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#56622
NOTICE OF PROPOSED ACTION
TO INSTITUTE PROCEEDINGS
FOR ISSUANCE OF HOSPITAL
REVENUE BONDS OR NOTES
The City Council of the City of Ames,
Proof Of Publication In Iowa, will meet on the 13th day of
THE AMES TRIBUNE September, 2011 at the Council
Chambers, City Hall, 515 Clark
------------------------------------------------------------------------- Avenue, Ames, Iowa, at seven
o'clock p.m., for the purpose of
STATE OF IOWA, STORY COUNTY,ss. instituting proceedings and taking
action for the issuance of hospital
revenue bonds or notes, in one or
I,Alexandra Hayne,on oath depose more series, in an amount not to
exceed $65,000,000 (the "Bonds")
and say that I am editor of THE AMES TRIBUNE, for the benefit of Mary Greeley
a daily newspaper, published at Ames, Medical Center (the "Hospital") for
Story County, Iowa;that the annexed printed the purpose of(1)financing a"portion
of the costs of the Hospital's
improvement projects to,acquire,
construct,equip,furnish,expand and
CITY OF AMES remodel portions of its existing
BONDS-MGMC FOR SEPTEMBER 13 hospital facilities, including a new
patient tower,a new support service
building, a new main entrance, an
expanded . emergency room
department, related land/site
was published in said newspaper Improvements thereto, and other
one time on September 1,2011; improvements to the hospital
facilities, all located at 1111 Duff
the last day of publication was Ave,Ames,Iowa(the"Project");(2)
the 1 st day of September,2011. funding necessary reserve funds for
the Bonds;and(3)funding issuance
expenses for the Bonds.The Bonds
will not constitute general obligations
of the City,nor will they be payable in
any manner by taxation, but will be
payable from the net revenues of the
Hospital and any reserve funds
CmadeslanNwnber established for the payment thereof
�S and will rank on a parity with any
loan agreement, bonds, notes or
bw� other obligations heretofore or
hereafter issued by the City which
are payable from such sources.The
Bonds are proposed to be issued
pursuant to authority contained in
Division V of Chapter 384 of the
Code of Iowa.At the aforementioned
time and place, oral or written
objections may be filed or made to
the proposal to issue the Bondd.
After receiving objections, the City
AA may take action for the issuance of
the Bonds, in which case, the
decision will be final unless appealed
to the District Court within fifteen(15)
days thereafter. Written objections
may be filed with the City Clerk prior
Notary Public to such meeting at City Hall, 515
sworn to before me and subscribed in my Clark Avenue,Ames,Iowa 50010.
presence by Alexandra Hayne By order of the City Council of the
City of Ames,Iowa.
this 1 st day of September,2011. Diane Voss
City Clerk
FEE: $28.40 Published in the Ames T,tbuiw an
AD#:TR56622 September 1,2011.
ACCT: AMES14