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<br />- ORDINANCE!ro. ~53
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<br />AI ORD:m~CE PHOVIDIWG FOR THE LEVY, ASSESSMElfJ.' AND CULLECTIOH OF All
<br />AD VALO~ TAX ~R '!'HE YEAR 1936 or AID AT THE RATE or ,1.60 Oll EACH ,100.00
<br />V~.UA1'IOll OF TAXABLE PROPERT! IN THE CITY OF LA PORTE ~R THE PUJCPOSE OF PAYING
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<br />TJ1E: IftEREST OK. ADD A SINKING FUND FOR THE REDmPrION ~r, "CITY or LA PORTE RB-
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<br />nrl'DlfiG BOlDS" AlID .C1'l'Y OF LA PORTE REFUNDING WAJUWlTS, SERIES 1936. AND FOR
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<br />. PAl"IIG COBRE6T DPEBSES OF SAID CITY.
<br />BE 1'l' ORDAINED BI THE CITY COU~CIL OF THE CITY OF LA fORTE, TEXAS.
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<br />Seotion 1. There i8 hereby' levied and Ihall be alse88ed and oolleoted
<br />tor the year '1936, on all the taxable property in the C1ty of La Porte, TeDS, on
<br />tlie first dlq of January of the ,ear 1936, an ..d ftlor8ll1 tax ot, and at the rate
<br />ot,~ ODe, imd:',60^OO.Do~lars (,1.60) on each One Hundred Dollar ('100.00) val_tion
<br />ot ~~u:able properV in laid City, 41 etimated in lawtal ourrenoy of the united
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<br />Sta1~es, for the purpole of NiDI the interest on, aDd. .. e1J1k1ng fund for 'the
<br />red411lptlon ot, O.e Bumlred Forty-Eight Thousand Dollar (,148,000.00) "City ot
<br />.~ l'orte Retuncling Bonds" and Thirteen Thoueand Bight Hundred Elghty-BeT8n and
<br />91/J.00 Dollar (,13,881.91) .City of La Porte Retund1ng Warrants, Seriel 1936"
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<br />and for paying current expenlel ot Baid City, and levied a8 tollon, to-wit.
<br />(a.) . There il hereby' levied a tla ot One Dollar (,1.00) OD eaoh ODe
<br />BUIld,red Dollar (,100.00) "fBluation ot taxable property' in the City of La Porte,
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<br />tor the year ,1936, tor 'the purpose of paying the current interest on, and to pro-
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<br />vide the neoeua17 sinking tund tor, the One Hundred Forty-Eighty Thousand Dollar
<br />(,1f:8,OOO.OO).Cit)" ot La Porte Refunding BOnd8" il8ued in the year 1936. and the
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<br />.ame shall ~e aS8essed and oolleoted and applied to the purpose named.
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<br />(b) There ls hereby levied a tax ot'l'Wnty Cent8 (,.20) on each One
<br />Bundn"ed Dollar (1100.00) w.luatiOD ot taxable property in the C1 ty ot La Porte,
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<br />foX" ~the year 1936, tor the purpose ot paying the ourrent interest OD. and. to I!ro-
<br />Tide the neoesslU7 11nJdng fund tor~ the Thirteen Thousand Bight Hundred Bighty-
<br />SevelL and 91/100'Dol1ar (,13.887.91) .City ot La Porte Refunding War~tl, Series
<br />1936"', and the 881D.e shall be aS8e88ed and oolleoted and applied to the purpose
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<br />(0) There i8 hereby lened a tax ot Thirty Cents (,.80) on each One
<br />Hundred Dollar (,100.00) 'ftluation of tu:able property in the City ot La Porte,
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<br />-, ~p, for t:he year 1936, for the purpose ot paying the w.rloal current expenses of the
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<br />Clt,y 'ot La Porte tor the year 1936, inoluding 8treet and bridge work and repairl,
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<br />,payment ot 8alaries of of1'10e. and all other nec8s8&17 ourrent expense. ot lald
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<br />City.
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