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ORDINANCE NO. 9741
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENTS OF
PRINCIPAL AND SEMI- ANNUAL INTEREST AND PAYING AGENT'S 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, 1955 and March 1, 1955 as follows:
February 1, 1955
3% AND 1 3/4% GENERAL OBLIGATION RIGHTS -OF -WAY STREET IMPROVEMENT
BONDS OF 1953 - HIGHWAY BOND FUND:
Semi - annual Interest $12,650.00
Paying Agent's Charges 31.63
$12,681.63
2 3A% AND 2% FIRE APPARATUS AND FIRE STATION BONDS OF 1953 -
FIRE DEPARTMENT BOND FUND: .
Semi - annual Interest 7,355.00
Paying Agent's Charges 18.39
7,373.39
12% GENERAL OBLIGATION CITY LIBRARY BONDS - LIBRARY BOND FUND:
Semi- annual Interest 900.00
Paying Agent's Charges 2. 25
902.2
March 1, 1955
5% AIRPORT, HOSPITAL AND FIRE EQUIPMENT BONDS - 5% SINKING FUND:
Semi - annual Interest $ 44000.00
Paying Agent's Charges 10.00
$ 00-05_
22% FAIR PARK IMPROVEMENT BONDS - FAIR PARK BOND FUND:
Maturing principal 3,500.00
Semi - annual Interest 300.00
Paying Agent's Charges 8.50
3408-56—
56—
SECTION 2. The Mayor and the City Clerk are hereby authorized
to issue the City's warrants on the respective funds and for the respec-
tive amounts herein mentioned; and the City Clerk is hereby authorized
to make such arrangements as are necessary for the transmittal 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 17, 1955
ATTEST: ��1j,' C�i`Gl?.?if,?J•
City Clerk.
APPROVED:
Mavor