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Proceedings to Set Public Hearing on October 6, 2025 for the Issuance of Not to Exceed $2,330,000 Water Revenue Capital Loan Notes (State Revolving Loan Fund Program) North English Road Water MainCity of Dubuque City Council Copyrighted September 15, 2025 ITEMS SET FOR PUBLIC HEARING # 4. ITEM TITLE: Proceedings to Set Public Hearing on October 6, 2025 for the Issuance of Not to Exceed $2,330,000 Water Revenue Capital Loan Notes (State Revolving Loan Fund Program) North English Road Water Main SUMMARY: City Manager recommending that a public hearing be set for October 6, 2025, on the issuance of a not to exceed $2,330,000 Water Revenue Capital Loan Notes, State Revolving Loan Fund Program, the proceeds of which will be used to fund the North English Road Water Main. RESOLUTION To fix a date for a public hearing on proposal to enter into a Water Revenue Loan and Disbursement Agreement and to borrow money thereunder in a principal amount not to exceed $2,330,000 SUGGUESTED Receive and File; Adopt Resolution(s), Set Public Hearing for DISPOSITION: October 6, 2025 ATTACHMENTS: 1. North English Road SRF Set Public Hearing_MVM memo_2025_09_09 2. North English Road SRF Set Public Hearing_Staff memo_2025_09_09 3. 1st Half Set Hrg Water Rev LDA (North English Rd) (Dubuque #26 2025)-v2 Page 751 of 1171 THE C DUUB-.'*-TE Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members Dubuque AII•Anerin City wvxsiw r w- i i 2007*2012.2013 2017*2019 FROM: Michael C. Van Milligen, City Manager SUBJECT: Proceedings to Set Public Hearing on October 6, 2025 for the Issuance of Not to Exceed $2,330,000 Water Revenue Capital Loan Notes (State Revolving Loan Fund Program) North English Road Water Main DATE: September 9, 2025 Chief Financial Officer Jennifer Larson recommends that a public hearing be set for October 6, 2025, on the issuance of a not to exceed $2,330,000 Water Revenue Capital Loan Notes, State Revolving Loan Fund Program, the proceeds of which will be used to fund the North English Road Water Main. 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 Chris Lester, Water Department Director Brian DeMoss, Finance Manager Page 752 of 1171 THE CITY OF DUB E Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager Dubuque All -America City I I., 2007 • 2012 • 2013 FROM: Jennifer Larson, Chief Financial Officer SUBJECT: Proceedings to Set Public Hearing on October 6, 2025 for the Issuance of Not to Exceed $2,330,000 Water Revenue Capital Loan Notes (State Revolving Loan Fund Program) North English Road Water Main DATE: September 9, 2025 INTRODUCTION The purpose of this memorandum is to provide suggested proceedings to set a public hearing on the issuance of not to exceed $2,330,000 Water Revenue Capital Loan Notes (State Revolving Loan Fund Program) North English Road Water Main. BACKGROUND The City of Dubuque is looking to address necessary improvements associated with its water distribution system. These improvements will address water resiliency, reduce bottlenecks, improve water storage and pumping at key locations throughout the community to support the existing customer base, and prepare the city for increased demands associated with the existing and new customers. The project will also assist the City's need to reduce and better manage dead-end water mains and other areas where the water age and water quality can suffer due to lack of circulation. Through the Request for Engineering Proposal process 2022, Origin Design was awarded the City -Wide Water Distribution System, Storage, and Pumping Improvements Project to complete design of the five improvements. Origin also prepared and assisted the City in securing an Iowa SRF Intended Use Plan (IUP) Application for the proposed improvements, and a P&D Loan. One of the five projects in the City -Wide Water Distribution System, Storage, and Pumping Improvements Project is the N. Cascade Road and SW Arterial Water Main Extension project that will bring water service to a portion of the SW Arterial and allow continued extensions, looping water main along the SW Arterial from US Highway 151/61 to US Highway 20 while also providing service between pressure zones and increasing water service reliance to the City's southern- and western -most customers. Page 753 of 1171 Origin Design has completed the plans for the installation of a 12-inch water main extension starting at Edval Lane on North Cascade Road south to the SW Arterial. At the intersection with the SW Arterial, the original project scope included a water main loop that would head east along the SW Arterial in the direction of Military Road toward Tamarack Industrial Park. The project scope was amended to include water main that would also head west along the SW Arterial to North English Road, then turning north along North English Road for approximately 1,100 feet. DISCUSSION The North English Road water main extension (at the west terminus of the Southwest Arterial water main extension) creates a path for a future loop and connection of Pressure Zone 3 and 4, when in later phases it can extend to English Mill Road and then south from there to the English Mill Pump Station. The SW Arterial water main extension (along with the North Cascade Road water main extension) creates an arterial water main loop that extends from the southwest end to the south end of Pressure Zone 3. The Southwest Arterial water main extension consists of a 16-in arterial water main connecting the end of the North English Road water main extension to the existing 16-in arterial water main located at the Tamarack Industrial Park. There will also be a tie-in mid -route to the 16-in arterial water main at Military Road. The proposed water main extension is planned to be located within existing roadway ROW with only one utility easement required along the entirety of the proposed water main route. The project will include the following: • Approximately 22,150 LF of 16-in water main with 30 buried butterfly valves • 24 fire hydrants, located at approximately 1,000-ft intervals, with 6-in DI leads and isolation gate valves • Two (2) creek/stream crossings including water valve manholes • Three (3) Bored Casings (approximately 650 LF) for 16-in Water Main at crossing of Military Road, North Cascade Road, and the Southwest Arterial. The North English Road and SW Arterial portions west of North Cascade Road were not part of the original IUP submitted and approved in 2022. The IUP was updated in November 2024 to include the costs associated with the revised scope. The estimated costs associated with the additional 1,100 LF of water main along North English Road are $305,000, and changes to the SW Arterial extension portion of the project are $1,580,000, totaling $1,885,000. The State Revolving Fund loan will have an interest rate of 3.12%, a maturity date of June 1, 2045, and will be abated from the water fund. ACTION TO BE TAKEN I respectfully recommend the adoption of the enclosed resolution fixing the date of October 6, 2025, for a public hearing on the proposed issuance not to exceed $2.33 million in Water Revenue Capital Loan Notes (State Revolving Loan Fund Program) for the North English Road Water Main. Page 754 of 1171 Attachments cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Brian DeMoss, Finance Manager Page 755 of 1171 DORSEY DORSEY+WHITNEY LLP September 9, 2025 VIA EMAIL Jenny Larson Chief Financial Officer Dubuque, Iowa Re: $2,330,000 SRF Water Revenue Loan and Disbursement Agreement File No. 430411-26 Dear Jenny: We have prepared and attach proceedings for use at the September 15, 2025, City Council meeting to set October 6, 2025, as the date for a hearing on the proposal to enter into the SRF Water Revenue Loan and Disbursement Agreement (the "Agreement") in connection with the North English Road Water Main Extension Project. The documents attached include the following items: 1. Resolution fixing the date of meeting at which it is proposed to take action to enter into the Agreement. The form of notice is set out in Section 2 of the resolution. 2. Attestation Certificate with respect to the validity of the transcript. Organization and Establishment Certificate. 4. Outstanding Debt Certificate with respect to the outstanding debt of the Water Utility. 5. Publication Certificate with respect to publication of the notice, to which must be attached the publisher's affidavit of publication with a clipping of the notice as published. The notice must be published at least once, not less than four (4) and not more than twenty (20) days before the meeting date set for the hearing, in a legal newspaper which has a general circulation in Dubuque. The last date on which this notice can be effectively published is October 2, 2025. to me. As soon as the notice appears in the newspaper, please have a copy scanned and emailed 8oi Grand Avenue I Suite 4100 1 Des Moines, IA 1 5o3og-800z 1 T 51-5.283.2-000 1 dorsey.conn Page 756 of 1171 Please return one fully executed copy of these proceedings to us as soon as they are available. Please call Emily Hammond or me if you have questions. Best regards, David D. Grossklaus John P. Danos Attachments cc: Crenna Bramwell Adrienne Breitfelder Eldon Schneider Christopher Lester Tionna Pooler Tony Toigo Lee Wagner DORSEY & WHITNEY LLP Page 757 of 1171 Dubuque / 430411-26 / V 1/x - Water Rev (North English) MINUTES TO SET DATE FOR HEARING ON ENTERING INTO A LOAN AND DISBURSEMENT AGREEMENT 430411-26 (N/I) Dubuque, Iowa September 15, 2025 The City Council of the City of Dubuque, Iowa, met on September 15, 2025, at 6:30 p.m., at the Historic Federal Building, 350 W. 6th St, Second Floor Council Chambers, Dubuque, Iowa. The Mayor presided and the roll was called showing the following members of the Council present and absent: Present: M or ayg11Q h; Gunc'.( Mern6rs FOk-yr, 50MC; Resnick , P10USse-5PfV' \' bk-k Absent: • • Other Business- - MOTION TO APPROVE RESOLUTION Council Member RoU55e ( I introduced the resolution hereinafter next set out and moved its adoption, seconded by Council Member Sprfxnl< ; and after due consideration thereof by the Council, the Mayor put the ques ion upon the adoption of the said resolution and the roll being called, the following named Council Members voted: Ayes: )Ones, CN'D'A2 h ReSn;ck, FOAEC RoUsS-1[, Lid ����. SPrnnK Nays: Whereupon, the Mayor declared the resolution duly adopted as follows: -1- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 43041 1-26 / 1"'/2 - Water Rev (North English) RESOLUTION NO. 304-25 Resolution to fix a date for a public hearing on proposal to enter into a Water Revenue Loan and Disbursement Agreement and to borrow money thereunder in a principal amount not to exceed $2,330,000 WHEREAS, the City of Dubuque (the "City"), in Dubuque County, State of Iowa, did heretofore establish a Municipal Waterworks Utility System (the "Utility") in and for the City which has continuously supplied water service in and to the City and its inhabitants since its establishment; and WHEREAS, the management and control of the Utility are vested in the City Council (the "Council") and no board of trustees exists for this purpose; and WHEREAS, pursuant to prior resolutions of the Council, the City has heretofore issued Water Revenue bonds or notes as set forth on attached outstanding debt certificate, and a portion of such prior Water Revenue debt remains outstanding (the "Outstanding Indebtedness"); and WHEREAS, pursuant to the resolutions relating to and authorizing the Outstanding Indebtedness (the "Outstanding Bond Resolutions") the City reserved the right to issue additional obligations payable from the net revenues of the Utility and ranking on a parity with the Outstanding Indebtedness under the terms and conditions set forth in the Outstanding Bond Resolutions; and WHEREAS, the City now proposes to enter into a Water Revenue Loan and Disbursement Agreement (the "Agreement") and to borrow money thereunder in a principal amount not to exceed $2,330,000, pursuant to the provisions of Section 384.24A of the Code of Iowa, for the purpose of paying the cost, to that extent, of planning, designing and constructing improvements and extensions to the Utility (the "Project'), and it is necessary to fix a date of meeting of the Council at which it is proposed to take action to enter into the Agreement and to give notice thereof as required by such law; NOW, THEREFORE, Be It Resolved by the City Council of the City of Dubuque, Iowa, as follows: Section 1. This City Council shall meet on October 6, 2025, at 6:30 p.m., at the Historic Federal Building, 350 W. 6ch St, Second Floor Council Chambers, at which time and place a hearing will be held and proceedings will be instituted and action taken to enter into the Agreement. Section 2. The City Clerk is hereby directed to give notice of the proposed action on the Agreement setting forth the amount and purpose thereof, the time when and place where the said meeting will be held, by publication at least once, not less than four (4) and not more than twenty (20) days before the meeting, in a legal newspaper which has a general circulation in the City. The notice shall be in substantially the following form: -2- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-26 / 1st % — Water Rev (North English) NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO ENTER INTO A LOAN AND DISBURSEMENT AGREEMENT IN A PRINCIPAL AMOUNT NOT TO EXCEED $2,330,000 (WATER REVENUE) The City Council of the City of Dubuque, Iowa, will meet on October 6, 2025, at 6:30 p.m., at the Historic Federal Building, 350 W. 6th St, Second Floor Council Chambers, for the purpose of instituting proceedings and taking action to enter into a loan and disbursement agreement (the "Agreement") and to borrow money thereunder in a principal amount not to exceed $2,330,000 for the purpose of paying the cost, to that extent, of planning, designing and constructing improvements and extensions to the Municipal Waterworks Utility System (the "Utility") of the City. The Agreement will not constitute a general obligation of the City, nor will it be payable in any manner by taxation but, together with the City's outstanding Water Revenue Indebtedness and any additional obligations of the City as may be hereafter issued and outstanding from time to time ranking on a parity therewith, will be payable solely and only from the Net Revenues of the Utility. At that time and place, oral or written objections may be filed or made to the proposal to enter into the Agreement. After receiving objections, the City may determine to enter into the Agreement, in which case, the decision will be final unless appealed to the District Court within fifteen (15) days thereafter. By order of the City Council of the City of Dubuque, Iowa. Adrienne Breitfelder City Clerk -3- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Page 760 of 1171 Dubuque / 430411-26 / P Y2 -Water Rev (North English) Section 3. Pursuant to Section 1.150-2 of the Income Tax Regulations (the "Regulations") of the Internal Revenue Service, the City declares (a) that it intends to undertake the Project which is reasonably estimated to cost approximately $2,330,000, (b) that other than (i) expenditures to be paid or reimbursed from sources other than the issuance of bonds, notes or other obligations (the "Bonds"), or (ii) expenditures made not earlier than 60 days prior to the date of this Resolution or a previous intent resolution of the City, or (iii) expenditures amounting to the lesser of $100,000 or 5% of the proceeds of the Bonds, or (iv) expenditures constituting preliminary expenditures as defined in Section 1.150-2(f)(2) of the Regulations, no expenditures for the Project have heretofore been made by the City and no expenditures will be made by the City until after the date of this Resolution or a prior intent resolution of the City, and (c) that the City reasonably expects to reimburse the expenditures made for costs of the City out of the proceeds of the Bonds. This declaration is a declaration of official intent adopted pursuant to Section 1.150-2 of the Regulations. Section 4. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Section 5. This resolution shall be in full force and effect immediately upon its adoption and approval, as provided by law. Passed and approved September 15, 2025. Mayor Attest: City Clerk • • Other Business- - On motion and vote, the meeting adjourned. Attest: City Clerk -4- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-26 / 1' %z - Water Rev (North English) ATTESTATION CERTIFICATE: STATE OF IOWA COUNTY OF DUBUQUE SS: CITY OF DUBUQUE I, the undersigned, City Clerk of the City of Dubuque, Iowa, do hereby certify that attached hereto is a true and correct copy of the proceedings of the City Council relating to fixing a date for hearing on the City Council's proposal to take action in connection with a Water Revenue Loan and Disbursement Agreement. WITNESS MY HAND this 16 day of SEn�, m1?, C /"' , 2025. City Clerk -5- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-26 / l"'/2 - Water Rev (North English) ORGANIZATION AND ESTABLISHMENT CERTIFICATE: STATE OF IOWA COUNTY OF DUBUQUE SS: CITY OF DUBUQUE I, the undersigned City Clerk, do hereby certify that the aforementioned City is organized and operating under the provisions of Title IX of the Code of Iowa and not under any special charter and that such City is operating under the Council -manager -ward form of government and that there is not pending or threatened any question or litigation whatsoever touching the incorporation of the City, the inclusion of any territory within its limits or the incumbency in office of any of the officials hereinafter named. And I do further certify that the following named parties are officials of the City as indicated: Brc\J 6g m!y ,a k , Mayor micho'et Vcv, I' Il-lI nefl , City Manager Je(it);fer Lo�r,,Soli , Chief Financial Officer Mr,'P-inar- Bre; Feldpr ,City Clerk 7enr1i ffr Lorscll , City Treasurer Manny -5prgnK , Council Member/Mayor Pro Tem Susan Far'kCI- , Council Member Lau rC\ Ro u 5 x 11 , Council Member D -11\V I d �I e 5 n J , Council Member R; C, Jon C5 , Council Member OJ4 W40,1 , Council Member And I do further certify that the City has provided for the office of Treasurer, and the Council has selected the Treasurer. I further certify that the City established the Municipal Waterworks Utility System (the "Utility") prior to January 1, 1961, and that the Utility has been in continuous operation by the City since its establishment as aforesaid in supplying water service to the City and its inhabitants. -6- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-26 / 1"'/z - Water Rev (North English) I further certify that the management and control of the Utility are vested in the City Council of the City, and that no board of trustees exists which has any part of the control and management of such Utility. WITNESS W HAND this !64'l'day of Sp}P-0) Cr 92025. City Clerk -7- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-26 / I"'/2 - Water Rev (North English) OUTSTANDING DEBT CERTIFICATE: STATE OF IOWA COUNTY OF DUBUQUE SS: CITY OF DUBUQUE I, the undersigned, City Clerk of the City of Dubuque, Iowa (the "City"), do hereby certify that the City has no bonds or other obligations of any kind now outstanding which are secured by and payable from the revenues derived from the operation of the Municipal Waterworks Utility System (the "Utility"), except as follows: Principal Amount Date Tvne Outstandinf; Maturity 08/18/21 Revenue Bond $2,055,000.00 6/1/2030 10/18/07 SRF Revenue $177,000.00 6/1/2028 02/12/10 SRF Revenue $19172,000.00 6/1/2031 12/01/16 SRF Revenue $5,804,000.00 6/1/2036 08/09/19 SRF Revenue $3,445,000.00 6/1/2040 01/07/22 SRF Revenue $541,098.36 6/1/2047 09/12/25 SRF Revenue $9,705.00 6/1/2045 (Attach here a separate sheet listing any outstanding obligations of the City secured by and payable from the revenues of the Utility, excluding the proposed issue.) WITNESS MY HAND this +h day of ��p In�e,/` , 2025. City Clerk -1- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-26 / 151 /z - Water Rev (North English) PUBLICATION CERTIFICATE: STATE OF IOWA COUNTY OF DUBUQUE SS: CITY OF DUBUQUE I, the undersigned, City Clerk of the City of Dubuque, Iowa, do hereby certify that pursuant to the resolution of its City Council fixing a date of meeting at which it is proposed to take action to enter into a loan and disbursement agreement, the notice, of which the printed slip attached to the publisher's affidavit hereto attached is a true and complete copy, was published on the date and in the newspaper specified in such affidavit, which newspaper has a general circulation in the City. WITNESS MY HAND this i `J +� day of D C4c/- , 2025. City Clerk (Attach here the publisher's original affidavit with clipping of the notice, as published.) -9- DORSEY & WHITNEY LLP, ATTORNEYS, DES MINES, IOWA 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: 09/19/2025 and for which the charge is 32.12 Dubuque County, Iowa, this 19th day of September, 2025 Notary lic in and for Dubuque ounty, Iowa. Elm APEber 199659 Expires 25 Ad text : CITY OF DUBUQUE, IOWA OFFICIAL NOTICE NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO ENTER INTO A LOAN AND DISBURSEMENT AGREEMENT IN A PRINCIPAL AMOUNT NOT TO EXCEED $2,330,000 (WATER REVENUE) The City Council of the City of Dubuque, Iowa, will meet on October 6, 2025, at 6:30 p.m., at the Historic Federal Building, 350 W. 6th St, Second Floor Council Chambers, for the purpose of instituting proceedings and taking action to enter into a loan and disbursement agreement (the ?Agreement?) and to borrow money thereunder in a principal amount not to exceed $2,330,000 for the purpose of paying the cost, to that extent, of planning, designing and constructing improvements and extensions to the Municipal Waterworks Utility System (the ?Utility?) of the City. The Agreement will not constitute a general obligation of the City, nor will it be payable in any manner by taxation but, together with the City's outstanding Water Revenue Indebtedness and any additional obligations of the City as may be hereafter issued and outstanding from time to time ranking on a parity therewith, will be payable solely and only from the Net Revenues of the Utility. At that time and place, oral or written objections may be filed or made to the proposal to enter into the Agreement. After receiving objections, the City may determine to enter into the Agreement, in which case, the decision will be final unless appealed to the District Court within fifteen (15) days thereafter. By order of the City Council of the City of Dubuque, Iowa. Adrienne Breitfelder City Clerk It 9/19