HomeMy WebLinkAboutA024 - Proof of publication dated September 8, 2009—No Fle., i
#52102
NOTICE OF SALE
City of Ames, Iowa
$11,166,000 Oritneral Obligation
0corporate Purpose Bonds, Series
2009B
Bids will be teGeived oit behalf of the
bty of Arnes, Iowa, until 11.00
o'clock a,m, on September 22, 2009,
for the purchase of $11,165,000
General Obligation Corporate
Ourpose Bonds, Series 2009B, of the
Orty, Any of the methods set forth
belowmay be used, but no open bids
will be accepted: Sealed Bidding:
,Soale(i bids will he received ",li City
Hall, 515 Clark Avenue, Arnes, lows.
Proof Of Publication In
THE TRIBUNE
STATE OF IOWA, STORY COUNTY,ss,
1, Alexandra Hayne, on oath depose
and say that I am editor,
of THE AMES TRIBUNE, a daily newspaper, printed
at Ames, Story County, Iowa: that the annexed
printed
CITY OF AMES
GO BONDS
was published in said newspaper for 1
consecutive week/day September 8 , 2009
and the last day of publication is the 8th day of September 2009
LINOA EY 0
Commisial No. 768544
• My commission Expires
June 1, 2012
Notary Public
sworn to before me and subscribed in my
presence by Alexandra Hayne
this the 8th day of Sepotember 2009,
FEES:$53.29
NO. TR52182
ACCT:AMES14
EttromG n,infeinet i3idding
E ect onic eimer bids will be
vcouve,d at City Hall, Arnor,_1ovvn
and niust be subm0ted thiautilo FIAR
I I-Y& Electronic Facsirnfle Bidding:
Electronic facs4rifle bids will be
received at City Hall, Ames, Iowa,
and will be sealed and treated as
sealed bids After the deadline for
receipt of bids has passed, scaled
bids Wit be opened and announced,
and electronic Internet bids vAII be
accessed and announced. All bids
wall be presented to the City Co roil
for consideration at its meeting to be
held at 7:00 o'clock p ai. on
, I eptenribei 22, 2009, at the City Hall,
Areas, Iowa, at which time the Bonds
vvir be sold to the best, bidder for
cash. The Bonds voll be issued as
fully registered bonds in denomina.-
fions of $5,000 or any integral rnulti-
pie thereof, wit be dated October 29,
2009, will bear interest payable
semiannually on each June 1 arid
December I to maturity, cornmerrc-
ing June 1, 2010„ and will Mature on
June I is the follovving years and
amounts:
Year Phircipal
Amount
201O $500,000
2011 $860,000
2012 $870,000
2013 $885,000
2014 $905,000
2015 , $925,000
2016 $955,006
2017 $980,000
2018 $1,015,000
2019 $1,050,000
2020 $1,090,000
2021 $1,130,000
The flght is reserved to tire (,try to
call' and redeern all of the Bonds
inaturing in the years 2018 to 2021,
Inclusive, in whole or ja part, in one
or more units; at $5,000, on June 1,
2017, or on any date thereafter prior
to and in any order of gnatuirty (and
within a maturity by lot), upon terms
6f par and accrued interest Bidders
must specify a p6ce of not less filarl
$11,086,845, nine secured interest,
The legal opinion of Dorsey &
Whitney L 1. P, Attorneys, Dfn
Moines, Iowa, Wit be furnished by
the City. A good faith deposit of
$111,650 is required fiom the suc-
cessful bidder and nray be forfeited
to the City in the event the success -
for bidder fails or refuses to take and
pay for the Bonds. The City reserves
the right to, reject P v tar all bids and
to waive irregularit a Ira any bid.The
Bonds are being e
iss,md lrurWant to
the provisions of Division III of
Chapter 384 of the Code of Iowa and
will constitute general obligations of
the City, payable trove taxes levied
upon all the taxable property in the
City vvithout limitation as to rate or
amount. The Seem ifies and
Exchange Commission (the "SE')
has promulgated cortain arnend•
thentei to Rule 15r;2-12 under the
securities Exohange Act of 1934 (17
C�F,R. § 24015c2.12) (the "Ruio")
thi4t make It UnklIVY111A far Ol'i Wider-
vorter to participate In the primary
offering of riturriolpal setAgificis in a
prindinal wrio"Ift of $1,000,000 or
more unless, before milbrifting a bid
Or Mitering into a purchase contract
for sutali ssaurtha* un undewiter
has iornsoinably dotrrrrminod thad flis
isswo or an ObAilatod persorr has
undertaken In whfing for barr benefit
of the holdore of such securftles to
provide oartairr disclosure lrifornia.
flon to proscribed Inforrnation reposi-
tories on a continuing basis so long
as such securities are outstandlng�
On the date of Issuance and delivery
of the Bonds, the City will rrxetarde
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 provisions of uie
VillollosUre ue4ficat'10, AA 01, the offi
coins of the Uy wrl be authodzed
,Rnd dirtAed to takenany acted ali
actions as may,ue necessary to earn_
ply with the Rude and the Continuing
Disclosure Certificate, Bidders
should be aware that tire official
forms of offering to be published in
the Official Statement for the Bonds
contain additional biddrng terms and
information ielativo to the Bonds. In
the event of a variance between
slaternems in this Notice of Sale
(except with respect to, the time and
lAace of the safe of tire Bonds and
the principal amount offered for sate)
and said official terms of offering, the
ismvisions of, the offer shelf control.
By order of the City Council of Arnes,
lovva.
Diane R. Voss, City Clerk
Flubirshe,d in the Tribune on
September 8, 2009,