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•
ORDINANCE NO.
15.949
• 419
AN ORDINANCE ESTABLISHING THE RATE
OF TAXATION OF PROPERTY FOR CITY
PURPOSES FOR THE YEAR 1991 FOR
VARIOUS FUNDS OF THE CITY OF LITTLE
ROCK.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The rate of taxation on real and personal
property in the City of Little Rock, Arkansas for certain City
purposes are hereby fixed, established and levied as follows:
For general purposes in order to carry on the
affairs of the City Government under Section 4, Article
12 of and Amendment 10 to the Constitution of Arkansas
of 1874, there is hereby levied a tax of five (5) mills;
For the purpose of paying bonds and interest as may
be required for the City of Little Rock, Arkansas, for
Capital Improvement Bonds, approved at a special election
held on October 13, 1987, there is hereby levied a tax
of three and four hundred thirty -four thousandths (3.434)
mills;
For the purpose of paying Policemen's Pensions in
accordance with provisions of Amendment No. 31 to the
Constitution of the State of Arkansas, a tax of six
tenths (.6) mills;
For the purpose of paying Firemen's Pensions, in
accordance with the provisions of Amendment No. 31 to
the Constitution of the State of Arkansas adopted
November 5, 1940, and Act 16 of the acts of the General
Assembly of the State of Arkansas for the year 1941, a
tax of six tenths (.6) mills;
v -4
a -a
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For th wrpose of paying bonds an&'nterest as may 420
2 be required for the City of Little Rock, Arkansas,
3 refunding General Obligation Industrial Development
4 Bonds, Port Authority Project, approved at a special
5 election held on November 5, 1985, a tax of three tenths
6 (.3) mills;
7 For the purpose of maintaining the City Library, in
8 accordance with the provisions of Amendment No. 30 to the
9 Constitution of the State of Arkansas, a tax of one
10 (1) mill.
11 SECTION 2. The State Board of Equalization has notified
12 the City that it achieved equalization in 1989 under the provisions
13 of Amendment 59 to the Arkansas Constitution.
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15 SECTION 3. The City Clerk is hereby directed to transmit
16 a certified copy of this Ordinance to the County Clerk of Pulaski
17 County to the end that the taxes recited may be extended on the tax
18 books of Pulaski County and collected with the other taxes for the
19 year 1991.
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21 PASSED: October 16, 1990
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23 ATTEST: APPROVED:
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25 Qr, iYl n, s u
26 CI LERK CZECH MAY F G. "BUDDY" VILLINES
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28 AP PRO E AS TO F RM:
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30 MARK STODOLA, CITY ATTORNEY
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