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1959-09-18 Regular Meeting
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1959-09-18 Regular Meeting
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11/2/2016 12:06:39 PM
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City Meetings
Meeting Body
City Council
Meeting Doc Type
Minutes
Date
9/18/1959
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~, <br />The Ms4Yor introduced an ordinance which was read in full. Commissioner Boyle <br />moved that it be adopted as read, The motioh for adoption was seconded by <br />Commissioner Brown and carried by the following vote: AYFS: ~tayar Pfeiffer <br />Commissio~sLawler, Broom, Osburn and Boyle. NOES: None. The ordinance <br />thus adopted follows: <br />ORDINANCE N0. 576 <br />AN ORDINANCE AUTHORIZING THE ISSUAI~E OF $600013 PARR BONDS, SERIES <br />1959; PRESC~RIBIlJG THE TERM AND OONDITIONS THEREOF; LEVY'Il~ TAXFS <br />IN PAYMF~TT THEREOF; AWARDING THE SALE THEREOF; AND CONTAINING OTHE{~ <br />PROVISIONS RELATING TO THE SUBJECT. <br />Carried. <br />Motion by Boyle, second by Browny that the check to Mcaroney, Beissner & <br />Co. in the amount of X1,700.00, in payment to said Company for its fiscal <br />services rendered in connection ~oith the follc~ring described bonds: <br />~bOs000 Park Bonds, Series 1959 <br />be forwarded to the American National Bank, Austin, Texas, to be held in <br />escrow by that Bank until such time that the abertre-des cribed. bonds are <br />paid fors at which time said check shall be delivered by the Bank to <br />said Mmroney~ Beissner & C o.; and that a certified cop~r of this minute <br />entry shall be furnished to said Bank and shall const#~tute authority for <br />the Bank to deliver said check as aforesaid. <br />C arrieal. <br />Notion by Brown, second by Lawler, that the eheck to Meroney, Beissner & <br />Co. in the amount of X9,100.00, 3n payment to said Company for its fiscal <br />services rendered in connection with the following described bonds: <br />X490, 000 Permanent Impr rnrement General <br />Obligation Bonds, Series 1959 <br />be forwarded to the American National Banks Austin, Texas, to be held in <br />escrow fiy that bank until such time that the above-described bonds are paid <br />for, at which tune said check shall be delivered by the Bank to said <br />Moroney, Beissner & Co.; and that a certified copy of this minute entry <br />shall be furnished) to said Bank and shall constitute authority for the <br />Bank to deliver sand check as aforesaid. <br />Carried. <br />b4atian by Boyle, second by Lawler, that the meeting adjourn. <br />ar ed. <br />P. P ei fery M of tha <br />City of ha Po e, exas <br />AT~~ST ~ ~ / <br />~~t,~' <br />. a er, y er o Ci y <br />of La Porte,Texas <br />~~/ <br />
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