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O-1958-549
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O-1958-549
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Last modified
11/2/2016 3:38:23 PM
Creation date
10/23/2006 7:27:12 PM
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Legislative Records
Legislative Type
Ordinance
Date
8/1/1958
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• i <br />.~ <br />t <br />~~, (;ilG. tli <br />. .~ <br />TAX fiNTICIPATION N[1TE F{lR <br />THE YLA~ ~95d-1939 <br />FISCAL YEAR BfGI~NI~~G <br />IhLI 1, lyStS, :;IVIIIG 3lihl~. 3t, I95y <br />~~ <br />La ~°orte, Iexss, Suiy ~, i95t1 <br />The City of La Portc, Tuxes, acting by and through its duly authorized <br />officers, tar value received, prucaises to pay to the order of"`fbe First ~~ational <br />Bank of Ca i~arte, at i,a Porte, Texas, tae sum of Three Thousand Dollars <br />($3,u(,~.r~), with interest at tae rate of five per cent. (3~i} per annum, such <br />interest payable uiontuly as it accrues. <br />all E;i,st due interest small near interest at the rate of ten per cent. <br />(1~.~A} firer annnm. <br />Ttie principal oC this note shall be due and payable in twelve (lZ} <br />equal aantuiy instalLaents is tine su~a of Twa lucdrei! aaci .nifty :'spars (~25~~.(~~t) <br />each, the first oT such installments being due aaJ payable oa or before the 3Cth <br />day of Duly, ~-. ~,. l`5~, and a like installment being dae ;,na payable op or re- <br />fure t11e ~vtll day" Oa eaCil and eV@Cy StlCCee(S1-iy Cuiendar uGi~ttl t:lercafter Until <br />tae full ~~riuci[;al sum shall have been paid. <br />It is hereuy specially agreed that if this note is placed fa the heads <br />of an attaruey Tur esllectiou, or ii collected by suit or thraugh tae Prorate or <br />Bankruptcy Court, we agree to pay tea per cent. (i4~%) ad:,itioaal on the principal <br />and interest theu due hereon, as attorney's gees. <br />cop; cif the itesolutioa authoriLiny tae borrowing of the sum of Three <br />Thousand Ilollars (~3,UUQ.Uu) and the issuance of this note is hereto attached. <br />THE CITY OF LA PHItTE, TE~{AS <br />t <br />A T -~ <br />City Clerk o.'" the City of La -'orte, <br />Texas <br />~a or of the C~ity~;;" La 'orte, <br />Texas <br />• <br />
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