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<br />e <br /> <br />e <br /> <br />GENERAL CERTIFICATE <br /> <br />We, the undersigned Mayor and City Secretary, respectively, of the City of La Porte, Texas (the "City"), <br />hereby certify as follows: <br /> <br />1. This certificate is executed for and on behalf of the City for the benefit of the Attorney General of the <br />State of Texas and the owners of the "City of La Porte, Texas General Obligation Bonds, Series 2000 (the "Bonds"), <br />dated March 15,2000, in the principal amount 0[$3,250,000, authorized by an ordinance passed by the City Council <br />of the City on March 27, 2000 (the "Ordinance"). <br /> <br />2. The City is a duly incorporated Home Rule City, having more than 5,000 inhabitants, operating and <br />existing under the laws of the State of Texas and the duly adopted Home Rule Charter of the City, which Charter has <br />not been changed or amended since the issuance of the most recent obligations by the City entitled "City of La <br />Porte, Texas General Obligation Bonds, Series 1998". <br /> <br />3. No litigation of any nature has ever been filed pertaining to, affecting, questioning, or contesting: (a) the <br />Ordinance; (b) the issuance, execution, delivery, payment, security, or validity of the Bonds; (c) the authority of the <br />governing body and the officers of the City to issue, execute, and deliver the Bonds; or (d) the validity of the <br />corporate existence, the current tax rolls, or the Charter of the City; and no litigation is pending pertaining to, <br />affecting or contesting the boundaries of the City. <br /> <br />4. The currently effective ad valorem tax appraisal rolls of the City are those for the year 1999, being the <br />most recently approved tax rolIs of the City; the City Council of the City has caused the taxable property in the City <br />to be assessed as required by law; and the net valuation of taxable property in the City according to the aforesaid tax <br />rolIs for said year, as delivered to the City Secretary of the City, and fmally approved and recorded by the City <br />Council of the City, is $1,465,045,690. <br /> <br />5. A true, correct, and complete statement of all outstanding indebtedness of the City including the Bonds <br />payable from taxes is attached hereto as Exhibit A. <br /> <br />6. Exhibit B, which is attached hereto and made a part hereof, contains a true and correct schedule showing <br />the annual requirements of all of the outstanding indebtedness of the City payable from taxes, together with the <br />Bonds, as it appears in the official records of the City. . <br /> <br />7. (a) The City is not in default as to any covenant, condition, or obligation contained in any ordinance <br />authorizing obligations payable in whole or in part from ad valorem taxes, and each of the special funds and <br />accounts, if any, established by such ordinances contain the amounts now required to be on deposit in such fund or <br />account. <br /> <br />(b) There has been appropriated from funds lawfully made available to the City sufficient money to make <br />the interest payment on the Bonds for September 15,2000. <br />