0000820027-95-000414.txt : 19950829 0000820027-95-000414.hdr.sgml : 19950829 ACCESSION NUMBER: 0000820027-95-000414 CONFORMED SUBMISSION TYPE: 485B24E PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 19950828 EFFECTIVENESS DATE: 19950828 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: IDS CALIFORNIA TAX EXEMPT TRUST CENTRAL INDEX KEY: 0000792717 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 485B24E SEC ACT: 1933 Act SEC FILE NUMBER: 033-05103 FILM NUMBER: 95567475 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 485B24E 1 IDS CALIFORNIA TAX-EXEMPT TRUST PAGE 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Pre-Effective Amendment No. Post-Effective Amendment No. 20 (File No. 33-5103) X and/or REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 Amendment No. 23 (File No. 811-4646) X IDS CALIFORNIA TAX-EXEMPT TRUST IDS Tower 10, Minneapolis, Minnesota 55440-0534 (612) 330-9283 Leslie L. Ogg - 901 Marquette Avenue South Minneapolis, MN 55402-3268 Approximate Date of Proposed Public Offering: It is proposed that this filing will become effective (check appropriate box) X immediately upon filing pursuant to paragraph (b) on (date) pursuant to paragraph (b) 60 days after filing pursuant to paragraph (a)(i) on (date) pursuant to paragraph (a)(i) 75 days after filing pursuant to paragraph (a)(ii) on (date) pursuant to paragraph (a)(ii) of rule 485. If appropriate, check the following box: This post-effective amendment designates a new effective date for a previously filed post-effective amendment. PAGE 2
_________________________________________________________________ ______________ Proposed Proposed Title of Maximum Maximum Securities Amount Offering Aggregate Amount of Being Being Price per Price per Registration Registered Registered Unit(1) Price(2) Fee Shares of Beneficial Interest of $.01 par value per share Indefinite* N/A N/A N/A Shares of Beneficial Interest of $.01 par value per share 4,409,743 $5.37 $23,680,318 $100 _________________________________________________________________ ______________
*Registrant has registered an indefinite number or amount of securities under the Securities Act of 1933 pursuant to Rule 24f-2 under the Investment Company Act of 1940. The Rule 24f-2 Notice for Registrant's most recent fiscal year ended June 30, 1995 was filed on August 28, 1995. 1. Computed under Rule 457(d) on the basis of the offering price per share at the closing price per share at the close of business on August 15, 1995. 2. Registrant elects to calculate the maximum aggregate offering price pursuant to Rule 24e-2. $48,933,892 of shares was redeemed during the fiscal year ended June 30, 1995. $25,253,574 of shares was used for reductions pursuant to paragraph (c) of Rule 24f-2 during the current year. $23,680,318 of shares is the amount of redeemed shares used for reduction in this amendment. PAGE 3 SIGNATURES Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant, IDS California Tax- Exempt Trust, certifies that it meets the requirements for the effectiveness of this amendment to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Minneapolis and the State of Minnesota on the 28th day of August, 1995. IDS CALIFORNIA TAX-EXEMPT TRUST By Melinda S. Urion, Treasurer By /s/ William R. Pearce** William R. Pearce, President Pursuant to the requirements of the Securities Act of 1933, this Amendment to its Registration Statement has been signed below by the following persons in the capacities indicated on the 28th day of August, 1995. Signature Capacity /s/ William R. Pearce** President, Principal William R. Pearce Executive Officer and Trustee /s/ Leslie L. Ogg** Vice President, General Leslie L. Ogg Counsel and Secretary /s/ Lynne V. Cheney* Trustee Lynne V. Cheney /s/ William H. Dudley* Trustee William H. Dudley /s/ Robert F. Froehlke* Trustee Robert F. Froehlke /s/ David R. Hubers* Trustee David R. Hubers /s/ Heinz F. Hutter* Trustee Heinz F. Hutter /s/ Anne P. Jones* Trustee Anne P. Jones /s/ Donald M. Kendall* Trustee Donald M. Kendall PAGE 4 Signature Capacity /s/ Melvin R. Laird* Trustee Melvin R. Laird /s/ Lewis W. Lehr* Trustee Lewis W. Lehr /s/ Edson W. Spencer* Trustee Edson W. Spencer /s/ John R. Thomas* Trustee John R. Thomas /s/ Wheelock Whitney* Trustee Wheelock Whitney /s/ C. Angus Wurtele* Trustee C. Angus Wurtele *Signed pursuant to Trustees' Power of Attorney, dated November 10, 1994, filed electronically as Exhibit 18(a) to Post-Effective Amendment No. 18 to Registration Statement No. 33-5103 by: Leslie L. Ogg **Signed pursuant to Officers' Power of Attorney filed on or about June 23, 1994 as Exhibit 17(a) to Post-Effective Amendment No. 14 to Registration Statement No. 33-5103 by Leslie L. Ogg
EX-99 2 EXHIBIT INDEX EXHIBIT INDEX (B)(10) OPINION OF COUNSEL EX-99 3 OPINION OF COUNSEL PAGE 1 August 28, 1995 IDS California Tax-Exempt Trust IDS Tower 10 Minneapolis, MN 55440-0010 I have examined the Agreement and Declaration of Trust and the By- Laws of the Trust and all necessary certificates, permits, minute books, documents and records of the Trust, and the applicable statutes of the State of Massachusetts, and it is my opinion: (a) That the Trust is a business trust duly organized and existing under the laws of the State of Massachusetts with unlimited shares of beneficial interest, all of $.01 par value, that such shares may be issued as full or fractional shares and that on June 30, 1995, 46,808,194 shares were issued and outstanding; (b) That all such authorized shares are, under the laws of the State of Massachusetts, redeemable as provided in the Agreement of Declaration of Trust and upon redemption shall have the status of authorized and unissued shares; (c) That the Trust now proposes to register an additional 4,409,743 shares by post-effective amendment, pursuant to Rule 24e-2 of the Investment Company Act of 1940, and that when sold at not less than their par value and in accordance with applicable federal and state securities laws such shares will be legally issued, fully paid and non-assessable. I hereby consent that the foregoing opinion may be used in connection with the post-effective amendment to your registration statement to be filed by you pursuant to Section 24(e) of the Investment Company Act of 1940, as amended for the purpose of increasing the shares of beneficial interest, the securities specified therein, as proposed to be offered. Very truly yours, Leslie L. Ogg Attorney at Law 901 S. Marquette Ave., Suite 2810 Minneapolis, Minnesota 55402-3268 LLO/CW/rdt