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HomeMy WebLinkAboutA015 - Letter to Evensen Dodge dated April 26, 2002 - official bid form(wing People 'I Qualav Pyograllm Eu,p1—.1S,r—e April 26, 2002 City Clerk's Oft -ice 515 Clark Avenue, P. 0. Box 8 11 Ames, IA 50010 Phone: 515-239-5105 Fax: 515-239-5142 Evensen Dodge, Inc. 650 Third Avenue South, Suite 1800 Minneapolis, MN 55402 Attention Molly Doran RE: $3,475,000 General Obligation Corporate Purpose Bonds, Series 2002A City of Ames, Iowa Dear Ms. Doran: Enclosed are four copies ofthe Official Bid Form that have been signed by Mayor Tedesco and ruc. Thank you for Your assistance. Sincerely, Diane Voss City Clerk /dry Enclosures OFFICIAL BID FORM Members of the City Council City of Ames, Iowa Sale Date: April 9, 2002 For the principal amount of $3,475,000 General Obligation Corporate Purpose Bonds, Series 2002A of the City of Ames, Iowa, legally issued and as described in the Official Terms of Offering, we will pay the City $3,447,200.00 plus accrued interest on the total principal of $3,475,000 to the date of delivery, provided the Bonds bear the following interest rates: Year Amount Rate Year Amount Rate 2003 $ 120,000 4.000% 2013 $ 185,000 4.500% 2004 130,000 4,000% 2014 190,000 4.600% 2005 135,000 4.000% 2015 200,000 4.700% 2006 140,000 4.000% 2016 210,000 4.800% 2007 145,000 4.000% 2017 220,000 5.000% 2008 150,000 4.000% 2018 230,000 5.000% 2009 155,000 4.150% 2019 240,000 5.000% 2010 160,000 4.250% 2020 255,000 5.100% 2011 170,000 4.250% 2021 265,000 5.125% 2012 175,000 4.375% The Bonds mature on June I in the years and amounts as listed above and interest is payable on December 1, 2002 and thereafter on June I and December I of each year. In making this offer, we accept the terms and conditions as defined in the Official Terms of Offering published in the Official Statement dated March 27, 2002. All blank spaces of this offer are intentional and are not to be construed as an omission. Our good faith deposit in the amount of $34,750 has been or will be submitted in accordance with the Official Terms of Offering. NOT PART OF THIS BID: Explanatory Note: According to our computation, this bid involves the following: $1,905,735.92 Net Interest Cost MIFAMEWEBM T&WYMCRRM00RP.VjP. U1 W. MADMON 42ft FL& Respectfully submitted, WCACA IL W= 3124U4M UM YA30 Account Manager 4.8227% By Y True Interest Rate (A list of account eMbCTS is on the reverse side of this bid-) The loregoinzoeOr is hereby a ed by and on behalf of the City of Ames, Iowa, this 9" day of April, 2002. Ted Tedesco, Mayor _Diane Voss, City Clerk v 01- 0 1 10 U') 0 r-4 sm Q-) W 1-. 0 E A Z D II m LL rp nu CN B 3� 10 %—I yl� yr kN Af "' A 0 Pl, "D Y 0 u k ON: D, S 0 0 -M yg �z Z rw Qf T a �z M3 e rs LT V, ,.23 IN 6 rC T fu lE 5� CD cin A At IR M Q = , I. Jj X fna LL A ZA; IxA J�7' au p cm I I crx CIA I q4 E I A, D �11 Ln �a dll 2" au "P I RE ar 6� Z'T A-1 F, cc 1.0 (Y3 qt 0