HomeMy WebLinkAboutA018 - Proof of publication dated August 5, 2003 - Notice of SaleProof Of Publication In
THE TRIBUNE
STATE OF IOWA, STORY COUNTY,ss.
1, 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 BOND SALE
was published in said newspaper for 1
consecutive week(s) August 5, 2003
and the last of said publication was on th,e.__- - -
5th day of August, 2003.
sworn to before me and subscribed in /Y
presence by Tom Hawley Kristine A. Strum
this the 5th day of August, 2003.
... ...... . ...... . ........
Notary Public
in and for the State Of Iowa
My commission expires 11/28/2003
FEES: $41.18
NO. 45587
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#45587
NOTICE OF SALE
City of Ames, Iowa
$6,565,000 General Obligation
Corporate Purpose Bonds,
Series 2003
Sealed bids will be received on behalf of the
City of Ames,. Iowa, until 10.00 o'clock a.m.
on the 12th day of August, 2003, at the
office of the City Clerk, City Hall, 515 Clark
Avenue, Arnes, Iowa 50010, for the purchase
of $6,555,000 General Obligation Corporate
Purpose Bonds, Series 2003, of the City, at
which time such bids will be opened and
canvassed. Thereafter such bids will be
presented to the City Council for consideration
at its meeting to be held at seven o'clock p.m.
art the same date at the Council Chambers,
City Hall, Ames, Iowa, at which time the
Bonds will be sold to the best bidder for
cash. No open bids will be accepted, The
Bonds will be issued as fully registered
bonds in denominations of $5,000 or any
Post -I " Fax Note 7671
T TC)
,
—L
co A.
e #
integral multiple thereof, will be dated
September 1, 2003, will bear interest payable
.. arniannually on eachJun6 I and December
I to maturity, commencing June 1, 2004, and
will mature on June 1 in the following years
and amounts:
Principal Principal
Year Amount Year Amount
2004 $550,000 2010 $545,000
2005 $550,000 2011 $545,000
2006 $550,000 2012 $545,000
2007 $545,000 2013 $545,000
2008 $545,000 2014 $545,000
2009 $545,000 2015 $545,000
The right is reserved to the City to call and
redeem all of the Bonds maturing in .the,
years 2012 to 2015„ inclusive, in whole or from
time to time in part, in one or more units of
$5,000, on June 1, 2011, or on any date
thereafter, prior to and in any order of maturity
(and within a maturity by lot), upon terms of
par and accrued interest. Bidders must
specify a price of not less than $6,515,670,
plus accrued interest. The legal opinion of
Dorsey & Whitney LLP, Attorneys, Des
Moines, Iowa, will be furnished by the City.
Co.
Fax 4
A good faith deposit of $65,550 is required
and may be forfeited to the City in the event
the suocessful bidder fails or refuses to lake
and pay for the Bonds. The City reserves the
right,to reject any or all bids and to waive
irregUlantles in any bid. The Bonds are being
issued pursuant to the provisions of Division
III of Chapter 384 of the Code of Iowa and
will constitute general obligations of the City,
payable from taxes levied upon all the taxable
property in the City without firnitatlon as to
rate or amount. In order to perr'nit bidders for
the Bonds and other participating underwriter,,,,
in the primary offering of the Bonds to comply
with paragraph (b)(5) of Rule 15c2.12
prornulgatwl by the Securities and Exchange
Commission under the Securities Exchange
Art of 1934 (the 'Rule"), the C Ay will covenant
and agree, for the benefit of the registered
holders and beneficial owners from tirne to
drone of Ific, outstanding Bonds, in the resolution
awarding the sale and prescribing 0're terms
of the Bonds, to provide annual reports of
specified information and notice of the
occurrence of certain events, if rnateiial,
The City is the only "obligated person"" with
respect to the Bonds within the meaning of
the Rule for the purposes of disclosing
information on an ongoing basis. A description
of the undertaking is set forth in the Official
Statement Failure of the City to enter into
an undertaking substantially similar to that
described in the Official Statement would
relieve the successful bidder of its obligation
to purchase the Bonds. The City has compiled
In all material respects with any undertaking
previously entered into by it Under the Rule,
Bidders should be aware that the official
terms of offering to be published in the
Official Statement for the Bonds contain
additional bidding terms and information
relative to the Bonds. in the event of a
variance between statements in this Notice
of Sale (except with respect to the time and
I'Aace of the sale of the Bonds and the
princlipal arnount offered for safe) and said
official terrrm of offering„ the provisions of the
latter shal control
By order of the City Council of Ames, Iowa,
Diane Voss, City Clerk
Published in "The Tribune on August 5, 2003"
Ames/41 9370-29/N/Sale & Cert
(PLEASE NOTE: Do not date and return this certificate until you have received the
publisher's affidavit and have verified that the notice was published on the date indicated
in the affidavit.
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
1, the undersigned, City Clerk of the aforementioned City, do hereby certify that the
notice, of'which the printed slip attached to the publisher's affidavit hereto attached is a true and
complete copy, was published on the date and in the newspaper specified in Such affidavit, which
newspaper is published in Story County.
WITNESS MY HAN[) and the sea] of" the City hereto affixed this . . ...... . day of
.2003,
City Clerk
(Seal)
(Attach here the publisher's original affidavit with clipping of the notice, as published.)
-3-
DORSFY & WI II'I NFY 111), ATTORNEYS, DFS MOINFS, IOWA