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<br />ORD1NANC~NO. Ijll
<br />AN ORDINANCE:PRQvIDING FOR THE LF.VY. ASSESSM'ENT AND COLLECTION OF AN AD V ALOREY
<br />T AX FOR THE 1EAR 1956. OF AND AT THE RATE OF ONE AND 15/100 DOLLARS ($1.15) ON
<br />EACH ONE 'HU'ND!RED DOLtARS($100 .00) V ALUAT.I ON OF T AXABL~ PROPERTY:' IN TH,E CITY OF
<br />LA PORTE, FOR: THEPURrOSe, OF PAYING Tilt INT~Il~ST ON, AND A SINK1N,G FUND FOR, THE
<br />REDEMPTION OF: "CIrY OF LA PORTE, REFUNDING BONDS SERIES'1934"', "CITY OF LA PORTE
<br />WATER SYSTEM'iREFUNDING BONDS, SERIES 1946,1', "cIfy OF LA PORTE Sf.REE.1' IMPROVEMENT
<br />BONDS, S:E1UES, 1949"11, ','CITY QF LA PORTE GARBAGE INCINERATOR BONDS" SERIES 1949",
<br />"CITY OF LA:' gORTE' STllE;ET IMPROVEMENT BONDS. SEIUES 1953_A". "CITY OF LA PORT E
<br />CITY HAU $OHnS, SERIES 1953" AND "CITY OF LA PORTE SfREET REFUNDING BONDS, AND
<br />"CITY OF J.A ~:ORTE SANlTARY SEIVER SYSTEM BOfI~DS. SERIE'S 1955" AND FOR PAYING CUR-
<br />RENI' EXP ENSE$ OF SAID elT Y .
<br />BE IT ORDAINED BY TilE CITY COMMISSION OF TilE CITY OF LA PORTE, TEXAS,
<br />
<br />THAT:
<br />
<br />~ectio.n 1. There is hereby levied and shan be assessed and collect d
<br />fer the year;19561 on all the taxable pro'perty in the City of La PortelTexas on
<br />the 1st day of January of the year 1956. an ad valorem tax oft and at the rate
<br />of1 One and 15/100 Dollars ($1.15) on each One Hundred Dollars ($100.00) valu-
<br />ation of tax,ble property in said CitY1 estimated in lawful currency of the
<br />United S~ate'l for the purpose of paying the interest 001 and a sinking fund for
<br />the redemption of~ One Hundre~ Forty-Eight Thousand Dollars ($1481000.00) "City
<br />of La Porte Refunding Bondsl Series 1934\ Twenty-Two Thousand Dol1ars ($221000. 0)
<br />,"(;)Jr 01!L!af~rt,l~,,~,ater Sy:sti~,m: Re,funding Bondsr 5er ies 1946\ Seventy-Five Tbou-
<br />': '..~! ~!.":.~::.::i.: ')h:-~':~#~i"";'~;':!~~i,L:'~:;'!:;{;.'!,. ,1.:.;1:" "
<br />sund noUa:~s~:' ($751000.00j "City of LaPorte Street Improvemelt Bondsr Series
<br />1~149" I T~e'nt1-Five. Thousand Dollars ($25.000.00) "City of La Porte Garbage In-
<br />
<br />~ t.. . '. '.
<br />
<br />c:inerato'r :no,ds'~ ,"S'c'ries 1949\ Two Hundred Thousand ,Dollars ($2001000.00) "City
<br />01 La Po,t~ ~tr~et Improvement Bonds, Series 1953-A"1 Twelve Tbousand Dollars
<br />
<br />"I.
<br />($12tOOO.00) "City of La Porte City Hall Bondsl Series 1953"1 Twe~ty Thousand
<br />
<br />, .
<br />
<br />DDllars ($''20:i.000.00) "City o.f La Porte Street Refunding Bondsl Series 1954" and
<br />Sixty Thou:sand Dollars ($601000.00> "City of La Porte Sanitary Sewer System Bond I
<br />Series 19S,5";j' and lor paying current expenses of said City. and levied as follows.
<br />to-wit :
<br />
<br />,. , ,
<br />
<br />(a) There is ,hQ~:re,b~:l~Yh~:~,,:~~:tax of Twenty-Fi.ve cents (25q) on each
<br />One Hundred ~olla~s ($109.00) val~ation of taxable prop~r~y int~e City of La Po te
<br />
<br />" '" ,
<br />
<br />for the year 1956r fo,r tine p.u~pose of paying the current interest on1 and to
<br />provide t~;e.!j~'e~~:H:ary sinking fund for, the O~e Hundred Forty-Eight Tbousand
<br />
<br />. ',' .:!, .:,.,. . " . .. .. .
<br />
<br />DOllars':,(~~~;~'IOO~.,OOJ IIC.~'ty., o~, La Porte Refun~ingB.onds'" is~ued ,.'in the year 1934,
<br />and the:s~ni!'tsJUill b'e a,ssesied: and collected 'and applied to'the purpose named.
<br />. ..' ;:. : '. . '.
<br />
<br />:. (:~!~:bl . ,1hell:e~ishe'reby levied a tax of Tbree cents (3V on each One
<br />Hundred'Dellars ($100.00) valuation of taxable property in the' City of La Porte
<br />tor the year 19561 for the purpose of paying the current interest on. and to
<br />
<br />,y. ,
<br />
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