HomeMy WebLinkAboutA013 - Letter to Dorsey & Whitney dated October 8, 2002 - final delivery certificate, Form 8038, BondsCaring P«)pk Iq
Quality Programs
Exceptional Service
October 8, 2002
Dorsey & Whitney LIT
801 Grand, Suite 3900
Des MoIncs, Iowa 50309
Attention Robert 1-1. Helmick
City Clerk's Office
515 Clark Ati enue, 1). (), Box 811
Ames, 1A 50010
Phone: 515-239-5105
Fax: 515-239-5142
RE: Arises, Iowa
$5,885,000 General Obligation. Corporate Purpose Bonds, Series 20028
Your File No. 419370-25
Dcar Bob:
Enclosed please find the following documents pertaining to the above -referenced file.
1. Two fully executed copies of the Final Delivery Certificate
2, IRS 8038 form
3. Printed Bonds, numbered I thru 12
If you have any questions, please call. Thank you for Your assistance.
Sincerely,
Diane R. Voss
City Clerk
/dry
Enclosures
Aines/419370-25/1-'DC & Ltr
419370-25 FDC - G.O. Corporate Purpose
We, the undersigned Mayor, City Clerk and City Treasurer, of the City of Ames, in Story
County, Iowa (the "City"), do hereby certify that we are now and were at the time of the
execution of the City's $5,885,000 General Obligation Corporate Purpose Bonds, Series 2002B,
dated October 15, 2002 (the "Series 2002B Bonds"), the officers respectively above indicated;
and that in pursuance of Chapter 384 of the Code of Iowa and a resolution adopted by the City
Council on September 24, 2002 (the "Resolution"), the Series 2002E Bonds have been
heretofore lawfully authorized and this day by us lawfully issued, sold and delivered to the
purchaser thereof (the "Purchaser"), and the Purchaser has paid the City $5,879,001, receipt of
which is hereby acknowledged, which amount represents the purchase price of the Series 2002E
Bonds ($5,879,001), plus accrued interest ($-0-). The Series 2002E Bonds mature on June I in
each of the years, in the respective principal amounts and bear interest payable semiannually,
commencing June 1, 2003, at the respective rates, as follows:
Principal
Interest Rate
Principal
Interest Rate
Year
Amount
Per Annum
Year
Amount
Per Annum
2003
$480,000
2.25%
2009
$485,000
3.00%
2004
$430,000
2.25%
2010
$500,000
3.15%
2005
$435,000
2.50%
2011
$515,000
3.25%
2006
$445,000
2.50%
2012
$535,000
3.30%
2007
$455,000
2.75%
2013
$555,000
3.45%
2008
$470,000
3.00%
2014
$580,000
3.60%
Each of the Series 2002E Bonds has been executed with the facsimile signatures of the
aforesaid officers, with a facsimile of the official sea] of the City imprinted thereon; and the
Series 2002B Bonds have been fully authenticated by the City Treasurer as Bond Registrar and
Paying Agent and registered as to principal and interest in the names of the owners on the
registration books of the City.
We further certify that the Series 2002E Bonds are being issued for the purpose of
defraying the cost of the acquisition of fire apparatus and equipment; and the construction of
various street, storm sewer and bridge improvements (the "Projects").
We further certify that no controversy or litigation is pending, prayed or threatened
involving the incorporation, organization, existence or boundaries of the City, or the titles of the
aforesaid officers to their respective positions, or the validity of the Series 2002B Bonds, or the
power and duty of the City to provide and apply adequate taxes for the full and prompt payment
of the principal of and interest on the Series 2002B Bonds, and that none of the proceedings
incident to the authorization and issuance of the Series 2002E Bonds has been repealed or
rescinded.
We further certify that no appeal of the decision of the City Council to issue the Series
2002B Bonds has been taken to the district court.
DORSEY & WI4nNEY LIT, ATI'ORNEYS, DES MOINES, IOWA
Ames/419370-25/FI)C & Ur
We further certify that all meetings held in connection with the Series 2002B Bonds were
open to the public at a place reasonably accessible to the public and that notice was given at least
24 hours prior to the commencement of all meetings by advising the news media who requested
notice of the time, date, place and the tentative agenda and by posting such notice and agenda at
the City Hall or principal office of the City on a bulletin board or other prominent place which is
easily accessible to the public and is the place designated for the purpose of posting notices of
meetings.
We further certify as follows:
The Total Project Costs are estimated to be at least $5,885,000.
2. The net sales proceeds of the Series 2002B Bonds are $5,907,190.15 (the "Net
Sales Proceeds"), the same being the Issue Price thereof.
3. The Net Sales Proceeds, including investment earnings thereon, will be invested
by the City without restriction as to yield for a period not to exceed three years from the date
hereof (the "Three Year Temporary Period"), the following three tests being reasonably expected
to be satisfied by the City:
a. Time Test: The City has entered or, within six months of the date
hereof, will enter into binding contracts for the Projects with third parties (e.g.
engineers or contractors);
i. which are not subject to contingencies directly or
indirectly within the City's control;
ii. which provide for the payment by the City to such
third parties of an amount equal to at least 5% of the Net Sales
Proceeds;
b. Expenditure Test: At least 85% of Net Sales Proceeds will be
applied to the payment of Total Project Costs within the Three Year Temporary
Period; and
C. Due Diligence Test: Acquisition and construction of the Projects
to completion and application of the Net Sales Proceeds to the payment of Total
Project Costs will proceed with due diligence.
4. The Series 2002B Bonds are payable from ad valorem taxes levied against all
taxable property within the City which will be collected in a Debt Service Fund and applied to
the payment of interest on the Series 2002E Bonds on each June I and December I and principal
of the Series 2002E Bonds on each June I (the 12-month period ending on each June I being
herein referred to as a "Bond Year"); the Debt Service Fund is used primarily to achieve a proper
matching of taxes with principal and interest payments within each Bond Year; the Debt Service
Fund will be depleted at least once each Bond Year except for a reasonable carryover amount not
to exceed the greater of (i) the earnings on the fund for the immediately preceding Bond Year; or
(ii) 1/12 of the principal and interest payments on the Series 2002B Bonds for the immediately
-2-
DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Ames/419370-25/FL)C & Ltr
preceding Bond Year; amounts on deposit in the Debt Service Fund will be invested by the City
without restriction as to yield for a period of 13 months after their date of deposit.
5. The City Council has adopted resolutions declaring its official intent to acquire
and construct the Projects and finance the same with the Series 2002B Bonds (the "Intent
Resolutions"); none of the Total Project Costs to be paid for from the Net Sales Proceeds are for
expenditures made for a Project more than 60 days prior to the date of adoption of the Intent
Resolution with respect to that Project, except for (i) costs of issuance of the Series 2002B
Bonds; (ii) costs aggregating an amount not in excess of the lesser of $100,000 or 5% of the Net
Sales Proceeds; (iii) costs for preliminary expenditures (including architectural, engineering,
surveying, soil testing, and similar costs incurred prior to commencement of acquisition or
construction of the Projects, other than land acquisition, site preparation and similar costs) not in
excess of 20% of the Issue Price of the Series 2002E Bonds; the City will allocate Net Sales
Proceeds to reimbursement of such expenditures no later than 18 months after the later of (i) the
date any such expenditure was originally paid or (ii) the date the Project is placed in service, but
in no event more than 3 years after such expenditure was originally paid; and such allocations
will be made by the City in writing.
6. Not more than 50% of the Net Sales Proceeds will be invested in nonpurpose
investments (as defined in Section 148(t)(6)(A) of the Internal Revenue Code of 1986, as
amended (the "Code")) having a substantially guaranteed yield for four years or more (e.g., a
four-year guaranteed investment contract or a Treasury Obligation that does not mature for four
years).
7. The weighted average maturity of the Series 2002B Bonds does not exceed the
reasonably expected economic life of the Project.
8. Any amount received as accrued interest will be set aside and deposited into the
City's Debt Service Fund as provided in the Resolution and used to pay interest on the Series
2002E Bonds due on the first payment date.
9. To our best knowledge and belief, there are no facts, estimates or circumstances
which would materially change the foregoing conclusions.
On the basis of the foregoing, it is not expected that the Net Sales Proceeds will be used
in a manner that would cause the Series 2002E Bonds to be "arbitrage bonds" under Section 148
of the Code and the regulations prescribed under that section. The City has not been notified of
any listing or proposed listing of it by the Internal Revenue Service as a bond issuer whose
arbitrage certifications may not be relied upon.
We further certify that the Purchaser has advised the City that the reasonably expected
reoffering price of the Series 2002E Bonds to the public is $5,907,190.15.
We further certify that due provision has been made for the collection of taxes sufficient
to pay the principal of and interest on the Series 2002B Bonds when due, commencing with the
levy of taxes for collection in the fiscal year beginning July 1, 2003 (provisions having been
previously made, and funds being on hand and pledged to pay the interest on and principal of the
Series 2002B Bonds coming due in the fiscal year which began July 1, 2002).
-3-
DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Ames/419370-25/FDC & Ltr
IN WITNESS WHEREOF, we have hereunto affixed our hands and the seal of the
aforementioned City, as of October 15, 2002,
(Seal)
CIZTYQY, XAME WA
Mayor
City Clerk
City TreasureV
-4-
DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
419370-25 (GO Corp Purp Bonds)
Form 8038-G I Information Return for Tax -Exempt Governmental Obligations
10- Under Internal Revenue Code section 149(e) OMB No. 1545-0720
(Rev. November 2000) 10- See separate Instructions.
Department ate Treasury
internal Revenue Service Caution: ff the issue price is under $ 100,000, use Form 8 0 3 8 -GC
0.1111—Renortino Authoritv If Amended Return, check here 0,, El
1
Issuer's name
2 Issuer's employer identification number
City of Ames
42 : 6004218
3
Number and street (or P.O. box if mail is not delivered to street address)
Room/suite
4 Report number
515 Clark Avenue
2002-2
5
City, town, or post office, state, and ZIP code
6 Date of issue
Ames, Iowa 50010
10/15/02
7
Name of issue
8 CUSIP number
General Obligation Corporate Purpose Bonds, Series 2002E
030807
9
Name and title of officer or legal representative whom the IRS may call for more information
10 Telephotmtyberofofficeorlegateftesctative
Dorsey & Whitney LLP, Des Moines, IA Bond Counsel
( 515 ) 283-1000
JIMM Type of Issue (check applicable box(es) and enter the issue rice) See instructions and attach scneauie
11 El Education . . . . . . . . . . . . . . . . . . . . . . 11 —
12 CJ Health and hospital . . . . . . . . . . . . . . . . . . 12
13 El Transportation . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 El Public safety . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 D Environment (including sewage bonds) . . . . . . . . . . 15
16 El Housing . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 ❑ Utilities . . . . . . : * 17
18 Other. Describe No- fire equipment; and street, storm sewer and bridge Improvements * 118:9::7;22 6,907,190
19 If obligations are TANS or RANs, check box lo, El If obligations are BANS, check box 0- El
20 If obligations are in the form of a lease or installment sale, check box . . . . ► El I
12. Descri Lion of Cibi qp!jqations. Complete far the entire issue for which this form is being, filed.
(a) Final maturity date (b) Issue price (c) stated redemption (C) Weighted (e) Yield
price at maturity average maturity
21 06/01/14 $ 5,907,190 $ 5,885,000 6.395 years 2.8068 %
12. JEJ —Uses of Proceeds of Bond Issue (including underwriters' discount
22 Proceeds used for accrued interest . . . . . . 22
23 Issue price of entire issue (enter amount from line 21, column (b)). . . . . . . . . 23 5,907,190
24 Proceeds used for bond issuance costs (including underwriters' discount) 24 56,1 �9
'1
25 Proceeds used for credit enhancement . . . . . . . 25
26 Proceeds allocated to reasonably required reserve or replacement fund 26
27 Proceeds used to currently refund prior issues . . . . . 27
28 Proceeds used to advance refund prior issues . . . . . 28
29 Total (add lines 24 through 28) . . . . . . . . . . . . . . . . . . . . . . 29 56,189
30 Nonrefu d' . proceeds of the issue (subtract line 29 from line 23 and enter amount here) .130 1 5,851,001
Descri tion of Refunded Bonds Com late this art onl for refundin bonds.
31 Enter the remaining weighted average maturity of the bonds to be currently refunded 1110. years
32 Enter the remaining weighted average maturity of the bonds to be advance refunded 10, years
33 Enter the last date on which the refunded bonds will be called . . . . . . . . . . . ►
34 Enter the date(s) the refunded bonds were issued ►
1 TIM! IM Miscellaneous
35 Enter the amount of the state volume cap allocated to the issue under section 141(b)(5) 35
36a Enter the arrarit of gross prozeeds, irttested or to be invested in a guaraleed investmert cortw (see Instructions) 36a
b Enter the final maturity date of the guaranteed investment contract 10.
37 Pooled financings: a Proceeds of this issue that are to be used to make loans to other goverrtnental Units 37a
b If this issue is a loan made from the proceeds of another tax-exempt issue, check box 10, F-1 and enter the name of the
issuer 10, and the date of the issue ►
38 If the issuer has designated the issue under section 265(b)(3)(B)(i)(111) (small issuer exception), check box . . .
39 If the issuer has elected to pay a penalty in lieu of arbitrage rebate, check box . . . . . . . . . . . . ► D
40 If the issuer has identified a hedge, check box . . . . . . . . . . . . . . . . io, El
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge
and belief, they are true, correct, and complete.
Sign
Here 10/15/02 Diane R. Voss, City Clerk
�) l6l , A 4 �, —
nature of issuer's authorized representative Date
111I�Sig �tot issuer's � Type or print name and title
For Paperwork Reduction Act Notice, see page 2 of the Instructions. Cat. No. 63773S Form 8038-G (Rev. 11-2000)
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UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
Na. I SERIES 20028 $480,000
RATE MATURITY DATE BOND DATE CUSIP
2.25% June 1, 2003 October 15, 2002 030807 XM 8
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Cede & Co.
or registered assigns, the principal sum of
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose unfit the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002B Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all of
the Series 2002B Bonds of any like maturity are to be redeemed, the particular part of those Series 2002B Bonds to be redeemed shall be selected
by lot. The Series 2002B Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002B Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002B Bond, a new Series 2002B Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002B Bond. Notice of such redemption as aforesaid identifying the
Series 2002B Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002B
Bonds as to which the City reserves and exercises the tight of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
. This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other Purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been property existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
CITY OF rOWA
By.
Mayor
Attest:
0- T" .
tr
City Clerk
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002B Bonds described in the within -mentioned resolution.
City Treasurer, AMT owa
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM as tenants in common
TEN ENT as tenants by the
entireties
IT TEN as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Cost)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
No. 2 SERIES 20028 $430,000
RATE MATURITY DATE BOND DATE CUSIP
2.25% June 1, 2004 October 15, 2002 030807 XN 6
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FOUR HUNDRED THIRTY THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002B Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all Of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by lot. The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002E Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002E Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official scal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature Of
its City Clerk, all as of October 15, 2002.
CITY' OF IOWA
By.
Mayor
Attest:
.............
SEA�7
City Clerk
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002E Bonds described in the within -mentioned resolution.
6ty "Treasurer, Ames
e wa
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entireties
JT TEN - as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Gust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint -
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002E
No. 3 $435,000
RATE MATURITY DATE BOND DATE CUSLP
2.50% June 1, 2005 October 15, 2002 030807 XP I
The City of Ames (the "City'"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FOUR HUNDRED THIRTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002E Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements,
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by lot. The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002E Bond in a denotnination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002B Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002B Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
address" shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsirnile signature of
its City Clerk, all as of October 15, 2002.
CITY OF Alag, IOWA
By.
Mayor
Attest:
17
City Clerk
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002B Bonds described in the within -mentioned resolution.
t y AT,,, Treasurer, r,� �Ames,
M
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entircties
JT TEN - as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Gust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE -_11 NSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AS
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002E
No. 4 $445,000
RATE MATURITY DATE BOND DATE CUSIP
2,50% June 1, 2006 October 15, 2002 030807 XQ 9
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FOUR HUNDRED FORTY-FfVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annurn specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon ternis of par and accrued interest. If less than all of
the Series 2002B Bonds of any like maturity are to be redeemed, the particular part of those Series 2002B Bonds to be redeemed shall be selected
by lot. The Series 2002B Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002B Bond in a denomination of mom than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002B Bond, a new Series 2002B Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002B Bond. Notice of such redemption as aforesaid identifying the
Series 2002B Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 not more than 60 days prior to such redemption date. All of such Series 2002B
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been property existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTM40NY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official sea), to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
CITY OF9, r0WA
By,���
Mayor
Attest:
City Clerk w",
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002B Bonds described in the within -mentioned resolution.
CityTreasurer, Ames, It a
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM as tenants in common
TEN ENT as tenants by the
entireties
JT TEN as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Gust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002E
No. 5 $455,000
RATE MATURITY DATE BOND DATE CUSIP
2.75% June 1, 2007 October 15, 2002 030807 XR 7
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FOUR HUNDRED FIFTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annurn specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002E Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all Of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by lot. The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002E Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002E Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date,
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the teal and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsirnile signature of
its City Clerk, all as of October 15, 2001
CITY OF TOWA
BY.
Mayor
Attest:
City Clerk w"
I U�i'
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002E Bonds described in the within -mentioned resolution.
•
fX
City AX.e,, I a
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entireties
JT TEN - as joint tenants with fight
of survivorship and not as
tenants in common
UTMA
(Cust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
FL -EASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002E
No. 6 $470,000
RATE MATURITY DATE BOND DATE CUSIP
3.00% June 1, 2008 October 15, 2002 030807 XS 5
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FOUR HUNDRED SEVENTY THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by lot The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002E Bond in a derion-driation of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002E Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal Property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Arnes, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official sea], to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
CITY OE S, MWA
By.
Mayor
Attest:
L
City Clerk
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002E Bonds described in the within -mentioned resolution.
City Treasurer, Ames,
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entireties
JT TEN - as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Cust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
iL-EASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The -signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
No. 7 SERIES 20028 $485,000
RATE MATURITY DATE BOND DATE CUSIP
3.00% June 1, 2009 October 15, 2002 030807 XT 3
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
Cede & Co.
or registered assigns, the principal sum of
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annurn specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon tertris of par and accrued interest. If less than all Of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by lot The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002E Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002E Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the tight of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation Of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute Owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the sarrie will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
Attest:
City Clerk
Registration Date: October 15, 2002
CITY OF AbR9 TO WA.
By.
Mayor
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002B Bonds described in the witbin-mentioned resolution.
City r asurer, Ames, I
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM as tenants in common
TEN ENT as tenants by the
entireties
JT TEN as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Cult)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002E
No, 8 $500,000
RATE MATURITY DATE BOND DATE CUSIP
3.15% June 1, 2010 October 15, 2002 030807 XU 0
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
Cede & Co.
or registered assigns, the principal sum of
FIVE HUNDRED THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commericing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto, Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002E Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in confortnity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by lot. The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002E Bond in a denornination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002E Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the teal and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
CITY OF A-WS, IOWA
By,
Mayor
Attest:
............
Ar� "A
ISEAL
yw,
City Clerk \
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002B Bonds described in the within -mentioned resolution.
Ci—Treasurer, Ames,
A13BREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common UTMA
TEN ENT as tenants by the
entireties
JT TEN as joint tenants with right
of survivorship and not as
tenants in common
(Cust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address 01 Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
No. 9 SERIES 20028 $515,000
RATE MATURITY DATE BOND DATE CUSIP
3.25% June 1, 2011 October 15, 2002 030807 XV 8
The City of Ames (the "City"), in the County of story, State of Iowa, for value received, promises to pay on the maturity date of this
Band to
or registered assigns, the principal sum of
Cede & Co.
FIVE HUNDRED FIFTEEN THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, unfit paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duty authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002E Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. if less than all of
the Series 2002E Bonds of any like maturity are to be redeemed, the particular part of those Series 2002E Bonds to be redeemed shall be selected
by let The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any. Series
2002E Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002E Bond, a new Series 2002E Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002E
Bonds as to which the City reserves and exercises the tight of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner,
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other Purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and constitution of the State of to—,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been property existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
CITY OFA,Ws,mw,A
By,
Mayor
Attest:
rcr
City Clerk 4w"'
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002B Bonds described in the within -mentioned resolution.
City Treasurer, Ames&la
The following abbreviations, when used in this Bond, shall he construed as though they were written out in full according to
applicable laws or regulations:
TEN COM as tenants in common
TEN ENT as tenants by the
entireties
JT TEN as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Gust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002B
No. 10 $535,000
RATE MATURITY DATE BOND DATE CUSIP
3.30% June 1, 2012 October 15, 2002 030807 XW 6
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FIVE HUNDRED THIRTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in confortnity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002B Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest. If less than all of
the Series 2002B Bonds of any like maturity are to be redeemed, the particular part of those Series 2002B Bonds to be redeemed shall be selected
by lot The Series 2002B Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002B Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002B Bond, a new Series 2002B Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002B Bond. Notice of such redemption as aforesaid identifying the
Series 2002B Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002B
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duty authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15,2002.
CITY OF , MWA
By
Mayor
Attest:
(9 City Clerk
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002E Bonds described in the within -mentioned resolution.
City'freasurer, Ames, �Io
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM as tenants in common
TEN ENT as tenants by the
entireties
JT TEN as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Gust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
No. 11 SERIES 2002E $555,000
RATE MATURITY DATE BOND DATE CUSIP
3.45% June 1, 2013 October 15, 2002 030807 XX 4
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FIVE HUNDRED FIFTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum, specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
an the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar,
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements,
The City reserves the right to call and redeem part or all of the Series 2002B Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest, If less than all of
the Series 2002B Bonds of any like maturity are to be redeemed, the particular part of those Series 2002B Bonds to be redeemed shall be selected
by lot. The Series 2002E Bonds may be called in part in one or more units of $5,000. If less than the entire principal amount of any Series
2002B Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002B Bond, a new Series 2002B Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002E Bond. Notice of such redemption as aforesaid identifying the
Series 2002E Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002B
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall he valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute Owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seat, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature Of
its City Clerk, all as of October 15, 2002.
Attest:
City Clerk
Registration Date: October 15, 2002
CITY OF A 7UWA
By.
Mayor
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002E Bonds described in the within -mentioned resolution.
City Ame0owa
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entircties
JT TEN - as joint tenants with right
of survivorship and not as
tenants in common
BETA
(Cult)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE and does hereby irrevocably appoint Attorney, to transfer this Bond on the books kept for registration
thereof with full power of substitution
Dated:
Signature guaranteed:
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.
UNITED STATES OF AMERICA
STATE OF IOWA COUNTY OF STORY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,
SERIES 2002E
No. 12 $580,000
RATE MATURITY DATE BOND DATE CUSIP
3.60% June 1, 2014 October 15, 2002 030807 XY 2
The City of Ames (the "City"), in the County of Story, State of Iowa, for value received, promises to pay on the maturity date of this
Bond to
or registered assigns, the principal sum of
Cede & Co.
FIVE HUNDRED EIGHTY THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer, Ames, Iowa
(hereinafter referred to as the "Bond Registrar" or the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified
above from the date of this Bond, or from the most recent interest payment date on which interest has been paid, on June I and December I of
each year, commencing June 1, 2003, except as the provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registration books of the City at the close of business
on the fifteenth day of the month next preceding the interest payment date and shall be paid by check or draft mailed to the registered owner at
the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been
signed by the Bond Registrar.
This Bond is one of a duly authorized series of bonds (the "Series 2002B Bonds") issued by the City pursuant to and in strict
compliance with the provisions of Division III of Chapter 384 and Chapter 76 of the Code of Iowa, 2001, and all laws amendatory thereof and
supplementary thereto, and in conformity with a resolution of the City Council duly passed, approved and recorded for the purpose of defraying
the cost of the acquisition of fire apparatus and equipment; and the construction of various street, storm sewer and bridge improvements.
The City reserves the right to call and redeem part or all of the Series 2002B Bonds maturing in each of the years 2012 to 2014,
inclusive, prior to and in any order of maturity on June 1, 2011, or on any date thereafter upon terms of par and accrued interest, If less than all Of
the Series 2002B Bonds of any like maturity are to be redeemed, the particular part of those Series 2002B Bonds to be redeemed shall be selected
by lot. The Series 2002B Bonds may be called in part in one or more units of $5,000, If less than the entire principal amount of any Series
2002B Bond in a denomination of more than $5,000 is to be redeemed, the Bond Registrar will issue and deliver to the registered owner thereof,
upon surrender of such original Series 2002B Bond, a new Series 2002B Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Series 2002B Bond. Notice of such redemption as aforesaid identifying the
Series 2002B Bond or Bonds (or portion thereof) to be redeemed shall be mailed by certified mail to the registered owners thereof at the
addresses shown on the City's registration books not less than 30 nor more than 60 days prior to such redemption date. All of such Series 2002B
Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest in the name of the owner on the books of the
City in the office of the Bond Registrar, after which no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to the Bond Registrar or the assignment form hereon
completed and duly executed by the registered owner or the duly authorized attorney for such registered owner.
The City, the Bond Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the
purpose of receiving payment of or on account of principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the laws and Constitution of the State of Iowa,
to exist, to be had, to be done or to be performed precedent to and in the issue of this Bond were and have been property existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a sufficient continuing annual tax on all the taxable
property within the City for the payment of the principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably pledged for the prompt payment hereof, both
principal and interest; and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations.
IN TESTIMONY WHEREOF, the City of Ames, Iowa, by its City Council, has caused this Bond to be sealed with the facsimile of its
official seal, to be executed with the duly authorized facsimile signature of its Mayor and attested with the duly authorized facsimile signature of
its City Clerk, all as of October 15, 2002.
CITY OF S, MWA
By.
Mayor
Attest:
10%i� �Xql%k
............
City Clerk
Registration Date: October 15, 2002
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Series 2002E Bonds described in the within -mentioned resolution.
6-t—yTreasurer, Amr Iowa
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to
applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entireties
JT TEN . as joint tenants with right
of survivorship and not as
tenants in common
UTMA
(Gust)
As Custodian for
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _
thereof with full power of substitution.
Dated:
Signature guaranteed:
Attorney, to transfer this Bond on the books kept for registration
NOTICE: The signature to this Assignment must correspond with
the name of the registered owner as it appears on this Bond in
every particular, without alteration or enlargement or any change
whatever.