Laserfiche WebLink
<br /> <br /> <br /> <br /> <br /> <br /> FORM OF SUBSTITUTE BOND <br /> <br /> NO. PRINCIPAL <br /> AMOUNT <br /> $ <br /> UNITED STATES OF AMERICA <br /> STATE OF TEXP,S <br /> COUNTY OF LAMAR <br /> CITY OF PARIS, TEXAS <br /> WATERWORKS AND SEWER SYSTEM PRIOR LIEN REVENUE BOND <br /> SERIES 1988 <br /> DATE OF <br /> INTEREST RATE MATURITY DATE ORIGINAL ISSUE CUSIP NO. <br /> September 15, 1988 <br /> ON THE MATURITY DATE specified above, THE CITY OF <br /> PARIS, in Lamar County, Texas (the "Issuer"), being a <br /> political subdivision of the State of Texas, hereby promises <br /> to pay to <br /> or to the registered assignee hereof (either being herein- <br /> after called the "registered owner") the principal amount of <br /> <br /> and to pay interest thereon from September 15, 1988 to the <br /> maturity date specified above, or the date of redemption <br /> prior to maturity, with interest being payable on June 15, <br /> 1989 and semiannually on each December 15 and June 15 <br /> thereafter, at the interest rate per annum specified above; <br /> except that if the date of authentication of this Bond is <br /> later than May 31, 1989, the first scheduled Record Date for <br /> the Initial Bond, such principal amount shall bear interest <br /> from the interest payment date next preceding the date of <br /> authentication, unless such date of authentication is after <br /> any Record Date (hereinafter defined) but on or before the <br /> next following interest payment date, in which case such <br /> principal amount shall bear interest from such next follow- <br /> ing interest payment date. <br /> THE PRINCIPAL OF AND INTEREST ON this Bond are payable <br /> in lawful money of the United States of America, without <br /> exchange or collection charges. The principal of this Bond <br /> shall be paid to the registered owner hereof upon presenta- <br /> tion and surrender of this Bond at maturity or upon the date <br /> fixed for its redemption prior to maturity, at the principal <br /> corporate trust office of NCNB Texas National Bank, Dallas, <br /> Texas, which is the "Paying Agent/Registrar" for this Bond. <br /> The payment of interest on this Bond shall be made by the <br /> Paying Agent/Registrar to the registered owner hereof on <br /> each interest payment date by check or draft, dated as of <br /> such interest payment date, drawn by the Paying Agent/Regis- <br /> trar on, and payable solely from, funds of the Issuer <br /> required by the ordinance authorizing the issuance of the <br /> 16 <br />