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Fonn 8038-GG Infonnation Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales ) Under Internal Revenue Code section 149(e) ) For calendar year ending 19 _ OMB No. 1545-0720 (Rev. May 1995) Department of the Treasury Internal Revenue Service 3 4 rice of the issue is $100,000 or more. Check box if Amended Return ) 0 2 Issuer's employer identification number 74-6002238 Use Form 8038-G if the issue Room/suite $77,114.00 Reporting Authority Issuer's name City of San Marcos Number and street (or P.O. box if mail is not delivered to street address) 630 E. Hopkins Street City, town, or post office, state, and ZIP code San Marcos, TX 78666-0000 Descri tion of Obli ations 5 Issue price of small tax-exempt govemmental obligations reported on this form. . . . . . . 6 Check the box that most nearly approximates the weighted average maturity of the obligation(s): a 0 Less than 5 years b ~ From 5 to 10 years c 0 More than 10 years 7 Check the box that most nearly approximates the weighted average interest rate on the obligation(s): a 0 Less than 5% b ~ From5%t010% c 0 More than 10% 8 Total issue price of the ob/igation(s) reported on line 5 that isIare: a Obligation(s) issued in the form of a lease or installment sale. . b Obligation(s) designated by the issuer under section 265(b)(3)(B)(i)(III) . c ObflQ8tion(s) issued to refund prior issues. . . . . . . . d Loans made from the proceeds of another tax-exempt obligation . Check box if issuer has elected to pay a penalty in lieu of arbitrage rebate. . . . . . . . . . . . . . . . . . . . 0 Under penalties of perjury, I declare that I have examined this retum and accompanying schedules and statements, and to the best of my kn. edge belief, they are true, COI1jeC and complete. * 'U 9 Please Sign Here > Date Issuer's authorized representative Paperwork Reduction Act Notice We ask for the information on this form to carry out the Intemal Revenue laws of the United States. You are required to give us the information. We need it to ensure that you are complying with these laws. The time needed to complete and file this form varies depending on individual circumstances. The estimated average time is: Learning about the law or the form . . Preparing the form . Copying, assembling, and sending the form to the IRS .. 16 min. If you have comments conceming the accuracy of these time estimates or suggestions for making this form simpler, we would be happy to hear from you. You can write to the Internal Revenue Service, Attention: Tax Forms Committee, PC:FP, Washington, DC 20224. DO NOT send the form to this address. Instead, see Where to File on page 2. 1 hr., 46 min. 2 hr., 50 min. General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Purpose of Form Form 8038-GC is used by issuers of tax-exempt governmental obligations to provide the IRS with the information required by section 149(e) and to monitor the requirements of sections 141 through 150. Who Must File Issuers of tax-exempt govemmental obligations with issue prices of less than $100,000 must file Form 8038-GC. Issuers of a tax-exempt governmental obligation with an issue price of $100,000 or more must file Fonn 8038-G, Information Retum for Tax-Exempt Govemmental Obligations. Filing a separate return.-Issuers have the option to file a separate From 8038-GC for any tax-exempt govemmental obligation with Sa $77,114.00 8b Be 8d > ~William L. White. Director of Type or print name and title Fin a n c e an issue price of less than $100,000. Each such separate retum should specify the calendar year in which the issue was issued. An issuer of a tax-exempt bond used to finance construction expenditures must file a separate Form 8038-GC for each issue to give notice to the IRS that an election was made to pay a penalty in lieu of arbitrage rebate (see line 9 instructions). Filing a consolidated return.-For all tax-exempt governmental obligations with issue prices of less than $100,000 that are not reported on a separate Form 8038-GC, an issuer must file a consolidated information retum including all such issues issued within the calendar year. Thus, an issuer may file a separate Form 8038-GC for each of a number of small issues and report the remainder of small issues issued during the calendar year on one consolidated Form 8038-GC. However, a separate Form 8038-GC must be filed to give the IRS notice of the election to pay a penalty in lieu of arbitrage rebate. Form 8038-GC (Rev. 5-95)