Public Hearing – Entering into Loan Agreement

The City Council of the City of Waukon, Iowa, will meet on September 6, 2022, at 7 o’clock p.m., at the council chambers, 101 Allamakee St., Waukon, Iowa, for the purpose of instituting proceedings and taking action on the proposal to enter into an amended loan and disbursement agreement (the “Agreement”) and to borrow money thereunder in a principal amount not to exceed $1,050,000, for the purpose of paying the cost, to that extent, of (1) current refunding the City’s outstanding Sewer Revenue Bond, SRF Series 2021, dated May 21, 2021; and (2) undertaking the construction of a certain water resource restoration project.