HomeMy WebLinkAboutA018 - Letter from Dorsey & Whitney dated November 5, 2007 - Final Delivery CertificateDORSEY
November 5, 2007
Diane R. Voss
City Clerk/City Hall
515 Clark Avenue
Arnes, Iowa 50010-0811
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Re: $9,630,000 General Obligation Corporate Purpose Bonds
Our File No. 419370-35
Dear Diane:
We have prepared and enclose three copies of the Final Delivery Certificate covering the
General Obligation Corporate Purpose Bonds scheduled For closing on November 9, 2007.
Please take the following actions with respect to this certificate:
I Review the facts contained in the certificate and advise LIS of any inaccuracies,
particularly if you anticipate any problem in spending the proceeds of the Bonds within the time
IirMtS Outlined.
2. I -lave this certificate signed and scaled as indicated and return two fully executed
copies to 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 LIS so that we can file it with the Internal Revenue Service. The extra copy enclosed is for
the City's records.
If You have any questions, please contact me.
Very truly y
Josten
RE.l:cf
Enclosures
cc: Steven Schainker
Duane Pitcher
Doug Marek
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