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HomeMy WebLinkAboutO-1946-330 . l e e -I ,- il I: I I, h 'I Ii ,I ;, AN ORDINANCE AUTHORIZING THE MAYOR OF THE CITY OF LA " ; PORTE AND THE CITY SECRETARY TO EXECUTE AND TO AFFIX THE SEAL OF I THE CITY TO A LEASE BETWEEN THE CITY, AS LESSOR, AND 'ARTHUR J. 'j MANDELL, A. W. WADSWORTH, W. W. MCMILLAN AND HER4AN WRIGHT, AS 'I.' LESSEES, FOR A PERIOD OF TEN YEARS WITH OPTIONS FOR RENEWALS, ON A PORTION OF THE AIRPORT KNOWN AS ELLINGTON AUXILIARY LANDING FIELD NO.2, WITH THE RIGHT TO ALL NECESSARY USE OF ALL LANDING I' STRIPS FOR THE TAKE-OFF AND LANDING OF AIRCRAFT AND DECLARING AN ,\ EMERGENCY. II II " I j. i . - , .....,,- ORDINANCE NO. 330 WHEREAS, Arthur J. Mandell, A. Wo Wadsworth, W. W. :~ il McM illan and Herman Wright, desire to lease a portion of that II I, 'I I, II I. I I certain airport known as Ellington Auxiliary Landing Field No.2, situated about three miles west of the City of LaPorte, Texas, and WHEREAS, the City has agreed with the said Arthur J. Mandell, A. W. Wadsworth, W. W. McM illan, ,and Herman Wright, upon the terms', conditions and agreements of a 1 ease for a period of ten years with options for renewal thereof for two successive five year terms; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE, TEXAS: Section 1. That the Mayor and Secretary of said City be and they are hereby authorized and directed to execute and to I ! affix the seal of the City to the lease contract providing as I ,I II I: a :1 II 'I I! I' I I follows, to-wit:. a o COUNTY OF HARRIS I STATE OF TEXAS ! WHEREAS, the City of LaPorte, Texas, hereinafter called I . I I the "City", has acquired that certain airport known as Ellington l Auxiliary Landing Field No.2, situated about three miles west i , I of the City of LaPorte, Texas, under a license from the War Assets I Administrator, hereafter called the "WAA", da~ed December 20th, I ,1 1946, a copy of said license is hereto attached and made a part hereof, and WHEREAS, Arthur J. Mandell, A. W. Wadsworth. W. W. I ~ " I I M~iillan and Herman Wright, hereafter called Lessees, desire to I 'I II " Ii Ii lease a portion of said airport; ." ' . ..' '.1 . ",. ::. ", :'". ,.; ) .' "'i I II :1 :1 I l . II ' , '. ,I , II il I' I~ II II II II I ! .0" III It , , I: !: '., 1: e e i I I I i lease! -2- NOW, THEREFORE, the City does, by these presents, . and demise unto the said Lessees that portion of said airport ly-: : ,\ '. '. i! ,I \1 'I :1 II ing West of the tower and bounded on the South by Spencer Highway; I on the North by a runway and on the East by the road into said I , I airport; such strip may be used by Lessees for hangars, shops, I ! 'I ' I c1a.. room., living quarter. for r..ident .tud.nt. and 1n.tructor~. II " " r office building, parking space for automobiles and parking or tie-down space for aircraft not stored in hangars. I I This lease isl for a period of ten (10) years from the date hereof and with the I. Ii options for renewal as hereinafter provided, upon the following I terms, agreements and covenants, to-wit: a. This lease is made subject to all of the terms and conditions contained in the said WAA license to said City. b. Lessees shall maintain the airport to conform to the Civil Aeronautics Administration, hereafter called nC. A. A.", specifications and to keep said airport on the C. A. A. approved list. c. Lessees shall have the right to maintain on said field and within the limits above described, a C. A. A. certified training school, and to carryon commercial air activities such as a charter plane service for both cargo and passengers, sightseeing tours, repair and maintenance shops for aircraft, sale of aircraft, storage of aircraft, and the like; and, for carrying on these activities, it is under- I stood and agreed that lessees shall have a right to I all necessary use of all landing strips for the take-off and landing of aircraft. d. Lessees shall immediately construct an all-steel and aluminum hangar or' approved design with welded frame imbedded in concrete floor, sufficient in size to house six planes of the type used in the training school; and, lessees may provide adequate I space and offices, class rooms, shops, and rest II rooms in lean-tos constructed adjacent to the I hangar. Lessees may increase the size of this hangar or erect additional hangars. The cost of such original hangar to be approximately the sum of I Twenty Thousand Dollars ($20,000.00). I I e. Lessees shall construct a water well with storage facilities ,in pressure tank and shall renovate the present structure by addition of asbestos siding on the outside, repair the roof and doors, install the eleotric lights, refinish the interior with suitable. materials in order to make it comfortable aDd i practicable for daily use, replaCing all broken 1; windows. The repairs to such present structure are estimated at approximately the sum of Seventy-Five I Hundred Dollars, ($7,500.00). I 1 I I I I II ., " . . .' of , ' . .... . .0" .' " .. .' . :"..',0, . " . ':". .: . , )' 11 " " " :1 I' 'I i! " " I Ii " :, ~ I !I 'I II I ;( I ~ -I I, I f . I I II .I Ii 'I II ji ;1 .; i i~ , /, ;t il il :1 'I II e e -3- ~. fo Lessees shall have the further right to erect any and all buildings and structures on that portion of i the field herein described, as may be necessary for Ii the conduct of its business so long as said build- ings and structures do not interfere with the safe I operation of the field. I II ' I I The City shall reserve unto itself or assigns, the use i of one-half (l/2) of the present structure, after it has been re- I I paired and improved by Lessees, as hereinabove specified. III No exolusive rights are granted to Lessees to use the said airport and the .City reserves the right to make leases of portions of said airport to other parties. IV No buildings or other struoture shall be 'placed by lessees nearer than 200 feet to any runway. The City shall not oonstruot or plaoe or permit to be oonstructed or placed any bUildings or structures nearer than 200 feet to said runways. The City shall require any other,parties to whom it may grant a lease, to construct hangars and other buildings of suitable de- t sign and to ,conform in appearance to those structures placed by 11 said Lessees. Said air field shall be a Municipal Airfield under . the control and direction of the City_ The City shall make no use of such airfield which would substantially impair the operations of the Lessees. V Lessees may, in the event they form a Corporation, assign this lease to said Corporation,but otherwise this lease shall not be assigned, nor any part of leased premises sublet by Lessees without prior written consent of the City. Should the - -"," Lessees desire, they may sublet a portion of any structure ~. I - erected by them for the purpose of providing space for an engine / maintenance and repair shop. i II . ., " . '. . .' ", ",": '. t. 0-, . ,', :.....", :. ,I :1 !: : I, I; ,I ! j, " I; " , 'I /; I' .I ., " r I' " ,I I! I ii Ii :1 " I: :1 I' ,I 'I I! I, I' ,1 I! I! I; I, II I: ,I II I Ii I I 1 1\ I: ,1 II II :1 Ii 'I J '. II I: Ii ,I I I: " " I. I! I' II : ~ e e -4- VI '. Failure on the part of the Lessees to perform any of the terms, ~greements and conditions imposed by the lease shall, at the option of the City, cancel the lease and all rights of the Lessees shall be thereupon terminated and all buildings and permanent improvements plaoed on said airport shall become the property of the City as liquidated damages provided, however, Lessees shall have sixty days written notice from the City in which to correct any default before cancellationo The failure I of the City to insist in anyone or more instances, upon perform-I ance of any of the terms or conditions of this lease, shall not I I I ! I r I t I I I ten per cent. (10%) less favorable to the Lessees than the prior ; be construed as a waiver or a relinquishment of the future per- formances of any such term or condition. VII Lessees shall have the right to renew this lease for an additional term of five (5) years upon terms not more than , term. Lessees sh~ll have an option to again renew this lease for: ! a second period of five (5) years upon terms not more than ten , , I per cent., (10%) less favorable to the Lessees than the prior term, I notice of their intention to renew not less than sixty (60) days I i I VIII I At the termination of this lease, either by the failUre! of the Lessees to exercise their option, or at the end of twenty Lessees shall exercise such options by giving the City written prior to expiration of this lease or any renewal th~reofo j.... ~ years, it is understood and agreed between the parties that any permanent improvements .ereoted on the field by the Lessees shall be the property of the Lessees. It!8 further agreed that the City will have a first option to purchase said improvements from the Lesseeso For the purpose of arriving at the value of such improvements for sale purposes, the Lessees and the City shall each select an arbiter, and such two arbiters shall select a 'I' ". .' " .:.": ..... .:. .. ;, " i I I ..,.. I , II ,0 ;; :1 I! I 1\ ~I I; :1 II r I' I' :t I " 'I 'I ..- ~ 1__'- . , , o. j , , . .....k~. " \. e e ''-...- -5- ~ third', and such three arbiters shall agree upon a purchase and If the City does not exercise I I its option to purchase said improvements, the Lessees shall have I I ! penses incident to the conduct of such arbitration shall be borne: ! I I . I sale price for said improvements. the right to sell said improvements to other parties. Any ex- equally by the Lessees and the citY.i. In testimony whereof, the City of LaPorte has caused these presents to be executed in duplicate originals, by its Mayor and attested by its Secretary and witness our hands on this I lease this, the loth day of February, A. D. 1947. I CITY OF LA PORTE, TEXAS BY \: Mayor ~ ATrEST :. Lessor I Secretary of the City of La 0 Porte, Texas. I I \; t I Lessees I Section 2. That if any section or part of a section, or one or more sections of this Ordinance be declared invalid, i I such shall not affect the validity of the remaining parts hereof. Section 3. That an emergency exists constituting an imperative public necessity that the rule requiring Ordinances to be read at three several meetings be suspended and this Ordinancel take effect and be in force from and after its pass~ge and ap- proval, and it is so ordained. Passed and approved this, the loth day of February, Ao I .1 ~. D. 1947. ~ I' .1 I~ ,I I' j ~I ATT,EST : ~ e, ". , ,1- ~. _'" -"... _....__i-JI" ....-~ ...... -.. ~. . .-~ . ." . '. . ~": ",', :'", . ',,;' . , . e e; .J...... .... 'i Interest & Sinking Band Fund i R:equirer,nents: ~;, Oc tober, ,1944 ,I' April,' 1945 April , 1945 October, 1945 $15,594.05 >"" $2300.00 4000.00 2875.00 2775.00 I i ~. I ., .', ., Total Surplus Also War Bonds ll,950.00 $3,644.05 1 ,480'.00 "0 .\ 1943 apportionment $1.00 - 66 2/3% Proposed 1944 apportionment $.80 - 53 l/3% , ~ This reduction will reduce the apportionment for 1944 approximately ~~2, 000 .00. I Interest & Sinking Hequirements: .October, 1944 'April , 1945 April , 1945 Oc tober, 1945 Sewer Funding Bond Fund Noo 1 $1,701.23 $160.00 160.00 500.00 150.00 $73l.23 1480.00 l, ,.;, f . ~ \ :f \ I I Total Surplus Also War Bonds 970.00 1943 appDrtiomment 10ft' - 6 2/3% Proposed 1944 apportionment ,5ft' 3 l/3% Interest & Sinking Requirements: Oc tober, 1944 April , 1945 April , 1945 October, 1945 Sewer Refunding Bond Fund No. 2 $287.26 $220.00 1000.00 220.00 200.00 'I Total Short 1640.00 - . $1352.74 1943 apportionment 15ft' - lO% 'Proposed 1944 apportionment 20ft' - l3 1/3% .. ! General Fund: .... I t " . { t r , I { \ ~ l 1943 apportionment 25ft' - 16 2/3% P~oposed 1944 apportionment 45ft' - 30% 1944 current tax collections estimated $15,000.00 This increase in apportionment will add approximately $2000.00, making a total to be put in this fund of approximately $4500.00. \, , ./'" :~ .~"~ - " \ \.--- --- ... " ., I \,' , ' , '!' .~\ . "\'" '1\ . \ , l ! f. . I .\, 1 ... ~ ,1'1 .' 1'" ,f. e e " THE STATE OF TEXAS ) COUlITY OF HARRIS ) CITY OF LA PORTE ) \ \ I I, Mrs. Harold H. Sharp, City Secretary of the City of La Porte, Texas, do hereby certify that the above and foregoing is a true and correct copy of an ordinance p~ssed by the City Council of the City of La Porte on the f~day of December, A. D. 1946. Given under my hand and seal of the City of LB;.Porte, 'this the ?,.,d- day of December, A. D., 1946. .' ~,~;6!~- Ci ty Secr~~tary, City of La P f'te, Texas .:'" 4 e e I)WICE OF COMPl'ROLLER 0 OF THE STATE OF TEXAS 0 " ..... ; I, 080. H. Sheppard, Comptroller of' Publ1c Accounts ot the State ~ 1 . .~ . of' Texas, do hereby certify tbat Nos. 1/22 tar $1,000.00 eaoh, aggresatlng ~~22,000.00, CU,. ot ,La Parte \Vater System Warrants, dated October 10, 1945, nUb lnterest ooupon No.3. maturlng Aprl1 10. 1941 and all subsequent coupons I!LttaOhed, exoept DODe on No.1, were by me duly oanoelled this November 6, 1946 and. THEREUPON 01ty ot Ia Parte Water System Rotunding Bonds, dated Clotober 10, 1946, Nos. l/~ far $1,000.00 eaoh, D88l"epting $22,000.00, lI'8r8 registered in lieu ot s81d cancelled lnde'btodneo8 thls November 6. 1946 i,n Bond Register Vol. SO, page ~, WIder Registration No. 2,3695. I FURTHER ORRTlrY that,I s1gned the Comptroller's Registration Certificate on the baok of' eaoh 01 said retunding bonds and Impt'essec1 the seal of' the ottioe ot the Comptroller or Publio Acoounts on the back of' each of' 8aid bonds. IN vtITN&9S WHEREOF I heJeunto set IDf hand and seal of' ottioe at .Austin, TeXas, thls November 6, 19~. Geo. H. SheDDBrd (s) Comptroller ot Publio A~oounts ot the State of Texas. " ( SEAL) STATE OF TJCtAS 0 '_I COllN'l'l OF HARRIS 0 ! , I " ", A true oopy. I her.by oert;1t:v. . , I I " . ~ '" . l" J . '." 7fu;tL ~~~/ (Be1;laa Drees) Notary Publio in aDd -. for Harris County, TeXBs. '. .. " .. ..~ " .' ...::'z " " ' . .' " . \ "., . . ," '. . . . I ," . . ,. . .' " I.:.>>:: .;: '. ~.' ','-;'. (- " '. '.: ". .... I . t WHEREAS, the City ot LaPorte, Texas, hereinafter called the "Cityn, has acquired that certain airport known as Ellingt()n Auxiliary Landing Field No.2, situated about three miles west of the City of LaPorte, Texas, under a license from the War As~se't Administrator, hereafter called the "WAA", dated December 20thJ, 1946, a copy of said license is hereto attached and made a pari; hereo.f, and WHEREAS, Arthur J. :Mandell, A. W.. Wadsworth, w. w. McMillan and Herman Wright, hereafte1" called L,ssees, desire tCt lease a portion of said airport; , STATE OF, TEXAS I - " I COUNTY OF HARRIS I NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL O:~ THE CITY OF LA PORTE, TEXAS: . Section 1. ' ,That the, Mayor and Secretary of said Cit', . , be and they are hereby authorized and directed' to, execute and 'to affix the seal of theOity to the lease contr~tproviding as follows, to-wit: ten years with options for renewal thereot torr: t.o succe.8s1 ve five year terms; ~ Mandell, A. W. Wadsworth, W. W. McMillan, and !e:ruuln Wright. upon the terms, conditions and agreements of a leaS. tor a period of WHEREAS, the Oity ha~ agreed with the sa1dArthu:rJ. McMillan and Hennan Wright, desire to lease a\por't:len, of that . . . . certain airport mown as Ellington AUX11i,ary:+and1ng Field No.2, ai tua ted about three mil es west of the Ct;ty of LaPorte, Texas, and WHEREAS, Arthur J. Mandell, A. W. WAdsworth, w. w. ORDINANCE NO. . ;'0 . I . . "II AN ORDINANCE, AUTHORIZING. TliE.. MAYOR.,~F: ~E CITY OF IJ~ . PORTE AND THE. CITYSEQRETARY TO EXECUTE AND TO AFFIX THE S~ OF THE CITY TO A LEASE BF:I'WEEN THE :CITY, AS LES~R,:" :AND ARl'HUR J.. MANDELL, A.. W.ViADSWOl'lTH, 'I. ..MOMILLAN ..ND '~l('WRIGRT, Afl LESS.S, FOR A,PJ$IOI> 0" T1i:1f YEARS WITH OPTIO*S' FOR RENEWALS, ON A poRTION OF 'TBl!: ::AIftPbRT' lNOWN AS ELLINGTON AUXILIARY LANDING FIELD NO.2, WITH THE RIGHT TO ALL NECESSARY 'p.:SE!OF ALL.LANpnrG STRIPS FOR THE TAKE-OFF AND LANDING OF AIRC,JiA . ,';'A1J1Ul:'DJVLARING AN EMERGENCY. .. ',': <>'}" :"., .. . " .e ~"--...... . \.,_./ ~:\ ~} ,.-- "", ~ /"----. '.\ '-,-~ .~ a. This lease is made subject to all of the terms al:ld conditions contained in the saidWAA license to said City. b. Lessees shall maintain the airport to conform to the Civil Ae~onautlcs Administration, hereafter called "e. A. A.", specifications and to keep said airport on the C. A. A. approved list. c. Lessees shall have the right to maintain on said field and within the limits above described, a e. A. A. certified training school, and to carryon commercial air activities such as a charte~ plant~ service for both ca~go and passengers, sightseeil~ tours, repair and maintenance Shops for aircraft; sale of aircraft, storage of aircraft, and the l'J.ke and, for carrying on these activities, it is undElr.. stood and agreed that lessees sh.ll have a right to all necessary use of all landing strips for the take-off and landing of aircraft. d. Lessees shall immediately construct an all-steel and aluminum hangar or approved design with welded frame imbedded in concrete floor, sufficient in size to house six planes of the type used in the training school; and, lessees may provide adequate space and offices, class rooms, Shops, and rest rooms in lean-tos constructed adjacent to the hangar. Lessees may increase the size of this hangar or erect additional hangars. The cost of such original hangar to be approximately the sum of.' Twenty Thousand Dollars ($20,000.00). Lessees shall cons truct a water well with storage I facilities in pressure tank and Shall renovate the ~ present structure by addition of asbestos siding on 'the outside, repair the roof and doors, install the- electric lights, refinish the interior with suitabl materials in order to make it comfortable aDd ' practicable for daily use, repla~ing all broken windows. The repairs to such present structure are estimated at approximatelY the sum of Seventy-Five Hundred Dollars, ($7,500.00). I, e. /"" 'Ill ei I / ~...........~.. /0 e.: , ...... '--. / l I I I . I, iI jJ ! NOW, TH~REFORE, the City does, by these presents, lease and demise unto the said Lessees that portion :of said airport ly- ing West of the tower and bounded on the South by Spencer Highway on the North by a runway and on the East by the road into said airport; such strip may be used by Lessees fo~ hangars, shops, class rooms, living quarters for resident students and instructorT, office building, parking space for automobiles and parking or tie-down space for aircraft not stored in hangars. This lease 18 for a period of ten (10) years from the date hereof and with the options for renewal as hereinafter prOVided, upon the followi~g terms, agreements and covenants, to-wit: e/: -2- /r-. - "- e; ',------./' ., . e ~ I. maintenance and repair shop. Lessees may, in the event they form a Corporation, assign this lease to said Corporation, but othe~wise this lease shall not be assigned, nor any part of leased premises sublet by Lessees without prior written consent of the C~ty. ' Should the Lessees desire, they may sublet a portion of any structure erected by them for the purpose of providing space tor an engine v No buildings or other structure shal~. be placed by lessees nearer than 200 feet to any runway. The City shall not construct or place or permit to be constructed :.or placed any bUildings or structures nearer than 200 teet to said runways. The City shall require any other pal'ties t,o whdin it may grant a lease, to construct hangars and other build1ng$ of' suitable de- sign and to ,conform in appearance to those structures placed by said Lessees. Said air field shall be a Municipal Airfield under the control and direction of the City. The City shall make no use of such airfield which would substantial~y :impair the operations of the Lessees. IV portions of said airport to other parties. No exclusive rights are granted to Lessees to use the said airport and the City reserves the right t~ make leases ot III The City shall reserve unto itself 01' assigns, the use of one-half (1/2) of the present structure, atter it has been re- paired and improved by Lessees, as hereinabove 'specified. II .. ;~; : I Lessees shall have the further rtght',to erect any and all buildings and structures ,.on that portion of the field herein described, as may be necessary for the conduct of its business so ldng as said build- ings and structures do not interfere with the safe operation of the field. t. -3- . . . e " /' - -. .\.' \ j -.// /- ", . e ~ , I ,----/' ---........ /' " fI' '... "'-' ~) ',--~_.// . ! 1. each select an arbiter, and such two:arbiters shall select a City w111 have a firet option to purohase ssid1mprovements from /: I. improvements for sale purposes, the Lessees and the City shall For the purpose of arriving at tQe value of such the Lessees. years, it is understood and agreed between the parties that any permanent improvements erected on the field by ,the Lessees shall be the property of the Lessees. It #s further agreed that the At the termination of this lease, either by the failu:re of the Lessees to exercise their option, or at the end of twent', Lessees shall have the right to renew this lease for an additional term of five (5) years upon terms not more than . . ten per cent. (lO%) less favorable to, the Lesse-.s than the prio]~ term. Lessees shall have an option to again renew this lease for a second period of five (5) years upon terms not more than ten per cent. (lO%) less favorable to the Lessees than the prior tej:om Lessees shall exercise such options by giving the Oity written notice of their intention to renew not less than sixty (60) day;s prior to expiration of this lease or any renew~ thereof. ~.. .1.- VIII VIi: the terms, agreements and conditions imposed by ,the lease shall, at the option of the C1 ty, cancel the le$,S8 and'i;a11::ri:ghts of the Lessees shall be thereupon terminated and all bUildings and permanent improvements placed on said airport shall become the property of the City as liquidated damages pr,ov1ded, however, Lessees shall have sixty days wr1ttennotioe from the City in which to correct any default before cancellation. The failure of the Oi ty to insist in anyone or more instances, upon perforlll- ance of any of the terms or conditions of this~ease,shall no,t be construed as a waiver or a relinquishment of'the future per- formances of any such terM or cond1 tion. Failure on the part of the, ~,essees to :tp$r.rorm any of r . .!" VI ",1-" .1': .-4- .. c r .' ~ - "1;-"'. --- ---...--,--,- --,'.',' ~ 'F~":~ /-...\ ,e ,~ "--/. /'-_.~ ._', , ...........----... .41' "'--- ~ -- / ,"\ . / ..... ..-/ .---, / ,'" , ., , W '. ...,.!' ,'": '" _, " !f: II ~ ~.." ATTEST: ~~~~ Secretary 0 the' City 0 LaPorte, Texas. Passed and approved this, the lOth day of February, lL.. ,..-' "--..:~-~ a-'l' )~ M~~~~h:11i'i 0 -':~ /"'e,~) Texas. D. 1947. or one or more sections of this Ordinance be d'clared tnvalid, I . such &hall not affect the validity of the remafning parts hereof.. Section 3. That an emergency exists , constituting an imperative public necessity that the rule requlring Ordinances to be read at three several meetings be su~pended and this Ordinarlce take etfect and be in force from and after its'passage and ap- proval, and it is so ordained. Section 2. That if any section or part of a section, Lessees- Secretary of the City of La Porte, Texas. -. Kayo%' Lessor ATrEST: Mayor and attested by its Secretary and witness, our hands on thj.s lease this, the loth day of February, A. D. 1947. CITY OF LA PORTE, TEXAS BY . )C;. ; third', and such three arbiters shall agree upon ,9. purchase and sale price for said improvements. If the C'1;;ty dJpes not exercise . , . .. T its option to purchase said improvements, the Lessees shall have , . . the right to sell said improvements to other' pa~t'ies;. . An,. e2:-. penses incident to the conduct of such arbitration shall be borne equally by the Lessees and the Cit1.._~. In testimony whereof, the City of LaPorte has caused these presents to be executed in dupllcateorlg1nals, by its - 5.;", , ; .. Ii . ",e . ./ -'~-.._.~.... .it /-------. e' . . ,'} ~: ,--- --........ / ' . a, \ .,;1 "'---- ./ Iii . . oJ ...... Interest 8= Sinking Bond Fund Hequirer;1ents: October, 1944 Li.pril , . 1945 [~pril ,1945 October, 1945 Ol5,594.05 ~)~300 . 00 4000.00 2875.00 2775.00 Total Surplus Also \Jar Bonds 11,950.00 ~)3 J 644.05 1 J 4801. 00 1.943 apportionmerlt ~~1.00 - 6~ 2/3/~ ;Proposed 1944 ap};:ortionment ~.80 - 53 1/3% 'I'his reduction will reduce the apportionment for 1944 approximately f.:i2, 000.00. Interes t C?C Sinkin.g Requirements: October, 1944 ~t.pril , J.945 April , 1945 October, 1945 Sewer Funding Bond Fund No. 1 ~~160 .00 160.00 500.00 150.00 (pI, 701.23 Total 970.00 Surplus Also l.Jar Bonds (;731.23 J.480.00 1943 appDrtiommen~ lO~ - 6 2/3~ P:;:-oposed 1944 apportionment 5!i - 3 1/3~ Interest t~ ,3inking RE~quirerr.ents : October, 1944 April , 1945 April , 1945 October, 1945 Sewer Refunding Bond Fund No. 2 ~220.00 1000.00 220.00 200.00 ~~287 .26 .-... Total l640.00 Shor t .)l352.74 19143 apportionment 15!i' - 10%, Proposed 1944 apportionment 20~ - l3 1/3% creneral Fund: 1943 apportionment 25t - 16 2/3% ?roposed 1944 appo~tionment 45~ - 30% 19.!l:4 current tax collections estimated ~)15,000.00 Th:ls increase in apportionment will add approximately (~2000.00, !"18.kine; a total to he put in this fund of approximately 04500.00. ----- ---.--.---- .--.-----.- ..-. ~" ............ "........... '- .... ..... ---- - --- - 1,---- " '\ ,j., " \ tII \ \. 'Jt)I . -- THE STATE or TEXAS ) COUNTY OF HARRIS ) CITY OF LA PORTE ) I, Mrs. Harold H. Sharp, City Secretary of thp. C~'_ t] of La Porte, Texa!ll, do barF-by certify that the above and foregoing 1s a true end correct copy of an ordinance passed by the City Council of the City of La Porte on the f~-day of December, A. D. 1946. Given under my hand and !Jeal or the City of La; Porte, this the ?~. day of December, A. D., 1946. , / ,~..// /;z,~, ~/* .~~~~;h-- ~ City Secretary, City of La P6~tp., Texas ,,:'1"" .r !i' :,.,. .-.' ~.. "'11!t;!'IJ ...r!!!!Ji~I!~~~-r:~':::"'~:'. ~ .,.,.:.~~: i. .~~U~. ;:;t=:' , \ /' .". , OIT1CB OF COMP.l'ROLLER 0 OF THE STATE OF TBXAS 0 I, Qeo. H. Shep,par<l, Cclnptrol1er ot .Pu.bl1o Aooounta ot the state . ot Texa., do hereby o",ity that Nos. 1/22 tar $1.000.00 each, egsregatins $22,000.00, C:lt1 ot La Porte ''''ter System Warrants, de.teet October 10, 1945, with 1n'Mre.t oouJOn No.3. mnturlD,G April 10, 1941 and all subsequent ooupona atiaoUd. except noM on No.1, were by me c2uly cancelled this NovemHr 6, 1946 and, ~,'l:mHJl"Ui'ON 01ty ot I.a Porte Water System Refunding Bonda, dated Ootober 10, 1946, Nos. 1/~ tor $1,000.00 each, egrept1218 $22,000.00, .ere registered in lieu. ot said caneelle4 indebtedness this Nare:.lber 6. 1946 111 BoDd Register Tol. .so. pep 6Ut UDder Re8istration No. 23695. I 1URl'HRR OJml1'II'Y that ,I sisned the Comptroller',. Res1stration Oertifioate on the baok ot eaoh 01 _1d retunding bonds and imJll'essed the seal of the ottioe ot the CCllaWtroller ot Publio Acoounts on tho baok ot eooh of said bonds. IN VlITNESS WHEREOF I hereunto set DJ hand and seal of ottiae at Autin, TeD8. this liovember 6, 1946. Geo. II. She17D81'd (8) Comptroller of Publio Aocounts ~ the State at Texas. (SEAL) STATE OF TEXAS 0 COUNTY OF HARRIS 0 A 'r. coW- I hereby certify. ~;/~~~AJ/ A (Beritra Dress) l~otary Publio in and ., tor Herris County. Texa.lI. I ,;/ / , , . . '4' ...... ( " . . ~ .~.. . ,,-. ,,' ;;~ ___c ~--_............. /' " " .'