7707ORDINANCE NO. 7702
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENTS OF
MATURING PRINCIPAL: CALLED PRINCIPAL, SEMI- ANNUAL INTEREST, AND PAYING
AGENTS' CHARGES DUE AUGUST 1ST, 1948, ON VARIOUS CITY OF LITTLE ROCS
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 requirements due
August lot,, 1945, as follows:
Auditorium Bond Fund - 4% Municipal Auditorium Bonds:
Maturing principal $13,000-00
Semi-annual int ere st 580.00
Paying Agent's charges 18.00
3 -.599•W ,
Auditorium Bond Fund - 2% Municipal Auditorium Refunding Bonds:
Maturing principal
Called principal
Semi- annual interest
Paying Agent's charges
A
$ 6,000.00
10,000.00
3s975-00
25.
Library Annex Bond Fund - 4% Addition to City Library Bonds:
Maturing principal 2..000.00
Semi - annual interest 260.00
Paying Agent's charges 7.00
Negro Park Bond Fund - 4% Negro Park Bonds:
Maturing principal 1, 00.00
Semi - annual interest 20.00
Paying Agent's charges _650
1, 26.50
SECTION 2. The Mayor and City Clerk are hereby authorized
to issue the City's warrants on the respective funds and for the
respective amounts and purposes herein mentioned; and the City Clerk
is hereby authorized to make such arrangements as are necessary for the
transmittal of these fonds to the proper paying agents to meet the due
dates of August 1, 1948.
SECTION 3. This ordinance shall take effect and be in force
Crom and after its passage.
PASSED: July 12, 1948
ATTEST:
ity Clerk.
APPROVED:
Mayor.