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<br />SELECTED DATA fROM THE OffICIAL STATEMENT
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<br />The selected data on this page is subject in all respects to the more complete information and definitions
<br />contained or incorporated in this Official Statement. The offering of the Bonds to potential investors is
<br />made only by means of this entire Official Statement. No person is authorized to detach this data page
<br />from this Official Statement or to otherwise use it without the entire Official Statement.
<br />
<br />This data page was prepared to present the purchasers of the Bonds information concerning the Bonds, the
<br />revenues pledged to payment of the Bonds, the description of the revenue base and other pertinent da ta,
<br />aJJ as more fully described herein.
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<br />The Issuer _nnn__n_n
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<br />The City of San Marcos, Texas is a political subdivision located in Hays County
<br />operating as a home-rule city under th.e laws of the State of Texas and a
<br />charter approved by the voters in 1967. The City operates under the
<br />Council/Manager form of government where the mayor is elected for a two-
<br />year term and six council members are elected for staggered three-year terms.
<br />The Council formulates operating policy for the City while the City Manager
<br />is the chief administrative officer.
<br />
<br />The City is approximately 18..51 square miles in area (see Appendix A-
<br />"General Information Regarding the City").
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<br />The Bonds------n_____- The Bonds are being issued in the principal amount of $2,660,000 pursuant to
<br />the general laws of the State of Texas, particularly Articles U 11 et seq.,
<br />YATCS, and an Ordinance passed by the City Council of the City (see
<br />"Authority for Issuance").
<br />
<br />QuaJified Tax-Exempt
<br />Obligations------------ The City wHl designate the Bonds as "Qualified Tax-Exempt Obligations" for
<br />financial institutions (see "Qualified Tax-Exempt Obligations").
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<br />Security for the Bonds --- The Bonds constitute special obligations of the City payable, both as to
<br />principal and interest, and secured by a first lien on and pledge of the Net
<br />Revenues of the City's Waterworks and Sewer System. The City has not
<br />covenanted or obligated itself to pay the Bonds from monies raised or to be
<br />raised from taxation (see "Security for Bonds").
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<br />Optional Redemption ---- The Bonds maturing on and after January 1, 1999 are subject to redemption
<br />prior to maturity, at the option of the City, on January I, 1998, or any date
<br />thereafter, at the par value thereof plus accrued interest to the date fixed for
<br />redemption (see "Redemption of Bonds").
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<br />Tax Exemption-n_n---- In the opinion of Bond Counsel, the interest on the Bonds will be excludable
<br />from gross income for purposes of federal income taxation under existing law
<br />(see Appendix C - "form of Bond Counsel's Opinion").
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<br />Use of Bond Proceeds-n- The Bond proceeds will be used for waterworks improvements.
<br />Payment Record -------- The City has never defaulted.
<br /> Selected Issuer Indices
<br />Fiscal Water Usa~e (Thousand Gallons) Net Average
<br />Year Estimated Average Available Annual Debt Coverage
<br />Ended City Day Peak Day Total for Debt Service of
<br />9/30 Population Usa!te Usage Usage Service Re uirements Debt
<br />1987 33,900 .5,858 8,972 2, 138,288 $1,619,069 318,584 .5.08%
<br />1986 32,.500 .5,489 7,099 1,982,148 1,081,186 204,743 .5.28%
<br />1985 31,000 5,460 8,111 1,994,404 I ,447,138 215,118 6.73%
<br />1984 27,.500 5,.552 8,622 2,032,713 1,367,840 230,299 .5.94%
<br />1983 25,000 4,960 7,67.5 1,810,40.5 534,724 224,5.59 2.38%
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