O-1946-327 - Laserfiche WebLink

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~--'-~ / -- __ I' . /"' , ,I ',F'>. ~..~~ C:: : ~ ~ _. . . Msy~.<- ---/ 1946. J PASSED FINALIX .AND APIROVED this ;-}:l",.fi<~' day of Ootober, The Comptroller is authorized to aooept fra:J. J. R. Phillips Investment Co...apany or its order, the original warrants tl:at are being refunded and is authorized in lieu thereof to deliver to said J. R. Phillips Investment Company, or its order, the refunding bonds herein authorized when registered. XIII. XII. IT lS FORTHER ORDAINED that all things required to be done . by law in the i ssuanoe of s aid original warrants refunded hereby have happened and been perform$d in due time, fbnn and manner, as required by law; that the City of La Porte received full and lawful value for all of said warrants refunded hereby; that all aots heretofore per- formed by the City Counoil and by the several City Offioials in refer- enoe thereto are hereby expreSSly ratified, and said 0 r.l.gi. nal warrants are hereby ratified; tba t all a cts required by law and all things re- quired by law to have happened in reference to this issue of refundiIlg bonds have happened and been properly peflformed in due time, tom and manner, as required by Jaw. IT IS :EURTHER ORDAINED that the City Council reserves th e rig h t to IRY all or a po rt 10n of such bonds, in tere st and! or principal, out of tunds to be derived from other lawful souroes, and if and. wl::en such payIIB Itt shall be made or adequately provided for in Vl1hole or in part, then and in that event the hereinbefore mentioned tax s'hall thereby be superseded and. to that extent such tax need not be levied, assessed and colleoted for tm year and/or yeaX's and to the extent 'for which such P 10 vi ai on is me. de fo r pa;rm.ent out 0 f funds from other lawful S01.U"cea. XI. e .. . . e e V e