HomeMy WebLinkAbout7741ORDINANCE N0. 7741.
AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENT OF MATURING
PRINCIPAL, CALLED PRINCIPAL, SEMI- ANNUAL, INTEREST, AND PAYING AGENTS'
CHARGES DUE SEPTEMBER 1ST, 1948, 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 pay-
ment 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's charges
$20,000.00
89075-00
45.19
Total $28 ,
Airport Bond Fund - l *% Airport Refunding Bonds:
Called principal
Semi - annual interest
Paying Agent's charges
$87,000.00
10323.75
110.40
Total , 434- JL5-
Fair Park Bond Fund - 2j% Fair Park Improvement Bonds:
Semi - annual interest
Paying Agent's charges
$ 525.00
. 00
Total ` 3
Fire Department Sinking Fund - 2% Fire Apparatus and Fire
Station Bonds: (Second Issue)
Semi - annual interest
Paying Agent's charges 50.00
Total 1.00
5 ,
SECTION 2. The Mayor and City Clerk are hereby authorized to
Issue the City's warrants on the respective funds and for the respective
mounts 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 30, 1949.
ATTEST
0 i y Clerk
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