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FIRST SUPPLEMENTAL ORDINANCE TO THE <br /> MASTER ORDINANCE ESTABLISHING THE <br /> CITY OF SAN MARCOS, TEXAS <br /> WATERWORKS AND WASTEWATER SYSTEM REVENUE FINANCING PROGRAM <br /> TABLE OF CONTENTS <br /> SECTION PAGE <br /> ARTICLE I BONDS ISSUED UNDER WATERWORKS AND WASTEWATER <br /> SYSTEM REVENUE FINANCING PROGRAM 1 <br /> Section 1.01. DEFINITIONS.............................................................................................1 <br /> Section 1.02. ESTABLISHMENT OF FINANCING PROGRAM <br /> AND ISSUANCE OF PARITY DEBT.......................................................2 <br /> Section 1.03. FIRST SUPPLEMENT TO CONSTITUTE A CONTRACT; <br /> EQUAL SECURITY ...................................................................................2 <br /> Section 1.04. LIMITATION OF BENEFITS WITH RESPECT TO THIS <br /> FIRST SUPPLEMENT................................................................................2 <br /> ARTICLE II BOND AUTHORIZATION AND SPECIFICATIONS .........................3 <br /> Section 2.01. AMOUNT, PURPOSE AND DESIGNATION OF THE BONDS .............3 <br /> Section 2.02. DATE, DENOMINATIONS,NUMBERS, MATURITIES <br /> AND TERMS OF BONDS..........................................................................3 <br /> Section 2.03. PAYMENT OF BONDS; PAYING AGENT/REGISTRAR......................4 <br /> Section 2.04. REDEMPTION............................................................................................5 <br /> Section 2.05. REGISTRATION; TRANSFER; EXCHANGE OF BONDS; <br /> PREDECESSOR BONDS; BOOK-ENTRY-ONLY SYSTEM; <br /> SUCCESSOR SECURITIES DEPOSITORY; PAYMENTS TO <br /> CEDE& CO. ...............................................................................................7 <br /> Section 2.06. INITIAL BOND...........................................................................................9 <br /> Section 2.07. FORM OF BONDS......................................................................................9 <br /> ARTICLE III EXECUTION; REPLACEMENT OF BONDS; AND BOND <br /> INSURANCE............................................................................................10 <br /> Section 3.01. EXECUTION AND REGISTRATION.....................................................10 <br /> Section 3.02. CONTROL AND CUSTODY OF BONDS ..............................................10 <br /> Section 3.03. PRINTED OPINION.................................................................................11 <br /> Section 3.04. CUSIP NUMBERS....................................................................................11 <br /> Section 3.05. MUTILATED, DESTROYED, LOST, AND STOLEN BONDS.............I I <br /> Section 3.06. BOND INSURANCE ................................................................................12 <br /> i <br /> San Marcos I WWSRB 2025!V Supplemental Ordinance <br />