HomeMy WebLinkAbout8073ORDINANCE NO. 8073
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENT OF
MATURING PRINCIPAL, CALLED PRINCIPAL, SEMI - ANNUAL INTEREST, AND
PAYING AGENTSt CHARGES DUE SEPTEMBER 1ST, 1949s, 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, 1949, as follows:
5% Sinking Fund - Airport, Fire Equipment.and Hospital Bonds:
Maturing principal
Semi - annual interest
Paying Agent Is charges
$21,000.00
7,575.00
.1
Total 60620!
Airport Bond Fund - 11% Airport Refunding Bonds:
Called principal
Semi - annual interest
Paying Agent's charges
$54,500.00
5ko.00
66 .13
Total M.,109-13
Fair Park Bond Fund - 2-1% Fair Park Improvement Bonds:
Semi - annual interest
Paying Agent's charges
487.50
.00
Total 492.5r
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, 1949•
SECTION 3. This ordinance shall take effect and be in
force from and after its passage.
PASSED: August 8, 1949
ATTEST:
City Clark
APPROVED:
]Mayor