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11978ORDINANCE NO. 11,978 AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF PROPERTY FOR CITY PURPOSES FOR THE YEAR 1967 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 1967 be and the same is hereby fixed and established and levied as follows: For (feral Purposes in the affairs of the Cit; Section 4, Article 12, to the Constitution of there is hereby levied mills. order to carry on y Government under of and Amendment 10 Arkansas of 1874, a tax of Five (5 ) For the purpose of paying bonds and interest for the City of Little Rock General Obligation Library Improvement Bonds, issue of January 1, 1958, a tax of Fifteen One- Hundredths (.15) 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 Four and Eighty - Five One Hundredths (4.85) mills. For the purpose of paying Policements Pensions in accordance with the provisions of Amend- ment 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 Ark- ansas, a tax of One (1) mill. -2- 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 Thirty -Five Hundredths (1.35) 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 1967. SECTION 3. In as much as the Quorum Court of Pulaski County, Arkansas, convenes on the third Monday in November, 1967, 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 16, 1967 ATTEST: ��Q / a• /� eJ APPROVED: City Clerk yo