Journal-World classified (published 10/23/2013)
SUMMARY NOTICE OF BOND SALE
CITY OF SHAWNEE, KANSAS
INTERNAL IMPROVEMENT BONDS
(GENERAL OBLIGATIONS PAYABLE FROM UNLIMITED AD VALOREM TAXES)
Bids . Subject to the Notice of Bond Sale dated October 14, 2013 (the "Notice of Sale"), bids will
be received on behalf of the Finance Director of the City of Shawnee, Kansas (the "City"), on
behalf of the Governing Body of the City at the offices of Springsted Incorporated, 380 Jackson
Street, Suite 300, Saint Paul, Minnesota 55101-2887, by delivery, via telephone 651-223-3000 or
via facsimile at 651-223-3046 or, in the case of electronic bids, via PARITY ("PARITY"), until
11:00 a.m., Central Time, on October 28, 2013, for the purchase of all of the City's $5,345,000*
principal amount of Internal Improvement Bonds, Series 2013A (the "Bonds").
All bids will be publicly opened on the date and at the time set forth above and considered by
the Governing Body at a regular meeting to be held at 7:30 p.m., or as soon thereafter as practicable, on said sale date. No oral or auction bids will be considered. Bids for the Bonds shall
not be less than 99% of the entire par amount of the Bonds ($5,291,550), plus accrued interest, if
any, on the total principal amount of the Bonds to the date of delivery.
Bond Details . The Bonds will be in book entry form only. The Bonds will be issued in the denomination of $5,000 or any integral multiple thereof, will be dated November 21, 2013 (the
"Dated Date"), will be issued in the principal amount of $5,345,000 and will become due serially
on December 1 in each of the years as follows:
Maturity Principal* Maturity Principal*
December 1 Amount December 1 Amount
2014 $500,000 2019 $530,000
2015 505,000 2020 545,000
2016 510,000 2021 555,000
2017 515,000 2022 570,000
2018 525,000 2023 590,000
*Preliminary subject to change
Bids for the Bonds may contain a maturity schedule providing for a combination of serial bonds
and term bonds. All term Bonds shall be subject to mandatory sinking fund redemption and
must conform to the maturity schedule set forth above at a price of par plus accrued interest
to the date of redemption.
The Bonds will bear interest from the Dated Date at the rates to be determined when the Bonds
are sold as hereinafter provided, payable semiannually on June 1 and December 1 in each year,
commencing June 1, 2014. The Treasurer of the State of Kansas, Topeka, Kansas, will be the
Paying Agent and Bond Registrar for the Bonds.
Delivery and Payment . The Bonds will be delivered to the successful bidder properly prepared, executed and registered without cost within approximately thirty (30) days after the
date of their sale in New York, New York.
Good-Faith Deposit . A good-faith deposit in the form of a certified or cashier's check drawn
on a bank located in the United States of America, Financial Surety Bond in a form that complies with the requirements set forth in the Notice of Sale or the wire transfer of same-day
funds in accordance with the requirements set forth in the Notice of Sale in the amount of
$106,900 must be furnished at or prior to the time of sale by each bidder.
Costs . The City will pay the cost of printing the Bonds and the expense of all legal services, including the opinion of Kutak Rock LLP, Bond Counsel, approving the legality of the Bonds and
the exclusion of the interest thereon (with specified minor exceptions) from federal and Kansas gross income taxes.
Assessed Valuation and Indebtedness . For the computation of the debt limitation relating to
the Bonds, the equalized assessed valuation of the taxable tangible property within the City for
the year 2013 is $765,626,045. The total general obligation bonded indebtedness of the City as
of the date of the Bonds, including the Bonds, is $82,625,000.
Additional Information . A complete Notice of Sale for the Bonds, Official Statement and bid
forms approved by the City will be mailed to all interested parties. Bidders may be required to
be qualified in a manner established by the City before submitting a bid. Additional information regarding the Bonds may be obtained from the Financial Advisor, Springsted Incorporated
at 651-223 3000, or Maureen Rogers, the City's Finance Director at 913-742-6263.
CITY OF SHAWNEE, KANSAS
By: /s/ Maureen Rogers
Shawnee City Hall
11110 Johnson Drive
Shawnee, Kansas 66203