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ORDINANCE NO. 12,007
AN ORDINANCE SUBMITTING TO THE QUALIFIED VOTERS OF THE
CITY OF LITTLE ROCK, ARKANSAS, AT A SPECIAL ELECTION TO
BE HELD FEBRUARY 14 , 1968, THE QUESTION OF ISSUING
BONDS FOR THE PURPOSE OF DEVELOPMENT AND IMPROVEMENT OF
THE MUNI C I PAL FLYING FIELD.
WHEREAS, the municipal flying field of Tittle Rock, known as
Adams Field, the municipal airport, is now inadequate to meet the
rapidly expanding needs of the City for air travel and air freight,
and it is estimated that the cost to the City of.the immediately-
needed improvements of the airport will be $3,000,000; and
WHEREAS, the City can secure the money to make this improvement
by issuing.Airport Improvement Bonds under the provisions of Amendment
No. 13 to the Constitution of the State of Arkansas, provided the
proposed issue is approved by the qualified voters of the City; now,
therefore,
BE IT ORDAINED, by the Board of Directors of.the City of Little
Rock, Arkansas:
SECTION 1. That there shall be submitted to the qualified
Voters of the City of Little Rock at a special election to be held in
said City on February 14 1968, the question of issuing bonds in
the amount of $3,000,000 for the purpose of developing and improving
the municipal airport, said bonds to be dated as of February 1, 1968,
to be callable at the option of the City, and to mature serially on
February 1 of each year as follows:
$100,000
65,000
70,000
75,000
80,000
85,000
90,000
95,000
100,000
105,000
110,000
115,000
in
in
in
in
in
in
in
in
in
in
in
in
1971
1972
1973 and 1974
1975
1976
1977
1978 and 1979
1980
1981
1982
1983
1984
$125,000 in 1985
130,000 in 1986
135,000 in 1987
140,000 in 1988
150,000 in 1989
155,000 in 1990
165,000 in 1991
175,000 in 1992
180,000 in 1993
190,000 in 1994
205,000 in 1995
SECTION 2. That the question shall appear on the ballot for
said special election in substantially the following form: '
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For an issue of Airport Improvement
Bonds in the amount of $3,000,000 by
the City of Little Rock, Arkansas . . . . . . . . [ ]
Against an issue of Airport Improvement
Bonds in the amount of $3,000,000 by
the City of Little Rock, Arkansas . . . . . . . . [ ]
The bonds will be issued under authority of Amend-
ment No. 13 to the Arkansas Constitution for the purpose of
developing and improving the municipal airport by the construc-
tion of an airport terminal building and an air freight building
and related facilities. They will be callable at the option of
the City, and will mature serially on February 1 of the years
1971 to 1995, both inclusive.
SECTION 3. That said election shall be held and conducted and
the vote canvassed and the result declared under the law and in the
manner now provided for special municipal elections, so far as the same
may be applicable, and the Mayor of the City of Little Rock, Arkansas,
is hereby authorized and directed to give notice of the special election
by advertisement published weekly, once a week for four times, in a
newspaper published and having a bona fide circulation in the City of
..Little Rock, Arkansas, the last publication to be not less than ten
days prior to the date of said election, and only qualified electors
of the City shall have the right to vote.
SECTION 4. That the result of said election on said question
shall be proclaimed by the Mayor and his proclamation shall be published
one time in a newspaper published and having a bona fide circulation
in the City of Little Rock, Arkansas, and the result of said election
as proclaimed by the Mayor shall be conclusive unless attacked in the
courts within thirty days after the date of such proclamation.
SECTION S. That a copy of this ordinance be given to the Pulaski
County-Board of Election Commissioners, so that it may provide the
necessary voting precincts, supplies, and officials to conduct said
...election,
SECTION 6. That the City Board of Directors hereby finds and
declares that the present inadequate facilities of the municipal
airport for air- travel and air freight cause congestion of both
passenger travel and freight shipment, with resultant - delays and
For an issue of Airport Improvement
Bonds in the amount of $3,000,000 by
the City of Little Rock, Arkansas . . . . . . . . [ ]
Against an issue of Airport Improvement
Bonds in the amount of $3,000,000 by
the City of Little Rock, Arkansas . . . . . . . . [ ]
The bonds will be issued under authority of Amend-
ment No. 13 to the Arkansas Constitution for the purpose of
developing and improving the municipal airport by the construc-
tion of an airport terminal building and an air freight building
and related facilities. They will be callable at the option of
the City, and will mature serially on February 1 of the years
1971 to 1995, both inclusive.
SECTION 3. That said election shall be held and conducted and
the vote canvassed and the result declared under the law and in the
manner now provided for special municipal elections, so far as the same
may be applicable, and the Mayor of the City of Little Rock, Arkansas,
is hereby authorized and directed to give notice of the special election
by advertisement published weekly, once a week for four times, in a
newspaper published and having a bona fide circulation in the City of
..Little Rock, Arkansas, the last publication to be not less than ten
days prior to the date of said election, and only qualified electors
of the City shall have the right to vote.
SECTION 4. That the result of said election on said question
shall be proclaimed by the Mayor and his proclamation shall be published
one time in a newspaper published and having a bona fide circulation
in the City of Little Rock, Arkansas, and the result of said election
as proclaimed by the Mayor shall be conclusive unless attacked in the
courts within thirty days after the date of such proclamation.
SECTION S. That a copy of this ordinance be given to the Pulaski
County-Board of Election Commissioners, so that it may provide the
necessary voting precincts, supplies, and officials to conduct said
...election,
SECTION 6. That the City Board of Directors hereby finds and
declares that the present inadequate facilities of the municipal
airport for air- travel and air freight cause congestion of both
passenger travel and freight shipment, with resultant - delays and
i
hazards, and create an emergency; therefore, this ordinance is
necessary for the preservation of the public peace, health and
safety, and shall became effective without delay.
Passed; January 2 ,:1968.
APPROVED:
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Mayor