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Ordinance 2021-19 UNITED CITY OF YORKVILLE KENDALL COUNTY, ILLINOIS ORDINANCE NO. 2021-19 AN ORDINANCE calling a public hearing concerning the intent of the City Council of the United City of Yorkville, Kendall County, Illinois,to sell not to exceed $1,050,000 General Obligation Alternate Revenue Bonds Adopted by the City Council on the 26th day of October,2021 ORDINANCE NO.2021-19 ORDINANCE calling a public hearing concerning the intent of the City Council of the United City of Yorkville, Kendall County, Illinois, to sell not to exceed $1,050,000 General Obligation Alternate Revenue Bonds. WHEREAS, the United City of Yorkville, Kendall County, Illinois (the "City"), is a duly organized and existing municipality incorporated and existing under the provisions of the laws of the State of Illinois, and is now operating under the provisions of Illinois Municipal Code, as amended, and all laws amendatory thereof and supplementary thereto, including the Local Government Debt Reform Act of the State of Illinois, as amended(the "Debt Reform Act"); and WHEREAS, the City Council of the City (the "City Council") intends to sell bonds in the amount of not to exceed $1,050,000 (the "Bonds") for the purpose of providing funds for(i) the renovation of the new Yorkville City Hall and Police Station at 651 Prairie Pointe Drive; (ii) the acquisition and/or renovation of additional existing buildings located within the City for municipal purposes; and (iii) other capital infrastructure projects within the City including water, sewer and road construction and repairs; and WHEREAS, the Bond Issue Notification Act of the State of Illinois, as amended, requires the City Council to hold a public hearing concerning the City Council's intent to sell the Bonds before adopting an ordinance providing for the sale of the Bonds: Now, THEREFORE, Be It and It Is Hereby Ordained by the City Council of the United City of Yorkville, Kendall County, Illinois, as follows: 1. Incorporation of Preambles. The City Council hereby finds that all of the recitals contained in the preambles to this Ordinance are full, true and correct and does incorporate them into this Ordinance by reference. 2. Public Hearing. The City Council hereby calls a public hearing to be held at 7:00 o'clock P.M. on the 9th day of November, 2021, in the City Hall, 800 Game Farm Road, Yorkville, Illinois, concerning the City Council's intent to sell the Bonds and to receive public comments regarding the proposal to sell the Bonds (the "Hearing"). 3. Notice. The City Clerk (the "City Clerk") shall (i)publish notice of the Hearing at least once in the Beacon-News,the same being a newspaper of general circulation in the City, not less than seven (7) nor more than thirty (30) days before the date of the Hearing and (ii)post at least 48 hours before the Hearing a copy of said notice at the principal office of the City Council. 4. Form of Notice. Notice of the Hearing shall appear above the name of the City Clerk and shall be in substantially the following form: -2- NOTICE OF PUBLIC HEARING CONCERNING THE INTENT OF THE UNITED CITY OF YORKVILLE,KENDALL COUNTY,ILLINOIS TO SELL NOT TO EXCEED$1,050,000,000 GENERAL OBLIGATION ALTERNATE REVENUE BONDS PUBLIC NOTICE IS HEREBY GIVEN that the United City of Yorkville, KendallCounty, Illinois (the "City"), will hold a public hearing on the 9th day of November, 2021, at 7:00 o'clock P.M. The hearing will be held in the City Hall, 800 Game Farm Road, Yorkville, Illinois. The purpose of the hearing will be to receive public comments on the proposal to sell general obligation alternate revenue bonds of the City in the amount of not to exceed $1,050,000 for the purpose of providing funds for (i) the renovation of the new Yorkville City Hall and Police Station at 651 Prairie Pointe Drive; (ii) the acquisition and/or renovation of additional existing buildings located within the City for municipal purposes; and (iii) other capital infrastructure projects within the City including water, sewer and road construction and repairs. In accordance with Public Act 101-0640 and Gubernatorial Disaster Proclamation issued by Governor Pritzker pursuant to the powers vested in the Governor under the Illinois Emergency Management Agency Act, the City is encouraging social distancing by allowing remote attendance to the public hearing. Public comments on such proposal may be emailed to ibehland@yorkville.il.us. The City publishes a remote participation meeting link for every City meeting at https://www.yorkville.il.us/520/Agendas-Minutes-Packets. Each meeting generally has a phone number for audio call-in, or a video meeting link. Residents who attend the meeting via phone or computer through the methods above, may speak during the public hearing. By order of the City Council of the United City of Yorkville, Kendall County, Illinois. DATED the 26th day of October, 2021. Joni Behland City Clerk United City of Yorkville, Kendall County, Illinois Note to Publisher: Please be certain that this notice appears above the name of the City Clerk. -3- 5. Hearing Requirements. At the Hearing, the City Council shall explain the reasons for the proposed bond issue and permit persons desiring to be heard an opportunity to present written or oral testimony within reasonable time limits. The City Council shall not adopt an ordinance selling the Bonds for a period of seven (7) days after the final adjournment of the Hearing. 6. Severability. If any section, paragraph, clause or provision of this Ordinance shall be held to be invalid or unenforceable for any reason, the invalidity or unenforceability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this Ordinance. (This space is intentionally blank) -4- 7. Repeal. All Ordinances and parts thereof in conflict herewith be and the same are hereby repealed, and this Ordinance shall be in full force and effect forthwith upon its adoption. ADOPTED by the City Council on the 26th day of October, 2021, pursuant to a roll call vote as follows: �/ DANIEL V.TRANSIER Al E KEN KOCH A 1 E MATT MAREK Al E ARDEN JOE PLOCHER A y G CHRIS FUNKHOUSER A •iI E SEAVER TARULIS A T JASON PETERSON A'I E APPROVED by me, as Mayor of the United City of Yorkville, Kendall County, Illinois, the 26th day of October, 2021. AYOR PASSED by the City Council of the United City of Yorkville, Kendall County, Illinois,the 26th day of October, 2021. CO lI CITY CLERK -5-