1940-03-11 Meeting - Laserfiche WebLink

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2 • • Corres- The City Secretary presented letters from Nest Realty Co. on their pondence contemplated building project in La Porte, fro. Geo. R. Norris on trees for the City Ball grounds, and frame Frank G. Baker on the re- ne~I of Fire Hail & Windstorm Insurance on the City Hall. The let- ters were ordered filed. Insurance ~dotion by Agee, second by Boyle, that the matter of the renewal of City Hall insurance on the City Hall and Fire Station b® turned over to the Building Comlaittee, with power to act. Carried. *Motion by Ruff, second by Benson, that the Fire Hail and Windstorm Insuranoe on the City Hall be given to Frank G.. Baker, to vrrite the polia~es. Carried. Tax Zdotion by Agee, second by Ruff, that the Tax Cancellations shown on Cancellations the schedule attached to these minutes, be approved and authorized by the Council and that the City_Tax Collector be instructed to show these aancellations on the Tax Records of the City• Carried. Time Deposit Motion by Agee, seaond by Ruff, that the Time Deposit of the Int. do Sinking Bond Fund, in the amount of ~2,1.~00.00, which matures,Marah 2~th, be sashed and the interest collected and that the amount of X3,000.00, a surplus in the Interest & Sinking Bond Fund above April and Oatober,l9l~0, requirements, be put on Time Deposit in the First ~ National Bank of La Porte to dray interest for .one years the Mayor '. and City Secretary being authorized to execute the necessary i-ar'rants. %~ Carried. Bonds & Int Motion by Agee, seaond by Benson, that the Mayor and City Secretary be April 10 authorized to purchase by Warrant on the Int. do Skg. Bond Fund, N.Y. exchange in the amount of X6,700.00 to retire .City of La Porte Re- funding Bonds, Nos. 1)~.,15,1~ & 17 @ ~1,000~00 each and interest of X2,700.00, due April 10,19, and exchange in the amount of X13.40 from the General Fund to cover the commission of the Manufacturer's Trust Co. of N.Y. for handling these bonds, also that the Mayor and City Sec- retary be authorized to pay at the First National Bank of La Porte, by Warrant drawn on the Int.& 8ckg. Sewer Fdg. Bond Fd., City of La Porte Sewer Funding Bond No. 2, in the amount of ~500~00 and Interest on Sewer Funding Bonds in the amount of X210.00, due April 10,1840. Carried. Audit Motion by Agee, seaond by Ruff, that the City Secretary be instructed to get bids on the audit of the City books and report at the next City Council mesting~ March 25th. Carried. The Mayor reported that he had been handed a check from the Houston Lighting & Power Co. for proportionate net earnings for 1939, in the amount of X361.79 and a refund on Street Lights in the amount of +~ ~50•~, a total sano-~~nt of ~Ia.7.2.39. cont'd on pale 3