O-1949-376 - Laserfiche WebLink

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. e r'-.. - redemption before maturity, numbered from 1 to 75, both inclusive, in the denomination of $1,000 each, aggregating $75,000, and is issued for the acquisition of a capital project, to-wit: construc- ting and improving the roads, bridges and streets of said city, under and in str!ct conformity with the Constitution and laws of the State of Texas, particularly Chapters 1 and 7 of Title 22, Re- vised Civil statutes of Texas, 1925, as amended, and the City Charter of said city, particularly Article VI thereof, and pursuant to an ordinance duly passed and adopted by the City Commission of the City of La Porte, Texas, which ordinance is of record in the minutes of said City Commission. The date of this bond, in conformity 'with the above mentioned ordinance, is "Ma-y'. 10, 1949. It is hereby certified, recited and represented that the series of bones of which this bond is a part was authorized at an election held in the City of La Porte, Texas, on April 16, 1949, "t'" ..... -~ and that all acts, conditions and things necessary to be done pre- cedent to and in the issuance of these bonds, in order to make them re legal, valid and binding obligations of said city, have been done, have happened and been performed in regular and due time, form and manner as required by law; that due provision has been made for levying and co:lecting annually by taxation an amount sufficient to pay the interest on these bonds as it falls due and to prOVide a sinking fund for the final redemption of said bonds at maturity; ...~ .... . and that the issue of bonds or which this one is a part, together with all other indebtedness of said city, does not exceed any constitutional or statutory limitation. IN WIT~SS ~lliEREOF, the City Commission of the City of La Port, Texas, has caused the seal of said city to be affixed hereto and this bond to be signed by the Mayor and countersigned by the City Clerk, and the interest coupons hereto attached to be executed by .~-". ,t ........ -