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HomeMy WebLinkAboutA001 - proof of publication, September 28, 1968 Proof of Publication in The AMES DAILY TRIBUNE STATE OF IOWA,STORY COUNTY,ss. LEGAL NOTICE LEGAL NOTICE ORDINANCE NO. 2265 I,_,aZ0 S&XMWd XjK W. T. Farley on oath An ordinance providing for of Section kaA42-of the Code of depose and say that I am MCforeman the issuance of General Obli- Iowa, there are hereby author- gation Sewer 'Bonds in the ized to be issued Thirty.seven of the AMES DAILY TRIBUNE, a daily sum of $1,85,000 for the pur- (37) negotiable General Obliga- newspaper, printed at Ames, Story County, pose of defraying the cost of tion Sewer Bonds of said City, constructing sewer improve- numbered consecutively from Iowa; that the annexed printed _____________ ments in said City, and provid- One 11) to Thirty-seven (37), ing for the levy of taxes to both inclusive, in the denomin- pay the same. ation.of $5,000 each, said bonds -------------- --- 226�______________-- WHEREAS, the City of Ames, to be dated the First day of in Story County, State of Iowa, May, 1968, of which issue ------ ---------------- --------------------- is a municipal corporation, un- bonds numbered One (1) to j der the Council-Manager form Two (2), both inclusive, shall was published in said newspaper for 1__---- of government, duly incorporat- bear interest from and after the ed,organized and existing under date thereof until paid at the 1 consecutive weeks, the first ________________ and by virtue of the laws and rate of Three Per Cent (3%) I Constitution of the State of per annum, and tihe last of said publication was on the ds ed Three charter norllprovisions, and ot under any ehas Fivecial n(5), both rincl sive,(shall -----2_O_It-b__ day of --- not adopted the Commission bear interest from and after the form of government or the date thereof until paid at the 19_6$_. �-- Mayor-Council form of govern- rate of Four and one-half Per went; and Cent (4!,%) per annum, �_ �- --- WHEREAS, said City, pur- bc7ids :lumbered Six (6) to suant to and in strict compliance Twenty-seven (27), both inclu- Sworn to before me and subscribe m my with all laws applicable to said live, shall bear interest from presence by 1*5 'VinjCJ �, W. Farley City, has lawfully ordered and and after the date thereof until contracted for constructing sew- paid at the rate of Three and this ---- day of ____Q� Oh�S-- er' improvements in said City, three-fourths Per Cent (3.75%) in the manner authorized by per annum, Chapter 391 of the Code of bonds numbered Twenty-eight 1 --- Iowa, the cost thereof to be (,28) to Thirty-seven (37), both otary public paid to the amount of $185,000 inclusive, shall bear Interest 13k In and for Story County. Fees, $_ t 2$___-• at the general expense or saia from ana arter the date thereof City, and it is now necessary until,paid at the rate of Three (Form of Bond) to make definite provision rela- and eighty/hundredths Per Cent five to UNITED STATES OF AMERIC�A payment for said con- (3.80%) per annum, said inter- State of Iowa County of Story alruction, such provision having est payable on the First day of CITY OF AMES GENERAL, OBLIGATION not yet been made; and November, 1968, and semi-an- WHEREAS, notice of hearing nually thereafter on the First SEWER BOND on the initiation of proceedings day of May and November in No y $5,000 fhr the issuance of said bonds each The City of Ames, in the State and after such registration no year, such interest to be of Iowa, for value received pro- transfer hereof, except upon has heretofore been given in evidenced by negotiable cou- manner and form as required mises to pay to Bearer, or if such books and similarly noted by Section 23.12 of the Code of both print paaand inteeseach bond; this bond be registered as to hereon, shall be valid unless 3owa, and no petition nor pay- principal to the registered hold- the last registration shall have pro- able in lawful money of the er hereof, Five Thousand Dol- been to )bearer. Registration test has been filed; now there- United States of America, at fore Lars in lawful money of the hereof shall not affect the ne- the office of the City Treasurer, Ames, State o United States of America, on gotiability of the coupons here- IT IS ORDAINED by the City in the City the the First Day of November, to attached, which shall continue Council of the City of Ames, Iowa. Said bonds shall become Iowa, as follows: 19—, with interest on said sum negotiable by delivery merely. clue and payable in their num- from the date hereof until paid And It 'Is Hereby Certified Section 1. That in pursuance erical order, as follows: at the rate of Per and Recited: That all acts, comp Fonds Nos. 1 and 2 Cent (---%) per annum, ditions and things required byt- $10,000 on November 1,i1969 payable on the First day of the laws and Constitution of thej- Bonds Nos. 3 to 5, incl. $15,000 on November 1, 1970 November, 1968, and semian- State of Iowa, to exist, to be1- Bonds Nos. 6 to 8, incl. $15,000 on November 11, 1,971 nually thereafter on the First had, to be done and to be n Bonds Nos. 9 to 111, incl, per' 515,000 on November 1, 1972 clay of May and November in formed precedent to and in th¢d Bonds Nos. 12 to 15, incl. $20,000 on November 1, 1973 each year, upon presentation issue of this bond, were andy Bonds Nos. 16 to 19, inel. 1$20,000 on November 1, 1974 and surrender of the interest have been properly existent Bondi.Nos. 20 to 23t inel. $20,000 on November 1, 1975 coupons hereto attached as they had, done and performed in re-d Bonds Nos. 24 to 27, incl. $20,000 on November L, 1976 severally become due; both gular and due form and time w Bonds Nos. 28 to 32, incl. $25,000 on Novemben 1, 1977 principal and interest payable required by law; that provisior.Bonds Nos. 33 to 137, Incl. $25,000 on November 11, 1978 at the office of the City Treasur- has been made for the levy ote er, in the City of Ames, State of a sufficient continuing annuatl Section 2. That each of said er and the principal of any bond Iowa. tax on all the taxable property- bonds be subject to registration so transferred and registered to This bond is issued by the within said City for the paymena_ as to principal in the name of bearer shall thereupon be and City of Ames, pursuant to and of the principal and interest, the holder on the books of the become payable to bearer in like in strict compliance with the hereof at maturity; and that thes City Treasurer, such registration manner as if such bond had provisions of Chapters 23, 76 total indebtedness of said City,, being noted upon each bond so, never been registered. Registra- and Section 396.22 of the Code including this bond, does nott registered and after such regis- tion of any bonds as to princi- of Iowa, and in conformity with exceed the Constitutional or„ tration payment of the principal pal shall not restrain the ne- an ordinance of the Council of Statutory limitations. thereof shall be made only to gotiability of the coupons there- said City, duly passed, approved IN TESTIMONY WHEREOF, the registered holder. Any bond to attached by delivery merely. and published, for the purpose said City, by its Council, has e0 resistered, upon the request Section 3. The General Obli- of defraying the cost of con- caused this bond to be signed In writing of such holder per- gation Sewer Bonds hereby strutting sewer improvements by its Mayor and attested by sonally or by attorney-in-fact, authorized shall be in form sub- in said City. the City Clerk, with the seal of may be transferred either to a stantially as follows: designated transferee or to h..r- This bond is subject to regis- said City affixes, as of the First tration as to principal in the day of May, 196,8. name of the holder on the books Stuart N. Smith, lar but not in limitation of the aecuun n. rms ordinance Of the City Treasurer of said Mayor of the City of Ames toregoing, the amounts levied shall be irrepealable until all City, such registration to be Attest: during the respective years for the aforesaid bonds, both prin- evidenced by notation of said Louise Whitcome, such purpose shall be as fol- ciPal and interest, are fully paid Treasurer on the back hereof, Clerk of the City of Ames lows: and discharged. A direct annual tax upon all Section 9. All ordinances and the taxable property within said resolutions or parts thereof in (Form of Coupon) City for each of the Ten (10) conflict herewith, be and the AMES, IOWA consecutive years. 1968 to 1977, same are hereby repealed. No. $ both inclusive, (beginning with Section 10. A certified copy On 1, 19—, the Treasurer of the City of Ames, the levies of the year 1968 for of this ordinance shall be filed Iowa, will pay to Bearer + --- Dollars, at the office of collection during the year 1969 with the County Auditor of said the City Treasurer, Ames, Iowa for semi-annual interest then and ending with the levies of County of Story, and said Audi- due on its General Obligation Sewer Bond, dated May 1, 1968, the year 1977 for collection dur- for shall be and he is hereby No. ng the year 1978) sufficient to instructed in and for each of — produce the following net an- the years 1968 to 1977, inclusive, Clerk of the City of Ames dual sums for the respective to enter for collection and as- (On the back of each bond shall be endorsed the certi- years for interest and principal sess the tax hereby authorized. Cate of the City Treasurer, in the following form:) is the same mature and to When annually entering said STATE OF IOWA ) :reate sinking funds for that taxes for collection the County COUNTY OF STORY ) SS: CITY TREASURER'S urpose as follows: Auditor shall include the same CITY OF AMES ) CERTIFICATE For the year 1968 for collet- as a part of the tax levy for This bond duly and properly registered in my office as of tion during the year 1969, suf- debt service fund purposes of the First day of May, 1968. ficient to produce the net said City, and when collected, annual sum of $20,500 the proceeds of the said taxes Treasurer of the City of Ames For the year 1969 for collet- shall be converted into the debt (Form for Registration of Ownership) tion during the year 1970, suf- service fund of said City, and ficient to produce the net an- set aside therein as a special DATE OF NAME OF SIGNATURE OF nual sum of $21,700 account and sinking fund to be REGISTRATION REGISTERED OWNER CITY TREASURER For the year 1970 for collec- used solely and only for the pay- tion during the year 1971, suf- ment of the Principal and inter- - — ficient to produce the net an- Est of the bonds hereby author- nual sum of$21,025 ized and for no other purpose For the year 1971 for collec- whatsoever. Section 4. The bonds hereby For the tion duringthe year 19721, suf- year 1975 for collec- y Section 11. This, ordinance authorized shall each be signed tion during the year 1976, suf- ficient to produce the net an- shall take effect and be in force by the Mayor and attested by ficient to nual sum of $20,463 trom and after its passage and produce the net an- P g the City Clerk, with the seal of nual sum of $22,650 For the year 1972 for collec- publication, as by statute pro- tile City affixed, and the inter- For the year 1976 for collec- tion during the year 1973, suf- vided. est coupons thereto attached tion duringthe ficient to produce the net an- Passed this 24th day of Year 1977, suf- Y Sep- shall each be executed with the ficient to produce the net an- nual sum of $24,900 tember, 1968. signatures of the City Clerk or nual sum of$26,900 For the year 1973 for collec- Stuart N. Smith, tacsimile thereof, and said For the year 1977 for collec- tion during the year 1974, suf- Mayor Clerk, by the execution of said tion during the year 1978, suf- ficient to produce the net an- Attest: bonds, shall adopt as and for ficient to produce the net an- nual sum of $24,150 Louise Whitcome, her own proper signature her nual sum of$25,950 For the year 1974 for collec- . City Clerk facimile signature on said cou- Section 6. The City Clerk tion during the year 1975, suf- Published in The Ames Daily pons, and when so executed, shall annually in due time, man- ficient to produce the net an- Tribune, September 28, 1968. said bonds shall be delivered to ner and season, certify to the nual sum of $23,400 the City Treasurer and shall be County Auditor the taxes herein toy him registered and delivered Provided for in addition to lev- to LaSalle National Bank of ies authorized for other pur- Chicago, Illinois, the purchaser poses and without condition as thereof, and the sale of said to various amounts as herein bonds to said purchaser is here- provided being included in the by ratified and confirmed. annual certification of taxes, .Section 5. That as required the County Auditor shall an- by Section 76.2 of the Code of nually enter said respective Iowa, and in order to provide amounts for collection and the for the assessment and collec- moneys arising from such tax tion of an annual levy upon all levies shall be used for the pay- the taxable property in said ment of said bonds and the in- City, in addition to the levy terest thereon and for no other authorized for other purposes, purpose whatever. sufficient to pay the interest on Section 7. The interest fal- said bonds as it falls due, and ling due during the year 1968 also to pay and discharge the and the interest or principal principal as the same mature, and both of them falling due in there shall be and there is here- any subsequent year or years, by authorized and levied upon shall, if necessary, be paid all the taxable property within promptly from current funds on said City, a direct annual tax hand in advance of taxes levied, for each of the years while said and when said taxes shall have bends or any of them are out- been collected, reimbursement standing in amounts sufficient shall be made to such current for that Purpose and in particu- funds in the sum thus advanced.