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<br />7his OjfIcial Statement does not corudtllte an o.lfer to seU Bonds in any jurlsdicdOrJ to any penOrJ to whom It II unltzwfiU to make such offer in .uch <br />jurlsdicdOrJ. No dealer, salesman, Dr any other persOrJ has been authoriud to give any ltiformadon Dr make any rqJruentodOrJ, other tJum thole contained <br />herein, in connection with the o.lfering o/these Bonds, and if given Dr made, such infomullion or repruentodon musr not be relied upon. 1M ltifomuJdOrJ <br />and apressiOfU of opinion herein are subject to change wilJwut nodce and neither the delivery of this OjfIcial Statemenlnor any sale made hereunder ,hall, <br />under any circumstances, create any implicadOrJ duu there has been no change in the qffaln of the Oty since the dau hereof. <br /> <br />TABLE OF CONTENTS <br /> <br />OFFICIAL STATEMENT <br /> <br />Deacriptionofthe Certificate.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <br /> <br />CITY ADWNlSTRATlON .................... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 <br />Elccted OfficialJ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 <br />AppointcdOfficial. .................................................................. 3 <br />ConaultaDlaand AdvillOn .............................................................. 3 <br /> <br />SELECTED DATA FROM THE OFFICIAL STATEMENT. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . " 4 <br /> <br />BOND INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 <br />Authorityforbsuanco ................................................................ 5 <br />Security for Bonda . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 5 <br />PledgedRevenuOl . . ... . .. . . . .. . . . . ., . ., . . . . . . . .... . .. . .. . ... ., . . . . . . .... ... . .... .... 5 <br />Rate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 5 <br />Redemption of Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 <br />Additional Bond. ................................................................... 5 <br />Paying AgentlRegistrar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 <br />Transfer, Exchange and Registration ....................................................... 6 <br />Limitation on Transfer of Bond. Called for Redemption ........................................... 6 <br /> <br />Record Date for Interest PaymeDl ......................................................... 6 <br />UIe of Bond Proceed. ................................................................ 6 <br />Source. and UICI of Funds ............................................................. 7 <br /> <br />TBESYS'l'Fl\{ ........................................................................... 8 <br />Waterworka System . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 <br />Water Uage .......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 <br />Ten Largest Water Customen ........................................................... 8 <br />MonthlyWaterRates ................ ... ............................ ........... ....... 8 <br />The Project .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 <br />Wastewater System ............................................. . . . . . . . . . . . . . . . . . . . . . 9 <br />Average Daily Sewage Flow ............................................................ 9 <br />Monthly Wastewater Rates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 <br /> <br />DEBT INFORMATION. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . .. .. . . .. . . .. 10 <br />AuthorizedRevenueBonds ............................................................. 11 <br />Anticipated lsauance of Revenue Bond. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 11 <br />Selected Provisions of the Bond Ordinance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . " 11 <br /> <br />FlNANCIAL INFORMATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 12 <br />Waterworks and Sewer System Condensed Statement of Operations .................................... 12 <br /> <br />Coverage and Fund Balances ............................................................ 12 <br />F'mancial Administration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 12 <br />F'mancial Polici08 ................................................................... 12 <br /> <br />OTBERllELEVANT INFORMATION . . . . . . . . . . . . . . . . . . . ,. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 14 <br />RAting. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 14 <br />Tax Exemption. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 14 <br />T~ ~countinaTreatmeDl ofDilcount Hoods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 14 <br />Litigation ........................................................................ 14 <br />Registration and Qua1ification of Bonds for Sale ................................................ 15 <br />Legal JnvestmeDll and Eligibility to Secure Public Funds in Texas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. IS <br /> <br />Legal Opinions and No-Litigation Certificate .................................................. IS <br />Authenticity of F'mancial Data and Other Information . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 16 <br /> <br />F'mancial Adviaor ...................... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 16 <br />Certification of the Official Statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. 16 <br /> <br />APPENDICES <br /> <br />GenerallnfonnationRegardingtheDiatrict ................................................... A <br />Excetpta from the City of San MarcOl, Texas Annual F'mancial Report .................. . . . . . . . . . '. . . . . .. B <br /> <br />Form of Bond Caunael'. Opinioa ......................................................... C <br /> <br />The cover page hereof, this page, the appendices included herein and any addenda, 8Upplement or amendment hereto, are part of the Official <br />Statement. <br /> <br />2 <br />