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I I I RESOLUTION NO. 2006-130 A RESOLUTION BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, TEXAS, DIRECTING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION IN ONE OR MORE SERIES IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $23,000,000; AND OTHER MA TTERS RELATED THERETO WHEREAS, this CIty CouncIl deems It advIsable to gIVe notice of intention to issue one or more series of certificates of obligation of the City of San Marcos, Texas, as heremafter provided; and WHEREAS, It is officially found and determmed that the meeting at which this resolution has been considered and acted upon was open to the public and public notIce ofthe tIme, place and subject of said meeting was given, all as required by Tex. Gov't Code Ann. Ch. 551; Now, Therefore BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS: SectIon 1. Form of Notice. Attached hereto is a form of "Notice of Intention to Issue One or More Series of Certificates of Obligation," the form and substance of which are hereby adopted and approved. Section 2. Publication of Notice. Said Notice shall be published, in substantially the form attached hereto, in a newspaper, as defined m Tex. Gov't Code Ann. 92051.044, of general circulation in the area of said City, once a week for two consecutive weeks, the date of the first publication thereof to be before the 14th day before the date tentatively set for passage of the ordinance authorizing the issuance of such certIficates. Section 3. Effective Date. This ResolutIOn shall become effective immediately upon adoptIOn. The Mayor and City Clerk are hereby authorized and directed to execute this Resolution on behalf of the City and to do any and all things proper and necessary to carry out the intent of this ResolutIOn. Section 4. Attorney General Fee. The CIty Council hereby authorizes the disbursement of a fee equal to the lesser of (1) one-tenth of one percent of the principal amount of each senes of obligations being issued or (ii) $9,500 for each series, provided that such fee shall not be less than $750, to the Attorney General of Texas Public Fmance Division for payment of the examination fee charged by the State of Texas for the Attorney General's review and approval of public securities and credit agreements, as required by SectIOn 1202.004 of the Texas Government Code. The appropriate member of the City's staff is hereby instructed to take the necessary measures to make this payment. The City is also authonzed to reimburse the appropriate City funds for such payment from proceeds of the certificates of obligation. [Execution Page Follows] SanMarcos.06A.Jntenl Resolution