O-1955-480 - Laserfiche WebLink

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'. e e . -..~ e WHEREAS, said election was properly called and notice thereof given as required by law and the City Commission has heretofore canvassed the results thereof and determined the specific authority of the City to issue said bonds; Therefore BE IT ORDAINED by the City Commission of the City of La Po rte, Texas: :It Section 1: That the bonds of the City of' La Porte, Texas, be issued in the principal amount of $60,000.00, to be known and designated as IICITY OF LA PORTE SANITARY SEWER SYSTEM BONDS, ...-. SERIES 195511, for the acquisition of a capital project, to-wit: improving and extending the City's sanitary sewer system, under and in strict conformity with the Constitution and laws of the State of Texas, particularly Chapters 1 and 7 of Title 22, Revised Civil Statutes of Texas, 1925, as amended, and the City Charter of said city, particularly Article VI thereof. Section 2: That said bonds shall be dated February 15, 1955, shall be numbered from One (1) to Sixty (60), both inclusive, ,.---"'., e'- shall be in the denomination of $1,000 each, aggregating $60,000, and shall become due and payable on the 15th day of February in each of the years and in the respective amounts shown in the following schedule, to-wit: Bonds Nos. Maturity Amount 1 - 2 February 15, 1959 $2,000.00 3 - 4 " n 1960 2,000.00 5 - 6 II II 1961 2,000.00 7 - 8 II It 1962 2,000.00 9 fo:t10 .. " 1963 2,000.00 . 11 -12 II II 1964 2,000.00 13 -14 ..' I' 1965 2,000.00 15 -17 II " 1966 3,000.00 18 -20 n 11 1967 3,000.00 ...--...... 21 -23 tl- II 1968 3,000.00 e 24 -26 II .. 1969 3,000.00 27 -29 u II 1970 3,000.00 30 -3~ It II 1971 3,000.00 33- 35 II II 1972 3,000.00 36 -38 IJ II 1973 3,000.00 39-41 n- .. 1974 3,000.00 42 -44 II II 1975 3,000.00 45 -50 II II 197.6 6,000.00