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2025-018 - Approving the issuance and sale of City of Paris Special Assessment Revenue Bonds, Series 2025 (Forestbrook Public Improvement District No. 1 Improvement Area #1 Project)” and approving various documents related to such bonds.
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2025-018 - Approving the issuance and sale of City of Paris Special Assessment Revenue Bonds, Series 2025 (Forestbrook Public Improvement District No. 1 Improvement Area #1 Project)” and approving various documents related to such bonds.
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12/31/2025 10:25:29 AM
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12/31/2025 10:25:23 AM
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CITY CLERK
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AFTER RECORDING RETURN TO: <br />\[City Secretary Name\] <br />\[City Secretary Address\] <br />NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU <br />MAY REMOVE OR STRIKE ANY OR ALL OF THE FOLLOWING INFORMATION <br />FROM ANY INSTRUMENT THAT TRANSFERS AN INTEREST IN REAL PROPERTY <br />BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL <br />SECURITY NUMBER OR YOUR DRIVER'S LICENSE NUMBER. <br />FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN <br />STATE OF TEXAS § <br />§ KNOW ALL MEN BY THESE PRESENTS: <br />COUNTY OF LAMAR § <br />THIS FULL RELEASE OF PUBLIC IMPROVEMENT DISTRICT LIEN (this "Full <br />Release") is executed and delivered as of the Effective Date by the City of Paris, Texas, a Texas <br />home rule municipality (the “City”). <br />RECITALS <br />WHEREAS, the governing body (hereinafter referred to as the "City Council") of the City, <br />Texas is authorized by Chapter 372, Texas Local Government Code, as amended (hereinafter <br />referred to as the "Act"), to create public improvement districts within the corporate limits of the <br />City; and <br />WHEREAS, on October 14, 2024, the City Council of the City approved Resolution No. <br />2024-044 creating the Forestbrook Public Improvement District No. 1 (the “District”); and <br />WHEREAS, the District consists of approximately 59.621 contiguous acres within the <br />corporate limits of the City; and <br />WHEREAS, on ____________, the City Council, approved Ordinance No. __________, <br />(hereinafter referred to as the "Assessment Ordinance") approving a service and assessment plan and <br />assessment roll for the real property located with the District, the Assessment Ordinance being <br />recorded on _____________, as Instrument No. ________ in the Official Public Records of Lamar <br />County, Texas; and <br />WHEREAS, the Assessment Ordinance imposed an assessment in the amount of \[amount\] <br />(hereinafter referred to as the "Lien Amount") and further imposed a lien to secure the payment of <br />the Lien Amount (the “Lien”) against the following property located within the District, to wit: <br />GPSFTUCSPPLQVCMJD!JNQSPWFNFOU!EJTUSJDU!OP/!2! <br />56! <br />BNFOEFE!BOE!SFTUBUFE!TFSWJDF!BOE!BTTFTTNFOU!QMBO! <br /> <br />
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