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<br />. <br /> <br />. <br /> <br />LAW OFFICES <br /> <br />MCCALL, PARKHURST & HORTON <br /> <br />HOBBY H. MCCALL <br />PAUL B. HORTON <br />PETER M. TART <br />RICHARD C. PORTER <br />G. CHARLES KOBDISH <br />THOMAS L. POSCHARSKY' <br />KENNETH E. ILTZ <br />M. PAUL MARTIN <br />JOHN W. FAINTER. JR. <br />ALAN H. RAYNOR <br />JOHN W. RUBOTTOM <br />JEFFREY A. LEUSCHEL <br />THOMAS K. SPURGEON <br />L.E. BRIZZOLARA. III <br />HAROLD T. FLANAGAN <br />DANNY S. CULVER <br />ALFRED D. JOHNSON <br /> <br />402 ONE RIVERWALK PLACE <br /> <br />JOHN D. MCCALL <br />11892-19621 <br /> <br />SAN ANTONIO, TEXAS 78205-3503 <br /> <br />MILLARD PARKHURST <br />11908-1873) <br /> <br />Te::Le:PHONe:: 512 225-2&00 <br /> <br />TELECOPIER: 512 225-2984 <br /> <br />CLARENCE E. CROWE <br />C1903-lseZI <br /> <br />717 NORTH HARWOOD STREET <br />NINTH FLOOR <br />DALLAS, TEXAS 75201-6587 <br />TELEPHONE:: 214 220-2800 <br /> <br />.LICIt'NSED IN NEW YORK ONLY <br /> <br />May l8, 1988 <br /> <br />2850 ONE AMERICAN CENTER <br />AUSTIN, TEXAS 78701-3234 <br />TE:LEPHONl!!:.: 512 478-3805 <br /> <br />Knox W. ASkins, Esq. <br />City Attorney <br />City of La Porte <br />702 W. Fairmont Parkway <br />P. O. Box l2l8 <br />La Porte, Texas 7757l-l2l8 <br /> <br />Dear Mr. Askins: <br /> <br />This letter is our response to your request for information <br />concerning my firm and our proposed services and charges as Bond <br />Counsel to the City of La Porte. <br /> <br />BUSINESS ORGANIZATION <br /> <br />Attached hereto as Appendix A is a brochure containing general <br />information concerning McCall, Parkhurst & Horton, including <br />resumes of the firm's attorneys and a representative client list. <br />McCall, Parkhurst & Horton has extensive experience in virtually <br />every area of municipal finance and fully meets each and every <br />qualification conceivable for Bond Counsel. Having served as Bond <br />Counsel for over l, 500 issues over the past five years and as <br />underwriters', or purchasers', counsel for most of the major <br />investment banking firms in the nation, the members of the firm <br />have developed expertise in all of the legally recognized current <br />financing techniques. In addition, by participating in financings <br />in other jurisdictions and attending and participating as lecturers <br />in professional seminars, the members of the firm remain abreast of <br />financing innovations and of the changing needs and requirements of <br />the municipal bond market and the credit rating agencies. <br /> <br />McCall, Parkhurst & Horton was established in 19l9. Since <br />that time, the firm has specialized solely in public finance law. <br />The firm's opinion (as to validity and enforceability of <br />municipality's obligations and, later, tax exemption) was the first <br />