Laserfiche WebLink
<br />18 <br /> <br />RESOLUTION 1986-ll8R <br /> <br />A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS, APPROVING THE FORM AND CONTENT AND <br />AUTHORIZING EXECUTION OF A PAYING AGENT/REGISTRAR <br />AGREEMENT WITH RESPECT TO THE CITY'S ELECTRIC UTILITY <br />SYSTEM REVENUE BONDS. SERIES 1986 <br /> <br />THE STATE OF TEXAS <br />COUNTY OF HAYS <br /> <br />§ <br />§ <br /> <br />CITY OF SAN MARCOS <br /> <br />§ <br /> <br />WHEREAS, this City Council has authorized the issuance, sale and delivery of <br />the City of San Marcos, Texas, Electric Utility System Revenue Bonds, Series 1986 <br />(the "Bonds"); <br /> <br />WHEREAS, the proceedings authorizing the Bonds designate MBank Austin, <br />N.A., Austin, Texas, (the "Bank") as the paying agent/registrar for the Bonds; and <br /> <br />WHEREAS, this City Council finds and determines that it is necessary and <br />proper to approve the form and content and authorize the execution on behalf of the <br />City of San Marcos, Texas, (the "City") of an agreement between the City and the <br />Bank with respect to the Bank's service as such paying agent/registrar; Now, <br />Therefore <br /> <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: <br /> <br />Section 1. FINDINGS. The statements contained in the preamble are true <br />and correct and are adopted as findings of fact hereby. <br /> <br />Section 2. PAYING AGENT/REGISTRAR AGREEMENT. The form and <br />content of the Paying Agent/Registrar Agreement between the City of San Marcos, <br />Texas, and MBank Austin, N.A., a substantial copy of which is attached hereto and <br />incorporated herein by reference, are hereby approved, and the Mayor and City <br />Secretary of the City are hereby authorized to execute and attest, respectively, said <br />agreement in one or more original counterparts on behalf, and as the act and deed, <br />of the City. <br /> <br />/-'~, <br />PASSED AND APPROVED this 4- dày of October <br /> <br />, 1986. <br /> <br />ATTEST: <br /> <br />"' <br /> <br />"""""'l:~~~Q' --:"C"'\~?_--~ <br /> <br />Mayor, City of San Marcos, Texas <br /> <br /> <br />[CITY SEAL] <br /> <br />1203f <br />