HomeMy WebLinkAbout~Master - Electric Revenue Bonds, Series 2015B Aug
AMOM AMMMM
Amumam
wwwomm" 801 Grand Avenue 515-727-5734
The PFM Group Suite3 in www.pfmcor fax
" +ti,. i Des Moines,IA 50309 www.pfm.com
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PROPOSED SCHEDULE OF EVENTS
CITY OF AMES, IOWA
$10,360,000* ELECTRIC REVENUE BONDS, SERIES 2015B
S M T W T F S S M T W T F S S M T W T F S S M T7171
1 2 3 4 5 1 2 3 1 2 3 4 5 6 7
13 1410
8 13 2 6 7 I 17 15, 16 17 18' 19 1i 12 13 kl 15 16 17 15L 16 107 18 19 20 21 13 1420 21 22 23 24 25 26 18 19 20 21 22 23 24 22 i 23 24 25 26 27 28 20 21 2225 26 271 28 29 30 31 29130 27 28 29' 30 27 28 29
Date Task Description Responsibility
Sept- Nov Structure Bonds •, Develop debt amortization schedule & develop C, MA
electric cash flow analysis
M Prepare & Distribute Sale Details MA
Sept-'Nov Prepare POS 4, Prepare Preliminary Official Statement C, MA
Oct 27 Council Meeting M Set public hearing C, MA, BC
« Approve Reimbursement Resolution
o Council Meeting M Hold public hearing C, MA, BC
O Approve POS& electronic bidding
Nov 16 - 20 Moody's Credit Call N Moody's credit presentation (Time/Date TBD) C, MA, RA
Dec 8 Bond Sale @ 11:00am M Receive bids (Sealed & Parity internet bid system) C, MA, BC
Dec 8 Council Meeting 0 Presentation of Bids Received &Award Bonds C, MA, BC
« Authorize Issuance Proceedings
Nov- Dec Closing Preparation « PFM will prepare and distribute the closing C, BC
instructions to all parties
Dec 29 Closing « Purchaser Delivers Funds C, BC, MA
N Closing conference call with DTC
J.P.-
C=City of Ames, Iowa (City)
BC= Dorsey and Whitney (Bond Counsel)
MA= Public Financial Management, Inc. (Municipal Advisor)
RA= Moody's Investors Service (Rating Agency)