HomeMy WebLinkAbout8708' N
ORDINANCE N0. 8708
AN ORDINANCE APPROPRIATING VARIOUS SLIMS OF MONEY FOR PAYMENTS OF
MATURING PRINCIPAL, CALLED PRINCIPAL, SEMI - ANNUAL INTEREST, AND PAYING
AGENTS' CHARGES DUE AUGUST 1ST, 19513, ON VARIOUS CITY OF LITTLE ROCK
BO11D ISSUES, AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS:
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ZROTION 1. There is herehg 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, 1951, as follows:
Auditorium Bond Fund - 2% Municipal Auditorium Refunding Bonds:
Maturing principal $21,000.00
Called principal 109500.00
Semi - annual interest 39370.00
Paying Agent's charges -40.0-4
s ZL#
§34909 •
Library Annex Bond Fund - 4$ Addition to City Library Bonds:
Maturing principal 2,000.00
Semi- annual interest 3J+0.00
Paying Agent's charges .00
, 114-7 - 00
Negro Park Bond Fund - 4% Negro Park Bonds:
Maturing principal 1,500.00
Semi - annual interest 30.00
Paying Agent's charges 6.5o
s •
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
dates of August 1, 1951.
L SECTION 3. This ordinance shall take effect and be in force
from and after its passage.
PASSED: July 9, 1951.
ATTEST:
City Clerk
APPROVED:
A4 4
Mayor