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2016-037 - Authorizing the issuance of the City’s General Obligation Bonds, Series 2016; approving the use of a paying agent/registrar agreement; engaging bond counsel ....
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2016-037 - Authorizing the issuance of the City’s General Obligation Bonds, Series 2016; approving the use of a paying agent/registrar agreement; engaging bond counsel ....
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12/13/2016 9:26:14 AM
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12/13/2016 9:23:43 AM
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CITY CLERK
CITY CLERK - Date
12/5/2016
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I hereby certify that this Bond has been examined, certified as to validity and approved by <br />the Attorney General of the State of Texas, and that this Bond has been registered by the <br />Comptroller of Public Accounts of the State of Texas. <br />Witness my signature and seal this <br />Comptroller of Public Accounts of the State of Texas <br />(COMPTROLLER'S SEAL) <br />(e) Initial Bond Insertions. <br />(i) The initial Bond shall be in the form set forth is paragraph (a) of this Section, <br />except that: <br />A. immediately under the name of the Bond, the headings "Interest Rate" and <br />"Maturity Date" shall both be completed with the words "As shown below" and <br />"CUSIP No. " shall be deleted. <br />B. the first paragraph shall be deleted and the following will be inserted: <br />"THE CITY OF PARIS, TEXAS, in Lamar County, Texas (the "Issuer "), being a political <br />subdivision and municipal corporation of the State of Texas, hereby promises to pay to the <br />Registered Owner specified above, or registered assigns (hereinafter called the "Registered Owner "), <br />on December 15 in each of the years, in the principal installments and bearing interest at the per <br />annum rates set forth in the following schedule: <br />14 <br />Principal <br />Interest <br />Years <br />Installments <br />Rates <br />2017 <br />$ 380,000 <br />2.00% <br />2018 <br />455,000 <br />3.00 <br />2019 <br />495,000 <br />3.00 <br />2020 <br />550,000 <br />3.00 <br />2021 <br />340,000 <br />3.00 <br />2022 <br />355,000 <br />3.00 <br />2023 <br />365,000 <br />3.00 <br />2024 <br />375,000 <br />3.00 <br />2025 <br />385,000 <br />3.00 <br />2026 <br />395,000 <br />4.00 <br />2036 <br />4,685,000 <br />3.10 <br />14 <br />
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