HomeMy WebLinkAboutA008 - Proof of publication dated September 17, 2004 - Notice of Sale6H
Proof 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) September 17, 2004
and the last of said publication was on the
17th day of September, 2004.
sworn to before me and subscribed in ml
presence by Tom Hawley / Kristine A. Strum
this the 17th day of September, 2004.
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COr�'Irrllwon Number 726%2
MY Colmmssion Expl es
F(trUaq 17 2
Notary Public
FEES: $53.33
NO. 46788
AMES14
Year Arnount
2005— $600,000
2006 $535,000
2007 $545,000
2008 ... $560,000
2009. $580,000
2010-1.1-1 —$595,000
2011 ... ---$620,000
r(
2012 . . . --- ... $640,000
2013.................. $665,000
2014— ... . , , . . — $690,000
The right is reserved to the City to call and
re deern all of the said Bonds The right is
reserved to the City to call and redeem all
of the said Bonds maturing in the years
2013 and 2014 in whole or from time to
time in part, in one or more units of $5,000,
on .June 1, 2012, or on any dale thereafter
bailor 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 $5,993,820, plus accrued
interest, "The legal opinion of Dorsey &
Whitney L.LP, Attorneys, Des Moines, Iowa,
will be, furnished by the City, A good faith
deposit of $60,300 is required and may be
forfeiled to the City in the event the successful
birider fails or refuses to take and pay for the
Bonds, The City reserves the right to reject
any or all bids and to waive WegUlarrtles in
Legal Notice
any bid, The Bonds are being issued pursuant
the provisions of Division III of Chapter 384
#46788
of the Code of Iowa and will constr4fte
NOTICE OF SALE
general obligations of the City, payable from
City of Ames, Iowa
taxes levied upon all the taxable property In
$6,030,000 General Obligation
the City without limitation as to rate or
Corporate Purpose Bonds, Series 2004
amount. In order to permit bidders for the
Bids will be received or) behalf of the City of
Bonds arid other participating underwriters
Ames, Iowa, until i0:00 o'clock a.rn, on
in the prirnary offering of the Bonds to comply
September 28, 2004, for the purchase of
with paragraph (b)(5) of Rule 15c2.12
$6,030,000 General Obligation Corporate
promulgated by the Securities and Exchange
Purpose Bonds, Series 2004, of the City, Any
Commission under the Securities Exchange
of the methods set forth below may be used,
&A of 19' 3A (lhe "Rule'), the City will covenant
but no open bids will be accepted: Sealed
and agree, for the benefit of the registered
Bidding: Se6led bids will be received at
holders and beneficial owners from firne to
the office of the Utrector of Finance, City Hall,
time of the outstanding Bonds, in the resolution
Ames, Iowa, Electronic Internet Bidding:
awarding the sale and prescribing the terms
Electronic Internet bids will be received at the
of the Bonds, to provide annual reports of
office of the Director of Finance, City Hall,
specified Information and notice of the
Arnes, Iowa, and rnust be submitted through
occurrence of certain events, if material.
Parity. Electronic, Facsimile Blddlnq; Electronic, -
The City is the only "obligated person" with
facsimile bids will be received at the office,,,
respect to the Bonds within the meaning of
of the Director of Finance, City Hall, Arnes,',,
the Rule for the purposes of disclosing
love a, and will be sealed and treated as
Information on an ongoing basis. A description
sealed bids,AtIer the deadline for receipt of
of the undertaking Is set forth In the Officlai
bids has passed, sealed bids will be opened
Statement. Failure of the City to enter into
and announced, and electronic internet bids
an undertaking substantially similar to that
will be accessed and announced. All bids
described in the Official Statement would
will be presented to the City Council for
relieve the successful bidder of its obligation
consideration at its meeting to be held at 7:00
to purchase the Bonds. The City has cornplied
o'clock p.m. on September 28, 2004, at the
in all material respects with any undertaking
Council Chambers, City Hall, Arnes, Iowa,
previously entered into by it under the Rule.
at which tinre the Borift will be sold to the
Bidders shoulld be aware that the official
�best bidder for cash, The Bonds will be
terms of offering to be published in the
Issued as ftffly registered bonds in
Official Statement for the Bonds contain
denominations of $5,000 or any integral
additional bidding terms and information
multiple thereof, will be dated October 15, 2004,
relative to the Bonds. In the event of a
will bear interest payable semiannually on each
variance between staterrients in this Notice
June 1 and December I to maturity,
of Sale (except with respect to the time and
Commencing June 1, 2005, and will rnature
place of the safe of the Bonds and the
on Jurre I h the following years and amounts:
principal amount offered for sale) and said
Principal
official terms of oftering, the provisions of the
2
Ames/419370-3'1/?' 1/2 Bond Hrg/ 1' 1/2 GBS
(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 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
1, the undersigned, City Clerk of the aforementioned City, do hereby certify that Pursuant
to a motion of its Council fixing a date for the sale of $6,030,000 General Obligation Corporate
Purpose Bonds, Series 2004, 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 located in Story County or in a county
contiguous thereto. affixed this day of
WITNE§S MY HAND and the seal of the City hereto
e 10+ 2004.
-V
City Clerk
(Seal)
(Attach here publisher's original affidavit with clipping of the notice of sale as published.)
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DORSEy & WHITNEY LLP, ATTORNEYS, DES MORqES, IOWA