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HomeMy WebLinkAboutA018 - Certificate of publication of notice on September 9Ames/419370-36/1 " 1/2 OBS (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, Clerk of the City of Ames, do hereby certify that pursuant to motion of its Council the Notice of Sale of $8,355,000 General Obligation Corporate Purpose Bonds, Series 2008A, 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. WITNESS MY HAND this_ 10 day of 2008. City Clerk -7- DORSEY & WHITNEY LIT, ATTORNEYS, DES MOINES, IOWA Legal Notice #51053 NOTICEOF SALE City of Ames, Iovv2 $8,355,000 General Obligation Corporate Purpose Bonds, Series 2008A Bids will be received on behalf of the City of Ames, Iowa, until 11:00 o'clock a.m. on September 23, 200t, for the purchase of $8,355,000 General Obligation Corporate Purpose Bonds, Seres 2008A, of the City. Any of the methods set forth below may be used, but no open bds will be accepted: Sealed Bidding: Sealed bids vvill be received at City Hat, 515 Clark Avenue, Ames, Iowa. Electronic Internet Bidding: Electronic internet bids will be received at City Hall, 515 Clark Avenue, Ames, Iowa, and must be submitted through PARITY& Electronic Facsimile Bidding: Electronic facsimile bids will be received at City Hall, 515 Clark Avenue, Ames, Iowa, arid will be sealed and treated as sealed bids. Proof Of Publication in After the deadline for receipt of bids has THE TRIBUNE passed, sealed bids will be opened and announced, and electronic internet bids will be accessed and announced. All bids STATE OF IOWA, STORY COUNTY,ss. vvill be presented to the City Council for consideration at its meeting to be held at 7:00 o'clock p.m. on September 23, 2008, 1, David Kraemer, on oath depose at the City Hall, Ames, Iowa, at which time and say that I am editor, the Bonds will be sold to the best bidder for of THE AMES TRIBUNE, a daily newspaper, printed cash. at Ames, Story County, Iowa; that the annexed The Bonds will be ssued as fully regis- tered bonds in denominations of $5,000 or any integral multiple thereof, will be dated October 15, 2008, will bear interest payable semiannually on each June 1 and CITY OF AMES - NOTICE OF BOND HEARING December 1 to maturity, commencing June 1, 2009, and will mature on June 1 in the following years and amounts: Yw Principal Year Principal Amount Amount was published in said newspaper for 1 2009 $375,000 2015 $710,000 consecutive week/day (s) September 9, 2008 2010 $610,000 2016 $745,000 2011 $625,000 2017 $775,000 and the last of said publication was on the 2012 $645,000 2018 $800,000 9th day of September, 2008. 2013 $665,000 2019 $840,000 2014 $690,000 2020 $875,000 The right is reserved to the City to call and redeem all of the Bonds maturing in the years 2017 to 2020, inclusive, in whole or Alit—C 6mrrlkwriiumb71li2rl in part, in one or more units of $5,000, on My Cnpw WwEipYit June 1, 2016, or on any date thereafter prior to and in any order of maturity (and within a maturity by lot), upon terms of par and accrued interest. �LC SIT Bidders must specify a price of not less than $8,300,700, plus accrued interest. The legal opinion of Dorsey & Whitney LLP, Attorneys, Des Moines, Iowa, will be furnished by the City. A good faith deposit of $83,550 is required and may be forfeited to the City in the event the successful bidder fails or refuses to take and pay for the Bonds. The City reserves the right to reject any or all bids and to waive irregularities in any bid. Notary Public The Bonds are being issued pursuant to the provisions of Division III of Chapter 384 sworn to before me and subscribed in my of the Code of lovva and will constitute presence by David Kraemer general obligations of the,Cfty, payable this the 9th day of September, 2008, from taxes levied upon all the taxable property in the City without limitation as to FEES: $53.15 rate or amount. NO. 51053 The Securities and Exchange Commission AMES14 (the "SEC") has promulgated certain amendments to Rule 15c2-12 under the TRIBU NE , AMES, JoWA Securities Exchange Act of 1934 (17 C.F.R. § 240 , l5c2-12) (the "Rule") that make it unlawful for an unclemitef to par- ticipate in the primary offering of Municipal securities in a principal amount of $1,000,000 or more unless, before submit- ting a bid or entering into a purchase con- tract 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 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 will covenant and agree to comply with and carry out the pro- visions of the Continuing Disclosure Certificate. All of the officers of the City will be authorized and directed to take any and all actions as may be necessary to Comply with the Rule and the Continuing Disclosure Certificate. Bidders should be aware that the official terms of offering to be published in the official statement for the Bonds contain additional bidding terms and information relative to the Bonds, in the event of 3 variance between state- ments in this Notice of Sale (except with respect to the time and place of the sale Of the Bonds and the principal amount offered for sale) and said official terms of offering, the provisions of the latter shall control. By order of the City Council of Ames, Iowa. Diane R . VOSSCKY Clerk Published The Tribune September 9, 2008.