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TABLE OF CONTENTS <br />Page <br />Recitals.................................................................................................................................... 1 <br />ARTICLE I <br />DEFINITIONS AND OTHER PRELIMINARY MATTERS <br />Section1.01. Definitions..........................................................................................................2 <br />Section 1.02. Other Definitions............................................................................................... 4 <br />Section1.03. Findings..............................................................................................................4 <br />Section 1.04. Table of Contents, Titles and Headings.............................................................4 <br />Section1.05. Interpretation......................................................................................................5 <br />ARTICLE II <br />SECURITY FOR THE CERTIFICATES <br />Section 2.01. Tax Levy for Payment of the Certificates......................................................... 5 <br />Section2.02. Revenue Pledge.................................................................................................. 5 <br />Section 2.03. Perfection of Security Interest........................................................................... 5 <br />ARTICLE Ill <br />AUTHORIZATION; GENERAL TERMS <br />AND PROVISIONS REGARDING THE CERTIFICATES <br />Section3.01. Authorization..................................................................................................... 6 <br />Section 3.02. <br />Date, Denomination, Maturities, Numbers and Interest....................................6 <br />Section 3.03. <br />Medium, Method and Place of Payment........................................................... <br />7 <br />Section 3.04. <br />Execution and Initial Registration..................................................................... <br />8 <br />Section3.05. <br />Ownership..........................................................................................................9 <br />Section 3.06. <br />Registration, Transfer and Exchange................................................................. <br />9 <br />Section 3.07. <br />Cancellation and Authentication......................................................................11 <br />Section 3.08. <br />Replacement Certificates.................................................................................12 <br />Section 3.09, <br />Book -Entry Only System.................................................................................13 <br />Section 3.10. <br />Successor Securities Depository; Transfer Outside <br />Book -Entry Only System...............................................................................13 <br />Section 3.11. <br />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 />San Marcos CIRCO 2019: Ordinance <br />