2002-07-22 Regular Meeting and Workshop Meeting

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e_-- e OFFICIAL BID FORM Mayor and City Council City of La Porte 604 W. Fairmont Parkway La Porte, TX 77572 ;:Z/~ fi7/ qCO Mayor and City Council Members: 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, Texas, Limited Tax Bonds, Series 2002, the terms and conditions of which Official Notice of Sale are made a part hereof. For said ~y issued Bonds, as described in said Official Notice of Sale, we will pay you par and accrued interest, plus a cash premium ofS for Bonds maturing and bearing interest as follows: Interest Interest Maturity Rate MB.n!ri!y Rate 2006 % 2016 ~;:s % 2007 % 2017 ~ C:/~ % 2008 % 2018 ~f~ % 2009 % 2019 % 2010 % 2020 ~;~ % 2011 t:./~S- % 2021 % 2012 LI ??1"" % 2022 polJ % 2013 :j'~ % 2023 % 2014 % 2024 % 2015 1L5 % 2025 <t:J: tOr) % GROSS INTEREST COST $ '1 Z4~ ?tl?SV LESS PREMIUM ~ 4:t;;~ 7~7.:57) NET INTEREST COST EFFECTIVE INTEREST RATE ~/)z.. % Lf, St, ~ 1 s "$ The Initial Bond shall be registered in the name of Me ,- 5io'^- \"'- Ke...e...: c... '" 4- Co . r",,- c- (syndicate manager). We will advise JPMorgan Chase Bank, las, Texas, the R'egistrar. our registrhtion instructions at least five business days prior to the date set for Initial Delivery. We will not ask the Registrar to accept any registration instructions after the five day period. The undersigned agrees to complete, execute, and deliver to the City, on the next business day after award of the Bonds, the Issue 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 ~o s -\- 8"" '" l<- , in the amount of $1 08,000 which represents our Good Faith Deposit and which is submitted in accordance with the terms as sct forth in the Official Notice of Sale.