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NOTICE TU BANKING INSTITUTIONS WITHIN THE CITY OF PARIS <br />Notice is hereby given that Governing Body of the City of Paris, subject ta the provision of <br />Chapters l05 and 131 of the Texas Local Government Code, will receive bids and applications <br />from all interested banking institutions within the City of Paris to serve as prime depository of <br />the City of Paris and maintain custody of the funds of the City for a period of two years from <br />Mazch 1, 2013 through February 28, 24l 5. Any such application shall be delivered to the office <br />of the City Manager located in City Hai1 prior to 3:40 P. M., Friday January 7, 2013. <br />It is required that each bank bid by filling in all blanks and agreeing to the foliowing <br />specifications: <br />Bank will pay to City interest on time deposits in accordance with the following schedule: <br />MATURITY <br />7-13 days <br />14-29 days <br />30-59 days <br />60-89 days <br />90-179 days <br />180-3b5 days <br />7-13 days <br />14-29 days <br />30-59 days <br />64-89 days <br />40-179 days <br />180-365 days <br />CERTIFICATES OF DEPOSTT UNDER $100,000 <br />;f-7:��� <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />CERTIFICATES OF DEPOSIT OVER $1Q0,040 <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />T-bill plus or minus basis points <br />All investment services offered to other bank customers will be available to the City. <br />Thc City �vit! accept bids onty on the bASis lierein aftcr described. <br />See Attachment A <br />See Attachment A <br />Each day, the Wall Street Journal publishes the 26 �veek treasury-bill yield based �n the results of <br />the most receni treasury-bill auction. Rates for certificates of deposit under this contract must be <br />tied to this 26 week treasury-bill yield. The rates should be quoted either plus or minus a given <br />number of basis points from this 2b week treasury-bill yield. Using the Wall Street Journal dated <br />the same day as the certificate of deposit is purchased, the certiftcate of deposit rate will be the <br />26 week T-bill rate published that day in the Wall Street Joumal plus or minus the basis points <br />listed above. <br />