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<br />nominee, or in whatever name or flames Bondholders transferring or exchanging Bonds shall <br />designate, in accordance with the provisions of this Ordinance. <br /> <br />G) Pavments to Cede & Co. Notwithstanding any other provision of this Ordinance to the <br />contrary, so long as any Bond is registered in the name of Cede & Co., as nominee of DTC, all <br />payments with respect to principal of, premium, ifany, and interest on, or as the case may be, such <br />Bond and all notices with respect to such Bond shall be made and given, respectively, in the manner <br />provided in the representation letter of the Issuer to DTC. <br /> <br />Section 7. FORM OF SUBSTITUTE BONDS. The form of all Bonds issued in conversion <br />and exchange or replacement of any other Bond or portion thereof, including the form of Paying <br />AgentlRegistrar's Certificate to be printed on each of such Bonds, and the Form of Assignment to <br />be printed on each of the Bonds, shall be, respectively, substantially as follows, with such <br />appropriate variations, omissions, or insertions as are permitted or required by this Ordinance. <br /> <br />FORM OF SUBSTITUTE BOND <br /> <br />NO. <br /> <br />PRINCIPAL <br />AMOUNT <br /> <br />UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />COUNTY OF LAMAR <br />CITY OF PARIS, TEXAS <br />WATERWORKS AND SEWER SYSTEM REVENUE BOND <br />SERIES 2000 <br /> <br />INTEREST <br />RATE <br /> <br />MATURITY <br />DATE <br /> <br />DATE OF <br />ORIGINAL ISSUE <br /> <br />CUSIP <br />NO. <br /> <br />March 15,2000 <br /> <br />% <br /> <br />ON THE MATURITY DATE specified above THE CITY OF PARIS, in LAMAR <br />COUNTY, Texas (the "Issuer"), being a political subdivision of the State of Texas, hereby promises <br />to pay to <br /> <br />or to the registered assignee hereof (either being hereinafter called the "registered owner") the <br />principal amount of <br /> <br />and to pay interest thereon from March 15,2000 to the maturity date specified above, or the date of <br />redemption prior to maturity, at the interest rate per annum specified above; with interest being <br />payable on December 15,2000 and semiannually thereafter on each June 15 and December 15, <br />except that if the date of authentication of this Bond is later than November 30, 2000, such principal <br /> <br />15 <br />