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Home My WebLink AboutA005 - Letter to Dorsey & Whitney dated September 19, 2002 City Clerk's Office 515 Clark Avenue,P. 0.Box 811 Caring People Ames,IA 50010 Quality Programs Phone: 515-239-5105 Exceptional 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 2002B $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, Qm,a�'t,UTA4-21 Diane R. Voss City Clerk /dry Enclosures Ames/41 SJ O-New/I°'/z RBS(Ser 2002D) (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 5 Q24 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 i 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 OF AMES NOTICE OF PROPOSED ACTION$8,120,000 ELECTRIC REVENUE REFUNDING BONDS was published in said newspaper for 1 consecutive week(s)September 17,2002 and the last of said publication was on the 17th day of September,2002. LEGAL N O T I C E #44715 NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS FOR THE ISSUANCE OF NOT TO EXCEED$8,120,000 (� ELECTRIC REVENUE REFUNDING BONDS,SERIES 2002D The City Council of the City of Ames,Iowa, sworn to before me and subscribed in my will meet on the 24th of September,2002, presence by Tom Hawley/Kristine A.Strum at the Council Chambers,City Hall,in the City, this the 17th day of September,2002. at seven o'clock p.m., for the purpose of — instituting proceedings and taking action for " the issuance of not to exceed$8,120,000 Electric Revenue Refunding Bonds,Series 2002D (the "Refunding Bonds"), for the VIRGINIA A. BRANNAN purpose of paying the cost,to that extent,of refunding the City's outstanding$9,985,000. Iowa Notarial Seal Electric Revenue Refunding Bonds,Series Commission Number 13 9 1993, dated May 1, 1993.The Refunding Bonds, when issued, will not constitute My Commission Expires: general obligations of the City,nor will they be payable in any manner by taxation but, together with any additional electric revenue obligations of the City as may be hereafter issued and outstanding from time to time, Notary Public ranking on a parity therewith,will be payable in and for the State Of Iowa solely and only from the Net Revenues of the My commission expires 11/28/2003 Municipal Electric Light and Power Plant and System of the City. The Refunding Bonds are proposed to be issued pursuant to authority contained in Division V of Chapter 384 of the Code of Iowa. At the FEES: $16.46 aforementioned time and place, oral or NO. 44715 written objections may be filed or made to AMES05 the issuance of the Refunding Bonds as provided by Section 384.83 of the Code of Iowa. After receiving objections,the Council may take action for the issuance of the Refunding Bonds,in which case,the decision will be final unless appealed to the District Court within fifteen(15)days thereafter. Diane R.Voss,City Clerk Published in The Tribune on September 17,2002. LEGAL NOTICE #4l.<3716 NOTICE OF cA o City of AN-Ines,Iowa $7,620,000*Electric Revenue Refundi"9 Bonds, Series 2002D Sealed bids will be received on behalf of the City of Ames,Story County,Iowa until 11:00 I o'clock a.m.on the 24th day of September, I 2002,at the offices of City Clerk,City Hall, 515 Clark Avenue,Arrles,Iowa 50010,for the purchase of$7,620,ODQ*Electric Revenue Proof Of Publication In Refunding Bonds,Series 2002D,of the City, i THE TRIBUNE at which time such bids will be opened and canvassed. Thereafter such bids will be I presented to the city Counc l for consideration STATE OF IOWA,STORY COUNTYss. at its meeting to be held at seven o'clock p.m. on the same date at the Council Chambers, City Hall Ames, Iowa,at which time the 1,Tom Hawley/Kristine A.Strum,on oath depose Bonds will be sold to the best bidder for and say that I am President/Controller cash. No open bids will be accepted.The Bonds will be issued as fully registered of THE TRIBUNE,a daily newspaper,printed bonds in denominations of$5,000 or any at Ames,Story County,Iowa;that the annexed integral multiple thereof,will be dated October printed 15, 2002, will bear interest payable semiannually on each January 1 and July 1 CITY OF AMES to maturity,commencing January 1,2003, NOTICE OF SALE$7,620,000 ELECTRIC REVENUE and will mature on January'1 in the following ou REFUNDING BONDS years. Pam rincPants: Principal Year Amount Year Amount 2003 $ 215,000* 2006 $1,820,000* 2004 $1,750;000* 2007 $1,860,000* 2005 $1,780,000* 2008 $ 195,000* was published in said newspaper for 1 *The aggregate principal amount of the consecutive week(s)September 17,2002 Bonds,and each scheduled maturity thereof, 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$500,000 in total and $125,000 for any annual maturity,except that [,f the maximum allowable adjustment in 2D03 is$50,000,and the maximum allowable adjustment in 2008 is $95,000;provided sworn to before me and subscribed in my that the City or its designee shall only make presence by Tom Hawley/Kristine A.Strum such adjustments in order to size the Bonds this the 17th day of September,2002. to provide enough funds to effect the refunding in accordance with federal income tax laws and to establish a debt service structure ! that is acceptable to the City.*The dollar amount of the purchase price proposed by VIRGiNIA A. BRANNAN the successful bidder will be changed if the aggregate principal amount of the Bonds is Iowa Notarial Seal adjusted as described above. Generally Commission Number 137 6 any premium offered or discount taken will be increased or reduced bya percentage equal my Commission Expires, 494: to the percentage by hich the principal amount of the Bonds is i reased or reduced provided that the City's' ancial advisor will make every effort toe sure that the net compensation to the suc essful bidder as a Notary Public a percentage of the adjusted par amount does in and for the State Of Iowa My commission expires 11/28/2003 FEES: $53.48 NO. 44716 AMES05