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Our calculation, but not constituting any art of the foregoing, of the total interest cost is <br /> $s2,9GG, 7/3 & ', and the true interest cost .3 3�y%. <br /> This bid is submitted in accordance with and subject to all provisions contained in the official Notice <br /> of Sale of Interests in Lease Payments, dated June i L , 1993, and incorporated herein by this <br /> reference. <br /> Bond insurance has_has not X been obtained for the Certificates. The bond insurer, if any <br /> is <br /> A certified or bank cashier's check in the sum of$200,000 payable to the City of Everett is attached <br /> hereto, which check is to be returned to us if this bid is not accepted. If this bid is accepted, this <br /> check shall be cashed and the proceeds may be invested and retained by the City Treasurer and, <br /> when the Certificates are executed and delivered and paid for under the terms of this bid, shall be <br /> considered as an advance part payment thereof, or shall be retained as and for liquidated damages <br /> in case we fail to take up and pay for the financing at the price agreed upon under the terms of this <br /> bid. <br /> Respectfully submitted this 30thday of June 1993. <br /> By: <br /> For: SEATTLE—FIRST NATIONAL BANK <br /> Good faith check returned and receipt thereof acknowledged: <br /> Signed: <br /> For: <br /> v <br />