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WHEREAS, it is hereby further officially found and determined that the public <br /> notice of the time,place, and purpose of this meeting was given, all as required by Texas <br /> Government Code, Chapter 551. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. The recitals set forth in the preamble hereof are incorporated herein and <br /> shall have the same force and effect as if set forth in this Section. Capitalized terms used herein <br /> shall have the meaning assigned in the preamble hereof or the Contract, unless otherwise defined. <br /> PART 2. The Note Resolution in substantially the form attached hereto as Exhibit <br /> "A" is hereby approved with such changes as approved by the City's Authorized Representative. <br /> The Bond Anticipation Note is approved in the principal amount of up to $46,000,000 and San <br /> Marcos' portion is approved in the estimated amount of$16,216,332.00 based on its proportional <br /> capacity share of 35.85%. <br /> PART 3. The City's Authorized Representative is hereby authorized to sign the <br /> Approval Certificate attached hereto as Exhibit "B" reflecting the final interest rate and term of <br /> the Note. The Mayor, City Clerk, City Manager and Assistant City Manager are each authorized <br /> to sign all certificates and are hereby authorized and directed to do any and all things necessary <br /> and/or convenient to carry out the terms of this Resolution and the issuance of the Note as <br /> requested by the City. <br /> PART 4. Within 180 days after the City's fiscal year end, the City shall provide the <br /> Authority a copy of its annual audit. <br /> PART 5. This resolution shall become effective immediately from and after its <br /> passage. <br /> ADOPTED on December 19, 2023 <br /> 14u,3 <br /> Jane Hughson <br /> Mayor <br /> Attest: <br /> Elizabeth Trevino <br /> City Clerk <br />