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General Obligation Bonds - Series 2017ABC_Initiate Copyright 2014 City of Dubuque Items to be set for Public Hearing # 2. ITEM TITLE: General Obligation Bonds -Series 2017ABC SUMMARY: City Manager recommending a public hearing be set for February 20, 2017, on the proposition of selling not to exceed $21,400,000 in General Obligation Bonds, the proceeds of which will be used to pay costs for ambulance replacement, and refund previously issued general obligation bonds. RESOLUTION Fixing Date for a Meeting on the Proposition of the Issuance of not to Exceed $8,950,000 General Obligation Bonds, Series 2017A of the City of Dubuque, State of Iowa (For Essential Corporate Purposes), and Providing for Publication of Notice Thereof RESOLUTION Fixing Date for a Meeting on the Proposition of the Issuance of not to Exceed $10,250,000 General Obligation Urban Renewal Refunding Bonds, Series 2017B of the City of Dubuque, State of Iowa (for an Essential Corporate Purpose), and Providing for Publication of Notice Thereof RESOLUTION Fixing Date for a Meeting on the Proposition of the Issuance of not to Exceed $2,200,000 Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C of the City of Dubuque, State of Iowa (for an Essential Corporate Purpose), and Providing for Publication of Notice Thereof SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s), Public Hearing 2/20/17 ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo Ahlers Cooney Attorneys Lette Supporting Documentation Series 2017A Resolution Resolutions Series 2017B Resolution Resolutions Series 2017B Resolution Resolutions THE CDubuque DUIB93tTE ie�e Masterpiece on the Mississippi 2007.2012.2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Proceedings to Set Public Hearing on the Issuance of Not to Exceed $21,400,000 General Obligation Bonds, Series 2017ABC DATE: February 1, 2017 Budget Director Jennifer Larson recommends that a public hearing be set for February 20, 2017, on the proposition of selling not to exceed $21,400,000 in General Obligation Bonds, the proceeds of which will be used to pay costs for ambulance replacement, and refund previously issued general obligation bonds that are callable to provide a savings in interest cost of an estimated $1.2 million. Although the City is selling General Obligation Bonds to support the projects, repayments of the debt will be local option sales tax. The refunding debt is repaid by debt service levy, solid waste collection fees, road use tax, stormwater user fees, sanitary sewer user fees, Dubuque Industrial Center tax increment revenue, and Greater Downtown tax increment revenue. I concur with the recommendation and respectfully request Mayor and City Council approval. A4-"f'� Michael C. Van Milligen MCVM/jml Attachment cc: Crenna Brumwell, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Jennifer Larson, Budget Director Jean Nachtman, Finance Director THE CITY Dubuque ue A-Am 11 I a I., Masterpiece on the Mississippi zoa�.2-2012-2013 3 TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Budget Director SUBJECT: Proceedings to Set Public Hearing on the Issuance of Not to Exceed $21 ,400,000 General Obligation Bonds, Series 2017ABC DATE: February 1, 2017 INTRODUCTION The purpose of this memorandum is to recommend the setting of a public hearing on the proposal to issue General Obligation Bonds, the proceeds of which will be used for general corporate purposes of the City for projects in the City budget previously approved by the City Council. DISCUSSION Of the bond amount: • $245,000 is intended to provide funds to pay costs of ambulance replacement with repayment from local option sales tax. • $20,495,000 is intended to provide funds to refund previously issued bond series that are now callable to realize interest savings of$1,172,618. The refunding includes General Obligation Bond Series 2009A $2,025,000; 2009B $7,830,000; Series 2009C $3,325,000; Series 2010A $3,100,000; Series 2010B $2,100,000; and Series 2010C $2,115,000. • $224,550 is intended to provide funds for bond issuance costs and • $435,450 to be a contingency for fluctuations in the bond market for interest rates, bond issuance costs and change in project costs. Although the City is selling General Obligation Bonds to support the projects, repayments of the debt will be local option sales tax. The refunding debt is repaid by debt service levy, solid waste collection fees, road use tax, stormwater user fees, sanitary sewer user fees, Dubuque Industrial Center tax increment revenue, and Greater Downtown tax increment revenue. The borrowing is subject to the "reverse referendum" procedures, under which petitions may be filed prior to the hearing asking that the bond proposal be submitted to an election. To qualify, a petition must be signed by eligible electors equal to at least ten percent of the number who voted at the last regular municipal election (but not less than ten persons). RECOMMENDATION I respectfully recommend the adoption of the enclosed resolutions fixing the date of February 20, 2017 for a public hearing on the proposition of selling not to exceed $21 ,400,000 General Obligation Bonds and providing publication of notice. JML Attachment cc: Crenna Brumwell, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Jean Nachtman, Finance Director i Ahlers&Cooney,P.C. A H L E R S COONEY Attorneys at Law 100 Court Avenue, Suite 600 T `t" 0 R N E Y 5 Des Moines, Iowa 50309-2231 Phone: 515-243-7611 Fax: 515-243-2149 www.ahlerslaw.com R. Mark Cory 515.246.0378 rcory@ahlerslaw.com p 1 February 2, 2017 Via E-mail and Overnight Delivery Ms. Jenny Larson Budget Director 50 W. 13th Street Dubuque;Iowa 52001 Re: City of Dubuque, Iowa - General Obligation Bonds, Series 2017A (ECP) - General Obligation Urban Renewal Refunding Bonds, Series 2017B (ECP/UR) - Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C (ECP/UR) I Dear Jenny: We have now prepared and are enclosing herewith suggested proceedings to be acted upon by the Council setting the hearings on the issuance of the bonds, pursuant to the provisions of Code Sections 384.25 and 403.12. A separate set of procedure has been prepared for each type of issue. As to the essential corporate purpose portion of the general obligation issue, at the time of hearing the Council shall receive oral or written objections from any resident or property owner to the proposed action to issue the bonds. After all objections have been received and considered, the Council is required, at that meeting or at any adjournment thereof, to take additional action for the issuance of the bonds or to abandon the proposal to issue the bonds. The Council is required by statute to adopt the resolution instituting proceedings to issue the bonds at the hearing or an adjournment thereof. Publication Requirement-Notice of Hearing(ECP). Notice of this meeting must be published at least once in a legal newspaper,`printed wholly in the English language, published at least once weekly, and having general circulation in the City. The date of publication is to be not less than four clear days nor more than twenty days before the date of the public meeting on the issuance of the bonds. In computing time,the date of publication should be excluded. If the last day falls on Sunday, the whole of the following Monday should be excluded. [See Section ICS 4.1(34).] wISHARD & BAILY - 1888, GUERNSEY & BAILY -- 1893, BAILY & STIPP - 1901; STIPP, PERRY, BANNISTER & STARZINGER - 1914, BANNISTER, CARPENTER, AHL.ERS & COONEY - 1950, ARLERS, COONEY, DORWEILER, ALLBEE, HAYNIE & SMITH - 1974, AHL.ERS, COONEY, DORWEIL.ER, HAYNIE, SmTU & ALIBEE, P.C. - 1990 f February 2, 2017 Page 2 As to the urban renewal portions of the general obligation issue, at any time before the date of the hearing, a petition may be filed with the Clerk requesting that the issuance of the bonds be submitted to an election. To qualify, a petition must be signed by eligible electors equal to at least ten percent of the number who voted at the last regular municipal election(but not less than ten persons). At the time of hearing the Council shall receive oral or written objections from any resident or property owner to the proposed action to issue the bonds. After all objections have been received and considered, the Council is required, at that meeting or at any adjoUr nrent thereof, to take additional action for the issuance of the bonds or to abandon the proposal to issue the bonds. i. The Council is required by statute to adopt the resolution instituting proceedings to issue the bonds at the hearing or an adjournment thereof. Publication Requirement-Notice of Hearing_(ECP/UR) II Notice of this meeting must be published at least once in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in the City. The date of publication is to be not less than ten clear days nor more than twenty days before the date of public meeting on the issuance of the bonds. In computing time, the date of publication should be excluded, If the last day falls on Sunday, the whole of the following Monday should be excluded. I For convenience we suggest all three notices be published at the same time, on or before Wednesday February 8,2017,thus in compliance with the Urban Renewal (UR) requirements. The forms of notice include the deadline at the top. Please notify us immediately if this publication schedule is problematic. We have enclosed an extra copy of each set of the proceedings to be filled in as the original and certified back to this office,together with the publisher's affidavit of publication of each notice of hearing. We are also enclosing an extra copy of each notice of hearing to be delivered to the newspaper for publication purposes. Certificates to attest the proceedings are also enclosed. We will prepare and forward to you in the near future, suggested procedure to be acted upon on the date of hearing. e February 2, 2017 Page 3 If you have any questions pertaining to the proceedings enclosed or the above instructions, please do not hesitate to either write or call. Very trfl yours, R. ark Cory FOR THE FIRM RMC:csm Enclosures a cc: Jean Nachtman, Finance Director Kevin Firnstahl, City Clerk Tionna Pooler, Municipal Advisor I 01323594-1\10422-177 ITEMS TO INCLUDE ON AGENDA FOR FEBRUARY 6, 2017 CITY OF DUBUQUE, IOWA Not to Exceed $8,950,000 General Obligation Bonds, Series 2017A. • Resolution fixing date for a meeting on the proposition to issue. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. February 6, 2017 The City Council of the City of Dubuque, State of Iowa, met in open session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:00 P.M., on the above date. There were present Mayor Roy D . B u o 1 , in the chair, and the following named Council Members: Ric Jon s, LniR fP1 Tnrn, David Resnick, Joyce Connors, Kevin Lynch, Jake Rios Absent: None Vacant: 1 Council Member Lynch introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $8,950,000 GENERAL OBLIGATION BONDS, SERIES 2017A OF THE CITY OF DUBUQUE, STATE OF IOWA (FOR ESSENTIAL CORPORATE PURPOSES), AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Connors seconded the motion to adopt. The roll was called and the vote was, AYES: Jones, Del Toro, Resnick, Connors Lynch, Rios, Buol NAYS: None Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 45-17 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $8,950,000 GENERAL OBLIGATION BONDS, SERIES 2017A OF THE CITY OF DUBUQUE, STATE OF IOWA (FOR ESSENTIAL CORPORATE PURPOSES), AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Dubuque, State of Iowa, should issue General Obligation Bonds, to the amount of not to exceed $8,950,000, as authorized by Section 384.25, of the Code of Iowa, for the purpose of providing funds to pay costs of carrying out essential corporate purpose projects as hereinafter described; and WHEREAS, before the Bonds may be issued, it is necessary to comply with the provisions of the Code, and to publish a notice of the proposal to issue such bonds and of the time and place of the meeting at which the Council proposes to take action for the issuance of the Bonds and to receive oral and/or written objections from any resident or property owner of the City to such action. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council meet in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:00 P .M., on the 20th day of February, 2017, for the purpose of taking action on the matter of the issuance of not to exceed $8,950,000 General Obligation Bonds, Series 2017A, for essential corporate purposes, the proceeds of which bonds will be used to provide funds to pay the costs of: -2- a) the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including General Obligation Bonds, Taxable Series 2009A (BAB), General Obligation Refunding Bonds, Series 2009C and General Obligation Bonds, Series 2010A; and b) the equipping of the fire department. Section 2. To the extent any of the projects or activities described in this resolution may be reasonably construed to be included in more than one classification under Division III of Chapter 384 of the Code of Iowa, the Council hereby elects the "essential corporate purpose" classification and procedure with respect to each such project or activity, pursuant to Section 384.28 of the Code of Iowa. Section 3. That the Clerk is hereby directed to cause at least one publication to be made of a notice of the meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in the City. The publication to be not less than four clear days nor more than twenty days before the date of the public meeting on the issuance of the Bonds. Section 4. The notice of the proposed action to issue bonds shall be in substantially the following form: 3 (To be published on or before: February 14, 2017) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $8,950,000 GENERAL OBLIGATION BONDS, SERIES 2017A OF THE CITY (FOR ESSENTIAL CORPORATE PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 20th day of February, 2017, at 6: 00 P .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $8,950,000 General Obligation Bonds, Series 2017A, for essential corporate purposes, to provide funds to pay the costs of: a) the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including General Obligation Bonds, Taxable Series 2009A (BAB), General Obligation Refunding Bonds, Series 2009C and General Obligation Bonds, Series 2010A; and b) the equipping of the fire department. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Section 384.25 of the Code of Iowa. Dated this 6th day of February , 2017. 2- ere CC— - Assistant City Clerk, City of Dubuque, State of Iowa (End of Notice) 4 PASSED AND APPROVED this 6th day of February, 2017. Mayor .' ATTEST: Assistant City Clerk STATE OF IOWA COUNTY OF DUBUQUE CERTIFICATE ) SS ) I, the undersigned, do hereby certify that I am now and was at the times hereinafter mentioned, the duly qualified and acting Clerk of the City of Dubuque, in the County of Dubuque, State of Iowa, and that as such Clerk and by full authority from the Council of the City, I have caused a NOTICE OF PUBLIC HEARING (Not to Exceed $8,950,000. General Obligation Bonds, Series 2017A) of which the clipping annexed to the publisher's affidavit hereto attached is in words and figures a correct and complete copy, to be published as required by law in the "Telegraph Herald", a legal newspaper published at least once weekly, printed wholly in the English language, published regularly and mailed through the post office of current entry for more than two years and which has had for more than two years a bona fide paid circulation recognized by the postal laws of the United States, and has a general circulation in the City, and that the Notice was published in all of the issues thereof published and circulated on the following date: February 8 , 2017. WITNESS my official signature this 8th day of February , 2017. Assistant City Clerk, City of Dubuque, State of Iowa (SEAL) 01323215-1\10422-177 NEWSPAPER'S COPY A PUBLISrI PER LETTER OF INSTRUCTION (To be published on or before: February 14, 2017) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $8,950,000 GENERAL OBLIGATION BONDS, SERIES 2017A OF THE CITY (FOR ESSENTIAL CORPORATE PURPOSES), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 20th day of February, 2017, at .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $8,950,000 General Obligation Bonds, Series 2017A, for essential corporate purposes, to provide funds to pay the costs of: a) the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including General Obligation Bonds, Taxable Series 2009A (BAB), General Obligation Refunding Bonds, Series 2009C and. General Obligation Bonds, Series 2010A; and b) the equipping of the fire department. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Section 384.25 of the Code of Iowa. Dated this day of ,2017. City Clerk, City of Dubuque, State of Iowa (End of Notice) 4 STATE OF IOWA {SS: DUBUQUE COUNTY CERTIFICATION OF PUBLICATION I, Suzanne Pike, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald,a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: February 08, 2017, and for which the charge is $92.25. Subscribed to before me, a Notary Public in and for Dubuque County, Iowa, this / day of ,20/. Notary Public in and for Dubuque County, Iowa. MARY K WESTERMEYER Commi2616fl Numb t 154885 My OammienlDn 54, RD, 1, 2020 fwdebte, rtes,s9 14-yibether4-,tbilidence' z_ber7ari %00grnentsVpr the :Vitra:431-40The was tt-eated-1`..4,9fralir-,09s0A teiVite-j-ti'teffe '.912 I 1=--a- laYe-, b:eetsSde in the 1-01(4.1-04,00 4[0111044',1 tenealLes 2OO9CarthGeTnerai_ ;14 f 5-n*,:ififolptoiforti4vov fth&abbitteetind 1.-OW_C;?.(i_italffili.f(rOttent'Y dhjeCtid4SAft9frlk;fanV„.i, -owner of the City to i?allt,-"lbjeeti0i1Shavo.beeni flelVed-*a I *il• l'at-Ithe*eeting or -rat anadjournment thereoftake additional actiorif66, the issuance .-Jfief';-.41blid-s,,,;5f,',3-w_i will ;ab4aolitgth00:00c_01-i toi�sue said Bonds. isgiven by • =Cifyit'Dobti 4.1e;i-StatOfilt4k-'aS 'provided by .Section 384.25 pfIe Code of ;Feb ikr0-.§;,2,1)):-Te, L'qleis 6 ill Assistajlt City Clerk,City �f sfate7liif,, \ 64 CITY OF DUBUQUE OFFICIAL NOTICE NOTicr*E4EETImp;, OF THE CITY ;COUN •'..C11&=:Of1,HE:',t1ITItj ;OF: OE EXCEED •111L256:000 YGENERAL DUBUQUE, STATE QFiOWA ON THE MAT4 RTERAOFATfitq:;IP:Ria TPOSEDISSUANCEOF NOTTOEXCEED 34406,0092,rs-crAkow--, 6ENERALOBLIGAi=7, I1011,-URBAN'RENEW-T tfile-ABEFUNDP4Gt tBDNO5,6JR4,--kgRIEs(FOR ?ANIESSENTIALT VAPOROgAaPutir. P,004);YAAN_DA.-TATHE tHEARING0)41:411REAS;rf:,' ISUANCE:THEREOFBLlNOTlCEJs: erObypg !riprothg 4CuOptintictsiistro aret6iiCiW; ioa;UhhoId eet proposes to ititinatVetton ec,psUanCe!-.0,-tindt ee..7443:42-01400:,,f Refundingt ies2017C for an essen- -W &tr. such -1---debtedhess-r-Vmslcre -ed for a purpose for 4hich genetat5Affilig - • e ce eir)teraderf-,o65f-s,ttoele;,,,= denced by bonds, war- the costs stOff4(41010,:t(iL50,19,_ reVidClendS1-49-t): d by rants, or =whether or extension of ca r tion bonds rnight have the fundingor been issued inthe orig- trefunding the same, TAifietlferictlickalich'tt General Oblrgation Ur- cfebtedness was creat ban Renewal Bonds, ed for a urpose for Taxalle Series 2009B which 0kon, (BAB) and General Ob tion bonds might have gjdatiOnAtichaf 1.,(61JnStatCeiincludingAt anytime before the Taxable General Obli- TJ ,ofthalneeting;- a gation urban Renewal ThetNen;caSlOgz,3t14''the question of issuing, Atan,'time before the such Bonds be submit- ate of he meeting, a ted to the legal voters petition, asking that of the City, may be the questiortofissuing -fiIedwith tha Clerk of,ttii-rrattiBbildt7be submit- tha „voters drpt,Ogledki.i7362.4 of the,,1y150,0091 ofthe City, may be - provisionsCode of 10- - filed with the Clerk- of w;prOn;i:Lrft4‘i61hr16 provided City1din the manner1 .84.25 362.4 ofthe Code of IC-, and 403,12 of the_ Code ,1 of Iowa. At the above meeting 4:384.243)(0, 384.25the Council shall re-". 1 ,,fand 403.12.Af-the Code , objections from any .j above meeting resident or property the Council shall re- to_deiyepratilidr2Vyritten the above actior;L, After 1 objections from 1 beenhave resident or property received and Con= owner of the City to Councilsidered, the - 7-theia6ov61-14166:. After will at the meeting or all li.6121e0ibtishaVe at any adjournrnent been received and con - thereof, taKe additional '?Council ,.:aetioiff9-.AhelS'stiante ';_will4-Ail.thOrtiieCting7dr of the Bonds 6.-c-v46:::,-:5„.!adjp4ennient • 44009n the E:proposal ithefecif,"takeVditionatto issuesaid BofldS. action for th issuance ,:ii .1 - Thisnoticeisgiven by of thkiRon'0;,:o(4v111 orderof tnel_City-Co_en •-;..toiS0e:-.Sajd Bonds. given by provide by Chapters,order'Of 11)0' City' CoLm-','1 384 4n01.-'10 the. Cede -',et to Dated -,;tr!is. 6th day, of provided chop-lotsFebruary, 2017. _ the Trish L. Gleason = Dated this "6th dayof CiTY;OF DUBUQUE NOTICE-:01F,-,MEETINQ-- joiva OF:THE-jtITYACQUW- - •-„ CERTIFICATE STATE OF IOWA ) SS COUNTY OF DUBUQUE I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed this _ 6th day of February , 2017. (SEAL) 01323215-1\10422-177 Assistant City Clerk, City of Dubuque, State of Iowa ITEMS TO INCLUDE ON AGENDA FOR FEBRUARY 6, 2017 CITY OF DUBUQUE, IOWA Not to Exceed $ 10,250,000 General Obligation Urban Renewal Refunding Bonds, Series 2017B. • Resolution fixing date for a meeting on the proposition to issue. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY.. February 6, 2017 The City Council of the City of Dubuque, State of Iowa, met in open session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:00 PM., on the above date. There were present Mayor Roy D . B u o 1 , in the chair, and the following named Council Members: Ric Jones, Luis Del Toro, David Resnick, Joyce Connors, Kevin Lynch, Jake Rios Absent: Nn n e Vacant: None 1 Council Member Lynch introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $10,250,000 GENERAL. OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017B OF THE CITY OF DUBUQUE, STATE OF IOWA (FOR AN ESSENTIAL CORPORATE PURPOSE), AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Connors seconded the motion to adopt. The roll was called and the vote was, AYES:Jn„A. nPi Tnrn, Resnick, Connors, Lynch, Rios, Buol NAYS: None Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 46-17 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $10,250,000 GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017B OF THE CITY OF DUBUQUE, STATE OF IOWA (FOR AN ESSENTIAL CORPORATE PURPOSE), AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, by Resolution this Council found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law, and approved and adopted the Greater Downtown Urban Renewal Plan (the "Plan") as amended for the Greater Downtown Urban Renewal Plan Area (the "Area" or "Urban Renewal Area"), which Plan is on file in the office of the Recorder of Dubuque County, Iowa; and WHEREAS, it is deemed necessary and advisable that the City of Dubuque, State of Iowa, should issue General Obligation Urban Renewal Refunding Bonds, to the amount of not to exceed $10,250,000, as authorized by Sections 384.25 and 403.12, of the Code of Iowa, for the purpose of providing funds to pay costs of carrying out an essential corporate purpose projects as hereinafter described; and WHEREAS, before bonds may be issued, it is necessary to comply with the procedural requirements of Chapters 384 and 403 of the Code of Iowa, and to publish a notice of the proposal to issue such bonds and the right to petition for an election. 2 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council meet in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6.0 0 p .M., on the 20th day of February, 2017, for the purpose of taking action on the matter of the issuance of not to exceed $10,250,000 General Obligation Urban Renewal Refunding Bonds, Series 2017B, for an essential corporate purpose, the proceeds of which bonds will be used to provide funds to pay the costs of the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including General Obligation Urban Renewal Bonds, Taxable Series 2009B (BAB) and General Obligation Urban Renewal Bonds, Series 2010C. Section 2. To the extent any of the projects or activities described in this resolution may be reasonably construed to be included in more than one classification under Division III of Chapter 384 of the Code of Iowa, the Council hereby elects the "essential corporate purpose" classification and procedure with respect to each such project or activity, pursuant to Section 384.28 of the Code of Iowa. Section 3. That the Clerk is hereby directed to cause at least one publication to be made of a notice of the meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in the City. The publication to be not less than ten clear days nor more than twenty days before the date of the public meeting on the issuance of the Bonds. Section 4. The notice of the proposed action to issue bonds shall be in substantially the following form: 3 (To be published on or before: February 8, 2017) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $10,250,000 GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017B OF THE CITY (FOR AN ESSENTIAL CORPORATE PURPOSE), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 20th day of February, 2017, at 6:00 P .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $10,250,000 General Obligation Urban Renewal Refunding Bonds, Series 2017B, for an essential corporate purpose, to provide funds to pay the costs of the settlement, adjustment, renewing, or extensionof any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including General Obligation Urban Renewal Bonds, Taxable Series 2009B (BAB) and General Obligation Urban Renewal Bonds, Series 2010C. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Chapters 384 and 403 of the Code of Iowa. Dated this 6th day of February , 2017. Assistant City Clerk, City of Dubuque, State of Iowa (End of Notice) -4 PASSED AND APPROVED this 6th day of February, 2917. ATTEST: Ass istantCity Clerk Mayor CERTIFICATE STATE OF IOWA ) SS COUNTY OF DUBUQUE I, the undersigned, do hereby certify that I am now and was at the times hereinafter mentioned, the duly qualified and acting Clerk of the City of Dubuque, in the County of Dubuque, State of Iowa, and that as such Clerk and by full authority from the Council of the City, I have caused a NOTICE OF PUBLIC HEARING (Not to Exceed $10,250,000 General Obligation Urban Renewal Refunding Bonds, Series 2017B) of which the clipping annexed to the publisher's affidavit hereto attached is in words and figures a correct and complete copy, to be published as required by law in the "Telegraph Herald", a legal newspaper published at least once weekly, printed wholly in the English language, published regularly and mailed through the post office of current entry for more than two years and which has had for more than two years a bona fide paid circulation recognized by the postal laws of the United States, and has a general circulation in the City, and that the Notice was published in all of the issues thereof published and circulated on the following date: February 8 , 2017. WITNESS my official signature this 8th day of February , 2017. Assistant City Clerk, City of Dubuque, State of Iowa (SEAL) 01323216-1 \10422-176 NEWSPAPER'S COPY 4 PUBLISI-I PER LETTER OF INSTRUCTION (To be published on or before: February 8, 2017) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $2,200,000 TAXABLE GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017C, OF THE CITY (FOR AN ESSENTIAL CORPORATE PURPOSE), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 20th day of February, 2017, at .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $2,200,000 Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C, for an essential corporate purpose, to provide funds to pay the costs of the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including Taxable General Obligation Urban Renewal Bonds, Series 2010B. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Chapters 384 and 403 of the Code of Iowa. Dated this day of , 2017. City Clerk, City of Dubuque, State of Iowa (End of Notice) -4 STATE OF IOWA {SS: DUBUQUE COUNTY CERTIFICATION OF PUBLICATION I, Suzanne Pike. a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald,a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: February 08, 2017, and for which the charge is $92.25. Subscribed to before me, a Notary Public in and for Dubuque County, Iowa, this / day of �_ � ,, , 20 /. Notary Public in and for Dubuque County, Iowa. MARY K WESTERMEYER ComNurtibit 154885 My 0ommiegion x Fdb.1, 2020 CITY OF, DUBUQUE : d 3FFICIAL,NOTICE NOTICE OF MEETING 00;.;.THEt1Ty:itcoUN-,1 P.t10004Ht'ielTif:',,bF:,:ii Dut1141.1E,,',STATEf,:OF&; tiOWktkNJTVIE-'_MAT7:,71 AEFOOr,12erilEillp0-;) 00$E05,, ISSUANCE OF NoTAwiTo:5:0:-OCEED."_; $8,950,000 GENERAL OBLIGATIONApqrlD5 iiStRIE-g004pFIfTllg c11-Y(FQR_OSENtiAL, tOOPOREItifi_!;:01,UR-?, P9SgS):7-,--iAtip-miE -i jigARINg=.,tiNAHE IS -,:1 iSVANCE:-TitiEREOF_T-,_:_i---;1 fil5ifl-1501314,1aNOTICE::,..-' ielitik---Jini66-,-ftha,-the.ii 'rLci-treouocirof:-,theitsiji) ga:upokicitie',,-514fp:WA Elbika't0111-',:hbld7aTOUblic•=1,1 a) eartiiggigtheV2Othl 'day'!t,f February,201.7,0 at z.fpo P:im::,---cin'.-.-th-Hit:::1 ric Federal;Buildinb,A West'-46tli-Street,VA DubL) 1WhiC,meeting,4,. ;09b,Ci1:13? op 0 s est Yptnig67-0-0itinndi-Jfaofibh, iqoahe41SkiatCe)St-iiet1 tctbN066edL.j$8;b%OCiO General Obligation Boos, sktoAotro ktoag40-ti4tiippfootAtpii puriides"v;,to'provide 47,funds toay the -costs e;settiernent,A :11:1 ment4„eneWin y,-exterjsion ofany ;eiteiid'750;TO:;t1,'.-.6441 ixihetherifOidented-gb3 '._ ,,::, lz•, fidtdg-il?,WArKant5,:::or F'l d diMerni§';- X)171 h 6', f Lin d -;',,1 ti,n4*-refLin-d [rg f the 4-c_SaMe;-*ipther:::or,,--,-net:i l(ichriAdt).-f0-44001 #createdjo r. -.4 purpose-q:. AtiOieh-totid(011-i0bli-a fidetie0E,005Atlir ,--h0e;been,,iaadedjM!!, e;: original instance,::,,,,irlf 1 ClUdiniteilerar„Obliga---,-4 Itirei136ridSMTd-iable'rll $erie.a:i5iRib5Aif(B,AB);',1 General Obligation _"--"Irteflitiding:.0ends'-',5ort --leS,:2009C„-riW.General Ohligatiiiitonda,-,Ser- ies 2011:kand 1))'Al:(01equipping :* the,firedeOa.ittfilent.::.,-; f-:1 At the above meeting the Council ,:fahallre-': ceiVe 7(0.61 or written -,'Objeotibria`4rOM'f!_-ami :-': itesiden06i-'.nord-pertyowne of the City to the above action. -After all-:-,--:Objections'-''haVe,.. been, received and con- sidered,'-',:the.,..--Cotncil ; Will 'atlhe meeting or '. at -,---TanV,.,,:--adjOurtiment -"thereof, take additional 'J action.for,the issuance ;of thel!,Bonds-'Or „: will -I '-abandon,-,the-:-,OrepOsal :11 to issuesaid Bonds. r. , This -noticeja,giVen by :orderOf the.:CitV Coun- -:cil 'Of the:City:W.01'115w- _1 StateOflOWa„:aa j3fdylidecl.;by„:::::-5e-ction 384.257:Ofjhe-',Cdde . of loyva.-,-, -:.--Dated this6th :day of -1 .FebrUarj`42017:--,,,,:;-,,,,; :Trish L.:-:,Gleasori -ASiStant:City,Cierki 1citcr.-rof.Dubuq0e, 2State of fem4 --: CliTY-OF1)11BUQI,JE :.:,,: -.,-;-.0FFICIA-1., NOTICE-, ikipTICg- OF.MEETIN G_': OF.I'lig-,:.ciTy-:i:OouN-- oLoF THE CITY OF :.Dusiii*gits-rATE?Ot IOWA, ON -.11ig-,MAT7: TER0IF THE:tr1,107' 5btitii'dis44014_,Iar tei ,..;-,,- e)te!erri, PBLIGATIP1`1-1M3p411 I 'Itili1311QUE;FrATE01 RENEWAL RE- THE jiiIAT-_tt FIJNONG010pONDSiTER 'OF: THE PRO - tsERIF.5.0,7p OF THE 'oposk):::,1§suAkttr:FA -4161-0001RUdEED.,!” - PURPOSE), AND THE GENERAL :OBUGA- TIAL CORPORATE $2,200,000 TAXABLE tikg4i3INq,'prt73111E1§71 PAION:tiRBAtillEINIEWA SUANCETHEREOFc.11i3Nbtgt4*gm ALN-ingi*EuNPINO th5rOt0:1Mthqz.f401 tioritattiFiAlig crry ity Council of the Cty Wok AN ESSENTIAL Phgtiqa-s.,011,0-10#?1 c,ORPQRAttibiPOK POSE), AND 0qng,:icp r:Q1#1p3',v29th HEARING ;ON -,TRIE1S;day of February, -„I 'i$.1#1.tpE:THEREOF.: tat-6;9P:PAViti:thcF471 :PUBC1C?.*QT.IcE;is toric Federal Building, -hreby giyen-that the .1 350,Meatlth'$,,StreetlCity ,the City Dubuque, IoWa, at;v04)-(104 Cie;5tate7-V)fwhich - meeting the l6wa,wi6 hold a public ±, -tqociripAriolq9v494 hearing on the 2Oth tke-,,addidon4114Ct!9:1.1 dy bf February, 2017, for,?tw-151ipc0:7:of:noti 'ip g,?:,:roccoo:319,25ppopi-to6c_[ederal Building, . Aotiefc;opiggiqnVr n:- etreiiiaVIRefqnBonds, Senes, 13'it.fWan-es'sentrial be4W.:;:oultpps-d,V..07, ji*:$10§3-00'15_ ment, -adjUstment, re liV4aalfrOtalte--,f thele gal indebtedness e 045:loybafj# war- vfarita'efjudgthento FthC-100,dillgAr 40,1 „meetly) „.. eiltrp.roneseas.,,„„, d'aditionanaOtiOn!,_ djisai.janeeXijet,-,, exceed ti�UfbnRneWaI ra P ; adjUStrrIentj.', refund nsion of ed r was06 se faot bee fl"11312144000whethbr or not such 1 al3Jridebtedness-..-0-i:a.„ r-, denced by bonds war whtch general obliga rants or --dnensta;-0etion bonde might have the fundrng or 1 -'2! -ban Renewal Bonds, 6d for -urpoe 'for - „ Taxable Series 2009B • , • , , • , • which general oblkga :(BABranid,,'„deneraOh-I ttionIbeildSInight dfqve- jigatierijUrbah:Renelyal- gE,rAtanytitrie-before;ihe,,Taxable General Ob!r date of,the7-Meeting;a petition, -askin that Bond, Seri0s2010B.-'- thequestions-pt tsSuing:. _wA't anytime before the suchBordsThesubmit-ted to the legal - voters petition sking that of the City,:rnay-be the cuestion of issuing Of,such annd5:.be submit- • City in provided by 1 Section of th0 ;City, - maybe -362.4 of the Ccidefof IO fiIed With the Clerk bf A ±he:.0-tjili11-0 imariner provisions of Sections the'Code 'ref ; and 403,12 of the Code Of I owa- of Sections:1 At the above meeting 384.25 thb Council shall re- .,.',and2103.12_of-the Code 1 ceive oral or I oVva:',' Objection5 from .; any At theabove meeting resident or ',„.property'; -the -City to-ceie-oral -or written the above attion,.!8,fter I ,-objections 'any -: all objections have! creSident or property been received and con -i, OWrier,of the City sidered,the Council ,.the--aboVe'aotiOn. After ''„_,-' will-Lat'-the- meeting or :a11-:',ighjectienS have '.: at any , adjournment ; ._:bedreeen'rde,ceAvhdod do uncil ,thereof, take additional- •s action :for:the-':i8"ailance will6tthk-'rneeting.-Or of„;the •Bonds or will atn'-adjounment abandon the proposal therbbf,takeadditional • toisuejsaidBen-d5.--'1-raetien7ferjhelatuance'74, This notice is -g given by - 'order Of the City -awl -1-i :-;011:6.i-Vudetis:-Ze:B--brii-do.esai.s. - ci I of the Cityof D ub - provided by Chaptersl'jortletiefthe:city'CoUn- 384the:CitV-Of Pubu- Codeoflowa. - Dated this sth -orovfOod.1-bs%,7chapters February, 2017.- 384 and403, :Of the _7i:codeof 1644. '-- ! _clty.-Clerk, •-,- Dtedthis 6th day of - : City p1 Dubuque, February 2017. DUBUQUE DO bite u -e --,.kOTICE'OF_MEETiNG CERTIFICATE STATE OF IOWA ) SS COUNTY OF DUBUQUE I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed this 6th February , 2017. (SEAL) 01323216-1 \10422-176 day of Assistant City Clerk, City of Dubuque, State of Iowa ITEMS TO INCLUDE ON AGENDA FOR FEBRUARY 6, 2017 CITY OF DUBUQUE, IOWA Not to Exceed $2,200,000 Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C. • Resolution fixing date for a meeting on the proposition to issue. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY.. February 6, 2017 The City Council of the City of Dubuque, State of Iowa, met in open session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6 : 00 P .M., on the above date. There were present Mayor Roy D. B u o 1 , in the chair, and the following named Council Members: Ric Jones, Luis Del Toro, David Resnick, Joyce Connors, Kevin Lynch, Jake Rios Absent: None Vacant: None Council Member Lynch introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $2,200,000 TAXABLE GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017C OF THE CITY OF DUBUQUE, STATE OF IOWA (FOR AN ESSENTIAL CORPORATE PURPOSE), AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Connors seconded the motion to adopt. The roll was called and the vote was, AYES: Jones, Del1 Tnrn, Ra.�n;rk, rc)nnors, Lynch, Rios, Buol NAYS: Nnne Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 47-17 RESOLUTION FIXING DATE FOR A MEETING ON THE PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED $2,200,000 TAXABLE GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017C OF THE CITY OF DUBUQUE, STATE OF IOWA (FOR AN ESSENTIAL CORPORATE PURPOSE), AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, by Resolution this Council found and determined that certain areas located within the City are eligible and should be designated as an urban renewal area under Iowa law, and approved and adopted the Greater Downtown Urban Renewal Plan (the "Plan") as amended for the Greater Downtown Urban Renewal Plan Area (the "Area" or "Urban Renewal Area"), which Plan is on file in the office of the Recorder of Dubuque County, Iowa; and WHEREAS, it is deemed necessary and advisable that the City of Dubuque, State of Iowa, should issue Taxable General Obligation Urban Renewal Refunding Bonds, to the amount of not to exceed $2,200,000, as authorized by Sections 384.25 and 403.12, of the Code of Iowa, for the purpose of providing funds to pay costs of carrying out essential corporate purpose project as hereinafter described; and WHEREAS, before bonds may be issued, it is necessary to comply with the procedural requirements of Chapters 384 and 403 of the Code of Iowa, and to publish a notice of the proposal to issue such bonds and the right to petition for an election. 2 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA: Section 1. That this Council meet in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6 : 0 0 P .M., on the 20th day of February, 2017, for the purpose of taking action on the matter of the issuance of not to exceed $2,200,000 Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C, for an essential corporate purpose, the proceeds of which bonds will be used to provide funds to pay the costs of the settlement, adjustment, renewing, or extension ofany part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including Taxable General Obligation Urban Renewal Bonds, Series 2010B. Section 2. To the extent any of the projects or activities described in this resolution may be reasonably construed to be included in more than one classification under Division III of Chapter 384 of the Code of Iowa, the Council hereby elects the "essential corporate purpose" classification and procedure with respect to each such project or activity, pursuant to Section 384.28 of the Code of Iowa. Section 3. That the Clerk is hereby directed to cause at least one publication to be made of a notice of the meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in the City. The publication to be not less than ten clear days nor more than twenty days before the date of the public meeting on the issuance of the Bonds. Section 4. The notice of the proposed action to issue bonds shall be in substantially the following form: 3 (To be published on or before: February 8, 2017) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $2,200,000 TAXABLE GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017C, OF THE CITY (FOR AN ESSENTIAL CORPORATE PURPOSE), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 20th day of February, 2017, at 6:00 P .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $2,200,000 Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C, for an essential corporate purpose, to provide funds to pay the costs of the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including Taxable General Obligation Urban Renewal Bonds, Series 2010B. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Chapters 384 and 403 of the Code of Iowa. Dated this a h day of _ . _ , 2017. Assistant City Clerk, City of Dubuque, State of Iowa (End of Notice) 4 PASSED AND APPROVED this 6th day of February, 2017. Mayor ATTEST: Assistant City Clerk CERTIFICATE STATE OF IOWA ) SS COUNTY OF DUBUQUE I, the undersigned, do hereby certify that I am now and was at the times hereinafter mentioned, the duly qualified and acting Clerk of the City of Dubuque, in the County of Dubuque, State of Iowa, and that as such Clerk and by full authority from the Council of the City, I have caused a NOTICE OF PUBLIC HEARING (Not to Exceed $2,200,000 Taxable General Obligation Urban Renewal Refunding Bonds, Series 2017C) of which the clipping annexed to the publisher's affidavit hereto attached is in words and figures a correct and complete copy, to be published as required by law in the "Telegraph Herald", a legal newspaper published at least once weekly, printed wholly in the English language, published regularly and mailed through the post office of current entry for more than two years and which has had for more than two years a bona fide paid circulation recognized by the postal laws of the United States, and has a general circulation in the City, and that the Notice was published in all of the issues thereof published and circulated on the following date: February 8 , 2017. WITNESS my official signature this 8th day of February , 2017. Assistant City Clerk, City of Dubuque, State of Iowa (SEAL) 01323213-1\10422-179 NEWSPAPER'S COPY v PUBLISH PER LETTER OF INSTRUCTION (To be published on or before: February 8, 2017) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $10,250,000 GENERAL OBLIGATION URBAN RENEWAL REFUNDING BONDS, SERIES 2017B OF THE CITY (FOR AN ESSENTIAL CORPORATE PURPOSE), AND THE HEARING ON THE ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 20th day of February, 2017, at .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the issuance of not to exceed $10,250,000 General Obligation Urban Renewal Refunding Bonds, Series 2017B, for an essential corporate purpose, to provide funds to pay the costs of the settlement, adjustment, renewing, or extension of any part or all of the legal indebtedness of a city, whether evidenced by bonds, warrants, or judgments, or the funding or refunding of the same, whether or not such indebtedness was created for a purpose for which general obligation bonds might have been issued in the original instance, including General Obligation Urban Renewal Bonds, Taxable Series 2009B (BAB) and General Obligation Urban Renewal Bonds, Series 2010C. At any time before the date of the meeting, a petition, asking that the question of issuing such Bonds be submitted to the legal voters of the City, may be filed with the Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant to the provisions of Sections 384.24(3)(q), 384.25 and 403.12 of the Code of Iowa. At the above meeting the Council shall receive oral or written objections from any resident or property owner of the City to the above action. After all objections have been received and considered, the Council will at the meeting or at any adjournment thereof, take additional action for the issuance of the Bonds or will abandon the proposal to issue said Bonds. This notice is given by order of the City Council of the City of Dubuque, State of Iowa, as provided by Chapters 384 and 403 of the Code of Iowa. Dated this day of , 2017. City Clerk, City of Dubuque, State of Iowa (End of Notice) 4 STATE OF IOWA {SS: DUBUQUE COUNTY CERTIFICATION OF PUBLICATION I, Suzanne Pike, a Billing Clerk for Woodward Communications, Inc., an Iowa corporation, publisher of the Telegraph Herald,a newspaper of general circulation published in the City of Dubuque, County of Dubuque and State of Iowa; hereby certify that the attached notice was published in said newspaper on the following dates: February 08, 2017, and for which the charge is $92.25. 0 Subscribed to before me, a Notary Public in and for Dubuque County, Iowa, this /, day of , 20 /7 . 0 Notary Public in and for Dubuque County, Iowa. MARY K WESTERMEYER CommitialOn NurnbOr 1648851 My Oommleelan f x0, fft, 1, 2020 :4:,,,;,:ponve-r7.F.7_7.4.; • OFDithifizAJE OFFICIAIL:INOTICE girNOTICE OF MEETINGOF THE CITYCO(JN- --,i MUi0FATHE':-CiTy-„Alf,;1 DUBUQUE, STATE OF lOWA ON THE MAT- TER OF THE PRO- tpostp,i'isuaNcEit•FNOT TO - EXCEED. iri. 48,95p;000 ii"i:-fGENERAL5:1 OBLIGATION BONDS, SERJES -201.7A )DETHE TiiixXFOR,.gssErrrim41 pillpoRATEAITUR 1,11)SfS);:ZANj*7;,,,THE'i lHEARING ON THE IS- isUAfeE1710FilEOF,r-!":',.-:6 PiBLIC NOTICE is vierObt-,:givenIthat'theCityCourciI of the City :si f Diibuque, State of lowa, will hold a public yearing06:Viczottjday of February, 2017, '.3 at 6:00 46601redotilIBLiildic0 350,:f.tkrestrth Dubuque,- meeting fn tCouncilApropOSe5,-to, '7=1544-s4-!4-0-ditieojeacqocr,:,,,, rot:Jffe jstiOnce."0-t notto exceed $8,950000 General Obllgation for essential corporate purposes to provide funds to pay the costs a) the ;sett! eMen AUStrfightTleifeyvind teI.T$10r-T1 of,4(11 or aU of the al indebtedness of it whether evidenced -L borlds-6syarc4rp,.„,„p derefft§ltbril-*furIclN4 1.1g666same,whether or not 1i:obfkio**4sA 06ated,Jor4d,'p impose '1 1,161-WhiCh*tleedt:bbikj tgaticiftlfibOnds14MIght have been,isSiledln the original instance, Obliga- tion - Bonds, Taxable Series 2009A (BAB), General Obligation Refunding Bonds, Ser- idS '2009Cand„';General Obligation Bonds, Ser- 1 les 20104; and the fire department. At the above meeting the Council shall re- • ceive oral or written objections from any resident or - property ownerbf the7City to -the above action. After all';':obj6ctions haVe: been received and :con- : s[dered, the Council 4illl'at'the:Meeting Or at any ;',Tany thereof, take additional actionTforthe issuance ofthe Bonds or will :I abandon'itheprOpOsal to issuesaid Sends: given by ordor.ofthe City:Coun- ciI of the City:Of pap,: i:q0ei-,-Statar of 1:1trijAirdeci 384.25 the :of r ,Dated this 6th day 91 FebrnarY4017.,-,;:„ L. Gleason -,-7--Assistant-City Clerk; Dtibt400;-%: Iowa CJTY OF DUBUQUE oFFICIAL NOTICE .NOTICE OF MEETING OF -THE r.ciTy:'tOUN- ,C11:1=iOlF7rHE I CITY-, OF DUBOOLIESTATE OF IOWA, 0N t•Tglif;f:cw THE f11,130,c P.OgED ,c)110 —,,,...„_,..... BLIGATION,,:,;;UR,BAN RENEINA(k4t-t-'ete.e,RE- FUNDING Pc:1--11-f,poilbsi, „,--,SERiE,S10178,:OFJHE, gCITIWORANESSEN-',. KiriAiAltORpciATE" 1,PuROosENTAND;FRIE HEAR11(4G-fP1.,111-1E:,-157„ r'f_SUAI,EcEpiEREOFA4 blerSIOTICE:i-As fherebygivenAtial ithe itl,Courioilpf-the,City;1 Of jp014,440-1-'-State,.1Of,„ 1 ftlgvya*iflthtld::$100h116.: heailniC17667the'::,41tfif rdajif.::_Febrtia!;:70):7:6 4AtS:00.P.WittlheiHiS..1 Itorib-rkedetal,43uiromb i5350:,*0#3,t1Vi-Street, 006;lieAviloWa.:;,-,01 which At! idOng '',it,',11-i el 40uxiV41:,r000..iliq taKla'lliaddititfrfal...aatip-tiji ZfOr4he-Stiantel'bflatj ItO:teXbeed $4,25040 peneitl',:i0blrgationUrl s- enewal :-Itef11I1 - 4-4Borids'AT-SerieS-- 713;Jor-,dbos9b:tial. corporate purpose, to d id0 yilfidtloii::.iS g Ogti-sliftriAtt ;.-t-ii007i*iji4rii0t;',1re- newing, rfOftklenSIOn of tany part or al ljaf,thkie7:', Idaliiitikbfaliet:ZOlia city, whether clenc015-y7.y4011#;i:w vlantliiiAlliOgririgi*-*,,A E,Itro[pb?prr-:.;,tpfo.01.0, tfrir.t3h0altshilifel,-:ll.il IWhether.ret*It I) In ' cidcie.lotOrip--s;w4,#4A, #010Fikiikb006: 0which'_',:tetigar-ViiiOat., Nbr(lbOridS--tnighthaVe, fibeenisstied'irithe'orig, kind! Ji-Stantelincliad irig CeneraLDbligatiOnUr- ban ---,.06gov_:Bonds, A45(abloT-0719,z9., ([3p,p)1::6..-riti:::.-.Getieral-pb ;irdaticlif 0-w.11 Renewal 3ends;,::SerieSoloc-:,,,kg,,, si,AtriOlt-110:-)Detpre,rtl-0, date i ofthe-Meetlng,.a, petitj6n,ti-:akirilg :;that -: the ALieStien,Ofi15Suipg,:,,, such Bonds':be submit- ted to the]egal:--voters of:the-: City, ;may ,!.,; be .7 T.fi red ivitht6,crer[c of , the City inthe'Mainrie(i :proyided 409 ,:,.:Section '„--362.4 Of the--Ccide.oflo,-;:, Wa i:-00i*iant .'ttl:,,the provisions of Sections., 384.24(3)(q), ,':-?384.25 1 ;' :and 403.12 of the Code ,.. of Iowa: ---I'..4: :-.,L ' -.---„,' - At the above meeting .:- the -Council ',shall • re- ceive 'oral - or - -written , 'Objections from :any.; r -resident ' or -;_property owner of the City to the above action:, After all: ''bbjeCtions ,-.: have r--. been received and con-- ,:sidere,d,:"'the• Council will at the meeting or at any-,,_ adjournment ,,thereof, lake additional action ler the itStlance of Ahe:„Bonds,-.or will abandon:II% proposal :--nto.isSuesaid Bonds.. -.'1 This'nofice-is given by t :i. order :Of the cityCOOrtt. , CILOf:the City of DubLF, e,] State Of. lo,Wa, :as ;-prOVided!,,by;:Chaptert 384 :, add 7: 403 of :the code:cif ,jciva, ;• :„,.,. ,,. r---; • Dated this 6th day of :. •F,elarciary; 2017.: : -„ ,.: ', - ;.-:,-,.,:r: Trish L. Gleason 7 p1/4sistvit City Clerk, '• • ,City 4f Dt4buque, ,t ' I . ' -! - '-State ofloWa ,,--_,„„„, ,:„Clity- OF DUBUQUE :,- .-:,:f.:OFFMEAL Nollic , --NOTICE OF MEETING ,r DUBUQUE, STATE-OFIOWA, ON THE MATsTER OE THE PRO-. POSEDISSUANCEOFE 140-41)16-UCEED.1 $2,200,000 TAXABLE A%1SIVERALITif3'413LIGATION URBAN RENEW„ sAuis-X-0..)tEEUN DING BCNES;q11,44-SERIEs- -2017C, OF THE CITY) AF(*);-0AiffissOrim 41'coRpouvrk*,NpoR-i posEnkANI6150:14E:1 HEARING;ON7INE'15-'Ll 'i$LIANDE1.111FREI*,1 :1013tIQUOTICE:gjS'::. belplicqgjcieilAhatjhe Citgpti(cj V the titjt,"f, fieifppliacjijk4titi of -hearipg on the- zoth A436ffiiFWO4 at 6ibo-pApih. aP;Bnilding;'.'; meeting , e exceed2-,2p0,00.10 g., AU.'Obji: :"Refi(ifdifigI3onds7ASer':,:+, S;r20t7_0:-Ter ialitorppiratep0(pcks;e; diiitleTiintIS-;t0715.aY rn .tiadjUStrrierit:46; frieWi -qqifelteriSiOri:Olt A OcjelatednaSS:b dginenitatfr podinglbt threame„:„., whethetpr-1,0Ots4Ch-in-1 " elotedrielSkaS:treati ' - tiOntendSlthighthaVe';,I, iitial-Ar(StaitejnClOdjOg-,:,1 &kalliylilriellbefl(led the: Oetitio*WaSking!--jhat, the qiiestion ofJs50 ,-,--Such'1300d$' bp submitt the'leg 1± voters o( 1th City, may be the City in'the Mangerprovided -by -Section , '13624 of th-e',Codetf of --1 384.24(3)(q), -t-- 384.25 f and .403.12 _of the Code At the above meeting ' ceiV'e 'Aral ,br--:Written :objections ,,44rern -any -or property owner .the :City: to -r_the-aboVe'aCtien. After-. objections have ‘.beeni-receriVed and con - the. Council i• will --at the'Meating,,Or - at -ani adjournrnent tb0eOf;:takd-add iti °nal_ '4 7actibr:fOrtheiSsoarice'l of the Bdnds or--WiIl--i iabanden:,,:the:-:ProPosal to issue said `Bonds.:• This notich is given by --] the'Cityr,Oenn- c11:of the -CitY- Of -1)ubu-- I State ',,of Iowa,- as -provided ,''bY;echapters 1 384: -,and 40) of the _-:Code.Of • 3ated ;this Sth day of 4, TehkdarY;=2017:, „fAssiStart'_City Clerk, Dubuque, CERTIFICATE STATE OF IOWA ) SS COUNTY OF DUBUQUE I, the undersigned City Clerk of the City of Dubuque, State of Iowa, do hereby certify that attached is a true and complete copy of the portion of the records of the City showing proceedings of the Council, and the same is a true and complete copy of the action taken by the Council with respect to the matter at the meeting held on the date indicated in the attachment, which proceedings remain in full force and effect, and have not been amended or rescinded in any way; that meeting and all action thereat was duly and publicly held in accordance with a notice of meeting and tentative agenda, a copy of which was timely served on each member of the Council and posted on a bulletin board or other prominent place easily accessible to the public and clearly designated for that purpose at the principal office of the Council pursuant to the local rules of the Council and the provisions of Chapter 21, Code of Iowa, upon reasonable advance notice to the public and media at least twenty-four hours prior to the commencement of the meeting as required by law and with members of the public present in attendance; I further certify that the individuals named therein were on the date thereof duly and lawfully possessed of their respective City offices as indicated therein, that no Council vacancy existed except as may be stated in the proceedings, and that no controversy or litigation is pending, prayed or threatened involving the incorporation, organization, existence or boundaries of the City or the right of the individuals named therein as officers to their respective positions. WITNESS my hand and the seal of the Council hereto affixed this 6th day of February , 2017. (SEAL) 01323213-1\10422-179 Assistant City Clerk, City of Dubuque, State of Iowa