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HomeMy WebLinkAbout6509,m 1 ORDINANCE NO. 6;�0q_ is i.... AN ORDINANCE AUTHORIZING THE PAYIVIN T OF SEh1I- ANNUAL INTEREST ON CITY OF LITTLE ROCK MUNICIPAL AUDITORIUM BONDS; LIBRARY ANNEX BONDS; AND NEGRO RECREATION PARK BONDS, ISSUES OF FEBRUARY 1ST, 1937; MAKING APPROPRIATIONS THEREFOR; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, ARKAN SAS : SECTION 1. There is hereby appropriated out of the Municipal Auditorium Bond Fund the sum of Eight Thousand Seven Hundred and Sixty -one and 95 /100 ($5,761.85) Dollars for the following indebtedness of the City of Little Rock due and payable at the office of The Chase National Bank of New York City on February lat., 1943 : Semi- annual interest at 4% per annum on $437,000.00 outstanding bonds, Nos. 32 to 465, inclusive (Coupons Nos. 12)...$8,740.00 Commission for paying coupons due February 11 1943. ....... ............................... 21. . 5• SECTION 2. There is hereby appropriated out of the F Llbrary Amex-Bond Fund the sum of Four Hundred and Fifteen and N0 1100 ($415.00) Dollars for the following indebtedness of the City of Little Rock due and payable at the office of The Chase National Bank of New York City on February 1st, 1943: Semi- annual interest at 4% per annum on $20,500.00 outstanding bonds (Coupons No. 12 ).. ............................ x$410.00 Fee for paying coupons due February 1, 1943... 5.00 15- 00. SECTION 3. There is hereby appropriated out of the Negro mark Bond Fund the sum of Two Hundred and forty -five and " inn 100 ($245.00) Dollars for the following indebtedness of the City of Little Rock due and payable at the office of The Chase National Bank of New York City on February la t, 1943: Semi- annual interest at 4% per annum on $12,000.00 outstanding bonds ( Coupons No. 12) .. $240.00 Fee for paying coupons due February 1, 1943.... .0 . 000 5• SECTION 4. The Mayor and City Clerk of the City of Little Rock are hereby authorized to issue the City Is warrants for the amounts and on the funds of the City herein recited; t and the City Clerk is hereby authorized to make such arrange- ments as are necessary for the transmittal of these funds to the Chase National Bank of New Yor$ City to meet the due date of February 1st, 19+3 of said semi- annual interest and peying agents f ees. r_ t in for ce from and after its passage. PASSED: January 4, 1943 ATTEST: ROVED: F ity Clerk. yor. It