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<br />384
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<br />ORDINANCE AWARDING SALE OF BONDS
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<br />THE STATE OF TEXAS
<br />COUNTY OF HARRIS
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<br />The City Commission of the City of La Porte, Texas, met in
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<br />RelZular
<br />9 -/ .(~ ,
<br />9th day of
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<br />session at the City Hall within said city on the
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<br />~i.," .;
<br />Au/kust
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<br />, 1949, with the following members pre-
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<br />sent" to-wit:
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<br />e:
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<br />H. J. Pfeiffer
<br />James S. Crate, Jr.
<br />WiR. P. Jvl1es
<br />J. E. Muldoon
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<br />Mayor
<br />Commissioner
<br />Commissioner
<br />City Clerk
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<br />when the following business was transacted:
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<br />The Mayor introduced an ordinance which was read in full.
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<br />Commissioner
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<br />adopted, as read.
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<br />Crate made a motion that the ordinance be
<br />Mayor
<br />The motion was seconded by CQmmise4GReF
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<br />Pfeiffer
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<br />and carried by the following vote: AYES: Mayor
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<br />Pfeiffer, Commissioners Crate and JORCS. NOES: None. The or-
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<br />dinance thus adopted follows:
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<br />AN ORDINANCE AWARDING SALE OF $50,000 INSTALLMENT OF
<br />A $100,000 ISSUE' OF WATERWORKS AND SE~mR SYSTEM REVE-
<br />NUE BONDS.
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<br />BE IT ORDAINED by the City Commission of the City of La
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<br />Porte, Texas:
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<br />'That the proposal of Ernest L. Brown, Jr., Houston, Texas,
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<br />to purchase at a price of par and accrued interest, the follow-
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<br />ing described bonds, to-wit:
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<br />$50,000 City of La Porte Waterworks and Sewer System
<br />Revenue Bonds, dated March 15, 1949, bearing interest
<br />at the rate of 4% per annum, maturing as provided in
<br />the ordinance,authorizing the issuance of said bonds
<br />adopted by the City Commission of the City of La Porte,
<br />Texas, on June 28, 1949, being numbered, I, 3, 5, 7,
<br />9, II, 13, 15, 17, 19, 22,~, 28, 31, 34, 37, 40, 43,
<br />46, 49, 50, 53, 5.4, 5-7, 58, --6.1, 62, 6~, 66, '69, 70, 73,
<br />14, 77, 76, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 9.1,
<br />92, 93, 94, and 95, and b'eing' a part' of the $'100, boo
<br />installment of bonds authorized by said ordinance,
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<br />be and the same is hereby accepted. Said bonds shall be de-
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<br />livered to the said Ernest L. Brown, Jr., subject to the unqua-
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