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Proof Of Publication In LEGAL NOTICE LEGAL NOTICE
THE TRIBUNE
#44219
NOTICE OF SALE
STATE OF IOWA,STORY COUNTY,ss. City of Ames,Iowa
$3,475,000 General Obligation Corporate Purpose Bonds
I,Tom Hawley/Kristine A.Strum,on oath depose Sealed bids will be received on behalf of the City of Ames,Story County, Iowa until
and say that I am President/Controller 10:00 o'clock a.m.on the 9th day of April,2002,at the offices of City Clerk,City Hall,515
Clark Avenue,Ames, Iowa 50010,for the purchase of$3,475,000 General Obligation
of THE TRIBUNE,a daily newspaper,printed Corporate Purpose Bonds,of the City,at which time such bids will be opened and can-
at Ames,Story County, Iowa;that the annexed vassed. Thereafter such bids will be presented to the City Council for consideration at
printed its meeting to be held at 7:00 o'clock p.m.on the same date at the Council Chambers,
City Hall,Ames, Iowa,at which time the Bonds will be sold to the best bidder for cash.
CITY OF AMES No open bids will be accepted.
The Bonds will be issued as fully registered bonds in denominations of$5,000 or any
NOTICE OF SALE-QUARRY BONDS integral multiple thereof,will be dated May 1,2002,will bear interest payable semiannu-
ally on each June 1 and December 1 to maturity,commencing December 1,2002,and
will mature on June 1 in the following years and amounts:
Principal Principal
Year Amount Year Amount
2003 $120,000 2013 $185,000
was published in said newspaper for 1 2004 130,000 2014 190,000
consecutiveweek(s) April 1,2002 2005 135,000 2015 200,000
and the last of said publication was on the 2006 140,000 2016 210,000
1 st day of April,2002. 2007 145,000 2017 220,000
2008 150,000 2018 230,000
2009 155,000 2019 240,000
2010 160,000 2020 255,000
2011 170,000 2021 265,000
2012 175,000
The right is reserved to the City to call and redeem all of the said Bonds maturing in
the years 2012 to 2021,inclusive,in whole or from time to time in part,in one or more
sworn to before me and subscribed in m units of$5,000,on June 1,2011,or on any date thereafter prior to maturity(and within
presence by Tom Hawley/Kristine A.Strum a maturity by lot),upon terms of par and accrued interest.
this the 1st day of April,2002. Bidders must specify a price of not less than$3,447,200,plus accrued interest. The
legal opinion of Dorsey&Whitney LLP,Attorneys,Des Moines,Iowa,will be furnished by
the City.
f A good faith deposit of$34,750 is required and may be forfeited to the City in the
1 event the successful bidder 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.
VIRGINIA A. BRANNAN The Bonds are being issued pursuant to the provisions of Division III of Chapter 384
Iowa Notarial Seal of the Code of Iowa and will constitute general obligations of the City,payable from taxes
Commission Number 137962 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
My Commission Expires: primary offering of the Bonds to comply with paragraph(b)(5)of Rule 15c2-12 promul-
gated by the Securities and Exchange Commission under the Securities Exchange Act
of 1934(the"Rule"),the City will covenant and agree,for the benefit of the registered
holders and beneficial owners from time to time of the outstanding Bonds,in the resolu-
Notary Public tion awarding the sale and prescribing the terms of the Bonds,to provide annual reports
in and for the State Of Iowa of specified information and notice of the occurrence of certain events,if material. The
My commission expires 11/28/2003 City is the only"obligated person"with respect to the Bonds within the meaning of the
Rule for the purposes of disclosing information on an ongoing basis. A description of the
undertaking is set forth in the Official 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 complied in
FEES: $51.63 all material respects with any undertaking previously entered into by it under the Rule.
NO. 44219 Bidders should be aware that the official terms of offering to be published in the
AMES05 Official Statement for the Bonds contain additional bidding terms and information relative
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,lob>a. Diane R.Voss,City Clerk
Published in The Tribune on April 1,2002.
ti.
Ames/419370-26/1°'/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 $3,475,000 General Obligation Corporate Purpose Bonds, the notice, of
which the printed slip attached to the publisher's affidavit hereto attached is a true and complete
copy, was published on the date and in the newspaper specified in such affidavit, 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 2nd day of
April , 2002.
City Clerk
(Seal)
(Attach here publisher's original affidavit with clipping of the notice as published.)
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DORSEY& WHITNEY LLP, ATTORNEYS,DES MINES, IOWA