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<br />e <br /> <br />. <br /> <br />.- <br /> <br />note to be due and payable on or before sixty (60) days from <br />the date thereof, that said note be sold by the City of <br /> <br />LaPorte to the First City Bank of LaPorte at LaPorte, Texas, <br /> <br />at not less than par value. When such note has been duly <br /> <br />executed by the Mayor, City Administrator, and the City <br /> <br />Clerk and delivered to said Bank, with a copy of this Resolution, <br /> <br />such indebtedness thereby evidenced shall be fully binding <br /> <br />upon the City; and <br /> <br />BE IT FURTHER RESOLVED that the City of LaPorte hereby <br /> <br />appropriates and set aside the sum of THREE HUNDRED FIFTY- <br />4It TWO THOUSAND NINE HUND~D SIXTEEN and 67/100 DOLLARS ($352,916.67) <br /> <br />out of the current revenues from the collection of ad valorem <br /> <br />taxes for the payment of such principal and interest indebted- <br /> <br />ness. <br /> <br />AND IT IS SO ORDERED. <br /> <br />APPROVED AND PASSED this the <br /> <br />21 day of June, 1978, <br /> <br />by the City Commission. <br /> <br />CITY OF LaPORTE <br /> <br />e <br /> <br />B:,< --:~ - <br />Mayor ot t e City of LaPorte, <br /> <br />Texas <br /> <br />ATTEST: <br /> <br /> <br />~~ <br />City Clerk of e <br />City of LaPorte, Texas <br /> <br />.. <br /> <br />-2- <br />