13346ORDINANCE NO 13,346
AN ORDINANCE APPROPRIATING GENERAL OBLIGATION
IMPROVEMENT BOND FUNDS; AND FOR OTHER PURPOSES
BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE
ROCK, ARKANSAS.
SECTION 1. The following appropriations are hereby made from
General Obligation Bond proceeds recently received in the amounts
previously agreed upon for those purposes:
1) $200,000.00 to repay City General Fund for Boys Club Advance
2) $308,000.00 for Branch Library
3) $147,965.25 to retire 1965 Bonds and Interest
SECTION 2. The following appropriations are hereby made from
the contingency unallocated portion of said General Obligation Bond
proceeds to pay the Bond Issue expenses, as follows:
1) $18,500.00 Bond Counsel Fees
2) $12,062.50 Trustee's Authenticating Charge
3) $ 3,350.00 Bond Rating Expense
4) $ 3,138.40 Printing of Prospectus and Notice of Sale
5) $ 2,252.61 Printing of Bonds
39,303.51 Total Bond Issue Expense
SECTION 3. This Ordinance shall be in full force and effect
from and after its passage.
PASSED: September 20, 1977
ATTEST: APPROVED:
City Cler Mayor