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ORDINANCE NO. 202341
<br /> ORDINANCE AUTHORIZING THE ISSUANCE OF THE CITY OF SAN MARCOS,
<br /> TEXAS, AUTHORIZING THE ISSUANCE AND SALE OF AN AMOUNT NOT TO
<br /> EXCEED $4,060,000 OF COMBINATION TAX AND SURPLUS REVENUE
<br /> CERTIFICATES OF OBLIGATION, SERIES 2023A FOR (1) PLANNING,
<br /> ACQUISITION, DESIGN AND CONSTRUCTION OF CERTAIN DRAINAGE AND
<br /> FLOOD CONTROL IMPROVEMENTS; AND (2) THE PAYMENT OF PROFESSIONAL
<br /> SERVICES IN CONNECTION THEREWITH INCLUDING LEGAL, FISCAL AND
<br /> ENGINEERING FEES AND THE COSTS OF ISSUING THE CERTIFICATES OF
<br /> OBLIGATION AND OTHER MATTERS RELATED THERETO
<br /> WHEREAS, on the 7th day of March, 2023, the City Council of the City of San Marcos
<br /> (the "City" or the "Issuer") adopted a resolution authorizing and directing notice of its intention to
<br /> issue the Certificates of Obligation in an amount not to exceed $4,060,000, to be published in a
<br /> newspaper as required by Section 271.049 of the Texas Local Government Code; and
<br /> WHEREAS, said notice was published in the San Marcos Daily Record, as required by
<br /> Section 271.049 of the Texas Local Government Code, on March 10, 2023 and March 17, 2023;
<br /> and
<br /> WHEREAS, no petition, signed by 5%of the qualified electors of the Issuer as permitted
<br /> by Section 271.049 of the Texas Local Government Code protesting the issuance of such
<br /> Certificates of Obligation, has been filed; and
<br /> WHEREAS, the Certificates of Obligation hereinafter authorized are to be issued and
<br /> delivered pursuant to Subchapter C of Chapter 271 of the Texas Local Government Code; and
<br /> WHEREAS, there are presently outstanding Combination Tax & Revenue Certificates of
<br /> Obligation, Series 2008A, General Obligation Refunding Bonds, Series 2012, Combination Tax
<br /> & Revenue Certificates of Obligation, Series 2013, General Obligation Refunding Bonds, Series
<br /> 2013, Combination Tax & Revenue Certificates of Obligation, Series 2014, General Obligation
<br /> Refunding Bonds, Series 2014, General Obligation Refunding Bonds, Series 2014A, General
<br /> Obligation Refunding Bonds, Taxable Series 2014B, Combination Tax&Revenue Certificates of
<br /> Obligation, Series 2015, General Obligation Refunding Bonds, Series 2016, Combination Tax &
<br /> Revenue Certificates of Obligation, Series 2016, Combination Tax & Revenue Certificates of
<br /> Obligation, Series 2017, Combination Tax & Revenue Certificates of Obligation, Series 2018,
<br /> General Obligation Bonds, Series 2018, Combination Tax & Surplus Revenue Certificates of
<br /> Obligation, Series 2018, Combination Tax & Revenue Certificates of Obligation, Series 2019,
<br /> General Obligation Refunding Bonds, Series 2019, General Obligation Refunding Bonds, Series
<br /> 2020, Combination Tax & Revenue Certificates of Obligation, Series 2020, Combination Tax &
<br /> Revenue Certificates of Obligation, Series 2021, Combination Tax & Revenue Certificates of
<br /> Obligation, Series 2021A, Combination Tax&Revenue Certificates of Obligation, Series 2021B,
<br /> General Obligation Bonds, Series 2021, General Obligation Refunding Bonds, Taxable Series
<br /> 2021, Combination Tax and Revenue Certificates of Obligation, Series 2022, Combination Tax
<br /> and Surplus Revenue Certificates of Obligation, Series 2022 (collectively, the "Outstanding Tax
<br /> Obligations");
<br /> 1
<br /> SAN MARCOS(TWDB)CTRCO 2023&2023A:Ordinance($4,060000)
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