HomeMy WebLinkAboutA009 - Letter from Dorsey & Whitney dated October 2, 20025
MINNEAPOLIS
NE1W YORK
SEAI-TL.E
DENVER
WASHINGION, D.C.
NOWMERN VIRGINIA
DES MOINES
LONDON
ANC11ORAGE.
SAT:r TAKE (A'I'Y
BRUSSELS
Diane R. Voss
City Clerk
City Hall
Post Office Box 811
515 Clark Avenue
Ames, Iowa 50010
DORSEY & WHITNEY LLP
NrroRNLYS AT LAW
801 GRAND, SUIrt, 3900
DES MOINES, IOWA 50309
TELEPHONE: (515) 283-1000
FAX: (515) 283-1060
www.dorseylaw.com
October 2, 2002
Re: Ames, Iowa
$7,580,000 General Obligation Refunding Bonds, Series 2002C
Our File No. 419370-27
Dear Diane:
COSTA MESA
FARGO
HONG KONG
GREAT' FAT IS
ROCHESIER
TOKYO
MISSOULA
VANCOUVER
R)R.ONTO
SHANGHAI
We have prepared and enclose four copies of the Final Delivery Certificate covering the
captioned Bonds scheduled for closing on October 15.
Please take the following actions with respect to this certificate:
Review the facts contained in the certificate and advise us of any inaccuracies.
Have this certificate signed and sealed as indicated and return/all four fully
executed copies to Our office as soon as possible. We will provide You with a completed
npleted copy of
the certificate for your records at the time of closing.
Federal law requires that a special form be submitted in order to preserve the tax-exempt
status of the interest earnings on the Bonds. Please sign the enclosed IRS 8038 form and return
it to us so that we can file it with the Internal Revenue Service. The extra copy enclosed is for
the City's records.
Also enclosed are four copies of the Escrow Agreement to be signed on behalf of the
City, after which all four copies should be returned to us so that we can forwarded them to First
DORSEY & WHITNEY LLP
Page 2
American Bank for signature. We will complete the exhibits for the Agreement and provide you
with a fully executed copy at the time of closing.
Finally, we are enclosing the Bonds, numbered from I to 8, inclusive, printed on check -
protective paper to be executed (authenticated) by the City Treasurer as the Bond Registrar and
returned to us.
We will need to receive all of the above documents no later than Friday, October 11, in
order to complete our review and distribute the Bonds and our opinion for closing on October 15.
If you have any questions, or if there is anything further we can do to be of assistance,
please do not hesitate to call.
Very trul yours
Bert
ert H. Helmick
RHH
Ames/419370-27/FDC & Ltr
Enclosures
cc: Steven Schainker
Duane Pitcher
John Klaus
Brian McQuillan
Bryan Hall