Res 1992-038 - Laserfiche WebLink

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CERTIFICATE OF UNDERWRITER The undersipcd hereby certifiea u follows with respect to the: ule of 52,895,000 CITY OF SAN MARCOS, TEXAS GENERAL OBLIGATION BONDS, SERIES 1992 (the -Bonds-). 1. The undersiined is the underwriter or the manager of the syndicate of underwriters which baa purchased the Bonda from the City of San Marcos, TeXAS (the -City-) at competitive aa1o. 2. The undersigned and/or one or more other members of the underwriting syndicate, if any, have made a bona fide offering of the Bonda of each maturity to the public, 3, The initial offering price (exprcaacd u a yield) for the Bonda of each maturity at which a substantial amount of the Bondi of such maturity was IOld to the public is u IC:t forth below: Principal Principal Amount Year of Amount Year of Maturin2 Maturity Yield Maturinl!: Matutitv Yield $ 45,000 1993 $ 175,000 2001 100,000 1994 175,000 2002 125,000 1995 200,000 2003 125,000 1996 225,000 2004 150,000 1997 300,000 200s 150,000 1998 325 ,000 2006 175,000 1999 450,000 2007 175,000 2000 4. The lenn "public", u used herein, means penons other than bondhousea, brokers, dealers, and similar persons or organizations acting in the capacity of underwriters or wholesalers. 5. The offering prices (yields) described above reflect current market prices at the time of such sa1ca. 6. The undersigned understands that the statements made herein will be relied upon by the City in its effort to comply with the conditions impoacd by the Internal Revenue Code of 1986 OD the exclusion of interest on the Bonds from the gross income of their owncn. EXECUTED and DELIVERED thi.a day of ,1992. (Name of Underwriter or Manager) By (TrtJc)