HomeMy WebLinkAbout8964I . 4'4 t
ORDINANCE N0. 8961.
AN ORDINANCE APPROPRIATING THE SUM OF $636,028.21 FOR
PAYMENTS OF MATURING PRINCIPAL, CALLED PRINCIPAL, SEMI-
ANNUAL INTEREST, AND PAYING AGENT'S CHARGES DUE AUGUST
1ST, 1952, AND SEPTEMBER 1ST, 1952s ON VARIOUS CITY OF
LITTLE R,9PX B0ND 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 requirements
due August 1st, 1952, and September 1st, 1952, as follows:
Auditorium Bond Fund - 2/ Municipal Auditorium Refunding Bonds:
Maturing principal
Called principal
Semi - annual interest
Paging Agent's charges
21,500.00
284,000.00
3,055.00
313.14
$308,868.74
Library Annex Bond Fund - 4$ Addition to City Library Bonds:
Maturing principal
Semi - annual interest
Paging Agent's charges
2,000.00
100.00
7.00
$ 2,107.00
5% Sinking Fund - Airport, Fire Equipment and hospital Bonds:
Maturing principal
Semi - annual interest
Paging Agent's charges
24,000.00
5,9 .81
$ 29,969.81
Fair Park Bond Fund - 22f Fair Park Improvement Bonds:
Semi - annual interest 375.00
Paying Agent's charges 5.00
380.00
Park Bond Fund - 1 -3114 Park Improvement Bonds:
Called principal $291,000.00
Semi - annual interest 3,403.75
Paging Agent's charges 299.51
$294x703.26
A J8,11^
2
SECTION 2. The Mayor and City Clerk are hereby authorized
to issue the Cityts warrants on the respective funds and for the
respective amounts and purposes herein mentioned; and the City Clerk
is hereby authorized to make such arrangements as are necessary for
the tra nsmittai of these funds to the proper paying agents to meet
the due dates of August 1st, 1952 and September 1st, 1952.
i
SECTION 3. This ordinance shall take effect and be in force
from and after its passage.
PASSED: July 28, 1952
FAIR