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O-1945-320
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O-1945-320
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Last modified
11/2/2016 3:38:18 PM
Creation date
10/23/2006 2:06:41 PM
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Legislative Records
Legislative Type
Ordinance
Date
10/8/1945
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<br />e <br /> <br />~ . .-~..... <br /> <br />". <br /> <br />e. <br /> <br />e. . <br /> <br />./-...... <br /> <br />e. <br /> <br />'j <br />,I. <br />I, <br />'i <br />r <br />.I <br />II <br />II <br />" <br /> <br />ILECTION <br /> <br />. <br /> <br />. <br /> <br />e <br /> <br />ORDINANCE NO. 32' ' <br />AN ORDINANCE PROVIDING FOR THE LEVY, ASSESSMENT AND COL- <br /> <br />OF AN AD VALOREM TAX FOR THE YEAR 1945, OF AND AT THE RATES <br />IOF $1.50 ON EACH $100.00 VALUATION OF TAXABLE PROPERTY IN THE CITY <br />I OF LA PORTE FOR THE PURPOSE OF PAYING THE INTEREST ON, AND A S INK- <br /> <br />,lING FUND FOR, THE REDPl4PTION OF "CITY OF LA PORTE REFUNDING BONDS, <br />SERIES 1935", "CITY OF LA PORTE SEWER FUNDING BONDS, SERIES 1938" <br />AND "CITY OF LA PORTE SEWER IMPROVFMENT WARRANTS, SERIES 1943" AND <br />FOR PAYING CURRENT EXPENSES OF SAID CITY. <br />I BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ~'POR <br /> <br />, <br /> <br />, <br />i TEXAS: <br /> <br />Section 1. There 1s hereby levied and shall be assessed <br />and collected tor the year 1945 on all the taxable property in the <br />Clty of La Porte, Texas on the 1st day of JanuarJ of the year 1945, <br />an ad. valorem tax of, and at the rate of. One and 50/100 Dollars <br />($1.50) on each One Hundred Dollar ($100.00) valuation of taxable <br />property ln said City, estimated ln lawful currency of the United <br />States, for the purpose of paying the interest on, and a sinking <br />I fund for the redemption of, One Hundred Forty-Eight Thousand Doll <br />I <br />1($148,000.00) "City of La Porte Refunding Bonds, Series 1935", <br />II <br />.jEleven Thousand Five Hundred Dollar ($11,500.00) "CitJ of La Porte <br /> <br />I' <br />!I Sewer Funding Bonds, Series 1938", Fifteen Thousand Dollar <br />:1 <br />il($l5,OOO.00) "CitJ of La Porte Sewer Improvement Warrants, Series <br />:11943", and ror paying current expenses of said City, and levied as <br />,t01l0WS, to-wit: , <br />I (a): There is hereby levied a tax ot EigbtJ Cents (80ti) <br />Ion each One Hundred Dollar ($100.00) valuation of taxable property <br />I <br />I <br />! 1n the C1ty of La Porte tor the yes.r 1945, for the purpose of pay- <br />i lng the current interest on, and to provide the necessary sinking <br />fund for, the One Hundred Forty-Eight Thousand Dollar ($148,000.00) <br />"City ot'La Porte Refunding Bonds" issued in the year 1935, and th <br />same sh~l be assessed and collected and.applied to the purpose <br /> <br />I named. <br /> <br />(b) There is hereby'levied a tax of Five Cents (5~) on <br /> <br /> <br />each One Hundred Dollar ($100.00) valuation of taxa~le property in <br /> <br />the City of La Porte for the year 1945, for the purpose of paying <br /> <br />,,",, <br />
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