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1999
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1999
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9/2/2015 9:15:15 AM
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CITY CLERK
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326 <br />yield.'. -The Wall Street Journal to be used will be the paper dated the same day the certificate is <br />purchased. <br />Charges <br />List any service charges that will be levied against the City. NONE <br />In addition to the normal services and supplies furnished by the depository bank, the following <br />services are standard and common to most depository contracts. The following services are to <br />be furnished at no charge to the City of Paris: <br />Triplicate form Deposit Slips <br />Bond and Coupon Service <br />Parking Facilities <br />Safe Deposit Boxes <br />Coin Wrappers <br />Night Depository Service, including Bags and Keys <br />Traveler's and Cashier's Checks <br />Daily Balance on Each Account <br />Money Orders <br />Bidders are requested to submit any further concessions or services in the space provided <br />herein which they may want to offer to the City of Paris and make any comment as further <br />consideration in selecting the City's Depository. <br />All monies which are deposited into the depository under the provisions of this proposal shall <br />be continuously secured, in accordance with the laws of the State of Texas applicable thereto, <br />by a valid pledge of par, exclusive of accrued interest, at all times at least equal to the total �I <br />amount of money on deposit in said several funds on deposit in the depository. <br />All time deposits or time Certificates of Deposit which have not elapsed on the termination <br />date of the finally approved depository contract, shall remain on deposit with the same <br />depository under the same terms and conditions in effect during said contract until the date <br />such time deposits have elapsed. <br />Funds from Bond sales may be deposited in the City Depository or placed in outside <br />investments. <br />The City of Paris reserves the right to accept or reject any or all bids, to waive formalities, and <br />to accept the bid the City considers the most advantageous. The City also reserves the right to <br />place or invest part or all of any of its surplus or excess funds outside the designated <br />depository, in any manner permitted by law, from time to time throughout the term of the <br />contract. <br />
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