09.03.2026 City Council Agenda & Packet

9/3/2026 10:58 AM 136 North Monroe Street Waterloo, WI 53594 Phone: (920) 478-3025 Fax: (920) 478-2021 www.waterloowi.us _________________________________________________________________________________________________ CITY OF WATERLOO COUNCIL AGENDA COUNCIL CHAMBER OF THE MUNICIPAL BUILDING – 136 N. MONROE STREET Thursday, September 3, 2026 – 7:00 p.m. Pursuant to Section 19.84 Wisconsin Statutes, notice is hereby given to the public and news media, that a public meeting will be held to consider the following: 1.) CALL TO ORDER, PLEDGE OF ALLEGIANCE & ROLL CALL 2.) MEETING MINUTES APPROVAL: August 20, 2026 3.) CITIZEN INPUT / PUBLIC COMMENT (3-Minute time limit) 4.) MEETING SUMMARIES (since last Council meeting) a. 08/24/2026 Fire/EMS b. 08/25/2026 Plan Commission c. 08/24/2026 Library Board d. 09/01/2026 Water & Light e. 09/03/2026 Public Safety f. 09/03/2026 Public Works – Cancelled 5.) NEW BUSINESS a. Resolution 2026-47 Opposing Proposed BECI 765 Kilo Transmission Line b. Resolution 2026-49 Approve Purchase of E-ONE Aluminum Typhoon HP75 Aerial Ladder 6.) RECOMMENDATIONS OF BOARDS, COMMITTEES, and COMMISSIONS a. PLAN COMMISSION i. Resolution #2026-22 Abandonment of a portion of Public Right-of-Way between 318 E. Polk St to 255 Jefferson Street. ii. Highland Terrace Preliminary Plat Approval iii. Resolution #2026-46 Execution of Road-to-Road Deeded Acceptance and Municipal Services Payment Agreement with MV21, LLC b. PUBLIC SAFETY i. Application for Special Event for Waterloo High School Homecoming Parade c. WATER & LIGHT i. Resolution to approve Amendment No. 3 to Long Term Power Supply Contract for Participating Members 7.) FUTURE AGENDA ITEMS AND ANNOUNCEMENTS a. Resolution 2026-44 Infrastructure Reserve Account b. Resolution 2026-45 Excess General Fund Transfer c. Ordinance 2026-09 Amending Section 53-12 C (1) d. Next Meeting September 17, 2026, at 7:00 pm City Council Chambers, 136 N. Monroe Steet, Waterloo, WI, 53594 8.) ADJOURNMENT Denise Knutson Interim City Clerk Posted & Emailed: 09/01/2026 PLEASE NOTE: It is possible that members of and possibly a quorum of members of other governmental bodies of the municipality may be in attendance at the above meeting(s) to gather information. No action will be taken by any governmental body other than that specifically noted. Also, upon reasonable notice, efforts will be made to accommodate the needs of disabled individuals through appropriate aids and services. For additional information or to request such services please contact the clerk’s office at the above location CITY OF WATERLOO COMMON COUNCIL - MEETING MINUTES: August 20, 2026 [a digital recording of this meeting also serves as the official record] 1. CALL TO ORDER, PLEDGE OF ALLEGIANCE & ROLL CALL: Council President Kuhl called the meeting to order at 7:00 p.m. Alderpersons present: S. Cummings, C. Kuhl, J. Zimmermann, T. Thomas, R. Weihert, and J. Haseleu. Absent: DJ Dorn. Others attending in-person: Police Chief Warner, Park Coordinator Haberkorn, DPW Director Yerges, Utility Supervisor Sorensen, Fire Chief Butzine, and WLOO Videographers. The Pledge of Allegiance was recited. 2. MEETING MINUTES APPROVAL: August 6, 2026. MOTION: Motion by Cummings to approve meeting minutes, seconded by Zimmerman. VOICE VOTE: Motion Carried 6-0. 3. CITIZEN INPUT / PUBLIC COMMENT (3-Minute time limit): None. 4. MEETING SUMMARIES (since last Council meeting) a. 08/04/2026 Water & Light b. 08/12/2026, 8/17/2026, 8/18/2026 Special Finance – Budget c. 08/13/2026 Cable Board d. 08/18/2026 CDA – Cancelled 5. CONSENT AGENDA ITEMS a. Reports of City Officials & Contract Service Providers i. Parks ii. Fire & Emergency Medical Services iii. Building Inspections iv. Public Works v. Police vi. Library Board vii. Water & Light Utility Commission viii. Watertown Humane Society ix. Cable TV 6. RECOMMENDATIONS OF BOARDS, COMMITTEES, AND COMMISSIONS a. Finance, Insurance, and Personnel i. June 2026 Financial Statements: Payroll $__________, General Disbursements $____________, and Clerk/Treasurer’s Reports [see on Municipal website]: Kuhl explained with the recent resignations at City Hall that these items were not done in a timely manner for the meeting. Discussion. MOTION: Motion by Weihert to defer to the following meeting, seconded by Haseleu. VOICE VOTE: Motion Carried 3-0. ii. Resolution 2026-43 Authorizing to act on behalf of the City of Waterloo: Kuhl spoke on the need to have the Mayor and City Clerk to have access to the Credit Card account and the need of a resolution for the credit card company. Discussion. MOTION: Motion by Cummings to approve Resolution 2026-43 Authorizing the Mayor and City Clerk to act on behalf of the City of Waterloo, seconded by Weihert. VOICE VOTE: Motion Carried 6-0. b. Parks i. Resolution 2026-41 Rescind Resolution 2013-50 Loan of Artwork: Kuhl spoke on artwork at the Waterloo Regional Trailhead. Thomas thanked the Ellis-Cotting Family for the loan of artwork and spoke against rescinding the motion. Haberkorn made a statement regarding the artwork and that the decision to remove the artwork was not the Parks Department. Discussion. MOTION: Motion by Cummings to approve Resolution 2026-41 to Rescind Resolution 2013-50 Loan of Artwork, seconded by Zimmermann. VOICE VOTE: Motion Carried 5-1. c. Public Works i. RFP Approval for Waste Management: Kuhl spoke on the need for a new contract for Garbage/Recycling removal for the City of Waterloo. Discussion. MOTION: Motion by Cummings to approve the RFP for Waste Management, seconded by Weihert. VOICE VOTE: Motion Carried 6-0. d. Waterloo Water & Light i. Portzen Pay #35: Discussion. MOTION: Motion by Cummings to approve Portzen Pay #35, seconded by Weihert. ROLL CALL: Motion Carried 6-0. 7. FUTURE AGENDA ITEMS AND ANNOUNCEMENTS: Chief Warner thanked everyone for the great turnout and support at Fill the Squad. Zimmerman spoke that Wiener & Kraut Day is upon us and the need for more volunteers. 8. ADJOURNMENT: MOTION: Motion by Cummings to adjourn, seconded by Zimmerman. VOICE VOTE:Motion Carried 6- 0. 7:20 pm Attest: Charlie Kuhl, Council President 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 www.waterloowi.us ____________________________________________________________________________________ RESOLUTION #2026-47 A RESOLUTION OF THE CITY OF WATERLOO, WISCONSIN, OPPOSING THE PROPOSED 765-KILOVOLT (kV) BECI TRANSMISSION LINE PROJECT DEVELOPED BY MIDCONTINENT GRID SOLUTIONS The Common Council of the City of Waterloo, Wisconsin, does hereby ordain as follows: WHEREAS, Midcontinent Grid Solutions has proposed the construction and operation of a high-voltage 765-kilovolt (kV) transmission line project, known as the BECI Transmission Line Project, which is intended to pass through or near the municipal boundaries of the City of Waterloo, Wisconsin; and WHEREAS, the City Council of the City of Waterloo is dedicated to protecting the health, safety, welfare, property values, and unique rural and historic character of the Waterloo community and its residents; and WHEREAS, a 765-kV transmission line represents an unprecedented scale of electrical infrastructure that requires massive rights-of-way, towering support structures, and significant land clearance, which would permanently scar the local landscape and disrupt the scenic beauty of southern Wisconsin; and WHEREAS, the proposed corridor threatens to encroach upon prime agricultural lands, actively farmed properties, environmentally sensitive wetlands, and local wildlife habitats, thereby jeopardizing the multi-generational agricultural economy and ecological balance of the Waterloo area; and WHEREAS, residents have expressed valid and profound concerns regarding the potential long-term impacts of high- voltage electromagnetic fields (EMFs), audible corona noise, and electrical interference on human health, livestock, and daily quality of life; and WHEREAS, the construction of this massive transmission infrastructure risks a deprecation of residential property values, a restriction on future municipal zoning and smart growth development, and a lack of direct, tangible economic benefits to the ratepayers and citizens of Waterloo; and WHEREAS, the City Council believes that alternative energy solutions, localized grid modernization, and less invasive routing options have not been fully or transparently explored by Midcontinent Grid Solutions or regional grid operators. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Waterloo, Wisconsin, gives formal opposition. PASSES AND ADOPTED this _____ day of ______ 2026 City of Waterloo Signed: ______________________________________ Jenifer Quimby, Mayor Attest: _________________________________ Charles Kuhl, Council President Sponsor(s): None State Senator Melissa Ratcliff (She/Her/Hers) Sen.Ratcliff@legis.wisconsin.gov 608-266-9170 IMPORTANT UPDATE Over the past few weeks our office has received numerous contacts from constituents regarding the proposed BECI Project which is a 190-mile 765kv transmission line spanning from western Wisconsin to south eastern Wisconsin. Many community members have expressed their concerns and opposition regarding the proposed transmission line. Like many others in our community, my office and I were not notified of this project until recently. Since it was brought to our attention, my team has been working hard to gather information about the project, its timeline, its impacts, and other inquiries on how this proposed project will impact the 16th Senate District. I want to make it clear that my priorities remain with my constituents and our community. Midcontinental Grid Solutions (MGS), the developer of this project, is accepting public comment until September 7th, at which point they will review the feedback received and may change and condense the proposed routes based on the comments submitted. It is critical that you formally submit your concerns and criticisms, as this will help shape the future of the project. I am encouraging all of those I serve to do this. You can submit your comments to the email provided below: Connect@MGSWisconsin.com. After MGS proposes new routes in late fall/early winter, they will reopen public comment on the new proposed routes to repeat the process and allow for additional public input. Subsequently, MGS is expected to formally submit its application in the early months of 2027. Once submitted, the project's future will be placed in the hands of the PSC, which will review the application, as the Wisconsin State Legislature does not have jurisdiction over the approval and oversight of projects like this. However, it is very important to provide input to MGS about your concerns now, as we want MGS to fully understand the impact this project could have on our Senate District and the residents who reside in it. My office continues to stay engaged on this issue and is gathering more information as it becomes available to us. 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 www.waterloowi.us ____________________________________________________________________________________ RESOLUTION #2026-49 RESOLUTION AUTHORIZING THE PURCHASE AND FINANCING OF E-ONE HP75 AERIAL LADDER TRUCK FROM FIRE SERVICE, INC. / LEASING 2 The Common Council of the City of Waterloo, Wisconsin, does hereby ordain as follows: WHEREAS, the City of Waterloo, Wisconsin (the “City”), has determined that the purchase of certain equipment from Fire Service, Inc. is necessary and in the best interests of the City and its residents; and WHEREAS, Fire Service, Inc. / Leasing 2 has provided the City with a contract proposal providing for the purchase of the equipment and financing of the purchase pursuant to the terms contained in the proposal; and WHEREAS, the quoted financing provides for a loan/note in the principal amount of $1,387,326, with the loan/note coming due in 2027; and WHEREAS, the City intends that the loan/note due in 2027 be refinanced or paid through the issuance of municipal debt, with the debt proceeds potentially being combined with financing for other authorized capital improvement and capital expenditure projects of the City; and WHEREAS, the Common Council has determined that proceeding with the purchase and financing described in the Fire Service, Inc. / Leasing 2 contract proposal is in the best interests of the City and is consistent with the City's capital planning and financial objectives; and WHEREAS, the City intends to comply with all applicable Wisconsin statutes, municipal debt requirements, and other applicable laws and regulations in connection with the financing and any subsequent municipal debt issuance. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Waterloo, Wisconsin, as follows: 1. AUTHORIZATION TO PURCHASE: The City of Waterloo is hereby authorized to proceed with the purchase of the equipment identified in the Fire Service, Inc. / Leasing 2 contract proposal, subject to the terms and conditions contained therein. 2. AUTHORIZATION OF FINANCING: The City is authorized to enter into the financing arrangement with Fire Service, Inc. / Leasing 2 in an amount not to exceed $1,473,228.10, together with any applicable interest, fees, costs, or other charges authorized under the contract proposal. 3. 2027 LOAN/NOTE MATURITY: The Common Council acknowledges that the loan/note associated with the financing is due in 2027 and authorizes the City to address such obligation through the issuance of municipal debt or other lawful financing. 4. MUNICIPAL DEBT PROCEEDS: The City may use proceeds from municipal debt issued in 2027 to pay, refinance, or otherwise satisfy the loan/note obligation. Such municipal debt proceeds may be issued for this obligation in conjunction with debt financing for other authorized capital expenditures or capital improvement projects of the City, as determined by the Common Council. 5. AUTHORITY TO EXECUTE DOCUMENTS: The Mayor, City Clerk-Treasurer, and other appropriate City officials are hereby authorized and directed to execute such contracts, financing agreements, notes, certificates, resolutions, and other documents as may be necessary or appropriate to carry out the purposes of this Resolution, subject to applicable law and the approved terms of the financing. 6. BUDGET AND ACCOUNTING: The City Treasurer/Deputy Clerk is authorized to make such budgetary and accounting entries as are necessary to properly record the purchase, financing obligation, and subsequent payment or refinancing of the loan/note in accordance with generally accepted governmental accounting practices and applicable law. 7. EFFECTIVE DATE This Resolution shall take effect immediately upon adoption. PASSES AND ADOPTED this _____ day of ______ 2026 City of Waterloo Signed: ______________________________________ Jenifer Quimby, Mayor Attest: _________________________________ Charles Kuhl, Council President Sponsor(s): Finance, Insurance, & Personnel MEMORANDUM TO: Mayor Jeni Quimby; Common Council President Charlie Kuhl FROM: Casey Griffiths, Associate Municipal Advisor, Ehlers DATE: September 2, 2026 SUBJECT: Fire Truck Lease and Borrowing I was requested to review the financing options for a fire ladder truck that the City is considering leasing. To make these lease payments, the City would need to borrow funds to make payments. The proposed annual lease payments of $238,577 (7-year lease), $178,728 (10-year lease) or $156,140 (12-year lease), would likely unduly burden the City’s operational tax levy, due to state imposed levy limit restrictions. I have spoken to the City’s bond attorney, Quarles & Brady, regarding the City’s ability to borrow to make lease payments. The City can prepay lease payments with tax-exempt general obligation debt. The City can lease the truck and given that the lease allows prepayments, the City could “refund” or prepay the lease in full using tax-exempt borrowing. The City does need to borrow the money before the lease payment is due. To comply with the requirements of issuing debt with lease payment, the City would issue debt for this project, along with other projects in its capital improvement plan in the spring of 2027. Using the debt funds received, the City would prepay the lease in September 2027. The City would add the 2027 debt service payment to the 2027 tax levy/ 2028 budget. The City has discussed the prepayment at the first lease payment with the leasing agent. They have provided a payoff amount of $1,473,228, at an interest rate of 6.19% to be paid on 9/20/27. The alternative to the lease option is that the City will need to purchase a ladder truck, likely in 2029, which it will need to issue debt to purchase. The estimated amount for a truck is $2 million to $2.5 million. The total cost of $1,473,228 which is being financed with tax exempt debt, is a lower borrowing amount than borrowing for a truck in 2029. The fire truck lease prepayment cost has been included in the City’s debt financing plan. Table 1 Existing G.O. Debt Base Case City of Waterloo, WI Annual Taxes Year Less: Less: Tax Rate $300,000 Year Ending Water TID 3 Per $1,000 Home Ending 2026 711,667 (61,803) (121,355) 528,509 388,929,400 $1.36 $407.66 2026 2027 711,818 (60,208) (119,655) 531,955 401,545,100 $1.32 $397.43 2027 2028 696,172 (58,637) (122,818) 514,718 414,415,345 $1.24 $372.61 2028 2029 650,346 (57,018) (120,815) 472,513 427,698,104 $1.10 $331.43 2029 2030 593,403 (60,423) (123,641) 409,339 441,406,599 $0.93 $278.21 2030 2031 541,388 (58,669) (126,225) 356,495 455,554,477 $0.78 $234.77 2031 2032 578,889 (61,919) (143,365) 373,605 470,155,820 $0.79 $238.39 2032 2033 309,176 0 (149,953) 159,224 485,225,161 $0.33 $98.44 2033 2034 317,897 0 (156,105) 161,792 500,777,503 $0.32 $96.92 2034 2035 330,669 0 (161,860) 168,809 516,828,325 $0.33 $97.99 2035 2036 157,285 0 (157,285) 0 533,393,605 $0.00 $0.00 2036 2037 157,480 0 (157,480) 0 550,489,832 $0.00 $0.00 2037 2038 0 0 0 0 568,134,024 $0.00 $0.00 2038 Total 5,044,523 (356,873) (1,539,201) 3,148,449 Total Notes: Legend: Represents +/- 25% Change over previous year Total G.O. Debt Payments Net Tax Levy Equalized Value (TID OUT) Existing Debt Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 2 Capital Improvement Plan & Funding Uses City of Waterloo, WI Projects Purpose/Dept. Plan Issue Funding 2027 2028 2029 2030 2031 2032 2033 Totals Brush Truck Puchase Fire 2028 G.O. Notes G.O. Debt 200,000 200,000 Engine 68 (2005) Fire 2031 G.O. Notes G.O. Debt 1,500,000 1,500,000 Ladder 73 (2001) Fire 2027 G.O. Notes G.O. Debt 1,473,228 1,473,228 Tender 95 1987/1998 Fire 2028 G.O. Notes G.O. Debt 600,000 600,000 Radios Fire 2028 G.O. Notes G.O. Debt 350,000 350,000 Commercial Vehicle Replacement Fire 2027 G.O. Notes G.O. Debt 80,000 80,000 Training Center Upgrade Fire None Funds on Hand 35,000 35,000 Floors Fire 2028 G.O. Notes G.O. Debt 90,000 90,000 SCBA (Grant pending results 8/26) Fire 2027 G.O. Notes G.O. Debt 330,000 330,000 Lucas Systems replacement Fire None Funds on Hand 60,000 60,000 WiFi and Equipment (WiFi installed 2017) Library None Funds on Hand 5,000 5,000 Outdoor Sign Software Library None Funds on Hand 3,000 3,000 Parking Lot Maintenance Library None Funds on Hand 6,500 6,500 Replace Community Room Metal Door Library None Funds on Hand 5,000 5,000 Security System Library None Funds on Hand 5,000 5,000 Server (last replaced 2022) Library None Funds on Hand 12,000 12,000 Flat Roof Replacement (last done 2015) Library None Funds on Hand 30,000 30,000 Painting Inside Building Library None Funds on Hand 5,000 5,000 Gutters Library None Funds on Hand 10,000 10,000 Meeting Room Kitchen Counter Library None Funds on Hand 5,000 5,000 Main Entrance Doors Repl Library None Funds on Hand 20,000 20,000 Masonry Work Library None Funds on Hand 3,500 3,500 Computers Library None Funds on Hand 1,000 2,400 2,400 2,400 2,400 10,600 Upper Pavillion Ceiling Parks None Intergovernmental Aids 150,000 150,000 Lower Pavilion Services Counter Parks None Intergovernmental Aids 35,000 35,000 Carousel Fence Parks None Intergovernmental Aids 21,000 21,000 Carousel Maintenance Parks None Intergovernmental Aids 90,000 90,000 Lower Pavilion Ceiling Parks None Intergovernmental Aids 62,400 62,400 Outer Building Siding Parks None Intergovernmental Aids 40,000 40,000 Carousel Painting Parks None Intergovernmental Aids 35,000 35,000 Basketball/Pickleball Court Renovation Parks None Intergovernmental Aids 125,000 125,000 Disc Golf Course Update Parks None Intergovernmental Aids 25,000 25,000 Pavilion New Siding Parks None Intergovernmental Aids 111,839 111,839 Pavilion New Siding Parks 2028 G.O. Notes G.O. Debt 13,161 13,161 Gator B Parks 2028 G.O. Notes G.O. Debt 20,000 20,000 Stadium Steps/Seating Parks None Intergovernmental Aids 437,782 437,782 Stadium Steps/Seating Parks 2031 G.O. Notes G.O. Debt 412,218 412,218 Firemens Park Lower Parking Lot Parks 2031 G.O. Notes G.O. Debt 100,000 100,000 Park Maintenance Parks None Intergovernmental Aids 50,000 50,000 Field A-3rd Base Fence Parks None Intergovernmental Aids 10,000 10,000 Morrison Soccer Street Parks 2028 G.O. Notes G.O. Debt 96,524 96,524 Carousel Roof Parks 2028 G.O. Notes G.O. Debt 90,000 90,000 Kitchen Renovation Parks None Intergovernmental Aids 60,000 60,000 Tasers Police None Tax Levy 1,600 1,600 Squad Radar Police None Tax Levy 1,500 1,500 3,000 Body Wearable Camera Police None Intergovernmental Aids 80,000 80,000 Squad Car Police 2028 G.O. Notes G.O. Debt 70,000 70,000 Squad Car Police 2028 G.O. Notes G.O. Debt 70,000 70,000 Squad Car Police 2027 G.O. Notes G.O. Debt 70,000 70,000 Badge update replace Police None Funds on Hand 7,000 7,000 Squad Trunk Storage Police None Funds on Hand 6,000 6,000 Chevy Pick Up Truck Public Works None Intergovernmental Aids 55,000 55,000 Dump Freightlinter Truck #5 Public Works None Intergovernmental Aids 225,000 225,000 Dump Freightlinter Truck #2 Public Works None Intergovernmental Aids 225,000 225,000 Dump Freightlinter Truck #7 Public Works 2027 G.O. Notes G.O. Debt 250,000 250,000 John Deere End Loader Tractor Public Works None Intergovernmental Aids 260,182 260,182 John Deere End Loader Tractor Public Works 2028 G.O. Notes G.O. Debt 159,990 159,990 John Deere 2555 Tractor Public Works 2028 G.O. Notes G.O. Debt 80,000 80,000 Elgin Street Sweeper Public Works 2028 G.O. Notes G.O. Debt 67,057 67,057 Elgin Street Sweeper Public Works None Intergovernmental Aids 307,943 307,943 Roller Wacker Unit Public Works None Intergovernmental Aids 8,000 8,000 Scag Mower/Turf Tiger Public Works None Intergovernmental Aids 14,000 14,000 Hickory-Maple $194,623 Public Works 2028 G.O. Notes G.O. Debt 75,841 75,841 Hickory-Maple Public Works None Intergovernmental Aids 118,782 118,782 State Highway 89 $605,059 Public Works 2028 G.O. Notes G.O. Debt 281,990 281,990 State Highway 89 Public Works None Intergovernmental Aids 276,069 276,069 State Highway 89 Public Works None Wheel Tax 47,000 47,000 Maple $419,430 * Need to Hwy 19 Public Works 2028 G.O. Notes G.O. Debt 96,361 96,361 Maple Public Works None Intergovernmental Aids 276,069 276,069 Maple Public Works None Wheel Tax 47,000 47,000 Van Buren (S)-Fulll Length ($1,312,795) Public Works 2027 G.O. Notes G.O. Debt 542,728 542,728 Van Buren (S) - Milw Ave to Dead End Public Works None Intergovernmental Aids 276,069 276,069 Van Buren (S) - Milw Ave to Dead End Public Works None Wheel Tax 94,000 94,000 Van Buren (S) - Milw Ave to Dead End Public Works None Intergovernmental Aids 400,000 400,000 Hwy 19 (Kwik Trip to Main St) $1,817,200 Public Works 2031 G.O. Notes G.O. Debt 1,144,827 1,144,827 Hwy 19 (Kwik Trip to Main St) Public Works None Intergovernmental Aids 290,591 290,591 Hwy 19 (Kwik Trip to Main St) Public Works None Intergovernmental Aids 287,782 287,782 Hwy 19 (Kwik Trip to Main St) Public Works None Wheel Tax 94,000 94,000 Actual CIP Costs 3,837,525 1,594,483 1,675,453 1,165,572 1,757,400 1,135,000 1,967,200 13,132,633 Percent Inflation 0% 0% 0% 0% 0% 0% 0% Inflated Project Costs 3,837,525 1,594,483 1,675,453 1,165,572 1,757,400 1,135,000 1,967,200 13,132,633 Sources of Funding G.O. Debt 2,745,956 1,051,675 842,202 467,047 1,600,000 412,218 1,144,827 8,263,925 Intergovernmental Aids 975,069 461,908 757,251 628,125 140,000 662,782 728,373 4,353,508 Wheel Tax 94,000 47,000 47,000 0 0 0 94,000 282,000 Tax Levy 0 1,500 3,100 0 0 0 0 4,600 Funds on Hand 22,500 32,400 25,900 70,400 17,400 60,000 0 228,600 Total 3,837,525 1,594,483 1,675,453 1,165,572 1,757,400 1,135,000 1,967,200 13,132,633 Debt Obligations 2027 G.O. Notes 2,745,956 0 0 0 0 0 0 2,745,956 2028 G.O. Notes 0 1,051,675 842,202 467,047 0 0 0 2,360,924 2031 G.O. Notes 0 0 0 0 1,600,000 412,218 1,144,827 3,157,045 None 1,091,569 542,808 833,251 698,525 157,400 722,782 822,373 4,868,708 Total 3,837,525 1,594,483 1,675,453 1,165,572 1,757,400 1,135,000 1,967,200 13,132,633 G.O. Debt Funding By Departments Fire 1,883,228 640,000 600,000 0 1,500,000 0 0 4,623,228 Parks 0 129,685 0 90,000 100,000 412,218 0 731,903 Police 70,000 0 70,000 70,000 0 0 0 210,000 Public Works 792,728 281,990 172,202 307,047 0 0 1,144,827 2,698,794 Total 2,745,956 1,051,675 842,202 467,047 1,600,000 412,218 1,144,827 8,263,925 Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 3 Capital Improvements Financing Plan City of Waterloo, WI 2027 2028 2031 G.O. Notes Fire Portion Public Works Portion Police Portion G.O. Notes Fire Portion Parks Portion Public Works Portion Poice Portion G.O. Notes Fire Portion Parks Portion Public Works Portion CIP Projects1 Capital Projects 2,745,956 1,883,228 792,728 70,000 2,360,924 1,240,000 219,685 761,239 140,000 3,157,045 1,500,000 512,218 1,144,827 Subtotal Project Costs 2,745,956 1,883,228 792,728 70,000 2,360,924 1,240,000 219,685 761,239 140,000 3,157,045 1,500,000 512,218 1,144,827 CIP Projects1 2,745,956 1,883,228 792,728 70,000 2,360,924 1,240,000 219,685 761,239 140,000 3,157,045 1,500,000 512,218 1,144,827 Estimated Issuance Expenses 123,771 84,847 35,644 3,280 117,243 61,378 11,029 37,882 6,953 131,313 62,318 21,245 47,750 Municipal Advisor (Ehlers) 32,446 22,242 9,344 860 30,730 16,088 2,891 9,929 1,822 34,800 16,515 5,630 12,655 Bond Counsel 22,000 15,081 6,336 583 22,000 11,517 2,070 7,108 1,305 22,000 10,441 3,559 8,000 Disclosure Counsel 17,600 12,065 5,069 466 17,600 9,214 1,656 5,687 1,044 17,600 8,353 2,847 6,400 Rating Fee 15,500 10,625 4,464 411 15,500 8,115 1,458 5,008 919 15,500 7,356 2,508 5,636 Maximum Underwriter's Discount 12.50 35,375 24,250 10,188 938 12.50 30,563 16,000 2,875 9,875 1,813 12.50 40,563 19,250 6,563 14,750 Paying Agent 850 583 245 23 850 445 80 275 50 850 403 138 309 Subtotal Issuance Expenses 123,771 84,847 35,644 3,280 117,243 61,378 11,029 37,882 6,953 131,313 62,318 21,245 47,750 TOTAL TO BE FINANCED 2,869,727 1,968,075 828,372 73,280 2,478,167 1,301,378 230,714 799,121 146,953 3,288,358 1,562,318 533,463 1,192,577 Estimated Interest Earnings 3.00% (41,189) (28,248) (11,891) (1,050) 3.00% (35,414) (18,600) (3,295) (11,419) (2,100) 3.00% (47,356) (22,500) (7,683) (17,172) Assumed spend down (months) 6.00 6.00 6.00 Rounding 1,462 174 (1,481) 2,770 2,247 (2,778) 2,581 2,298 147 3,998 182 (779) 4,595 NET ISSUE SIZE 2,830,000 1,940,000 815,000 75,000 2,445,000 1,280,000 230,000 790,000 145,000 3,245,000 1,540,000 525,000 1,180,000 Notes: 1) Project Total Estimates Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 4 Allocation of Debt Service - 2027 G.O. Notes City of Waterloo, WI Year Year Ending Principal Est. Rate1 Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Ending Principal (5/1) Interest Total 2028 20,000 3.32% 132,075 152,075 20,000 3.32% 50,883 70,883 10,000 3.32% 3,822 13,822 2028 50,000 186,779 236,779 2029 35,000 3.37% 84,477 119,477 30,000 3.37% 31,991 61,991 20,000 3.37% 1,913 21,913 2029 85,000 118,381 203,381 2030 90,000 3.46% 82,331 172,331 45,000 3.46% 30,707 75,707 20,000 3.46% 1,230 21,230 2030 155,000 114,268 269,268 2031 85,000 3.52% 79,278 164,278 65,000 3.52% 28,785 93,785 20,000 3.52% 532 20,532 2031 170,000 108,594 278,594 2032 20,000 3.60% 77,422 97,422 20,000 3.60% 27,281 47,281 5,000 3.60% 90 5,090 2032 45,000 104,792 149,792 2033 70,000 3.69% 75,770 145,770 60,000 3.69% 25,814 85,814 3.69% 0 2033 130,000 101,584 231,584 2034 65,000 3.74% 73,263 138,263 50,000 3.74% 23,772 73,772 3.74% 0 2034 115,000 97,035 212,035 2035 65,000 3.80% 70,813 135,813 55,000 3.80% 21,792 76,792 3.80% 0 2035 120,000 92,604 212,604 2036 100,000 3.95% 67,603 167,603 55,000 3.95% 19,660 74,660 3.95% 0 2036 155,000 87,263 242,263 2037 75,000 4.05% 64,109 139,109 55,000 4.05% 17,460 72,460 4.05% 0 2037 130,000 81,569 211,569 2038 80,000 4.15% 60,930 140,930 55,000 4.15% 15,205 70,205 4.15% 0 2038 135,000 76,135 211,135 2039 85,000 4.28% 57,451 142,451 55,000 4.28% 12,887 67,887 4.28% 0 2039 140,000 70,338 210,338 2040 95,000 4.60% 53,447 148,447 55,000 4.60% 10,445 65,445 4.60% 0 2040 150,000 63,892 213,892 2041 100,000 4.65% 48,937 148,937 55,000 4.65% 7,901 62,901 4.65% 0 2041 155,000 56,838 211,838 2042 105,000 4.70% 44,145 149,145 55,000 4.70% 5,330 60,330 4.70% 0 2042 160,000 49,475 209,475 2043 105,000 4.75% 39,183 144,183 85,000 4.75% 2,019 87,019 4.75% 0 2043 190,000 41,202 231,202 2044 180,000 4.82% 32,352 212,352 4.82% 0 0 4.82% 0 2044 180,000 32,352 212,352 2045 190,000 4.89% 23,368 213,368 4.89% 0 0 4.89% 0 2045 190,000 23,368 213,368 2046 200,000 4.96% 13,763 213,763 4.96% 0 0 4.96% 0 2046 200,000 13,763 213,763 2047 175,000 5.03% 4,401 179,401 5.03% 0 0 5.03% 0 2047 175,000 4,401 179,401 Total 1,940,000 1,185,114 3,125,114 815,000 331,930 1,146,930 75,000 7,587 82,587 Total 2,830,000 1,524,631 4,354,631 Notes: 1) Estimated Rate assumes A+ sale on 6/30/2026 +75 bps Fire Portion Public Works Portion Police Portion Totals Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 5 Allocation of Debt Service - 2028 G.O. Notes City of Waterloo, WI Year Year Ending Principal Est. Rate Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Ending Principal (5/1) Interest Total 2029 5,000 4.22% 102,727 107,727 5,000 4.22% 16,192 21,192 5,000 4.22% 65,129 70,129 20,000 4.22% 9,392 29,392 2029 35,000 193,441 228,441 2030 80,000 4.31% 64,648 144,648 10,000 4.31% 10,126 20,126 20,000 4.31% 41,596 61,596 30,000 4.31% 4,864 34,864 2030 140,000 121,234 261,234 2031 95,000 4.37% 60,848 155,848 55,000 4.37% 8,709 63,709 40,000 4.37% 40,291 80,291 35,000 4.37% 3,453 38,453 2031 225,000 113,300 338,300 2032 35,000 4.45% 57,993 92,993 20,000 4.45% 7,062 27,062 15,000 4.45% 39,083 54,083 40,000 4.45% 1,798 41,798 2032 110,000 105,937 215,937 2033 50,000 4.54% 56,080 106,080 30,000 4.54% 5,936 35,936 20,000 4.54% 38,296 58,296 20,000 4.54% 454 20,454 2033 120,000 100,765 220,765 2034 45,000 4.59% 53,912 98,912 25,000 4.59% 4,681 29,681 20,000 4.59% 37,383 57,383 4.59% 0 2034 90,000 95,976 185,976 2035 50,000 4.65% 51,717 101,717 15,000 4.65% 3,759 18,759 15,000 4.65% 36,575 51,575 4.65% 0 2035 80,000 92,050 172,050 2036 60,000 4.80% 49,114 109,114 25,000 4.80% 2,810 27,810 30,000 4.80% 35,506 65,506 4.80% 0 2036 115,000 87,430 202,430 2037 65,000 4.90% 46,082 111,082 40,000 4.90% 1,230 41,230 35,000 4.90% 33,929 68,929 4.90% 0 2037 140,000 81,240 221,240 2038 65,000 5.00% 42,864 107,864 5,000 5.00% 125 5,125 40,000 5.00% 32,071 72,071 5.00% 0 2038 110,000 75,060 185,060 2039 70,000 5.13% 39,444 109,444 5.13% 0 40,000 5.13% 30,045 70,045 5.13% 0 2039 110,000 69,489 179,489 2040 60,000 5.45% 36,013 96,013 5.45% 0 50,000 5.45% 27,657 77,657 5.45% 0 2040 110,000 63,670 173,670 2041 60,000 5.50% 32,728 92,728 5.50% 0 50,000 5.50% 24,919 74,919 5.50% 0 2041 110,000 57,647 167,647 2042 60,000 5.55% 29,413 89,413 5.55% 0 50,000 5.55% 22,157 72,157 5.55% 0 2042 110,000 51,570 161,570 2043 65,000 5.60% 25,928 90,928 5.60% 0 50,000 5.60% 19,369 69,369 5.60% 0 2043 115,000 45,297 160,297 2044 70,000 5.67% 22,124 92,124 5.67% 0 60,000 5.67% 16,268 76,268 5.67% 0 2044 130,000 38,392 168,392 2045 70,000 5.74% 18,130 88,130 5.74% 0 60,000 5.74% 12,845 72,845 5.74% 0 2045 130,000 30,975 160,975 2046 70,000 5.81% 14,088 84,088 5.81% 0 70,000 5.81% 9,090 79,090 5.81% 0 2046 140,000 23,177 163,177 2047 70,000 5.88% 9,996 79,996 5.88% 0 70,000 5.88% 4,998 74,998 5.88% 0 2047 140,000 14,994 154,994 2048 135,000 5.88% 3,969 138,969 5.88% 0 50,000 5.88% 1,470 51,470 5.88% 0 2048 185,000 5,439 190,439 Total 1,280,000 817,815 2,097,815 230,000 60,630 290,630 790,000 568,674 1,358,674 145,000 19,961 164,961 Total 2,445,000 1,467,079 3,912,079 Notes: 1) Estimated Rate assumes A+ sale on 6/30/2026 +85 bps TotalsFire Portion Parks Portion Public Works Portion Poice Portion Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 6 Allocation of Debt Service - 2031 G.O. Notes City of Waterloo, WI Year Year Ending Principal Est. Rate Interest Total Principal Est. Rate Interest Total Principal Est. Rate Interest Total Ending Principal (5/1) Interest Total 2032 0 4.42% 130,130 130,130 0 4.42% 44,604 44,604 0 4.42% 98,811 98,811 2032 0 273,545 273,545 2033 60,000 4.51% 82,904 142,904 30,000 4.51% 28,204 58,204 40,000 4.51% 63,077 103,077 2033 130,000 174,184 304,184 2034 40,000 4.57% 80,637 120,637 15,000 4.57% 27,184 42,184 55,000 4.57% 60,918 115,918 2034 110,000 168,739 278,739 2035 55,000 4.65% 78,444 133,444 15,000 4.65% 26,493 41,493 50,000 4.65% 58,499 108,499 2035 120,000 163,436 283,436 2036 60,000 4.74% 75,744 135,744 35,000 4.74% 25,315 60,315 60,000 4.74% 55,914 115,914 2036 155,000 156,972 311,972 2037 65,000 4.79% 72,765 137,765 20,000 4.79% 24,006 44,006 55,000 4.79% 53,175 108,175 2037 140,000 149,946 289,946 2038 70,000 4.85% 69,511 139,511 15,000 4.85% 23,163 38,163 55,000 4.85% 50,524 105,524 2038 140,000 143,198 283,198 2039 75,000 5.00% 65,938 140,938 15,000 5.00% 22,425 37,425 60,000 5.00% 47,690 107,690 2039 150,000 136,053 286,053 2040 80,000 5.10% 62,023 142,023 15,000 5.10% 21,667 36,667 60,000 5.10% 44,660 104,660 2040 155,000 128,350 283,350 2041 85,000 5.20% 57,773 142,773 20,000 5.20% 20,765 40,765 65,000 5.20% 41,440 106,440 2041 170,000 119,978 289,978 2042 80,000 5.33% 53,431 133,431 20,000 5.33% 19,712 39,712 65,000 5.33% 38,018 103,018 2042 165,000 111,160 276,160 2043 80,000 5.65% 49,039 129,039 20,000 5.65% 18,614 38,614 50,000 5.65% 34,873 84,873 2043 150,000 102,526 252,526 2044 70,000 5.70% 44,784 114,784 35,000 5.70% 17,051 52,051 60,000 5.70% 31,751 91,751 2044 165,000 93,586 258,586 2045 70,000 5.75% 40,777 110,777 25,000 5.75% 15,335 40,335 60,000 5.75% 28,316 88,316 2045 155,000 84,427 239,427 2046 70,000 5.80% 36,734 106,734 25,000 5.80% 13,891 38,891 60,000 5.80% 24,851 84,851 2046 155,000 75,476 230,476 2047 110,000 5.87% 31,476 141,476 40,000 5.87% 11,992 51,992 55,000 5.87% 21,496 76,496 2047 205,000 64,964 269,964 2048 150,000 5.94% 23,792 173,792 50,000 5.94% 9,333 59,333 80,000 5.94% 17,506 97,506 2048 280,000 50,631 330,631 2049 170,000 6.01% 14,229 184,229 80,000 6.01% 5,444 85,444 100,000 6.01% 12,125 112,125 2049 350,000 31,798 381,798 2050 150,000 6.08% 4,560 154,560 50,000 6.08% 1,520 51,520 150,000 6.08% 4,560 154,560 2050 350,000 10,640 360,640 Total 1,540,000 1,074,689 2,614,689 525,000 376,715 901,715 1,180,000 788,201 1,968,201 Total 3,245,000 2,239,604 5,484,604 Notes: 1) Estimated Rate assumes A+ sale on 6/30/2026 +105 bps TotalsFire Portion Parks Portion Public Works Portion Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 7 Financing Plan Tax Impact City of Waterloo, WI 2027 G.O. Notes 2028 G.O. Notes 2031 G.O. Notes Net Debt Change Annual Taxes 2,830,000 2,445,000 3,245,000 Total Levy Change Total Tax Annual Taxes Annual Taxes Annual Taxes Year Less: Less: Service From Prior Tax Rate $300,000 Dated: 4/15/2027 Dated: 4/15/2028 Dated: 4/15/2031 Net Debt from Prior Rate for $300,000 Difference Difference Year Ending Water TID 3 Levy Year Levy Per $1,000 Home Total P&I Total P&I Total P&I Service Levy Year Debt Service Home From Prior Year From Existing Ending 2027 711,818 (60,208) (119,655) 531,955 401,545,100 $1.32 $397 0 0 0 531,955 $1.32 $397 $0 2027 2028 696,172 (58,637) (122,818) 514,718 (17,238) 414,415,345 $1.24 $373 236,779 0 0 751,497 219,541 $1.81 $544 $147 $171 2028 2029 650,346 (57,018) (120,815) 472,513 (42,205) 427,698,104 $1.10 $331 203,381 228,441 0 904,335 152,838 $2.11 $634 $90 $303 2029 2030 593,403 (60,423) (123,641) 409,339 (63,174) 441,406,599 $0.93 $278 269,268 261,234 0 939,840 35,505 $2.13 $639 $4 $361 2030 2031 541,388 (58,669) (126,225) 356,495 (52,844) 455,554,477 $0.78 $235 278,594 338,300 0 973,389 33,549 $2.14 $641 $2 $406 2031 2032 578,889 (61,919) (143,365) 373,605 17,110 470,155,820 $0.79 $238 149,792 215,937 273,545 1,012,878 39,489 $2.15 $646 $5 $408 2032 2033 309,176 0 (149,953) 159,224 (214,381) 485,225,161 $0.33 $98 231,584 220,765 304,184 915,756 (97,122) $1.89 $566 ($80) $468 2033 2034 317,897 0 (156,105) 161,792 2,568 500,777,503 $0.32 $97 212,035 185,976 278,739 838,541 (77,216) $1.67 $502 ($64) $405 2034 2035 330,669 0 (161,860) 168,809 7,017 516,828,325 $0.33 $98 212,604 172,050 283,436 836,898 (1,642) $1.62 $486 ($17) $388 2035 2036 157,285 0 (157,285) 0 (168,809) 533,393,605 $0.00 $0 242,263 202,430 311,972 756,665 (80,233) $1.42 $426 ($60) $426 2036 2037 157,480 0 (157,480) 0 0 550,489,832 $0.00 $0 211,569 221,240 289,946 722,755 (33,910) $1.31 $394 ($32) $394 2037 2038 0 0 0 0 0 568,134,024 $0.00 $0 211,135 185,060 283,198 679,393 (43,362) $1.20 $359 ($35) $359 2038 2039 0 0 0 0 0 586,343,744 $0.00 $0 210,338 179,489 286,053 675,879 (3,514) $1.15 $346 ($13) $346 2039 2040 0 0 0 0 0 605,137,119 $0.00 $0 213,892 173,670 283,350 670,912 (4,968) $1.11 $333 ($13) $333 2040 2041 0 0 0 0 0 624,532,855 $0.00 $0 211,838 167,647 289,978 669,463 (1,449) $1.07 $322 ($11) $322 2041 2042 0 0 0 0 0 644,550,259 $0.00 $0 209,475 161,570 276,160 647,204 (22,259) $1.00 $301 ($20) $301 2042 2043 0 0 0 0 0 665,209,257 $0.00 $0 231,202 160,297 252,526 644,025 (3,180) $0.97 $290 ($11) $290 2043 2044 0 0 0 0 0 686,530,413 $0.00 $0 212,352 168,392 258,586 639,329 (4,696) $0.93 $279 ($11) $279 2044 2045 0 0 0 0 0 708,534,951 $0.00 $0 213,368 160,975 239,427 613,770 (25,559) $0.87 $260 ($19) $260 2045 2046 0 0 0 0 0 731,244,774 $0.00 $0 213,763 163,177 230,476 607,415 (6,355) $0.83 $249 ($11) $249 2046 2047 0 0 0 0 0 754,682,488 $0.00 $0 179,401 154,994 269,964 604,359 (3,056) $0.80 $240 ($9) $240 2047 2048 0 0 0 0 0 778,871,423 $0.00 $0 0 190,439 330,631 521,070 (83,289) $0.67 $201 ($40) $201 2048 2049 0 0 0 0 0 803,835,657 $0.00 $0 0 0 381,798 381,798 (139,273) $0.47 $142 ($58) $142 2049 2050 0 0 0 0 0 829,600,039 $0.00 $0 0 0 360,640 360,640 (21,158) $0.43 $130 ($12) $130 2050 2051 0 0 0 0 0 856,190,217 $0.00 $0 0 0 0 0 (360,640) $0.00 $0 ($130) $0 2051 Total 5,044,523 (356,873) (1,539,201) 3,148,449 4,354,631 3,912,079 5,484,604 $7,182 Total Cost of new debt to Sample Taxpayer Notes: Proposed DebtExisting Debt Total Debt Payments Equalized Value (TID OUT) Debt Service Levy Taxes Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Table 8 General Obligation Debt Capacity Analysis - Impact of Financing Plan City of Waterloo, WI Projected Existing Combined Year Equalized Principal Existing Year Ending Value (TID IN)1 Debt Limit Outstanding % of Limit & Proposed Ending 2026 420,263,100 21,013,155 4,858,978 23% $4,858,978 23% $16,154,177 2026 2027 435,198,361 21,759,918 4,309,229 20% 2,830,000 $7,139,229 33% $14,620,689 2027 2028 450,664,389 22,533,219 3,743,676 17% 2,780,000 2,445,000 $8,968,676 40% $13,564,543 2028 2029 466,680,047 23,334,002 3,177,326 14% 2,695,000 2,410,000 $8,282,326 35% $15,051,676 2029 2030 483,264,868 24,163,243 2,640,140 11% 2,540,000 2,270,000 $7,450,140 31% $16,713,103 2030 2031 500,439,078 25,021,954 2,142,125 9% 2,370,000 2,045,000 3,245,000 $9,802,125 39% $15,219,829 2031 2032 518,223,623 25,911,181 1,680,000 6% 2,325,000 1,935,000 3,245,000 $9,185,000 35% $16,726,181 2032 2033 536,640,193 26,832,010 1,165,000 4% 2,195,000 1,815,000 3,115,000 $8,290,000 31% $18,542,010 2033 2034 555,711,249 27,785,562 900,000 3% 2,080,000 1,725,000 3,005,000 $7,710,000 28% $20,075,562 2034 2035 575,460,050 28,773,003 615,000 2% 1,960,000 1,645,000 2,885,000 $7,105,000 25% $21,668,003 2035 2036 595,910,682 29,795,534 305,000 1% 1,805,000 1,530,000 2,730,000 $6,370,000 21% $23,425,534 2036 2037 617,088,086 30,854,404 155,000 1% 1,675,000 1,390,000 2,590,000 $5,810,000 19% $25,044,404 2037 2038 639,018,090 31,950,904 0% 1,540,000 1,280,000 2,450,000 $5,270,000 16% $26,680,904 2038 2039 661,727,440 33,086,372 0% 1,400,000 1,170,000 2,300,000 $4,870,000 15% $28,216,372 2039 2040 685,243,832 34,262,192 0% 1,250,000 1,060,000 2,145,000 $4,455,000 13% $29,807,192 2040 2041 709,595,946 35,479,797 0% 1,095,000 950,000 1,975,000 $4,020,000 11% $31,459,797 2041 2042 734,813,484 36,740,674 0% 935,000 840,000 1,810,000 $3,585,000 10% $33,155,674 2042 2043 760,927,199 38,046,360 0% 745,000 725,000 1,660,000 $3,130,000 8% $34,916,360 2043 2044 787,968,940 39,398,447 0% 565,000 595,000 1,495,000 $2,655,000 7% $36,743,447 2044 2045 815,971,688 40,798,584 0% 375,000 465,000 1,340,000 $2,180,000 5% $38,618,584 2045 2046 844,969,594 42,248,480 0% 175,000 325,000 1,185,000 $1,685,000 4% $40,563,480 2046 2047 874,998,024 43,749,901 0% 185,000 980,000 $1,165,000 3% $42,584,901 2047 2048 906,093,601 45,304,680 0% 700,000 $700,000 2% $44,604,680 2048 2049 938,294,249 46,914,712 0% 350,000 $350,000 1% $46,564,712 2049 2050 971,639,240 48,581,962 0% $0 0% $48,581,962 2050 Notes: 1) Projected TID IN EV based on discounted 5-year average at 3.55% annual inflation. % of Limit Residual Capacity Proposed DebtExisting Debt 2027 G.O. Notes 2028 G.O. Notes 2031 G.O. Notes Waterloo 2027 Financing Plan 09.01.26.xlsx Prepared 9/1/2026 Proposal Date: Equipment Description: Commencement Date: Equipment Cost: Lessee Down Payment: Amount Financed: Lease Term: First Payment Date: Payment Frequency: Interest Rate: Payment Amount: Qualifications: Financing by: Leasing 2, Inc. Contact: Carter Meyers Phone: 813-258-9888 x15 Email: cmeyers@leasing2.com Web: www.leasing2.com 5. Credit Approval and Documentation: This is a proposal only, and does not represent a commitment to lease. This financing is subject to credit review and approval and execution of mutually acceptable documentation, including the opinion of lessee's counsel opining that the agreement is legal, valid and binding, obligation of Lessee. 3. Financial Reporting: All city, county and tax districts (including fire districts) will be expected to provide GAAP audited financial reports. All non-for profit corporations (vfd's) will be expected to provide IRS 990 federal tax returns. If you do not maintain these types of financial reports, please contact us to discuss. b) Closing Costs: There will be no up-front costs of any kind charged by Lessor including closing costs, points, administrative costs, etc. Your attorney may charge you to review the lease documents and complete the opinion letter required with our lease documentation. 4. Vendor Payable / Escrow Account (where applicable): In the event that the truck(s) and/or equipment are not ready to be delivered, proceeds of this lease will be held in a vendor payable account until delivery/acceptance. This is a non-interest bearing account to Lessee. a) Rate Expiration: Signing this proposal does not in itself lock in your rate. This lease must be credit approved, contracts properly signed, and the lease funded by Leasing 2 within thirty days from the date of this proposal to protect the rates quoted. $1,387,326 (1) E-One Aluminum Typhoon HP75 Aerial Ladder August 31, 2026 $1,387,326 September 20, 2026 LEASE FINANCING PROPOSAL Jesse Wilkening Requested by Presented To (As Lessee) Representing City of Waterloo, WI Option 1 1 Years 6.19% Annual 2. Type of Lease: This is a lease-purchase type of financing. After all the lease payments are made, Lessee will own the equipment without further cost. $1,473,228.10 c) Fixed Rates: Rates are fixed for the entire term. 9/20/2027 1. Pricing: This is a lease proposal for the payment stream(s) indicated above. If any of the information identified above are not correct, please advise us so that we can determine if a new proposal is required. Other important elements of this proposal are: REQUEST TO PROCEED: Proposal date: Option Chosen: _________ (where applicable) Upcoming Governing Body meeting date for lease approval: ____________________________________ Name of Lessee _____________________________________ ____________________________ ____________________________ Authorized Signature Date Title _____________________________________ _____________________________ Printed Name Of Authorized Signature Last month of your budget year? _____________________________________ ____________________________ ____________________________ Contact Name Contact Phone Contact Email (If Different ThanAuthorized Signature) _____________________________________ ____________________________ ____________________________ Financial Contact Name Contact Phone Contact Email (Can be Treasurer or Clerk) 813-258-9333 / info@leasing2.com Are you ready to move forward with Leasing 2? Here is a quick overview of our process 1. Signed Proposal - When you are ready to move forward with Leasing 2, email a scan of the completed and signed proposal back to Leasing 2. 2. Credit Application - A credit application and request for current financial reports will be emailed to the designated contacts upon receipt of the signed proposal. The credit application should be completed and returned promptly to protect your quoted interest rates. Credit approval usually comes within a few days receipt of the completed credit application. 3. Financing Agreement - Once credit approval is accomplished, the financing agreement will be emailed for review and signature. Once the contracts are signed and returned, we are ready for closing. ** Important: A Resolution will be required with the lease contract ** In the event that you require board action to sign this proposal, please call us so that we may forward the preferred form for the meeting. August 31, 2026 City of Waterloo, WI Please complete the above information and fax or email all pages of the proposal to When you are ready to proceed with Leasing 2 towards finalizing this lease financing arrangement, please indicate so by signing below and completing the requested information. We will immediately email you our application. Thank you for your confidence and cons ideration. Fire Service, Inc. Locations: 9545 N. Industrial Dr. 1719 S. Franklin Rd. 105 S. Industrial Drive St. John, IN 46373 Indianapolis, IN 46239 Lake Mills, WI 53551 1743 Quincy Avenue 1805 High Grove Ln. Naperville, IL 60540 Naperville, IL 60540 Sales -Service -Parts -Equipment-Uniforms -Training 1-800-578-4281 August 17, 2026 Waterloo Fire Department 900 Industrial Lane Waterloo, WI 53594 Waterloo Fire Department, On behalf of Fire Service Inc., thank you for the opportunity to present this proposal to the Waterloo Fire Department for the purchase of a new E-ONE Aluminum Typhoon HP75 Aerial Ladder finished to match your current fleet livery as specified in the enclosed documentation. We are proud to support your department in its mission to protect lives and property and look forward to serving as your partner on this important acquisition. The unit proposed has been configured to meet the operational needs of your department, providing a balance of performance, reliability, and ease of use. Apparatus Overview • Model: E-ONE Aluminum Typhoon HP75 Aerial Ladder • Chassis: Typhoon Custom Cab • Engine: Cummins L9 450 HP • Transmission: Allison EVS 3000 • Pump: Hale QMAX 1500 GPM • Tank: 500-gallon water tank Standard Equipment and Features • NFPA 1900 compliant design • Aluminum Body construction • Pre Delivery Inspection at Fire Service Inc. facility • Delivery to Waterloo Fire Department upon completion • Three days of onsite operational training included Delivery and Terms • Estimated Delivery Timeline: Approximately 120 days from order – actual time frame will be impacted by optional add-ons selected. Lead time will be confirmed at that time. • Proposal Validity: 30 days from date of issuance • The proposal is subject to prior sale. - Unit owned by an associate dealer. Fire Service, Inc. Locations: 9545 N. Industrial Dr. 1719 S. Franklin Rd. 105 S. Industrial Drive St. John, IN 46373 Indianapolis, IN 46239 Lake Mills, WI 53551 1743 Quincy Avenue 1805 High Grove Ln. Naperville, IL 60540 Naperville, IL 60540 Sales -Service -Parts -Equipment-Uniforms -Training 1-800-578-4281 Optional Ancillary Dealer Installed Equipment and Add Ons Purchased separately from the apparatus and installed by Fire Service Inc. prior to delivery. • Enclose the pump module, install a pump heater with switch on pump panel – $18,000 • Install two (2) inboard SCBA flip-up seats on the rear cab wall. – $10,500 • Install rear cab heaters beneath the crew seats – $3,500 Total Optional Ancillary Add Ons: $32,000 Price • Base Apparatus: $1,355,326 • Total with Ancillary Add Ons: $1,387,326 Payment Terms: • Payment of the base apparatus is due upon invoice after contract signing. Any selected ancillary add-ons will be invoiced separately at the time of delivery. - Invoicing details to be discussed upon contract. Financing / leasing options are available upon request. Deferred payment options are also available with financing options. Thank you again for the opportunity to serve your department. We are honored to be considered and are committed to supporting you throughout every step of this process. This in-stock apparatus represents approximately $550,000 or more savings to the taxpayers of your community in place of a newly submitted order. Sincerely, Jesse Wilkening Central Wisconsin Sales Representative | Fire Service Inc. Fire Service, Inc. Locations: 9545 N. Industrial Dr. 1719 S. Franklin Rd. 105 S. Industrial Drive St. John, IN 46373 Indianapolis, IN 46239 Lake Mills, WI 53551 1743 Quincy Avenue 1805 High Grove Ln. Naperville, IL 60540 Naperville, IL 60540 Sales -Service -Parts -Equipment-Uniforms -Training 1-800-578-4281 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 ____________________________________________________________________________________ RESOLUTION 2026-22 A RESOLUTION TO VACATE A PORTION OF EAST POLK STREET The Common Council of the City of Waterloo, Wisconsin does hereby ordain as follows: WHEREAS, the City Council has the power to discontinue the whole or any part of any street within the corporate limits of the City pursuant to Wis. Stat. § 66.1003 when the public interest requires it; and WHEREAS, the City Council has the power to amend the official map of the City pursuant to Wis. Stat. §§ 60.10(2)(c), 61.35 and 62.23(6)(c); and WHEREAS, vacation of the portion of the below described public way will not result in a landlocked parcel or property; and WHEREAS, the owner of the parcel of land located at 318 E. Polk Street, which is the property immediately south of the below described public way, has requested the City vacate said portion of the right of way; and WHEREAS, the City Council has considered whether such vacation would be in the public interest, and hereby determines that it is in the public interest to vacate, abandon and discontinue said portion of the below described public way because it is no longer necessary for use as a public right of way, is of no public utility and should therefore be added to the tax rolls; and WHEREAS, the City Council previously passed Resolution 2025-42 which purported to vacate the below described public way but is believed to have been passed without following the requisite statutory requirements. The City Council, therefore, rescinded Resolution 2025-42 on May 7th, 2026 with Resolution 2026-21 in order to cure any such deficiencies. NOW, THEREFORE, BE IT RESOLVED, by the City Council, pursuant to sec. 66.1003(4), Wis. Stats., that the portion of the public way described in the attached Exhibit A is hereby vacated and discontinued as required by the public interest. The above described public way had been acquired and held by the City for public purposes and, therefore, in accordance with Wis. Stat. § 66.1005, all easements and rights incidental to the easements that belong to any county, school district, town, village, city, utility, or person that relate to any underground or overground structures, improvements, or services and all rights of entrance, maintenance, construction, and repair of the structures, improvements, or services shall continue. The City does not consent to the discontinuance of any such easements and rights. BE IT FURTHER RESOLVED, that the Official Map of the City is hereby amended in accordance with the provisions contained herein pursuant to Wis. Stat. §§ 60.10(2)(c), 61.35 and 62.23(6)(c). BE IT FURTHER RESOLVED, that the City Clerk shall file a certified copy of this Resolution with the Register of Deeds for Jefferson County. Adopted this _____ day of ___________________, 2026. BY ORDER OF THE CITY COUNCIL By:_______________________________________ Jenifer Quimby, Mayor ATTEST: ____________________________________ Interim City Clerk, Denise Knutson Date Introduced: Date Adopted: 1 ROAD DEDICATION, ACCEPTANCE, AND MUNICIPAL SERVICES PAYMENT AGREEMENT This Road Dedication, Acceptance, and Municipal Services Payment Agreement ("Agreement") is entered into as of _______________, 2026, by and between the City of Waterloo, a Wisconsin municipal corporation with a principal office address of 136 N. Monroe Street, Waterloo, Wisconsin 53594 ("City"), and MV21, LLC, a Wisconsin limited liability company with a principal office address of 1045 Hill Street, Watertown, Wisconsin 53098 ("Property Owner"). The City and Property Owner may be referred to herein individually as a "Party" or collectively as the "Parties". RECITALS WHEREAS, Property Owner owns certain real property located in Waterloo, Wisconsin, as more specifically described in Exhibit A attached hereto (the "Property"); WHEREAS, the Property includes a private roadway known as Highland Terrace (the "Roadway"), which serves a residential condominium development located on the Property; WHEREAS, Property Owner desires to dedicate the Roadway, together with all related easements and rights-of-way, to the City for public street purposes; WHEREAS, the City has no obligation to accept dedication of the Roadway as a public street and has determined that acceptance of the Roadway as a public street will result in ongoing maintenance, repair, snow removal, administration, utility, and replacement obligations; WHEREAS, the Property is presently exempt, in whole or in part, from general property taxation; WHEREAS, Property Owner is in the process of selling six duplex units and one vacant lot, all located within the Property to third parties and does not anticipate that any such third-party purchasers of any lot and/or unit will use or permit the use of such lot or unit in a manner that would render such lot or unit exempt from property taxes pursuant to applicable Wisconsin Statutes; WHEREAS, the City is willing to accept dedication of the Roadway for public street purposes subject to the terms and conditions set forth in this Agreement; and WHEREAS, the Parties desire to establish a mechanism for compensating the City for its acceptance of the dedication of the Roadway and assumption of responsibility for the Roadway until all units and/or lots benefited by the Roadway are subject to ordinary municipal property taxation; WHEREAS, this Agreement has been authorized by the Common Council of the City of Waterloo pursuant to Wis. Stat. § 62.11(5) by Resolution No. _____ adopted on ______________, 2026; NOW, THEREFORE, the Parties hereto state and agree as follows: I. INCORPORATION. The Recitals articulated above are incorporated herein by reference and made a part of this Agreement. 2 II. CONVEYANCE OF ROADWAY. Property Owner hereby conveys to the City for public street purposes the Roadway described in Exhibit B hereto, by warranty deed in recordable form and free and clear of all liens, encumbrances, and exceptions except for the Permitted Exceptions (as defined below). The City shall accept the dedication only upon (i) satisfaction of all conditions contained in this Agreement and (ii) adoption of a resolution by the Common Council formally accepting the dedication of the Roadway. No occupancy, use, maintenance, or acknowledgment by the City prior to such formal resolution shall be construed as an acceptance of the Roadway. If a certified survey map is required to create and convey the Roadway as described in Exhibit B to the City, Property Owner shall pay for all costs related to the establishment of the parcel for conveyance. III. MAINTENANCE OF ROADWAY . Upon acceptance of the Roadway, (i) the City will assume all responsibility for ongoing maintenance of the Roadway, including all improvements and snow and ice removal, and (ii) Property Owner will have no responsibility or obligations with respect to the Roadway. IV. TITLE INSURANCE. Prior to acceptance, Property Owner shall, at Property Owner's sole cost and expense deliver to the City an ALTA owner's title insurance commitment. The City shall have five business (5) days after receipt of said commitment to object to any exceptions to title which are not acceptable to the City. Property Owner shall have five business (5) days after receipt of said objections to either (1) agree to cure such objections, or (2) decline to cure such objections. If Property Owner fails to respond to the City’s objections, Property Owner shall be deemed to decline to cure such objections. If Property Owner declines to cure such objections (or is deemed to decline to cure such objections), the City shall have five (5) business days to either (i) terminate this Agreement; or (ii) waive its objections. If the City fails to respond, the City shall be deemed to have waived its objections. As used herein, the term "Permitted Exceptions" shall mean those exceptions to title listed on the title commitment that are either (a) not objected to (or said objection is waived) by the City, or (b) agreed to be cured by Property Owner. At closing, Property Owner shall, at Property Owner’s sole cost and expense, deliver to the City an ALTA owner's policy insuring the City's fee interest in the Roadway in the full value thereof, subject only to the Permitted Exceptions. V. MUNICIPAL SERVICES PAYMENT. Upon final plat approval from the Common Council and recording of the deed transferring the Roadway, Property Owner shall pay the City the sum of $13,400.00 ("Annual Municipal Services Payment"). Then annually thereafter, until Property Owner’s obligation to make the Annual Municipal Services Payment is terminated, Property Owner shall pay to the City an Annual Municipal Services Payment, provided the amount of such Annual Municipal Services Payment may be adjusted as set forth in Section VI below. Except for the initial Annual Municipal Services Payment made upon final plat approval from the Common Council and recording of the deed transferring the Roadway, Property Owner shall make the Annual Municipal Services Payment to the City by January 31 of each calendar year. Every Annual Municipal Services Payment made after the initial Annual Municipal Services Payment shall increase by five percent (5%). For the avoidance of doubt, the Annual Municipal Services Payment the Property Owner is required by pay by January 31, 2027, shall be in an amount of $14,070.00. 3 The Parties acknowledge and agree that the Annual Municipal Services Payment is contractual consideration and is not a tax, special assessment, or special charge; provided, however, that any delinquent Annual Municipal Services Payment and any interest, penalty, or collection costs thereon shall be collectible as a special charge as provided in Section X. VI. TERMINATION OF OBLIGATION. Property Owner's obligation to make the Annual Municipal Services Payment shall be terminated upon the later of January 31, 2027, or when all of the units and/or lots accessible by the Roadway are sold to persons or entities whose ownership or use will not maintain the Property (or any portion thereof) as exempt in whole or in part from general property taxation. For avoidance of doubt, (i) the units and/or lots accessible by the Roadway consist of six duplex units and one vacant lot all within Tax Key No. 290-0831-0522-070 and (ii) the Property Owner must make the Annual Municipal Services Payments in the amount of $13,400.00 upon final plat approval by the Common Council and recording of the deed transferring the Roadway, and in the amount of $14,070.00 in January 2027, prior to the Property Owner’s obligation to make Annual Municipal Services Payments being terminated hereunder. If all of the lots and units are not sold by December 31, 2027, each Annual Municipal Services Payments due thereafter shall be reduced pro rata by one-sixth (1/6th) for each duplex unit benefited by the Roadway that is placed on the general property tax roll during the year for which an Annual Municipal Services Payment is due. If additional duplex units are added to the Property during the term of this Agreement, then the Annual Municipal Services Payment would be reduced pro rata by one divided by the number of duplex units (1 / # of units) then benefited by the Roadway and placed on the general property tax roll. The Parties agree that all duplex units existing on the Property at the time of the Agreement (and any additional condominium units or dwelling units later constructed on, added to, or created within the Property during the term of this Agreement) are benefited by the Roadway. VII. ASSIGNMENT; SUCCESSOR VETTING. Property Owner shall not assign this Agreement without the express written consent of the City. Property Owner shall not, to the Property Owner’s knowledge, convey the Property or any duplex unit or portion thereof, to any person or entity whose ownership or use will maintain the Property (or any portion thereof) as exempt in whole or in part from general property taxation. VIII. DEFAULT. Any party’s failure to pay or perform any obligation under this Agreement constitutes a default. The non-defaulting party shall provide written notice of default to the party in default and a 30-day opportunity to cure the default. Failure to timely cure the default by the Property Owner shall entitle the City, at its option and without further notice, to invoke any remedy under this Agreement or otherwise available at law or in equity. IX. INTEREST AND COLLECTION COSTS. Any delinquent payment of the Annual Municipal Services Payment shall accrue interest at the rate of one half of one percent (0.5%) per month (six percent (6%) per annum), compounded monthly. Property Owner shall reimburse the City for any and all collection costs, including reasonable attorney fees, expert fees, and court costs. X. SPECIAL CHARGE CONSENT. To the fullest extent permitted by Wisconsin law, Property Owner expressly consents to the City's use of any lawful special charge (including a special charge under Wis. 4 Stat. § 66.0627), special assessment (including under Wis. Stat. § 66.0703), tax roll placement procedure including placement on the tax roll pursuant to Wis. Stat. § 66.0627(4), collectible in the same manner and with the same lien priority as delinquent real property taxes under Wis. Stat. chs. 74 and 75, or other lawful collection mechanism to secure payment of any unpaid amount due under this Agreement including delinquent Annual Municipal Services Payments, interest, penalty, and collection costs under Section X,. Property Owner, for itself and its successors and assigns, expressly waives any procedural objection to the imposition of any such special charge or the placement of any such charge on the tax roll, including any objection to notice, hearing, benefit, or apportionment beyond what is required by statute. XI. GOVERNING LAW AND VENUE. This Agreement shall be governed by the laws of the State of Wisconsin. The exclusive venue for any action arising under or relating to this Agreement shall be the Jefferson County Circuit Court. XII. MISCELLANEOUS. a. Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior oral or written understandings. b. Amendment. This Agreement may be amended only by a writing signed by both Parties. Any amendment on behalf of the City shall require authorization by resolution of the Common Council. c. Waiver. No delay or omission by any Party to exercise any right hereunder shall impair such right or be construed as a waiver thereof. A waiver on one occasion shall not be construed as a waiver on any subsequent occasion. d. Force Majeure. Performance of any Party's non-monetary obligations hereunder shall be excused to the extent hindered or prevented by acts of God, fires, storms, or other causes beyond such Party's reasonable control; provided, however, that no monetary obligation under this Agreement including any Annual Municipal Services Payment or any interest, penalty, or collection cost thereon shall be excused, suspended, or delayed by any force majeure event. e. Notices. Notices under this Agreement shall be given in writing and shall be deemed given (i) upon deposit in the U.S. mail, certified or registered, postage prepaid; (ii) upon confirmed delivery by nationally recognized overnight courier; or (iii) upon confirmed transmission by email, in each case addressed to the Parties at the addresses set forth in the preamble, with a required copy of any notice to the City sent to the City Attorney via email at cnelson@axley.com. f. Public Records. Property Owner acknowledges that this Agreement and all records submitted to the City hereunder are public records subject to Wis. Stat. §§ 19.31–19.39. g. Authority. Each signatory represents and warrants that he or she has full authority to bind the Party on whose behalf he or she signs, and that all corporate, organizational, and municipal actions necessary to authorize this Agreement have been duly taken. 5 h. Severability. If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall continue in full force and effect, and the invalid provision shall be reformed to the minimum extent necessary to render it enforceable and to preserve the Parties' intent. i. Counterparts; Electronic Signatures. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. Signatures delivered by PDF or other electronic means shall be as effective as original signatures. j. Headings. Headings are for convenience only and shall not affect construction. 6 DATED: _____________________ MV21, LLC By: _______________________________ Its: _______________________________ STATE OF WISCONSIN ) ) ss. ____________ COUNTY ) Personally came before me this ____ day of ______________, 2026, the above-named ______________________________, to me known to be the person(s) who executed the foregoing instrument and acknowledged the same on behalf of MV21, LLC. ________________________________ Notary Public, State of Wisconsin. My commission expires: __________. DATED: _____________________ CITY OF WATERLOO _______________________________ Jenifer Quimby, Mayor Attest: _______________________________ Denise Knutson, Interim City Clerk STATE OF WISCONSIN ) ) ss. JEFFERSON COUNTY ) Personally came before me this ____ day of ______________, 2026, the above-named Jenifer Quimby and Denise Knutson, to me known to be the Mayor and Interim City Clerk of the City of Waterloo, who executed the foregoing instrument on behalf of the City and acknowledged the same. ________________________________ Notary Public, State of Wisconsin. My commission expires: __________. 7 EXHIBIT A Legal Description of the Property Lot 2 of Certified Survey Map No. 3548 in Volume 16 of Certified Surveys, on Pages 96-97 as Document No. 983360, being a part of the Northwest Quarter of the Northwest Quarter of Section 5, Township 8 North, Range 13 East, City of Waterloo, Jefferson County, Wisconsin. Parcel ID No.: 290-0813-0522-070 8 EXHIBIT B Legal Description of the Roadway [To be finalized and inserted] 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 www.waterloowi.us ____________________________________________________________________________________ RESOLUTION #2026-46 A RESOLUTION AUTHORIZING EXECUTION OF THE ROAD DEDICATION ACCEPTANCE AND MUNICIPAL SERVICES PAYMENT AGREEMENT WITH MV21, LLC The Common Council of the City of Waterloo, Wisconsin, does hereby ordain as follows: WHEREAS, MV21, LLC (“Property Owner”) owns certain real property in the City of Waterloo, Wisconsin, as described in Exhibit A of the Agreement; WHEREAS, the Property includes a private roadway known as Highland Terrace, serving a residential condominium development; WHEREAS, the Property Owner desires to dedicate Highland Terrace, together with all related easements and rights- of-way, notwithstanding the minimum right-of-way widths established in 380-26 of the City Code, the public street right-of-way serving the development shall be 36-feet in width as shown on the approved PDD Specific Implementation Plan and Final Plat, to the City for public street purposes; WHEREAS, the City has determined that acceptance of the Roadway will result in ongoing maintenance, repair, snow removal, administration, utility, and replacement obligations; WHEREAS, the City is willing to accept dedication of the Roadway subject to the terms and conditions set forth in the Road Dedication, Acceptance, and Municipal Services Payment Agreement (“Agreement”); WHEREAS, the Agreement establishes a mechanism for compensating the City for its acceptance and assumption of responsibility for the Roadway until all units and/or lots benefited by the Roadway are subject to ordinary municipal property taxation; WHEREAS, the Agreement has been reviewed and is deemed to be in the best interests of the City; THEREFORE, BE IT RESOLVED, the City Council of the City of Waterloo , Wisconsin, hereby approves the Road Dedication, Acceptance, and Municipal Services Payment Agreement between the City of Waterloo and MV21, LLC, substantially in the form attached hereto. PASSES AND ADOPTED this _____ day of ______ 2026 City of Waterloo Signed: ______________________________________ Jenifer Quimby, Mayor Attest: _________________________________ Charles Kuhl, Council President Sponsor(s): Planning Commission 136 North Monroe Street Waterloo, WI 53594 Phone: (920) 478-3025 Fax: (920) 478-2021 www.waterloowi.us ______________________________________________________________________________ __ APPLICATION FOR SPECIAL EVENT or ENTERTAINMENT LICENSE Any Special Event or Entertainment Event sponsor requesting municipal approvals, services, assistance, and/or other support from the City of Waterloo for a special or entertainment event on public or private property must provide the following information. Submittal of application does not constitute approval. All applications must be reviewed. NAME OF SPONSOR (Applicant): STATUS: (circle one) unincorporated incorporated individual other CONTACT NAME: PHONE NUMBER: / / DAYTIME EVENING FAX EMAIL ADDRESS: NAME OF EVENT: TYPE OF EVENT: (circle one) Festival Parade Caravan Rally March Race Tag Day Other PURPOSE OF EVENT: DATE OF EVENT: EVENT HOURS: SET UP HOURS BREAKDOWN___________ DESCRIPTION OF EVENT: SITE/ADDRESS FOR EVENT (list if multiple locations) PROJECTED ATTENDANCE: PAST ATTENDANCE: NUMBER OF VOLUNTEERS/PERSONNEL FOR EVENT: RAIN POLICY: DATE APPLICATION MADE Pursuant to Section 172-2 Waterloo Municipal Code Application for Special Event or Entertainment License Form created: 03/11/2004 Page 1 of 8 License Application HOLD HARMLESS CLAUSE: The special event or entertainment sponsor hereby agrees to indemnify and hold harmless the City of Waterloo, Wisconsin, its agents, public officials, officers, employees and authorized volunteers, from and against any and all legal actions, claims, damages, losses, expenses arising out of the permitted event/activity or any activity associated with the conduct of the sponsor’s operation of the event, including but not limited to, claims for personal or bodily injury, disease or death, or injury to or destruction of property, excluding claims caused by the willful commission or omission by employees of the City of Waterloo acting within the scope of their employment. Further, the event sponsor agrees to indemnify the City of Waterloo and any of its agents, public officers, officials or employees and authorized volunteers for any attorneys fees and court costs incurred or to be incurred in defending any actions brought against them as a result of the sponsor’s use of public property or operation of the event as set forth in the application for special permit. INSURANCE REQUIREMENTS: Proof of insurance is required of all Special or Entertainment Event Sponsors before the event. The attached list of insurance requirements should be reviewed immediately with your Insurance Agent to comply. Please provide a Certificate of Insurance with your completed application by, 20 to the City Clerk’s Office 136 N. Monroe Street, Waterloo, WI. 53594. Insurance coverage shall be from companies and in amounts acceptable to the City of Waterloo. Failure to provide said acceptable insurance coverage in a timely manner is grounds for non-issuance or revocation of the permit. PERMITTED USE OF PUBLIC PROPERTY: Whereas the Special or Entertainment Event Sponsor agrees to use the public property at in Waterloo, Wisconsin, known as, for staging of, the City of Waterloo does hereby agree to permit for use, at no cost, these premises for the date(s) of through 20 . Sponsor does hereby agree to conduct only that business/activity which is described in the Special Event Permit Application, and agrees to all municipal requirements. Sponsor further agrees that within thirty (30) days of the conclusion of the event it will, at its own expense, provide for the repair, replacement or maintenance of any damaged, lost or stolen portions of the subject property including, but not limited to landscaping, street or buildings and/or pavement. LIABILITY WAIVER: The event sponsor agrees for itself and/or its employees, agents, or volunteers associated or to be associated with the activity for which the permit is being sought, to waive and relinquish all claims that may result in any manner against the City of Waterloo, its agents, public officers, officials or employees and authorized volunteers from said sponsored event or activity, except for acts caused by the willful and wanton misconduct by employees of the City of Waterloo acting within the scope of their employment. AUTHORIZED SIGNATURES: I hereby attest that I am authorized to bind the sponsor and/or its employees, agents, or volunteers associated or to be associated with the activity for which the permit is being sought, to the terms of this agreement. I have read and understand all regulations and requirements outlined herein. I/we do hereby agree to abide by all rules and regulations outlined herein. I/we hereby agree to meet all requirements for documentation, certification, licensing, financial responsibility and all other aspects of staging a Special Event in the City of Waterloo, as outlined herein. I/we understand that our lack of meeting all requirements outlined herein may result in the denial or cancellation of the proposed Special or Entertainment Event. Permit applied for and all terms and stipulations agreed to by: Name (please print) Signature Signatory Title (if applicable) Date Pursuant to Section 172-2 Waterloo Municipal Code Application for Special Event or Entertainment License Form created: 03/11/2004 Page 2 of 8 License Application THIS APPLICATION, WITH A DETAILED SITE PLAN ATTACHED, AND ANY OTHER APPLICABLE DOCUMENTS AS OUTLINED HEREIN, MUST BE REMITTED TO THE CLERK’S OFFICE NO LATER THAN NINETY DAYS (90) PRIOR TO THE OPENING DAY OF THE EVENT. Application received late or incomplete may be denied. Direct mail to the City Clerk, City of Waterloo, 136 N. Monroe Street, Waterloo, WI. 53594. A copy of the application will then be forwarded to the appropriate committees and or Departments for consideration of approval, denial, and scheduling. Date application received: Received by: Clerk’s Office to complete the section below: Cc: Police Department Council Approval Date Fire Department Public Works Certificate of Insurance Waterloo Utilities Fee for Profit Events = $50.00 per event. Fee is WAIVED for events held or sponsored by educational, charitable, nonprofit, or religious organizations when the proceeds are devoted to the purposes of such organization. Fee Paid: Date Paid: Receipted by: Pursuant to Section 172-2 Waterloo Municipal Code Application for Special Event or Entertainment License Form created: 03/11/2004, Revised: 03/22/2017 Page 3 of 8 License Application Attachment 1 CITY OF WATERLOO INSURANCE REQUIREMENTS FOR SPECIAL EVENTS 1. The City of Waterloo requires submission of a Certificate of Insurance along with the Special or Entertainment Events Application prior to review by the City’s Government Operations Committee. 2. The Certificate of Insurance must include the following minimum limits of insurance coverage required for special events on City property: $300,000 Injury or death of one person; $1,000,000 for any one accident; $50,000 for Property Damage. 3. The City of Waterloo must be named on the Certificate of Insurance as primary, non-contributory additional insured under the general liability policy for the event. 4. The Certificate of Insurance must include the name of the special event, and the date, time and location of the event. 5. The City of Waterloo reserves the right to request a copy of the actual policy represented by the Certificate of Insurance. 6. No event will be allowed to proceed without receipt by the City of a valid Certificate of Insurance in full compliance with the above listed requirements. Any questions regarding these insurance requirements should be directed to the City Clerk’s Office at (920) 478-3025 Pursuant to Section 172-2 Waterloo Municipal Code Application for Special Event or Entertainment License Form created: 03/11/2004 Page 4 of 8 License Application SPECIAL EVENT or ENTERTAINMENT WORKSHEET NAME OF EVENT: DATE (S) OF EVENT: HOURS: LOCATION/PROPERTY: SAFETY PROCEDURES: 1) Will you be providing private on-site security? YES NO If yes, list security company name. Where will security be needed? What times will security be needed? Will WPD officers be required? YES NO Municipal estimation of cost: WPD Personnel @ $ /hour = $ 2) What are your plans for medical assistance? Municipal estimation of cost: WFD equipment/personnel @ $ hours= $ 3) Will there be fireworks at your event? YES NO Date of fireworks Time of Fireworks Name/Address of company supplying fireworks_______________________________________ Fire Marshall must be contacted for approval and consultation. SET UP / CLEAN UP PROCEDURES: 1) Name of person in charge of set up: ___________________________ phone #___________ 2) What time will set up begin: _________________________ 3) Name of clean up contact person: Cell Phone# 4) Estimated time for clean up after event: FEES AND PROCEEDS: 1) Will admission be charged for this event? YES NO If yes, how much: Adult Seniors__________ Students________ _ Children 5 & under________ Families_______________ 2) If a participant fee is charged, please indicate the amount: Booth: _________________ Concessionaire: Waterloo, WI Page 5 of 8 Worksheet 3) Will alcoholic beverage(s) be sold? YES NO If yes, what beverage and at what cost? ____________________________________________ 4) What does the Sponsor intend to do with any revenue over and above the expenditures? (If this is a first year event, please provide a budget. If it is a repeat event, provide last year’s financials.) ENTERTAINMENT AND PROMOTIONS: 2) List names of performers and entertainment groups: ________________________________________ _________________________________ ________________________________________ _________________________________ 2) Describe other entertainment / activities planned for your event: 3) How will your event be promoted? Television Radio Newspapers Posters Flyers other________________________________________________________________________ PUBLIC PROPERTIES PROCEDURES: If you are requesting city services, please complete the following area: 1) Will you need barricades? YES NO Purpose of barricades: Location of placement: ________________________________ Amount needed ____________ Date barricades needed_________________________ Time of placement_________________ Name of company providing service if other than City _________________________________ 2) Will you require electrical service(s) YES NO Entertainment: number of amps___________= ______________lines @ $20 Cost$__________ Equipment being used:__________________________________________________________ Location__________________________ Entertainer name_____________________________ Entertainment: number of amps__________=_______________lines@ $20 Cost $__________ Equipment being used: _________________________________________________________ Location: ________________________ Entertainer name______________________________ Waterloo, WI Page 6 of 8 Worksheet Concessions: _________________amps= _________________lines @ $20 Cost $__________ Equipment being used: _________________________________________________________ Location:_____________________________________________________________________ Concessions: _________________ amps=________________lines @ $20 Cost $___________ Equipment being used: _________________________________________________________ Location:_____________________________________________________________________ Name of company providing service if other than City: _________________________________ 3) Will you need fencing installed? YES NO Purpose of fencing: ____________________________________________________________ Location: _________________________________________ Amount: ____________________ Date needed______________________ Time needed_________________________ Estimated costs: _____________locations @ $100. = $____________ Total costs 4) Will parking considerations be needed YES NO Type(s)______________________________________________________________________ Location:_________________________________Amount______________________________ Date: _______________________________Time: ___________________________________ 5) Will picnic tables be needed? YES NO Location__________________________________________ Amount_____________________ Date needed: ____________________________ Time needed _________________________ Estimated cost(s) ___________Picnic tables @ $5.00 per table = $_______________________ 6) Is a street sweeper needed? YES NO Location _______________________________Date_______________ Time______________ Estimated cost(s) ________ hours @ __________= $__________ total cost Name of company providing service, if not City: ______________________________________ 7) Will you need additional trash bins? YES NO If yes how many requested? Cardboard trash bins ______ Barrels________ Where do you want them placed? _________________________________________________ Name of disposal company if other than the City: _____________________________________ Where will dumpster be place: ___________________________________________________ Waterloo, WI Page 7 of 8 Worksheet 8) Will water connection be needed? YES NO Location______________________________________Amount_________________________ Date___________________________ Time_______________________________ Estimated costs: ________connection(s) @ $20.00 = $_____________Total water costs Waterloo, WI Page 8 of 8 Worksheet 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 www.waterloowi.us ____________________________________________________________________________________ RESOLUTION #2026-48 WATERLOO CITY COUNCIL RESOLUTION TO APPROVE AMENDMENT NO. 3 TO LONG TERM POWER SUPPLY CONTRACT FOR PARTICIPATING MEMBERS The Common Council of the City of Waterloo, Wisconsin, does hereby ordain as follows: WHEREAS, the City of Waterloo (the "Member") is a member of WPPI Energy ("WPPI") and, like all other WPPI members, takes long-term all-requirements electric service from WPPI pursuant to a long- term power supply contract (each, a "Long Term Contract"); WHEREAS, the Long Term Contract between the Member and WPPI is that certain Long Term Power Supply Contract for Participating Members dated as of April 17, 1989, as amended (the "Member's Contract"); WHEREAS, the current term of the Member's Contract and each other Long Term Contract will expire on or before December 31, 2055; WHEREAS, WPPI's revenues under the Long Term Contracts have been pledged to secure the bonds issued by WPPI to finance ownership of WPPI's generating units and transmission assets; WHEREAS, it is necessary that WPPI members extend the existing terms of the Long Term Contracts in order to enable WPPI to plan for, obtain, contract for, purchase and finance new long-term power supply resources, including, but not limited to, new generating plants; WHEREAS, the Member desires that WPPI be able to secure and finance new long term power supply resources so that WPPI is able to continue serving the Member and all other members reliably and at competitive and stable rates under the Long Term Contracts over the long term and WPPI wishes to be able to make new long-term commitments in order to be able to do so; WHEREAS, the parties wish to extend the term of the Member's Contract, as set forth in the amendment referred to in the caption of this Resolution (the "Amendment"); and WHEREAS, the Waterloo Water and Light Commission has recommended that the City approve and execute the Amendment. NOW, THEREFORE, be it resolved by the Waterloo City Council: 1. That the Amendment, the form of which has been presented to the Waterloo City Council, is hereby approved; 2. That the Mayor and the City Clerk are directed to execute and deliver the Amendment to WPPI on behalf of the Member to be in substantially the form presented to the Waterloo City Council. The Mayor and City Clerk and other appropriate City officials, including the City Attorney, also are directed to take all other actions on behalf of the Member as may be necessary to effectuate the Amendment, subject to the requirement of Section 3 of the Amendment, which provides that if, by February 26, 2027, fewer than thirty-four (34) WPPI Participating Members approve an amendment extending the terms of their respective Long Term Contracts to midnight on December 31, 2073, the Amendment shall be null and void and shall have no force and effect; 3. That the Member agrees to be bound by the terms of the Amendment as executed by the Member. Introduced by:____________________________________ Moved by:_______________________________________ Seconded by:____________________________________ Passed by the Waterloo City Council on the 3rd day of September, 2026, and submitted to the Mayor and City Clerk on the 3rd day of September, 2026. Approved this 3rd day of September, 2026. ___________________________________ Mayor, Jeni Quimby ___________________________________ Print Name State of Wisconsin County of Jefferson I, ___________________________________, City Clerk of the City of Waterloo, Wisconsin, hereby that I have compared the above Resolution with the original instrument on file in my office and that the same is a true, complete and correct copy of said document. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Corporation Seal of the City of Waterloo, Wisconsin, this __________ day of __________________________________, 2026. ___________________________________ Interim City Clerk, Denise Knutson ___________________________________ Print Name 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 ____________________________________________________________________________________ RESOLUTION #2026-44 CREATION OF INFRASTRUCTURE RESERVE FUND The Common Council of the City of Waterloo, Wisconsin does hereby ordain as follows: WHEREAS, the City of Waterloo, Wisconsin ("City") recognizes that maintaining and improving public infrastructure is essential to the health, safety, economic vitality, and quality of life of the community; and WHEREAS, the City is responsible for planning, maintaining, repairing, replacing, and improving public infrastructure, including but not limited to streets, sidewalks, stormwater facilities, bridges, public buildings, parks and recreational facilities, public safety facilities, and other municipal infrastructure; and WHEREAS, infrastructure projects often require significant financial resources and long-term planning, and establishing dedicated reserves will assist the City in reducing reliance on short-term borrowing, minimizing future tax impacts, and providing greater financial stability and predictability for major capital projects; and WHEREAS, the City currently maintains a General Fund balance policy intended to preserve adequate working capital and provide resources for unforeseen circumstances; and WHEREAS, the City desires to establish a separate and dedicated Infrastructure Reserve Fund to receive eligible excess General Fund balances after the City's required General Fund reserves and other financial obligations have been satisfied; and WHEREAS, the establishment of an Infrastructure Reserve Fund will allow the City Council to dedicate surplus funds to future infrastructure needs while maintaining appropriate operating reserves within the General Fund; and WHEREAS, the City Council finds that the establishment of such a reserve is in the best financial interests of the City and its residents. THEREFORE, BE IT RESOLVED, by the Common Council of the City of Waterloo, Wisconsin, as follows: Section 1. Establishment of Infrastructure Reserve Fund There is hereby established a dedicated Infrastructure Reserve Fund of the City of Waterloo, Wisconsin, which shall be maintained as a separate municipal fund or assigned reserve account as determined appropriate by the City Treasurer-Deputy Clerk and consistent with generally accepted governmental accounting practices and applicable Wisconsin law. The fund shall be designated for the purpose of accumulating resources for significant, long-term infrastructure projects and capital improvements. Section 2. Purpose of the Fund The Infrastructure Reserve Fund may be used for the planning, design, engineering, acquisition, construction, reconstruction, replacement, rehabilitation, repair, or major maintenance of City infrastructure, including but not limited to: 1. Streets and roadways; 2. Bridges and culverts; 3. Sidewalks, trails, and pedestrian facilities; 4. Stormwater and drainage infrastructure; 5. Municipal buildings and facilities; 6. Public safety facilities and related infrastructure; 7. Parks and recreational infrastructure; 8. Major equipment or infrastructure systems necessary to support municipal operations; and 9. Other significant capital infrastructure projects approved by the Common Council. Routine operating expenses shall not be charged to the Infrastructure Reserve Fund unless specifically authorized by the Common Council as part of an eligible infrastructure project. Section 3. Funding of the Infrastructure Reserve Fund Beginning with the City's annual financial review, the City Treasurer-Deputy Clerk shall determine the amount of General Fund balance available for potential transfer after accounting for:  The City's adopted General Fund fund-balance policy;  Required working capital;  Outstanding obligations and encumbrances;  Budgetary requirements;  Unanticipated or emergency expenditures;  Other legally restricted or committed funds; and  Other financial obligations of the City. To the extent that the General Fund balance exceeds the City's established target reserve level, the City Council may transfer all or a portion of the eligible excess amount to the Infrastructure Reserve Fund by resolution or other appropriate Council action. No transfer shall reduce the General Fund below the minimum reserve level established by City policy unless specifically authorized by the Common Council. Section 4. Annual Review and Potential Transfer The City Treasurer-Deputy Clerk shall review the General Fund balance following the close of each fiscal year and provide a report to the Finance Committee and Common Council identifying: 1. The total General Fund balance; 2. The amount designated or reserved for operating purposes; 3. The amount available above the City's target General Fund reserve level; 4. The recommended amount, if any, available for transfer to the Infrastructure Reserve Fund; and 5. The current balance and anticipated uses of the Infrastructure Reserve Fund. Any transfer to the Infrastructure Reserve Fund shall require approval by the Common Council. Section 5. Use of Infrastructure Reserve Funds Expenditures from the Infrastructure Reserve Fund shall require approval of the Common Council and shall be limited to eligible infrastructure or capital purposes identified in this Resolution. The Common Council may authorize the use of funds for a specific project through the annual budget process, a budget amendment, resolution, or other action permitted by applicable law. Section 6. Relationship to Capital Improvement Planning The Infrastructure Reserve Fund shall be incorporated into the City's long-range capital improvement planning process. When preparing or updating the City's Capital Improvement Plan, City staff shall identify anticipated infrastructure projects and may identify the Infrastructure Reserve Fund as a potential funding source. The existence of funds in the Infrastructure Reserve Fund shall not obligate the City to undertake any particular project. Section 7. Investment of Funds Funds held in the Infrastructure Reserve Fund shall be invested in accordance with the City's investment policies and applicable Wisconsin law. Any interest or investment earnings attributable to the Infrastructure Reserve Fund shall remain in the fund unless otherwise directed by the Common Council. Section 8. Separate Accounting The City Treasurer-Deputy Clerk shall maintain appropriate accounting records identifying all revenues, transfers, expenditures, commitments, and balances associated with the Infrastructure Reserve Fund. The Infrastructure Reserve Fund shall be reported separately or otherwise clearly identified in the City's financial records and annual financial reporting. Section 9. No Automatic Expenditure Authority Establishment of the Infrastructure Reserve Fund does not constitute authorization to spend the funds contained therein. All expenditures shall remain subject to the City's annual budget, applicable budget amendments, purchasing requirements, and approval requirements established by Wisconsin law and City ordinance or policy. Section 10. Review of Policy The Common Council shall review the Infrastructure Reserve Fund policy periodically, and at least every five years, to determine whether the funding mechanism, reserve target, eligible uses, and transfer procedures remain appropriate for the City's financial condition and infrastructure needs. Section 11. Effective Date This Resolution shall take effect immediately upon its adoption by the Common Council of the City of Waterloo, Wisconsin. PASSES AND ADOPTED this _____ day of ______ 2026 City of Waterloo Signed: ______________________________________ Jenifer Quimby, Mayor Attest: _________________________________ Charles Kuhl, Council President Sponsor(s): City of Waterloo Finance, Insurance, and Personnel Committee 136 North Monroe Street Waterloo, Wisconsin 53594-1198 Phone (920) 478-3025 Fax (920) 478-2021 ____________________________________________________________________________________ RESOLUTION #2026-45 EXCESS GENERAL FUND BALANCE INTO THE INFRASTRUCTURE RESERVE The Common Council of the City of Waterloo, Wisconsin does hereby ordain as follows: WHEREAS, the City of Waterloo has a formal adopted policy to maintain a working capital general fund balance between 25% - 33% of the general fund budget; and WHEREAS, the City of Waterloo general fund balance may increase annually due to unexpected or increased revenue, reduced or limited spending, or gains from return of investments; and WHEREAS, the City of Waterloo conducts an annual independent audit of the City’s fiscal health; and WHEREAS, the City of Waterloo must financially prepare for the replacement and maintenance of infrastructure related costs within the City; and WHEREAS, the City of Waterloo has created an infrastructure Reserve Fund Account to be used for infrastructure related costs: THEREFORE, BE IT RESOLVED, by the City of Waterloo Common Council, that after the completion of the annual audit, the City of Waterloo shall designate any excess of the general fund balance above the 33%, to be transferred into the Infrastructure Reserve Fund Account and used consistent with the resolution creating that account. PASSES AND ADOPTED this _____ day of ______ 2026 City of Waterloo Signed: ______________________________________ Jenifer Quimby, Mayor Attest: _________________________________ Charles Kuhl, Council President Sponsor(s): City of Waterloo Finance, Insurance, and Personnel Committee 136 North Monroe Street Waterloo, WI 53594 Phone: (920) 478-3025 Fax: (920) 478-2021 www.waterloowi.us ____________________________________________________________________________ _______ ORDINANCE #2026-09 AN ORDINANCE UPDATING FUND DEBT POLICY C. The City of Waterloo will strive to maintain a balance relationship for financing its capital improvements through annual tax levy for street reconstruction and equipment purchases. through utilization of current revenues and issuance of long-term debt. The City recognizes that access to capital markets over the long term is dependent upon the City’s commitment to full and timely repayment of debt. (1) General guidelines: (a) The City may issue bonds and notes for purposes of financing its capital improvements, to refund existing debt, or on an emergency basis as approved by the City Council. Capital improvements include projects to acquire, plan, design, construct, improve and equip all or any part of the City’s facilities, systems or departments, promote economic development or to secure quality of life improvements. (a) (b)The City of Waterloo shall assess the fiscal impact of the debt prior to issuance. (b) (c) Total general obligation debt for the City of Waterloo should not exceed 3.75% of TID- Out equalized valuation. General obligation debt shall not exceed Wisconsin State statute limits of 5 percent (5%) of equalized valuation. The City should maintain at least 25 percent (25%) of its statutory general obligation debt capacity available at all times, which may be used only in the event of an emergency, as determined by the City Council. (c) Total annual debt service payments on tax supported debt, excluding tax increment finance debt, of the City of Waterloo will not exceed 15% of total general government operating revenues. (d) The City shall not incur debt obligations which have variable interest rates, negative amortization, or other risky attributes. (e) All tax supported debt obligations shall have a maximum maturity of the earlier of: (i) the estimated useful life of the capital improvements being financed; (ii) twenty years; or (iii) in the event they are being issued to refinancing outstanding debt obligation, the final maturity of the debt obligations being refinanced unless a longer term is recommended by the Finance Committee. Adopted at the Organizational meeting of the Common Council on ________, _________________, 2026. CITY OF WATERLOO ___________________________________ Jenifer Quimby, Mayor Attest: _________________________________ Denise Knutson, Interim City Clerk/Treasurer Date Adopted: _____________________ Date Published: ____________________