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01242007 Special Meeting
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01242007 Special Meeting
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10/8/2013 3:02:16 PM
Creation date
10/5/2007 5:05:26 PM
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City Clerk
City Clerk - Document
Minutes
City Clerk - Type
Special Meeting
Date
1/24/2007
Volume Book
170
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II i <br />1 <br />CITY OF SAN MARCOS, TEXAS <br />COMBINATION TAX AND REVENUE CERTIFICATES OF OBLIGATION <br />SERIES 2007 <br />Ordinance Amendments Resulting from Pricinq <br />1. Procedure. After a motion to adopt the ordinance as posted has been made and seconded, a <br />motion and second to be made to adopt the following amendments to the ordinance. <br />2. Cover page. Amend principal amount to $15,575,000. <br />3. Section 3.01, page 6. Amend principal amount to $15,575,000. <br />4. Section 3.02(b), pages 6 and 6. Amend maturity schedule to read as follows; <br />Year <br />Principal <br />Amount <br />Interest <br />Rate <br />Year <br />Principal <br />Amount <br />Interest <br />Rate <br />2011 <br />$440,000 <br />4.000% <br />2022 <br />$690,000 <br />4.250% <br />2012 <br />460,000 <br />4.000% <br />2023 <br />720,000 <br />4.300% <br />2013 <br />480,000 <br />4.000% <br />2024 <br />755,000 <br />4.375% <br />2014 <br />500,000 <br />4000% <br />2025 <br />790,000 <br />4.400% <br />2015 <br />520,000 <br />4.000% <br />2026 <br />825,000 <br />4.500% <br />2016 <br />540,000 <br />4.000% <br />2027 <br />860,000 <br />4.500% <br />2017 <br />560,000 <br />4.000% <br />2028 <br />900,000 <br />4.500% <br />2018 <br />585,000 <br />4.000% <br />2029 <br />945,000 <br />4500% <br />2019 <br />610,000 <br />4.100% <br />2030 <br />985,000 <br />4.500% <br />2020 <br />635,000 <br />4.200% <br />2031 <br />1,030,000 <br />4.500% <br />2021 <br />665,000 <br />4250% <br />2032 <br />1,080,000 <br />4500% <br />b. Section 3.04(a), page 7. Amend City Clerk title to Interim City Clerk. <br />6. Section 5.01(c), page 16. Amend City Clerk title to Interim City Clerk. <br />7. Section 6.02(a), Form of Bond, page 18, second full paragraph. Amend principal amount to <br />$15,575,000. <br />8. Section 6.02(a), page 19. Amend City Clerk title to Interim City Clerk. <br />9. Section 7.01(b), page 22. Amend City Clerk title to Interim City Clerk. <br />10. Signature Page, page 35. Amend City Clerk title to Interim City Clerk and amend City Attorney <br />title to Interim City Attorney. <br />NVIckfaWy Fi1aMSanMaicas%SanMarcosCO.07 (old .08)%Oidinancek2007 Ordinance Amendmanb.wpd <br />
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