HomeMy WebLinkAboutO-1952-437
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ORDINANCE CALLING BOND EU:CTION
THE STATE OF TEXAS ~
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COUNTY OF HARRIS I
The City Commission of the City of La porte, Texas, met in
;re,uJ~^- session at the regular meeting place within said City
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on the :l D day of " " t/. , 1952, with the following members
present, to-wit:
M. D.. Burgin
Robert A. White
L. R. Rigby
J.E. Muldoon
Mayor
Commissioner
Commissioner
City Clerk
when the following business was transacted:
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The Mayor introduced an ordinance calling a bond election.
The ordinance was l"ead in full and Commissioner 11 j bt
moved that it be adopted. The motion was seconded by Commissioner
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and carried by the following vote: AYES: Mayor
Burgin, Commissioners White and Rigby. NOES: None. The ordinance
thus adopted follows:
BE IT ORDAINED by the City Commission of the City of La Porte,
Texas:
Section 1: That an election shall be held in and throughout the
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Gity of La porte, Texas, on the 9 -day of .o.e- , 1952,
at which election the following propositions shall be submitted
to the duly qualified resident electors of said City who own
tax'able property within said City and who have duly rendered the
flame for taxation, for their action thereupon:
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 $200,000, MATURING SERIALLY WITHIN THIRTY (30)
YEA:.~S FROM THEIR DATE OR DATES AND BEARING INTEREST
AT A RATE NOT TO EXCEED FOUR (45$) PER CENT PEl{ 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 TAX.ABLE
PROPERTY WITHIN SAID CITY SUFFICIENT TO PAY THE ANNUAL
INTEREST ON SAID BONDS AND TO PROVIDE A SINKING FUND
TO PAY THE PRINCIPAL THEREOF AT MATtfrlITY.
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PROPOSITION NO. TWO
SHALL THE CITY COMMISSION OF THE CITY OF LA PORTE,
TEXAS, BE AUTHORIZED TO IS~UE THE BONDS OF SAID CITY
IN THE AMOUNT OF. $ ~~ D ~ . , MATURING sERIALLY
\alITHIN THIRTY (30). S FROM THEIR DATB OR DATES. AND
BEARING INTEREST AT A RATE NOT TO. EXCEED FOUR (4%) PER
CENT ' PER ANNUM, FOR THE ACQUISITION OF A CAPITAL PRO-
JECT, TO-ltIIT: CONSTRUCTING A CITY HALL WITHIN SAID
CITY AND TO LEVY TAXES ON ALL TAXABLE.PROPERTY \>J'ITHIN
SAID CITY SUFFICIENT TO PAY. THE ANNUAL, INTEREST ON .
SAID BONDS AND. PROVIDE A SINKING FOND TO PAY THE PRIN-
cIpAL THEREOF AT MATURITY.
Section 2:
The City Commission finds that the probable period
of usefulness of the street improvements is approximately thirty
(30) years and the probable period of usefulness of the City Hall
is approximately thirty (30) years.
Section 3:
That said election shall be held at the City Hall
Building, in the City of La Porte, Texas, and the entire City shall
constitute one election precinct. The following named persons are
hereby appointed officers of said election.
~fl s,' If ~ .f1If.L, -f o~ , Presiding Judge
;Y!B t1?f"~ H ItR.?t. I'~ olV ,Assistant Judge
4.,1'1.\. L 0/5, C't> d1 pf tJV ,Clerk
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~ s. ~L A IJtI~ ,Dc I o;vp yo , Clerk
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Section 4: That said election shall be held in accordance with
the provisions of the Constitution and the laws of the State of
e TE~xas and the City Charter and only duly qualified resident electors
of the City of La Porte, Texas, who own taxable property within
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said City and who have duly rendered the same for taxation, shall
be qualified to vote.
Se~tion 5: That the ballots of said election shall conform to the
requirements of Chapter 6 of the Election Code of the State of Texas,l
Ch€lpter 492, Acts of the 52nd Legislature of Texas, 1951, so far as
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a.pplicable, and, in addition to the requirements of said Chapter 6
shall have printed thereon the following:
OFFICIAL BALLOT
PROPOSITION NO. ONE
FOR THE ISSUANCE OF $2QO,000 STREET I~~ROVEMENT BONDS
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AGAINST THE ISSUANCE OF $200,000 STREET IMPROVEMENT BONDS
PROPOSITION NO. TWO
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FOR THE ISSUANCE OF ~ I~ ~~ CITY HALL BONDS
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AGAINST TIm ISSUANCE OF $ /;} (Jo}:.... CITY HALL BONDS
ach voter shall mark out one of the foregoing ex~essions on
each proposition, thus leaving the. other as indicating his vote
on such proposition.
Section 6: That notice of said election shall be given by posting
a substantial copy of this ordinance at the City Hall and one other
.~ public place within said City not less than fourteen (14) days
prior to the date on which said election is to be held, and by
publication of said notice on the same day in each of two succes-
jsive weeks in a ne~spaper of general circulation published within
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Ilsaid City, the first of said publications to be made not later than
fourteen (14) days prior to the date set for said election.
I PASSED and APPROVED this -:1.()~ day of ;9/dJe/. , 1952.
I y?1J.d~. .
i Mayor, City of ~P~rte, Texas
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AFFIDAVIT OF POSTING ELECTION NOTICES
THE STA.TE OF TEXAS
COUNTY OF HARRIS
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r igned authority" on this day personally
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who,.be1ng by me d~Y sworn, upon oath deposes and says that on
the~~ day Of~W" 1952" he posted a true and correct
copy of the attached and foregoing notice of bond election at two
public places within the City of La porte" Texas, to-wit:
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1. At the door of the City Hall;
2. At fO.$"-I- 0 F'~a&
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I place mt:)re
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I election.
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That each of said notices was posted in a conspicuous public
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than fourteen (14) days prior to the date fixed for said
SWORN TO and subscribed bef e me this ;? () lQ day of /J ttyl'-
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1952.
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