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Ord 2017-024/authorizing the issuance and sale of City of San Marcos, Texas, Waterworks And Waste Water System Revenue Bonds, Series 2017B in the amount of $1,000,000; providing for the security for and payment of said bonds; prescribing the form of said
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Ord 2017-024/authorizing the issuance and sale of City of San Marcos, Texas, Waterworks And Waste Water System Revenue Bonds, Series 2017B in the amount of $1,000,000; providing for the security for and payment of said bonds; prescribing the form of said
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6/23/2017 4:34:53 PM
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Ordinances
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2017-24
Date
5/2/2017
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Stock Exchange or a commercial bank or <br />trust company. <br />Signature Guaranteed By: <br />Authorized Signatory <br />(d) Initial Bond Insertions. <br />(i) The Initial Bond shall be in the form set forth in paragraph (a) of this <br />Section, except that: <br />A. immediately under the name of the Bond, the headings <br />"INTEREST RATE" and "MATURITY DATE" shall both be completed <br />with the words "As Shown Below" and "CUSIP NO. it <br />deleted; <br />B. in the first paragraph: <br />the words "on the Maturity Date specified above" shall be deleted <br />and the following will be inserted: "on in the years, in the <br />principal installments and bearing interest at the per annum rates set forth <br />in the following schedule: <br />Principal Interest <br />Years Installments Rates <br />- - (Information to be inserted from Section 3.02(b) hereof.) <br />C. In the second paragraph of the Initial Bond, "initial" shall be <br />inserted before "Paying Agent/Registrar" in the first sentence, "executing <br />the registration certificate appearing hereon," shall be deleted and an <br />additional sentence shall be added to the paragraph as follows: "The <br />initial Paying Agent/Registrar is Regions Bank."; <br />D. the Initial Bond shall be numbered R -l. <br />(ii) The following Registration Certificate of Comptroller of Public Accounts <br />shall appear on the Initial Bond in lieu of the Certificate of Paying Agent/Registrar: <br />SANMARCOS/W W W SRev2017B: Ordinance <br />22 <br />
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