1959-08-12 Special Meeting - Laserfiche WebLink

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+ • PROPOSITION N0. ONE • RTE TEXAS BE AUTHOR- SHALL THE CITY COMMISSION OF THE CITY OF LA PO , , IZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF $45,000, MATUR- ING SERIALLY WITHIN THIRTY (30) YEARS FROM THEIR DATE OR DATES, AND BEARING INTEREST AT A RATE NOT TO EXCEED FIVE (5f) PER CENT PER ANNUM, FOR THE ACQUISITION OF A CAPITAL PROJECT, TO-WIT: CONSTRUCTING AND E QUIPPING A FIRE STATION WITHIN AND FOR SAID CITY, AND TO LEVY TAXES ON ALL TAXABLE PROPERTY Ir~ITHIN SAID CITY SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND TO PROVIDE A SINKING FUND TO PAY THE.PRIN- CIPAL THEREOF AT MATURITY? PROPOSITION N0. TWO SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, BE AUTHOR- IZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF $15,000, MATUR- ING SERIALLY WITHIN THIRTY (30) YEARS FROM THEIR DATE. OR DATES, AND BEARING INTEREST AT A RATE NOT TO EXCEED FIVE {5J} PERCENT PER ANNUM, FOR THE ACQUISITION OF A CAPITAL PROJECT, TO-WIT: CONSTRUCTING IM- PROVEMENTS AND REPAIRS TO THE CITY HALL WITHIN SAID CITY, AND TO LEVY TAXES ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND TO PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THEREOF AT MATURITY? • PROPOSITION N0. THREE SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, BE AUTHOR- IZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF $355,000, MAT- URING SERIALLY WITHIN THIRTY (30} YEARS FROM THEIR DATE OR DATES, AND BEARING INTEREST AT A RATE NOT TO EXCEED FIVE (5f) PER CENT PER ANNUM, FOR THE ACQUISIT ION OF A CAPITAL PROJECT, TO-WIT: CONSTRUCTING AND IMPROVING THE ROADS, BRIDGES AND STREETS OF SAID CITY, AND TO LEVY TAXES ON ALL TAXABLE PROPERTY WITHIN SAID CITY,SUFF~ICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND TO PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THEREOF AT MATURITY? PROPOSITION N0. FOUR SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, BE AUTHOR- IZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF, $60,000, MATUR- ING SERIALLY WITHIN THIRTY (30) YEARS FROM THEIR DATE OR DATES, AND BEARING INTEREST AT A RATE NOT TO EXCEED FIVE (5J) PER CENT PER ANNUM, FOR THE ACQUISITION OF A CAPITAL PROJECT, TO-WIT: PURCHASING AND/OR IMPROVING LANDS FOR PARK PURPOSES, AND TO LEVY TAXES ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND TO PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THERE- OF AT MATURITY? PROPOSITION N0. FIVE SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, BE AUTHOR- IZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF $75,00O,;MATUR- ING SERIALLY WITHIN THIRTY (30) YEARS FROM THEIR DATE OR DATESy AND BEARING INTEREST AT A RATE NOT TO EXCEED FIVE (5/) PER CENT PEA ANNUM, FOR THE ACQUISITION OF A CAPITAL PROJECT, TO-WIT: CONSTRUCTING IM- PROVEMENTS AND EXTENSIONS TO THE CITY'S WATERWORKS SYSTEM, AND TO LEVY TAXES ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND TO PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THEREOF AT MATURITY?