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<br />EXHIBIIA
<br />
<br />ORDER AUTHORIZING THE ISSUANCE
<br />AND SALE OF $3,350,000
<br />WATERWORKS AND SEWER SYSTEM
<br />COMBINATION TAX AND REVENUE BONDS, SERIES 1984
<br />AND AUTHORIZING AN AGREEMENT WITH THE
<br />PAYING AGENT/REGISTRAR
<br />
<br />WHEREAS, College View Municipal utility District
<br />(the "District") was organized pursuant to the provisions of
<br />Section 59 of Article.XVI of the Constitution of Texas, by
<br />special act, namely, Chapter 635, page 1,597, Acts 1967, of
<br />the 60th Legislature of Texas, Regular Session, 1967, and
<br />operates under Chapter 51 of the Texas Water Code, as amended;
<br />and
<br />
<br />WHEREAS, the District has outstanding bonds of
<br />each of the following series, each payable from the net
<br />revenues derived from operation of the District's waterworks
<br />and sanitary sewer systems and from ad valorem taxes on all
<br />~ taxable property within the District:
<br />
<br />College View Municipal utility District
<br />Waterworks and Sewer System Combination Tax
<br />and Revenue Bonds, Series 1968, dated Septem-
<br />ber I, 1968, issued in the original principal
<br />amount of $800,000; and
<br />
<br />College View Municipal utility District
<br />Waterworks and Sewer System Combination Tax
<br />and Revenue Bonds, Series 1970, dated Novem-
<br />ber I, 1970, issued in the original principal
<br />amount of $600,000; and
<br />
<br />WHEREAS, it is provided in the proceedings authoriz-
<br />1ng said outstanding bonds, and in such bonds, that the
<br />District reserves the right to issue, inter alia, additional
<br />combination tax and revenue bonds, and that such additional
<br />bonds, when issued, shall be in all ways on a parity with
<br />said outstanding bonds and may be secured by and payable
<br />from a first lien on and pledge of the net revenues of said
<br />waterworks and sanitary sewer systems in the same manner and
<br />to the same extent as said outstanding bonds; and
<br />
<br />I
<br />
<br />I
<br />
<br />WHEREAS, $3,950,000 in maximum aggregate principal
<br />amount of bonds of the District, including the bonds herein-
<br />after authorized, were duly and favorably voted as required
<br />by and in compliance with the Constitution and laws of the
<br />State of Texas, at an election held in the District on the
<br />22nd day of November, 1969; and
<br />
<br />WHEREAS, the Board of Directors of the District
<br />has previously authorized the issuance and sale of a first
<br />installment of such voted bonds, designated as the District's
<br />Waterworks and Sewer System Combination Tax and Revenue
<br />Bonds, Series 1970, in the original principal amount of
<br />$600,000; and
<br />
<br />WHEREAS, the Board of Directors of the District
<br />deems it necessary and desirable to proceed with the issuance
<br />of a second installment of such bonds in the aggregate
<br />principal amount of $3,350,000 in order to provide funds for
<br />the purpose of purchasing and constructing extensions and
<br />additions to the District's existing water and sanitary
<br />sewer system and drainage system, representing all of the
<br />remaining bonds authorized at the election held on November 22,
<br />1969; therefore
<br />
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