Ord 1982-054 - Laserfiche WebLink

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to time in part, at a price equal to the principal amount plus unpaid accrued interest thereon to the date fixed for redemption. At least thirty days prior to the date fixed for any such redemption, the City shall cause a wirtten notice of such redemption to be filed with the Paying Agent. By the date fixed for any such redemption, due provision shall be made with the Paying Agent for the payment of the required redemption price. If such written noice of redemption is so filed and if due provision for such payment is made, all as provided above, the certificates which are to be so redeemed thereby automatically shall be redeemed prior to their scheduled maturities; and they shall not be regarded as being outstanding except for the purpose of being paid by the Paying Agent with the funds so provided for such payment. IT IS HEREBY CERTIFIED, RECITED AND COVENANTED that the issuance of this certificate and the series of certificates of which it is a part is duly authorized by law; that all acts, conditions and things required or proper to be performed, exist and be done precedent to or in the issuance and delivery of this certificate and the series of certificates of which it is a part have been performed, existed, and been done as required by law; that due provision has been made for the payment of the principal of and interest on this certificate and the series of which it is a part by the levy of a direct and continual ad valorem tax against all taxable property wi thin said Ci ty and by a pledge of and lien on the net revenues of the City's waterworks and sewer system; provided that such pledge and lien is subordinate and inferior to the pledge of and lien on such revenues to the Outstanding Bonds (as such term is defined in the Ordinance authorizing the issuance of this ser ies of certificates of obligation) and to any bonds or other securities issued to be on a parity with any of the Outstanding Bonds. SAID CITY RESERVES THE RIGHT to issue additional parity certificates and bonds, which may be payable from the same source, secured in the same manner and placed on a parity with this certificate and the series of which it a part. IN WITNESS WHEREOF, this certificate and the interest coupons appertaining hereto have been signed with the facsimile signature of the Mayor of said City and countersigned with the facsimile signature of the City Secretary of said City, and the official seal of said City has been duly impressed or placed in facsimile on this certificate. xxxxxxxxxxxxxxxxxxxxxxxx City Secretary, City of San Marcos, Texas xxxxxxxxxxxxxxxxxxxxxxxx Mayor, City of San Marcos, Texas (SEAL) FORM OF REGISTRATION CERTIFICATE: COMPTROLLER'S REGISTRATION CERTIFICATE: REGISTER NO. I HEREBY CERTIFY that this certificate has been examined, certified as to validity, and approved by the Attorney General of the State of Texas and that this certificate has been registered by the Comptroller of Public Accounts of the State of Texas. WITNESS my signature and seal this Comptroller of Public Accounts of the State of Texas (SEAL)