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<br />e <br /> <br />e <br /> <br />and cause the same to be assessed and collected. <br /> <br />Therefore, be it ordain~d by the City Council of the <br /> <br />City of LaPorte, Texas, as follows: <br /> <br />SECTION I <br /> <br />That the bonds of said City, to be called "CITY OF LAPORTE <br /> <br />FlElfUNDING BONDS" be issued for the ~)urpose of refund:l.ng the <br /> <br />following described $25,000 warrant indebtedness, coneisti~g of <br /> <br />valid and legally binding obligations against said City of <br /> <br />1.aporte in th':! amount of $25,000, evidenc!~d by r"egul arly t ssucd <br /> <br />warrants, mere particularly described as follows, to-wit: <br /> <br />$25,000 CITY OF LAPORTF. FUNDING WARRANTS dated March 10, 1929, <br />bearing interest at the rate of 6( per annum. <br /> <br />Said bond::! shall be numbered from 1 to 25 inclusive, shall <br /> <br />be in the denomination of $1000 each, aggregating $25,000. <br />They shall be dated the lOth day of December, 1929, and shall <br />become due and payable serially in their numerical order as <br />follows: <br />NO-_ DATE OF__MATURITY AMOUNT <br />1 Aori1 10, 1931 $1,000 <br /> ... <br />2 April 10, 1933 1,000 <br />3 April 10, 1935 1,000 <br />4 Ap r i 1 10, 1937 1,000 <br />5 Ap r i 1 10, 1939 1,000 <br />6 April 10, 1941 1,000 <br />7 Apri.1 10, 1943 1,000 <br />8 Ap r 11 10, 1945 1,000 <br />9 April 10, 1947 1,000 <br />10 April 10, 1949 1,000 <br />11 Ap r i 1 10, 1951 1,000 <br />1" Ap r i 1 10, 1953 1,000 <br /> .... <br />1:3 April 10, 1955 1,000 <br />1.~ Apri 1 10, 1957. 1,000 <br />11- Apr i 1 10, lO5Q' 1,000 <br /> .) 1960"4:- <br />H) April 10, 1 ,000 <br />17 April 10, 1961 1,000 <br />'lB Ap r i 1 10, 1962 1,000 <br />19 April 10, 1963 1,000 <br />20 Ap r 11 10, 1964 1,000 <br />21 Ap r i 1 10, 19.6 5 1 ,000 <br />2~~ April 10, 1966. 1,000 <br />2~~ Ap r i 1 10, 1967. 1,000 <br />24 At? r i 1 10, 1968. 1,000 <br />.2!5 Ap t i 1 10, 1969. 1,000 <br /> <br />They shall bear interest at the rate of 610 'per annum, <br /> <br />pSLyable April 10, 1930, and semi-annually thereafter on October <br /> <br />10 and April 10 each year~ <br />