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~, <br />' _ • <br />BAKER & BOTTS <br />La Porte Area Water <br />Authority -2- May 11, 1987 <br />Unless you hereafter request and we agree in writ- <br />ing to review the offering documents from the standpoint of <br />federal and state securities laws, we shall have no respon- <br />sibility with respect to the Official Notice of Sale, <br />Official Statement and Bid Acceptance Form by which the <br />bonds are offered for sale to the public, except (i) to <br />verify that the statements in such documents pertaining to <br />the resolution authorizing the issuance and sale of the <br />bonds conform to such resolution and (ii) to review the <br />parts of such documents relating to the exclusion from gross <br />income on such bonds for federal income tax purposes. If we <br />perform any other legal services in this regard, or if we <br />are called upon to perform other unusual services in <br />connection with any bond issue (such as, for example, repre- <br />senting the Authority in connection in any litigation <br />involving the bonds), we shall be compensated therefor on a <br />basis reasonably satisfactory to both parties. <br />A copy of this letter is enclosed. If you find <br />that our employment arrangement is satisfactory, please sign <br />such copy in the space provided and return the same to me in <br />order that this letter may serve to evidence our agreement <br />in this regard. <br />Very truly yours, <br />BAKER & BOTTS <br />r <br />Rowland H. Geddie, III <br />RHG:595 <br />Accepted and agreed to <br />this 7th day of May, <br />1987 <br />LA PORTE AREA WATER AUTHORITY <br />a~~"~ <br />030RGBH/180B01 <br />