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HomeMy WebLinkAboutA010 - Letter from Dorsey Whitney dated May 3, 2023 - May 9 proceedings 0ORSEY " always ahead May 3,2023 VIA EMAIL Renee Hall City Clerk/City Hall Ames, Iowa Re: $4,000,000 SRF Water Revenue Loan and Disbursement Agreement Our File No. 419370-70 Dear Renee: We have prepared and attach proceedings related to the public hearing and additional action on the Water Revenue Loan Agreements(the"Agreements") at the May 9,2023 City Council meeting. The proce ings attached include the following items: 77 Minutes of the meeting covering the public hearing on the Additional Loan Agreement, followed by the resolution combining the Loan Agreements into a single loan agreement (the "Loan Agreement")and taking additional action in connection with the Loan Agreement. This resolution simply sets forth the City Council's determination to enter into the Loan Agreement in the future and its adoption constitutes the "additional action"required by the Iowa Code. Attestation Certificate with respect to the validity of the transcript. On May 9, the City Council should meet as scheduled and hold the hearing on its intention to enter into the Additional Agreement. The minutes as drafted assume that no objections will be filed or made. Please return one fully executed copy of these proceedings to our office as soon as possible. Please call Erin Regan, Lauren Baker or me if you have questions. Best regards, John P. Danos Attachments cc: Steven Schainker Roger Wisecup Corey Goodenow Kara Nady Susanne Gerlach Tracy Scebold Tony Toigo Lee Wagner 8oiGrand Avenue I Suke 41001 Des Moines,IA 150309-800z I T 5i5.z83.io0o 1 F 5i5.z83.io6o l dorsey.com