REMEMBER WHEN?

Jan. 15-19, 1971 The City of La Grange sold $330,000 in water system improvement revenue bonds in the last of the dual issue approved by voters in 1969. The effective interest rate was 4.8567% interest. City council accepted the bid of First Federal Securities Corporation of Austin, which rendered the best of six proposals received, to handle the transaction. The 20-year bonds had an option of…