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<br />I <br /> <br />days prior to any date upon which any of said Certificates of <br /> <br />Obligation are to be redeemed, notice of redemption shall have <br /> <br />been filed with the paying agent. Should any Certificate or <br /> <br />Certificates not be presented for redemption pursuant to such <br /> <br />notice, and if by the date so fixed for redemption the City shall <br /> <br />have made available funds in amounts sufficient to pay the Certci- <br /> <br />ficates and accrued interest thereon to the date of redemption, <br /> <br />pursuant to such notice, the same shall cease to bear interest <br /> <br />from and after the date so fixed for redemption, and they shall <br /> <br />not be regarded as being outstanding except for the right of the <br /> <br />bearer to receive the redemption price from the paying agent out <br /> <br />of funds provided for such payment. <br /> <br />IT IS HEREBY CERTIFIED, RECITED AND COVENANTED that t:his <br /> <br />Certificate of Obligation and the series of which it is a part <br /> <br />have been duly and validly issued and delivered; that all acts.. <br /> <br />conditions and things required or proper to be per,formed, exist: <br /> <br />1 <br /> <br />and be done precedent to or in the authorization, issuance and <br /> <br /> <br />delivery of this Certificate and the series of which it is a part <br /> <br />have been performed, existed and been done in accordance with law; <br /> <br />that proper provisions have been made for the payment of the <br /> <br />principal of and interest on this Certificate of Obligation and <br /> <br />the series of which it is a part by the levy of a direct and con- <br />tinuing ad valorem tax against all taxable propert:y within said <br /> <br />City and by a pledge of the net revenues of the City's airport. <br /> <br />IN WITNESS WHEREOF, this Certificate of Obligation and <br /> <br />the interest coupons appertaining hereto have been signed with <br /> <br />the facsimile signature of the Mayor of said City and countersigned <br /> <br />with the facsimile signature of the City Secretary of said City, <br /> <br />and the official seal of said City has been duly impressed or <br /> <br />placed in facsimile on this Certificate of Obligation. <br /> <br />I <br /> <br />COUNTERSIGNED: <br /> <br />xxxxxxxxxxxxxxxxxxx <br />Mayor, City of San Marcos, Texas <br /> <br />xxxxxxxxxxxxxxxxxx <br />City Secretary, City of <br />San Marcos, Texas <br />