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R-1965-43-A
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R-1965-43-A
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Last modified
11/2/2016 3:48:29 PM
Creation date
7/26/2006 10:10:28 AM
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Legislative Records
Legislative Type
Resolution
Legislative No.
R-1965-43-A
Date
11/1/1965
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<br />. <br />. I <br />r '- <br />;.1' <br /> <br />. <br /> <br />e <br /> <br />TAX ANTICIPATION NOTE <br /> <br />e <br /> <br />FOR THE YEAR 1965 - 1966 <br /> <br />FISCAL YEAR BEGINNING <br /> <br />JULY 1. 1965. ENDING JUNE 30. 1966 <br /> <br />I <br />: 1'/"; <br /> <br />$5.500.00 <br /> <br />DATE: y>/N-V' /,,, / ?~...s- <br /> <br />The City of La Porte, Texas acting by and through its duly <br /> <br />authorized officers, for value received, promises to pay to the order <br /> <br />of the La Porte State Bank at La Porte, Texas, the sum of FIFTY-FIVE <br /> <br />HUNDRED DOLLARS ($5,500.00), with interest at the rate of three per <br /> <br />cent (3%) per annum, on or before the 30th day of June, 1966. <br /> <br />e <br /> <br />All past due principal and interest shall bear interest <br /> <br />at the rate of six per cent (6%) per annum. <br /> <br />It is hereby specially agreed that if this note is placed <br /> <br />in the hands of an attorney for collection, or if collected by suit or <br /> <br />through the Probate or Bankruptcy Court, we agree to pay ten per cent (10%) <br /> <br />additional on the principal and interest then due hereon, as attorney's <br /> <br />fees. <br /> <br />In addition to the appropriation from current tax revenues, <br /> <br />this note is further secured by a Chattel Mortgage of even date herewith <br /> <br />on certain equipment as described therein. <br /> <br />e <br /> <br />A copy of the Resolution authorizing the borrowing of the <br /> <br />sum of FIFTY-FIVE HUNDRED DOLLARS, ($5,500.00) and the issuance of <br /> <br />this note is hereto attached. <br /> <br />CITY OF LA PORTE, TEXAS <br /> <br /> <br />ATTEST: <br /> <br />~ Q.A" .~?' - )..~..h" ~ ttJ ' <br />City Clerk of th City of La Po e, Texas <br /> <br />e <br />
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