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ORDINANCE N0. 8719
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENT OF
MATURING PRINCIPAL, SEMI - ANNUAL INTEREST, AND PAYING AGENTS'
CHARGES DUE SEP'T'EMBER 1ST, 1951, 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 requirements due September 1st, 1951, as follows:
5% Sinking Fund - Airport, Fire Equipment and Hospital
Bonds:
Maturing principal $23,000.00
Semi- annual interest 6,500.00
Paying A ent t s charges e
s
5 .00
Total §29 , I_ .0
Fair Park Bond Fund - 2-21-'/o Fair Park Improvement Bonds:
Semi- annual interest 2,
� 0 �{.1 5
Paying Agent's charges 5.00
Total T 417-50
Park Bond Fund - 1-3/4% Park Improvement Bonds:
Semi - annual interest $ 3,500.00
Paying agent's charges X8.75
Total 3, 0 ,7
SECTION 2. The Mayor and City Clerk are hereby authorized
to issue the City's 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 transmittal of these funds to the proper paying agents to meet
the due date of September 1, 1951.
SECTION 3. This ordinance shall take effect and be in
force from and after its passage.
PASSED: rAugust 6, 1951
ATTEST: 1
City Clerk.
APPROVED:
Mayor.
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