HomeMy WebLinkAboutO-1939-277
penS8S of said City.
repairs, pa)'.lllent 01' salaries of otfioes and all other neoessary current ex-
the Cit;y- of La Porte for the :year 1939, including street and bridge work and
for the year 1939, for the purpose 01' paying the various ourrent expenses 01'
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(0) There i8 hereby levied a tax of Thirty Cents (SOil) on eaoh One
Rundrec1 Dollar ($100.00) valuation of taxable property in the City ot La Porte,
provide the neoessary sinking fund for, the Eleven Thousand Five Hundred Dollar
($11,50::>.00) "City of La Por.te Se1l8r Funding BondS, Series 1938", and the same
shall ~ assessed and 0011eoted and applied to the purpose named.
for the year 1939, for the purpose of paying the ourrent interest on, and to
I (b) There is hereb~' levied a tax of Twenty Cents (201) on eaoh Cne
Hundred Dolle.r (3100.00) valuation 01' taxable property in the City of La Forte,
and the same shall be assessed and oolleoted and applied to the purpose n81ued.
provide the neoessary sinking fund tor, the One Hundred Forty-Eight Thousa[d
Dollar ($148,000.00) "City of La. Porte Refunding Bonds" issued in the year 1935,
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for the year 1939, for the purpose ot paying the ourrent interest on, and to
(a) There is hereb~' levied a tax of One Dollar (,1.00) on each One
Iiundred Dollar (1100.00) valuation of taxable property in the City of La PC1rto,
ourrent expenses of said City, and levied as follows, to-wit:
the redemption of, One Hundred Forty-Eight Thousand Do11e.r <$148..000..00) "City
at La Porte Refunding Bonds, Seriee 1935", Eleven Thousand Five Hundred Dollar
($11,500.00) "City 01' La Porte Sewer Funding Bonds, Seriee 1938" and for paying
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United. Sta'l;es, for the purpoee of paying the interest on, and a Binking f'un.d forI
valuation of taxable propert,y in said City, estimated in lawfUl currency of' t~~
on the 1st day of January of the year 1939, an ad valorem tax of, and at the
rate of, One and 50/100 Dollars (11.50) on each One Hundred Dollar (8100.00)
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for the year 1939, on all the taxable property in the City of La. Porte, Toxae,
Seotion 1. There is hereby levied and shall be assessed and collected
BE IT ORDADTED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, FLWU1.5::
1930" AW FOR PAYING CURRENT EXPENSES OF SAID CITY.
ORDINANCE NO. 277
AN ORDINANCE PROVIDnlG FOR THE lEVY, ASSESSMENT .Am) COLLECTION OP' AN
AD VALOREM TAX FOR THE YEAR 1939 OF A.l\1O AT THE RATES OF '1.50 ON EACH ,100.0('
VALUATION OF TAXABLE PROPERTY IN THE CrrY OF LA. PORTE FOR THE PURPOSE OF FA,YING
THE INTEREST ON, AND A SINKING FUND FOR THE REDfl1PrION OF, "CUY OF LA POR'I'E
F.EFmIDING BONDS, SERIES 1935" AND "CITY OF LA PORTE SEWER FtllIDING BONDS, SE:R1ES
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Passed am approved this "the
passage anc it is so ordained.
measure and shall be in full foroe and effeot immediatel~p frcm and after its
suspended and this Ordinanoe is passed and shall take etteot as an emergeno;v
eff'ect as_ an emergenoy measure and suoh rules and providonll are according:1y
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several meetings be suspended and that thie Ordinance be passed as,and take
neoessity requiring that the rules providing tor ordinanoes to be read at thre.e
Baid City require thb tax levy tor the year 1939 in order that it may meet Us
obligattons promptly constitutes and creates an emergenoy and an urgent publics
Seotion 3. The fact that the best interest a.nd general welt'a.re o:r
emountir.lg to the sum. of One Million Four Hundred Sixty-Five Thousand Six HUJldz'edl
Dollars (31,466,600.00).
Section 2. The foregoing levies AI1d assessments are based on the VI,l-
uation (lIt all taxable property in the City 01" La Porte, Texas on January 1, UI39
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