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<br />• <br />the rirst IvTational Bank of La Porte, Texas at not less than par value; that the <br />IvIa;~TCr and City Clerk be, and they are hereby ~~athari_zed to execute a C hattel <br />I~,~ortgage and any and all other instruments necessary try fix valid liens in favor <br />of said Bank on said Chevrolet truck znd garb~~ge body. ',(hen such note, togeth•~r <br />ti°;ith aL. ot:~er necessary ~.nstrum~~nts, h~~ve 'oeer~ duly executed by the ?':4ayor a~`zd <br />City Clerk and delivered to said Wank, .^sith a copy of this resolution, such <br />indebtedness triereby evi derced and the liens securing the payment of scene, shall <br />be fully binding upon the City; and <br />BE IT FL~'TI';;~, i~L'SOLV~D that the City of La Porte hereby appropriates <br />and sets aside the sum of 1"if_ty-I~iine Hundred T:~ronty and 90/100 Do1.lars (~}~,~~20.9G) <br />opt of the current revenues frorr~ the collection of ad va1_orem tars, for the <br />payment of such indebtedness. <br />AIT, TT ZS 50~~'D~ED. <br />C arried. <br /> <br />Ivlotion by Rigby second by r feiffer, that t he meeting adjourn. <br />Carried. <br />AST ~S ^1 <br />J.E. ?+,Ruldoon, City Clerk of the City of <br />La POrte, TEXaS <br />,/ h <br />/ .~~~ . ~ <br />_ D. urgi n, T•:!!ayo l t:~re City •of <br />La Porte, Tex=as <br />237 <br /> <br />