11322ORDINANCE NO. 11,322
AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF PROPERTY FOR CITY
PURPOSES FOR THE YEAR 1962 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, ARKAN-
SAS:
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 1962 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 General Obligation Library Improvement Bonds,
issue of January 1, 1958, a tax of One and Twenty -Five One -
Hundredths (1.25) mills.
For the purpose of paying bonds and interest for the City of
Little Rock as may be required for General Obligation Capital
Improvement Bonds approved at General Election held November
4, 1958, 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 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.
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 1962.
SECTION 3. In as much as the Quorum Court of Pulaski County, Arkansas,
convenes on December 10, 1962, for the purpose of levying taxes; and,
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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 15, 1962
ATTEST:
City Clerk
APPROVED:
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