2026-008 - Approve issuance of Tax Notes, Series 2026

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Exhibit "F" CERTIFICATE OF ELECTION PURSUANT TO SECTION 148(f)(4)(C) OF THE INTERNAL REVENUE CODE OF 1986 I, the undersigned, being the duly authorized representative of the City of Paris, Texas (the "Issuer") hereby state that the Issuer elects the provisions of section 148(f)(4)(C) of the Internal Revenue Code of 1986 (the "Code"), relating to the exception to arbitrage rebate for temporary investments, as more specifically designated below, with respect to the Issuer's Tax Notes, Series 2026 (the "Notes") which are being issued on the date of delivery of the Notes. The CUSIP Number for the Notes is stated on the Form 8038-G filed in connection with the Notes. The Issuer intends to take action to comply with the two-year temporary investments exception to rebate afforded construction bonds under section 148(f)(4)(C) of the Code or any of the other exceptions available to the Issuer in accordance with section 1.148-7 of the Treasury Regulations. Capitalized terms have the same meaning as defined in the Federal Tax Certificate. ® 1. PENALTY ELECTION. In the event that the Issuer should fail to expend the "available construction proceeds" of the Notes in accordance with the provisions of section 148(f)(4)(C) of the Code, the Issuer elects, in lieu of rebate, the penalty provisions of section 148(f)(4)(C)(vii)(I) of the Code. ® 2. RESERVE FUND ELECTION. The Issuer elects to exclude from "available construction proceeds," within the meaning of section 148(f)(4)(C)(vi) of the Code, of the Notes, earnings on the Reserve Fund in accordance with section 148(f)(4)(C)(vi)(IV) of the Code. ® 3. MULTIPURPOSE ELECTION. The Issuer elects to treat that portion of the Notes the proceeds of which are to be used for the payment of expenditures for construction, reconstruction or rehabilitation of the Projects, as defined in the instrument authorizing the issuance of the Notes, in an amount which is currently expected to be equal to S as a separate issue in accordance with the provisions of section 148('f)(4)(C)(v)(II) of the Code. (Note: This election is not necessary unless less than 75 percent of the proceeds of the Notes will be used for construction, reconstruction: or renovation.) ® 4. ACTUAL FACTS. For purposes of determining compliance with section 148(f)(4)(c) of the Code (other than qualification of the Notes as a qualified construction issue), the Issuer elects to use actual facts rather than reasonable expectations. X® 5. NO ELECTION. The Issuer understands that the elections which are adopted as evidenced by the check in the box adjacent to the applicable provision are irrevocable. Further, the Issuer understands that qualification of the Notes for eligibility for the exclusion from the rebate requirement set forth in section 148(f) of the Code is based on subsequent events and is unaffected by the Issuer's expectations of such events as of the date of delivery of the Notes. Accordingly, while failure to execute this certificate and to deli, -nate the intended election does not preclude qualification it would preclude the Issuer from the relief afforded by such election. DATED: May 27, 2026. City of Paris, Texas By: Mayor P.O. Box 9037 Paris, Texas 75461 Employer I.D. Number: 75-6000635