7434ORDINANCE NO. 74
An ordinance appropriating the sum of sixty five thousand
seven hundred twenty six dollars from the general fund for
payment of benefits derived by lands of the City of Little
Rock situated within the Little Rock - Pulaski Drainage Did -
trict No. 2, Growing out of the construction by said District
of a Levee and Interior Drainage protecting said property
from overflow.
BE IT ORDAINED BY THE CITY COUncil of the City of Little
Rock, Arkansas.
Section 1. There is hereby appropriated out of the
General Funds of the City of Little Rock the sum of Sixty Five.
Thousand Seven Hundred Twenty Six ( 465,726.00) Dollars, for the
purpose of paying the benefits derived by lands belonging to the
City of Little Rock, situated within Little Rock- Pulaski Drainage
District No. 2, growing out of the construction by said District
of a levee and interior drainage protecting said.property'from
overflow.
Section 2. The Mayor and City Clerk are hereby authorized
and directed to issue and deliver to the Little Rock - Pulaski Drainage
District No. 2 the warrant of the City upon the date said District
has sold all the bonds issued by said district for such improvements.
Said warrant shall be drawn on the General fund in the said sum of
Sixty Five Thousand Seven Hundred Twenty -six Dollars, in full payment
of all benefits to said city lands. In the event, however, that such
bonds of said district are not sold or the levy project is abandoned
in any manner such warrant shall not be issued or deliver0d.
Section 3. It is ascertained and declared by the City Coun-
cil of Little Rock that the City and the city property in said dis-
trict are in urgent and immediate need df the protection to life,
health and property afforded by the levee and drainage works pro-
posed to be constructed by the United States Goverhment in the area
described. It is therefore declared thar an emergency exists; that -
this ordinance is necessary for the immediate preservation of the
public peace, health and safety; and that this Ordinance shall take
effect and be in force from and after its passage and approval.
Passe d• October 13 s l94 / /
Approved:
Attes —
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