General Obligation Bonds_$5M for Urban Renewal PurposesMasterpiece on the Mississippi
Dubuque
kittd
All-America City
I
2007
TO: The Honorable Mayor and City Council Members
FROM: Michael C. Van Milligen, City Manager
SUBJECT: Amended Proceedings to Set Public Hearing on the Issuance of Not to
Exceed $5,000,000 General Obligation Urban Renewal Bonds for Greater
Downtown Improvements
DATE: November 18, 2011
Budget Director Jennifer Larson has amended the proceedings to set the public hearing
on the issuance of not to exceed $5,000,000 General Obligation Urban Renewal Bonds
for Greater Downtown Improvements to remove the acquisition of real property for
public or private redevelopment.
The amended documents are attached.
MCVM /jml
Attachments
Michael C. Van Milligen
cc: Barry Lindahl, City Attorney
Cindy Steinhauser, Assistant City Manager
Jenny Larson, Budget Director
Masterpiece on the Mississippi
TO: Michael C. Van Milligen, City Manager
FROM: Jennifer Larson, Budget Director
Dubuque
NI- America City
2007
SUBJECT: Amended Proceedings to Set Public Hearing on the Issuance of Not to
Exceed $5,000,000 General Obligation Urban Renewal Bonds for Greater
Downtown Improvements
DATE: November 18, 2011
INTRODUCTION
The purpose of this memorandum is to recommend the setting of a public hearing on
the proposal to issue General Obligation Urban Renewal Bonds, the proceeds of which
will be used to fund urban renewal project activities under the authority of Chapter 403
of the Code of Iowa and the Amended and Restated Urban Renewal Plans of the
Greater Downtown Urban Renewal Area. A letter from attorney William Noth detailing
information on the bond hearing is enclosed. The proceedings have been amended to
remove the acquisition of real property for public or private redevelopment.
DISCUSSION
Of the bond amount:
• $4,300,000 is intended to provide funds to pay costs associated with the
construction of an intermodal transportation center. The City has received a
State of Good Repairs grant for $8 million for the construction of the intermodal
transportation center which has a 30% local match requirement ($3.4 million).
The amount included in this borrowing for the intermodal transportation center is
$900,000 more than the required local match due to including a 25%
contingency in the project cost. In addition, the City has applied for a Transit
Investments for Greenhouse Gas and Energy Reduction (TIGGER) grant, Bus
Livability grant and Transportation Investment Generating Economic Recovery
(TIGER) grant for the remaining cost of the intermodal transportation center. The
intermodal transportation center will be a transit central hub for passenger rail,
buses and taxis and provide a parking structure with 253 -300 parking stalls. The
final design on the intermodal transportation center will be completed in early
2012, construction bids completed in the spring 2012, and start of construction in
summer 2012 with completion in summer 2013.
• $75,000 is intended to provide funds for bond issuance costs and
AHLERS &COONEY, ReCEIVED
100 COURT AVENUE, SUITE 600 11G'� ► 5 P ►� ` ►
DES MOINES, IOWA 50309 -2231
PHONE: 515 - 243 -7611
FAX: 515-243-2149
Clerks Office
WWW.AHLERSLAW.COM City it }`/
William J. Noth
wnotheahlerstaw.com
November 14, 2011
Mr. Ken TeKippe
Finance Director
City of Dubuque
50 West 13th Street
Dubuque, Iowa 52001 -4864
Dubuque, IA
Re: Not to exceed $5,000,000 General Obligation Bonds
Dear Mr. TeKippe:
Direct Dial:
(5151246 -0332
We have now prepared and are enclosing suggested proceedings to be acted upon
by the Council in fixing the date of a meeting on the proposition to issue the above
mentioned Bonds and ordering publication of a notice of hearing consistent with the
provisions of Code Sections 384.24(3)(q) and 403.12.
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
before the date of the public meeting on the issuance of 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.
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).
The Council is required by statute to adopt the resolution instituting proceedings to
issue the Bonds at the hearing - -or an adjournment thereof.
WISHARO & BAILY - 1888: GUERNSEY & BAILY - 1893: BAILY & STIPP - 1901: STIPP. PERRY. BANNISTER & STARZINGER - 1914: BANNISTER, CARPENTER,
AHLERS & COONEY - 1950: AHLERS, COONEY, DORWEILER, ALLBEE. HAYNIE & SMITH - 1974: AHLERS, COONEY, DORWEILER, HAYNIE SMITH & ALLBEE. P.0 - 1990
November 14, 2011
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.
We will prepare and forward to you in the near future, suggested procedure to be
acted upon on the date of hearing. If you have any questions pertaining to the proceedings
enclosed or the above instructions, please do not hesitate to either write or call.
Very truly yours,
William J. Noth
WJN:dc
encl.
cc: Jenny Larson (w /encl.)
00825892- 1\10422 -130
JGllN'AL
(This Notice to be posted)
NOTICE AND CALL OF PUBLIC MEETING
Governmental Body: The City Council of the City of Dubuque, Iowa.
Date of Meeting: November 21 , 2011.
Time .of Meeting: 6:30 o'clock p .M.
Place of Meeting: Historic Federal Building, 350 West 6th Street, Dubuque,
Iowa.
PUBLIC NOTICE IS HEREBY GIVEN that the above mentioned governmental
body will meet at the date, time and place above set out. The tentative agenda for the
meeting is as follows:
Not to exceed $5,000,000 General Obligation Bonds.
• Resolution fixing date for a meeting on the proposition to issue.
Such additional matters as are set forth on the additional page(s) attached hereto.
(number)
This notice is given at the direction of the Mayor pursuant to Chapter 21, Code of
Iowa, and the local rules of the governmental body.
Cit Clerk, City of Dubuque, Iowa
,2011
November 21
The City Council of the City of Dubuque, Iowa, met in Regular session,
in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at 6:30
o'clock P.M., on the above date. There were present Mayor Roy D. Buol , in
the chair, and the following named Council Members:
Karla Braig, Joyce Connors, Ric JnnPs
Kevin Lynch, David Resnick, Lynn Sutton
Absent:
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 $5,000,000 GENERAL
OBLIGATION BONDS (FOR URBAN RENEWAL PURPOSES) OF THE CITY OF
DUBUQUE, IOWA, 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: Sutton, Braig, Buol, Connors
NAYS:
Jones, Lynch, Resnick
Whereupon, the Mayor declared the resolution duly adopted as follows:
RESOLUTION NO. 387 -11
RESOLUTION FIXING DATE FOR A MEETING ON THE
PROPOSITION OF THE ISSUANCE OF NOT TO EXCEED
$5,000,000 GENERAL OBLIGATION BONDS (FOR URBAN .
RENEWAL PURPOSES) 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 issue General Obligation Bonds, to the amount of not to exceed $5,000,000, as
authorized by Sections 384.24(3)(q) and 403.12, of the City Code of Iowa, for the
purpose of providing funds to pay costs of carrying out the urban renewal 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, and to publish a notice of the proposal to issue
such Bonds and the right to petition for an election.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF DUBUQUE, IOWA:
2
Section 1. That this Council meet in the Historic Federal Building, 350 West 6th
Street, Dubuque, Iowa, at 6 : 30 o'clock P .M., on the 5th day of
December , 2011, for the purpose of taking action on the matter of the issuance of
not to exceed $5,000,000 General Obligation Bonds, for urban renewal purposes of the
City, the proceeds of which Bonds will be used to provide funds to pay costs of aiding in
the planning, undertaking and carrying out of urban renewal project activities under the
authority of Chapter 403 of the Code of Iowa and the Amended and Restated Urban
Renewal Plan for the Greater Downtown Urban Renewal District, including those costs
associated with the construction of an intermodal transportation center.
Section 2. 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 before the date of the public meeting on the
issuance of the Bonds.
Section 3. The notice of the proposed action to issue the Bonds shall be in
substantially the following form:
3
NOTICE OF MEETING OF THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF
NOT TO EXCEED $5,000,000 GENERAL OBLIGATION BONDS (FOR
URBAN RENEWAL PURPOSES) OF THE CITY, AND THE HEARING ON
THE ISSUANCE THEREOF
PUBLIC NOTICE is hereby given that the City of Dubuque, Iowa, will hold a
public hearing on the 5th day of December , 2011, at 6:30
o'clock 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 $5,000,000 General Obligation Bonds, for urban renewal purposes of said City, in
order to provide funds to pay costs of aiding in the planning, undertaking and carrying
out of urban renewal project activities under the authority of Chapter 403 of the Code of
Iowa and the Amended and Restated Urban Renewal Plan for the Greater Downtown
Urban Renewal District, including those costs associated with the construction of an
intermodal transportation center.
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 City
Clerk of the City in the manner provided by Section 362.4 of the Code of Iowa, pursuant
to the provisions of Section 384.24(3)(q) of the Code of Iowa.
This notice is given by order of the City Council of the City of Dubuque, Iowa, as
provided by Section 384.24(3)(q) and 403.12 of the City Code of Iowa.
Dated this 23rd day of Novemer , 2011.
V / /
w, 07i)10MI
City C erk, City of Dubuque, Iowa
(End of Notice)
PASSED AND APPROVED this 21st day of November , 2011.
ATTEST:
z
®
City Cl rk
5
Mayor
STATE OF IOWA
COUNTY OF DUBUQUE
CERTIFICATE
) SS
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 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 (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.
WITNESS my hand and the seal of the City hereto affixed this
December , 2011.
(SEAL)
0082589571V0422-130!.
J 1�
1st
City Cle c, ity of Dubuque, Iowa
day of
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 MEETING OF THE CITY COUNCIL OF THE CITY OF
DUBUQUE, IOWA, ON THE MATTER OF THE PROPOSED
ISSUANCE OF NOT TO EXCEED $5,000,000 GENERAL
OBLIGATION BONDS OF THE CITY OF DUBUQUE, AND THE
HEARING ON THE 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:
November 23
, 2011.
WITNESS my official signature at Dubuque, Iowa, this 1st day of
December ,2011.
00825895 -1 \10422 -130 rl-
City Cle k, City of Dubuque, Iowa
A L
NOTICE OFWEWTING
OF THE CITY
COUNCIL OF THE
CITY OF DUBUQUE,
IOWA, ON THE
MATTER OF THE
PROEQSED.ISSUANCE
OF °HOT TO 'WEED
$5;000,00oGENERAL
OBLIGATION BONDS
FOR U
. PURR � 1pNE
cifr, AND THE"
HEARING ON THE
ISSUANCETHEREOF
PUBLIC NOTICE is
hereby given that the
City of Dubuque, Iowa,
will hold a public
hearing on the Sth day
of Decentber,,20).1, at
630 o'clock P.M., in the
Hjsto "ric Federal
Building, 350. West 6th
Street, Dubuque, Iowa,
at -which meeting the
Council- proposes,
take ad'ditione a4tion
,fdr the issuance -of not
-to exceed $5,000,000
Generat Obligation
Bondb: `fo'r ',Urban,
Renewal Purposes of
said ,City, in order to
provide: funds to pay
costs of aiding in the
planning, undertaking
.and.: cargring out. ,of
urban renewal project
activities under the
authority of Chapter
403 of the Code of Iowa
and the Amended and
Restated ,
Renewal. lan' for the
Greater Downtown
Urban Renewaj,Diistrict,
including those cdsts
associated with the
construction of an
intermodal transpor-
tation center,. and the
acquisition of real
property for public or
private redevelopment.
At airytune 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 City
Clerk of the City in the
manner provided by
Section 362:4 of the
Code of Iowa,, pursuant
to the prow ion e, of
Section' 384.243W. of
the Cod. of, Iowa.
This notice igivenby:I
order of 'the
Council of the City-'of
Dubuque, Iowa, as
384.24(3)(q) and 403.12
of the City Code of
Iowa.
Dated this 23rd day of
November, 2011.
Kevin S. Firnstahl,.
City Clerk,
City of Dubuque, Iowa,"
It 11/23
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: November 23, 2011, and for which the charge is $23.46.
Subscribed to before
this day of
(:)42-e
a Notary Public ip and for Dubuque County, Iowa,
� ,20// .
otary Public in and for Dubuque County, Iowa.
MARY K, WESTERMEYER j
Number 154',5
Commisslnn 4,