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• <br />_~~~l~'Lb~2P/I/ ~EC~/ZP/Yi CX. ~6.~ / 92G. <br />/, I <br />JH nu.~a~~~nanee' <br />July 31, 1980 <br />Honorable J. J. Meza, Mayor <br />City of La Porte <br />P. O. Box 1115 <br />La Porte, Texas 77571 <br />Dear Mayor: <br />C~ <br />.~~1~65~~..0~~~ <br />~P000 Jiuf.~~a~~ar~ ~/Z"aad <br />Sfon, /~,ae.770S6 <br />7l~~60-900 <br />Enclosed are the bids submitted on the City's $3, 850, 000 General Obligation and <br />Refunding Bonds, Series 1980, along with a tabulation on these bids. A copy of <br />the tabulation is being sent to our dealer mailing list, which includes approximately <br />250 bond houses over the United States. <br />We just talked to Daniel Gonzalez, Investment Officer at First City National Bank, <br />and find that all of the La Porte Bonds were sold by mid-afternoon, reflecting broad <br />acceptance by the investment community of the City's Bonds. <br />Within the next few days, we will prepare for the City a Principal and Interest Pay- <br />ment Schedule and will send a copy to Jim Hudgens and to the paying agent banks, <br />Bayshore National Bank and First City Bank. We will also prepare the Budgetex <br />Bond Register and Coupon Sheets on this issue and have it in your hands prior to <br />its need. <br />Please call us if there is anything that we can do for you. <br />Yours very truly, <br />loria Roberti / <br />Assistant Vice President <br />GR/cmn <br />Encl. <br /> <br />~O.i~2G~u~d vn 1919 <br />