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<br />~ l' ,;~ <br /> <br />e <br /> <br />~eSolution No. 2-62 <br />Page 2 of 2 <br /> <br />r-" <br /> <br />e,; <br /> <br />Mayor and City Clerk and delivered to said bank, with a copy of this <br /> <br />resolution, such indebtedness thereby evidenced shall be fully binding <br /> <br />upon the City; and <br /> <br />BE IT FURTHER RESOLVED that the City further secure the <br /> <br />payment of said note by a Chattel Mortgage on that one certain Diesel <br />.... <br /> <br />Tractor described as follows: <br /> <br />One (1) certain 1961 International Diesel Tractor, B257, <br />with that certain Peco 60L Cutter attached to said <br />tractor, together with all other equipment as described <br />in the Chattel Mortgage of even date herewith, <br /> <br />~-- and that the Mayor and City Clerk be and they are hereby authorized and <br />-- directed to execute on beha If of the City of La Porte, a Chattel Mortgage <br /> covering such Diesel Tractor, on the form and containing the provisions, <br /> <br />agreements, conditions and convenances required by said Bank. <br /> <br />BE IT FURTHER RESOLVED that the City of La Porte hereby <br /> <br />appropriates and sets aside the sum of One Thousand Six Hundred One and <br /> <br />13/100 Dollars ($1,601.13) out of the current revenues from the collection <br /> <br />of ad valorem taxes for the payment of such indebtedness. <br /> <br />AND IT IS SO ORDERED. <br /> <br />APPROVED and passed this the <br /> <br />6th <br /> <br />day of <br /> <br />JUb" <br /> <br />1962, by the City Commission. <br /> <br />~ <br />- '. <br /> <br />, . <br />~..".... <br /> <br /> <br />"' .~.. <br /> <br />A;}~/ ~~ <br /> <br />City Clerk of the City of La Porte, Texas <br /> <br />/---......, <br /> <br />e <br />