<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 />
|