O-1942-302 - Laserfiche WebLink

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II I /, j e e ORDINANCE NO. .'3try , 'I AN ORDINANCE PROVIDING FOR THE LEVY, ASSESS~IENT AND COL- I LECTIO:N OF Al ADYALORElII TAX FOR THE YEAR 1942, OF AND Jdl THE RATES 10F 1ji1.50 ON F'..ACH $100.00 VALUATION OF TAX .BLE PROPERTY m THE CITY I OF LA PORTE :'OR THE PURPOSE OF PAYING THE INTEREST ON, AND A SIl\1K- 'ING FUND lilOR THE REDEMPTION OF, "CITY OF LA PORTE REFUNDING BONDS, I II SERIES 1935" A~ "CITY OF LA PORTE SEWER FUNDJ:NG BONDS, SERIES 1938' AI~D FOR PATING CURRENT EXPENSES OF SAID CI TY. II B1!: IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF IJA PORT~, /TEXAS: - Section 1. There is hereby levied and shall be assessed and collected for the year 1942, on all the taxable property in the City of La Forte, Texas, on the 1st day of January of the year 1942 an ad valorem tax of, and at the rate of, One and 50/100 Dollars (01.50) on each One Hundred Dollar ($100.00) valuation of taxable I property in said City, estimated in lawful currency of the United Istates, for the purpose of paying the interest on, and a sinking Ifund for tha redemption of, One Hundred Forty-Eight Thousand Dollar ! (~~l48,000.OO) "City or La Porte Refunding Bonds, Series 1935n, ,Eleven Thousand Five Hundred Dollar ($11,500.00) "City of La Porte Sewer Funding Bonds, Series 1938n, and for paying current expenses 'of said City, and levied as follows, to-wit: I L ( a) There is hereby levied a tax of One Dollar ((~l. 00 ) 6 each One Hundred Dollar (~100.00) valuation of taxable property I e' in the City of La Porte, for the year 1942, for the purpose of pay- ling the current interest on, and to provide the necessary sinking ,fund for, che One Hundred Forty-Eight Thousand Dollar (~;148,000.00) I I "City of La. Forte Refunding Bonds" issued in the year 1935, and the I I same shall be assessed and collected and applied to the purpose I named. I (b) There is hereby levied a tax of Ten Cents (~~.10) on I oach One Hundred Dollar (~':100. 00) valuation of taxable property in I the City of La Porte for the year 1942, for the purpose of paying ! the curre~t interest on, and to prOVide the necessary Sinking fund for, the :'::leven Thousand Five Hundred Dollar (1,;11,500.00) "ei ty of La Porte 3ewer Funding Bonds, Series 1938", and the same shall be I !I 1/ II