O-1929-230 - Laserfiche WebLink

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e e my office a certificate of the Attorney General of the state of TI~xas to the effect that this bond has been examined by him as rl~quired by law and that he finds that it has been issued in conformity with the Constitution and laws of the State of Texas, and that it is a valid and binding obligation upon the City of L ELPorte, Texas, and said b:md has th is day been reg i ster ed by me. WITNESS my hand and seal of offic3 at Austin, Texas, this _____day of A. D. 1929.' - --Comptroller of pubII~counts of--- the State of Texas. SECTION 2 IT IS FURTH~R ORDAINED by ths City Council of the City of LaPorte, Texas, that to pay interest on said bonds and to create: a sinking fund suffici~nt to pay the principal as it matures, there shall be and it is hereby ordained that there be levied, assessed and collected in due time, form and manner and at the sa:ne time other city taxes for said City are levied, assessed and collected i.n each. year, a tax u.t..lon all the taxable property in said City of LaPorte sufficient to pay the current interest on said bonds and to pay the principal thereof as the same matures; and to pay ,the interest on said bonds and each year's pro rata of the principal thereof, there is hereby levied a tax of t wl~nty- five cents on each one hundred dollars value.tion of taxable said Ci~ fjlliaid Refunding Bonds, for the year 1930, succeeding~r while said bonds or any of them are and 'the sam'e shal'be ass'essed and collected., or so property in and for each outstanding, mueh thereof as may be necessary for said purpose, and applied to the purpose n~med. The taxes heretofore levied for the pay- ment of the warrants being refunded by this ordinance are hereby ratified, brought forward and appropriated by this ordinance for the payment of interest and provision for sinking funds of the respective refunding bonds taking the place of said warrants.