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OFFICIAL BID FORM <br />GENERAL OBLIGATION BONDS <br />Honorable Mayor and City Council <br />City of LaPorte <br />604 W. Fairmont Parkway <br />La Porte, TX 77571 <br />Mayor and Members of the City Council: <br />This bid is submitted tinder the bidding conditions of your Official Notice of Sale dated March 13, 2000, of $3,250,000 <br />City of La Porte, Texas, General Obligation Bonds, Series 2000, the terms and conditions of which Official Notice of Sale are <br />made a part hereof. <br />For your legally issued $3,250,000 of Bonds, as described in said Official Notice of Sale, %ve will pay you par and accrued <br />interest, plus a cash premium ot$ — 0—for Bonds maturing and bearing interest its follows: <br />Maturity <br />Interest Rate <br />Maturity <br />Interest Rate <br />2001 <br />a <br />2002 <br />2004 <br />% <br />2014 <br />. '{ °/, <br />2005 <br />%, <br />2015 <br />��] �i % <br />2006 <br />% <br />2016 <br />° <br />2007 <br />% <br />2017 <br />2008 <br />% <br />2018 <br />2009 <br />i/ <br />%, <br />2019 <br />%, <br />2010 <br />% <br />2020 <br />l z %, <br />GROSS INTEREST COST <br />Less Premium <br />NETINTEREST COST <br />EFFL'CT1VE 1NTERL's,r RA "E <br />$- _ <br />$ 1. L qL--A 1. 4S <br />45.E ,.4 % <br />The Initial Bonds shall be registered in the name of C(%>` . (syndicate manager). <br />The definitive Bonds will be registered to Cede & Co., the nominee of "rlte Depositor "I'ntst Company. <br />The undersigned agrees to complete, execute, and deliver to the Cuy, on the next business day after award oCthe Bonds, the <br />htitial Otiering Price Certificate, in the form enclosed as Exhibit A to the Official Notice of Sale. <br />Attached hereto or submitted separately is a Bank Certified ur Bank Cashier's Check oCthe <br />in the amount of $65,000 which represents our Good Faith Deposit and which is submitted in accordance with the terns as set <br />forth in the Official Notice of Sale. <br />