Res 1992-038 - Laserfiche WebLink

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AutheaticltJ of F'manclal Data and Other Informatloa The financial data and other information contained herein have been obtained from the City'. record., audited financial statements and other IOUrcel which are believed to be reliable. There it no guarantee that any of the as.umption. or catimatea contained herein will be realized. All of the summarica of the statutes, documents and resolutioOl contained in this Official Statement arc made .ubject to aU of the provisions of.uch statutes, documents and resolutions. These .ummaries do not purport to be complete statements of such provitions and rcferencc it made to such documents for further information. Reference it made to original documents in all respects. F'lDandal Advisor P"trlt Southwest Company it employed as Financial Advisor to the City in connection with the issuance of the Bonda. The Financial Advisor's fce for services tendered with respect to the sale of the Bonda it contingent upon the itsuance and delivery of the Bonda. First Southwest Company may submit a bid for the Bonda, either independently or as a member of a syndicate organized to submit a bid for the Bonds. Pirst Southwest Company, in its capacity as P"mancial Advisor, has relied on Bond Counsel and has not verified and does not assume any responsibility for the information, covenants and representations contained in any of the bond documentation with respect to the federal income tax status of the Bonds, or the po.sible impact of any present, pending or future action taken by any legislative or judicial bodiea. Certif"JCation or the ()fl"1Cia1 Statement At the time of payment for and delivery of the Bonds, the Purchaser will be furnished a certificate, executed by proper officers, acting in their official capacity, to the effect that to the best of their knowledge and belief: <a> the descriptions and statements of or pertaining to the City contained in its Official Statement, and any addenda, supplement or amendment thereto, on the date of such Official Statement, on the date of sale of said Bonds and the acceptance of the best bid therefor, and on thc date of the delivery, were and are true and correct in all material respects; (b) insofar as the City and its affairs, including its financial affairs, are concerned, such Official Statement did not and does not contain an untrue statement of a material fact or omit tohstate a material fact required to be stated therein or necessary to make the statements therein, in the light of thc circumstances under which they were made, not misleading; (c) insofar as the descriptions and statements, including financial data, of or pertaining to entities, other than the City, and their activities contained in such Official Statement are concerned, such statements and data have been obtained from sources which the City believes to be reliable and the City has no reason to believe that they are untrue in any material respect; and (d) there has been no material adverse change in the financial condition of the City since the date of the last audited financial statements of the City. The Ordinance authorizing the issuance of the Bonds will also approve the fonn and content of this Official Statement, and any addenda, supplement or amendment thereto, and authorize its further use in the reoffering of the Bonds by the Purchaser. KATHY M. MORRIS Mayor City of San Marcos, Texas ATTEST: JANIS WOMACK City Secretary 21