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Home My WebLink AboutA044 - Bond No. 2 UNITED STATES OF AMERICA STATE OF IOWA STORY COUNTY CITY OF AMES GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2015A $2,235,000 No.2 RATE MATURITY DATE DATE CUSIP 5.00% June 1,2017 September 22,2015 030807 S51 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 TWO MiLLiON TWO HUNDRED THIRTY-FIVE THOUSAND DOLLARS in lawful money of the United States of America upon presentation and sutrender of this Bt)nd at alie office(if tale City"rieis4urer,Ames,Iowa, (hervinaller referwd to as the"Registrar"or the"Paying Agent"),with interest on said sum,until paid,at the rate IM annuai specified ahovi,from the bate of this Bond,or from the most recent interest payment date on which interest has been paid,on June I and Uece3nbcr t of each yen",4 iintricncfiil;Jittre 1,2016,except as tic Pritvisions hereinafter set forth with respect to redemption prior to maturity may be or become applicable hcrcto• Interesi on this;Boat(is'ptlyablc to the registered owner appearing on the registration books of the City at the close of business on the fifteenth day of the niondi next pieccdhig the interest payment date,and shall be paid to the registered owner at the address shown on such registration books. Interest shall VW caicalilted tin the b riis of a 360-dray,year cornpriscd of twelve 3{l•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, I'his Bcurl is true of a scr'ies of Generill Obligation torportric•Purpo, and Rorondilig tJonds,Series 2015A(the"Bonds") issued by the City in the prat nl ap timauttt of 18,9a35,tt00,to cvideuec)its 01111"titie0u"')Our a cirtun liaiii7 i}trr pram chr(ed as oTcclaterntzer 22,2015(the"Loan Agreement"),entered into fir•the al aCit for tire Proposes of payint the.east,to Hutt extent,of"r_onsti ticding strr t,u.itct na wa,sauut.ay acid storm sewer,bridge,and related improvements; of constrxactiuo., a nc.w tnurric.itud tc.r airport rnival budding,, of (load rniugation and remedi.iuon, anel of refunding the outstanding balanees of the City's General Obl i,,,;mor 0)tporauc Pur})ose Bonds,Series 2006A and Ce:nc rill oltilil.,ation Corporate Purpose Bonds,Series 2007A. Thc.Booals are issued pursuant to and in strict compliance with the provisions of Chapters 76 ant!384 of the Code of Iowa,2015,and all other laws arntirrd.5iury thereof fund supplementarl tlrcceto,and in conformity with a resolution of 111e City Council adopted and approved tlti September 8,2015,authorizing and 1'lirovant drr Loan Agreement and providing ror the issuance and securing the payment of the Bonds (tile"Rcsolution"),and rel'crence is hereby made.it)the Itcsolutiott and the Loan Agicenteut fior n more complete statementas to the source of payment of Qie Bonds and tine raglitc or the nuc ners of the Bonds. The City reserves the right to prepay pint ttr ati of Chc Bonds maturing in each of the years 2024 to 2035,inclusive,prior to and in any order of maturity on June 1,2023,or on any date thcre,riter upon ferias of par and aperrued interest. In addition,principal of the Bonds maturing on.hme I in each of the years 2029, 2031,2033 and 2035 is subject to anztnlutory redernplwn(by lot,as selected by the Registrar)on the dates and it, ttccordancc with tile mandatory redemption schedules set forth in the Resolution.ill it redemption priuc of i t}0%of the principal amount thereof to be redeemed,plus ii,ccrued interest tliereon to+ft redemption date. If less than all of the Bonds of any like maturity are to be redeemed,the particular ptart of€lu�sc l3r)nds to t)e tedeemed shall be. elected b ttic Registrar by lot. The Bonds may be called(apart in one or more units of$5,000. If less than the came principaal amount of any Bored ill a denomination of niore than$5,000 cruder is to be redeemed, the Registrar will issue and deliver to the registered owner thcxc.ol', upon for sit' of such or"ig'n.a! Bond, re. new Bond car t3oods, ruty of the origi,cil Bond, Notice of such redcmpti<irt h5 a authorized denomination, in a total aggregate principal amount equal to the u nred cmcd hnlnnce esaid identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by clectronic rncsn,or nuiiled fig certalicJ mail to the registered owncn thcru�fat the addresses shown on the City's registration books not less than 30 days prior to such redemption dntc- Any ra:,tice of ledeinption may contain a statemcart that t! l re redem)ti(u,is et),lditioned upon fit(:receipt,by the Paying Agent of funds on or before the didill,;t1Xvd 16r tede"Tli(lil sttticietit it-,)pity lite diemptiio ds pr(alit el for ice oftlic Souris so cmllel for recicnipflan,surf thin if funds arcs not available,such redemption shall be ctinccilcd I)},writicn notice to the,owners of the stun in the s;anle maanncr as Olt-original redemption notice(vas scut Al!of"such Bonds as to which tile City reserves self a lice arses tile httcrist ioilat ofredcloption thc redemption 1 and ak ti!uetticli nctticc as nfolc raid shall have been given and liar the redemption ul'whirh fttricls are duly provided,shall eesisc t t date. This Bond is fully aargtrtaable livat shall be fully rcgistercd 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 translc.r shrill be valid unless ntadc oil said books and then only upon presentation of this Bond to the Registrar,together with either a written instrument of ritimifet sfafisf l;toty to the Registrar or tlae 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 ilerrbyy Cuatified and Recited that tall acts,conditions and things requited by the laws suiti Constitution of the State 0 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 been prOlit,rly cxistunt,had.done and peri rrmed in te$ular and due ftinn and time;that provision has bceru made for the levy of sufficient continuing,annual lax on rill the to .abli�prtrperry within the City for the paym0111 of(lie principal of and interest tilt this F3canil a9n the same will respectids�ly become due;and that the total indcbtedncss of the City,ilicluding this Bondi,do s treat ehecet4 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 22,2015. CITY �j OF AMES,IOWA Mayor i City Ckrk 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 �. ire. Urer 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 acknowledipd,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.