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11 19 12 City Council Proceedings Official_RegularCITY OF DUBUQUE, IOWA CITY COUNCIL PROCEEDINGS REGULAR SESSION OFFICIAL The Dubuque City Council met in regular session at 6:30 p.m. on November 19, 2012 in the Historic Federal Building, 350 W. 6th Street. Present: Mayor Buol; Council Members Braig, Connors, Lynch, Resnick, Sutton; City Manager Van Milligen, City Attorney Lindahl Absent: Council Member Jones Mayor Buol read the call and stated this is a regular session of the City Council called for the purpose of conducting such business that may properly come before the City Council. PLEDGE OF ALLEGIANCE MOMENT OF SILENCE May the spirit of wisdom keep our hearts and minds open as we endeavor to serve the common good. PRESENTATION(S) City of Townsville, Queensland, Australia: Mayor Jenny Hill and Integrated Sustaina- bility Services Executive Manager Greg Bruce presented the City Council with a plaque of the Seal of Townsville, and Mayor Buol presented Ms. Hill and Mr. Bruce with a copy of Dr. Abdul Sinno's book Scenic Treasures of the Midwest. 1000 Friends of Iowa - 2012 Best Development Awards: Planning Services Laura Carstens presented the 2012 Best Development Awards from the 1000 Friends of Iowa for the Historic Millwork District Complete Streets Project (New Civic Project) and Riverworks Development (Mixed Use Project). CONSENT ITEMS Motion by Lynch to receive and file the documents, adopt the resolutions, and dis- pose of as indicated with exception to item #7. Seconded by Braig. Attorney Art Gilloon requested ( #7) Partial Release of Mortgage - Davis be removed from the agenda. Mo- tion carried 6 -0. Minutes and Reports Submitted: City Council proceedings of 11/5, Civic Center Advi- sory Commission of 7/23, Investment Oversight Advisory Commission of 10/24, Safe Community Advisory Committee of 9/12, Zoning Advisory Commission of 11/7, Zoning Board of Adjustment of 10/25, Proof of Publication for City Council proceedings of 10/15. Upon motion the documents were received and filed. Notice of Claims and Suits: Lyle Christopherson for vehicle damage. Upon motion the documents were received, filed and referred to the City Attorney. Preferred Health Choices - Administrative Services Amendment V: City Manager recommending approval to increase the monthly administrative services fee; to approve Amendment V of the Administrative Services Agreement with Health Choices to provide COBRA administration, payment collection and distribution of the certificates of credible coverage services; and authorize the City Manager to sign the amendment. Upon mo- tion the documents were received, filed and approved. Total Administrative Services Corporation (TASC) - Approval of Renewal Rates: City Manager recommending approval of the administrative services fee of Total Administra- tive Services Corporation (TASC), the City's flexible spending plan administrator, effec- tive January 1, 2013, through December 31, 2015. Upon motion the documents were received, filed and approved. 2012 Weed, Junk, and Garbage Assessments: City Manager is recommending the levy of special assessments for the Weed /Junk/Garbage Enforcement Programs for the period from March 2012 to October 30, 2012. Upon motion the documents were re- ceived and filed and Resolution No.310 -12 Adopting the Schedule of Assessments for 2012 and directing the City Clerk to certify the Schedule of Assessments to the County Treasurer and to publish notice thereof was adopted. RESOLUTION NO. 310 -12 ADOPTING THE SCHEDULE OF ASSESSMENTS FOR 2012 AND DIRECTING THE CITY CLERK TO CERTIFY THE SCHEDULE OF ASSESSMENTS TO THE COUNTY TREASURER AND TO PUBLISH NOTICE THEREOF NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: That after full consideration of the Schedule of Assessments attached hereto for weed /grass cutting and junk /garbage removal tax assessments which Schedule of As- sessments was filed in the office of the City Clerk on the 15th of November, 2012 the said Schedule of Assessments be and the same is hereby approved and adopted. That there be, and is hereby assessed and levied as a lien upon the real property, the respective sums indicated. That the City Clerk be and is hereby directed to certify said schedule to the County Treasurer of Dubuque County, Iowa, and to publish notice of said certification once each week for two consecutive weeks in the manner provided in Iowa Code § 362.3, the first publication of which shall be not more than fifteen days from the date of filing of the final schedule. On or before the date of the second publication of the notice, the City Clerk shall also mail a copy of said notice to property owners whose property is subject to assessment, as provided and directed in Iowa Code § 384.60. The assessments may be paid in full or in part without interest at the Utility Billing Of- fice, City Hall, 50 W. 13th Street, Dubuque, Iowa, at any time within 30 days after the date of the first publication of the notice of the filing of the Schedule of Assessments with the County Treasurer. After 30 days, unpaid assessments are payable at the Coun- ty Treasurer's Office, Dubuque County Courthouse, 720 Central Avenue, Dubuque, Io- wa, and charges shall be collected in the same manner as general property taxes against the respective parcels of the property set opposite the name of the property 2 owner. Passed, approved and adopted this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin Firnstahl, City Clerk Schedule of Assessments 2012 Weed, Junk, and Garbage Assessments Property Address, Owner, Parcel #, Expense, Admin. Fee, Infraction: 2721 Elm St, Travis Kaiser & Kendra Chapman, 1013182023, $130.00, $25.00, Gar- bage /Junk 2721 Elm St, Travis Kaiser & Kendra Chapman, 1013182023, $140.00, $25.00, Gar- bage /Junk 2539 Jackson, Fern Wall Trust 1304 South Sheffield Court Carol Stream IL 60188, 1013334012, $145.00, $25.00, Garbage 2040 Avalon, Robert & Mindy Swift, 1022333008, $120.00, $25.00, Garbage /Junk 1005 Victoria, Andrea Berman Admiral Blvd #221 Kansas City MO 64106 -1582, 1036157013, $70.00, $25.00, Weeds /grass 2711 Jackson, National Advantage Mortgage PO Box 919000 Des Moines IA 50309, 1013309009, $32.00, $25.00, Weeds /grass Vacant Lot 800 Block Air Hill, Louis George Mihalakis 1212 Miller Rd. Dubuque IA 52003, 1025130011, $42.00, $25.00, Weeds /grass 995 Clark Dr., Gretta Wallace, 1023209016, $400.00, $25.00, Weeds /grass /brush 1335 Glen Oak, Oliver & Patricia Kringle, 1023482011, $32.00, $25.00, Weeds /grass Lost at corner of N Grandview & Kaufmann, Steve Haggerty 250 State St Dubuque IA 52003, 1014376020 and 1014376021, $70.00, $25.00, Weeds /grass 1523 Adair, Travis Nelson & Corrine Hinderman 1725 Delhi Dubuque IA 52001, 1023459008, $32.00, $25.00, Weeds /grass 1070 Melrose Terrace, Dena Kurt, 1025155004, $52.00, $25.00, Weeds /grass /hedge and tree trim 2984 Jackson, The Ruth F Wolfer Revocable Trust 4629 Cass St Suite 72 San Diego CA 92109, 1013154002, $27.00, $25.00, Weeds /grass 24 Lindberg Terrace, Robert Curth, 1013428011, $32.00, $24.00, Weeds /grass 995 Clarke Dr, Gretta Wallace, 1023209016, $165.00, $25.00, Weeds /grass 2170 Deborah Dr, Jason & Jody McCarty, 1022182004, $47.00, $25.00, Junk /garbage /yard waste 1997 Ellen, Jere & Tammy Gardner, 1021331016, $225.00, $25.00, Weeds /grass Lot next to 2877 N Grandview, North Grandview Estates LLC 13912 Whistaewind LN Dubuque IA 52002, 1014155035, $52.50, $25.00, Weeds N Grandview & W 32nd, North Grandview Estates LLC 13912 Whistaewind LN Dubuque IA 52002, 1014155001, $836.06, $25.00, Weeds /junk N Grandview & W 32nd, North Grandview Estates LLC 13912 Whistaewind LN Dubuque IA 52002, 1014155001, $90.00, $25.00, Weeds 1203 Rhomberg Ave, Rob Coker, 11187310023, $70.00, $25.00, Weeds /garbage /junk 995 Clarke Dr, Gretta Wallace, 1023209016, $45.00, $25.00, Weeds 2431 Jackson, James Curiel C/O Richard Curiel Jr., 1013379025, $155.00, $25.00, Weeds 3 Fiscal Year 2012 Annual Financial Report: City Manager recommending approval of the City of Dubuque's Fiscal Year 2012 Annual Financial Report. Upon motion the doc- uments were received, filed and approved. Partial Release of Mortgage — Davis: City Manager recommending approval of a par- tial release of a mortgage executed by Bryce S. Davis and Cynthia J. Davis to the City of Dubuque Housing and Community Development Department. Upon motion this item was removed from the agenda. Federal Emergency Management Agency (FEMA) - Technical Appeal: City Manager recommending approval of the City of Dubuque's technical appeal of FEMA's revised floodplain maps. Upon motion the documents were received, filed and approved. Iowa Department of Transportation Grant Agreement - Mines of Spain Trail and Trailhead: City Manager recommending approval of an agreement with the Iowa De- partment of Transportation for a State Recreational Trails grant for development of the Mines of Spain Trail and Trailhead Project. Upon motion the documents were received and filed and Resolution No. 311 -12 Authorizing State Recreational Trails Grant Agreement with Iowa Department of Transportation for development of the Mines of Spain Trail and Trailhead was adopted. RESOLUTION NO. 311 -12 AUTHORIZING STATE RECREATIONAL TRAILS GRANT AGREEMENT WITH IOWA DEPARTMENT OF TRANSPORTATION FOR DEVELOPMENT OF THE MINES OF SPAIN TRAIL AND TRAILHEAD Whereas, the Iowa Department of Transportation has awarded grant funds from the State Recreational Trails Program for the development of the Mines of Spain Trail and Trailhead; and Whereas, the City of Dubuque has adopted the 2008 Comprehensive Plan which in- cludes objectives for enhanced accessibility for parks, trails, and open space, protection of scenic and cultural resources, and development of additional recreational trails. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The Mayor hereby is authorized to sign the grant agreement with the Iowa Department of Transportation for a State Recreational Trails grant for the Mines of Spain Trail and Trailhead project. Section 2. That the City Council hereby provides its written assurance that the com- pleted project will be adequately maintained for its intended use in accordance with state requirements. Passed, approved and adopted this 19th day of November 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Plat of Survey - McNamer Acres #4: Zoning Advisory Commission recommending approval of the Plat of Survey for McNamer Acres #4 (1600 Block of Old Mill Road) sub- ject to waiving the lot frontage requirement for Lot 1. Upon motion the documents were received and filed and Resolution No. 312 -12 Approving the Plat of Survey of McNamer Acres #4 in the City of Dubuque, Iowa, was adopted. 4 RESOLUTION NO. 312 -12 APPROVING THE PLAT OF SURVEY OF MCNAMER ACRES #4 IN THE CITY OF DUBUQUE, IOWA Whereas, there has been filed with the City Clerk a Plat of Survey of McNamer Acres #4 in the City of Dubuque, Iowa; and Whereas, said Plat of Survey provides 0 feet of frontage for Lot 1 on a public or ap- proved private street, where street frontage is required by Section 11 -14 of Title 16 of the City of Dubuque Code of Ordinances, Unified Development Code; and Whereas, said Plat of Survey has been examined by the Zoning Advisory Commis- sion and had its approval endorsed thereon; and Whereas, said Plat of Survey has been examined by the City Council and they find that it conforms to the statues and ordinances relating thereto. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That Section 11 -14 of Title 16 of the City of Dubuque Code of Ordinances, Unified Development Code, is waived to allow 0 feet of frontage on a public street or an approved private street for Lot 1. Section 2. That the Plat of Survey of NcNamer Acres #4 is hereby approved and the Mayor and City Clerk are hereby authorized and directed to endorse the approval of the City of Dubuque, Iowa upon said Plat of Survey. Passed, approved and adopted this 19th day of November 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Port of Dubuque Watermain Extension Project - Canadian Pacific Railroad Agree- ment: City Manager recommending approval of a Utility Crossing Permit with the Cana- dian Pacific Railroad to allow for the construction of the Port of Dubuque Watermain Ex- tension Project. Upon motion the documents were received, filed and approved. PEG Capital Expenditure Request: City Manager recommending approval of the Ca- ble TV Commission's request for up to $15,000 from the Public, Educational, and Gov- ernment (PEG) Capital Grant for Access Equipment and Facilities to purchase produc- tion equipment, including a camera, tripod, lights, accessories, editing computer, and software for Sageville School. Upon motion the documents were received, filed and ap- proved. Workers' Compensation Compromise Settlement Agreements: City Attorney recom- mending approval of three Compromise Settlement Agreements regarding the Randall Koster Workers' Compensation claims that were filed against the City of Dubuque. Upon motion the documents were received, filed and approved. Multi - Family Rental Unit New Production - Round 5: City Manager recommending approval for City Staff, along with ECIA, to work with area developers for submittal of CDBG Multi - Family Rental Unit Production - Round 5 applications, and to narrow the field to the most competitive applications. Upon motion the documents were received, filed and approved. Improvement Contracts / Performance, Payment and Maintenance Bonds: Giese Manufacturing for the Historic White Water Creek Bridge Restoration Project Phase 5 - 5 Fencing; Tschiggfrie Excavating, Inc. for the Port of Dubuque Watermain Extension Pro- ject. Upon motion the documents were received, filed and approved. Alcohol and Tobacco License Applications: City Manager recommending approval of annual liquor, beer, wine and tobacco licenses applications as submitted. Upon motion the documents were received and filed and Resolution No.313 -12 Approving applica- tions for beer, liquor, and /or wine permits, as required by City of Dubuque Code of Ordi- nances Title 4 Business and License Regulations, Chapter 2 Liquor Control, Article B Liquor, Beer and Wine Licenses and Permits; and Resolution No. 314 -12 Approving ap- plications for retail cigarette /tobacco sales permits, as required by Iowa Code 453A.47A were adopted. RESOLUTION NO. 313 -12 APPROVING APPLICATIONS FOR BEER, LIQUOR, AND /OR WINE PERMITS, AS REQUIRED BY CITY OF DUBUQUE CODE OF ORDINANCES TITLE 4 BUSINESS AND LICENSE REGULATIONS, CHAPTER 2 LIQUOR CONTROL, ARTICLE B LIQ- UOR, BEER AND WINE LICENSES AND PERMITS Whereas, applications for Beer, Liquor, and or Wine Permits have been submitted and filed with the City Council for approval and the same have been examined and ap- proved; and Whereas, the premises to be occupied by such applicants were inspected and found to comply with the Ordinances of the City and the applicants have filed the proper fees and bonds and otherwise complied with the requirements of the Code of Ordinances. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City Clerk is hereby authorized and directed to cause to be issued the following named applicants and permit types. Renewals The Bridge Restaurant Hotel Julien Dubuque Iowa Street Market Inc. Kwik Stop Food Mart Aragon Tap Inc. Grand Harbor Resort & Water Park New Ichiban Hibachi Steak- house & Sushi Bar 31 Locust St. 200 Main St. 1256 Iowa St. 2320 Hwy 61 1103 Iowa St. 350 Bell St. 3187 University Ave. Class C Liquor (Sunday) Class B Liquor (Hotel /Motel) (Sunday) (Out- door) Class E Liquor, Class C Beer, Class B Wine (Carryout Wine and Beer) (Sunday) Class C Beer, Class B Native Wine (Sunday) Class C Liquor (Sunday) Class B Liquor (Hotel /Motel) (Catering) (Out- door) (Sunday) Special Class C Liquor, Class B Native Wine (Beer/Wine) (Sunday) Passed, approved and adopted this 19th day of November, 2012 Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk RESOLUTION NO. 314 -12 APPROVING APPLICATIONS FORRETAIL CIGARETTE /TOBACCO SALES PER- MITS, AS REQUIRED BY IOWA CODE 453A.47A. 6 Whereas, applications for Cigarette /Tobacco Sales have been submitted and filed with the City Council for approval and the same have been examined and approved; and Whereas, the premises to be occupied by such applicants were inspected and found to comply with the Ordinances of the City and the applicants have filed the proper fees and otherwise complied with the requirements of the Code of Ordinances. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City Clerk is hereby authorized and directed to cause to be issued the following named applicants and locations for cigarette /tobacco sales permit: Party Time Gift Creations, LLC, 1101 Main St., Dubuque, IA. 52001 Passed, approved and adopted this 19t day of November, 2012. Roy Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk ITEMS TO BE SET FOR PUBLIC HEARING Motion by Connors to receive and file the documents, adopt the resolutions, set the public hearings as indicated, and direct the City Clerk to publish notice as prescribed by law. Seconded by Resnick. Motion carried 6 -0. Code of Ordinances - Residential Parking Permit District Amendment: City Manager recommending that a public hearing be set for December 3, 2012 to consider a Resi- dential Parking Permit District Amendment on Marjorie Circle from Pennsylvania Ave- nue to Amy Court , Amy Court from Marjorie Circle to northern terminus, and Lucy Drive from Pennsylvania Avenue to Welu Drive. Upon motion the documents were received, filed and a public hearing was set for a meeting to commence at 6:30 p.m. on Decem- ber 3, 2012 in the Historic Federal Building. BOARDS /COMMISSIONS Appointments were made to the following Boards and Commissions: Civic Center Advisory Commission: One 3 -year term through June 29, 2013 (Vacant term of Fields). Applicants: McKenzie R. Hill, 394 1/2 Bluff St. #2; and Jeff Lenhart, 1711 Clarke Dr. Upon roll call vote of 6 -0, McKenzie Hill was appointed to the Civic Center Advisory Commission for a 3 -year term through June 29, 2013. Environmental Stewardship Advisory Commission: One 3 -year term through October 1, 2015 (Expired term of Walter). Applicants: David Koch, 1950 Admiral St.; and Gina Makris, 166 Bluff St. Upon roll call vote of 5 -1 (Sutton voting for Makris), David Koch was appointed to the Environmental Stewardship Advisory Commission for a 3 -year term through October 1, 2015. Human Rights Commission: One 3 -year term through January 1, 2015 (Vacant term of Krey). Applicant: Jeff Lenhart, 1711 Clarke Dr. Motion by Braig to appoint Jeff Len - hart to the Human Rights Commission for a 3 -year term through January 1, 2015. Se- conded by Lynch. Motion carried 6 -0. Investment Oversight Advisory Commission: One 3 -year term through July 1, 2015 (Vacant term of King). Applicant: Rick Runde, 1034 Barbaralee Dr. Motion by Lynch to appoint Rick Runde to the Investment Oversight Advisory Commission for a 3 -year term through July 1, 2015. Seconded by Connors. Motion carried 6 -0. 7 Mediacom Charitable Foundation: One 1 -year term through December 31, 2013 (Ex- pired terms of Chavenelle). Applicant: Gail Chavenelle, 1155 Kelly Ln. Motion by Braig to appoint Gail Chavenelle to the Mediacom Charitable Foundation for a 1 -year term through December 31, 2013. Seconded by Lynch. Motion carried 6 -0. Mississippi River Partnership Council: One 3 -year term through December 31, 2015. Applicant: Edward Cawley, 598 Needham St. Motion by Lynch to appoint Edward Caw- ley to the Mississippi River Partnership Council for a 3 -year term through December 31, 2015. Seconded by Resnick. Motion carried 6 -0. PUBLIC HEARINGS Upon motion the rules were suspended allowing anyone present to address the City Council. Brunskill Road Bridge Reconstruction Project: Proof of publication on notice of public hearing to consider the plans, specifications, estimated cost, and form of contract for the Brunskill Road Bridge Reconstruction Project and the City Manager recommending ap- proval. Motion by Lynch to receive and file the documents and adopt Resolution No. 315 -12 Approval of plans, specifications, form of contract, and estimated cost for the Brunskill Road ridge Reconstruction Project, Iowa DOT NO. BROS -2100 (659)-- 8J -31. Seconded by Braig. Motion carried 6 -0. RESOLUTION NO. 315 -12 APPROVAL OF PLANS, SPECIFICATIONS, FORM OF CONTRACT, AND ESTIMAT- ED COST FOR THE BRUNSKILL ROAD BRIDGE RECONSTRUCTION PROJECT, IOWA DOT PROJECT NO. BROS -2100 (659) -8J -31 NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: That the proposed plans, specifications, form of contract and estimated cost for the Brunskill Road Bridge Reconstruction Project, Iowa DOT Project No. BROS -2100 (659) - -8J-3, in the estimated amount $1,173,309.52, are hereby approved. Passed, adopted and approved this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin Firnstahl, CMC City Clerk Hillcrest Family Services - Request to Vacate Storm Sewer Easement: Proof of publi- cation on notice of public hearing to consider a request by Hillcrest Family Services to vacate a storm sewer easement on Lot 1 of Peterson Subdivision No. 2 and the City Manager recommending approval. Motion by Lynch to receive and file the documents and adopt Resolution No. 316 -12 Release of storm sewer easements over and across a portion of Lot 1 Peterson Subdivision No. 2 in the City of Dubuque, Dubuque County, Iowa; and Resolution No. 317 -12 Disposing of City interest in storm sewer easements on Lot 1 of Peterson Subdivision No. 2 in the City of Dubuque, Dubuque County, Iowa. Seconded by Braig. Motion carried 6 -0. RESOLUTION NO. 316 -12 RELEASE OF STORM SEWER EASEMENTS OVER AND ACROSS A PORTION OF LOT 1 PETERSON SUBDIVISION NO. 2 IN THE CITY OF DUBUQUE, DUBUQUE COUNTY, IOWA 8 Whereas, storm sewer easements were established over and across Lot 2 -1 Peter- son Subdivision and Lot 1- 1- 1- 1- 1 -2 -1 -1 of Link's Subdivision in the City of Dubuque, Iowa, were filed in the office of the Recorder of Dubuque County, Iowa, as File Nos. 12708 -92 and 16703 -92; and Whereas, the Developer of Lot 1 of Peterson Subdivision No. 2 Hillcrest Family Ser- vices, has relocated the storm sewer and provided an easement thereto over across said Lot 1; and Whereas, the storm sewer easement designated on the Exhibit attached hereto will no longer be required after development of the site. NOW, THEREFORE, for valuable consideration, the undersigned, City of Dubuque, Iowa, does hereby forever release, vacate, abandon, and discharge storm sewer ease- ments over a portion of Lot 1 Peterson Subdivision No. 2 in the City of Dubuque, Iowa, shown the attached Exhibit to Hillcrest Family Services; however, this Release in no way releases, vacates, abandons, or discharges any other easement shown on the Lot 2 -1 Peterson Subdivision and Lot 1- 1- 1- 1- 1 -2 -1 -1 of Link's Subdivision all in the City of Dubuque Iowa, filed in the office of the Recorder of Dubuque County, Iowa, as File Numbers12708 -92 and16703 -92. Passed, approved and adopted this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk 9 RESOLUTION NO. 317 -12 DISPOSING OF CITY INTEREST IN STORM SEWER EASEMENTS ON LOT 1 OF PETERSON SUBDIVISION NO. 2 IN THE CITY OF DUBUQUE, DUBUQUE COUNTY, IOWA Whereas, pursuant to resolution and published notice of time and place of hearing, published in the Telegraph Herald, a newspaper of general circulation published in the City of Dubuque, Iowa on the 9th day of November, 2012, the City Council of the City of Dubuque, Iowa met on the 19TH day of November, 2012, at 6:30 p.m. in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, to consider the disposal of City interest in storm sewer easements over and across a portion of real estate described as: Lot 1 of Peterson Subdivision No. 2 in the City of Dubuque, Dubuque County, Iowa Whereas, the City Council of the City of Dubuque, Iowa overruled any and all objec- tions, oral or written to the proposal to dispose of City interest in said easements. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That the release of City of Dubuque interest in storm sewer easements over and across a portion of real property described as Lot 1 of Peterson Subdivision No. 2 in the City of Dubuque, Dubuque County, Iowa, as shown on the attached Exhibit to Hillcrest Family Services, be and the same is hereby approved. Section 2. That the Mayor be authorized and directed to execute a Release of Storm Sewer Easements, and the City Clerk be and is hereby authorized and directed to de- liver said Release to Hillcrest Family Services. Section 3. That the City Clerk be and is hereby authorized and directed to record a certified copy of this resolution in the offices of the City Assessor, Dubuque County Re- corder and Dubuque County Auditor. Passed, approved and adopted this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Request to Rezone - 2995 Asbury Road: Proof of publication on notice of public hearing to consider a request from Louis and Irene Bassler to rezone property located at 2995 Asbury Road from R -1 Single - Family Residential to OR Office Residential and the Zoning Advisory Commission recommending approval. Motion by Lynch to receive and file the documents and that the requirement that a proposed ordinance be consid- ered and voted on for passage at two Council meetings prior to the meeting at which it is to be passed be suspended. Seconded by Resnick. Louis Bassler, 13774 Surrey Lane spoke in support of the request. Planning Services Laura Carstens provided a staff report. Pete Gieschen, 150 Devon Drive, was informed that the request applies to only that parcel. Motion carried 6 -0. Motion by Lynch for final consideration and passage of Ordinance No. 57 -12 Amend- ing Title 16 of the City of Dubuque Code of Ordinances, Unified Development Code, by reclassifying hereinafter described property located at 2995 Asbury from R -1 Single Family Residential District to OR Office Residential District. Seconded by Braig. Motion carried 6 -0. OFFICIAL PUBLICATION ORDINANCE NO. 57 -12 AMENDING TITLE 16 OF THE CITY OF DUBUQUE CODE OF ORDINANCES, UNI- 10 FIED DEVELOPMENT CODE, BY RECLASSIFYING HEREINAFTER DESCRIBED PROPERTY LOCATED AT 2995 ASBURY FROM R -1 SINGLE FAMILY RESIDEN- TIAL DISTRICT TO OR OFFICE RESIDENTIAL DISTRICT. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That Title 16 of the City of Dubuque Code of Ordinances, Unified Devel- opment Code, is hereby amended by reclassifying the hereinafter described property from R -1 Single Family Residential District, to OR Office Residential District, to wit: Lot 1 Siegert Avalon Place, and to the centerline of the adjoining public right -of- way, all in the City of Dubuque, Iowa. Section 2. The foregoing amendment has heretofore been reviewed by the Zoning Advisory Commission of the City of Dubuque, Iowa. Section 3. The foregoing amendment shall take effect upon publications, as provided by law. Passed, approved and adopted this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Published officially in the Telegraph Herald newspaper on the 23rd day of November, 2012. /s /Kevin S. Firnstahl, City Clerk University of Dubuque - Amend ID District: Proof of publication on notice of public hearing to consider a request from the University of Dubuque, 2000 University Avenue, to amend the ID Institutional District Campus Plan to change an outdoor practice field into an indoor practice facility and the Zoning Advisory Commission recommending ap- proval. Motion by Connors to receive and file the documents and that the requirement that a proposed ordinance be considered and voted on for passage at two Council meetings prior to the meeting at which it is to be passed be suspended. Seconded by Braig. Jim Steiner, Vice President of Finance for the University of Dubuque addressed questions from the City Council about concerns from the surrounding neighbors includ- ing additional noise and light pollution, vehicular and pedestrian traffic, litter, security and landscape screening. Planning Services Manager Laura Carstens provided a staff report. Amy Kane, 168 Princeton Place, expressed her concerns for changes taking place at the University of Dubuque regarding snow and rain runoff, light pollution, fenc- ing /retaining walls, limited green space, and declining property values. Dan McDonald, 300 Main Street, spoke in favor of the request on behalf of Greater Dubuque Develop- ment Corporation. Pete Gieschen, 150 Devon Drive, inquired about the expanding foot- print of the University's campus. Mr. Steiner provided a rebuttal to the concerns ex- pressed and stated that the University does not solicit purchases of property. Mayor Buol stated that although he is an employee of the University of Dubuque, the City At- torney advises that there is no conflict of interest. Motion carried 6 -0. Motion by Connors for final consideration and passage of Ordinance No. 58 -12 Amending Title 16 of the City of Dubuque Code of Ordinances, Unified Development Code, by providing for the amendment of Ordinance No. 2 -11 and approval of an Amended Campus Development Plan for the University Of Dubuque to allow construc- tion of an indoor practice facility on the South Campus west of University Park Drive. Seconded by Resnick. Motion carried 6 -0. OFFICIAL PUBLICATION 11 ORDINANCE NO. 58 -12 AMENDING TITLE 16 OF THE CITY OF DUBUQUE CODE OF ORDINANCES, UNI- FIED DEVELOPMENT CODE, BY PROVIDING FOR THE AMENDMENT OF ORDI- NANCE 2 -11 AND APPROVAL OF AN AMENDED CAMPUS DEVELOPMENT PLAN FOR THE UNIVERSITY OF DUBUQUE TO ALLOW CONSTRUCTION OF AN IN- DOOR PRACTICE FACILITY ON THE SOUTH CAMPUS WEST OF UNIVERSITY PARK DRIVE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. That Title 16 of the City of Dubuque Code of Ordinances, Unified Devel- opment Code, be amended by providing for the approval of an amended campus devel- opment plan for the University of Dubuque ID Institutional District, a copy of which is on file with the City of Dubuque Planning Services Department. Section 2. Institutional District Regulations. A. Use Regulations The following regulations shall apply to all uses made of land in the above - described ID Institutional District: 1. Principal permitted uses shall be limited to: a. Offices for administrative personnel or other institutional employ- ees and affiliates. b. Churches, libraries, and museums. c. Classrooms, laboratories, lecture halls, and similar places of in- stitutional assembly. d. Off - street parking and loading. e. Recreational or athletic facilities for the primary use and benefit of institutional residents or affiliates. f. Single- family, two - family or multi - family dwellings for the housing of institutional residents or affiliates. 2. Accessory Uses. The following uses shall be permitted as accessory uses in the above - described ID Institutional District. a. Located entirely within a principal building, bookstores, or bars seating not more than seventy -five (75) persons at one time and lo- cated not closer than two hundred feet (200') from the nearest Res- idential or Office Residential District. b. All uses customarily incidental to the principal permitted uses in conjunction with which such accessory uses operated or main- tained, but not to include commercial use outside the principal building. 3. No conditional uses shall be allowed. B. Lot and Bulk Regulations Development of land in the ID Institutional District shall be regulated as follows: The proposed residence halls and associated parking lot shall be constructed in sub- stantial conformance with the attached amended campus development plan. C. Performance Standards The development and maintenance of uses in this ID Institutional District shall be estab- lished in conformance with Section 5 -22 of the Unified Development Code and the fol- lowing standards: 1. The storm water control shall be designed and built in accordance with City Regulations subject to review and approval by the City of Dubuque 12 Engineering Department. 2. That appropriate erosion and sediment control will be installed prior to commencement of any land disturbing activity related to the subject pro- ject, including all required state and city permits related to erosion control. 3. That a six -foot high chain link fence shall be installed beginning at the south end of the retaining wall near the tennis courts and ending at the south end of the competition soccer field. 4. New outdoor lighting shall utilize 72- degree cut -off luminaries. 5. Landscaping shall be provided in compliance with Article 13 of the Uni- fied Development Code. 6. All utilities, including telephone and cable television, shall be installed underground. 7. Final site plans shall be submitted in accordance with Articles 12 and 13 of the Unified Development Code. D. Parking Requirements The off - street parking requirements for the principal permitted uses for the herein described ID Institutional District shall be regulated as follows. The number, size and layout of off - street parking shall be in substantial compli- ance with the amended campus plan. The design of the parking lot shall comply with Article 13 of the Unified Develop- ment Code. Any significant expansion or reduction in the number of off - street parking spaces must be reviewed by Planning Services staff for compliance with the adopted Institu- tional District regulations. E. Sign Regulations The sign regulations shall be the same as that which are allowed in the ID Institu- tional District as established in Article 15 of the Unified Development Code. F. Additional Standards That all previously approved campus development plans are hereby amended to allow for the attached campus development plan. G. Transfer of Ownership Transfer of ownership of property in this ID Institutional District requires rezoning of the property to an appropriate zoning district. H. Modifications Any modifications of this Ordinance must be approved by the City Council in ac- cordance with zoning reclassification proceedings of Article 9 of the Unified De- velopment Code. Section 3. The foregoing amendment has heretofore been reviewed by the Zoning Advisory Commission of the City of Dubuque, Iowa. Section 4. The foregoing amendment shall take effect upon publications, as provided by law. Passed, approved and adopted this 19th day of November, 2012. /s /Roy D. Buol, Mayor Attest: /s /Kevin S. Firnstahl, City Clerk Published officially in the Telegraph Herald newspaper on the 23rd day of November, 2012. /s /Kevin S. Firnstahl, City Clerk Upon motion the rules were reinstated limiting discussion to the City Council. 13 ACTION ITEMS Dubuque Main Street - NEA "Our Town" Grant / Art Space Feasibility Study Update: Dubuque Main Street Executive Director Dan LoBianco provided a report on the Nation Endowment for the Arts (NEA) Our Town Grant and Art Space Feasibility Study. Motion by Lynch to receive and file the information. Seconded by Resnick. Mr. LoBianco stated that the next steps include identifying the arts groups mostly likely to be stakeholders and finding funding for a feasibility study. Motion carried 6 -0. Code of Ordinances - ADA Readily Achievable Determinations (Second Reading): City Manager recommending approval of an update to the City's Accessibility Code to clarify how the readily achievable standards is determined and provide for the use of alternative methods of reasonable accommodations in the event that the barrier removal is not readily achievable. Motion by Connors to receive and file the documents and that the requirement that a proposed ordinance be considered and voted on for passage at two Council meetings prior to the meeting at which it is to be passed be suspended. Se- conded by Braig. Motion carried 6 -0. Motion by Connors for final consideration and passage of Ordinance No. 59 -12 Amending City of Dubuque Code of Ordinances Title 14 Building and Development, Chapter 1 Building Codes, Article !Accessibility Code for Readily Achievable Changes, Section 14 -11 -3 Removal of Architectural Barriers if Readily Achievable by adding lan- guage to clarify that the determination of Readily Achievable within the City of Dubuque will be made by the City Manager. Seconded by Braig. Motion carried 6 -0. OFFICIAL PUBLICATION ORDINANCE NO. 59 12 AMENDING CITY OF DUBUQUE CODE OF ORDINANCES TITLE 14 BUILDING AND DEVELOPMENT, CHAPTER 1 BUILDING CODES, ARTICLE I ACCESSIBILITY CODE FOR READILY ACHIEVABLE CHANGES, SECTION 14 -11 -3 REMOVAL OF ARCHITECTURAL BARRIERS IF READILY ACHIEVABLE BY ADDING LANGUAGE TO CLARIFY THAT THE DETERMINATION OF READILY ACHIEVABLE WITHIN THE CITY OF DUBUQUE WILL BE MADE BY THE CITY MANAGER NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. Section 14 -11 -3 of the City of Dubuque Code of Ordinances is amended to read as follows: 14 -11 -3: REMOVAL OF ARCHITECTURAL BARRIERS IF READILY ACHIEVABLE: A. Removal Required: It shall be a violation of this article for an owner of a public ac- commodation to fail to remove architectural barriers, and communication barriers that are structural in nature, in any public accommodation, where such removal is readily achievable, as determined by the city manager. The phrase "readily achievable" shall have the meaning set forth under the Americans with Disabilities Act of 1990 (42 USC 12182), as amended, and any implementing regulations. B. Availability Through Alternative Methods: Where an owner can demonstrate that the removal of a barrier under subsection A of this section is not readily achievable, an owner shall nonetheless be required to make existing facilities available through alternative methods if such methods are readily achievable, as determined by the city manager. 14 Section 2. This Ordinance takes effect upon publication. Passed, approved and adopted the 19th day of November, 2012. /s /Roy D. Buol, Mayor Attest: /s /Kevin S. Firnstahl, City Clerk Published officially in the Telegraph Herald newspaper on the 23rd day of November, 2012. /s /Kevin S Firnstahl, City Clerk General Obligation Bonds, Series 2012E - Complete Issuance: City Manager rec- ommending approval of the suggested proceedings to complete the action required on the recent Series 2012E bond issuance. Motion by Connors to receive and file the doc- uments and adopt Resolution No. 318 -12 Appointing Wells Fargo Bank, National Asso- ciation of Minneapolis, Minnesota, to serve as paying agent, bond registrar, and transfer agent, approving the paying agent and bond registrar and transfer agent agreement and authorizing the execution of the agreement; and Resolution No. 319 -12 Authorizing and providing for the issuance of $3,640,000 General Obligation Bonds, Series 2012E, and levying a tax to pay said bonds. Seconded by Braig. Motion carried 6 -0. RESOLUTION NO. 318 -12 APPOINTING WELLS FARGO BANK, NATIONAL ASSOCIATION OF MINNEAP- OLIS, MINNESOTA, TO SERVE AS PAYING AGENT, BOND REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING AGENT AND BOND REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE EXECUTION OF THE AGREEMENT Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, $3,640,000 General Obligation Bonds, Series 2012E, dated the date of delivery, have been sold at public sale and action should now be taken to provide for the maintenance of records, registration of certificates and payment of principal and interest in connection with the issuance of the bonds; and Whereas, this Council has deemed that the services offered by Wells Fargo Bank, National Association of Minneapolis, Minnesota, are necessary for compliance with rules, regulations, and requirements governing the registration, transfer and payment of registered bonds; and Whereas, a Paying Agent, Bond Registrar and Transfer Agent Agreement (hereafter "Agreement ") has been prepared to be entered into between the City and Wells Fargo Bank, National Association. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That Wells Fargo Bank, National Association of Minneapolis, Minnesota, is hereby appointed to serve as Paying Agent, Bond Registrar and Transfer Agent in con- nection with the issuance of $3,640,000 General Obligation Bonds, Series 2012E, dated the date of delivery. Section 2. That the Agreement with Wells Fargo Bank, National Association of Min- neapolis, Minnesota, is hereby approved and that the Mayor and Clerk are authorized to sign the Agreement on behalf of the City. Passed and approved this 19th day of November, 2012. Attest: Kevin S. Firnstahl, City Clerk 15 Roy D. Buol, Mayor RESOLUTION NO. 319 -12 RESOLUTION AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF $3,640,000 GENERAL OBLIGATION BONDS, SERIES 2012E, AND LEVYING A TAX TO PAY SAID BONDS Whereas, the Issuer is duly incorporated, organized and exists under and by virtue of the laws and Constitution of the State of Iowa; and Whereas, the Issuer is in need of funds to pay costs of the opening, widening, ex- tending, grading, and draining of the right -of -way of streets, highways and avenues, the construction, reconstruction, and repairing of any street improvements, the acquisition, installation, and repair of traffic control devices and the acquisition of real estate needed for any of the foregoing purposes; the acquisition, construction, reconstruction, exten- sion, improvement, and equipping of works and facilities useful for the collection, treat- ment, and disposal of sewage and industrial waste in a sanitary manner, for the collec- tion and disposal of solid waste, and for the collection and disposal of surface waters and streams, including the 7th Street Storm Sewer, and sanitary forcemain repairs; the rehabilitation and improvement of parks already owned, including the removal, replace- ment and planting of trees in the parks, and facilities, equipment, and improvements commonly found in City parks, including improvements for Comiskey Park and Flora Park; the acquisition, construction, reconstruction, improvement, repair, and equipping of waterworks, water mains, and extensions, and real and personal property, useful for providing potable water to residents of a City, including annual water main replacement, water main extensions, Green Alley water mains and fittings and Airport water main; and the acquisition of peace officer communication equipment and other emergency services communication equipment and systems, including police /emergency /public safety communication software, essential corporate purposes, and it is deemed neces- sary and advisable that General Obligation Bonds to the amount of not to exceed $4,000,000 be issued for said purpose; and Whereas, pursuant to notice published as required by Section 384.25 this Council has held a public meeting and hearing upon the proposal to institute proceedings for the issuance of the above described Bonds, and all objections, if any, to such Council ac- tion made by any resident or property owner of said City were received and considered by the Council; and it is the decision of the Council that additional action be taken for the issuance of said Bonds, and that such action is considered to be in the best inter- ests of said City and the residents thereof; and Whereas, the City also is in need of funds to pay costs of the acquisition, construc- tion, reconstruction, enlargement, improvement, and equipping of community center houses, recreation grounds, recreation buildings, juvenile playgrounds, swimming pools, recreation centers, parks, and golf courses, and the acquisition of real estate therefor, including the Granger Creek Trail, Creek Wood Park, Westbrook Park Phase II, roof re- placement at McAleece Park, Park Maintenance Headquarters improvements and, Vet- eran's Memorial 32nd storage; and the construction, reconstruction, enlargement, im- provement, and equipping of libraries, including Library exterior repairs, renovation and repair and replacement of windows; and any other purpose which is necessary for the operation of the City or the health and welfare of its citizens, including the acquisition and installation of Marshall School playground equipment, general corporate purposes, and it is deemed necessary and advisable that General Obligation Bonds to the amount of not to exceed $700,000 be authorized for said purpose; and Whereas, pursuant to notice published as required by Section 384.26 this Council has held a public meeting and hearing upon the proposal to institute proceedings for the 16 issuance of the above described Bonds, and no petitions were filed calling for an elec- tion thereon and all objections, if any, to such Council action made by any resident or property owner of said City were received and considered by the Council; and it is the decision of the Council that additional action be taken for the issuance of said Bonds, and that such action is considered to be in the best interests of said City and the resi- dents thereof; and Whereas, pursuant to Section 384.28 of the City Code of Iowa, it has previously been determined that the various general obligation bonds authorized as hereinabove de- scribed shall be combined for the purpose of issuance in a single issue of General Obli- gation Bonds, Series 2012E, in the principal amount of $3,640,000 as hereinafter set forth; and Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, the above mentioned Bonds were heretofore sold at public sale and action should now be taken to issue said Bonds conforming to the terms and conditions of the best bid received at the advertised public sale. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. Definitions. The following terms shall have the following meanings in this Resolution unless the text expressly or by necessary implication requires otherwise: ❑ "Authorized Denominations" shall mean $5,000 or any integral multiple thereof. ❑ "Beneficial Owner" shall mean the person in whose name such Bond is recorded as the beneficial owner of a Bond by a Participant on the records of such Participant or such person's subrogee. ❑ "Bond Fund" shall mean the fund created in Section 3 of this Resolution. ❑ "Bonds" shall mean $3,640,000 General Obligation Bonds, Series 2012E, author- ized to be issued by this Resolution. ❑ "Cede & Co." shall mean Cede & Co., the nominee of DTC, and any successor nominee of DTC with respect to the Bonds. ❑ "Continuing Disclosure Certificate" shall mean that certain Continuing Disclosure Certificate executed by the Issuer and dated the date of issuance and delivery of the Bonds, as originally executed and as it may be amended from time to time in accord- ance with the terms thereof. ❑ "Depository Bonds" shall mean the Bonds as issued in the form of one global certificate for each maturity, registered in the Registration Books maintained by the Registrar in the name of DTC or its nominee. ❑ "DTC" shall mean The Depository Trust Company, New York, New York, a lim- ited purpose trust company, or any successor book -entry securities depository appoint- ed for the Bonds. ❑ "Issuer" and "City" shall mean the City of Dubuque, Iowa. ❑ "Participants" shall mean those broker - dealers, banks and other financial institu- tions for which DTC holds Bonds as securities depository. ❑ "Paying Agent" shall mean Wells Fargo Bank, National Association, or such suc- cessor as may be approved by Issuer as provided herein and who shall carry out the duties prescribed herein as Issuer's agent to provide for the payment of principal of and interest on the Bonds as the same shall become due. ❑ "Project Fund" shall mean the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds. ❑ "Rebate Fund" shall mean the fund so defined in and established pursuant to the Tax Exemption Certificate. 17 ❑ "Registrar" shall mean Wells Fargo Bank, National Association of Minneapolis, Minnesota, or such successor as may be approved by Issuer as provided herein and who shall carry out the duties prescribed herein with respect to maintaining a register of the owners of the Bonds. Unless otherwise specified, the Registrar shall also act as Transfer Agent for the Bonds. ❑ "Representation Letter" shall mean the Blanket Issuer Letter of Representations executed and delivered by the Issuer to DTC on file with DTC. ❑ "Resolution" shall mean this resolution authorizing the Bonds. ❑ "Tax Exemption Certificate" shall mean the Tax Exemption Certificate executed by the Treasurer and delivered at the time of issuance and delivery of the Bonds. ❑ "Treasurer" shall mean the Finance Director or such other officer as shall suc- ceed to the same duties and responsibilities with respect to the recording and payment of the Bonds issued hereunder. Section 2. Levy and Certification of Annual Tax; Other Funds to be Used. (a) Levy of Annual Tax. That for the purpose of providing funds to pay the principal and interest of the Bonds hereinafter authorized to be issued, there is hereby levied for each future year the following direct annual tax on all of the taxable property in Dubu- que, Iowa, to -wit: AMOUNT i FISCAL YEAR i (JULY 1 TO JUNE 30) !YEAR OF COLLECTION' $319,343* 2013/2014* $280,40d 2014/2015 $276,40 2015/2016 1 $282,400 2016/2017 $278,200 2017/2018 $279,000 2018/2019 $279,700 - - - -- 2019/2020 --------- 2020/2021 ----- - - - - 2021/2022 $280,300 $280,800 $276,200 2022/2023 $196,313 2023/2024 $197,825 2024/2025 $199,025 1 2025/2026 _ _ _ _ _ I $199,900 1 2026/2027 I $200,650 i 2027/2028 I $185, 400 2028/2029 i 2029/2030 1 2030/2031 $185,400 2031/2032 $180,450 $180,500 * Includes $40,043 paid for interest in FY 12/13. (NOTE: For example the levy to be made and certified against the taxable valuations of January 1, 2012 will be collected during the fiscal year commencing July 1, 2013.) (b) Resolution to be Filed With County Auditor. A certified copy of this Resolution should be filed with the County Auditor of Dubuque County, State of Iowa, and said Au- ditor is hereby instructed in and for each of the years as provided, to levy and assess 18 the tax hereby authorized in Section 2 of this Resolution, in like manner as other taxes are levied and assessed, and such taxes so levied in and for each of the years afore- said be collected in like manner as other taxes of the City are collected, and when col- lected be used for the purpose of paying principal and interest on said Bonds issued in anticipation of said tax, and for no other purpose whatsoever. (c) Additional City Funds Available. Principal and interest coming due at any time when the proceeds of said tax on hand shall be insufficient to pay the same shall be promptly paid when due from current funds of the City available for that purpose and reimbursement shall be made from such special fund in the amounts thus advanced. Section 3. Bond Fund. Said tax shall be collected each year at the same time and in the same manner as, and in addition to, all other taxes in and for the City, and when col- lected they shall be converted into a special fund within the Debt Service Fund to be known as the "GENERAL OBLIGATION BOND FUND 2012E" (the "Bond Fund "), which is hereby pledged for and shall be used only for the payment of the principal of and in- terest on the Bonds hereinafter authorized to be issued; and also there shall be appor- tioned to said fund its proportion of taxes received by the City from property that is cen- trally assessed by the State of Iowa. Section 4. Application of Bond Proceeds. Proceeds of the Bonds other than accrued interest except as may be provided below shall be credited to the Project Fund and ex- pended therefrom for the purposes of issuance. Any amounts on hand in the Project Fund shall be available for the payment of the principal of or interest on the Bonds at any time that other funds shall be insufficient to the purpose, in which event such funds shall be repaid to the Project Fund at the earliest opportunity. Any balance on hand in the Project Fund and not immediately required for its purposes may be invested not in- consistent with limitations provided by law or this Resolution. Accrued interest, if any, shall be deposited in the Bond Fund. Section 5. Investments of Bond Fund Proceeds. All moneys held in the Bond Fund, provided for by Section 3 of this Resolution shall be invested in investments permitted by Chapter 12B, Code of Iowa, 2011, as amended, or deposited in financial institutions which are members of the Federal Deposit Insurance Corporation and the deposits in which are insured thereby and all such deposits exceeding the maximum amount in- sured from time to time by FDIC or its equivalent successor in any one financial institu- tion shall be continuously secured in compliance with Chapter 12C of the Code of Iowa, 2011, as amended, or otherwise by a valid pledge of direct obligations of the United States Government having an equivalent market value. All such interim investments shall mature before the date on which the moneys are required for payment of principal of or interest on the Bonds as herein provided. Section 6. Bond Details, Execution and Redemption. (a) Bond Details. General Obligation Bonds of the City in the amount of $3,640,000, shall be issued pursuant to the provisions of Sections 384.25, 384.26, and 384.28 of the City Code of Iowa for the aforesaid purpose. The Bonds shall be designated "GENERAL OBLIGATION BOND, SERIES 2012E ", be dated the date of delivery, and bear interest from the date thereof, until payment thereof, at the office of the Paying Agent, said in- terest payable on June 1, 2013, and semiannually thereafter on the 1st day of June and December in each year until maturity at the rates hereinafter provided. The Bonds shall be executed by the manual or facsimile signature of the Mayor and attested by the manual or facsimile signature of the Clerk, and impressed or printed with the seal of the City and shall be fully registered as to both principal and interest as pro- vided in this Resolution; principal, interest and premium, if any, shall be payable at the 19 office of the Paying Agent by mailing of a check to the registered owner of the Bond. The Bonds shall be in the denomination of $5,000 or multiples thereof. The Bonds shall mature and bear interest as follows: Principal Interest Maturity Amount Rate June 1st $195,000 , 2.000% 2014 $200,000 2.000% i 2015 $200,000 2.000% 2016 $210,000 2.000% I 2017 $210,000 2.000% 2018 $215,000 2.000% � 2019 $220000 2.000% 2020 $225 000 2.000% 2021 $230,000 2.000% 2022 $230,000 j 2.125% 2023 $155,000 2.250% 1 2024 $160,000 2.375% 2025 $165,000 2.500% 2026 $170,0001 2.500% 2027 -_ $175,0001 3.000% 2028 $165,0001 3.000% 1 2029 i $165,000 3.000% i 2030 1 $170,000 3.000% i 2031 $180,000 3.000% 2032 (b) Redemption. Bonds maturing after June 1, 2018 may be called for redemption by the Issuer and paid before maturity on said date or any date thereafter, from any funds regardless of source, in whole or from time to time in part, in any order of maturity and within an annual maturity by lot. The terms of redemption shall be par, plus accrued in- terest to date of call. Thirty days' written notice of redemption shall be given to the registered owner of the Bond. Failure to give such notice by mail to any registered owner of the Bonds or any defect therein shall not affect the validity of any proceedings for the redemption of the Bonds. All bonds or portions thereof called for redemption will cease to bear interest af- ter the specified redemption date, provided funds for their redemption are on deposit at the place of payment. If selection by lot within a maturity is required, the Registrar shall designate the bonds to be redeemed by random selection of the names of the registered owners of the entire annual maturity until the total amount of bonds to be called has been reached. Section 7. Issuance of Bonds in Book -Entry Form; Replacement Bonds. (a) Notwithstanding the other provisions of this Resolution regarding registration, ownership, transfer, payment and exchange of the Bonds, unless the Issuer determines to permit the exchange of Depository Bonds for Bonds in the Authorized Denomina- tions, the Bonds shall be issued as Depository Bonds in denominations of the entire principal amount of each maturity of Bonds (or, if a portion of said principal amount is prepaid, said principal amount less the prepaid amount); and such Depository Bonds shall be registered in the name of Cede & Co., as nominee of DTC. Payment of semi- annual interest for any Depository Bond shall be made by wire transfer or New York 20 Clearing House or equivalent next day funds to the account of Cede & Co. on the inter- est payment date for the Bonds at the address indicated in or pursuant to the Represen- tation Letter. (b) With respect to Depository Bonds, neither the Issuer nor the Paying Agent shall have any responsibility or obligation to any Participant or to any Beneficial Owner. With- out limiting the immediately preceding sentence, neither the Issuer nor the Paying Agent shall have any responsibility or obligation with respect to (i) the accuracy of the records of DTC or its nominee or of any Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any notice with respect to the Bonds, (iii) the payment to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any amount with respect to the principal of, premium, if any, or interest on the Bonds, or (iv) the failure of DTC to provide any information or notification on behalf of any Participant or Beneficial Owner. The Issuer and the Paying Agent may treat DTC or its nominee as, and deem DTC or its nominee to be, the absolute owner of each Bond for the purpose of payment of the principal of, premium, if any, and interest on such Bond, for the purpose of all other mat- ters with respect to such Bond, for the purpose of registering transfers with respect to such Bonds, and for all other purposes whatsoever (except for the giving of certain Bond holder consents, in accordance with the practices and procedures of DTC as may be applicable thereto). The Paying Agent shall pay all principal of, premium, if any, and interest on the Bonds only to or upon the order of the Bondholders as shown on the Registration Books, and all such payments shall be valid and effective to fully satisfy and discharge the Issuer's obligations with respect to the principal of, premium, if any, and interest on the Bonds to the extent so paid. Notwithstanding the provisions of this Resolution to the contrary (including without limitation those provisions relating to the surrender of Bonds, registration thereof, and issuance in Authorized Denominations), as long as the Bonds are Depository Bonds, full effect shall be given to the Representation Letter and the procedures and practices of DTC thereunder, and the Paying Agent shall comply therewith. (c) Upon (i) a determination by the Issuer that DTC is no longer able to carry out its functions or is otherwise determined unsatisfactory, or (ii) a determination by DTC that the Bonds are no longer eligible for its depository services or (iii) a determination by the Paying Agent that DTC has resigned or discontinued its services for the Bonds, if such substitution is authorized by law, the Issuer shall (A) designate a satisfactory substitute depository as set forth below or, if a satisfactory substitute is not found, (B) provide for the exchange of Depository Bonds for replacement Bonds in Authorized Denominations. (d) To the extent authorized by law, if the Issuer determines to provide for the ex- change of Depository Bonds for Bonds in Authorized Denominations, the Issuer shall so notify the Paying Agent and shall provide the Registrar with a supply of executed unau- thenticated Bonds to be so exchanged. The Registrar shall thereupon notify the owners of the Bonds and provide for such exchange, and to the extent that the Beneficial Own- ers are designated as the transferee by the owners, the Bonds will be delivered in ap- propriate form, content and Authorized Denominations to the Beneficial Owners, as their interests appear. (e) Any substitute depository shall be designated in writing by the Issuer to the Pay- ing Agent. Any such substitute depository shall be a qualified and registered "clearing agency" as provided in Section 17A of the Securities Exchange Act of 1934, as amend- ed. The substitute depository shall provide for (i) immobilization of the Depository 21 Bonds, (ii) registration and transfer of interests in Depository Bonds by book entries made on records of the depository or its nominee and (iii) payment of principal of, pre- mium, if any, and interest on the Bonds in accordance with and as such interests may appear with respect to such book entries. Section 8. Registration of Bonds; Appointment of Registrar; Transfer; Ownership; De- livery; and Cancellation. (a) Registration. The ownership of Bonds may be transferred only by the making of an entry upon the books kept for the registration and transfer of ownership of the Bonds, and in no other way. Wells Fargo Bank, National Association is hereby appointed as Bond Registrar under the terms of this Resolution and under the provisions of a sepa- rate agreement with the Issuer filed herewith which is made a part hereof by this refer- ence. Registrar shall maintain the books of the Issuer for the registration of ownership of the Bonds for the payment of principal of and interest on the Bonds as provided in this Resolution. All Bonds shall be negotiable as provided in Article 8 of the Uniform Com- mercial Code and Section 384.31 of the Code of Iowa, subject to the provisions for reg- istration and transfer contained in the Bonds and in this Resolution. (b) Transfer. The ownership of any Bond may be transferred only upon the Registra- tion Books kept for the registration and transfer of Bonds and only upon surrender thereof at the office of the Registrar together with an assignment duly executed by the holder or his duly authorized attorney in fact in such form as shall be satisfactory to the Registrar, along with the address and social security number or federal employer identi- fication number of such transferee (or, if registration is to be made in the name of multi- ple individuals, of all such transferees). In the event that the address of the registered owner of a Bond (other than a registered owner which is the nominee of the broker or dealer in question) is that of a broker or dealer, there must be disclosed on the Registra- tion Books the information pertaining to the registered owner required above. Upon the transfer of any such Bond, a new fully registered Bond, of any denomination or denomi- nations permitted by this Resolution in aggregate principal amount equal to the unma- tured and unredeemed principal amount of such transferred fully registered Bond, and bearing interest at the same rate and maturing on the same date or dates shall be de- livered by the Registrar. (c) Registration of Transferred Bonds. In all cases of the transfer of the Bonds, the Registrar shall register, at the earliest practicable time, on the Registration Books, the Bonds, in accordance with the provisions of this Resolution. (d) Ownership. As to any Bond, the person in whose name the ownership of the same shall be registered on the Registration Books of the Registrar shall be deemed and regarded as the absolute owner thereof for all purposes, and payment of or on ac- count of the principal of any such Bonds and the premium, if any, and interest thereon shall be made only to or upon the order of the registered owner thereof or his legal rep- resentative. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond, including the interest thereon, to the extent of the sum or sums so paid. (e) Cancellation. All Bonds which have been redeemed shall not be reissued but shall be cancelled by the Registrar. All Bonds which are cancelled by the Registrar shall be destroyed and a certificate of the destruction thereof shall be furnished promptly to the Issuer; provided that if the Issuer shall so direct, the Registrar shall forward the can- celled Bonds to the Issuer. (f) Non - Presentment of Bonds. In the event any payment check representing pay- ment of principal of or interest on the Bonds is returned to the Paying Agent or if any 22 bond is not presented for payment of principal at the maturity or redemption date, if funds sufficient to pay such principal of or interest on Bonds shall have been made available to the Paying Agent for the benefit of the owner thereof, all liability of the Issu- er to the owner thereof for such interest or payment of such Bonds shall forthwith cease, terminate and be completely discharged, and thereupon it shall be the duty of the Pay- ing Agent to hold such funds, without liability for interest thereon, for the benefit of the owner of such Bonds who shall thereafter be restricted exclusively to such funds for any claim of whatever nature on his part under this Resolution or on, or with respect to, such interest or Bonds. The Paying Agent's obligation to hold such funds shall continue for a period equal to two years and six months following the date on which such interest or principal became due, whether at maturity, or at the date fixed for redemption thereof, or otherwise, at which time the Paying Agent, shall surrender any remaining funds so held to the Issuer, whereupon any claim under this Resolution by the Owners of such interest or Bonds of whatever nature shall be made upon the Issuer. (g) Registration and Transfer Fees. The Registrar may furnish to each owner, at the Issuer's expense, one bond for each annual maturity. The Registrar shall furnish addi- tional bonds in lesser denominations (but not less than the minimum denomination) to an owner who so requests. Section 9. Reissuance of Mutilated, Destroyed, Stolen or Lost Bonds. In case any outstanding Bond shall become mutilated or be destroyed, stolen or lost, the Issuer shall at the request of Registrar authenticate and deliver a new Bond of like tenor and amount as the Bond so mutilated, destroyed, stolen or lost, in exchange and substitu- tion for such mutilated Bond to Registrar, upon surrender of such mutilated Bond, or in lieu of and substitution for the Bond destroyed, stolen or lost, upon filing with the Regis- trar evidence satisfactory to the Registrar and Issuer that such Bond has been de- stroyed, stolen or lost and proof of ownership thereof, and upon furnishing the Registrar and Issuer with satisfactory indemnity and complying with such other reasonable regula- tions as the Issuer or its agent may prescribe and paying such expenses as the Issuer may incur in connection therewith. Section 10. Record Date. Payments of principal and interest, otherwise than upon full redemption, made in respect of any Bond, shall be made to the registered holder there- of or to their designated agent as the same appear on the books of the Registrar on the 15th day of the month preceding the payment date. All such payments shall fully dis- charge the obligations of the Issuer in respect of such Bonds to the extent of the pay- ments so made. Payment of principal shall only be made upon surrender of the Bond to the Paying Agent. Section 11. Execution, Authentication and Delivery of the Bonds. Upon the adoption of this Resolution, the Mayor and Clerk shall execute and deliver the Bonds to the Reg- istrar, who shall authenticate the Bonds and deliver the same to or upon order of the Purchaser. No Bond shall be valid or obligatory for any purpose or shall be entitled to any right or benefit hereunder unless the Registrar shall duly endorse and execute on such Bond a Certificate of Authentication substantially in the form of the Certificate herein set forth. Such Certificate upon any Bond executed on behalf of the Issuer shall be conclusive evidence that the Bond so authenticated has been duly issued under this Resolution and that the holder thereof is entitled to the benefits of this Resolution. No Bonds shall be authenticated and delivered by the Registrar unless and until there shall have been provided the following: 1. A certified copy of the Resolution of Issuer authorizing the issuance of the Bonds; 23 2. A written order of Issuer signed by the Treasurer of the Issuer directing the au- thentication and delivery of the Bonds to or upon the order of the Purchaser upon payment of the purchase price as set forth therein; 3. The approving opinion of Ahlers & Cooney, P.C., Bond Counsel, concerning the validity and legality of all the Bonds proposed to be issued. Section 12. Right to Name Substitute Paying Agent or Registrar. Issuer reserves the right to name a substitute, successor Registrar or Paying Agent upon giving prompt writ- ten notice to each registered bondholder. Section 13. Form of Bond. Bonds shall be printed in substantial compliance with standards proposed by the American Standards Institute substantially in the form as [provided]. Section 14. Non - Arbitrage Covenants. The Issuer reasonably expects and covenants that no use will be made of the proceeds from the issuance and sale of the Bonds is- sued hereunder which will cause any of the Bonds to be classified as arbitrage bonds within the meaning of Sections 148(a) and (b) of the Internal Revenue Code of the Unit- ed States, as amended, and that throughout the term of the Bonds it will comply with the requirements of statutes and regulations issued thereunder. To the best knowledge and belief of the Issuer, there are no facts or circumstances that would materially change the foregoing statements or the conclusion that it is not expected that the proceeds of the Bonds will be used in a manner that would cause the Bonds to be arbitrage bonds. Without limiting the generality of the foregoing, the Issuer hereby agrees to comply with the provisions of the Tax Exemption Certificate and the provisions of the Tax Exemption Certificate are hereby incorporated by reference as part of this Resolution. The Treasurer is hereby directed to make and insert all calcula- tions and determinations necessary to complete the Tax Exemption Certificate in all re- spects and to execute and deliver the Tax Exemption Certificate at issuance of the Bonds to certify as to the reasonable expectations and covenants of the Issuer at that date. Section 15. Severability Clause. If any section, paragraph, clause or provision of this Resolution be held invalid, such invalidity shall not affect any of the remaining provi- sions hereof, and this Resolution shall become effective immediately upon its passage and approval. Section 16. Continuing Disclosure. The Issuer hereby covenants and agrees that it will comply with and carry out all of the provisions of the Continuing Disclosure Certifi- cate, and the provisions of the Continuing Disclosure Certificate are hereby incorpo- rated by reference as part of this Resolution and made a part hereof. Notwithstanding any other provision of this Resolution, failure of the Issuer to comply with the Continuing Disclosure Certificate shall not be considered an event of default under this Resolution; however, any holder of the Bonds or Beneficial Owner may take such actions as may be necessary and appropriate, including seeking specific performance by court order, to cause the Issuer to comply with its obligations under the Continuing Disclosure Certifi- cate. For purposes of this section, "Beneficial Owner" means any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of own- ership of, any Bond (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tax purposes. Section 17. Additional Covenants, Representations and Warranties of the Issuer. The Issuer certifies and covenants with the purchasers and holders of the Bonds from time to time outstanding that the Issuer through its officers, (a) will make such further specific 24 covenants, representations and assurances as may be necessary or advisable; (b) comply with all representations, covenants and assurances contained in the Tax Ex- emption Certificate, which Tax Exemption Certificate shall constitute a part of the con- tract between the Issuer and the owners of the Bonds;(c) consult with bond counsel (as defined in the Tax Exemption Certificate); (d) pay to the United States, as necessary, such sums of money representing required rebates of excess arbitrage profits relating to the Bonds;(e) file such forms, statements and supporting documents as may be re- quired and in a timely manner; and (f) if deemed necessary or advisable by its officers, to employ and pay fiscal agents, financial advisors, attorneys and other persons to as- sist the Issuer in such compliance. Section 18. Amendment of Resolution to Maintain Tax Exemption. This Resolution may be amended without the consent of any owner of the Bonds if, in the opinion of bond counsel, such amendment is necessary to maintain tax exemption with respect to the Bonds under applicable Federal law or regulations. Section 19. Repeal of Conflicting Resolutions or Ordinances. That all ordinances and resolutions and parts of ordinances and resolutions in conflict herewith are hereby re- pealed. Passed and approved this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Taxable General Obligation Bonds, Series 2012F - Complete Issuance: City Manager recommending approval of the suggested proceedings to complete the action required on the recent Series 2012F bond issuance. Motion by Connors to receive and file the documents and adopt Resolution No. 320 -12 Appointing Wells Fargo Bank, National Association of Minneapolis, Minnesota, to serve as paying agent, bond registrar, and transfer agent, approving the paying agent and bond registrar and transfer agent agreement and authorizing the execution of the agreement; and Resolution No. 321 -12 Authorizing and providing for the issuance of $1,035,000 Taxable General Obligation Bonds, Series 2012F, and levying a tax to pay said bonds. Seconded by Resnick. Mo- tion carried 6 -0. RESOLUTION NO. 320 -12 APPOINTING WELLS FARGO BANK, NATIONAL ASSOCIATION OF MINNEAP- OLIS, MINNESOTA, TO SERVE AS PAYING AGENT, BOND REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING AGENT AND BOND REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE EXECUTION OF THE AGREEMENT Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, $1,035,000 Taxable General Obligation Bonds, Series 2012F, dated the date of delivery, have been sold at public sale and action should now be taken to provide for the maintenance of records, registration of certificates and payment of principal and interest in connection with the issuance of the bonds; and Whereas, this Council has deemed that the services offered by Wells Fargo Bank, National Association of Minneapolis, Minnesota, are necessary for compliance with rules, regulations, and requirements governing the registration, transfer and payment of registered bonds; and Whereas, a Paying Agent, Bond Registrar and Transfer Agent Agreement (hereafter "Agreement ") has been prepared to be entered into between the City and Wells Fargo 25 Bank, National Association. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF DUBUQUE, IOWA: Section 1. That Wells Fargo Bank, National Association of Minneapolis, Minnesota, is hereby appointed to serve as Paying Agent, Bond Registrar and Transfer Agent in con- nection with the issuance of $1,035,000 Taxable General Obligation Bonds, Series 2012F, dated the date of delivery. Section 2. That the Agreement with Wells Fargo Bank, National Association of Min- neapolis, Minnesota, is hereby approved and that the Mayor and Clerk are authorized to sign the Agreement on behalf of the City. Passed and approved this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk RESOLUTION NO. 321 -12 RESOLUTION AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF $1,035,000 TAXABLE GENERAL OBLIGATION BONDS, SERIES 2012F, AND LEVY- ING A TAX TO PAY SAID BONDS Whereas, the Issuer is duly incorporated, organized and exists under and by virtue of the laws and Constitution of the State of Iowa; and Whereas, the City is in need of funds to pay costs of aiding in the planning, undertak- ing, and carrying out of urban renewal projects under the authority of chapter 403, in- cluding Downtown Rehabilitation Grants, Downtown Rehabilitation Financial Consultant Grants, the Washington Neighborhood Business Loan Pool, a generator, air condition- ing improvements, electrical improvements, ice decking, and a power factor correction device for the Mystique Community Ice Center, Downtown housing business incentives, ADA assistance, Historic District improvements, a general corporate purpose, and it is deemed necessary and advisable that Taxable General Obligation Bonds, Series 2012F, to the amount of not to exceed $12,000,000 be authorized for said purpose; and Whereas, the City has a population of more than 5,000 but not more than 75,000; and Whereas, pursuant to notice published as required by Section 384.26 (5) of said Code, the Council of the City has held public meeting and hearing upon the proposal to institute proceedings for the issuance of bonds for general corporate purposes in the amounts as above set forth, and, no petition for referendum having been received, the Council is therefore now authorized to proceed with the issuance of Taxable General Obligation Bonds, Series 2012F; and Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, the above mentioned bonds were heretofore sold at public sale and action should now be taken to issue said bonds conforming to the terms and conditions of the best bid received at the advertised public sale. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. Definitions. The following terms shall have the following meanings in this Resolution unless the text expressly or by necessary implication requires otherwise: ❑ "Authorized Denominations" shall mean $5,000 or any integral multiple thereof. ❑ "Beneficial Owner" shall mean the person in whose name such Bond is recorded as the beneficial owner of a Bond by a Participant on the records of such Participant or such person's subrogee. 26 ❑ "Bond Fund" shall mean the fund created in Section 3 of this Resolution. ❑ "Bonds" shall mean $1,035,000 Taxable General Obligation Bonds, Series 2012F, authorized to be issued by this Resolution. ❑ "Cede & Co." shall mean Cede & Co., the nominee of DTC, and any suc- cessor nominee of DTC with respect to the Bonds. ❑ "Continuing Disclosure Certificate" shall mean that certain Continuing Dis- closure Certificate executed by the Issuer and dated the date of issuance and deliv- ery of the Bonds, as originally executed and as it may be amended from time to time in accordance with the terms thereof. ❑ "Depository Bonds" shall mean the Bonds as issued in the form of one global certificate for each maturity, registered in the Registration Books maintained by the Registrar in the name of DTC or its nominee. ❑ "DTC" shall mean The Depository Trust Company, New York, New York, a limited purpose trust company, or any successor book -entry securities depository ap- pointed for the Bonds. ❑ "Issuer" and "City" shall mean the City of Dubuque, Iowa. ❑ "Participants" shall mean those broker - dealers, banks and other financial institutions for which DTC holds Bonds as securities depository. ❑ "Paying Agent" shall mean Wells Fargo Bank, National Association, or such successor as may be approved by Issuer as provided herein and who shall car- ry out the duties prescribed herein as Issuer's agent to provide for the payment of principal of and interest on the Bonds as the same shall become due. ❑ "Project Fund" shall mean the fund required to be established by this Res- olution for the deposit of the proceeds of the Bonds. ❑ "Registrar" shall mean Wells Fargo Bank, National Association of Minne- apolis, Minnesota, or such successor as may be approved by Issuer as provided herein and who shall carry out the duties prescribed herein with respect to maintain- ing a register of the owners of the Bonds. Unless otherwise specified, the Registrar shall also act as Transfer Agent for the Bonds. ❑ "Representation Letter" shall mean the Blanket Issuer Letter of Represen- tations executed and delivered by the Issuer to DTC on file with DTC. ❑ "Resolution" shall mean this resolution authorizing the Bonds. ❑ "Treasurer" shall mean the Finance Director or such other officer as shall succeed to the same duties and responsibilities with respect to the recording and payment of the Bonds issued hereunder. Section 2. Levy and Certification of Annual Tax; Other Funds to be Used. (a) Levy of Annual Tax. That for the purpose of providing funds to pay the principal and interest of the Bonds hereinafter authorized to be issued, there is hereby levied for each future year the following direct annual tax on all of the taxable property in Dubu- que, Iowa, to -wit: AMOUNT FISCAL YEAR (JULY 1 TO JUNE 30) YEAR OF COLLECTION 2013/2014 G $135,759 1 2014/2015 $139,559 2015/2016 $23,244 $138,309 2016/2017 27 $136,746 2017/2018 $140,028 i 2018/2019 $143,143 2019/2020 $140,780 2020/2021 $143,080 2021/2022 (NOTE: For example the levy to be made and certified against the taxable val- uations of January 1, 2012 will be collected during the fiscal year commencing July 1, 2013.) (b) Resolution to be Filed With County Auditor. A certified copy of this Resolu- tion should be filed with the County Auditor of Dubuque County, State of Iowa, and said Auditor is hereby instructed in and for each of the years as provided, to levy and assess the tax hereby authorized in Section 2 of this Resolution, in like manner as other taxes are levied and assessed, and such taxes so levied in and for each of the years aforesaid be collected in like manner as other taxes of the City are collected, and when collected be used for the purpose of paying principal and interest on said Bonds issued in anticipation of said tax, and for no other purpose whatsoever. (c) Additional City Funds Available. Principal and interest coming due at any time when the proceeds of said tax on hand shall be insufficient to pay the same shall be promptly paid when due from current funds of the City available for that purpose and reimbursement shall be made from such special fund in the amounts thus advanced. Section 3. Bond Fund. Said tax shall be collected each year at the same time and in the same manner as, and in addition to, all other taxes in and for the City, and when col- lected they shall be converted into a special fund within the Debt Service Fund to be known as the "TAXABLE GENERAL OBLIGATION BOND FUND 2012F" (the "Bond Fund "), which is hereby pledged for and shall be used only for the payment of the prin- cipal of and interest on the Bonds hereinafter authorized to be issued; and also there shall be apportioned to said fund its proportion of taxes received by the City from prop- erty that is centrally assessed by the State of Iowa. Section 4. Application of Bond Proceeds. Proceeds of the Bonds other than accrued interest except as may be provided below shall be credited to the Project Fund and ex- pended therefrom for the purposes of issuance. Any amounts on hand in the Project Fund shall be available for the payment of the principal of or interest on the Bonds at any time that other funds shall be insufficient to the purpose, in which event such funds shall be repaid to the Project Fund at the earliest opportunity. Any balance on hand in the Project Fund and not immediately required for its purposes may be invested not in- consistent with limitations provided by law or this Resolution. Accrued interest, if any, shall be deposited in the Bond Fund. Section 5. Investments of Bond Fund Proceeds. All moneys held in the Bond Fund, provided for by Section 3 of this Resolution shall be invested in investments permitted by Chapter 12B, Code of Iowa, 2011, as amended, or deposited in financial institutions which are members of the Federal Deposit Insurance Corporation and the deposits in which are insured thereby and all such deposits exceeding the maximum amount in- sured from time to time by FDIC or its equivalent successor in any one financial institu- tion shall be continuously secured in compliance with Chapter 12C of the Code of Iowa, 2011, as amended, or otherwise by a valid pledge of direct obligations of the United States Government having an equivalent market value. All such interim investments 28 shall mature before the date on which the moneys are required for payment of principal of or interest on the Bonds as herein provided. Section 6. Bond Details, Execution and Redemption. (a) Bond Details. Taxable General Obligation Bonds of the City in the amount of $1,035,000, shall be issued pursuant to the provisions of Sections 403.12, 384.24(3)(q), 384.25 and 384.26 of the City Code of Iowa for the aforesaid pur- pose. The Bonds shall be designated "TAXABLE GENERAL OBLIGATION BOND, SERIES 2012F ", be dated the date of delivery, and bear interest from the date thereof, until payment thereof, at the office of the Paying Agent, said interest payable on December 1, 2013, and semiannually thereafter on the 1st day of June and December in each year until maturity at the rates hereinafter provided. The Bonds shall be executed by the manual or facsimile signature of the Mayor and attested by the manual or facsimile signature of the Clerk, and impressed or printed with the seal of the City and shall be fully registered as to both principal and interest as provided in this Resolution; principal, interest and premium, if any, shall be payable at the office of the Paying Agent by mailing of a check to the registered own- er of the Bond. The Bonds shall be in the denomination of $5,000 or multiples there- of. The Bonds shall mature and bear interest as follows: Principal Interest Maturity Amount Rate June 1St $120,000 1.000% i 2015 $125,000 1.000% .1_ 2016 ! $125,000 1.250% ! 2017 1 $125,000 i 1.375% i 2018 ! $130,000 1.1.450% i 2019 $135,000 i 1.750% _ _ 2020_ - $135,000 1 2.000% 1_ - 2021 $140,000 i 2.200%1 2022 (b) Redemption. Bonds maturing after June 1, 2018 may be called for redemption by the Issuer and paid before maturity on said date or any date thereafter, from any funds regardless of source, in whole or from time to time in part, in any order of ma- turity and within an annual maturity by lot. The terms of redemption shall be par, plus accrued interest to date of call. Thirty days' written notice of redemption shall be given to the registered owner of the Bond. Failure to give such notice by mail to any registered owner of the Bonds or any defect therein shall not affect the validity of any proceedings for the redemption of the Bonds. All bonds or portions thereof called for redemption will cease to bear in- terest after the specified redemption date, provided funds for their redemption are on deposit at the place of payment. If selection by lot within a maturity is required, the Registrar shall designate the bonds to be redeemed by random selection of the names of the registered owners of the entire annual maturity until the total amount of bonds to be called has been reached. Section 7. Issuance of Bonds in Book -Entry Form; Replacement Bonds. (a) Notwithstanding the other provisions of this Resolution regarding registration, ownership, transfer, payment and exchange of the Bonds, unless the Issuer deter- mines to permit the exchange of Depository Bonds for Bonds in the Authorized De- 29 nominations, the Bonds shall be issued as Depository Bonds in denominations of the entire principal amount of each maturity of Bonds (or, if a portion of said principal amount is prepaid, said principal amount less the prepaid amount); and such Deposi- tory Bonds shall be registered in the name of Cede & Co., as nominee of DTC. Pay- ment of semi - annual interest for any Depository Bond shall be made by wire transfer or New York Clearing House or equivalent next day funds to the account of Cede & Co. on the interest payment date for the Bonds at the address indicated in or pursu- ant to the Representation Letter. (b) With respect to Depository Bonds, neither the Issuer nor the Paying Agent shall have any responsibility or obligation to any Participant or to any Beneficial Owner. Without limiting the immediately preceding sentence, neither the Issuer nor the Pay- ing Agent shall have any responsibility or obligation with respect to (i) the accuracy of the records of DTC or its nominee or of any Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any notice with respect to the Bonds, (iii) the payment to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any amount with respect to the principal of, premium, if any, or interest on the Bonds, or (iv) the failure of DTC to provide any information or notification on behalf of any Participant or Beneficial Owner. The Issuer and the Paying Agent may treat DTC or its nominee as, and deem DTC or its nominee to be, the absolute owner of each Bond for the purpose of payment of the principal of, premium, if any, and interest on such Bond, for the purpose of all other matters with respect to such Bond, for the purpose of registering transfers with respect to such Bonds, and for all other purposes whatsoever (except for the giving of certain Bond holder consents, in accordance with the practices and procedures of DTC as may be applicable thereto). The Paying Agent shall pay all principal of, pre- mium, if any, and interest on the Bonds only to or upon the order of the Bondholders as shown on the Registration Books, and all such payments shall be valid and effec- tive to fully satisfy and discharge the Issuer's obligations with respect to the principal of, premium, if any, and interest on the Bonds to the extent so paid. Notwithstanding the provisions of this Resolution to the contrary (including without limitation those provisions relating to the surrender of Bonds, registration thereof, and issuance in Authorized Denominations), as long as the Bonds are Depository Bonds, full effect shall be given to the Representation Letter and the procedures and practices of DTC thereunder, and the Paying Agent shall comply therewith. (c) Upon (i) a determination by the Issuer that DTC is no longer able to carry out its functions or is otherwise determined unsatisfactory, or (ii) a determination by DTC that the Bonds are no longer eligible for its depository services or (iii) a determination by the Paying Agent that DTC has resigned or discontinued its services for the Bonds, if such substitution is authorized by law, the Issuer shall (A) designate a satis- factory substitute depository as set forth below or, if a satisfactory substitute is not found, (B) provide for the exchange of Depository Bonds for replacement Bonds in Authorized Denominations. (d) To the extent authorized by law, if the Issuer determines to provide for the ex- change of Depository Bonds for Bonds in Authorized Denominations, the Issuer shall so notify the Paying Agent and shall provide the Registrar with a supply of executed unauthenticated Bonds to be so exchanged. The Registrar shall thereupon notify the owners of the Bonds and provide for such exchange, and to the extent that the Bene- ficial Owners are designated as the transferee by the owners, the Bonds will be de- 30 livered in appropriate form, content and Authorized Denominations to the Beneficial Owners, as their interests appear. (e) Any substitute depository shall be designated in writing by the Issuer to the Paying Agent. Any such substitute depository shall be a qualified and registered "clearing agency" as provided in Section 17A of the Securities Exchange Act of 1934, as amended. The substitute depository shall provide for (i) immobilization of the De- pository Bonds, (ii) registration and transfer of interests in Depository Bonds by book entries made on records of the depository or its nominee and (iii) payment of principal of, premium, if any, and interest on the Bonds in accordance with and as such inter- ests may appear with respect to such book entries. Section 8. Registration of Bonds; Appointment of Registrar; Transfer; Ownership; De- livery; and Cancellation. (a) Registration. The ownership of Bonds may be transferred only by the making of an entry upon the books kept for the registration and transfer of ownership of the Bonds, and in no other way. Wells Fargo Bank, National Association is hereby ap- pointed as Bond Registrar under the terms of this Resolution and under the provi- sions of a separate agreement with the Issuer filed herewith which is made a part hereof by this reference. Registrar shall maintain the books of the Issuer for the regis- tration of ownership of the Bonds for the payment of principal of and interest on the Bonds as provided in this Resolution. All Bonds shall be negotiable as provided in Ar- ticle 8 of the Uniform Commercial Code and Section 384.31 of the Code of Iowa, sub- ject to the provisions for registration and transfer contained in the Bonds and in this Resolution. (b) Transfer. The ownership of any Bond may be transferred only upon the Regis- tration Books kept for the registration and transfer of Bonds and only upon surrender thereof at the office of the Registrar together with an assignment duly executed by the holder or his duly authorized attorney in fact in such form as shall be satisfactory to the Registrar, along with the address and social security number or federal em- ployer identification number of such transferee (or, if registration is to be made in the name of multiple individuals, of all such transferees). In the event that the address of the registered owner of a Bond (other than a registered owner which is the nominee of the broker or dealer in question) is that of a broker or dealer, there must be dis- closed on the Registration Books the information pertaining to the registered owner required above. Upon the transfer of any such Bond, a new fully registered Bond, of any denomination or denominations permitted by this Resolution in aggregate princi- pal amount equal to the unmatured and unredeemed principal amount of such trans- ferred fully registered Bond, and bearing interest at the same rate and maturing on the same date or dates shall be delivered by the Registrar. (c) Registration of Transferred Bonds. In all cases of the transfer of the Bonds, the Registrar shall register, at the earliest practicable time, on the Registration Books, the Bonds, in accordance with the provisions of this Resolution. (d) Ownership. As to any Bond, the person in whose name the ownership of the same shall be registered on the Registration Books of the Registrar shall be deemed and regarded as the absolute owner thereof for all purposes, and payment of or on account of the principal of any such Bonds and the premium, if any, and interest thereon shall be made only to or upon the order of the registered owner thereof or his legal representative. All such payments shall be valid and effectual to satisfy and dis- charge the liability upon such Bond, including the interest thereon, to the extent of the sum or sums so paid. 31 (e) Cancellation. All Bonds which have been redeemed shall not be reissued but shall be cancelled by the Registrar. All Bonds which are cancelled by the Registrar shall be destroyed and a certificate of the destruction thereof shall be furnished promptly to the Issuer; provided that if the Issuer shall so direct, the Registrar shall forward the cancelled Bonds to the Issuer. (f) Non - Presentment of Bonds. In the event any payment check representing pay- ment of principal of or interest on the Bonds is returned to the Paying Agent or if any bond is not presented for payment of principal at the maturity or redemption date, if funds sufficient to pay such principal of or interest on Bonds shall have been made available to the Paying Agent for the benefit of the owner thereof, all liability of the Is- suer to the owner thereof for such interest or payment of such Bonds shall forthwith cease, terminate and be completely discharged, and thereupon it shall be the duty of the Paying Agent to hold such funds, without liability for interest thereon, for the ben- efit of the owner of such Bonds who shall thereafter be restricted exclusively to such funds for any claim of whatever nature on his part under this Resolution or on, or with respect to, such interest or Bonds. The Paying Agent's obligation to hold such funds shall continue for a period equal to two years and six months following the date on which such interest or principal became due, whether at maturity, or at the date fixed for redemption thereof, or otherwise, at which time the Paying Agent, shall surrender any remaining funds so held to the Issuer, whereupon any claim under this Resolu- tion by the Owners of such interest or Bonds of whatever nature shall be made upon the Issuer. (g) Registration and Transfer Fees. The Registrar may furnish to each owner, at the Issuer's expense, one bond for each annual maturity. The Registrar shall furnish additional bonds in lesser denominations (but not less than the minimum denomina- tion) to an owner who so requests. Section 9. Reissuance of Mutilated, Destroyed, Stolen or Lost Bonds. In case any outstanding Bond shall become mutilated or be destroyed, stolen or lost, the Issuer shall at the request of Registrar authenticate and deliver a new Bond of like tenor and amount as the Bond so mutilated, destroyed, stolen or lost, in exchange and substitu- tion for such mutilated Bond to Registrar, upon surrender of such mutilated Bond, or in lieu of and substitution for the Bond destroyed, stolen or lost, upon filing with the Regis- trar evidence satisfactory to the Registrar and Issuer that such Bond has been de- stroyed, stolen or lost and proof of ownership thereof, and upon furnishing the Registrar and Issuer with satisfactory indemnity and complying with such other reasonable regula- tions as the Issuer or its agent may prescribe and paying such expenses as the Issuer may incur in connection therewith. Section 10. Record Date. Payments of principal and interest, otherwise than upon full redemption, made in respect of any Bond, shall be made to the registered holder there- of or to their designated agent as the same appear on the books of the Registrar on the 15th day of the month preceding the payment date. All such payments shall fully dis- charge the obligations of the Issuer in respect of such Bonds to the extent of the pay- ments so made. Payment of principal shall only be made upon surrender of the Bond to the Paying Agent. Section 11. Execution, Authentication and Delivery of the Bonds. Upon the adoption of this Resolution, the Mayor and Clerk shall execute and deliver the Bonds to the Reg- istrar, who shall authenticate the Bonds and deliver the same to or upon order of the Purchaser. No Bond shall be valid or obligatory for any purpose or shall be entitled to any right or benefit hereunder unless the Registrar shall duly endorse and execute on 32 such Bond a Certificate of Authentication substantially in the form of the Certificate herein set forth. Such Certificate upon any Bond executed on behalf of the Issuer shall be conclusive evidence that the Bond so authenticated has been duly issued under this Resolution and that the holder thereof is entitled to the benefits of this Resolution. No Bonds shall be authenticated and delivered by the Registrar unless and until there shall have been provided the following: 1. A certified copy of the Resolution of Issuer authorizing the issuance of the Bonds; 2. A written order of Issuer signed by the Treasurer of the Issuer directing the authentication and delivery of the Bonds to or upon the order of the Purchaser upon payment of the purchase price as set forth therein; 3. The approving opinion of Ahlers & Cooney, P.C., Bond Counsel, concerning the validity and legality of all the Bonds proposed to be issued. Section 12. Right to Name Substitute Paying Agent or Registrar. Issuer reserves the right to name a substitute, successor Registrar or Paying Agent upon giving prompt writ- ten notice to each registered bondholder. Section 13. Form of Bond. Bonds shall be printed in substantial compliance with standards proposed by the American Standards Institute substantially in the form as [provided]. Section 14. Contract Between Issuer and Purchaser. This Resolution constitutes a contract between said City and the purchaser of the Bonds. Section 15. Severability Clause. If any section, paragraph, clause or provision of this Resolution be held invalid, such invalidity shall not affect any of the remaining provi- sions hereof, and this Resolution shall become effective immediately upon its passage and approval. Section 16. Continuing Disclosure. The Issuer hereby covenants and agrees that it will comply with and carry out all of the provisions of the Continuing Disclosure Certifi- cate, and the provisions of the Continuing Disclosure Certificate are hereby incorpo- rated by reference as part of this Resolution and made a part hereof. Notwithstanding any other provision of this Resolution, failure of the Issuer to comply with the Continuing Disclosure Certificate shall not be considered an event of default under this Resolution; however, any holder of the Bonds or Beneficial Owner may take such actions as may be necessary and appropriate, including seeking specific performance by court order, to cause the Issuer to comply with its obligations under the Continuing Disclosure Certifi- cate. For purposes of this section, "Beneficial Owner" means any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of own- ership of, any Bond (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tax purposes. Section 17. Repeal of Conflicting Resolutions or Ordinances. That all ordinances and resolutions and parts of ordinances and resolutions in conflict herewith are hereby re- pealed. Passed and approved this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk General Obligation Urban Renewal Bonds, Series 2012H - Complete Issuance: City Manager recommending approval of the suggested proceedings to complete the action required on the recent Series 2012H bond issuance. Motion by Lynch to receive and file 33 the documents and adopt Resolution No. 322 -12 Appointing Wells Fargo Bank, National Association of Minneapolis, Minnesota, to serve as paying agent, bond registrar, and transfer agent, approving the paying agent and bond registrar and transfer agent agreement and authorizing the execution of the agreement; and Resolution no. 323 -12 Authorizing and providing for the Issuance of $2,385,000 General Obligation Urban Re- newal Bonds, Series 2012H, and levying a tax to pay said bonds. Seconded by Res- nick. Motion carried 6 -0. RESOLUTION NO. 322 -12 APPOINTING WELLS FARGO BANK, NATIONAL ASSOCIATION OF MINNEAP- OLIS, MINNESOTA, TO SERVE AS PAYING AGENT, BOND REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING AGENT AND BOND REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE EXECUTION OF THE AGREEMENT Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, $2,385,000 General Obligation Urban Renewal Bonds, Series 2012H, dated the date of delivery, have been sold at public sale and action should now be taken to provide for the mainte- nance of records, registration of certificates and payment of principal and interest in connection with the issuance of the bonds; and Whereas, this Council has deemed that the services offered by Wells Fargo Bank, National Association of Minneapolis, Minnesota, are necessary for compliance with rules, regulations, and requirements governing the registration, transfer and payment of registered bonds; and Whereas, a Paying Agent, Bond Registrar and Transfer Agent Agreement (hereafter "Agreement ") has been prepared to be entered into between the City and Wells Fargo Bank, National Association. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF DUBUQUE, IOWA: Section 1. That Wells Fargo Bank, National Association of Minneapolis, Minnesota, is hereby appointed to serve as Paying Agent, Bond Registrar and Transfer Agent in con- nection with the issuance of $2,385,000 General Obligation Urban Renewal Bonds, Se- ries 2012H, dated the date of delivery. Section 2. That the Agreement with Wells Fargo Bank, National Association of Min- neapolis, Minnesota, is hereby approved and that the Mayor and Clerk are authorized to sign the Agreement on behalf of the City. Passed and approved this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk RESOLUTION NO. 323 -12 AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF $2,385,000 GENERAL OBLIGATION URBAN RENEWAL BONDS, SERIES 2012H, AND LEVYING A TAX TO PAY SAID BONDS Whereas, the Issuer is duly incorporated, organized and exists under and by virtue of the laws and Constitution of the State of Iowa; and Whereas, the City is in need of funds to pay costs of aiding in the planning, undertak- ing, and carrying out of urban renewal projects under the authority of chapter 403, in- cluding Industrial Park land acquisitions consultant costs, rail platform - Intermodal Fa- cility, the Multicultural Family Center, a 5th & Bluff ADA restroom, McAleece Park side- walks, urban renewal purposes, and it is deemed necessary and advisable that General 34 Obligation Urban Renewal Bonds, Series 2012H, to the amount of not to exceed $12,000,000 be authorized for said purpose; and Whereas, pursuant to notice published as required by Sections 403.12 and 384.25 of said Code, the Council of the City has held public meeting and hearing upon the pro- posal to institute proceedings for the issuance of bonds, and, no petition for referendum having been received, the Council is therefore now authorized to proceed with the issu- ance of General Obligation Urban Renewal Bonds, Series 2012H; and Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, the above mentioned bonds were heretofore sold at public sale and action should now be taken to issue said bonds conforming to the terms and conditions of the best bid received at the advertised public sale: NOW, THEREFORE, BE IT RESOLVED BY THE Council OF THE City of Dubuque, IOWA: Section 1. Definitions. The following terms shall have the following meanings in this Resolution unless the text expressly or by necessary implication requires otherwise: ❑ "Authorized Denominations" shall mean $5,000 or any integral multiple thereof. ❑ "Beneficial Owner" shall mean the person in whose name such Bond is recorded as the beneficial owner of a Bond by a Participant on the records of such Participant or such person's subrogee. ❑ "Bond Fund" shall mean the fund created in Section 3 of this Resolution. ❑ "Bonds" shall mean $2,385,000 General Obligation Urban Renewal Bonds, Series 2012H, authorized to be issued by this Resolution. ❑ "Cede & Co." shall mean Cede & Co., the nominee of DTC, and any successor nominee of DTC with respect to the Bonds. ❑ "Continuing Disclosure Certificate" shall mean that certain Continuing Disclosure Certificate executed by the Issuer and dated the date of issuance and delivery of the Bonds, as originally executed and as it may be amended from time to time in accord- ance with the terms thereof. ❑ "Depository Bonds" shall mean the Bonds as issued in the form of one global certif- icate for each maturity, registered in the Registration Books maintained by the Registrar in the name of DTC or its nominee. ❑ "DTC" shall mean The Depository Trust Company, New York, New York, a limited purpose trust company, or any successor book -entry securities depository appointed for the Bonds. ❑ "Issuer" and "City" shall mean the City of Dubuque, Iowa. ❑ "Participants" shall mean those broker - dealers, banks and other financial institu- tions for which DTC holds Bonds as securities depository. ❑ "Paying Agent" shall mean Wells Fargo Bank, National Association, or such suc- cessor as may be approved by Issuer as provided herein and who shall carry out the duties prescribed herein as Issuer's agent to provide for the payment of principal of and interest on the Bonds as the same shall become due. ❑ "Project Fund" shall mean the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds. ❑ "Rebate Fund" shall mean the fund so defined in and established pursuant to the Tax Exemption Certificate. ❑ "Registrar" shall mean Wells Fargo Bank, National Association of Minneapolis, Minnesota, or such successor as may be approved by Issuer as provided herein and who shall carry out the duties prescribed herein with respect to maintaining a register of 35 the owners of the Bonds. Unless otherwise specified, the Registrar shall also act as Transfer Agent for the Bonds. ❑ "Representation Letter" shall mean the Blanket Issuer Letter of Representations executed and delivered by the Issuer to DTC on file with DTC. ❑ "Resolution" shall mean this resolution authorizing the Bonds. ❑ "Tax Exemption Certificate" shall mean the Tax Exemption Certificate executed by the Treasurer and delivered at the time of issuance and delivery of the Bonds. ❑ "Treasurer" shall mean the Finance Director or such other officer as shall succeed to the same duties and responsibilities with respect to the recording and payment of the Bonds issued hereunder. Section 2. Levy and Certification of Annual Tax; Other Funds to be Used. (a) Levy of Annual Tax. That for the purpose of providing funds to pay the principal and interest of the Bonds hereinafter authorized to be issued, there is hereby levied for each future year the following direct annual tax on all of the taxable property in Dubu- que, Iowa, to -wit: AMOUNT FISCAL YEAR (JULY 1 TO JUNE 30) YEAR OF COLLECTION _ - $81,964 _______2013/2014 $215,569 2014/2015 - $212, 369 I 2015/2016 --- - - - - -- - -- $214,169 2016/2017 $210,869 2017/2018 _$147,569 ! 2018/2019 - $150,469- } - -__- 2019/2020 - - - -- $148,269 ---------- 2020/2021----- - - - - -- - $151,069 - - - -- 2021/2022 - - - -- _$1_48,269_ -.$148_,769_ ---- - - - - -- 2022/2023 ---- - - - - -- - $151,325 __ - --- 2023/2024 _ $148,625 $150, 775 650 - __ - $149, 525_ ___$151,113 $152,400 $148,550 2024/2025 2025/202!______ __-- 2026/2027 - - - ---------- 2028/2029 ---- - - - - -- ---------- 2029/2030 ---- - - - - -- ����� 2030/2031 ___________ $149,350 2031/2032 (NOTE: For example the levy to be made and certified against the taxable valuations of January 1, 2011 will be collected during the fiscal year commencing July 1, 2012.) (b) Resolution to be Filed With County Auditor. A certified copy of this Resolution should be filed with the County Auditor of Dubuque County, State of Iowa, and said Au- ditor is hereby instructed in and for each of the years as provided, to levy and assess the tax hereby authorized in Section 2 of this Resolution, in like manner as other taxes are levied and assessed, and such taxes so levied in and for each of the years afore- said be collected in like manner as other taxes of the City are collected, and when col- lected be used for the purpose of paying principal and interest on said Bonds issued in 36 anticipation of said tax, and for no other purpose whatsoever. (c) Additional City Funds Available. Principal and interest coming due at any time when the proceeds of said tax on hand shall be insufficient to pay the same shall be promptly paid when due from current funds of the City available for that purpose and reimbursement shall be made from such special fund in the amounts thus advanced. Section 3. Bond Fund. Said tax shall be collected each year at the same time and in the same manner as, and in addition to, all other taxes in and for the City, and when col- lected they shall be converted into a special fund within the Debt Service Fund to be known as the "GENERAL OBLIGATION URBAN RENEWAL BOND FUND 2012H" (the "Bond Fund "), which is hereby pledged for and shall be used only for the payment of the principal of and interest on the Bonds hereinafter authorized to be issued; and also there shall be apportioned to said fund its proportion of taxes received by the City from property that is centrally assessed by the State of Iowa. Section 4. Application of Bond Proceeds. Proceeds of the Bonds other than accrued interest except as may be provided below shall be credited to the Project Fund and ex- pended therefrom for the purposes of issuance. Any amounts on hand in the Project Fund shall be available for the payment of the principal of or interest on the Bonds at any time that other funds shall be insufficient to the purpose, in which event such funds shall be repaid to the Project Fund at the earliest opportunity. Any balance on hand in the Project Fund and not immediately required for its purposes may be invested not in- consistent with limitations provided by law or this Resolution. Accrued interest, if any, shall be deposited in the Bond Fund. Section 5. Investments of Bond Fund Proceeds. All moneys held in the Bond Fund, provided for by Section 3 of this Resolution shall be invested in investments permitted by Chapter 12B, Code of Iowa, 2011, as amended, or deposited in financial institutions which are members of the Federal Deposit Insurance Corporation and the deposits in which are insured thereby and all such deposits exceeding the maximum amount in- sured from time to time by FDIC or its equivalent successor in any one financial institu- tion shall be continuously secured in compliance with Chapter 12C of the Code of Iowa, 2011, as amended, or otherwise by a valid pledge of direct obligations of the United States Government having an equivalent market value. All such interim investments shall mature before the date on which the moneys are required for payment of principal of or interest on the Bonds as herein provided. Section 6. Bond Details, Execution and Redemption. (a) Bond Details. General Obligation Urban Renewal Bonds of the City in the amount of $2,385,000, shall be issued pursuant to the provisions of Section 403.12 of the City Code of Iowa for the aforesaid purpose. The Bonds shall be designated "general obliga- tion URBAN RENEWAL bond, SERIES 2012H ", be dated the date of delivery, and bear interest from the date thereof, until payment thereof, at the office of the Paying Agent, said interest payable on December 1, 2013, and semiannually thereafter on the 1st day of June and December in each year until maturity at the rates hereinafter provided. The Bonds shall be executed by the manual or facsimile signature of the Mayor and attested by the manual or facsimile signature of the Clerk, and impressed or printed with the seal of the City and shall be fully registered as to both principal and interest as pro- vided in this Resolution; principal, interest and premium, if any, shall be payable at the office of the Paying Agent by mailing of a check to the registered owner of the Bond. The Bonds shall be in the denomination of $5,000 or multiples thereof. The Bonds shall mature and bear interest as [provided]: *Term Bonds 37 (b) Mandatory Payment and Redemption of Term Bonds. All Term Bonds are subject to mandatory redemption prior to maturity at a price equal to 100% of the portion of the principal amount thereof to be redeemed plus accrued interest at the redemption date of June 1st of each of the years in the principal amount set opposite each year in the [pro- vided] schedule: Final Maturity The principal amount of Term Bonds may be reduced through the earlier optional re- demption, with any partial optional redemption of the Term Bonds credited against fu- ture mandatory redemption requirements for such Term Bonds in such order as the Council shall determine. (c) Optional Redemption. Bonds maturing after June 1, 2018 may be called for re- demption by the Issuer and paid before maturity on said date or any date thereafter, from any funds regardless of source, in whole or from time to time in part, in any order of maturity and within an annual maturity by lot. The terms of redemption shall be par, plus accrued interest to date of call. Thirty days' written notice of redemption shall be given to the registered owner of the Bond. Failure to give such notice by mail to any registered owner of the Bonds or any defect therein shall not affect the validity of any proceedings for the redemption of the Bonds. All bonds or portions thereof called for redemption will cease to bear interest af- ter the specified redemption date, provided funds for their redemption are on deposit at the place of payment. If selection by lot within a maturity is required, the Registrar shall designate the bonds to be redeemed by random selection of the names of the registered owners of the entire annual maturity until the total amount of bonds to be called has been reached. Section 7. Issuance of Bonds in Book -Entry Form; Replacement Bonds. (a) Notwithstanding the other provisions of this Resolution regarding registration, ownership, transfer, payment and exchange of the Bonds, unless the Issuer determines to permit the exchange of Depository Bonds for Bonds in the Authorized Denomina- tions, the Bonds shall be issued as Depository Bonds in denominations of the entire principal amount of each maturity of Bonds (or, if a portion of said principal amount is prepaid, said principal amount less the prepaid amount); and such Depository Bonds shall be registered in the name of Cede & Co., as nominee of DTC. Payment of semi- annual interest for any Depository Bond shall be made by wire transfer or New York Clearing House or equivalent next day funds to the account of Cede & Co. on the inter- est payment date for the Bonds at the address indicated in or pursuant to the Represen- tation Letter. (b) With respect to Depository Bonds, neither the Issuer nor the Paying Agent shall have any responsibility or obligation to any Participant or to any Beneficial Owner. With- out limiting the immediately preceding sentence, neither the Issuer nor the Paying Agent shall have any responsibility or obligation with respect to (i) the accuracy of the records of DTC or its nominee or of any Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any notice with respect to the Bonds, (iii) the payment to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any amount with respect to the principal of, premium, if any, or interest on the Bonds, or (iv) the failure of DTC to provide any information or notification on behalf of any Participant or Beneficial Owner. The Issuer and the Paying Agent may treat DTC or its nominee as, and deem DTC or its nominee to be, the absolute owner of each Bond for the purpose of payment of the 38 principal of, premium, if any, and interest on such Bond, for the purpose of all other mat- ters with respect to such Bond, for the purpose of registering transfers with respect to such Bonds, and for all other purposes whatsoever (except for the giving of certain Bond holder consents, in accordance with the practices and procedures of DTC as may be applicable thereto). The Paying Agent shall pay all principal of, premium, if any, and interest on the Bonds only to or upon the order of the Bondholders as shown on the Registration Books, and all such payments shall be valid and effective to fully satisfy and discharge the Issuer's obligations with respect to the principal of, premium, if any, and interest on the Bonds to the extent so paid. Notwithstanding the provisions of this Resolution to the contrary (including without limitation those provisions relating to the surrender of Bonds, registration thereof, and issuance in Authorized Denominations), as long as the Bonds are Depository Bonds, full effect shall be given to the Representation Letter and the procedures and practices of DTC thereunder, and the Paying Agent shall comply therewith. (c) Upon (i) a determination by the Issuer that DTC is no longer able to carry out its functions or is otherwise determined unsatisfactory, or (ii) a determination by DTC that the Bonds are no longer eligible for its depository services or (iii) a determination by the Paying Agent that DTC has resigned or discontinued its services for the Bonds, if such substitution is authorized by law, the Issuer shall (A) designate a satisfactory substitute depository as set forth below or, if a satisfactory substitute is not found, (B) provide for the exchange of Depository Bonds for replacement Bonds in Authorized Denominations. (d) To the extent authorized by law, if the Issuer determines to provide for the ex- change of Depository Bonds for Bonds in Authorized Denominations, the Issuer shall so notify the Paying Agent and shall provide the Registrar with a supply of executed unau- thenticated Bonds to be so exchanged. The Registrar shall thereupon notify the owners of the Bonds and provide for such exchange, and to the extent that the Beneficial Own- ers are designated as the transferee by the owners, the Bonds will be delivered in ap- propriate form, content and Authorized Denominations to the Beneficial Owners, as their interests appear. (e) Any substitute depository shall be designated in writing by the Issuer to the Pay- ing Agent. Any such substitute depository shall be a qualified and registered "clearing agency" as provided in Section 17A of the Securities Exchange Act of 1934, as amend- ed. The substitute depository shall provide for (i) immobilization of the Depository Bonds, (ii) registration and transfer of interests in Depository Bonds by book entries made on records of the depository or its nominee and (iii) payment of principal of, pre- mium, if any, and interest on the Bonds in accordance with and as such interests may appear with respect to such book entries. Section 8. Registration of Bonds; Appointment of Registrar; Transfer; Ownership; De- livery; and Cancellation. (a) Registration. The ownership of Bonds may be transferred only by the making of an entry upon the books kept for the registration and transfer of ownership of the Bonds, and in no other way. Wells Fargo Bank, National Association is hereby appointed as Bond Registrar under the terms of this Resolution and under the provisions of a sepa- rate agreement with the Issuer filed herewith which is made a part hereof by this refer- ence. Registrar shall maintain the books of the Issuer for the registration of ownership of the Bonds for the payment of principal of and interest on the Bonds as provided in this Resolution. All Bonds shall be negotiable as provided in Article 8 of the Uniform Com- mercial Code and Section 384.31 of the Code of Iowa, subject to the provisions for reg- istration and transfer contained in the Bonds and in this Resolution. 39 (b) Transfer. The ownership of any Bond may be transferred only upon the Registra- tion Books kept for the registration and transfer of Bonds and only upon surrender thereof at the office of the Registrar together with an assignment duly executed by the holder or his duly authorized attorney in fact in such form as shall be satisfactory to the Registrar, along with the address and social security number or federal employer identi- fication number of such transferee (or, if registration is to be made in the name of multi- ple individuals, of all such transferees). In the event that the address of the registered owner of a Bond (other than a registered owner which is the nominee of the broker or dealer in question) is that of a broker or dealer, there must be disclosed on the Registra- tion Books the information pertaining to the registered owner required above. Upon the transfer of any such Bond, a new fully registered Bond, of any denomination or denomi- nations permitted by this Resolution in aggregate principal amount equal to the unma- tured and unredeemed principal amount of such transferred fully registered Bond, and bearing interest at the same rate and maturing on the same date or dates shall be de- livered by the Registrar. (c) Registration of Transferred Bonds. In all cases of the transfer of the Bonds, the Registrar shall register, at the earliest practicable time, on the Registration Books, the Bonds, in accordance with the provisions of this Resolution. (d) Ownership. As to any Bond, the person in whose name the ownership of the same shall be registered on the Registration Books of the Registrar shall be deemed and regarded as the absolute owner thereof for all purposes, and payment of or on ac- count of the principal of any such Bonds and the premium, if any, and interest thereon shall be made only to or upon the order of the registered owner thereof or his legal rep- resentative. All such payments shall be valid and effectual to satisfy and discharge the liability upon such Bond, including the interest thereon, to the extent of the sum or sums so paid. (e) Cancellation. All Bonds which have been redeemed shall not be reissued but shall be cancelled by the Registrar. All Bonds which are cancelled by the Registrar shall be destroyed and a certificate of the destruction thereof shall be furnished promptly to the Issuer; provided that if the Issuer shall so direct, the Registrar shall forward the can- celled Bonds to the Issuer. (f) Non - Presentment of Bonds. In the event any payment check representing pay- ment of principal of or interest on the Bonds is returned to the Paying Agent or if any bond is not presented for payment of principal at the maturity or redemption date, if funds sufficient to pay such principal of or interest on Bonds shall have been made available to the Paying Agent for the benefit of the owner thereof, all liability of the Issu- er to the owner thereof for such interest or payment of such Bonds shall forthwith cease, terminate and be completely discharged, and thereupon it shall be the duty of the Pay- ing Agent to hold such funds, without liability for interest thereon, for the benefit of the owner of such Bonds who shall thereafter be restricted exclusively to such funds for any claim of whatever nature on his part under this Resolution or on, or with respect to, such interest or Bonds. The Paying Agent's obligation to hold such funds shall continue for a period equal to two years and six months following the date on which such interest or principal became due, whether at maturity, or at the date fixed for redemption thereof, or otherwise, at which time the Paying Agent, shall surrender any remaining funds so held to the Issuer, whereupon any claim under this Resolution by the Owners of such interest or Bonds of whatever nature shall be made upon the Issuer. (g) Registration and Transfer Fees. The Registrar may furnish to each owner, at the Issuer's expense, one bond for each annual maturity. The Registrar shall furnish addi- 40 tional bonds in lesser denominations (but not less than the minimum denomination) to an owner who so requests. Section 9. Reissuance of Mutilated, Destroyed, Stolen or Lost Bonds. In case any outstanding Bond shall become mutilated or be destroyed, stolen or lost, the Issuer shall at the request of Registrar authenticate and deliver a new Bond of like tenor and amount as the Bond so mutilated, destroyed, stolen or lost, in exchange and substitu- tion for such mutilated Bond to Registrar, upon surrender of such mutilated Bond, or in lieu of and substitution for the Bond destroyed, stolen or lost, upon filing with the Regis- trar evidence satisfactory to the Registrar and Issuer that such Bond has been de- stroyed, stolen or lost and proof of ownership thereof, and upon furnishing the Registrar and Issuer with satisfactory indemnity and complying with such other reasonable regula- tions as the Issuer or its agent may prescribe and paying such expenses as the Issuer may incur in connection therewith. Section 10. Record Date. Payments of principal and interest, otherwise than upon full redemption, made in respect of any Bond, shall be made to the registered holder there- of or to their designated agent as the same appear on the books of the Registrar on the 15th day of the month preceding the payment date. All such payments shall fully dis- charge the obligations of the Issuer in respect of such Bonds to the extent of the pay- ments so made. Payment of principal shall only be made upon surrender of the Bond to the Paying Agent. Section 11. Execution, Authentication and Delivery of the Bonds. Upon the adoption of this Resolution, the Mayor and Clerk shall execute and deliver the Bonds to the Reg- istrar, who shall authenticate the Bonds and deliver the same to or upon order of the Purchaser. No Bond shall be valid or obligatory for any purpose or shall be entitled to any right or benefit hereunder unless the Registrar shall duly endorse and execute on such Bond a Certificate of Authentication substantially in the form of the Certificate herein set forth. Such Certificate upon any Bond executed on behalf of the Issuer shall be conclusive evidence that the Bond so authenticated has been duly issued under this Resolution and that the holder thereof is entitled to the benefits of this Resolution. No Bonds shall be authenticated and delivered by the Registrar unless and until there shall have been provided the following: 1. A certified copy of the Resolution of Issuer authorizing the issuance of the Bonds; 2. A written order of Issuer signed by the Treasurer of the Issuer directing the authen- tication and delivery of the Bonds to or upon the order of the Purchaser upon payment of the purchase price as set forth therein; 3. The approving opinion of Ahlers & Cooney, P.C., Bond Counsel, concerning the validity and legality of all the Bonds proposed to be issued. Section 12. Right to Name Substitute Paying Agent or Registrar. Issuer reserves the right to name a substitute, successor Registrar or Paying Agent upon giving prompt writ- ten notice to each registered bondholder. Section 13. Form of Bond. Bonds shall be printed in substantial compliance with standards proposed by the American Standards Institute substantially in the form as [provided]. Section 14. Contract Between Issuer and Purchaser. This Resolution constitutes a contract between said City and the purchaser of the Bonds. Section 15. Non - Arbitrage Covenants. The Issuer reasonably expects and covenants that no use will be made of the proceeds from the issuance and sale of the Bonds is- sued hereunder which will cause any of the Bonds to be classified as arbitrage bonds within the meaning of Sections 148(a) and (b) of the Internal Revenue Code of the Unit- 41 ed States, as amended, and that throughout the term of the Bonds it will comply with the requirements of statutes and regulations issued thereunder. To the best knowledge and belief of the Issuer, there are no facts or circumstances that would materially change the foregoing statements or the conclusion that it is not expected that the proceeds of the Bonds will be used in a manner that would cause the Bonds to be arbitrage bonds. Without limiting the generality of the foregoing, the Issuer hereby agrees to comply with the provisions of the Tax Exemption Certificate and the provisions of the Tax Exemption Certificate are hereby incorporated by reference as part of this Resolution. The Treasurer is hereby directed to make and insert all calcula- tions and determinations necessary to complete the Tax Exemption Certificate in all re- spects and to execute and deliver the Tax Exemption Certificate at issuance of the Bonds to certify as to the reasonable expectations and covenants of the Issuer at that date. Section 16. Severability Clause. If any section, paragraph, clause or provision of this Resolution be held invalid, such invalidity shall not affect any of the remaining provi- sions hereof, and this Resolution shall become effective immediately upon its passage and approval. Section 17. Continuing Disclosure. The Issuer hereby covenants and agrees that it will comply with and carry out all of the provisions of the Continuing Disclosure Certifi- cate, and the provisions of the Continuing Disclosure Certificate are hereby incorpo- rated by reference as part of this Resolution and made a part hereof. Notwithstanding any other provision of this Resolution, failure of the Issuer to comply with the Continuing Disclosure Certificate shall not be considered an event of default under this Resolution; however, any holder of the Bonds or Beneficial Owner may take such actions as may be necessary and appropriate, including seeking specific performance by court order, to cause the Issuer to comply with its obligations under the Continuing Disclosure Certifi- cate. For purposes of this section, "Beneficial Owner" means any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of own- ership of, any Bond (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tax purposes. Section 18. Additional Covenants, Representations and Warranties of the Issuer. The Issuer certifies and covenants with the purchasers and holders of the Bonds from time to time outstanding that the Issuer through its officers, (a) will make such further specific covenants, representations and assurances as may be necessary or advisable; (b) comply with all representations, covenants and assurances contained in the Tax Ex- emption Certificate, which Tax Exemption Certificate shall constitute a part of the con- tract between the Issuer and the owners of the Bonds;(c) consult with bond counsel (as defined in the Tax Exemption Certificate); (d) pay to the United States, as necessary, such sums of money representing required rebates of excess arbitrage profits relating to the Bonds;(e) file such forms, statements and supporting documents as may be re- quired and in a timely manner; and (f) if deemed necessary or advisable by its officers, to employ and pay fiscal agents, financial advisors, attorneys and other persons to as- sist the Issuer in such compliance. Section 19. Amendment of Resolution to Maintain Tax Exemption. This Resolution may be amended without the consent of any owner of the Bonds if, in the opinion of bond counsel, such amendment is necessary to maintain tax exemption with respect to the Bonds under applicable Federal law or regulations. Section 20. Repeal of Conflicting Resolutions or Ordinances. That all ordinances and 42 resolutions and parts of ordinances and resolutions in conflict herewith are hereby re- pealed. Passed and approved this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin S. Firnstahl, City Clerk Taxable General Obligation Refunding Bonds, Series 20121 - Complete Issuance: City Manager recommending approval of the suggested proceedings to complete the action required on the recent Series 20121 bond issuance. Motion by Lynch to receive and file the documents and adopt Resolution No. 324 -12 Appointing Wells Fargo Bank, National Association of Minneapolis, Minnesota, to serve as paying agent, bond regis- trar, and transfer agent, approving the paying agent and bond registrar and transfer agent agreement and authorizing the execution of the agreement; and Resolution No. 325 -12 Authorizing and providing for the issuance of $7,285,000 Taxable General Obli- gation Refunding Bonds, Series 20121, and levying a tax to pay said bonds. Seconded by Braig. Motion carried 6 -0. RESOLUTION NO. 324 -12 APPOINTING WELLS FARGO BANK, NATIONAL ASSOCIATION OF MINNEAP- OLIS, MINNESOTA, TO SERVE AS PAYING AGENT, BOND REGISTRAR, AND TRANSFER AGENT, APPROVING THE PAYING AGENT AND BOND REGISTRAR AND TRANSFER AGENT AGREEMENT AND AUTHORIZING THE EXECUTION OF THE AGREEMENT Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, $7,285,000 Taxable General Obligation Refunding Bonds, Series 20121, dated the date of delivery, have been sold at public sale and action should now be taken to provide for the mainte- nance of records, registration of certificates and payment of principal and interest in connection with the issuance of the bonds; and Whereas, this Council has deemed that the services offered by Wells Fargo Bank, National Association of Minneapolis, Minnesota, are necessary for compliance with rules, regulations, and requirements governing the registration, transfer and payment of registered bonds; and Whereas, a Paying Agent, Bond Registrar and Transfer Agent Agreement (hereafter "Agreement ") has been prepared to be entered into between the City and Wells Fargo Bank, National Association. NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF DUBUQUE, IOWA: Section 1. That Wells Fargo Bank, National Association of Minneapolis, Minnesota, is hereby appointed to serve as Paying Agent, Bond Registrar and Transfer Agent in con- nection with the issuance of $7,285,000 Taxable General Obligation Refunding Bonds, Series 20121, dated the date of delivery. Section 2. That the Agreement with Wells Fargo Bank, National Association of Min- neapolis, Minnesota, is hereby approved and that the Mayor and Clerk are authorized to sign the Agreement on behalf of the City. Passed and approved this 19th day of Novemvber, 2012. Attest: Kevin S. Firnstahl, City Clerk 43 Roy D. Buol, Mayor RESOLUTION NO. 325 -12 AUTHORIZING AND PROVIDING FOR THE ISSUANCE OF $7,285,000 TAXABLE GENERAL OBLIGATION REFUNDING BONDS, SERIES 20121, AND LEVYING A TAX TO PAY SAID BONDS Whereas, the Issuer is duly incorporated, organized and exists under and by virtue of the laws and Constitution of the State of Iowa; and Whereas, the City is in need of funds to pay costs of adjusting, extending and refund- ing existing general obligation indebtedness of the City as is more fully set forth in the schedule of Bonds to be refunded, hereinafter set forth as Exhibit "A ", attached to this resolution, and it is deemed necessary and advisable that the City should authorize Taxable General Obligation Refunding Bonds, Series 20121, to the amount of not to ex- ceed $12,000,000 for such purpose; and Whereas, it is found and determined that the aforesaid adjustment and refunding of present indebtedness is necessary and in the public interest and will benefit the City and its taxpayers by restructuring four (4) outstanding issue(s) of Bonds for purposes of more efficient administration thereof; by conforming the debt service requirements to the anticipated receipt of tax funds thereby reducing the impact of delays in the collection of future taxes upon the City's cash flow; and to adjust the requirements of the outstanding indebtedness so as to facilitate the orderly retirement of Bonds anticipated to be issued for future capital improvements; and Whereas, it presently appears that the aforesaid benefits may be realized and at the same time savings may be effected in the debt service fund requirements of the City by refunding of the bonds set forth in the schedule set forth as Exhibit "A ", attached to this Resolution and made a part hereof by this reference; and Whereas, the City is in need of funds to pay costs of aiding in the planning, undertak- ing, and carrying out of urban renewal projects under the authority of chapter 403, in- cluding the refunding and refinancing of outstanding City indebtedness, including the General Obligation Urban Renewal Bonds, Taxable Series 2005C, the General Obliga- tion Urban Renewal Bonds, Series 2006B, the General Obligation Refunding Bonds, Series 2006C, and the General Obligation Bonds, Series 2007B, issued for such pur- poses to achieve savings and facilitate the use of committed private parking arrange- ments in connection with future downtown development projects, and it is deemed nec- essary and advisable that Taxable General Obligation Bonds, Series 20121, to the amount of not to exceed $12,000,000 be authorized for said purpose; and Whereas, pursuant to notice published as required by Section 384.26(5) of said Code, the Council of the City has held public meeting and hearing upon the proposal to institute proceedings for the issuance of bonds, and, no petition for referendum having been received, the Council is therefore now authorized to proceed with the issuance of Bonds thereof; and Whereas, the Council is therefore now authorized under Iowa Code Sections 403.12, 384.24(3)(q) and 384.25 to proceed with the issuance of $7,285,000 Bonds; and Whereas, pursuant to the provisions of Chapter 75 of the Code of Iowa, the above mentioned bonds were heretofore sold at public sale and action should now be taken to issue said bonds conforming to the terms and conditions of the best bid received at the advertised public sale. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. Definitions. The following terms shall have the following meanings in this Resolution unless the text expressly or by necessary implication requires otherwise: 44 • "Authorized Denominations" shall mean $5,000 or any integral multiple thereof. • "Beneficial Owner" shall mean the person in whose name such Bond is record- ed as the beneficial owner of a Bond by a Participant on the records of such Participant or such person's subrogee. • "Bond Fund" shall mean the fund created in Section 3 of this Resolution. • "Bonds" shall mean $7,285,000 Taxable General Obligation Refunding Bonds, Series 20121, authorized to be issued by this Resolution. • "Cede & Co." shall mean Cede & Co., the nominee of DTC, and any successor nominee of DTC with respect to the Bonds. • "Continuing Disclosure Certificate" shall mean that certain Continuing Disclo- sure Certificate executed by the Issuer and dated the date of issuance and de- livery of the Bonds, as originally executed and as it may be amended from time to time in accordance with the terms thereof. • "Depository Bonds" shall mean the Bonds as issued in the form of one global certificate for each maturity, registered in the Registration Books maintained by the Registrar in the name of DTC or its nominee. • "DTC" shall mean The Depository Trust Company, New York, New York, a lim- ited purpose trust company, or any successor book -entry securities depository appointed for the Bonds. • "Escrow Fund" shall mean the fund established under the terms of a Refunding Trust Agreement dated the date of delivery, for the deposit of the proceeds of the Bonds issued hereunder. • "Issuer" and "City" shall mean the City of Dubuque, Iowa. • "Participants" shall mean those broker - dealers, banks and other financial insti- tutions for which DTC holds Bonds as securities depository. • "Paying Agent" shall mean Wells Fargo Bank, National Association, or such successor as may be approved by Issuer as provided herein and who shall car- ry out the duties prescribed herein as Issuer's agent to provide for the payment of principal of and interest on the Bonds as the same shall become due. • "Refunded Bonds" shall mean the General Obligation Urban Renewal Bonds, Taxable Series 2005C, the General Obligation Urban Renewal Bonds, Series 2006B, the General Obligation Refunding Bonds, Series 2006C, and the Gen- eral Obligation Bonds, Series 2007B Bonds. • "Refunding Trust Agreement" shall mean the Refunding Trust Agreement dated December 4, 2012 between the Issuer and Wells Fargo Bank, N.A. • "Registrar" shall mean Wells Fargo Bank, National Association of Minneapolis, Minnesota, or such successor as may be approved by Issuer as provided here- in and who shall carry out the duties prescribed herein with respect to maintain- ing a register of the owners of the Bonds. Unless otherwise specified, the Reg- istrar shall also act as Transfer Agent for the Bonds. • "Representation Letter" shall mean the Blanket Issuer Letter of Representations executed and delivered by the Issuer to DTC on file with DTC. • "Resolution" shall mean this resolution authorizing the Bonds. • "Treasurer" shall mean the Finance Director or such other officer as shall suc- ceed to the same duties and responsibilities with respect to the recording and payment of the Bonds issued hereunder. • "Trustee" shall mean Wells Fargo Bank, National Association of Minneapolis, Minnesota, or its successor as may be approved pursuant to the "Refunding 45 Trust Agreement" referred to herein between the Issuer and the Trustee for the purpose of insuring the payment of the outstanding bonds. Section 2. Levy and Certification of Annual Tax; Other Funds to be Used. (a) Levy of Annual Tax. That for the purpose of providing funds to pay the principal and interest of the Bonds hereinafter authorized to be issued, there is hereby levied for each future year the [provided] direct annual tax on all of the taxable property in Dubuque, Iowa, to -wit: (b) Resolution to be Filed With County Auditor. A certified copy of this Resolution should be filed with the County Auditor of Dubuque County, State of Iowa, and said Auditor is hereby instructed in and for each of the years as provided, to levy and as- sess the tax hereby authorized in Section 2 of this Resolution, in like manner as other taxes are levied and assessed, and such taxes so levied in and for each of the years aforesaid be collected in like manner as other taxes of the City are collected, and when collected be used for the purpose of paying principal and interest on said Bonds issued in anticipation of said tax, and for no other purpose whatsoever. (c) Additional City Funds Available. Principal and interest coming due at any time when the proceeds of said tax on hand shall be insufficient to pay the same shall be promptly paid when due from current funds of the City available for that purpose and reimbursement shall be made from such special fund in the amounts thus advanced. Section 3. Bond Fund. Said tax shall be collected each year at the same time and in the same manner as, and in addition to, all other taxes in and for the City, and when col- lected they shall be converted into a special fund within the Debt Service Fund to be known as the "TAXABLE GENERAL OBLIGATION REFUNDING BOND FUND 20121" (the "Bond Fund "), which is hereby pledged for and shall be used only for the payment of the principal of and interest on the Bonds hereinafter authorized to be issued; and al- so there shall be apportioned to said fund its proportion of taxes received by the City from property that is centrally assessed by the State of Iowa. Section 4. Application of Bond Proceeds. Proceeds of the Bonds in the amount of $7,294,553.15 shall be deposited in the Escrow Fund and applied to the redemption of the Refunded Bonds on June 1, 2013, in accordance with the Refunding Trust Agree- ment with Wells Fargo Bank, N.A., as Trustee under the Refunding Trust Agreement dated as of the date of delivery. The Trustee shall 1) hold such proceeds in a special and irrevocable trust fund, 2) invest such proceeds only in cash or direct obligations of the United States, and 3) apply such proceeds and earnings thereon only in accordance with the terms and conditions of the Refunding Trust Agreement. All the terms and con- ditions of the Refunding Trust Agreement are hereby incorporated by reference in this Resolution as if set forth herein in full. The Refunding Trust Agreement is hereby ap- proved and confirmed as binding upon the Issuer, and the Mayor and City Clerk are hereby authorized to execute the Refunding Trust Agreement on behalf of the Issuer and to authorize Wells Fargo Bank, N.A., as Paying Agent and Registrar of the Refund- ed Bonds, to call the Refunded Bonds for redemption pursuant to the provisions of the resolution authorizing their issuance. The remaining proceeds of the Bonds shall be ex- pended for the purposes of paying costs of issuance. Section 5. Investments of Bond Fund Proceeds. All moneys held in the Bond Fund, provided for by Section 3 of this Resolution shall be invested in investments permitted by Chapter 12B, Code of Iowa, 2011, as amended, or deposited in financial institutions which are members of the Federal Deposit Insurance Corporation and the deposits in which are insured thereby and all such deposits exceeding the maximum amount in- sured from time to time by FDIC or its equivalent successor in any one financial institu- 46 tion shall be continuously secured in compliance with Chapter 12C of the Code of Iowa, 2011, as amended, or otherwise by a valid pledge of direct obligations of the United States Government having an equivalent market value. All such interim investments shall mature before the date on which the moneys are required for payment of principal of or interest on the Bonds as herein provided. Section 6. Bond Details, Execution and Redemption. (a) Bond Details. Taxable General Obligation Refunding Bonds of the City in the amount of $7,285,000, shall be issued pursuant to the provisions of Sections 403.12, 384.25 and 384.26 of the City Code of Iowa for the aforesaid purpose. The Bonds shall be designated "TAXABLE GENERAL OBLIGATION REFUNDING BOND, SE- RIES 20121 ", be dated the date of delivery, and bear interest from the date thereof, until payment thereof, at the office of the Paying Agent, said interest payable on June 1, 2013, and semiannually thereafter on the IS day of June and December in each year until maturity at the rates hereinafter provided. The Bonds shall be executed by the manual or facsimile signature of the Mayor and attested by the manual or facsimile signature of the Clerk, and impressed or printed with the seal of the City and shall be fully registered as to both principal and interest as provided in this Resolution; principal, interest and premium, if any, shall be payable at the office of the Paying Agent by mailing of a check to the registered own- er of the Bond. The Bonds shall be in the denomination of $5,000 or multiples there- of. The Bonds shall mature and bear interest as [provided]: (b) Redemption. Bonds maturing after June 1, 2018 may be called for redemption by the Issuer and paid before maturity on said date or any date thereafter, from any funds regardless of source, in whole or from time to time in part, in any order of ma- turity and within an annual maturity by lot. The terms of redemption shall be par, plus accrued interest to date of call. Thirty days' written notice of redemption shall be given to the registered owner of the Bond. Failure to give such notice by mail to any registered owner of the Bonds or any defect therein shall not affect the validity of any proceedings for the redemption of the Bonds. All bonds or portions thereof called for redemption will cease to bear in- terest after the specified redemption date, provided funds for their redemption are on deposit at the place of payment. If selection by lot within a maturity is required, the Registrar shall designate the bonds to be redeemed by random selection of the names of the registered owners of the entire annual maturity until the total amount of bonds to be called has been reached. Section 7. Issuance of Bonds in Book -Entry Form; Replacement Bonds. (a) Notwithstanding the other provisions of this Resolution regarding registration, ownership, transfer, payment and exchange of the Bonds, unless the Issuer deter- mines to permit the exchange of Depository Bonds for Bonds in the Authorized De- nominations, the Bonds shall be issued as Depository Bonds in denominations of the entire principal amount of each maturity of Bonds (or, if a portion of said principal amount is prepaid, said principal amount less the prepaid amount); and such Deposi- tory Bonds shall be registered in the name of Cede & Co., as nominee of DTC. Pay- ment of semi - annual interest for any Depository Bond shall be made by wire transfer or New York Clearing House or equivalent next day funds to the account of Cede & Co. on the interest payment date for the Bonds at the address indicated in or pursu- ant to the Representation Letter. (b) With respect to Depository Bonds, neither the Issuer nor the Paying Agent shall 47 have any responsibility or obligation to any Participant or to any Beneficial Owner. Without limiting the immediately preceding sentence, neither the Issuer nor the Pay- ing Agent shall have any responsibility or obligation with respect to (i) the accuracy of the records of DTC or its nominee or of any Participant with respect to any ownership interest in the Bonds, (ii) the delivery to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any notice with respect to the Bonds, (iii) the payment to any Participant, any Beneficial Owner or any other person, other than DTC or its nominee, of any amount with respect to the principal of, premium, if any, or interest on the Bonds, or (iv) the failure of DTC to provide any information or notification on behalf of any Participant or Beneficial Owner. The Issuer and the Paying Agent may treat DTC or its nominee as, and deem DTC or its nominee to be, the absolute owner of each Bond for the purpose of payment of the principal of, premium, if any, and interest on such Bond, for the purpose of all other matters with respect to such Bond, for the purpose of registering transfers with respect to such Bonds, and for all other purposes whatsoever (except for the giving of certain Bond holder consents, in accordance with the practices and procedures of DTC as may be applicable thereto). The Paying Agent shall pay all principal of, pre- mium, if any, and interest on the Bonds only to or upon the order of the Bondholders as shown on the Registration Books, and all such payments shall be valid and effec- tive to fully satisfy and discharge the Issuer's obligations with respect to the principal of, premium, if any, and interest on the Bonds to the extent so paid. Notwithstanding the provisions of this Resolution to the contrary (including without limitation those provisions relating to the surrender of Bonds, registration thereof, and issuance in Authorized Denominations), as long as the Bonds are Depository Bonds, full effect shall be given to the Representation Letter and the procedures and practices of DTC thereunder, and the Paying Agent shall comply therewith. (c) Upon (i) a determination by the Issuer that DTC is no longer able to carry out its functions or is otherwise determined unsatisfactory, or (ii) a determination by DTC that the Bonds are no longer eligible for its depository services or (iii) a determination by the Paying Agent that DTC has resigned or discontinued its services for the Bonds, if such substitution is authorized by law, the Issuer shall (A) designate a satis- factory substitute depository as set forth below or, if a satisfactory substitute is not found, (B) provide for the exchange of Depository Bonds for replacement Bonds in Authorized Denominations. (d) To the extent authorized by law, if the Issuer determines to provide for the ex- change of Depository Bonds for Bonds in Authorized Denominations, the Issuer shall so notify the Paying Agent and shall provide the Registrar with a supply of executed unauthenticated Bonds to be so exchanged. The Registrar shall thereupon notify the owners of the Bonds and provide for such exchange, and to the extent that the Bene- ficial Owners are designated as the transferee by the owners, the Bonds will be de- livered in appropriate form, content and Authorized Denominations to the Beneficial Owners, as their interests appear. (e) Any substitute depository shall be designated in writing by the Issuer to the Paying Agent. Any such substitute depository shall be a qualified and registered "clearing agency" as provided in Section 17A of the Securities Exchange Act of 1934, as amended. The substitute depository shall provide for (i) immobilization of the De- pository Bonds, (ii) registration and transfer of interests in Depository Bonds by book entries made on records of the depository or its nominee and (iii) payment of principal of, premium, if any, and interest on the Bonds in accordance with and as such inter- 48 ests may appear with respect to such book entries. Section 8. Registration of Bonds; Appointment of Registrar; Transfer; Ownership; De- livery; and Cancellation. (a) Registration. The ownership of Bonds may be transferred only by the making of an entry upon the books kept for the registration and transfer of ownership of the Bonds, and in no other way. Wells Fargo Bank, National Association is hereby ap- pointed as Bond Registrar under the terms of this Resolution and under the provi- sions of a separate agreement with the Issuer filed herewith which is made a part hereof by this reference. Registrar shall maintain the books of the Issuer for the regis- tration of ownership of the Bonds for the payment of principal of and interest on the Bonds as provided in this Resolution. All Bonds shall be negotiable as provided in Ar- ticle 8 of the Uniform Commercial Code and Section 384.31 of the Code of Iowa, sub- ject to the provisions for registration and transfer contained in the Bonds and in this Resolution. (b) Transfer. The ownership of any Bond may be transferred only upon the Regis- tration Books kept for the registration and transfer of Bonds and only upon surrender thereof at the office of the Registrar together with an assignment duly executed by the holder or his duly authorized attorney in fact in such form as shall be satisfactory to the Registrar, along with the address and social security number or federal em- ployer identification number of such transferee (or, if registration is to be made in the name of multiple individuals, of all such transferees). In the event that the address of the registered owner of a Bond (other than a registered owner which is the nominee of the broker or dealer in question) is that of a broker or dealer, there must be dis- closed on the Registration Books the information pertaining to the registered owner required above. Upon the transfer of any such Bond, a new fully registered Bond, of any denomination or denominations permitted by this Resolution in aggregate princi- pal amount equal to the unmatured and unredeemed principal amount of such trans- ferred fully registered Bond, and bearing interest at the same rate and maturing on the same date or dates shall be delivered by the Registrar. (c) Registration of Transferred Bonds. In all cases of the transfer of the Bonds, the Registrar shall register, at the earliest practicable time, on the Registration Books, the Bonds, in accordance with the provisions of this Resolution. (d) Ownership. As to any Bond, the person in whose name the ownership of the same shall be registered on the Registration Books of the Registrar shall be deemed and regarded as the absolute owner thereof for all purposes, and payment of or on account of the principal of any such Bonds and the premium, if any, and interest thereon shall be made only to or upon the order of the registered owner thereof or his legal representative. All such payments shall be valid and effectual to satisfy and dis- charge the liability upon such Bond, including the interest thereon, to the extent of the sum or sums so paid. (e) Cancellation. All Bonds which have been redeemed shall not be reissued but shall be cancelled by the Registrar. All Bonds which are cancelled by the Registrar shall be destroyed and a certificate of the destruction thereof shall be furnished promptly to the Issuer; provided that if the Issuer shall so direct, the Registrar shall forward the cancelled Bonds to the Issuer. (f) Non - Presentment of Bonds. In the event any payment check representing pay- ment of principal of or interest on the Bonds is returned to the Paying Agent or if any bond is not presented for payment of principal at the maturity or redemption date, if funds sufficient to pay such principal of or interest on Bonds shall have been made 49 available to the Paying Agent for the benefit of the owner thereof, all liability of the Is- suer to the owner thereof for such interest or payment of such Bonds shall forthwith cease, terminate and be completely discharged, and thereupon it shall be the duty of the Paying Agent to hold such funds, without liability for interest thereon, for the ben- efit of the owner of such Bonds who shall thereafter be restricted exclusively to such funds for any claim of whatever nature on his part under this Resolution or on, or with respect to, such interest or Bonds. The Paying Agent's obligation to hold such funds shall continue for a period equal to two years and six months following the date on which such interest or principal became due, whether at maturity, or at the date fixed for redemption thereof, or otherwise, at which time the Paying Agent, shall surrender any remaining funds so held to the Issuer, whereupon any claim under this Resolu- tion by the Owners of such interest or Bonds of whatever nature shall be made upon the Issuer. (g) Registration and Transfer Fees. The Registrar may furnish to each owner, at the Issuer's expense, one bond for each annual maturity. The Registrar shall furnish additional bonds in lesser denominations (but not less than the minimum denomina- tion) to an owner who so requests. Section 9. Reissuance of Mutilated, Destroyed, Stolen or Lost Bonds. In case any outstanding Bond shall become mutilated or be destroyed, stolen or lost, the Issuer shall at the request of Registrar authenticate and deliver a new Bond of like tenor and amount as the Bond so mutilated, destroyed, stolen or lost, in exchange and substitu- tion for such mutilated Bond to Registrar, upon surrender of such mutilated Bond, or in lieu of and substitution for the Bond destroyed, stolen or lost, upon filing with the Regis- trar evidence satisfactory to the Registrar and Issuer that such Bond has been de- stroyed, stolen or lost and proof of ownership thereof, and upon furnishing the Registrar and Issuer with satisfactory indemnity and complying with such other reasonable regula- tions as the Issuer or its agent may prescribe and paying such expenses as the Issuer may incur in connection therewith. Section 10. Record Date. Payments of principal and interest, otherwise than upon full redemption, made in respect of any Bond, shall be made to the registered holder there- of or to their designated agent as the same appear on the books of the Registrar on the 15th day of the month preceding the payment date. All such payments shall fully dis- charge the obligations of the Issuer in respect of such Bonds to the extent of the pay- ments so made. Payment of principal shall only be made upon surrender of the Bond to the Paying Agent. Section 11. Execution, Authentication and Delivery of the Bonds. Upon the adoption of this Resolution, the Mayor and Clerk shall execute and deliver the Bonds to the Reg- istrar, who shall authenticate the Bonds and deliver the same to or upon order of the Purchaser. No Bond shall be valid or obligatory for any purpose or shall be entitled to any right or benefit hereunder unless the Registrar shall duly endorse and execute on such Bond a Certificate of Authentication substantially in the form of the Certificate herein set forth. Such Certificate upon any Bond executed on behalf of the Issuer shall be conclusive evidence that the Bond so authenticated has been duly issued under this Resolution and that the holder thereof is entitled to the benefits of this Resolution. No Bonds shall be authenticated and delivered by the Registrar unless and until there shall have been provided the following: 1. A certified copy of the Resolution of Issuer authorizing the issuance of the Bonds; 2. A written order of Issuer signed by the Treasurer of the Issuer directing the au- 50 thentication and delivery of the Bonds to or upon the order of the Purchaser upon payment of the purchase price as set forth therein; 3. The approving opinion of Ahlers & Cooney, P.C., Bond Counsel, concerning the validity and legality of all the Bonds proposed to be issued. Section 12. Right to Name Substitute Paying Agent or Registrar. Issuer reserves the right to name a substitute, successor Registrar or Paying Agent upon giving prompt writ- ten notice to each registered bondholder. Section 13. Form of Bond. Bonds shall be printed in substantial compliance with standards proposed by the American Standards Institute substantially in the form as [provided] Section 14. Contract Between Issuer and Purchaser. This Resolution constitutes a contract between said City and the purchaser of the Bonds. Section 15. Deposit of Proceeds in Escrow. All of the proceeds derived from the sale of the Bonds, except accrued interest which shall be deposited in the Bond Fund shall be placed in the Escrow Fund with Wells Fargo Bank, National Association, as Trustee under the Refunding Trust Agreement dated as of the date of delivery. The Trustee shall 1) hold such proceeds in a special and irrevocable trust fund, 2) invest such pro- ceeds only in cash or direct obligations of the United States, and 3) apply such pro- ceeds and earnings thereon only in accordance with the terms and conditions of the Re- funding Trust Agreement. All the terms and conditions of the Refunding Trust Agree- ment are hereby incorporated by reference in this Resolution as if set forth herein in full. The Refunding Trust Agreement is hereby approved and confirmed as binding upon the Issuer, and the Mayor and City Clerk are hereby authorized to execute the Refunding Trust Agreement on behalf of the Issuer and to authorize the Trustee to call the Re- funded Bonds for redemption pursuant to the provisions of the resolution authorizing their issuance. Section 16. Severability Clause. If any section, paragraph, clause or provision of this Resolution be held invalid, such invalidity shall not affect any of the remaining provi- sions hereof, and this Resolution shall become effective immediately upon its passage and approval. Section 17. Continuing Disclosure. The Issuer hereby covenants and agrees that it will comply with and carry out all of the provisions of the Continuing Disclosure Certifi- cate, and the provisions of the Continuing Disclosure Certificate are hereby incorpo- rated by reference as part of this Resolution and made a part hereof. Notwithstanding any other provision of this Resolution, failure of the Issuer to comply with the Continuing Disclosure Certificate shall not be considered an event of default under this Resolution; however, any holder of the Bonds or Beneficial Owner may take such actions as may be necessary and appropriate, including seeking specific performance by court order, to cause the Issuer to comply with its obligations under the Continuing Disclosure Certifi- cate. For purposes of this section, "Beneficial Owner" means any person which (a) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of own- ership of, any Bond (including persons holding Bonds through nominees, depositories or other intermediaries), or (b) is treated as the owner of any Bonds for federal income tax purposes. Section 18. Repeal of Conflicting Resolutions or Ordinances. That all ordinances and resolutions and parts of ordinances and resolutions in conflict herewith are hereby re- pealed. Passed and approved this 19th day of Novemvber, 2012. Roy D. Buol, Mayor 51 Attest: Kevin S. Firnstahl, City Clerk Historic Preservation Commission - Technical Assistance Program: Historic Preser- vation Commission submitting guidelines for the Historic Preservation Technical Assis- tance Program to help property owners prepare preservation tax credit applications. Mo- tion by Lynch to receive and file the documents and approve the recommendation. Se- conded by Connors. Motion carried 6 -0. Code of Ordinances - Tax Increment Financing (TIF) District, Greater Downtown Ur- ban Renewal District: City Manager recommending approval of an ordinance amending the Tax Increment Financing District for the Greater Downtown Urban Renewal District. Motion by Lynch to receive and file the documents and that the requirement that a pro- posed ordinance be considered and voted on for passage at two Council meetings prior to the meeting at which it is to be passed be suspended. Seconded by Braig. Motion carried 6 -0. Motion by Lynch for final consideration and passage of Ordinance No. 60 -12 Amend- ing Ordinance Nos. 33 -11, Previously Amended, and 88 -02, Providing that General Property Taxes Levied and Collected Each Year on all Property Located Within the Greater Downtown Urban Renewal District of the City of Dubuque, County of Dubuque, State of Iowa, by and for the Benefit of the State of Iowa, City of Dubuque, County of Dubuque, Dubuque Community School District, and other Taxing Districts, be paid to a special fund for payment of principal and interest on loans, monies advanced to and in- debtedness, including bonds issued or to be issued, incurred by said City in connection with the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District. Seconded by Braig. Motion carried 6 -0. OFFICIAL PUBLICATION ORDINANCE NO. 60 -12 AMENDING ORDINANCE NOS. 33 -11, PREVIOUSLY AMENDED, AND 88 -02, PROVIDING THAT GENERAL PROPERTY TAXES LEVIED AND COLLECTED EACH YEAR ON ALL PROPERTY LOCATED WITHIN THE GREATER DOWNTOWN UR- BAN RENEWAL DISTRICT OF THE CITY OF DUBUQUE, COUNTY OF DUBUQUE, STATE OF IOWA, BY AND FOR THE BENEFIT OF THE STATE OF IOWA, CITY OF DUBUQUE, COUNTY OF DUBUQUE, DUBUQUE COMMUNITY SCHOOL DISTRICT, AND OTHER TAXING DISTRICTS, BE PAID TO A SPECIAL FUND FOR PAYMENT OF PRINCIPAL AND INTEREST ON LOANS, MONIES ADVANCED TO AND IN- DEBTEDNESS, INCLUDING BONDS ISSUED OR TO BE ISSUED, INCURRED BY SAID CITY IN CONNECTION WITH THE AMENDED AND RESTATED URBAN RE- NEWAL PLAN FOR THE GREATER DOWNTOWN URBAN RENEWAL DISTRICT Whereas, the City Council of the City of Dubuque, Iowa (the "City ") has heretofore, in Ordinance No. 30 -82, provided for the division of taxes within the original Downtown Dubuque Urban Renewal Project, Iowa R -15, described in Resolution No. 123 -67 adopted on May 18, 1967, pursuant to Section 403.19 of the Code of Iowa; and Whereas, the Urban Renewal Plan for the original Downtown Dubuque Urban Re- newal Project, Iowa R -15, subsequently has been amended on numerous occasions, growing through expansion or merger with other existing urban renewal districts, result- ing in Bluff Street, Cable Car, Chaplain Schmitt, East 7t Street, Ice Harbor Subarea A, Ice Harbor Subarea B, Ice Harbor Subarea C, Industrial Harbor, Kerper Boulevard, Old Main, South Bluff, South Main, South Port, Town Clock, Upper Main, Warehouse, and 52 Washington Street subareas being added to an Amended and Restated Greater Down- town Urban Renewal District; and Whereas, consistent with the amendments to the Urban Renewal Plan, Ordinance No. 30 -82 subsequently was amended on numerous occasions to provide for the divi- sion of taxes within the Amended and Restated Greater Downtown Dubuque Urban Re- newal District, creating separate base valuations for the Bluff Street, Cable Car, Chap- lain Schmitt, East 7th Street, Ice Harbor Subarea A, Ice Harbor Subarea B, Ice Harbor Subarea C, Industrial Harbor, Kerper Boulevard, Old Main, South Bluff, South Main, South Port, Town Clock, Town Clock Expansion, Upper Main, Warehouse, and Wash- ington Street subareas; and Whereas, the Greater Downtown Urban Renewal District, as so amended, recently was combined with the Quebecor Economic Development District to form a single urban renewal area governed by the terms of an Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District, under which additional subareas de- scribed as the North Kerper Boulevard Subarea and the Quebecor Subarea were estab- lished as part of the Greater Downtown Urban Renewal District, all pursuant to Resolu- tion No. 271 -12, adopted on October 1, 2012. Whereas, Ordinance No. 88 -02 has heretofore provided for the division of taxes with- in Quebecor Economic Development District; and Whereas, indebtedness has been incurred by the City, and additional indebtedness is anticipated to be incurred in the future, to finance urban renewal project activities within the combined area known as the Greater Downtown Urban Renewal District (the "Greater Downtown Urban Renewal District "), and the continuing needs of redevelop- ment within the Greater Downtown Urban Renewal District are such as to require the continued application of the incremental tax resources of the Greater Downtown Urban Renewal District; and Whereas, the following enactment is necessary to accomplish the objectives de- scribed in the premises. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA, THAT: Ordinance Nos. 33 -11, and 88 -02, are hereby combined and amended to read as fol- lows: Section 1: For purposes of this Ordinance, the following terms shall have the follow- ing meanings: (a) Town Clock Subarea shall mean that portion of the Amended Project Area ini- tially described in the Urban Renewal Plan for the Downtown Dubuque Urban Re- newal Project, Iowa R -15, approved by Resolution No. 123 -67 on May 18, 1967, as amended by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 108 -07 on February 20th, 2007, which Town Clock Subarea includes the lots and parcels located within the ar- ea now legally described as follows: Beginning at the intersection of the north right -of -way line of Ninth Street with the east right -of -way line of Central Avenue; thence south along the east right -of -way line of Central Avenue to its intersection with the south right -of -way line of Fourth Street; thence west along the south right -of -way line of Fourth Street to its intersection with the west right -of -way line of Locust Street; thence north along the west right -of -way line of Locust Street to its intersection with the north right -of -way line of Ninth Street, but also including the adjacent City Lots 623 and 624 (Dubuque Museum of Art), the Locust Street Parking Ramp between 8th and 9th Streets and the former U.S. Feder- 53 al Building located on City Lots 101, 102, 139, 140, and the N 54.5' of City Lots 103 & 138, and the vacated alley between said lots; thence east along the north right -of- way line of Ninth Street to its intersection with the east right -of -way line of Central Avenue, but also including the adjacent Iowa Inn property and the public parking lot known as Parking Lot Number 1 located between 9th and 10th Streets east of Iowa Street, to the point of beginning. (b). Old Main Subarea shall mean that portion of the Amended Project Area ini- tially described in the Amended and Restated Urban Renewal Plan for the Down- town Dubuque Urban Renewal District approved by Resolution No. 145 -94 on May 2, 1994, which Old Main Subarea includes the lots and parcels located within the area legally described as follows: Beginning at the intersection of the south right -of -way line of Fourth Street with the east right -of -way line of Central Avenue; thence west along the south right -of- way line of Fourth Street to the west right -of -way line of Locust Street; thence south along the west right -of -way line of Locust Street to the north right -of -way line of the Locust Street Connector; thence east along the north right -of -way line of the Locust Street Connector to the west right -of -way line of Highways 151/61; thence north along the west right -of -line of Highways 151/61 to the point of beginning. (c). Town Clock Expansion Subarea shall mean that portion of the Town Clock Subarea initially described in the Amended and Restated Urban Renewal Plan for the Downtown Dubuque Urban Renewal District approved by Resolution No. 479- 97 on November 17,1997, which Town Clock Expansion Subarea includes the lots and parcels located within the area legally described as follows: South 1/2 of City Lot 167, City Lot 168 and City Lot 168A; Lots 1 & 2 of City Lots 204, 205, 206, 207 and 208, N. 23' of City Lot 263, S. 28.5' of City Lot 263, N. 1/2 of City Lot 262, S. 1/2 of City Lot 262, N. 1/2 of City Lot 261, all in Section 24, Township 89 North, Range 2 East, 5th P.M., Dubuque County, Io- wa and any adjoining public right -of -way. (d). Upper Main Subarea shall mean that portion of the Amended Project Area initially described in the Amended and Restated Urban Renewal Plan for the Downtown Dubuque Urban Renewal District approved by Resolution No. 187 -02 on April 1, 2002, as amended by the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 108 -07 on February 20th, 2007, which Upper Main Subarea includes the lots and parcels located within the area legally described as follows: On the North by Fourteenth Street, on the West by Locust Street but also in- cluding adjacent City Lots 660, 659, 658A and 658 except the south 1' of City Lot 658 (Carnegie -Stout Public Library), on the South by the Town Clock Expansion Subarea and on the East by Central Avenue, including all public rights -of -way. (e). Ice Harbor Subarea A shall mean that portion of the Amended Project Ar- ea initially described in the Urban Renewal Plan for the Ice Harbor Urban Re- newal District approved by Resolution No. 403 -89 on December 18, 1989, which Ice Harbor Subarea A includes the lots and parcels located within the area legally described as follows: that area generally bounded on the north by the public alley located between the vacated Fourth Street and Third Street, on the west by the Chicago, Central and Pacific Railroad right -of -way, on the south by East First Street and on the east by the municipal limits of the City of Dubuque, Iowa and including any ad- joining public right -of -way. 54 (f). Ice Harbor Subarea B shall mean that portion of the Amended Project Area initially described in the Amended and Restated Urban Renewal Plan for the Ice Harbor Urban Renewal District approved by Resolution No. 241 -00 on June 5, 2000, which Ice Harbor Subarea B includes the lots and parcels located within the area legally described as follows: that area generally bounded on the north and west by the Chicago, Cen- tral and Pacific Railroad right -of -way, on the south by the northerly bounda- ry of the Ice Harbor Subarea A and on the east by the municipal limits of the City of Dubuque, Iowa (excluding Lot 1 Adams Co.'s 2nd Addition) and in- cluding any adjoining public right -of -way. (g). Ice Harbor Subarea C shall mean a portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 108 -07 on February 20th 2007, consisting of Lot 1 Adams Co.'s 2nd Addition and any adjoining public right - of -way. (h). Warehouse Subarea shall mean a portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 597 -07 on December 17, 2007, which Warehouse Subarea includes the lots and parcels located within the area legally described as follows: Commencing as a point of reference at the intersection of the centerlines of 11th Street and Central Avenue in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; thence northeasterly along the center- line of 11th Street to a point of intersection with the centerline of White Street; thence northwesterly along the centerline of White Street to a point of intersec- tion with the centerline of 12th Street; thence northeasterly along the centerline of 12th Street and extension thereof to a point of intersection with the centerline of US Highways 151 and 61; thence southwesterly along the centerline of US Highways 151 and 61 to a point of intersection with the centerline of 4th Street extended; thence southwesterly along the centerline of 4th Street and extension thereof to a point of intersection with the centerline of Central Avenue; thence northwesterly along the centerline of Central Avenue to a point of intersection with the centerline of 9th Street; thence southwesterly along the centerline of 9th Street to a point of intersection with the westerly line of City Lot 259 extended southerly; thence northwesterly along the westerly line of City Lot 259, and Lots 1 and 2 of the Subdivision of the South % of City Lot 261 and City Lot 260 to the southwest corner of the N % of City Lot 261; thence northeasterly along the southerly line of the N % of City Lot 261 and extension thereof to a point of in- tersection with the centerline of Central Avenue; thence northwesterly along the centerline of Central Avenue to a point of intersection of 11th Street also being point of beginning; and including any adjoining public right -of -way. (i). South Main Subarea shall mean a portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 597 -07 on December 17, 2007, which South Main Subarea includes the lots and parcels located within the area legally described as follows: Commencing as a point of reference at a point of intersection of the centerline of Locust Street with the Locust Street Connector in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; 55 thence northeasterly along the centerline of the Locust Street Connector to a point of intersection with the centerline of US Highways 52, 61, and 151; thence southeasterly along the centerline of US Highways 52, 61, and 151 to a point of intersection with the centerline of the eastern section of Jones Street extended southwesterly; thence southwesterly along said extension of the centerline of the eastern section of Jones Street to a point of intersection with the centerline of Main Street; thence northwesterly along the centerline of Main Street to a point of intersection with the cen- terline of Jones Street; thence northwesterly along the centerline of Jones Street to a point of intersection with the easterly line of Lot 2D of vacated Shields Street extended northerly; thence southeasterly along the easterly line of Lot 2D of vacated Shields Street to the southeasterly corner of said Lot 2D; thence southwesterly along the southerly lines of Lot A and Lot 2D of vacated Shields Street and Lot 1 of 2 of City Lot 543 extended westerly to a point of intersection with the centerline of Locust Street; thence north- easterly along the centerline of Locust Street to a point of intersection with the centerline of the Second Street Connector, also being the point of be- ginning; and including any adjoining public right -of -way. (j). South Port Subarea shall mean a portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 300 -08 on September 2, 2008, which South Port Subarea includes the lots and parcels located within the area legally described as follows: Beginning at a point of reference at the northwest corner of lot 2AA of Cooper Wagon Works Block in the City of Dubuque, Dubuque County Io- wa, said pint being on the southerly right of way line of East First Street; Thence southeasterly along the southerly right of line of East First Street and extension thereof to the municipal limits of the City of Dubuque; Thence southerly along said municipal limits to a point of intersection with the southern right of way line of Railroad Ave. extended easterly; Thence southwesterly along said right of way line extension there to the southeast corner of lot A, Block 15 Dubuque Harbor Company's Addition; Thence northwesterly along the easterly line of said Lot A to the northerly right of way line of Railroad Ave., and south line of lot 1 of 5 of Block 27 Dubuque Harbor Company's Addition; Thence northwesterly along the westerly lines of lots 1 of 5, 1 of 4, 1 of 3, 1 of 2 and 1 of 1 of said Block 27 to the south line of lot 4A of said Block 17; Thence westerly to the easterly right of way line of vacated Water Street; Thence northwesterly along said easterly line to the southwesterly corner of lot 2 of said Block 17; Thence westerly along the extension of the southerly line of said Lot 2 to the west- erly line of Vacated Water Street; Thence southeasterly along said wester- ly right of way line to the southerly corner of lot 2 of Block 18 of Dubuque Harbor Company's Addition; Thence northwesterly along the westerly line of said lot 2 to a point of intersection with the southerly right of way line of vacated Charter St; Thence southwesterly along said right of way line and extension thereof the centerline of South Main Street; Thence northwest- erly along said centerline to the northerly line of lot 5, Block 13 Dubuque Harbor Company's Addition extended northeasterly; Thence southwesterly along said line to the easterly line of lots 7 and 8 of said Block 13; Thence 56 southeasterly along the easterly lines of said lots 7 & 8 and extension thereof to the centerline of Charter Street; Thence southwesterly along said centerline to the centerline of Salina Street; Thence northwesterly along said centerline to the northerly line of lot 1 of 3 of Block C of Indus- trial Sub. No. 1 extended northeasterly; Thence southwesterly along the northerly lines of said lot 1 of 3 and Lot 2 of said Block C extended to the westerly right of way line of Harrison St.; Thence northerly along the east- erly line of the West Part of Lot 1 of 1 of 1 of 1 of P.J. Seippel Lumber Company Place; Thence westerly along the southerly lines of lots 1 of 1 of 2 of 1 and Lot 2 of 1 of 2 of 1 and extension thereof to the centerline of re- located South Locust St; Thence northerly along said centerline to the centerline of Dodge St; Thence easterly along said centerline of Dodge Street to a point of intersection with the westerly line of Lot E of vacated Shields Street extended southerly; Thence northerly along said westerly line to the northwest corner of said lot E; Thence easterly along the north line of said lot E and Lot 6 Block 11 of Dubuque Harbor Company's Addi- tion and extension thereof to the centerline of Main Street; Thence south- easterly along the centerline of Main St. to the centerline of Dodge Street; Thence easterly along the centerline of Dodge St to the intersection of Highway 61/151; Thence northwesterly along said centerline to a point of intersection with the southerly right of way line of East First Street; Thence southeasterly along said right of way line to the point of beginning. (k). Cable Car Subarea shall mean a portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 393 -09 on October 5, 2009, which Cable Car Subarea includes the lots and parcels located within the area legally described as follows: Commencing as a point of reference at the intersection of the center- lines of Second Street and Locust Street in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; Thence southeaster- ly along the centerline of Locust Street to a point of intersection with the centerline of First Street; Thence southwesterly along the centerline of First Street to a point of intersection with the centerline of Bluff Street; Thence northwesterly along the centerline of Bluff Street to a point of in- tersection with the centerline of Emmett Street; Thence southwesterly along the centerline of Emmett Street to a point of intersection with the centerline of St. Mary's Street; Thence northwesterly along the centerline of St. Mary's Street and to a point of intersection with the northerly line of Cathedral Center extended southwesterly; Thence northeasterly along the northerly line of Cathedral Center to a point of intersection with the wester- ly right of way line of Bluff Street; Thence northwesterly along said wester- ly right of way line of Bluff Street and extension thereof to a point of inter- section with the centerline of Third Street; Thence southwesterly along the centerline of Third Street to a point of intersection with the westerly line of Lot 1 of the East 78 ft. of the South 100 ft. of Lot 4 of City Lot 692 extend- ed southerly; Thence northwesterly along said westerly line to a point of intersection with the southerly line of Fenelon Point Subdivision; Thence northeasterly along said southerly line to a point of intersection with the westerly line of Lot 2 of 2 of City Lot 692;Thence northwesterly along said 57 westerly line and westerly line of Lot 1 of 2 of City Lot 692 to a point of in- tersection with the southerly right of way line of W. Fourth Street; Thence northeasterly across W. Fourth Street to the southwest corner of Lot 1 of Evan's Place, said point also being on the northerly right of way line of W. Fourth Street; Thence northwesterly along the west line of said Lot 1 to the southeast corner of Lot 34 of Cooper Heights Addition; Thence contin- uing northwesterly along the easterly line of Lots 34, 35, 36 and 37 of Cooper Heights Addition to a point of intersection with the southerly right of way line of W. Fifth Street; Thence northeasterly to a point of intersec- tion in the centerline of W. Fifth Street approximately 270 feet southwest- erly of the centerline of Bluff Street; Thence northwesterly along the cen- terline of W. Fifth Street to a point of intersection with the southerly line of Coriell's Dubuque also being the northerly right of way line of W. Fifth Street; Thence northeasterly along said right of way line of W. Fifth St. to the southwest corner of Lot 1 of City Lot 690;Thence northwesterly along the westerly line of said Lot 1 to the northwest corner of said Lot 1;Thence northeasterly along the northerly line of said Lot 1 to the northeast corner of said Lot 1;Thence southeasterly along the easterly line of said Lot 1 to a point of intersection with the northerly line of the south 62.5 ft. of the north 64 ft. of City lot 617;Thence northeasterly along said northerly line and ex- tension thereof to a point of intersection with the centerline of Bluff Street; Thence southeasterly along the centerline of Bluff Street to a point of in- tersection with the northerly line of the south 10 ft. of City Lot 138 extend- ed southwesterly; Thence northeasterly along said northerly line and nor- therly line of the south 10 ft. of the south 34.6 ft. of City Lot 103 and ex- tension thereof to a point of intersection with the centerline of Locust Street; Thence southeasterly along the centerline of Locust Street to a point of intersection with the centerline of Second Street, said point being the point of beginning. (I) Bluff Street Subarea shall mean a portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 269 -10 on July 19, 2010, which Bluff Street Subarea includes the Tots and parcels located within the area legally described as follows: Commencing as a point of reference at the intersection of the centerlines of W. Sixth Street and Bluff Street in the City of Dubuque, Dubuque Coun- ty, Iowa, said point being the point of beginning; thence southeasterly along the centerline of Bluff Street to a point of intersection with the nor- therly line of the south 62.5 ft. of the north 64 ft. of City Lot 617 extended southeasterly; thence southwesterly along said northerly line to the easter- ly line of Lot 1 of City Lot 690; thence northwesterly along the easterly line of said Lot 1 to the northeast corner of said Lot 1; thence southwesterly along the northerly line of said Lot 1 to the northwest corner of said Lot 1; thence southeasterly along the westerly line of said Lot 1 to a point of in- tersection with northerly right of way line of W. Fifth Street; thence south- westerly along said right of way line of W. Fifth St. to the southeast corner of the South 73' of Lot 13 of Coriell's Dubuque; thence northwesterly 73' along the easterly line of said South 73' of Lot 13 of Coriell's Dubuque to the northeast corner of the South 73' of Lot 13 of Coriell's Dubuque; 58 thence southwesterly along the northerly line of said South 73' of Lot 13 of Coriell's Dubuque to a point of intersection with westerly line of Lot 13 of Coriell's Dubuque; thence northwesterly along said westerly line of Lot 13 to a point of intersection with the southerly line of Lot 33 of Coriell's Dubu- que; thence northeasterly along said southerly line of Lot 33 to a point of intersection with the westerly line of Lot 14 of Coriell's Dubuque' thence northwesterly along said westerly line of said Lot 14 to a point of intersec- tion with the southerly line of Lot 34 of Coriell's Dubuque; thence north- easterly along said southerly line of Lot 34 to the easterly line of Coriell's Dubuque; thence northwesterly along said easterly line Lots 34, 35, 36, 37, 38, and 44 of Coriell's Dubuque to the northwest corner of the North 50' of Lot 1 of Lot 1 of City Lot 653; thence northeasterly along the nor- therly line of said North 50' of Lot 1 of Lot 1 of City Lot 653 to the south- east corner of Lot 1 of McKinley's Subdivision; thence northwesterly along said easterly line of said Lot 1 and extension thereof to a point of intersec- tion with the centerline of West Eighth Street; thence northwesterly along said centerline of West Eighth Street to a point of intersection with the westerly line of Lot 1 of the Subd'n. of City Lot 688 and part of City Lot 654 extended southerly; thence northwesterly along said westerly line of Lot 1 and extension thereof northerly to a point of intersection with the center- line of West Ninth Street; thence southwesterly along the centerline of West Ninth Street to a point of intersection with the southerly extension of the westerly line of Lot 2 of Lot 12 of Central Addition; thence northwester- ly along said westerly right of Lot 2 of Lot 12 to the northwest corner of said Lot; thence northeasterly along the northerly line of said Lot 2 of Lot 12 to the northeast corner of said Lot; thence southeasterly along said easterly line of said Lot 2 of Lot 12 to the southwest corner of Lot 1 of Lot 11 of Central Addition; thence northeasterly along the southerly line of Lot 1 of Lot 11 and Lot 1 of Lot 10 of Central Addition to a point of intersection with the westerly line of Lot 1 of Lot 9 of Central Addition; thence north- westerly along said westerly line of Lot 1 of Lot 9 to a point of intersection with the southerly right of way line of a public alley in Central Addition; thence northeasterly along said southerly line to a point of intersection with the westerly line of Lot 1 of 1 of 10 of Lorimer's Subdivision; thence northwesterly along said westerly line of said Lot 1 of 1 of 10 to the nor- therly line of Lorimer's Subdivision; thence northeasterly along the norther- ly line of Lorimer's Subdivision to the southeast corner of a public alley be- tween Corkery's Subdivision and City Lot 655; thence northwesterly along the easterly right of way line of said alley to a point of intersection with West Eleventh Street; thence southwesterly along centerline of West Eleventh Street to a point of intersection with the centerline of Grove Ter- race; thence northwesterly along centerline of Grove Terrace to a point of intersection with the northerly right of way line of Arlington Street; thence northeasterly along the northerly right of way line of Arlington Street to the southeast corner of City Lot 769B; thence northwesterly along the easterly line of said City Lot 769B to a point of intersection with the southerly line of Lot 3 of Brown's Subdivision; thence southwesterly along the southerly line of said Lot 3 to the southwest corner of said lot; thence northwesterly along the westerly line of said Lot 3 and extension thereof to a point of in- 59 tersection with the centerline of Loras Boulevard; thence northeasterly along said centerline to a point of intersection with the centerline of Locust Street; thence southeasterly along the centerline of Locust Street to a point of intersection with the centerline of W. Eleventh Street; thence southwesterly along the centerline of W. Eleventh Street to a point of in- tersection with the centerline of Bluff Street; thence southeasterly along the centerline of Bluff Street to a point of intersection with the extension of the southerly line of City Lot 658A; thence northeasterly along the souther- ly line of City Lot 658A extended and the southerly line of City Lot 658, ex- cept the southerly one foot thereof, extended to a point of intersection with the centerline of Locust Street; thence southeasterly along the centerline of Locust Street to a point of intersection with the centerline of West Ninth Street; thence southwesterly along the centerline of West Ninth Street to a point of intersection with the centerline of Bluff Street; thence southeaster- ly along the centerline of Bluff Street to a point of intersection with the cen- terline of West Eighth Street; thence northeasterly along the centerline of West Eighth Street to a point of intersection with the centerline of Locust Street; thence southeasterly along the centerline of Locust Street to a point of intersection with the northerly line of City Lot 624 extended north- easterly; thence southwesterly along the northerly line of City Lot 624 ex- tended southeasterly to the centerline of a public alley; thence southeast- erly along the centerline of a public alley to a point of intersection with the centerline of W. Seventh Street; thence northeasterly along the centerline of W. Seventh Street to a point of intersection with Locust Street; thence southeasterly along the centerline of Locust Street to a point of intersec- tion with West Sixth Street; thence southwesterly along the centerline of West Sixth Street to a point of intersection with Bluff Street said point be- ing the point of beginning. (m). South Bluff Street Subarea shall mean that portion of the Amended Pro- ject Area added by the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 86 -11 on March 7, 2011, which South Bluff Street Subarea includes the lots and parcels located within the area legally described as follows: Commencing as a point of reference at the intersection of the center- lines of Emmett Street and Bluff Street in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; thence southeaster- ly along the centerline of Bluff Street to a point of intersection with the cen- terline W. First Street; thence southwesterly along the centerline W. First Street to the centerline of Bluff Street; thence southwesterly along the cen- terline of Bluff Street to a point of intersection with the centerline Dodge Street; thence southwesterly along the centerline Dodge Street to a point of intersection with the easterly line of Lot 3 of City Lot 694 extended southeasterly; thence northwesterly along the easterly line of said Lot 3 of City Lot 694 and Lot 1 -1 and 2 -1 of City Lot 694 to the southwest corner of Lot 1 -2 of City Lot 694; thence northeasterly along said southerly line of said Lot 1 -2 of City Lot 694 to the southeast corner of said Lot; thence northwesterly along said easterly line of Lot 1 -2 of City Lot 694 to a point of intersection with the southerly line of Lot 12 of Saint Raphael's Addition; thence northeasterly along said southerly line of said Lot 12 and extension 60 thereof to the centerline of St. Mary's Street; thence northwesterly along the centerline of St. Mary's Street to a point of intersection with the center- line of Emmett St.; thence northeasterly along the centerline of Emmett St. to centerline of Bluff Street, said point being point of beginning. (n). Kerper Boulevard Subarea shall mean that portion of the Amended Project Area initially described in the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 155- 11 on May 2, 2011, which Kerper Boulevard Subarea includes the lots and par- cels located within the area legally described as follows: Lot 1 -2, Lot 2 -2, Lot 2A, Lot 3 and Lot 6 all in Kerper Industrial Park in the City of Dubuque, Dubuque County, Iowa, also including the entire right of way of Kerper Court and the westerly portion of Kerper Boulevard right of way from the abutting Kerper Court right of way and Lot 3 of Kerper In- dustrial Park to the centerline of Kerper Boulevard. (o). Washington Neighborhood Subarea shall mean that portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 155 -11 on May 2, 2011, which Washington Neighborhood Subarea includes the lots and parcels located within the area legally described as follows: Commencing as a point of reference at the intersection of the center- lines of Central Avenue and Loras Boulevard in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; Thence southwesterly along the centerline of Loras Boulevard to a point of inter- section with the westerly line of Lot 3 of Brown's Subdivision extended northerly; Thence northerly to the southwest corner of Lot 2 -3 of City Lot 667; Thence northwesterly along the westerly line of said Lot 2 -3; Thence northeasterly along the northerly line of said Lot 2 -3 to a point of intersec- tion with the southeasterly line of Lot 1 -3 of City Lot 667; Thence north- easterly along the said southeasterly line to the northeast corner of said Lot 1 -3; Thence southwesterly along the northerly line of said Lot 1 -3 to a appoint of intersection with the easterly right of way line of Montrose Ter- race; Thence northwesterly along said the easterly right of way line to a point of intersection with the easterly right of way line of a public alley be- tween D. N. Cooley's Subdivision and Fairview Subdivision; Thence con- tinuing northwesterly along said the easterly alley line to a point of inter- section with the southerly right of way line of W. 17th Street; Thence northwesterly crossing W. 17th St. to the most easterly corner of Lot 2 -1 -1- 2 of City Lot 670, said point being at the point of intersection of the north right of way of W. 17th St. and westerly right of way line of W. Locust St.; Thence southwesterly along the north right of way of W. 17th St. to south- east corner of Lot 1 -2 -2 of City Lot 670; Thence northwesterly along the easterly lines of Lot 1 -2 -2 and Lot 2 -2 -2 of City Lot 670 to a point of inter- section with the southerly right of way line of Clark St.; Thence northwest- erly crossing Clark St. to the southeasterly corner of Welsh Place; Thence northwesterly along the easterly line of said Welsh Place to the northeast corner thereof; Thence southwesterly along the northerly line of said Welsh Place to a point of intersection with the easterly right of way line of a public alley along the westerly side of A. L. Bowen's Subdivision; Thence northwesterly along said easterly right of way line to a point of in- 61 tersection with the southerly right of way line of Angella Street; Thence southwesterly along said southerly right of way line to the northeast corner of Lot 12 of Gilliam's Subdivision; Thence northwesterly crossing Angella St. to the most southerly corner of Lot 1 of Gilliam's Subdivision said point being on the northerly right of way line of Angella St.; Thence northwester- ly along the westerly line of said Lot 1 to a point of intersection with the southerly line of Lot 2 of Alvin Haas Place; Thence southwesterly along the southerly line of Lot 1 and Lot 2 of Alvin Haas Place and the southerly line of the Westerly 40 feet of Lot 3 of Quigley's Subdivision of Out Lot 710 to the most easterly corner of Lot 24 of Quigley's Subdivision of Out Lot 710; Thence westerly along the southerly boundary of Lots 4 through Lots 15 of Quigley's Subdivision Out Lot 710 and the southerly line of Lots 9A, 10 and 11 of Quigley's Subdivision Out Lot 711 to a point of intersection with the easterly right of way line of Pierce Street; Thence northerly along said easterly right of way line and extension thereof to a point of intersec- tion with the northerly right of way line of W. Locust Street; Thence easter- ly along said northerly right of way line to the easterly right of way line of Foye Street; Thence northerly along said easterly right of way line to a point of intersection with the southerly right of way line of a public alley ly- ing between Almond and W. Locust Sts.; Thence easterly along said southerly right of way line to a point of intersection with the westerly right of way line of Ellis Street; Thence southeasterly along said westerly right of way line to a point of intersection with the northerly right of way line of W. Locust Street; Thence southeasterly crossing Ellis St. to a point of in- tersection with the easterly right of way line of Ellis St. at the southerly right of way line of Dorgan Place; Thence easterly along said southerly right of way line of Dorgan Place to the northeast corner of Lot 1 -14 of Dorgan's Subdivision; Thence easterly crossing Dorgan Place to the southwest corner of Lot 5 -2 of City Lot 673; Thence northerly along the westerly line of said Lot 5 -2 to the northwest corner thereof; Thence east- erly along the northerly line of said Lot 5 -2 to a point of intersection with the westerly right of way line of Madison Street; Thence easterly crossing Madison St. to the most westerly corner of Lot A -2 -1 of City Lot 674, said point being on the easterly right of way line of Madison St. Thence easter- ly along the northerly line of said Lot A -2 -1 to a point of intersection with the easterly right of way line of Main Street; Thence northerly along said easterly right of way line to the northwest corner of Lot 2 -1 of City Lot 674; Thence easterly and continuing northeasterly along the northerly lines of Lot 2 -1, Lot 2 -2, Lot 2 -1 -3, Lot 1 -2 -3 all of the subdivision of City Lot 674 to a point of intersection with the westerly line of Lot 4 of City Lot 674; Thence northwesterly along said westerly line to a point of intersection with the southerly line of Lot 1 -1 -2 of Duncan's Subdivision; Thence north- easterly along said southerly line and southerly line of Lot 1 and Lot 2 of M. A. Rebman's Subdivision and extension thereof to a point of intersec- tion with the easterly right of way line of Heeb Street; Thence northwester- ly along said easterly right of way line to a point of intersection with the northerly right of way line of Clarke Drive; Thence northwesterly along said northerly right of way line to a point of intersection with the easterly right of way line of Heeb Street lying between Central Avenue and Shelby Street; 62 Thence northwesterly along said easterly right of way line to a point of in- tersection with the southerly right of way line of Kaufmann Avenue; Thence easterly along said southerly right of way line to a point of inter- section with the southerly extension of the easterly right of way line of a public alley lying between Central Ave. and Francis Street; Thence north- westerly along said easterly right of way line to a point of intersection with the southerly right of way line of W. 23rd Street; Thence southwesterly along said southerly right of way line to the northwest corner of the East One -Half of Lot 11 of Tivoli Addition; Thence northwesterly crossing W. 23rd St. to the southwesterly corner of Lot 1 of Valeria Place No. 2; Thence northwesterly along the westerly line of said Lot 1 to a point of intersection with the southerly line of Lot 2 of said Valeria Sub. No. 2; Thence south- westerly along the southerly line of said Lot 2 to the southwest corner thereof; Thence northwesterly along the westerly line of said Lot 2 to a point of intersection with the southerly line of Lot 2 -1 of Valeria Place; Thence northeasterly along said southerly line to the southeasterly corner of said Lot 2 -1; Thence northwesterly along the easterly line of said Lot 2- 1 the northeast corner thereof, said point also being the southeasterly right of way line of Carr St.; Thence northwesterly along the easterly right of way line of Carr St. to a point of intersection with the southerly right of way line of W. 24th Street; Thence northeasterly along said southerly right of way line to a point of intersection with the southerly extension of the east- erly right of way line of Division Street; Thence northwesterly along said easterly right of way line to the northwest corner of Lot 8 of Wullweber's Subdivision; Thence southwesterly along the southerly line of John King's Subdivision to the southwest corner of the West 33.98 feet of Lot 1 -6 of John King's Subdivision; Thence northwesterly along the westerly line of the West 33.98 feet of Lot 1 -6 of John King's Subdivision to the northwest corner thereof; Thence northeasterly along the northerly line of said West 33.98 feet to the southwest corner of Lot 1 of the East 329.98 feet of Lot 8 of John King's Subdivision; Thence northwesterly along the westerly line of said Lot 1 to a point of intersection with the southerly line of the NE1 /4 of said Lot 8; Thence southwesterly along said southerly line to the south- west corner of said NE1 /4 of Lot 8; Thence northwesterly along the west- erly lines of the NE1 /4 of Lot 8, the SE1 /4 of Lot 10, the NE1 /4 Lot 10 and the E1/2 of Lot 12 all in John King's Subdivision to the northwest corner of said E1/2 of Lot 12; Thence northeasterly along the northerly line of said El /2 of Lot 12 to the southwest corner of Lot 1 -1 -1 of the El /2 of Lot 14 in John King's Subdivision; Thence northwesterly along the westerly lines of Lot 1 -1 -1 of the E1/2 of Lot 14 John King's Subdivision to the northwest corner thereof; Thence northeasterly along the northerly line of said Lot 1- 1-1 to a point of intersection with the westerly right of way line of Central Avenue; Thence northeasterly crossing Central Avenue to a point of inter- section of the easterly right of way line of Central Avenue and the norther- ly right of way line of E. 25th Street; Thence northeasterly along said nor- therly right of way line and extension thereof to a point of intersection with the easterly right of way line of Elm Street; Thence southeasterly along said easterly right of way line to a point of intersection with the northerly right of way line of E. 24t Street; Thence northeasterly along said norther- 63 ly right of way line and extension thereof to a point of intersection with the easterly right of way line of Windsor Avenue; Thence southeasterly along said easterly right of way line to a point of intersection with the northerly right of way line of E. 22nd Street; Thence northeasterly along said nor- therly right of way line to a point of intersection with the westerly right of way line of Stafford Street; Thence northeasterly crossing Stafford Street to a point of intersection of the easterly right of way line of Stafford Street and the northerly right of way line of Thomas Place; Thence southeasterly along said easterly right of way line of Stafford Street and extension thereof to a point of intersection with the southerly right of way line of Gar- field Avenue; Thence southwesterly along said southerly right of way line to a point of intersection with the centerline of Stafford Street extended southeasterly; Thence southeasterly along the centerline of Stafford Street extended to a point of intersection with the northwesterly line of Lot 2 -2 of Kerper Industrial Park; Thence southwesterly along said northwesterly line of Lot 1 -2 of Kerper Industrial Park to the northernmost point of Lot 1 of Kerper Industrial Park; Thence southwesterly along the westerly line of said Lot 1 to a point of intersection with the northerly right of way line of E. 16th Street; Thence southwesterly along said northerly right of way line to the easterly right of way line of Pine Street; Thence southeasterly crossing E. 16th Street along said easterly right of way of Pine St. extended to a point of intersection with the southerly right of way line of E. 16th St.; Thence southwesterly along said southerly right of way line to a point of intersection with the easterly right of way line of Elm Street; Thence southeasterly along said easterly right of way line to a point of intersection with the northerly right of way line of E. 15th Street; Thence southwesterly along said northerly right of way line to a point of intersection with the westerly right of way line of Elm Street; Thence southeasterly along said westerly right of way of Elm Street and extension thereof to a point of in- tersection with the centerline of E. 12th Street; Thence southwesterly along the said centerline of E. 12th Street to a point of intersection with the cen- terline of White Street; Thence southeasterly along said centerline of White Street to a point of interjection with the centerline of E. 11th Street; Thence southwesterly along said centerline of E. 11th Street to a point of intersection with the centerline of Central Avenue; Thence northwesterly along said centerline of Central Avenue to a point of intersection with the centerline of Loras Boulevard, said point being the point of beginning. (p). Industrial Harbor Subarea shall mean that portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 155 -11 on May 2, 2011, which Industrial Harbor Subarea includes the lots and parcels located with- in the area legally described as follows: Commencing as a point of reference at the intersection of the centerline of E. 12th Street and the westerly right of way of Elm Street extended southeasterly, in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; Thence northwesterly along said westerly right of way line of Elm Street and extension thereof to a point of intersec- tion with the northerly right of way line of E. Fifteenth Street; Thence northeasterly along said northerly right of way line to a point of intersection 64 with the westerly right of way line of a public alley lying between Pine Street and Maple Street; Thence northwesterly along said westerly right of way line to the northeast corner of the North 35 feet of Lot 255 in East Dubuque Addition; Thence southwesterly along the northwesterly line of said Lot to a point of intersection with the easterly right of way line of Pine Street; Thence northwesterly along said easterly right of way line and ex- tension thereof to the northerly right of way line of E. 16th Street; Thence northeasterly along said northerly right of way line to the southwest corner of Lot 1 of Kerper Industrial Park; Thence northwesterly and continuing northeasterly along the westerly line of said Lot 1 to the most northerly corner thereof; Thence southwesterly along the westerly lines of Lot 1 -2 and Lot 2A of Kerper Industrial Park to the southwest corner of said Lot 2A; Thence northeasterly along the southerly line of said Lot 2A to the southeast corner thereof; Thence northwesterly along the easterly line of said Lot 2A to the southwest corner of Lot 6 of Kerper Industrial Park; Thence northeasterly along the southerly line of said Lot 6 to the south- east corner thereof; Thence northwesterly along the easterly line of said Lot 6 to the northeast corner thereof and point of intersection with the southerly right of way line of Kerper Court; Thence northeasterly along said southerly right of way line and extension thereof to a point of intersec- tion with the centerline of Kerper Blvd; Thence northwesterly along said centerline to a point of intersection with the northerly line of Lot 3 of Kerper Industrial Park extended easterly; Thence northwesterly along said ex- tended line to the northeast corner of said Lot 3, said point also being on the westerly right of way line of Kerper Blvd.; Thence northerly along said right of way line to a point of intersection with the northeasterly right of way line of Fengler St.; Thence southeasterly along the extension of said northeasterly right of way line crossing Kerper Blvd. to a point of intersec- tion with the westerly line of Lot 1A of Block 7 River Front Subdivision No. 3, said point being on the easterly right of way line of Kerper Blvd.; Thence southeasterly along said easterly right of way line to a point of intersection with the northerly right of way line of E. 16th Street; Thence southeasterly crossing E. 16th Street to a point of intersection of the south right of way line of E. 16th St. and the east right of way line of Kerper Blvd.; Thence northeasterly along the southerly right of way line of E. 16th St. to a point of intersection with the westerly shore of Peosta Channel; Thence south- easterly continuing along the westerly shore of Mississippi River adjacent to the following: Kerper Blvd., River Front Subdivision No. 2, Part of Gov- ernment Lot 3, Section 19, T89N, R3E, 5th P.M., Parts of Congressional Lot 8 in Section 19, T89N, R3E, 5th P.M, Dubuque Harbor Improvement Company's Addition, and River Front Subdivision No. 1, to a point of inter- section with the northerly line of Ice Harbor Urban Renewal Subarea B, described as "that area generally bounded on the north and west by the Chicago, Central and Pacific Railroad right -of -way, on the south by the northerly boundary of Subarea A and on the east by the municipal limits of the City of Dubuque including any adjoining public right -of -way; Thence northwesterly and continuing southwesterly along the northerly and west- erly sides of Ice Harbor Urban Renewal District Subarea B to a point of in- tersection with the southerly right of way line of E. 4th street; Thence 65 southwesterly along said southerly right of way line to a point of intersec- tion with the centerline of U.S. Highways 61/151; Thence northeasterly along said centerline to a point of intersection with the centerline of E. 12th Street; Thence southwesterly along said centerline to a point of intersec- tion with the westerly right of way line of Elm St. extended, said point be- ing the point of beginning; Excepting therefrom, the East 7th Street Sub- area. (q). East 7th Street Subarea shall mean that portion of the Amended Project Area initially described in the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 155- 11 on May 2, 2011, which East 7th Street Subarea includes the lots and parcels located within the area legally described as follows: Block 13 Lot 1 of Lot 4, Lot 1 of Lot 5, Lot 1 of Lot 6, and Lots 7, 8, 9, 10, 11, 12, 13 and 14; Block '16 Lots 1, 2, 3, 4 and 5; and Block 17 Lots A, B, C, D, E, F, Lots 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, and 15, Lot 1 of Lot 16, Lot 1 of Lot 1 of Lot 17, Lot 2 of Lot 1 of Lot 18, Lot 2 of Lot 20, Lot 2 of Lot 21, Lot 2 of Lot 22, Lot 2 of Lot 23, Lot 2 of Lot 24, Lot 2 of Lot 25, Lot 2 of Lot 26, Lot 2 of Lot 27, Lot 3 of Lot 28, Lot 3 of Lot 29,Lot 3 of Lot 30, Lot 3 of Lot 31, Lot 3 of Lot 32 all in the Dubuque Harbor Im- provement Co.'s Addition, Township 89 North, Range 3 East of the 5th P.M., Dubuque County, Iowa and any adjoining public right -of -way. (r). Chaplain Schmitt Subarea shall mean that portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 155 -11 on May 2, 2011, which Chaplain Schmitt Subarea includes the lots and parcels located within the area legally described as follows: All of that part of the City of Dubuque lying easterly of the Peosta Channel also known as Chaplain Schmitt Island and the area lying east of the easterly right of way line of Kerper Boulevard between the centerline of U.S. Highway 61/151 and the southerly right of way line of E. 16th Street in Sections 17, 18, 19 and 20, T89N, R3E, 5th P.M. in the City of Dubuque, Dubuque County, Iowa. (s). North Kerper Subarea shall mean that portion of the Amended Project Ar- ea added by the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District approved by Resolution No. 271 -12 on Octo- ber 1, 2012, which North Kerper Subarea includes the lots and parcels located within the area legally described as follows: Commencing as a point of reference at the point of intersection of the cen- terline of U.S. Highways 61 and 151 with the easterly right of way line of Kerper Boulevard in the City of Dubuque, Dubuque County, Iowa, said point being the point of beginning; Thence northwesterly along the easter- ly right of way line of Kerper Boulevard to a point of intersection with the northeasterly right of way line of Fengler Street extended; Thence north- westerly along said line crossing Kerper Boulevard right of way to the southerly most corner of Lot 1, Block 19 River Front Subdivision No. 3; Thence southeasterly crossing Fengler Street right of way to the northeast corner of Lot 3 of River Front Subdivision No. 4, said point being a point of intersection of the southwesterly right of way line of Fengler Street with the westerly right of way line of Kerper Boulevard; Thence continuing south- 66 easterly along said westerly right of way line of Kerper Boulevard to the northeast corner of Lot 3 of Kerper Industrial Park; Thence westerly and northwesterly along to north line of said Lot 3 to a point of intersection with the westerly line of Kerper Industrial Park; Thence northeasterly along said westerly line to the northwest corner of Kerper Industrial Park; Thence southeasterly along the northerly line of Kerper Industrial Park to the southwest corner of Lot 1 of Lot 2 of Lot 20 of Jaeger's Subdivision, said point being on the southeasterly right of way line of Peosta Street; Thence northeasterly along said right of way line to a point of intersection with the southerly line of Lot 2 of Giese Subdivision; Thence southwesterly along said southerly line to the southeast corner of Lot 2 of 19 of Jaeger's Subdivision; Thence northeasterly along the easterly line of said Lot 2 of 19 to the northeast corner of said Lot 2 of 19, said point also being on the westerly boundary of Block 19 of River Front Subdivision No. 3; Thence northeasterly along said westerly boundary to the northwest corner of Block 18, River Front Subdivision No. 3; Thence continuing northeasterly along the westerly boundary of Block 18 and Block 17 of River Front Sub- division No. 3 to a point of intersection with the southwesterly corner of Lot 1 of part of Lot 8 in McCraney's First Addition; Thence continuing north- easterly along the westerly lines of Lot 1 of part of Lot 8, Lot 1 of part of Lot 7, Lot 1 of Lot 2 of part of Lot 6, Lot 1 of part of Lot 6, Lot 1 of part of Lot 5, Lot 1 of part of Lot 4, Lot 1 of part of Lot 3, Lot 1 of part of Lot 2, the East 25 feet of part of vacated Marshall St., and Lot 2 of Lot 2 of Lot 1 all in McCraney's First Addition to the southwest corner of Lot 1 of Lot 2 of part of Lot 115 in Ham's Addition; Thence northeasterly along the westerly lines of Lot 1 of Lot 2 of part of Lot 115 and Lot 1 of part of Lot 114 all in Ham's Addition to the most westerly corner of Lot 1 of Bradley Place; Thence northeasterly along the westerly lines of Lot 1 and Lot 2 of Bradley Place to the most westerly corner of Lot 1 Block 15 of River Front Subdivi- sion No. 3; Thence northeasterly along the northwesterly line of said Lot 1 Block 15 and continuing along the northwesterly line of Lot 2 of said Block 15 to the most westerly corner of Lot 2 of In- Futuro Subdivision No. 1; Thence continuing northeasterly along the northwesterly line of In- Futuro Subdivision No. 1 and continuing along the northwesterly line of Lots 1 and 2 of Reid! Place to the southwest corner of Lot 1 of Block 14 of River Front Subdivision No. 3; Thence northeasterly along the northwesterly line of said Block 14 to the most westerly corner of Block 13 of River Front Subdivision No. 3; Thence continuing northeasterly along the northwester- ly line of Blocks 13, 12, 11, 10 and 9 to the northerly most corner of Lot 1 Block 9 River Front Subdivision No. 3; Thence continuing northeasterly along the northwesterly line of Lot 2 and Lot 2A, Block 9 River Front Sub- division No. 3 to the northerly most corner of said Lot 2A; Thence south- easterly along the northeasterly line of said Lot 2A to the northeast corner of said lot; Thence southwesterly along the southeasterly line of said Lot 2A to the most westerly corner of Lot 178 of Ham's Addition; Thence southeasterly along the southwesterly lines of Lots 178 and 59 of Ham's Addition to the southerly most corner of said Lot 59, said point also being the point of intersection of the northeasterly right of way line of Farragut Street with the northwesterly right of way line of Kerper Boulevard; Thence 67 northeasterly along said Kerper Boulevard right of way line and extension thereof to a point of intersection with the northeasterly right of way line of Hawthorne Street; Thence southeasterly along the northeasterly and easterly right of way line of Hawthorne Street and Hawthorne Street Ex- tension to a point of intersection with the southwesterly right of way line of Lake Street; Thence southwesterly and northwesterly along said right of way line of Lake Street to a point of intersection with the southerly right of way line of Harbor Street; Thence southwesterly along said Harbor Street right of way line to the northeast corner of Lot 1 Block 4 River Front Sub- division No. 3; Thence southeasterly along the northeasterly line of said Lot 1 and continuing along the northeasterly line of Lot 1 Block 3 of River Front Subdivision No. 3 to the most easterly corner thereof; Thence southwesterly along the southeasterly line of said Lot 1 Block 3 to the easterly most corner of Block 1 of River Front Subdivision No. 5; Thence southwesterly along the southeasterly line of said Block 1 River Front Subdivision No. 5 to the northerly right of way line of Hamilton Street Ex- tension; Thence southwesterly crossing Hamilton Street Extension right of way to the easterly most corner of Lot 2 of 3 of 1 Block 5 River Front Sub- division No. 3; Thence continuing southwesterly along the original easterly boundary line of Blocks 5, 6 and 7 of River Front Subdivision No. 3, to the southerly most corner of Lot 2 of said Block 7, said point being the north- east corner of Lake Peosta Subdivision; Thence southerly along the east- erly line of Lake Peosta Subdivision to a point of intersection with the cen- terline of U.S. Highways 61 and 151; Thence southwesterly along said centerline to a point of intersection with the easterly right of way line of Kerper Boulevard, said point of being the point of beginning; Excepting therefrom the Quebecor Economic Development District described as Lot 1 of Lot 1 of Lot 1 of Block 5 and Lot 1 of Lot 2 of Lot 1 of Block 5 of River Front Subdivision No. 3 and Lot 1 of Lot 2 of Block 1 of River Front Subdi- vision No. 5, all in the City of Dubuque, Dubuque County Iowa and any ad- joining public rights of way. (t). Quebecor Subarea shall mean that portion of the Amended Project Area added by the Amended and Restated Urban Renewal Plan for the Greater Down- town Urban Renewal District approved by Resolution No. 271 -12 on October 1, 2012, which Quebecor Subarea includes the lots and parcels located within the area legally described as follows: Lot 1 of Lot 1 of Lot 1 of Block 5 and Lot 1 of Lot 2 of Lot 1 of Block 5 of River Front Subdivision No. 3 and Lot 1 of Lot 2 of Block 1 of River Front Subdivision No. 5, all in the City of Dubuque, Dubuque County Iowa and any adjoining public rights of way. (u). Amended Project Area shall mean the areas of the City of Dubuque, Iowa in- cluded within the Town Clock Subarea, the Old Main Subarea, the Town Clock Ex- pansion Subarea, the Upper Main Subarea, the Ice Harbor Subarea A, the Ice Har- bor Subarea B, the Ice Harbor Subarea C, the Warehouse Subarea, the South Main Subarea, the South Port Subarea, the Cable Car Subarea, the Bluff Street Subarea, the South Bluff Street Subarea, the Kerper Boulevard Subarea, the Washington Neighborhood Subarea, the Industrial Harbor Subarea, the East 7th Street Subarea, the Chaplain Schmitt Subarea, the North Kerper Subarea and the Quebecor Subar- ea, each as described in this Section. 68 (v). Urban Renewal Plan shall mean the Amended and Restated Urban Renewal Plan for the Greater Downtown Urban Renewal District, approved by Resolution No. 271 -12 on October 1, 2012, as the same may be amended from time to time. Section 2: The taxes levied on the taxable property in the Amended Project Area, le- gally described in Section 1 hereof, by and for the benefit of the State of Iowa, City of Dubuque, County of Dubuque, Dubuque Community School District, and all other taxing districts from and after the effective date of this Ordinance shall be divided as hereinaf- ter in this Ordinance provided. Section 3: As to the Town Clock Subarea, that portion of the taxes which would be produced by the rate at which the tax is levied each year by or for each of the taxing dis- tricts taxing property in the Town Clock Subarea upon the total sum of the assessed value of the taxable property in the Town Clock Subarea as shown on the assessment roll as of January 1, 1966, being the assessment roll last equalized prior to the date of the initial adoption of the Urban Renewal Plan for the Downtown Dubuque Urban Re- newal Project, Iowa R -15, shall be allocated to and when collected be paid into the fund for the respective taxing district as taxes by or for said taxing district into which all other property taxes are paid. The taxes so determined shall be referred herein as the "base period taxes" for such subarea. As to the Old Main Subarea, base period taxes shall be computed in the same man- ner using the total assessed value shown on the assessment roll as of January 1, 1993, being the assessment roll as of January 1 of the calendar year preceding the effective date of Ordinance No. 23 -94. As to the Town Clock Expansion Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 1996, being the assessment roll as of January 1 of the calendar year preced- ing the effective date of Ordinance No. 67 -97. As to the Upper Main Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2001, being the assessment roll as of January 1 of the calendar year preceding the ef- fective date of Ordinance No. 26 -02. As to the Ice Harbor Subarea A, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 1988, being the assessment roll as of January 1 of the calendar year preceding the ef- fective date of Ordinance No. 66 -89. As to the Ice Harbor Subarea B, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 1999, being the assessment roll as of January 1 of the calendar year preceding the ef- fective date of Ordinance No. 97 -00. As to the Ice Harbor Subarea C, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2006, being the assessment roll as of January 1 of the calendar year preceding the ef- fective date of Ordinance No. 20 -07. As to the Warehouse Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2006, being the first day of the calendar year preceding the effective date of Ordinance No. 63 -07. As to the South Main Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2006, being the first day of the calendar year preceding the effective date of Ordinance 69 No. 63 -07. As to the South Port Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2007, being the first day of the calendar year preceding the effective date of Ordinance No. 60 -08. As to the Cable Car Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2008, being the first day of the calendar year preceding the effective date of Ordinance 58 -09. As to the Bluff Street Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2009, being the first day of the calendar year preceding the effective date of Ordinance 51 -10. As to the South Bluff Street Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of Janu- ary 1, 2010, being the first day of the calendar year preceding the effective date of Ordi- nance 33 -11. As to the Kerper Boulevard Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of Janu- ary 1, 1993, being the first day of the calendar year preceding the effective date of Ordi- nance 43 -94. As to the Washington Neighborhood Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2010, being the first day of the calendar year preceding the effective date of Ordinance 33 -11. As to the Industrial Harbor Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of Janu- ary 1, 2010, being the first day of the calendar year preceding the effective date of Ordi- nance 33 -11. As to the East 7th Street Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 1996, being the first day of the calendar year preceding the effective date of Ordinance 64 -97. As to the Chaplain Schmitt Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of Janu- ary 1, 2010, being the first day of the calendar year preceding the effective date of Ordi- nance 33 -11. As to the North Kerper Subarea, base period taxes shall be computed in the same manner using the total assessed value shown on the assessment roll as of January 1, 2011, being the first day of the calendar year preceding the effective date of this Ordi- nance. As to the Quebecor Subarea, base period taxes shall be computed in the same man- ner using the total assessed value shown on the assessment roll as of January 1, 2001, being the first day of the calendar year preceding the effective date of Ordinance 88 -02. Section 4: That portion of the taxes each year in excess of the base period taxes for the Amended Project Area, determined for each subarea thereof as provided in Section 3 of this Ordinance, shall be allocated to and when collected be paid into the special tax increment fund previously established by the City of Dubuque to pay the principal of and interest on loans, monies advanced to, or indebtedness, whether funded, refunded, as- 70 sumed or otherwise, including bonds issued under authority of Section 403.9 or Section 403.12 of the Code of Iowa, incurred by the City of Dubuque, Iowa to finance or re- finance, in whole or in part, urban renewal projects undertaken within the Amended Pro- ject Area pursuant to the Urban Renewal Plan, except that taxes for the regular and voter - approved physical plant and equipment levy of a school district imposed pursuant to Section 298.2 of the Code of Iowa and taxes for the instructional support program of a school district imposed pursuant to Section 257.19 (but in each case only to the extent required under Section 403.19(2)), taxes for the payment of bonds and interest of each taxing district, and taxes imposed under Section 346.27(22) related to joint county -city buildings shall be collected against all taxable property within the Amended Project Area without any limitation as hereinabove provided. Section 5: Unless or until the total assessed valuation of the taxable property in the subareas of the Amended Project Area exceeds the total assessed value of the taxable property in said subareas shown by the assessment rolls referred to in Section 3 of this Ordinance, all of the taxes levied and collected upon the taxable property in the Amended Project Area shall be paid into the funds for the respective taxing districts as taxes by or for the taxing districts in the same manner as all other property taxes. Section 6: At such time as the loans, monies advanced, bonds and interest thereon and indebtedness of the City of Dubuque referred to in Section 4 hereof have been paid, all monies thereafter received from taxes upon the taxable property in the Amend- ed Project Area shall be paid into the funds for the respective taxing districts in the same manner as taxes on all other property. Section 7: All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. The provisions of this Ordinance are intended and shall be construed so as to continue the division of taxes from property within the Amended Project Area under the provisions of Section 403.19 of the Code of Iowa, as authorized in Ordinance Nos. 33 -11, as previously amended, and 88- 02,and to fully implement the division of taxes in the North Kerper Subarea In the event that any provision of this Or- dinance shall be determined to be contrary to law it shall not affect other provisions or application of this Ordinance which shall at all times be construed to fully invoke the provisions of Section 403.19 of the Code of Iowa with reference to the Amended Project Area and the territory contained therein. Section 8: This Ordinance shall be in effect after its final passage, approval and pub- lication as provided by law. Passed and approved this 19th day of November, 2012. /s /Roy D. Buol, Mayor Attest: /s /Kevin S. Firnstahl, City Clerk Read first time: November 19, 2012 Passed and approved: November 19, 2012 Published officially in the Telegraph Herald newspaper on the 23rd day of November, 2012. /s /Kevin S Firnstahl, City Clerk Code of Ordinances - Construction Storage Plans: City Manager recommending ap- proval of an ordinance change to require a construction materials storage plan to be in- cluded with plan submittals so there is less of an impact on neighboring property own- ers. Motion by Lynch to receive and file the documents and that the requirement that a proposed ordinance be considered and voted on for passage at two Council meetings 71 prior to the meeting at which it is to be passed be suspended. Seconded by Connors. Motion carried 6 -0. Motion by Lynch for final consideration and passage of Ordinance No. 61 -12 Amend- ing City of Dubuque Code of Ordinances Title 14 Building and Development, Chapter 1 Building Codes, Article A Building Code and Regulations, Section 14 -1A -2 International Building Code Amendments; Chapter 2 Building Construction, Demolition and Moving, Section 14 -2 -2 Application for Permit and Section 14 -2 -3 Permit Issuance; Generally by Requiring a Plan for Storage of Materials be Provided on the Application for a Building Permit, Making Renewal of a Building Permit Subject to Compliance with the Conditions on the Original Building Permit, Requiring the Storage of Construction Materials to Comply with the City Code from the Date of Issuance Through Day 179, and Requiring Compliance with the City Code and Maintenance of the Site as Determined by the City Manager from Day 180 Through Completion of the Project. Seconded by Braig. Motion carried 6 -0. OFFICIAL PUBLICATION ORDINANCE NO. 61 -12 AMENDING CITY OF DUBUQUE CODE OF ORDINANCES TITLE 14 BUILDING AND DEVELOPMENT, CHAPTER 1 BUILDING CODES, ARTICLE A BUILDING CODE AND REGULATIONS, SECTION 14 -1A -2 INTERNATIONAL BUILDING CODE AMENDMENTS; CHAPTER 2 BUILDING CONSTRUCTION, DEMOLITION AND MOVING, SECTION 14 -2 -2 APPLICATION FOR PERMIT AND SECTION 14 -2 -3 PERMIT ISSUANCE; GENERALLY BY REQUIRING A PLAN FOR STORAGE OF MATERIALS BE PROVIDED ON THE APPLICATION FOR A BUILDING PERMIT, MAKING RENEWAL OF A BUILDING PERMIT SUBJECT TO COMPLIANCE WITH THE CONDITIONS ON THE ORIGINAL BUILDING PERMIT, REQUIRING THE STORAGE OF CONSTRUCTION MATERIALS TO COMPLY WITH THE CITY CODE FROM THE DATE OF ISSUANCE THROUGH DAY 179, AND REQUIRING COMPLI- ANCE WITH THE CITY CODE AND MAINTENANCE OF THE SITE AS DETERMINED BY THE CITY MANAGER FROM DAY 180 THROUGH COMPLETION OF THE PRO- JECT NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. Section 14 -1A -2 of the City of Dubuque Code of Ordinances is amended to read as follows: 14 -1A -2: INTERNATIONAL BUILDING CODE AMENDMENTS: The following additions, deletions, modifications, or amendments of the international building code, 2009 edition, adopted in section 14-1A-1 of this article read as follows: Sec. 105.5. Expiration. Every permit issued shall become invalid unless the work on the site authorized by such permit is completed within one year after its issuance, unless the building is part of a project which, because of its complexity or proportions, will require more time, in which instance the building official may grant permits for the project in phases. The building official is authorized to grant, in writing and for justifiable cause, a renewal of a permit for two (2) successive periods of ninety (90) days, for a period not to exceed one - hundred eighty (180) days; provided, that a fee is paid for each renewal as set by the city manager and the permit holder complies with the conditions outlined on the building permit. All city of Dubuque residential building permits issued prior to July 16, 2007 without 72 an expiration date listed shall expire on October 1, 2010. Section 2. Section 14 -2 -2 of the City of Dubuque Code of Ordinances is amended to read as follows: 14 -2 -2: APPLICATION FOR PERMIT: A. Application: To obtain a permit, the applicant shall first file an application therefor in writing on a form furnished by the building services division. Every such application shall: 1. Identify and describe the work to be covered by the permit for which applica- tion is made. 2. Describe the land on which the proposed work is to be done, by legal descrip- tion, street address or similar description that will readily identify and definitely lo- cate the proposed work. 3. Indicate the use or occupancy for which the proposed work is intended. 4. Be accompanied by plans, diagrams, computations and specifications and other data as required in subsection B of this section. 5. Be signed by permittee, or the permittee's authorized agent who may be re- quired to submit evidence to indicate such authority. 6. Be accompanied by proof of insurance as required by this chapter for the type of permit desired. 7. Contain a plan for the storage of construction materials and maintenance of the construction site. 8.Give such other data and information as may be required by the city manager. Section 3. Section 14 -2 -3 of the City of Dubuque Code of Ordinances is amended to read as follows: 14 -2 -3: PERMIT ISSUANCE; GENERALLY: E. Conditions Of Permit: The permit shall outline the conditions under which the per- mit was issued and may include, but is not limited to: 1. Storage Requirements; Permit Issuance Through Day 179: Storage of con- struction materials must comply with all City ordinances. 2. Storage Requirements; Day 180 And Beyond: The permit will contain require- ments for the storage of construction materials and maintenance of the site. The conditions will continue upon a renewal /extension of a building permit until such time as the project is complete. The city manager may require additional storage and maintenance requirements upon the issuance of a renewal and /or extension of a building permit. Section 4. This Ordinance takes effect upon publication. Passed, approved, and adopted the 19th day of November, 2012. /s /Roy D. Buol, Mayor Attest: /s /Kevin S. Firnstahl, City Clerk Published officially in the Telegraph Herald newspaper on the 23rd day of November, 2012. /s /Kevin S. Firnstahl, City Clerk Well Field Electrical Upgrades Project Award: City Manager recommending award of contract for the Well Field Electrical Upgrades Project to Price Industrial Electric. Motion by Lynch to receive and file the documents and adopt Resolution No. 326 -12 Awarding Public Improvement Contract for Well Field Electrical Upgrades Project. Seconded by Braig. Motion carried 6 -0. 73 RESOLUTION NO. 326 -12 AWARDING PUBLIC IMPROVEMENT CONTRACT FOR WELL FIELD ELECTRICAL UPGRADES PROJECT Whereas, sealed proposals have been submitted by contractors for the Well Field Electrical Upgrades Project (the Project) pursuant to Resolution No. 301 -12 and Notice to Bidders published in a newspaper published in the City of Dubuque, Iowa on the 19th day of October, 2012; and Whereas, said sealed proposals were opened and read on the 8th of November, 2012 and it has been determined that Price Industrial Electric of Hiawatha, IA with a bid pro- posal in the amount of $196.475.00, is the lowest responsive, responsible bidder for the Project; and Whereas, it has been determined that it is in the best interest of the City of Dubuque to enter into an improvement contract with Price Industrial Electric for said project. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: That a Public Improvement Contract for the Project is hereby awarded to Price Indus- trial Electric, and the City Manager is hereby directed to execute a Public Improvement Contract on behalf of the City of Dubuque for the Project. Passed, approved and adopted this 19th day of November, 2012. Roy D. Buol, Mayor Attest: Kevin Firnstahl, City Clerk City Expo - Date and Format Change: City Manager recommending approval to hold City Expo in early September, and to form a task force of staff from other departments to solicit input and involvement in redesigning City Expo to encourage more innovative displays and activities at this event. Motion by Connors to receive and file. Seconded by Resnick. Public Information Officer Randy Gehl stated that he is working with city de- partments and Community Engagement Coordinator Nikola Pavelic for a redesign of and innovations for the annual event. Council concurred with the idea and for keeping the person -to- person format between staff and citizens. Motion carried 6 -0. Sustainable Dubuque - Quarterly Work Session Request: City Manager requesting approval to schedule a Sustainable Dubuque Quarterly Work Session for December 17, 2012, at 5:00 p.m. Motion by Lynch to receive and file the documents and set the work session as requested. Seconded by Braig. Motion carried 6 -0. COUNCIL MEMBER REPORTS Connors reported on the Blue Zone Program workshop and staff visit, which encour- ages communities to become healthier through easy and attainable choices. Braig acknowledged the election of her daughter to the City Council of Sartell, Min- nesota. Resnick expressed thanks for the great city staff and citizen partnerships in the spirit of the upcoming holiday. Mayor Buol reported on his and the City Manager's invitational visit to Grapewine, Texas, to present on Dubuque's Council /Manager form of government. PUBLIC INPUT 74 Jule Transit System Employees Wayne Strohmeyer, Doug Brehm, Dawn Pollack, and Pat Healy expressed their concerns about what they believe is a disparity between the number of part -time and full -time bus driver positions, available hours and schedul- ing issues in the department and requested that the City Council review the issue in the next fiscal year budget. There being no further business, upon motion the City Council adjourned at 8:21 p.m. /s /Kevin S. Firnstahl, CMC City Clerk 75