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<br />e <br /> <br />It <br /> <br />We have read in detail the Official Notice of Sale and the Official Statement relating to the Certificates, and we have made <br />such investigations as we deem necessary relating to the City and the investment quality of the Certificates. <br /> <br />Respectfully submitted, <br /> <br />Syndicate: <br /> <br />'W4hiJlU R. HOUGH & CO. <br /> <br />By: <br />Phone: <br /> <br />~~~ <br />C 7.2 /) HS: - rf-~ 2.0 <br /> <br />ACCEPTANCE CLAUSE <br /> <br />TIle foregoing bid is hereby in all things accepted by the City of La Porte, Texas this the <br /> <br />day of March, 2000. <br /> <br />Secretary <br /> <br />~1J14'l,m~L <br /> <br />Mayor <br /> <br />ATTEST: <br /> <br />ACCUMULA TED BOND YEARS <br /> <br />$3,000,000 <br />City of La Porte, Texas <br />Certificates of Obligation, Series 2000 <br /> <br />Dated March 15,2000 <br /> <br />Maturity: March 15 <br /> <br />Year of <br />Maturitv <br />2001 <br />2002 <br />2003 <br />2004 <br />2005 <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br />2016 <br />2017 <br />2018 <br />2019 <br />2020 <br /> <br />Amount <br />of Certificate <br />$150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br />150,000 <br /> <br />Accumulated <br />Bond Years <br />150.0000 <br />450.0000 <br />900.0000 <br />1,500.0000 <br />2,250.0000 <br />3,150.0000 <br />4,200.0000 <br />5,400.0000 <br />6,750.0000 <br />8,250.0000 <br />9,900.0000 <br />11,700.0000 <br />13,650.0000 <br />15,750.0000 <br />18,000.0000 <br />20,400.0000 <br />22,950.0000 <br />25,650.0000 <br />28,500.0000 <br />31,500.0000 <br /> <br />Average Maturity......... 10.500 Years <br />