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Ord 2010-063-1
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Ord 2010-063-1
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1/23/2015 9:32:40 AM
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GrantThornton <br />Report of Independent Certified Public Accountants <br />On Applying Agreed -Upon Procedures <br />City of Marcos <br />630 East Hopkins <br />San Marcos, Texas <br />McCall, Parkhurst & Horton L.L.P. <br />600 Congress Avenue, Suite 1800 <br />Austin, Texas <br />SAMCO Capital Markets, Inc. <br />1700 Pacific Avenue, Suite 2000 <br />Dallas, Texas <br />Specialized Public Finance Inc. <br />7000 North MoPac Expressway, Suite 410 <br />Austin, Texas <br />Audit • Tax • Advisory <br />Grant Thornton LLP <br />200 S 6th Street, Suite 500 <br />Minneapolis, MN 55402 -1459 <br />T 612.332.0001 <br />F 612.332.8361 <br />www.GrantThornton.com <br />The Bank of New York Mellon <br />Trust Company, National Association <br />2001 Bryan Street, 11th Floor <br />Dallas, Texas <br />Texas Attorney General's Office <br />300 West 15th Street, Seventh Floor <br />Austin, Texas <br />$17,210,000 <br />City of San Marcos, Texas <br />(Hays, Caldwell and Guadalupe Counties) <br />General Obligation Refunding Bonds, Series 2010 <br />Dated November 1, 2010 <br />We have performed the procedures described in this report, which were agreed to by the City <br />of San Marcos, Texas (the "City ") and Specialized Public Finance Inc. (the "Financial <br />Advisor "), to verify the mathematical accuracy of certain computations contained in the <br />schedules attached in Appendix I provided by the Financial Advisor. The Financial Advisor is <br />responsible for these schedules. These procedures were performed solely to assist you in the <br />issuance of the above - captioned bond issue (the "Bonds ") for the purpose of refunding <br />portions of the City's outstanding Combination Tax and Revenue Certificates of Obligation, <br />Series 2001 (the "2001 Certificates "), Combination Tax and Revenue Certificates of Obligation, <br />Series 2002 (the "2002 Certificates "), Combination Tax and Revenue Certificates of Obligation, <br />Series 2003 (the "2003 Certificates "), and Waterworks and Waste Water System Revenue <br />Bonds, Series 2003 (the "2003 Bonds ") (collectively referred to as the "Refunded Obligations ") <br />as summarized on the next page. This engagement was performed in accordance with <br />Statements on Standards for Attestation Engagements established by the American Institute of <br />Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of <br />the addressees of this report who are the specified parties. Consequently, we make no <br />representation regarding the sufficiency of the procedures described in this report either for the <br />purpose for which this report has been requested or for any other purpose. <br />Grant Thornton LLP <br />U.S. member firm of Grant Thornton International Ltd <br />
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