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HomeMy WebLinkAboutA003 - Proof of publication dated March 29, 1995 LEGAL NOTICE NOTICE OF SALE City of Ames, Iowa $10,035,000 General Obligation Corporate Purpose Bonds, Series 1995 Sealed bids will be received on behalf of the City of Ames, Story County, Iowa until 1:00 o'clock p.m. on the Ilth day of April, 1995, at the Council Chambers, Ames City Hall, 515 Clark Avenue, Ames, Iowa, for the purchase of $10,035,000 General Obligation Corporate Purpose Bonds, Series 1995, of the City, at which time such bids will be opened land canvassed. Thereafter such bids will be ;presented to the City Council for consideration at its meeting to be held at 7 O'clock p.m. on the same date at the City Proof of Publication in Council Chambers, Ames City Hall, 515 Clark Avenue, Ames, Iowa, at which time the Bonds DAILY TRIBUNE will be sold to the best bidder for cash. No open bids will be accepted. The Bonds will be issued as fully registered bonds in denominations of $5,000 or any integral multiple thereof, will be dated May 1, 1995, will bear interest payable STATE OF IOWA,STORY COUNTY,ss. semiannually on each June 1 and December 1 to maturity, commencing December 1, 1995, and will mature on June 1 in the following I,Craig McMullin/Joan Rost,on oath depose years and amounts: and say that I am President/Controller Year Principal Amount lsss $715,000 of DAILY TRIBUNE,a daily newspaper,printed 1997 $715,000 at Ames,Story County,Iowa;that the annexed 1998 $715,000 1999 $715,000 printed 2000 $715,000 2001 $715,000 2002 $715,000 CITY OF AMES 2003 $720,000 NOTICE OF SALE:CORPORATE PURPOSE BONDS 2004 $720,000 Zoos $720,000 2006 $720,000 2007 $720,000 2008 $480,000 was published in said newspaper for 1 2009 $475,000 10 $475,000 consecutive week(s) 20The right is reserved to the City to call and the last of said publication was on the and redeem all of the said Bonds maturing in 29th day of March, 1995 the years 2004 to 2010, inclusive, in whole or from time to time in part, in one or more units of $5,000, prior to maturity (and within e maturity by lot), upon terms of par and as accrued interest. � C Bidders must specify a price of not less than �ry $9,934,650, plus accrued interest. The legal a. opinion of Dorsey & Whitney P.L.L.P., Attorneys, Des Moines, Iowa, will be furnished by the City. A good faith deposit of $100,350 is required Sworn to before me and subscribed in my and may be forfeited to the City in the event presence by Craig McMullin/Joan Rost the successful bidder fails or refuses to take and pay for the Bonds. this 30th day of March, 1995 The City reserves the right to reject any or all bids and to waive irregularities in any bid. The Bonds are being issued pursuant to the Provisions of Division III of Chapter 384 of the Code of Iowa and will constitute general obligations of the City, payable from taxes I levied upon all the taxable property in the ,Notary Public City without limitation as to rate or amount. Bidders should be aware that the official terms of offering to be published in the in and for the State of Iowa Official Statement for the Bonds contain additional bidding terms and information relative to the Bonds. In the event of a variance between statements in this Notice of Sale (exeept with respect to the time and place of the sale of the Bonds and the FEES,$28.45 principal amount offered for sale) and said NO:27914 official terms of offering, the provisions of the latter shall control. AMES05 By order of the City Council of Ames, Iowa. Sandra L. Ryan, City Clerk Published in The Daily Tribune March 29, 2 Pw 8' 1995. ARYANNE BE -fir 55