Ord 1984-033 - Laserfiche WebLink

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134 RPF:dz:27.10 PAYING AGENT/REGISTRAR AGREEMENT THIS AGREEMENT is entered into as of March 26, 1984, by and between the City of San Marcos, Texas, (the "Issuer"), and The American National Bank of Austin, Austin, Texas, (the "Bank"), a national banking association duly organized and existing under the laws of the United States of America. WHEREAS, the Issuer has duly authorized and provided for the issuance of its City of San Marcos, Texas Combination Tax and Revenue Certificates of Obligation, Series 1984-A, ("the Obligations"), in the aggregate principal amount of $5,800,000 to be issued as registered securities without coupons; WHEREAS, all things necessary to make the Obligations the valid obligations of the Issuer, in accordance with their terms, will be taken upon the issuance and delivery thereof; WHEREAS, the Issuer is desirous that the Bank act as the Paying Agent of the Issuer in paying the principal, premium (if any) and interest on the Obligations, in accordance with the terms thereof, and that the Bank act as Registrar for the Obligations; WHEREAS, the Issuer has duly authorized the execution and delivery of this Agreement, and all things necessary to make this Agreement the valid agreement of the Issuer, in accordance with its terms, ha¡ve been done; NOW THEREFORE, the parties hereto agree as follows: ART I CLE ONE APPOINTMENT OF BANK AS PAYING AGENT AND REGISTRAR 1.01. Appointment. The Issuer hereby appoints the Bank to act as Paying Agent with respect to the Obligations, in paying to the holders of the Obligations the principal, premium (if any) and interest on all or any of the Obligations. The Issuer hereby further appoints the Bank as Registrar with respect to the Obligations. The Bank hereby accepts its appointment, and agrees to act, as such Paying Agent and Registrar. 1.02. Compensation. As compensation for the Bank's services as