04-18-1949 Special Meeting (2) - Laserfiche WebLink

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271 ~ ~ MINUTES - SPECIAL MEETIBG I+A PORTE CITY COMl~ISSICSt -APRIL 18, 1~9 11 s 00 A. ]d. Special mset~ of the City Commission was called to order by Mayor H. J. Pfeiffer with the fello~ring arembers and city offieiaL present: Co~nissiaters Jas. $.rate, Jr., and lsa. P. Janes, Supt. of Fhblic 'Ik~rks Raleigh Erwin, City Attorney Jno. S. giibler, and City Clerk J. E. Muldoon. Miautes of the last meetinss were read and approved. T!w Mayor iatroduoed an Ordirianoe, which was read is full. Coam~issiaueer Crate cads a motion that the ordinance be adopted as read. The matioa was seeam~dei by Caaui.asiaoser Jaa:os and carried by the tollewiag sots: AYSSs Moor Pfeiffer, Ca~iasioner8 Crate and Jones. ROES: Aenze. The ordiaanee thus adopted follower ~-~ CRDIYASiCE CANVa,SSING RETURNS AAD DSCLARIYG RESULTS OF TEE BOAD ELECT IOA 18i,D Ilf THE CITY OF I.A P4tTE, TEIAS, OA AP1tIL 16, lyt~9 11HEREA,S, there was held in the City of Lt Porte, Tezas, on the 16th day of April, 191i.9, sa election at which was submitted to the duly gnalified resiteat electors of said. city who owm taxable property within said city aad who had du]y rendered the same for tazatian the following propositivads, to-wits PBOPCSITICA N0. OAS SHALL THE CITY CO10lISSIOA OF TSE CITY OF LA PORTE, TS~CAS, BE AUTHORIZED TO ISSUE THE BOAD3 OF SAID CITY IA T~ A1ROUi1T OF #75,000, MATURIIfG SER- IAII,Y 1PITHIN TWEIiTY(~O} YEARS FRCS[ THEIR DATE OR DATE, /lliD BEASIAG IN- TEBFST AT A RATE AbT TO SXCE'8D FOB (~) PE'St CEAT PER ANAQId, FC@ THE ACQUI- SITIOII OF A CAPITAL lROJSCT, TO-li!T: COITSTEUCTIBG AAD D~PRCNI)TG THB RAADS, BRIDGES AAD STREETS OF SAID CITY AAD TO LErY TA7BS CH ALL TA%AELS PROPERTY WITH1]~ SAID C1TY SVFFICIBN7.' TO PAY TH8 Ax]tUAL I1~PEREST OA 5/114 GOADS AAD TO PROVIDE A BINIIIls1 FUITD TO PAY TSE PRINCIPAL THEREOF AT l[AT- URITZ. ! PxoPOSrrzog Ao. Two SHALL THE CITY CCiDi~ISSI~T OF THE CITY OF LEA P~RTE, TBSAS, BE A,UTHC~IZED TO ISSUE THS BCSiD~~ OF SAID' CA7 ZdT TE ANOUpT OF X25,000, YATURDfG SER- IALLY ~TI=HDi TWEBTY.($O) YEARS FEOSd THEIR DATE CSZ DATBS, A~ aE~81xG IN- TEREST AT A RATE NOT TO E7CCE$D FOQR (l~9L) PER CE6TT PER AIiDUM, F'Cfft THS AC- QUISITION OF A CAP]TAL PROJECT, TOalITs CCSTSTRUCTIlEF A GARBAGE DISPOSAL IiiCI2iFdtA?fB AAD TO Lb7T TAxES t7B ALL TAZAELE PROPERTY NITHIN SAID CITY SUFFICISEE TO PAY THE AAAUAL INTEREST OA SAID ROADS AAD PROVIDE A SINICIA(i FUND TO PAY THE PRINCIPAL THEREOF AT YATU8ITY; and 1l~REAS, there were oast at said eleotiaa 175 totes, of which nurber there were oast: