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Ord 1998-057
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Ord 1998-057
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Last modified
4/24/2007 1:38:09 PM
Creation date
4/16/2007 5:04:02 PM
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City Clerk
City Clerk - Document
Ordinances
Number
1998-57
Date
8/24/1998
Volume Book
134
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<br /> THERE BE LEVIED AND PLEDGED, ASSESSED AND COLLECTED <br /> ANI\TUALLY AD VALOREM TAXES ON ALL TAXABLE PROPERTY IN SAID <br /> CITY IN AN AMOUNT SUFFICIENT TO PAY THE ANNUAL INTEREST ON <br /> SAID BONDS AND PROVIDE A SINKING FUND TO PAY SAID BONDS AT <br /> MATURITY? <br /> CITY OF SAN MARCOS <br /> BOND PROPOSITION NO.4 <br /> SHALL THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, BE <br /> AUTHORIZED TO ISSUE AND SELL THE BONDS OF SAID CITY IN THE <br /> AGGREGATE PRINCIPAL AMOUNT OF $1,210,000, FOR THE PURPOSE OF <br /> CONSTRUCTING, IMPROVING AND EQUIPPING FIRE STATIONS IN SAID <br /> CITY AND PURCHASING LAND AND INTERESTS IN LAND AND <br /> PROPERTIES NECESSARY THEREFOR; WITH SAID BONDS TO BE ISSUED <br /> IN ONE OR MORE SERIES OR ISSUES, TO MATURE SERIALLY OR <br /> OTHERWISE AND BEAR INTEREST AT SUCH RATE OR RATES, NOT TO <br /> EXCEED THE RESPECTIVE LIMITS PRESCRIBED BY LAW AT THE TIME <br /> OF ISSUANCE, AND TO BE SOLD AT SUCH PRICE OR PRICES, AS THE <br /> CITY COUNCIL IN ITS DISCRETION SHALL DETERMINE; AND SHALL <br /> THERE BE LEVIED AND PLEDGED, ASSESSED AND COLLECTED <br /> ANNUALLY AD VALOREM TAXES ON ALL TAXABLE PROPERTY IN SAID <br /> CITY IN AN AMOUNT SUFFICIENT TO PAY THE ANNUAL INTEREST ON <br /> SAJD BONDS AND PROVIDE A SINKING FUND TO PAY SAID BONDS AT <br /> MATURITY? <br /> (b) Said election shall be held and conducted as ajoint election with Hays County (the <br /> "County"), pursuant to an agreement with respect to such joint election entered into by this City <br /> Council and the Commissioners Court of the County. <br /> Section 3. Precincts and Polling Places. <br /> The election precincts for said election only, and the polling place for each such precinct on <br /> election day, are hereby established and designated in Exhibit A attached hereto, which is <br /> incorporated herein by reference and made a part hereof for all purposes. <br /> Section 4. Early Voting. <br /> <br /> The Main Early Voting Polling Place and the Temporary Branch Early Voting Polling Places <br /> for conducting early voting by personal appearance, and the address for early voting by mail, for said <br /> election only are set forth in Exhibit A attached hereto. <br /> R:\SANMAR \BOND ELEC, 98\DOCSIELECO RD, F:-I 3 <br />
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