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<br />amINANCB NO. 408
<br />AN amINANCI. ~VIDlNG FOR 1llE LEVY, ASSESSlIEIT AND COILlOO'l'Iat OF AN AD
<br />VA:LatEM TAX Pm TBE '!BAR 19S0, OF AND AT THE RATES OF 'l.SO (JI BACH 1100.00 VALUATIai
<br />OF TAXABLE PItOPmTY IN THE CITY OF LA POlTE FOR THE PURP<SE OF PAlING THE INTiREST (If,
<br />AKD A SINKING FDIm F<Il, THE REDEMP'l'IOf OF "CITY OF LA PCRTE REFUNDING BafDS, smDB
<br />1934", "CITI OF LA PmTE SEWER FUNDDlG BOlDS, SERIES 1938", "CITY OF LA PalTE SPJIER
<br />REruHDING Barns, SEaIES 19la4", AND IICITY OF LA P(B'l'E WATm SlSTmI REFUNDING DDS,
<br />SlUES 1946", DCITY OF LA PeRTE STREET IMPROVEMENT BONDS, SERIES 194911, AND Dcrn OF
<br />LA PORTE GARBAGE DCDl!RAMt BCIIDS, SmIll8 1949", AND R>R PAYING CORRJI{T EXPiNSES
<br />OF SAID CIn.
<br />BE Dr ~DADED BY THE ,BOARD OF COMMISSIONms OF THE CITY OF LA PCRTE,
<br />
<br />TEXAS:
<br />
<br />Section 1. There is hereby levied and shall be assessed and collected tor
<br />the year 19S0, on aU the taxable properv in the CiV of La Porte" Texas" on the
<br />1st dq of Janu817 of the 188r 19S0, aD ad valorem tax ot, and at the rate 'ot, ODe
<br />and So/loo Dollars ($l.SO) on each (De Hundred Dollars ($100.00) valuation of tax-
<br />able properv in said City, estimated in lawful currenCT ot the UD1ted States, tar
<br />tbe purpose ot p8l1ng the interest on, and a Id.nldng tlmcl tor tbe red.empt.1on of,
<br />One HandI"ed Fort)r.dagbt Thousand Dollars <1148,000.00) "City of La Porte Re.f'unt\ing
<br />Bonds, Series 1934", KLeven Thousand Five Hundred Dollars (I11,Soo.OO) DCityof
<br />La. Porte Sewer Funding BondS, Serie8 1938", Twelve Thousand Dollars (812,000.00)
<br />. '
<br />u '
<br />City ot La Porte Sewer Retunding Bands, Series 19"", Twenty-Two Thousand Dollars
<br />~ .
<br />
<br />(8i22,OOO.00) "City of La Porte Water System RetlmdV-g Bouds, Series 1946", Sevanty...
<br />F1~e Thoussnd. Dollars (11S,000.00) Deity of La Porte Street Improyement Bonds,
<br />Stries 1949D, Twenty-Five Thousand Dollars ($2S,000.00) DCity of La Porte Garbage
<br />ulC1Deratcr Bonds, Ser::l.es 1916", end tor p8fing current expenses ot said City, and
<br />1Elvied. as tollows: to-wi t:
<br />(a) There 1s hereby levied &. tax. ot One Cent (.01) on eadh Qae- Hundred
<br />DcUlars ($100.00) valuation ot taxable propert7 in the City of La Porte tor the J8ar
<br />lS~SO, tor the purpose of pqiDg tbe curreDt interest on, and to provide the necess817
<br />s~ln1ri"g tuDd tar, the One Hmldred Fort;y.i1ght Thousand Dollars ($11a8,OOO.OO) nCity
<br />o:r La Porte RetWiaiDg ~.-'isSt1ed in the 18ar 1934, and the same shall be assessed
<br />8Ild collected aDd app).1ed to the -purpose named.
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