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Home My WebLink AboutA046 - Bond No. 4 ► w UNITED STATES OF AMERICA STATE OF IOWA STORY COUNTY CITY OF AMES GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2015A $1,965,000 No.4 RATE MATURITY DATE DATE CUSiP 5.00% June 1,2019 September 22,2015 030807 S77 The City ofAmes(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 ONE MILLION NINE HUNDRED SIXTY-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 1,2016,except as the provisions hereinafter set forth with reslacet to red+'rmpticsa prior to ma4urity r11ay be or trccofile 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 shilun rrrl such legistration hooks. 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. l his Bond is(tile of a series of General Obligation Corpolata I'urfao< atld Refunding Bonds,Series 2015A(the"Bonds") issued by the City in the I.rinvip;lt,a�nrruan irf°ill ,h15,C1tf0,ru cvidcrlce its obltgatia)n unalcr a ceiulill 1,itlo ar recmtent,doted as of SepterrAer 22,2015(the"Loan Agreement"),entered into ts; of by the City for the purposes or llaying�file cost,to that extent,of cpnsiluvugo su er,evaaer m,lio,aaniuny and storm sewer,bridge,and related improvemen constrtacting a new municipal .airport termnuu building,of flood Ini igtition arld lemediarton, and of reftink ing the outstanding balances of the City's General oblig;ti>n CorpoNlte Purlaosc flonds,Scries 2006A and General ObligationCO'/orate Purpose Bonds,Series 2007A. The Bonds are issued ptnsttult to and ill strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2015,and all other laws amendatory t1lcrevf'loaf sapplctnental thercto,arxl in confurllutywith a resolution ofthe City Council adopted rind approved can September 8,2015,authorizing and approviog,the. Loon Ag,recillent allit providing for the isstuulcc told securing the paymcnt ofthe Bonds(the Resolution" and reference is hereby made to the Resolution and tho loan Agrevnacol for a more complete slatcoleni its to the source ofpayln;ot(if the Bonds and the right;;of the owners of the Bonds. The City reserves the riglit to Prepnly pal t or all ofthe 13onds matiiring 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 thereafter npgal terms of par and accrued interest in addition,principal ofthe Bonds maturing on Jimc I in each ofthe years 2029, 2031,2033 and 2035 is subject to mand.aot) teoiconladoti(lay lot,as selected by the Rc,,istrar)on the dates and in accordance Hith the mruldatory redemption schedules set forth in the Resolution,at a redemption pri"of 100%of the principal amount thereof to be redeemed,plus accrued intsl cst thereon to the redemption date. If less than all ofthe Bonds of any like maturity are to be redeemed,the particular part raf°th,+sc Bona15 fo he recleerlred shall be Selected by the la ct istmr. by lot. The Bonds maybe called in part in one or more units of$5,000. If less than the entire principal amount of any lfond in a denomination Of more tluln'i,5,000 is to be redeemed, the Registrar will issue and deliver to the registered owner thereof,upon sturcudcr e>f such original Bold, a uru Bond or Bonds, in any authorized denomination,in a total aggregate principal amount equal to the unredccmed balance of the sled by crulbonf email tile arch rstetred o yl 14 heleoaforesaid identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by ctr eirortic nlcan: err'trailed by ccrtifitd n1atf(o tit tagistuoel owm_r�thcrcofat the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption rn ay�contain a statement that the redeinP ti(31 is c(.andin +'otled npoll thc.receipt.by Cite Paying gcnr of fulid';tan.Or before the date fixcd for wdemp on sufficient to(Day the redernpdh)n price pf the I,onds st>'salted for icdemption,tool thin if fnl[ls are not arallable,larch rceic nptittas siltdl lie eatnccllccf by written notice 10 ilrc owners of tha Stlnds called for in atiaan ill ilte sa inc Manner as the original t dcmption fwtice was sent. All ol'such Bell&a;;to ltlaiwh tile Cif)'reserves toad t erciscs the right of redemption t zdu i anil its to,w'luch notice as aforesaid shall have been givell and for the redemption of which fit d lire dtdy fxovldecl,shall CCFI:�e Sea bear interest on the redemption date. This Bond is frilly negotiable hill shall be fully registered as to both principal and interest in the name ofthe owner on the books of the City in the office ofthe Registrar,after w hic:b no ll ansfrr 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 lr ulsfer satisfactory 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 he affected by any notice to the contrary. And It is l lareby=Certified and Recited that all acts,vonditions and things required by the laws and Constitution ofthe State ofdowa,to exist,to be had, to be done air to be performed precedent to and in the issue of this Bond were and have been properly r1x-istent,had,done and perfoririod in regular and due form and time;that provision has been naasle for the levy of asnfflcicnt corninuing annual tax on all the taxable property within the City for 1110 Pay0411 0f the principal of and interest am this Bond as that same will respectively bcicome due;and that the total indebtedness of the City,including this Ronda dears not cttcecef ugly constitutional or statutory limitations. R 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 A,M�ES,IOWA By Mayor �ti t City ck, 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 Gi y fr 5urcr - 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.