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<br />~ <br />, o. '. <br /> <br />. <br /> <br />.. <br /> <br />e- <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />MATURING SERIALLY WITHIN 30 YEARS FROM THEIR DATE OR DATES <br />AND BEARING INTEREST AT A RATE OR RATES NOT TO EXCEED THE <br />MAXIMUM AUTHORIZED BY LAW AT THE TIME OF ISSUE, ALL AS SHALL <br />BE DETERMINED BY SAID CITY COMMISSION, FOR THE PURPOSE OF <br />EXTENDING AND IMPROVING THE CITY'S EXISTING WATERWORKS <br />SYSTEM, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY <br />WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST ON SAID <br />BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND <br />TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? <br /> <br />PROPOSITION NO. 3 <br /> <br />SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, <br />BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE <br />OR MORE SERIES, IN THE AGGREGATE PRINCIPAL AMOUNT OF <br />$2,632,000, MA~URING SERIALLY WITHIN 30 YEARS FROM THEIR <br />DATE OR DATES AND BEARING INTEREST AT A RATE OR RATES NOT <br />TO EXCEED THE MAXIMUM AUTHORIZED BY LAW AT THE TIME OF ISSUE, <br />ALL AS SHALL BE DETERMINED BY SAID CITY COMMISSION, FOR <br />THE PURPOSE OF MAKING PERMANENT PUBLIC IMPROVEMENTS, TO- <br />WIT: CONSTRUCTING IMPROVEMENTS TO THE STREETS IN SAID <br />CITY, INCLUDING NECESSARY DRAINAGE IN CONNECTION THEREWITH, <br />AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY WITHIN <br />SAID CITY SUFFICIENT TO PAY THE INTEREST. ON SAID BONDS AS <br />IT ACCRUES AND TO CREATE AND PROVIDE A SINKING FUND TO PAY <br />THE PRINCIPAL OF. SAID BONDS AS THEY MATURE? <br /> <br />PROPOSITION NO. 4 <br /> <br />SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, <br />BE AUTHORIZED TO ISSUE THE TAX BONDS OF. SAID CITY, IN ONE <br />OR MORE SERIES, I~ THE AGGREGATE PRINCIPAL AMOUNT OF <br />$100,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR <br />DATE OR DATES AND ,BEARING INTEREST AT A RATE OR RATES NOT <br />TO EXCEED THE MAXIMUM AUTHORIZED BY LAW AT THE TIME OF ISSUE, <br />ALL AS SHALL BE. DETERMINED BY SAID CITY COMMISSION, FOR <br />THE PURPOSE OF TH~ CONSTRUCTION OR PURCHASE OF A PUBLIC <br />BUILDING, TO-WIT:' A FIRE STATION, INCLUDING THE PURCHASE <br />OF A SITE THEREFOR, AND TO LEVY AN ANNUAL TAX ON.ALL TAX- <br />ABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE INTEREST <br />ON SAID BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A <br />SINKING FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY <br />MATURE? <br /> <br />PROPOSITION NO. 5 <br /> <br />SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, <br />BE AUTHORIZED TO ISSUE THE TAX BONDS OF SAID CITY, IN ONE <br />OR MORE SERIES OR ISSUES, IN THE AGG~GATE PRINCIPAL AMOUNT <br />OF $150,000, MATURING SERIALLY WITHIN 30 YEARS FROM THEIR <br />DATE OR DATES AND ,BEARING INTEREST A~ A RATE OR RATES NOT <br />TO EXCEED THE MAXIMUM AUTHORIZED BY LAW AT THE TIME OF ISSUE, <br />ALL AS SHALL BE DETERMINED BY SAID CITY COMMISSION, FOR THE <br />PURPOSE OF ACQUIRING OR IMPROVING, OR BOTH, LAND FOR PARK <br />PURPOSES, AND TO LEVY AN ANNUAL TAX ON ALL TAXABLE PROPERTY <br />WITHIN SAIO CITY SUFFICIENT TO PAY THE INTEREST ON SAID <br />BONDS AS IT ACCRUES AND TO CREATE AND PROVIDE A SINKING <br />FUND TO PAY THE PRINCIPAL OF SAID BONDS AS THEY MATURE? <br /> <br />-2- <br />