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2024-014 - Approving the issuances and sale of City of Paris Texas Combination and Tax and Surplus Revenue Certificates of Obligation, Series 2024 and approving various documents related to such
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2024-014 - Approving the issuances and sale of City of Paris Texas Combination and Tax and Surplus Revenue Certificates of Obligation, Series 2024 and approving various documents related to such
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3/26/2024 10:16:39 AM
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3/26/2024 10:16:19 AM
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CITY CLERK
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Exhibit A <br />FORM OF CERTIFICATES <br />(a) The form of the Certificates, including the form of Paying Agent/Registrar's <br />Authentication Certificate, the form of Assignment and the form of Registration Certificate of the <br />Comptroller of Public Accounts of the State of Texas to be attached to the Certificates initially <br />issued and delivered pursuant to this Ordinance, shall be, respectively, substantially as follows, <br />with such appropriate variations, omissions or insertions as are permitted or required by this <br />Ordinance. <br />NO. R-_ UNITED STATES OF AMERICA <br />STATE OF TEXAS <br />CITY OF PARIS, TEXAS, <br />COMBINATION TAX AND SURPLUS REVENUE <br />CERTIFICATE OF OBLIGATION, <br />SERIES 2024 <br />Interest Rate <br />Dated Date <br />April 1, 2024 <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: <br />Delivery Date Maturity Date <br />April 8, 2024 June 15, 20_ <br />PRINCIPAL <br />AMOUNT <br />CUSIP No. <br />ON THE MATURITY DATE specified above, the City of Paris, located in Lamar County, <br />Texas (the "City"), being a political subdivision and municipal corporation of the State of Texas, <br />hereby promises to pay to the Registered Owner specified above, or registered assigns (hereinafter <br />called the "Registered Owner"), the Principal Amount specified above. The City promises to pay <br />interest on the unpaid principal amount hereof (calculated on the basis of a 360 -day year of twelve <br />30 -day months) from the Dated Date above at the Interest Rate per annum specified above. Interest <br />is payable on December 15, 2024 and semiannually on each June 15 and December 15 thereafter <br />to the Maturity Date specified above, or the date of redemption prior to maturity; except, if this <br />Certificate is required to be authenticated and the date of its authentication is later than the first <br />Record Date (hereinafter defined), such Principal Amount shall bear interest from the interest <br />payment date next preceding the date of authentication, unless such date of authentication is after <br />any Record Date but on or before the next following interest payment date, in which case such <br />principal amount shall bear interest from such next following interest payment date; provided, <br />however, that if on the date of authentication hereof the interest on the Certificate or Certificates, <br />if any, for which this Certificate is being exchanged is due but has not been paid, then this <br />Certificate shall bear interest from the date to which such interest has been paid in full. <br />THE PRINCIPAL OF AND INTEREST ON this Certificate are payable in lawful money <br />of the United States of America, without exchange or collection charges. The principal of this <br />Certificate shall be paid to the registered owner hereof upon presentation and surrender of this <br />Certificate at maturity, or upon the date fixed for its redemption prior to maturity, at the principal <br />corporate trust office of BOKF, NA, Dallas, Texas, which is the "Paying Agent/Registrar" for this <br />A-1 <br />
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