Ord 1974-005 - Laserfiche WebLink

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59-g IT IS HEREBY CERTIFIED, RECITED AND REPRESENTED that the I issuance of this Bond, and the series of which it is a part, is duly authorized by law; that all acts, conditions and things re- quired to be done precedent to and in the issuance of this Bond, and the series of which it is a part, have been properly done and performed and have happened in regular and due time, form and manner as required by law; that due provision has been made for levying and collecting annually by taxation an amount sufficient to pay the interest on this Bond, and the series of which it is a part, as it falls due and to provide a Sinking fund for the final redemption thereof at maturity; and that the total in- debtedness of said City, including the entire series of Bonds of which this is one, does not exceed any constitutional or statutory limitation. IN ADDITION to all other rights, the holder or holders of I this Bond, and of the series of which it is a part, is and are subrogated to all the rights and has and have all of the remedies of the holders of the original indebtedness refunded by this issue of Bonds. IN WITNESS WHEREOF, the City of San Marcos, Texas, by its City Council, has caused its corporate seal to be impressed, or a facsimile thereof printed, on this Bond, and this Bond and its appurtenant coupons to be executed with the imprinted facsimile signatures of the Mayor and City Secretary of said City, in accordance with the provisions of Article 717j-l, Vernon's Civil Statutes of Texas, as amended. Mayor, City of San Marcos, Texas I COUNTERSIGNED: City Secretary, City of San Marcos, Texas Section 7. That the form of interest coupons attached to each of said Bonds shall be substantially as follows: - 7 - L