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HomeMy WebLinkAbout9035ORDINANCE NO. 9035 AN ORDINANCE APPROPRIATING $76,767.50 FOR PAYIJENT OF TaTURING PRINCIPAL AND SEIJI- ANIIUAL INTEREST COUPONS ON REFUNDING BOND ISSUE OF NOVEIriBER 1, 1938, AND PAYING AGENTtS CHARGES THEREFOR, AND FOR OTHER PURPD3ES . BE IT ORDAINED BY TIME CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the sum of $76,767.50 be and the same is hereby appropriated out of the Bond and Interest Fund of the City of Little Rock for payment of the following in- debtedness on the Cityts Refunding Bond issue, of November 1, 1938 due and payable at the Chase National Bank, New York City, on November 1, 1952: Maturing principal on Refunding Bonds, issue of November 1, 1938, $75,000.00 Semi- annual interest on Refunding Bonds, issue of November 1, 1938, 1,687.50 Paying agentts chargQs, 80.00 TOTAL $ 76,767.50 SECTION 2. The Mayor and City Clerk are hereby authorized to issue the Cityts warrant or warrants therefor, drawn on the Bond and Interest Fund, for the purposes herein recited. SECTION 3. The City Clerk is hereby authorized to make such arrangements as are necessary for the transmittal of these funds to the Chase National Bank to meet the due date of November 1, 1952. SECTI`)N This ordinance shall take effect and be in - force from and after its passage. PASSED: October 13, 1952. ATTEST l City Clerk. TvIayor. .