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Taxable General Obligation Bonds, Series 2014C_$500KCity of Dubuque Copyright 2014 Items to be set for Public Hearing # 4. ITEM TITLE: SUMMARY: SUGGESTED DISPOSITION: ATTACHMENTS: Description E MVM Memo E Staff Memo ❑ Bond Counsel Letter ❑ Resolution Taxable General Obligation Bonds, Series 2014C City Manager recommending that a public hearing be set for November 3, 2014, on the proposition of selling not to exceed $500,000 in Taxable General Obligation Bonds. RESOLUTION Fixing date fora meeting on the authorization of a Loan Agreement and the issuance of not to exceed $500,000 General Obligation Capital Loan Notes, Series 2014, (for General Corporate Purposes) of the City of Dubuque, State of Iowa, and providing for publication of notice thereof Suggested Disposition Suggested Disposition: Receive and File; Adopt Resolution(s), Set Public Hearing for 11/3/14 Type City Manager Memo Staff Memo Supporting Documentation Resolutions THE CITY OF Dui Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager Dubuque band AI -America City r 2007 • 2012 • 2013 SUBJECT: Proceedings to Set Public Hearing on the Issuance of Not to Exceed $500,000 Taxable General Obligation Capital Loan Notes (Parking), Series 2014C DATE: October 15, 2014 Budget Director Jennifer Larson recommends that a public hearing be set for November 3, 2014, on the proposition of selling not to exceed $500,000 in Taxable General Obligation Bonds, the proceeds of which will be used to pay costs of projects in the City budget previously approved by the City Council including Major Parking Ramp Maintenance; Five Flags Ramp Re -Lighting; Locust Street Ramp Repairs; Sealcoating Parking Lots; Parking Meter Replacement; and Port of Dubuque Lot Electrical Cabinet. Although the City is selling General Obligation Bonds to support the projects, repayments of the debt will be from Parking User Fees. 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). Section 384.25 of the Code of Iowa provides that any resident or property owner of the City may appeal the decision to take additional action to issue the bonds, to the District Court of a county in which any part of the City is located, within 15 days after such additional action is taken, but that the additional action is final and conclusive unless the court finds that the Council exceeded its authority. I concur with the recommendation and respectfully request Mayor and City Council approval. Michael C. Van Milligen MCVM/jml Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Jennifer Larson, Budget Director Kenneth TeKippe, Finance Director THE CITY OF Dui Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager FROM: Jennifer Larson, Budget Director Dubuque band AI -America City r 2007 • 2012 • 2013 SUBJECT: Proceedings to Set Public Hearing on the Issuance of Not to Exceed $500,000 Taxable General Obligation Capital Loan Notes (Parking), Series 2014C DATE: October 15, 2014 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. A letter from attorney Mark Cory detailing information on the bond hearing is enclosed. DISCUSSION Of the bond amount: • $100,000 is intended to provide funds to pay costs of Major Parking Ramp Maintenance with repayment from Parking User Fees. • $90,000 is intended to provide funds for Five Flags Ramp Re -Lighting with repayment from the Parking User Fees. • $76,000 is intended to provide funds for Locust Street Ramp Repairs with repayment from Parking User Fees. • $95,000 is intended to provide funds for Sealcoating Parking Lots with repayment from Parking User Fees. • $50,000 is intended to provide funds for Parking Meter Replacement with repayment from Parking User Fees. • $34,000 is intended to provide funds for Port of Dubuque Lot Electrical Cabinet with repayment from Parking User Fees. • $8,000 is intended to provide funds for bond issuance costs and • $47,000 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 Parking User Fees. 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). Section 384.25 of the Code of Iowa provides that any resident or property owner of the City may appeal the decision to take additional action to issue the bonds, to the District Court of a county in which any part of the City is located, within 15 days after such additional action is taken, but that the additional action is final and conclusive unless the court finds that the Council exceeded its authority. RECOMMENDATION I respectfully recommend the adoption of the enclosed resolution fixing the date of November 3, 2014 for a public hearing on the proposition of selling not to exceed $500,000 Taxable General Obligation Capital Loan Notes (Parking), Series 2014C and providing publication of notice. JML Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Kenneth TeKippe, Finance Director R. Mark Cory RCory@ahterslaw.com AHLERS >COONEY, P.C. 100 COURT AVENUE, SUITE 600 DES MOINES, IOWA 50309-2231 FAX: 515-243-2149 WWW.AHLERSLAW.COM October 15, 2014 Sent Via E-mail & UPS Next Day Delivery Jenny Larson Budget Director City of Dubuque 50 West 13th Street Dubuque, Iowa 52001 RE: Dubuque, Iowa — General Obligation Capital Loan Notes, Series 2014 (ECP/GCP/UR) Dear Jenny: Direct Dial; 515.246.0378 We have now prepared and are enclosing 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 notes and are ordering publication of a notice of hearing consistent with the provisions of the Iowa Code. (See publication requirement.) A separate set of procedure is enclosed for each type of purpose. We understand that the hearings will be held on November 3, 2014. As to the non -urban renewal essential corporate purpose portion of the note issue, 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 said public meeting on the issuance of said notes. 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 ICS 4.1(4).) At the time of said hearing the Council shall receive oral or written objections from any resident or property owner of the City, to the proposed action to issue said notes. 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 said notes or to abandon the proposal to issue said notes. As to the urban renewal purpose portion of this issue, 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 WISHARD & 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.C. - 1990 October 15, 2014 Page 2 issuance of the notes. 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 notes 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 notes at the hearing -- or an adjournment thereof. If necessary to adjourn, the minutes are written to accommodate that action. As to the two general corporate purpose portions of the note issue, notice of each meeting must be published at least once in a local 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 notes. 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 Code Section 4.1 [34]). If one or more valid petitions are filed, we should be notified immediately since future proceedings will have to be prepared to cover the action taken by the Council in either declaring the proposal to issue the notes to have been abandoned or the directions of the Council to the County Commissioner to call a special election upon the question of issuing the notes. An extra copy of the above procedure for each set is enclosed to be filled in as the original and certified back to this office. We are also enclosing an extra copy of each Notice of Hearing to be delivered to the newspaper for publication purposes. Copies of the Publisher's Affidavits covering publication of the Notices will need to be forwarded to us. If you have any questions pertaining to the procedure enclosed or the above mentioned instructions, please don't hesitate to contact our office. Very trill yours RMC:jas Enclosures cc: Ken TeKippe (via e-mail w/enc.) Kevin Firnstahl (via e-mail w/enc.) Tionna Pooler (via e-mail w/enc.) 01059573-1\10422-159 R. Ma Cory FOR THE FIRM (This Notice to be posted) NOTICE AND CALL OF PUBLIC MEETING Governmental Body: The City Council of the City of Dubuque, State of Iowa. Date of Meeting: October 20, 2014. 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 $500,000 General Obligation Capital Loan Notes, Series 2014. • Resolution fixing date for a meeting on the proposition to authorize a Loan Agreement and the issuance of Notes to evidence the obligations of the City thereunder. Such additional matters as are set forth on the additional 5 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. City Cl k, City of Dubuq tate of Iowa October 20, 2014 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 6:30 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, Rick Jones, Kevin Lynch, David Resnick, Lynn Sutton Absent: -1- Council Member Lynch introduced the following Resolution entitled "RESOLUTION FIXING DATE FOR A MEETING ON THE AUTHORIZATION OF A LOAN AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $500,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES 2014, (FOR GENERAL CORPORATE PURPOSES) OF THE CITY OF DUBUQUE, STATE OF 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, Jones, Lynch, Resnick NAYS: Whereupon, the Mayor declared the resolution duly adopted as follows: RESOLUTION NO. 334-14 RESOLUTION FIXING DATE FOR A MEETING ON THE AUTHORIZATION OF A LOAN AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $500,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES 2014, (FOR GENERAL CORPORATE PURPOSES) OF THE CITY OF DUBUQUE, STATE OF IOWA, AND PROVIDING FOR PUBLICATION OF NOTICE THEREOF WHEREAS, it is deemed necessary and advisable that the City of Dubuque, State of Iowa, should provide for the authorization of a Loan Agreement and the issuance of General Obligation Capital Loan Notes, Series 2014, to the amount of not to exceed $500,000, as authorized by Sections 384.24, 384.24A, 384.25 and 384.26, Code of Iowa, as amended, for the purpose of providing funds to pay costs of carrying out general corporate purpose projects as hereinafter described; and WHEREAS, the Loan Agreement and Notes shall be payable from the Debt Service Fund; and WHEREAS, the City has a population of more than 5,000, but not more than 75,000, and the amount of the proposed note issue is not more than $700,000; and WHEREAS, before a Loan Agreement may be authorized and General Obligation Capital Loan Notes, Series 2014, issued to evidence the obligation of the City thereunder, it is necessary to comply with the provisions of the City Code of Iowa, as amended, and to publish a notice of the proposal and of the time and place of the meeting at which the Council proposes to take -2- action for the authorization of the Loan Agreement and Notes and the right to petition for an election; 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 6:30 o'clock P.M., on the 3rd day of November, 2014, for the purpose of taking action on the matter of the authorization of a Loan Agreement and the issuance of not to exceed $500,000 General Obligation Capital Loan Notes, Series 2014, the proceeds of which will be used to pay costs of acquisition, construction, maintenance, improvement and equipping of parking ramps, parking lots, and street parking and shall bear interest at a rate not exceeding the maximum specified in the attached notice. Section 2. The Clerk is authorized and directed to proceed on behalf of the City with the negotiation of terms of a Loan Agreement and the issuance of General Obligation Capital Loan Notes, Series 2014, evidencing the City's obligations to a principal amount of not to exceed $500,000, to select a date for the final approval thereof, to cause to be prepared such notice and sale information as may appear appropriate, to publish and distribute the same on behalf of the City and this Council and otherwise to take all action necessary to permit the completion of a loan on a basis favorable to the City and acceptable to the Council. Section 3. That the Clerk is hereby directed to cause at least one publication to be made of a notice of 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 (10) nor more than twenty clear days before the date of the public meeting on the issuance of the Notes. Section 4. The notice of the proposed action shall be in substantially the following form: -3- 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 AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $500,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES 2014, (FOR GENERAL CORPORATE PURPOSES) AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 3rd day of November, 2014, at o'clock .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the authorization of a Loan Agreement and the issuance of not to exceed $500,000 General Obligation Capital Loan Notes, Series 2014, for general corporate purposes, bearing interest at the rate of not to exceed nine (9%) per centum per annum, in order to pay costs of acquisition, construction, maintenance, improvement and equipping of parking ramps, parking lots, and street parking. Principal and interest on the proposed Loan Agreement will be payable from the Debt Service Fund. At any time before the date of the meeting, a petition asking that the question of entering into a loan agreement and issuing such notes 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 City Code of Iowa pursuant to Section 384.26 of the City Code of Iowa. This Notice is given by order of the Council of the City of Dubuque, State of Iowa, as provided by Sections 384.24, 384.24A, 384.25 and 384.26 of the City Code of Iowa, as amended. Dated this day of , 2014. City Clerk of the City of Dubuque, State of Iowa (End of Notice) -4- PASSED AND APPROVED this 20th day of October, 2014. ATTEST: -5- 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 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. WITNESS my hand and the seal of the City hereto affixed th°s- 1st day of October, 2014. City C er ; City of Dubuque, S aye of Iowa (SEAL) ROLL CALL ORDER FOR MEETING OF October 20, 2014 Sutton, Braig, Buol, Connors, Jones, Lynch, Resnick CITY OF DUBUQUE, IOWA CITY COUNCIL MEETING Historic Federal Building 350 W. 6th Street October 20, 2014 Council meetings are video streamed live and archived at www.cityofdubuque.org/media and on Dubuque's CityChannel on the Mediacom cable system at Channel 8 (analog) and 85.2 (digital). SPECIAL SESSION 1. 6:00 PM - Closed Session: Pending Litigation and Property Acquisition Pursuant to Chapter 21.5(1)(c), -(j) Code of Iowa REGULAR SESSION 6:30 PM PLEDGE OF ALLEGIANCE PROCLAMATION(S) 1. Keeping the Lights on Afterschool Day (October 23, 2014) 2. Andrew Connolly Make a Difference Day (October 25, 2014) CONSENT ITEMS The consent agenda items are considered to be routine and non -controversial and all consent items will be normally voted upon in a single motion without any separate discussion on a particular item. If you would like to discuss one of the Consent Items, please go to the microphone and be recognized by the Mayor and state the item you would like removed from the Consent Agenda for separate discussion and consideration. 1. Minutes and Reports Submitted City Council proceeding of 10/2, 10/6; Human Rights Commission of 9/8; Library Board of Trustees of 8/28; Library Board of Trustees Update of 9/25; Sister City Advisory Commission of 9/24; Zoning Advisory Commission of 10/1; Proof of Publication for City Council proceedings of 9/15; Proof of Publication for List of Claims and Summary of Revenues Month Ending 8/31 Suggested Disposition: Receive and File 2. Disposition of Claims City Attorney advising that the following claims have been referred to Public Entity Risk Services of Iowa, the agent for the Iowa Communities Assurance Pool: June Crimmins for property damage, Kelly Davis for vehicle damage, Stephen Launspach for property damage Suggested Disposition: Receive and File; Concur 3. Notice of Claims and Suits June Crimmins for property damage, Kelly Davis for vehicle damage; Stephen Launspach for property damage; City of Dubuque vs. Michael Dennison, et al Suggested Disposition: Receive and File; Refer to City Attorney 4. Sustainable Dubuque Quarterly Report City Manager transmitting the Sustainable Dubuque Quarterly Report for September 2014. Suggested Disposition: Receive and File 5. Sustainable Dubuque Community Grant Recommendations City Manager recommending approval of the quarterly Sustainable Dubuque Community grant applications. Pg. 1 City Manager recommending approval of a Resolution of Necessity that finds that a Housing Urban Renewal Plan for the North Cascade Road Area is both necessary and appropriate, and sets a public hearing on the proposed amendment for December 1, 2014. RESOLUTION of Necessity finding that certain property along North Cascade Road is an Economic Development Area and that the Development of said Area is necessary in the interest of the residents of the City of Dubuque Other Receive and File; Adopt Resolution(s), Set Public Hearing for 12/1/14 2. Taxable General Obligation Capital Loan Notes (Urban Renewal and Parking), Series 2014C City Manager recommending that a public hearing be set for November 3, 2014, on the proposition of selling not to exceed $8,625,000 in Taxable General Obligation Bonds. RESOLUTION Fixing date for a meeting on the authorization of a Loan Agreement and the issuance of not to exceed $8,265,000 General Obligation Capital Loan Notes, Series 2014, of the City of Dubuque, State Of Iowa, and providing for publication of notice thereof Other Suggested Disposition: Receive and File; Adopt Resolution(s), Set Public Hearing for 11/3/14 3. Tax -Exempt General Obligation Bonds Series 2014B City Manager recommending that a public hearing be set for November 3, 2014, on the proposition of selling not to exceed $18,335,000 in Tax -Exempt General Obligation Bonds. RESOLUTION Fixing date for a meeting on the authorization of a Loan Agreement and the issuance of not to exceed $18,335,000 General Obligation Capital Loan Notes, Series 2014, of the City of Dubuque, State of Iowa, and providing for publication of notice thereof Other Suggested Disposition: Receive and File, Adopt Resolution(s), Set Public Hearing for 11/3/14 4. Taxable General Obligation Bonds, Series 2014C City Manager recommending that a public hearing be set for November 3, 2014, on the proposition of selling not to exceed $500,000 in Taxable General Obligation Bonds. RESOLUTION Fixing date for a meeting on the authorization of a Loan Agreement and the issuance of not to exceed $500,000 General Obligation Capital Loan Notes, Series 2014, (for General Corporate Purposes) of the City of Dubuque, State of Iowa, and providing for publication of notice thereof Other Suggested Disposition: Receive and File; Adopt Resolution(s), Set Public Hearing for 11/3/14 5. Tax -Exempt General Obligation Bonds, Series 2014B City Manager recommending that a public hearing be set for November 3, 2014, on the proposition of selling not to exceed $575,000 in Tax -Exempt General Obligation Bonds. RESOLUTION Fixing date for a meeting on the authorization of a Loan Agreement and the issuance of not to exceed $575,000 General Obligation Capital Loan Notes, Series 2014, (for General Corporate Purposes) of the City of Dubuque, State of Iowa, and providing for publication of notice thereof Other Suggested Disposition: Receive and File; Adopt Resolution(s), Set Public Hearing for 11/3/14 BOARDS/COMMISSIONS 1. Appointments of Applicant(s) Appointments to the following commissions to be made at this meeting Community Development Advisory Commission One, 3 year term through February 15, 2016 (Vacant term of Corken) Applicant: Michelle Hinke, 973 Patricia Ann Dr. Environmental Stewardship Advisory Commission One, 3 year term through October 1, 2017 (Vacant term of Bergum) Applicant: Lalith Jayawickrama, 2360 Cherry St Pg. 4 EPAPER'S COPYL INSTRUCTION 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 AGREEMENT AND THE ISSUANCE OF NOT TO EXCEED $500,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES 2014, (FOR GENERAL CORPORATE PURPOSES) AND THE PUBLIC HEARING ON THE AUTHORIZATION AND ISSUANCE THEREOF PUBLIC NOTICE is hereby given that the Council of the City of Dubuque, State of Iowa, will hold a public hearing on the 3rd day of November, 2014, at o'clock .M., in the Historic Federal Building, 350 West 6th Street, Dubuque, Iowa, at which meeting the Council proposes to take additional action for the authorization of a Loan Agreement and the issuance of not to exceed $500,000 General Obligation Capital Loan Notes, Series 2014, for general corporate purposes, bearing interest at the rate of not to exceed nine (9%) per centum per annum, in order to pay costs of acquisition, construction, maintenance, improvement and equipping of parking ramps, parking lots, and street parking. Principal and interest on the proposed Loan Agreement will be payable from the Debt Service Fund. At any time before the date of the meeting, a petition asking that the question of entering into a loan agreement and issuing such notes 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 City Code of Iowa pursuant to Section 384.26 of the City Code of Iowa. This Notice is given by order of the Council of the City of Dubuque, State of Iowa, as provided by Sections 384.24, 384.24A, 384.25 and 384.26 of the City Code of Iowa, as amended. Dated this day of , 2014. City Clerk of the City of Dubuque, State of Iowa (End of Notice) -4- 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, STATE OF IOWA, ON THE MATTER OF THE PROPOSED ISSUANCE OF NOT TO EXCEED $500,000 GENERAL OBLIGATION CAPITAL LOAN NOTES, SERIES 2014, 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: October 23 , 2014. WITNESS my official signature at Dubuque, Iowa, this 3rd day of November , 2014. City Cl k, City of Dubuque, State of Iowa (SEAL) 01059569-1\10422-159 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: October 23, 2014, and for which the charge is $30.45. P,4 Subscribed to before me, a otary Public in and for Dubuque County, Iowa, this 42,20 day of , 20 /LA Notary Public in and for Dubuque County, Iowa. o MARV WESTERMEYE Commission Number 154885 My Comm,Exp, FEB, 1, 2017 CITY OF' DUBUQUE, j IOWA` OFFICIAL NOTICE I NOTICE OF MEETING OF THE CITY COUN- I CIL OF THE CITY OF DUBUQUE, STATE OF � IOWA, ON THE MAT- l TER OF THE PRO- POSED AUTHORIZA TION OF 'A LOAN AGREEMENT - AND THE; ISSUANCE OF NOT TO EXCEED $500,000`GENERAL;