9862I
ORDINANCE NO. 9862
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENTS OF
PRINCIPAL AND SEMI- ANNUAL INTEREST AND PAYING AGENT'S CHARGES DUE ON
VARIOUS CITY OF LITTLE ROCK BOND ISSUES, AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. There is hereby appropriated out of the various
funds of the City of Little Rock the sums of money as herein recited
for payment of the City's obligations on various bond issues due August
1, 1955 and September 1, 1955 as follows:
August 1, 1955
3% AND 1 3/4% GENERAL OBLIGATION RIGHTS- OF -WAY STREET IMPROVEMENT
BONDS OF 1953 - HIGITWAY BOND FUND:
Semi - annual Interest
Paying Agent's Charges
$12,650.00
31.63
X12, 1. 3
2 3/10/ AND 20 FIRE APPARATUS AND FIRE STATION BONDS OF 1953 -
FIRE DEPARTMENT BOND FUND:
Semi - annual Interest
Paying Agent's Charges
7,355.00
18.39
7,373.39
1 1 /2f GENERAL OBLIGATION CITY LIBRARY BONDS.- LIBRARY BOND FUND:
Semi- annual Interest
Paying Agent's Charges
900.00
2.2
902.25
1 1/8/ GENERAL OBLIGATION GARBAGE DISPOSAL PLANT BONDS -
GARBAGE PLANT BOND FUND:
Semi - annual Interest
Paying Agent's Charges
421.87
.7
� 2 2
20 AND 1 1/2/ GENERAL OBLIGATION MUNICIPAL AIRPORT BONDS -
MUNICIPAL AIRPORT BOND FUND:
Semi - annual Interest :> 2,605.00
Paying Agent's Charges 15.00
2y620.00
September 1, 1955
5% AIRPORT, HOSPITAL AND FIRE EQUIPMENT BONDS - 5% SINKING FUND:
Maturing Principal ;28,000.00
Semi - annual Interest 42000.00
Paying Agent's Charges ug.00
U-2,045-00
2 1/2% FAIR PARK IMPROVEMENT BONDS - FAIR PARK BOND FUND:.
Semi - annual Interest 256.25
Paying Agent's Charges 5.00
261.25
s � �
-2- '
SECTION 2. The Mayor and the City Clerk are hereby authorized
to issue the City's warrants on the respective funds and for the
respective amounts herein mentioned; and the City Clerk is hereby
authorized to make such arrangements as are necessary for the transmittal
of these funds to the proper paying agents to meet the due date.
SECTION 3. This ordinance shall take effect and be in force
from and after its passage and approval.
PASSED: July 11, 1955
ATTEST: APPROVED:
f4axt' 4--q
City Clerk. Mayor.
IN