HomeMy WebLinkAbout4417ORDINANCE N0.4417 •
AN ORDINANCE APPROPRIATING THE SUM OF FORTY -ONE
THOUSAND THREE HUNDRED SEVENTY -SEVEN DOLLARS AND FIFTY CENTS
($41,377.50) FOR PAYMENT OF SEMI -AMAL IN72REST COUPONS ON
FUNDING BOND ISSUE OF MAY 1, 1925) AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK:
Section 1. That the sum of Forty-one ThouAleud
Three Hundred Seventy- ►seven. Dollars and Fifty Cents ($41,377.50)
be, and the same is hereby, appropriated out of the Bond and
Interest Fund of the City of Little Rook for payment of the
following indebtedness, due and payable at the Chase National
Bank of New York City:
Interest Coupons No. 7, Due May 1, 1929,
for emi -Annaal Interest on Funding Bonds
Nos. 72 to 1910, inclusive, dated May 12
1925,(Total Principal being $1,€39,000.00);
and the Mayor and City Clerk are hereby authorised to issue
warrant or warrants therefor, payable to the Peoples Trust
Company of the City of Little Rook, Arkansas, in such amounts
as may be deemed for the best interests of the City; the
Peoples Trust ComppW to remit the amount received to the Chase
National Bank of New York City for the purposes herein recited.
Section 2. 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ordinances in conflict herewith are hereby repealed and this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
passage.
Passed: April S, 1929•
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