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<br />. <br /> <br />)"AI <br />_0 1 <br />'"r:> ,;' <br /> <br />. <br /> <br />,.' --....... <br /> <br />e <br /> <br />fUJ OIIDI1l-1.UCE <br />J?Y~lTaE_ C~f'Y COii~~SS~O~i ~ ~O CITY Ol~ :u; ~l~T~~ ~lS, <br />J:l.U...,l1::liL..ZlilG TIm .ll.SSUh~.OB 01 OITY OF LA i,; O..\TE .t,~TERW'omro <br />JUJD 3E!i1E!lSY5'lIEf.j ~VENUE rJONDH, SERIES 1948, lIi TIlE <br />iU~OlmT Of ~250,,()OO. FOR :;,aIm ptmpOOB OF COrmTROCTINQ <br />EXI~lmrfIm;G AND DlJ'RCiV'mmNTS ~~O THE l/ATERilOI:r.5 SY3Tm.l <br />AIID T~m GIDlER SYOTEioi OF SAi]) CITY; PIUroCRIillnG THE FORlt1 <br />Of :JO~;P AND I!JTEREST COUPOlf J Pl.EDGINU 'rItE ~NUES OF <br />T1:D~ 'W'ATBlU.rORKS 3YSTlI4 J\ND THE SEWER ZYGT!:fI OliO :JAID CITY <br />'l'0 fAY Ifl:iE RRmCIPAL Or. AND II~RE..sT ON OJ\ID 1JONDS AFr~ <br />PROVIDIUG POR TliE EXPENSES OF OPERATING MID 3Y3TEMS J <br />W:a.lrlNG CEl~TAIli OOWW~~IT$ OF SAID CITY '~rru BEFERBNCE TO <br />T"'dE eoll'D Fm~ FROM WICR O.AlD PRINOIPAL ANI) INTEREST J,RE <br />TO nE ?J~ID; PROVJJ)U1Q ~IIAT TIlE nOIDEH O~ Hr~LD!mS 011 MID <br />BONDS S.dALL tth"VER UAVE TilE RIGHT TODEI.1Al4D PAYMENT OF <br />SJdU OBi.IQA.'1fIOlfS OUT Oi AW FUNDS RAISY,,!) Oli TO DE RA1SED <br />:BY TAXATIONJ f.tl\EING CERTAIN mOVI3IOIfS W1TH H6FEREUCE TO <br />~~ ISSlUiliCE OP ''l8J ....A.IIlING BOiIDS AUTHORIZED N:f THE <br />~j,JfCTI()N l!EL'O Oil?r~!!.n'OJ\Rl 21, 1943, Aim DEC1'.ARIDG AN <br />ElJ.UtIiGDCY . <br /> <br />..,....----. <br /> <br />" <br /> <br />lfiOOEAS" the C1ty COlili111sn1on of the City of :i.l1 Porte, TElXBS, <br /> <br /> <br />has heretofore on the 2nd day of Februal"J. 1948" adopted (). resolu- <br /> <br /> <br />tion Bnd or-de:tt 0811ing an elect1011. on the quest1cna of the <br /> <br /> <br />lesuanco of Revenue Bondo ot tIle City oi' !a Poi'to in tl1e amoWlt <br /> <br /> <br />or ~eoo,ooo.OO, bearing interest at e X-8te not to &);,ceod 5~; per <br /> <br /> <br />G1UlUiB" f\>::, tIJ.o purpose o~ eO!t!t~uct1ni extensions ulld iblprovements <br /> <br /> <br />te t:ae vaterlorks :aYGt;em of B&itlOity" a.nd tlJ.v 1CZCUiJ.nco 'ot: <br /> <br /> <br />Revenue Bonds of the City. nf La Porte in the nmount or $300,000.00;, <br /> <br /> <br />bearing .l1ltOJilcat a.t G rate not to e:x;oeotl ~~ pel"' n..m1tlm" for the <br /> <br /> <br />purPf,)se ot constructing ext01lD1ons and tmprOVOIllG:"lto to the sover <br /> <br /> <br />o:rste::i1 {.f seoid City; and providlnZ toot if both propositions for <br /> <br /> <br />the issl,.iB.uce of said \Jowls wcr~ t:ii.dopted., :Jcid Ci'~~':';ol1i1liaBlon <br /> <br /> <br />6~Ou1G ~,~ve the ri&~t to iSDue c~:;abinod tIuteNQr::s Md Sauer <br /> <br /> <br />System LevenuEI Donds in the Iiill'3.ximum WtlOunt of ~~OO" ~OQ. 00. and <br /> <br />~ -~~ <br /> <br />e <br /> <br />to pled.~,;0 t.~'1cn.f)t rS'70:il.Ues of' the 'i'-!e.tsX'tTorim c.nt: nc.rOJ:> G~-ateill to <br /> <br />tile: ~~l~:ll%"lt o~ tt..e p1l1nei~1 01' &r..d into!lt)st on emS.J bonds; and <br />~:-a.tFJ(El'-f. ~ e~:ta E>lect1on una held ';>UI'I3Url.nt to ~C:lCl resolu... <br />tlO6l U2'J.ti. order er..d i!l aocotacronue w;;'th lt~w on t~:o ?lf3t day of <br />Fab:i'US1\}" 19)~e. anti. rc,m.lted fCV01'1cbly to the ifJsu..:~.nee of' aaid <br /> <br />e <br /> <br />F.e",;r~nuc Hondo J l~cl <br />-~llmnEfi.S, ti:le City COmmi~o10n die. on the ... (~ day of <br />~4 ,,1948~ a.dopt c~ rosolution d.ocmri.n3 the results of' <br />