O-1949-390 - Laserfiche WebLink

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-... ~ . . ,. ~ ----. promissory note executed by them in favor of the City and to be secured by a con- ,~ tract lien against' the property against which such assessments are made and to be additionally secured by a Deed of Trust in favor of J. E. Muldoon, Trustee, against such property; such note being assignable or transferrable and the City is hereby authorized to sell, transfer, assign and pledge to any lending institution or pri- '\Tate individual upon a resolution duly passed by the City Commission any or all .'Jf such notes without notice or without advertisements of such transaction. SECTION,TEH: That the signature of the Mayor, attested by the City Clerk under 'lihe official seal of the City shall be sufficient to bind the City upon any t~ontract or instrument of writing necessary to evidence the agreement between the .,'-'-.. Gity and property O1'.ner or owners as to the contemplated improvements and the . financing thereof. SECTION ELl!:VEN: If any section or any part of this Ordinance shall be held to be <:ontrary to the Laws of the State of Texas, then and in such event, such laws shall c:ontrol anci should BIU section or any part of this Ordinance be held invB~id, such j~validity shall not affect the remaining portions thereof; it being the express i.ntention of the City CO!:lIllission to enact such Ordinance without respect to such c:ontrary section or sections or to such section or sections held to be invalid. rJ PASSED this I D -day' of November, 1949, by a vote of 3 AYES and ~ NOES. APPROVED by the Mayor and attested by the City Clerk on said c,ate. "--" -" ATTEST: '/JV~ /1' /./' ~ ') ~'-'". '.' . .. ' .,;; Pf':l:effer, lilayor, i" ;; CiW.i'of La Porte. ~/ / / 6 7((" .r. .. , , V {'J. :, " , ... ," .' ~ It.' . . ...... ' . . I ,. ,4,. 6'\ F ,~ J- .- ~. '.