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1998-11-09-PEDC
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1998-11-09-PEDC
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Last modified
8/18/2006 4:35:56 PM
Creation date
3/6/2001 4:04:54 PM
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CITY CLERK
Doc Name
1998
Doc Type
Minutes
CITY CLERK - Date
11/9/1998
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418 <br /> <br /> EXHIBIT B <br /> <br /> NOTICE OF PREPAYMENT <br /> <br /> Mr. P. R. Cecil, President <br /> Liberty National Bank <br /> 305 Lamar Ave. <br /> Paris, Texas 75460 <br /> <br /> Re: Note of Paris Economic Development Corporation <br /> Dated July 15, 1998 in the original principal amount <br /> of $4,000,000 <br /> <br /> Dear Mr. Cecil: <br /> <br /> Please be advised that this letter which constitutes a Notice of Prepayment of the captioned Note on <br /> December 10, 1998. The Corporation will transfer to your bank the settlement price for prepayment <br /> of the Note in the outstanding principal amount of $3,966,090.88 and accrued interest to date of <br /> prepayment of $18,254.88 for a total amount of $3,984,345.76. <br /> <br /> Sincerely, <br /> <br /> PARIS ECONOMIC DEVELOPMENT CORPORATION <br /> <br /> President, Board of Directors <br /> <br /> cc: Don McLaughlin <br /> <br /> 29 <br /> <br /> <br />
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