The URL can be used to link to this page

Home My WebLink AboutA040 - Bond No. 14 c � UNITED STATES OF AMERICA STATE OF IOWA STORY COUNTY CITY OF AMES GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2015A $110,000 No. 14 RATE MATURITY DATE DATE CUSIP 3.00% June 1,2031 September 22,2015 030807 U33 The City ofAmes(the"City"),ut 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 ONE HUNDRED TEN 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,Amos,kiwa (bocinitficr referred to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate per annum specified above,from tilt date of this 11mill,t?r from the most recent interest payment date on which interest has been paid,on June 1 and December 1 of each year,commencing June 1,2016 eacePt as the provisions hereinafter set forth with respect to rcdernplion prior to maturity may be or become applicable hereto. Interest on this Bond is payable to the registered owner appearing on the registratitris hooks 017the('fly nt the close of business on the fifteenth dray of ilic month next preceding the interest payment date,and shall be paid to the registered owner at tltu address stti,itvrt run such registration books. [tit 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 Iv nc:<i i cries ,I i c•ncr tl t rblit4sit oli Cut I'm pose and Refunding Bonds, Series 2015A(the"Bonds") issued by the City in the principal tri5tuttrrt o118 t'k'°.ri itt t+ girl tt u�rairli,.rttrs;,un 1 t .r cstt:z�ir fuai,avicement,dated as of September 22,2015(the"Loan Agreement"),entered into by the Cite for the purpose;al p„)ui�tli� u,zi,i�,uiai catch', if cuustriicunp succt,water main,sanitary and storm sewer,bridge,and related improvements; of constructing a nv mu� unicipal ,airport larnn ilil building, of'flood mitrfauon and remediation, and of refunding the outstanding balances of the City's General Obligation Corporate Purpose Bonds,Series 2006A and General Obligation Corporate Purpose Bonds,Series 2007A. The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2015,and all other laws ,aau. ilrct-of and supplemental thcreto,and in conformity with a resolution of the City Council adopted and approved on September 8,2015,authorizing and n n I,oan Ag.rcemcnt and providing for the issuance and securing the payment of the Bond+(tile"I�cavlutiiui"),and reference is hereby made to the the f,urtit rtigtecnient for a rn�,}re complete statement as to the source of payment of the Bonds and the ttp>hu of the owners of the Bonds. The City reserves the right to prepay part or all of the Bonds maturing hi each t,l tltc years 2.024 to 2035,inclusive,prior to and in any order of maturity n L 2023 or on an date thereafter upon terms of par and accrued interest, hi addition pnnc-ilt it of tits Bonds Inalolinh ern Buie I it,each of the ye us 029, on June Y 2031,2033 and 2035 is subject to mandatory redemption(by lot,as selected by the Ref i_U;ir)an rile dates and ur arrcordcaiee aauh the mand:uoiy rcdemptlrei- schedules set forth in the Resolution,at a redemption price of 100%ofthe principal a,nuuiit tlrefo'l'to Ile redccowd,plus ilocriied interest thereon it)(IV Icdc:aipttrn date. If less than all of till,Bori,ls of only like.nrtuurit,y are to be redeemed,the particular part of dlo c I 1,111,k 10 be redeemed di all he salcoed by the Registrar by lot. The Bonds may be called in pain in oW:or inure units ol,$5,000. If less than the entire 1),mcip i1 aisiuiui ,t tm Bond w a dcninnniittiw,of more dual$5,000 is to be redeemed, the Registim will lsi;W: and t1cliver to tile- registered owner thereof, upoil strr,cn.lc+ ct .u.is ii_tErs.l ,uIcc,, i stew Bond of Bonds,in any authorized denomination, in a tilt it agttrcg;itc principal auiiount equal to the unredeemed balance of tha rinw_nril B1,11 , ''7t,ticr-of such redemption aforesaid identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or mailed by certiicd mail to die registered owners thereof tit the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice otttdelriptio n uray Contain it statuucntthat the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to p;iy the redcniption twice of tile 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 be fu trlly gistrrcel is to berth principal and interest in the name of the owner on the I,txol s of tlic City in the office of the Registrar,after vvhit.h no 1,uisfer shill be valid unless mai,le girt Said books and then only upon presentation of this Bond to the Itc isu r wgi ther with either a written instrument of tronsfer s aiisfacuiry to the Registrar or the asxignniciu form hereon completed and duly executed by the revistcred,Mauer 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 Ceitilled attcl R"ited that all aets,cirrjditirrm and things required by the laws and Constitution of the State of Iowa,to exist,to be had, to be done or to be performed pre cedcrit to and in the issue of this Bond were and have been properly existent,had,done and performed in regular and due form and time;that provision hashecri made for the levy of"sufficient continuing annual tax on all the taxable property within the City for the payment of the principal of and interest on this Bonet aF rite Sane will respectively trcc4:c>nie due.and that the total indebtedness of the City, including this Bond, does not exceed any constitutional or statutory limitations. IN TESTIMONYWHEREOF,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 22,2015. CITY OF AMES,IOWA 13y city a°;i A Registration Date:September 22,2015 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 — yR City rcas 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 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: (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.