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HomeMy WebLinkAboutA006 - Letter to Dorsey & Whitney dated September 19, 2002 City Clerk's Office 515 Clark Avenue,P.O.Box 811 Caring Peopk Ames,IA 50010 Quality Programs Phone: 515-239-5105 Eueptio'Service Fax: 515-239-5142 September 19, 2002 Dorsey& Whitney LLP 801 Grand, Suite 3900 Des Moines, Iowa 50309 Attention Robert H. Helmick RE: Ames, Iowa $5,885,000 General Obligation Corporate Purpose Bonds, Series 2p02B $7,825,000 General Obligation Refunding Bonds, Series 2002C $7,620,000 Electric Revenue Refunding Bonds, Series 2002D Dear Bob: Enclosed please certificates with respect to publication of the notices, to which are attached the publisher's affidavits of publication for the above three bond issues. If you have any questions, please call. Thank you for your assistance. Sincerely, Diane R. Voss City Clerk /dry Enclosures r Ames/419370-New/1"Vz GBS(Ser 2002C) (PLEASE NOTE: Do not date and return this certificate until you have received the publisher's affidavits and have verified that the notices were published on the date indicated in the affidavits, but please return all other completed pages to us as soon as they are available.) STATE OF IOWA COUNTY OF STORY SS: CITY OF AMES I, the undersigned, Clerk of the aforementioned City, do hereby certify that pursuant to the resolution of its Council, the notices, of which the printed slips attached to the publisher's affidavits hereto attached are true and complete copies, were published on the date and in the newspaper specified in such affidavits, which newspaper is located in Story County or in a county contiguous thereto and has a general circulation in the City. WITNESS MY HAND and the seal of the City hereto affixed this day of �eM , 2002. City Clerk (Seal) (Attach here publisher's original affidavits with clippings of the notices as published. -10- DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA Proof Of Publication In THE TRIBUNE STATE OF IOWA,STORY COUNTY,ss. I,Tom Hawley/Kristine A.Strum,on oath depose and say that I am President/Controller of THE TRIBUNE,a daily newspaper,printed at Ames,Story County, Iowa;that the annexed printed CITY OFAMES LEGAL NOTICE NOTICE OF PROPOSED ACTION$8,225,000 GEN OBLIG.BONDS a44711 NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS FOR THE ISSUANCE OF NOT TO EXCEED$8,225,000 GENERAL OBLIGATION REFUNDING BONDS,SERIES 2002C was published in said newspaper for 1 The City Council of the City of Ames,Iowa, consecutive week(s)September 17,2002 will meet on the 24th of September,2002, and the last of said publication was on the at the Council Chambers,City Hall,in the City, at seven o'clock p.m., for the purpose of 17th day of September,2002. instituting proceedings and taking action for the issuance of not to exceed$8,225,000 General Obligation Refunding Bonds,Series 2002C (the "Refunding Bonds"), for the purpose of advance refunding the City's outstanding $660,000 General Obligation CAL , Corporate Purpose Bonds, Series 1994B, dated October 1,1994,the City's outstanding sworn to before me and subscribed in my $5,030,000 General Obligation Corporate presence by Tom Hawley/Kristine A.Strum Purpose Bonds,Series 1995A,dated May 1,1995,and the City's outstanding$1,750,000 this the 17th day of September,2002. General Obligation Corporate Purpose Bonds, Series 1995B, dated October 1, r 1995. ? L The Refunding Bonds, when issued, will constitute general obligations of the City. VIRGINIA A. �RANNAN At such time and place the Council shall receive oral or written objections from any Iowa Notarial Seal resident or property owner of the City. After ommission Number 137 receiving objections,the City may determine to issue the Refunding Bonds, in which My Commission Expires: case,the decision Will be final unless appealed to the District Court within fifteen(15)days thereafter. By order of the Ctty Council and pursuant to Section 384.26(5)(a)(2)of the Code of Iowa. Notary Public Diane R.Voss,City Clerk in and for the State Of Iowa Published in T e Tribune on September 17, My commission expires 11/28/2003 2002. t r, FEES: $14.81 NO. 44711 AMES05 LEGAL NOTICE #44712 NOTICE OR. City of Ames,Iowa $7,825,000'General Obligation Refunding Bonds, Series 2002C Sealed bids will be received on behalf of the City of Ames,Story County,Iowa until 10:00 o'clock a.m.on the 24th day of September, 2002,at the offices of City Clerk,City Hall, 515 Clark Avenue,Ames,Iowa 50010,for the purchase of$7,825,000' General Obligation Refunding Bonds,Series 2002C, Proof Of Publication In of the City,at which time such bids will be THE TRIBUNE opened and canvassed.Thereafter such bids will be presented to the City Council for consideration at its meeting to be held at seven STATE OF IOWA,STORY COUNTY,ss. o'clock p.m.on the same date at the Council Chambers,City Hall Ames,Iowa,at which time the Bonds will be sold to the best bidder I,Tom Hawley/Kristine A.Strum,on oath depose for cash. No open bids will be accepted.The and say that I am President/Controller Bonds will be issued as fully registered of THE TRIBUNE,a daily newspaper,printed bonds in denominations of$5,000 or any integral multiple thereof,will be dated October at Ames,Story County, Iowa;that the annexed 15, 2002, will bear interest payable printed semiannually on each June 1 and December 1 to maturity,commencing June 1,2003,and CITY OF AMES will mature on June 1 in the following years NOTICE OF SALE$7,825,000 GEN OBLIG.REFUNDING BONDS and amounts: Principal Principal Year Amount Year Amount 2003 $1,450,000- 2007 $1,080,000' 2004 $1,350,000" -2008- .. $ 465,000'. 2005. $1,310,000- 2009 $ 450,000- 2006 $1,280,000- 2010 $ 440,000- The aggregate principal amount of the was published in said newspaper for 1 Bonds,and each scheduled maturity thereof, consecutive week(s)September 17,2002 are subject to increase or reduction by the and the last of said publication was on the City or its designee after the determination 17th day of September,2002. of the successful bidder. Such adjustments shall be made within no more than two hours of the time of proposal opening and shall be in the sole discretion of the City or its designee and will not exceed $400,000 in total and $50,000 for any annual maturity,provided that the City or its designee shall only make such adjustments in order to size the Bonds to provide enough funds to effect the refunding sworn to before me and subscribed in my in accordance with federal income tax laws presence by Tom Hawley/Kristine A.Strum and to establish a debt service structure this the 17th day of September,2002. that is acceptable to the City. 'The dollar amount of the purchase price proposed by the successful bidder will be changed if the t aggregate principal amount of the Bonds is t1' adjusted as described above. Generally any premium offer or discount taken will �/I R G I N I A A. B R A N N A N be increased or redt y a percentage equal Iowa Notarial Seal to the percei gwhich the principal amount of the Bonncreased or reduced ommission Number 9 provided that thefinancialadvisorwill My Commission Expires' make every effonsure that the net compensation to the successful bidder as a Notary Public in and for the State Of Iowa My commission expires 11/28/2003 FEES: $50.60 NO. 44712 AMES05