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<br />. <br /> <br />e <br /> <br />OFFICIAL BID FORM <br /> <br />. Mayor and City Council <br />City of La Porte <br />604 W. Fainnont Parkway <br />La Porte, TX 77572 <br /> <br />(& L0 j I ttl ~1Jl) <br /> <br />Mayor and City Council Members: <br /> <br />'Ibis bid is submitted under the bidding conditions of your Official Notice of Sale dated July 8, 2002, of S5,4OO,Ooo City of La Porte, <br />Texas, Limited Tax Bonds, Series 2002. the tenns and conditions of which Official Notice of Sale are made a part hereof. <br /> <br />For said ~ issued Bonds, as described in said Official Notice of Sale, we will pay yoil par and accrued interest, plus a cash premium <br />of S ' for Bonds maturing and bearing interest as follows: <br />. . <br /> <br /> Interest Interest <br />Maturity Rate Maturitv Rate <br />2006 ~~ % 2016 % <br />2007 % 2017 % <br />2008 ~OLj % 2018 % <br />2009 % 2019 % <br />2010 % 2020 % <br />2011 % 2021 % <br />2012 % 2022 ~:~%. % <br />2013 % 2023 % <br />2014 % 2024 ~b!J % <br />2015 % 2025 --s::th % <br />GROSS INTEREST COST S ~?-~Z g6.~ t&1J <br />LESS PREMIUM S .0- <br />NET INTEREST COST S~j~~~~ <br />EFFECTIVE INTEREST RATE % <br /> Ll. S9;2..0BQ <br /> <br />The 1nitial Bond shall be registered in the name of Fi rst Southwest Company' <br />(syndicate manager). We will advise JPMorgan Chase Bank, Dallas, Texas, the Registrar, oui' registration insb11ctions at least five business <br />days prior to the date set for Initial Delivery. We will not ask the Registrar to accept any registration instructions after the five day period. <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 orsubmitted separately isa Bank Certified or Bank Cashier's Check of Frost Na ti ana 1 Bank. Austi n , <br />in the amount of S I 08,000 which represents our Good Faith DePosit and which is submitted in accordance with the tenns as set forth in the <br />Official Notice of Sale. <br />