Loading...
HomeMy WebLinkAboutA020 - Notice of Redemption as of June 1, 1999Arnes/419370-19/Escrow Agr NOTICE OF REDEMPTION CITY OF AMES COUNTY OF STORY, STATE OF IOWA GENERAL OBLIGATION CORPORATE PURPOSE BONDS DATED JUNE 1, 1992 Notice is hereby given that the City of Ames, in the County of Story, State of Iowa, has called for redemption as of June 1, 1999 (the "Redemption Date"), $3,125,000 of its presently outstanding General Obligation Corporate Purpose Bonds, dated June 1, 1992, which are scheduled to mature on June I in each of the years, in the principal amounts, bear interest at the rates, bear CUSIP numbers and are payable at the redemption prices, as follows: Year Amount Interest Rate Redemption Price CUSIP No. 2000 $625,000* 5.60% 100% 030807 QN4 2001 $625,000* 5.65% 100% 030807 QP9 2002 $625,000* 5.75% 100% 030807 QQ7 2003 $625,000* 5.80% 1,00% 030807 QR5 2004 $625,000* 5.90% 100,70 030807 QS3 The Series 1998B Bonds identified above (the "Optional Series 1992 Bonds) should be presented to the Ames City Treasurer at City Hall, Post Office Box 811, 515 Clark Avenue, Ames, Iowa 50010, as Registrar and Paying Agent for the Series 1998E Bonds, for retirement as of the Redemption Date at the redemption prices specified above, together with accrued interest, and all further interest will cease on the Redemption Date. Under the Interest and Dividend Compliance Act of 1983, the City may be obligated to withhold % of the principal of the Optional Series 1992 Bonds from any Bondowner who has failed to furnish a valid taxpayer identification number and a certification that such owner is not subject to backup withholding under the Act. Owners who wish to avoid the application of these provisions should submit a completed W-9 when presenting their Optional Series 1992 Bonds for prepayment. Additional information may be obtained from the undersigned or from the City of Ames, Iowa. CITY OF AMES, IOWA Des Moines, Iowa Agent *Represents full call of CUSIP