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HomeMy WebLinkAboutA008 - Letter from Evensen Dodge dated July 17, 2001 - signed bid form EVENSEN DODGE FINANCIAL AND INVESTMENT ADVISORS July 17,2001 (1 Mr. Duane Pitcher I �� Director of Finance Ames City Hall 515 Clark Avenue Ames,IA 50010 - Dear Duane: Enclosed are five copies of the signed bid form from the winning bidder. Please have them signed by the Mayor and Clerk and return them to me prior to the closing of the issue on August 1,2001. Thank you for your prompt attention to this request. Sincerely, EVENSEN DODGE, INC. Valerie Williams Executive Assistant AIIanLI, (A !i lio"I(m, A1A I�ulialn, A'l ( hi(ado, II kllla,, I\ 0; , 11oin(ti, 1;1 j I.u.�i�, \U I i,Irliurd, ( I Los Angcle,,,CA 1 Milwauk(v,�A'j I ��iinn��ah�>liti, MN � Nc,w York, '10 I Orlando, 1 L ' fan Iran< CA I A1'a,hington, I)(- OFFICIAL BID FORM Members of the City Council Sale Date: July 10,2001 City of Ames,Iowa For the principal amount of$10,080,000 General Obligation Corporate Purpose Bonds, Series 2001A of the City of Ames, Iowa, legally issued and as described in the Official Terms of Offering, we will pay the City$10,040,936.30 plus accrued interest on the total principal of $10,080,000 to the date of delivery, provided the Bonds bear the following interest rates: Interest Interest Year Amount Rate Year Amount Rate 2002 $785,000 4.000% 2008 $835,000 4.100% 2003 745,000 4.000% 2009 870,000 4.200% 2004 770,000 4.000% 2010 875,000 4.300% 2005 795,000 4.000% 2011 900,000 4.400% 2006 820,000 4.000% 2012 905,000 4.600% 2007 835,000 4.000% 2013 945,000 4.700% The Bonds mature on June 1 in the years and amounts as listed above; interest on the Bonds is payable on December 1,2001 and semiannually thereafter. NOT PART OF THIS BID: Respectfully submitted, Explanatory Note: According to our computation, this bid involves the following: $2,900,889.53 Account Manager Net Interest Cost By PPMMrDPV4.3825% ILM r W/4� True Interest RateSURN - The fore oing offer ' ereby accepted by and on behalf of the City of Ames,Iowa,this 10`s day of July,2001. Mayor Clerk