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<br />-- <br /> <br />--. <br /> <br />CITY OF PARIS, TEXAS <br />NOTICE OF INTENTION TO ISSUE COMBINATION TAX AND REVENUE <br />CERTIFICATES OF OBLIGATION, SERIES 2002 <br />IN THE PRINCIPAL AMOUNT OF $6,060,000 <br /> <br />The City of Paris does hereby give notice of intention to issue Certificates of Obligation, Series <br />2002, in the maximum principal amount not to exceed $6,060,000.00, for paying all or a portion <br />of the City's contractual obligations for the purpose of acquiring an 83,000 sq. ft. building situated <br />on 23 acres, being referred to as the DARCO Building, which will be converted to a law <br />enforcement center for police, courts and jail, and other improvements related thereto; and for <br />paying legal, fiscal, architectural and engineering fees in connection with these projects. The City <br />proposes to provide for the payment of such Certificates of Obligation from the levy and collection <br />of ad valorem taxes in the City as provided by law, and from limited surplus revenues of the <br />City's Waterworks and Sewer System, remaining after payment of all operation and maintenance <br />expenses thereof, and all debt service, reserve, and other requirements in connection with all of <br />the City's revenue bonds or other obligations (now or hereafter outstanding), which are payable <br />from all or any part of the Net Revenues of the City's Waterworks and Sewer System. The City <br />Council intends to consider for passage, at its Regular Meeting to be held at 6:00 P.M. on August <br />8,2002, an Ordinance authorizing the issuance of Combination Tax and Revenue Certificates of <br />Obligation, Series 2002, in the City Council Meeting Room at the City Hall, Paris, Texas. <br /> <br />Michael J. Pfiester, Mayor <br /> <br />EXIDBIT A <br />