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5095ORDINANCE 6.1-(- AN ORDINANCE AI.tTHORIZING T-HE ISSUANCE OF WARRANTS TO SECURE FUNDS TO MEET PAYROLLS OF THE CITY OF LITTLE ROCK FOR THE MONTHS OF OCTOBER, NOVEMBER �H � AND PROVIDIN'' FOR A BROKERAGE OR FISCAL AGENT'S FEE FOR THE NEGOTIATION AN 3' SALE OF SAID "JARRANTS, AND PROVIDING FOR THE RE- PAY1MENT OF SAID WARRANTS, AND FOR OTHER PURPOSES. WHEREAS, the City of Little Rock, during the year 1933,paid warrants which were outstanding as of Janu- ary 1, 1933, in a sum in excess of X50,000.00, being a floating; debt of said City of Little Rock from year to year; and `,`HEREAS, it is ascertained and declared by the City Council of the City of Little Rock that the revenues —7-- of said City for the year 1933 are ample and sufficient to pay and discharge in full the expenditures of said City of Little Rock that have already been made, or that are necessary to be made during the year 1933, and that the expenditures of the City of Little Rock for the year 1933 are well within its revenues for said year; and HEREAS, on account of the payment of warrants outstanding as of January 1, 1933, out of revenues of the "' �,. City collected during the year 1933, the City is now with- out funds with which to meet its payrolls for the months of October, November ax'd. December, 1933; and WHEREAS, it is necessary that arrangements be made immediately to provide funds with which to make payroll� City officers and employees for the months of October, November And - --Ue-eember, in order to preserve the City government. ORDINANCE AN ORDINANCE A(.iTHORIZING lLL 7 ISSUANCE OF WARRANTS TO SECURE FUNDS TO P,EET PAYROLLS THE CITY OF LITTLE a� ROCK FOR THE MONTHS OF OCTOBER., NOV -EMBER F��AND PROVIDIN-F POR A BROKERAGE OR FISCAL AGENT'S FEE FOR THE NEGOTIATION AN:� SALE OF SAID : "7ARRANTS, AND PROVIDING FOR THE RE- PAY114ENT OF SAID V ARRANTS, A:TD FOR OTHER PURPOSES. WHEREAS, the City of Little Rock, during the year 1933,paid warrants which were outstanding As of Janu- ary 1, 1933, in a sum in excess of 50,000.00, being a floating debt of said City of Little Rock from year to year; and "1HEREAS, it is ascertained and declared by the City Council of the City of Little Rock that the revenues of said City for the year 1933 are ample and sufficient to pay and discharge in full the expenditures of said City of Little Rock that have already been made, or that are necessary to be made during the year 1933, and that the expenditures of the City of Little Rock for the year 1933 are well within its revenues for said year; and ",—REAS, on account of the payment of warrants ,ate outstanding as of January 1, 1933, out of revenues of the City collected during the year 1933, the City is now with- out funds with which to meet its payrolls for the months of October, Novomber aiad December, 1933; and WHEREAS, it is necessary that arrangements be made immediately to provide funds with which to make payroll,s,_t,p City officers and employees for the months of October, November .and--- .Deaemberr, in order to preserve the City government. THEREFORE BE IT ORDAINED BY THE CITlY COUNCIL OF THE CITY OF LITTLE ROCK: Pa, :e 2. Section 1. That the Mayor and the City Clerk be, and they are hereby authorized and directed to issue warrants payacle to the City Treasurer, or order, in the following sums to meet payrolls of the City of Little Rock, as follows: Payroll due October 31, 1933, Payroll due November 15, 1933, Payroll due November 30, 19330 X7656.53 7605.25 4738.22, said warrants to be due and payable on or before February 10, 1934. Section 2. Said City Treasurer is hereby authorized and directed to negotiate and sell said war- rants at par in order to obtain funds vrith which to meet the payrolls aforesaid, and in effecting; said negotiation and sale of said warrants, said City Treasurer is author- ized and empowered to pay a brokerage commission or fiscal agent's fee in any amount not to exceed one -half of one per cent per month of the par value of said warrants, pay- able monthly during the period said warrants, or any of them, may be outstanding. Section 3. To secure the payment of said war- rants, and to provide funds out of which said warrants may be promptly paid, all revenues collected and received by the City of Little Rock. from privi.le -e tax collections for the year 1934, are hereby pledged, set aside and separately held for the re- pa,-ment of said warrants and brokerage com- missions and fiscal agent's fees for negotiating the sale thereof. Section 4. The City Collector shall pay over to the City `'reasurer all privilege taxes collected by him dur- ing the year 1934, and sa-llid City Treasurer shall keep said privilege taxes in a separate fund, and same shall not be used for any other purpose than the payment of said warrants and the brokerage commissions and fiscal agent's fees for negotiating the sale of same until said warrants and broker- age commissions and fiscal agent's fees have been redeemed Page 3o and paid in full. If, for any reason, sufficient privilege tax has not been collected to pay said warrants, at their maturity date, then same shall be due and payable out of any other general revenues of the City of Little Rock collected during the year 1934. Section 5. Should any officer of the City of Little Rock fail or refuse to comply with the pro- visions of this ordinance, or violate any of the pro- visions of same, said officer shall be deemed guilty of a misdemeanor,and upon conviction,fined in any sum not to exceed w500.00, and may be removed from office. Section 6. The holder or holders of said warrants, or any one cf same, may enforce the provis- ions of this ordinance by mandamus, or any other legal remedy provided by law. Section 7. The City of Little Rock hereby covenants and agrees that the privilege tax ordinance shall remain in full force and effect, and shall not be repealed until said warrants have been retired and paid in full. Section 8. It is hereby ascertained and de- Glared that the failure of the City of Little Rock to meet its payrolls to its officers and employees in its various departments has created a state of uncertainty and confusion among the officers and employees of the different departments of said City to the extent that the performance of their duties is seriously jeopardized and impaired, and the peace, health and safety of the citi- zens of Little Rock isthereby endangered by failure of said departments of the City government to function to their fullest efficiency, and the failure on the part of the City to make said payrolls has also resulted in serious handicap and hardships upon said officers and employees, and the efficiency and stability of the City government can only be restored by an immediate payment Page 4. of the salaries which are now past due to said officers and employees, and making provision for the payment of aalaries that are to become due during the remainder of the year 1933.? Therefore an emergency is hereby declared to exist, and this ordinance shall take effect and be in force from and after its passage. ..,ea'��s ryh Approved: Mayor o � CITY OF LITTLE ROCK Date ROLL CALL —CITY COUNCIL — OFFICIAL YEAR 1932 -1933 .Names WARDS of Aldermen Long Term First Votes II -IN Phone I Aye O F WARD Terral, Floyd I II - 4_2020 — y II Harper E. Harb Leiser, H. G. CITY ATTORNEY II II SECOND WARD Tuohey. J. H I II — TH WARD ::,:�..�r -cam- I II - FOURTH WARD Winder, Ray James Lawson _ FIFTH WARD Olive, A. Turner, Roy C. II I II — Duttlinger, C. H. S I H WARD CHIEF OF FIRE DEPARTMENT II II — SEVENTH WARD Wherry, Geo. R. Adams, George G. 14) % / I I II I� — _ EIGHTH WARD Conner, Mrs. C. C. Fisher, Merlin V, �3 I IJ t —— II Scougale, A. 1 MILK AND DAIRY INSPECTOR II 5402 NIN WAP.:r Xaluddq OFFICERS AND DEPART- pttice REMAKlia CITY MENT HEADS Phone I MAYOR (` Horace A. Knowlton II 4 -8416 1I - — CITY TREASURER II II Oscar D. Hadfield 4_2020 — MUNICIPAL JUDGE II II Harper E. Harb 4 -3886 V CITY ATTORNEY II II Linwood L. Brickhouse 4 -1123 — CITY CLERK I1 John L. Krumm 9613 — CITY COLLECTOR II CITY 4 -1298 i James Lawson CHIEF OF POLICE II II J. L. Bennett 4 -1234 CHIEF OF FIRE DEPARTMENT II II Charles S. Hafer 4_2851 CITY HEALTH OFFICER II II Dr. V. T. Webb 5402 CITY VETERINARIAN II II Dr. T. M. Dick 5402 II MILK AND DAIRY INSPECTOR II 5402 Geo. D. Ellis 11 CHIEF FOOD INSPECTOR 5402 II Ewell Hopkins MEAT INSPECTOR MEAT II 6485 A. F. Coots PLUMBING INSPECTOR II E. L. Gruber 4 -3000 -- CITY ELECTRICIAN I! 4 II Lester E. Newland I -3508 - CITY ENGINEER II II W. H. Marak 4 -3000 SUPT. —PARKS 111 R disiANITATION 6813 II SUPT. CITY HOSPITAL II 7161 I II — H. K. Ford CITY LIBRARIAN II II Miss Vera Snook 8932 INSPECTOR WEIGHTS 8c MEASURES 11 II J. E. Nothwang I I 4 -3508 SUPT. AIRPORT 4 -4460 Joseph A. Young )ff ?cial term of Mayor, City Treasurer, Municipal Judge and appointive officers, expires in April, 1933; City Attorney and City Clerk in April, 1934. 3 JEDW (Over) 3TATE. OF A;(KAA SAS COUNTY Of PULA SKI CITY OT LITTLE ROCK) S. B. GERTI F'I CAM I, John L.Krumm,01ty Clerk of the City of Little Rock do hereby certify that I am the duly elected City Clerk of said City as and from April 5th,1932, and I do further certify that the attached document Is a. true and correct copy of an extract of the Minutes of a special galled meeting of the city Council of the city of Little Fock,convened for the nurpose of consideration of a propositionto finance the City for the remainder of the current fiscal yea.r,and further consideration of any and all measures that may be presented,necessary to suab financing, said special called meeting being held on November 29th,1973,subsequent to slue notice being given in writing and acceptezee in writing having, been taken in due form, from ,seventeen Aldermen, said number being; a total and €all of the Aldermen elect of said City Council,an:d I ado further certify that said extract of said minutest of said special celled meeting now appear of record in "Council Record Book X, Ci ty of Little mock, and that said ORecord X" is now an file In the office of the City Clerk of the City of Little mock subject to inspection by the :public and any and a11 parties interested. IN t'ITNE133 'Iffi;a nOF, I have hereunto set my hand and seal of office as such City Clerk of the City of uittl+e Rock on this the lot day of December, 1933• ty Miry.- Council Record Book *10 City of Little Rock. Mayor's Office, Little Rock, Ark. 7:00 P.m- Nov.29th,1933- The City Council met pursuant to call, I Pyor Eorace A- Knowlton presiding and the following Aldermen present: Terral,Pickens, Leieer, Tuohey, Qraig,'sinder,Glive, TurnertDuttlinger, Wherry, P,:dams,Xre. Conner, Fi Sher, Saougals and x rwin. -- To j ;al 15. Absent: Wassell and Francis ------ Total 2. There being a. quorum present, a.nd it being so announced by the Chpirmsn, the following proceedings were had. The following call for the special called meeting w&e then presented, said call reading as follows: Little dock, Arkansas. November ?8th01933. To the members of the City Council fit, of the City of Little Ebck,Arkansas. A special meeting of the City Count is hereby called for seven o'clock P.k. {7:03 P.M.) Wednesday, November 29th,19z3 for the purpose of consideration of a preposition to finance the City for the remainder of the current fiscal year,and further consideration of any end all meas- ures that may be presented,neo•eeary to rach financing. (signed) • Ii.A. gnowl.tOno k-ayor. Cue notice of above cr -11 iq hereby accepted. Floyd Torral A. Clive Jack Pickens Ceo.G. Adams J R Tuohey C .H . Dut tlinger C B Irwin Goo J Francis Chas J Craig Mrs C C Conner Ray winder Merlin Fisher R C Turner Ceo R sherry Renry 0 Leiser A scaugal o A Western Union Telegram f"m washing ton, D.C. dated November 29th,119 33 signed by Alderman gam V Wassell.addressed to 1i.A.Knovlton,14ayor9 was read into the record, raid telegram being an acceptance of notice Of special meeting reading as follows: A Take this telegram as acceptance of notice of speolal meeting City Council this night and I give my assent to passage of any necessary measures in connection with financing City Bills and Payrolls remainder of year. '� Mayor Knowlton then RMIOUnced that the financial Pl lr' Mentioned in thp- Calls to be prevented to the Council, hfr-�4d been discusned by ilia With the Chairman of the F-inamce Committee, Alderm8M r,"uOheYs who hpd suggested that such mc.tter be taken up by the Council as a CO=ittee Of the Whole, to be considered in exemitive session, and, UPOn motion of Xlderman Adams, the mOtIon that the Oou, adop t ed. 1cil recess for such purpose was un�jnjmously (Recess) Following recess and adjourmnerit of the Committee F., , - hole, ,jyor Knowlton reconvened the Council in regular session, the following Aldermen responding to the roll crUl: Terrals Pickens, Leiser, Tuohey, Oraig, Winder, Ulives Tiirner# Duttlin6ero Wherry, Ada-me, Mrs. Conners Fisher, 80cragale, and Erwin - t0t,'I 15; Absent - Wassell and Francis-, totpl 2. There being a Quorum present, and it being 80 n�rtllounced by the Chn.irrinn, the following proceedirge were had: 4 Aldern,an Tuohey reported that t-,-,,e 00un0iIj meeting as a Comwittee of the ',"hole, had duly considered the financial PlPn presented, to pay bilks ;Rnd pay rolls for the remainder of the current fiso'al year, ,,-nd had u-nnilirilous- ly ooncrirred in the adoption of the PTOPOsition submitteds Pnd recopii�.,ended the passe Of the following; ordirua..'ac'es cued resolutions in furtherance of such finnncial plan. Upon motion Of Alderman Wherry the recomamendation, of the 00ramittee of the Wh-ole ras unanimously adopted by those present, the roll call upon the motion to r-Aopt being ax, follows.. Ayes Terral, Pickens, Leiner, Tuohey, ,:raid;, '14inder, Olive, Turner$ Duttlingert Wherry, Adams, kre. co4l_rjers Fisher, SCOugale, and Ervin - total 15• NOeG - none; Absent and not voting — "'Inssell and Francis — tot '---1 2. Tkors m►s then prestnted Ordinance .No. 5095, entitled: AN ORUINANCZ AUTHOPI7.IRG THE ISSUARCF OF WARRANT- TO 13L- C,11FT,' FUND* TO DEBT PAYROLL$ Of TRL CITY OF LITTLE ROCt FOR THE MONTHS OF OQTQBr R, SOUNDER AND i3FCgiSIR, AND PROVIDING FOR A BROURAGE OR FISCAL AGENT'S FEIN FOR TH NEGOTIATION AND SALK OF SAID IvA.RRANTS, AND 0VIUING FOR TP? , R - PAYVENT OF SAID WARRANTS, AND FOR OTRF`R PURPO' -Z$. Which ordinance was read the first tim and by unanimous vote of the members of the Council present, being fifteen in number and more than two - thirds of the members of the Council elect, upon motion of Alderman Leiser, seconded by Alderman Duttlinger, the rules were suspended and the ordinance read the second Lint, iind, by unanimous vote of the Members of the Council present, being fifteen in number and more than two- thirds of the members of the Council elect, uponn motion of .Ald#rmsn Duttlinger, seconded by Alderman Lei aer, the rules were ggain suerended and the ordi- nance read the third and last time and the aye and no vote taken upon the question, :3hai1 the ordin &noes pv.ss, the result being; �is follows: Ayes - Terral, Pickens, Leiser, Tuohey, Craig, `finder, Olive, Turner, Uuttlinger, ',berry, A.aams, Mrs. Conner, Fisher, Raougale, and Erwin - total 15; Roes - none; Absent and not votin g: - 4assell and Tr�nncis - total 2. rheretupon, s, id ordinance was dealbred osseed. The emtrgtaoy sections being Section 8 of Ordinance Sao. 5095, entitled: AN ORDIVAN'CF AU'1HORI x ZING THE I S )ANC1 OF WARBANT13 TO 'LCUR4 FUNDS TO I&VT PAYROLLS OF 7FT CITY OF LITTLE ROCK FOR THL MONTPS OF 00TOBFR, NOVEMBER AND DICE R, &ND PROVIDING FOR A BROKERAGI OR FI SCLL AOERY''S FLE FOR TIE NYGOTIATION AND SALE OF SAID WARR"XTS, AND PPOVIDI RG FOR THE ..rAvY1T.%T OF !AID TARV'AVT' , A177D FOR 0TF R rUPPOW S; re s reed, and a Droll call being ordered, same was adopted by the following vote :: Ages - Terrel, 'Pickens, Leiser, Tuobey, Craig, 'cinder, Olive, Turf er, Uuttlinger, 7berry, f.dpm$, Sere. Canner, Fisher, Scougble tad Trwin - totpl 15; Noes -- none, Aboont end not voting - Tasseh and Francis - total 2. STATE OF ARKANSAS COUYTY OF PULASKI CITY OF LITTLE ROCK) S.S. CERTIFICATE. I. John L.Krumm City Clerk of said City aforesaid, do hereby certify that I am the duly elected City Clerk of said City as and from April 5th, 1932, and I do further certify that the attached copy of Ordinance -,,Io, 5095 duly passed by the City Council of the City of Little Rock convened in a, special called meeting for the purpose of consideration of a. proposition to finance the City for the remainder of the correct fiscal year, and fur- ther consideration of any and all measures that may be presented,ilecessa.ry to such financing, on 'aovember 29th,1933, is a true and correct copy of said ordinance, and said ordinance now appears of record in " Ordinance Record Number 10,City of Little Rock ", and the original copy of said ordinance and said Ordinance Record Yumber 10 are now on file in the office of the City Clerk of the City of Little Rock subject to inspection by the public and any and all parties interested, 1N FITNESS WHEREOF, I have hereunto set my hand and seal of of,*ice as such City Clerk on this the let day of Oecember,l93 ". City Clerk.