Ord 2025-013 authorizing the issuance and sale of an approximate amount of $30,450,000.00 of Waterworks and Wastewater System Revenue Bonds, Series 2025, pledging the revenues of the water and wastewater system in support of the bonds

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EXHIBIT A DEFINITIONS As used in this First Supplement, the following terms shall have the meanings set forth below, unless the text hereof specifically indicates otherwise: "Authorized Denominations" - Means $5,000 or any integral multiple thereof. "Authorized Representative" - Means the City Manager, Assistant City Manager or such other individuals so designated by the City to perform the duties of an Authorized Representative under this First Supplement. "Bonds" - The Bonds issued pursuant to and governed by this First Supplement, as described in Article II hereof. "Bond Insurer" - One or more companies, if any, insuring all or any portion of the Bonds (or any portion thereof) or any successor thereof or assignee thereof. "Chief Financial Officer" - Means the Finance Director or such other officer or employee of the City or such other individual so designated by the City to perform the duties of Chief Financial Officer under this First Supplement. "Current Interest Bonds" - The Bonds paying current interest and maturing in each of the years and in the aggregate principal amounts set forth in this Ordinance. "Defeasance Securities" - Means (i) Federal Securities, (ii) noncallable obligations of an agency or instrumentality of the United States of America, including obligations that are unconditionally guaranteed or insured by the agency or instrumentality and that, on the date the City adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provide for the funding of an escrow to effect the defeasance of Bonds are rated as to investment quality by a nationally recognized investment rating firm not less than "AAA" or its equivalent, and(iii)noncallable obligations of a state or an agency or a county,municipality, or other political subdivision of a state that have been refunded and that, on the date the City adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provide for the funding of an escrow to effect the defeasance of Bonds, are rated as to investment quality by a nationally recognized investment rating firm no less than "AAA" or its equivalent. "DTC" - The Depository Trust Company, New York, New York, or any successor securities depository. "DTC Participant" - Securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations on whose behalf DTC was created to hold securities to facilitate the clearance and settlement of securities transactions among DTC Participants. A-1 San Marcos I WWSRB 2025 1 1"Supplemental Ordinance