HomeMy WebLinkAboutA014 - Letter to Story County Auditor dated October 24, 2007Caring People 14
Quality Pwgrantv
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October 24,2A07
Ms. Mary Momhouo
Story County Auditor
Story County Administration Bui]di»g
Nevada, Iowa 502O1
5l5Clark &vcoue.9.O.Box 8l|
Ames, [\508l0
Pboox:5l5-239-5l05
Fuz:5l5-239-5|42
RE: $9,630,000L;ooeral Obligation Corporate Purpose Bonds, 8oica20O7A
Dear Mary:
Enclosed please fioducertified copy ofResolution 07-48N`which was adopted 6vthe Ames City
Council on October 23, 2007, providing for the sale and issuance of the above-narned Bonds. Plcuoc
sign the Certificate of the County Auditor verifying the filing ofsame and return in the enclosed
self-addressed, stamped envelope.
lfyou have any questions, please call me. Thank you for your assistance!
Sincerely,
Diane Voss
City � Clerk
/dm
Ames/419376-35/2"' '/� GLIS/G131
RESOLUTION NO. 07-488
..............
Resolution providing for the sale and issuance of $9,630,000 General Obligation
Corporate Purpose Bonds, Series 2007A, and providing for the levy of taxes to pay the
same
WHEREAS, the City Council of the City of Ames, Iowa (the "City"), has heretofore
determined to issue $9,630,000 General Obligation Corporate Purpose Bonds, Series 2007A, for
the purpose of constructing various street, water and bridge improvements and acquiring,
designing, constructing, and equipping an outdoor aquatic center; and
WI-IEREAS, pursuant to Notice oil' Sale of the Bonds heretofore given in strict
compliance with the provisions of Chapter 75 of the Code of lowa, seated bids for the purchase
of the Bonds were received and canvassed on behalf of the City at the time and place fixed
therefor and the substance of such sealed bids noted in the minutes; and
WHEREAS, upon final consideration of all bids received for the purchase of the Bonds,
the bid of Piper Jaffray & CO, Kansas City, MO is the best, Such bid proposing the lowest
interest cost to the City;
NOW, THEPEFOR-13, Be it Resolved by the City Council of the City of Ames, as
follows:
Section 1. The bid referred to in the preamble hereof' is hereby accepted, and the
Bonds, maturing on June I in each of the years, in the respective principal amounts and bearing
interest at the respective rates, as follows:
Principal
Interest Rate
Principal
Interest Rate
Year
Amount
Per Annum
Year
Amount
Per An urn
2008
$245,000
3.75%
2014
$ 840,000
3.75%
2009
$685,000
3.75%
2015
$ 880,000
3.75%
2010
$715,000
3.75%
2016
$ 920,000
3.75%
2011
$745,000
3.75%
2017
$ 960,000
3.75%
2012
$775,000
3.75%
2018
$1,005,000
3.75%
2013
$805,000
3.75%
2019
$1,055,000
3.75%
are hereby awarded and authorized to be issued to the aforesaid bidder (hereinafter referred to as
the "Purchaser") at the price specified in the Purchaser's bid (hereinafter referred to as the "Sale
Agreement"), together with accrued interest.
Section 2. The Mayor and City Clerk are hereby authorized to accept and execute the
Sale Agreement on behalf of the City and to affix the City seal thereto, and the Sale Agreement
is hereby approved.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
A mes/41 9370235/2" '/, GIBS/G11 I
Section 3. The Bonds shall be in the denomination of $5,000 each, or any integral
multiple thereof, shall be dated November 1, 2007, and shall become due and payable and bear
interest as set forth in Section I hereof.
The City Treasurer is hereby designated as the Bond Registrar and Paying Agent for the
Bonds and may be hereinafter referred to as the "Bond Registrar" or the "Paying Agent".
The City reserves the right to call and redeem part or all of the Bonds maturing in each of
the years 2016 to 2019, inclusive, prior to and in any order of inawrity on June 1, 2015, or on
any date thereafter upon terms of'par and accrued interest. If less than all of the Bonds of any
like maturity are to be redeemed, the particular part of those Bonds to be redeemed shall be
selected by lot. The Bonds may be called in part in one or more units of` $5,000. If less than the
entire principal amount of any Bond in a denomination of more than $5,000 is to be redeemed,
the Bond Registrar will issue and deliver to the registered owner thereof, upon surrender of such
original Bond, a new Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Bond. Notice of such
redemption as aforesaid identifying the Bond or Bonds (or portion thereof) to be redeemed shall
be mailed by certified mail to the registered owners thereof at tfie addresses shown on the City's
registration books not less than 30 nor more than 60 days prior to such redemption date. All of
Such Bonds as to which the City reserves and exercises the right of" redemption and as to which
notice as aforesaid shall have been given and for the redemption of which funds are duly
provided, shall cease to bear interest on the redemption date.
All of the interest on the Bonds shall be payable semiannually on the first day of June and
December in each year, commencing June 1, 2008. Interest shall be calculated on the basis of a
360-day year comprised of twelve 30-day months. Payment of interest on the Bonds shall be
made to the registered owners appearing on the bond registration books of the City at the close of
business on the fifteenth day of the month next preceding the interest payment date and shall be
paid by check or draft mailed to the registered owners at the addresses shown on such
registration books. Principal of the Bonds shall be payable in lawful money of the United States
of America to the registered owners or their legal representatives upon presentation and
surrender of the Bond or Bonds at the office of the Paying Agent.
The City hereby pledges the faith, credit, revenues and resources and all of the real and
personal property of the City for the full and prompt payment of the principal of and interest on
the Bonds.
The Bonds shall be executed on behalf of the City with the official manual or facsimile
signature of the Mayor and attested with the official manual or facsimile signature of the City
Clerk and shall have the City's sea] impressed or printed thereon, and shall be fully registered
Bonds without interest coupons. In case any officer whose signature or the facsimile of whose
signature appears on the Bonds shall cease to be such officer before the delivery of the Bonds,
such signature or such facsimile signature shall nevertheless be valid and sufficient for all
purposes, the same as if such officer had remained in office until delivery.
The Bonds shall be fully registered as to principal and interest in the names of the owners
on the registration books of the City kept by the Bond Registrar, and after such registration
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Ames/419370-35/2" '/,, GBS/GI31
payment of the principal thereof and interest thereon shall be made to the registered owners, their
legal representatives or assigns. Each Bond shall be transferable only upon the registration
books of the City upon presentation to the Bond Registrar, together with either a written
instrument of transfer satisfactory to the Bond Registrar or the assignment form thereon
completed and duly executed by the registered owner or the duly authorized attorney for such
registered owner.
The record and identity of the owners of the Bonds shall be kept confidential as provided
by Section 22.7 of the Code of Iowa.
The Bonds shall not be valid or become obligatory for any purpose Until the Certificate of
Authentication thereon shall have been signed by the Bond Registrar.
Section 4. Notwithstanding anything above to the contrary, the Bonds shall be issued
initially as Depository Bonds, with one fully registeredBond for each maturity date, in principal
amounts equal to the amount of principal maturing on each such date, and registered in the name
of Cede & Co., as nominee for The Depository Trust Company, New York, New York ("DTC").
On original issue, the Bonds shall be deposited with DTC for the purpose of maintaining a
book -entry system for recording the ownership interests of its participants and the transfer of
those interests among its participants (the "Participants"). In the event that DTC determines not
to continue to act as securities depository for the Bonds or the City determines not to continue
the book -entry system for recording ownership interests in the Bonds with DTC, the City will
discontinue the book -entry system with DTC. If the City does not select another qualified
securities depository to replace DTC (or a successor depository) in order to Continue a
book -entry system, the City will register and deliver replacement bonds in the form of fully
registered certificates, in authorized denominations of $5,000 or integral multiples of $5,000, in
accordance with instructions from Cede & Co., as nominee for DTC. In the event that the City
identifies a qualified securities depository to replace DTC, the City will register and deliver
replacement bonds, fully registered in the name of such depository, or its nominee, in the
denominations as set forth above, as reduced from time to time prior to maturity in connection
with redemptions or retirements by call or payment, and in such event, such depository will then
maintain the book -entry system for recording ownership interests in the Bonds.
Ownership interest in the Bonds may be purchased by or through Participants. Such
Participants and the persons for whom they acquire interests in the Bonds as nominees will not
receive certificated Bonds, but each such Participant will receive a credit balance in the records
of DTC in the amount of such Participant's interest in the Bonds, which will be confirmed in
accordance with DTCs standard procedures. Each such person for which a Participant has an
interest in the Bonds, as nominee, may desire to make arrangements with such Participant to
have all notices of redemption or other communications of the City to DTC, which may affect
such person, forwarded in writing by such Participant and to have notification made of all
interest payments.
The City will have no responsibility or obligation to such Participants or the persons for
whom they act as nominees with respect to payment to or providing of notice for such
Participants or the persons for whom they act as nominees.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
AniesI419370-'35/2" '/, GJB/G,131
As used herein, the term "Beneficial Owner" shall hereinafter be deemed to include the
person for whom the Participant acquires an interest in the Bonds.
Urc will receive payments fi,om the City, to be remitted by DTC to the Participants for
subsequent disbursement to the Beneficial Owners. The ownership interest of each Beneficial
Owner in the Bonds will be recorded on the records of the Participants whose ownership interest
will be recorded on a computerized book -entry system kept by DTC.
When reference is made to any action which is required or permitted to be taken by the
Beneficial Owners, such reference shall only relate to those permitted to act (by statute,
regulation or otherwise) on behalf of such Beneficial Owners for such purposes. Wheii notices
are given, they shall be sent by the City to DTC, and DTC shall forward (or cause to be
forwarded) the notices to the Participants so that the Participants can forward the same to the
Beneficial Owners.
Beneficial Owners will receive written confinnations of their purchases from the
Participants acting on behalf of the Beneficial Owners detailing the terms of the Bonds acquired.
Transfers of ownership interests in the Bonds will be accomplished by book entries made by
DTC and the Participants who act on behalf of the Beneficial Owners, Beneficial Owners will
not receive certificates representing their ownership interest in the Bonds, except as specifically
provided herein. Interest and principal will be paid when due by the City to DTC, then paid by
DTC to the Participants and thereafter paid by the Participants to the Beneficial Owners.
Section S. The form of Bonds shall be substantially as follows:
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
A mmtfl 9370-35/2"" V, 613S/GB I
No.
(Form of Bond)
IJNITI--,'D STATES OF AMERICA
STATE OF IOWA
STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND
SERIES 2007A
RATE MATURITY DATE BOND DATE CtiSIP
November 1, 2007
The City of Ames (the "City"), in Story County, State of Iowa, for value received,
promises to pay on the maturity date of this Bond to
or registered assigns, the principal sum of
DOLLARS
in lawful Morley of the United States of America upon presentation and Surrender of this Bond at
the office of the City Treasurer, Ames, Iowa (hereinafter referred to as the "BoDd Registrar" or
the "Paying Agent"), with interest on said sum, until paid, at the rate per annum specified above
from the date of this Bond, or from the most recent interest payment date on which interest has
been paid, on June I and December I of each year, commencing June 1, 2008, except as the
provisions hereinafter set forth with respect to redemption prior to maturity may be or become
applicable hereto. Interest on this Bond is payable to the registered owner appearing on the
registration books of the City at the close of business on the fifteenth day of the month next
preceding the interest payment date and shall be paid by check or draft mailed to the registered
owner at the address shown on such registration books. Interest shall be calculated on the basis
of a 360-day year comprised of twelve 30-day months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of
Authentication hereon shall have been signed by the Bond Registrar.
This Bond is one of a duly authorized series of General Obligation Corporate Purpose
Bonds, Series 2007A (the "Bonds"), issued in the aggregate principal amount of $9,630,000 by
the City pursuant to and in strict compliance with the provisions of Division III of Chapter 384
and Chapter 76 of the Code of Iowa, 2007, and all laws amendatory thereof and supplementary
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
A mes'/41 9370'35/2"' '/, (.-',BS/GB I
thereto, aiad in conformity with a resolution of the City Council duly passed, approved and
recorded for the purpose of defraying the cost of constructing various street, water and bridge
improvements and acquiring, designing, constructing, and equipping an Outdoor aquatic center.
The City reserves the right to call and redeem part or all of the Bonds maturing in each of
the years 2016 to 2019, inclusive, prior to and in any order of maturity on June 1, 2015, or on
any date thereafter upon terms of par and accrued interest. If less than all of the Bonds of any
like maturity are to be redeemed, the particular part of those Bonds to be redeemed shall be
selected by lot. The Bonds may be called in part in one or more units of $5,000. Ifless than the
entire principal amount of any Bond in a denomination of more than $5,000 is to be redeemed,
the Bond Registrar will issue and deliver to the registered owner thereof, Upon Surrender of such.
original Bond, a new Bond or Bonds, in any authorized denomination, in a total aggregate
principal amount equal to the unredeemed balance of the original Bond. Notice of such
rederription as aforesaid identifying the Bond or Bonds (or portion thereof) to be redeemed shall
be mailed by certified mail to the registered owners thereof at the addresses shown on the City's
registration books not less than 30 nor more than 60 days prior to such redemption date. All of
such Bonds as to which the City reserves and exercises the right of redemption and as to which
notice as aforesaid shall have been given and for the redemption of which funds are duly
provided, shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall be fully registered as to both principal and interest
in the narne of the owner on the books of the City in the office of the Bond Registrar, after which
no transfer shall be valid unless made on said books and then only upon presentation of this
Bond to the Bond Registrar, together with either a written instrument of transfer satisfactory to
the Bond Registrar or the assignment form hereon completed and duly executed by the registered
owner or the duly authorized attorney for such registered owner,
The City, the Bond Registrar and the Paying Agent may deem and treat the registered
owner hereof as the absolute owner for the purpose of receiving payment of or on account of
principal hereof, premium, if any, and interest due hereon and for all other purposes, and the
City, the Bond Registrar and the Paying Agent shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts, conditions and things required by the
laws and Constitution of the State of Iowa, to exist, to be had, to be done or to be performed
precedent to and in the issue of this Bond were and have been properly existent, had, done and
performed in regular and due form and time; that provision has been made for the levy of a
sufficient continuing annual tax on all the taxable property within the City for the payment of the
principal of and interest on this Bond as the same will respectively become due; that the faith,
credit, revenues and resources and all the real and personal property of the City are irrevocably
pledged for the prompt payment hereof, both principal and interest; and that the total
indebtedness of the City, including this Bond, does not exceed any constitutional or statutory
limitations.
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DORSEY & WHITNEY UP, ATTORNEYS, DES MOINES, IOWA
Ames/4 19370-'35/2"" '/,, GBS/GL3]
IN TESTIMONY WHI-,'Rl'.,01-,, the City of Ames, Iowa, by its City Council, has caused
this Bond to be sealed with the facsimile of its official seal, to be executed with the duly
authorized facsimile signature of its Mayor and attested with the duly authorized facsirnile
signature of its City Clerk, all as of Novernber 1, 2007.
CITY OF AMES, IOWA
By_
Mayor
Attest:
City Clerk
(Facsimile Seal)
(On each Bond there shall be a registration dateline and a Certificate of
Authentication of the Bond Registrar in the following form:)
Registration Date: (Registration Date)
BOND REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within -mentioned resolution.
(DO NOT SIGN)
City Treasurer, Ames, Iowa
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they
were written out in full according to applicable laws or regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the
entireties
JT TEN - as joint tenants with right
of survivorship and not as
tenants in common
Holm
(Cust)
As Custodian for
(Minor)
under Uniform Transfers to Minors Act
(State)
Additional abbreviations may also be used though not in the list above.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Ames/'4 19370`35/2"d 1/2 013SX3131
ASSIGNMENT
For valuable consideration, receipt of which is hereby acknowledged, the undersigned
assigns this Bond to
(Please print or type naive and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER.
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint . ...... . ..... Attorney, to
transfer this Bond on the books kept for registration thereof with full power of` substitution.
Dated:
Signature guaranteed:
(Signature guarantee must be provided in accordance
with the prevailing standards and procedures of the
Registrar and Transfer Agent. Such standards and
procedures may require signatures to be guaranteed
by certain eligible guarantor institutions that
participate in a recognized signature guarantee
program.)
NOTICE: The signature to this Assignment must
correspond with the name of the registered owner as
it appears on this Bond in every particular, without
alteration or enlargement or any change whatever.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
AjneS/4 1937(7-35/2"' V, GKS/(jB]
Section 6. The Bonds shall be executed as herein provided as soon after the adoption
of this resolution as may be possible and thereupon they shall be delivered to the Bond Registrar
for registration, authentication and delivery to the purchaser, as determined by the City Council,
upon receipt of the purchase price thereof, with accrued interest thereon, and all action heretofore
taken in connection with the sale and award of the Bonds is hereby ratified and confirmed in all
respects.
Section 7. As required by Chapter 76 of the Code of Iowa, and for the purpose of'
providing for the levy and collection of a direct annual tax sufficient to pay the interest on the
Bonds as it falls due, and also to pay and discharge the principal thereof at maturity, there is
hereby ordered levied on all the taxable property in the City in each of the years while the Bonds
or any of them are outstanding, a tax sufficient for that Purpose, and in furtherance of this
provision, but not in limitation thereof, there be and there is hereby levied on all the taxable
property in the City the following direct annual tax for collection in each of the following fiscal
years, to -wit:
For collection in the fiscal year beginning July 1, 2008,
sufficient to produce the net annual sum of $1,036,937.50;
For collection in the fiscal year beginning July 1, 2009,
sufficient to produce the net annual sum of $1,041,250.00;
For collection in the fiscal year beginning July 1, 2010,
sufficient to produce the net annual sum of $1,044,437.50;
For collection in the fiscal year beginning July 1, 2011,
sufficient to produce the net annual sum of $1,046,500.00;
For collection in the fiscal year beginning July 1, 2012,
sufficient to produce the net annual sum of $1,047,437.50;
For collection in the fiscal year beginning July 1, 2013,
sufficient to produce the net annual sum of $1,052,250.00;
For collection in the fiscal year beginning July 1, 2014,
sufficient to produce the net annual sum of $1,060,750.00;
For collection in the fiscal year beginning July 1, 2015,
sufficient to produce the net annual sum of $1,067,750.00;
For collection in the fiscal year beginning July 1, 2016,
sufficient to produce the net annual sum of $1,073,250.00;
For collection in the fiscal year beginning July 1, 2017,
sufficient to produce the net annual sum of $1,082,250;
For collection in the fiscal year beginning July 1, 2018,
sufficient to produce the net annual sum of $1,094,562.50.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Ames/41 9370'35/2" 1/, (JiBS/GlIf
Section 8. A certified copy of this resolution shall be filed with the County Auditor
of Story County, and the County Auditor is hereby instructed to enter for collection and assess
the tax hereby authorized. When annually entering such taxes for collection, the County Auditor
shall Include the same as a part of the tax levy for Debt Service Fund purposes of the City and
when collected, the proceeds of the taxes shall be converted into the Debt Service Fund of the
City and set aside therein as a special account to be used solely and only for the payment of the
principal of and interest on the Bonds hereby authorized and t6r no other purpose whatsoever,
Any amount received by the City as accrued interest on the Bonds shall be deposited into such
special account and used to pay interest due on the Bonds on the first interest payment date.
Section 9. The interest or principal and both of them falling due in any year or years
shall, if necessary, be paid promptly fr0111 Current funds on hand in advance of taxes levied and
when the taxes shall have been collected, reimbursement shall be made to such Current funds in
the sum thus advance(].
Section 10. It is the intention of the City that interest on the Bonds be and remain
excluded from gross income for federal income tax purposes pursuant to the appropriate
provisions of the Internal Revenue Code of 1986, as amended, and the Treasury Regulations iii
effect with respect thereto (all of the foregoing herein referred to as the "Internal Revenue
Code"). In furtherance thereof, the City covenants to comply with the provisions of the Internal
Revenue Code as they may from time to time be in effect or amended and further covenants to
comply with the applicable future laws, regulations, published rulings and court decisions as may
be necessary to insure that the interest on the Bonds will remain excluded frorn gross income for
federal income tax purposes. Any and all of the officers of the City are hereby authorized and
directed to take any and all actions as may be necessary to comply with the covenants herein
contained.
The City hereby designates the Bonds as "Qualified Tax Exempt Obligations" as that
term is used in Section 265(b)(3)(B) of the Internal Revenue Code.
Section 11. The Securities and Exchange Commission (the "SEC") has promulgated
certain amendments to Rule 15c2-12 under the Securities Exchange Act of 1934 (17 C.F.R. §
240.15c2-12) (the "Rule") that make it unlawful for an underwriter to participate in the primary
offering of municipal securities in a principal amount of $1,000,000 or more unless, before
submitting a bid or entering into a purchase contract for such securities, it has reasonably
determined that the issuer or an obligated person has undertaken in writing for the benefit of the
holders of such securities to provide certain disclosure information to prescribed information
repositories on a continuing basis so long as such securities are outstanding.
On the date of issuance and delivery of the Series 2007 Bonds, the City will execute and
deliver a Continuing Disclosure Certificate pursuant to which the City will undertake to comply
with the Rule. The City covenants and agrees that it will comply with and carry out the
provisions of the Continuing Disclosure Certificate, Any and all of the officers of the City are
hereby authorized and directed to take any and all actions as may be necessary to comply with
the Rule and the Continuing Disclosure Certificate.
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Ames/4 19370-35/2 1 1/2 GBS/GB1
Section 12. All resolutions or parts thereof in conflict herewith are hereby repealed to
the extent of such conflict.
Passed and approved October 23, 2007.
Attest:
City Clerk
Mayor
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA
Caring People 11
Quality Prog—
&c. eptionalSmice
Octobei- 23, 2007
STATE OF IOWA
COUNTY OF STORY
CITY 01; AMES
51.5 Clark Avenue, P. 0. Box 811
Aries, 1A 50010
Phone: 515-239-5105
Fax: 515-239-5142
1, Diane R. Voss, being the duly appointed City Clerk of the City of Ames, Iowa, do hereby certify
that the above and foregoing Resolution No. 07-488 is a true and accurate copy of the said Resolution,
and that the said Resolution was passed and adopted by the City Council of the City of Ames, Iowa,
at a duly called meeting thereof on the 23rd day of October, 2007.
Diane R. Voss, City Clerk
(SEAL)
Anies/419370-35/2" '/� GBS/G131
STATE OF IOWA
SS:
STORY COUNTY
1, the undersigned, County Auditor of Story County, in the State of Iowa, do hereby
certify that on the -- day of —, 2007, the City Clerk of the
City of Ames, Iowa, filed in my office a certified copy of a resolution of such City shown to
have been adopted by the City Council and approved by the Mayor thereof on October 23, 2007,
entitled: "Resolution providing for the sale and issuance of $9,630,000 General Obligation
Corporate Purpose Bonds, Series 2007A, and providing for the levy of taxes to pay the same,"
and that I have duly placed the copy of the resolution on file in my records.
I further certify that the taxes provided for in that resolution will in due time, manner and
season be entered on the State and County tax lists of this County for collection in. the fiscal year
beginning July 1, 2008, and subsequent years as provided in the resolution.
(Seal)
WITNESS MY HAND and the seal of the County hereto affixed this day of
,2007.
County Auditor
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DORSEY & WHITNEY LLP, ATTORNEYS, DES MOINES, IOWA