HomeMy WebLinkAbout~Master - $13,150,000 Essential Corporate Purpose General Obligation Bonds M
r OORSEY"
February 22, 2012
Diane R. Voss
City Clerk/City Hall 0 L-
515 Clark Avenue
PO Box 811
Ames, Iowa 50010-0811 F E 6 27 20112
Re: General Obligation Corporate Purpose Loan Agreemen
Our File No. 419370-46 070� )
Dear Diane:
Based on communications with Duane Pitcher and Tionna Pooler, I have prepared and enclose
proceedings to be used at the City Council meeting on February 28 to set March 6th as the date for a
hearing on the proposal to enter into the General Obligation Corporate Purpose Loan Agreement.
The documents enclosed include the following items:
.1 Resolution fixing the date, time and place of the meeting at which it is proposed to hold a
hearing and take action to enter into the Loan Agreement.
The form of notice of hearing is set out in Section 2 of the resolution, and an extra copy is
enclosed for delivery to the publisher. Please insert the time and place of the hearing in both the
resolution and the notice. I arrived at the dollar figure of$13,150,000 by subtracting $4,500,000 already
approved for the library project from the total estimated bond issue size of$17,650,000.
,2/' Certificate attesting the transcript.
3. Certificate with respect to publication of the notice,to which must be attached the publisher's
affidavit of publication with a clipping of the notice as published.
The notice must be published at least once not less than 4 nor more than 20 days before the
meeting date set for the hearing, in a legal newspaper which has a general circulation in Ames. Please fax
(' a copy of the published notice to our office at(515)283-1060.
As soon as possible after the City Council meeting, please return one fully executed copy of all of
the completed pages in these proceedings.
If you have any questions,please contact me.
r Z
truly yo r /'
Robert .Josten
cc by email: Duane Pitcher i` .,
Steve Schainker
s
Doug Marek
Tionna Pooler
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
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