2000-03-27 Regular Meeting and Public Hearing of La Porte City Council

Browse Search

• /!W- OFFICIAL BID FORM GENERAL OBLIGATION BONDS Honorable Mayor and City Council City of LaPorte 604 W. Fairmont Parkway LaPorte, TX 77571 Mayor and Members of the City Council: This bid is submitted under the bidding conditions of your Official Notice of Sale dated March 13, 2000, of $3,250,000 City of La Porte, Texas, General Obligation Bonds, Series 2000, the terms and conditions of which Official Notice of Sale are made a part hereof. For your legally issued $3,250,000 of Bonds, as described in said Official Notice of Sale, we will pay you par and accrued interest, plus a cash premium of $ --0 -- for Bonds maturing and bearing interest as follows: Maturitv Interest Rate Maturitv Interest Rate 2001 7. �; pro 2011 t, % 2002 % 2012 :� t, 2003 % 2013 y��, 2004 % 2014 2005 % 2015 % 2006 % 2016 2007 % 2017 2008 % 2018 % 2009 Zen % 2019 % 2010 S;-;z e % 2020 �c a % GROSS INTEREST COST Less Premium NET INTEREST COST EFFECTIVE INTEREST RATE Y e7 s Y.S 5/ yC7% The Initial Bonds shall be registered in the name of (syndicate manager). The definitive Bonds will be registered to Cede R. Co., the nominee of The Depository Trust Company. C The undersigned agrees to complete, execute, and deliver to the City, on the next business day after award of the Bonds, the Initial Offering Price Certificate, in the form enclosed as Exhibit A to the Official Notice of Sale. Attached hereto or submitted separately is a Bank Certified or Bank Cashier's Check of the , in the amount of $65,000 which represents our Good Faith Deposit and which is submitted in accordance with the terms as set forth in the Official Notice of Sale.