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HomeMy WebLinkAboutA008 - Letter to Dorsey & Whitney dated September 22, 1995CITY OF AMES P.O. BOX811 AMES IOWA 50010 Community-Univen,ity-Opportunity AMES CITY HALL 515 Clark Ave. Ames, IA 50010 (515-239-5105) City Clerk's Office September 22, 1995 Dorsey & Whitney Attn: Jean Harrison 801 Grand, Suite 3900 Des Moines, Iowa 50309 Dear Jean: Thank you for sending me the proceedings for the September 26 meeting (bond sale). Enclosed is the publisher's affidavit of the Notice of Sale, and my certification, for the General Obligation Corporate Purpose Bonds, Series 1995B. I'll process the materials from the 26th as quickly as possible. Thank you! Sincerely, Sandra L. Ryan 11 City Clerk Enclosure Ames/419370-16/2nd 1/2 Hrg only/1st 1/2 Auth STATE OF IOWA COUNTY OF STORY SS: CITY OF AMES I, the undersigned, City Clerk of the aforementioned City, do hereby certify that pursuant to a resolution of its Council fixing a date for the sale of General Obligation Corporate Purpose Bonds, Series 1995B, the notice of sale, 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. WITNESS MY HAND, and the seal of the City hereto affixed this c day off 1"j 1995. City Clerk (Seal) (Attach here publisher's original affidavit with clipping of the notice of sale as published.) (PLEASE NOTE: Do not sign and date this certificate until you have checked a copy of the published notice and have verified that it was published on the date indicated in the publisher's affidavit.) -6- DORSEY & WHITNEY P.L.L.P., ATTORNEYS, DES MOINES, IOWA 4 Proof of Publication in DAILY TRIBUNE STATE OF IOWA, STORY COUNTY, ss. 1, Craig McMullin / Joan Rost, on oath depose and say that I am President / Controller of DAILY TRIBUNE, a daily newspaper, printed at Ames, Story County, Iowa; that the annexed printed CITYOF AMES NOTICE OF SALE OF GENERAL OBLIGATION BONDS was published in said newspaper for 1 Sworn to before me and subscribed in my presence by Craig McMullin / Joan Rost this 20th day of September, 1995 Notary Public rn in and for the State of Iowa FEES, $28.11 T I FA )LY NO: 28389 NY''E,R AMES05 LEGAL NOTICE NOTICE OF SALE CITY OF AMES, IOWA GENERAL OBLIGATION CORPORATE PURPOSE BONDS, SERIES 19950 Suotud lilds vyfli be received sit behalf lif tho City of Ames, Story County, Iowa, until l:00 o'clock p.m. on the 261h clay of Sqoniinber' 1919,15, al, the Couk"Al Chandiers, Cfty Hmfl, Acres, Iowa, for the purebase of. $4,195,000 (,onoral Obligation Corporate Purpose Bonds, Series 1995D, or the City, at which fftiko such bids will be opened and ennyns'sed TheWeafter such bids will be prosentcd to the City Counall for vonsiderathm at its aceeting to be held at 7[0 P,nh, on the since date at the Council Chambrs, City ffiffl, Anises, Iowa, at which flnw the Bonds will be sold to the best bidder Ir:vr cash, No oiwn bids will be accepted. " Vtw Bonds will be l"cled as fully registered bon(N in denominations of $5, 000 or arty intoffnA ctodUpie thereof', will be dated October 1, l995, will bear interest payable seuplannually oil each June I and Decernber I to TeKoUrily, collanencl wig June 1, 1996, and will m0ure. on Juim I in the following years and aflcwlcxtga YEAR PRINCIPAL AMOUNT j §!46 " --,- '11iz"'"0'-0-0"'---"- 1997 $350,000 1998 $350,000 19,10 $350,000 2000 $350,('00 DWI $350,00 2002 $350,000 2003 $350,000 2004 $350,001) 2005 $350,000 2006' $350,000 2007 $350,000 The rif'ht is; reserved to the City to call ncid redecon all of the said Bonds inaturbig, in dw ywws 2004 to 2007, hiclusive, in whole or froin tiolo in Iftne in part, In one or more uctft,4 Of $5,000, prior to owbArity (and witidn c' linat"ilty by lot), oil June 1, 2003, a?, can Only dates thereafter Upon terins of par and Recrued interest. flidderg, anuit sjmcify a price of not kess ahan $4,153,050, jAus accrued ftderest. The h%to opinion (At Dorsey & whitapy P.L'J—P " AUOT'noys, Des Wines, Iowa, will be furnys�hed by the City, A good faith deposit of $41,950 is required and nucy be forfeited to the City in tile event the succea sful bidder fails or refuses to take and pay fare tile bonds, The Cipy reserves the right to reject culy or aR bidr end in waive Irroguktrifies in any bW The Bonds are being issued pursuant to 1he provisions of Division ITE of chapter 384 of the Code of Iowa and will constitute gmtrral obfigutions of the City, payable from taxes levied upon all the taxable property In the (Ity without liatitation as to rate or asnount . Bidders should be aware that the official, cerins of offering to be published in the Offichd Slakernent for the Bonds contain additional bl'iding tonns and Information reftctive to the Bonds,, In the avant of a varifucce bet"o Statements in this Notice of Sale (oxcept with respect to the time and )I hwe of the Sale of tile Bonds and the principid acnount offered for sale) and said official torcial of offering, the provisions of tile latter Bush Central. By order of the City Council of Ames, lowd. Sandra L, Ryan, City Clerk l- tibfishecl irI'Thfl Daily Tribune September 19, 0995,