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HomeMy WebLinkAboutA007 - Letter to Dorsey & Whitney dated November 7, 2001 - certified notices - ' City Clerk's Office 515 Clark Avenue,P.O. Box 811 Ames,IA 50010 Caring People Phone: 515-239-5105 Qualify Programs Eveplianal Se vice Fax: 515-239-5142 November 7, 2001 Dorsey&Whitney LLP 801 Grand, Suite 3900 Des Moines, Iowa 50309 Attention Robert H. Helmick RE: Ames, Iowa General Obligation Refunding Bonds General Obligation Fire Station and Refunding Bonds Your File No. 419370-23 Dear Bob: 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 combined issuance of Fire Station and Refunding Bonds. If you have any questions, please call. Thank you for your assistance. Sincerely, Diane R. Voss City Clerk /dry Enclosure/Attachments . I r+ft Ames/419370-23/1°j/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 I, 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 7 day of 061 gVYL- - h , 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 the successful bidder fails or refuses to lake 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 from�t 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 Proof Of Publication In and other participating underwriters in the THE TRIBUNE primary offering of the Bonds to comply with ----------- - - --- -= - -- -- paragraph(b)(5)of Rule 15c2-12 promulgated LEGAL NOTICE - - ----- ------ --- - ------ by the Securities and Exchange Commisriop #43819 under the Securities Exchange Act of 1934 STATE OF IOWA,STORY COUNTY,ss. NOTICE OF SALE (the'Rule"),the City will covenant and agr66; City of Ames,Iowa for the benefit of the registered holders 9nd I,Tom Hawley/Kristine A.Strum,on oath depose $5,150,000'General.Obligation beneficial owners from time to time oflhe Fire Station and Refunding Bonds, outstanding Bonds,in the resolution awardN and say that I am President/Controller Series 2001 B the sale and prescribing the team of the Bonds, of THE TRIBUNE,a daily newspaper,printed Sealed bids will be received on behalf of to provide annual reports of specified at Ames,Story County,Iowa;that the annexed the City of Ames,Story sty,Iowa until 10:00 information and notice of the occurrence,of o'clock a.m.on the 13th day of November, certain events,if material. The City is the only printed 2001,at the Council Chambers,City Hall, 'obligated person'with respect to the Bo* 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 NOTICE OF SALE 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 forth in the Official Statement. Failure GENERAL OBLIGATION FIRE STATION Thereafter such bids will be presented to the of the City to enter into an undertaking AND REFUNDING BONDS 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 Bonids. Ames,Iowa,at which time the Bonds will be The City has complied in all material respects was published in said newspaper for 1 sold to the best bidder for cash. No open bids with any undertaking previously entered into consecutive week(s)November 5,2001 will be accepted. by it under the Rule. The Bonds will be issued as fully registered Bidders should be aware that the official and the last of said publication was on t bonds in denominations of$5,000 or any terms of offering to be published in the 5th day of November 2001. 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 Amount* Year Amount' official terms of offering,the provisions of the 2002 $970,000 2008 $435,000 latter shall control. sworn to before me and subscribed in my 2003 $885,000 2009 $110,000 By order of the City Council of Ames, presence by Tom Hawley/Kristine A.Strum 2004 $885,000 2010 $115,000 Iowa. this the 5th day of November,2001 2005 $470,000 2011 $120,000 Diane R.Voss,City Clerk y er, . 2006 $455,000 2012 $125,000 Ames,419370-23/Notice 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 1.1',(U.'!NIA A. BRANNAN offered for sale. Any such increase or reduction will be in a total amount not to I i•;1, '.'ONy,MISSION EXPI ES exceed$160,000 and will be made in multiples r of$5,000 in any of the maturities not exceeding i0W P $50,000 in any maturity. In the event the Notary Public principal amount of the Bonds is increased in and for the State Of Iowa or reduced, any premium offered or any discount taken by the successful bidder will My commission expires 11/28/2003 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 whole or from FEES: $48.17 time to time in part,in one or more units of NO. 43819 $5,000, on June 1, 2009, or on any.date thereafter prior to maturity (and within a AMES05 maturity by lot), upon terms of par and accrued interest. Bidders must specify a price.of not less than$5,108,800,nor more than$5,253,000, plus accrued interest. The legal opinion of Dorsey&Whitney LLP, Attorneys, Des Moines,Iowa,will be furnished by the City. A good faith deposit of$51,500 is required and may be forfeited to the City in the event Proof Of Publication In THE TRIBUNE -------------------------------------------------------------------------- ------------------------------------------------------------------------- STATE OF IOWA,STORY COUNTY,ss. I,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 1 consecutive week(s)November 1,2001 and the last of said publication was on the 1 st day of November 2001. LEGAL NOTICE; #43802 NOTICE OF PROPOSED ACTION 7 O INSTITUTE PROCEEDINGS FOR THE sworn to before me and subscribed in m ISSUANCE OF GENERAL OBLIGATION presence by Tom Hawley/Kristine A.Strum REFUNDING BONDS this the 1st day of November,2001. The City Council of the City of Ames,Iowa, will meet on the 13th day of Novemb§r, 2001,at the Council Chambers,City Halloin the City,at seven obbck p.m.,for the purpose X� r , of instituting proceedings and taking action c � ��/ for the issuance of not to exceed$4,000,000 .n VIRGINiA A. BRANNAN General Obligation Refunding Bonds (the c 'Refunding Bonds") for the purposep MY COMMIS I EXPIRE refunding$3,770,000of the CWsoutstandir�g General Obligation Refunding Bonds,Series �O r 1993,dated February 15,1993. � The Refunding Bonds, when issued, will Notary Public constitute general obligations of the City.?It in and for the State Of Iowa such time and place the Council shall recewe My commission expires 11/28/2003 oral or written objections from any resident or properly owner of the City.After rQceiving objections,the City may determine to issue the Refunding Bonds, in which case,the decision will be final unless appealed to the District court within fifteen(15)days thereafter. By order of the City Council and pursuantlo FEES: $11.33 Section 384.26(5)(a)(2)of the Code of Iowa. NO, 43802 Diane Voss ; AMES05 City Clerk Published in The Tribune on November.l,. 2001.