Res 1992-129 - Laserfiche WebLink

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95# CERTIFICATE OF UNDERWRITER The undersigned hereby certifies as follows with respect to the sale of S4,600,OOO CITY OF SAN MARCOS, TEXAS GENERAL OBLIGATION BONDS, NEW SERIES 1992-A (the "Bonds"). 1. The undersigned is the underwriter or the manager of the syndicate of underwriters which has purchased the Bonds from the City õf San Marcos, Texas (the "City") at competitive sale. 2. The undersigned and/or one or more other members of the underwriting syndicate, if any, have made a bona fide offering of the Bonds of each maturity to the public. 3. The initial offering price (expressed as a yield) for the Bonds of each maturity at which a substantial amount of the Bonds of such maturity was sold to the public is as set forth below: Principal Principal Amount Year of Amount Year of Maturin!1: Maturity Yield Maturin!1: Maturity Yield S 240,000 1993 S 225,000 2001 155,000 1994 250,000 2002 150,000 1995 250,000 2003 175,000 1996 250,000 2004 175,000 1997 400,000 2005 200,000 1998 425,000 2006 200,000 1999 550,000 2007 225,000 2000 730,000 2008 4. The term "public", as used herein, means persons other than bondhouses, 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 sales. 6. The undersigned understands that the statements made herein will be relied upon by the City in its effort to comply with the conditions imposed by the Internal Revenue Code of 1986 on the exclusion of interest on the Bonds from the gross income of their owners. EXECUTED and DELIVERED this day of ,1992. , (Name of Underwriter or Manager) By (Title)