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<br />NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION <br /> <br />NOTICE IS HEREBY GIVEN that the City Council of the City of San Marcos, Texas, at its <br />meeting to commence at 7:00 P.M. on March 27,2000, at its regular meeting place in the City Hall, <br />630 East Hopkins, San Marcos, Texas, tentatively proposes to authorize the issuance of interest <br />bearing certificates of obligation of said City in total maximum principal amount not exceeding <br />$1,500,000, for the public purpose of paying contractual obligations to be incurred for constructing, <br />reconstructing and improving downtown streets, including related sidewalks, signage, lighting, drainage, <br />and utility relocations. The City presently proposes to provide for the payment of such certificates <br />of obligation by the levy of ad valorem taxes and a pledge of revenues of the City's waterworks and <br />sewer system. <br />