HomeMy WebLinkAboutFloating StageOFFICIAL BID FORM
City of Jeffersonville, Indiana
Capital Development Tourism Fund Revenue Bond,
Series 2003
(Floating Stage Project)
AugUst 22 , 2003
Ms. Peggy Wilder
Clerk-Treasurer
City of Jeffersonville
City County Building, 4th Floor
501 East Court Avenue
Jeffersonville, Indiana 47130
3rd Bid- (Re-Bid)
Dear Ms. Wilder:
We have exam/ned the Notice of Bond Sale relating to the above-captioned Bond. By
our submission of this bid we evidence our agreement to the terms and conditions of the sale of
the Bond as provided in such Notice and in the ordinance of the City of Jeffersonville, Indiana
· · ; ' d Orrlinance").
(the "Citf') pursuant to which the Bond w~ll be ~ssued (the 'Bon
We hereby offer to purchase the Bond provided that it is made to bear interest at the rate
of 5.25?° percent( 5.25 %) per annum.
In the event this bid is accepted and the Bond is awarded to us, we agree to pay a
purchase price for the Bond equal to the principal mount thereof ($325,000.00). We further
agree to pay such purchase price and accept delivery of the Bond, together with and
conditioned upon receipt of the certificates of the City and the opinion of Bond Counsel
described in the Bond Ordinance, upon at least two (2) days prior notice.
We have also examined the Bond Ordinance and the form of the Pledge Agreement
referred to therein. We understand that the Bond will not 'be a general obligation or
indebtedness of the City or a charge against its general credit or taxing power but will be
secured solely by and payable solely from the amounts pledged to such payment under the
Pledge Agreement.
We understand that, as a condition to the delivery of the Bond, the purchaser of the
Bond must execute and deliver to the City and the Clark-Floyd Counties Convention and
Tourism Bureau (the "Tourism Bureau") at the time of initial issuance of the .Bond a
certification that the purchaser (i) has such knowledge and experience in financial matters that
it is capable of evaluating the merits and risks of its investment in the Bond and is not
purchasing the Bond for more than one account or with a view to distributing the Bond or
offering the Bond (or any participation or interest therein) for sale to any other person, (ii)
acknowledges that no official statement or other comprehansive disclosure document has been
prepared and dis~ibuted with respect to the Bond, as the offering of the Bond is intended to be
a limited placement exempt from Rule 15c2-12 of the U.S. Securities and Exchange
Commission, (iii) has requested and obtained from the City and the Tourism Bureau all such
information as the purchaser has deemed material to its decision to purchase the Bond, and (iv)
understands that no application has been made for the assignment of a CUSIP identification
number to the Bond nor has application been made to any credit rating agency for the
assignment of a credit rating for the Bond.
Respectfully submitted,
oriz[d Signature Kevin J. Cecil, '~EO
Cormmnity Bank of Southern Indiana
Name of Bidder or Representative
of Bidding Syndicate
101 W. Spring Street~ New Albany, IN 47150
Address
(812) 981-7347
Telephone N~mber
35-0309800
Wax Identification Number
(BIN or SSN)
ACCEPTED by the City, pursuant to award by the Clerk-Treasurer, this ~),~ day of
July, 20O3.
CITY OF JBFFERSONM[LLB, INDIANA
Clerk-Tre~*ag¢~ '
2