2003-032-ORD AUTHORIZING ISSUANCE OF COP TEXAS GENERAL OBLIGATION REFUNDING BONDS SERIES 2003

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NOTICE OF REDEMPTION NOTICE IS HEREBY GIVEN that the City of Paris, Texas has called for redemption the outstanding Certificates of Obligation of the City described as follows: CITY OF PARIS, TEXAS Certificates of ObligatDn, Series 1994, dated August 15, 1994, maturities December 15, 2005 through December 15,2014, in the aggregate principal amount of $3,485,000, to call date of the Bonds so called for redemption at Bank of OklahOIIUL Call date: December 15, 2004. On December 15, 2004, interest on the Bonds shall cease to accrue and be payable. THIS NOTICE is issued and given pursuant to the redemption provisions in the proceedings authorizing the issuance of the aforementioned Certificates of Obligation and in accordance with the recitals and provisions of said Certificates of Obligation. NOTICE IS GWEN that due and proper armngements have been made for providing the place of payment of said Certificates of Obligation called for redemption with funds sufficient to pay the principal amount of said Certificates of Obligation and the interest thereon to the redemption date. In the event said Certificates of Obligation, or any of them are not presented for redemption by the date fixed for their redemption, they shall not thereafter bear interest. IN COMPilANCE with the Economic Growth and Tax Relief Reconciliation Act of 2001 (the "Act"), the broker reporting requirements, the redeeming institution is required to withhold 300/0 of the principal amount of your holdings redeemed unless they are provided with a W-9 Form certifYing your social security number or federal employer tax identification number. NOTICE IS FURTIffiR GWEN that the Certificates of Obligation should be submitted to either of the following addresses: Mail Delivery or Hand Delivery Bank of Oklahoma Corporate Trust Opemtions One Williams Center, 10m Floor Tulsa, Oklahoma 74172 Curtis Fendley, Mayor City of Paris