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<br /> NOTICE OF-SALE
<br /> AND
<br /> BIDDING INSTRUCTIONS
<br /> ON
<br /> $1.500,000
<br /> CITY OF SAN MARCOs, TEXAS
<br /> (Hays County, Tens)
<br /> WATERWORKS AND SEWER SYSTEM REVENUE BONDs, SERIES 1996-A ,
<br /> Sealed Bids Due Monday, April 22, 1996, at 3:00 PM, CST
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<br /> THE BONDS WILL BE DESIGNATED AS
<br /> ; "QUALIFIED TAX-EXEMPT OBLIGATIONS" FOR FINANCIAL INSTITImONS
<br /> THE SALE
<br /> Bo./lo"DS OFnRED roll s.u.x AT COMPJrnnVE BmDING . . . The City of San Marcœ, Texas (the "City") is offering for sale its
<br /> SI,5oo,000 Waterworks and Sewer System Revenue Bonds, Series 1996-A (the "Bonds").
<br /> ADDRESS 01' BIDs. . . Sealed bids, plainly marked "Bid for Bonds", should be addressed to "Mayor and City Councilmembers,
<br /> City of San Marcos. Texas", and delivered to the office of the Financial Advisor at First Southwest Company, 98 San Jacinto
<br /> Blvd., Suite 370, Austin, Texas, 78701, prior to 3:00 PM, CST, on the date of the bid opening. All bids must be submitted on
<br /> the Official Bid Farm. without alteration or interlineation.
<br /> BIDs:BY TELXPHom OR FACSIMILE. . . Bidders must submit SIGNED Official Bid Forms to Dan Wegmiller, First Southwest
<br /> Company, 98 San Jacinto Blvd., Suite 370, Austin, Texas, 78701, and subniit their bid by telephone or facsimile (fax) on the
<br /> date of the sale.
<br /> Telephone bids will be accepted at (512) 476-4372, between 2:30 PM, CST and 3:00 PM, CST. ~
<br /> Fax bids will be received between 2:30 PM, CST and 3:00 PM, CST, on the date of the sale at (512) 476-4597, attention: Dan
<br /> Wegmiller.
<br /> Fint Southwest Company will not be responsible for submitting any bids received after the above deadlines..
<br /> First Southwest Company assumes no responsibility or liability with respect to any ÌITegularities associated with the
<br /> submission of bids if telephone or fax options are exercised.
<br /> PLAc:z AND TIME 01' BID Qp¡:"'IIING . . . The bids for the Bonds will be publicly opened and read in the office of the Financial
<br /> Advisor at 3:00 PM, CST, Monday, April 22, 1996.
<br /> ( AWARD 01' nm BoNDS. . . The City Council will take action to awatd the Bonds (or reject all bids) at a meeting scheduled to
<br /> ! convene at 7:30 PM, CST, on the date of the bid opening, and adopt an ordinance authorizing the Bonds and approving the
<br /> Official Statement (the "Resolution").
<br /> THE BONDS
<br /> DESClUPTION. . . The Bonds will be dated April 15, 1996 (the "Dated Date"). Interest will accrue from the Dated Date and
<br /> will be due on January 1, 1997 and each July 1 and January 1 thereafter until the earlier of maturity or prior redemption. The
<br /> Bonds will be issued only in fully registered fonn in any integral multiple of $5,000 for anyone maturity. The Bonds will
<br /> mature on January 1 in each year as follows:
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<br /> MATURITY SCHEDULE
<br /> A S4OO,OOO principal amount of Bonds shall be serial Bonds and shall mature on the dates and in the amounts as
<br /> follows:
<br /> Principal Principal
<br /> Year Amount Year Amount
<br /> 1998 S 25,000 2003 S 25,000
<br /> 1999 25,000 2004 50,000
<br /> 2000 25,000 2005 100,000
<br /> 2001 25,000 2006 100,000
<br /> 2002 25,000
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