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RES 2008-1045 - Omaha-Douglas public building commission bonds series 2008 of coAHA, d 1 } ` 0 Law Department " ifs� Omaha/Douglas Civic Center •n®.&tc1 �� n�aiJULE [ �' a 1819 Farnam Street,Suite 804 o �. "� Omaha,Nebraska 68183-0804 i0' �-�� (402)444-5115 • 4TFD FEBR)r (( 77 y C L- y•,, Telefax(402)444-5125 i City of Omaha 1;,VIAk ti * lw;, '. `. Paul D.Kratz Mike Fahey,Mayor City Attorney Honorable President and Members of the City Council, The attached Resolution approves the actions of the Omaha-Douglas Public Building Commission in offering for sale its $8,150,000 Omaha-Douglas Public Building Commission Bonds, Series 2008, the amount of said,bonds, the rates of interest to be born by said bonds, the maturity schedule of said bonds, the redemption provisions of said bonds, the Official Statement of said bonds and the distribution thereof, the Supplemental. Bond Resolution providing for issuance of said bonds, the issuance by the Commission of said bonds bearing the rate of interest specified, and said bonds being the 2008 Bonds described in the Tenth Supplemental Agreement. The Resolution approves the sale• of the bonds contemplated by the Tenth Supplemental Agreement among the City of Omaha, the County of Douglas and the Omaha-Douglas Building Commission which was approved by the Council on July 8, 2008. These bonds will be amortized solely by the Commission's own tax levy. Your favorable consideration of this Resolution will be appreciated. Sincerely, Referred to City Council for Consideration, • c- k 17)og Bernard J. in den Bosch ate Mayor's 0 fice/Title Date Assistant City Attorney Approved as to Funding: '11)%log Carol Ebdon Date Finance Director P:\LAW-CITY COUNCIL DOCUMENTS\2008\10083dae.doc City Clerk Approved Mayor 1 $65.00 1303 Courier fees* $ .00 1304 "Wire Fee $50.00 1305 Signing Fee $25.00 1307 Mobile Notary Fee* $100.00 1400 TOTAL SETTLEMENT CHARGES $100.00 $5,337.50 * Line items noted by an asterisk may or may not be applicable to your loan. This Good Faith Estimate is NOT a Loan Commitment. Z5.-.-t> Y a O'Neil n�f Date Bryan Mae er Date Printod M Financial Freedom Senior Frvudyog Corpoation'a Reverse Mortgage Analyzer_ Copyright 6 1999-2006 3111/08 53H 1111111111111111 �p1�I Page 1 of 1 tItI1 1 111 • F 9 0 0 2 3NA1 t exceed the sum previously dispersed from the grant. Section 8. This Agreement shall run with the land. Section 9. This Agreement is not assignable without prior written consent of the CITY. Section 10. This OWNER certifies,to the best of its knowledge and belief,that: 2 Revised 2/23/06 i I s at least 25 percent of the work and is contractually entitled to compensation proportionate to its work. Rev. 5/7/08 travel"includes any travel outside Canada, Mexico,the United States, and any United States territories and possessions. However,the term"foreign travel"for a non-profit organization located in a foreign country means travel outside that country. 52. Trustees.Travel and subsistence costs of trustees (or directors)are allowable.The costs are subject to restrictions regarding lodging,subsistence and air travel costs provided in paragraph 51. • ATTACHMENT C Circular No. A-122 NON-PROFIT ORGANIZATIONS NOT SUBJECT TO THIS CIRCULAR • Advance Technology Institute(ATI), Charleston, South Carolina • Aerospace Corporation, El Segundo, California • American Institutes of Research(AIR),Washington D.C. • Argonne National Laboratory, Chicago, Illinois • Atomic Casualty Commission,Washington, D.C. • Battelle Memorial Institute, Headquartered in Columbus, Ohio • Brookhaven National Laboratory, Upton, New York • Charles Stark Draper Laboratory, Incorporated, Cambridge, Massachusetts • CNA Corporation(CNAC),Alexandria,Virginia • Environmental Institute of Michigan,Ann Arbor, Michigan • Georgia Institute of Technology/Georgia Tech Applied Research Corporation/Georgia Tech Research Institute, Atlanta, Georgia • Hanford Environmental Health Foundation, Richland,Washington http://www.whitehouse.gov/omb/circulars/a122/a122 2004.html 7/19/2006 7/19/2006 pyright. (21 The oaf ent or coovriaht has been adiudicated to be invalid. or has been administratively determined to be http://www.whitehouse.gov/omb/circulars/a122/a 1 22_2004.html 7/19/2006 s and equipment or appreciably prolong their intended life shall be treated as capital expenditures (see paragraph 15). 28. Materials and supplies costs. a. Costs incurred for materials. suoolies. and fabricated Darts necessary to carry out a Federal award are • http://www.whitehouse.gov/omb/circulars/a122/a122_2004.html 7/19/2006 of space,excluding common areas, such as hallways, stairwells, and restrooms. (c)Depreciation or use allowances on buildings,capital improvements and equipment related space (e.g.,individual rooms, and laboratories)used jointly by more than one function (as determined by the L— •—t..--L:—: {I....--J..—:a —1 ..L—II L— http://www.whitehouse.gov/omb/circulars/a122/a122_2004.html 7/19/2006 s/a110/al10.html 6/23/2006 in good faith made every reasonable effort in the City additional prospective agreements with of Omaha's judgment, to meet such goals. If any C-25A CITY OF OMAHA LEGISLATIVE CHAMBER Omaha,Nebraska RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: WHEREAS, the Omaha-Douglas Public Building Commission, at private sale on July 16, 2008, sold its $8,150,000 Omaha-Douglas Public Building Commission Bonds, Series 2008 (City of Omaha and The County of Douglas, Nebraska, tenants), and more particularly described in the Official Statement of the said Commission pertaining to the bonds, copies of which Official Statement have been presented to the City Council and are on file with the City Clerk; and, WHEREAS, the bonds issued pursuant to the Supplemental Resolution adopted by the Board of Commissioners of said Commission on July 10, 2008,.which supplemental resolution has been presented to the City Council and is on file with the City Clerk are to be in the above amount and mature and bear interest from August 6, 2008, as follows: Maturity Schedule Interest Interest Due Amount Rate Price Due Amount Rate Price May 1,2009 320,000 1.80% 100.000% May 1,2017 560,000 4.25% 104.448% May 1,2010 440,000 2.25 99.913 May 1,2018 585,000 4.25 103.876 May 1,2011 450,000 2.65 99.945 May 1,2019 610,000 3.75 98.603 May 1,2012 460,000 4.00 103.613 May 1,2020 630,000 4.25 101.349 May 1,2013 480,000 4.00 103.798 May 1,2021 660,000 4.375 101.541 May 1,2014 495,000 4.00 103.839 May 1,2022 690,000 4.50 102.050 May 1,2015 515,000 4.00 103.642 May 1,2023 720,000 4.50 101.571 May 1,2016 535,000 4.25 104.832 WHEREAS, the Commission has sold said bonds with the above prices to Ameritas Investment Corp. at an aggregate purchase price of Eight Million Two Hundred Twenty Nine Thousand One Hundred Forty Two Dollars and Sixty Five Cents ($8,229,142.65), which includes net original issue discount of $9,152.00, net original issue premium of $190,169.65 and underwriter's discount of$101,875.00 (1.250%); and, By Councilmember Adopted City Clerk Approved Mayor 1 TTLEMENT CHARGES $100.00 $5,337.50 * Line items noted by an asterisk may or may not be applicable to your loan. This Good Faith Estimate is NOT a Loan Commitment. Z5.-.-t> Y a O'Neil n�f Date Bryan Mae er Date Printod M Financial Freedom Senior Frvudyog Corpoation'a Reverse Mortgage Analyzer_ Copyright 6 1999-2006 3111/08 53H 1111111111111111 �p1�I Page 1 of 1 tItI1 1 111 • F 9 0 0 2 3NA1 t exceed the sum previously dispersed from the grant. Section 8. This Agreement shall run with the land. Section 9. This Agreement is not assignable without prior written consent of the CITY. Section 10. This OWNER certifies,to the best of its knowledge and belief,that: 2 Revised 2/23/06 i I s at least 25 percent of the work and is contractually entitled to compensation proportionate to its work. Rev. 5/7/08 travel"includes any travel outside Canada, Mexico,the United States, and any United States territories and possessions. However,the term"foreign travel"for a non-profit organization located in a foreign country means travel outside that country. 52. Trustees.Travel and subsistence costs of trustees (or directors)are allowable.The costs are subject to restrictions regarding lodging,subsistence and air travel costs provided in paragraph 51. • ATTACHMENT C Circular No. A-122 NON-PROFIT ORGANIZATIONS NOT SUBJECT TO THIS CIRCULAR • Advance Technology Institute(ATI), Charleston, South Carolina • Aerospace Corporation, El Segundo, California • American Institutes of Research(AIR),Washington D.C. • Argonne National Laboratory, Chicago, Illinois • Atomic Casualty Commission,Washington, D.C. • Battelle Memorial Institute, Headquartered in Columbus, Ohio • Brookhaven National Laboratory, Upton, New York • Charles Stark Draper Laboratory, Incorporated, Cambridge, Massachusetts • CNA Corporation(CNAC),Alexandria,Virginia • Environmental Institute of Michigan,Ann Arbor, Michigan • Georgia Institute of Technology/Georgia Tech Applied Research Corporation/Georgia Tech Research Institute, Atlanta, Georgia • Hanford Environmental Health Foundation, Richland,Washington http://www.whitehouse.gov/omb/circulars/a122/a122 2004.html 7/19/2006 7/19/2006 pyright. (21 The oaf ent or coovriaht has been adiudicated to be invalid. or has been administratively determined to be http://www.whitehouse.gov/omb/circulars/a122/a 1 22_2004.html 7/19/2006 s and equipment or appreciably prolong their intended life shall be treated as capital expenditures (see paragraph 15). 28. Materials and supplies costs. a. Costs incurred for materials. suoolies. and fabricated Darts necessary to carry out a Federal award are • http://www.whitehouse.gov/omb/circulars/a122/a122_2004.html 7/19/2006 of space,excluding common areas, such as hallways, stairwells, and restrooms. (c)Depreciation or use allowances on buildings,capital improvements and equipment related space (e.g.,individual rooms, and laboratories)used jointly by more than one function (as determined by the L— •—t..--L:—: {I....--J..—:a —1 ..L—II L— http://www.whitehouse.gov/omb/circulars/a122/a122_2004.html 7/19/2006 s/a110/al10.html 6/23/2006 in good faith made every reasonable effort in the City additional prospective agreements with of Omaha's judgment, to meet such goals. If any C-25A CITY OF OMAHA LEGISLATIVE CHAMBER Omaha,Nebraska PAGE 2 WHEREAS, said bonds are subject to redemption, in whole or in part, on or after May 1, 2018, at the principal amount thereof plus accrued interest to the date fixed for redemption without any redemption premium; and, WHEREAS, said bonds are the 2008 Bonds described in the Tenth Supplemental Agreement between the Omaha-Douglas Public Building Commission, the City of Omaha, Nebraska and the County of Douglas,Nebraska(the "Tenth Supplemental Agreement"). NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OMAHA: THAT, the following be, and they hereby are and each of them hereby is, approved: the actions of the Omaha-Douglas Public Building Commission in offering for sale its $8,150,000 Omaha-Douglas Public Building Commission Bonds, Series 2008 (City of Omaha and the County of Douglas, Nebraska,tenants), the amount of said bonds; the rates of interest to be born by said bonds; the maturity schedule of said bonds;.the redemption provision of said bonds;the method of sale of said bonds; the purchase price for said bonds; the Official Statement concerning said bonds and the distribution thereof; the Supplemental Bond Resolution providing for the issuance and sale of said bonds; the issuance by the Commission of said bonds bearing the rates of interest specified above; and said bonds being the 2008 Bonds described in the Tenth Supplemental Agreement. APPROVED AS TO FORM: (72) "7 117e-8 ASSI A T CITY ATTORNEY DAI P:\LAW-CITY COUNCIL DOCUMENTS\2008\10084dae.DOC By /0 96.144 Councilmember Adopted 4,,d .2..9..2008 4 "O � •• ' - City CI7/�%, Approvede - ` Mayor Two Hundred Twenty Nine Thousand One Hundred Forty Two Dollars and Sixty Five Cents ($8,229,142.65), which includes net original issue discount of $9,152.00, net original issue premium of $190,169.65 and underwriter's discount of$101,875.00 (1.250%); and, By Councilmember Adopted City Clerk Approved Mayor 1 TTLEMENT CHARGES $100.00 $5,337.50 * Line items noted by an asterisk may or may not be applicable to your loan. This Good Faith Estimate is NOT a Loan Commitment. Z5.-.-t> Y a O'Neil n�f Date Bryan Mae er Date Printod M Financial Freedom Senior Frvudyog Corpoation'a Reverse Mortgage Analyzer_ Copyright 6 1999-2006 3111/08 53H 1111111111111111 �p1�I Page 1 of 1 tItI1 1 111 • F 9 0 0 2 3NA1 t exceed the sum previously dispersed from the grant. Section 8. This Agreement shall run with the land. Section 9. This Agreement is not assignable without prior written consent of the CITY. Section 10. This OWNER certifies,to the best of its knowledge and belief,that: 2 Revised 2/23/06 i I s at least 25 percent of the work and is contractually entitled to compensation proportionate to its work. Rev. 5/7/08 travel"includes any travel outside Canada, Mexico,the United States, and any United States territories and possessions. However,the term"foreign travel"for a non-profit organization located in a foreign country means travel outside that country. 52. Trustees.Travel and subsistence costs of trustees (or directors)are allowable.The costs are subject to restrictions regarding lodging,subsistence and air travel costs provided in paragraph 51. • ATTACHMENT C Circular No. A-122 NON-PROFIT ORGANIZATIONS NOT SUBJECT TO THIS CIRCULAR • Advance Technology Institute(ATI), Charleston, South Carolina • Aerospace Corporation, El Segundo, California • American Institutes of Research(AIR),Washington D.C. • Argonne National Laboratory, Chicago, Illinois • Atomic Casualty Commission,Washington, D.C. • Battelle Memorial Institute, Headquartered in Columbus, Ohio • Brookhaven National Laboratory, Upton, New York • Charles Stark Draper Laboratory, Incorporated, Cambridge, Massachusetts • CNA Corporation(CNAC),Alexandria,Virginia • Environmental Institute of Michigan,Ann Arbor, Michigan • Georgia Institute of Technology/Georgia Tech Applied Research Corporation/Georgia Tech Research Institute, Atlanta, Georgia • Hanford Environmental Health Foundation, Richland,Washington http://www.whitehouse.gov/omb/circulars/a122/a122 2004.html 7/19/2006 7/19/2006 pyright. (21 The oaf ent or coovriaht has been adiudicated to be invalid. or has been administratively determined to be http://www.whitehouse.gov/omb/circulars/a122/a 1 22_2004.html 7/19/2006 s and equipment or appreciably prolong their intended life shall be treated as capital expenditures (see paragraph 15). 28. Materials and supplies costs. a. Costs incurred for materials. suoolies. and fabricated Darts necessary to carry out a Federal award are • http://www.whitehouse.gov/omb/circulars/a122/a122_2004.html 7/19/2006 of space,excluding common areas, such as hallways, stairwells, and restrooms. (c)Depreciation or use allowances on buildings,capital improvements and equipment related space (e.g.,individual rooms, and laboratories)used jointly by more than one function (as determined by the L— •—t..--L:—: {I....--J..—:a —1 ..L—II L— http://www.whitehouse.gov/omb/circulars/a122/a122_2004.html 7/19/2006 s/a110/al10.html 6/23/2006 in good faith made every reasonable effort in the City additional prospective agreements with of Omaha's judgment, to meet such goals. If any C • 'o i O i On69tiSA o Co CD o ooti ao o E, P �' B. v, a 5 0 -C 0 pz a CD vo J-n o ,, a o o n 0 0 ,_,. o C_ r' I ¢, CD IIUI o1IP �" O u tiry co 0 , 0 Bo CJ 0 O ,-• . ir:i N ,),-, \ ' o ,, 0- , o -i¢' -• apa. ovac N `ti1CD• o -- 0 00 H T 0" CD ,-r rn a 0 0 rr CD CD CD CD Cl) ? `-n C7 Cl) C) CD k< i i , including two or more unrelated individuals F OWNERSHIP III. MANAGEMENT(USE SAME FORMAT FOR ADDITIONAL MANAGEMENT PERSONNEL): NAME POSITION EDUCATION MANAGEMENT OR TECHNICAL TRAINING 6/22/90 rt 6 Household Type Definitions PLNAMR1108 Agreement - 16 -