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HomeMy WebLinkAbout11686ORDINANCE NO. 11,686 AN ORDINANCE APPROPRIATING EIGHTEEN THOUSAND FOUR HUNDRED THIRTY ONE AND 70/100 DOLLARS ($18,431.70) FROM THE L965 CAPITAL BOND FUND FOR THE PURPOSE OF PAYING EXPENSES INCURRED IN THE SALE OF 1965 CAPITAL INPROVEMENT AND REFUNDING BONDS OF THE CITY OF LITTLE ROCK; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: WHEREAS, as a part of the sale of the 1965 capital improvment and refunding bonds of the City of Little Rock it was necessary to incur certain expenses; and, WHEREAS, by law, said expenses are to be paid from the proceeds of the sale of said bonds which proceeds are now in the possession of the City of Little Rock; and, WHEREAS, the expenses of sale as aforesaid are in the sum of Eighteen Thousand Four Hundred Thirty one and 70, /100 Dollars ($18,431.70), all of which expenses are due and payable. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. There is hereby appropriated from the 1965 capital bond fund the sum of Eighteen Thousand Four Hundred Thirty One and 70/100 Dollars ($18,431.70) for the purpose of paying various expenses duly incurred in connection with the sale of the 1965 capital improvment and refunding bonds of the City of Little Rock, Arkansas. SECTION 2. This Ordinance shall be in full force and effect from and after its passage and approval. PASSED: December 6, 1965 ATTEST :�44Lf�e city clerk o�o-y�