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R-1969-08
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R-1969-08
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Last modified
11/2/2016 3:48:30 PM
Creation date
7/26/2006 9:08:36 AM
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Legislative Records
Legislative Type
Resolution
Legislative No.
R-1969-08
Date
9/8/1969
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<br />..~ <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />. <br /> <br />e <br /> <br />TAX ANTICIPATION NOTE <br />FOR THE YEAR 1969 - 1970 <br />FISCAL YEAR BEGINNING <br /> <br />JULY 1, 1969, ENDING JUNE 30, 1970 <br /> <br />$24.500.00 <br /> <br />September 12. 1969 <br /> <br />The City of La Porte, Texas, acting by and through its <br />duly authorized officers" for value received, promises to pay to <br />the order of ~he La Porte State Bank at La Porte, Texas, the <br />sum. of T'ITentY,i' FOU1~ Thousand Five Hundred and no/lOO Dollars <br />($24,500.00), with interest at the rate of four and one/half per cent <br />(4-1/2%) per annum, on or before the 30th day of June, 1970. <br />All ,past' due principal 'and interest shall 'bear in- <br />terest at the ',:'rate of six per cent (6%) per annum. <br />It is he~eby specially agreed that if this note is <br />placed in the i.hands o'f an attorney for collection, or if collect- <br />ed by suit or through Probate or Bankruptcy Court, we agree to <br />pay ten per c~t (10%) additional on the principal and interest <br />then due hereop, as attorney's fees. <br /> <br />, <br />A copy of the Resolution authorizing the borrowing <br />of the sum of Twenty Four Thousand Five Hundred and no/IOO <br />($24,500.00) Dollars and the issuance of this note is hereto <br />attached. <br /> <br />";1 <br />.., <br />r <br /> <br />CITY OF LA PORTE, TEXAS <br />BY <br /> <br /> <br />of <br /> <br />:!! <br /> <br /> <br />./ <br /> <br />of La Porte, <br /> <br />j' <br />oj" <br />;~ <br />. !~ <br />-ij" <br />;f: <br />:iil: , <br /> <br />t <br /> <br />iii. . <br />\! <br />
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