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Home My WebLink About1972 OFFICIAL BID FORM April 25, J972 Nonorable Mayor and City Council City of Denton Denton, Texas Gentlemen! Reference is made to your "Official Notice of Sale" and "Official statement", date,4 April 4, 19720 of $6,000,000 CITY OF DENTONO TEXAS ELECTRIC REVENUE BONGS, SERIES 1912, both of which constitute a part hereof. For your legally issued bonds, being issued for the purpose of im- proving and extending the City's Electric Light and Power System, all as described in said Notice, we will pay you par and accrued interest from May 1, 1972, to date of delivery to us, plus a cash premium of $ for bonds maturing and bearing interest as follows! Interest Interest Amount Naturitq Rate Amount Naturitu Rate 5240,1)00 11-1-73 ; 5240,000 J1-1-86 % 240,000 12-1-74 ; 240,000 11-J-87 % 240,000 11-1-75 ; 240,000 12-1-88 % 240,000 11-1-76 % 240,000 11-1-89 % 240,000 11-1-77 % 240,000 JJ-1-90 % 240,000 11-1-78 k 240,900 J1-1-91 % 240,000 11-1-79 ; 240,000 11-1-92 % 240,000 11-1-80 ; 240,000 11-1-91 % 2400000 11-1-81 ; 240,000 J1-1-94 % 240,000 11-1-82 ; 240,000 JI-1-95 % 240,000 12-1-83 % 240,000 11-2-96 - % 240,000 11-1-84 - 240,000 11-1-97 % 240,000 11-1-85 % Our calculation of the net interest cost and effective interest rate, which is inf:.aative only and not a part of the above bid, is as followse Gross Interest Cost ¢ Less Premium NET INTErEST COST $ 'r EFFECTIVE INTEREST RATE % Attached hereto is Cashier's Check of the In the amount of $120,000.00, which represents our Good Fallan* i h, Deposit, and which is submitted in accordance with the terms as set forth in the "Official Notice of Sato" and "Official Statement". Respectfully submitted, By Authmeaed Representative ACCEPTANCE CLAUSE The above and foregoing bid is hereby in all things accepted by the City of Denton, Texas, this the 25th day of April, 1972, ATTEST! Mayor, C~ lty1of Denton, Texas City Secretary, City of Denton, Texas 01040.1 Return of Good Faith Deposit is hereby acknowledgedi Jy OFFICIAL BID FORM April 25, 1972 Honorable Mayor and City Council City of Denton Denton, Texas Centlemen► Reference 15 mao' to your "Official Notice of Sale" and "Official Statement", dated April 4, 1972, of 56,OOO,OL? CITY OF DENTON, TEXAS ELECTRIC REVENUE HONKS, SERIES 1972, both of which constitute a part hereof. Fc;r your legally issued bonds, being issued for the purpose of im- proving and extending the City'c Dlectric Light and Power System, all as describes in said Notice, we will pay you par and occrued Interest from may 1, 1972, to data of delivery to us, plus a cash premium of $ for bonds maturing and bearing interest as followsr Interest Interest Amount Maturity Rate Amount Mdturitu Rate $240,000 11-1-73 % $240,000 11-1-86 % 240,000 11-1-74 % 240,000 II-1-87 % 240,000 11-1-75 % 240,000 11-1-88 % 240,000 11-1-76 _ % 240,000 11-1-89 % 240,000 II-1-77 % 240,000 11-1-90 % 240,000 11-1-78 % 240,000 11-1-91 % 240,000 11-1-79 % 240,000 11-1-92 % 240,000 11-1-80 % 240,000 11-1-9) % 240,000 11-1-81 % 240,000 11.1-94 % 240,000 11-1-82 % 240,000 11-1-95 % 240,000 11-1-83 % 240,000 11-1-96 % 240,000 3I-1-84 % 240,000 11-1-97 240,000 11-1-85 % our calculation of the net Interest cost and effective Interest rate, which Is informative only and not a part of the above bid, is as followsi Cross Interest Cost $ Less Premium NET INTEREST COST $ EFFECTIVE INTEREST RATE % Attach-%d hereto is Cashier's Check of the Hank, in the amount of $120,000.00, which repreaents our Cood Faith Deposit, ani,which is submitted in accordance with the terms as set forth In the "official Notice of Sale" and "Official Statement". Respectfully submitted, By Authorized Representative ACCEPTANCE CLAUSE The above and foregoing bld is hereby in all things accepted by the City of Denton, Texas, this the 25th day of April, 1972. ATTESTt Mayor, Cicy of Denton, Texas City Secretary, City of tk!nton, Texas *rrsaa Return of Coed Faith Deposit Is hereby aeknowledged► By