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10 - Issuance of Certificates of Obligation Series 2020
City-of-Paris
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01 - JANUARY
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January 13
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10 - Issuance of Certificates of Obligation Series 2020
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Agent/Registrar. The Paying Agent/Registrar shall also record such information in the Certificate <br />Registration Books, and the Paying Agent/Registrar shall also record in the Certificate Registration <br />Books all payments of principal installments on such Certificate when made on their respective due <br />dates.] <br />THIS CERTIFICATE is issuable in the form of one fully -registered Certificate without <br />coupons in the denomination of $1,500,000 or the remaining principal amount of the outstanding <br />Certificate of this series if an exchange of a Certificate is made after a reduction in the principal <br />amount of the series, either by a payment of a scheduled installment of principal or as a result of <br />redemption of part of the Certificate prior to the maturity date. This Certificate may be transferred <br />or exchanged in whole, but not in part, as provided in the Certificate Ordinance, only upon the <br />registration books kept for that purpose at the above-mentioned office of the Paying Agent/Registrar <br />upon surrender of this Certificate together with a written instrument of transfer or authorization for <br />exchange satisfactory to the Paying Agent/Registrar and duly executed by the registered owner or <br />his duly authorized attorney, and thereupon a new Certificate of the same maturity and in the same <br />aggregate principal amount shall be issued by the Paying Agent/Registrar to the transferee in <br />exchange therefor as provided in the Certificate Ordinance, and upon payment of the charges therein <br />prescribed. The Issuer and the Paying Agent/Registrar may deem and treat the person in whose <br />name this Certificate is registered as the absolute owner hereof for the purpose of receiving payment <br />of, or on account of, the principal or redemption price hereof and interest due hereon and for all <br />other purposes. The Paying Agent/Registrar shall not be required to make any such transfer or <br />exchange (i) during the period commencing with the close of business on any Record Date and <br />ending with the opening of business on the next following principal or interest payment date, or (ii) <br />within 30 days prior to a redemption date. <br />IN THE EVENT any Paying Agent/Registrar for this Certificate is changed by the Issuer, <br />resigns, or otherwise ceases to act as such, the Issuer has covenanted in the Certificate Ordinance <br />that it promptly will appoint a competent and legally qualified substitute therefor, and cause written <br />notice thereof to be mailed to the registered owner of the Certificate. <br />THIS CERTIFICATE shall not be valid or become obligatory for any purpose or be entitled <br />to any security or benefit under the Certificate Ordinance until the Certificate of Authentication shall <br />have been executed by the Paying Agent/Registrar or the Comptroller's Registration Certificate <br />hereon shall have been executed by the Texas Comptroller of Public Accounts. <br />IT IS HEREBY certified, recited, and covenanted that this Certificate has been duly and <br />validly authorized, issued, and delivered; that all acts, conditions, and things required or proper to <br />be performed, exist, and be done precedent to or in the authorization, issuance and delivery of this <br />Certificate have been performed, existed, and been done in accordance with law; that this Certificate <br />is a general obligation of said Issuer, issued on the full faith and credit thereof; and that annual ad <br />valorem taxes sufficient to provide for the payment of the interest on and principal of this <br />Certificate, as such interest comes due and such principal matures, have been levied and ordered to <br />be levied against all taxable property in said Issuer, and have been pledged for such payment, within <br />the limit prescribed by law, and that this Certificate is additionally secured by and payable from a <br />
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