5723p.
ORDINANCE NO. 5Z23 -
AN ORDINANCE APPROPRIATING $29,812.50.FOR PAYMENT OF SEMI- ANNUAL
INTEREST COUPONS ON FUNDING BOND ISSUE OF MAY 1, 1925; SEMI- ANNUAL
INTEREST COUPONS ON REFUNDING BOND ISSUE OF NOVEMBER 1, 1935, SEMI..
ANNUAL INTEREST COUPONS ON REFUNDING BOND ISSUE OF NOVEMBER 1, 1939;
AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK,
Section 1. That the sum of $29,812.50 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 payable at
the Chase National Bank, New York City:
Interest Coupons No. 27 due May 1, 1939 for semi - annual
interest on Funding Bonds Nos. 694 to 1910, inclusive,
dated May 1, 1925, amount $27,382.50 (total principal
being $1,217,000.00).
Interest Coupons No. 7 due May 1, 1939 for semi - annual
interest on Refunding Bonds Nos. 1 to 66, inclusive,
dated November 1, 1935, amount $7+2.50 (total principal
being $33,000.00).
Interest Coupons No. 1 due May 1, 1939 for semi - annual
;interest on Refunding Bonds Nos. 1 to 75, inclusive,
4> dated` November 1 1938, amount $1,697.50 (total principal
being $75,000.00 ;.
Section 2. The Mayor and City Clerk are hereby authorized to
issue the City's warrant or warrants therefor, drawn on the Bond and
Interest Fund, for the purposes herein recited; and the City Clerk
is hereby authorized to make such arrangements as are necessary for
the transmittal of these funds to the Chase National Bank of New York
City to meet the due date of May 1, 1939 of said semi - annual interest
payments.
Section 3. This ordinance shall take effect and be in force
"tltt `and after its passage and approval.
Passed: April 10, 1939
ATTEST-`
r
City Clerk.