Laserfiche WebLink
<br />oil <br />LlJ-8 <br />...J- 0 <br />~~ <br />!( :z <br /> <br />I <br /> <br />I <br /> <br />UI <br />C <br />u <br />':l: l- <br />ce rtl <br />w;{N ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, <br />o ~THORIZING THE ISSUANCE AND SALE OF CITY OF SAN MARCOS, TEXAS, <br />~ (:bMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION, SERIES 2004; <br />UJ$OVIDING FOR THE SECURITY FOR AND PAYMENT OF SAID CERTIFICATES; <br />tJillSCRIBING THE FORM OF SAID CERTIFICATES; AWARDING THE SALE THEREOF; <br />APPROVING THE OFFICIAL ST A TEMENT; AND ENACTING OTHER PROVISIONS <br />RELATING TO THE SUBJECT <br /> <br />ORDINANCE NO. <br /> <br />WHEREAS, the City Council (the "City Council") of the City of San Marcos, Texas (the "City"), <br />by resolution adopted on October 11,2004, directed publication of notice of the City's intention to issue a <br />maximum principal amount not to exceed $6,355,000 certificates of obligation of the City for the purposes <br />hereinafter set forth; <br /> <br />WHEREAS, such notice was published in the manner and to the extent required by law; <br /> <br />WHEREAS, there has not been filed with the City Clerk or any other officer of the City a petition <br />protesting the issuance of such certificates of obligation and requesting an election on same; <br /> <br />WHEREAS, it is affirmatively found and determined that the City is authorized to proceed with the <br />issuance and sale of such certificates of obligation as authorized by the Constitution and laws ofthe State <br />of Texas, including, particularly, Tex. Loc. Gov't Code Ann. ch. 271, subch. C, and Tex. Gov't Code ch, <br />1502; and <br /> <br />WHEREAS, it is officially found, determined and declared that the meeting at which this <br />Ordinance has been adopted was open to the public and public notice of the date, hour, place and subject <br />of said meeting, including this Ordinance, was given, all as required by the applicable provisions of Tex. <br />Gov't Code Ann ch. 551; Now, Therefore <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: <br /> <br />ARTICLE I <br /> <br />DEFINITIONS AND OTHER PRELIMINARY MATTERS <br /> <br />Section 1.01. Definitions. <br /> <br />Unless otherwise expressly provided or unless the context clearly requires otherwise, in this <br />Ordinance the following terms shall have the meanings specified below: <br /> <br />"Certificate" means any of the Certificates. <br /> <br />"Certificates" means the City's certificates of obligation entitled "City of San Marcos, Texas, <br />Combination Tax and Revenue Certificates of Obligation, Series 2004" authorized to be issued by Section <br />301 of this Ordinance. <br /> <br />R ISan MarcoslCO 041DocslOrdinancelCO Ord Final.wpd <br />