HomeMy WebLinkAboutA004 - Letter from Dorsey & Whitney dated March 12, 1993 - proceedings DonSEY & WHITNEY
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DES MOINES RESIDENT PARTNERS 801 GRAND, SUITE 3900 MINNEAPOLIS,MINNESOTA
DES MOINES, IOWA 50309 NEW YoRE,NEW YORE
ROBERT H.HELMICE (515) 283-1000 WASHINGTON,D.C.
DAVID L.CLAYPOOL DES MOINES' IOWA
FAX (515) 283-1060
ROHERT E.JOSTEN ROCHESTER,MINNESOTA
EDWIN N.McINTOSH BILLINGS,MONTANA
NORENE D.JACOBS GREAT FALLS,MONTANA
MISSOULA,MONTANA
LINDA L.ENIEP
LONDON,ENGLAND
March 12, 1993 BRUSSELS,BELGIUM
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Sandra L. Ryan
City Clerk j L
51993
City Hall
P. O. Box 811 CITY CLERK
515 Clark Avenue ' MY OF MASS,IOWA
Ames, Iowa 50010
Re: Ames, Iowa
Not to Exceed $23,500,000 Electric Revenue Refunding Bonds
Dear Ms. Ryan:
Based upon the information provided to us by Evensen Dodge, Inc., we have
prepared and enclose proceedings to set March 23rd as the date for the hearing on
the issuance of the captioned Bonds and to authorize the City Manager and Finance
Director to set the terms of and date for the sale of the Bonds and to provide for the
advertisement thereof. The enclosed proceedings basically follow the same format
as the proceedings prepared for the General Obligation Bonds last month, except that
in addition to authorizing Steve and Alice to designate a sale date, the enclosed
resolution also authorizes them to fix the amount of the Bonds and the principal
maturities, within fixed parameters: the Bonds may not exceed $23,500,000 and
must mature on January 1 in each of the years 1994-2008, inclusive.
The proceedings enclosed are as follows:
V 1. Minutes of the March 16th Council meeting to fix the time and place
for the hearing on the issuance of the Bonds and to authorize the City Manager and
Finance Director to fix the terms of and proceed with the sale of the Bonds, with
resolution following.
N/' The form of notice of hearing is set out under Section 2 of the resolution, and
an extra copy is enclosed for completion and delivery to the publisher.
U, The form of notice of sale is set out under Section 4 of the resolution, and an
extra copy is enclosed for completion and delivery to the publisher.