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<br />.
<br />
<br />,1/
<br />
<br />e
<br />
<br />nu;1!bered fron 1 to 10, iIllClusi ve, in t~le denoEina tion of
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<br />"';1,000.00 e&l,C'l, payabl-:: sel"'ially yl,OOO.OO on 4pril lOth of' each
<br />
<br />e
<br />
<br />of t~e years 1935, 1940, 1845, 1949, 19b3, 1957, 1961, 1964,
<br />1967 and 1969. All of said City aall and ~'ire $t~tion Londs,
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<br />in t2.e ag;"regat.e amount of wlO,OOO.OO are outstandi:i."l{; l;1.ncl unpaid.
<br />(6) City of La Porte street lffiprove~ent ~onds, dated
<br />
<br />.Tanuar~/ 10, 1030, in the principal sum of '1(5,000.00, l,;earing in-
<br />
<br />i
<br />terest at the rate of 6~ per anil~, int6~est payable S~Ji-annually
<br />
<br />on October 10"1Jl:1 and .April lOth of eac~'l ,;'ear, numbered from
<br />
<br />1 to 5, both :~nc1usive, in denor.lii1ation of 'ill.OOO.OO eaci.1. and
<br />l11aturir~ saria.lly ~l,OOO .00 on April loth of' each of L'le
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<br />years 1941, 1849, 1957, 1953 and 1969. All of said street
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<br />TI'le aggregate ~moLnt outstandinr, and unpaid on all
<br />of said above described issues being 'ti'148,000.00 and t~le
<br />Oi ty Council of the Oi ty of La .Porte deems it advisa-ole tind to
<br />
<br />ti.le best int.er'cst of said <.;i ty 'i...a.at said at>ove desciJi~.il.3d
<br />
<br />outstandir.g bonds, in the amount of 'tt'148,000.00, be ref'wlded
<br />and that 1'1e1;1 l,londs be issued in lieu thereof.
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<br />T:Illir.....FOd.E, b:3: iT ORDA:U~:!!D E:.Y 'lIdS CITY COtJEGiL Ji," TdE
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<br />CI':'Y OF LA Po:.i.T:'!:, ~-r.xAS:
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<br />Section 1. That the bands of said City, to te called
<br />
<br />e
<br />
<br />11 Ci ty of La :Porte Refunding ..:..ondsll, be issued under and :J;j
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<br />virtue of tl1e Constitution and Laws of t~J.e State of Texas,
<br />
<br />including a~apter 163, Acts of the 42nd LegislatUl"'e, 1931,
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<br />to t:1.e amount of One dundred and Forty-:Eight 'lhousand
<br />~l48,OOO.00)~cllars, for t:e purpose of refundine, canceling
<br />
<br />and in lieu Ci t~T of Lc. ,i..::Jorte .~B.ter'::orks Londs, da'.:,ed
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<br />~,~oveLber 10, 1925, City of La Porte .ri.efu.nding Londs, dLt';;lu
<br />
<br />e
<br />
<br />Dece~d;er 10 lS29, City of La torte Be,Jer 110nds, deted
<br />January 10, 1830, City of' La J:'or 'L e .iat..er"orks Londs, - , .
<br />~ii L 3U
<br />Januur"T 10, 1830, Oi t;y 01' La for t e City tIall and Fire dtl.4.Li on
<br />. oj
<br />Eond s , dated J ':.nullry 10, 1930 and Ci t ~r of La. J." ort e St!' .~€:'"
<br />
<br />Improver;.ent bonds dated JaI:uary 10, 1960.
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<br />Section 2. That said 'bonds s2ull be .tul1lberecl consecutive-
<br />
<br />1y fror,' 1 to l~B, inclusive; s;1all te 01' the denomination of
<br />One :.r:.1.ol"~nd (jl,OOO.OO) Dollars euc~l, a.c""re[':;,;.tint' One :it,nC:~('ed
<br />al:d }'crty-~i.s~lt T.1.ousanG: L..lt.::3,000.OO) Dollars.
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