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<br />Jul-22-2002 03:50pm <br /> <br />From-LEGG MASON eZANNE MURAKAMI <br /> <br />+612-337-3868 e <br /> <br />T-213 P.002 <br /> <br />F-388 <br /> <br />OFFICIAL BID FORM <br /> <br />Mayor and City Council <br />City of La Porte <br />604 W. Fairmant Parkway <br />La Porte, TX 77572 <br /> <br />Mayor and City Council Members; <br /> <br />This bid is submitted under the bidding conditions of your Official Notice of Sale dated July 8, 2002, of $5,400.000 City of La Porte, <br />'Texas, Limited Tax Bonds, Series 2002, the lr:nns and conditions of which Official NOlice of Sale arc made a part hereof. <br /> <br />For said legally issued Bonds, as described in sllid Official Notice of Sale, we will pay you par :!Jld accrued interest,. plus a cash premium <br />of$..3, ,,'Z. 5"". } 0 for Bonds maturing and beating imereSI as follows; <br /> <br /> r nteresr Jntere:.1: <br />Maturity Rate Matlm!y ~ <br />2006 ~6a % 2016 tf..'TO % <br />2007 0/-.. O() % 2017 '1-", Q) % <br />2008 'f-. () t:) % 2018 Lf.. {, 0 % <br />2009 'T,2.> % 2019 Lf.70 % <br />2010 ~.2-5 % 2020 If. go % <br />2011 '1-.2 S- % 2021 ~'lO % <br />2012 9:.2.S % 2022 If_ '10 % <br />2013 If. So % 2023 S.OO % <br />2014 4t~So % 2024 5'. CO % <br />2015 It/.. :30 % 2025 S:ao % <br />GROSS INTEREST COS'T $ 3, 3c'l r 710 ,DO <br />LESS PREMJUM $ :3 t b 2-C;;. 10 <br />NE'r INTEREST COST $ '3,30 I ,Ogy. ~"70 <br />EFFECTIVE INTEREST RATE !J..l ~.,~ % <br /> L{ .b ~).B .:} Co <br /> <br />The Initial Bond shall be registered in the name of I ~1i AA....s.o........ We"" J:. t.Jo..( k~ r- <br />(syndicate manager). We will advise JPMorgan Chase B , allas, Texas, the Reiistrar, Our rCiistration instructions at least five business <br />days prior ~o the dare set for Initial Delivery. We will no~ ask the Registrar to accept any registration instructions after the five day period. <br /> <br />The undersigned agrees to eomple~e, execute, and deliver to the Cil)', On the next business day after award of the Bonds, the Issue Priee <br />Certificate, in the fonn 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 H--oS+ lSo...",-~ r NA. > <br />in the amOUIlt of $1 08,000 which represents our Good Faith Deposit :md whieh is submitted in accordance with the terms as set forth in the <br />Offieial Notice of Sale. <br /> <br />7 <br />