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Home My WebLink AboutA017 - Letter to Dorsey & Whitney dated November 7, 2001Garing People 'I Qualil , V ProgramsEX(rP116'WISe—icr November 7, 2001 Dorsey & Whitney LIT 801 Grand, Suite 3900 Des Moines, Iowa 50309 Attention Robert I -I. Helmick RE: Ames, Iowa General Obligation Refunding Bonds General Obligation Fire Station and Refunding Bonds Your File No. 419370-23 Dear Bob: City Clerk's Office 515 Clark Avenue, P. 0. Box 811 Ames, 1A 50010 Phone: 5 15-239-5105 Fax: 5 15-239-5142 Enclosed please find the Certificate as to the publication of both the notice of hearing on the Refunding Bonds and the notice of sale of the cornbined issuance of Station and Refunding Bonds. If you have any questions, please call. Tlx�uik you for your assistance. Sincerely, Diane R. Voss City Clerk /dry Enclosure/Attachinents Ames/419370-23/1"/2 GBS (PLEASE NOTE: Do not date and return this certificate until you have received the publisher's affidavits and have verified that the notices were published on the date indicated in the affidavits, but please return all other completed pages to us as soon as they are available.) STATE OF IOWA COUNTY OF STORY SS: CITY OF AMES 1, the undersigned, Clerk of the aforementioned City, do hereby certify that pursuant to the resolution of its Council, the notices, of which the printed slips attached to the publisher's affidavits hereto attached are true and complete copies, were published on the date and in the newspaper specified in such affidavits, which newspaper has a general circulation in the City. WITNESS MY HAND and the seal of the City hereto affixed this IT, day of 00t�k��•-?JZ,� 2001. City Clerk (Seal) (Attach here publisher's original affidavits with clippings of the notices as published.) -14- DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA Proof Of Publication In THE TRIBUNE STATE OF IOWA, STORY COUNTY,ss. 1, Tom Hawley /Kristine A. Strum, on oath depose and say that I am President/Controller of THE TRIBUNE, a daily newspaper, printed at Ames, Story County, Iowa; that the annexed printed NOTICE OF SALE GENERAL OBLIGATION FIRE STATION AND REFUNDING BONDS was published in said newspaper for 1 consecutive week(s) November 5, 2001 and the last of said publication was on t 5th day of November 2001. sworn to before me and subscribed in my presence by Tom Hawley / Kristine A. Strum this the 5th day of November, 2001, ;LIJWA A. BRANNAN Q i r i. �,,CImISSION EXPI ES C- Notary Public in and for the State Of Iowa My commission expires 11/28/2003 FEES: $48.17 NO. 43819 AMES05 the successful bidder falls or refuses to take and pay for the Bonds. The City reserves the right to reject any or all bids and to waive irregularities In Any bid, The Bonds are being Issued pursuant to the provisions of Division III of Chapter 384 of the Code of Iowa and will constitute general obligations of the City, payable taxes levied upon all the taxable properly in the City without limitation as to rater, r i ? amount. In order to permit bidders for the Bonds and other participating underwriters in the primary offering of the Bonds to comply with LEGAL NOTICE _] (b)(5) of Rule 15c2-12 promulgated paragraph IRIS by the Securities and Exchange Corn #43819 under the Securities Exchange Act Of it NOTICE OF SALE (the *Rule"), tire City will covenant and agr6b; City of Ames, Iowa for the benefit of the registered holders ind 1$5,150,000* General.Obligabon beneficial owners from time to time ofthe Fire Station and Refunding Bonds, outstanding Bonds, in the resolution awardirlilj Series 2001 B, the sale and prescribing Ifie terms of the Bonds, Sealed bids will be received on behalf of to provide annual reports of specified the City of Ames, Story County, Iowa urd 10.00 information and notice of the oocurrence,qf o'clock a.m, on the 13th day of November, certain events, if material. The City is the, or+/ 2001, at the Council Chambers, City Hall, "obligated person' with respect to the Ames, Iowa, for the purchase of $5,150,000* within the meaning of the Rule for the General Obligation Fire Station and Refunding purposes of disclosing Information on an Bonds, Series 2001 B, of the City, at which ongoing basis. A description of the undertaking time such bids will be opened and canvassed. Is set forthIn the Official Statement. Failure Thereafter such bids will be presented to the of the City to enter Into an undertaking City Council for consideration at its meeting substantially similar to that described In the to be held at 7:00 o'clock p.m. on the same Official Statement would relieve the successful date at the Council Chambers, City Hall, bidder of Its obligation to purchase the Bonds. Ames, Iowa, at which time the Bonds will be The City has complied in all material respects sold to the best bidder foe cash. No open bids with any undertaking previously entered Into will be accepted, by it under the Rule. t The Bonds will be issued as fully registered Bidders should be aware that the official bonds in denominations of $5,000 or any terms of offering to be published in the integral multiple thereof, will be dated Official Statement for the Bonds contain December 1, 2001, will bear Interest payable additional bidding terms and information semiannually on each June 1 and December relative to the Bonds. In the event of a 1 to maturity, commencing June 1, 2002, and variance between statements in this Notice will mature on June 1 in the following years of Sale (except with respect to the time and and amounts: place of the sale of the Bonds and the Principal Principal principal amount offered for sale) and said Year Arnount* Year Amount* official terms of offering, the provisions of the 2002 $970,000 2008 $435,000 latter shall control. 2003 $885,000 2009 $110,000 By order of the City Council of Ames, 2004 $885,000 2010 $115,000 Iowa, 2005 $470,000 2011 $120,000 Diane R. Voss, Qit Clerk 2006 $455,000 2012 $125,000 Arnes,419370 , -23Aotice of Sale 2007 $450,000 2013 $130,000 Published in The Tribune on November *Preliminary; subject to change 5,2001. The City reserves the right, after bids --- - are opened and prior to award, to increase or reduce the principal amount of the Bonds offered for sale. Any such increase or reduction will be in a total amount not to exceed $160,000 and will be made in multiples of $5,000 in any of the maturities not exceeding $50,000 in any maturity. In the event the principal amount of the Bonds is increased or reduced, any premium offered or any discount taken by the successful bidder will be increased or reduced by a percentage equal to the percentage by which the principal amount of the Bonds is increased or reduced. The right is reserved to the City to call and redeem all of the said Bonds maturing in the years 2010 to 2013, inclusive, in wtiole or from time to time in part, in one or more units of $5,000, on June 1, 2009, or on any. date thereafter prior to maturity (and within a maturity by lot), upon terms of par and accrued interest. , I I 1 Bidders must apacify a price of not less than $�,1108,8W, nor more than' 5253,t100, plus accrued Interest. Thelegal, thion of Dorsey & Whitney LLP , Attomeyili; p6s Moines, Iowa, Will be furnished by the City. A good faith deposit of $51,5W is required "may be forfeited to the City In the event_ Proof Of Publication In THE TRIBUNE STATE OF IOWA, STORY COUNTY,ss. 1, Tom Hawley / Kristine A. Strum, on oath depose and say that I am President/Controller of THE TRIBUNE, a daily newspaper, printed at Ames, Story County, Iowa; that the annexed printed NOTICE OF HEARING - REFUNDING BONDS was published in said newspaper for I consecutive week(s) November 1, 2001 and the last of said publication was on the I st day of November 2001. 1-,' A LEGAL NOTICE- > 1 '0 NOTICE OF PROPOSED ACTION TO THE INSTITUTE PROCEEDINGS FOR THE sworn to before me and subscribed in mi OBLIGATION ISSUANCE OF GENERAL OBLIGATION presence by Tom Hawley / Kristine A. Strum REFUNDING BONDS Iowa The City Council of the City of Ames, Iowa this the 1st day of November, 2001, rnb�r, will meet on the 13th day of Novemb§r, n 2001, at the Council Chambers, City Hall oin the City, at seven o'clock p.m., for the purpose of instituting proceedings and taking acti� n for the issuance of not to exceed S4,000,000 VIRGINIA A. BRANNAN V�l R General Obligation Refunding Bonds (the 'Refunding Bonds*) for the purpose MY COMMIS refunding $3,770,000 of the CRYS OutstandiOg a1EXPIRE gyp.1993, General Obligation Refunding Bonds, Series dated February 15,1993. The Refunding Bonds, when issued, will Notary Public constitute general obligations of the City. Jot in and for the State Of Iowa such time and place the Council shall receiye oral or written objections from any resident My commission expires 11 /28/2003 or property owner of the City. After roceivinq objections, the City may determine to issue the Refunding Bonds in which case, the decision will be final unless appealed to tb( District Court within fifteen (15) days thereafter By order of the " Council and pursuant7( FEES: $11.33 Section 384.26(5)(a)(2) of the Code of Iowa NO. 43802 Diane Voss City Clerk AMES05 Published in The Tribune on November -1