HomeMy WebLinkAbout~Master - Preliminary Official Statement for G.O. Bonds, Series 2009B ' e
Clerk'sCity
515 Clark Avenue,P. O.Box 811
Caring People Ames,1A 50010
Quality Prog.
Ew,tion,W Service Phone: 515-239-5105
Fax: 515-239-5142
September 9, 2009
Dorsey& Whitney LLP
801 Grand, Suite 3900
Des Moines, Iowa 50309
Attention Robert E. Josten
RE: Ames, Iowa
General Obligation Corporate Purpose Bonds, Series 2009A
Your File No. 4193 70-3 8
Dear Mr. Josten:
Enclosed please find a fully executed transcript of the proceedings of our September 8, 2009,
meeting wherein the Council adopted Resolution No. 09-422 approving the Official Statement for
the above-captioned Bonds.
If you have any questions, please call. Thank you for your assistance.
Sincerely,
Diane R. Voss
City Clerk
/dry
Enclosure
Ames/419370-38/Approve OS
Please Retum To: APPROVE OFFICIAL STATEMENT FOR
DORSEY & WHITNEY BONDS
ATTORNEYS AT LAW
801 Grand, Suite 3900 419370-38
Des Moines, Iowa 50309
(N/I) - GENERAL OBLIGATION
Ames, Iowa
September 8, 2009
The City Council of the City of Ames, Iowa, met on September 8, 2009, at seven
o'clock_pm., at the Council Chambers , Ames, Iowa. The Mayor presided and the roll was
called showing the following members of the City Council present and absent:
Present: _ Doll, Goodman, Larson, Mahayni, Popken, Rice
Absent: NnnP
Council Member Goodman introduced the resolution hereinafter
next set out and moved its adoption, seconded by Council Member Larson ;
and after due consideration thereof by the City Council, the Mayor put the question upon the
adoption of the said resolution and the roll being called, the following named Council Members
voted:
Ayes: nnll Gaarlman, Iarson, Maha3yni ,—pn�nkPn, Rime
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
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DORSEY WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-38/Approve OS
RESOLUTION NO. 09-422
Resolution to approve the Official Statement for General Obligation Corporate
Purpose Bonds, Series 2009B
WHEREAS, pursuant to notices of the proposed action of the City Council of the City of
Ames, Iowa (the "City") to institute proceedings for the issuance and sale of $11,165,000
General Obligation Corporate Purpose Bonds (the "Bonds") for the purpose of paying the cost,
to that extent, of construction of improvements to streets, storm sewers, sanitary sewers,
municipal waterworks system and municipal electric system, heretofore given in strict
compliance with the provisions of Chapter 384 of the Code of Iowa and hearings held thereon,
the City is authorized to issue the Bonds; and
WHEREAS, the Council has been requested to approve an Official Statement for the
Bonds;
NOW, THEREFORE, Be It Resolved by the City Council of the City of Ames, Iowa, as
follows:
Section 1. The City Finance Director is authorized to take such action as shall be
deemed necessary and appropriate with the assistance of Public Financial Management ("PFM")
as Financial Consultants to prepare an official statement of information and solicitation for bids
describing the Bonds and providing for the terms and conditions of their sale (the "Official
Statement"). All action heretofore taken in this regard is hereby ratified and approved.
Section 2. The use by PFM of a preliminary Official Statement relating to the Bonds
in substantially the form as has been presented to and considered by the City Council is hereby
approved, and PFM is hereby authorized to prepare and use a final Official Statement for the
Bonds substantially in the form of the preliminary Official Statement but with such changes
therein as are required to conform the same to the terms of the Bonds and the resolution, when
adopted, providing for the sale and issuance of the Bonds, and the City Finance Director and City
Clerk are hereby authorized and directed to execute a final Official Statement for the Bonds, if
requested. The preliminary Official Statement as of its date is deemed final by the City within
the meaning of Rule 15(c)(2)-12 of the Securities and Exchange Commission.
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES, IO WA
Ames/419370-38/Approve OS
Section 3. All resolutions or parts of resolutions in conflict herewith are hereby
repealed to the extent of such conflict.
Passed and approved September 8, 2009.
C
Mayor
Attest:
City Clerk
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DORSL{Y k,WHITNEY I,LP,ATTORNEYS,DES MOINES,IOWA
Ames/419370-38/Approve OS
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 approving the Official
Statement for the General Obligation Corporate Purpose Bonds referred to therein.
WITNESS MY HAND this fJ day of SC,:rA f� r , 2009.
City Clerk
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DORSEY&WHITNEY LLP,ATTORNEYS,DES MOINES,IOWA