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Water Revenue Capital Loan Notes (SRF) $4.4M Roosevelt Water Tower Project_Initiate Copyrighted May 6, 2019 City of Dubuque Items to be set for Public Hearing # 1. ITEM TITLE: Water Revenue Capital Loan Notes (State Revolving Loan Funds) Construction Loan Application for Roosevelt Water Tower SUMMARY: City Manager recommending thata public hearing be set for May 20, 2019, on the proposition of selling not to exceed $4,400,000 in Water Revenue Capital Loan Notes (State Revolving Loan Fund Program), the proceeds of which will be used to pay costs for Roosevelt Street Water Tower, Water Distribution Improvements, and Eagle Point Park Treatment Plan Improvements. RESOLUTION Fixing date for a meeting on the authorization of a Loan and Disbursement Agreement and the issuance of not-to-exceed $4,400,000 Water Revenue Capital Loan Notes of the City of Dubuque, lowa and providing for publication of notice thereof SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s), Set Public Hearing for May 20, 2019 ATTACHMENTS: Description Type MVM Memo City Manager Memo Staff Memo Staff Memo Bond Counsel Letter Supporting Documentation Resolution Resolutions Notice of Public Hearing Supporting Documentation THE CTTY OF Dubuque DuB E ���' I � � I� MGdStCY�11eC2 011 t�12 M1SS1SS2�J�11 zoa�•zoiz•zois 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 $4,400,000, Water Revenue Capital Loan Notes State Revolving Funds, Construction Loan Application for Roosevelt Water Tower DATE: April 25, 2019 Director of Finance and Budget Jennifer Larson recommends that a public hearing be set for May 20, 2019, on the proposition of selling not to exceed $4,400,000 in Water Revenue Capital Loan Notes (State Revolving Loan Fund Program), the proceeds of which will be used to pay costs for Roosevelt Street Water Tower, Water Distribution Improvements, and Eagle Point Park Treatment Plan Improvements. I concur with the recommendation and respectFully request Mayor and City Council approval. ��� ��t�/�����~ Michael C. Van Milligen MCVM/jml Attachment cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Teri Goodmann, Assistant City Manager Jennifer Larson, Director of Finance and Budget Denise Blakeley-Ihrig, Water Department Manager Dubuque THE CTTY OF � DT T� r, NI-AmericaCAY u L ' � II � ' Masterpiece on the Mississippi _uo�•ao�z•zms•zm; TO: Michael C. Van Milligen, City Manger FROM: Jennifer Larson, Director of Finance and Budget SUBJECT: Proceedings to Set Public Hearing on the Issuance of Not to Exceed $4,400,000, Water Revenue Capital Loan Notes State Revolving Funds, Construction Loan Application for Roosevelt Water Tower DATE: April 25, 2019 INTRODUCTION: The purpose of this memorandum is to recommend the setting of a public hearing on the issuance of a not to exceed $4,400,000 SRF Construction Loan. The proceeds of which will be used to fund the construction of the Roosevelt Water Tower project. A letter from attorney Kristin Cooper detailing information on the public hearing is enclosed. DISCUSSION In August 2017, the City issued a $475,000 SRF Planning and Design Loan for the Roosevelt Water Tower project. The planning and design loan had a 0% interest rate and no initiation or servicing fees. The $475,000 will be rolled into the SRF Construction Loan and is included in the issuance of not to exceed $4,400,000 Water Revenue Capital Loan Notes State Revolving Funds. The design was completed by IIW and in June 2018, a preliminary engineering report (PER) was submitted to the lowa DNR for review and approval of a 1.25MG elevated storage tower, pressure reducing stations, water main improvements, and water treatment plant pump improvements. On January 17, 2019 the lowa DNR issued approval of the PER submitted in June 2018. The notice approved lowa SRF funding in support of a 1.OMG elevated storage tower and not the recommended 1.25MG elevated storage tower. However, in reviewing the original PER there are clear benefits to the tower being sized at 1.25MG. The distribution system analysis focused on site selection, tower sizing, overflow elevation, and fire suppression needs. The Roosevelt Street location in Zone 2 was selected due its proximity to two 12-inch diameter mains, land and site access availability, the overall site elevation, and its proximity to drainage facilities in the event of an overflow and drainage associated with tank maintenance. Sizing of the tower has varied between 750,000 gallons and 1.25 million gallons. Sizing the tower at 1 .25 million gallons would replace the functionally obsolete 0.5 million- gallon Eagle Point Park Elevated Tower and the Stafford Street booster pump station and provide maximum fire flows and normal usage during a major fire and accommodation of seroice area expansion. In addition, Zone 2 could be connected to Olympic Heights subdivision (Zone 5) and the Olympic Heights booster pump station could be taken out of service reducing energy, operation and maintenance costs and a pressure zone. The Olympic Heights pump station is required to run 24 hours per day to provide daily usage. If Zones 2 and 3 are to be combined, water fed from the north with a 1 .25-million-gallon tank would improve flow rates and reliability into Zone 3. The overflow elevation of the proposed Roosevelt Tower has been set to match the overflow elevations of Zone 3 storage facilities, including College Street tower. When a connection between Zone 2 and Zone 3 is established, the overflow elevations would require analysis of not only Zones 2 and 3, but also Zone 1 located east of the bluff and served by the West 3rd Street in ground reservoir and Park Hill Standpipe. As Zone 1 and Zone 2 could both provide water supply and pressure to Zone 3, an analysis of how these zones can work together will enable to the City to make effective and economical water storage improvements in the future. Such storage improvements would be scheduling of water storage tank coating maintenance and eliminating water storage deficiencies present in Zone 3. The DNR regulations require water storage must be equal to the average daily use and/or the recommended fire protection volume. While excess storage is discouraged due to water quality issues that may arise, insufficient storage is equally as important. The lowa DNR supports and is in general agreement with the concepts in the PER including the connection of Zone 2 to Zone 3 allowing for the proposed water tower to be common to the demands of both zones. On March 25, 2019, The City Council awarded two construction contracts for the Water Distribution System Pressure Zone 2 Improvements: Roosevelt Street 1 .25 MG Elevated Water Tower Project. Contract A was awarded to CB&I, LLC of Plainfield, Illinois in the amount of $2,928,600. Contract A includes the Roosevelt Street Water Tower and Water Distribution Improvements. The extent of the work consists of the construction of a 1 .25 MG water tower and associated water main installation. The project also includes various work associated with the site improvements including earthwork, storm sewer, sanitary sewer service, clearing and grubbing, PCC pavement, seeding, and erosion control. Traffic control is included in the project to maintain a safe work site for both the contractor and the public. Contract B was awarded to Portzen Construction of Dubuque, lowa in the amount of $986,620. Contract B includes the Eagle Point Park Treatment Plant and Water Distribution Improvements. The extent of the work consists of the construction of four pressure control stations. Two of the stations will be cast-in-place, 10-fott by 14-foot 3-inch structures, and two of the stations will be 6-foot diameter precast manhole structures. The stations will include control valves and process piping. The construction of the pressure control stations will include surface restoration including PCC And HMA pavement patching and associated traffic control. Also included in the project is process piping modifications and pump replacement at the Eagle Point Pumping Facility for pumps #6 and #7 which involves controls and electrical improvements. BUDGETIMPACT The State Revolving Loan program along with Water Department cost savings are available to fund the Roosevelt Street tower project. � - � - � . � � - � Le al Loan SRF •$25,000 Easements Easements SRF $4,000 Construction 1 .00 MG Tower SRF $2,285,000 Construction Tower Site SRF $315,000 Construction Distribution S stem SRF $699,000 Construction Treatment Plant SRF $260,000 En ineerin Ins ection SRF $180,000 En ineerin Desi n SRF $475,000 Contin enc Contin enc SRF $133,630 Loan Initiation Loan Fee SRF $23,370 Total SRF $4,400,000 � - � - � . � � - � Construction 0.25MG Tower Water Fund $300,000 Construction Residential PRV Water Fund $67,000 En ineerin Ins ection Water Fund $101 ,500 Easements Easements Water Fund $38,432 Contin enc Contin enc Water Fund $320,740 Total Water $872,672 Total cost of the project is estimated to be $5,272,672. Contract B is estimated to be completed by November 1 , 2019 and Contract A is estimated to be completed by November 1 , 2010. The State Revolving Capital Loan Notes will carry an annual 1 .75°k interest rate for 20 years, with an annual servicing fee of 0.25°k. There is also a onetime 0.5°k upfront loan origination fee. ACTION TO BE TAKEN I respectfully recommend the adoption of the enclosed resolution fixing the date of May 20�h for a public hearing on the proposition of selling not to exceed $4,400,000 in Water Construction SRF Loan Notes for the Roosevelt Water Tower project. Attachments cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Teri Goodmann, Assistant City Manger Denise Ihrig, Water Department Manager Ahlers�&Cooney, P.C. A H L E R S C O D N E Y Attorneys af Law 100 Court Avenue, Suite 600 A T T O R N E Y S Des Moines, lowa 50309-2231 Phone: 515-243-7611 Fax: 515-243-2149 www.ahlerslaw.com Kristin B. Cooper 515.246.0330 kcooper@ahlerslaw.com April 22, 2019 VIA EMAIL Ms. Jenny Larson Budget Director City of Dubuque 50 West 13th Street Dubuque, Iowa 52001 RE: Dubuque, Iowa-Not to Exceed $4,400,000 Water Revenue Capital Loan Notes (Iowa Drinking Water Facilities Financing Program) Dear Jenny: We have now prepared and are enclosing herewith suggested proceedings to be acted upon by the City Council in fixing the date of a meeting on the proposition to issue the above mentioned Capital Loan Note and ordering publication of a notice of hearing consistent with the provisions of Code Sections 384.24A and 384.83. As you may know, the borrowing of loan funds by the City through the Iowa Drinking Water Facilities Financing Program("DWSRF Program") invotves the same procedures applicable to the issuance and sale of municipal bonds generally. In this instance, the Iowa Finance Authority (the "Authority")has agreed to make the City a low-interest loan under the terms of a Loan and Disbursement Agreement, which will be secured and evidenced by a Water Revenue Capital Loan Note that will be issued to the Authority at the time the loan is closed. The Authority has advised that all Revolving Fund loans are subj ect to additional procedural requirements, most notably - compliance with prevailing wage (Davis-Bacon) provisions. We will coordinate with the Authority on your behalf to properly document this loan program, but will defer to your engineers for contract compliance requirements. 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 ublicatia�� is to be nnt less tl�an Ft�ur Gl�ar daYs nnr mare t�lan twenCy_c�ays before the date of said public meeting. 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. WISHARD & BAILY - 1888; GUERNSEY 8t BAILY - 1893� BAILY & STIPP - 1901; STIPP� PERRY� BANNISTER & STARZINGER - 1914� BANNISTER� CARPENTER, AHLERS & COONEY - 1950; AHLERS� COONEY� DORWEILER� ALLBEE� HAYNIE Hi SMITH - 1974� AHLERS, COONEY, DORWEILER� HAYNIE� SMITH & ALLBEE� P.C. - 1990 Apri122, 2019 Page 2 Also enclosed is an extra copy of the proceedings to be filled in as the original and certified back to this office,together with publisher's affidavit of publication of notice of hearing. We are also enclosing an extra copy of the notice of hearing to be delivered to the newspaper for publication purposes. A certificate to attest the proceedings is also enclosed. Should you have any questions concerning the enclosed proceedings or the DWSRF Program, please don't hesitate to contact me. Very truly yours, Ahlers & Cooney, P.C. Kristin Billingsley Cooper FOR THE FIRM KBC:seb Enclosures cc: Kevin Firnstahl, City of Dubuque (via e-mail w/enc.) Tionna Pooler, Independent Public Advisors (via e-mail w/enc.) Deron L. Muehring, Civil Engineer, City of Dubuque 01582074-1\10422-197 7'g 5 ITEMS TO INCLUDE ON AGENDA CITY OF DUBUQUE, IOWA Not to Exceed $4,400,000 Water Revenue Capital Loan Notes (Iowa Drinking Water Facilities Financing Program) • Resolution fixing date for a meeting on the proposition to authorize a Loan and Disbursement Agreement and the issuance of Notes to evidence the obligations of the City thereunder. NOTICE MUST BE GIVEN PURSUANT TO IOWA CODE CHAPTER 21 AND THE LOCAL RULES OF THE CITY. May 6, 2019 The City Council of the City of Dubuque, State of Iowa, met in regular session, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:00 o'clock P.M., on the above date. There were present Mayor Roy D. Buol, in the chair, and the following named Council Members: Ric Jones, Kate Larson, David Resnick, Jake Rios, Brett Shaw Absent: Council Member Luis Del Toro 1 Council Member Shaw introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,400,000 WATER REVENUE CAPITAL LOAN NOTES OF THE CITY OF DUBUQUE, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF", and moved that the same be adopted. Council Member Resnick seconded the motion to adopt. The roll was called and the vote was, AYES: Resnick, Jones, Shaw, Rios, Larson, Buol NAYS: Whereupon, the Mayor declared the Resolution duly adopted as follows: RESOLUTION NO. 161-19 RESOLUTION FIXING DATE FOR A MEETING ON THE AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,400,000 WATER REVENUE CAPITAL LOAN NOTES OF THE CITY OF DUBUQUE, IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Dubuque, Iowa should provide for the authorization of a Loan and Disbursement Agreement and the issuance of Water Revenue Capital Loan Notes, in the amount of not to exceed $4,400,000, as authorized by Sections 384.24A and 384.83, Code of Iowa, as amended, for the purpose of providing funds to pay costs as hereinafter described; and WHEREAS, the City has applied for a loan through the Iowa Drinking Water Facilities Financing Program pursuant to which the Iowa Finance Authority has agreed to purchase the City's Notes and has requested that such Notes be issued as a single Note in a denomination equal to the total amount of the issue as authorized by Chapter 384 of the Code of Iowa; and WHEREAS, the Loan and Disbursement Agreement and Note shall be payable solely and only out of the Net Revenues of the Municipal Water System and shall be a first lien on the future Net Revenues of the Utility; and shall not be general obligations of the City or payable in any manner by taxation and the City shall be in no manner liable by reason of the failure of the Net Revenues to be sufficient for the payment of the Loan and Disbursement Agreement and Note; and WHEREAS, before a Loan and Disbursement Agreement may be authorized and Water Revenue Capital Loan Notes issued to evidence the obligation of the City thereunder, it is necessary to comply with the provisions of the Code of Iowa, as amended, and to publish a -2- notice of the proposal and of the time and place of the meeting at which the Council proposes to take action for the authorization of the Loan and Disbursement Agreement and Notes 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 City Council meet in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa at 6:00 o'clock P.M., on the 20th day of May, 2019, for the purpose of taking action on the matter of the authorization of a Loan and Disbursement Agreement and the issuance of not to exceed $4,400,000 Water Revenue Capital Loan Notes to evidence the obligations of the City thereunder, the proceeds of which will be used to provide funds to pay the costs of the acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Water System, including those costs associated with the Roosevelt Street water tower and water distribution improvements project and the Eagle Point water treatment plant and water distribution improvements project; and refunding the Water Revenue Capital Loan Notes Anticipation Project Note, Series 2017, dated September 22, 2017. Section 2. That the Clerk is hereby directed to cause at least one publication to be made of a notice of said meeting, in a legal newspaper, printed wholly in the English language, published at least once weekly, and having general circulation in said City, said publication to be not less than four clear days nor more than twenty days before the date of said public meeting on the issuance of the Notes. Section 3. The notice of the proposed action shall be in substantially the following form: 3 (To be published between: May 7, 2019 and May 15, 2019) NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,400,000 WATER REVENUE CAPITAL LOAN NOTES, AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, Iowa, will hold a public hearing on the 20th day of May, 2019, at o'clock .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the City Council proposes to take additional action for the authorization of a Loan and Disbursement Agreement by and between the City and the Iowa Finance Authority, and the issuance to the Iowa Finance Authority of not to exceed $4,400,000 Water Revenue Capital Loan Notes to evidence the obligations of the City under said Loan and Disbursement Agreement, in order to provide funds to pay the costs of acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Water System, including those costs associated with the Roosevelt Street water tower and water distribution improvements project and the Eagle Point water treatment plant and water distribution improvements project; and refunding the Water Revenue Capital Loan Notes Anticipation Project Note, Series 2017, dated September 22, 2017. The Notes will not constitute general obligations or be payable in any manner by taxation, but will be payable from and secured by the Net Revenues of the Municipal Water Utility. At the above meeting the City 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 City Council will at this meeting or at any adjournment thereof, take additional action for the authorization of said Loan and Disbursement Agreement and the issuance of Notes or will abandon the proposal to issue the Notes. This Notice is given by order of the City Council of the City of Dubuque, Iowa, as provided by Sections 384.24A and 384.83, as amended. Dated this day of , 2019. City Clerk, City of Dubuque, State of Iowa (End of Notice) 4 PASSED AND APPROVED this 6th day of May, 2019. ATTEST: 5 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 corporate records of the City showing proceedings of the City 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 public hearing 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 (a copy of the face sheet of the agenda being attached hereto) 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. 2019. WITNESS my hand and the seal of the City hereto affixed this 7th day of May, City C1er, City of Dubuque, State of Iowa 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 MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, STATE OF IOWA, ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,400,000 WATER REVENUE CAPITAL LOAN NOTES, OF THE CITY OF DUBUQUE, AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF 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: May 10, 2019. WITNESS my, official signature at Dubuque, Iowa, this 7th day of May, 2019. A ,,y -0142250 1 \10422;1, City Cl rk, City of Iubuque, State of Iowa CITY OF DUBUQUE OFFICIAL NOTICE NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA ON THE MATTER OF THE PROPOSED AUTHORIZATION OF A LOAN AND DISBURSEMENT AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $4,400,000 WATER REVENUE CAPITAL LOAN NOTES, AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the City Council of the City of Dubuque, Iowa, will hold a public hearing on the 20th day of May, 2019, at 6:30 o'clock PM, in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the City Council proposes to take additional action for the authorization of a Loan and Disbursement Agreement by and between the City and the Iowa Finance Authority, and the issuance to the Iowa Finance Authority of not to exceed $4,400,000 Water Revenue Capital Loan Notes to evidence the obligations of the City under said Loan and Disbursement Agreement, in order to provide funds to pay the costs of acquisition, construction, reconstruction, extending, remodeling, improving, repairing and equipping all or part of the Municipal Water System, including those costs associated with the Roosevelt Street water tower and water distribution improvements project and the Eagle Point water treatment plant and water distribution improvements project; and refunding the Water Revenue Capital Loan Notes Anticipation Project Note, Series 2017, dated September 22, 2017. The Notes will not constitute general obligations or be payable in any manner by taxation, but ^✓ill be payable from and secured by the Net Revenues of the Municipal Water Utility. At the above meeting the City 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 City Council will at this meeting or at any adjournment thereof, take additional action for the authorization of said Loan and Disbursement Agreement and the issuance of Notes or will abandon the proposal to issue the Notes. This Notice is given by order of the City Council of the City of Dubuque, Iowa, as provided by Sections 384.24A and 384.83, as amended. Copies of supporting documents for the public hearings are on file in the City Clerk's Office, City Hall, 50 W. 13th St., Dubuque, Iowa, and may be viewed during normal working hours. Written comments regarding the above public hearings may be submitted to the City Clerk's Office, 50 W. 13th St., Dubuque, IA 52001, on or before said time of public hearing. At said time and place of public hearings all interested citizens and parties will be given an opportunity to be heard for or against said proposal. 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: May 10, 2019, and for which the charge is $45.30 -1r-2 Subscribed to before me, a Notary Public in and for Dubuque County, Iowa, this ,.,2* 9th day of 27%ti" , 20 /,. otary Pd blic in and for Dubuque Ginty, Iowa. MARY K WESTERMEYER Commission Nurnber 154885 My Commission Exp. Feb. 1, 2020 crrioE DUBUQUE ;OFFICIAL_ NOTICE NOTICE'OFMEETING OF THE °;CITY GOON - CIL Ot4HE CITY'OF DUBUQUE, IOWA:. ON THE MATTER OF,THE PROPOSED AUTHO- RIZATION OF A,LOAN AND ;,-,DISBURSEMENT AP Ei THE;I ski NQT 4 Tg t EX EE9.:; $4,e4O0,0Q0 WATER REYE'NUE,t CAPITAL LOAN NOTES, AND THE PUBLIC ,HEARING ON THE,iAUTHORIZA- TION.AND ISSUANCE THEREOF PUBLIC NOTICE is hereby .given ,that,,,;the City Council oftheCity of •Dubuque Iowa, will hold a, public hearing on the -20th day of"May, 2019,, at, E:30, o'clock PM, tin the, Historic Fed- eral, Building, 350 West 6th„ Street -, Dubuque, Iowa; at which,rneeting theCity ;Council pro- posesito take addition- al action for the authorization of a Loan and r„ :Disbursement Agreement byeand.;-be- tween- the City ,and :the Iowa ;.Finance Authori- ty, andtle issuance -to • the Iowa -Finance „Au- thority of not to exceed $4,400,000 Water , Rev- enue •,Capital ; 'Loan Notes-toevidence-the obligatiip s of the, City: under4sad Loan ;and Disbursement Agree- ment, -in ,order. to pro- videfunds to; pay the costs of acquisition, construction recon- struction, extending, remodeling improving, repairingand,,;equip- ping;all ler,,part of the Municipal- Water,', Sys; tem including -.those costs, ,associated ,with the Roosevelt Street water',tower and,water distribution improve ments,project „and ;the Eagle , Point water l' treatment pl nt aand sater'dislnbU ton'im prevemeii'ts °'protect; and refurtding the �Wa-;r ter Revenue ' Capital t pan -Notes Anticil1. tion Project Note, Se ries 2017, dated Sep-} • tember 22, 2017. -The Notes' Will not Const',; tute 'general obliga'; tions or°be payable1i.n any manner by taxa''• • tion but °will "'" be> payabl'b from" and 'se='': cured by the Net Rev- enues of the Municipal Water Utility, At the}above.Meeting the CityCouhcil shall receive'"o'ral, or written objections _from.'any'. resident or, ;property owner of)+thee ity ,to thdatioue�a troh-rAfitW alba ppje„actior shave beer. reoeryed ansl�con= siderer"the Ctty'Cou,n- cil wijl`at this teeting or at "any adfoun nenot:- thereof,; take additional actipn for th'e author ration, cof said Loan and Disburseirient- Agreeriient and the is- suance.of Notes o,r. will abandd'n the ,proposal to. issue"the'Notes . This NgtiCejsgivep by order of the City Coun cil of the, .City :of Dub.ugye, lowa,'as pro 111 vided by Sections 38424A',and38483Fas amended ; x Copies W supporfing documents for the dub- lic'hearing's are on file in the,City Clerk's Of- fice, `City Hall"'50 W. s�;�ndmayu5e vied� diigrmal workingrhoursW, Written.cpmrflents re garding the,aboye pub lic hearings.-rnay be submitted to the••City Clerk's Offipe, .50 ; W 13th St Dubuque, IA 52001 op ori bt?fore sai>;Ifq tE�tr�ie of� �`pul�lie hear', g?� At sartl�trf#�'e and ;place.. of .;public hearings all interested citizens and :parties will be'given an ;oppor- tunity'to be` heard for or agaihst said propos al In iy,Idualswith limit - e , ngt h proficiency, vision,',, pearrrt ;or speechr- ' Flnipairrdents requiring speciall=`assis tante `'-should coritact' the .City Clerk's. Office at`�(563), 5894160 or TDD" (5"63) 690'6678 as soon`as feasible. -Dated this 10th -;day of May, 2019 IEevm S nstahl City Clerk, City of Dubuque State fn ldwa It 5/10