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<br />o R DIN A N C E N O. 2.Ci ~
<br />OF THE
<br />
<br />, CrTY OF LA PORTE, TEXAS.
<br />
<br />'I
<br />
<br />An ordinance providing for tne levy, assessment and
<br />collection of an ad valorem tax for the year 1926 of and at tne
<br />rate of Do.l1ar and-Fifty Cents ($l,,50) on the hundred Dollars &
<br />NO/IOO ($100.00) valuation oi' taxable plroperty in SUCll ,ci ty for
<br />current e~(penses and for the purpose of paying for bonds for
<br />, water works system' and other lmprovemen ts wi tnin tne city of' La
<br />Porte, and for the construction and improvements of roads, bridges
<br />, and streets of the c1 ty of La Porte wi thin its limi ts.
<br />
<br />BE IT ORDAINED BY THE CITY COUNCIL OF TH~
<br />l,;ITY O,ll' LA PORTE.. TEXAS;
<br />There is hereby levied and snaIl be assessed and collected
<br />for the year 1926 bn ,all tne taxable ,roperty in tne city Of La Porte,
<br />Texas, on the ls_t..,. day ~f January of tne year" 1926" an a.d valorem
<br />tax of and, at the rate Of Dollar and Fifty Cents ($1.50) on tlle rtundred
<br />,Dollars &,No/100 ($100.00) valuation of taxable property in said
<br />
<br />-
<br />city.. estimated in' lawf~l currency of the United States" for current
<br />
<br />expenses and for the purpose of ,ayi~g for bonds
<br />,construction of water wo~ks sy~tem 1n the City of
<br />,tae payment of'war;ants n~retofore issued for tne
<br />.
<br />
<br />engine ana. nose. There nas al;ready been levied a tax of Forty Cents'
<br />($.40) on the Hundred Dollars &'No/lOO ($100.00) to ,rovide for the
<br />I
<br />, '
<br />payment of water works b9n~: and tnis ordinance merely re-affirms
<br />t!le assessment of such Forty Cents ($.40) levy on tne l1undred Dollars
<br />I
<br />:& NO/IOO ($100~OOY'Jtaluation to take care of said water works bond4; /
<br />;tnere ~hal; aleo be levied for the year 1926, '~ixteen Cente ($.16) /
<br />'on the rtundred Dollars & NO/lOO ($100.00) valuation to taxe care of
<br />
<br />I,
<br />
<br />:tne Warl"ants he're,t.o...~~,re issueq for .the payment of fire engine and,
<br />
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<br />:hose warrants;, said amounts of Forty cents, (UO) ana. Sixteen Cents
<br />
<br />, \
<br />
<br />,($.l8) to be set aside a~ a sinking fund to protect tne indebtedness
<br />incurred and for which said. assessments have been made.
<br />the remainaer of said One Dollar & 50/100 ($1.50) levy"
<br />
<br />" ,
<br />
<br />'same being, IUnety-four C~nts ($.94) on tne Hundred Dollars & NO/lOO
<br />
<br />_ ..",..~:~;:,!;:.J:' "'.!~lJ:10~,~,~O'~~i; "s,~a~~ be set aSid~for!t~;."la.r10us cu~rent e~,ens~s oi'
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