HomeMy WebLinkAboutO-1968-800
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ORDINANCE NO.
800
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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
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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:
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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.
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Section 3~ This Ordinance shall take effect
immediately upon its pass~ge and approval.
A.D. '1968.
PASSED AND APPROVED, .this the' '25th day of September, ,
ATTEST:
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Ci ty Clerk - Ac t ing ,
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APPROVED: ~
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C1ty ttorn~y
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Porte, Texas