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Agenda Packet
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06-09-2025
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Agenda Packet
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Exhibit A <br />FORM OF NOTE <br />(a) Form of Note. The form of the Notes, including the form of Paying <br />Agent/Registrar's Authentication Note, the form of Assignment and the form of Registration Note <br />of the Comptroller of Public Accounts of the State of Texas to be attached to the Notes 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- <br />PRINCIPAL <br />UNITED STATES OF AMERICA <br />AMOUNT <br />STATE OF TEXAS <br />CITY OF PARIS, TEXAS <br />TAX NOTES, SERIES 2025 <br />INTEREST DELIVERY MATURITY <br />RATE DATE DATE <br />CUSIP NO. <br />% July 23, 2025 March 1, 20_ <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: <br />ON THE MATURITY DATE specified above, the City of Paris, in Lamar County, Texas <br />(the "City"), being a political subdivision and municipal corporation of the State of Texas, hereby <br />promises to pay to the Registered Owner specified above, or registered assigns (hereinafter called <br />the "Registered Owner"), on the Maturity Date specified above, the Principal Amount specified <br />above. The City promises to pay interest on the unpaid principal amount hereof (calculated on the <br />basis of a 360 -day year of twelve 30 -day months) from the Dated Date above at the Interest Rate <br />per annum specified above. Interest is payable on March 1, 2026 and semiannually on each <br />September 1 and March 1 thereafter to the Maturity Date specified above; except, if this Note is <br />required to be authenticated and the date of its authentication is later than the first Record Date <br />(hereinafter defined), such Principal Amount shall bear interest from the interest payment date <br />next preceding the date of authentication, unless such date of authentication is after any Record <br />Date but on or before the next following interest payment date, in which case such principal <br />amount shall bear interest from such next following interest payment date; provided, however, that <br />if on the date of authentication hereof the interest on the Note or Notes, if any, for which this Note <br />is being exchanged is due but has not been paid, then this Note shall bear interest from the date to <br />which such interest has been paid in full. <br />THE PRINCIPAL OF AND INTEREST ON this Note are payable in lawful money of the <br />United States of America, without exchange or collection charges. The principal of this Note shall <br />be paid to the registered owner hereof upon presentation and surrender of this Note at maturity at <br />the principal corporate trust office of BOKF, NA, Dallas, Texas, which is the "Paying <br />A-1 <br />
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