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<br />...........---...... <br /> <br />- <br /> <br />........--....., <br /> <br />e <br /> <br />/..--- ....... <br /> <br />e <br /> <br />"--""'" <br /> <br />e <br /> <br />. <br /> <br />. <br /> <br />ORDINANCE NO. 351 <br />AN QlIDINANCE PllOVIDING ~R THE LEVY, ASS:s.:SSMEWr AND <br />COLLECTION OF AN AD VALOREM TAX FOR THE YEAR 1947, OF AND AT THE <br />RATES OF $1.50 ON EACH $100.00 VALUATION OF TAXABLE PROp.~TY IN <br />THE CITY OF LA PORTE FOR THE PU~POSE OF PAYING THE IN~EREST ON, <br />AND A SINKING FUND FOR, THE REDEMPTION OF "CITY Oii' I,A POrtTE RE- <br />FUNDING BONDS, SERIES 19313", "c ITY OF LA PORTE SEWER FUNDING <br />BONDS, SERIES 1938\', "CITY OF LA PORTE SEWER REFUNDING BONDS, <br />SERIES 1944t' AND "CITY OF LA PORTE WATER SYSTEM REFl'"NDING BONDS, <br />SERIES 1946," AND WOR PAYING CURRENT EXPENSES OF SAID CITY. / <br />BE IT ORDAINED BY THE BOARD OF Cm~r.rISSIONERS OF THE CITY <br />OF LA PO:FI.TE; TEXAS; <br />Section 1. There is hereby levied and shall be assessed <br />and collected for the year 1947 on all the taxable prop~rty in the <br /> <br />. <br />~ity of La Porte, Texas, on the 1st day of January of the year <br />194U, an ad valorem tax of, and at the rate of, One and 50/100 <br />Dollars ($1.50) on each One Hundred Dollar ($100.00) valuation of <br />taxable property in said City, estimated in lawful currency of <br />the United States, for the purpose of paying the interest on, and <br />a sinking fund for the redemption of, One Hundred Forty-Eight" <br />Thousand Dollars (~148,000.00) "City of La Porte Refunding Bonds, <br />Series, 1935", Eleven Thousand Five Hundred Dollars ($11,500.00) <br />"City of La Porte Sewer Funding Bonds, Series 1938", Fifteen <br />Thousand Dollars ($15,000.00) "City of La Porte Sewer Refunding <br />Bonds, Series 1944~, Twenty-two Thousand Dollars ($22,000.00) <br />"City of La Porte Water System Refuneing Bonds, Series 1946", and <br />for paying current expenses of said City, and levied as follows, <br />to-wit: <br /> <br />(a) There is hereby levied a tax of Fifteen cents (15t) <br />on each One Hundred Dollars ($100.00) valuation of taxable pro- <br />perty in the City of La Porte for the year 1947, for the purpose <br />of paying the current interest on, and to provide the necessary <br />sinking fund for, the OnA Hund~ed ~orty-E1ght Thousand Dollars <br />($148,000.00) "City of La Porte Refunding Bondsu issued in the <br /> <br />I <br />