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HomeMy WebLinkAbout4506c. --?!;, NO. 45o6. ,, AN ORDINANCE AMENDING ORDINANCE NUMBER 4430 OF THE ORDIUNCES THE CITY OF LITTLE ROCK,PASSED MAY 20,1929• BE IT ENACTED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK: otion 1. That Ordinance #4430 of the Ordinances of the City of Little Rock be and the same is hereby amended by the Section 1 -A. addition of the following section thereto: "/That the City Treasurer is hereby directed to deposit the Thirty Seven Thousand Five Hundred ($37,500) Dollars received from the sale of Kavanaugh Field in some bank or banks in the City of Little Rock who will pay interest on said deposit at the rate of Three (0) per cent on daily balance in said bank and that said bank or banks will furnish proper security to the City Treaswer guaranteeing the safe keeping of said funds while on deposit in said bank or banks.N Section 2. This ordinance shall take effect and be in force from and after date of its passage. Passed: November 15,'1929. Attest Approved