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<br />r'- <br /> <br />I <br /> <br />per annum, interest payable March 1, 1973, and semi-annually there- <br />after on September 1 and March 1 in each year. principal and interest <br />payable upon presentation and surrender of bond or proper coupon at <br />the Frost National Bank, San Antonio, Texas. without exchange or <br />collection charges to the owner or holder hereof, and the City of <br />San Marcos, Texas, is hereby held and firmly bound, and its faith <br />and credit and all real and personal property in said City are hereby <br />pledged for the prompt payment of the principal of this Bond and the <br />interest thereon at maturity. <br />THIS BOND is one of a series of 40 Bonds, numbered consecutively <br />from 1 to 40, inclusive, of the denomination of Five Thousand Dollars <br />($5,000) each, aggregating Two Hundred Thousand Dollars ($200,000), <br />for the purpose of purchasing lands to be used for park purposes for <br />said City under and by virtue of the Constitution and laws of the <br />State of Texas and the Charter of said City, and in pursuance of an <br />ordinance passed by the City Council of said City, which ordinance <br />is of record in the Minutes of said City Council. <br />THE DATE of this bond, in conformity with the ordinance above <br />mentioned, is March 1, 1972. <br />IT IS HEREBY CERTIFIED AND RECITED that the issuance of this <br />Bond, and the series of which it is a part, is duly authorized by <br />law and by a vote of the legally qualified voters of the City of <br />San Marcos, voting at an election held for that purpose within said <br />City on September 27, 1966; that all acts, conditions and things <br />required to be done precedent to and in the issuance of this series <br />of Bonds, and of this Bond, have been properly done and performed <br />and have happened in regular and due time, form and manner as re- <br />quired by law; that sufficient and proper provision for the levy <br />and collection of taxes has been made which when collected ahall be <br />appropriated exclusively to the payment of this Bond, and of the <br />Series of which it is a part, and to the payment of the interest <br />coupons hereto annexed as the same shall become due; and that the <br />total indebtedness of said City, including the entire series of <br /> <br />I <br /> <br />I <br /> <br />- 4 - <br />