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M M M M M M M M M M M A M M
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512
1 ORDINANCE NO. 17,844
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4 AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF
5 PROPERTY FOR CITY PURPOSES FOR THE YEAR 1999 FOR
6 VARIOUS FUNDS OF THE CITY OF LITTLE ROCK.
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9 NOW, THEREFORE, BE TT ORDAINED BY THE BOARD OF DIRECTORS OF
10 THE CITY OF LITTLE ROCK, ARKANSAS:
11 SECTION 1. The rate of taxation of real and personal property in the City of Little
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Rock, Arkansas for certain City purposes is hereby fixed, established and levied as follows:
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14 For general purposes in order to carry on the affairs of the City
15 Government under Section 4, Article 12 of and Amendment 10 to the
16 Constitution of Arkansas of 1874, there is hereby levied a tax of five (5) mills;
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18 For the purpose of paying bonds and interest as may be required for the
19 City of Little Rock, Arkansas, for Capital Improvement Bonds, approved at a
20 special election held on October 11, 1994, and issued on February 1, 1995,
21 there is hereby levied a tax of three and three tenths (3.3) mills;
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23 For the purpose of paying Policemen's Pensions in accordance with
24 provisions of Amendment No. 31 to the Constitution of the State of Arkansas,
25 a tax of one (1) mill;
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27 For the purpose of Paying Firemen's Pensions in accordance with the
28 provisions of Amendment No. 31 to the Constitution of the State of Arkansas
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30 adopted November 5, 1940, and Act 16 of the acts of the General Assembly of
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the State of Arkansas for the year 1941, a tax of one (1) mill;
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33 For the purpose of maintaining the City Library, in accordance with the
34 provisions of Amendment No. 30 to the Constitution of the State of Arkansas,
35 a tax of one and eight tenths (1.8) mills;
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® 513
For the purpose of paying bonds and interest as may be required for the
City of Little Rock, Arkansas, for Library System Capital Improvement Bonds,
approved at a special election held on July 27, 1993, there is hereby levied a
tax of one and nine tenths (1.9) mills.
SECTION 2. Since the City achieved equalization in 1989 under the provisions of
Amendment 59 to the Arkansas Constitution, the tax rates are the same for both real and
personal property.
SECTION 3. The City Clerk is hereby directed to transmit a certified copy of this
Ordinance to the County Clerk of Pulaski County so that the taxes recited may be extended on
the tax books of Pulaski County and collected with the other taxes for the year 1998.
PASSED: October 20, 1998
ATTEST:
ROBBIE HANCOCK
CITY CLERK
APPROVED AS TO FORM:
v .!' 'tLAv�g •� • G
THOMAS M. CARPENTER
CITY ATTORNEY
APPROVED:
1.
V
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