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NOTICE OF BANKING INSTITUTIONS WITHIN THE CITY OF PARIS Notice is hereby given that Governing Body of the City of Paris, subject to the provision of Article 105, Revised Civil Statutes of Texas, as amended, will receive bids and applications from all interested banking institutions within the City of Paris to serve as prime depository of the City of Paris and maintain custody of the funds of the City for a )eriod of two years from March 1, 2003 through February 28, 2005. Any such application shall be delivered to the office of the City Manager in City Hall prior to 3:00 P.M., January 7, 2003. It is required that each bank bid by filling in all blanks and agreeing to the following specifications: Bank will pay to City interest on time deposits in accordance with the following schedule: Certificates of Deposit under $100,000.00 HNB Certificates of Deposit on 360 Maturity RATE day basis. Yields will be higher. 7-13 days T-Bill (Plus)B +1~5 Basic Points(+. 15%) 14-29 days T-Bill (Plus)(~ +15 Basic Points(+.15%) 30-59 days T-Bill (Plus)(~i +15 BasicPoints(+.15%) 60-89 days T-Bill (Plus)(~ +15 Basic Points(+. 15%) 90-179 days T-Bill (Plus)(~ +15 Basic Points(+.15%) 180-365days T-Bill (Plus)(~i +15 Basic Points(+. 15%) Certificates of Deposit over $100,000.00 Maturity RATE 7-13 days T-Bill (Plus)(~) +25 Basic Points(+.25%) 14-29days T-Bill (Plus)(~) +25 Basic Points(+.25%) 30-59days T-Bill (Plus)(~) +25. Basic Points(+.25%) 60-89days T-Bill (Plus)~) +2>~ Basic Points(+.25%) 90-179days T-Bill (Plus)(~) +2> Basic Points(+.25%) 180-365days T-Bill (Plus)(~ +25 Basic Points(+.25%) All investment services offered to other bank customers will be available to the City. The City will accept bids only on the basis herein at~er described. Rates bid must be tied to the Treasury Bill rate effective at the time the certificate is to be purchased. The Bill rate to be used will be the quoted yield in the Wall Street Journal for Bills most closely approximating the maturity of the Certificate of Deposit to be purchased. Bonds should be quoted either plus or minus a given number of basis points from the T-bill yield. The Wall Street Journal to be used will be the paper dated the same day the certificate is purchased.