HomeMy WebLinkAboutO-1970-868
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ORDINANCE NO. g~S
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 Statutes of 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 Ci~y of La Porte~ and
WHEREAS, on September. 15, ..1970, the Bo,ard",of Directors of
Coll~ge View Municipal Utility District passed an Order author-
izi~g issuance of "Coll~ge View Municipal Utility District
Waterworks and Sewer System Combination Tax and Revenue Bonds,
Series 1970,11, in ,the ~SJgr~gate amount of $6,OO,000~ and
WHEREAS, a certified copy of said bond order dated
September 15, 1970, .has bee'n submitted to the City. of La Porte:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY
COMMISSION .oF THE CITY OF LA PORTE, TEXAS,
THAT: .
Section 1. The City Commission of the City of La Porte
hereby 'approves, the 'terms and conditions under which Coll~ge
View Municipal Utility. District proposes to issue its bonds,
styled "Coll~geView ,Municipal Utility District Waterworks
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and Sewer System Combination Tax and Revenue Bonds, Series
1970, II as set out in said bond order dated September 15, ,1970.,
Section 2. Nothi~g herein contained shall constitute
consent to the sale of any additional remaini~g bonds, or
the issuance ofrefundi~g bonds , ,without the prior consent of
the 'City of La Porte.
Section 3. This Ordinance shall take effect immediately
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Ordinance No.
868
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upon itspass~ge 'and approval.
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PASSED AND. APPROVED" ,this the /# day of Novemb'er, ,
A.D. 1970.
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CITY .OF LA PORTE, TEXAS
BY.~~
Mayor