100.105. Municipality to file annual report on bond issuances with department, content.
Municipality to file annual report on bond issuances withdepartment, content.
100.105. No later than January thirty-first of each year, themunicipality shall file a report with the department of economicdevelopment on the previous year's revenue bond issuances and generalobligation bond issuances, which report shall contain only the followinginformation:
(1) The name, address, spokesperson, and telephone number of theissuing entity;
(2) The name, address, age, and type of business of the beneficiaryfirm;
(3) The amount, term, interest rate or rates, and date of issuance ofthe bonds issued;
(4) The name and address of the underwriter, if any, of such bonds;
(5) The name and address of the guarantor, if any;
(6) The size, by assets and previous year's sales, and the currentnumber of employees, of the beneficiary firm;
(7) A copy of the preliminary official statement used when offeringthe bonds for sale;
(8) The estimated number of new jobs to be generated by the proposedproject;
(9) A list of the use of bond proceeds, including whether the purposeof the project and the funds generated by the issuance of such bonds is toopen a new business, build a branch plant, expand an existing facility, oracquire an existing business together with a general description of thereal property or personal property purchased by or on behalf of themunicipality with such proceeds; and
(10) The estimated total cost of the project.
(L. 1983 S.B. 316, A.L. 2003 H.B. 289)