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recreational facilities, including additional acquisition costs for the Spring Lake Preserve; (5) <br />additional costs related to constructing, improving and equipping the Central Fire Station; (6) <br />constructing, improving and stabilizing portions of the San Marcos River Bank; (7) constructing, <br />improving and equipping the multi service facility, including any necessary land acquisition; (8) <br />additional costs for the bike and pedestrian improvements; and (9) the payment of professional <br />services in connection therewith including legal, fiscal and engineering fees and the costs of issuing <br />the certificates of obligation. <br />Section 3.02. Date, Denomination, Maturities, Numbers and Interest. <br />(a) The Certificates shall have the Original Issue Date of March 1, 2008, shall be in fully <br />registered form, without coupons, in the denomination of $5,000 or any integral multiple thereof, and <br />shall be numbered separately from one upward or such other designation acceptable to the City and <br />the Paying Agent/Registrar. <br />(b) The Certificates shall mature on August 15 in the years and in the principal amounts <br />and interest rates set forth below, interest on each Certificate accruing from the Original Issue Date <br />or the most recent Interest Payment Date to which interest has been paid or provided for at the per <br />annum rates of interest, payable semiannually on February 15 and August 15 of each year until the <br />principal amount shall have been paid or provision for such payment shall have been made, <br />commencing February 15, 2009, as follows: <br /> <br />Year Principal <br />Amount Interest <br />Rate <br />Year Principal <br />Amount Interest <br />Rate <br />2009 $1,035,000 3.500% 2019 $475,000 4.400% <br />2010 355,000 3.500% 2020 495,000 4.625% <br />2011 350,000 3.500% 2021 515,000 4.750% <br />2012 365,000 4.000% 2022 535,000 4.800% <br />2013 380,000 4.000% 2023 565,000 4.875% <br />2014 395,000 4.000% 2024 865,000 5.000% <br />2015 415,000 4.000% 2025 1,190,000 5.000% <br />2016 420,000 4.000% 2026 1,250,000 5.000% <br />2017 450,000 4.000% 2027 1,445,000 5.000% <br />2018 460,000 4.250% <br />San Marcos CTRCO 2008. Ordinance 6 <br />