<br />i,
<br />
<br />e
<br />
<br />e
<br />
<br />.,
<br />lo~. -,.-' "':~
<br />
<br />AGGREGATE PRINCIPAL AMOUNT OF $2,5UO,000, MATURING
<br />SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES
<br />AND BEARING INTEREST AT A RATE OR RATES NOT TO
<br />EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY
<br />LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS-
<br />CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF
<br />PURCHASING AND/OR IMPROVING LAND FOR PARK PURPOSES
<br />(BUT EXCLUDING THE IMPROVEMENTS SPECIFIED IN
<br />PROPOSITION NO.7), AND TO LEVY AN ANNUAL TAX ON
<br />ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT
<br />TO PAY THE INTEREST ON SAID BONDS AS IT ACCRUES,
<br />AND TO CREATE AND PROVIDE A SINKING FUND TO PAY
<br />THE PRINCIPAL OF SAID BONDS AS THEY MATURE?
<br />
<br />PROPOSITION NO. 7
<br />
<br />SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE,
<br />TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF
<br />SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE
<br />AGGREGATE PRINCIPAL AMOUNT OF $1,500,000, MATURING
<br />SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES
<br />AND BEARING INTEREST AT A RATE OR RATES NOT TO
<br />EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY
<br />LAW, ALL AS SHALL BE DETERMINED BY SAID CITY COUN-
<br />CIL, FOR THE PURPOSE OF IMPROVING LAND FOR PARK
<br />PURPOSES, TO-WIT: CONSTRUCTING OR PURCHASING A
<br />GYMNASIUM, SUPPORT FACILITIES AND RELATED IMPROVE-
<br />MENTS IN LITTLE CEDAR BAYOU PARK, AND TO LEVY AN
<br />ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN SAID
<br />CITY SUFFICIENT TO PAY THE INTEREST ON SAID BONDS
<br />AS IT ACCRUES, AND TO CREATE AND PROVIDE A SINKING
<br />FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY
<br />MATURE?
<br />
<br />PROPOSITION NO. 8
<br />
<br />SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE,
<br />TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF
<br />SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE
<br />AGGREGATE'PRINCIPAL AMOUNT OF $550,000, MATURING
<br />SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES
<br />AND BEARING INTEREST AT A RATE OR RATES NOT TO
<br />EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY
<br />LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS-
<br />CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF
<br />CONSTRUCTING OR PURCHASING A PUBLIC BUILDING,
<br />NAMELY A FIRE STATION, AND ADDITIONS AND IMPROVE-
<br />MENTS THERETO, AND TO LEVY TAXES UPON ALL TAXABLE
<br />PROPERTY WITHIN. SAID CITY ANNUALLY, SUFFICIENT TO
<br />PAY THE INTEREST ON SAID BONDS AS IT ACCRUES, AND
<br />TO CREATE AND PROVIDE A SINKING FUND TO PAY THE
<br />PRINCIPAL OF SAID BONDS AS THEY MATURE?
<br />
<br />-
<br />
<br />PROPOSITION NO. 9
<br />
<br />SHALL THE CITY COUNCIL OF THE CITY OF LA PORTE,
<br />TEXAS, BE AUTHORIZED TO ISSUE THE TAX BONDS OF
<br />SAID CITY, IN ONE OR MORE SERIES OR ISSUES, IN THE
<br />AGGREGATE PRINCIPAL AMOUNT OF $1,500,000, MATURING
<br />SERIALLY WITHIN 25 YEARS FROM THEIR DATE OR DATES
<br />AND BEARING INTEREST AT A RATE OR RATES NOT TO
<br />EXCEED THE MAXIMUM NOW OR HEREAFTER AUTHORIZED BY
<br />LAW, ALL AS SHALL BE DETERMINED WITHIN THE DIS-
<br />CRETION OF THE CITY COUNCIL, FOR THE PURPOSE OF
<br />CONSTRUCTING OR PURCHASING A PUBLIC BUILDING,
<br />NAMELY A FIRE DEPARTMENT TRAINING FACILITY AND
<br />RELATED IMPROVEMENTS, INCLUDING THE PURCHASE OF A
<br />
<br />004RGAT/l80B01
<br />
<br />-4-
<br />
|