Laserfiche WebLink
Certificates of Obligation" the form and substance of which is hereby adopted and approved. <br /> Section 2. Publication of Notice. Said Notice shall be published, in substantially the form <br /> attached hereto, in a newspaper, as defined in Tex. Gov't Code Ann. §2051.044, of general <br /> circulation in the area of said City, once a week for two consecutive weeks, the date of the first <br /> publication thereof to be before the 30th day before the date tentatively set for passage of the <br /> ordinance authorizing the issuance of the Certificates. <br /> Section 3. Effective Date. This Resolution shall become effective immediately upon <br /> adoption. The Mayor and City Clerk are hereby authorized and directed to execute this <br /> Resolution on behalf of the City and to do any and all things proper and necessary to carry out <br /> the intent of this Resolution. <br /> Section 4. Attorney General Fee. The City Council hereby authorizes the disbursement of <br /> a fee equal to the lesser of(i) one-tenth of one percent of the principal amount of each series of <br /> obligations being issued or (ii) $9,500 for each series, provided that such fee shall not be less <br /> than $750, to the Attorney General of Texas Public Finance Division for payment of the <br /> examination fee charged by the State of Texas for the Attorney General's review and approval of <br /> public securities and credit agreements, as required by Section 1202.004 of the Texas <br /> Government Code. The appropriate member of the City's staff is hereby instructed to take the <br /> necessary measures to make this payment. The City is also authorized to reimburse the <br /> appropriate City funds for such payment from proceeds of the debt. <br /> [Execution Page Follows] <br /> SanMarcosCTRCO2017.Intent Resolution <br />