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<br /> e e <br /> OFFICIAL BID FORM <br />e Honorable Mayor and City CouncD <br /> City of La Porte <br /> La Porte, Texas <br /> Gentlemen: <br /> This bid is aubmitted under the terms and conditions of your "Official Notice of Sale""dated December 3, 1980 <br /> of $800,000 City of La Porte, Texas, Certificates of Obligation, Series 1980, terms and conditions of which "Official <br /> Notice of Sale" are made a part hereof. <br /> For your legally issued $800.000 of Certificates, as described in said "Official Notice of Sale," -we will pay you <br /> par and accrued interest from date of issue to date of delivery to us, plus a cash premium of $ for <br /> Certificates bearing interest as follows: <br /> Certificates Maturing 1982 through 19 , <br /> 19 through 19 , <br /> 19 through 19 , <br /> 19 through 19 , <br /> 19 through 19 , <br /> 19 through 19 , <br /> Interest cost, in accordance with the above bid, is: <br /> Gross Interest Cost $ <br /> Less Premium $ <br /> NET INTEREST COST $ <br /> . <br />e EFFECTIVE INTEREST RATE $ <br /> Attached hereto or submitted separately is Bank Certified or Bank Cashier's Check of the <br /> " in the amount of $16,000 which represents our Good Faith Deposit <br /> and which is submitted in accordance with the terms as set forth in the "Official Notice of Sale." <br /> We have read in detail the "Official Notice of Sale" and the "Official Statement" and we have made such in- <br /> vestigations as we deem necessary relating to the City and to the investment quality of These Certificates of <br /> Obligation. <br /> Respectfully submitted, <br /> By <br /> ACCEPTANCE CLAUSE <br /> The above and foregoing bid is hereby in all things accepted by the City of La Porte, Texas, this the <br /> day of , 1980. <br /> Attest: <br /> Secretary Mayor, City of La Porte, Texas <br />e <br /> -4- <br />