CM-1989-001Seidler -Fitzgerald RECEIVED SEP .2
Public Finance A Division of Seidler Amdec Securities Inc. • Member: New York Stock Exchange, Inc.
September 18, 1989
Mr. Robert L. Bennett, Jr.
City Manager
The City of Round Rock
221 East Main Street
Round Rock, Texas 78664
Dear Mr. Bennett:
We are pleased that Seidler -Fitzgerald Public Finance will be
serving as the City's underwriter in connection with the proposed issuance
and sale by the City of approximately $6,000,000 of Trust Certificates,
the proceeds of which will be used to finance the construction of a first
class regional municipal golf course.
We will work closely with you, the City and bond counsel to structure
the proposed financing. Toward this end the full professional resources
of Seidler -Fitzgerald Public Finance will be available to assist the City
in this matter.
The City agrees that if the financing is established to our mutual
satisfaction, the City will sell or cause to be sold the Trust Certificates
to Seidler -Fitzgerald Public Finance. Terms and provisions of such sale
will be subject to market conditions, approval by Seidler -Fitzgerald
Public Finance of the financial feasibility study and the mutual agreement
of the City and Seidler -Fitzgerald Public Finance.
Accepted this
THE CITY OF _IUND ROCK TE
By
day of
, 1989
Title
vkeMasszr
Sincerely,
SEIDLER-FITZGERALD PUBLIC FINANCE
(a division of SEIDLER AMDEC
SECURITIES INC.)
Jn C. i zger
anaging Director
Cry,— IgSq_001
515 South Figueroa Street • Los Angeles, California 90071-3396 • (213) 624-4232