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HomeMy WebLinkAbout10855ORDINANCE NO. 10,855 AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF PROPERTY FOR CITY PURPOSES FOR THE YEAR 1958 FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: 1 SECTION 1. That the rate of taxation on real and personal CO c property in the City of Little Rock for certain City purposes for the year 1958 be and the same is hereby fixed and established and o levied as follows: For General purposes in order to carry on the affairs of the City Government under Section 4, Article 12 of and Amend- ment 10 to the Constitution of Arkansas of 1874, there is hereby levied a tax of Five (5) mills. For the purpose of paying bonds and interest of the City of Little Rock for General Obligation Rights -of -Way Street Im- provement Bonds, issue of February 1, 1953, a tax of One and Fifteen One- Hundredths (1.15) mills. For the purpose of paying bonds and interest for the City of Little Rock General Obligation Municipal Airport Bonds, issue of January 31, 1955, a tax of Ninety One- Hundredths (.90) of a mill. For the purpose of paying bonds and interest for the City of Little Rock General Obligation Library Improvement Bonds, issue of January 1, 1958, a tax of Two and Ninety -Five One - Hundredths (2.95) mills. For the purpose of paying Policemen's Pensions, in accordance with the provisions of Amendment No. 31 to the Constitution of the State of Arkansas, a tax of one (1) mill. For the purpose of paying Firemen's Pensions, in accordance with the provisions of Amendment No. 31 to the Constitution of the State of Arkansas, adopted November 5, 1940, and Act 16 of the Acts of the General Assembly of the State of Arkansas for the year 1941, a tax of Two Tenths (.2) of a mill. For the purpose of maintaining the City Library, in accordance with the provisions of Amendment No. 30 to the Constitution of the State of Arkansas, a tax of One (1) mill. SECTION 2. The City Clerk is hereby directed to transmit a certified copy of this Ordinance to the County Clerk of Pulaski County to the end that the taxes herein recited may be extended on the tax books of Pulaski County and collected with the other ti • -2- taxes for the year 1958. SECTION 3. Action under the terms of this ordinance is immediately necessary if the public health program, policy and protection be not seriously curtailed, and as such curtailment would result in endangering the health, lives and property of the citizens of Little Rock, and this ordinance being necessary for the public peace, health and safety of the citizens of Little Rock, an emergency, therefore, is hereby declared to exist and this Ordinance shall take effect and be in force from and after the date of its passage. PASSED: October 6, 1958 ATTEST: �E / APPROVED; W 1' City Clerk