5790ORDINANCE No. _5790,
AN ORDINANCE APPROPRIATING #24,645,
MATURING PRINCIPAL, INTEREST AND SERVICE CHARGES OF 5% IMPROVE-
MENT BONDS (AIRPORT, FIRE EQUIPMENT AND HOSPITAL) DATED NOVEMBER
1, 1929, DUE SEPTEMBER 1, 1939 VARIOUS, OF THE CITY OF LITTLE
ROCK, AND FOR OTHER POSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
LITTLE ROCK:
SECTION 1. That the sum of $24,645.94 be, and the
same is hereby appropriated out of the 5% Sinking Fund for pay-
ment of the following indebtedness of the City of Little Rook,
due and payable at the office of Halsey, Stuart and Company,
Chicago, Illinois on September 1, 1939:
Maturing principal $13,000-00
Semi - annual interest at 5% per annum
on $464,000 outstanding bonds 11,600.00
Service Charges
Paying September 1, 1939 principal
- 1/9 of lye of $13, 000 $16.25
Paying September 1, 1939 interest
- 1/4 of 1% of $11, 600.00 29.00 45.25
Postage on shipments of paid and
cancelled securities February to
July, 1939, inclusive .69
Total amount due $24,645.94.
Section 2. The Mayor and City Clerk are hereby
authorized to issue the City's warrants in the amounts
mentioned and for the purposes herein recited, and the City ,
Cleric to authorized to rake such arrangements as are necessary
for the transmittal of these funds to Halsey, Stuart & Company,
said
Inc. to meet the due date of September 1st, 1939 of / principal
and semi - annual interest payments.
Section 3. That this ordinance shall take effect
and be in force from and after its passage.
Passed: August 29, 1939-
Attest: A4
ity Clerk.