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HomeMy WebLinkAbout~Master - $5,885,000 General Obligation Corporate Purpose Bonds 2002B 1� DORSEY & WHITNEY LLP ATTORNEYS AT LAW MINNEAPOLIS 801 GRAND, SUITE 3900 COSTA MESA NEW YORK DES MOINES, IOWA 50309 FARGO SEATTLE HONG KONG TELEPHONE: (515) 283-1000 DENVER GREAT FALLS FAX: (515) 283-1060 WASHINGTON,D.C. AOCHESTER NORTHERN VIRGINIA www.dorseylaw.com TOKYO DES MOINES MISSOULA LONDON VANCOUVER ANCHORAGE TORONTO SALT LAKE CITY SHANGHAI BRUSSELS September 6, 2002 Diane R. Voss City Clerk 2 City Hall �3 Post Office Box 811 515 Clark Avenue Ames, Iowa 50010 Re: Ames, Iowa +I�$5,885,000 General Obligation Corporate Purpose Bonds, Series 2002B VA IS 6kff) DC-Z) /� 7,825,000 General Obligation Refunding Bonds, Series 2002C oG;3 VV $7,620,000 Electric Revenue Refunding Bonds, Series 2002D Dear Diane: We have prepared and enclose separate transcripts of proceedings for the September 10 meeting to enable the Council to set September 24 as the date for the hearing and for the sale and issuance of each of the captioned issues. The proceedings enclosed for each issue are as follows: �j ✓ 1. Minutes of the meeting to fix the time and place for the hearing and for the sale and issuance of the Bonds,with resolution following. ✓" The notice of hearing and notice of sale are set out under the resolution, and an extra copy of each notice is enclosed for delivery to the newspaper.J 2. Certificate attesting the transcript. 3. Organization Certificate. �4. Certificate with respect to publication of the notices, to which must be attached the publisher's affidavits of publication with clippings of the notices as published. DORSEY & WHITNEY LLP Page 2 Each of the notices must be published at least once not less than 4 nor more than 20 days prior to the date set for the hearings and for the sale of the Bonds in a legal newspaper located in Story County or in a contiguous county and having a general circulation in the City. Please have the newspaper fax or email us proof copies of the notices as soon as possible so that we can review them for sufficiency as far in advance of the publication date as possible. Please return one fully executed copy of all of the completed pages in the enclosed proceedings, except the certificates attesting to the publication of the notices (the last page of each set of proceedings)*Please return that page of each transcript to us after you have received the publisher's affidavits with respect to the notices. We understand that there is sufficient cash on hand in your debt service fund to pledge to the payment of the interest and principal coming due the Corporate Purpose Bonds on June 1, 2003, and therefore we need not include the first fiscal year of debt service for this issue in the tax levy for collection in the fiscal year beginning July 1, 2003. In the issuance resolution we will make provision for this internal pledge. If this is not correct please advise us immediately. !, ' If you have any questions, please don't hesitate to call. �J ery truly yours, Robert H. Helmick RHH Ames/419370-25/1st%GBS Enclosures cc: Steven Schainker Duane Pitcher John Klaus Dave Dirks Heather Casperson