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42X Table 9 - Â.IIthorized But Unissued Revenue BondJ - Amount Amount Date Amount Heretofore Being Unissued Puroose Authorized Authorized Issued Issued &lance Wastewatc:r Plant Facilities 09/08190 $ 2.000,000 $ 200.000 $ 0 $ 1 , 800 . 000 Wate:r Treaí:mclt Facilities 09/08190 8.500,000 2.650,000 1,500.000 5,350.000 Wate:r &: Sewer System. 09/08190 1.330.000 0 0 1.330.000 $11.830.000 $2.850.000 Sl,OOO,OOO $8,480,000 Anticipated Issuance of Revenue BondJ . . . The City is in the process of issuing $7.500,000 in revenue bonds through the Texas Wa.tJ::J: Development Board's SRF program. r-' Selected Provisions of the Bond Ordinance \ The City of San Marœs will adopt an ordinance (the '<ordinance") authorizing the Bonds, which will be substantially the same form 83 the ordinance(s) authorizing the outstanding bonds. selected provisions of which are shown below: Section 1.01. Definitions. Unless otherwise expressly provided or unless the context clearly requires otherwise, in this Ordinance the following terms shall have the meanings specified below: «Additional Parity Obligationsn means those obligations the City reserves the right to issue on a parity with the Bonds, herein authorized in accordance with the terms and conditions prescribed in Section 9.02 hereof "Bond" means any of the Bonds. "Bondsn means the City's bonds entitled "City of San Marcos. Texas, Waterworks and Sewer System Revenue Refunding and Improvement Bonds, Series 1995" authorized to be issued by Section 3.01 of this Qrdinance. "Closing Daten means the date of the initial deli very of and payment for the Bonds. "Code" means the Internal Revenue Code of 1986, as amended. including applicable regulations. published rulings and court decisions relating thereto. «Construction Fundn means the construction fund established by Section 8.0l(a) of this Ordinance. "Designated PaymentITransfer Office" means (i) with respect to the initial Paying Agent/R.egistrar named herein. its corporate trust office in Dallas, Texas, and (ii) with respect to any successor Paying AgentlRegistrar. the office of such ( successor de,ñgnAted and located as may be agreed upon by the City and such successor. I "DTC" shall mean The Depository Trust Company of New York. New York:. or any successor securities depository. I J "DTC Participant" shall mean any broker, dealer. bank. trust company, clearing corporation or certain other organizations with Bonds credited to an account maintained on its behalf by DTC. "Escrow Agent" means Texas Commerce Bank: National Association. "Escrow Agreemenf' means the escrow agreement, dated as of , 1995, by and between the City and the Escrow Agent ., '<£saowFund" means the fund referred to in Section 7.04.8.01 and 9.01 of this Ordinance and established by the Escrow.Agreement to hold cash and securities for the payment of principal of and interest on the Refunded Bonds. "Event of Default" means any Event of Default as defined in Section 10.0 1 of this Ordinance. "Fiscal Year" means twelve months' period beginning October 1 of each year and ending September 30 of the succ....A;ng year. "Initial Bondn means the Bond described in Section 3.O4(d) and 6.02(d). '1D.terest and Sinking Fundn means the interest and sinking fund established by Section 8.0 1 (a) of this Ordinance. 16