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2002-07-22 Regular Meeting and Workshop Meeting
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2002-07-22 Regular Meeting and Workshop Meeting
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
7/22/2002
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<br />e <br /> <br />e <br /> <br />OFFICIAL BID FORM <br /> <br />~~ $'-1~ <br /> <br />Mayor and City Council <br />City of La Porte <br />604 W. Fairmont Parkway <br />La Porte, TX 77572 <br /> <br />Mayor and City Council Members: <br /> <br />j <br />rUle 1~t70J <br /> <br />This bid is submitted under the bidding conditions of your Official Notice of Sale dated July 8, 2002, of $5,400,000 City of La Porte, <br />Texas, Limited Tax Bonds, Series 2002, the terms and conditions of which Official Notice of Sale are made a part hereof. <br /> <br />For said legally issued Bonds, as described in said Official Notice of Sale, we will pay you par and accrued interest, plus a cash premium <br />of $ -0 -- for Bonds maturing and bearing interest as follows: <br /> <br />Maturity <br /> <br />Interest <br />Rate <br /> <br />2006 <br />2007 <br />2008 <br />2009 <br />2010 <br />2011 <br />2012 <br />2013 <br />2014 <br />2015 <br /> <br />:S .00 <br /> <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br /> <br /> <br />GROSS INTEREST COST <br />LESS PREMIUM <br />NET INTEREST COST <br />EFFECTNE INTEREST RATE <br /> <br />Maturity <br /> <br />Interest <br />Rate <br /> <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br />% <br /> <br /> <br />$ <br />$ <br />$ <br /> <br />4.30 <br />=V.;~S <br />~~~ <br />4~~ <br />~ <br /> <br />3 :L:0. fIL[). C iJ <br /> <br />~~' <br />~;~ ~ <br /> <br />2016 <br />2017 <br />2018 <br />2019 <br />2020 <br />2021 <br />2022 <br />2023 <br />2024 <br />2025 <br /> <br />The Initial Bond shall be registered in the name of <br />(syndicate manager). We will advise JPMorgan Chase Bank, Dallas, Texas, the egistrar, our reg IOn <br />days prior to the date set for Initial Delivery. We will not ask the Registrar to accept any registration ins <br /> <br />The undersigned agrees to complete, execute, and deliver to the City, on the next business day after award of the Bonds, the Issue Price <br />Certificate, in the form enclosed as Exhibit A to the Official Notice of Sale. <br /> <br />Attached hereto or submitted separately is a Bank Certified or Bank Cashier's Check of <br />in the amount of $1 08,000 which represents our Good Faith Deposit and which is submitted in accordance with the terms as set forth in the <br />Official Notice of Sale. <br />
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