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<br />AND IT FURTHER APPEARS and this City Oouncil atfirua- <br />tively so finds, that no pet.ition has been filed with or presented <br />to the Oi ty Secretary or the Mayor or the Oi ty Oouncil by ten. per <br />cent or any other numbe.r of the qualified voters of said city' <br />whose names appear on the last approved t,ax rolls as property <br />taxpayers requesting a refe,rendum or protesting the issuance o:f <br />such refunding bonds or otherwise object1,ng thereto. <br />AND IT FURTHER APPEARS that it is \0 the best interest <br />of the o.i ty of La Porte and to its citizens and taxpayers ~ha.t <br />the hereinbefore described 4.t€ warr'ahts should be refunded by t,he <br />is,suance of an equal amount of 4$ refunding bonds, as hereine.fter <br />more fully set out. <br />AND IT FURTHER APPEARS and the 01 ty Oouncil affirmat1.vely <br />so finds and adjudges', that, the finanoial oo~dition of the City <br />of La Porte will not permi t such refunding bonds to be made to <br />mature in such annual installments as will make the burden of <br />taxation to pay same approximately uniform throughout the term <br />of' such bonds, unless the maturities as herein listed make the <br />burden of taxation to pay same approximately uniform. <br />THEREFORE. BE IT ORDAINED BY THE CITY COUNOIL OF TEE <br />OITY OF LA pORTE. TEXAS: <br /> <br />FRED R. RUFF <br />Mayor <br /> <br />Refunding Bonds in the maximum amount ot 112.000.00, bearing <br />in terest at the rat.. of 4$ per annum, wi tb., maximum maturi ty cla'~e <br />not la'ler than 1959. and to issue such r.tund1mg bonds tor' the <br />purpose of refunding an equal amount of 01 ty of La Porte Sewell' <br />Warrants, bearing interest at the rate of' 4t( per annum. <br /> <br />.'.... <br /> <br />e ,', <br /> <br />e <br />