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CITY OF EVERETT
<br /> SNOHOMISH COUNTY, WASHINGTON
<br /> $5,384,000
<br /> LIMITED TAX LEVY GENERAL OBLIGATION BONDS, 1990 SERIES A
<br /> BID FORM
<br /> William Cushman
<br /> Director Office of Financial Management
<br /> City of Everett
<br /> Everett,Washington
<br /> Dear Sir:
<br /> For $5,384,000 (Five Million Three Hundred Eighty-four Thousand Dollars) par value Limited Tax Levy
<br /> General Obligation Bonds, 1990, Series A (the "Bonds") of the City of Everett, Washington, to be dated
<br /> October 1, 1990 and maturing serially on December 1 of each of the years 1991 through 2008, in the amounts
<br /> shown herein, with interest payable semiannually on the first days of June and December of each year
<br /> cimmencing on June 1, 1991, at the rate or rates specified herein until the Bonds are paid, we will pay
<br /> Vo i 303. 5'411. 69 plus accrued interest from October 1, 1990 to the date of delivery of the Bonds to us.
<br /> The schedule of maturities,interest rate or rates, the total interest cost, and the true interest rate upon which
<br /> this bid is based, with interest computed from October 1, 1990, to the maturity dates of the Bonds, are as
<br /> follows:
<br /> Maturity Principal Interest Maturity Principal Interest
<br /> Year Amount Elite Year Amount Bilk
<br /> 1991 $164,000 '1.J5 % 2000 $290,000 _CO1
<br /> 1992 175,000 2001 310,000 1-c'7C%
<br /> 1993 185,000 (...-+. 0% 2002 330,000 ' . C %
<br /> 1994 200,000 J-.. ?% 2003 355,000 .`.i4 %
<br /> 1995 210,000 ( .3c, % 2004 380,000 1.10%
<br /> 1996 225,000 cp we% 2005 405,000 7.Q'%
<br /> 1997 240,000 le-_1 G % 2006 430,000 %
<br /> 1998 255,000 (c,t'9% 2007 465,000 �
<br /> 1,`,%
<br /> 1999 270,000 tc.(IQ% 2008 495,000 7-J5%
<br /> Our calculation,but not constituting any part of the foregoing,of the total interest cost is$ 4,434 00-).ci4
<br /> and of the true interest cost is %.1, c 1 ►1 7P
<br /> This bid is submitted in accordance with and subject to all provisions contained in the official Notice of Bond
<br /> Sale dated September 21, 1990 and incorporated herein by reference.
<br /> A certified or bank cashier's check in the sum of$ 1 C0000.CZ.)payable to the City of Everett is attached
<br /> hereto which check is to be returned to us if this bid is riot �accepted. If this bid is accepted,said check shall be
<br /> cashed and the proceeds may be invested and retained by the City Treasurer and when the Bonds are delivered
<br /> and paid for under the terms of this bid, shall be considered as an advance part payment thereof, or shall be
<br /> retained as and for liquidated damages in case we fail to take up and pay for the Bonds at the price agreed upon
<br /> under the terms of this bid.
<br /> Respectfully submitted this 3rd day of October, 1990.
<br /> op 4
<br /> By: /
<br /> ;
<br /> For. John A. Tresch, ' .P. & Reg'1 Manager
<br /> MERRILL LYNCH CAPITAL MARKETS
<br /> 400 So. Hope Street, 19th Floor
<br /> Good faith check returned and Los Angeles, CA 90071-9737
<br /> receipt thereof acknowledged.
<br /> Signed:
<br /> For:
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