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OFFICIAL BID FORM <br />TO: Ms. S. Katherine Humphreys, Controller <br />City of South Bend <br />1400 County -City Building <br />South Bend, Indiana 46601 <br />RE: $1,800,000 Tax Increment Revenue Bonds of 1988 <br />SALE DATE: February 8, 1988 <br />For the Bonds of this Issue which shall mature and bear interest at the respective annual rates, as <br />follow, we offer a price of $ (Note: This amount may not be less than <br />$1,755,000) and accrued interest to the date of delivery. <br />% 1993 <br />% 1994 <br />% 1995 <br />% 1996 <br />% <br />1997 <br />% <br />1998 <br />% <br />1999 <br />% 2000 <br />% 2001 <br />% 2002 <br />% 2003 <br />% 2004 <br />% 2005 <br />In making this offer we accept all of the terms and conditions of the Official Notice of Sale <br />published in the Addendum to the Official Statement dated January 21, 1988. In the event of failure <br />to deliver these Bonds in accordance with the Official Notice of Sale as printed in the Addendum to <br />the Official Statement and made a part hereof, we reserve the right to withdraw our offer, <br />AplVhereupon the deposit accompanying it will be immediately returned. All blank spaces of this offer <br />e intentional and are not to be construed as an omission. <br />Not as a part of our offer, the above quoted prices being controlling, but only as an aid for the <br />verification of the offer, we have made the following computations: <br />NET INTEREST COST: $ <br />NET EFFECTIVE RATE: % <br />Account Members <br />Account Manager <br />BY: <br />... ............................... . ... .. ... .......... <br />h' <br />e foregoing offer is he accepted by the Issuer on the date of the offer by the following officer <br />my authorized and empowered to make such acceptance. <br />S. Katherine Humphreys, Controller <br />Received good faith check for return to bidder. <br />By <br />