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<br />We have read in detail the Official Notice of Sale and the Official Statement relating to the Bonds, as we have made such investigations as
<br />we deem necessary relating to the City and the investment quality of the Bonds.
<br />
<br />Syndicate: 11/0 J'1 t!-
<br />
<br />
<br />a i S..Fast, Vice Presldent
<br />B~ FTN Financial Capital Markets
<br />Phone: (800) 307-5405
<br />
<br />ACCEPTANCE CLAUSE
<br />
<br />The foregoing bid is hereby in all things accepted by the City of La Porte, Texas, this the _ day of July, 2002.
<br />
<br />A TIEST~
<br />
<br />City Secretary
<br />
<br />Mayor
<br />
<br />ACCUMULATED BOND YEARS
<br />
<br />$5,400,000
<br />City of La Porte, Texas
<br />Limited Tax Bonds, Series 2002
<br />
<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 />2021
<br />2022
<br />2023
<br />2024
<br />2025
<br />
<br /> Maturity: March 15
<br />Amount Accumulated
<br />of Bonds Bond Years Bond Years
<br />$270,000 3.6666 990.0000
<br />270,000 4.6666 2,250.0000
<br />270,000 5.6666 3,780.0000
<br />270,000 6.666() 5,580.0000
<br />270,000 7.6666 7,650.0000
<br />2]0,000 8.6666 9,990.0000
<br />270,000 9.6666 12,600.0000
<br />270,000 10.6666 15,480.0000
<br />270,000 11.6666 18,630.0000
<br />270,000 12.6666 22,050.0000
<br />270,000 13.6666 25,740.0000
<br />270,000 14.6666 29,700.0000
<br />270,000 15.6666 33,930.0000
<br />270,000 16.6666 38,430.0000
<br />270,000 17.6666 43,200.0000
<br />270,000 18.6666 48,240.0000
<br />270,000 19.6666 53,550.0000
<br />270,000 20.6666 59,130.0000
<br />270,000 21.6666 64,980.0000
<br />270,000 22.6666 71,100.0000
<br />
<br />Dated: July 15,2002
<br />
<br />Year of
<br />Maturitv
<br />
<br />Average Maturity........... 13.167Years
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