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<br />) t.' <br /> <br />- <br /> <br />'l' " . .. <br /> <br />,', <br />, ,. ... <br /> <br />..'~. <br /> <br />'.. <br /> <br />. <br />,~ <br /> <br />, <br /> <br />x. <br /> <br />BE IT ~URTH$R ORDAllfED that to pay the interest on said <br />~arrants and create a sinking fund with which to pay the principal <br />as lt I~tures, a tax at a rate sufficient for said purpose is hereby <br />levied against all taxable property in said City for the year 1943 <br />and for each succeeding year whole said warrants or any ot them <br />are outstanding; <br />And to pay the interest on said war~ants and to create a <br />sinking fund with which to pay the principal at maturity, such <br /> <br />tax of and at the rate of <br /> <br />,I$" cents on each one hurrlred dol- <br /> <br />lars valuation of taxable property in said City is hereby levied <br /> <br />v <br /> <br />for the year 1943, and the same, or so wuch thereof as ffi~ be <br />necessary, and as much more as may be necessary, is hereby levied <br />for each succeeding year while said warrants or any of them are <br />outstanding; <br />And there sball be c~lculatcd each year while mlY of said <br /> <br />warrants are outstanding and unpaid what rate of tax is necessary <br />to }rovi ae current interest and the required amount of the princi- <br />pal for such year, and a tax at such rate on each one hundred riol- <br />lars valuation of taxable ~operty in said City within the limits <br />permitted by the Constitution and Laws of Texas, shall be levied, <br />assessed and collected during each of said years, and said tax of <br />and at the rate so found to be necessary for each of such years is <br />hereby levied, and is ordered to be levied, assessed and collected <br />for such 9urpose. <br /> <br />XI. <br /> <br />BE IT FURTHER ORDAINED tl:Rt the City of La Porte reserves <br />the right to pay all or a portion of such warrants, interest and/or <br />principal, out of fUnds to be derived from other lawful sources, <br />and if and when such payment shall be made or adequately provided <br />for in whole or in part t then and in that event the hereinbefore <br />r.uentioned tax sllall be tilereby supex'seded and to tilat extent such <br />tax neea not be levied, assessed and collected for tne year and/or <br /> <br />years ana. to the extent for which such provisJ.on is Hlade for p~'- <br />ment out of funci.s froi~ other lawful sources. <br />