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NOTYCE TO BANKING INSTITUTTONS WITHIN THE CITY OF PARIS <br />Notice is hereby given that Governing Body of ttse City of Paris, su6ject to the provision of <br />Chapters 105 and 131 of the Texas Locai Government Code, will receive bids and applications <br />from all interested banking institurions within the City of Paris to serve as pame depository of <br />the City of Paris and maintain custody of the funds of the City for a period of two ycais from <br />March l, 2013 through February 28. 241 S. Any such application shall bc delivered tv the o�i'ice <br />of the City Manager located in City Hall prior to 3:00 P. M.. Friday January 7, 2013. <br />It is roquired that each b�nk bid by filling in all blanks and agreeing to the following <br />specifications: <br />Bank will pay to City interest on time dcposits in accordance with the following schedule: <br />MATURITY <br />7-13 days <br />I4-29 days <br />30-59 days <br />b0-89 days <br />90-179 days <br />t80-365 days <br />7-13 days <br />1429 days <br />30-59 days <br />60-89 days <br />40-179 days <br />180-365 days <br />CERTIFICATES aF DEPOSIT UNDER $100,000 <br />RATE <br />T bitl plus or minus 0 basis points <br />T-bill plus or minus o--- basis points <br />T-bitl plus or minus 10 basis points <br />1'-bill plus or minus �� basis points <br />T•bill plus or minus 30 basis points <br />T-bill plus or minus 45 basis points <br />CERTIFICATES OF DEPOSIT OVER $100,000 <br />T bill plus or minus o basis points <br />T bill plus or minus o basis points <br />T-bill plus or minus 10 basis points <br />T-bill plus or minus 20 basis points <br />T-bill plus or minus 3o basis points <br />T-bill plus or minus 45 basis points <br />All investment services offercd to othcr bank cUStomers wili bc available to thc City. <br />The Cit}� wilt accept bids only on the basis herein atier described. <br />Each day, the Wall Street Journal publishcs the 26 week tressury-bill yield based on the results of <br />the most recent treasiuy-bill auction. Rates for certificates of deposit undcr this contract must bc <br />tied tv this 26 week treasury-bill yicld. The rates should be quoted either plus or minus a gtven <br />number of basis poirtts from this 26 wcek trcasury-bill yield. Using the Wall Strcct )oumal dated <br />the same day as the certificate af depos�t is purcheaed, the certificate of deposit rate will be the <br />26 wcck T-bill ratc published that day in the Wall Stc+eet Journal plus or minus the basis points <br />listed above. <br />