5329'k
ORDINANCE N0. 5329
!,i3 ORDINANCE APPROPRIATING x',32,985.00 FOR PAPIMI TT OF
SEMI — ANNUAL INTEREST COUPONS ON FUNDING BOND ISSUE OF 'L AY 11 1925,
AIM SEIII— AIPINAL INTEREST COUPONS ON REFUNDING BOND ISSUE OF
NOVELIBER 1, 1935; ALSO APPROPRIATING .$176.81 FOR PAYMENT OF EX-
PENSES INCURRED IN REFUNDING SAID BONDS OF ISSUE OF NOVEI:BL;R 1,
1935, TOTAL APPROPRIATION $33,161.81; AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK,
ARKANSAS:
Section 1. Th<__,t the sum of $32,985.00 be and the same is
hereby !�;nnropriated out of t:ae Bond End Interest Fund of the City
of Little Rock for the payment of the following indebtedness due
and payable at the Chase National B ;-,,nk, New York City:
Interest Coupons No. 21 due 11ay 1, 1936 for semi — annual
interest on Funding Bonds Nos. 478 to 1910, inclusive,
dated cloy 1, 1925, at count X32, 242.50 (total principal
being $1,433,000.00).
Interest Coupons No. 1 due ;.`ay 1, 1936 for semi— annual
interest on Refunding Bonds Nos. 1 to 66, inclusive, dated
NoverAber 1 1935, amount 4'?742.50 (total nrinciral being
$33,000.00j.
Section 2. That the sum of $176.81 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 incurred in
refunding $33,000.00 of 4 o Funding Bonds issue of T�:iay 1, 1925, re-
funded as of November 1, 1935:
Rose, Hemingway, Cantrell & Loughborough, to services
preparing papers and approving $3,000 of Little Rock
Refunding Bonds dated November 1, 1935. . . . . . . . . � ;100.00
Democrat Printing & Lithographing Company, to nrinting
66 bonds, and tax. 76.81
Total A176.51
Section 3. The Mayor and the City Clerk are hereby = ruthoriz-
ed to issue the City's warrant or warrants therefor payable to the
Peoples National Bank of Little Rock, Arkansas for the payment of
semi— onnual interest herein recited in such amounts as they deem for
the best interests of the City; the said Peoples National Bank to
re::iit the amount received to the C lase National B,,nk of New York City
for the purposes herein recited.
Section 4. The Mayor and the City Clerk are hereby
authorized to issue the City's warrants for the payment of exnenses
incurred in refunding; said bonds herein mentioned payable to the
?parties anal in the amounts herein named for the purposes herein
recited.
Section 5. That all ordinances or parts of ordinances in
conflict herewith are hereby repealed and this ordinance shall take
effect and be in force from and after its passa.,e.
Passed: April 9th, 1936
Attest:
City Clerk.
Appro ed�
Mayor.