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HomeMy WebLinkAboutA008 - Bid Forms for NationsBank to sign C; EVENSEN DODGE INC November 12, 1998 Ms. Alice Carroll Director of Finance City of Ames 515 Clark Avenue, City Hall Ames, IA 50010 RE: $3,205,000 General Obligation Refunding Bonds,Series 1998B City of Ames,Iowa Dear Alice: Enclosed please find five copies of the"Official Bid Form"for the issue referenced above. Please sign each copy and have the City Clerk,Diane Voss sign each copy at the bottom where indicated. Once these copies have been signed,please return them to my chance at your earliest convenience. Thank you. ; Sincerely, EVENSEN DODGE,INC. J14"� LZ Veronica L. Abendroth Executive Assistant EVENSEN DODGE INC INDEPENDENT FINANCIAL CONSULTANTS TO STATE AND LOCAL GOVERNMENTS Veronica L.Abendroth Executive Assistant 612/371-3734 vabendroth@evensendodge.com 601 Second Avenue Sou8th,,Suite 5 00,Minneapolis,MN 55402 FAX 612/338-7264 www.evensendodge.com Atlanta + Boslun + 6ulfalo + Chicago + Dallas + Des Moines + Detroit + Fargo + Hartford Lus Ang�les + Minneapolis + New York + Orlando + Phoenix + San Francisco + Washington 601 2nd Avenue South, Suite 5100, Minneapolis, MN 55402 612/338-3535 800/328-8200 FAX 612/338-7264 OFFICIAL BID FORM Members of the City Council Sale Date: November I0, 1998 City of Ames,Iowa For the principal amount of$3,205,000 General Obligation Refunding Bonds, Series 1998B of the City of Ames. Iowa, legally issued and as described in the Official Terris of Offering, we will pay the City $ 3,200,513.00 (not less than$3,188,975)plus accrued interest on the total principal of$3.205.000 to date of delivery, prnvid&d the 13onds bear the following interest rate; The Bonds mature on June I in the years and amounts as follows: Interest Year Amount Rate Interest Year Amount Rate 2000 $665,000 3.45 % 2003 $630.000 3. 65 % 2001 655,000 3.5 0 % 2NU 615,000 3. 70 2002 640,000 3. 60 % Interest on the Bonds is payable on June 1, 1999 and semiannually thereafter. ID maldrtg this offer, we accept the terms and conditions as defined in the Official Terms of Offering published in the Official Statement dated October 30, 1098. All blank spaces of this offer are intcn6xml and are not to be construed as an omission. NOT PART OF THIS Bm: Explanatory Nnte- Ar-exTding to our computation, Respectfully submitted, this bid involves the following: NationsBank, N.4_ (St. Louis) atttl $ 405,483. 25 Accou,�t gee Brenton Bank,-N.A. Net Interest Cost(NIC) 3.655472 7 n rtiz 314-466-6467 % (A list of account members is a reverse side of Net Interest Race(NIC) this bid.) #*i*y#*#fi•iitttattrtt#syr♦r+k*k�rtrM***ss«A�4r*srkss�asRi*twli#ii**#!ti*M�#ikM*#tki#ii*t+Bik*iii�s The foregoing offer is lrtreby actxpted by and on behalf of the City of Ames, Iowa, this 10d' day of November, 1998. 4� (Title) Dire for of Finance ,�/ (Title) City Clerk, Alice Carroll Diane Voss