6015ORDINANCE NO. 6015•
AN ORDINANCE. APPROPRIATING 4110,187.09 FOR THE PAYMENT OF
MATURING PRINCIPAL AND SEMI- ANNUAL INTEREST COUPONS ON FUNDING BOND
ISSUE OF r.AY 11 1925, AND SE,.'I- ANNUAL INT�;REST COUPONS ON REFUNDING BOND
ISSUE OF NOVEI BER 1, 1935, AND SEid'i2- ANNUAL INTE LST ON REFUNDING BOND
ISSUE OF NOVEi -,iBER 1, 1938, AND PAYING AGENTS CHA&uLS THEREON; AND FOR
OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK,
ARKANSAS:
SECTION 1. That the sum of $110,167.09 be and the same is
hereby appropriated out of the Bond and Interest Fund of the City of
Little Rock for the payment of the following indebtedness due and pay-
able at the Chase National rank, New York City:
maturing principal of bonds numbered 773 to
854, inclusive ....... ..............................$ 82,000.00
Interest coupons numbered 30 due November 1, 1940
for semi - annual interest on Fundinb Bonds Nos.
773 to 1910, inclusive, dated �iay 1, 192,
(total principal being 01,138,000.00).... 25,605.00
Interest coupons numoered 10 due November 1, 1940
for semi- annual interest on Refunding Bonds Nos.
1 to bo, inclusive, dated November 1, 1935,
(total principal being; 033,000.00) ................. 742.50
Interest coupons numbered 4 due November 1, 1940
for semi- annual interest on Refunding bonds Nos.
1 to 75, inclusive, dated iovember 1, 1938,
( total principal being 075,000-00) ................. 1)687-50
Commission for payint; maturing principal
(lhlO of 1�6 of 482, 000 .00) ......................... 82.00
Commission for paying coupons due 1ovember 1, 1940
(1/4 of 1�o of 428, 035 .00)......... ................. 0.0
Total X110,187-09
SECTION 2. The uayor and City Clerk are hereby authorized to
Issue the City's warrant or warrants therefor, drawn on the Bond and
Interest Fund, payable to the Peoples National Bank; Little Rock,
Arkansas, for the payment of the maturing principal, semi -- annual interest
and paying agents charges herein recited.
SECTION 3. The City Clerk is hereby authorized to make such
arrangementeas are necessary for the transmittal of these funds to the
Chase National Bank of New York City to meet the due date of November 1,
1940.
SECTION 4. This ordinance shall take effect and be in force
from and after its passage and approval.
PASSED: October 14, 1940.
ATTEST: P OVE
City Clerk. ayor.