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<br /> <br />-3- <br />vide the necessary sinking fund for, the Twenty Thousand Dollars ($ 20,000.00) <br />"City of La Porte Street Refunding Bonds, Series 1954", and the same shall be <br />assessed and collected and applied to the purpose named. <br />(h) There is hereby levied a tax of Five Cents (5~) on each One Hun-~ <br />r~ <br />~_J <br />dred Dollars ($100.00) valuation of taxable property in the City of La Porte for <br />the year 1957, for the purpose of paying the current interest on, and to pro- <br />vide the necessary sinking fund for, the Sixty Thousand Dollars ($60,000.00) <br />"City of La Porte Sanitary Sewer System Bonds, Series 1955", and the same shall <br />be assessed and collected and applied to the purpose named. <br />(i) There is hereby levied a tax of One and 07/100 Dollars ($1.07) <br />on each Une Hundred Dollars ($100.00) valuation of taxable property in the City <br />of La Porte for the year 1957, for the purpose of paying the various expenses of <br />the City of La .Porte for the year 1957, including street and bridge work anal <br />repairs, payment of salaries of officers and all other necessary expenses of <br />said City. <br />Section 2. The foregoing levies and assessments are based on the <br />• <br />valuation of all taxable property in the City of La Porte on Tanuary 1, 1957, <br />amounting to the sum of Five Million, Seven Hundred Thousand, Eight Hundred and <br />Ninety-Five Dollars ($5,700,895.00). <br />Section 3. This ordinance shall take effect from and after its <br />passage. <br />And it is so ordained. <br />Passed and approved this the ~c day of <br />A, D, 1957. <br />~' ATTEST: _ <br />~ ,~ ~` s <br />( ity Clerk of the <br />,-- <br />ity of La Porte, Texas <br />ayor of the <br />t <br />~~ ~ ~' Z-~."~ ~~ <br />pity of rte, exas <br />f <br />