Loading...
HomeMy WebLinkAboutA025 - Letter to Dorsey & Whitney dated September 9, 2009,R People Q-1it), Pmgrw Erceptiowl Senice September 9, 2009 Dorsey & Whitney LLP 801 Grand, Suite 3900 Des Moines, Iowa 50309 Attention Robert E. Josten R E: Anies, Iowa General Obligation Corporate Purpose Bonds, Series 2009.A Your File No. 419370-38 Dear Mr. Josten: 515 Clart, Avenue, P. 0. Box 811 Ames, 1A 50010 Phone: 5 15-239-5105 Fax: 515-239-5142 F.ncloscd please find of gy executed transcript ofthc proceedings of our Scptcrnber 8, 2009, rricetin":, wilcrein the Council adopted Resolution No. 09-422 approving the Official Statcrnent I , or dew olC-Captioned Bonds. If* You haVC arly CILICStI011S, please call. Thank YOU for YOLII- assistance. Sincerely, Q2 Dialle R. Voss C I 1Y (' I Crk Ames/419370-38/Approve OS Please Return TO: DORSEY & WHITNEY ATTORNEYS AT LAW 801 Grand, Suite 390o Des Moines, Iowa 50309 APPROVE OFFICIAL STATEMENT FOR BONDS 419370-38 (N/1) - GENERAL OBLIGATION Ames, Iowa September 8, 2009 The City Council of the City of Ames, Iowa, met on September 8, 2009, at seven o'clock _Pm., at the Council Chambers . Ames, Iowa. The Mayor presided and the roll was called showing the following members of the City Council present and absent: Present: Doll, Goodman, Larson, Mahayni, Popken, Rice Absent: Council Member Goodman introduced the resolution hereinafter next set out and moved its adoption, seconded by Council Member Larson and after due consideration thereof by the City Council, the Mayorputthe question —upon the adoption of the said resolution and the roll being called, the following named Council Members voted: Ayes: nqr)n, Wihn�znj Popken, Pirp Nays: —. None Wlicreupon, the Mayor declared the resolution duly adopted as hereinafter set Out: At the conclusion of the meeting, and upon motion and vote, the City Council adjourned. Attest: City Clerk Mayor .,I- W11FINFY LLP, % FIORNFVS, DES NIOINI"s, IOWA Ames/419370-38/Approve OS RESOLUTION NO, 09-422 Resolution to approve the Official Statement for General Obligation Corporate Purpose Bonds, Series 2009E WHEREAS, pursuant to notices of the proposed action of the City Council of the City of Ames, Iowa (the "City") to institute proceedings for the issuance and sale of $11,165,000 General Obligation Corporate Purpose Bonds (the "Bonds") for the purpose of paying the cost, to that extent, of construction of improvements to streets, storm sewers, sanitary sewers, municipal waterworks system and municipal electric system, heretofore given in strict compliance with the provisions of Chapter 384 of the Code of Iowa and hearings held thereon, the City is authorized to issue the Bonds; and WHEREAS, the Council has been requested to approve an Official Statement for the NOW, THEREFORE, Be it Resolved by the City Council of the City of Ames, Iowa, as .follows: Section I. The City Finance Director is authorized to take such action as shall be deemed necessary and appropriate with the assistance Of Public Financial Management ("PFM") as Financial Consultants to prepare an official statement of infonnation and solicitation for bids describing the Bonds and providing for the terms and conditions of their sale (the "Official Statement"). All action heretofore taken in this regard is hereby ratified and approved. Section 2. The use by PFM of a preliminary Official Statement relating to the Bonds in substantially the fonn as has been presented to and considered by the City Council is hereby approved, and PFM is hereby authorized to prepare and use a final Official Statement for the Bonds substantially hi the forin of the preliminary Official Statement but with Such changes therein as are required to conform the same to the terms of the Bonds and the resolution, when adopted, providing for the sale and issuance of the Bonds, and the City Finance Director and City Clerk are hereby authorized and directed to execute a final Official Statement for the Bonds, if requested. The preliminary Official Statement as of its date is deemed final by the City within the meaning of Rule 15(c)(2)-12 of the Securities and Exchange Commission. -2- D()f6PIN &; W1 111 NfE)' I IT, A J-1 ()R I "I T j � YS, JA;S %1()1NFS, IOWA Ames/419370-38/Approve OS Section 3. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent of such conflict. Passed and approved September 8, 2009. Attest: City Clerk Mayor V -3- I)ORSI 1 & %� 1111 NFY I I P, ATTORNINS, DB MOINI"s, 10wA A mes/4193 70-3 8/A p prove OS STATE OF IOWA COUNTY OF STORY SS: CITY OF AMES 1, the undersigned, City Clerk of the City of Ames, do hereby certify that attached hereto is a true and correct copy of the proceedings of the City Council approving the Official Statement for the General Obligation Corporate Purpose Bonds referred to therein. WITNESS MY HAND this g; day of 2009. City Clerk -4- D( WS)')' B; 'Xf il I N 1;)' f I P, A 1 1 OP N1, YS, DES MOINFS, IOWA