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HomeMy WebLinkAboutA017 - Letter from Dorsey & Whitney dated August 31, 2005OORSEY August 31, 2005 Diane R. Voss City Clerk/City Hall Post Office Box 811 515 Clark Avenue Ames, Iowa 50010-0811 Re: $5,495,000 General Obligation Corporate Purpose and Refunding Bonds, Series 2005A Our File No. 419370-33 Dear Diane: We have prepared and enclose three copies of the Final Delivery Certificate covering the General Obligation Corporate Purpose and Refunding Bonds scheduled for closing on September 13. Please take the following actions with respect to this certificate: " ) 01 ' kp)kl Review the facts contained in the certificate and advise us of' any inaccuracies, particularly if you anticipate any problem in spending the proceeds of the Bonds within the time (.")iruitS Outlined. t Have this certificate signed and sealed as indicated and return two fully executed copies o.our office as soon as possible. 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, Finally, we are enclosing the printed Bonds, numbered from I to 12, inclusive, which Must be authenticated ,''(signed) by Roger Wisecup as the Bond Registrar and sent to The Depository Trust Company no later than Friday, September 9. We have prepared and enclose a pre -addressed Federal Express package and a cover letter addressed to DTC for Roger to sign and send with the Bonds. If you have any questions, please call. REJ Ames/419370-33/FDC & I tr Enclosures cc: Steven Schainker Duane Pitcher Roger Wisecup 11 John Klaus Tionna Pooler Y A, WI III Ifl Y ILIP AT 10RINI Y', AT I AW WWWWW�1 Y(:()!M - 'r le)lh ',)W3 1000 F ) 1 5 1 Of,, 0 , RO I RAN OIII :�'00 - 1)I M M ,,I '', I ()VV A _)():M) 27fffl (,J , I./1, r,j /I L I A F, Lju 4i io *r ,, "111