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Ord 2023-041 authorizing the issuance and sale of an amount not to exceed $4,060,000.00 of Combination Tax and Surplus Revenue Certificates of Obligation
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Ord 2023-041 authorizing the issuance and sale of an amount not to exceed $4,060,000.00 of Combination Tax and Surplus Revenue Certificates of Obligation
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6/21/2023 9:17:42 AM
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6/21/2023 9:17:06 AM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Approving
Number
2023-41
Date
5/16/2023
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Section 5.09. Legislative Contracting Req uirements.Pursuant to Section 2252.152, <br /> Texas Government Code, neither the Bank nor any wholly-owned subsidiary, majority-owned <br /> subsidiary, parent company or affiliate of the Bank is a company currently listed by the Texas <br /> Comptroller of Public Accounts under Sections 806.051, 807.051, or 2252.153 of the Texas <br /> Government Code. <br /> This Agreement does not constitute a contract for goods or services with a value of <br /> $100,000 or more that is to be paid wholly or partly from public funds of a governmental entity <br /> for which a written verification is required under Section 2271.002, Texas Government Code, or <br /> under Section 2274.002 (as added by Senate Bill 13 in the 87th Texas Legislature, Regular <br /> Session), Texas Government Code, as amended, and Section 2274.002 (as added by Senate Bill <br /> 19 in the 87th Texas Legislature, Regular Session), Texas Government Code, as amended. <br /> ARTICLE SIX <br /> MISCELLANEOUS PROVISIONS <br /> Section 6.01. Amendment. <br /> This Agreement may be amended only by an agreement in writing signed by both of the <br /> parties hereto. <br /> Section 6.02. Assignment. <br /> This Agreement may not be assigned by either party without the prior written consent of <br /> the other. <br /> Section 6.03. Notices. <br /> Any request, demand, authorization, direction, notice, consent, waiver, or other document <br /> provided or permitted hereby to be given or furnished to the Issuer or the Bank shall be mailed or <br /> delivered to the Issuer or the Bank, respectively, at the addresses shown on the signature page of <br /> this Agreement. <br /> Section 6.04. Effect of Headings. <br /> The Article and Section headings herein are for convenience only and shall not affect the <br /> construction hereof. <br /> Section 6.05. Successors and Assigns. <br /> All covenants and agreements herein by the Issuer and the Bank shall bind their <br /> respective successors and assigns,whether so expressed or not. <br /> Any corporation into which the Bank may be merged or converted or with which it may <br /> SAN MARCOS CTRCO 2023(TWDB):PayingAgtRegAgrmnt <br />
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