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Our fee and reimbursable - Apenses shall become due and payable si-,ultaneously with the delivery of <br />the securities to the purchaser. <br />5. In the event any bond election be necessary, if such election shall fail, the fee due us shall be <br />— Nothing— ; however, should the same or similar propositions again be submitted <br />to election held within $_ months from date hereof, then at our option the agreement covered <br />by this proposal shall apply to any such securities. <br />6. It is further understood and agreed that we reserve the right to submit a bid for the securities <br />when offered for sale. <br />7. This agreement shall be terminated by the delivery to the purchaser of all the securities covered <br />hereby, whether delivered all at one time, or in installments. <br />8. Special Conditions. In addition to the terms and obligations herein contained, this proposal and <br />agreement is subject to the following special conditions: <br />We are to be reimbursed for any expense in connection with the printing of the <br />Certificates we incur as your agent in accordance with paragraph 2h. and <br />for printing of brochures containing the Notice of Sale, Bid Form and <br />Official Statement. <br />9. This proposal is submitted in duplicate originals. When accepted by Issuer it will constitute the <br />entire agreement between Issuer and the undersigned for the purpose and considerations herein specified. <br />Your acceptance will be indicated by proper signatures of your authorized officers or representatives on <br />both copies and the returning of one executed copy to us: <br />Res ctfully sub itted, <br />RAUSCH R IE E R SN NC. <br />By— — - -� - - <br />Authorized Representative Ro ert G. Day <br />ACCEPTED pursuant to <br />on this 8th — <br />November <br />ACCEPTANCE <br />resolution adopted by the City Council <br />19 84 . <br />of the City of Paris, Texas <br />mayor, <br />Title—City of Paris, Texas <br />ATTEST: <br />'Citf Clerk, <br />Title City of Paris, Texas. <br />(SEAL) <br />M.A.C. Form C -1 <br />Rev. September, 1976 <br />s..,. . why+, r«,..... w. ...,r+--- ...__......,.._....... ..,... .- ._. _..........,.,........,. <br />