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ORDINANCE AUTHORIZING THE ISSUANCE OF BONDS <br />THE STATE OF TEXAS . <br />COLTNTY OF LAMAR . <br />CITY OF PARIS . <br />DESCRIPTIVE CAPTION <br />ORDINANCE N0. 1760 <br />BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />TEXAS, AUTHORIZING THE ISSUANCE AND DELIVERY <br />OF: CITY OF PARIS WATERWORKS AND SEWER <br />SYSTEM JUNIOR LIEN REVENUE BONDS, SERIES <br />1966, $2,300,000.00; PLEDGING THE REVENUES <br />OF THE CITY'S WATERWORKS AND SEWER SYSTEM <br />TO THE PAYMENT OF THE PRINCIPAL AND INTEREST <br />OF SAID BONDS; AND ORDAINING OTHER MATTERS <br />PERTAINING THERETO. <br />WHEREAS, the following bonds of trle City of Paris, <br />Texas, are presently outstanding: <br />Waterworks and Sewer Improvement and <br />Extension Revenue Bonds, Series 1952, <br />in the aggregate amount of $550,000, <br />for the purpose of improving and extend- <br />ing the City`s Waterworks and Sewer System, <br />now outstanding in the principal amount <br />of $235,000; <br />f Waterworks and Sewer Revenue Reiunding <br />' Bonds, Series 1957, in the aggregate <br /> <br />amount of $1,000,000, for the purpose <br />of refunding, cancelling and in lieu <br />of a like amount of br~nded indebtedness <br />of the City's Waterworks and Sewer System, <br />now outstanding in the principal amount <br />' of $888,000; <br />Waterworks and Sewer Revenue Refunding <br />Bonds, Series 1957-A, in the aggregate <br />amount of $1,000,000, for the purpose <br />of refunding, cancelling and in lieu of , <br />a like amount of bonded indebtedness of the <br />City's Waterworks and Sewer System, now <br />outstanding in the principal amount of -$868,000; <br />; <br />