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<br />,;;. . , ... <br /> <br />""--'. <br /> <br />e <br /> <br />.~........ <br /> <br />e <br /> <br />'-'." <br /> <br />. <br /> <br />e <br /> <br />PROPOSITION NO. TWO <br />SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, <br />TEXAS, BE AUTHORIZED TO IS~UE THE BONDS OF SAID CITY <br />IN THE AMOUNT OF. $ ~~ D ~ . , MATURING sERIALLY <br />\alITHIN THIRTY (30). S FROM THEIR DATB OR DATES. AND <br />BEARING INTEREST AT A RATE NOT TO. EXCEED FOUR (4%) PER <br />CENT ' PER ANNUM, FOR THE ACQUISITION OF A CAPITAL PRO- <br />JECT, TO-ltIIT: CONSTRUCTING A CITY HALL WITHIN SAID <br />CITY AND TO LEVY TAXES ON ALL TAXABLE.PROPERTY \>J'ITHIN <br />SAID CITY SUFFICIENT TO PAY. THE ANNUAL, INTEREST ON . <br />SAID BONDS AND. PROVIDE A SINKING FOND TO PAY THE PRIN- <br />cIpAL THEREOF AT MATURITY. <br /> <br />Section 2: <br /> <br />The City Commission finds that the probable period <br /> <br />of usefulness of the street improvements is approximately thirty <br />(30) years and the probable period of usefulness of the City Hall <br />is approximately thirty (30) years. <br /> <br />Section 3: <br /> <br />That said election shall be held at the City Hall <br /> <br />Building, in the City of La Porte, Texas, and the entire City shall <br />constitute one election precinct. The following named persons are <br />hereby appointed officers of said election. <br />~fl s,' If ~ .f1If.L, -f o~ , Presiding Judge <br />;Y!B t1?f"~ H ItR.?t. I'~ olV ,Assistant Judge <br />4.,1'1.\. L 0/5, C't> d1 pf tJV ,Clerk <br />, <br />~ s. ~L A IJtI~ ,Dc I o;vp yo , Clerk <br />. / <br />Section 4: That said election shall be held in accordance with <br /> <br />the provisions of the Constitution and the laws of the State of <br /> <br />e TE~xas and the City Charter and only duly qualified resident electors <br />of the City of La Porte, Texas, who own taxable property within <br /> <br />/_--.....,. <br /> <br />e <br /> <br />said City and who have duly rendered the same for taxation, shall <br /> <br />be qualified to vote. <br />Se~tion 5: That the ballots of said election shall conform to the <br />requirements of Chapter 6 of the Election Code of the State of Texas,l <br />Ch€lpter 492, Acts of the 52nd Legislature of Texas, 1951, so far as <br /> <br />. <br />a.pplicable, and, in addition to the requirements of said Chapter 6 <br />shall have printed thereon the following: <br /> <br />OFFICIAL BALLOT <br />PROPOSITION NO. ONE <br />FOR THE ISSUANCE OF $2QO,000 STREET I~~ROVEMENT BONDS <br />