98-040 ORD AUTHORIZE TEXAS TAX AND REVENUE REFUNDING BONDS, SERIES 1998

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EXHIBIT D NOTICE OF REDEMPTION NOTICE IS HEREBY GIVEN that the City of Pazis, Texas has called for redemption the Outstanding Revenue Bonds of the City described as follows: City of Paris, Texas Tax and Revenue Refunding Bonds, Series 1991, dated November 1, 1991, maturing December 15, 2002 through December 15, 2011, in the principal amount of $5,380,000, to call date of the Bonds so called for redemption at The Bank of New York, New York, New York. (successor to NCNB Texas, Dallas, Texas). Date: December 15, 2001. On December 15, 2001, 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 Bonds and in accordance with the recitals and provisions of said Bonds. NOTICE IS GIVEN that due and proper arrangements have been made for providing the place of payment of said Bonds called for redemption with funds sufficient to pay the principal amount of said Bonds and the interest thereon to the redemption date. In the event said Bonds, or any of them are not presented for redemption by the date fixed for their redemption, they shall not thereafter bear interest. NOTICE IS FURTHER GIVEN that the Bonds should be submitted to either of the following addresses: In Writine The Bank of New York Attn: Redemption Department 1301 Fannin Street, Suite 2250 Houston, Texas 77002 Chazles Neely, Mayor