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<br />e <br /> <br />. <br /> <br />/ <br />ORDINANCE NO. 346 <br />~ <br /> <br />AN ORDINANCE REPEALING ORDINANCE NO. 340, PASSED JULY <br />1ST, 1947, APPROPRIATING 2% OF THE WATER AND SEWER CONNECTIONS <br />FOR THE PURPOSE OF PAYING THE INTEREST ON, AND A SINKING FUND <br />FOR, THE REDEMP~ION 01'-' "CITY OF LA PORTE WATER SYSTDA REFUNDING <br />BONDS SERIES 1946", AND DECLARING AN EMERGENCY. <br /> <br />WHEREAS, on July 1, 1947, the Board of Commissioners of <br />the City of" La Porte, Texas, passed Ordinance No. 340 appropriating <br />2~; of all water and sewer revenues collected during the fiscal year <br />ending June 30, 1948, for the purpose of paying the current inter- <br />eflt on, and to provide the necessary sinking fund for, the $22,000.00 <br /> <br />City of La Porue Water ..System Refunding Bonds, Series 1946, and <br />WIIEREAS, the Board of Commissioners have decided to levy <br />an ad valorem tax sufficient to provide the necessary interest and <br /> <br />s1,nking fund for said Bonds, <br /> <br />NOW, THEHEFORE, BE IT ORDAINED BY THE BOARD OF COMMISSION- <br />ERS OF THE CITY OF LA PORTE, TEXAS, that said Ordinance No. 340 is <br /> <br />hE,reby expressly repealed and rescinded. <br />An emergency e~ists constituting an imperative public ne- <br />ce:ss1ty that the rule requiring ordinances to be read at three <br />sElveral meetings be suspended and this Ordinance take effect and <br />be! in force from and after its passage and approval, and it is do <br /> <br />ordained. <br /> <br />tJf!/~ <br /> <br />Passed and approved this the ~ / If day of <br /> <br /> <br />A. D. 1947. <br /> <br /> <br /> <br />"'\" <br />'k <br /> <br />a <br />