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Ord 2008-038
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Ord 2008-038
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Last modified
11/6/2009 1:58:59 PM
Creation date
9/17/2008 2:54:12 PM
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Template:
City Clerk
City Clerk - Document
Ordinances
City Clerk - Type
Certificates of Obligation
Number
2008-38
Date
9/16/2008
Volume Book
177
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IT IS HEREBY certified, recited, and covenanted that this Bond has been duly and validly <br />authorized, issued, and delivered; that all acts, conditions, and things required or proper to be <br />performed, exist, and be done precedent to or in the authorization, issuance, and delivery of this Bond <br />have been performed, existed, and been done in accordance with law; and that ad valorem taxes <br />sufficient to provide for the payment of the interest on and principal of this Bond, as such interest <br />comes due, and as such principal matures, have been levied and ordered to be levied against all <br />taxable property in the City, and have been pledged for such payment, within the limit prescribed by <br />law, and that this Bond is additionally secured by and payable from a lien and pledge of the net <br />revenues of the City's ?Uaterworks and ?Uaste ?Uater System, which lien and pledge is subordinate <br />to the City's outstanding ?Uater and Waste Water Parity Obli??.tions in accordance with the <br />ordinances authorizing such Parity Obligations. <br />BY BECOMING the Registered Owner of this Bond, th ? n?, ?ered Owner thereby <br />acknowledges all of the terms and provisions of the Bond Ordinan e, agrees hP bound by such <br />terms and provisions, acknowledges that the Bond Ordinance is d 'v recordec ?Id available for <br />inspection in the official minutes and records of the governin?'???y o ? Cit?J and agrees that the <br />terms and provisions of this Bond and the Bond Ordina? ??;e c? .?stitutc ,? ,,?ntract between each <br />Registered Owner hereof and the City. <br />IN WITNESS WHEREOF, the City has c?. ?d this ? ?e signed with the manual or <br />facsimile signature of the Mayor or Mayor Pro-tem of City and countersigned with the manual <br />or facsimile signature of the City ?'lerk and ' paused . ?ficial seal of the City to be duly <br />impressed, or placed in facsimile, c ?? .C Bc ?a. <br />City Clerk <br />[CITY SERI <br />Mayor <br />SAN MARCOSI CO Rfdg Bonds2008:Ordinance
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