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<br /> t¡ )1( <br /> The Initial Bonds shall be reg:iste:red in the name of - . which will, upon <br /> payment far the Bonds. be canœ.lled by the Paying Agent/R.egistrar. The Bonds will then be registered in the name of Cede & Ca. <br /> (D T C 's partnership nnm; nð" ), under the Book-Entry -On! y S yst.em. <br /> A bank cashier's ch.eck or certified check of the Bank, . in the amount <br /> of 530,000.00, which represents our Good Faith Deposit (is attached hereto) or (has been made available to you prior to the opening <br /> of this bid), and is submitted in accordance with the terms as set forth in the Official Statement and Notice of Sale and Bidding <br /> Instructions. <br /> We agree to acœpt delivery of the Bonds utilizing the Book-Entry-Only System through DTC and make payment for the Initial Bond <br /> in irnrnefij t..Jy available funds in the Corporate Trust Division, Texas Commerœ Bank NatiODal Association, Austin, Texas, not <br /> - - later tban 10:00 AM. CST, an May 21, 1996, 0&" thereafu:r an the date the Bonds are tendered for delivery, pursuant to the terms set <br /> forth in the Notice of Sale and Bidding Instructions. It will be the obligation of the purch.aser of the Bonds to complete the DTC <br /> Eligibility Questionnaire:. <br /> We agree to provide ia writiq the iaitial reoft'el"iq prices and other tenas, if any, to the Fin.anclaI Advûor by the close of <br /> the next business day after the award. <br /> Respectfully submitted. <br /> By <br /> Authorized Representative <br /> ACCEPTANCE CLAUSE <br /> The above and foregoing bid is hereby in all things accepted by the City of San Marcos, Texas, miliject to and in accordance with the <br /> Notice of Sale and Bidding Instructions, this the day of .1996. <br /> ATTEST: Mayor <br /> City of San Marcos, Texas <br /> City Secretary <br /> ~. <br />