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<br /> qA- <br /> II FIRST SOUTHWEST COMPANY <br /> June 23, 1994 <br /> The Honorable Mayor <br /> and City Council <br /> City of San Marcos <br /> 630 E. Hopkins <br />-~ San Marcos, Texas 78666 <br />¡ <br />I Re: Financial Advisory Compliance to MSRB Rule G-23(d)(ii) <br /> $5,300,000 City of San Marcos, Texas General Obligation Bonds, Series 1994 <br /> $1,000,000 City of San Marcos, Texas Waterworks & Sewer System Revenue Bonds, Series 1994 <br /> Dear Mayor and Council: <br /> A rule of the Municipal Securities Rulemaking Board, under which we operate, requires that we advise <br /> you in writing of our intention to bid for our own account or with others for your Bonds and that we have <br /> your written consent to do so. <br /> Our Financial Advisory Agreement and the Notice of Sale mailed to all prospective bid':iers and <br /> purchasers of your Bonds states: ~ <br /> "First Southwest Company is employed as Financial Advisor to the City in connection <br /> with the issuance of the Bonds. The Financial Advisor's fee for services rendered with <br /> respect to the sale of the Bonds is contingent upon the issuance and delivery of the <br /> Bonds. First Southwest Company may submit a bid for the Bonds, either independently <br /> or as a member of a syndicate organized to submit a bid for the Bonds. '.' <br /> It would be appreciated if you would indicate your approval by signing this letter in the space provided <br /> below and returning it to me. <br />oJ-- <br />\ Verv truÜ~ <br /> ~ -- .- <br /> Dan Wegmil r <br /> The above is understood and we hereby give our consent this the 11 thday of July ,1994. <br /> By: (~ m.~ <br /> Mayor <br /> City of San Marcos, Texas <br /> INVESTMENt BANKERS <br /> 3ïO Still Jacillto Cel/ta. 98 Sml Jacillto Bvulepard. Austill, Texas ï8ïOI--W39. 5I::?-.fï6--f3ï::? . F.4.X 5I2-.fï6-459ï <br />