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2 RESOLUTION NO. 8,329
3
A RESOLUTION CALLING AN ELECTION TO
4 CERTIFY THAT THE BOARD OF DIRECTORS
5 MAY, PURSUANT TO ARKANSAS STATUTES
6 AND AMENDMENT 59 OF THE ARKANSAS
7 CONSTITUTION, SET A MILLAGE RATE OF
8 UP TO ONE MILL FOR THE BENEFIT OF
THE LITTLE ROCK, ARKANSAS, FIRE
9 PENSION RELIEF FUND; SETTING A
10 DATE; AND FOR OTHER PURPOSES.
11
12 WHEREAS, the citizens approved Initiated Ordinance No. 6175
13 by majority vote held April 1, 1941, and
WHEREAS, this ordinance established that the City could levy
14 up to one mill on personal and real property assessments for the
15 purpose of funding a fire pension and relief fund for the benefit
16 of retired firemen, widows and the minor children of deceased
17 firemen, and
WHEREAS, the actual millage levied on any annual basis is to
18 be determined by the City Board of Directors upon a report by the
19 Board of Trustees of the Little Rock, Arkansas, Fire Pension &
20 Relief Fund, as to the amount of money that "will be required to
21 pay pensions to retired firemen, and pensions to widows and minor
22 children of deceased firemen and widows and minor children of
deceased retired firemen, for the following year," and
23 WHEREAS, the annual levy has been limited to six - tenths (.6)
24 of a mill by operation of Amendment 59, and
25 WHEREAS, Pulaski County has equalized its personal and real
26 property tax assessments and, therefore, can now raise its
personal property tax assessments, and
27 WHEREAS, there is a question as to whether this can be
28 done by Board action alone, or whether it requires a separate
29 election, and
30 WHEREAS, the Board of Trustees of the Little Rock, Arkansas,
Fire Pension and Relief Fund has asked this Board to call an
31
election,
32 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS
33 OF THE CITY OF LITTLE ROCK, ARKANSAS:
34 SECTION 1. An election shall be held during the general
35 election on November 6, 1990, at which time the following
36 question will be submitted to the electorate:
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IF -7
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FOR restoring to the Board of Directors of 241
the City of Little Rock the authority to
again levy up to one full mill for the Fire
Pension Fund on real and personal property
within -the City now that property
assessments in Pulaski County have
equalized under the rollback provisions of
Amendment59 .............. ............................... ❑
AGAINST restoring to the Board of Directors
of the City of Little Rock the authority to
again levy up to one full mill for the Fire
Pension Fund on real and personal property
within the City now that property
assessments with Pulaski County have
equalized under the rollback provisions of
Amendment 59 ............... ..............................�
SECTION 2. This election will be held in accordance with
the provisions of Ark. Code Ann. § 24 -11 -812 (Sapp. 1989).
ADOPTED: July 3, 1990
a i