13103ORDINANCE NO 13,103
AN ORDINANCE ESTABLISHING THE RATE OF TAXATION
OF PROPERTY FOR CITY PURPOSES FOR THE YEAR 1975
FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK;
DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES
BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF
LITTLE ROCK, ARKANSAS.
SECTION 1. That the rate of taxation of real and personal
property in the City of Little Rock for certain City purposes
for the year 1975 be and the same is hereby fixed and established
and levied as follows:
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For general purposes in order to carry on the affairs of
c 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 mills (5).
oFor the purpose of paying bonds and interest as may be
required for the City of Little Rock, Arkansas, Refunding
and Capital Improvement Bonds approved at a special
voi election held on September 14, 1965, a tax of Three and
Seventy -five one hundredths (3.75) mills.
For the purpose of paying bonds and interest for the
City of Little Rock Airport Improvement Bonds, issued
on February 1, 1968, a tax of one and twenty -five one
hundredths (1.25) mills.
For the purpose of paying Policemen'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 one (1) mill.
For the purpose of maintaining the City Library, in
accordance with the provisions of Amendment No. 30 to
the Constitution of the State of Arkansas, a tax of
One (1) mill.
For the purpose of paying bonds and interest for the
City of Little Rock as may be required for General
Obligations Industrial Development Bonds, authorized
under Amendmendment No. 49 to the Constitution of the
State of Arkansas, and authorized in an election held
on May 12, 1964, a tax of One and eighty -five one
hundredths (1.85) mills.
SECTION 2. The City Clerk is hereby directed to transmit
a certified copy of this Ordinance to the County Clerk of Pulaski
County to the end that the taxes herein recited may be extended
on the tax books of Pulaski County and collected with the other
taxes for the year 1974.
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SECTION 3. Inasmuch as the Quorum Court of Pulaski
County, Arkansas, convenes on the third Monday in November,
1975, for the purpose of levying taxes; and whereas the City
of Little Rock must certify to said Quorum Court the rate of
taxation for City purposes before the date of convenement of
said Quorum Court so as not to endanger health, lives and
property of the citizens of Little Rock; now therefore, an
emergency is hereby declared to exist and this Ordinance being
necessary for the preservation of public peace, health and
safety shall be in full force and effect from and after its
passage and approval.
PASSED: October 21, 1975
ATTEST: APPROVED:
City Clerk May