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HomeMy WebLinkAboutO-1949-373 .......------....." ~' / ,.......- --.... " f!. . ..--- "'. e I .~ ~ . .. . :1 . . A 'J ") Jlo. 373 ORDINANCE CANVASSING RETURNS AND DECLARING RESULTS OF BOND ELECTION THE STATE OF TEXAS J . . COUNTY OF HARRIS I The City Commission of the City of La Porte, Texas, met in special session at the regular meeting place within said city on the 18th nay of April, 1949, with the following members present,' to-wit: H. J. Pfeiffer James S. Crate, Jr. \..rilliam P. Jones J. E. Muldoon Mayor Commissioner Commissioner City Clerk when the following business was transacted: The Mayor introduced an ordinance which was read in full. Commissioner Crate made a motion that the ordinance be adopted as read. The motion was seconded by Commissioner Jones and carried by the following vote: AYES: Mayor Pfeiffer, Commissioners Crate and Jones. NOES: None. The ordinance thus adopted follows: ORDINANCE CANVASSING RETURNS AND DECLARING RESULTS OF THE BOND ELECTION HELD IN THE CITY OF LA PORTE, TEXAS, ON APRIL 16, 1949 WHEREAS, there was held in the City of La Porte~ Texas, on th 16th day of April, 1949~ an election at which was submitted to the duly qualified resident electors of said city who own taxable prop erty within said city and who had duly rendered the same for tax- ation the following propositions, to-wit: PROPOSITION NO. ONE SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE, TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF $75,000, MATURING SERIALLY WITHIN TllENTY (20) YEARS FROM THEIR DATE OR DATES, AND BEARING INTEREST AT A RATE NOT TO. EXCEED FOUR (4%) PER CENT PER ANNUM, FOR . THE ACQUISITION OF A CAPITAL PROJECT, TO-WIT: CONSTRUCTING AND IMPROVING THE ROADS, BRIDGES AND STREETS OF SAID CITY AND TO LEVY TAXES ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIEDlT TO PAY THE ANNUAL INTEREST ON SAID BOJlJDS AND TO PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THEREOF AT MATURITY. --, ," /"---......., .~ -:---...... e -........ " - / "- _./ . . . PROPOSITION NO. TWO SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE# TEXAS, BE AUTHORIZED TO ISSUE THE BONDS OF SAID CITY IN THE AMOUNT OF $25,000, MATURING SERIALLY WITHIN TWENTY (20). YEARS FROM THEIR DATE OR DATES 1 AND BEARING INTEREST AT A RATE NOT TO EXCEED FOUR (4%) PER CENT PER ANNUM, FOR THE AC'lUISITION OF A CAPITAL PROJECT ~ TO-WIT: CONSTRUC- 'tING A GARBAGE DISPOSAL INCINERATOR AND TO LEVY TAXES ON ALL TAXABLE PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE ANNUAL INTEREST ON SAID BONDS AND PROVIDE A SINKING FUND TO PAY THE PRINCIPAL THEREOF AT MATURITY; 1 and tiHEREAS, there were cast at said election 175 votes, of which number there were cast: PROPOSITION NO. ONE FOR THE ISSUANCE OF $ 75,000 STREET IMPROVEMENT BONDS AGAINST THE ISSUANCE OF $75,000 STREET IMPROVE- MENT BONDS MAJORITY FOR THE ISSUANCE OF $75,000 STREET IMPROVEMENT BONDS 133 votes 40 votes 93 votes PROPOSIT;rON NO. TWO FOR THE ISSUANCE OF $25,000 GARBAGE INCINERATOR BONDS 134 votes AGAINST THE ISSUANCE OF $251000 GARBAGE INCINER- ATOR BONDS 38 votes MAJORITY FOR THE ISSUANCE OF $25,000 GARBAGE'IN- ClNERATOR BONDS 96 votes as shown in the official election returns heretofore submitted to this City Commission and filed with the City Clerk; Therefore BE IT ORDAINED by the City Commission of the City of La Porte, Texas: Section 1: That said election was duly called and notice thereof I I, given in accordance w'ith law; that said election was held in the manner required by law; that due returns of said election have been made by the proper officers; that said election has resulted favor- ably to the issuance of the bonds described in each of said prop- ositions and that a majority of the qualified voters voting at said election have voted in favor of the issuance of the bonds described in each of said propositions. . . . . .,r---- . '- ", Section 2: That the City Commission is now authorized to issue all of said bonds and to do any and all things necessary and con- venient in connection therewith. This o~dinance shall be effective immediately upon its adoptio . PASSED and APPROVED this 18th day of April, 1949. ../-~-.. ~~~~orte, Texas :- (SEAL) !, " ,....- --, I 4t; , ~, e