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<br />o~ligatory for any purpose, unless there appears on such Certificate <br />elther a certificate of registration Comptroller of Public Accounts of <br />the St~t~ of Texas o~ his d~ly authorized agent by manual signature, or <br />a certlflcate of reglstratlon upon any Certificate shall be conclusive <br />evidence, and the only evidence, that such Certificate has been duly <br />certified or registered and delivered. <br /> (c) Denominations. The Certificates shall be in the <br />denominations of $5,000 or any integral multiple thereof. <br /> Section 9. INITIAL CERTIFICATE. The Certificates herein <br />authorized shall be issued initially as a single fully registered <br />Certificate (the "Initial Certificate") representing the entire <br />principal amount of the Certificates and in the name of the initial <br />purchaser or purchasers of the Certificates, or his or their designee. <br />The Initial Certificate shall be the Certificates submitted to the <br />Attorney General of Texas for examination and approval and certified <br />and registered by the Comptroller of Public Accounts of the State of <br />Texas. At any time after delivery of the Initial Certificate <br />Agent/Registrar, upon the written instructions of the purchaser or <br />purchasers, or designee, shall cancel the Initial Certificate <br />delivered hereunder and exchange therefor Certificates of authorized <br />denominations, rates, for transfer and delivery to the Holders named, <br />and at the addresses stated therefor, all in accordance wi th and <br />pursuant to such written instructions from the initial purchaser or <br />purchasers, or designee, and such other information and documentation <br />as the Paying Agent/Registrar may reasonably require. <br /> Section 10. FORMS. (a) In General. The Certificates, the <br />Registration Certificate of the Comptroller of Public Accounts of the <br />State of Texas, the Certificate of Registration, and the form of <br />Assignment to be printed on each of the Certificates, shall be <br />substantially in the forms set forth in this Section, with such <br />appropriate insertions, omissions, substitutions, and other variations <br />as are permitted or required by this Ordinance, and may have such <br />letters, numbers, or other marks of identification (including <br />identifying letters and numbers of the Committee on Uniform Securities <br />Identification Procedures of the American Bankers Association) and <br />such legends and endorsements (including any reproduction of an <br />opinion of counsel) thereof as may, consistently with this Ordinance, <br />be established by the City or determined by the officers executing <br />such Certificates as evidenced by their execution thereof. Any <br />portion of the text of any Certificates may be set forth on the reverse <br />side thereof, with an appropriate reference thereto on the face of the <br />Certificate. <br /> The Initial Certificate may be typewritten or photocopied or <br />otherwise produced; and the definitive Certificates shall be printed, <br />lithographed, or engraved, produced by any combination of such <br />methods, or produced in any other similar manner, as determined by the <br />officers executing such Certificates as evidenced by such execution. <br /> (b) Form of Certificate. <br />REGISTERED REGISTERED <br />NO. $ <br /> UNITED STATES OF AMERICA <br /> STATE OF TEXAS <br /> CITY OF SAN MARCOS, TEXAS <br /> COMBINATION TAX AND REVENUE <br /> CERTIFICATES OF OBLIGATION <br /> SERIES 1984 <br /> Interest Rate: Due: Initial Date: <br /> January 1, 1984 <br /> <br /> -4- <br />