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<br />. <br /> <br />e <br /> <br />'to <br /> <br />I.~ . <br /> <br />~ <br /> <br />-~ <br />-- '.. <br /> <br />~' <br />..::::::;/ , <br />/ <br />-----/ <br /> <br />PROPOSITION NO. 2 <br /> <br />" <br /> <br />IlSHALL the City Commission of the City of La Porte, Texas, <br />. . IIPO <br />be authorized'to"issue $ /7~"~o~ bonds of said City, <br />. I <br />payable serially not to exceed thirty (30) years from their date, <br />bearing interest ata rate not to exceed four and one-half <br />(4-1/2%) per c.ent per annum, and to levy a tax sufficient to pay <br />the interest on said bonds and create a sinking fund sufficient <br />to redeem them at maturity, for the purpose of constructing <br />extensions and improvements to the sewer system of said City, as <br />authorized by the Constitution and Laws of the State of Texas <br />and the Charter of'said-City; the probable period of usefulness <br />of such improvements is estimated to be more than thirty (30) <br /> <br />-----." <br /> <br />~ <br /> <br />years. <br /> <br />. . SECTION 2. <br /> <br />That said election shall be held at the CITY <br /> <br />HALL in the City of La Porte, Texas (all of said City being <br />lnci~ded in one election precinct) 'and the following named <br />persons are hereby appointed orficers of said election: <br /> <br />-.............. <br />-- \\ <br /> <br />~. d~ ~.J.r7'o;t/ <br />/tnS~ VYf). S~8S <br /> <br />, PRESIDING JUDGE, <br /> <br />, ASSOCIATE JUDGE, <br /> <br />--_/ <br /> <br />t..'I/e,J &/S' d/2/B/"Jo~/ , CLERK, <br />~Jfr. a/ yt/'/ a/~ . CLERK. <br /> <br />SECTION 3. That said election shall be held under the <br /> <br />- ''''' <br />\ <br /> <br />. , <br />pr~visi6ns Of and in accordance with the laws governing the <br />issuance of municipal bonds by cities, as provided in the General <br />Laws of the State of Texas, and only qualified electors, who own <br />taxable property in said City and who have duly rendered the <br />same for taxation, shall be qualified to vote. <br /> <br />../ <br />