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<br />The holders of bonds shall look only to the funds estab- <br />lished by the Indenture for the payment of the obligation <br />evidenced thereby and by the attached interest coupons. <br /> <br />I <br /> <br />None of the bonds constitute a debt of the State, the <br />City of San Marcos, the Issuer or of any other political sub- <br />division or agency of this State or a pledge of the faith and <br />credit of any of them, but such bonds and interest thereon shall <br />be payable solely from the said revenues and funds which are <br />pledged to such purpose in the Indenture. Neither Issuer or any <br />political subdivision or agency of the State shall be obligated <br />to pay the same or the interest thereon from any other sourcej <br />neither the faith and credit nor the taxing power of the State, <br />the City of San Marcos or any political subdivision or agency <br />thereof is pledged to the payment of the principal of or the <br />interest on cush bonds. <br /> <br />PASSED AND APPROVED, this the \~. day Of\\\,.J~~~, 1980. <br /> <br /> <br />.v-L "/ <br />Marcos <br /> <br />M <br /> <br />ATTEST: <br /> <br />~~?w~JL~~ <br /> <br />Cl. y Secretary <br />City of San Marcos <br /> <br />I <br /> <br />I <br />