HomeMy WebLinkAbout8577ORDINANCE NO. 8577
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PA)11 E'NTS OF
PRINCIPAL AND SEMI- ANNUAL INTEREST AND PA=TG AGENT'S CHARGES DUE
FEBRUARY 1, 1951 AND MARCH 1, 1951 ON VARIOUS CITY OF LITTLE ROCK
BOND ISSUES, AND FOR OTHER PURPOSES.
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BE IT ORpAINED 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 issues due
February 1, 1951 and March 1, 1951 as follows:
MUNICIPAL AUDITORIUM 2% REFUNDING BONDS - AUDITORIUM BOND FUND:
Semi- annual interest
Paying Agent's Charges
$3,370.00
8. 4
J+a ADDITION TO CITY LIBRARY BONDS - LIBRARY ANNEX BOND FUND:
Semi - annual interest
Paying Agent's Charges
140.00
_ 5.00
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4% NEGRO RECREATION PARK BONDS - NEGRO PARK BOND FUND:
Semi- annual interest
Paying Agents Charges
30.00
5.00
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5% AIRPORT, HOSPITAL AND FIRE EQUIPMENT, BONDS 5 SINKING FUND:
Semi - annual interest
Paying Agent's Charges
$6,5oo.00
16.25
2l� FAIR PARK IMPROVEP:'ENT BONDS - FAIR PARK BOND FUND:
Maturing principal
Semi- annual interest
Paying Agent's Charges
1 -3/4% PARK IMPROVEMENT BONDS
$3,000.00
450.00
8.00
Semi - Annual interest (Coupon No. 3 $3,500.00
Paying Agentfs Charges 8.75
$3,506-75-
SECTION 2. The Mayor and the City Clerk are hereby
authorized to issue the City's warrants on the respective funds
f -;4- K 1, r
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and for the respective amounts 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.
SECTION 3. This ordinance shall take effect and be in
force from and after its passage and approval.
PASSED: January 15, 1951
ATTEST:
City Clerk
APPROVED:
Mayor