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Ord 2023-052 authorizing the issuance and sale of an amount not to exceed $32,700,000 of Combination Tax and Revenue Certificates of Obligation, Series 2023C, levying an ad valorem tax and pledging certain surplus revenues in support of the certificates
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Ord 2023-052 authorizing the issuance and sale of an amount not to exceed $32,700,000 of Combination Tax and Revenue Certificates of Obligation, Series 2023C, levying an ad valorem tax and pledging certain surplus revenues in support of the certificates
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8/17/2023 3:05:01 PM
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8/17/2023 3:04:25 PM
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City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Approving
Number
2023-052
Date
8/1/2023
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City, is additionally secured by and payable from the surplus revenues of the City's Waterworks <br /> and Sewer System, remaining after payment of all operation and maintenance expenses thereof, <br /> and all debt service, reserve and other requirements in connection with all of the City's revenue <br /> bonds or other obligations (now or hereafter outstanding), which are payable from all or part of <br /> the Net Revenues of the City's Waterworks and Sewer System, which amount shall not exceed <br /> $1,000 all as provided in the Ordinance. <br /> BY BECOMING the Registered Owner of this Certificate,the Registered Owner thereby <br /> acknowledges all of the terms and provisions of the Ordinance, agrees to be bound by such terms <br /> and provisions, acknowledges that the Ordinance is duly recorded and available for inspection in <br /> the official minutes and records of the governing body of the City, and agrees that the terms and <br /> provisions of this Certificate and the Ordinance constitute a contract between each Registered <br /> Owner hereof and the City. <br /> IN WITNESS WHEREOF, the City has caused this Certificate to be signed with the <br /> manual or facsimile signature of the Mayor of the City and countersigned with the manual or <br /> facsimile signature of the City Clerk of said City, and has caused the official seal of the City to <br /> be duly impressed, or placed in facsimile, on this Certificate. <br /> City Clerk Mayor <br /> (CITY SEAL) <br /> FORM OF PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE <br /> PAYING AGENT/REGISTRAR'S AUTHENTICATION CERTIFICATE <br /> (To be executed if this Certificate is not accompanied by an <br /> executed Registration Certificate of the Comptroller <br /> Public Accounts of the State of Texas) <br /> It is hereby certified that this Certificate has been issued under the provisions of the <br /> Ordinance described in the text of this Certificate; and that this Certificate has been issued in <br /> conversion or replacement of, or in exchange for, a certificate, certificates, or a portion of a <br /> certificate or certificates of a Series which originally was approved by the Attorney General of <br /> the State of Texas and registered by the Comptroller of Public Accounts of the State of Texas. <br /> Dated REGIONS BANK <br /> Paying Agent/Registrar <br /> By: <br /> Authorized Representative <br /> FORM OF ASSIGNMENT: <br /> ASSIGNMENT <br /> SAN MARCOS\CTRCO2023C: Ordinwice <br />
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