5265ORDINANCE NO. 5265
AN ORDINANCE APPROPRIATING $23,796.23 FOR PAYMENT OF
MATURING PRINCIPAL, INTEREST AND SERVICE CHARGES OF 5` %o IMPROVEMENT
BONDS (AIRPO:1T, FIRE EgUIPMENT AND HOSPITAL) DATED NOVE-hr.BER 1, 1929,
DUE SEPTEUBER 1, 1935 VARIOUS, OF THE CITY OF LITTLE ROCK, AND FOR
OTHER PURPOSES.
ROCK:
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE
Section 1. That the sum of $23,796.23 be, and the same is
hereby, appropriated out of the %o Sinking Fund for payment of the
following indebtedness of the City of Little Rock, due and payable at
the office of Halsey, Stuart and Company, Chicago, Illinois on
September 1, 1935:
Maturing principal
Semi — annual interest at 5;% per annum
on $510,000 outstanding bonds
Service Charges
Paying September 1, 1935 principal Nos.
46 to 56, Incl. — 1/8 of 116' of $11,000
Paying September 1, 1935 interest —
1/ 4 of 10,,o of $12,750-00
Postage — Period from January to July
1935, Incl.
Total amount due
$11,000.00
12,750.00 $23,750.00
13.75
31.88 45.63
_ .6o
$23,,796.23
and the Mayor and the City Clerk are hereby authorized to issue a warrant
therefor, payable to tale Peoples National Bank, for the purposes herein
recited, of such maturity, interest and service charges as they dee:,, for
the best interests of the City.
Section 2. That the City Treasurer is hereby directed to forward
to the Halsey, Stuart and Company of Chicago, Illinois, out of the %o
Sinking Fund, the sum of $11,000.00 to pay the maturing principal of 5o
Improvement Bonds (Airport, Fire Equipment and Hospital) numbered 46 to
56, inclusive, and $12,796.23 to pay interest and servicecharges, same
being due and payable at the office of Halsey, Stuart and Company of
Chicago, Illinois on September 1st, 1935.
Section 3. That this ordinance shall take effect and be in
force from and after its passage.
Passed: August 26th, 19 '15
Attest:
City Clerk.
Ap
r
Mayor.