O-1936-258 - Laserfiche WebLink

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; .{ I e e '" OP..nHIA.1:JCE 11f0. 2E;8 AN ORDINANCE PROVIDIl:W l<"OR THE lEVY ~ 1\.SSESSl:Ih1rr AND COLU:CTIOU OF AN AD ',") VALOREM TAX FOR THE YEAR 1936 OF AIID AT THE RATE OF $1.50 ON EACH $100.00 VALUATION . , I \ " OF TAXABLE PHOPERTY nr THE C rry OF LA. PORTE FOR THE PURPOSE OF PAYING THE Il'lTEHES'l' on;, AND A SINKING FillID Forl THE REDE1.:Pl'ION OF~ "CI'l'Y OF LA PORTE REFUlIDING BONDstt AND "CITY OF LA PORTE HEFU1IDIUG WARRANTS, SERIES 1935" AfID FOR PAYING CURRENT Ey"pm':SES OF SAID CITY. BE IT OnDAIIJED BY THE C TI'Y COUNCIL OF 'rBE CITY OF LA PORTE, TEY.}..S: Seotion 1. Th~l'e is hereby levied and shall be assessed und collected for the year 1936, on all the taxa.ble property in the City of La Porte, Texas. on the first day of January of the year 1936. an ad valor~m tax of, and at the rate of, One and 50/100 nollars ($1.50) on each One Hundred Dollar U)lOO.OO) wluation of taxable . --. property in said Ci t~r. e stima. bed in lawful currency of. the tIlli ted Sta.te s. for 'Lhe pur- , J' \. '~. ) pose of paying the intern st on, and a sinldng fund for thfl redl.'lmpt ion of. One Hum1.red Forty-Eight Thousand Dolla.r (~~148,OOO.00) "City of La Porte Refunding Bonds" and Thir- teen ~rhousand Eight Hu.l1dl'ed Eighty-Seven und 91/100 Dollar (~~13.8,87 .91) liCit:; of La. Porte Refunding 'l,'rarran"bs, Series 1935" and for paying currel1t e~cpenses of said Cit;r. and 1E~vied as follows. to-wit: (a) There is hereby levied a tax of One Dollar ($ 1.00 ) on each One Hundred Dollar (~100.00) valuation of ta.xable property in the C::i,tjr of La Porte $' for the year 1936. for the purpose of paying the current interest on. and to provide the necessar,y sinlcin~ fund. for. the One Hundred Forty-Eieht Thousand Dollar '. ($148~000.OO) "Ci.ty of La Porte Refunding Bonds" issued in the year 1935. and the -_:) same sha.ll be a.ssessed e.nd colleoted and a.pplied to ~he purpose nt',Jned. " (b) There is hereby levied a taT. of Twenty oents ($.20) on each One Hundred Dollar ($100.00) valuation of taxable property in the City of La Porte. for the year 1936. for the purpose of paying the ourrent interest 011. and to provid::! the necessary sinkin~ fund for. the Thirt~en Thousand Eight Hundred EiGhty-Seven and 91/100 Dollar ($13,887.91) "City of La Porte Refunding Warrunts, Series 1935". and the same shall be assl3ssed and oolleoted a.nd applied to the purpose named. ,(c) There is hereby levied a tax of Thirty oent. ($ .30 ) on each One Hundred Dollar ($100.00) valuation of taxable property in the City of La. Porte, for tho year 1936, for the purpose of paying the various ourrent expenses of the City '\ of La Porte for the yea.r 19S6~ includin.g street and bridge work and repairs, payment . .-'j of salaries of offices and all other neoessary current expenses of said Ci"by.'