HomeMy WebLinkAboutA013 - Results of SaleRBC Dain Rauscher Inc. - St Petersburg, FL's Bid
Ames
$6,030,000 General Obligation Corporate
Purpose Bonds, Series 2004
:-or the aggregate principal amount of $6,030,000.00, we will pay you $6,068,376.45, plus accrued interest from the date of issue to
:he date of delivery. The Bonds are to bear interest at the following rate(s):
Maturity Date
Amount $
Coupon %
06/01/2005
600M
2.7500
06/01/2006
535M
2.7500
06/01/2007
545M
2.7500
06/01/2008
560M
2.7500
06/01/2009
580M
2.7500
06/01/2010
595M
3.2500
06/01/2011
620M
3.2500
06/01/2012
640M
3.2500
06/01/2013
665M
3.2500
06/01/2014
690M
3.25001
Total Interest Cost: $1,006,777.08
Premium: $38,376.45
Net Interest Cost: $968,400.63
TIC: 2.995120
Time Last Bid Received On:09/28/2004 9:58:26 CIDST
This proposal is made subject to all of the terms and conditions of the Official Bid Form, the Official Notice of Sale, and the
Preliminary Official Statement, all of which are made a part hereof.
Bidder: RBC Dain Rauscher Inc., St Petersburg, FL
Contact: Maureen Witt
Title:
Telephone: 72 7-895-8830
Fax: 727-505-3625
Issuer Name: City of Ames
Accepted By:
Date: q - 3 0 0 (-1
- Date: q __ 30 -0
Q 1981-2002 i-Deal LLC, All rights reserved, Trademarks
=PFM
The PFM Grotip
Public Financial Management, Inc.
PFIVI Asset Management LLC
PFIVI Advisors
RESULTS OF SALE
SALE DATE: September 28,2004 $6,030,000 General Obligation Corporate Purpose Bonds, Series 2004
City of Ames, Iowa
Due: June 1, 2005-2014 Dated: October 15, 2004
Rating: Moody's "Aaall Bank Qualified: Yes BBI: 4.46%
BIDDERS
Address
Year
Rate
Yield
RBC DAIN RAUSCHER INC.
St. Petersburg, FL
2005
2.750%
1.740%
Price
SUN TRUST CAPITAL MARKETS
Atlanta, GA
2006
2.750%
1.750%
STEPHENS, INC.
Little Rock, AR
2007
2.750%
1.950%
$6,068,376.45
FIRST TRUST PORTFOLIOS
Lisle, IL
2008
2.750%
2.250%
2009
2.750%
2.550%
NIC
2010
3.250%
2.850%
2011
3.250%
3.000%
$968,400.63
2012
3.250%
3.100%
2013
3.250%
3250%
TIR
2014
3.250%
3,350%
2.9951%
BIDDERS Address Year
Rate
LEGG MASON WOOD WALKER Minneapolis, MN 2005
3.000%
Price
2006
3.250%
2007
3.250%
$6,107,258.39
2008
3.250%
2009
3.250%
NIC
2010
3.250%
2011
3.250%
$972,196.86
2012
3.250%
2013
3,250%
TIR
2014
3.350%
2.9979%
2600 Grand Avenue, Suite 214 Des Moines, IA 50312
515-243-2600 515-243-6994 (FAX) www.ofm.com
BIDDERS
Address
Year
Rate
HARRIS TRUST AND SAVINGS BANK
Chicago, IL
2005
3.000%
Price
WELLS FARGO BROKERAGE SERVICES
Minneapolis, MN
2006
3.000%
LLC
2007
3.000%
$6,072,888.20
FTN FINANCIAP CAPITAL MARKETS
Overland Park, KS
2008
3.000%
ISAAK BOND INVESTMENTS, INC.
Denver, CO
2009
3.000%
NIC
NORTHERN TRUST SECURITIES, INC.
Chicago, IL
2010
3.200%
Bankers' Bank
Madison, WI
2011
3.200%
$979,529.04
Dougherty & Company, LLC
Minneapolis, MN
2012
3.200%
First St. Louis Securities, Inc.
St. Louis, MO
2013
3.250%
TIR
Kirlin Securities, Inc.
Syosset, NY
2014
3.300%
Ruan Securities
Des Moines, IA
3.0304%
Axelrod Associates, Inc.
New York, NY
BIDDERS
Address
Year
Rate
MORGAN KEEGAN & COMPANY, INC.
Memphis, TN
2005
2.000%
Price
2006
2.000%
2007
2.250%
$6,041,358.05
2008
2.500%
2009
3.000%
NIC
2010
3.000%
2011
3.250%
$978,805.12
2012
3.250%
2013
3,250%
TIR
2014
3,350%
3.0317%
BIDDERS Address Year
Rate
J.P. MORGAN SECURITIES, INC. Chicago, IL 2005
3.000%
Price
2006
3.000%
2007
3.000%
$6,095,129.95
2008
3.100%
2009
3.200%
NIC
2010
3.300%
2011
3.300%
$986,538.49
2012
3,300%
2013
3.300%
TIR
2014
3.400%
3.0440%
2600 Grand Avenue, Suite 214 Des Moines, 1A 50312
515-243-2600 515-243-6994 (FAX) www. fm.com
BIDDERS
Address
Year
Rate
CITIGROUP GLOBAL MARKETS, INC.
Chicago, IL
2005
2.000%
Price
2006
2.000%
2007
2.250%
$6,126,574.10
2008
2.500%
2009
3,000%
NIC
2010
3.250%
2011
3.500%
$1,001,187.61
2012
3.600%
2013
3.750%
TIR
2014
4.000%
3.0627%
BIDDERS
Address
Year
Rate
DUNCAN-WILLIAMS, INC.
Memphis, TN
2005
1.750%
Price
2006
2.000%
2007
2.000%
$5,998,644.90
2008
2.500%
2009
3.000%
NIC
2010
3.000%
2011
3.000%
$987,019.89
2012
3.100%
2013
3.150%
TIR
2014
3.250%
3.0730%
BIDDERS Address Year
Rate
PIPER JAFFRAY Kansas City, MO 2005
3.000%
Price
2006
3.000%
2007
3.000%
$6,153,620.35
2008
3.000%
2009
3.000%
NIC
2010
3.250%
2011
3.500%
$1,007,515.46
2012
3.600%
2013
1750%
TIR
2014
4.000%
3.0793%
2600 Grand Avenue, Suite 214 Des Moines, IA 50312
515-243-2600 515-243-6994 (FAX) www.pfm,com
BIDDERS
Address
Year
Rate
UMB BANK, N.A.
Kansas City, MO
2005
2.100%
Price
2006
2.150%
2007
2.200%
$5,993,820.00
2008
2.400%
2009
2.600%
NIC
2010
2.800%
2011
3.000%
$990,249.28
2012
3.100%
2013
3.250%
TIR
2014
3.350%
3.0830%
BIDDERS
Address
Year
Rate
ROBERT W. BAIRD & CO.
Milwaukee, W1
2005
3.000%
Price
2006
3.000%
2007
3.000%
$6,147,487.95
2008
3.000%
2009
3.000%
NIC
2010
3.250%
2011
3.500%
$1,013,647.86
2012
3.600%
2013
3.750%
TIR
2014
4.000%
3.1,002%
2600 Grand Avenue, Suite 214 Des Moines, A 50312
515-243-2600 515-243-6994 (FAX) MMM.pfm.com