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<br />/~ <br />iA, <br />.' <br />I <br />"",../ <br /> <br />~-"'" <br /> <br />,-', <br />" ' <br />----" <br /> <br />...---- -O:.~ , <br /> <br />:,e~ <br />~I <br /> <br />r.--........ <br /> <br />:e, <br />~' <br /> <br />. <br /> <br />e <br /> <br />ORDINANCE NO. <br /> <br />485 <br /> <br />AN ORDINANCE PROVIDING FOR THE LEVY. ASSESSMENT AND COLLECTI ON OF AN AD VALOREM <br />TAX ~OR THE YEAR 1955. OF AND AT THE RATE OF ONE AND 15/100 DOLLARS ($1.15) ON <br />EACH ONE HUNDRED DOLLARS ($100.00) VALUATION OF TAXABLE PROPERTY IN THE CITY OF <br />LA PORTE. FOR THE PURPOSE OF PAYING THE INTEREST ON. AND A SINKING FUND FOR. THE <br />REDEMPTION OF "CITY OF LA PORTE REFUNDING BONDS. SERIES 1934". lICITY OF LA PORTE <br />WATER SYSTEM REFUNDING BONDS. SERIES 1946". lICITY OF LA PORTE STREET IMPROVEMENT <br />BONDS. SERIES 1949".' "CITY OF LA PORT E GARBAGE INCINERATOR BONDS, SERI ES 1949" I <br />"CITY OF LA PORT E SfREET IMPROVEMENT BONDS. SERIES 1953-A". "CITY OF LA PORT E <br />CITY HALL BONDS, SERI ES 1953" AND "CITY OF LA PORT E STREET REFUNDING BONDS. <br />SERIES 1954-, AND FOR PAYING CURRENT EXPENSES OF SAID CITY. <br />BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF LA PORTE. TEXAS <br /> <br />THAT: <br /> <br />Section l~ There is hereby levied and shall be assessed and collected <br />for the year 1955. on all the taxable property in the City of La Porte. Texas on <br />the 1st day of January of the year 1955) an ad valorem tax of, and at tbe rate <br />oft One and 15/100 Dollars,($1.15} on each One Hundred Dollars ($100.00) valu- <br />ation of taxable property in said City. estimated in lawful currency of the <br />United States. for the purpose of paying the interest on. and a sinking fund for <br />the redemption of. One Hundred Forty-Eigbt Thousand Dollars ($148.000.00) "City <br />of La Porte Refunding Bonds, Series 1934") Twenty-Two Thousand Dollars ($22.000. 0) <br />"City of La Porte Water System Refunding Bonds) Series 1946\ Seventy-Five Thou <br />sand Dollars ~$151000.00) "City of La Porte Street Improvement Bonds. Series <br />1949" 1 Twenty-Five Thousand Dollars ($25tOOO.00) I.City of La Porte Garbage In- <br />cinerator Bonds, Series 1949") Two Hundred Thousand Dollars ($200)000.00) "City <br />of La Porte Street Improvement Bonds. Series1953-A", Twelve Thousand Dollars <br />($12.000.00) "City of La Porte City Hall Bonds. Series 1953" and Twenty Thousand <br />Dollars ($20,000.00) "City of La Porte Street Refunding Bonds. Series 1954" and <br />for paying current expenses of said City) and levied as follows. to-wit: <br />(a) T'here is bereby levied a tax of fourteen cents 04~) on eacb One <br />Hundred Dollars ($100.00) ~al~ation ~f taxable ~roperty in the City of La Porte <br />for the year 1955. for the purpose' of paying the current interest on) and to <br />provide the necessary sinking fund fort the One Hundred Forty-Eight Thousand <br />Dollars ($148.000.00) nCity o~ La Porte Refunding Bonds" issued in the year 193 , <br />and the same shall be assessed and collected and applied to the purpose named. <br />(b) There is hereby lev,ied a tax of four cents (4~) on each One Hun- <br />dred Dollars ($100.00) valuation of taxable property in the City of La Porte <br />for tbe year 19S51 for the purpose of paying the current interest on, and to <br />provide the necessary sinking fund fort tbe Twenty-Two Thousand Dollars <br />