HomeMy WebLinkAboutA006 - IRS Form 8038 For, 8038 Information Return for Tax-Exempt
(Ave. March 1"3) Private Activity Bond Issues OMe No. 1545-0729
Owart"Wt of ma rraasury (Under Internal Revenue Cods section 149(s))
Inlarnai Raw�va Se-ca 0- see separate instructions.
Reporting Authority If Amended Return, check here ► ❑
1 Issuerb name 2 Issuer's employer identificaton number
CITY OF AMES, IOWA 4 2 : 6004218
2 Number and street(or P.O. box if mail is not delivered to street address) Room/suite 4 Report number
City Hall, 515 Clark Avenue PA19 94 -1
S City or town.state.and 21P code 6 Date of issue
Ames, Iowa 50010 1-3-94
7 Name Of issue a CUSIP number
Commercial DeveloFnent Revenue Refunding Bonds, Series 1991 None
Type of Issue (check applicable box(es) and enter the issue price for each) Issue Price
9 Exempt facility bond:
a ❑ Airport (sections 142(a)(1) and 142(c)) . . . . . . . . . . . . . . . . . . 9a
b ❑ Docks and wharves (sections 142(a)(2) and 142(c)) . . . . . . . . . . . . . . . 9b
c ❑ Mass commuting facilities (sections 142(a)(3) and 142(c)). . . . . . . . . . . . . 9c
d ❑ Water furnishing facilities (sections 142(a)(4) and 142(e)) . . . . . . . . . . . . . 9d
e ❑ Sewage facilities (section 142(a)(5)) . . . , . . . . . . . . • . , . , . . . 9e
f ❑ Solid waste disposal facilities (section 142(a)(6)). . . . . . . . . . . . . . . . 9f
g ❑ Qualified residential rental projects (sections 142(a)(7) and 142(d)), as follows:. . . . . . 99
Meeting 20-50 test (section 142(d)(1)(A)) . . . . . . . . . . . ❑
Meeting 40-60 test (section 142(d)(1)(B)) . . . . . . . . . . . ❑ /
Meeting 25-60 test (NYC only) (section 142(d)(6)) . . . . . . . . ❑ /
Has an election been made for deep rent skewing (section 142(d)(4XB))? ❑Yes ❑ No
h ❑ Facilities for the local furnishing of electric energy or gas (sections 142(a)(8) and 142(f)) 9h
I ❑ Local district heating or cooling facilities (sections 142(a)(9) and 142(g)). 9i
j ❑ Qualified hazardous waste facilities (sections 142(ax10) and 142(h)) . . . . , . . . . 9i
k El intercity rail facilities (sections 142(a)(11). 142(c), and 142n). 9k
Check box if the owner elected not to claim depreciation or any tax credit(see instructions) ► ❑ /ice//
1 ❑ Environmental enhancements of hydroelectric generating facilities (sections 142(a)(12) and
1420)) . • . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91
m ❑ Facilities allowed under a transitional rule of the Tax Reform Act of 1986 (see instructions) 9m
Facilitytype -•••............................•---..................•-----•----....
1986 Act section... .............•---.....--------.......--------•------•------••---------•--.
10 ❑ Qualified mortgage bond (section 143(a)) (see instructions) . . . . . . . . . 10
If you elect to rebate arbitrage profits to the United States, check box . . , . . ► ❑
11 ❑ Qualified veterans' mortgage bond (section 143(b)). . . . . . . . . . . . . 11
If you elect to rebate arbitrage profits to the United States, check box . . . . . ► ❑
12 ® Qualified small issue bond (section 144(a)) (see instructions). . . . . . . . . . 12 436 , 843
For$10 million small issue exemption, check box . . . . . . . , . . . , ► ❑
13 ❑ Qualified student loan bond (section 144(b)) . . . . . . . . . . . . . . . . 13
14 ❑ Qualified redevelopment bond (section 144(c)) . . . . . . . . . . . . . . . . 14
15 ❑ Qualified hospital bond (section 145(c)) (attach schedule-see instructions) . . . . . . 15
16 ❑ Qualified 501(c)(3) bond other than a qualified hospital bond(attach schedule-see instructions) 16
17 ❑ Nongovernmental output property bond (treated as private activity bond) (section 141(d)) . 17
18 ❑ Other. Describe see instructions ► 18
Description of Bonds
(a) (b) (c) (d) (e) M (g)
Maturity date Interest rate issue price Stated redemption Weighted average Yjeld Nei
pace at maturity maturity irnerest cost
• 19 Final maturity. 03-01-00 7.0 % $ 7 286 $7,286
20 Entire issue $ 436 843 $ 436,843 1 3.42 years 1 7.0 % 7.0 %
For Paperwork Reduction Act Notice, see page 1 of the Instructions. Cat. No.49973K For, 80U (Rev.3-93)
Form 8038(Rev 3.93) page 2
Uses of Original Proceeds of Issue (including underwriters' discount) Amount
21 Proceeds used for accrued interest . . . . . . . . . . . . . . . . . . . . . 21 —0
22 Issue price of entire issue (enter amount from line 20, column (c)) . . . . . . . . . . . 22
23 Proceeds used for bond issuance costs (including underwriters' discount) 23
24 Proceeds used for credit enhancement . . . . . . . . . . . . 24
25 Proceeds allocated to reasonably required reserve or replacement fund . 25
26 Proceeds used to refund prior issues (complete Part VI) 26 436 8 4 3
27 Total (add lines 23 through 26) . . . . . . . . . . . . . . . . . . . . . . . 27 i36, 843
28 Nonrefunding proceeds of the issue subtract line 27 from line 22 and enter amount here 28 —0—
Description of Property Financed by Nonrefunding Proceeds
(Do not complete for qualified student loan bonds, qualified mortgage bonds,or qualified veterans' mortgage bonds.)
29 Type of Property Financed by Nonrefunding Proceeds: Amount
a Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29a
b Buildings and structures . . . . . . . . . . . . . . . . . . . . . . . . 29b
c Equipment with recovery period of more than 5 years . . . . . . . . . . . . . . 29c
d Equipment with recovery period of 5 years or less . . . . . . . . . . . . . . . . 29d
e Other (describe). 29e
30 Standard industrial classification (SIC) of the projects financed by nonrefunding proceeds.
SIC Code Amount of nonrefunding proceeds SIC Code Amount of nonrefunding proceeds
a $ c $
b $ d $
Description of Refunded Bonds (Complete this part only for refunding bonds.)
31 Enter the remaining weighted average maturity of the bonds to be refunded . . . . . . . . ► 3 . 46 years
32 Enter the last date on which the refunded bonds will be called . . . . . . . . . . . . . ► 1—3—9 4
33 Enter the date(s) the refunded bonds were issued ► 1-2-92
Miscellaneous
34 Name of governmental unit(s) approving issue (see instructions) ►•City of Ames Iowa - _City Co 1
December_ 28 , 1993
--• ------------------------------•---.............-••---..•-••-
35 Enter the amount of the bonds designated by the issuer under section 265(b)(3)(13)()(111). . . . . ► —0—
36 If you have elected to pay a penalty in lieu of rebate, check box ► ❑
Volume Cap Amount
37 Amount of volume cap allocated to the issuer. Attach copy of state certification 37 —0-
38 Amount of issue subject to the unified state volume cap . . . . . . . . . . . . 38 —0
39 Amount of issue not subject to the unified state volume cap or other volume limitations:
a Of bonds for governmentally owned solid waste facilities, airports,docks, wharves, environmental
enhancements of hydroelectric generating facilities, or high-speed intercity rail facilities. . 39a
b Under a carryforward election. Attach a copy of Form 8328 to this return . , , . , , . 39b
c Under transitional rules of the Tax Reform Act of 1986. . . . . . . . . . . . . . . 39c
Enter the Act section of the applicable transitional rule. . . . . . . ►....._.._.__ FZ/FEWWWWW�WR�
d Under the exception for current refunding (section 1313(a) of the Tax Reform Act of 1986). 39d 436 , 843
40 Amount of issue of qualified 501(c)(3) bonds:
a Qualified hospital bonds . . . . . . . . . . . . . . . . . . . . . . . . 40a
b Qualified nonhospital bonds. . . . . . . . . . . . . . . . . . . . . . . 40b
c Outstanding tax-exempt nonhospital bonds . . . . . . . . . . . . . . . . . . 40c
41a Amount of issue of qualified veterans' mortgage bonds . . . . . . . . . . . . . . 41a
b Enter the state limit on uatified veterans' mortgage bonds . 41b
Under penalties of ury.I tleclara "t yhave ex fined this return, and accompanying schedules and statements,and to the test of rry knovdedge
and belief,they a true,correct, ydm_L
Please
January 3, 1994
Sign
' Signature of officer ' Date
Here harry is Mayor _•_
Name of above officer(type or print) Title of officer(type or print)
'U.S.Gwerrrn+em Porting Oft*: 1993—343-03AJWI t