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ORDINANCE NO. 9582
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.
HE 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 August 1, 1954 and September 1,
1954 as follows:
August 1, 1954
4% ADDITION TO CITY LIBRARY BONDS - LIBRARY ANNEX BOND FUND:
Maturing Principal
Semi - annual Interest
Paying Agent's Charges
$ 1,000.00
20.00
6.00
X1,026 00
3% AND 1 3/4% GENERAL OBLIGATION RIGHTS- OF-YAY STREET IMPROVEMENT
BONDS OF 1953 - HIGHWAY BOND FUND:
Semi - annual Interest
Paying Agent'a Charge
$12,650.00
31.63
412,68l.-6T
2 3/4% AND 2% FIRE APPARATUS AND FIRE STATION BONDS OF 1953 -
FIRE DEPARTMENT BOND FUND:
Semi - annual Interest
Paying Agent's Charges
$ 7,355.00
18.39
1 1/2% GENERAL OBLIGATION CITY LIBRARY BONDS:- LIBRARY BOND FUND:
Semi - annual Interest $ 900.00
Paying Agent's Charges 2.25
$
902.26
September 1, 1954
5% AIRPORT, HOSPITAL AND FIRE EQUIPMENT BONDS - 5% SINKING FUND:
Maturing Principal
Semi - annual Interest
Paying Agent's Charges
$27,000.00
4,675.00
45.44
1,7 0.44
2 FAIR PARK IMPROVEMENT BONDS - FAIR PARK BOND FUND:
Semi - annual Interest
Paying Agent's Charges
$ 300.00
5.00
$ 305.00
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 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: July 12, 1954
ATTEST APPROVED: