Ord 2024-018 authorizing the issuance and sale of an amount not to exceed $31,100,000 of Combination Tax and Revenue Certificates of Obligation, Series 2024, levying an ad valorem tax and pledging certain surplus revenues

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By submitting this bid,the Purchaser understands and agrees that it must have a standing letter on file with the Municipal Advisory Council of Texas and the Texas Attorney General's Office in the form included as Exhibit A to the All Bond Counsel Letter of the Texas Attorney General dated November 1,2023 and any supplements thereto(the"A 11 Bond Counsel Letter"). In submitting this bid,the Purchaser represents to the City that it has tiled a standing letter in the form included as Exhibit A to the All Bond Counsel Letter without qualification and including current statutory citations and it has no reason to believe that the City may not be entitled to rely on the standing letter on file with the Municipal Advisory Council of Texas and the Texas Attorney General's Office. The Purchaser hereby further agrees that it will not rescind its standing letter at any time before the delivery of the Bonds unless same is immediately replaced with a standing letter meeting the requirements of the All Bond Counsel Letter. The Purchaser agrees to provide such further representations, certifications or assurances in connection with the Covered Verifications,as of the delivery date of the Bonds or such other date requested by the City including,but not limited to,a bring down certification as provided by the All Bond Counsel Letter, The Purchaser acknowledges that the City, in its sole discretion,has reserved the right to reject the bid of any bidder who is,or whose parent company, subsidiaries or affiliates are, on a list maintained by the Texas Comptroller of financial companies boycotting energy companies or discriminating against firearm entities, The Purchaser understands and agrees that to the extent the Purchaser and each syndicate member listed on the Official Bid Form is unable to provide a Standing Letter in a form satisfactory to the Texas Office of the Attorney General,the City reserves the right to cash and accept the Good Faith Deposit(see"CONDITIONS OF THE SALE—GOOD FAITH DEPostf"in the Official Notice of Sale). NOTWITHSTANDING ANYTHING CONTAINED HEREIN, THE REPRESENTATIONS AND COVENANTS CONTAINED IN THIS OFFICIAL BID FORM SHALL SURVIVE TERMINATION OF THIS OFFICIAL BID FORM OF THE PURCHASER TO PURCHASE.THE BONDS UNTIL THE STATUTE OF LIMITATIONS HAS RUN. A licensed attorney acting as general counsel to the Purchaser(or other authorized representative of the Purchaser acceptable to the Texas Attorney General)will provide written certification to the Texas Attorney General that the above verifications are true and correct. The undersigned agrees to complete,execute,and deliver to the City,at[east five business days prior to delivery of the Certificates, a certificate relating to the"issue price"of the Certificates in the form and to the effect accompanying the Notice of Sale and Bidding Instructions,with such changes thereto as may be acceptable to the City and Bond Counsel. The undersigned certifies that the Purchaser[is]/[is not)exempt from filing the TEC Form 1295 by virtue of being a publicly traded business entity or a wholly owned subsidiary of a publicly traded business entity. We agree to provide in writing the initial reoffering prices and other terms,if any,to the Financial Advisor by the close of the next business day after the award, Respectfull ubm'ttedA Name of Purchase anager 1 Authorized I presentative � — Phone Number - ,'...._.... _........ Signature ry i