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HomeMy WebLinkAboutA006 - Letter from Dorsey & Whitney dated October 22, 2015 October 22, 2015 Diane Voss City Clerk/City Hall 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010-0811 Re: Electric Revenue Loan Agreement Our File No. 419370-52 Dear Diane: We have prepared the enclosed proceedings for use at the City Council meeting on October 27. These materials include a resolution setting November 10 as the date for a hearing on the proposal to enter into the Electric Revenue Loan Agreement and a resolution complying with federal regulations and preserving the City's eligibility to be reimbursed from future tax exempt bond proceeds for cash spent on the improvements to the municipal electric system. The documents attached include the following items: /Resolution fixing the date, time and place of the meeting at which it is proposed to hold a hearing on the proposal to enter into the Loan Agreement. The form of notice of hearing is set out in Section 2 of the resolution. Resolution complying with federal regulations related to reimbursement for cash spent on a project. /Certificate attesting the transcript. Certificate with respect to publication of the notice, to which must be attached the publisher's affidavit .f publication with a clipping of the notice as ublis ed The notice must be published at lea once not less than 4 nor more than 20 days b fore the meeting date set for the hearing, in a legal newspaper whi ease scan or fax a copy of the published notice to our office at(515)283-1060. As soon as possible after the City Council meeting, please return one fully executed copy of these proceedings. If you have any questions,please contact me. Very truly yours, Robert E. Josten Attachments cc by email: Duane Pitcher Steve Shainker Judy Parks Susanne Gerlach