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t <br />ORDINANCE NO. <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, <br />AUTHORIZING THE ISSUANCE AND SALE OF CITY OF SAN MARCOS, TEXAS, <br />COMBINATION TAX AND REVENUE CERTIFICATE OF OBLIGATION, SERIES 2008A; <br />PROVIDING FOR THE SECURITY FOR AND PAYMENT OF SAID CERTIFICATE; <br />PRESCRIBING THE FORM OF SAID CERTIFICATE; AWARDING THE SALE <br />THEREOF; AUTHORIZING A PAYING AGENT/REGISTRAR AGREEMENT AND AN <br />INVESTMENT LETTER; AND ENACTING OTHER PROVISIONS RELATING TO THE <br />SUBJECT <br />WHEREAS, the City Council (the "City Council") of the City of San Marcos, Texas (the <br />"City"), by resolution adopted on August 5, 2008, directed publication of notice of the City's <br />intention to issue a maximum principal amount not to exceed $7,600,000 certificates of obligation <br />of the City for the purposes hereinafter set forth; <br />WHEREAS, such notice was published in the manner and to the extent required by law; <br />WHEREAS, there has not been filed with the City Clerk or any other officer of the City a <br />petition protesting the issuance of such certificates of obligation and requesting an election on same; <br />WHEREAS, it is affirmatively found and determined that the City is authorized to proceed <br />with the issuance and sale of such certificates of obligation as authorized by the Constitution and laws <br />of the State of Texas, including, particularly, Tex. Loc. Gov't Code Ann. ch. 271, subch. C, and Tex. <br />Gov't Code ch. 1502; and <br />WHEREAS, it is officially found, determined and declared that the meeting at which this <br />Ordinance has been adopted was open to the public and public notice of the date, hour, place and <br />subject of said meeting, including this Ordinance, was given, all as required by the applicable <br />provisions of Tex. Gov't Code Ann. ch. 551; Now, Therefore <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: <br />ARTICLE I <br />DEFINITIONS AND OTHER PRELIMINARY MATTERS <br />Section 1.01. Definitions. <br />Unless otherwise expressly provided or unless the context clearly requires otherwise, in this <br />Ordinance the following terms shall have the meanings specified below: <br />San Marcos CTRCO 200BA: Ordinance