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~2 i <br />note of the City to b e designated "Tax Anticipation Note for t1~ Year 1953, <br />(Budget Year Beginning July 1, 1952, Ending June 30, 1953)"; such note to <br />be in the principal amount of Five Thousand Dollars (;5,000.00); to bear <br />interest at the rate of 3~ per annum payable at maturity, and to be due and <br />payable on c¢~ before the end of the fiscal year; that said note be sold by <br />the Director of Finance to the said First National Bank of La Porte, Texas, <br />at not less than par value. ~rhen such note has been signed by the Director <br />of F`9.nance and delivered to said Bank vrith a duly authenticated copy of <br />this resolution, the indebtedness thereby evidenced shall be fully binding <br />against the City. <br />PA.SSID this 5th day of August A. D. 1952, by <br />a vote of 3 AYES and 0 NOES. APPZOVED BY the T:Sayor and <br />attested by the City Clerk on said date. <br />Carried. <br />IaTotion by ;~rhite, second by Rigby, to adjust the City Boundary 1i nes to <br />include only the territoz~y arithin the boundaries of the original city limits <br />as shown on map recorded in Volume 8, on Page 16, of the I~tap Records of <br />Harris County, Texas, the territory described in Ordinance No. 375, <br />annexed to the City of La Porte, Texas, on ?:-iay 2~., 19t~9, the territory <br />contained in the Spencer Highway west as far as the municipal airport, <br />and the territory contained in the La Porte ~Sunicipal l~irport; to collect <br />taxes on the relinquished territar~y for the year 1~1 only, tixrithout pen- <br />alites; and to pass the ordinance at the coming regular meeting of the City <br />Comni.ssion. <br />Tiayor Burgin requested that his vote be registered as "No" to this motion. <br />~7hi.te voted "Aye," Rigby "Aye," and Burgin "Ido." <br />lotion Carried. <br />T~dotion by Rigby, second by ~Thi.te, that the meeting adjourn. <br />Carried. <br />AT ST s <br />.,~.G~,~-...J <br />. I:Suldoon, City lark of e i y ~. g, y y <br />of La Porte Texas La ;,Porte Tnexasa or o z o <br />~~ ~ <br />