HomeMy WebLinkAboutA001 - Letter from Dorsey & Whitney dated March 28, 1995 DoxSEY & WHITNEY
PROFESSIONAL LIMITEB LIABILITY PARTNERSHIP
DES MOINES RESIDENT ATTORNEYS 801 GRAND, SUITE 3900 MINNEAPOLIS,MINNESOTA
DES MOINES, IOWA 50309-2790 NEW YORK,NEW YORK
ROBERT H. HELMICK (515) 283-1000 WASHINGTON,D.C.
DAVID L.CLAYPOOL DENVER,COLORADO
FAX (515) 283-1060
ROBERT E.JOSTEN FAROO,NORTH DAKOTA
EDWIN N. McINTOSH ROCHESTER,MINNESOTA
NORENE D.JACOBS BILLINGS,MONTANA
DENNIS W. JOHNSON
GREAT FALLS,MONTANA
STEVEN J. DICKINSON MISSOULA,MONTANA
JEFFREY M.HURLBURT ORANGE COUNTY,CA
LONDON,ENGLAND
DAVID D.GROSSKLAUS
BRUSSELS,BELGIUM
March 28, 1995
Sandra L. Ryan
City Clerk
City Hall
P.O. Box 811
515 Clark Avenue
Ames, Iowa 50010
Re: Ames, Iowa
$10,035,000 General Obligation Corporate Purpose Bonds, Series 1995
Our File No. 419370-15
Dear Sandra:
Based upon our discussions with Alice Carroll, we have prepared proceedings
for tonight's meeting which include a provision for the levy of taxes for the fiscal
year beginning July 1, 1995.
The state mandatory levy law provides that the resolution providing for the
issuance of bonds and the levy of taxes must be filed with the County Auditor prior
to April 1, 1995 in order to support a levy of taxes for the fiscal year beginning July 1,
1995.
We originally planned to adopt the issuance resolution on March 28th at the
time of sale and file the levying resolution with the County Auditor the next day,
however, since the sale is now being held after April 1st it is necessary to file a pre-
levy resolution to comply with this provision of the law.
The actual annual levies will still be provided in the bond resolution based
upon the actual sale results and that will then be filed with the County Auditor
amending this pre-levy.
We have enclosed a certificate for exection by the County Auditor confirming
that a certified copy of the enclosed resolution has been filed prior to April 1, 1995.
DORSEY & WHITNEY
Page 2
If there is any question concerning this matter, please don't hesitate to give us
a call.
Sincerely o s,
Ro rt H. Helmick
RHH:cdm
Ames/419370-15/1st 1/2 GBS
Enclosures
cc: Steven Schainker
Alice Carroll
Dave Dirks