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<br /> q5J <br />This QfficwI Statement does not constilute an offer to sell Bonds in any jurisdiction to any person to whom il is unlcniful to make such <br />offer. in such jurisdiction.. No deakr, saksman, or any other person has been authorized to give any information or make any <br />representation,. other than those contained herem, in connection with the offering of these Bonds, and if given or made, such information <br />or representation must not be relied upon. The informarkJn and expressions of opinion herein are subject to change without notice and <br />neilher the delivery of this Official Statement nor any sak made hereunder shall, under any circumstances, create any implication that <br />there has been no change in the affairs of the City since the date hereof. <br /> - TABLE OF CONTENTS <br />OFFICIAL STATEMENT ,......,.....,.. 1 Tax Accounting Treatment of Discount <br /> Bonds. . . . . . . . . , . . . , .. 19 <br />CITY ADMINISTRATION Litigation ...........,........ 20 <br />ElectedOfficials ...,............ 3 Registration and Qualification of Bonds <br />Appointed Officials. . . . . . . . . . . . , . 3 for Sale .....,......... 20 <br />Consultants and Advisors. . . . , . . , . .. 3 Legal Investments and Eligibility to <br /> Secure Public Funds in <br />SELECTED DATA FROM THE OFFICIAL Texas. . . . , . . . . . . . . . . .. 20 <br />STATEMENT ................. 4 Legal Opinions and No-Litigation <br /> Certificate .............. 20 <br />BOND INFORMATION Authenticity of Financial Data and <br />Authority for Issuance ....,....... 5 Other Information. . . , . . . .. 21 <br />Security for Bonds............... 5 FinancialAdvisor ............... 21 <br />Redemption of Bonds. . . . . . , , . . . . . 5 Certification of the Official Statement. .. 21 <br />Paying AgentlRegistrar . . . . . . . . . . .. 5 <br />Transfer, Exchange and Registration. . .. 5 APPENDICES <br />Limitation on Transfer of Bonds Called General Information Regarding the District. A <br /> for Redemption........... 6 Excerpts From the Annual Financial Report B <br />Record Date for Interest Payment. . . . ., 6 Form of Bond Counsel's Opinion. . . . . ., C <br />Use of Bond Proceeds. . . . . . . . . . . .. 6 <br />Sources and Uses of Funds. . . . . . . . .. 6 <br />TA..X INFORl'vtATION <br />AdValoremTaxLaw............. 7 <br />Valuation, Exemptions and Debt <br /> Obligations ............. 8 <br />Taxable Assessed Valuations by <br /> Category............... 9 " <br />Valuation and Funded Debt History .... 10 <br />Tax Rate, Levy and Collection <br /> History.....,.......... 10 <br />Ten Largest Taxpayers. . . . . . . . . . .. 11 <br />Tax Rate Limitation ...,.......... 11 <br />Assessed Valuations, Tax Rates, <br /> Outstanding Debt and <br /> Authorized But Unissued <br /> Bonds of Overlapping Taxing <br /> Jurisdictions............. 12 <br />DEBT INFORMATION <br />Estimated Direct and Overlapping <br /> Funded Debt Payable From <br /> Ad Valorem Taxes. . . . . . . ., 14 , <br />Interest and Sinking Fund Budget <br /> Projection .....,........ 14 <br />Computation of Self-Supporting Debt ... 14 <br />Authorized General Obligation Bonds ... 15 <br />Anticipated Issuance of General <br /> Obligation Debt. . . . . . . . . .. 15 <br />Funded Debt Limitation. . . . . , . . . . .. 15 <br />Other Obligations ............... 15 <br />Pension Fund .................. 15 <br />FINANCIAL INFORMATION <br />General Fund Revenues and <br /> Expenditure History. . . . . . .. 16 <br />Municipal Sales Tax History. . . . . . . .. 17 <br />Financial Administration. . . . , . . . . .. 17 <br />Financial Policies ............... 17 <br />OTHER RELEVANT INFORl'vtA TION <br />Ratings...................... 19 <br />Tax Exemption ............,.... 19 <br />Qualified Tax-Exempt Obligations ..... 19 <br /> 2 <br />