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<br />Sec"l.;ion 1. rhero is hereby levied and shall be assessed and col::'ectsd for <br />th~ year J931, on all the taxable property in the Ci~" of La Porte, T3xao, on tho <br />first day of Ja.nuary ot the year 1937, lln ad valorem tax of, (.;.r..d at th0 rate of, On.s <br />and 50/100 Dollars (01.50) on each One Hundred Dollar (QIOO.OO) valua~ion of taxab:~ <br />propcr\;y in said City, esti1fAtod in la:wful ~urt'cnoy of the Un~:ted Stat~s. for the p'n'- <br />pose of pr.yinr; the interest on, and a sinking fund for the rec.emption of', One F\mdrod <br />Forty-~ie;hi; T:".ousand Dollar (~148,OOO.00) "City of La Porte Refur.ding Bonda" and '.;}-_::.r- <br />teen T'-.o11fJimd 5ight Hundred Eie;}1ty-Seven and 91/100 Dollar (~l ~i, 887.91) n Oi ty or. La <br />Porte Ref'urAil'lr, '..;arrants; Series 1935" and for paying current expenses of said City" <br />an~ levied as fo11m~s; to-wit: <br />(a) There is hereby levied a tax of One Dollar (~1. ~O) 0:'1 ef:'cr.. One !-!'UllClrd. <br />:')ollar (~100.00) value.tion of taxable property in the City of ;"..a Porto, for ~'le yel:t.r <br />1937, tor tne -;>urpos3 of ps.~ring the current interest on, and tn provide the neces:;.ar~; <br />sinking fu:'l1 for, thE! On6 Hundrod to'ort.y-Eight Thot1sa.nd Dollar l~t148,000,,00) nCi~. of <br />La Porte R"J~unriir:.Z Bonds" issued in the year 1935, and the sa1'l'1C shall ba assessed 0.11.1 <br />collected ~nd applied to the purpose named. <br />(b) There is hereby levied a t~ of T\'ienty cents (2CI-) or. o9-ch One 'TtmdrAd. <br />DolJ.a.r ($100.00) va1ue.tion of taxable proper'~y in the CiJGY of 1,30 Porte, for the YCI~r <br />1937, for the ::?urpose of paying the current interest on, and tc;, provide the nOCSSSI!lr~r <br />sinking turd for, the Thirteen Thousand Eight Hundred Eig1:lty-Sevan and 91/100 Donl~.r <br />$13,887.91) "City of La Porte Refunding ~a.rrants, Series 1935", and the same shall <br />be assessed and colleoted and applied to the purpose named. <br />(c) There is hereby levied a tax of Thirty Cents (3el) on, each Ons Hundred <br />Dollar ($100.00) valuation of taxable property in the City of 1Ii Porte, for the yes.r <br />1937, for the purpose of paying the various curren.-(j expenses of the City of. La Porte <br />for the year 1937, including street and brid~e nork and repairo. p~ent of sa1arios <br />of offices and ~11 other necessar,y current expenses of sa~~ Ci~'. <br /> <br />BE IT ORDAINED BY TilE CITY COUNCIL OF THE CI'IY OF L.!~ POP.T~, ':EXAS: <br /> <br />S':'l.ID CITY. <br /> <br />e <br /> <br />- <br /> <br />e <br /> <br />ORDINA:!CE :r!TO. 2. !, .t' <br />A't-J ORDIN1J~CE PROVIDING FOR 'l'HE L~, i..SSESSlLENT }j:rD COLlEC'fIOl1 OF .f~! 1..1) <br />e VALORE'.u:: TAX FOR :ORE YEA..~ 1937 OF AND .AT THE JATF.lS OF $1.50 ON' EACH $100.00 VJu.UA~rIOK <br />OF TAXiU3LI~ PF.OPERTY n~ THE CITY OF LA PORTE FOR TII~ PURPOSE OF PAYING TID1 HTT]:REST <br />ON, l\.l1lD L an::XHIG :.<-mID FOR THE R~DF:.rPTIQ}T OF, "CITY OF LA PORTE REF{n~IlTG BO!!DS" .fP'1n <br />"CITY OF L\ PORT~ RFFU:1DING ':l.'\.RR.A1~TS, SERIES 1935!t l.JI!D FOR ?.AYI'!IlG CUlmF}!T EXPE:'TSE~S C:? <br /> <br />e <br /> <br />- <br />