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<br />i' <br /> <br />. <br />,;. <br /> <br />e <br /> <br />. <br /> <br />'- <br /> <br />ORDINANCE AUTHORIZING THE ISSUANCE <br />OF CITY OF LA PORTE WATERWORKS AND <br />SEWER SYSTEM REVENUE BONDS, SERIES <br />1965, IN THE AMOUNT OF $300,000 <br /> <br />THE STATE OF TEXAS <br /> <br />COUNTY OF HARRIS <br /> <br />CITY OF LA PORTE' <br /> <br />WHER~S, the bonds hereinafter authorized were duly and <br /> <br />favorably voted, as required by the Constitution and laws of the <br /> <br />State of Texas, at an election held in said City on the 27th day <br /> <br />of April, 1965; and <br />, <br /> <br />WHEREAS, the bonds hereinafter, authorized are to be <br /> <br />issued and delivered pursuant' to Vernon's Articles llll through <br />~ lll8. <br />BE IT ORDAINED ;BY THE CITY COMMISSION OF THE CITY OF LA PORTE: <br /> <br />Section l. That said City's coupon bonds to be designat- <br /> <br />l <br />ed the "City of La Porte Waterworks and Sewer System Revenue <br /> <br />Bonds, ,Series' 1965," are hereby au~horized to be issued and <br /> <br />delivered in accordance with the Constitution and laws of the <br /> <br />State of Texas, in 'the principal amount of $300,000 for the pur- <br /> <br />pose of providing $175,000 for improving and extending said City's <br /> <br />Waterworks S~stem, and providing $125,000 for improving and <br />. extending said City's Sewer System. <br />Section 2. That said bonds shall be dated <br /> <br />, 196 , <br /> <br />shall be numbered consecutively from 1 through 60, shall be in <br /> <br />the denomination of $5,000 each, and shall mature and become due <br /> <br />and payable serially on March 15 in each of the years, and in the <br /> <br />amounts, respectively, as set forth in the following schedule: <br /> <br />. <br /> <br />YEARS AMOUNTS YEARS AMOUNTS <br />1969 5,000 1979 10,000 <br />1970 5,000 1980 25,000 <br />1971 5,000 1981 25,000 <br />1972 5,000 1982 '25,000 <br />1973 5,000 1983 25,000 <br />1974 5,000 1984 25,000 <br />1975 5,000 1985 25,000 <br />1976 lO,OOO 1986 '25,000 <br />1977 lO,OOO 1987 25,000 <br />1978 lO,OOO 1988 25,000 <br />