HomeMy WebLinkAboutA005 - Proceedings from March 28, 1995 meeting J
AMES CITY OF AMES
P.O. BOX 811 AMES IOWA 50010
Community-University-Opportunity
AMES CITY HALL
515 Clark Ave.
Ames, IA 50010
(515-239-5105)
City Clerk's
Office
April 5, 1995
Dorsey & Whitney
Attn: Jean Harrison
801 Grand, Suite 3900
Des Moines, Iowa 50309
Dear Jean:
Enclosed is one fully executed copy of the Minutes to set Date for
Hearing, Sale and Issuance of $10,035,000 General Obligation Corporate
Purpose Bonds, Series 1995. Resolution No. 95-131 was filed with the
County Auditor on March 30, and her certification is included. Also
included is the proof of publication of the Notice of Sale.
I will be discussing with you by phone further instructions regarding the
materials for the April 11 sale.
Please call me if you have questions about these documents or further
directions for me concerning the March 28 meeting. Thank you.
Sincerely,
Sandra L. Ryan
City Clerk
Enclosures
Ames 419370-15\1st 1/2 GBS(Hrg&Sale)
MINUTES TO SET DATE FOR HEARING,
SALE AND ISSUANCE OF BONDS
419370-15
Ames, Iowa
March 28, 1995
The Council of the City of Ames, Iowa, met on March 28, 1995, at 7:00
o'clock P .m., at the city council chambers in the City. The Mayor
presided and the roll was called showing the following Council Members present
and absent:
Present: RrnT m� ( aR1PbQ1 1T�n�frnan� g� �rs-r�'e�esee, `� 3
Absent: None
Council Member Wirth introduced the resolution
hereinafter next set out and moved its adoption, seconded by Council Member
Park. ; and after due consideration thereof by the Council, the
Mayor put the question upon the adoption of said resolution, and the roll being
called, the following named Council Members voted:
Ayes: Brown C l-�Ql11, Tjoffman1, Park--? Tpijacr-r) Wir"
Nays: None
Whereupon, the Mayor declared the said resolution duly adopted, as follows:
-1- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 41937415\1st 1/2 GBS(Hrg&Sale)
RESOLUTION NO. 95-131
To fix a date of meeting at which it is proposed to take action for the
sale of $10,035,000 General Obligation Corporate Purpose Bonds, Series
1995, and providing for an annual levy to pay the same
WHEREAS, the City of Ames, Iowa (the "City"), proposes to issue $10,035,000
General Obligation Corporate Purpose Bonds, Series 1995 (the "Bonds"), pursuant to
the provisions of Division III of Chapter 384 of the Code of Iowa for the purpose of
paying the cost, to that amount, of the construction, reconstruction and repair of
street improvements; the construction of a water project; the construction of storm
sewer improvements; the construction of solid waste facility improvements; and
the purchase of a fire truck, and it is necessary to fix a date of meeting of the Council
at which it is proposed to take action for the issuance of the Bonds and to give notice
thereof as required by such law; and
WHEREAS, the City desires to offer the Bonds for public sale and to provide
for the advertisement of such sale;
NOW, THEREFORE, It Is Resolved by the Council of the City of Ames, Iowa,
as follows:
Section. 1. This Council shall meet on the 11th day of April, 1995, at the
Council Chambers, Administrative Building, in the City, at 7:00 o'clock p.m., at
which time and place proceedings will be instituted and action taken for the
issuance of the Bonds.
Section 2. The City Clerk is hereby directed to give notice of the proposed
action for the issuance of the Bonds setting forth the amount and purpose thereof,
the time when and place where the said meeting will be held, by publication at least
once, and not less than four nor more than twenty days before the meeting, in a
legal newspaper published at least once weekly, and of general circulation in the
City. The notice shall be in substantially the following form:
-2- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370.15\1st 1/2 GBS(Hrg&Sale)
NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS FOR
THE ISSUANCE OF $10,035,000 GENERAL OBLIGATION
CORPORATE PURPOSE BONDS, SERIES 1995
The City Council of the City of Ames, Iowa, will meet on the 11th day of
April, 1995, at the Council Chambers, Administrative Building, in the City, at 7:00
o'clock p.m., for the purpose of instituting proceedings and taking action for the
issuance of $10,035,000 General Obligation Corporate Purpose Bonds, Series 1995 for
the purpose of paying the cost, to that extent, of the construction, reconstruction and
repair of street improvements; the construction of a water project; the construction
of storm sewer improvements; the construction of solid waste facility
improvements; and the purchase of a fire truck.
The Bonds, when issued, will constitute general obligations of the City,
payable from taxes levied upon all taxable property in the City.
At such time and place the Council shall receive oral or written objections
from any resident or property owner of the City. After receiving objections, the City
may determine to issue the Bonds, in which case, the decision will be final unless
appealed to the District Court within fifteen (15) days thereafter.
By order of the City Council and pursuant to Section 384.25 of the Code of
Iowa.
Sandra L. Ryan
City Clerk
-3- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 41937415\1st 1/2 GBS(Hrg&Sale)
Section 3. Sealed bids for the purchase of the Bonds shall be received and
canvassed on behalf of the City at 1:00 o'clock p.m. on the 11th day of April, 1995, at
the Council Chambers, Administrative Building, in the City, and the City Council
shall meet on the same date at 7:00 o'clock p.m., at the Council Chambers,
Administrative Building, in the City, for the purpose of considering such bids
received and considering and passing a resolution providing for the sale and
issuance of the Bonds.
Section 4. The City Clerk is authorized and directed to publish notice of
said sale, as provided by Chapter 75 of the Code of Iowa, in substantially the
following form:
-4- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370-15\1st 1/2 CBS(Hrg&Sale)
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 11th day of April, 1995, at the Council Chambers,
Administrative Building, 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 and canvassed. Thereafter such bids will be presented to the City
Council for consideration at its meeting to be held at 7:00 o'clock p.m. on the same
date at the Council Chambers, Administrative Building, Ames, Iowa, at which time
the Bonds 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
semiannually on each June 1 and December 1 to maturity, commencing December 1,
1995, and will mature on June 1 in the following years and amounts:
Principal Principal
Year Amount Year Amount
1996 $715,000 2004 $720,000
1997 $715,000 2005 $720,000
1998 $715,000 2006 $720,000
1999 $715,000 2007 $720,000
2000 $715,000 2008 $480,000
2001 $715,000 2009 $475,000
2002 $715,000 2010 $475,000
2003 $720,000
The right is reserved to the City to call and redeem all of the said Bonds
maturing in 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 a maturity by lot),
upon terms of par and accrued interest.
Bidders must specify a price of not less than $9,934,650, plus accrued interest.
The legal 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 and may be forfeited to the City in
the event the successful bidder fails or refuses to take and pay for the Bonds.
-5- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 41937415\1st 1/2 CBS(Hrg&Sale)
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 levied upon all the taxable property in the City without
limitation as to rate or amount.
Bidders should be aware that the official terms of offering to be published in
the 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 (except with respect to the time and place of the sale of the Bonds
and the principal amount offered for sale) and said official terms of offering, the
provisions of the latter shall control.
By order of the City Council of Ames, Iowa.
Sandra L. Ryan
City Clerk
-6- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370-15\1st 1/2 GBS(Hrg&Sale)
Section 5. The Bonds are hereby authorized to be issued subject to the
foregoing hearing and sale in accordance with specifications set out in the notice of
sale and for the purposes set out in the notice of hearing.
The Bonds shall bear interest at the rates to be determined by the Council at
the time of the public sale and a bond resolution will be adopted at that time
amending this resolution. For the purpose of providing for the levy and collection
of a direct annual tax sufficient to pay the principal of and interest on the Bonds as
the same become due, there is hereby ordered levied on all the taxable property in
the city the following direct annual tax:
For collection in the fiscal year beginning July 1, 1995,
sufficient to produce the net annual sum of $1,301,717.08;
For collection in each of the fiscal years beginning July 1, 1996
through and including July 1, 2009 a sum sufficient to pay principal
and interest as will be set out in the resolution authorizing the
issuance of the bonds and establishing their interest rates.
A certified copy of this resolution shall be filed with the County Auditor of
Story County and said Auditor shall be and is hereby instructed to enter for
collection and assess the tax hereby authorized.
Section 6. All resolutions or parts of resolutions in conflict herewith are
hereby repealed to the extent of such conflict.
Passed and approved March 28, 1995.
Mayor
Attest:
t\- 29zk�2-�
City Clerk
-7- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370-15\1st 1/2 GBS(Hrg&Sale)
On motion and vote, the meeting adjourned.
ayor
Attest:
su�L-
City Clerk
-8- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370-15\1st 1/2 CBS(11rg&Sale)
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned, Clerk of the aforementioned City, do hereby certify that
attached hereto is a true and correct copy of the proceedings of the Council of the
City relating to the fixing of a date for the initiation of the sale and issuance of
$10,035,000 General Obligation Corporate Purpose Bonds, Series 1995.
WITNESS MY HAND and the seal of the City hereto affixed this 28th
day of March 1995.
City Clerk
(Seal)
-9- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370-15\1st 1/2 GBS(lirg&Sale)
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned City Clerk, do hereby certify that the aforementioned City is
organized and operating under the provisions of Title IX of the Code of Iowa and
not under any special charter and that such City is operating under the
Mayor-Council form of government and that there is not pending or threatened any
question or litigation whatsoever touching the incorporation of the City, the
inclusion of any territory within its limits or the incumbency in office of any of the
officials hereinafter named.
And I do further certify that the following named parties are officials of the
City as indicated:
Larry R. Curtis Mayor
Sandra L. Ryan Clerk
Sherry Meier Treasurer
Pat Brown Council Member
Ann Campbell Council Member
Judie Hoffman Council Member
ohn Parkes Council Member
Ted Tedesco Council Member
Sharon Wirth Council Member
And I do further certify that the City has provided for the office of Treasurer,
and the Council has selected the Treasurer aforementioned.
WITNESS MY HAND and the seal of the City hereto affixed this 28th
day of March 1995.
City Clerk
(Seal)
-10- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 41937415\1st 1/2 GBS(Hrg&Sale)
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned, Clerk of the aforementioned City, do hereby certify that the
aggregate General Obligation indebtedness of the City, of every kind and nature
(excluding the current issue) evidenced by bonds and/or loan agreement notes, as
set forth in Schedule A, is (1) $ 23,495,000 , and as evidenced by other
obligations, as set forth in Schedule B, is (2) $ 0 , and that the City
currently has urban renewal tax increment revenue obligations outstanding in the
total aggregate principal amount of (3) $ 0 as set forth in
Schedule C.
(1) Insert amount of General Obligation Debt represented by general obligation
bonds and/or loan agreement notes
(2) Insert amount of other obligations
(3) Insert amount of urban renewal tax increment revenue bonds
SCHEDULE A (BOND/LOAN AGREEMENT NOTE DEBT)
Date of Maturity
Issue Type Amount Date
(List annual principal payments)
10/01/79 Corporate $ 500,000 June 1, 1995
Purpose $ 500,000 1996
$ 200,000 1997
$ 200,000 1998
$ 200,000 1999
$1,600,000
05/01/87 Corporate $ 50,000 December 1, 1995
Purpose $ 50,000 1996
$ 50,000 1997
$ 50,000 1998
$ 50,000 1999
$ 50,000 2000
$ 50,000 2001
$ 50,000 2002
$ 400,000
-11- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 41937415\1st 1/2 GBS(Hrg&Sale)
SCHEDULE A (BOND/LOAN AGREEMENT NOTE DEBT) - CONTINUED
Date of Maturity
Issue Type Amount Date
(List annual principal payments)
01/01/89 Sewer $ 225,000 June 1, 1995
Improvement $ 225,000 1996
$ 450,000
05/01/91 Refunding Bonds $ 430,000 June 1, 1995
$ 420,000 1996
$ 400,000 1997
$ 385,000 1998
$1,635,000
$5,910,000 General Obligation Corporate Purpose Bonds
Dated June 1, 1992
Maturing Principal Interest Rate Maturing Principal Interest Rate
June 1 Amount Per Annum June 1 Amount Per Annum
1995 $300,000 5.40% 2000 $625,000 5.60%
1996 $610,000 5.40% 2001 $625,000 5.65%
1997 $625,000 5.40%v 2002 $625,000 5.75%
1998 $625,000 5.40% 2003 $625,000 5.80%
1999 $625,000 5.45% 2004 $625,000 5.90%
$7,960,000 General Obligation Refunding Bonds--
Dated February 15, 1993
Maturing Principal Interest Rate Maturing Principal Interest Rate
June 1 Amount Per Annum Tune 1 Amount Per Annum
1995 $295,000 4.70% 2002 $755,000 4.90%
1996 $285,000 4.70% 2003 $765,000 5%
1997 $705,000 4.75% 2004 $780,000 5%
1998 $720,000 4.75% 2005 $380,000 5%
1999 $715,000 4.75% 2006 $370,000 5.10%
2000 $730,000 4.75% 2007 $365,000 5.10%
2001 $740,000 4.80% 2008 $355,000 5.10%
-12- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 41937415\1st 1/2 GBS(Hrg&Sale)
SCHEDULE A (BOND/LOAN AGREEMENT NOTE DEBT) - CONTINUED
$3,525,000 General Obligation Corporate Purpose Bonds, Series 1994A
Dated January 1, 1994
Maturing Principal Interest Rate Maturing Principal Interest Rate
June 1 Amount Per Annum June 1 Amount Per Annum
1995 $420,000 3.95% 2000 $290,000 4%
1996 $420,000 4% 2001 $290,000 4%
1997 $415,000 4% 2002 $290,000 4%
1998 $410,000 4% 2003 $290,000 4.10%
1999 $410,000 4% 2004 $290,000 4.10%
General Obligation Corporate Purpose Bonds, Series 1994B
Dated October 1, 1994
Maturing Principal Interest Rate Maturing Principal Interest Rate
June 1 Amount Per Annum June 1 Amount Per Annum
1995 $170,000 4% 2001 $170,000 5.10%
1996 $170,000 4.25% 2002 $165,000 5.20%
1997 $170,000 4.50% 2003 $165,000 5.30%
1998 $170,000 4.75% 2004 $165,000 5.40%
1999 $170,000 4.85% 2005 $165,000 5.40%
2000 $170,000 5% 2006 $165,000 5.50%
(Please list here or attach a separate maturity schedule for any other
outstanding issues of general obligation bonds and/or loan agreement
notes.)
-13- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419374-15\1st 1/2 GBS(Hrg&Sale)
SCHEDULE B (OTHER GENERAL OBLIGATIONS)
Type of General Obligation Amount
(Here list any other obligations of the City which extend beyond the
end of the current fiscal year, such as long-term leases, installment
sales contracts, etc. If there are none, please insert the word "none".
Please consult with either our office or Evensen Dodge Inc before
completing this section.)
None
SCHEDULE C (URBAN RENEWAL TAX INCREMENT REVENUE OBLIGATIONS)
Principal Amount
Date Name of Issue Outstanding
(Please list here or attach a separate maturity schedule for any
outstanding urban renewal tax increment revenue obligations.)
WITNESS MY HAND and the seal of the City hereto affixed this 28th
day of March 1995.
L
City Clerk
(Seal)
-14- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
Ames 419370-15\1st 1/2 GBS(Hrg&Sale)
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned, Clerk of the aforementioned City, do hereby certify that
pursuant to the resolution of its Council fixing a date of meeting at which it is
proposed to take action for the sale and issuance of $10,035,000 General Obligation
Corporate Purpose Bonds, Series 1995, the notices, of which the printed slips
attached to the publisher's affidavits hereto attached are true and complete copies,
were published on the date and in the newspaper specified in such affidavits, which
newspaper is located in Story County or in a county contiguous thereto and has a
general circulation in the City.
WITNESS MY HAND and the seal of the City hereto affixed this 5th day
of April 1995.
vL�
City Clerk
(Seal)
(Attach here publisher's original affidavits with clippings of the notices as
published.)
(PLEASE NOTE: Do not sign and date this certificate until you have checked a copy
of each of the published notices and have verified that they were published on the
date indicated in the publisher's affidavits.)
-15- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
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
j Hall, 515 Clark Avenue, Ames, Iowa, for the
purchase of.$10,035,000 General •Obligation
Corporate Purpose Bonds,'Series 1995, of the
City, at which time such bids will be'opened
and canvassed. Thereafter such bids will be
presented to " the City$ 'Council for
m '
consideration at its eetin i o:be held,-at.7
o'clock p,m�tnn'the same .date at the City
Proof Of Publication in council Chamber.$;:`Ames City.Ha11, 515 Clark
Avenue, Ames, Iowa, atwhich time the Bonds
DAILY TRIBUNE will be sold to,the.best bidder far cash. No
open bids willbe'accepted. ;„
The Bonds will be issued as fully registered
bonds in denominations cof..'$5,000 or any
integral multiple thereof,,will be dated May
1, 1995, will ',;beat•.;,;-interest payable
STATE OF IOWA,STORY COUNTY,Ss. semiannually on,:each'June 12�add December-1
,to maturity, commencing ,December 1, 1995;
and will mature` on June 1 4n the following
I,Craig McMullin/Joan Rost,on oath depose `years and amounts;.
and say that I am President/Controller Peat Principal Amount
;996 ^j715;000
of DAILY TRIBUNE,a daily newspaper,printed 1997 $�15,00a
at Ames,Story County,Iowa;that the annexed 1998 $715,000
1999 $715,OOp
printed 2000 $715,000
j 2001 $715000
1 2002 $715:000
CITY OF AMES 2003 2004 $720:$720,000000
NOTICE OF SALE:CORPORATE PURPOSE BONDS 2005 $720,000
2006 $720,000
2007 $720,000
2008 $480,000
was published in said newspaper for 1 2009 $475,000
2010 - $475,000
consecutive week(s) The 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
the years 2004 to 2010, inclusive, in whole or
29th day of March, 1995 from time to time in part, In one or more
units of $5,000, prior'to,maturity (and within
a maturity by lot), upon terms of par and
accrued interest.
• i`1 Bidders must specify a price of not less than
t3 �vJ $9,934,650, plus accrued interest. The legal
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
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
in and for the State of Iowa terms of offering to be published in the
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 I ,
Published,in The Daily Tribune March 29,
to 1995.
ARYANNE/B/E{J�(��
i"'Ei CITY OF AMES
I I
P.O. BO 0
Community-University-Opportunity
ar ve.
Ames, IA 50010
(515-239-5105)
City Clerk's
Office
March 29, 1995
Judy R. Emmons
Story County Auditor
Story County Courthouse
Nevada, Iowa 50201
Dear Judy:
I have enclosed a certified copy of the proceedings of the March 28, 1995
Ames City Council meeting, including Resolution No. 95-131 to set a date
of hearing for the sale and issuance of $10,035,000 General Obligation
Corporate Purpose Bonds, Series 1995, and providing for an annual levy
to pay the same.
In addition, I will be sending you four copies of a certificate confirming
that a certified copy of the enclosed resolution was filed in your office
prior to April 1, 1995, but the certificate probably won't be prepared by
our bond counsel until tomorrow. When you receive them, would you
please complete all copies, keep one for your files, and return the other
three originals to my office?
As always, Judy, if you have any questions, please call me at 239-5262.
Thank you!
Sincerely,
Sandra L. Ryan
City Clerk
Enclosures
Ames 419370-15\1st 1/2 CBS(Hrg&Sale)
STATE OF IOWA
SS:
COUNTY OF STORY
I, the undersigned, County Auditor of the aforementioned County, in the
State of Iowa, do hereby certify that on the W day of March, 1995, the City
Clerk of the City of Ames filed in my office a certified copy of a resolution of such
City shown to have been adopted by the Council on March 28, 1995, entitled: "To fix
a date of meeting at which it is proposed to take action for the sale of $10,035,000
General Obligation Corporate Purpose Bonds, Series 1995, and providing for an
annual levy to pay the same," a.d that I have duly placed the copy of the resoA.
lution
on file in my records.
I further certify that the taxes provided for in that resolution will in due time,
manner and season be entered on the State and County tax lists of this County for
collection in the fiscal year beginning July 1, 1995, and subsequent years as provided
in the resolution.
WITNESS MY HAND and the seal of the County hereto affixed this
day of March, 1995.
unty ditor
er
(Seal)
-16- (Revised)
DORSEY&WHITNEY P.L.L.P.,ATTORNEYS,DES MOINES,IOWA
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned, Clerk of the aforementioned City, do hereby
certify that pursuant to the resolution of its Council fixing a date of
meeting at which it is proposed to take action for the sale and issuance of
$10,035,000 General Obligation Corporate Purpose Bonds, Series 1995, the
notice, of which the printed slip attached to the publisher's affidavit
hereto attached is a true and complete copy, was published on the date and
in the newspaper specified in such affidavit, which newspaper is located in
Story County or in a county contiguous thereto and has a general circulation
in the City.
WITNESS MY HAND and the seal of the City hereto affixed this 7th
day of April, 1995.
Sandra L. Ryan, Cit Clerk
Proof of Publication in
DAILY TRIBUNE
LEGAL NOTIC5
STATE OF IOWA,STORY COUNTY,ss.
NOTICE OF PROPOSED ACTION TO
INSTITUTE PROCEEDINGS FOR THE
I,Craig McMullin/Joan Rost,on oath depose ISSUANCE OF $10,035,000
and say that I am President/Controller GENERAL OBLIGATION
CORPORATE PURPOSE BONDS, SERIES 1005
of DAILY TRIBUNE,a daily newspaper,printed The City Council of the city of Ames, "
at Ames,Story County, Iowa;that the annexed Iowa, will meet on the Ilth day of April,
1995, at the Council Chambers, Administrative
printed
Building, in the City, at 7f00 p.m.; for the
CITY OF AMES purpose of instituting proceedings and taking
action for the issuance of $10,035,000 General
NOTICE OF PROPOSED ACTION:ISSUANCE OF BONDS Obligation Corporate Purpose Bonds, Series
1995 for the purpose of paying"the 'cost, to i
that extent, of the construction,
reconstruction and repair "of street
was published in said newspaper for 1 improvements; the construction of a water
project; the construction of storm sewer
consecutive week(s) improvements; the construction of solid waste
and the last of said publication was on the facility improvements; and the purchase of a
p fire truck.
7th day of April, 1995 The Bonds, when issued, will constitute
general obligations of the City, payable from
taxes levied upon all taxable property in the
City. .
At such time and place. the Council shall
receive oral or written objections from any
L rresident or property owner of the City. After
receiving objections, the City may determine
ito issue the Bonds, In which case, the
decision will be final unless appealed to the
District Court within fifteen (15) days
Swom to before and subscribed in my thereafter.
presence by Craig McMullin Joan Rost By order of the City Council and pursuant
Ito Section 384.25 of the Code of Iowa.
this 10th day of April,1995 Sandra L. Ryan, City Clerk
Published in The Daily Tribune April 7,1995.
L Notary Public
in and for the State of Iowa
F
FEES,$12.15 TIFFANY A. VVALKER
NO:27942 t 3,'%a1gg
AMES05