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HomeMy WebLinkAbout8270ORDINANCE NO. 8270 AN ORDINANCE APPROPRIATING #5,323.28 FOR PAYMENT OF SEMI- ANNUAL INTEREST COUPONS ON FUNDING BOND ISSUE OF MAY 1, 1925, REFUNDING ISSUE OF NOVEMBER 19 1935, REFUNDING ISSUE OF NOVEMBER 1, 1938, AND PAYING AGENTS 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 $5,323.28 be and the same is hereby appropriated out of the Bond and Interest Fund of the City of Little Rock for the payment of the following indebtedness due and payable May 1, 1950 at the Chase National Bank, New York City: Semi - annual interest on unmatured balance of Funding Bond Issue of May 1, 1925 $2,880.00 Semi - annual interest on Refunding Bond Issue of November 1, 1935 742.50 Semi - annual interest on Refunding Bond Issue of November 1, 1938 10687.50 Paying Agentts Charges 13.28 $5,323.28 and the Mayor and City Clerk are hereby authorized to issue the Cityts warrant or warrants therefor, drawn on the Bond and Interest Fund, for the purposes herein recited. SECTION 2. This ordinance shall take effect and be in force from and after its passage. PASSED: April 17, 1950. ATTEST: ty Clerk APPROVED: de Mayor