HomeMy WebLinkAboutA027 - General Obligation Corporate Purpose Bonds, Series 2014 - total amount of $9,695,000 r
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE:BOND,SERIES 2014
$795,000
No. I
RATE MATURITY DATE DATE CUSIP
2.00% June 1,2015 September 30,2014 030807 Q87
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
SEVEN HUNDRED NINETY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"or the"Paying Agent'),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December I of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with nspt.a of;ed.:mpuua prior to maturity may be or bcetnr;e npplir;dtlr hereto. Interest on this Bond is payable to the registered owner
appearing on the registration b(,,,t:s oI'the.Cit) w the close of business on the lifn:cntb day of the month next preceding the interest payment date,and shall be paid
to the registered owner at;he address shown on such registration books. Insist shall b-: _alculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement'),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
I'lie ISonIS arc iSSncd pursuant to and nt strict coIIIpli:utec. with the provisions of Chapters 7o and 38-1 oh the Codc of lov:a,21113,:utd rill other laws
:nneodatory therecif entl snpplcnrcntal Ihercln,ani III conformity with it resolution of the Oty Council adopted:utd approval o❑ScpIcnilx•r 9,2il1!,:mowriziup,and
approvinh,the. Tnan Agreement and providing tit the issuanc•c mtd seeming,,the payment of the Itonds(tile"Resolution"). :mil rcfc.rcnce is hereby made In the
Resolution and the Loan Agreemnt e for a more Complete slatetnentas to the source.of payment of Uro liunds and the rights(,title owners of the Ilnnd+
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
on June 1,2022,or on any date thereafter upon terms of par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
pa,ticulat pan of those Bond,to be te.dcemcd slutll be selected by Ilic l:cgtsuat by lot. The Bonds may be calledin part in one or more units of$5,000. Ifless than
the entire principal anunutt of:my Bond in:t denonlinuion of more than $5,000 is to be redeemed,the Registrar will issue and deliver to the registered owner
thereof, upon surrender of such original Bond, it new Bond or Bonds, in any authorized denomination, in a total aggregate principal amount equal to the
unrcdccued bjtlanec of the original Bored Notice of such redemption as td'ures.tid identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent
by electronic means or mailed I,y certified mail to the registered ownets Ihc•rcul':u the addresses shown on the City's registration books not less than 30 days prior
to such redemption date. Any notice of redemption may contain a statement that the redemption is conditioned upon the receipt by the Paying AWnt of funds on or
before the date fixed for rederupliom sufficient to pay the redemption pticcc of the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall he I'ully registered as to both principal and interest in the name of the owner on the boots of the City in the office
of the Registrar,after which no transfer shall be valid unless made on slid books and then only upon presentation of this Bond to the I:cgigmt,together with either
a written instrument of 0ansfcr satislhclory to rile R.cgistru ur the assitinnucot form hereon completed and duly executed by the re,;isterctl merter or the duly
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,.if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And It Is i Icreby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of Iowa,to exist.I++be had,
to be done or to be perlimncd precedent to and in file issue of this Bond were atd have been properly existent,hill,done and perlimned in regular and due folio;
and fine:;tint provision ltas hren uradc fix tile.levy of a sufficient Continuing;annual tax on all file laxable properly within the City for the payment of llrc principal
ol'and inlelcst ou this Bond its the same•will respectively become dues that the faith,c.rctlit,Icvenues:tied resources and all the real and persontl property of the('if)'
are irrevocably pledged for the prompt payment hereof,both principal and interest;and that the total indebtedness of the City,including Ihis Rand,does not exceed
any constitutional or statutory limitations.
IN 'TESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council, has caused this Bond to be executed with the duty authorized facsimile
signahue of its Mayor and attested with the duly authorized fa;similc signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By
Mayo,
Registration Date: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
1
Cl ty I r "ur'
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
EN ENT as tenants by the entireties (Custodian)
IT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
----- (State) -- ---- - ---
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _, Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated:
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF AMER[CA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,SERIES 2014
$780,000
No.2
RATE MATURITY DATE DATE CUSIP
2.00% June 1,2016 September 30,2014 030807 Q95
The City of Ames(the"City"),in Story County,Stale of Iowa,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
SEVEN HUNDRED EIGHTY THOUSAND DOLLARS
Ili lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registra("or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I awd December I of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with r:::prel I,,ralrn,poon prior to maturity may be or hccomc applicable hereto. Interest on this Bond is payable to the registered owner
appearing on the registration I+ooles of(I,C t'ity at the close of business on the fiitecnth day of the month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books. [merest shall he calculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2013,and all other laws
<unc:udatury thci er,f imti supf+ienx alai[hereto,and in conformity with a resolution of the C uy Council adoptid;uul approve,)on September 9,2014,authorizing and
vim t!re L nu+ -\t;rrcn,cot nod pnwhhni.,,for the issuance and securing the paynnrnl of the Bonds (tile••I,,soh,iion'•),and reference is hereby made to the
Resnlntion aced the Loam;1t;rixmcnt for a nu,e complete statementas to the source of p:+yment of the luonds and the rrhlus of the owners of the Bonds
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
on June 1, 2022, or on any date thereafter upon terms of par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
particular part of those Bonds to be redeemed shall be selected by the Registrar by lilt. The Bonds may be(,riled i❑part in One ur arse,wits oil$3,OUiI. 11,Icss U+:u,
the entire principal amount of any Bond in a denomination of more than$5.000 is to he rCdecmed,tale Registrar will is uc and deliver to the ICpstci ell+,wren
thereof, upon surrender of such original Bond, a new Bond or Bonds, in any iudhorized denomination, it :t total agl;regatc principal ante'o+'t equal to (lie
unredeemed balance of the original Bond. Notice of such redemption as alittesaicl iticnti lj iIIV,the Mond or Iioink(or portion Ihcn:ot)tr)he rcdeeu,ed shall he scn+
by electrons:nx•:!ns of mailed by ccoified mail to the registered oxvircis thereof at the addresses shown tin Ihr City's reeisutrtion bo+?hs not Ics::Ih:u,30 days pros
to Such rcdC+upuon date. Ali),uoticc )['redemption may coutain it statement that the redemption is conditioned upon the receipt by the Paying AWnt of funds on or
before the ,talc (fixed 1br rcdcnnplion sufficient to pay the. rcdenplion price of the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is wily negotiable but shall be fully registered a3 to both principal and interest in the name of the owner on the books of the City in the office
of the Registrar,after which uo transfer shall be valid unless made on said hooks and then only upon presentation of this Bond to the Regisirm,IogcthCr with either
a written instrument of n:ulsfcr satisfactory to the Ron"isuar or lire assignment form hereon completed and duly executed by the rct;istrrrd r.,vnci or the duly
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And II Is hereby Certified and Recited that all acts,condition.and things required by the laws and Constitution of the State of Iowa,to exist,to be had,
to i,c done or to he performed picccdcnl w and in the issue ol,this bond w•crc.and have been properly existent,had,done and performed in regular and due form
arni lilac;d+ot provision has been renal(fire the Icvy of a stiff icicnt continuing annual tax on all the taxable property within the City for the payment of the principal
and
ill, oil vis, 11 h;I as tlaC sumo will respcetivcly becumc clue':that the finith,credit,revenues and resources and all the real and personal property of the City
terest;and that the total indebtedness of the City,including this Bond,does not exceed
are irrevocably pledged for the prompt payment hereof,both principal and in
any constitutional or statutory limitations.
IN TESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council,has caused this Bond to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
Maynr
Attest,
Registration Date: September 30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
RegistrarBy
tits lY „urr
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
.IT TEN as joint tenants with right of survivorship As Custodian forand not as tenants in common (Minor)
under Uniform Transfers to Minors Act
- --- ---State)------
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
------ ------ —
(Please print or type name and address of Assignee
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint ___ Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated:
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards an
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF AM14EIi1CA
STATE OF IOWA STORY COUNTY
CITY OF ANTES
GENERAL OBLIGATION CORPORA"fE PURPOSE BOND,SERIES 2014
$795,000
No.3
RATE MATURITY DATE DATE CUSIP
2.00% June I,2017 September 30,2014 030807 R29
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
SEVEN HUNDRED NINETY-FIVE TI IOUSAND DOLLARS
in lawful money of the United Stales of America upon presentation and sniwwlcr of flue 1 onJ of the of lw,e01 it,, i'ip l ; I r ::I.,\min,L.u;. I In:Icnrd r win iced
to as the"Registrar"or the"Paying Agent"),with interest on said sum.until l,:ud, aI th. rate.lxxl an:Iiun�1::Illcrl,Ih,r fen:+:1111: i,ui nt Ihi;Hon I u nn dtr
most recent interest payment date on which interest has been paid,on luny I .rid Dec nhc, I .d . u. I !car. :"null ll,ll r.Tut': 1 `ul�,except as.flu pr.,.'c•Ion:
hereinafter set forth with respect to redemption prior to maturity may be or bec.nuc al lili:ahli h.lcn; line Ic,I aI IhI I;ond , p n'al 1, to the IC I to d o\voi
appearing on the registration books of the City at the close of business on the filtcrulh day„I th(;Iuonlh nc\t pI;cedutp IIc uurn;t puyn,cut date and.h:dl he Iaaid
to the registered owner at the address shown on such registration books. Interest shall tic talk IlInIcd oil IIIi h,m,;of lI 3n!1-d;+y yi ar iony+rised of naclvi }tI-d;;v
months.
This Bond shall not be valid or become obligatory d)r any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation t'olp„rile I'ur;,osc 11+,1id<,Series 20I 1(Ihe 1+ond "J i:;sucd I)y the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan a;nccnicut,dal,:d as of Sepiclober 30,:'.all,l (the"I Dian A;vrcminl""),entered into by the City for the
purposes of paying the cost,to that extent,of constructing inlpn,v:u,cllts Ii+sureI<,brrd�e and solid\ve,Ir ehs:pos;d f1wililies,and the cost offend mitigation and
rennediation.
I"lie Itonds aIr issue:!Innsuant to and in strict compliance with the piovls,ons of C'Ir:tlxcls'io;wit 3 1 oC thc•lode of Iowa,2013,and all other laws
u r:ud::u ry thereof and supplc.nncnlnl Ihereto,anti in confomnity with a resolution of the.City t',,nrrr.r7 adopted Mid appro\c:I"n September 9,2014,authorizing and
l,hr.,•';n• Ih? I:o;+n Ar..wenn'nt and provldult•, for the issuance and securing the payment of the lion&lull 'I(r,oluuon"). :uid reference is hereby made to the
o{"the.owners of the Bonds
PXmilatngr:uxl the Loan;\g.n•cnacut lbr a more complete statementas to the soulcr oI'payuli:nt of Olc.Bonds::rid the.ril;ltts
fir.:C'I(v resel ves the r;glu to pn:pay part or all of III,-Itonds manuring in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
nn Junc. I. 202. or on ;uly date Ihercaftcl upon terms of pat and acceded interest. If less than all of the Bonds of any like maturity are to be redeemed,the
panicul;tr pant of"those 13ouds to tic redeenu:d shall hr sckcted by the.Lc.iAIiIrhv lot. The liouds nlav be callcdio part in one or more onus of 1;•000 Iflissr;titian
the clam• principal amnrint A ally Bond ut :t tic ootnuntliorl of mole Ihan $S,000 is to Ili- redeemed,the RctAsu;u mll issnc ;and deliver to the retlsk.rcd omm
hcreol upon surn:ndcr ul'such original Bond, a nc\v Itoud of Doud;, in :uly authorized lie noa;ivali l II ill ;I tot d %--1vjcgatc principal anwunl etlual to the
wnrdccmcil halance of the outr,inal Bond. Notice of suet rcde,nption as atiuisairl idenlll,Inn',the Itond or f;ands for porinrt Ihrlenll to lie ruli ancd shall I c::cut
by elecuonic,ncnn:,i,r m,;ile,l by certified mail to the regist,;Ird Dauer rhercolat the add(csscs sho-I On tl;c Uily' Ie?htr:uion books not Ic,s Thin 30 days prior
to such redemption dale ,Illy notice of redetrption may contain a Q:Iteulclll Hutt(he redemption is conditioned upon the receipt by the Paying AWnt of funds on or
before tin: dAc fixed ton rcde,optiou sufficient to pay the re.dcnlptton price ol'the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is full}'negotiable but shall be featly regkiered as In bout principal and interest in the mull,of Ihi owner on the bunks ol'the Cite in the office
of the Registrar,after v;tech no(lanstcr shall be valiil unless made ou said books and then only upon presentation of"this Ruud to the Registral,kr„cdler with either
l otvncr or the duly
a written instrument of trafer satisfactory to the I:egi,11al or the assigilincut form hereon completed and duly esecutc.d by the rc;zisleser
ns
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as tine absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And Il Is Hereby C'urtilicd:+rid Rccititl dtal all arts,conditinns and stings icynired by the Inws and Constitution of the,Clair of low't'tota cXIs
l te he h:al,
to be done or to be performed I:,recodcut to and ut(he issue ill,(his Bond were and have been properly esistont,had,done pm e:ui hncd in n:.;, ar and toe font
and time;that provision has been made for the levy of a mini icicul :ontinuin;,:nuutal I;;.0 on all the tn.r,hlr properly wlduu the City tin'till payuacnl ufthc pru+cyra
of and interest on this Bond as the s;unc will respectively become dui::that the.taith,crechl,rcvrnucs;old Ic,nmirs and all the Ie,I and pusimal prnpi uy!d'th;;t'it,
are irrevocably pledged for the prompt payment hereof,both principal and interest;and Ilw(the loud indebicduc.,of the C'itc,iil,Iuding this It1 lnll.does not exceed
any constitutional or statutory limitations.
IN TESTIMONY WHEREOF,the City of Ames, Iowa, by its City Council, has caused this 130nd to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By Mayo, y
AIf CAI:
City Clerk
Registration Date: September 30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
RegistrarBy � ��
City I rcusurcr.
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for -,__. __ -----
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
--------- ------- (State)---— -
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint_ _ _,Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: ------- ------
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNrrF,D STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE,BOND,SERIES 2014
$810,000
No.4
RATE MATURITY DATE DATE CUSIP
2.00% June 1,2018 September 30,2014 030907 R37
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on thee maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
EIGHT HUNDRED TEN THOUSAND DOLLARS
in lawftil money of the United States of Arnerica upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar'or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December 1 of each year,commencing June 1,2015,except as the provisions
herrrn,dier•:n forth with respret to icdcngxwn prior io ummrip miry he or hccnnic apidicafilc hereto. Interest on this Bond is payable to the registered owner
n apinVnnW,+u the rreisli.uiun books,d ilic t'ity of the close of husine,>.on dic ilticcnth day of the month next preceding the interest payment date,and shall be paid
to the r.�r!stercd ow ncr:u the:aldws';shown on such rcg..istt:ttion books- hncrc.,t Nh:tll be calculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement'),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2013,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on September 9,2014,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds (the"Resolution"),and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statementas to the source of payment of flee Bonds and the rights of the owners of the Bonds
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
on June I, 2022, or on any date thereafter upon terms of par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
particular part of those Bonds to be redeemed shall be selected by the Registrar by lot 'I he Bonds may be cal lc-d ill part in one of ,more hint,ol'S5,000. I f less than
the entire principal amount of any Bond in a denomination of more than$5,000 is tr,he redeemed,tho Rql It trau will ,::suc and deliver to t,c rctcistcrcd w.tner
thereof, upon surrender of such original Bond, a new Bond or Bonds, in any authorized denomination, it, a, total argicgate inuuip;d amount equal nl the
unredeemed balance of the original Bond. Notice of such redemption as aforesaid iklcntifying the.Band or Itondi(or portion thcicol)to he redeemed shall be scut
by electronic ntuuns or Mailed by certified mail to the registered owners thereof at the addresses shown on the C'ity's re tnuation hooka not Icss dum 30 dugs prim
to such redemption diuc. Any notice of redemption may contain a statement turf the redemption is conditioned upon the receipt by the Paying AWnt of funds on or
before tic (late fixed for redemption sufficient to pay the redemption price of the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is fully negotiable but shall he fully registered as to both principal and interest in dtc name of the o%t ner on the books of the City in the office
of the Registrar,after which no tianslbr shall be valid uuless made oil said books and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of traosler satisfactory to the Re istrar or the assignment form hereon Completed sulel duly c,xc.c:utckI by the registered owner or the duly
authorized attorney for such registered owner.
"file City, the Registrar and the Paying Agent may deem and treat tie registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And It Is I lercby Certilled and Recital that all acts,Conditions and things required by the laws and Constitution of the State of Iowa,to exist,to be had,
to be June or to be perturmcd precrden,to and in file issue of lllls Bond were and have been properly existent,had,done and performed in regular and due form
and time,that provision has been made for the levy of it sutiicicnt continuing annual tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the saune will respectively become due,dual the Ihith,credit,revenues and resources and all the real and personal property of the City
are irrevocably pledged for the prompt payment hereof,both principal and interest;and that the total indebtedness of the City,including this Bond,does not exceed
any constitutional or statutory limitations.
I �
IN TESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council,has caused this Bond to he executed with the duly authorized facsimile
signature of its Mayor and attested with the dilly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By Mayor: .
Fl llCtil'.
Registration Date: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of die Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
Y. t
Cily I rL,r; rrf
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
"FEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
(State)
Additional abbreviations may also be used though not in the list above
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _ _____. Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: ----
Signature guaranteed:
— ------- -- ---
(Signature guarantee must be provided in accordance with the prevailing standards an
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF ANIERICA
STATE OF IOWA STORY COUNTY
CITY OF ANTES
GFsNERAL OBLIGATION CORPORATE PURPOSE BOND,SERIES 201.4
$825,000
No 5
RATF MATURITY DATE DATE CUS1P
2 00% June I,2019 September 30,2014 030807 R45
'Tile City of Anxs(the"City"),in Story County,Stale of Iowa,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
EIGHT HUNDRED TWENTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December I of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or bc,:unu apphcaNc hereto. Interest on this Bond is payable to the registered owner
appearing on the registration books of the City at the close of business on the 611Qvnlh d,ty of the month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books. Inv_rest shall he r::dcidated on the basis of a 360-day year comprised of twelve 30-day
months.
'Phis Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,G95,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
l'hr f;,,n,l.;:Ic issued pulsunut to and iu strict c.mipliauce with the provisions of Chapters 76 and 384 of the Code of Iowa,2013,and all other laws
nn,:u<L t,n a thereof mtd supplciocliml thcfelo,tual in coufo,nlily wilt a resolution of the City Council adopted and approved on September 9,2014,authorizing and
i!pl,r„ in:,.Il`, L.,,;,,, rsuance and sceurmI a, the payment of the Bonds(the"Resolution"I and reference is hereby made to the
I eznluliou anci[lie I,au:\grrcnn lit R+t a mom n>mplrle stateuusuaa at the source of payment of die Bonds and the rights of the owners of the Bonds
I I+c('IIN ,C:xrvrs ttrc I IglII lr)prepay part or all of the Bonds maturing in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
on Ilnu•- I 20 ', won :ur, LIMC tlWrcafter nl,on terms of par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
],;it( I:a I,:u t ut Ihusc I iornls I be redeemed shall he sekcl,.,d by the Rcgisuar by lot. The Bonds may be called in part in one or more units of$5,000. If less than
tilt-faun: prm,ipal annwnl of mry Bond u+it denuulination of more than$5,000 is to be redeemed,the Registrar will issue and deliver to the registered owner
Ilrenx,l, upon su:rcndc il
l'f such oll:"6m l Bond, it ncw' I-Solid or ponds, in any authorized denomination, in a towl ;gr,gr,:gatc principal amount equal a the
11mcdecn-d h;dnncc of d,c„Ilgaml Bond. Notiee ul'such redemption its aforesaid identifying the Bond or Bonds(or poilion(hereof)lu he redeemed shall be sent
n
by electronic means or mailed by certified mail to the registered u'.vncrs lhcrcol at the addresses shown on the City's retreat auun hook;not less than 30 days prior
tement that the redemption is conditioned upon the receipt by the Paying ATnt of funds on or
to such redemption date. Any notice of redemption may contain a sit,
e of the Bonds so called for redemption, and that if funds are not available,such
before the date fixed for redemption sufficient to pay tho red,mption pric
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond Is lutly'rnautiahle but shall be fully registored as to both principal and interest in the name of tile owner un the books of the City in the office
ofthe Registrar,after which no Irtn,sic,,hall be valid w+lcss made oil said books acid then uuly upon presentation of Ihis Bond to the Registrar,together with either
a written instrument of transfer salisl;tctory to [lie Registrar or the assignment form hereon cullipleted and duly CNMIted by the registered owner or the duly
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
Alid It Is I lerchv(06[--led and Reciled that all acts,conditions and things required by the laws:md(.'ou:gituliun ul the Slaty Of Iowa,to exist•u,lac hat,
to he dn,r or to b,r p,:ri6riiwd Iaci:edcut lu and in the issue of this Bond were and have been properly existent,had,dune and paiimne,i in regular tend due linen
;,lid Iinti,that prny,sron Irus ber.n madr.inr the levy ul a suiiicieut continuing annual tax on all the lruablc properly within the City for the pa1'+ucnt oftlic principal
of,and interest on this Bonxl as the Nana:will respectively become due:that the l:rith,cr,:dit,Icvenucs nml resiu,Iccs and all the will and pi,siu,:d pnipcn}'of the C'iq'
aI, itIQ\ocailly pledged fur file Dionlpt paynxlit Ilcreu1,butt,pI incipsl laud inteICsl;and that the hilal indehlc,hta�of the Cuy,urcaudutic tills Brnul.(lu,•s nut cxteeJ
any constitutional or statutory limitations.
IN TESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council, has caused this Bond to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By _
Aucsr.
Registration Date: Seplember30,2014
REGISTRAR'S CERTIFICATE OF AUTIIENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
RegistrarFly
l Rv vasti) ,
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
(State)
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _ . _.._- _-_--, Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: — — ----- — —
Signature guaranteed:
(Signature guarantee must be-provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNI•fED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE.PURPOSE BOND,SERIES 2014
$945,000
No.6
RATE MATURITY DATE DATE CUSIP
2.00% June 1,2020 September 30,2014 030807 R52
file City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on the maturity elate of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
EIGHT HUNDRED FORTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December I of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become applicable hereto. Interest oil this Bond is payable to the registered owner
appearing on the registration books of the City at the close of business on the fifteenth day of the month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2013,and all other laws
:unendauu, thcrc,,f and supplcnu"nud thereto.and in conformity with a resolution tit rile illy Council adopted and;ytproecd on September 9,2014,authorizing and
xpprorim,,.tln I Oil,, ngwem+'nt and providing for the issuance and securing the pnpinut of the Bond: lilts "Rc;oluuon"), and reference is hereby made to the
Re.;,dotir•u and thean Loan Al.re::nwnr f a mo
re ore Completec
statementas to the source irf payment of the Bonds and the ripJus of the owners of the Bonds
The City reserves the right to prepay part or all of the lionds manning in citch of the yews 2023 to 2026,ini lu; .r,l rtr to and ill ang Dula of m;+noire
on June 1, 2022,or on any date thereafter upon tcnae of par and accrued interest. li less than all of the Ltunds of;nt) Id:c nlaluruy arc to be rcticcntcd•the
particular part of those Bonds to be redeemed shall be srH:eltd by rile Rc f:istrarby lot. "file Bonds mas be c;d1vil in putt Ili nuc ui nmorc units of .6,000. !f Icss than
the entire principal amount of any Bond in it dencxuinatiou of more bout S5,000 is to be redeemed, the Rr,e<unr«ill issue an,l+lt1ivttr to the rc:;r,tcred owner
thereof, upon surrender of such original Bond, a new Bond or Bonds, in anv tm0ioiircd den;nuinau,m. to ;; lotBl a:greiaur I,nncipal ;nrtou+u cyoal to du
unredeemed balance of the original Bond. Notice of such redemption as aforesaid idcuufvinl;the Boud or I t;nt h(,,I p,nun then:+l)u,I,c reel,c'n,d Iral(:sent
by ctecuonic nurur:„r nailed by certified mail to the registered owners thereof at the addresses shown on the(uy's rt ',rat;itlOn boobs m.0 Icti,0wil u1 d:;.prior
to such niictnpuon d,uc:. Ally uoricc ofredenption may contain a statement that the redemption is conditioned upon the receipt by the Paying AFnt of finds on or
before 11w ,late ii.tied !ur redemption sufficient to pay the redemption price of the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds ere duly provided,shall cease to bear interest on the redemption date.
This Bonds litlly ne c,tiable but shall he fully register.d;is to both prutc•ipal and intete::t in the name of the owner on the books of the City in the office
of the Registrar,after teltieh no ticutsl'er shall be valid unlc:'s umade oil said books and then only upon presentation of this Bond to the Registrar,togeilx-r with either
a written instrument of uim.,6ct wsrist tory to the Registr❑ or the assignment firm hcrenn Completed and duly executed by the rettistcrai Driller or the duly
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And 11 I::Hsi cb"v i•ertif icd and Recited Iltal all a as,comlitions and thin',s required by the laws and Constitution of the State of Iowa,to exist,to be had,
to be done or Io he perfonm:d preccdcnt to and in tits issue.of this I fond were anti have been properly existent,had,done and performed in regular and due form
and time;that plovision has been made Ibr the levy of a sufficient c,nuinuiue,annual tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the Sallie will respectively become title;that the faith,credit,revenues and resources and all the real and personal property of the City
are irrevocably pledged for the prompt payment hereof,both principal and interest;and that the total indebtedness of the City,including this Bond,does not exceed
any constitutional or statutory limitations.
a
IN TESTIMONY WHEREOF, the City of Ames, Iowa,by its City Council,has caused this Bond to be executed with the duly authorized facsimile
signature of Its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMPS,IOWA
BY.MAya
Aucve
Registration Date: September 30,2014
REGISTRAR'S CERTIFICATE OF AUTfIENTICATION
This Bond is one of die Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
RegistrarBY
/
t lt) I re.,nic
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
(State)
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint __, Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: —
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNIFED STATES OFAiINIERICA
STATE OF IOWA S•1'ORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,SERIES 2014
$855,000
No.7
RATE MATURITY DATE DATE CUSIP
2,00% June I,2021 September 30,2014 030807 R60
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
EIGI IT HUNDRED FIFTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City'rtcasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December 1 of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with tc+i,c;a w re,leutpison prior to maturity may be or become;,pp btalnl, hereto. Interest on this Bond is payable to the registered owner
appearing on the registration books of the(,u,, at the close of business on the lWecnlh d;lv of Ih, month next preceding the interest payment date,and shall be paid
to the registered owner at the ackiress shown on such registration books. InrewN, shall 11, c;ti ulated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of it series of Gencral Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2013,and all other laws
;nncndalory thcIM,and soppieluenlal thcrcln,and in conformity with a resolution of the City Council adoplyd;am]approved on September 9,2014,authorizing and
rtl,pio,intr the I„au /nt:,rek•n,cm and providing for the issuance and securing the pnynrcnt of the Bonds (tile"Rr.;ohiuun") and reference is hereby made to the
Ne,olutiou and the 1 o:n A,ucentent too a more complete statementas to the source of payment of due Ilonds and the rigiu,;ofthe owners ofthe Bonds
The City reserves the right to prepay part or all ofthe Bonds maturing in each ofthe years 2023 to 2026,inclusive,prior to and in any order of maturity
on June 1, 2022, or on any date thereafter upon terms of par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
particular part of those Bonds to be redeemed shall Ilk-:selected by the Regisu,u by lot. The Bonds tray be c;Illcd iu part Ili one or more units of$5,000. Mess than
the entire principal amount of any Bond in a denomination of uuorc.than$:i,000 is to be w(lecnuod,the Regisonr will ksue,and deliver to the registered owner
thereof, upon surrender of such original Bond. a new Bond or Bonds, in any authorized (lei,auination. in a told :,,!,,rcgate principal amount equal to the
unredeemed balance ofthe original Bond. Notice of such redemption as a(ixesaid identifying the Hond or Ilonds(or p,utiou thereof)to be redeemed shall be sent
by clecnonic means or III:lilcd by ccrtif ied mail to the registered owners thereof at the addresses shok+•n on die('jty's regismition books not less than 30 days prior
to sueh red%mphorr d:tIe. )\rt)•notice of'redemption may contain:I statement that lire redemption is conditioned upon the receipt by the Paying Agnt of funds on or
bcR,rc the done fixed Ibr rc,lcmption sufficient to pay tite r+dcntpuon price of the Bonds so called for redempfion,and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is fully uccotnahlc but shall be fully registered as to hoth pi i ncipal and interest in the name of the owner on the books ofthe City in the office
ofthe Registrar,after which no transfer shall be valid unless mode on sand books and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of transfer ;atisfactor)' to the Registrar of Ills ;L+i1 nment form hereon completed and duly executed by the registered owner or the duly
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And It Is Ilcleby Certified and Recited that all arcs,conditions and things Icquired by the laws and("ol"OuRi,m of the State of Iowa,to Geist,It,be lmd,
ro be,tone ,n to be pen ionucd proccdcnt Io and in tile.issue of this Ilond were.and IW C been properly existent•had,done and pet I"until in regular and due Ginn
umu limns;that 1'uovisical ha::been made for the Icvy of a sul'tieirnt.•unlinuiny annual IaN•on all the tenable pmpeuy within the City tint the pavmcnt ul-tlte princuha(
of and interest on lhiS lionsl as the same will Its).:vuvcly becoimc duc;that the faith,Credit,revenues mud ICstxuees and nil ltnc It:al and pclsonal property of the City
roc irn:.vvcabty p!,,dgcd I('] the prompt payment hereof.both pI incip:d:ua.l interest;anti that lte tool)oufebtcduess o1'lbc Pity,including this Hond.does not
any constitutional or statutory limitations.
1 � �
IN 'I'ESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council, has caused this Bond to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as or September 30,2014.
CrrY OF AMES,IOWA
By Mayor:
,1ucri-
Registration Date: September 30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By
Coy u,asu
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian forand not as tenants in common (Minor)
under Uniform Transfers to Minors Act
- ----- - (State)
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledWd,the undersigned assigns this Bond to
- — (Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint. _ Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: - —— -----
Signature guaranteed:
be provided in accord:u+ce widi the pu•vailing standards laid
procedures of the Registrar and Tramster Agcut. Such stmtdards anti proccdMres may
rcyuirc .+ignaimcs to be guar:uueed by certain eligible guarantor instittgionS that
pa+ticipatc in a rccut;niri,d si�nahuc guau antcc prU P,fim1.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES Of AMERICA
STATE ol•'town sTolzY aUN'rY
CITY OF ANIES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,SERIES 2014
i t;70,�ir.i
No.R
RATE MATURIfY DATE DATE CUSIP
2.00% June 1,2022 September 30,2014 030807 R78
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
EIGI IT HUNDRED SEVENTY THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December 1 of each year,commencing June I,2015,except as the provisions
hereinafter set forth with r:spc.I to iedrmphon prior to maim ity may be or hecourc app(r;obfe hereto. Interest on this Bond is payable to the registered owner
appearing on the registration hook; of the t'ify;n the close of business on the f itcenuh tan of file month next preceding the interest payment date,and shall be paid
to the registered owner at the ;uldjess :ii,iun on such registration books. Intern: shall be enlculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
I b, Bonds air i ;uea pur.u;rnt to and in strict compliance with the provisions of Cbaplcr..70:utd 38-1 0l the t'udc of Iowa,2013, and all other laws
;orhend:llol v thereof and suppl.:rncnh;l thereto,aryl in conformity with a resolution of the(ity(A,nrteil adolaed ant apfaovrd on September 9,2014,authorizing and
a;fx,cint. the Loa❑ A\,lvt-mCl t ;ind providim for the issuance and securing the payment of Ole Bonds Idle "Re
h ;ulutrun"}. tint reference is hereby made to the
I:CSQILI ,ilr and the Lean A;�.retrncnf ti n a uwre complete statementas to the source of payment of Uhe.Hoods a and tile rrgtht�;of tine owners of the Bonds
*I'll,-City rcsci vcs the right to prcpay part or all of llrc lionds manuring in each of the years 2023 to 202G,inclusive,prior to and in any order of maturity
on tune I, 20'2.2, or on any date therealler upon terms of Par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
paruculor pant of those Lionds to he redeemed shall be sick cued by the Registrar by lot. The Bonds may be ealledin part in one or more units of$5,000. If less than
Ill,-entire principal vnouut of any Bond in a(lei onhinatit'll of more Oran I;i,000 is to be redeemed,the Registrar will issue and deliver to the registered owner
thcrsof, neon suircndcr of such miL,in:tl Bond, ;r new Bond of Bonds, in any authorized denrmunation, in a total aggregate principal amount equal to the
onredecnnul bnLuhce of file original Bond. Notice of such redemption as aloresaid identifying file Bond or Bonds(or portion thereof)to be redeemed shall be sent
by clertroni:nnan>;ui mailed Iw ccrtihed mail to file registered owners thereof nt the addtcsscs shov:n on the City's registration books not less than 30 days prior
to such r;xicnq,tion date. Any notice of redcn;)t ion may contain a stalenlent that Ole redemption is conditioned upon the receipt by the Paying Agent of funds on or
hcf,vc tile talc fi\Cd Gu redemption sufficient to pay the redemption price of the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for tie
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond i6 fully negotiable but shall be fully rcgislcred arc to bath principal and interest in the name of the owner on the books of the City in the office
of the Registrar,after which ttu a anstcr shall be valid unless made tin said books and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of iranstcr satisfactory to the Registrar or the ossil untent form hereon completed and duly executed by the registered owner or the duly
authorized attomey for such registered owner.
'Pile City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any nonce to die contrary.
%nd It Is Hereby('Citified and Reciled that all acts,conditions;end things required bythe laws eunl('oustituti,ar of the State of Iowa,to exist,to be had,
to be done or to be perfinmed precedent w and iu the.issue of this Bond were and have been properly cxi:;tcnt,bud,douC and performed in regular and due form
and time;that provision has bean made li,f Ile Ie vy of a sulll:ient continuing annual tax on all the taxable property wilhin the City for the payment of the principal
of and interest on fill,Boll.]as file same will respcctiveiv beeouhc due;tint the faith,credit,revenues and resources and all the real and personal property of the City
arc irrevocably pledged for the prompt payment hereof,both principal and interest;and that the total indebtedness of the City,including this Bond,does not exceed
any constitutional or statutory limitations.
t
IN TESTIMONY WI-IEREOF,the City of Ames, Iowa,by its City Council,has caused this Bond to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By
Mayo. /
Registration Date: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By
17
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
----- (State). —_._----
Additional abbreviations may also be used though not in the list above
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint _ Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: .
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL.OBLIGATION CORPORATE PURPOSE BONI),SERIES 2014
$895,000
RATE MATURITY DATE DATE CUSIP
2 00"/"
June 1,2023 September 30,2014 030807 R86
The City of Ames(tile"City"),in Story County,State of Iowa,for value received,promises to pay on lie maturity date of thus Bond to
Cede&Co.
New York,NY
or registered assigns,the principal suin of
EIGHT HUNDRED NINETY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate per annuni specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June I and December i of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become applicable hereto. Interest on this Bond is payable to the registered owner
appearing on the registration books of the City at the close of business on the fifteenth day of the month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose Bonds,Series 2014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obi igation under a certain loan agreement,dated as of September 30,2014(the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing improvements to streets,bridge and solid waste disposal facilities,and the cost of flood mitigation and
rernediation.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2013,and all other laws
mrinlau+i.v ihcrcrrl'nail supplemental d)eaeto,and in conformity with a resolution of the City Council.^.d(g)led:uul.:ppravr,l on September 9,2014,authorizing and
f)rovin il, Loan Agrermcnl;aid providhir..for the issuance and securing the p:,vincilt of the Bonds(the"I:csolutiou") and reference is hereby made to the
Resnluuon and entas to the source of payn,rul of il',Bend;au,l the right%,of the owners of the Bond
ahU Lu:m:Ngrernieni tiro a nk)rc complete sta[em s The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
on June 1, 2022,or on any date thereafter upon terms of par and accrued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
particular part of those Bonds to be redeemed shall be selected by the Registrar by lot. The Bonds may be called in part in one or more units of$5,000. If less than
the entire principal amount of any Bond in a denomination of more than$5,000 is to be redeemed,the Registrar will issue and deliver to the registered owner
thereof, upon surrender of such original Bond, a new Bond or Bonds, in any authorized cicnoniivation, in a total aggregate principal amount equal to the
unredeemed balance of the original Bond. Notice of such redemption as aforesaid identil:ving the Bond or Bonds(or portion thereof)to be redeemed shall be sent
by electronic me;ms or mailed by certified mail to the registered owners dic•rcuf at the addresses shown on the City's registration books not less than 30 days prior
to such redemption date. Any notice of redemption may contain a statement that the redemption is conditioned upon the receipt by the Paying AWnt of funds on or
before ahc date fixed for redcniptioai sufficient to pay the redemption price of the Bonds so called for redemption, and that if funds are not available,such
redemption shall be cancelled by written notice to the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Bonds as to which the City reserves and exercises the right of redemption and as to which notice as aforesaid shall have been given and for die
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is Bally nct,oti:d)k but shall be fully rep;istcrcd a'.',to both principal and interest in the name of the owner on the honks of thr City in the office
of the Registrar,after which no transfer shall he valid unless made on said books and then only upon presentation of this Bond to the I:c;isu;ir her with either
,toget
a written instrument of transfer satisfacumy to thr Registrat of die assignment fora+ hewon o cuy)leted and duly executed by the egistered uv:ner or the duly
r
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
-\11d It Is I h.,Cl)v CCI tiflcd and Recilcd that all act::,Conditions and things required by the laws and Constitution of the State of Iowa,to exist,to be had,
to be is nr rr o. be pci tnnued prei•edent to and ui the issue of(his f 4und %.ere and have been properly existent,had,done and performed in regular and due form
and Gnu,that piovisiou has been made for the.Irvy 01,11 sulcient cnntinuiug annual tax on all the taxable property within the City for the payment ofthe principal
of ami inwlesl on this Itond as the san)c will rcspcativcly becon)c due;that the faith,credit,revenues and resources and all the real and personal property of the City
are irrevocably pledged for the prompt payment hereof,both principal and interest;and that the total indebtedness of the City,including this Bond,does not exceed
any constitutional or statutory limitations.
a
IN TESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council,has caused this Bond to be executed with the duly authorized facsimile
Signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By
Mnyoi
Altcst:
City Clerk
Registration Date: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar /
By -(� ; t/
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
(State)
Additional abbreviations may also be used though not in the list above
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint ,Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: —_-
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
,r
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF ACMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,SERIES 2014
No. f0
RATE MATURITY DATE DATE CUSIP
2 25% June I,2024 September 30,2014 030807 R94
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on tie maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
NINE IIUNDRED TEN THOUSAND DOLLARS
in Lawful money„f rile I jut,:d.`,t arc ill America upon presentation and soriender ol'thil:Bond❑i 111C i,lftcr of tltr(lty 1'tca.w rt, •�ntr i„a,r. tlt,iritiafirr Lilo ue,!
n1 tlu;I4"nd,,,
to as the"Regisusr'•r the"!,;Ivnt Ag'cnl't,with interest on said sum,until p;lid,al the 1:11C per arannn sect ilird L,", .nun,the dal I ih:
'n,m
most recent inter,at pa.N welli tl:ac nit which interest has been paid,on Attic I and 1)e,!clnbcr I of";!J1 y cal,Ctglrmr.11l'tar Ivor I, 1 tl ixccl l;t, the pro,i>auus
hereinafter set forth with respect to redemption prior to maturity may be or beomur applicable ilea o In(i wsl oa III-, li"rut c; 11:n';,i,lc a the rrltutcrrd n+art
appearing on the registration books of the City at the close of business on the fifteenth d;q of Ihr ntomh ilea(lnccednt!_0w inlrn•st llar iuenl d;ae.and,hall b:p:nd
to the registered owner at the address shown on such registration books. Inkiest shall he CalruLucd nu the barn of a ;r,u-,.1av yc;u o'111l,11wd ill Iwk.kt• to-d:ty
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Colpoiale Ptlrp,h,•Ilolids,Scl ie,2t)I'l (tile"I3r,nd."l issued Ir, t1w City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan agraancul,dated as ol'Scp(cnther if),,)(JI'I (the"1.,`;Ill Ay.i:cmcnt"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing impiovcmcul.to streets,hritl r;tad solid w;c tC I,Irpc,s.tl ':r,:ihur>:.;uxl the cost of flood mitigation and
remediation.
flu Bum!,,ter issacd Pursuant to and in strict compliance with the pre,visiun•;of Choplels W.and tlt4 of the(';,de ,I Ir.t,a, >itl ,:Inri Ziff„(h:r laws
:uueu,iatut limcol wid suppiemcllutl thcrew.r i in conformity with a resoluti,m uflh::City adopted:Ind :'fli I,;Itrthonzuig.and
lll,!,v ic,.! 0w Loan Ail t,cmctt( :old provi,hn}; k)r the issuance and securing the payment of the liouds (lhk "Resoluuon"}. and nai a rCc I:, ltCr.:hy made to the
Rercnluti,,n and the Loan:\l,rerintent tar it more complete statementas to the source of papnlent of the Roads art,l Ih::t tghts A the.owner::of the liumL:
the,City reserves the right to prepay part or all of the Bonds maturing,❑i each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
tni little 1. 20T.?, or on atlt date thcre.alier upon (onus of par and acceded interest. If less than all of the Bonds of any like maturity are to be redeemed,the
partieul;il part of those Bonds to be redeemed shall be;sckcicd by the Registrarby lot. The Bond.,play be calledin Pau ill title or more units ol''1";.0(10. "'less than
the entile principal muounl of tiny Bond in it(let totni lilt ion of more[hall$5,000 is to be redeemed,the Registrar will issue and dclivel Iu the legisicled owner
Ihercol, upon sulrender of such original Bond, .1 new Bond or Bonds, in ally outhunted deovillinaliun. in a total aggree,atC InulCaPal antouut aplal to [lit-,
unrcdccnled balance of the:oriltmal Bond. Notice of such redemption as aforesaid identifying the.Bind or Builds(or porunn Ihercof)to he redcculed shillt he sent
nu
by ciccUoni;; :tits i,r mailed by cer(iticd nriil to the registere(1 owners Ili reel at the adihcsses shown on the Cav's reglsuation hooks not less than 30 days prior
to such retlrny,unn dale. y no cc of redelliption piny contain a statement that the redemption is conditioned upon the receipt by the Paying Aunt of funds on or
Art
before the date fixed fin rodcloptioll sufficient to pay the. ledelnpttoll price. of the Bonds so called for redemption, and that if funds are not available,such
redemption shall he Cancelled by wriltetr notice w the owners of the Bonds called for redemption in the same manner as the original redemption notice was sent.
All of such Itontis as I" which the (,ity reserves and exercises the tight of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond in full nreotiablc but shall be lillly registered as lot iwlil prinoip;d rind intcrts(in the name of the owner on the books of the City in the office
of the Registrar,after which❑o Ironsfel.shall be valid uldcst;made on said hooks and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of transfcl salistactory to tile Registrar or the assigunlent form hereon completed and duly executed by the registered owner or the duly
authorized attorney for such registered owner.
Tile City, the Registrar and the Paying Agent may deem and treat the registered owner hereof as tile absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And It Is I lerchy Certified and Reci(Cd(hat all acts,ctelditions and thing's required by the laws and C'onstilutloll of the Slatc of lowa,(o:Xisl,to b, had,
to be dune of to In!pC110rined prt•CCdrnt In and in tile:is:alC i,f this 1")"I were and have been properly esisu:nt,had,done and Pcrfunned in rn jllar end tine furor
and lion:;that provision has been made for the levy of a sufficient continuing annual tax cal all the taxabic Pnq,culy within the City litr the payutent ufllte plineiPtll
of and inlelc�l on(his Liond Lis the".little will respectively beCOtne disc;that(he lilitl,credit,rcvcnurs-Intl resnulCes and all the real an,l per. ne!pn,Perty of(hc City
are irrevocably pledged for the prompt payment hereof,both principal and interest,and that Ihr lutal indchtcdnss of the L:uv,in„lutimgt Ilk BOMI,does not Cscced
any constitutional or statutory limitations.
IN TESTIMONY WIIEREOF,the City of Ames,Iowa, by its City Council,has caused this Bond to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
By /'�. :t. ..! ( .�,
Aticst
City Clerk - --
Registration Date: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
City Ilea ---
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian forand not as tenants in common (Minor)
under Uniform Transfers to Minors Act
- (State)--- -----._. .- ---
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint_ _.-—__—_.____.Attomey,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated: - ------ —-- ------
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent, Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF AMMICA
STATE,Of IOWA s,roaY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,SERIES 20t4
$650,000
No 11
RAKE MATURITY DATL DATE CUSIP
2.50% June 1,2025 September 30,2014 030807 S28
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on die maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
SIN HUNDRED FIFTY TI IOUSAND DOLLARS
in lawful money of the United States of America upon presentation raid surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar'or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June 1 and December 1 of each year,commencing June 1,2015,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become apidwol lc hereto. Interest on this Bond is payable to the registered owner
appearing on the registration books of the City at the close of business on the I'iliecnth day of Ills month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books, lntcrrst s11a11 hC e,;dculated on the basis of a 360-day year comprised of twelve 30-day
months.
This Bond shall not be valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corpnlat,1'urpo,c Loads,Set cs'014(the"Bonds")issued by the City in the principal amount of
$9,695,000,to evidence its obligation under a certain loan;wrcemen(,doled its of SCptclnb;:l ;t1,2014 (the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing inlpnvenlcnls to suCCIS,bl idf%c and solid waste disposal facilities,and the cost of flood mitigation and
remediation.
I h.Lands;uc issnr;I plhrsuoal to mid in strict compliance with the provisions"1C'haplcl<76 and ,Ni of the C'oac of Iowa,2013,and all other laws
:anent.11or} 11ww"I gild.upplClucn(al liuncw,air.]in conformity with a resolution oi'Ihe i.'i1v Council adoplad;u,d;q,pi ,vcd o❑ticptember 9,2014,authorizing and
y,l•rr,un; th; L.n;;n P,Ic.r,:C;ncln ::nd providiuf.; for tine issuance and securing the pa,inew of flit Mond. Uhc "l-MlIut,on"1 and reference is hereby made to the
I:;ar!u i m;on.l IhC Loon Ariccnu:ut for a nnorc complete statementas to the sourcC ohp te aynnl of d1k.Boncls and the I ip)us of the owners of the Bonds
'1 I,,.t'ily rcx Ives the r i,;ht to prepay part or:III of the Itonds maturing lit each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
on 6cic I, M".". of on any date II1crCalicl upon tarns of par and acclucd interest. If less than all of the Bonds of any like maturity are to be redeemed,the
p:uuc:ul;a Ira I of blow Bonds to tic tcdC.Cmed shall be sck:cte.d by the l:egislrar by lot. The Bonds may be called in part in one or more units of$5,000. If Tess than
he 11 of more d,an$5,000 is to be redeemed,the Registrar will issue and deliver to the registered owner
Cnlin: la inc,p;d amount of any Bond in a drnumina(in
hcreol; upon swrcndcr of such nIIIJUal frond, anew Bond or 13oucls, in any authorized denomination, in a total aggregate principal amount equal to the
anredecnlcd balance of IhC original Bond. Notice ol'suCh rcdculption as aforesaid identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent
by cicrtrollw means or tuailed by cet(Itiad nnait to the registered owners thercol at the addresses shown on the City's registration books not less than 30 days prior
midi n,dcanption date. Am notice of rede:nlllion miry ccnuain a stalenlent that the redemption is conditioned upon the receipt by the Paying AWnt of funds on or
bclol re .xc lilt: da lid fur rcdcolrynlion sufficient to pay the wdenll'tu»I price of the Bonds so called for redemption, and that if funds are not available,such
rcd,rmptnm shall be cancelled by written 1106CC to the owners of the'Boncls called for redemption in the same manner as the original redemption notice was sent.
,%It nt such Bond.; as to which IhC City reserves and cxciciscs the light of redemption and as to which notice as aforesaid shall have been given and for the
redemption of which funds are duly provided,shall cease to bear interest on the redemption date.
This Bond is fully u,:goliable but shall be Billy registered as to both principal and interest in the name of the owner on the hooks of ttc City in the office
of the Registrar,after which no Irnnsti;r shall be valid unless Inade on said books and then only upon presentation of this Bond to the 1,c tstrar,u,f cthcr with either
a written instrument of Inalsft:r;atisfnctury It' the Registrar or d,c assip,nnncnt form hereon completed and duly executed by the rcf6swicd owacr or the duly
authorized attorney for such registered owner.
The City,the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all:ICtr:,Conditions and tllllrf;5 r'equil'ed by III(.I'm-';and t onslinhlion of the Suue of Iowa,to exist,to be had,
to be done or to be performed precedent to and in the issue of this Bond were and have liter prOpCrly existent,hall,done and perl,used in rc„ular and due tinm
anti time;that provision has been made for the levy of a sut'h6cut eontinuint;atuuunl tax on all die taxable propci ry within ttic City liar tilt payment of(tic principal
of and interest on this Bond as the same will respcc(ivcly hec:oulc due:that Ill
liulh,Cl edit,revc.nucs.:nd resources and:ill the r:II and pers mat propcny of lhr c.'ity
are irrevocably pledged for the prompt payment hereof,both principal and intetes(;and(h:u tic;total lndel,tcdncss of the()ty,inclu:fing this hind,dos not exceed
any constitutional or statutory limitations.
IN TES'HMONY WHEREOF,the City of Ames, Iowa, by its City Council, has caused this Bond to be executed with the duly authorized facsimile
sigua(ure of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OI:AMES,IOWA
By-
Mayor
Registration Dale: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of die Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
It)
i'i t`,'I
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
(State)
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee)
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint_ _ Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated:
Signature guaranteed:
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards and procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recogmized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
f
UNITED STATES OF AIMERICA
STATE OF IOWA STORY COCINTY
CITY OF ANIES
GENERAL OBLIGATION CORPORATE PURPOSE BOND,SERIFS 2014
No. 12 o
RATE MATURITY DATE DATE CUSIP
2.50% June I,2026 September30,2014 030807 S36
The City of Amcs(the"City"),in Story County,State of lows,for value received,promises to pay on the maturity date of this Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
SIX HUNDRED SIXTY-FIVE THOUSAND DOLLARS
uI I,ac lug nI,ncy oftlw i Ililcd,',Imes o1 \alerts opal prescnutliorl and sun'endcr of(ills:lino(at the ,It let,ill th, t ill I rra,lnri ,Lac..,I„u,t ncclrurlllrl eels Iwd
I a;the"kcglsu:n"or Iht•"PaN uq. cvilil ill(c.rc.;i on said sum,IIIIIII paid,a1 dic rule per;:mull) spc•cllied aho%*c,lions Ihc d:Itc of gill,.good, �r fiom[ill!
nu;t It,clrl inlvle•;I paenlcru da(c on which intcics(let,;hccn paid,on.hlnc I Illid L"Cinbcl I ol'cach VCZ11, .annnl:nCaI11 JunC 1, '111�. CNcrl,t ae the puwl:,uln;
h,Icut:Ilicr ;ca Iulth with IC•:pr<i to Icdrmpliun pool h,110111ilt mac he oI biconu❑pltGcablr hcrcio hnrrr:a on lhe: Boncl r: p:n::hlc L. III: ICIkl(-ICEI otvtlCl
011 Iht I,, c.lrohou holds,of lhi Oily:d Ihc Closc of husntCs ,it Ihc Illiccnth d;ry oflhc nl,nrih nCel pt.a'din,. the)InclC;t Ir,lynnrnt d;ue.and awed(be paid
I 'L, ir•istc red ^.abet ::1 the ;Idlest ,In ten on iuc11 Iel;istmllon hookti lu(Clcsl Simi[ he,',tlrulawd oil Ihc Ir.I;IN.+I a rdI da'; 1'!':n rontpuad ill Recl.c iU d,Iv
months.
This Bond shall not he valid or become obligatory for any purpose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General ObliC;11101)Colpnl:rie I'urpose Itou,)N,SCI ie•:'014(the"Bonds")issued by the City in the principal amount of'
$9,695,000,to evidence its obligation under a certain loan a,,icenlrnt,rimed:ts of''wplcnib.:r tu,2014 (the"Loan Agreement"),entered into by the City for the
purposes of paying the cost,to that extent,of constructing.',ilnplowcnients to streets:,hiidl.re and solid waste disposal facilities,and the cost of Flood mitigation and
reniediation.
I he Bonds 111c issued pursuant to and in strict compliance with the pn visions ell c.'h;q)tcrs 7(,and 3ffiI of the t_Ixlc o('low,,, `ol;, :Ind:111 011Icl laws
Ilownd;ll"I thcrcof and supplcmcnull thc:rea.I.aW in conformity with a resolution of the(h) C'inntcil adopted told appr.Ived on Scplenlhel 9.>Itl 1.;wdlon':ow and
aplr.ot ilw Ills Lo;m Ai}reenlent and provithir. G.,r the issuance and securing the p:rynicm of the ljolids (tile"Resolution-), and rrl lcnic is It::rrhy luadc II,the
RCsoiolinn and(hc Io:ut A141Iecnuini Tol It molt•complete statementas to the source of payment o1'Ihc Bonds and Ihc nlchr,of tile owners of Ihc Bonds
I he('Itv Ie;cr vrs Ihc 1 n.111 it,prepay part or all of the 1-uricls nniluring,in each of the years 2023 to 2026,inclusive,prior to and in any order of maturity
o: lunC I. 'it", of on ;:riy d:uC IhcicAlcr upon ism„c,i par and acelued interest. If less than all of the Bonds of any like maturity are to be redeemed,the
p:u Uruku p:a(of Iho:;,,Roads to be rcdcc:nlcd shall be selected by litc Rcl;islral by Im. 'Pile Bonds Iliac be c:lllcd iu part lit ouc,n nivlr 111111,r4'S'i3OuU 11 lc.sS tlt:ul
II ntirr pl incipal amouill ofall} lioncl in a dvilnnlination o1'more(him S5.000 Is to he redeems.(, the l"vl.,islr:u will i,:uC :utd i!Clicer to lh� Icf,islcrrd owner
thc1c,d. upon surrcndcr o1 such original tioad, a ucvv Build or Bundy, in aIINr a lthotized delloulinatuul, in a total a r rcl:nle prulciplll :nnount c1lu,tl to IhC
un:idc.clntal halalwe nI'dle,atg,utal Mond. Notice ofsuch redemption us atitresaid iticntifyhig,file Bond or Boll('for pollion 111Clroll In be rcdccnn:d shall bC sclu
by c1<cironic means or mailed br ecrtified moil to the set;iste.red owners thcreol'at the addresses shown on the C•ny's Icf:�isuaiion hook!,not Icss than 30 day:,priol
to.uch redemption dale. Any notice of ledenplion may contain it slstenlent that the redemption is conditioned upon the receipt by the Paying Alynt of funds on or
before (III: &ae li.�c•d li,r rcdcnlption suflicacnt to pay the redemption price of the Bonds so called for redemption, and that if funds are not available,such
rcdcnlption shall he cancelled by wriucil notice In the owners()('tire Bonds called for redemption in the same manner as the original redemption notice was sent.
All of Bach Bonds as to which the Cily roselvcs and exereises the right of redemption and as to which notice as aforesaid shall have been given and for the
rcdcnlption of wlllch fluid,are duly provide((,,hall cease to bear interest on the redemption date.
This Bond is hilly negotiable but shall be fully registered as to hoih principal and interest in the name of the owner on the books ol'the Cny in the office
of the Registrar,after which no oonsli:t shall be valid Intless made oll said books and(hell only upon presentation of this Bond to the I%ct,i%oar,whether with either
a written instrument of uansiir salisfactoly to the Rcgi:;uar or (lie assiftilmustt form hereon completed and duly executed by the te.fris(crcd owner or the duly
authorized attorney for such registered owner.
The City, the Registrar and the Paying Agent may deem and treat the registered owner hereof as the absolute owner for the purpose of receiving
payment of or on account of principal hereof,premium,if any,and interest due hereon and for all other purposes,and the City,the Registrar and the Paying Agent
shall not be affected by any notice to the contrary.
And It Is Hereby Cer(ific(1 and ILecited IIIat all acts,conditions and(hangs Iettuilvil by the laws and COIIstinuloll of(he,'+tali•of lots,lo cost,to be had,
to be done or to be performed precedent to and ill(he vIsuc of this Bond%verc and have heen properly c�istent,had,done and perfol meal in regular and chle fi)rin
and time;that provision has been inade fi,l the levy of It sufiicicnt continuing nunual I;IN ON sill the laxablC 1110I)CI ly Wi(hill 111C('Ity lilt the pa.,,n(cm of[tic prtncipal
of and interest on this Bond as Ihc swine will Icspectively become title;Ihal(I)c fault,ercdit,fevellucs and tc.,umcrs and all 111c Ica(and fulNou:ll property of Ihc(,Itc
are irrevocably pledged for the prompt payment hereof,both principal and interest;and(hat cha tolal indehtc+dress oI111c('sty.Inchrlina 11:1,Bt>nd.due:;not exc(-d
any constitutional or statutory limitations.
C `
IN TESTIMONY WHEREOF,the City of Ames, Iowa,by its City Council, has caused this Bond to be executed with the duly authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 30,2014.
CITY OF AMES,IOWA
y
I,
City Clerk
Registration Date: September30,2014
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar )
B
Y-- --
1.11 I Il'il`�tlt l'I
ABBREVIATIONS
The following abbreviations, when used in this Bond, shall be construed as though they were written out in full according to applicable laws or
regulations:
TEN COM as tenants in common UTMA
TEN ENT -- ---- --- --—-- as tenants by the entireties (Custodian)
JT TEN as joint tenants with right of survivorship As Custodian for _ _
and not as tenants in common (Minor)
under Uniform Transfers to Minors Act
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,the undersigned assigns this Bond to
(Please print or type name and address of Assignee) -
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
and does hereby irrevocably appoint —_ _, Attorney,to transfer this Bond on the books kept for registration thereof with full
power of substitution.
Dated:
Signature guaranteed:
_ -----------------
(Signature guarantee must be provided in accordance with the prevailing standards and
procedures of the Registrar and Transfer Agent. Such standards mid procedures may
require signatures to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must correspond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.