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EXHIBIT B- NOTICE OF REDEMPTION
<br />NOTICE OF REDEMPTION
<br />CITY OF PARIS, TEXAS
<br />CUSIP Prefix No. 699891
<br />NOTICE IS HEREBY GI VEN that the City of Paris, Texas has called for redemption the outstanding
<br />Certificates of Obligation and Bonds of the City described as follows (collectively, the "Refunded
<br />Obligations"):
<br />City of Paris, Texas Tax and Revenue Refunding Bonds, Series 1998, dated September
<br />1, 1998, maturing December 15, 2010 and December 15, 2011, in the aggregate principal
<br />amount of $1,390,000 (the "Series 1998 Tax and Revenue Bonds"), to the call date of the
<br />Series 1998 Tax and Revenue Bonds so called for redemption at The Bank of New York
<br />Mellon Trust Company, N.A. Call date: March 2, 2010.
<br />Original
<br />Principal
<br />Maturity
<br />Principal
<br />Amount to CUSIP
<br />Date
<br />Amount
<br />be Redeemed Suffix
<br />12/15/2010
<br />$675,000
<br />$675,000
<br />12/15/2011
<br />715,000
<br />715.000
<br />$1,390,000
<br />$1,390,000
<br />On March 2, 2010, interest on the Series 1998 Tax and Revenue Bonds shall cease to accrue
<br />and be payable.
<br />City of Paris, Texas Combination Tax and Revenue Certificates of Obligation, Series
<br />2000, dated March 15, 2000, maturing December 15, 2010 through December 15, 2019, in
<br />the aggregate principal amount of $3,895,000 (the "Series 2000 Certificates of Obligation"),
<br />to the call date of the Series 2000 Certificates of Obligation so called for redemption at The
<br />Bank of New York Mellon Trust Company, N.A. Call date: March 2, 2010.
<br />Original
<br />Principal
<br />Maturity
<br />Principal
<br />Amount to CUSIP
<br />Date
<br />Amount
<br />be Redeemed Suffix
<br />12/15/2010
<br />$295,000
<br />$295,000
<br />12/15/2011
<br />315,000
<br />315,000
<br />12/15/2012
<br />335,000
<br />335,000
<br />12/15/2013
<br />350,000
<br />350,000
<br />12/15/2014
<br />375,000
<br />375,000
<br />12/15/2015
<br />395,000
<br />395,000
<br />12/15/2016
<br />420,000
<br />420,000
<br />12/15/2017
<br />445,000
<br />445,000
<br />12/15/2018
<br />470,000
<br />470,000
<br />12/15/2019
<br />495,000
<br />495,000
<br />B-1
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