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1977
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1977
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CITY CLERK
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t <br />NOTICE TO BANKING INSTITUTIONS WITHIN THE CITY OF PARIS <br />Notice is hereby given that the Governing Body of the City of Paris, subject to <br />the provision of Article 2559 to Article 2566A, Revised Civil Statutes of Texas, <br />as amended, will receive Bids and Applications from all interested banking <br />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 <br />from March 1, 1977 through February 26, 1979. Any such applications shall be <br />delivered to the office of the City Clerk in the City Hall prior to 10:00 A. M., <br />February 9, 1977. <br />It is requested that each bank bid by filling in all blanks and agreeing to <br />the following specifications: <br />INTEREST PATES <br />Rate <br />1. Demand Deposits <br />2. Time Deposits <br />Multiple Maturities <br />30 days to 89 days <br />90 days to 1 year <br />1 year to 2 years <br />Compounded when: not compounded <br />Fixed Maturities and /or C.D.'s <br />30 days to 89 days <br />90 days to 1 year <br />1 year to 2 years <br />Compounded when: not compounded <br />3. Charges <br />a. Handling checks and deposits <br />b. handling temporary overdrafts <br />c. Rate of interest on loans <br />EXHIBIT A <br />03 <br />Under <br />$100,000 <br />$100,000 <br />over <br />5.25 <br />5.25 <br />6.00 <br />6.00 <br />6.25 <br />6.25 <br />5.25 <br />5.25 <br />6.00 <br />6.00 <br />6.25 <br />6.25 <br />0 <br />0 <br />6.00% <br />
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