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~ • <br /> <br />note to be due and payable on or before sixty (60) days from <br />the date thereof, that said note be sold by the City of <br />LaPorte to the First City Bank of LaPorte at LaPorte, Texas, <br />at not less than par value. When such note has been duly <br />executed by the Mayor, City Administrator, and the City <br />Clerk and delivered to said Bank, with a copy of this Resolution, <br />such indebtedness thereby evidenced shall be fully binding <br />upon the City; and <br />BE IT FURTHER RESOLVED that the City of LaPorte hereby <br />appropriates and set aside the sum of THREE HUNDRED FIFTY- <br />TWO THOUSAND .NINE HUNDRED SIXTEEN and 67/100 DOLLARS ($352,916.67) <br />• out of the current revenues from the collection of ad valorem <br />taxes for the payment of such principal and interest indebted- <br />ness. <br />AND IT IS SO ORDERED. <br />APPROVED AND PASSED this the 21 day of June, 1978, <br />by the City Commission. <br />CITY OF LaPORTE <br />-- _ -- -. <br />Mayor of t~ City of `LaPorte, Texas <br />ATTEST: <br />• t .J <br />City Clerk of e <br />City of LaPorte, Texas <br />• <br />-2- <br /> <br />