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ORDINANCE NO. 129138
AN ORDINANCE ESTABLISHING THE RATE OF
TAXATION OF PROPERTY FOR CITY PURPOSES
FOR THE YEAR 1968 FOR VARIOUS FUNDS OF
THE CITY OF LITTLE ROCK; DECLARING AN
EMERGENCY; AND FOR OTHER PURPOSES.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS.
SECTION 1. That the rate of taxation on real and
personal property in the City of Little Rock for certain City
purposes for the year 1968 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 Improve-
ment Bonds, issue of 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 Improve-
ment Bonds approved at a special election held
on September 14, 1965, a tax of Three and
Seventy -Five One Hunderdths (3.75) mills.
For the purpose of paying Policements 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 Firements Pensions,
in accordance with the provisions of Amend-
ment 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.
�d;
-2-
For the purpose of paying bonds and interest
for the City of Little Rock as may be re-
quired for General Obligation Industrial
Development Bonds, authorized under Amend-
ment 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 trans-
mit 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 1968.
SECTION 3. In as much as the Quorum Court of Pulaski
County, Arkansas, convenes on the third Monday in November, 1968,
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 7, 1968
ATTEST: ,.p a j , � )Aa
City Clerk Mayo