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O-1948-357
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O-1948-357
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Last modified
11/2/2016 3:38:18 PM
Creation date
10/23/2006 2:46:19 PM
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Legislative Records
Legislative Type
Ordinance
Date
10/16/1948
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<br />e <br /> <br />e <br /> <br />XII. <br />It shall be the duly of the Mayor to submit the record <br />I <br /> <br />at said bonds and the bonds to the Attorney General at the State <br />or Texas tor approval and thereafter to have them registered by <br />the Comptroller of Publio Accounts of the State of Texas. <br />When said bonds have been registered by the Comptroller ot Public <br />Aocounts, the Comptroller 1s hereby authorized to deliver said <br />bonds to the ~.,~~.-;.~~. ~A....~/ Bank, Austin, <br />Texas, where they vill be pt\id tor by the purohasers. <br />XIII. <br /> <br />The revenue bonds, when properly executed by the c1 ty <br /> <br />officials shall be held by the Mayor of the City to be delivered <br />to the purohaser or purchasers thereof. The Mayor, City Clerk <br />and Oity Treasurer are hereby authorized e.nd directed to do any <br />8mall things necessary and/or convenient to carry out the terms <br />at 88id purchase or of said contract for delivery of sa1d bonds. <br /> <br />XIV. <br /> <br />'.\'hat the b1d or ~~ ~/;.L..?~ <br />on the bonds herein authorized, t a price or par and acorued <br />interest, plus a cash premium ot $':< ~~ t:) 0 , being the highest <br />and best bid submitted for said bonds, be, and the same 1s <br />hereby aooepted, and the Mayor, City Clerk and City Treasurer <br />are hereby authorized, dlreoted and instructed to do all things <br />ne~./ary to }eZ1V8 -, bonds to _1d ~ d47 2, \/1 <br />/~A./ :,,~ -I' ~ ~ at the contract <br />price here1n8bove mentioned. <br /> <br />xv. <br /> <br />By reason ot the fact that the CitJ Commission of the City <br />of La Porte, Texas. considers the passage ot. this ordinance and <br />the issuance ot said bonds necessary for the premervation of the <br />public health and safety of the citizens of said City, it is <br />
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