HomeMy WebLinkAbout1988
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INVF:STMEN'[' 11ANKFIIIS
$00 FIRST CITY CENTER
1100 PACIFIC AVENUE ,
11,%1,[.AS,'[TXAF, 73201
FRANK J. M[OANICM February 21 1988 .x14,053-4000
CONIUOASt
Honorable Mayor and City Council
City of Denton
Denton, Texas
Gentlemen:
operate,
rule of the Municipal laltention to o bid under for our which own account or
requires that we advise you Im citing of our in
with others for your $3,600,.00 General Obligation Bonds, Series 1988, and that, we
have your written consent to do so.
Our Financial Advisory Agreement, the Notice of Sale and the Official Statement to
be mailed to prospectlve bidders and purchasers of your Bonds shall stater
"First Southwest Company Is employed as Financial Advisor to the City in
connection with the Issuance of the Bonds. The Financial Advisor's fee for
,ervlces rendered with respect to the sale of the Bonds is contingent upon the
Issuance and delivery of the Bonds. First Southwest Company may submit a
bid for the Bonds, either independently or as a member of a syndicate
organized to submit a bid for the Bonds"
It would be appreciated If you would Indicate your approval by signing this letter In
the space provided below:
Very truly yours,
FIRST SOUTHWEST COMPANY
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B yt1~~ I
Frank . Medanich
The abo'pe Is understood and agreed to, and we hereby give our consent.
CITY OF DENTON, TEXAS
By
t May r
ATTEST:
milt
OF11 y Secretary
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