O-1946-324 - Laserfiche WebLink

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e . I , I , I ' " i ORDINANCE NO. ~'" ---',. ,;,....-- e.,' AN ORDINANCE PROVIDING FOR THE LEVY, ASSESSli!li:NT AND COL- i! LECTION OF AN AD VALORBi TAX FOR THE YEAR 1946, OF AND AT THE RATES 'I :1 OF ~1.50 ON EACH ~100.00 VALUATION OF TAXABLE PROPERTY IN THE CITY " OF LA PORTE FOR TEE PURPOSE OF PAYING THE INTEREST ON, AKD A SINK- ING FU:ND FOR, THE RED~~PTION OF "CITY OF LA PORTE REFUKDDm BONDS, SERIES 1935", "CITY OF LA PORTE SEtplER FUNDING BONDS, S~ilIgS 1938" AND "CITY OF LA PqRTE SEWER REFUNDING BONDS, SERIES 1944" AND FOR PAYING CURRENT EXPENSES OF SAID CITY. BE IT ORDAINED BY THE CITY COUNCIL OF TH~ CITY OF LA PORT~, ---- ..... e "..~ ~--"', e' e TEXAS: Section 1. There is hereby levied and shall be assessed and collected for the year 1946 on all the taxable property in the I ;!City of La Porte, Texas on the 1st day of January of the year 1946, :, II - 'ian ad valorem tax of, and at the rate of, One and 50/100 Dollars H :1 (~1.50) on each One Hundred Dollar ($100.00) valuation of taxable: I' I :1 property in se,id City, estimated in lawful currency of the United [,States, fOD the purpose of paying the interest on, and a sinking II II fund f~r the r'edem.ptio~ of, One Hundred Forty-Eight Thousand Dol- I !Ilars (t;148,OOO.00) "City of La Porte Refunding Bonda, Series 1935",; :1 Eleven Thousand Five Hundred Dollar (till, 500.00) "City of La Porte. I' 'I :i Sewer Funding Bonds, Series 1938", Fifteen Thousand Dollar !' :~ (tl15,000.00) " City of La Porte Sewer Refunding Bonds, Series 1944"" I , and for paying current expenses of- said City, and levied as follows:, " to-wit: I, 'i :1 (a) There is hereby levied a tax of TwentY-ffive cents :' (25~) on each One Hundred Dollar ($100.00) valuation of taxable " I property in tl'.:e City of La Porte for the yea!" 1946, fo!" the pu!"pose: of paying the current interest on, and to provide the necessary sirik- , ing fund for, the One Hundred fforty-Eight Thousand Dollar (':148,000.00) "City of La Porte Refunding Bonds" issued in the year, I 1935, and the same shall be assessed and collected and applied to i 'the purpose named. I (b) There is hereby levied a tax of Five Cents (5~) on ;i "