HomeMy WebLinkAboutA013 - Letter to Evensen Dodge dated June 2, 1999Caring People 14
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515 Clark Avenue, P. 0. Box 811
Ames, IA 50010
Phone: 515-239-5105
Fax: 515-239-5142
June 2, 1999
Evensen Dodge, Inc.
601 Second Avenue South
Suite 5 100
Minneapolis, Minnesota 55402
Attention Veronica L. Abendroth
RE: $4,045,000 General Obligation Corporate Purpose Bonds, Series 1999
Dear Ms. Abendroth:
As per your request, enclosed please find five copies of the "Official Bid Form," which have now
been signed by representatives of the City of Ames.
If you have future documents needing signature, please change the name of the City Clerk; Jill
Ripperger was the interim City Clerk.
Thank you.
Sincerely,
Diane Voss
City Clerk
/dry
Enclosures
Members of the City Council
City of Ames, Iowa
Sale Date: May25,1"9
For the principal amouW, of $4,045,000 General Obligation Corporate Purpose Bonds, Series 1999 of the City of
Ames, lows, legally issued and as described in the Official Terms of Offering, we will pay the City
$- 4-,-0-3-0-z 215 - �00 (not less than $4,012,640) plus accrued interest on the total principal of
$4,045,000 to the date of delivery, provided the Bonds bear the following interest rates:
Interest
interest
Year
Amount
Raft*
Year
Amount
Rate*
2000
$275,000
3-60
%
2006
S340,000
4.15
%
2001
285,000
3.70
%
2007
350,000
4.25
%
2002
293,000
3.80
%
2008
565,000
4.35
%
2003
305,000
3.90
%
2009
380,000
4.375
%
2004
315,000
4.00
%
2010
395,000
4.40
%
2005
325,000
4.10
%
2011
415,000
4.45
%
The Bonds mature on June I in the years and amounts as listed above; interest on the Bonds is payable on
December 1, 1999 and seaman wally ffierem'L-r.
In malting this Offer, we accept the terms and conditions as defined in the Official Terms of Offering published in
the Official Statement dated May 14, 1999. All b" spaces of this offer are intentional and am not to be construed
as an omission.
NOT PART OF TMS BED:
Explanitoiy—Note: According to our computation,
this bid involves the following:
1,209,642.50
Net Interest Cost
4.31014 %
Net Interest Rate (NIC)
Respectfully submitted,
M.Afftnouvint d
81,� 363 LLOLIL.
1W o account-�bert is on the reverse side of
this bid.) mAssociAncyq wrm &Tu7,w W
The foregoing offer is hereby accepted by and on behalf of the City of Ames, Iowa, this 25' day of May. 1999.
(Tiof�bi'recto�r�of Finance,
i-
Alice Carroll
(Title) City Clerk,
Diane Voss
4
EVENSEN DODGE INC
May 26,1999
Ms. Alice Carroll,
Director of Finance
City of Ames
515 Clark Avenue, City Hall
Ames, IA 50010
Ms. Jill Ripperger
City Clerk
City of Ames
515 Clark Avenue, City Hall
Ames, IA 50010
RE: "Official Bid Form":
$4,045,000 General Obligation Corporate Purpose Bonds, Series 1999
City of Ames, Iowa
Dear Ms. Carroll and Ms. Rippergcr:
Enclosed please find five copies of the "Official Bid Form". Please sign each of these copies at the
bottom where indicated and return these to my attention at your convenience. Thank you!
Sincerely,
EVENSEN DODGE, INC.
Veronica L. Abendroth
Executive Assistant
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