1952-12-11 Special Meeting - Laserfiche WebLink

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76 • PROPOSITION N0. T4~0 SHALL THE CITY CO~d~"CSSTON OF' THE CITY OF LA P~,TE, TEXl~S BE AUTHORIZED TO ISSUE THE BONDS OF' SAID CITY IN TIC AMOUNT OF $12,000.00 MATURING SERIALLY ?NITHIN THIRTY (30) YEARS FROM THEIR DACE OR DATES AND BEARING INTEREST AT A RATE NOT TO EXCEL FOUR (~) PER CENT PFR ANNUM, xUR THE AC~UI- SITION OF A CAPITAL PROJECT, TO ?TIT: CCINSTRUGTING A CITY HALL ?~?ITHIN SAID CIfiY ANDTO LEVY TAXES ON ALL TAXABLE PROP- EEtTY 4'JITHIIV SAID CITY SUFg'ICIENT TO PAY THL~ ANNUAL I'td`ITaR~ T ON SASD BOPIDS AND PROVIDE A SINKLNG FUND TO PAY THE PRIN- CIPAL THEREOF AT MATURITY; and WHEREAS, there were cast at said electi on 365 votes, of which number there were cast: PR®POSI'TION N0. ONE FOR THE ISSUANCE OF X200, 000 S_~ ~ ET IMPROVEMENT BONDS 228 VOTES AGAINST THE ISSU~L~tCE OF 200000 STRUT IMPROVE~i~+ T BONDS 128 VOTES AAJORITY Fit THE ISSU ^~`TCE OF X200, 000 STREET Ir~'ROVELiENT BONDS PROPOSITION N0. T~10 100 VOTE=S FUR THE ISSU_NCE OF x$12,000 CIfY HALL BONDS 231 VOTES AGAINST TTY, ISSUANCE OF X12,000 CITY HALL BONDS 121 VOTES MAJORITY FAR THE ISSIIA~CE OF .~~12, 000 CITY HALL BONDS 113 VOTES 5 ~' ;. f ~. as shaven in the official election returns heretofore submitted to this City Corrunission and filed with the City Clerk; Therefore BE IT ORDArJED by the City Corcmiission of the City of La Porte, Texas: Section l: That said election was duly called end notice thereof given in accordance with lativ; that said election was held in the manner required by law; that due returns of said election have been made by the proper officers; that said election has resulted favor- ably tcs the issuance of the bonds described in each of said prop- ositions and that a majority of the qualified voters voting at said election have voted in favor of the issuance of the bonds described in each of said propositions.