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<br />33 <br /> <br /> <br /> <br /> <br /> <br />, ~ ~ ORDINANCE 1985-56 <br />Qj;:f ~!€ AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF SAN <br />~~, g ìO ~ .;: MARCOS, TEXAS, AUTHORIZING THE ISSUANCE OF $3,020,000 <br />. -~ l f.d~ CITY OF SAN MARCOS, TEXAS, GENERAL OBLIGATION BONDS, <br />¿~I >- UJ'Ì5 SERIES 1985; PROVIDING FOR THE TERMS AND CONDITIONS OF <br />f[j==\ ~ Ë ~ SAID BONDS; AWARDING THE SALE OF SAID BONDS; CONTAINING <br />t.:tr Q~ PROVISIONS NECESSARY AND INCIDENTAL THERETO; AND <br />DECLARING AN EMERGENCY <br /> <br /> <br />THE STATE OF TEXAS : <br />COUNTY OF HAYS : <br />CITY OF SAN MARCOS : <br /> <br /> <br />WHEREAS, the general obligation bonds of the City of San <br />Marcos, Texas, were authorized at election held within said City <br />on April 7, 1984, for the purposes and in the amounts hereinafter <br />set forth, none of which have been issued heretofore, are <br />hereinafter authorized to be issued, sold and delivered for the <br />following purposes and in the amounts, and will remain unissued <br />hereafter, respectively, as follows: <br /> <br />Balance <br />Purpose Amount Voted This Issue Unissued <br /> <br />Streets and $4,000,000 $2,050,000 $1,950,000 <br />Drainage <br /> <br />Parks and 400,000 250,000 150,000 <br />Recreation <br /> <br />Traffic Control 250,000 150,000 100,000 <br />Devices <br /> <br />Fire Fightin~ 300,000 -0- 300,000 <br />Equipment (F~re <br />Department <br />Telesquirt) <br /> <br />Library 450,000 -0- 450,000 <br /> <br />Public Works 700,000 570,000 130,000 <br />Complex <br /> <br />WHEREAS, this City Council finds and determines that it is <br />necessary and advisable to authorize the issuance, sale and <br />delivery of the general obligation bonds of said City hereinafter <br />provided; Now, Therefore <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: <br />