Form 8038 -GC Information Return for Small Tax - Exempt
<br />Governmental Bond Issues, Leases, and Installment Sales
<br />(Rev. May 1995) 1
<br />b. Under Internal Revenue Code section 149(e) ► For calendar year ending 19 OMB No. 1545-0720
<br />Internal Revenue Servvice ice
<br />Department of the 7r (Use Form 8038 -G if the issue price of the issue Is $100,000 or more.)
<br />tl
<br />Reporting Authority
<br />Check box if Amended
<br />Return ► [ j ;, ;,. •,
<br />Issuer's name
<br />2 ssuer s employer Identification number
<br />City or Parts
<br />75 6000635
<br />umber and street (or P.O. box If mall Is not delivered to street address)
<br />Room/su to
<br />135 First Street S.E
<br />carry out the Internal Revenue laws of the
<br />United States. You
<br />City, town, or'post office, state,—a-n-a ZIP code
<br />Parts„ TX 75461- 9D;i'7 '
<br />JI' 1,`t �; {
<br />Description of Obligatiom
<br />Issue price of small tax - exempt governmental obligations reported on this form.
<br />5
<br />$32,950.00
<br />Check the box that most nearly approximates the weighted average maturity of the obligation(s):
<br />}(` i&:
<br />[x] Lose than 5 years
<br />finance construction expenditures must file a
<br />•' ^� `
<br />v
<br />(] From 5 to to yearo
<br />> {; ::v�N
<br />Form 8038 -GC is used by Issuers of tax-
<br />[ ] More than 10 yearo
<br />x <<z
<br />The time needed to complete and file this
<br />exempt governmental obligations to provide
<br />notice to the IRS that an election was made to
<br />Check the box that most nearly approximates the weighted average Interest rate on the obligations(e):
<br />form varies depending on Individual
<br />[ j Less than 5%
<br />pay a Penalty In lieu of arbitrage rebate (see line
<br />(x] From 5% to 10%
<br />section 149(e) and to monitor the
<br />9 instructions).
<br />[ ] More than 10%
<br /><^
<br />is:
<br />requirements of sections 141 through 150.
<br />.. ,;
<br />Total issue price of the obligations) reported on fine 5 that is /are:
<br />Learning about the
<br />Obllgation(s) Issued In the form of a lease or Installment sale
<br />as
<br />$32.950.00 f
<br />Who Must File
<br />governmental obligations with Issue prices of.
<br />Obligatlon(s) designated by the issuer under section 265(b)(3)(13)(1)(ili)
<br />8b
<br />Issuers of tax- exempt governmental
<br />less than $100,000 that are not reported on a
<br />'
<br />Obligations) issued to refund prior Issues
<br />80
<br />-0-
<br />8d
<br />Loans made from the proceeds of another tax - exempt obligation
<br />-0- 'r.' .''•: '' '
<br />$100,000 must file Form 8038 -GC.
<br />consolidated Information return Including all
<br />Check box N Issuer has elected to pay a penalty In lieu of arbitrage rebate
<br />If you have comments concerning the
<br />Issuers of a tax- exempt governmental
<br />PLEASE
<br />SIGN
<br />HERE
<br />Under penalties of perjury, l declare that I have examined this return and accompanying schedules and statements, and to the best 'H..:i;, `
<br />of my knowledge and belief, they are true, correct and complete.
<br />Date: 3/10/97
<br />Issuer's authorized representative: Michael E. Malone.City Manager
<br />rebate.
<br />4
<br />n
<br />,;,. NXA Form 8038 -GC (Rev 5�b7 a r ' •,x >;
<br />Paperwork Reduction Act Notice
<br />General Instructions
<br />Each such separate return should specify the
<br />We ask for the Information on this form to
<br />Secilon references are to the Internal
<br />calendar year In which the issue was Issued.
<br />1
<br />carry out the Internal Revenue laws of the
<br />United States. You
<br />Revenue Code unless otherwise noted.
<br />JI' 1,`t �; {
<br />are required to give us
<br />An issuer of a tax- exempt bond used to
<br />the Information. We need it to ensure that
<br />Purpose of Form
<br />finance construction expenditures must file a
<br />•' ^� `
<br />v
<br />•'
<br />you are complying with these laws.
<br />Form 8038 -GC is used by Issuers of tax-
<br />separate Form 8038 -GC for each Issue to give
<br />The time needed to complete and file this
<br />exempt governmental obligations to provide
<br />notice to the IRS that an election was made to
<br />", �• ti,;
<br />form varies depending on Individual
<br />the IRS with the Information required by
<br />pay a Penalty In lieu of arbitrage rebate (see line
<br />circumstances. The estimated average time
<br />section 149(e) and to monitor the
<br />9 instructions).
<br />r` `
<br />is:
<br />requirements of sections 141 through 150.
<br />.. ,;
<br />Learning about the
<br />Filing a consolidated return. -For all tax-exempt,:"
<br />law or the form . . . 1 hr., 46 min.
<br />Who Must File
<br />governmental obligations with Issue prices of.
<br />Preparing the form 2 hr., 50 min.
<br />Issuers of tax- exempt governmental
<br />less than $100,000 that are not reported on a
<br />'
<br />Copying, mbling. and
<br />form
<br />obligations with issue prices of less than
<br />separate Form 8038 -GC, an Issuer must file a
<br />' ' 1 •!
<br />r
<br />sending the to the IRS 16 min.
<br />$100,000 must file Form 8038 -GC.
<br />consolidated Information return Including all
<br />If you have comments concerning the
<br />Issuers of a tax- exempt governmental
<br />such Issues issued within the calendar year.
<br />accuracy of these time estimates or
<br />obligation with an issue price of $100,000 or
<br />suggestions for making this form simpler, we
<br />more must file Form 8038 -G, Information
<br />Thus, an Issuer may file a separate Form 8038 -
<br />would be happy to hear from you. You can :
<br />Return for Tax-Exempt Governmental
<br />GC for each of a number of small Issues and
<br />write to the Internal Revenue Service,
<br />Obligations.
<br />report the remainder of small Issues Issued
<br />Attention: Tax Forms Committee, PC:FP,
<br />Filing a separate return.- Issuers have the
<br />during the calendar year on one consolidated
<br />,--Washington,
<br />DC 20224. DO NOT send the
<br />option to file a separate Form 8038 -GC for
<br />Form 8038 -GC. However, a separate Form 8038•
<br />orm to this address. Instead, see Where 7o
<br />any tax- exempt governmental obligation with
<br />GC must be filed to give the IRS notice of the
<br />.:.
<br />=11e on page 2,
<br />an Issue price of less $100,000.
<br />election to pay a penalty to lieu of arbitrage
<br />rebate.
<br />4
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<br />,;,. NXA Form 8038 -GC (Rev 5�b7 a r ' •,x >;
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