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Ord 2017-023/authorizing the issuance and sale of City of San Marcos, Texas, Waterworks and Waste Water System Revenue Bonds, series 2017a in the amount of $4,760,000; providing for the security for and payment of said bonds; prescribing the form of said
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Ord 2017-023/authorizing the issuance and sale of City of San Marcos, Texas, Waterworks and Waste Water System Revenue Bonds, series 2017a in the amount of $4,760,000; providing for the security for and payment of said bonds; prescribing the form of said
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ARTICLE IX <br />ADDITIONAL OBLIGATIONS <br />Section 9.01. Issuance of Additional Parity Obligations Authorized...............................28 <br />ARTICLE X <br />PARTICULAR REPRESENTATIONS AND COVENANTS <br />Section 10.01. Rates and Charges.....................................................................................29 <br />Section 10.02. Maintenance and Operation; Insurance....................................................30 <br />Section 10.03. Records; Accounts; Accounting Reports..................................................30 <br />Section 10.04. Special Covenants.....................................................................................31 <br />Section 10.05. Payment of the Bonds...............................................................................32 <br />Section 10.06. Other Representations and Covenants......................................................32 <br />Section 10.07. Covenants Regarding Tax Exemption of Interest on the Bonds...............32 <br />ARTICLE XI <br />DEFAULT AND REMEDIES <br />Section 11.01. Events of Default......................................................................................35 <br />Section 11.02. Remedies for Default................................................................................35 <br />Section 11.03. Remedies Not Exclusive...........................................................................35 <br />ARTICLE XII <br />DISCHARGE AND DEFEASANCE <br />Section 12.01. Defeasance of Bonds.................................................................................36 <br />ARTICLE XIII <br />CONTINUING DISCLOSURE UNDERTAKING <br />Section 13.01. Annual Reports.........................................................................................37 <br />Section 13.02. Event Notices............................................................................................38 <br />Section 13.03. Limitations, Disclaimers, and Amendments............................................39 <br />ARTICLE XIV <br />AMENDMENTS; FURTHER PROCEDURES; AND SEVERABILITY <br />Section 14.01. Amendments.............................................................................................40 <br />Section 14.02. Further Procedures....................................................................................40 <br />Section 14.03. Severability...............................................................................................41 <br />Section 14.04. No Personal Liability................................................................................41 <br />Section 14.05. Payment of Attorney General Fee.............................................................41 <br />SANMARCOS/W W W SRev2017A: Ordinance 111 <br />
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