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O-1965-719
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O-1965-719
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Last modified
11/2/2016 3:38:26 PM
Creation date
10/24/2006 11:23:08 AM
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Legislative Records
Legislative Type
Ordinance
Date
7/1/1965
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<br />- <br /> <br />'.,. <br /> <br />... <br /> <br />~ <br /> <br />.. <br /> <br />. <br /> <br />e <br /> <br />(FORM OF INTEREST COUPON) <br /> <br />NO. <br /> <br />$ <br /> <br />On <br /> <br />, 19 <br /> <br />, the City of La P~rte, in <br /> <br />the County of Harris, State of Texas, promises to pay to bearer, <br /> <br />the amount of <br /> <br />Dollars, in lawful money <br /> <br />of the United States of America, without exchange or collection <br /> <br />charges to the bearer, upon presentation and surrender of this <br /> <br />interest coupon, at the First City National Bank of Houston, <br /> <br />Houston, _, Texas, said amount being interest due that day on the <br /> <br />bond, bearing the number hereinafter designated, of that issue <br /> <br />of City of La Porte Waterworks and Sewer System Revenue Bonds, <br /> <br />Series 1965, dated <br /> <br />, 1965. The holder hereof shall <br /> <br />never have the ~ight to demand payment of this obligation out of <br /> <br />any funds raised or.to be raised by taxation. Bond No. <br /> <br />Mayor, City of La Porte <br /> <br />City Clerk, City of La Porte <br /> <br />Section 7. That the term 1I'0utstanding Bonds," as used. <br /> <br />herein, shall mean the outstanding bonds of the following issue <br /> <br />of said City: <br /> <br />Waterworks and Sewer System Revenue Refunding <br />Bonds, Series 1962, autho~ized by ordinance <br />dated April 6, 1962. <br /> <br />The Series 1965 Bonds authorized hereby are parity "Additional <br /> <br />Bonds" as defined and permitted in the aforesaid Ordinance dated <br /> <br />April 6, 1962, and Sections 8 through 13 of said ordinance are <br /> <br />adopted by reference and shall be applicable to said Series 1965 <br /> <br />Bonds for all purposes, except to the extent hereinafter speci- <br /> <br />fica11y modified and supplemented. The Series 1965 Bonds and the <br /> <br />Outstanding Bonds~ are and shall be secured by and payable from <br /> <br />a first lien on and pledge of the Net Revenues of said City's <br /> <br />Waterworks and Sewer System, and all of said obligations shall <br /> <br />be on a parity and of equal dignity in all respects. <br />
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