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.,. <br />86 • <br />Tot u1. interest cost to maturity .................................~~2,080.Q0 <br />Lsss Premium .................................................... ?-1.00 <br />Net interest cost ............................................... ~2,~9.00 <br />For ,your X200,000 City of La Porte, Texas, Ctreot Tmnrctier.~nt finds, ire <br />bid you par ~xi. accrued interest, plus a cash premium of °90.00 for bonds <br />maturi r~ January 15th eaciz yerx and bearin;; irtero st as foLo:^; s <br />Year ^~ount Rat e <br />1961 ,~2, QOG 3 <br />1962 3 <br />000 <br />1Q63 , <br />l~ <br />000 - " <br />196l~ , <br />~. <br />000 " <br />1965 , <br />3,000 " <br />].g66 8, OGO 3 <br />1967 x,000 '~ <br />168 10,000 " <br />1969 10,00 't <br />-970 ?2, X00 " <br />]971 22, 000 " <br />1972 23,000 " <br />1973 2l~., 000 " <br />97l~ 25, 000 " <br />2975 26,000 3-- <br />~': <br />1L11 bonds maturir~ a.itPx January 15, 1968, shall be oFtion2.1 on J:nu~.-ry ].5, <br />1968, or on any irltere5t payment date thereafter at nar and 2.ccrued interest <br />to date of call, a.s stipulated in the I~lotice to Bidders. <br />Tot ^1 interest cost t o r~aturi-t,~ ........................... . .. x123, 5~(71.5V0~ <br />TJ4w prcz~a.um .. a .. • ... r a . • • . • • e .. a .... c . • ... • .... e • • . • ....... • Ql.'.1R1 <br />2det int~xest cost ....... ..................................... x;123,1?-97.50 <br />Bo'ch issues ~~rlll be payable a.t t~~ ''first T12.t:i~n^_l Sank, La aorte, mev'?^,; first - <br />inter::st to be due J^.nua:c-~T 15, 1951, 2nd sem_i.-a~~^u^Il;~ thereafter or_ January <br />15th 2r_d July 15th of e~h year. <br />This bid is c,ubject only to delivc~r~r T,ot ]_~.t?x than "ebru^~;j 5, 1953, '?rd to talc <br />unqualified approzruaC opinicn of Dunas., Huguenin & Boothm~n, ~.ttorre;,~s, D ~~ ] a.s, <br />Telcas, z;~liich opinion the undersined bidder 2~ees to p?;,~ for. <br />s evicerce of ot~r ~ocd faith ,:re attach '_~ereto a Cashier 's C:.eck in tI~ anount <br />of wt~,2l~O.OC, this c?~cck to be held uncashnd. by •ci,.^ Cit',r ar_til_ ~,.-c: l.~.ve complied <br />z^ri.th the terr^,s of t~~:i.., ~~ic~ 2r_d then returned to us, or should ire fail or re- <br />fuse to comply t~.th t'~c terms of t ~a.s bic, then ttii.s chock sh211 be .;z.sred by <br />the City as :Full and complete lir~uid=~ted damages. <br />The City reserves the right to accept or reject ~y or 211 bids. <br />Respectfully submitted, <br />~.iC CLL~~^, c uI;1Cr~-RDC1C1~'~, uoaston, Tex. <br />CEPITR~"~I, 71''nr?'»~T?'~Ni CO. C~' T'~.X.,Da?las,Tex. <br />?~S~i;,~'T L. „~zrr'lN CO., Bell~.re, TeYus <br />By (signed) ~~ nest L. Dry,^rn, Jr. ` <br />~... <br />