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Home My WebLink AboutA012 - Email correspondence dated October 30-31, 2019 RE: MGMC Revenue Bonds--Closing on November 7; most recent documents akd� Duane R Pitcher to: Kuhn.Cristina 10/30/2019 01:51 PM Cc: Mark Lambert, Diane R Voss, Roger Wisecup Cristina, Thanks, based on our call and this e-mail we can prepare and submit the documents requested by Wells Fargo as the paying agent for the MGMC bonds. Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 -----<Kuhn.Cristina(o)dorsey.com>wrote: ----- j To: <DPitcheracity.ames.ia.us>, <mlambert(@city.ames.ia.us> From: <Kuhn.Cristina(aDdorsey.com> Date: 10/29/2019 02:34PM Subject: RE: MGMC Revenue Bonds--Closing on November 7; most recent documents Hi, Closing for the Hospital financing is November 7. We are working with Diane Voss to get the financing documents signed by the Mayor and City Clerk. I understand the trustee had a few "patriot act" type internal documents to sign, which I am happy to look at. All of the City documents (listed below) are authorized to be signed by the October 8 resolution. The Mayor and City Clerk are the only signatories, except by statute the Treasurer signs the back of the Bond, which we have his signature on file from the other financings with the City so he doesn't have to physically sign it. Here are the City documents, which are near final: t' 4 Supplemental indenture Bond Purchase agreement Closing Certificate of the Issuer Tax Certificate, which is endorsed by the Hospital and the Hospital is responsible for monitoring and spending the money. We are reviewing and confirming the information with Gary. The 8038 will be prepared for closing and we send that out separately, and we sign that as the tax prepayer. We can accommodate however you would like on that (ie send directly to Diane or to you for signature);just let me know. Let me know if there is a time you would like to review the documents or if you have questions. From: Duane R Pitcher<DPitcher@city.ames.ia.us> Sent:Tuesday, October 29, 2019 11:39 AM To: Kuhn, Cristina <Kuhn.Cristina@dorsey.com> Cc:veronica.salazar@wellsfareo.com; Roger Wisecup<rwisecup@city.ames.ia.us>; Mark Lambert< mlambert@city.ames.ia.us>; Gary Botine<botine@mgmc.com> Subject: MGMC Revenue Bonds Cristina, We have received a request from Wells Fargo to provide some documents related to the MGMC Revenue bonds that will be closing in early November. We had a call with Wells Fargo this AM, and we were able to work out most issues, however we would like some advice on what exactly is needed from the City to get the bond closing done. It may be easiest to setup a call with the City. Please let me know some times that will work for you. Mark Lambert - do you want to be included on the call? Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 [attachment"Tax and Arbitrage Certificate-v3.doc" removed by Duane R Pitcher/COA] [attachment"Cert of Issuer(Mary Greeley 2019)-v3.doc" removed by Duane R Pitcher/COA] [attachment"Greely BPA(JPMorgan)-vl.docx" removed by Duane R Pitcher/COA] [attachment"Fourth Supp Indenture-v8.doc" removed by Duane R Pitcher/COA] ......................... RE: MGMC Revenue Bonds--Wells Fargo trustee documents for the City (Patriot act/know your customer) Duane R Pitcher to: Kuhn.Cristina 10/30/2019 02:03 PM Cc: Mark Lambert, Diane R Voss, Roger Wisecup We sent them the W-9, and I'm sending the USA Patriot Act form today. City Attorney is completing the Certificate of Authorized Signers and we will send Wells Fargo when complete. Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 -----<Kuhn.Cristinaadorsey.com>wrote: ----- To: <DPitcheracity.ames.ia.us> From: <Kuhn.Cristina@dorsey.com> Date: 10/30/2019 01:59PM Cc: <mlambert(a_)city.ames.ia.us>, <DVoss(a)city.ames.ia.us>, <rwisecupaa city.ames.ia.us> Subject: RE: MGMC Revenue Bonds--Wells Fargo trustee documents for the City (Patriot act/know your customer) Thank you Duane. Wells Fargo sent an email this morning asking if their documents (not our signature pages, etc) can be returned tomorrow. If that is not feasible, what date would you like me to give to them? Again, let me know if I can be helpful. Thanks for your help on this; I know you have a million things to do in a day. -Cris From: Duane R Pitcher<DPitcher@city.ames.ia.us> Sent:Wednesday, October 30, 2019 1:51 PM To: Kuhn, Cristina <Kuhn.Cristina@dorsey.com> Cc: Mark Lambert<mlambert@city.ames.ia.us>; Diane R Voss<DVoss@city.ames.ia.us>; Roger Wisecup <rwisecup@city.ames.ia.us> Subject: RE: MGMC Revenue Bonds--Closing on November 7; most recent documents Cristina, Thanks, based on our call and this e-mail we can prepare and submit the documents requested by Wells Fargo as the paying agent for the MGMC bonds. Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 -----<Kuhn.Cristina(a dorsey com> wrote: ----- To: <DPitcher(&city.ames.ia us>, <mlambert@city.ames.ia.us> From: <Kuhn.Cristina(a dorsey com> Date: 10/29/2019 02:34PM Subject: RE: MGMC Revenue Bonds--Closing on November 7; most recent documents Hi, Closing for the Hospital financing is November 7. We are working with Diane Voss to get the financing documents signed by the Mayor and City Clerk. I understand the trustee had a few"patriot act" type internal documents to sign, which I am happy to look at. All of the City documents (listed below) are authorized to be signed by the October 8 resolution. The Mayor and City Clerk are the only signatories, except by statute the Treasurer signs the back of the Bond, which we have his signature on file from the other financings with the City so he doesn't have to physically sign it. Here are the City documents, which are near final: to 4 Supplemental indenture Bond Purchase agreement Closing Certificate of the Issuer Tax Certificate, which is endorsed by the Hospital and the Hospital is responsible for monitoring and spending the money. We are reviewing and confirming the information with Gary. The 8038 will be prepared for closing and we send that out separately, and we sign that as the tax prepayer. We can accommodate however you would like on that (ie send directly to Diane or to you for signature);just let me know. Let me know if there is a time you would like to review the documents or if you have questions. From: Duane R Pitcher<DPitcher@city.ames.ia.us> Sent:Tuesday, October 29, 2019 11:39 AM To: Kuhn, Cristina <Kuhn.Cristina@dorsev.com> Cc:veronica.salazar wellsfareo.com; Roger Wisecup<rwisecup@city.ames.ia.us>; Mark Lambert< mlambert@city.ames.ia.us>; Gary Botine<botine@mgmc.com> Subject: MGMC Revenue Bonds Cristina, We have received a request from Wells Fargo to provide some documents related to the MGMC Revenue bonds that will be closing in early November. We had a call with Wells Fargo this AM, and we were able to work out most issues, however we would like some advice on what exactly is needed from the City to get the bond closing done. It may be easiest to setup a call with the City. Please let me know some times that will work for you. Mark Lambert - do you want to be included on the call? Thanks, Duane Fw: Request for Information as We Prepare to Establish Your Account- City of Ames Duane R Pitcher to: Mark Lambert 1 0/30/201 9 02:01 PM Cc: Diane R Voss, Roger Wisecup Mark, Per our conversation, please handle the Certificate of Signers Form only, Roger and I have taken care of the other two. I have spoken to the Wells Fargo Trust officer and MGMC bond counsel and the only two that need to be authorized are the Mayor and City Clerk. Roger will be be signing the actual bond, but the bond council (Dorsey) has authorization for him already. Please return to me and I will forward to Wells Fargo with the other documentation. Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 -----Forwarded by Duane R Pitcher/COA on 1 0/30/201 9 01:57PM ----- To: <dpitcherc@city.ames.ia.us> From: <Veronica.Salazar(a)wellsfargo.com> Date: 10/25/2019 03:09PM Subject: Request for Information as We Prepare to Establish Your Account-City of Ames (See attached file.-KYC- City of Ames 07.07.2017.pdt) (See attached file:CTS KYC Questionnaire.pdf) (See attached file.*Certificate of Authorized Signers Form-City of Ames.docx) Toge r wre'D go far 1*,A Corporate Trust Services Request for Information as We Prepare to Establish Your Account Good afternoon, Duane Thank you for the opportunity to work with you on your new bond transaction. We look forward to serving as trustee for your new deal. r � I'm writing to request some updated information from you that will help us onboard your transaction. As you'll see below, this includes forms and certificates that will help us establish the necessary accounts and system records for your new transaction. These forms are separate from the due diligence process you may have been involved in with other members of the financing team. The items needed are noted below. In addition, we will be setting you up with online access to your trust account statements. If any additional individuals require access, please provide their name, phone number and email address. 1. We are required to collect, review, and retain certain due diligence documentation in order to comply with the USAPATRIOT Act of 2001. Please find below the information we will need from you. Please return the completed form along with your formation documents to me by 10/30/2019. For a Local/Domestic Government and Public Authorities/Public Utilities we require the following information: • IRS Form W-9 (completed, signed and dated) Please visit www.irs.gov to obtain the most updated version of the form. • KYC (Know your Customer) Questionnaire (attached for your completion) • Full legal name and title of persons authorized to act on behalf of the Customer 2. Certificate of Authorized Signers. This form provides us with a list of individuals at your company who are authorized to sign documents, certificates, and provide general direction. Each authorized individual should complete the form. Please note the following: KYC normally takes 3-5 business days to process. It is recommended that this information be provided as soon as possible but in any event, at least 5 business days in advance of the date on which the Official Statement/Offering Memorandum is printed. We will need the complete package of information before we begin our review. ** Upon receipt of the required information outlined above, our review may result in additional questions or requests for additional information. Thank you again for choosing Wells Fargo. We look forward to working with you on this transaction. Sincerely, Veronica Salazar Onboarding Service Delivery 312-845-9781 @ 2019 Wells Fargo Bank, N.A. All rights reserved. Wells Fargo Corporate Trust Services This email may contain content that is considered an advertisement or promotion. If you do not wish to receive promotional emails from Wells Fargo in the future, please reply to this message with "Unsubscribe" in the subject line. KYC-City of Ames 07.07.2017.pdf CTS KYC Questionnaire.pdf Certificate of Authorized Signers Form-City of Ames.docx RE: MGMC Revenue Bonds--Wells Fargo trustee documents for the City Y (Patriot act/know your customer) Kuhn.Cristina to: DPitcher 10/31/2019 06:28 AM Cc: mlambert, DVoss, rwisecup Dang, you are good. Thanks! From: Duane R Pitcher<DPitcher@city.ames.ia.us> Sent:Wednesday, October 30, 2019 2:03 PM To: Kuhn, Cristina <Kuhn.Cristina@dorsey.com> Cc: Mark Lambert<mlambert@city.ames.ia.us>; Diane R Voss<DVoss@city.ames.ia.us>; Roger Wisecup <rwisecup@city.ames.ia.us> Subject: RE: MGMC Revenue Bonds--Wells Fargo trustee documents for the City (Patriot act/know your customer) We sent them the W-9, and I'm sending the USA Patriot Act form today. City Attorney is completing the Certificate of Authorized Signers and we will send Wells Fargo when complete. Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 -----<Kuhn.Cristina(&dorsey.com> wrote: ----- To: <DPitcher(&city.ames.ia.us> From: <Kuhn.Cristina0)dorsey.com> Date: 10/30/2019 01:59PM Cc: <mlambert(&city.ames.ia.us>, <DVoss6&city.ames.ia.us>, <rwisecup(abcity.ames.ia.us> Subject: RE: MGMC Revenue Bonds--Wells Fargo trustee documents for the City (Patriot act/know your customer) Thank you Duane. Wells Fargo sent an email this morning asking if their documents (not our signature pages, etc) can be returned tomorrow. If that is not feasible, what date would you like me to give to them? Again, let me know if I can be helpful. Thanks for your help on this; I know you have a million things to do in a day. -Cris From: Duane R Pitcher<DPitcher@city.ames.ia.us> Sent:Wednesday, October 30, 2019 1:51 PM To: Kuhn, Cristina <Kuhn.Cristina dorsey.com> Cc: Mark Lambert<mlambert@city.ames.ia.us>; Diane R Voss<DVoss@city.ames.ia.us>; Roger Wisecup <rwisecup@city.ames.ia.us> Subject: RE: MGMC Revenue Bonds--Closing on November 7; most recent documents Cristina, Thanks, based on our call and this e-mail we can prepare and submit the documents requested by Wells Fargo as the paying agent for the MGMC bonds. Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames 515 Clark Avenue P.O. Box 811 Ames, Iowa 50010 Phone (515) 239-5114 -----<Kuhn.Cristina(&c1orsey.com> wrote: ----- To: <DPitcher(&city.ames.ia.us>, <mlambert@city.ames.ia.us> From: <Kuhn.Cristina(ddorsey.com> Date: 10/29/2019 02:34PM Subject: RE: MGMC Revenue Bonds--Closing on November 7; most recent documents Hi, Closing for the Hospital financing is November 7. We are working with Diane Voss to get the financing documents signed by the Mayor and City Clerk. I understand the trustee had a few"patriot act"type internal documents to sign, which I am happy to look at. All of the City documents (listed below) are authorized to be signed by the October 8 resolution. The Mayor and City Clerk are the only signatories, except by statute the Treasurer signs the back of the Bond, which we have his signature on file from the other financings with the City so he doesn't have to physically sign it. Here are the City documents, which are near final: m 4 Supplemental Indenture Bond Purchase agreement Closing Certificate of the Issuer Tax Certificate, which is endorsed by the Hospital and the Hospital is responsible for monitoring and spending the money. We are reviewing and confirming the information with Gary. The 8038 will be prepared for closing and we send that out separately, and we sign that as the tax prepayer. We can accommodate however you would like on that (ie send directly to Diane or to you for signature);just let me know. Let me know if there is a time you would like to review the documents or if you have questions. From: Duane R Pitcher<DPitcher@city.ames.ia.us> Sent:Tuesday, October 29, 2019 11:39 AM To: Kuhn, Cristina <Kuhn.Cristina@dorsey.com> Cc:veronica.salazar@wellsfareo.com; Roger Wisecup<rwisecuPPcity.ames.ia.us>; Mark Lambert< mlambert@city.ames.ia.us>; Gary Botine <botine@mgmc.com> Subject: MGMC Revenue Bonds Cristina, We have received a request from Wells Fargo to provide some documents related to the MGMC Revenue bonds that will be closing in early November. We had a call with Wells Fargo this AM, and we were able to work out most issues, however we would like some advice on what exactly is needed from the City to get the bond closing done. It may be easiest to setup a call with the City. Please let me know some times that will work for you. Mark Lambert - do you want to be included on the call? Thanks, Duane Duane Pitcher, CPA, CPFO Director of Finance City of Ames