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<br />,..---.......... <br /> <br />e <br /> <br />......---........ <br /> <br />e <br /> <br />, '------""" <br /> <br />e <br /> <br />......---.......... <br /> <br />:-, <br /> <br />. <br /> <br />. <br /> <br />,. <br /> <br />ORDINANCE NO. 346 <br />.::, <br /> <br />AN ORDINANCE REP}i;ALING ORDINANCE NO. 340, PASSE'D JULY <br />1ST, 1947, APPROPRIATING 2% OF THE V1ATE'R AND SEWER CONl\l}~CTIONS <br />FOR THE PURPOSE OF PAYING THE INTEREST ON, AND A SINKING FUND <br />FOR" THE REDi~MPT.ION OF "CITY OF LA PORTE WATER SYST]}'~ REFUNDING <br />BONDS SERIES 1946", AND DECLARING AN EMERGENCY. <br /> <br />WHE3EAS, on July 1, 1947, the Board of Commissioners of <br />the City o~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 />est on, and to provide the necessary sinking fund for, the $22,000.00 <br />City of La Porte Water ,System Refunding Bonds, Series 1946, and <br />VlHEREAS, the Board of Commissioners have decided to levy <br />an ad valorem tax sufficient to provide the necessary interest and <br />sinking fund for said Bonds, <br /> <br />NOW, THEHEFORE.. BE IT ORDAINED BY THE BOARD O~ COMMISSION- <br />ERS OF THE CITY OF LA PORTE.. TEXAS.. that said Ordinance No. 340 is <br /> <br />hereby expressly repealed and rescinded. <br />An emergency e~ists constituting an imperative public ne- <br />cessity that the rule requiring ordinances to be read at three <br />several 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 />the)./ff day of tJ!f~ <br /> <br />Passed and approved this <br /> <br />A. Do 1947. <br /> <br /> <br /> <br />( <br /> <br />'-J <br />