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Ord 2012-014
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Ord 2012-014
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8/13/2012 2:19:28 PM
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8/13/2012 2:17:36 PM
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Signature Guaranteed: <br />________________________________________________________________________ <br />NOTICE: Signature(s) must be guaranteed byNOTICE: The signature above must <br />a member firm of the New York Stockcorrespond with the name of the Registered <br />Exchange or a commercial bank or trustOwner as it appears upon the front of this <br />company.Bond in every particular, without alteration or <br />enlargement or any change whatsoever. <br />INSERTIONS FOR THE INITIAL BONDS <br />(i)The initial Current Interest Bonds shall be in the form set forth in this Exhibit, except that: <br />A. immediately under the name of the Bond, the headings "INTERE RATE" and <br />"MATURITY DATE" shall both be completed with the words "As shownw" and <br />"CUSIP NO." shall be deleted. <br />B. the first paragraph shall be deleted and the following will d: <br />" the City of San Marcos, Texas (the <br />ON THE MATURITY DATE SPECIFIED ABOVE, <br />"Issuer"), being a political subdivision, hereby promises to payegistered Owner specified <br />* <br />above, or registered assigns (hereinafter called the "Registered Owner"), on __________ in each of <br />the years, in the principal installments and bearing interest at per annum rates set forth in the <br />following schedule: <br />YearsPrincipal InstallmentsInterest Rates <br />(Information for the Current Interest Bonds from the Pricing Cer be inserted) <br />The Issuer promises to pay interest on the unpaid principal amount hereof (calculated on the basis <br />* <br />of a 360-day year of twelve 30-day months) from _________ at the per <br />** <br />annum specified above. Interest is payable on _________ and sem on each __________ <br />* <br />and __________ thereafter to the date of payment of the principa specified above; <br />except, that if this Bond is required to be authenticated and thte of its authentication is later than <br />the first Record Date (hereinafter defined), such principal amount shall bear interest from the interest <br />payment date next preceding the date of authentication, unless sate of authentication is after any <br />Record Date but on or before the next following interest payment date, in which case such principal <br />amount shall bear interest from such next following interest payment date; provided, however, that <br />if on the date of authentication hereof the interest on the Bond any, for which this Bond <br />is being exchanged is due but has not been paid, then this Bond shall bear interest from the date to <br />which such interest has been paid in full." <br />* <br />To be completed as determined in the Pricing Certificate. <br />17 <br />San Marcos GORB 2012 - Delegated: Ordinance <br /> <br />
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