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<br /> At such time as all of the Certificates are retired, or provision <br /> is made for their payment, money in the Interest and Sinking Fund, if <br /> any, shall be transferred to the maintenance fund of the City, unless <br /> then required by law to be transferred to some other fund or used for <br /> some other purpose, provided that any money held by the Paying <br /> Agent/Registrar which has been provided for the payment of interest or <br /> principal and not so utilized for any reason shall continue to be held <br /> by the Paying Agent/Registrar for a per iod of three calendar years, <br /> and if not claimed, the same shall be returned to the City. <br /> Section 26. PRINTED OPINION. The Purchaser's obligation to <br /> accept delivery of the Certificates is subject to its being furnished <br /> a final opinion of Rick P. Fisher, Attorney at Law, approving such <br /> Certificates as to their validity, said opinion to be dated and <br /> delivered as of the date of delivery and payment for such <br /> Certificates. Printing of a true and correct copy of said opinion on <br /> the reverse side of each of said Certificates is hereby approved and <br /> authorized. <br /> Section 27. PUBLIC MEETING. It is officially found, determined, <br /> and declared that the meeting at which this Ordinance is adopted was <br /> open to the public and public notice of the time, place, and subject <br /> matter of the public business to be considered at such meeting, <br /> including this Ordinance, was given, all as required by the applicable <br /> provisions of Article 6252-17, Vernon's Texas Civil Statutes, as <br /> amended. <br /> Section 28. EMERGENCY DECLARATION. The fact that the proceeds <br /> from the sale of the Certificates are needed without delay for the <br /> acquisition of urgently needed facilities and properties creates an <br /> emergency and an urgent public necessity relating to the preservation <br /> of the purlic peace, health and safety requiring that the Charter rule <br /> which requires that ordinances be read on three separate .days be <br /> dispensed wi th¡ said Charter rule is hereby accordlngly dlspensed <br /> with; and this Ordinance is passed as an emergency measure, to take <br /> effect and be in force and effect from and after its passage. <br /> PASSED AND APPROVED, this 19th day of December, 1983. <br /> L~ <br /> Mayor, City of San Marcos, Texas <br /> ATTEST: <br /> (CITY SEAL) <br /> APPROVED: <br /> 0--- (. kQ"~"-" C""OC~"C- <br /> Acting c{.tx~~rney 1983. <br /> Published inEñe DAILY RECORD December 25, <br /> -15- <br />