Ord 2012-014 - Laserfiche WebLink

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, the Escrow Agreement hereinafter authorized, constitutes an ageement of the WHEREAS kind authorized and permitted by said Chapter 1207; and , all the Refunded Obligations mature or are subject to redempti prior to WHEREAS maturity within 20 years of the date of the bonds hereinafter aud: and , the Bonds authorized by this Ordinance are being issued and ded pursuant WHEREAS to the City Charter and Chapter 1207 of the Texas Government Codd other applicable laws: and it is hereby officially found and determined that the meeting a which this WHEREAS, Ordinance was passed was open to the public, and public notice oe, place and purpose of the meeting was given, all as required by Chapter 551, Texas Governm Code. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF SAN MARCOS, TEXAS: . The recitals set forth in the preamble hereof are incorporate Section 1. RECITALS herein and shall have the same force and effect as if set forth on. . For all purposes of this Ordinance, except as otherwise Section 2.DEFINITIONS expressly provided or unless the context otherwise requires, the terms defined in Exhibit "A" to this Ordinance have the meanings assigned to them in Exhibit "A". . The Bonds, Section 3.AMOUNT, NAME, PURPOSE, AND AUTHORIZATION each to be designated the " CITY OF SAN MARCOS, TEXAS GENERAL OBLIGATION " in one or more Series are hereby authorized to be issued and delivered in REFUNDING BONDS, accordance with the Constitution and laws of the State of Texas,cularly Chapters 1207 and 1371, Texas Government Code, as amended, and the Charter of the ds shall be issued in the aggregate principal amount not to exceed $__________ for the purpose of providing funds for (i) refunding the Refunded Obligations and (ii) paying the costsng the Bonds. Section 4.DATE, DENOMINATION, MATURITIES, NUMBERS, INTEREST .(a) Initially there shall be issued, sold, and delivered hereuner one or more AND REDEMPTION Series of fully registered bonds, without interest coupons, whic may be in the form of Current Interest Bonds or Premium Compound Interest Bonds, numbered consard, in the case of Current Interest Bonds, and from PC-1 upward, in the case of Premium Compound Interest Bonds (except the Initial Bond delivered to the Attorne of the State of Texas which shall be numbered T-1 and TPC-1 respectively) payable to the respective initial Registered Owners thereof, or to the registered assignee or assignees of said Bonds or any portion or portions thereof, in Authorized Denominations, maturing not later than August 15, 20___, serially or otherwise on the dates, in the years and in the principal amounts, respectively, ated, as all set forth in the Pricing 2 San Marcos GORB 2012 - Delegated: Ordinance