Laserfiche WebLink
<br />I <br /> <br />I <br /> <br />I <br /> <br />City of San Marcos, Texas, Waterworks and Waste Water System <br />Revenue Bonds, Series 2003; <br /> <br />City of San Marcos, Texas, Waterworks and Waste Water System <br />Revenue Bonds, Series 2004; <br /> <br />City of San Marcos, Texas, Waterworks and Waste Water System <br />Revenue Refunding and Improvement Bonds, Series 2004A; <br /> <br />City of San Marcos, Texas, Waterworks and Waste Water System <br />Revenue Refunding Bonds, Series 2005; and <br /> <br />City of San Marcos, Texas, Waterworks and Waste Water System Revenue Bonds, <br />Series 2005A. <br /> <br />"Purchaser" means the person, firm or entity (whether one or more) initially purchasing the <br />Bonds from the City and which is designated in Section 7.01 of this Ordinance. <br /> <br />"Record Date" means the last business day ofthe month next preceding an Interest Payment <br /> <br />Date. <br /> <br />"Register" means the Register specified in Section 3.06(a) of this Ordinance. <br /> <br />"Reserve Fund" means the reserve fund provided by Section 8.01(c) of this Ordinance. <br /> <br />"Revenue Fund" means the revenue fund provided by Section 8.01(a) of this Ordinance. <br /> <br />"Special Payment Date" means the Special Payment Date prescribed by Section 3.03(b) of <br />this Ordinance. <br /> <br />"Surety Policy" means, to the extent permitted by law (including, particularly, Tex. Gov't <br />Code Ann. ~ 1502.064), a surety bond, insurance policy, including any related reimbursement or <br />financial guaranty agreement, by which the issuer is obligated to provide funds up to and including <br />the maximum amount and under the conditions specified in such agreement or instrument, provided <br />that the issuer of any Surety Policy shall be rated, at the time of issuance of such Surety Policy, in <br />the highest rating category by Standard & Poor's Ratings Group and Moody's Investors Service. <br /> <br />"System" means the City's combined waterworks and sewer (waste water) system, including <br />all present and future extensions, enlargements, additions, replacements and improvements thereto. <br /> <br />"Term Bonds" means the Bonds, if any, subject to mandatory sinking fund redemption as <br />described in Section 4.02. <br /> <br />SANMARCOSIWWWSRev2006-2: Ordinance <br /> <br />4 <br />