<br />NOTICE OF INTENTION TO ISSUE
<br />CITY OF PARIS, PARIS, TEXAS ,WATERWORKS
<br />AND SEWER SYSTEM REVENUE BONDS,
<br />SERIES 1997
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<br />Notice is hereby given, in accordance with Article 2368a, V.A.T.C.S. and Chapter 252 of the
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<br />Local Government Code, that the City Council of the City of Paris, Paris, Texas, intends to consider
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<br />for passage at a Regular Meeting to be held at 6:00 p.m., on February 10, 1997, in the Council
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<br />Chambers at City Hall, 135 1st Street S.E., Paris, Texas, an ordinance authorizing the issuance, sale,
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<br />and delivery of an issue of bonds to be designated as "City of Paris, Paris, Texas, Waterworks and
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<br />Sewer System Revenue Bonds, Series 1997," in a maximum principal amount not to exceed five
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<br />million dollars ($5,000,000.00), for the purpose of improving and extending the City's waterworks
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<br />and sewer system, with such bonds to be payable from and secured by a first lien on and pledge of
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<br />the net revenues of the City's combined waterworks and sewer system, all as will be further
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<br />described, defined, and provided in the aforesaid ordinance. Said bonds will bear interest at
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<br />maximum rates not to exceed fifteen percent (15%) per annum, being the maximum permitted by
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<br />Article 7l7k-2, V.A.T.C.S., and will be scheduled to mature serially within a maximum of not to
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<br />exceed thirty (30) years from their date, and will be subject to redemption prior to maturity, and will
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<br />have such other and further characteristics as will be provided in the aforesaid ordinance, with such
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<br />bonds being authorized, issued, sold, and delivered pursuant to Articles 1111 through 1118,
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<br />V.A.T.C.S.
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<br />Eric S. Clifford, Mayor
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