O-1968-800 - Laserfiche WebLink

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. . ORDINANCE NO. 800 .' AN ORDINANCE PROVIDING THAT COLLEGE VIEW MUNICIPAL UTILITY DISTRICT HAS COMPLIED WITH THE PROVISIONS OF CITY OF LA PORTE ORDINANCE NO. 768 AND THAT THE CITY OF LA PORTE APPROVES THE TERMS AND CONDITIONS UNDER WHICH COLLEGE VIEW MUNICIPAL UTILITY DISTRICT PROPOSES TO ISSUE ITS BONDS; AND PROVIDING AN EFFECTIVE DATE HEREOF. WHEREAS, Art. 8280-381, ,Revised Civil S,tatutesof Texas, which act created Coll~ge View Municipal Utility District, provides in Sec. 13 that the district shall conform to and comply with all the requirements of Ordinance No. 768 of the .". City of La Porte; and WHEREAS, Sec. l(a) of said Ordinance No. 768 requires that when the district issues bonds they be issued under terms and conditions approved in writi~g by,the City of La Porte; and WHEREAS, on September 13, 1968, the Board of Directors of College View Municipal Utility District passed an Order authorizi~g issuance of i'Coll~ge View Municipal Utility District Waterworks and Sewer System Combination Tax and Revenue Bonds, Series 1968" in the aggregate amount of $1,150,000; and WHEREAS, a certified copy of said bond order dated September 13, 1968, has been submitted to the City of La Porte: NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CI~Y ,OF LA PORTE, TEXAS, THAT: e".., Section 1. The City Commission of the City of La Porte hereby approves the terms and conditions under which Co11~ge View Municipal Utility District proposes to issue its bonds, styled "College View Municipal Utility District Waterworks and Sewer System Combination Tax and Revenue Bonds, Series 1968," as set out in said bond order dated September 13, 1968. , Se'c'tion 2. Nothing herein contained shall constitute consent to the sale of any additional remaini~g bonds, or the issuance of refunding bonds, without the prior consent of the City of La Porte. ..