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<br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />e <br /> <br />e <br /> <br />(c) It is understood that the owners and developers intend to <br />have Mr. Ernest L. Brown, Jr. employed as Fiscal Agent for <br />This District and have Mr. Brown instructed to keep in mind <br />the City of La Porte and its financial pDsition in determining <br />all terms and conditions of the proposed bonds to be sold by <br />the Fresh Water Supply District. <br /> <br />(d) That the District give serious consideration to the possibility <br />of tying the proposed District system into the City of La Porte <br />system. This proposition is a suggestion that these matters <br />be explored and of course if it is determined that this procedure <br />is both feasible and economical then it would be the wishes of <br />the City Commission that it be carried out. <br /> <br />Subject to the v~itten acceptance of the conditions contained in this <br /> <br />resolution the City Commission does hereby assure all interested parties that <br /> <br />so long as this development is carried out in a manner consistent with the <br /> <br />future demands of the area and acceptable to the City of La Porte, then it is <br /> <br />not the intention of Ule City Commission to annex this area until after the <br /> <br />District has been created and monies have been made available for the con- <br /> <br />struction of the water and sewer facilities within the area and assuming that <br /> <br />this project will be carried through to completion wi thin the normal length <br /> <br />of time. <br /> <br />The City Commission wishes to clearly state that this is an expression <br />of intent made in good faith. <br />Pas.3.~Ci and approved this the day of 1960 . <br /> <br />Mayor <br /> <br />ATTEST: <br /> <br />City Secretary <br />