HomeMy WebLinkAboutO-1947-346
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ORDINANCE NO. 346
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AN ORDINANCE REPEALING ORDINANCE NO. 340, PASSED JULY
1ST, 1947, APPROPRIATING 2% OF THE WATER AND SEWER CONNECTIONS
FOR THE PURPOSE OF PAYING THE INTEREST ON, AND A SINKING FUND
FOR, THE REDEMP~ION 01'-' "CITY OF LA PORTE WATER SYSTDA REFUNDING
BONDS SERIES 1946", AND DECLARING AN EMERGENCY.
WHEREAS, on July 1, 1947, the Board of Commissioners of
the City of" La Porte, Texas, passed Ordinance No. 340 appropriating
2~; of all water and sewer revenues collected during the fiscal year
ending June 30, 1948, for the purpose of paying the current inter-
eflt on, and to provide the necessary sinking fund for, the $22,000.00
City of La Porue Water ..System Refunding Bonds, Series 1946, and
WIIEREAS, the Board of Commissioners have decided to levy
an ad valorem tax sufficient to provide the necessary interest and
s1,nking fund for said Bonds,
NOW, THEHEFORE, BE IT ORDAINED BY THE BOARD OF COMMISSION-
ERS OF THE CITY OF LA PORTE, TEXAS, that said Ordinance No. 340 is
hE,reby expressly repealed and rescinded.
An emergency e~ists constituting an imperative public ne-
ce:ss1ty that the rule requiring ordinances to be read at three
sElveral meetings be suspended and this Ordinance take effect and
be! in force from and after its passage and approval, and it is do
ordained.
tJf!/~
Passed and approved this the ~ / If day of
A. D. 1947.
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ORDINANCE NO. 346
.::,
AN ORDINANCE REP}i;ALING ORDINANCE NO. 340, PASSE'D JULY
1ST, 1947, APPROPRIATING 2% OF THE V1ATE'R AND SEWER CONl\l}~CTIONS
FOR THE PURPOSE OF PAYING THE INTEREST ON, AND A SINKING FUND
FOR" THE REDi~MPT.ION OF "CITY OF LA PORTE WATER SYST]}'~ REFUNDING
BONDS SERIES 1946", AND DECLARING AN EMERGENCY.
WHE3EAS, on July 1, 1947, the Board of Commissioners of
the City o~La Porte, Texas, passed Ordinance No. 340 appropriating
2% of all water and sewer revenues collected during the fiscal year
ending June 30, 1948, for the purpose of paying the current inter-
est on, and to provide the necessary sinking fund for, the $22,000.00
City of La Porte Water ,System Refunding Bonds, Series 1946, and
VlHEREAS, the Board of Commissioners have decided to levy
an ad valorem tax sufficient to provide the necessary interest and
sinking fund for said Bonds,
NOW, THEHEFORE.. BE IT ORDAINED BY THE BOARD O~ COMMISSION-
ERS OF THE CITY OF LA PORTE.. TEXAS.. that said Ordinance No. 340 is
hereby expressly repealed and rescinded.
An emergency e~ists constituting an imperative public ne-
cessity that the rule requiring ordinances to be read at three
several meetings be suspended and this Ordinance take effect and
be in force from and after its passage and approval, and it is do
ordained.
the)./ff day of tJ!f~
Passed and approved this
A. Do 1947.
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