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<br />ORDINANCE NO.
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<br />351
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<br />I: COLLECTION 0,., AN AD VAl,OHEM TAX 'POB. 'I'HI!: YF~R 1947, OF AND I\T 'rug
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<br />AN ORDINANCE PROVIDING '[i'()R 'rHE 1,EVY, ASSESSMENT AND
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<br />il RATES OF $1.50 ON EACH $100.00 VALUATION Olil 'rAXARLE PHOPSHTY IN
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<br />II THE CITY OF LA POHTE .FOR THE PURPOSE OF' PAYING THE Il'r-rEREST ON,
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<br />AND A SINKING FUND FOR, THE REDEMP'rrON OF "CITY OF' LA PORTE "RE-
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<br />! FUNDING BONDS, SERIES 193:5", "c ITY Olil LA POR'l'E SEWEH l'""'lHIDING
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<br />BONDS, SERIES 1938", "CITY OF LA PORTE SEWER REFUNDING BONDS,
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<br />SEF<IES lQ441t AND "CITY OF LA PORTg WATER SYSTEM REFU1\1DING BONDS,
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<br />SERIES 1946," AND l70R PAYING CUHREN'f EXPENSES OF' SAID CITYa /
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<br />BE IT ORDAINED BY 'fHE BOAHD OJ? COMMISSIONERS OF THE CITY,
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<br />OF LA PORTE, TEXAS;
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<br />q.ity of La Porte, Texas, on the 1st day of January of the year
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<br />Section 1. The:re is hereby levied and shall be assessed
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<br />and collected for the year 1947 on all the taxable property in thel
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<br />194V, an ad valorem tax of, and at the rate of, One and 50/100
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<br />Dollars ($1.50) on each One Hundred Dollar ($100.00) valuation of
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<br />taxable property in said City, estimated in lawful currency of
<br />the United States, for the purpose of paying the interest on, and
<br />a sinking fund for the redemption of, One Hundred Forty-Eight
<br />Thousand Dollars ($148,000.00) "City of La Porte Refunding Bonds,
<br />Series, 1935'., Eleven Thousand Five Hundred Dollars ($11,500.00)
<br />"City of La Porte Sewer Funding Bonds, Series 1938", Fifteen
<br />. Thousand Dollars ($15,000.00) "City of La Porte Sewer Refunding
<br />I Bonds, Series 1944", Twenty-two Thousand Dollars ($22,000.00)
<br />"City of La Porte Water System Refuneing Bonds, Series 1946", and
<br />for paying current expenses of said City, and levied as follows,
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<br />to-wit:
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<br />(a) There is hereby levied a tax of Fifteen cents (15t)
<br />on each One Hundred Dollars ($100.00) valuation of taxable pro-
<br />I perty in the City of La Porte for the year 1947, for the purpose
<br />I of paying the current interest on, and to provide the necessary
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<br />I': sinking fund for, the Onp, Hundred ~orty-Eight Thousand Dollars
<br />I ($148,000000) "City of La Porte Refunding BondsR issued in the
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