HomeMy WebLinkAboutO-1937-265
Sec"l.;ion 1. rhero is hereby levied and shall be assessed and col::'ectsd for
th~ year J931, on all the taxable property in the Ci~" of La Porte, T3xao, on tho
first day of Ja.nuary ot the year 1937, lln ad valorem tax of, (.;.r..d at th0 rate of, On.s
and 50/100 Dollars (01.50) on each One Hundred Dollar (QIOO.OO) valua~ion of taxab:~
propcr\;y in said City, esti1fAtod in la:wful ~urt'cnoy of the Un~:ted Stat~s. for the p'n'-
pose of pr.yinr; the interest on, and a sinking fund for the rec.emption of', One F\mdrod
Forty-~ie;hi; T:".ousand Dollar (~148,OOO.00) "City of La Porte Refur.ding Bonda" and '.;}-_::.r-
teen T'-.o11fJimd 5ight Hundred Eie;}1ty-Seven and 91/100 Dollar (~l ~i, 887.91) n Oi ty or. La
Porte Ref'urAil'lr, '..;arrants; Series 1935" and for paying current expenses of said City"
an~ levied as fo11m~s; to-wit:
(a) There is hereby levied a tax of One Dollar (~1. ~O) 0:'1 ef:'cr.. One !-!'UllClrd.
:')ollar (~100.00) value.tion of taxable property in the City of ;"..a Porto, for ~'le yel:t.r
1937, tor tne -;>urpos3 of ps.~ring the current interest on, and tn provide the neces:;.ar~;
sinking fu:'l1 for, thE! On6 Hundrod to'ort.y-Eight Thot1sa.nd Dollar l~t148,000,,00) nCi~. of
La Porte R"J~unriir:.Z Bonds" issued in the year 1935, and the sa1'l'1C shall ba assessed 0.11.1
collected ~nd applied to the purpose named.
(b) There is hereby levied a t~ of T\'ienty cents (2CI-) or. o9-ch One 'TtmdrAd.
DolJ.a.r ($100.00) va1ue.tion of taxable proper'~y in the CiJGY of 1,30 Porte, for the YCI~r
1937, for the ::?urpose of paying the current interest on, and tc;, provide the nOCSSSI!lr~r
sinking turd for, the Thirteen Thousand Eight Hundred Eig1:lty-Sevan and 91/100 Donl~.r
$13,887.91) "City of La Porte Refunding ~a.rrants, Series 1935", and the same shall
be assessed and colleoted and applied to the purpose named.
(c) There is hereby levied a tax of Thirty Cents (3el) on, each Ons Hundred
Dollar ($100.00) valuation of taxable property in the City of 1Ii Porte, for the yes.r
1937, for the purpose of paying the various curren.-(j expenses of the City of. La Porte
for the year 1937, including street and brid~e nork and repairo. p~ent of sa1arios
of offices and ~11 other necessar,y current expenses of sa~~ Ci~'.
BE IT ORDAINED BY TilE CITY COUNCIL OF THE CI'IY OF L.!~ POP.T~, ':EXAS:
S':'l.ID CITY.
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ORDINA:!CE :r!TO. 2. !, .t'
A't-J ORDIN1J~CE PROVIDING FOR 'l'HE L~, i..SSESSlLENT }j:rD COLlEC'fIOl1 OF .f~! 1..1)
e VALORE'.u:: TAX FOR :ORE YEA..~ 1937 OF AND .AT THE JATF.lS OF $1.50 ON' EACH $100.00 VJu.UA~rIOK
OF TAXiU3LI~ PF.OPERTY n~ THE CITY OF LA PORTE FOR TII~ PURPOSE OF PAYING TID1 HTT]:REST
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
"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:?
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Section 2.. The foregoing levies 8...'ld assessments are based or. the valuation
of all taxable property in the City of La Porte. Texas on January 1. 1937. amounting
.to the sum of' $ / J t/ 2,. "3 , ;l 3 7. 0 0
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Section 3. The faot that the best interest and general welf'a~s of said City
require this tax levy for the ye.ar 1937 in order that it may meet it~ obligations
promptly constitu'tes and creatas an emergency and an urgent publio neceos1ty requir'.ng
i:hat ths rulss providing for ordinances to be read at three (3) seve:'~Q.l Meetings be
eu.zpsnded and that this ordimncs be passed as and take eff'ec'c as an emczogency m3&.sure
and such rules and p~ovisions are accordingly suspended and this ordinanoe is passed
ar..d. shall take eff'eo"; as an emergency measure and s[ll;\ll be in i'.lll ftlrcs and effect
im.:..nedie..:;cly from and after its passage and it is so ordainod.
Passed and approved this the ~:) day of
II 1\.. D. 1937.
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