12552u
ORDINANCE N0. 12,552
AN ORDINANCE ESTABLISHING THE RATE OF
TAXATION OF PROPERTY FOR CITY PURPOSES
FOR THE YEAR 1971 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 1971
be and the same is hereby fixed and 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 for
the City of Little Rock Airport Improvement Bonds,
issue on February 1, 1968, a tax of One and Twenty -
five one hundredths (1.25) mills.
For -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 election held on September 1.4,
1965, a tax of Three and Seventy -five one hundredths,
(3.75) 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, a
tax of One (1) mill.
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 Act16 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 Obligation Industrial Development Bonds, .
authorized under Amendment 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.
COG-77
F-9
r
page 2
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.
1971.
SECTION 3. Inasmuch as the Quorum Court of Pulaski County, Arkansas,
convenes on the third Monday in November, 1971, 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 de-
clared 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 5, 1971
ATTEST:
City
Cler
r
APPROVED:
Mayor