HomeMy WebLinkAboutA035 - Bonds 1-12 dated September 9, 2021 UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
No. 1 $2,005,000
RATE MATURITY DATE DATE CUSIP
5.00% June I,2022 September 9,2021 030807 2U4
The City of Ames(the"City"),in Story County,State of lowa,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 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 refereed
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 finm the
most recent interest payment date on which interest has been paid,on June I and December 1 of each year,commencing June 1,2022,except as the provisions
hereinafter set forth With respect to redemption prior to maturity may be or become 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 shown on such registration books. 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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021A(the"Bonds") issued by the City in the
principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021(the"Loan Agreement"),entered into by
the City for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers, installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding tht,outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authoririnn and
approving the Loan Agreement and providing for the issuance and souring the payment of the Bonds(the"Resolution"),and trtarertce is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to the source of payment of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular-part of those Bonds to be redeemed shall be selected by the Registrar
by lot. The Bonds may he called in part in one or more units of$5,000. if lei than the entire principal amount of any Bernd in a damn ijut6on of more than$5,000
is to be redeemed, the Registrar will issue and deliver to the registered owner thereof, upon surrender of such original Bond,a new Bond or Bonds,in any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are rtot available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same manner as the original redemption notice was sent= All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shall have been rivet and for the redemiption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be folly registered as to both principal and interest in the tune of the owner on the books of the City in the office
of the Registrar,after which no transfer shall be valid unless made on said honks and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of transfer satisfactory to the Registrar or the assignment form heron eompleted and duly executed by the registetett 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 Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 properly existent,bad,done and performed in regular and due form
and tirne,that provision has been made for the levy of sufficient continuing annual tax on all the taxable property within Ure City for the payment of the principal
of and interest on this Bored as the same will respectively become due;and that the total indebtedness of the City, including this Bond,does not exceed 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 9,2021.
CITY OF AMES,IOWA
By
Au i
City Ckrk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar rr
ity'1` r:
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 (M 4140
under Uniform Transfers to Mirrors Act
(State)
Additional abbreviations may also be used though not in the list above.
ASSIGNMENT
For valuable consideration,receipt of which is hereby acknowledged,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,
UNITED STATES OF AMERiCA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
$1,755,000
No.2
RATE MATURITY DATE DATE CUSIP
5.00% June I,2023 September 9,2021 030807 2V2
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 sun of
ONE MILLION SEVEN HUNDRED FIFTY-FIVE THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bond at the office of tile City Treasurer,Ames,Iowa, (bereinafter rerciTcd
to as the"Registrar"or the"Paying Agent"),with interest on said sun,until paid,at the rate per imman Specified,abovc,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June 1 and December I of each year,commencing June 1,2022.except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become applicable hereto. Interest an this Boni(is payr{ble to the registered owner
appearing on the iegistration 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 shown ton such registration books. 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.
This Bond is Otte of a seises of General Obligation Corporate Purpose and Refunding Bonds, Series202JA(the"Bonds")issued by the City in Ate
Ivan agreement,dated as of September 4,202t (the"lean Agrectrremt"),ontrold inter by
principal amount of$19,640,000,to evidence its obligation tinder a certain
the City for the purpose of paying the Bost,to that extent,of constructing improvements to streets and sanitary sewers,installation of tr ffie enttvl drvie ,
converting a parking tot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to STW in strict compliance with the provisions of Chaptcrs 76 and 384 of the Code of Iowa,2021,and all outer laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of die City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution`),and reference is hereby made to the
Resolution and the Loan Agreement for a am complete statement as to the source ofpaymcnt of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
If less than all of the Bands orally like maturity are to be redeemed,the particular part of those Bands to be redeetriod shall be selected by the Registrar
by lot. The Bonds may be called in pair in one or mom units of$5,000. If less than the entire principal amount of any Bond in a deromi ration of more than$5,000
is to be redeemed,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Bond.a new Bond or Bonds, in any
authorized denomination,in a total aggregate principal amount equal to the unredecarcd balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof}to be redeemed shalt be sent by electronic means or mailed by certified mail to the registered Owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption maycedecontain a n statement that
the redemption is conditioned upon the receipt by the Paying Agent of finds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds set called for redemption,and that if funds are notavailable,such redemption shall be cancelled by written notice to the owner$of the Bonds called for
redemption in the same manner as tlx original redemption notice was sent. All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be:fully registered as to both principal and interest inthe name of the owner on the books ofthe City in the office
of the Registrar,after which no transfer shall be valid'ur l made on said books and then only upon presentation or this Bond to the Registrar,together with either
a written instrument of transfer satisfretoty to the Registrar or the assignment farm hereon comrpleted 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 Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 properly existent,had,done and performcd in regular and due form
and time,that provision has been made for the levy of a sufficient continuing amoral tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the same will respectively become due;and tlrat the total indebtedness of the City, including this Bond,does not exceed 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 9,2021,
CITY OF AAMME/S,IOW7A'
By
Mayor
Rc c.
City Clerk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By
Cl y Tr44rcr
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 acknowledged,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 die 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 tame of the
registered owner as it appeals on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF AMERiCA
STATE OF IOWA STORY COUNTY
CiTY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
S 1,840,000
No.3
RATE MATURITY DATE DATE CUS1P
5.008/0 June I,2024 September 9,2021 030807 2WO
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
ONE MiLLION EIGHT HUNDRED FORTY 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 1,2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become 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 shown on such registration books. 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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021 A(the"Bonds")issued by lire City in the
principal amount of$19,640,000,.to evidence its obligation under a certain loan agreement,dated as of September 9,2021 (the"Loan Agreement"),entered into by
the City for the put-pose of paying the cost,to that extent,Of constructing improvements to streets and sanitary sewers, installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chaptets 36 and 384 of the Crxle Of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing cite payment of the Bonds(the"Resolution"),and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to the source of payment of the Bands and the rights of the owners of the Bonds,
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Ban&to be redeemed shall be selected by the Registrar
by lot. The Bonds may be called in part in one or more units of S5,000. If less than the entire principal amount of any Bond in a denomination of more than$5,000
is to be redeemed, the Registrar will issue art#deliver to the registered owner thereof,upon suntmdov of such original Bond, a new Bond or Bonds, in any
authorized denomination,in a total aggregate principal amount equal to the erred mid balance of the original Bond. -Notice Of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
available,such redemption shall be cancelled by written notice to the Owners of the Bonds called for
Bonds so called fete redemption,and that if funds are not
l of such Bonds as t0 which the City r
redemption in the same manner as the original redemption notice was sett. At
�ery and atercises the right of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered 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 transfer shall be valid unless made on said books and then only upon presentation of this Bond to the Registrar,together with either
the duly
a written instrument of transfer saasfaetoty to the Registrar or the assignment form.hereon completed and duly exceutod by the registered owner or
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 Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 properly existent,had,done and performed In regular and due form
and time,that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the some will respectively become due}and that the total indebtedness of the City, including this Bond,does not exceed 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 9.2021,
CITY OF AMES,IOWA
By—
Mayor
city cicrk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By_Acily
rer
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 acknowledged,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.
UNITED STATES OF AMERICA
STATE OF iOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
b 1,935,000
No.4
RATE MATURITY DATE DATE CUSiP
5.00/o
o June I,2025 September 9,2021 030807 2X8
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
ONE MILLION NiNE HUNDRED THIRTY-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 armor 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 1,2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become 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 he paid
to the registered owner at the address shown on such registration books, 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.
ill
This Bond is one of a series of General Obligation Corporate Purpose and Refundsng as of September to nbes 2021 A(the"Loan Agree ne dby the City
into tby
ile
principal amount of$19,640,000,to evidence its obligation under a certain loan Agreement, P
the City for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers,installation of traffic Series
devices,
S
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Puose Bonds,Series 2013.
rp
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in confotunity with a resolution of the City Council adopted and Approved
udo"),sand referugust ence s hereby authorizing
o the
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution")
Resolution and the Loan Agreement fete a more complete statement as to the source of payment of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay pail or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terns of par and accrued interest.
If less than all of the Bands of any like maturity are to be tedee reed,the particular part of those Bonds to be redeemed shall be selected by the Registrar
by lot, The Bonds may be called in part in one or more units of$5,000. if less than the entire principal amount of any Bond in a denomination of mare than$5,000
is to be redeemed,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Band,f new Bond ti Bonds,in any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original erti i. Notice of such regredistered
owners
as her tat
identifying the Bond or Bonds(or portion theteal)to be redeemed shall be sent by electronic means or mailed by certified mail to the registers owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for tedearption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same manner as the original redemption notice was sent. All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shaU have been given and for the redemption of which fiords are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiabte but shall be fully registered 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 trausf9r shall be valid urdess trade on said books and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of transfer 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 be affected by any notice to the contrary.
And It is Hereby Certified and Recited that all acts,mid itions and things required by the laws and Constitution of the State of Iowa,to exist,to be had,
to be done or to be performed precedent to and in the issue of thi Bond were and have been Properly existent,had,done and performed in regular and due form
and time;that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property wrth nc udinn the rtythis the for payment
ydoes not of exceed any
of and interest on this Bond as the same will respectively become due; and that the total indebtedness of the City, g
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 or its City Cleric,all as of September 9,2021.
CITY OF AMES,IOWA
By._
Maya
n- t.
Cry Ck k
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By
City Tr 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 tight 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 acknowledged,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.
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
$1,385,000
No.5
RATE MATURITY DATE DATE CUSIP
5.00%, June l,2026 September 9,2021 030807 2Y6
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
ONE MILLION THREE HUNDRED EIGHTY-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 amtum specified above,from the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June 1 and December I of each year,commencing June 1,202,2,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become applicable hereto. Interest on this Bond is payable to the registered owner
appearing on the registration books ofthe 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 shown on such registration books. 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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021A(the"Bonds")issued by the City in the
principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021(the"Loan Agreement"),entered into by
the City for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers,installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution ofthe City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(tire"Resolution'I and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to the source of payment of the Bonds and the rights of theowners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Bonds to be redeemed shall be selected by the Registrar
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 Bond in a denomination of more than$5,000
is to be redeemed, the Registrar will issue and deliver to the registered owner thereof, upon surrender of such original Bond, a new Bond or Bonds, in any
authorized denomination,in it total aggregate principal amount equal to the unredeemed balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redee ned shall be sent by electronic means or mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same man=as the original redemption notice was sent. All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid Shall have been given mid for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered 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 transfer shall be valid unless trade on said books and then only upon presentation of this Bond to the Registrar,together with either
a written instrument of transfer 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 be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 properly existent,had,done and performed in regular and due form
and time;that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the same will respectively become due;and that the total indebtedness of the City, including this Bond,does not exceed 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 9,2021.
CITY OF AM ES,10 W A
By_
Mayor ,..d....'..._,..—�._`.
At
City Clerk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
City rer
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 acknowledged,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.
UNITE
D STATES OF AMERiCA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
No.6 $1 A50,000
RATE MATURITY DATE DATE CUSIP
5.00% June I,2027 September 9,2021 030807 2Z3
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
ONE MILLION FOUR HUNDRED FIFTY THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender of this Bernd at the office of the City Treasurer,Ames,Iowa, otereinatter 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 Brand,Or from the
most recent interest payment date on which interest has been paid,on June I and December 1 of each year,commencing June 1,2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become 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 die fifteenth day of the month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books. Interest shall be calculatcxl on the oasis of a 360-day year comprised of twelve 3tl-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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021 A(the"Bonds")issued by the City in the
principal amount of SI9,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021(the"Loan Agreement"),entered into by
the City for the purpose of paying the cost,to that"tent,of constructing improvements to streets and sanitary sewers,installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other taws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution"),and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to tIm source of payment of the Brands and the rights of the owners of the Bonds:
The City reserves the right to prepay pail or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date themaAer upon terms of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Bonds to be redeemed shall be selected by the Registrar
by lot. The Bonds may be called in pail in one or more units of$5,900, if lass than the entire principal amount of any Bond in denomination of more than$5,000
is to be redeemed,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Band, a new Bond or Bonds,in Any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic ratans or mailed by certified mail to the registered owners themorat
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the mccipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bands called for
redemption in the saute manner as the original redemption notice was sent, All of such Bonds as to which the City reserves and exercises the right Of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered 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 transfer shall be valid unless made on said books and then only upon presentation of this Bond to the Registrar,together with tither
a written instrument of inensfer satisfactory to the Registrar or°the assignment fort heroin 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 Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of lowa,to exist,to be had,
to be done or to be performed precedent to and in the Hare of this Bond were and have been properly existent,had,done and performed in regular and due form
and time;that provision has been made for the levy of a sufficient continuing annual tax on ail the taxable property within the City for the payment of the principal
of and interest on this Bond as the some will respectively become due; and that the total indebtedness of the City, including this Bond,does not exceed 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 duty authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 9,2021.
CITY OF AMES,IOWA
A
City C1,,*
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution,
CITY TREASURER
Atnes,Iowa
Registrar
By
r
ty i' rer
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 acknowledged,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 signatues to be guaranteed by certain eligible guarantor institutions that
participate in a recognized signature guarantee program.)
NOTICE: The signature to this Assignment must cot-respond with the name of the
registered owner as it appears on this Bond in every particular,without alteration or
enlargement or any change whatever.
UNITED STATES OF AM ERICA
STATE OF iOWA STORY COUNTY
CiTY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
No.7 S 1,525,000
RATE MATURITY DATE DATE CUSIP
5.00% June 1,2028 September 9,2021 030807 3A7
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
ONE MILLION FIVE HUNDRED TWENTY-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 1.2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become 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 shown on such registration books. lntcmt shall be calculated on the basis of a 340-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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021A(the"Bonds")issued by the City in the
principal amount of$19,640,000,to evidence its obligation under a carom loan agreement,dated as of September 9,2021 (the"Loan Agreement"),entered into by
the Cky for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers,installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution"),and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to the source of payment of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay pan or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon tears of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular pan of those Bonds to be redeemed shall be selected by the Registrar
by tot, The Bonds may be called in part in one or more units of$5,000. if less than the entire principal amount of any Bond in a denomination of more than$5,000
is to be redeemed,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Bond,a new Bond or Bonds, in any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original Bond, Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owocm of the Bonds called for
redemption in the same manner as the original redemption notice was sent. All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
dale.
This Bond is fully negotiable but shall be-fully registered 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 transfer shall be valid unless trade on said books and then only upon presentation of this Bond to the Registrar,together with either
a written insitument of transfer 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 ptncipal 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 Hereby Certified Mal Recited that all acts,conditions oral things required by the laws and Constitution of the State of Iowa,to exist,to be had,
to be done or to be performed precedent to and in the issue of this Bernd were and have been properly existent,had,done and performed in regular and due form
and time,that provision has been trade for the levy of a sufcient continuing annual tax on all the taxable property within the City for the payment•of the principal
of and interest on this Bond as the same will respectively became due, and that the total indebtedness of the City,including this Bond,does not exceed 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 duty authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Clerk,all as of September 9,2021.
CITY OF AMES,IOWA
BY_
Msgor __..�_...a..
City Clerk
Registration Dale: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
surer
By,
I T
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 acknowledged,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.
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CiTY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
$1,b00,000
No.8
RATE MATURITY DATE DATE CUSIP
5.00% June 1,2029 September 9.2021 030807 3135
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
ONE MILLION SIX HUNDRED THOUSAND DOLLARS
in lawful money of the United States of America upon presentation and surrender ofthis Bond at the office ofthe City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrat"or the"Paying Agent'j,with interest on said sum,until paid,at the rate per annum specified above,from the date of this Bond,or from the
een paid,on June I and December 1 of each year,commencing June 1,202 except as the a Provisions
most rent interest payment date on which interest has b owner
hereinafter set forth with respect to redemption prior to maturity may be or become applicable hereto. Interest di this Bond is payable b a t
payment date,and shall be paid
appearing on the registration books Of the City at the close o€business on the fifteenth day of the month next preceding the interest
to the registered owner at the address shown on such registration books, Interest shall be calculated on the basis of a 360 flay year comprised of twelve 30-clay
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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bands,Series 2021 A(the"Bonds")issued by the City in the
Principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021(the"Loran Agreement"),entered into by
the City for the purpose of paying the cow,to that extent,of constructing i�rrovements to streets and sanitary sewers,installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds art issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Pesofution b and refcretice is hereby made to the
Resolution and the loan Agreement for a more complete statement a$to the source of payment of the Bonds and the rights of the owners Of the Bonds,
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terns of par and accrued interest,
if less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Bonds to be redeemed shall be selected by the Registrar
by lot. The Bonds may be called in pact in one or more units of$5,000.. If less than the entire principal amount of any Bond in a denomination of more than S5,000
is to be redeemed,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Bond,a new Bond or Bonds,in any
authorized dcnommation,in a total aggregate principal amount equal to the unredeemed balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or Mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date, Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in rite same manner as the original redemption notice was seat, ,All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered as to bath principal and interest in the name of the Owner on the books of the City in the office
of the Registrar,after which no transfer 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 transfer satisfactory to the Registrar or the_assignmentfort 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 Ilet'elr}r Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 properly existent,had,done and perfortred in regular and due farm
and time;that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the same will respectively become due;and that the total indebtedness of the City,including this Bond,does not exceed 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 9,2021.
CITY OF AMES,IOWA
By— 4_
$.#Ayer Z AM 1_
City Clak
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By.'W_
ity 0 surer
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 cornmon 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 acknowledged,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
requite 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.
UNITED STATES OF Ab1ERICA
STATE OF IOWA STORY COUNTY
CiTY Of ANTES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
$1,685,000
No.9
RATE MATURITY DATE DATE CUSIP
3.00°t°
June 1,2030 September 9,2021 030807 3C3
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 R Co.
New York,NY
or registered assigns,the principal sum of
ONE MILLION SIX HUNDRED EIGHTY-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 I,2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become applicable hereto. Interest on this Bond is payable to the registered owner
appealing 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 shown on such registration books, 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 put-pose until the Certificate of Authentication hereon shall have been signed by the Registrar.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021 A(the"Bonds") issued by the City in the
principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021 (the"Loan Agreement"),entered into by
the City for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers, installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution"),and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to the source of payrnent of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
if less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Bonds to be redeemed shall be selected by the Register
by lot, The Bonds may be called in part in one or more units of$5,000. If less than the entire principal amount of any Bond in a denomination of more than$5,000
is to be redeemed, the Registrar will issue and deliver to the registered owner thereof, upon surrender of such original Bond,a new Bond or Bonds, in any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic means or mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same manner as the original redemption notice was sent. All of such Bonds as to which the City reserves and exerteises the light of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered 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 transfer 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 transfer 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 be affected by any notice to the contrary.
And it Is Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 property existent,had,done and perfumed in regular and due form
and time;that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property within the City for the payment of the principal
of and interest on this Bond as the same will respectively become due; and that the total indebtedness of the City, including this Bond,does not exceed 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 Cleric,all as ol'September 9.2021.
CITY OF AMES,IOWA
liy w
J IN
4a_d,
City Clak
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By
pity rea
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)
1T 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 acknowledged,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 signanue 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.
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
S 1,730,000
No.10
RATE MATURITY DATE DATE CUSIP
1.375%
June 1,2031 September 9,2021 030807 3D1
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
ONE MILLION SEVEN HUNDRED THIRTY 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,frorn the date of this Bond,or from the
most recent interest payment date on which interest has been paid,on June 1 and December I of each year,commenting June 1,2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity rnsy be or become 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 an the fifteenth day of the month next preceding the interest payment date,and shall be paid
to the registered owner at the address shown on such registration books. 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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds, Series 2021 A(the"Bonds")issued by the 1 City in the
principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021 (the"Loan Agreement"), 'nto y
the City for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers,installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August reference s021,authorizi madeng and the
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution"),
Resolution and the Loan Agreement for a more complete statement as to the source of payment of the Bonds and the rights of die owners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terns of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemod,the particular part of those Bonds to he redeemed shall he selected by the Registrar
by lot. The Bonds may be called in part in one or more units of S5,000. if less than the entire principal amount of any Bond in a denomination of more than$5,000
is to be redeemed,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Bond,a new Bond or Bonds,in any
authorized denomination,in a total aggregate principal amount equal to the unredeetued balance of the original Brand. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be seat by electronic means or mailed by cortifird trail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds on or Wore the date fixed for redemption sufficient to lay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same manner as the original redemption notice was sent. All of such Bonds as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered 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 transfer 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 transfer satisfactory to the Registrar or the assignment form hereon completed and duly executed by the registered owner or tine 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 Hereby Certifies!and Recited that all acts,conditions and things required by the laws and Constitution of file State of Iowa,to exist,to be
eforrn
to be done or to be performed)precedent to and in the issue of this Bond were and have been properly existent,hard,done and performed in regulart,
and time;that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property within the City for the payment of die principal
of and interest on this Bond as the same will respectively Become due;and that the total indebtedness of the City, including this Bond,does not exceed any
constitutional or statutory limitations.
IN rESTIMONY WHEREOF,the City of Arnes, 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 9.2021
CITY OF AMES,IOWA
By—
Mayor
C--
City Clerk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By �x
i urGr
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 acknowledged,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.
UNITED STATES OF AMERICA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
No. 11 S 1,760,000
RATE MATURITY DATE DATE CUSIP
1.50% June 1,2032 September 9,2021 030807 3E9
The City of Ames(tile"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 SEVEN HUNDRED SIXTY 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 Bernd,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 1,2022,except as the provisions
hereinafter set forth with aspect to redemption prior to maturity may be or become applicable hereto. Interest on this Bond is payable to dre 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 shown on such registration books. Interest shall be calculated on the basis of a 360-day year comprised of twelve 30-dap
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.
This Bond is one of a series of General Obligation Corporate Purpose and Refunding Bonds,Series 2021A(the"Bonds")issued by the City in the
principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021 (the"Loan Agreement"),entered into by
the City for the purpose of paying the cost,to that extent,of constructing improvements to streets and sanitary sewers, installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other laws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving the Loan Agreement and providing for the issuance and securing the payment of the Bonds(the"Resolution"),and reference is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to die source of payment of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Bonds to be rodiccrned shall be selected by the Registrar
by lot. The Bonds may be called in part in one or more units of$5,000, If less than the entire principal amount of any Bond in a denomination of more than$3,000
is to be redccmcd,the Registrar will issue and deliver to the registered owner thereof,upon surrender of such original Bend,a new Bond or Bonds,in any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original Brand Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sett by electronic means or mailed by certified mail to the registered owners thcrevfat
the addresses shown on the City's registration looks not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of funds can or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if fonds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same manner as the original redemption notice was sent. All of such Borxls as to which the City reserves and exercises the right of redemption
and as to which notice as aforesaid shall have been given and for the redemption of which funds arm duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be fully registered 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 transfer shall be valid unless made on said books and thee)only upon presentation of ibis Bored to the Registrar,together with either
a written instrument of transfer 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 be affected by any notice to the contrary.
And It Is Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of 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 properly existent,had,done and performed in regular and due form
and time;that provision has been made for the levy of a sufficient continuing annual tax on all the taxable property.within the City for the payment of die principal
of and interest on this Bond as the some will respectively become due,and that the total indebtedness of the City, including this Bond,does not exceed 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 9,2021.
CITY OF AMES,IOWA
By
Mayor
a :
City Clerk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
By 9W . )h
it I'r sutcr
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 herel+y acknowledged,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
tcquiie 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.
UNITED STATES OF AMERiCA
STATE OF IOWA STORY COUNTY
CITY OF AMES
GENERAL OBLIGATION CORPORATE PURPOSE AND REFUNDING BOND,SERIES 2021A
S970,000
No. 12
RATE MATURITY DATE DATE CUSIP
1.50% June 1,2033 September 9,2021 030,807 31`5
The City of Ames(the"City"),in Story County,State of Iowa,for value received,promises to pay on the maturity dale of illis Bond to
Cede&Co.
New York,NY
or registered assigns,the principal sum of
NINE HUNDRED SEVENTY THOUSAND DOLLARS
in lawful money of the United Status of America upon presentation and Surrender of this Bond at the office of the City Treasurer,Ames,Iowa, (hereinafter referred
to as the"Registrar"of the"Paying Agent'"),with interest on said sum,until paid,at the rate per amrum 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 1,2022,except as the provisions
hereinafter set forth with respect to redemption prior to maturity may be or become 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 shown on such registration looks. interest shall be calculated on the basis of a 360•day year comprised of twelve 3"y
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.
This Bond is one of a series of General Obligation C.orporatc Purpose and Refunding Bonds,Series 2021 A(the"Borufs )issued by the City in the;
principal amount of$19,640,000,to evidence its obligation under a certain loan agreement,dated as of September 9,2021 (the"Loan Agreement"),entered into by
the City for the purpose of paying the cost,to that extent,of constructing,improvements to streets and sanitary sewers, installation of traffic control devices,
converting a parking lot into a downtown plaza and refunding the outstanding balance of the City's General Obligation Corporate Purpose Bonds,Series 2013.
The Bonds are issued pursuant to and in strict compliance with the provisions of Chapters 76 and 384 of the Code of Iowa,2021,and all other taws
amendatory thereof and supplemental thereto,and in conformity with a resolution of the City Council adopted and approved on August 10,2021,authorizing and
approving fire Loan Agreement and providing for the issruancc and securing the payment of the Bonds(the-Resolution"),and rcfererrcc is hereby made to the
Resolution and the Loan Agreement for a more complete statement as to the source of payment of the Bonds and the rights of the owners of the Bonds.
The City reserves the right to prepay part or all of the Bonds maturing in each of the years 2030 to 2033,inclusive,prior to and in any order of maturity
on June 1,2029,or on any date thereafter upon terms of par and accrued interest.
If less than all of the Bonds of any like maturity are to be redeemed,the particular part of those Bonds to be redeemed shall be selected by the Registrar
by lot The Bonds maybe called in part in one,or more units of$5,000, If less than the errtireprincipal amount of any Bond in a denomination of more than$5 000
is to be redeemed, the Registrar will issue and deliver to the registered owner thereof,upon swTcnder of such original Bond,a new Bond or Bands,in any
authorized denomination,in a total aggregate principal amount equal to the unredeemed balance of the original Bond. Notice of such redemption as aforesaid
identifying the Bond or Bonds(or portion thereof)to be redeemed shall be sent by electronic mWnS.or mailed by certified mail to the registered owners thereof at
the addresses shown on the City's registration books not less than 30 days prior to such redemption date. Any notice of redemption may contain a statement that
the redemption is conditioned upon the receipt by the Paying Agent of fonds on or before the date fixed for redemption sufficient to pay the redemption price of the
Bonds so called for redemption,and that if funds are not available,such redemption shall be cancelled by written notice to the owners of the Bonds called for
redemption in the same manner as the original redemption notice was scrTL All of such Bonds as to which tite City reserves and exercises the right of redemption
and as to which notice as aforesaid,Shall have been given and for the redemption of which funds are duly provided,shall cease to bear interest on the redemption
date.
This Bond is fully negotiable but shall be ftrliy registered as to both principal and interest in die name of the owner on the books of the City in the office
of the Registrar,after which no transfer shall be valid unigss made on said books and there only upon presentation of this Bond to the Registrar,together with either
a written instrument of transfer satisfactory to the Registrar or the assignment form hereon completed and duly executexl by the registered owner or the duty
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 Hereby Certified and Recited that all acts,conditions and things required by the laws and Constitution of the State of lows,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 properly existent,.had,done and perfarrrted in regular and due form
and time;that provision has been matte for the levy of a sufficient continuing annual tax on all the taxable property within the City for tine payment of the principal
of and interest on this Bond as the same will respectively become due and that the total indebtedness of the City,including this Bond,does not exceed 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 duty authorized facsimile
signature of its Mayor and attested with the duly authorized facsimile signature of its City Cleric,all as of September 9,2021.
CITY OF AMES,IOWA
By_
Aft i
City Clerk
Registration Date: September 9,2021
REGISTRAR'S CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds described in the within-mentioned Resolution.
CITY TREASURER
Ames,Iowa
Registrar
4
By -
C : r 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 acknowledged,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 invvocably 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
enlatgement or any change whatever.