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",..."..... C~ lU~ :.J"b iLC.i I. '111% :,~ n w ~ ::s ~i~ ORDINANCE NO. iL~ tt: A~~INANCE OF THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, \ Il n A"'ORIZING THE ISSUANCE AND SALE OF CITY OF SAN MARCOS, TEXAS, GENERAL OBLIGATION BONDS, SERIES 2000; LEVYING AN ANNUAL AD VALOREM TAX TO PAY SAID BONDS; PRESCRIBING THE FORM OF SAID BONDS; AWARDING THE SALE Q IfI~OF; APPROVING THE OFFICIAL STATEMENT; ENACTING OTHER PROVISIONS ~ tfr TING TO THE SUBJECT; AND DECLARING AN EMERGENCY ~.... l:t:: '.P 611.' :) L:UQ'S ~ 11; WHEREAS, general obligation bonds of the City were duly and favorably voted, pursuant to the laws ~tt State of Texas, at an election held in the City on the date hereinafter set forth; and the following are among the purposes and principal amounts of the bonds which were authorized, together with the total principal amount previously issued pursuant to each voted authorization, the principal amount therefrom being issued pursuant to this Ordinance, and the principal balance to remain unissued after the issuance of the bonds hereinafter authorized, to-wit: Principal Principal Principal Amount Principal Amount Election Amount Previously Amount Remaining Date Purpose Authorized Issued This Issue Unissued 11-3-98 Acquiring land for City streets $1,500,000 -0- $1,500,000 $-0- 11-3-98 Streets, including River Road, Davis Street, Aquarena Springs Drive, Holland Street and Bishop Street 4,110,000 $4,110,000 -0- -0- 11-3-98 Constructing, -0- reconstructing and improving Westover Area 1,415,000 1,415,000 -0- Streets 11-3-98 Fire Stations 1,210,000 1,210,000 -0- -0- and WHEREAS, the City Council considers it to be in the best interest of the City at this time to proceed with the issuance and sale of such general obligation bonds, as authorized by the laws of the State of Texas, including, particularly, Tex. Gov't Code Ann. ~ 1331.052; Now, Therefore BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: R:ISANMARlGO.OOIDOCSIFINALIOrdgo.wpd