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ORD 2021-046/Autorizing the issuance of City of San Marcos Gen Obligation $75,000
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ORD 2021-046/Autorizing the issuance of City of San Marcos Gen Obligation $75,000
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6/24/2021 1:22:34 PM
Creation date
6/10/2021 1:21:00 PM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Approving
Number
2021-46
Date
6/1/2021
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underwriter one registered definitive Bond for each year of maturity of the Bonds, in the <br />aggregate principal amount of all the Bonds for such maturity. <br />Section 7. FORM OF BONDS. The form of the Bonds, including the form of Paying <br />Agent/Registrar's Authentication Certificate, the form of Assignment, and the form of <br />Registration Certificate of the Comptroller of Public Accounts of the State of Texas to be <br />attached to the Bonds initially issued and delivered pursuant to this Ordinance shall be, <br />respectively, substantially as follows, with such appropriate variations, omissions, or insertions <br />as are permitted or required by this Ordinance. <br />FORM OF BONDS <br />(All blanks and any appropriate or necessary insertions or deletions to be completed as <br />determined by the Pricing Officer in the Pricing Certificate) <br />R- UNITED STATES OF AMERICA PRINCIPAL <br />STATE OF TEXAS AMOUNT <br />CITY OF SAN MARCOS, TEXAS$ <br />GENERAL OBLIGATION REFUNDING BOND, SERIES 20_* <br />[FORM OF FIRST PARAGRAPHS OF CURRENT INTEREST BONDS] <br />INTEREST RATE MATURITY DATE DATE OF BOND CUSIP NO. <br />REGISTERED OWNER: <br />PRINCIPAL AMOUNT: <br />ON THE MATURITY DATE specified above, the CITY OF SAN MARCOS, <br />TEXAS (the "Issuer"), being a political subdivision and municipal corporation of the State of <br />Texas, hereby promises to pay to the Registered Owner specified above, or registered assigns <br />(hereinafter called the "Registered Owner"), the Principal Amount specified above, and to pay <br />interest thereon (calculated on the basis of a 360 -day year of twelve 30 -day months) from <br />* at the Interest Rate per annum specified above, payable on *, and <br />semiannually on each I * and * thereafter to the Maturity Date specified <br />above, or the date of redemption prior to maturity; except that if this Bond is required to be <br />authenticated and the date of its authentication is later than the first Record Date (hereinafter <br />* <br />To be completed as determined by the Pricing Officer in the Pricing Certificate. To the extent that the Pricing Certificate relating to the Bonds <br />is inconsistent with any provisions in the Form of Bond or contains information to complete missing information in this Foran of Bond, the <br />language in the Pricing Certificate shall be used in the executed Bonds. <br />10 <br />San Marcos GORB2021 - Delegated: Ordinance <br />
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