HomeMy WebLinkAbout8753ORDINANCE NO. 8753
AN ORDINANCE APPROPRIATING 035,466.08 FOR PAYP.MTT
OF IVIATURING PRINCIPAL AND SEMI - ANNUAL INTEREST
COUPONS ON REFUNDING. $()� ISSUE Vii',, .WOVEMBER 1, 1935,
$ " " 'SEMI~- ANNUAL INTER .99'T ON REFUNDING BOND ISSUE OF
NOVEMBER 1, 1938, AND PAYING AGENT'S CHARGES THEREON,
AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE
ROCK, ARKANSAS:
SECTION 1. That the sum of 035,466.08 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 City's 4e Refunding Bond issues of November
1, 1935 and November 1, 1938, due and payable at the Chase
. Xational Bank, New York Cif , on November 1, 1951:
Maturing principal on Refunding Bonds,
issue of November 1, 1935, 033,000.00
Semi - annual interest on Refunding
Bonds, issue of November 1, 1935, 742.50
Semi - annual interest on Refunding
Bonds, issue of November 1, 1938, 1,687.50
Paying agent ►s charges, 36.08
TOTAL 35,466.08
SECTION 2. The Mayor and City Clerk are hereby author -
ized to issue the City's warrant or warrants therefor, dram 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, 1951.
SECTION 4. This ordinance shall take effect and be in
force from and after its passage.
PASSED: October 8, 1951
ATTEST-
City Clerk
APPROVED:
Mayor