HomeMy WebLinkAboutA001 - Memo from Finance date April 19, 1999 00
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TO: Steve Schainker, City Manager ,
FROM: Sue Rybolt, Assistant Finance Director APR 2 2 +,J9 i
DATE: April 19, 1999
CITY OF AMES,101A �
SUBJECT: Spring 1999 Bond Issue
I talked to Dave Dirks of Evenson Dodge this morning about sizing our spring 1999 bond
issue. We set a tentative date for settlement of June 17, 1999 and he will let me know the
discount,bond costs and interest rate to net us $3,974,000 for the following projects:
S Duff S 16th Turn Lane $ 90,000
So Dakota US 30 Interchange 500,000
Main Street Redevelopment 1,850,000
W Lway Widen Beedle West 60,000
Stange Rd Extra Depth/Wid 145,000
Arterial 13th Grand to ML 379,000
Artl 13th Grand to Summit 200,000
S Dakota Todd-N of US 30 100,000
Southdale Area Storm Swr 450,000
SE 5th Storm Sewer 100,000
Low Point Ash Ave 100,000
These are the projects for which Public Works indicated they would need funding in a
meeting held with Carol, Sherry and me last week.
c:Alice Carroll,Director of Finance