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e e " OFFICIAL BID FORM CERTIFICA TES OF OBLIGATION Honorable Mayor and City Council City of La Porte 604 W. Fairmont Parkway La Porte, TX 77571 Mayor and Members of the City COWlcil: ~ "9 \ ~ 4\ 10 \ Sc(;, c U This bid is submitted under the bidding conditions of your Ollicial Notice of Sale dated March 13, 2000, of $3,000,000 City of La Porte, Texas, Certificates of Obligation, Series 2000, the terms and conditions of which Ollicial Notice of Sale are made a part hereof. For your legally issued $3,000,000 of Certificates, as described in said Official Notice of Sale, WI:: will pay you par and accrued interest, plus a cash premium of$ -0'- for Certificates maturing and bearing interest as follows: Maturity Interest Rate Maturitv Interest Rate 2001 L. J..~ % 2011 5.(~ % 2002 % 2012 ~:; . ::z..C % 2003 % 2013 :S 'SO % 2004 % 2014 ~. 7-~' % 2005 % 2015 S. L.frJ % 2006 % 2016 :5 4<:; % 2007 '\V % 2017 -s-: ~/) % 2008 5 --S:ts: % 2018 <;"". -5.5 % 2009 ~ ,-- % 2019 5:. (-0 % , .::'\ 2010 ~. ~C:! % 2020 .s; t.,< % GROSS INTEREST COST ~ Less Premiwn $ ...... e; - NET INTEREST COST .!J, "'f 4[/. '~1(, EFFECTIVE INTEREST RATE S. 5.1.(-r1l:1~ The Initial Certificate shall be registered in the name of Fi n: r ~ollrhwE'!~ t Company (syndicate manager). The definitive Certificates will be registered to Cede & Co., the nominee of The Depository Trust Company. The Wldersigned agrees to complete, execute, and deliver to the City, on the next business day after award of the Certificates, the Initial Offering Price Certificate, in the fonn enclosed as Exhibit B to the Official Notice of Sale. Attached hereto or submitted separately is a Bank Certified or Bank Cashier's Check of the Fros t National Ban~ Aus tin in the amount of $60,000 which represents our Good Faith Deposit and which is submitted in accordance with the terms as set forth in the Ollicial Notice of Sale.