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<br />WlffiREAS, said election was properly called nd notice thereof
<br />given ~LS required by law and the City Commission has heretofore
<br />canvassed the results thereof and determined the specific authority
<br />of the city to issue said bondsj Therefore
<br />BE: IT ORDAINED by the City Commission of the City ot La Porte"
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<br />Texas:
<br />Section 1: That the bonds of the City ot ~ port,' Texas" be is-
<br />sued in the principal amount of $200,000.00, to be known and desig-
<br />nated as "CITY OF LAPORTE STREET IMPROVEMENT BONbs, SERIES 1953-A""
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<br />'---", for the acquisition of a capital project, to-wit: constructing
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<br />and improving the roads" bridges and streets of said city" under
<br />and by virtue ot the Constitution and laws of the State ot Texas,
<br />particularly Chapters 1 and 7 ot Title 22" Revisetl Civil Statutes
<br />of Texas" 1925, as amended" and the City Charter f said city,
<br />particularly Article VI thereof.
<br />Section 2: Said bonds shall be dated January 15" 1953, shall be
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<br />numbered from 1 to 200" both inclusive, shall be in the denominatio
<br />of $1,,000 each, aggregating '.$200"000,, and shall blcome due and pay-
<br />able on the 15th day of Jan~ry in each of the yelrs and in the
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<br />respective amounts shown in the following SChedUl]" to-wit:
<br />Bond Nos. Maturity Amount
<br />1 - 2 January 15" 1961 2,,000.00
<br />3 - 5 """ 1962 3,,000.00
<br />6 - 9 ~~" 1963 4,000.00
<br />10 - 13 "~, 1964 4,000.00
<br />14 - 21 ~~" 1965 8,,000.00
<br />22 - 29 "~" 1966 8,,000.00
<br />30 38 "~" 1967 9,,000.00
<br />39 - 48 "?, 1968 10,000.00
<br />49 - 58 "~, 1969 10,,000.00
<br />59 - 80 "~" 1970 22,000.00
<br />8: - 102 "~, 1971 22,000.00
<br />103 - 125 "., 1972 23,,000.00
<br />126 - 149 "~, 1973 24,000.00
<br />150 - 174 "~t, 1974 25,000.00
<br />175 - 200 "", 1975 26,000.00
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