Res 2005-036 - Laserfiche WebLink

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CERTIFICATE APPROVING THE FINAL TERMS OF THE BONDS I, the undersigned ofthe City of San Marcos, Texas (the "City"), hereby certifY the following information relating to the issuance of the City of San Marcos, Texas, Waterworks and Waste Water System Revenue Refunding Bonds, Series 2005 (the "Bonds"), pursuant to authority granted by Tex. Gov't Code Ann. S 1207.007 and by Sections 3.02 of the Ordinance authorizing the issuance of the Bonds (the "Ordinance") adopted by the City Council of the City on March 21,2005. Capitalized terms used in this Certificate, not otherwise defined herein, shall have the same meanings as set forth in the Ordinance. 1. The Bonds shall have the Original Issue Date of in the aggregate principal amount of $ , 20_, and shall be issued 2. The Bonds shall mature on 15 in each of the years and in the principal amounts, and shall bear interest from the Original Issue Date to their respective date of maturity or prior redemption at the respective rates per annum, as follows: Principal Interest Principal Interest Year Amount Rate Year Amount Rate 3. Interest on the bonds shall be payable on each February 15 and August 15, commencing on 15, 200_, until maturity or prior redemption. 4. The Bonds maturing on and after 15,20_, may be redeemed prior to their scheduled maturities, at the option ofthe City, on 15,20_, or on any date thereafter at the redemption price equal to plus accrued interest to the date fixed for redemption. 5. The Bonds scheduled to mature on (the "Term Bonds") are subject to scheduled mandatory redemption by the Paying Agent/Registrar (or DTC or a successor securities depository, as applicable, if the Bonds are in Book-Entry form) by lot, or by any other customary method that results in a random selection, at a price equal to the principal amount thereof, plus accrued interest to the redemption date, out of moneys available for such purpose in the Interest and Sinking Fund, on the dates and in the respective principal amounts, set forth in the following schedule: R:\San M Brco~\WWWW Rfd.05\Docs\Ordinance\Ord Final.wpd