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20 - General Olbigation Refunding Bonds, Series 2020
City-of-Paris
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20 - General Olbigation Refunding Bonds, Series 2020
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approved by the Attorney General of the State of Texas, shall have attached thereto the <br />Comptroller's Registration Certificate substantially in the form provided in this Ordinance, which <br />Registration Certificate shall be executed by the Comptroller of Public Accounts of the State of <br />Texas or by his duly authorized agent and signed manually, by facsimile, electronically or otherwise <br />by the Comptroller of Public Accounts of the State of Texas, to evidence that the Initial Bond has <br />been duly approved by the Attorney General of the State of Texas and that it is a valid and binding <br />obligation of the Issuer, and has been registered by the Comptroller. <br />(g) Cancellation of Initial Bond. On the closing date, one initial Bond representing the <br />entire principal amount of the Bond, payable in stated installments to the purchaser designated in <br />Section 10 or its designee, executed by manual or facsimile signature of the Mayor and City Clerk <br />of the Issuer, approved by the Attorney General of Texas, and registered and manually signed by <br />the Comptroller of Public Accounts of the State of Texas, and with the date of delivery inserted <br />thereon by the Paying Agent/Registrar, will be delivered to such purchaser or its designee. <br />(h) Limitations on Bond Form and Transfer. The Bond or any bond issued in exchange <br />therefore shall be issued in physical form in the Authorized Denomination, and may be transferred <br />in whole, but not in part. The Bond shall not be made subject to a book -entry system of registration <br />or transfer. The Bond shall not receive a CUSIP number. <br />Section 4. FORM OF BOND. The form of the Bond, including the form of Paying <br />Agent/Registrar's Authentication Certificate, the form of Assignment and the form of Registration <br />Certificate of the Comptroller of Public Accounts of the State of Texas to be attached to the Bond <br />initially issued pursuant to this Ordinance, shall be, respectively, substantially as follows, with such <br />appropriate variations, omissions or insertions as are permitted or required by this Ordinance. <br />(a) [Form of Bond] <br />NO. R- UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />CITY OF PARIS, TEXAS <br />GENERAL OBLIGATION REFUNDING BOND <br />SERIES 2020 <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: <br />DELIVERY DATE <br />PRINCIPAL <br />AMOUNT <br />[$1,775,000] <br />DOLLARS <br />THE CITY OF PARIS, TEXAS (the "Issuer"), being a political subdivision of the State of <br />Texas located in Cooke County, Texas, for value received, promises to pay, from the sources <br />described herein, to the registered owner specified above, or registered assigns, the principal amount <br />specified above, and to pay interest thereon, from the Delivery Date set forth above, on the balance <br />
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