05-03-1935 Special Meeting - Laserfiche WebLink

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.~ ~ (Pale Three) i f ~~ ~ A Res olvti ors pro*ridir.~r for the di spasi ti on of City of La Porte ~efuziding u~arra.n~rs of settees 7.935 now in the pasessiun of the City sect y. was adopted by a i~naaZ- imous vote of the Council. Resal~~ticr: fc1_lo~vs.; Le it resolved by the City Council that City cf La Porte ~"~arrarsts of tre ser~.es 1931 No. 1 for the sung of ~j~225.69, a.r:d idos.2 to 10 , both inclusive, for the sum of ~~~p~ X1,000.00 each, and the City of I,a Porte neft~riding V'r'arrants series 1935, P+o. ,~'r;~for the sum of X225.69 , and I~os. 1,2 to 29, both inclusive, for the sum of X500.00 each, should be placed with the First Ida tional E~ank of La Porte, Texas for safe keeping; therefore the City Secretary is hereby author- ized dad instructed to place said u'~arrants in said bank and receive a proper receigt from said bank, showing that such ~i~7E~~EY 'J'darrants have been received from the City of La Porte and are being held by the bank subject to the order of the City of La Porte. by a motion by Aldo Counts and second by Ald. Foyle the following resolution was adopted. by a unanimous vote of the Counci l.Kes olttti on follows; RF,S OLlifiI ON F OrC I' U~iLI CATI OT: OF AUDI T (h~S F'I idANCI AL STAT~'_ r.;NT . ~, ruhereas, the laws of this State require each City to publish each year, in a City Idewapaper, a correct and full staterr,ent of the receipts and expenditures fror~~ the date of the last anual report, together with the sources from which th.e funds were derived , and showir~ for what purpose disbursed, the condition of the 'Creasury, thogether with such information as Triay be necessary to a full uriderstanting of the firancial condition of the City; Now, Therefore, be it resolved by the Council of the City of La Porte that the part of the report of Learned and Tapp, Certified Pub~.ic Accountants, showing the financial statement and financial condition of the City of La Porte for the past fiscal year , be published in the News Tri bone and that the City Secs y. be hereby authorized and instructed to cause such publication to be made. A resolution regulati.r~g the expenditures of the City funds and prescribing; the powers and duties of ~orm3.ttees was adopted by the following vote of the Council. Ald. Holton Yea. Ald. Counts No. Ald. Foyle Yea Ald. Agee No Ald. ttoarlf Yea. The #~es oluti on f oll opts . ~::hereas, under the laws of this ~tate,a City or Town cannot be legally obligated to make any expenditures except on the express authorization of, or ratification by, the City Council as a whole, acting as such,at a meeting thereof; S°a Id~y't, Pp~'A 1