Resolutions-2017-014

MINUTES FOR HEARINGS ON LOAN AGREEMENTS AND TO AUTHORIZE PRELEVY 436989-19 Tiffin, Iowa March 7, 2017 The City Council of the City of Tiffin, Iowa, met on March 7, 2017, at 7:00 p.m., at the City Hall Council Chambers, Tiffin, Iowa. The meeting was called to order by the Mayor, and the roll being called, the following named Council Members were present and absent: Present: Havens, Ryan, Kahler, Upton, Bartels. Absent: None. This being the time and place specified for taking action on the proposal to enter into an Essential Purpose Loan Agreement in a principal amount not to exceed $5,100,000, the City Clerk announced that no written objections had been placed on file. Whereupon, the Mayor called for any written or oral objections, and there being none, the Mayor closed the public hearing. This also being the time and place specified for taking action on the proposal to enter into a City Hall Loan Agreement in a principal amount not to exceed $150,000, the City Clerk announced that no petition had been filed asking that the question of entering into the loan agreement be submitted to the registered voters of the City, and that the City Council may proceed with the authorization of the loan agreement. Whereupon, the Mayor called for any written or oral objections, and there being none, the Mayor closed the public hearing. After due consideration and discussion, Council Member Havens introduced the resolution next hereinafter set out and moved its adoption, seconded by Council Member Ryan The Mayor put the question upon the adoption of said resolution, and the roll being called, the following Council Members voted: Ayes: Havens, Ryan, Kahler, Upton, Bartels Nays: None. Whereupon, the Mayor declared the resolution duly adopted as hereinafter set out.