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Minutes City Council Special 1 26 09 CITY OF DUBUQUE, IOWA CITY COUNCIL PROCEEDINGS The Dubuque City Council met in special session at 6:30 p.m. on January 26, 2009 in the Historic Federal Building. Present: Mayor Buol, Council Members Braig, Connors, Jones, Lynch, Voetberg, City Manager Van Milligen, City Attorney Lindahl Absent: Council Member Resnick Mayor Buol read the call and stated this is a special session of the City Council called for the purpose of discussing such matters which may properly come before the City Council. PUBLIC HEARINGS Issuance of General Obligation Bonds: Proof of publication on notice of public hearing to consider the issuance of not to exceed $25,000,000 General Obligation Bonds (for Urban Renewal Purposes) and City Manager recommending approval. Motion by Lynch to receive and file the documents and adopt Resolution No. 32-09 Instituting proceedings to take additional action for the issuance of not to exceed $25,000,000 General Obligation Bonds. Seconded by Jones. Motion carried 6-0. International Business Machines Corporation: Proof of publication on notice of public hearing to consider a Development Agreement between the City and Dubuque Initiatives and a proposed Incentive Agreement between the City and International Business Machines Corporation and City Manager recommending approval. Resolution Approving and authorizing execution of the Development Agreement between the City of Dubuque, Iowa and Dubuque Initiatives, and the Incentive Agreement between the City and International Business Machines Corporation presented and read. Motion by Lynch to adjourn and defer action on the Resolution and the proposal to the meeting to nd be held at 6:30 p.m. on the 2 day of February 2, 2009, at this place. Seconded by Connors. Motion carried 6-0. There being no further business, upon motion the City Council adjourned at 6:47 p.m. Jeanne F. Schneider, CMC City Clerk 1t 1/30