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<br />SELECTED DATA FROM THE OFFICIAL STATEMENT
<br />
<br />The selected data on this page is subject in all respects to the more complete information and definitions contained or
<br />incorporated in this Official Statement. The offering of the Bonds to potential investon is made only by means of this entire
<br />Official Statement. No person is authorized to detach this data page from this Official Statement or to otherwise use it without
<br />the entire Official Statement.
<br />
<br />This data page was prepared to present the purchasers of the Bonds information concerning the Bonds, the revenues pledged
<br />to payment of the Bonds, the description of the revenue base and other pertinent data, all as more fully described herein.
<br />
<br />The Issuer ..........
<br />
<br />The Bonds ..........
<br />
<br />Security for the Bonds ..
<br />
<br />Optional Redemption ...
<br />
<br />Tax Exemption .......
<br />
<br />Use of Bond Proceeds
<br />
<br />Payment Record ......
<br />
<br />Fiscal
<br />Year
<br />Ended
<br />9/30
<br />1987
<br />1988
<br />1989
<br />1990
<br />1991
<br />
<br />Estimated
<br />City
<br />Pooulation
<br />34,650
<br />34,650
<br />36,900
<br />36,864
<br />34,500
<br />
<br />The City of San Marcos, Texas is a political subdivision located in Hays County openting
<br />as a home-rule city under the laws of the State of Texas and a charter approved by the voters
<br />in 1967. The City operates under the Counci1lManagerform of government where the mayor
<br />and six councilmembers are elected for staggered three-year terms. The Council formulates
<br />operating policy for the City while the City Manager is the chief administrative officer.
<br />
<br />The City is approximately 17.4 square miles in area (see Appendix A - "General Information
<br />Regarding the City").
<br />
<br />The Bonds are being issued in the principal amount of $1,050,000 pursuant to the general
<br />laws of the State of Texas, particularly Articles 1111, et seq., V ATCS, and an Ordinance
<br />passed by the City Council of the City (see" Authority for Issuance").
<br />
<br />The Bonds constitute special obligations of the City payable, both as to principal and interest,
<br />and secured by a subordinate lien on and pledge of the Net Revenues of the City's
<br />Waterworks and Sewer System. The City has not covenanted or obligated itself to pay the
<br />Bonds from monies raised or to be raised from taxation (see "Bond Information .
<br />Security for Bonds").
<br />
<br />The City reserves the right, at its option, to redeem Bonds having stated maturities on and
<br />after January 1, 2002, in whole or in part in principal amounts of $5,000 or any integral
<br />multiple thereof, on January 1, 2001, or any date thereafter, at the par value thereof plus
<br />accrued interest to the date fixed for redemption (see "Redemption of Bonds").
<br />
<br />In the opinion of Bond Counsel, the interest on the Bonds will be excludable from gross
<br />income for federal income tax purposes under existing law, subject to the matters described
<br />under "Tax Exemption" herein, including the alternative minimum tax on corporations.
<br />
<br />The bond proceeds will be used for the construction of water and sewer lines and to pay the
<br />costs of issuance incurred with the issuance of the Bonds.
<br />
<br />The City has never defaulted.
<br />Selected Issuer Indices
<br />
<br />Water UsalZe ('Thousand Gallons)
<br />Average Peak
<br />Day Day
<br />Usae:e Usae:e
<br />5,858 8,972
<br />5,913 8,950
<br />5,705 8,885
<br />5,167 8,724
<br />6,573 4,848
<br />
<br />Net
<br />Available
<br />for Debt
<br />Service
<br />$ 2,583,873
<br />2,003,285
<br />2,312,092
<br />2,359,561
<br />2,066,463
<br />
<br />Average
<br />Annual Debt
<br />Service
<br />Reauirements
<br />$311,095
<br />557,592
<br />573,001
<br />573,033
<br />747,149
<br />
<br />Coverage
<br />of
<br />Debt
<br />8.31"
<br />3.59"
<br />4.04%
<br />4.12~
<br />2.76"
<br />
<br />Total
<br />UsalZe
<br />2,138,288
<br />2,168,380
<br />2,079,902
<br />1,878,960
<br />1,771,141
<br />
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