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HomeMy WebLinkAbout8046ORDINANCE NO. 8046 AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENTS OF MATURING PRINCIPAL, CALLED PRINCIPAL., ON�VARIOUSLCITY INTERESTO AND ROCK PAYING AGENTS CHARGES DUE AUGUST 1ST, 1949.1 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 ,August 1st, 194.9, as follows: Auditorium Bond Fund - 4% Municipal Auditorium Bonds: Maturing principal $132000.00 Semi - annual interest 320.00 Paying Agent's charges 18.00 • Auditorium Bond Fund - 2% Municipal Auditorium Refunding Bonds: Maturing principal 7,000.00 Called principal 10,000.00 Semi - annual interest 3,81.00 Paying Agent's charges 2 • • Library Annex Bond Fund - 4% Addition to City Library Bonds: Maturing principal $29000.00 Semi - annual interest 220.00 Paying Agent's charges 7100 fzxZ27-00 Negro Park Bond Fund - k% Negro Park Bonds: Maturing principal $1,500.00 Semi - annual interest 90.00 Paying Agent's charges 6. 0 • 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, 19490 SECTION 3. This ordinance shall take effect and be in force from and after its passage. PASSED: July 11, 1949 ATTEST: APPROVED: 1 ' '-City Clerk Mayor