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WHEREAS, it is hereby further officially found and determined that public notice of the <br />time, place, and purpose of this meeting was given, all as required by Texas Government Code, <br />Chapter 551. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF SAN MARCOS, TEXAS: <br />SECTION 1. RECITALS. The recitals set forth in the preamble hereof are incorporated <br />herein and shall have the same force and effect as if set forth in this Section. Capitalized terms <br />used herein shall have the meaning assigned in the preamble hereof or the Contract, unless <br />otherwise defined. <br />SECTION 2. BOND RESOLUTION. The Bond Resolution in substantially the form <br />attached hereto as Exhibit "A" is hereby approved with such changes as approved by the City's <br />Authorized Representative. <br />SECTION 3. CERTIFICATES. The City's Authorized Representative is hereby <br />authorized to sign the Approval Certificate attached hereto as Exhibit "B" reflecting the final <br />interest rates and terms of the Bonds. The Mayor, City Cleric, City Manager and Assistant City <br />Manager are each authorized to sign all certificates and are hereby authorized and directed to do <br />any and all things necessary and/or convenient to carry out the terms of this Resolution and the <br />issuance of the Bonds as requested by the City. <br />SECTION 4. ANNUAL AUDIT. Within 180 days after the City's fiscal year end, the <br />City shall provide the Authority a copy of its annual audit. <br />SECTION 5. IMMEDIATE EFFECT. This Resolution shall take effect immediately <br />from and after its adoption in accordance with the law. <br />ARWA\2019C: ResApprovingResSanMarcos <br />