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<br />ORDINAN CE NO. J.,49
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<br />AN IltDINANCE PROVIDING FOR THE LEVY, ASSESSMENT AND OOLLECTION OF.AN AD VALOREM TAX
<br />'FOR THS: !FAR 1953, OF AND AT THE RATFS OF $1.75 ON EACH $100.00 VALUATICJol OF TAXABLE
<br />PROPERTY IN THE CITY OF IJt PORTE FOR THE PURPOSE OF PAYmG T HE INTEREST ml, AND A SINK-
<br />1NG FUND FOR, THE REDEm"'l'ION OF "CITY OF LA PaRrE REFUNDOO BONIB, SERIES 1934", "CITY
<br />OF LA PORrE SEllER REFlJNDmG BONDS, SERIES 1944", AND "Cn'Y OF LA PCRTE WATER SYSTEM
<br />REFONlJ.OO BONDS, SERIES 1946", "CITY OF LA. PORl'E STREET IMPR.OVEl[ENT BONDS, SERIES 1949",
<br />AND "CITY OF LA PORrE GARllAGE INCINERATOR BONm, SERms 1949", "CITY OF J..A PORTE SmEEr
<br />IMPRO~r;EM]NT' BONDS, SERIES 1953-A", "CITY OF LA PORTE CITY HALL BONts, SERIES 1953", AND
<br />FOR Pl.YJID CURRENT EXPENSES OF SAID CITY.
<br />BE IT (R~ BY THE OOARD OF COMMISSIONERS OF THE CITY OF LA PORTE, TEXAS:
<br />Secrtion 1. There is hereby levied md shall be assessed and collected for the yesr
<br />.-- 1953, on all the taxable pl"opet'ty in the City of La PoIte, Texas, on the lsti day of
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<br />. . JanuB:l~y of the year 1953, an ad vaJ.arem tax: of, and at the r ate of, One and 75/100
<br />DollaJ~s ($1.75) on each One Hundred Dollars ($100.00) valuation of taxable properby'
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<br />in sald CLty, estimated in larr.ful currency of the United states, for the purpose of
<br />pqing the interest on, and a s~ fund far the redemption of One HuJdred Forty--
<br />Eight Thousand Dollars ($148,000.00) "City or La Porte Refunding Bonds, Series 1934",
<br />Trielve Thousand Dollars ($12,000.00) "City or La Porte Sewer Retuncli.ng Bonds" Series
<br />1944", Twenty-Two Thousand Dollars ($22,000.00) "City of La PoIte Water System Refund-
<br />ing Bonds, Set'ies 1946" Sevezrty-Five Thousand Dollars (~~75"ooo.oo) "City of La Porf;e
<br />street ImprovemeIIli Bonds, SEries 1949", 'l'wenty-F.l.ve Thous'and Dollars ($25,000.00)
<br />"Cit~. of La Porte Garbage llciners:tar Bonds, Series 19W", Two Hundred Thousand
<br />,....->. ($200,000.00) "Ci 'GY' of La Porte Street Improvement Bonds, Set'ies 1953-A"" Twelve Thous-
<br />~'. :..md ($12 " 000. 00) "City of La Porte City Hall Bonds, Series 1953", and for paying current
<br />expenses of said City, aDd levied as follows, to-'wit:
<br />(~l) There is hereby levied a tax of Thirty Cents (.30) on each one Hundred Dollars
<br />($lOC).OO) valua'tion of taxable p1"operty in the City of La Porte for t he year 19.53, for
<br />the ];nxt'pose of p~ the cUI:'rent irIterest on, and. to provide the necessary sinking fund
<br />for, the One Hundred Farty-EigbI; Thous:andDollars ($148,000.00) "City of La Parte Re-
<br />Fund:i.ng Bonds" issued in the year 1934, and the same shill be assessed and collected
<br />and applied. to the purpose naned.
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