06151955 Regular Meeting - Laserfiche WebLink

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Y; San Antonio, Tex.. June 15. ,19~ To the Honorable Mayor and City Council City of San ~~cos San Marcos , Texa, Gentlemen: For your legally issuerl City of San Marcos Refunding Bonds, in the par value of i~'Ooo . to be dated on or about July l~ ,19--55-, in the denomination of $ 1.000 , payable at First National Bank. San Marcos with interest to be payable semi. tJi.' annually and to me.ture serially and to bear interest from their date until paid in the following manner: .,. Maturity not to exceed twenty-five (25) years. bearing 3-1/2% interest. We will pay: par plus accrued interest from their date to date of delivery to us. This offer is for prompt acceptance only, and is made subject to the unqualified approval of these obligations by the Attorney General of Texas and by Gibson. Spence & Gibson of Austin Texas which firm is to be employed to represent your City , and whose fee will be paid ~y/Rus s ~ll ~j=h~; expenses ineidwt to th"e i~uance and delivery of these bonds, including the printing and additional legal expense, will be borne by~~'rl'e bgnCls are to be delivered to us for payment at the pj rst National Bank, San Marcos , Texas. 1'. s)(t,u~::jr$$~~~~~~~~Z~Z~Z1J~~7'I~~t~~~~~j~Z~Z~Z~W . 'Ill/I I I I I I I I I I Iii IJJ./lltllrlsIl4/i/rI//l/I6I M71J/llll/lli/ll;,1 lrIillltir This agreement shall be in full force and effect for a period of~_days from this date, and in tbe event you are unable for any reason to deliver said bonds to us, in conformity with the provisions of this agreement, within the above prescribed period, then, in that event we shall no longer be bound by the provisions hereof, but shall have an irrevocable option upon such bonds for the~days next succeeding the expiration date of our commitment under tbe same terms and conditions set forth be rein. For our services you will pay us a fee of $800.00. Illl If'ft#rfe/ ,y fr/4 ##NiHNINt#'ffrl# flH'Ill I~N# III#I(//'/I! I I///! // 1// 1/1 I 1//-,./41'1-, / / / / / / / //1// / / / / / / /ltN/aJI Jr//tIJIlrf,~'~'1 /i~1J. N #NeIUVJ/f,~1: 'IrI JJJlrMtl/r/<'/ rilJlijJ.ifjJl.ifllJ. MII!c 1t:t<J hil, Ii Is rf, 'J. /,M/,JI/j.l!ri I Ii till" ~111J,1 /11 Nltlsl Ij~If/f;.~/;jj II ~J/c J, ~~{i~' :f~MItI /,,~~~~ fjjjf~~~1t Jilr/r/rf,IJihl.J/Cilr{ ii/Jill LiIJJIJJAle/1e 'iUJJJ,ljj iti' jjjllJlm /JI/J/ liJe! lit/, IJI/Jirili'/lllll rMNIJ/lJIMJ,Af/JjJ/l1ri1J/ I Respectfully submitted, I RUSS & COMPANY ATTEST: a~ 7--d'~ Approved and acee e~ bis tbe SEAL