Loading...
HomeMy WebLinkAbout8102ORDINANCE NO. 8102 AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF PROPERTY FOR CITY PURPOSES FOR THE YEAR 1949 FOR VARIOUS FUNDS OF THE CITY OF LITTLE ROCK; DECLARING AN EMERGENCY; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. That the rate of taxation on real and per- sonal property in the City of Little $ock for certain City purposes for the year 1949, be and the same is hereby fixed and established and levied as follows: For General purposes in order to carry on the affairs of the City Government under Section 49 Article 12, of the Constitution of 18 �4, there is hereby levied a tax of Five (5) mills. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Funding Bond issue of May 1st, 1925, and refunding issue of November 1st, 1935, and refunding issue of November 1st, 1938s a tax of three (3) mills; and ordinance No. 3789 is hereby amended only insofar as to apply to levy for the year 1949• For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Airport, Fire Equipment and Hospital Annex Bond Issue of November 1st, 1929, a tax of Eighty Hundredths (.80) of a mill. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Municipal Auditorium Bond issue of February 19t, 1937, and Municipal Auditorium 2% Refunding Bond issue of August 10 1945, a tax of One and Seventy Hundredths (1.70) mills; and Ordi- nance No. 5509 and Ordinance No. 6813 are hereby amended only Insofar as to apply to levy for the year 1949• For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Fair Park Improvement Bond Issue of October 1st, 19400 a tax of Ten Hundredths (.10) of a mill. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Park Improvement Bond issue of March 1, 1949, a tax of One and Fifty Hundredths (1.50) mills; and Ordinance No. 7922 is hereby amended only insofar as to apply to the levy for the year 1949• For the purpose of paying Firemen's Pensions, in accord- ance with the provisions of Amendment No. 31 to the Constitution of the State of Arkansas, adopted November 59 1940, and Act 14 of the Acts of the General Assembly of the State of Arkansas for the year 1941 and the acts amendatory thereto, a tax of Ten Hundredths (.10) of a mill. For the purpose of paying Policements Pensions, in accord- ance with the provisions of Amendment No. 31 to the Constitution of the State of Arkansas, adopted November 5, 1940, and Act 16 of the Acts of the General Assembly of the State of Arkansas, for the year 1941 and the acts amendatory thereto, a tax of One (1) mill. For the purpose of maintaining the City Library, in accordance with the provisions of an amendment to the Constitution of the State of Arkansas, adopted November 5, 1940, a tax of One (1) mill, SECTION 2, The City Clerk is hereby directed to transmit a certified copy of this ordinance to the County Clerk of Pulaski County to the end that the taxes herein recited may be extended on the tax books of Pulaski County and collected with the other taxes for the year 194.9 • SECTION 3. Action under the terms of this ordinance is immediately necessary if the public health program, policy and protection be not seriously curtailed, and such curtailment would result in endangering the health, lives and property of the citizens of Little Rock, and this ordinance being necessary for the public peace, health and safety of the citizens of Little Rook, therefore an emergency is hereby declared to exist and this ordinance shall take effect and be 'in force from and after the date of its passage. PASSED: September 26, 1949 ATTEST: A APPROVED: f74: City Clerk. Mayor*