HomeMy WebLinkAbout10024ORDINANCE NO. 10,024
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR
PAYMENTS OF PRINCIPAL AND SEMI - ANNUAL INTEREST AND
PAYING AGENTtS CHARGES DUE ON VARIOUS CITY OF LITTLE
ROCK BOND ISSUES, AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE
ROCK, ARKANSAS:
SECTION 1. There is hereby appropriated out of the various
funds of the City of Little Rock the sums of money as herein recited
for payment of the City's obligations on various bond issues due
February 1, 1956 and March 1, 1956, as follows:
February 1, 1956
3% AND 1 3/4% GENERAL OBLIGATION RIGHTS -OF -WAY STREET IMPROVEMENT
BONDS OF 1953 - HIGHWAY BOND FUND:
Maturing Principal
Semi- annual Interest
Paying Agent's Charges
$ 59,000.00
12,650.00
105.38
$ 71,755.38
2 3/4% AND 2% FIRE APPARATUS AND FIRE STATION BONDS OF 1953 - FIRE
DEPARTMENT BOND FUND:
Maturing Principal
Semi - annual Interest
Paying Agent's Charges
$ 38,000.00
7,355.00
65.89
$ 45,420.89
1 1/2% GENERAL OBLIGATION CITY LIBRARY BONDS - LIBRARY BOND FUND:
Semi - annual Interest 900.00
Paying Agent's Charges 2.25
902.25
1 1/8% GENERAL OBLIGATION GARBAGE DISPOSAL PLANT BONDS - GARBAGE
PLANT BOND FUND:
Semi - annual Interest 421.87
Paying Agentts Charges 3.75
425.62
2% AND 1 1/2% GENERAL OBLIGATION MUNICIPAL AIRPORT BONDS - MUNICIPAL
AIRPORT BOND FUND:
Semi - annual Interest $ 29605.00
Paying Agentts Charges 15.00
$ 2,620.00
. .. v
2 -
March 1, 1956
5% AIRPORT, HOSPITAL AND FIRE EQUIPMENT BONDS - 5% SINKING FUND:
Semi - annual Interest
Paying Agent's Charges
$ 1,625.00
4.o6
$ 1,629.06
2 1/2% FAIR PARK IMPROVEMENT BONDS - FAIR PARK BOND FUND:
Maturing Principal
Semi - annual Interest
Paying Agent's Charges
$ 3,500.00
256.25
8.50
J!'
3,764.75
SECTION 2. The Mayor and the City Clerk are hereby authorized
to issue the City's warrants on the respective funds and for the
respective amounts herein mentioned; and the City Clerk is hereby
authorized to make such arrangements as are necessary for the trans-
mittal of these funds to the proper paying agents to meet the due
date.
SECTION 3. This ordinance shall take effect and be in force
from and after its passage and approval.
PASSED: January 23, 1956
ATTEST:
W1 e,
City Clerk
APPROVED:
May