HomeMy WebLinkAboutA013 - Letter from Dorsey & Whitney dated December 2, 1998MINNEAPOLIS
WASHINGTON, D.C.
LONDON
BRUSSELS
HONG KONG
DES MOINES
ROCHES rElk
COSTA MESA
Diane R. Voss
City Clerk
City Hall
Post Office Box 811
515 Clark Avenue
Ames, Iowa 50010
DORSEY & WHITNEY L L P
ATTORNEYS AT LAW
801 GRAND, SUITE 3900
DES MOINES, IOWA 50309
'FELEPHONE: (515) 283-1000
FAX: (515) 283-1060
December 2, 1998
Re: Ames, Iowa
$3,205,000 General Obligation Refunding Bonds, Series 1998B
Our File No. 419370-19
Dear Diane:
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DENVER
SEATTLE
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BILLINGS
MISSOULA
GREAT' FALLS
We have prepared and enclose four copies of the Final Delivery Certificate covering the
captioned Bonds scheduled for closing on December 9.
Please take the following actions with respect to this certificate:
I Review the facts contained in the certificate and advise us of any inaccuracies.
Have this certificate signed and sealed as indicated and return three fully executed
copies"tt�our office as soon as possible.
Federal law requires that a special form be submitted in order to preserve the tax-exempt
/status of the interest earnings on the Bonds. Please sign the enclosed IRS 8038 form and return it
to us so that we can file it with the Internal Revenue Service. We will complete the form at the time
of closing, file it with the IRS and provide you with a completed copy for the City's records.
Also enclosed are four copies of the Escrow Agreement, which have already been signed on
behalf of Bankers Trust Company, for you and the Mayor to sign, after which all four copies should
be returned to us. We will complete the exhibits for the Agreement and provide you with a
completed copy at the time of closing.
Finally, we are enclosing the Bonds, numbered from I to 5, inclusive, printed on check -
protective paper to be executed (authenticated) by the City Treasurer as the Bond Registrar and
returned to us- .
I%
I WA,
DORSEY & WHITNEY LLP
Page 2
We will need to receive all of the above documents no later than Monday, December 7, in
order to complete our review and distribute the Bonds and our opinion for closing on December 9.
If you have any questions, or if there is anything further we can do to be of assistance, please
do not hesitate to call.
Very truly yours,
Robert H. Helmick
RHH
Arnes/419370-19/FDC & Ur
Enclosures
cc: Steven Schainker
Alice Carroll
John Klaus
Dave Dirks
Charles A. Uperaft
Bryan Hall