Pages
S073109
[seal of South Dakota]
Dr Save
STATE OF SOUTH DAKOTA EXECUTIVE OFFICE
WILLIAM J JANKLOW GOVERNOR
MEMORANDUM EXHIBIT A
TO: William J. Janklow, Governor FROM: Clyde E. Saukerson, Legal Counsel RE: Sale/leaseback project list DATE: November 17,1986
The following list of projects are included in the bond indenture for the sale/leaseback: 1. University of South Dakota Mass Communications Project $250,000 2. Black Hills State College Physical Education Building $5,000,000 3. South Dakota School of Mines and Technology Classroom Building $3,400,000 4. University of South Dakota Dakota Dome parking lot $450,000 5. Northern State College Barnett Building parking lot $350,000 6. Educational television replacement of Aberdeen transmitter $156,250 7. Educational television, public radio transmitters at Faith and Lowry $65,800 8. Remodeling of State Capitol Front Street project $275,000 9. Construction of lagoon at Youth Forestry Camp $300,000 10. State Cultural Heritage Center in Pierre $2,000,000 11. W.H. Over Museum at the University of South Dakota $600,000 12. Capital improvements at Custer State Park $300,000 13. Repairs of state owned dams $450,000 14. Expansion of State Hangar $125,000 15. Tuckpointing at South Dakota State Penitentiary $100,000
STATE CAPITOL BU'LDING. PIERRE. SOUTH DAKOTA 57501 • (605)773-3212
S073110
William J. Janklow Page 2 November 17, 1986
16. Plans for Horticulture facility at South Dakota State University $100,000
17. Relocate Bureau of Administration Maintenance Facilities $250,000
18. Restoration of House and Senate Chamber $327,950
Projects 1, 2, and 3 have been authorized by the State Legislature.
S073120
PRELIMINARY OFFICIAL STATEMENT DATED DECEMBER 2, 1966 NEW ISSUE In the opinion of Special Counsel, the interest component of the Installment Purchase Payments to be paid bu the Authority under the installment Purchase Agreement and to be distributed to the Certificaresholders by the Trusteesm us by by Trustees, is not includable in pross income of the Certificateholders for Federal tax purposes. See "Tax Exemption"
$191,260,000*[symbol of +] CERTIFICATES OF PARTICIPATION, 1986 Series A and 1986 Series B (South Dakota Building Authority Project) Evidencing Proportionate interests of the Holders Thereof in Installment Purchace Payments to be made to Norwest Bank MimmEAPOLIS n. a. BY THE SOUTH DAKOTA BUILDING AUTHORITY (State of South Dakota, Lessee) Dated December 1 1966 Due December 1, as shown below
The Certificates are assuable only as fully registered Cerificate without coupons, and when issued, will be registered in the name of Cede & Co. as Certificateholder and nominee for The Deposity Trust Company, New York, New York, DTC will act as securities depository for the Certificates Individual purchases of the Certificates will be made in book-entry form, in the denomination of $5,000 or any integral multiple thereof. Purchases will not receive certificates representing their interest in the Certificates purchased.
Principal and semiannual interest (payable June and December 1 of each year, commencing December 1, 1987) on the Certificates will be paid by Northwest Bank Minneapolis N. A. Minneapolis, Missesota, as Trustee and Paying Agent to DTC, which will in turn remit such principal and interest to the Beneficial Owners of the Certificates through DTC's Participants, as described herein.
1996 630.000 1997 630 000 1998 630.000 1999 625,000 2000 620 000 2001 615 000 >ecember 1. 2006 @ °* )ecember 1, 2016 @ % The Certificates are offered m book-entry form. when, as and if delivered by the Trustee, subject to approval as to their validity and taxexempt status by Dorsey & Whitney Minneapolis. Minnesota. Special Counsel Certain legal matters will be passed upon for the Underwriters by Ballard Spahr Andrews & ingersoii. Washington. DC it is expected that the Certificates will be available for delivery m New York. New York on or about December 1986 Goldman, Sachs & Co. Dated Dougherty, Dawkins, Strand & Yost Incorporated •Preliminary sub|©ct to change ^Combined 'or both series
S073121
STATE OF SOUTH DAKOTA
Admitted 1889
William J. Janklow, Governor
Mark Meierhenry, Attorney General
Alice Kundert, Secretary of State
Vern Larson, State Auditor
David Volk, State Treasurer
SOUTH DAKOTA BUILDING AUTHORITY 116 North Euclid Pierre, South Dakota 57501
Steven T. Kirby, Chairman
Phyllis Rink, Vice Chairman
John Schaeffer, Secretary
Virgil Hauff
William Earley
Doug Estes
D. Wayne Meyer
Duane D. Butt, C.P.A., Executive Secretary
Authority Counsel
Gunderson, Farrar, Aldrich & DeMersseman Rapid City, South Dakota
SOUTH DAKOTA BUILDING FINANCE CORPORATION
305 North Kimball Mitchell, South Dakota 57301
Tom Muilenburg, President
Art Russo, Vice President
Dede Prostollo, Vice President
Donna Wieczorek, Secretary
Suzanne Culhane, Treasurer
Corporation Counsel
Tinan, Smith & Taylor Mitchell, South Dakota
Special Counsel
Dorsey & Whitney, Minneapolis, Minnesota