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Issuance of Not to Exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) – Water & Resource Recovery Center Industrial Controls ProjectCity of Dubuque City Council PUBLIC HEARINGS # 4. Copyrighted August 3, 2026 ITEM TITLE: Public Hearing for the Issuance of Not to Exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project SUMMARY: Proof of publication on notice of public hearing to consider City Council approve the issuance of not to exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project, and City Manager recommending approval. RESOLUTION Taking additional action on proposal to enter into a Sewer Revenue Loan and Disbursement Agreement SUGGUESTED Receive and File; Adopt Resolution(s) DISPOSITION: ATTACHMENTS: 1. WRRC Industrial Controls SRF Public Hearing_MVM Memo_2026_07_28 2. WRRC Industrial Controls SRF Public Hearing_Staff memo_2026_07_28 3. 2nd Half Hrg Only Sewer Rev LDA (WRRC Ind Ctrls) (Dubuque #22 2026)-v1 Page 1168 of 1281 THE C DUUB--'*--TE Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members Dubuque All-Anerin City I II 2007.2012.2013 2017*2019 FROM: Michael C. Van Milligen, City Manager SUBJECT: Public Hearing for the Issuance of Not to Exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project DATE: July 28, 2026 Chief Financial Officer Jennifer Larson recommends that a public hearing be held on the issuance of not to exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project. The State Revolving Fund loan will have a variable interest rate of 2.85% plus a servicing fee of 0.25%, a twenty-year term, and will be abated from the sanitary sewer fund. The proceedings have been 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 authorize the form of Loan and Disbursement Agreement and issue the Notes to the Iowa Finance Authority. 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 to enter into the Agreement and issue the Notes, a form of resolution follows that should be introduced and adopted, entitled "Resolution taking additional action on proposal to enter into a Sewer Revenue Loan and Disbursement Agreement." In the event the Council decides to abandon the proposal, then the form of resolution included in said proceedings should not be adopted. In this event, a motion merely be adopted to the effect that such proposal is abandoned. Page 1169 of 1281 I concur with the recommendation and respectfully request Mayor and City Council approval. �� k�4 ��. Michael C. Van Milligen MCVM/jml Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Jennifer Larson, Chief Financial Officer Gus Psihoyos, City Engineer Brian DeMoss, Finance Manager Laura Bendorf, Budget Manager Page 1170 of 1281 THE CITY OF DUB E Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Chief Financial Officer Dubuque AI -America City II 2007 • 2012 •2013 SUBJECT: Public Hearing for the Issuance of Not to Exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project DATE: July 28, 2026 INTRODUCTION This memorandum requests the City Council to conduct a public hearing on the issuance of a not to exceed Setting a Public Hearing for the Issuance of Not to Exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project. BACKGROUND The Water & Resource Recovery Center (WRRC) is a critical part of Dubuque's public infrastructure, providing wastewater treatment services for residential, commercial, and industrial users throughout the region. The facility underwent a major upgrade in 2013, which included the installation of automated control systems that act as the `brains' of the WRRC across multiple buildings, telling treatment equipment when to turn on, off, or adjust, while also monitoring overall performance. Following the COVID-19 pandemic, the WRRC's control equipment began to face unexpected challenges. Global supply chain disruptions caused manufacturers to shift their limited resources away from supporting older equipment models into their new product lines. As a result, many electrical components that would typically remain supported for 20 years or more were prematurely discontinued. This has made it increasingly difficult, and in some cases impossible, to find replacement parts for key control systems. To address this issue, a multi -phase capital improvement project was developed to modernize the WRRC's control systems. Funding for the Industrial Controls Upgrade project [4381500017] was approved by the City Council as part of the Fiscal Year 2025 budget. The total project cost was originally Page 1171 of 1281 estimated to be $3 million and was to be funded over three years through a combination of Sanitary Sewer Construction Funds and State Revolving Fund loans. In September 2025, the City Council adopted Resolution 303-25, authorizing the public bidding process and setting a public hearing on the plans, specifications, form of contract, and estimated cost for the 2025 Water & Resource Recovery Center MCC Communications and PLC Upgrades project (Project). DISCUSSION The Industrial Controls Upgrade project will be implemented in multiple phases to ensure continuity of operations and minimize disruption to critical treatment processes. Each phase will target a subset of buildings, allowing for a controlled transition to modern control infrastructure while maintaining full facility functionality. Phase I, the 2025 Water & Resource Recovery Center MCC Communications and PLC Upgrades (Project), will focus on Building 10 (Headworks) and Building 75 (Solids Handling). These buildings were prioritized due to the complexity of their control systems, and the critical nature of their processes. Notably, Building 75 contains the largest number of electrical control components at the WRRC. Replacing this equipment early addresses a high -priority area and also creates an opportunity to salvage the functional legacy components which can be used in the event of electrical control failure in other buildings before their scheduled upgrades. The project construction work will span nearly two years from bid opening to final acceptance. After the contract award, the contractor will prepare and submit shop drawings for engineer review. Once approved, the contractor will order the electrical control equipment which has a long lead time. Delivery of the electrical control components is not expected until late 2026, with installation, testing, and commissioning continuing into mid- 2027. The State Revolving Fund loan will have a variable interest rate of 2.85% plus a servicing fee of 0.25%, a twenty-year term, and will be abated from the sanitary sewer fund. ACTION TO BE TAKEN I respectfully request the City Council conduct a public hearing for the proposed issuance not to exceed $2,663,000 Sewer Revenue Capital Loan Notes (State Revolving Loan Fund Program) — Water & Resource Recovery Center Industrial Controls Project. Attachments cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Brian DeMoss, Finance Manager Laura Bendorf, Budget Manager Page 1172 of 1281 DO R S EY DORSEY+WHITNEY LLP July 28, 2026 VIA EMAIL Jenny Larson Chief Financial Officer Dubuque, Iowa Re: $2,663,000 SRF Sewer Revenue Loan and Disbursement Agreement Our File No. 430411-22 Dear Jenny: We have prepared and attach proceedings for the August 3, 2026, City Council meeting related to the public hearing and additional action on the Sewer Revenue Loan and Disbursement Agreement (the "Agreement") in connection with the 2025 Water & Resource Recovery Center MCC Communication and PLC Upgrades Project. The proceedings attached include the following items: 1. Minutes of the meeting covering the public hearing, followed by the resolution taking additional action in connection with the Agreement. This resolution simply sets forth the City Council's determination to enter into the Agreement in the future, and its adoption constitutes the "additional action" required by the Iowa Code. 2. Attestation Certificate with respect to the validity of the transcript. On August 3, 2026, the City Council should meet as scheduled and hold the hearing on its intention to enter into the Agreement. The minutes as drafted assume that no objections will be filed or made. Please return one fully executed copy of these proceedings to our office as soon as possible. Please call me if you have questions. Best regards, David D. Grossklaus John P. Danos Attachments cc: Crenna Brumwell Adrienne Breitfelder Deron Muehring Tionna Pooler Tony Toigo Lee Wagner Yolanda Attaway 8o3. Grand Avenue I Suite 4i00 I Des Moines, IA 150309-8002 IT 53-5.283.3-000 I dorsey.com Page 1173 of 1281 Dubuque / 430411-22 / 2nd'/2 Hrg Only Sewer Rev (WRRC Ind Ctrls) (Hearing — Sewer Revenue) 430411-22 Dubuque, Iowa August 3, 2026 The City Council of the City of Dubuque, Iowa, met on August 3, 2026, at 6:30 p.m., at the Historic Federal Building, 350 W. 61h St, Second Floor Council Chambers, Dubuque, Iowa. The meeting was called to order by the Mayor, and the roll was called showing the following members of the Council present and absent: Present: Absent: bunclI Mcm6rs Le • • Other Business- - PUBLIC HEARING kc j ResP1 A+ DillsO 5prank' This being the time and place specified for holding the public hearing and taking action on the proposal to enter into a Sewer Revenue Loan and Disbursement Agreement, the City Clerk announced that no written objections had been placed on file. Whereupon, the Mayor called for any written or oral objections, and there being none, the Mayor declared the public hearing closed. MOTION TO APPROVE RESOLUTION After due consideration and discussion, Council Member Wei ' J introduced the following resolution and moved its adoption, seconded by Council Member �Cusse `l . The Mayor put the question upon the adoption of said resolution, and the roll being called, the following Council Members voted: Ayes: RCsr?A, tiek'i' �! Nays: ke.r 5kcwer, &,Vwllnh RDu Whereupon, the Mayor declared the resolution duly adopted, as follows: DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-22 / 2nd %: Hrg Only Sewer Rev (W RRC Ind Ctrls) RESOLUTION NO. 301-26 Resolution taking additional action on proposal to enter into a Sewer Revenue Loan and Disbursement Agreement WHEREAS, the City of Dubuque (the "City"), in Dubuque County, State of Iowa, did heretofore establish a Municipal Sanitary Sewer System (the "Utility") in and for the City which has continuously supplied sanitary sewer 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 Sewer Revenue bonds or notes as set forth in prior proceedings of the Council, and a portion of such prior Sewer 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 has heretofore proposed to contract indebtedness and enter into a certain Sewer Revenue Loan and Disbursement Agreement (the "Agreement') and to borrow money thereunder in a principal amount not to exceed $2,663,000, pursuant to the provisions of Section 3 84.24A 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, and has published notice of the proposed action and has held a hearing thereon on August 3, 2026; NOW, THEREFORE, Be It Resolved by the City Council of the City of Dubuque, Iowa, as follows: Section 1. The City Council hereby determines to enter into the Agreement in the future and orders that Sewer Revenue Bonds be issued at such time in evidence thereof. The City Council further declares that this resolution constitutes the "additional action" required by Section 384.24A of the Code of Iowa. Section 2. All resolutions or parts thereof in conflict herewith are hereby repealed, to the extent of such conflict. -2- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-22 / 2nd '/z Hrg Only Sewer Rev (WRRC Ind Ctrls) Section 3. This resolution shall be in full force and effect immediately upon its adoption and approval, as provided by law. Passed and approved August 3, 2026. Mayor Attest: City Clerk - - Other Business- - On motion and vote, the meeting adjourned. Mayor Attest: City Clerk -3 - DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Dubuque / 430411-22 / 2nd'A Hrg Only Sewer Rev (WRRC Ind Ctrls) ATTESTATION CERTIFICATE: STATE OF IOWA DUBUQUE COUNTY SS: CITY OF DUBUQUE I, the undersigned, City Clerk of the City of Dubuque, do hereby certify that attached hereto is a true and correct copy of the proceedings of the City Council relating to the hearing on the City Council's intention to enter into a Sewer Revenue Loan and Disbursement Agreement in a principal amount not to exceed $2,663,000. WITNESS MY HAND this day of U - Ids , 2026. City Clerk -4- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, 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: 07/24/2026 and for which the charge is 32.12 Subscribed to before me, a Notary Pub is in and for Dubuque County, Iowa, this 28th day of July, 2026 Notary P lic in and for Dubuque Count , Iowa. JANET K. PAPE z° r Commission Number 199659 My Commission Expires /ow* 12/11/2028 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 $2,663,000 (SEWER REVENUE) The City Council of the City of Dubuque, Iowa, will meet on August 3, 2026, at 6:30 p.m., at the Historic Federal Building, 350 W. 6th St, Second Floor Council Chambers, Dubuque, Iowa, 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 $2,663,000 for the purpose of paying the cost, to that extent, of planning, designing and constructing improvements and extensions to the Municipal Sanitary Sewer 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 Sewer 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 I t 7/24