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<br />NOTICE OF BANKING INSTITUTIONS WITHIN THE CITY OF PARIS <br /> <br />Notice is hereby given that Governing Body of the City of Paris, subject to <br />the provision of Article 2559 to Article 2566A, Revised Civil Statutes of <br />Texas, as .amended, will receive Bids and Applications from all interested <br />banking institutions within the City of Paris to serve as prime depository <br />of the Ci ty of Pari sand mai nta i n custody of the funds of the City for a <br />period of two years from March 1, 1989 through February 28, 1991. Any such <br />application shall be delivered to the office of the City Clerk in the City <br />Hall prior to 10:00 A. M., February 6, 1989. <br /> <br />It is required that each bank bid by filling in all blanks and agreeing to <br />the following specifications: <br /> <br />Bank will pay to City interest on time deposits in accordanc~~~~lVj:D <br />following schedule: <br /> <br />Maturity <br /> <br />7-13 days <br />14-29 days <br />30-59 days <br />60-89 days <br />90-179 days <br />180-365 days <br /> <br />Certificates of Deposit under $100,000.00 <br />Rate <br /> <br />T-Bill (Plus)~j 25 <br />T-Bill (Plus)idltimJd 25 <br />T-Bill (Plus)idltimJxf 15 <br />T -Bill (Plus )[dtNroxf 5 <br />T-Bill (plus)[dtNroxf 0 <br />T-Bill tecbtCd(Minus) 10 <br /> <br />Certificates of Deposit over $100,000.00 <br /> <br />FEB 61989 <br /> <br />9lTY MANAGER <br />'AIlS; 'mAS <br /> <br />Basis Points <br />Basis Points <br />Basis Points <br />Basis Points <br />Basis Points <br />Basis Points <br /> <br />Maturity Rate <br />7-13 days T-Bill (Plus)~:d: 25 Basis Points <br />14-29 Days T -Bill (Plus)~ll:X 25 Basis Points <br />30-59 days T-Bill (Plus)~ll:X 15 Basis Points <br />60-89 days T -B ill (Plus)~ll:X 5 Basis Points <br />90-179 days T -B il 1 (Plus)~xf 0 Basis Points <br />180-365 days T -B ill (Plus)~xX 10 Basis Points <br /> <br />Wxl!1filxillwxtk~JlJcx~lIXIJt~xLle::xle5jix*Rll:Ikxbh:atXRwme1Otl\Y{~xl!lk}fttxltli:IIIlKIDf <br />oor~h~JtRx<mvxx~R. <br /> <br />The City will be privileged to use all investment services offered all <br />other customers. <br /> <br />The City will accept bids only on the basis herein after described. <br /> <br />, <br />Rates bid must be tied to the Treasury Bill rate effective at the time the <br />certificate to purchased. The Bill rate basis to be used will be the <br />quoted yield in the Wall Street Journal for Bills most closely <br />approximating the maturity of the Certificate of Deposit to be purchased. <br />Bids should be quoted either plus or minus a given number of basis points <br />from this T-Bill yield. The Wall Street Journal to be used will be the <br />paper dated the same day the certificate is purchased. <br />