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"' <br />i • <br />SE IT FUR TI-~R RESOLVED that the City of La Porte hereby appro- <br />priates and sets aside the ~ sum of TUrelve Thousand Five Hundred Fif ty <br />Dollars 012,550.00) out of the current revenues from the collection of <br />a d valorem taxes for the payment of such indebtedness. <br />AND IT IS SO ORDERED. <br />APPROVED and passed this the 16th day of December, 1960, by the <br />City Commission. <br />' (S) H. P. Pfeiffer, r4ayor of the <br />City of La Porte, Texas <br />~ Carried. <br />w <br />TAX . ?.NTICIPATION NOTE <br />~--~ FOR T'tIE YLAR 1960-1961 <br />0 FISCrS~ YEAR BEGINNING <br />JULY 1, 1960, ERODING JUI~ 30, 1961 <br />e <br />W La Porte, Texas, Dec. 22,1960 <br />U7 <br />Q x$12, 300.00 ' <br />W <br />Q. <br />~ The City of La Porte, Texas, acting by and through its duly <br />authorized officers, for value received, promises to pay to the order of <br />~ th'e~ La Porte State Bahk at La Porte, Texas, the sum of Ttrelve Thousand <br />~ Three Hundred•Dollars (~12,3U0.00), with interest attire rate of four <br />~ percent (4%) per annum, on or before the 28th day of Juxie, 1961. <br />m All past due principal and interest shall bear interest at the <br />rate of six percent (6~) per annum. <br />It is hereby specially agreed that if this note is placed in the <br />hands of an attorney for collection, or if collected by suit or through <br />the Probate or Bankruptcy Cour t, we agree to pay ten percent (10~) <br />additional on the principal and interest then due hereon, as a.ttorney~s <br />fees. <br />In addition to the appropriation from current tax rEVenues, this <br />note is further secared by a Chattel T~7ortgage of even date herewith on <br />that one certain 1960 Intea~n.ational Fire Truck, bearing Identification <br />No. VC 0-196-FA-6609 5 ~ .together tirith all e quipment attached to and <br />located thereon, <br />A copy of the Resolution authorizing the borrozring of the sum <br />of Twelve Thousand Three Hundred Dollars (w12,300.00) and the issuance <br />of t'zis note is hereto attached. <br />O CITY OF LA POF~TE, '1'F,~XAS <br />I3Y (S) H. P. Pfeiffer <br />IKayor of the City of La Porte, <br />,,, Texas <br />ATTEST <br />a <br />(S) Frahk G. Baker, City Clerk of the <br />City of La Porte, Texas <br /> <br />