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HomeMy WebLinkAboutA022 - Letter from Dorsey & Whitney dated April 21, 2011 s` OORSEY ^a ` April 21, 2011 0 L E Diane R. Voss City Clerk/City Hall PO Box 811 APR 2 2 2011 515 Clark Avenue Ames Iowa 50010-0811 ' (LE,K Re: $5,980,000 General Obligation Refunding Bonds, Series 2011A Our File No. 419370-45 Dear Diane: We have prepared and enclose a resolution to be adopted at the April 261h Council meeting in order to authorize the issuance of the General Obligation Refunding Bonds, Series 2011A. The proceedings enclosed include the following items: 1. Resolution authorizing the issuance of the Bonds. The form of Bond, Authentication Certificate and Assignment set out in the resolution should not be completed or executed. The resolution also authorizes the call of the outstanding bonds for redemption prior to their maturity. 2. Certificate attesting the transcript. 3. A certified copy of the resolution must be filed with the Story County Auditor, and we have L� prepared a form of certificate to be signed by the Auditor relating to the filing of a certified copy of the Bond Issuance Resolution in that office. As these proceedings are completed, please return one fully executed copy to our office. ' We are also enclosing three copies of the Loan Agreement for execution by you and the Mayor. After they have been signed please return all of these copies to us so that we can have them signed on behalf of the Purchaser, after which we will furnish you with a signed original. 1 -� Finally,we are enclosing three copies of the Continuing Disclosure Certificate for you and the Mayor to sign, after which two executed copies should be returned to us. If you have any questions,please contact me. yoprs, o Jostenn Enclosures cc by email: Steven Schainker Duane Pitcher Doug Marek Roger Wisecup Public Financial Management DORSEY & WHITNEY LLP • ATTORNEYS AT LAW • WWW.DORSEY.COM •T 515.283.1000 F 515.283.1060 • 801 GRAND • SUITE 3900 • DES MOINES, IOWA 50309-2790 USA CANAc)A EUROPE ASIA