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We have read in detail the Official Notice of Sale and the Official Statement relating to the Bonds, and we have made such <br />investigations as we deem necessary relating to the City and the investment quality of the Bonds. <br />Respectfully submitted, <br />Syndicate: <br />GR1,�J I1 KJ <br />F i 91K 3TE P HENS & 1 orINS:. <br />ACCEPTANCE CLAUSE <br />'rhe foregoing bid is hereby in all things accepted by the City of L.a Porte, Texas this the _ day of March, 2000. <br />ATI'EST: <br />Secretary <br />Dated March 15, 2000 <br />Mayor <br />ACCUMULATED BOND YEARS <br />$3,250,000 <br />City of La Porte, Texas <br />General Obligation Bonds, Series 2000 <br />Year of <br />Amount <br />Accumulated <br />Maturity <br />of Bonds <br />Bond Years <br />2001 <br />$150,000 <br />150.0000 <br />2002 <br />150,000 <br />450.0000 <br />2003 <br />150,000 <br />900.0000 <br />2004 <br />150,000 <br />1,500.0000 <br />2005 <br />150,000 <br />2,250.0000 <br />2006 <br />150,000 <br />3,150.0000 <br />2007 <br />150,000 <br />4,200.0000 <br />2008 <br />150,000 <br />5,400.0000 <br />2009 <br />150,000 <br />6,750.0000 <br />2010 <br />150,000 <br />82250.0000 <br />2011 <br />175,000 <br />10,175.0000 <br />2012 <br />175,000 <br />12,275.0000 <br />2013 <br />175,000 <br />14,550.0000 <br />2014 <br />175,000 <br />17,000.0000 <br />2015 <br />175,000 <br />19,625.0000 <br />2016 <br />175,000 <br />22,425.0000 <br />2017 <br />175,000 <br />25,400.0000 <br />2018 <br />175,000 <br />28,550.0000 <br />2019 <br />175,000 <br />31,875.0000 <br />2020 <br />175,000 <br />35,375.0000 <br />Average Maturity ......... 10.885 Years <br />Maturity: March 15 <br />