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SOUTHEST S100HITIES INCORPORATED lvlarch 5, 1992 Honorable Mayor and City Council City of Paris P., 0. Box 9037 Paris, Texas 75461' Ladies and Gentlemen: We were employed by the City of Paris, Texas (the "City ") as your Financial Advisor in connection with the authorization and sale of this $9,700,000 Waterworks and Sewer System Revenue Bonds, Series 1992 (the "Bonds "). In accordance with requirements of Rule G- 23(d)(ii) of the Municipal Securities. Rulemaking Board ( "MSRB "); a municipal securities dealer acting as a financial advisor to an issuer must have written consent from the issuer to submit a competitive bid for the Bonds either 1ndependcntly or as a member of a syndicate organized to submit a bid for the Bonds. T"nerefore, in order to allow us to bid on the Bonds and to evidence compliance with MSRB Rule G- 23(d)(ii), please execute this letter and return to us for our permanent records. Respectfully submitted, By K� Z�?' a4V1';2L--" — Dan A. Almon, Senior Vice President CONSENT AGREEMENT On behalf of the City of Paris, Texas, the undersigned hereby expressly. consents to the submission of a competitive bid by Southwest Securities Incorporated either independently or as a member of a syndicate organized to submit a bid for the Bonds to be offered for sale on March 30, 1992. ATTEST: By. ('eor e Fisher T g Title: Tlayor Mattie Cunningham, City Clerk MEMBER: NEW YORK STOCK EXCHANGE. INC. 1201 ELM STREET. SUITE 4304 * DALLAS. TEXAS 75270 EXHIBIT A Resolution No. 92 -015, resolving that the Mayor of the City of Paris, George Fisher, be, and he is hereby authorized and directed on behalf of the City of Paris to execute the Plan Sheet for the State Project MCSP entitled Older Driver Improvements, was presented. A motion was made by Councilwoman Smith, seconded by Councilman Shelton for approval of the resolution. The motion carried 7 ayes, 0 nays.