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<br />. <br /> <br />e <br /> <br />OFFICIAL BID FORM <br /> <br />3~'{:)~ <br /> <br />Mayor and City Council <br />City of La Porte <br />604 W. Fairmont Parkway <br />La Porte, TX 77572 <br /> <br />Mayor and City Council Me~bers: <br /> <br />~&I C- ~1~5~rQ <br /> <br />This bid is submitted under the bidding conditions of your Official Notice of Sale dated July 8, 2002, of $5,400,000 City of La Porte, <br />Texas, Limited Tax Bonds, Series 2002, the terms and conditions of which Official Notice of Sale are made a part hereof. <br /> <br /> <br />Ie lIy i s~d Bonds, as described in said Official Notice of Sale, we will pay you par and accrued interest, plus a cash premium <br />U for Bonds maturing and bearing interest as follows: <br /> <br /> Interest Interest <br />Maturity Rate Maturity Rate <br />2006 ~ 2016 % <br />2007 % 2017 % <br />2008 % 2018 % <br />2009 % 2019 % <br />2010 % 2020 % <br />2011 % 2021 % <br />2012 % 2022 % <br />2013 % 2023 % <br />2014 % 2024 S.rYJ % <br />2015 % 2025 ~~OO % <br /> - <br />GROSS INTEREST COST $ -::H ~4'Q 'l-~ll. 00 <br />LESS PREMIUM $ <br />NET INTEREST COST $ <br />EFFECTIVE INTEREST RATE ~% <br /> <br />The Initial Bond shall be registered in the name of <br />(syndicate manager). We will advise JPMorgan Chase ,a as, Texas, the Registrar, 0 regtstration s ns at least five business <br />days prior to the date set for Initial Delivery. We will not ask the Registrar to accept any registration ins ctions after the five day period. <br /> <br /> <br />The undersigned agrees to complete, execute, and deliver to the City, on the next business day after award of the Bonds, the Issue Price <br />Certificate, in the form enclosed as Exhibit A to the Official Notice of Sale. <br /> <br />Attached hereto or submitted separately is a Bank Certified or Bank Cashier's Check of -F(-o d- ' <br />in the amount of $1 08,000 which represents our Good Faith Deposit and which is submitted in accordance with the terms as set forth in the <br />Official Notice of Sale. <br />