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<br />I <br /> <br />L-.'\V: :.-j t ~ . ,. L <br /> <br />G I B S 0 I~ . SF' E !'J r,~., t~ "", ,.-~ ( [-) SON <br /> <br />AGS-'-" e ~-- <br /> <br />May 27, 1957 <br /> <br />ik,.. <br /> <br />I <br /> <br />WZ HlDlDY aa'fln that we have examined a eertIf1ed copy of the <br />proceedings of the City Council or the CIty ot San Jlareos, baa, <br />&uthOrt8ing the las~ of CITY OY SAIl MAltCOS PIRlI S'l'A'l'IOII AJrW EQUIP- <br />MDT ftD'IlNDDfG BONDS, SDDtS OP 1957, dated January I, 1957, NwBbered <br />1 to 8S, 1nelU&in, m the de1'lOl81n1ltIon of $1,000 each, aggregating <br />~5.000.00. bearing intereat at the rate ot 3-1/~ per allnUIII, payable <br />.T\l1i7 1, 1951, and aea1-annual17 thereafter on January 1st and July 1st <br />in ..ch "8&1', and _turing on Janua17 let, '5,000 in each of the years <br />196] to 1971, 1Mlul"., and $10,000 in each of the yeara 1972 to 1975. <br /> <br />lnclUlllve; and 1M... of the opinion that such proceedings shoW lawrul <br />authority for the l..uanoe of sald bonds under the Con8tlt~tion and <br />Law. ot the state of Tuaa. <br />lB ~ CER'!Il'Y that.. have eX&lfl1.ne4 one of the executed banda <br /> <br />ot u14 lalJU8 IUII1 f1n4 a.- in due f01"ll ot law and properlJ" execute4, <br />and. in our op1n1on, ..id 1..ue to the &aOW1t of $85,000.00 ato"u1d, <br />eocatitut.. a Yalid and legally b1nd1fl1!: obllgation upon the C1ty of <br />San Marcoe, Texas, and all the taxable property tn ..1d City 1s subject <br />to the leV1 of a tax to pay the .... within the 11altationa preltOrlbed <br />b,. law. <br /> <br />I <br />