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<br />MINUTES - SPECIAL FETING <br />LA Pt~TE CITY COR~ISSION - I~..AY 27TH, 195. <br />10:30 A. M. <br />Special. meeting of the City Commission was called to order by Mayor M.D. <br />Burgir_~ with the following members and city officials present: Commissioners <br />L. R.Rigby aril Harold P. Pfeiffer, Special Attorney Jno. S. Kiibler? and Ci~ly <br />Clerk J. E. Muldoon. <br />The purpose of this meeting was to pass refunding bond ordinance on X20,000 <br />City of La Porte Stred; Improvement Refunding Bonds, Series 1.9511., prescribing <br />the terms and conditions thereof, and levying taxes to pay the principal and <br />interest t hereon, and to pass Ordinance No. t~68. <br />The Mayor introduced an ordinance, No. 167, which was read in full. Commiss- <br />ioner Rigby made a motion that the ordinance be adopted as read. The motion <br />was seconded by Commissioner Pfeiffer, and carried by the following vote: <br />AYES: Burgin Rigby, Pfeiffer. NOES: None. The Mayor declared that the <br />ordinance had been finally adopted. The ordinance thus adop ed,follows: <br />-.l~. ;- .J ~.: <br />~.. ~ .1.~' ~ 'a.~ _ <br />AN ORDINANCE AUTHORIZIAIG THE ISSUANCE OF 20,OO0 CITY OF LA`G`-~'~ <br />PORTE STREIaJT IMPROVEMIlVT REFCENDING BONDS, SERIES 19,~~.; PRE- <br />SCRIBIPIG THE TEft~SS AND CONDITIONS THEREOF; AND LEVYING TAXES <br />TO PAY THE PRINCIPAL AN.D INVEST THII~EON. <br />The Mayor introduced an ordinance, No. 1,.68, which w as read in full. Commiss- <br />ioner Rigby made a motion that the ordinance be adopted as read. The motion <br />was seconded by Commissioner Pfeiffer, and carried by the following vote: <br />AYES: Burgin, Rigby, Pfeiffer. NOES: None. The Mayor declared that the <br />ordinance had been finally adopted. The ordinance thus adopted follows: <br />AN ORDINANCE ORDERII~TG THE I,~Eh2PTION GF FOUR ONE THOUSAND DOLLAR <br />(~1, 000.00) U. S. SERIES F BONDS OINNEp BY CERTAIN INTEREST AND <br />SIPIKING FUNDS; THE DEPOSIT OF THE PROCEEDS THEREOF INTO SUCH IN- <br />TEREST AND SINKING FUNDS; TRANSFERRING TES BALANCES TN CERTAIN <br />ITdT~?.EST AND SINKIlVG FUIu'DS, WHICH HAVE BEEN MA.INTA.INID FOR THE <br />CITY OF LA PORTE BOND ISSUES WHICH HAVE HERETOFC.FtE BEIN FULLY <br />PAID BY THE CITY, INTO THE STREET IMPROVEl!~iE~IT FUND; ORD..' .ItdG ALL <br />?CONEYS COLLECTED IN THE FUTURE, VTHICH OTHEEI4~TSE WOULD B E DEPOSITED <br />ITd THE INTEREST AND SINKING FUNDS OF SAID BONDS ?~tHICH HAVE BEEN <br />FULLY PAID, TO BE DEPOSITED INTO THE GENIRAL FUNDS OF THE CITY; <br />APPROVINCx AND RATIFYING THE TRANSFER OF THE FNE THOUSAND DOLLAR <br />(5,000.00) TIME DEPOSIT BELONGING TO A CERTA.713 INTEREST AND SINK- <br />ING FUND IIJTO THE' STREET INPROVEh~TT FUND; PROVIDING THAT ALL <br />O:~.DINANCES, RESOLUTI02dS AND PARTS THEREOF WHICH ARE IN C02dFLICT <br />H~tEb'VITH ARE HEREBY E~RESSLY REPEALED. <br />_ ,:,2T <br />Motion by Rigby second by Pfeiffer, that the meeting adjourn. <br />Carried. <br />ATT T: '' <br />. ocm, o. y e gin' a or e y o <br />of La Porte, Texas La Pate, Texas <br />