Laserfiche WebLink
<br /> 1 <br /> AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF <br /> SAN MARCOS, TEXAS, AUTHORIZING THE ISSUANCE AND <br /> SALE OF CITY OF SAN MARCOS, TEXAS, GENERAL <br /> OBLIGATION BONDS, SERIES 1991, IN THE AGGREGATE <br /> PRINCIPAL AMOUNT OF $3,595,000, PRESCRIBING THE <br /> FORM OF SAID BONDS; PROVIDING FOR THE SECURITY <br /> FOR AND PAYMENT OF SAID BONDS; AWARDING THE SALE <br /> THEREOF; APPROVING THE OFFICIAL STATEMENT; <br /> ENACTING OTHER PROVISIONS RELATING TO THE <br /> SUBJECT; AND DECLARING AN EMERGENCY <br /> WHEREAS, general obligation bonds of the City of San Marcos, <br /> Texas (the "City"), were duly and favorably voted pursuant to the <br /> Constitution and laws of the State of Texas, at elections held in <br /> the City on the dates hereinafter set forth; and the following are <br /> among the purposes and amounts of the bonds which were authorized, <br /> together with the total amount previously issued pursuant to each <br /> voted authorization, the amount therefrom being issued pursuant to <br /> this Ordinance, and the balance to remain unissued after the <br /> issuance of the bonds hereinafter authorized, to-wit: <br /> Total Amount * Amount * Amount * <br /> Election Amount* Previously Being Remaining <br /> Date Purpose Authorized Issued Issued Unissued <br /> <br /> 04/07/84 Streets and $4,000 $3,580 -0- $420 <br /> Drainage <br /> Parks and 400 350 $50 -0- <br /> Recreation <br /> Library 450 -0- 175 275 <br /> 09/08/90 Fire Fighting 435 -0- 370 65 <br /> Equipment and <br /> Facilities <br /> Police Head- 3,000 -0- 3,000 -0- <br /> quarters and <br /> Training <br /> Facilities <br /> Central Library 2,135 -0- -0- 2,135 <br /> *Amounts in thousands. <br /> WHEREAS, this City Council finds and determines that it is <br /> necessary and in the best interest of the City and its citizens at <br /> this time to authorize the issuance and delivery of $3,595,000 of <br />