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Votes at a glance: Waverly council approves budget, multiple bond actions, development deals and airport contract

Waverly City Council · April 20, 2026
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Summary

The council unanimously adopted the FY2026–27 budget, approved several bond advertisements and financing steps, accepted a contingent airport contract, and approved development agreements and plats during its April 20 meeting.

The Waverly City Council on April 20 approved a slate of routine and capital items, including the city budget for fiscal year 2026–27, multiple bond advertising resolutions, development agreements, and an airport construction contract contingent on federal grants.

Key votes and outcomes - The council adopted Resolution 26-95 to approve the city budget for fiscal years 2026–27 and approved Resolution 26-94 authorizing city contributions to nongovernmental entities and defining the public benefits for those expenditures.

- The council approved advertising for bond sales: Resolution 26-91 (advertisement for $1,925,000 general obligation bonds, series 2026A) and Resolution 26-92 (advertisement for $2,600,000 local option sales and services tax revenue bonds, series 2026B), with roll-call approvals recorded in the transcript.

- The council set a date for a meeting on sewer revenue capital loan notes (Resolution 26-93) for up to $2,750,000.

- For airport improvements, staff presented plans and an estimated project cost of about $720,883 and explained FAA funding timing is uncertain. The council accepted the low bid from Boomerang Corporation of Anamosa, Iowa, in Resolution 26-100, authorizing the award contingent on receipt and execution of FAA grant agreements; the bid amount recorded in the motion was $429,433.

- Council approved development agreements with Downtown Dreamers LLC (Resolution 26-101) and Waverly Medical Park LLC (Resolution 26-102). Council asked about estimated home prices for the medical-park-related development; the presenter (Connie) said that information was not available at the time.

- The council approved a professional services agreement with Schneider and Associates for Hines Addition water and sanitary sewer final design (Resolution 26-86) not to exceed $232,600 and approved plats (Resolutions 26-98 and 26-99) related to single-family lot creation and marketing parcels.

- The council completed third readings and adopted Ordinance 1177 (alley vacation) and Ordinance 1178 (amendment to municipal code on bicycles).

Other business included proclamations (National Preservation Month, Foster Care Month, and Provider Appreciation Day), mayoral appointments, routine staff updates including Earth Day activities and bulky-item pickup schedules, and council member community remarks. The meeting adjourned by unanimous voice vote.