HomeMy WebLinkAbout~Master - Issuance of G.O. Bonds not to exceed $170,000 515 Clark Avenue,P. O.Box 811
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August 12, 2009
Dorsey&Whitney LLP
801 Grand, Suite 3900
Des Moines, Iowa 50309
Attention Robert E. Josten
RE: Ames, Iowa
$170,000 General Obligation Corporate Purpose Bonds, Series 2009A
Your File No. 419370-38
Dear Mr. Josten:
Enclosed please find an Organization Certificate and a fully executed transcript of the proceedings
of our August 11, 2009, meeting wherein the Council set August 25, 2009, as the date of hearing
for issuance of the above-captioned Bonds.
I have sent the Notice of Hearing to the Ames Tribune,requesting same be published on August
14, 2009. A copy of the Proof of Publication will be faxed as soon as I receive it.
If you have any questions, please call. Thank you for your assistance.
Sincerely,
Diane R. Voss
City Clerk
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Enclosures
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Ames/419370-38/1 '/z GO LA
MINUTES TO SET DATE FOR HEARING
Please Return To: ON ISSUING GENERAL OBLIGATION
DORSEY & WHITNEY BONDS
ATTORNEYS AT LAW
801 Grand, Suite 3900 419370-38
Des Moines, Iowa 50309
Ames, Iowa
August 11, 2009
The City Council of the City of Ames, Iowa, met on August 11, 2009, at seven o'clock
p .m., at the City Hall , in the City. The Mayor presided and the roll was called
showing the following members of the City Council present and absent:
Present: Doll, Goodman, Larson, Mahayni , Porn, Ric-,-
Absent: None
Council Member Mahntmi introduced the resolution hereinafter
next set out and moved its adoption, seconded by Council Member Doll ;
and after due consideration thereof by the City Council, the Mayor put the question upon the
adoption of the resolution and the roll being called, the following named Council Members
voted:
Ayes: Doll, Goodman, Larson, Mahayni, Popken, Rice
Nays: None
Whereupon, the Mayor declared the resolution duly adopted as hereinafter set out.
. . . . .
At the conclusion of the meeting, and upon motion and vote, the City Council adjourned.
Mayor
Attest:
City Clerk
DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
r
Ames/419370-38/1"1/2 GO LA
RESOLUTION NO. 09-363
Resolution to fix a date for a public hearing on issuing General Obligation Bonds
in a principal amount not to exceed$170,000
WHEREAS, the City of Ames (the "City"), in Story County, State of Iowa, proposes to
issue General Obligation Bonds in a principal amount not to exceed $170,000 (the "Bonds")
pursuant to the provisions of Chapter 384 of the Code of Iowa for the general corporate purpose
of paying the cost, to that extent, of constructing improvements to the municipal electric system
and municipal sanitary sewer system, and the City desires to institute proceedings to issue the
Bonds for such general corporate purpose by causing a notice of such proposal to be published,
including notice of the right to petition for an election, under the provisions of Section 384.26 of
the Code of Iowa;
NOW, THEREFORE, Be It Resolved by the City Council of the City of Ames, Iowa, as
follows:
Section 1. The City Council shall meet on the 25ffi day of August, 2009, at the
Cry Hal , Ames, Iowa, at qpven o'clock __p .m., at which time and place a
hearing will be held and proceedings will be instituted and action taken to authorize the issuance
of the Bonds.
Section 2. The City Clerk is hereby directed to give notice of the proposed hearing,
setting forth the amount and purpose thereof, the time when and place where the meeting will be
held, by publication at least once not less than 10 and not more than 20 days before the meeting,
in a legal newspaper which has a general circulation in the City. The notice shall be in
substantially the following form:
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-38/1"V.GO LA
NOTICE OF PROPOSED ACTION TO INSTITUTE PROCEEDINGS TO
ISSUE GENERAL OBLIGATION BONDS IN A PRINCIPAL AMOUNT NOT
TO EXCEED $170,000
(MUNICIPAL IMPROVEMENTS)
The City Council of the City of Ames, Iowa, will meet on the 25th day of August, 2009,
at the City Hall , Ames, Iowa, at seven o'clock _.m., for the purpose of
instituting proceedings and taking action to issue General Obligation Bonds (the "Bonds") in a
principal amount not to exceed $170,000 for the purpose of paying the cost, to that extent, of
constructing improvements to the municipal electric system and municipal sanitary sewer
system.
The Bonds are proposed to be issued pursuant to authority contained 1n Chapter 384 of
the Code of Iowa and will constitute a general obligation of the City.
The maximum rate of interest which may be payable on the Bonds is 7%per annum.
At any time before the date fixed for taking action to issue the Bonds, a petition may be
filed with the City Clerk of the City asking that the question of issuing the Bonds be submitted to
the registered voters of the City, pursuant to the provisions of Section 384.26 of the Code of
Iowa.
By order of the City Council of the City of Ames, Iowa.
Diane R. Voss
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-38/1'1/s GO LA
Section 3. All resolutions or parts of resolutions in conflict herewith are hereby
repealed to the extent of such conflict.
Passed and approved August 11, 2009.
lqq-L- "�Y- �"2 za���'t'tj
Mayor
Attest:
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-38/151%GO LA
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned, City Clerk of the City of Ames, do hereby certify that attached hereto
is a true and correct copy of the proceedings of the City Council relating to fixing a date for a
hearing on the City Council's proposal to take action in connection with the issuance of General
Obligation Bonds as referred to therein.
WITNESS MY HAND this day of AA CCU 5 i , 2009.
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MINES,IOWA
Ames/419370-38/1"%GO LA
STATE OF IOWA
COUNTY OF STORY SS:
CITY OF AMES
I, the undersigned City Clerk, do hereby certify that the City of Ames is organized and
operating under the provisions of Title IX of the Code of Iowa and not under any special charter
and that the City is operating under the Mayor-Council form of government and that there is not
pending or threatened any question or litigation whatsoever touching the incorporation of the
City, the inclusion of any territory within its limits or the incumbency in office of any of the
officials hereinafter named.
And I do further certify that the following named parties are officials of the City as
indicated:
Ann H. Campbell , Mayor
Steven L. Schainker , City Manager
Diane R. Voss , City Clerk
RogerWi secup , City Treasurer
Duane Pitcher , Finance Director
Riad Mahayni , Council Member/Mayor Pro-Tem
Ryan Doll , Council Member
Matthew Goodman , Council Member
Jami Larson , Council Member
Jim Popken , Council Member
Dan Rice , Council Member
WITNESS MY HAND this 11thday of Ai ipi iqt 2009.
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA