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HomeMy WebLinkAboutA004 - Proofs of publication dated July 2, 2001 - notice of action and notice of sale C4 L� Proof Of Publication In THE TRIBUNE --------------------------------------------------------------------------- --------------------------------------------------------------------------- STATE OF IOWA,STORY COUNTY,ss. I,Allen Weber/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-GENERAL OBLICATION BONDS was published in said newspaper for 1 consecutive week(s)July 2,2001 and the last of said publication was on the 2nd day of July,2001. LEGAL NOTICE #43505 NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS FOR THE ISSUANCE OF NOT TO EXCEED _ $10,100,000 GENERAL OBLIGATION COR- PORATE PURPOSE BONDS, SERIES sworn to before me and subscribed in my 2001A presence by Allen Weber/Kristine A.Strum The City Council of the City of Ames,Iowa, this the 2nd day of July,2001 will meet on the 10th day of July,2001,at the Council Chambers,City Hall,in the City, at seven o'clock p.m., for the purpose of instituting proceedings and taking action for 1✓ the issuance of not to exceed$10,100,000 V RGINIA A. BRANNAN General Obligation Corporate Purpose Bonds, Series 2001A,for the purpose of MY COMMISSION EXPIRES the construction of certain street and storm Fytr l 1< 5 II(1 sewer improvements. 10 The Bonds,when issued,will constitute gen- eral obligations of the City, payable from taxes levied upon all taxable property in the Notary Public City. At such time and place the Council shall in and for the State Of Iowa receive oral or written objections from any My commission expires 11/28/2003 resident or property owner of the City.After receiving objections,the City may deter- mine to issue the Bonds,in which case,the decision will be final unless appealed to the FEES: $11.02 District Court within 15 days thereafter. NO.43505 By order of the City Council and pursuant AMES05 to Section 384.25 of the Code of Iowa. Diane R.Voss,City Clerk Published in The Tribune on July 2,2001. LEGAI- NOTICE J #43515 ,r NOTICE OF SALE City of Ames,Iowa $10,080,000 General Obligation Corporate Purpose Bonds, Series 2001A Sealed bids will be received on behalf of the City of Ames,Story County,Iowa until 10:00 o'clock a.m.on the 10th day of July, 2001,at the Council Chambers,City Hall, Ames,Iowa,for the purchase of$10,080,000 General Obligation Corporate Purpose Bonds,Series 2001 A,of the City,at which time such bids will be opened and can- vassed.Thereafter such bids will be presented to the City Council for consideration at its meet- ing to be held at seven o'clock p.m.on the same date at the Council Chambers,City Hall, Ames,Iowa,at which time the Bonds will be Proof Of Publication In sold to the best bidder for cash.No open bids will be accepted. THE TRIBUNE The Bonds will be issued as full registered bonds in denominations of$5,000 or any inte- gral multiple thereof,will be dated August 1, STATE OF IOWA,STORY COUNTY,ss. 2001,will bear interest payable semiannu- ally on each June 1 and December 1 to maturity,commencing December 1,2001,and I,Allen Weber/Kristine A.Strum,on oath depose will mature on June 1 in the following years and say that I am President/Controller and amounts. of THE TRIBUNE,a dailynewspaper, rinted Principal Principal p Year Amount Year Amount at Ames,Story County, Iowa;that the annexed 2002 $785,000 2008 $835,000 printed 2003 $745,000 2009 $870,000 2004 $770,000 2010 $875,000 2005 $795,000 2011 $900,000 NOTICE OF SALE 2006 $820,000 2012 $905,000 GENERAL OBLICATION BONDS 2007 $835,000 2013 $945,000 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 whole or from time to time in part,in one or more units of $5,000,on June 1,2009,or on any date there- after prior to maturity(and within a maturi- was Pty by lot),upon terms of par and accrued inter- consecutive week(s)July 2,2001 est.Bidders must specify a prie of not less and the last of said publication was on the than$9,999,360,plus accrued interest.The 2nd day of Jul 2001. legal opinion of Dorsey&Whitney LLP, Y y, Attorneys, Des Moines, Iowa,will be fur- nished by the City.A good faith deposit of $100,800 is required and may be forfeited to the City in the event the successful bid- der fails 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 sworn to before me and subscribed in m to the provisions of Division III of Chapter 384 Y of the Code of Iowa and will constitute gen- presence by Allen Weber/Kristine A.Strum eral obligations of the City, payable from this the 2nd day of July,2001 taxes levied upon all the taxable property in the City without limitation as to rate or amount.In order to permit bidders for the Bonds and other participating underwriters in the primary offering of the Bonds to com- �PQ�At VIRGINIA A. BRANNAN ply with paragraph(b)(5)of Rule 15c2-12 pro- z MY COMMLSS ON EXPIRES mulgated by the Securities and Exchange Commission under the Securities Exchange * Act of 1934(the"Rule"),the City will covenant /0 and agree,for the benefit of the registered holders and beneficial owners from time to time of the outstanding Bonds,in the resp- Notary Public lution awarding the sale and prescribing the in and for the State Of Iowa terms of the Bonds,to provide annual reports My commission expires 11/28/2003 of specified information and notice of he occurrence of certain events, if material. The City is the only"obligated person"with respect to the Bonds within the meaning of FEES: $36.01 the Rule for the purposes of disclosing infdr- N0. 43515 mation on an ongoing basis.A description of the undertaking is set forth in the Official AMES05 Statement.Failure of the City to enter into an undertaking substantially similar to that described in the Official Statement would relieve the successful bidder of its obligation to purchase the Bonds.The City has com- plied in all material respects with any under- taking previously entered into by it under the Rule.Bidders should be aware that the offi- cial terms of offering to be published in the Official Statement for the Bonds contain additional bidding terms and information rel- ative to the Bonds.,In the event of a variance between statements in this Notice of Sale (except with respect to the time and place of the sale of the Bonds and the principal amount offered for sale) and said official terms of offering,the provisions of the latter shall control.By order of the City Council of Ames,Iowa. Page 1 of 1 Diane Voss From: Harrison, Jeane <Harrison.Jeane@dorseylaw.com> To: <voss@city.ames.ia.us>; <pitcherd@city.ames.ia.us> Cc: <h cas person @evensendodge.com> Sent: Wednesday, June 27, 2001 5:05 PM Attach: Notice of Sale.doc Subject: $10,080,000 GO Corporate Purpose Bonds Hi, folks. Attached is the notice of sale for publication in the Ames newspaper at least 4 days prior to the bond sale on July 10 (no later than 7/.6). Please review the notice carefully and let me know if you ----.........- have any questions or comments or if there is anything else you need from us at this time. IMPORTANT:Emails to clients of this firm presumptively and normally contain confidential and privileged material for the sole use of the intended recipient.Emails to non-clients are normally confidential and may be privileged. The use, distribution,transmittal or re-transmittal by an unintended recipient of any communication is prohibited without our express approval in writing or by email. Any use, distribution,transmittal or re-transmittal by persons who are not intended recipients of this email may be a violation of law and is strictly prohibited. If you are not the intended recipient please contact the sender and delete all copies. 6/28/2001 ' City Clerk's Office 515 Clark Avenue,P. O. Box 811 (:wing People Ames, IA 50010 Quality Progratm Phone: 515-239-5105 Lueptinaal."Vitr Fax: 515-239-5142 July 5, 2001 Dorsey & Whitney LLP 801 Grand, Suite 3900 Des Moines, Iowa 50309 Attention Robert H. Helmick RE: Ames, Iowa Not to Exceed $10,100,000 General Obligation Corporate Purpose Bonds, Series 2001A Your File No. 419370-24 Dear Bob: Enclosed please find the Proofs of Publication with regard to the notices of hearing and sale of the above-reference bonds. If you have any questions, please call. Thank you for your assistance. Sincerely, vU�7 Diane R. Voss City Clerk /dry Enclosures Ames/419370-24/lst'/z GBS (PLEASE NOTE: Do not date and return this certificate until you have received the publisher's affidavit and have verified that the notice was published on the date indicated in the affidavit, 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 I, the undersigned, Clerk of the aforementioned City,do hereby certify that pursuant to the resolution of its Council fixing a date of meeting at which it is proposed to take action for the sale and issuance of not to exceed$10,100,000 General Obligation Corporate Purpose Bonds,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 is located in Story County or in a county contiguous thereto and has a general circulation in the City. WITNESS MY HAND and the seal of the City hereto affixed this day of 2001. City Clerk (Seal) (Attach here publisher's original affidavit with a clipping of the notice as published.) -7- DORSEY&WHITNEY LLP,ATTORNEYS AT LAW,DES MOINES,IOWA