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<br /> @ <br /> VICfORlA <br /> BAI','K & TRU:,T <br /> March 20, 1990 <br /> Ms. Eva Vangi-Stern <br /> Interim Director of Finance <br /> 630 E. Hopkins Street <br /> San Marcos, T X 78666 <br /> Dear Eva: <br /> Please accept the following as Victoria Bank & Trust-San Marcos's bid for <br /> depository for the City of San Marcos. The contract period will be for three <br /> years beginning May 1, 1990 and ending April 30, 1993. At the end of the three <br /> year period the City will be given a one year renewal option. There will be <br /> an eighteen month price protection period with fees being renegotiated at the <br /> end of that period. The eighteen month price protection will begin upon <br /> execution of the contract. <br /> We would like to take this opportunity to thank you for allowing us to bid on <br /> your account and look forward to serving you. If you have any questions <br /> regarding our bid, contact any of the individuals I isted as bank contacts on the <br /> cover page. <br /> Sincerely yours, <br /> Victoria Bank & Trust-West <br /> ~~tÍÆ <br /> Han ler SmÎt " Vice-Chairman <br /> ~en! Officer <br /> <br /> O:>;E O'CONNOI\ PLAZA' YICT() (L~, TEXAS 7ìc)(\2 . S 12/573-51 S I . ~1E\\I\EH, YICTl) U,\ BA:-;¡':SI !.-\HI', Iv. ¡'PIC <br />