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Ord 2007-007
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Ord 2007-007
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Last modified
2/4/2010 10:35:52 AM
Creation date
8/27/2007 8:40:59 AM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
2007-7
Date
1/24/2007
Volume Book
170
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<br />(a) [Form ofCert1ficate] <br /> <br />REGISTERED REGISTERED <br /> <br />No $ <br />Umted States of AmerIca <br />State of Texas <br /> <br />CITY OF SAN MARCOS, TEXAS <br />COMBINATION TAX AND REVENUE <br />CERTIFICATE OF OBLIGATION <br />SERIES 2007 <br /> <br />Interest Rate Maturity Date Original Issue Date CUSIP Number <br /> January 15, 2007 <br /> <br />The CIty of San Marcos (the "CIty") m the CountIes of Hays and Caldwell, State of Texas, for value <br />receIved, hereby promIses to pay to <br /> <br />or regIstered assigns, on the MatUrIty Date specIfied above, the sum of <br /> <br />DOLLARS <br /> <br />unless thIS CertIficate shall have been sooner called for redemptIon and the payment of the prIncIpal hereof <br />shall have been paId or provIsIon for such payment shall have been made, and to pay mterest on the unpaId <br />prIncIpal amount hereof from the later of the Origmal Issue Date specIfied above or the most recent mterest <br />payment date to whIch mterest has been paId or provIded for untIl such prIncIpal amount shall have been paid <br />or provIded for, at the per annum rate of mterest specIfied above, computed on the basis of a 360-day year of <br />twelve 30-day months, such Interest to be paId semIannually on February 15 and August 15 of each year, <br />commencIng February 15,2008 <br /> <br />The prIncIpal of thIS CertIficate shall be payable WIthOUt exchange or collection charges In lawful <br />money of the Umted States of AmerIca upon presentatIOn and surrender of thIS CertIficate at the corporate trust <br />office m Houston, Texas (the "DeSIgnated Payment/Transfer Office"), of the Paymg Agent/Registrar executmg <br />the regIstratIOn certIficate appearIng hereon, or, WIth respect to a successor PaYIng Agent/RegIstrar, at the <br />DeSIgnated Payment/Transfer Office of such successor. Interest on thIS CertIficate IS payable by check dated <br />as of the mterest payment date, maIled by the PaYIng Agent/RegIstrar to the regIstered owner at the address <br />shown on the regIstratIon books kept by the Paymg Agent/RegIstrar or by such other customary bankmg <br />arrangements acceptable to the PaYIng Agent/Registrar, requested by, and at the rIsk and expense of, the person <br />to whom Interest IS to be paid. For the purpose of the payment of Interest on thIS CertIficate, the regIstered <br />owner shall be the person In whose name thIS Certificate is regIstered at the close of bUSIness on the "Record <br />Date," whIch shall be the last busmess day of the month next precedIng such Interest payment date, provided, <br />however, that m the event of nonpayment of mterest on a scheduled mterest payment date, and for 30 days <br />thereafter, a new record date for such Interest payment (a "SpecIal Record Date") will be establIshed by the <br /> <br />San Marcos CTRCO 2007 Ordinance <br /> <br />17 <br />
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