O-1941-288 - Laserfiche WebLink

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'e e- -- - e e ORDINANCE NO. 288 ... AN ORI:IliJAlifCE TRANSFERRING THE MONEY IN THE INTEREST AND SINKIJI~G FUND FOR THE REFlTNDn:G 'WARRAIIJTS, SERIES 1935, PROVIDING FOR THE LEVIES FOR SUCH WAR- RANTS TO BE HEREAFTER DEPOSITED IJIY THE CITY GENERAL FUND AND DECLARI1m .aN ,ELlER- GENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS: Section 1. There being nc further necessity to provide and. maintain II an Interest and Sinking Fund for the ~13,887 .91 City of La. Porte Refunding War- I : rants, Series 1935, since such Warrants have been discharged, part by payment I :a.nd part by those certain City of La. Porte Sewer Funding Bonds, Series 1938, fo ,1l'1hioh a suf'f'icient interest and Sinking Fund is being maintained, tho City ji Secretary, Tax Assessor and Colloc.1:;or , of the City of La. Porte, is hereby in- I i I structed to transfer, by Warrant. into the General Fund, the money now on de- li posit in the Interest and Sinking Fund tor such Refunding Narrants. I: Section 2. The levies heretofore made for the years 1935, 1936, 1937 I I II and 1938, for the purpose of maintaining the necessary Sinking Fund for the sai ! City of La Porte Re:f\mding vrarrants, Series 1935, shall hereafter. when collect d, ! I be deposited in the General Fund of the City, for the purpose of paying the various current expenses of said City. Section 3. The fact that there is no necessity for maintaining the Interest and SirJld.ng Fund for said Re:f'unding narrants.. Series 1935. and the money in said Sinking Fund and the levies to be oolleoted for said Fund are I needed in the City General Fund for defraying the City's current general ex- I I penses, creates an emergency and an urgent public necessity requiring that the , rules providing for ordinances to be read at three (3) several meetings be sus- pended and that this ordinance be passed as and take effect' as an emergency II measure ami such rules and provisions are aooording1y suspended and this ordi- 'I :~ nance is passed and shall take effect as an emergency measure and shall be in , " full force and effect ,\ Ii dained. ~ 1mmediate1y fran and after its passage and it is so or- ;, I Passed and approved this D. 194 . Ii II AT~ST: f "--- 'D'~ I' -f .?~, v ,t ~" "..., J, " _ (!'.' ~ I/. ,Co",? I,.,,' -,-t...-~ '~'_";:"~ 'r ecre ar1r~~e--~ of La Pdrte, , .. Mayor Texas .('~. " l.'