Agenda - Council - 09/25/1984 - Laserfiche WebLink

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I i I i I I I i I I I ! I I I i I I I This Official Statement does not constitute an offer to sell the Bonds in any state or other jurisdiction to any person to whom it is unlaw- ful to make such offer in such state or jurisdiction. No dealer, salesman, or any person has been authorized to give any information or to make any representation other than those contained herein in con- nection with the offering of the Bonds, and if given or made, such information or representation must not be relied upon. The information"set forth herein has been furnished by the City and other sources which are believed to be reliable, but it is not guaran- teed as to accuracy or completeness by, and is not to be construed as a representation by the City or anyone acting on its behalf. The information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale of the Bonds made hereunder shall, under any circumstances, except as stated herein, create any implication that there has been no change in the affairs of the City since the date hereof. The Bonds have not been registered under the Securities Act of 1933, in reliance upon exemptions contained in the Securities Act. TABLE OF CONTENTS Roster of City Officials ........ Official Notice of Sale ................... iv Official Statement ..................... 1 Financial Summary ........... ~ ........... 2 Indebtedness ............ 2 General Obligation Long T~r~ ~e~t~ ~ ~ ~ ~ i i .~ i ' 2 General Obligation Debt - Annual Maturity S h d 1~ [ [ [ . 3 Other Commitments ..................... 3 Debt Limit ........... 3 Overlapping Debt ' ' ' · · · [ [ .... 3 Property Valuations and Taxes ................ 4 Market and Assessed Values .............. 4 Property Tax Levies and ColleCtions ............ 5 Tax Collections in City of Ramsey ............. 6 Principal Taxpayers .................... 6 Financial Information .................... 7 Financial Reports .................. . - 7 Results of Operations ................ ' - [ 7 Statement of Revenues and Expenditures for the GeneralF nud 8 1984 General Fund Budget .................. 9 Cash and Investments .................... 9 City of Ramsey ....................... - 10 Economic and Demographic Information ............. 11 Financial Consultant ..................... 15 Tax Exemption ........................ 15 Rating ............................ 15 Litigation .......................... 15 Closing Documents ..................... 16 Certification .... ? ................... 16 Legal Matters ........................ 16 Miscellaneous .................. 16 Appendix A--Financill S~a~e~e~t~ Appendix B--Form of Legal Opinion Worksheet Bid Sheets ii