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HomeMy WebLinkAbout4090i-41 ; ORDINANCE N0. 4090, AN ORDINANCE APPROPRIATING $ 44 ,975.00 FOR PAYMENT OF LNTEMST COUPONS AND A PORTION OF THE PRINCIPAL ON $1,910,000.00 FUNDING BOND ISSUE, AND FOR OTHER PURPOSES. Brit- ORDAINED BY THE CITY 06",' CIL OF THE CITY OF LITTLE RACK, , ARKANSAS: Section 1. That the sum of 0 44,975.00 be, and the same is, hereby appropriated out of the Bond and Interest Fund for payment of the following indebtedness of the City of Little Rock, due and payable at the Chase National Bank, of New York City, November 1, 1926: Interest Coupons No. 2 for Six (6) Months Interest on Funding Bonds Numbered Ito 1910, inclusive, dated May 1, 199 ,,totaI principal being 1,910,©00;00, amount of said Interest being ...................... 42,97540, Funding Baads Nos. 1 and 2, for $ 1,000.00 each ..................... 2.000.00: making a total of Forty -four Thousand, Nine Hundred and Seventy - five Dollars ($44,975.00),; And, the Mayor and City Clerk are hereby authorized to issue warrant or warrants therefor, payable to W. B. Worthen Company, for the purposes herein recited, in such amounts and of such maturities as they may deem for the best interests of the City. Section 2. All ordinances or parts of ordinance in confliot herewith are hereby. repealed and this ordinance eh a1 take effect and be in force from and after its passage. Passed: October 11, 1926. Attest: City Clerk. proved: mayor