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<br />216. <br /> <br />NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION <br /> <br />NOTICE IS HEREBY GIVEN that the City Council of the City of San Marcos, Texas (the <br />ACity@), at its meeting to commence at 7:00 P.M. on November 10, 2003, at its regular meeting <br />place in the City Hall, 630 East Hopkins, San Marcos, Texas, tentatively proposes to authorize the <br /> <br />issuance of interest bearing certificates of obligation of the City in total maximum principal amount <br />not exceeding $10,005,000, for the public purpose of paying contractual obligations to be incuned <br /> <br />for the following purposes: constructing, reconstructing and improving streets, including <br />signalization; and constructing and improving drainage facilities. The City presently proposes to <br /> <br />provide for the payment of such certificates of obligation by the levy of ad valorem taxes and a <br />limited pledge of revenues of the City's waterworks and sewer system. <br />