proceedings Resolutions GCP-2 Hearing Proceedings Resolutions GCP-3 Hearing Proceedings Resolutions ECP-UR-4 Hearing Proccedings Resolutions ECP-UR-5 Hearing Proceedings Resolutions Bond Counsel Letter Supporting Documentation THE CF D�Uj__B E Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager Dubuque AII•Anci ica Ciq 2007-2012.2013 2017*2019 SUBJECT: Proceedings for the Public Hearing on the Issuance of Not to Exceed $1,990,000 General Obligation Bonds, $700,000 General Obligation Bonds, $700,000 General Obligation Bonds, $975,000 General Obligation Urban Renewal Bonds, and $5,800,000 General Obligation Urban Renewal Bonds, Series 2022AB DATE: April 9, 2022 Director of Finance and Budget Jennifer Larson recommends City Council approval of the suggested proceedings for the public hearing on the issuance of selling not to exceed $10,165,000 in General Obligation Bonds. $8,951,000 of the proceeds is intended for projects in the City budget previously approved by the City Council which include Fire Ladder Truck Replacement, Fire Ambulance Addition, River Dock Expansion, Finance Enterprise Resource System, Five Flags Arena Roof Air Conditioner Unit Replacement, Downtown Parking Ramp Property Acquisition, Property Acquisition of Webber Property in Dubuque Industrial Center. $1,214,000 is intended to provide funds for bond issuance costs and contingency for fluctuations in the bond market for interest rates, bond issuance costs and change in project costs. Although the City is selling General Obligation Bonds to support the projects, repayments of the debt will be local option sales tax, Sanitary Sewer Fund, Dubuque Industrial Center TIF and Greater Downtown TIF. As to the non -urban renewal essential corporate purpose portion of the issue, the proceedings are prepared to show as a first step the receipt of any oral or written objections from any resident or property owner to the proposed action of the Council to issue the Bonds. A summary of objections received or made, if any, should be attached to the proceedings. After all objections have been received and considered, if the Council decides not to abandon the proposal to issue the Bonds, a form of resolution follows that should be introduced and adopted, entitled "Resolution Instituting Proceedings to Take Additional Action for the Issuance of not to exceed $1,990,000 General Obligation Bonds." As to the general corporate purpose and urban renewal essential corporate purpose portions of the issue, the proceedings have been prepared on the basis that no petition will be filed asking that the question of issuing the Bonds be submitted to the qualified electors of the City. The proceedings refer to the fact that the hearing was held and that no petition had been filed. The Mayor will then declare the hearing on the issuance of the Bonds to be closed. Immediately following each hearing, a resolution is to be introduced and adopted taking additional action for the issuance. If a valid petition is filed, however, Bond Counsel should be notified as soon as possible, and the proceedings will need to be revised to cover the action taken by the Council in either abandoning the proposal to issue the Bonds or directing the County Commissioner to call a special election upon the question of issuing the Bonds. The Code of Iowa provides that any resident or property owner of the City may appeal the decision to take additional action to issue the Bonds to the District Court of a county in which any part of the City is located, within 15 days after such additional action is taken, but that the additional action is final and conclusive unless the court finds that the Council exceeded its authority. In the event an appeal is filed by any resident or property owner, Bound Counsel must be notified as soon as possible. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/jml Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Director of Finance and Budget Dubuque THE CITY OF DUB E All•A�eriCl City 1 IF ln Masterpiece pp iece an the Mississippi z°°�•7*20°t3 zoi*zOlg TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Director of Finance and Budget SUBJECT: Proceedings for the Public Hearing on the Issuance of Not to Exceed $1,990,000 General Obligation Bonds, $700,000 General Obligation Bonds, $700,000 General Obligation Bonds, $975,000 General Obligation Urban Renewal Bonds, and $5,800,000 General Obligation Urban Renewal Bonds, Series 2022AB DATE: April 9, 2022 INTRODUCTION The purpose of this memorandum is to provide the suggested proceedings for the public hearing on the proposal to issue General Obligation Bonds, the proceeds of which will be used for essential and general corporate purposes of the City for projects in the City budget previously approved by the City Council. DISCUSSION Of the bond amount: • $1,827,000 is intended to provide funds to pay costs of Fire Ladder Truck replacement and an additional ambulance with repayment from local option sales tax. • $421,000 is intended to provide funds to pay costs of the Finance Enterprise Resource System (ERP) with repayment from Sanitary Sewer Fund. • $150,000 is intended to provide funds to pay costs of Five Flags Arena Roof Air Conditioner Unit Replacement with repayment from Greater Downtown TIF. • $550,000 is intended to provide funds to pay costs of Port of Dubuque Riverfront Dock Expansion with repayment from Greater Downtown TIF. • $803,000 is intended to provide funds to pay costs of the property acquisition for a new Downtown Parking Ramp with repayment from Greater Downtown TIF. • $5,200,000 is intended to provide funds to pay costs of property acquisition of the Webber Property with repayment from Dubuque Industrial Center TIF. • $500,000 is intended to provide funds for bond issuance costs and • $714,000 is intended to be a contingency for fluctuations in the bond market for interest rates, bond issuance costs and change in project costs. Although the City is selling General Obligation Bonds to support the projects, repayment of the debt will be local option sales tax, Sanitary Sewer Fund, Dubuque Industrial Center TIF and Greater Downtown TIF. As to the non -urban renewal essential corporate purpose portion of the issue, the proceedings are prepared to show as a first step the receipt of any oral or written objections from any resident or property owner to the proposed action of the Council to issue the Bonds. A summary of objections received or made, if any, should be attached to the proceedings. After all objections have been received and considered, if the Council decides not to abandon the proposal to issue the Bonds, a form of resolution follows that should be introduced and adopted, entitled "Resolution Instituting Proceedings to Take Additional Action for the Issuance of not to exceed $1,990,000 General Obligation Bonds." As to the general corporate purpose and urban renewal essential corporate purpose portions of the issue, the proceedings have been prepared on the basis that no petition will be filed asking that the question of issuing the Bonds be submitted to the qualified electors of the City. The proceedings refer to the fact that the hearing was held and that no petition had been filed. The Mayor will then declare the hearing on the issuance of the Bonds to be closed. Immediately following each hearing, a resolution is to be introduced and adopted taking additional action for the issuance. If a valid petition is filed, however, Bond Counsel should be notified as soon as possible, and the proceedings will need to be revised to cover the action taken by the Council in either abandoning the proposal to issue the Bonds or directing the County Commissioner to call a special election upon the question of issuing the Bonds. The Code of Iowa provides that any resident or property owner of the City may appeal the decision to take additional action to issue the Bonds to the District Court of a county in which any part of the City is located, within 15 days after such additional action is taken, but that the additional action is final and conclusive unless the court finds that the Council exceeded its authority. In the event an appeal is filed by any resident or property owner, Bound Counsel must be notified as soon as possible. RECOMMENDATION I respectfully recommend the adoption of the enclosed resolutions instituting the proceedings to take additional action. JML Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Cassie Ross, Assistant Finance Director ITEMS TO INCLUDE ON AGENDA CITY OF DUBUQUE, IOWA Not to Exceed $1,990,000 General Obligation Bonds (ECP-1) Public hearing on the issuance. Resolution instituting proceedings to take additional action. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. April 18, 2022 The City Council of the City of Dubuque, State of Iowa, met in regular session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:30 P.M., on the above date. There were present Mayor Cavanagh, in the chair, and the following named Council Members: Farber, Jones, Resnick, Roussell, Sprank, Wethal Absent: Vacant: -1- The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the issuance of not to exceed $1,990,000 General Obligation Bonds, in order to provide funds to pay the costs of the acquisition of ambulances and ambulance equipment and equipping the fire department, for essential corporate purposes, and that notice of the proposal to issue the Bonds had been published as provided by Section 384.25 of the Code of Iowa. The Mayor then asked the Clerk whether any written objections had been filed by any resident or property owner of the City to the issuance of the Bonds. The Clerk advised the Mayor and the Council that zero written objections had been filed. The Mayor then called for oral objections to the issuance of the Bonds and zero 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) Whereupon, the Mayor declared the hearing on the issuance of the Bonds to be closed. The Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member Roussell introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $1,990,000 GENERAL OBLIGATION BONDS", and moved: F] that the Resolution be adopted. F-1 to ADJOURN and defer action on the Resolution and the proposal to institute proceedings for the issuance of bonds to the meeting to be held at .M. on the day of , 2022, at this place. Council Member Jones seconded the motion. The roll was called and the vote was, AYES: Sprank, Roussell, Jones, Wethal, Cavanagh, Resnick, Farber NAYS: Whereupon, the Mayor declared the measure duly adopted. RESOLUTION NO. 149-22 RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $1,990,000 GENERAL OBLIGATION BONDS -2- WHEREAS, pursuant to notice published as required by law, the City Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of not to exceed $1,990,000 General Obligation Bonds, for the essential corporate purposes, in order to provide funds to pay the costs of the acquisition of ambulances and ambulance equipment and equipping the fire department, and has considered the extent of objections received from residents or property owners as to the proposed issuance of Bonds; and following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $1,990,000 General Obligation Bonds, for the foregoing essential corporate purposes. Section 2. This Resolution shall serve as a declaration of official intent under Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such intent. It is reasonably expected that the general fund moneys may be advanced from time to time for capital expenditures which are to be paid from the proceeds of the above Bonds. The amounts so advanced shall be reimbursed from the proceeds of the Bonds not later than eighteen months after the initial payment of the capital expenditures or eighteen months after the property is placed in service. Such advancements shall not exceed the amount authorized in this Resolution unless the same are for preliminary expenditures or unless another declaration of intention is adopted. PASSED AND APPROVED this 18'' day of April, 2022. i01 ATTEST: /� 42�yl'uk- City Clerk SM CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF DUBUQUE ) I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. A ITNESS my hand and the seal of the Council hereto affixed this 5} day of -AD rl l 2022. _ i — i t ,r a City Clerk, City of Dubuque, State of Iowa 02030039-1\10422-221 STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa•, hereby certify that the attached notice was published in said newspaper on the following dates: 04/08/2022 and for which the charge is 24.84 C U� Subscribed to before me, a Notary Public in nd for Dubuque County, Iowa, this 8th day of April, 2022 Notary Public in and for Dubuque County, Iowa. =WELBOF Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $1,990,000 GENERAL OBLIGATION BONDS OF THE CITY (FOR ESSENTIAL CORPORATE PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 18th day of April, 2022, at 6:30 P.M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $1,990,000 General Obligation Bonds, for essential corporate purposes, to provide funds to pay the costs of the acquisition of ambulances and ambulance equipment and equipping the fire department. 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 the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Section 384.25 of the Code of Iowa. Dated this 8th day of April, 2022. Adrienne N. Breitfelder City Clerk, City of Dubuque, State of Iowa It 4/8 FL- '; i `-f W� ti � i a� ITEMS TO INCLUDE ON AGENDA CITY OF DUBUQUE, IOWA Not to Exceed $700,000 General Obligation Bonds (GCP-2) Public hearing on the issuance. Resolution instituting proceedings to take additional action. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. April 18, 2022 The City Council of the City of Dubuque, State of Iowa, met in regular session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:30 P.M., on the above date. There were present Mayor Cavanagh, in the chair, and the following named Council Members: Farber, Jones, Resnick, Roussell, Sprank, Wethal Absent: Vacant: -1- The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the issuance of not to exceed $700,000 General Obligation Bonds, in order to provide funds to pay the costs of the acquisition, installation, improving and equipping of city facilities and buildings, including at the Five Flags Arena and for technology equipment and software, for general corporate purposes, and that notice of the proposal to issue the Bonds and the right to petition for an election had been published as provided by Section 384.26 of the Code of Iowa, and the Mayor then asked the City Clerk whether any petition had been filed in the Clerk's Office, in the manner provided by Section 362.4 of the Code of Iowa, and the Clerk reported that no such petition had been filed, requesting that the question of issuing the Bonds be submitted to the qualified electors of the City. The Mayor then asked the Clerk whether any written objections had been filed by any resident or property owner of the City to the issuance of the Bonds. The Clerk advised the Mayor and the Council that zero written objections had been filed. The Mayor then called for oral objections to the issuance of the Bonds and zero 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) Whereupon, the Mayor declared the hearing on the issuance of the Bonds to be closed. The Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member Roussell introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION BONDS", and moved: F] that the Resolution be adopted. F-1 to ADJOURN and defer action on the Resolution and the proposal to institute proceedings for the issuance of bonds to the meeting to be held at .M. on the day of , 2022, at this place. Council Member Jones seconded the motion. The roll was called and the vote was, AYES: Sprank, Roussell, Jones, Wethal, Cavanagh, Resnick, Farber NAYS: -2- Whereupon, the Mayor declared the measure duly adopted. RESOLUTION NO. 150-22 RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION BONDS WHEREAS, pursuant to notice published as required by law, the City Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of not to exceed $700,000 General Obligation Bonds, for the general corporate purposes, in order to provide funds to pay the costs of the acquisition, installation, improving and equipping of city facilities and buildings, including at the Five Flags Arena and for technology equipment and software, and has considered the extent of objections received from residents or property owners as to the proposed issuance of Bonds; and no petition was filed calling for a referendum thereon. The following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $700,000 General Obligation Bonds, for the foregoing general corporate purposes. Section 2. This Resolution shall serve as a declaration of official intent under Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such intent. It is reasonably expected that the general fund moneys may be advanced from time to time for capital expenditures which are to be paid from the proceeds of the above Bonds. The amounts so advanced shall be reimbursed from the proceeds of the Bonds not later than eighteen months after the initial payment of the capital expenditures or eighteen months after the property is placed in service. Such advancements shall not exceed the amount authorized in this Resolution unless the same are for preliminary expenditures or unless another declaration of intention is adopted. PASSED AND APPROVED this 181h day of April, 2022. ATTEST: aAten Z /!- &Ai City Clerk Mayor -3- CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF DUBUQUE ) I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed this Sf day of 2022. City Clerk, City of Dubuque, State of Iowa �w err• c 4-D 1" a f f! �n :� • S 4 Al ' ItO/�^' , 4 .. 02030045- 1 \1 0422-221 STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: 04/08/2022 and for which the charge is 31.66 Subscribed to before me, a Notary Pub Vic and for Dubuque County, Iowa, this 8th day of April, 2022 Notary Public in and for Dubuque County, Iowa. =111ERN400W'q 2013 Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION BONDS OF THE CITY (FOR GENERAL CORPORATE PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 18th day of April, 2022, at 6:30 P.M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $700,000 General Obligation Bonds, for general corporate purposes, bearing interest at a rate of not to exceed nine (9) per centum per annum, the Bonds to be issued to provide funds to pay the costs of the acquisition, installation, improving and equipping of city facilities and buildings, including at the Five Flags Arena and for technology equipment and software. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Section 384.26 of the Code of Iowa. 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 the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Section 384.26 of the Code of Iowa. Dated this 8th day of April, 2022. Adrienne N. Breitfelder City Clerk, City of Dubuque, State of Iowa It 4/8 ITEMS TO INCLUDE ON AGENDA CITY OF DUBUQUE, IOWA Not to Exceed $700,000 General Obligation Bonds (GCP-3) Public hearing on the issuance. Resolution instituting proceedings to take additional action. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. April 18, 2022 The City Council of the City of Dubuque, State of Iowa, met in regular session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:30 P.M., on the above date. There were present Mayor Cavanagh, in the chair, and the following named Council Members: Farber, Jones, Resnick, Roussell, Sprank, Wethal Absent: Vacant: -1- The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the issuance of not to exceed $700,000 General Obligation Bonds, in order to provide funds to pay the costs of expanding, constructing, reconstructing and equipping the riverfront docking facility, for general corporate purposes, and that notice of the proposal to issue the Bonds and the right to petition for an election had been published as provided by Section 384.26 of the Code of Iowa, and the Mayor then asked the City Clerk whether any petition had been filed in the Clerk's Office, in the manner provided by Section 362.4 of the Code of Iowa, and the Clerk reported that no such petition had been filed, requesting that the question of issuing the Bonds be submitted to the qualified electors of the City. The Mayor then asked the Clerk whether any written objections had been filed by any resident or property owner of the City to the issuance of the Bonds. The Clerk advised the Mayor and the Council that zero written objections had been filed. The Mayor then called for oral objections to the issuance of the Bonds and zero 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) Whereupon, the Mayor declared the hearing on the issuance of the Bonds to be closed. The Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member Roussell introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION BONDS", and moved: that the Resolution be adopted. F-1 to ADJOURN and defer action on the Resolution and the proposal to institute proceedings for the issuance of bonds to the meeting to be held at M. on the day of 2022, at this place. Council Member Jones seconded the motion. The roll was called and the vote was, AYES: Farber, Jones, Resnick, Roussell, Sprank, Wethal NAYS: Whereupon, the Mayor declared the measure duly adopted. -2- RESOLUTION NO. 151-2-a RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION BONDS WHEREAS, pursuant to notice published as required by law, the City Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of not to exceed $700,000 General Obligation Bonds, for the general corporate purposes, in order to provide funds to pay the costs of expanding, constructing, reconstructing and equipping the riverfrom docking facility, and has considered the extent of objections received from residents or property owners as to the proposed issuance of Bonds; and no petition was filed calling for a referendum thereon. The following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $700,000 General Obligation Bonds, for the foregoing general corporate purposes. Section 2. This Resolution shall serve as a declaration of official intent under Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such intent. It is reasonably expected that the general fund moneys may be advanced from time to time for capital expenditures which are to be paid from the proceeds of the above Bonds. The amounts so advanced shall be reimbursed from the proceeds of the Bonds not later than eighteen months after the initial payment of the capital expenditures or eighteen months after the property is placed in service. Such advancements shall not exceed the amount authorized in this Resolution unless the same are for preliminary expenditures or unless another declaration of intention is adopted. PASSED AND APPROVED this 18`h day of April, 2022. ATTEST: City Clerk Mayor RM CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF DUBUQUE ) I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. St 'WETNESS my hand and the seal of the Council hereto affixed this � I day of I`I , 2022. City Clerk, City of Dubuque, State of Iowa (S.t i 4 f4 / 02030048-1\10422-221 STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: 04/08/2022 and for which the charge is 30.68 Subscribed to be ore me, a Notary ' in and for Dubuque County, Iowa, this 8th day of April, 2022 Notary Public in and for Dubuque County, Iowa. >�• SN.ARON YWEL.BORN Comm'914S-100 Mummbw 827409 IVY Czmmma. Exp. H�C7 10, 2023 Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $700,000 GENERAL OBLIGATION BONDS OF THE CITY (FOR GENERAL CORPORATE PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 18th day of April, 2022, at 6:30 P.M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $700,000 General Obligation Bonds, for general corporate purposes, bearing interest at a rate of not to exceed nine (9) per centum per annum, the Bonds to be issued to provide funds to pay the costs of expanding, constructing, reconstructing and equipping the riverfront docking facility. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Section 384.26 of the Code of Iowa. 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 the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Section 384.26 of the Code of Iowa. Dated this 8th day of April, 2022. Adrienne N. Breitfelder City Clerk, City of Dubuque, State of Iowa It 4/8 ITEMS TO INCLUDE ON AGENDA CITY OF DUBUQUE, IOWA Not to Exceed $975,000 General Obligation Urban Renewal Bonds (ECP/UR-4) Public hearing on the issuance. Resolution instituting proceedings to take additional action. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. April 18, 2022 The City Council of the City of Dubuque, State of Iowa, met in regular session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:30 P.M., on the above date. There were present Mayor Cavanagh, in the chair, and the following named Council Members: Farber, Jones, Resnick, Roussell, Sprank, Wethal Absent: Vacant: -1- The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the issuance of not to exceed $975,000 General Obligation Urban Renewal Bonds, of the City of Dubuque, State of Iowa, in order to provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District, such as those costs associated with the construction, reconstruction, improvement, renovation, and equipping of parking ramps and facilities, for essential corporate urban renewal purposes, and that notice of the proposal to issue the Bonds and the right to petition for an election had been published as provided by Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa, and the Mayor then asked the City Clerk whether any petition had been filed in the Clerk's Office, as contemplated in Section 362.4 of the Code of Iowa, and the Clerk reported that no such petition had been filed, requesting that the question of issuing the Bonds be submitted to the qualified electors of the City. The Mayor then asked the Clerk whether any written objections had been filed by any resident or property owner of the City to the issuance of the Bonds. The Clerk advised the Mayor and the Council that zero written objections had been filed. The Mayor then called for oral objections to the issuance of the Bonds and zero 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) Whereupon, the Mayor declared the hearing on the issuance of the Bonds to be closed. The Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member Roussell introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $975,000 GENERAL OBLIGATION URBAN RENEWAL BONDS", and moved: F] that the Resolution be adopted. F-1 to ADJOURN and defer action on the Resolution and the proposal to institute proceedings for the issuance of bonds to the meeting to be held at .M. on the day of , 2022, at this place. -2- Council Member Jones seconded the motion. The roll was called and the vote was, AYES: Sprank, Roussell, Jones, Wethal, Cavanagh, Resnick, Farber NAYS: Whereupon, the Mayor declared the measure duly adopted. RESOLUTION NO. 152-22 RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $975,000 GENERAL OBLIGATION URBAN RENEWAL BONDS WHEREAS, pursuant to notice published as required by law, the City Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of not to exceed $975,000 General Obligation Urban Renewal Bonds, for the essential corporate urban renewal purposes, in order to provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District, such as those costs associated with the construction, reconstruction, improvement, renovation, and equipping of parking ramps and facilities, and has considered the extent of objections received from residents or property owners as to the proposed issuance of Bonds; and no petition was filed calling for a referendum thereon. The following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $975,000 General Obligation Urban Renewal Bonds, for the foregoing essential corporate urban renewal purposes. Section 2. This Resolution shall serve as a declaration of official intent under Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such intent. It is reasonably expected that the general fund moneys may be advanced from time to time for capital expenditures which are to be paid from the proceeds of the above Bonds. The amounts so advanced shall be reimbursed from the proceeds of the Bonds not later than eighteen months after the initial payment of the capital expenditures or eighteen months after the property is placed in service. Such advancements shall not exceed the amount authorized in this Resolution -3- unless the same are for preliminary expenditures or unless another declaration of intention is adopted. PASSED AND APPROVED this 18`h day of April, 2022. ATTEST: g� A r City Clerk Mayor ME CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF DUBUQUE ) I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. jVITNESS my hand and the seal of the Council hereto affixed this �(. S� day of Ape f 12022. City Clerk, City of Dubuque, State of Iowa .� � . 1', 1 .w •� .may .� 02030060-1\10422-221 STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: 04/08/2022 and for which the charge is 35.06 Subscribed to before me, a Notary Pu ' in and for Dubuque County, Iowa, this 8th day of April, 2022 Notary Public in and for Dubuque County, Iowa. SH.AROM YWEL.BORM r+0�891im1'1'&E�Iroim H�wwwb.ar 8274U-B MY c::171M. Ecp, NOV 10, 2M Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $975,000 GENERAL OBLIGATION URBAN RENEWAL BONDS OF THE CITY (FOR ESSENTIAL CORPORATE URBAN RENEWAL PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 18th day of April, 2022, at 6:30 P.M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $975,000 General Obligation Urban Renewal Bonds, for essential corporate urban renewal purposes, to provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District, such as those costs associated with the construction, reconstruction, improvement, renovation, and equipping of parking ramps and facilities. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa. 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 the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Chapters 384 and 403 of the Code of Iowa. Dated this 8th day of April, 2022. Adrienne N. Breitfelder City Clerk, City of Dubuque, State of Iowa It 4/8 ITEMS TO INCLUDE ON AGENDA CITY OF DUBUQUE, IOWA Not to Exceed $5,800,000 General Obligation Urban Renewal Bonds (ECP/UR-5) Public hearing on the issuance. Resolution instituting proceedings to take additional action. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. April 18, 2022 The City Council of the City of Dubuque, State of Iowa, met in regular session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:30 P.M., on the above date. There were present Mayor Cavanagh, in the chair, and the following named Council Members: Farber, Jones, Resnick, Roussell, Sprank, Wethal Absent: Vacant: -1- The Mayor announced that this was the time and place for the public hearing and meeting on the matter of the issuance of not to exceed $5,800,000 General Obligation Urban Renewal Bonds, of the City of Dubuque, State of Iowa, in order to provide funds to pay the costs of of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District such as those costs associated with the acquisition and development of industrial property, for essential corporate urban renewal purposes, and that notice of the proposal to issue the Bonds and the right to petition for an election had been published as provided by Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa, and the Mayor then asked the City Clerk whether any petition had been filed in the Clerk's Office, as contemplated in Section 362.4 of the Code of Iowa, and the Clerk reported that no such petition had been filed, requesting that the question of issuing the Bonds be submitted to the qualified electors of the City. The Mayor then asked the Clerk whether any written objections had been filed by any resident or property owner of the City to the issuance of the Bonds. The Clerk advised the Mayor and the Council that zero written objections had been filed. The Mayor then called for oral objections to the issuance of the Bonds and zero 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) Whereupon, the Mayor declared the hearing on the issuance of the Bonds to be closed. The Council then considered the proposed action and the extent of objections thereto. Whereupon, Council Member Roussell introduced and delivered to the Clerk the Resolution hereinafter set out entitled "RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $5,800,000 GENERAL OBLIGATION URBAN RENEWAL BONDS", and moved: F] that the Resolution be adopted. F-1 to ADJOURN and defer action on the Resolution and the proposal to institute proceedings for the issuance of bonds to the meeting to be held at .M. on the day of , 2022, at this place. -2- Council Member Jones seconded the motion. The roll was called and the vote was, AYES: Sprank, Roussell, Jones, Wethal, Cavanagh, Resnick, Farber NAYS: Whereupon, the Mayor declared the measure duly adopted. RESOLUTION NO. 153-22 RESOLUTION INSTITUTING PROCEEDINGS TO TAKE ADDITIONAL ACTION FOR THE ISSUANCE OF NOT TO EXCEED $5,800,000 GENERAL OBLIGATION URBAN RENEWAL BONDS WHEREAS, pursuant to notice published as required by law, the City Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of not to exceed $5,800,000 General Obligation Urban Renewal Bonds, for the essential corporate urban renewal purposes, in order to provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District such as those costs associated with the acquisition and development of industrial property, and has considered the extent of objections received from residents or property owners as to the proposed issuance of Bonds; and no petition was filed calling for a referendum thereon. The following action is now considered to be in the best interests of the City and residents thereof. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council does hereby institute proceedings and take additional action for the authorization and issuance in the manner required by law of not to exceed $5,800,000 General Obligation Urban Renewal Bonds, for the foregoing essential corporate urban renewal purposes. Section 2. This Resolution shall serve as a declaration of official intent under Treasury Regulation 1.150-2 and shall be maintained on file as a public record of such intent. It is reasonably expected that the general fund moneys may be advanced from time to time for capital expenditures which are to be paid from the proceeds of the above Bonds. The amounts so advanced shall be reimbursed from the proceeds of the Bonds not later than eighteen months after the initial payment of the capital expenditures or eighteen months after the property is placed in service. Such advancements shall not exceed the amount authorized in this Resolution -3- unless the same are for preliminary expenditures or unless another declaration of intention is adopted. PASSED AND APPROVED this 18`h day of April, 2022. Mayor ATTEST: (J7401� A City Clerk CERTIFICATE STATE OF IOWA ) ) SS COUNTY OF DUBUQUE ) I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. } ITNESS my hand and the seal of the Council hereto affixed this ' day of aA4n4 . r` I 2022. Al City Clerk, City of Dubuque, State of Iowa 02030085-1\10422-221 STATE OF IOWA SS: DUBUQUE COUNTY CERTIFICATE OF PUBLICATION I, Kathy Goetzinger, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: 04/08/2022 and for which the charge is 34.58 Subscribed to before me, a Notary �ahc in and for Dubuque County, Iowa, this 8th day of April, 2022 r-- Notary Public in and for Dubuque County, Iowa. 'x L.-I SHARON WYEL.SORN C0,1M ii�sa,i0M NAUM61V &27408 'y Ca1m,m Exp. NOV 10, 2023 Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $5,800,000 GENERAL OBLIGATION URBAN RENEWAL BONDS OF THE CITY (FOR ESSENTIAL CORPORATE URBAN RENEWAL PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 18th day of April, 2022, at 6:30 P.M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $5,800,000 General Obligation Urban Renewal Bonds, for essential corporate urban renewal purposes, to provide funds to pay the costs of aiding in the planning, undertaking and carrying out of urban renewal projects under the authority of Chapter 403 and the Amended and Restated Urban Renewal Plan for the Dubuque Industrial Center Economic Development District such as those costs associated with the acquisition and development of industrial property. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa. 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 the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Chapters 384 and 403 of the Code of Iowa. Dated this 8th day of April, 2022. Adrienne N. Breitfelder City Clerk, City of Dubuque, State of Iowa It 4/8 Ahlers & Cooney, P.C. AHLERS COONEY Attorneys at Law 100 Court Avenue, Suite 600 A T T O R N E Y S Des Moines, Iowa 50309-2231 Phone: 515-243-7611 Fax: 515-243-2149 www.ahlerslaw.com Kristin B. Cooper 515.246.0330 kcooper@ahlerslaw.com April 4, 2022 VIA EMAIL Ms. Jenny Larson Budget Director City of Dubuque 50 West 13th Street Dubuque, Iowa 52001 Re: Hearing Resolutions for General Obligation Bonds Dear Jenny: We have now prepared proceedings to cover action on the day of the hearings for the above -mentioned general obligation bonds. As to the non -urban renewal essential corporate purpose portion of the issue, the proceedings are prepared to show as a first step the receipt of any oral or written objections from any resident or property owner to the proposed action of the Council to issue the Bonds. A summary of objections received or made, if any, should be attached to the proceedings. After all objections have been received and considered, if the Council decides not to abandon the proposal to issue the Bonds, a form of resolution follows that should be introduced and adopted, entitled "Resolution Instituting Proceedings to Take Additional Action for the Issuance of not to exceed $1,990,000 General Obligation Bonds." As to the general corporate purpose and urban renewal essential corporate purpose portions of the issue, the proceedings have been prepared on the basis that no petition will be filed asking that the question of issuing the Bonds be submitted to the qualified electors of the City. The proceedings refer to the fact that the hearing was held and that no petition had been filed. The Mayor will then declare the hearing on the issuance of the Bonds to be closed. Immediately following each hearing, a resolution is to be introduced and adopted taking additional action for the issuance. If a valid petition is filed, however, please notify us as soon as possible since the enclosed proceedings will have to be revised to cover the action taken by the Council in either abandoning the proposal to issue the Bonds or directing the County Commissioner to call a special election upon the question of issuing the Bonds. WISHARD & BAILY- 1888; GUERNSEY & BAILY- 1893; BAILY & STIPP - 1901; STIPP, PERRY, BANNISTER & STARZINGER- 1914; BANNISTER, CARPENTER, AHLERS & COONEY- 1950; AHLERS, COONEY, DORWEILER, ALLBEE, HAYNIE & SMITH - 1974; AHLERS, COONEY, DORWEILER, HAYNIE, SMITH & ALLBEE, P.C. -1990 April 4, 2022 Page 2 The Code of Iowa provides that any resident or property owner of the City may appeal the decision to take additional action to issue the Bonds to the District Court of a county in which any part of the City is located, within 15 days after such additional action is taken, but that the additional action is final and conclusive unless the court finds that the Council exceeded its authority. In the event an appeal is filed by any resident or property owner, please let us know as soon as possible. Please send one copy of each of the proceedings to our office. We would also appreciate electronic scans. If you have any questions pertaining to the procedure enclosed or the above - mentioned instructions, please don't hesitate to contact our office. Very truly yours, Ahlers & Cooney, P.C. Kristin Billingsley Cooper FOR THE FIRM KBC:seb Enclosures cc: Adrienne N. Breitfelder, City of Dubuque (via e-mail w/enc.) Trish Gleason, City of Dubuque (via e-mail w/enc.) Tionna Pooler, Independent Public Advisors (via e-mail w/enc.) 02030113-1\10422-221