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<br />RECEIVED <br /> <br />JAN 02 2001 <br />CITY MANAGER <br />NOTICE TO BANKING INSTITUTIONS WITHIN THE CITlABF lfHfis <br /> <br />Notice is hereby given that Governing Body of the City of Paris, subject to the provision of <br />Article 105, Revised Civil Statutes of Texas, as amended, will receive bids and applications from <br />all interested banking institutions within the City of Paris to serve as prime depository of the City <br />of Paris and maintain custody of the funds of the City for a period of two years from March 1, <br />2001 through February 28, 2003. Any such application sh~ll be delivered to the office of the City <br />Manager located in City Hall prior to 3:00 P. M., January 2, 2001. <br /> <br />It is required that each bank bid by filling in all blanks and agreeing to the following <br />specifications: <br /> <br />Bank will pay to City interest on time deposits in accordance with the following schedule: <br /> <br />CERTIFICATES OF DEPOSIT UNDER $100,000 <br /> <br />MATURITY <br /> <br />RATE <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 />T-bill plu~JOO{ 35 basis points <br />T-bill plu~ 35 basis points <br />T-bill plu~1\1il} 35 basis points <br />T-bill plu~ 15 basis points <br />T-bill plu~ 35 basis points <br />T -bill pluSOO<:IDI1OO( 35 basis points <br /> <br />CERTIFICATES OF DEPOSIT OVER $100,000 <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 />T -bill plus (i{Q(}lliIDlx 50 basis points <br />T-bill plus ~iffiM~ 50 basis points <br />T-bill plus I1OOIl4IDlX 50 basis points <br />T-bill plus QJl{IlNIDIlX 50 basis points <br />T-bill plus ~l!:IiIDiX 50 basis points <br />T-bill plus \lrn:HIDmx 50 basis points <br /> <br />All investment services offered to other bank customers will be available to the City. <br />The City will accept bids only on the basis herein after described. <br /> <br />Rates bid must be tied to the Treasury Bill rate effective at the time the certificate is to be <br />purchased. The Bill rate to be used will be the quoted yield in the Wall Street Journal for Bills <br />most closely approximating the maturity ofthe Certificate of Deposit to be purchased. Bonds <br />should be quoted either plus or minus a given number of basis points from the T-bill yield. The <br />Wall Street Journal to be used will be the paper dated the same day the certificate is purchased. <br /> <br />EXHIBIT A <br />