Laserfiche WebLink
<br />CITY COUNCIL OF SAID CITY AT THE TIME OF ISSUANCE, <br />FOR THE PURPOSE OF IMPROVING AND EQUIPPING THE <br />CITY'S PARKS AND RECREATION FACILITIES AND SYSTEM; <br />AND SHALL S,AID CITY COUNCIL BE AUTHORIZED TO LEVY <br />AND CAUSE TO BE ASSESSED AND COLLECTED A NNUA L AD <br />VA LOREM TAXES IN AN AMOUNT SUFFICIENT TO PAY THE <br />A NNUA L INTEREST ON SAID BONDS AND PROVIDE A SINKING <br />FUND TO PAY SAID BONDS AT MATURITY? <br /> PROPOSITION NO. 3 <br />SHALL THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OF SAID <br />CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE <br />AGGREGATE PRINCIPAL AMOUNT OF $100,000, WITH THE <br />BONDS OF EACH SUCH SERIES OR ISSUE, RESPECTIVELY, <br />TO MATURE SERIALLY WITHIN NOT TO EXCEED 40 YEARS <br />FROM THEIR DATE, AND TO BE SOLD AT SUCH PRICE OR <br />PRICES AND BEAR INTEREST AT SUCH RATE OR RA TESAS <br />SHALL BE DETERMINED WITHIN THE DISCRETION OF THE <br />CITY COUNCIL OF SAID CITY AT THE TIME OF ISSUANCE, <br />FOR THE PUBLIC PURPOSE OF THE ACQUISITION AND <br />PREPARATION OF A TOPOGRAPHIC MAP OR MAPS OF AND FOR <br />SAID CITY; AND SHALL SAID CITY COUNCIL BE <br />AUTHORIZED TO LEVY AND CAUSE TO BE ASSESSED AND <br />COLLECTED ANNUAL AD VALOREM TAXE S IN AN AMOUNT <br />SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS <br />AND PROVIDE A SINKING FUND TO PAY SAID BONDS AT <br />MATURITY? <br /> PROPOSITION NO. 4 <br /> - <br />SHALL THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OF SAID <br />CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE <br />AGGREGATE PRINCIPAL AMOUNT OF $100,000, WITH THE <br />BONDS OF EACH SUCH SERIES OR ISSUE, RESPECTIVELY, <br />TO MATURE SERIALLY WITHIN NOT TO EXCEED 40 YEARS <br />FROM THEIR DATE, AND TO BE SOLD AT SUCH PRICE OR <br />PRICES AND BEAR INTEREST AT SUCH RATE OR RATES AS <br />SHALL BE DETERMINED WITHIN THE DISCRETION OF THE <br />CITY COUNCIL OF SAID CITY AT THE TIME OF ISSUANCE, <br />FOR THE PURPOSE OF IMPROVING AND EQUIPPING THE <br />CITY'S EXISTING CEMETERY PROPERTIES; AND SHALL SAID <br />CITY COUNCIL BE AUTHORIZED TO LEVY AND CAUSE TO BE <br />ASSESSED AND COLLECTED ANNUAL AD VALOREM TAXES IN <br />AN AMOUNT SUFFICIENT TO PAY THE ANNUAL INTEREST ON <br />SAID BONDS AND PROVIDE A SINKING FUND TO PAY SAID <br />BONDS AT MATURITY? <br /> PROPOSITION NO. 5 <br />SHALL THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OF SAID <br />CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE <br />AGGREGATE PRINCIPAL AMOUNT OF $250,000 WITH THE <br />BONDS OF EACH SUCH SERIES OR ISSUE, RESPECTIVELY, <br />TO MATURE SERIALLY WITHIN NOT TO EXCEED 40 YEARS <br />FROM THEIR DATE, AND TO BE SOLD AT SUCH PRICE OR <br />PRICES AND BEAR INTEREST AT SUCH RATE OR RATES AS <br />SHALL BE DETERMINED WITHIN THE DISCRETION OF THE <br />CITY COUNCIL OF SAID CITY AT THE TIME OF ISSUANCE, <br /> -2- <br />