Ord 1974-005 - Laserfiche WebLink

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59-h NO. $- ON THE 1ST DAY OF I The City of San Marcos, Texas, promises to pay to bearer (unless the Bond to which this coupon is attached is then callable for redemption and has been so called and provision for the re- demption thereof duly made), at The First National Bank of San Marcos, San Marcos, Texas, or at the option of the holder, at the Frost National Bank, San Antonio, Texas, the sum of Dollars ($_), in lawful money of the United states of America, without exchange or collection charges to the owner or holder hereof, said sum being ___ months' interest due that day on CITY OF SAN MARCOS, TEXAS, GENERAL OBLIGATION BOND, SERIES 1974, dated February 1, 1974, No. City Secretary Mayor Section 8. That substantially the following certificate shall I be printed on the back of each bond; OFFICE OF COMPTROLLER STATE OF TEXAS REGISTER NO. I HEREBY CERTIFY that this Bond has been examined, certified as to validity, and approved by the Attorney General of the State of Texas; and that this Bond has been registered by the Comptroller of Public Accounts of the State of Texas. WITNESS MY HAND and seal of office at Austin, Texas, this Comptroller of Public Accounts of the State of Texas Section 9. IT IS FURTHER ORDAINED by the City Council of the I City of San Marcos, Texas, that while said bonds, or any of them, are outstanding and unpaid, there shall be annually levied and assessed, and collected, in due time, form and manner, a tax upon all taxable property in the City sufficient to pay the current interest on said bonds and create a sinking fund sufficient to pay each installment of the principal as the same becomes due; and I L - 8 -