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Ord 2017-054/authorizing the issuance and sale of $34,270,000City of San Marcos, Texas, Combination Tax And Revenue Certificates of Obligation, Series 2017
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Ord 2017-054/authorizing the issuance and sale of $34,270,000City of San Marcos, Texas, Combination Tax And Revenue Certificates of Obligation, Series 2017
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9/27/2017 9:02:15 AM
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9/27/2017 9:01:59 AM
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TABLE OF CONTENTS <br /> Page <br /> Recitals. 1 <br /> ARTICLE I <br /> DEFINITIONS AND OTHER PRELIMINARY MATTERS <br /> Section 1.01. Definitions. 2 <br /> Section 1.02. Other Definitions. 4 <br /> Section 1.03. Findings. 4 <br /> Section 1.04. Table of Contents, Titles and Headings 4 <br /> Section 1.05. Interpretation. 5 <br /> ARTICLE II <br /> SECURITY FOR THE CERTIFICATES <br /> Section 2.01. Tax Levy for Payment of the Certificates. 5 <br /> Section 2.02. Revenue Pledge. 5 <br /> Section 2.03. Perfection of Security Interest. 5 <br /> ARTICLE III <br /> AUTHORIZATION; GENERAL TERMS <br /> AND PROVISIONS REGARDING THE CERTIFICATES <br /> Section 3.01. Authorization. 6 <br /> Section 3.02. Date, Denomination, Maturities,Numbers and Interest 6 <br /> Section 3.03. Medium, Method and Place of Payment. 7 <br /> Section 3.04. Execution and Initial Registration. 8 <br /> Section 3.05. Ownership. 9 <br /> Section 3.06. Registration, Transfer and Exchange. 9 <br /> Section 3.07. Cancellation and Authentication. 11 <br /> Section 3.08. Replacement Certificates. 12 <br /> Section 3.09. Book-Entry Only System. 13 <br /> Section 3.10. Successor Securities Depository; Transfer Outside <br /> Book-Entry Only System 13 <br /> Section 3.11. Payments to Cede & Co. 14 <br /> ARTICLE IV <br /> REDEMPTION OF CERTIFICATES BEFORE MATURITY <br /> Section 4.01. Limitation on Redemption. 14 <br /> Section 4.02. Redemption of Certificates Prior to Maturity 14 <br /> Section 4.03. Partial Redemption 16 <br /> Section 4.04. Notice of Redemption to Owners 16 <br /> (i) <br />
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