Laserfiche WebLink
<br />FIRST 3~ COMPANY <br />INVE~TMENT BANKER~ <br /> <br />370 SAN JACINTO CENTER TOWN LAKE <br />98 SAN JACINTO BOULEVARD <br />AUSTIN, TEXAS 78701-'1039 <br /> <br /> <br />TELEPHONE 15121 476-4372 <br />MONTYC.NITCHOLAS A .122 1991 TELECOPY15121476-4597 <br />SENIOR VICE PRESIDENT prl , <br /> <br /> <br /> <br /> <br />Honorable Mayor and City Council <br />City of San Marcos <br />630 East Hopkins <br />San Marcos, Texas 78666 <br /> <br />Councilmembers: <br /> <br />A rule of the Municipal Securities Rulemaking Board, under which we operate, requires <br />that we advise you in writing of our intention to bid for our own account or with others <br />for your $3,595,000 General Obligation Bonds, Series 1991 and $&50,000 Waterworks and <br />Sewer System Revenue Bonds, Series 1991, and that we have your written consent to do <br />so. <br /> <br />Our Financial Advisory Agreement, the Notices of Sale and the Official Statements to <br />be mailed to prospective bidders and purchasers of your Bonds shall state: <br /> <br />"First Southwest Company is employed as Financial Advisor to <br />the City in connection with the issuance of the Bonds. The <br />Financial Advisor's fee for services rendered with respect to the <br />sale of the Bonds is contingent upon the issuance and delivery of <br />the Bonds. First Southwest Company may submit a bid for the <br />Bonds, either independently or as a member of a syndicate <br />organized to submit a bid for the Bonds." <br /> <br />It would be appreciated if you would indicate your approval by signing this letter in the <br />space provided below. <br /> <br />V ery truly yours, <br /> <br />FIRST SOUTHWEST COMPANY <br /> <br /> <br />Monty C. Nitcholas <br />MCN/gd <br /> <br />The above is understood and agreed to, and we hereby give our consent, this the 22nd <br />day of April, 1991. <br /> <br /> <br /> <br />By <br />ATTEST: ~ <br /> <br />~:.. ~ ¿~j,~ <br />/) C"ty ~arÿ <br />