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Home My WebLink AboutA041 - Bond No.15 UNITED STATES OF AMERICA STATE OF IOWA STORY COUNTY CITY OF AMES GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 20t5A $115,000 No. 15 RATE MATURITY DATE DATE CUSIP 3.125% June 1,2033 September 22,2015 030807 U58 The City ofAmes(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 ONE HUNDRED FIFTEEN THOUSAND DOLLARS in lawful money of the United States of America upon presentation and surrender of this Bond at the office of the City Tteasurer,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 I of each year,commencing June 1,2016,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 Bowl is mw of a scrics of'eneral Obtigittion Corpotute Purl'lost:and Refunding Bonds,Series 2015A(the"Bonds") issued by the City in the priocilml ana,suru evidcuec its ritrhe,tuitfrl under a certain loin at,,,rcement,dated as of September 22,2015(the"Loan Agreement"),entered into by the 01 tot r the purposes of h.1ying the coy 1.to that anent,tri`cetnstatrctui snect,water main,sanitary and storm sewer,bridge,and related improvements; of constrnctin �t n.au tta,uucil>al airport tcriutn;tl buddutg, of tk)ucl tniligation and re.mediation, and of refunding the outstanding balances of the City's General t}bligatirm C orpc,r;ate Nigrosc Bonn,lwiw• 21)�R,A ittitl C.tcric rat oblipatronCorporate Purpose Bonds,Series 2007A. The Bonds Zile issucd pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Cotle of Iowa,2015,and all tither laws atnndn[otT Iltereof=tuts satpplemcntrtl thercto,my.]in conformity with a resolution of the City Council adopted and npproved on September 8,2015,authorizing and thtsuzving tltc t.casn At,,,iven)Qilt and taroutelntg for the issuance and securing the payment of the:B n& (the"Rcsalution,,),turd teferene Is hereby made to the 13c.04t ion and the I-t t=t tire..t more.Complete statementas to the source of fin anent ofAac Bonds and the rights ofthc owners of theBouds. The City reserves the right to prep=rye part or all of the Bond's ntttturing in each of the years 2024 to 2035,inclusive,priers to and in any Order of maturity on June 1,2023,or on any date themalttr upon tcrrnu trf par anf accrut:d uncw'st- In addition,principal of the Bonds[mint ilIg sail.luuc I In each of the years 2029, 2031,2033 and 2035 is subject to ttaantl+tut* ratleaupUort{he. 1 a, as sclticted try llie Registrar)on the dates and in accoitlatrt�c wnh the ntaattlatoly redemption schedules set forth in the Resolution,rzt a redetuptiOn lnicc of It)tI`'ia t,1 dic,rrmctl�;d amount thereof to be redeemed,plus itccrueed intctcst thereon to th t redemption date. If less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Brands 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 o1 ally Bond an it delloimmAtirm of more than$5,000 is to be redeemed, the Registrar will issue and deliver to the registered owner thereof,upon w-lonclL, oI*vnclt orip,in it I3urtd, n new bond or Bonds in tiny. authorized denomination, in a total aggregate principal amount equal to the unredeemed bahutce of the original Bond, Notice of uch redemption as aforesaid identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or mailed by certified mail to the tcgislx,rcd owncts 111creof 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.r statement that the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date 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 be fully registered as 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-no transfer shall be valid unless made on said books and then only upon presentation of this Bond to the Registrar,together with either a written instrument of transfer satisfactoy to the Registrar or the assignment 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 Hereby Certified and Recited that all acts,condition and things rceittired by the laws and C".onsinution of ills State of low a tire.Kist,to tic hall, to be done or to be performed precedent to and in the issue of Ihis Bound were and IwN c b,%:o wope.rly existent,Iliad,tie li and pi�rformed its r,f triad and dead form and time;that provision has been made for the levy of 0 stiffictunt 0110tluing annual tars tact all that tttazttbfe property within tiro C'it} i'itt the pRtrnt tat of Clue prmctpaS of and interest on this Bond as the same will respectively h"onic date;and that the i,sal 'rnd6tedtt0S of the 0ty, including this f3etnrt,dt°us not ex>x.vd.lay 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 22,2015. CITY OF AMES,IOWA rj r, Mayor ....:........�. City Clerk - 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 By A- �71AL�,512_47 Cit '� rcr 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) 1T 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 acknowledg-d,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 „µ _ Attorney,to transfer this Bond on the books kept for registration thereof with full power of substitution. Dated: Signature guaranteed: (Sig'nat-u-re 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.