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• <br /> NOTICE OF DEFEASANCE AND REDEMPTION <br /> To the Holders of the <br /> CITY OF SAN MARCOS,TEXAS <br /> WATERWORKS AND WASTE WATER SYSTEM REVENUE BONDS,SERIES 2006A(TAXABLE) <br /> (Maturing on August 15 in the years 2021,2026 and 2036) <br /> NOTICE IS HEREBY GIVEN that the CITY OF SAN MARCOS,TEXAS, in Hays County, Texas(the "City"), <br /> has caused to be deposited cash into an irrevocable Escrow Fund in order to pay, and has legally defeased, all of the <br /> City's outstanding WATERWORKS AND WASTE WATER SYSTEM REVENUE BONDS,SERIES 2006A(TAXABLE),maturing <br /> on August 15 in the years 2021, 2026,and 2036(the "Outstanding Taxable Series 2006A Bonds"),which are further <br /> described below: <br /> CITY OF SAN MARCOS,TEXAS <br /> WATERWORKS AND WASTE WATER SYSTEM REVENUE BONDS,SERIES 2006A(TAXABLE) <br /> STATED <br /> MATURITY PRINCIPAL AMOUNT PRINCIPAL AMOUNT INTEREST RATE CUSIP No. <br /> (AUG.15) MATURING IN YEAR($) TO BE REFUNDED($) (%) (798809) <br /> 2021 350,000 350,000 6.000 HE2 <br /> *** *** *** *** *** <br /> 2026 465,000 465,000 6.125 HK8 <br /> *** *** *** *** *** <br /> 2036 1,480,000 1,480,000 6.200 HV4 <br /> Totals 2,355,000 2,355,000 *** *** <br /> Notice is further given that the Outstanding Taxable Series 2006A Bonds have been called for redemption at <br /> par on 2016(the"Redemption Date")at the Redemption Price equal to 100%,of par plus accrued interest <br /> to the Redemption Date. Such Outstanding Taxable Series 2006A Bonds shall be redeemed and shall become due and <br /> payable on the Redemption Date,and the interest thereon shall cease to accrue from and after the Redemption Date. <br /> Due and proper arrangements have been made for providing J.P.Morgan Chase Bank,N.A.,the Paying Agent <br /> for the Outstanding Taxable Series 2006A Bonds,with funds sufficient to pay the redemption price of the Outstanding <br /> Taxable Series 2006A Bonds on the scheduled Redemption Date. <br /> To avoid a backup withholding tax required by Section 3406 of the Internal Revenue Code of 1986,holders <br /> must submit a properly completed IRS Form W-9. <br /> * THE ABOVE REFERENCED CUSIP NUMBERS ARE PROVIDED FOR THE CONVENIENCE OF THE HOLDERS. NEITHER THE <br /> PAYING AGENT NOR THE CITY ARE RESPONSIBLE FOR ANY ERROR OF ANY NATURE RELATING TO THE CUSIP NUMBERS. <br /> A-2 <br />