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<br />OFFICIAL BID FORM
<br />
<br />Honorable Mayor and C"at)' CotmciI
<br />C"at)' of San MUCOI, Texu
<br />
<br />Memben of the C"1l)' CouacU:
<br />
<br />ReferellCe i. made &0 your Oftkial Statemelll and Nodce of Salo and Biddm, IDalnlctiooa, da~ March 23, 1992, of $2,895,000 Cll"Y OF SAN
<br />MARCOS, TEXAS GENERAL OBUGATION BONDS, SERIES 1992, both of which CODlItittM a part hereof.
<br />
<br />April 17, 1991
<br />
<br />For your le,al1y iuuocl Bond., I' deacnDcd in ..id Nodce of Sale Ind Biddm, IDalnlctiona and Ofticial Statement, we will PlY you par Ind Iccrued
<br />interest from date of iaaue &0 date of delivery to ua, plu. I cash premium of $ for Booda maturina and bearina inteRat .. follow.:
<br />
<br /> Principal Idtcreat Principal Intereat
<br />Mlturity Amoulll Rate Maturity Amount Rate
<br />8-1-1993 $ 45,000 ~ 8-1-2001 $ 175,000 S
<br />8-1-1994 100,000 ~ 8-1-2002 175,000 S
<br />8-1-1995 125,000 S 8-1-2003 200,000 S
<br />8-1-1996 125,000 ~ 8-1-2004 225,000 S
<br />8-1-1997 150,000 ~ 8-1-2005 300,000 S
<br />8-1-1998 150,000 ~ 8-01-2006 325,000 ~
<br />8-1-1999 175,000 ~ 8-1-2007 450,000 S
<br />8-1-2000 175,000 ~
<br />
<br />Our calculation (which it not a part of thia bid) of the intereat colt from the above it:
<br />
<br />Tottlldtcrest Coat
<br />Le.. Premium
<br />NET INTEREST COST
<br />EFFF.CI'IVE INTEREST RATS
<br />
<br />$
<br />
<br />$
<br />
<br />~
<br />
<br />We are havm, the Bond. of the foUowina maturitiea inaured by at a premium of
<br />$ ,..id Dmnium to be Daid bv the Purchaser. Any fee. to be paid to the rating agenciea 18 a result of Aid inaurance wiD be DlIid
<br />by the citY.
<br />
<br />The Initial Bond Iha11 be regiltered in the name of , We will acivile Mr. Robert PattcrtOn, Corporate Troat DiviJioa,
<br />AmeritnJat Texu N.A., P. o. Box 149036, Auatin, Ten. 78714-9036 (512-480-3132), the Paying A,entlRegiatrar, our registration inatlUctiooalt
<br />lcut five businc81 days prior to Ibe date let for Initial Delivery.
<br />
<br />A Cashier's Check oflbe Bank, ,in the amouDl of $57,900.00, which represents our Good Faith
<br />Deposit (is attached hereto) or (ha. been made available to you prior to the opening ofthi. bid), and it submitted in accordance with Ibe terms II let
<br />forth in the Official Statement and Nodce of Sale and Bidding InsttuctiODl.
<br />
<br />We agree: to accept delivery of and make payment for the Bonda in immediately available funds in 1he Corporate Troat Divition, AmeritnJat Texu
<br />N.A., Austin. Ten., DOt later than 10:00 AM, CDT, on May 26, 1992, or thereafter on the date !he Bonda Ire tendered for delivery, punuant to
<br />the terms set forth in 1bc Nodcc of Sale and Bidding InstnJctioOl.
<br />
<br />The undersigned IJl'CCI to complete, execute, and deliver to 1bc Crty, It leut aix busineaa day. prior to delivery of the Bondi, a certificate rclarm,
<br />to the "issue price" of 1bc Bonds in the form and to the effect Iccompanying the Notice of Sale and Bidding JnstructioOl, with IUCh changea thereto
<br />.. may be acceptable to the CIlJ.
<br />
<br />We agree to proTide ia writi8& the i8itia1 nofl'eriDa prices aDd other terms, if allY. to the FIaa.daI Adrisor by the dose of the JleIIt busiaes5
<br />day after the awanl.
<br />
<br />RespccttUlly submitted,
<br />
<br />By
<br />
<br />Authorized llepreacntative
<br />
<br />ACCEPl'ANCB CLAUSE
<br />
<br />The above and fore,om, bid it hereby in aD thinp acccp~ by 1he City of San Marcot, Tcxa., aubject to and in accordance with 1he Notice of Sale
<br />and Biddm, IDItnJctiona, 1bia 1IIc 271b day of April, 1992.
<br />
<br />Mayor
<br />C"1l)' of San Marcoa, Texas
<br />
<br />A1TBST:
<br />
<br />C"1ty SccteWy
<br />
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