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HomeMy WebLinkAbout6274i _ 'N ORDINANCE NO. 6274 z AN ORDINANCE APPROPRIATING VARIOUS SUMS OF MONEY FOR PAYMENTS OF MATURING PRINCIPAL, SEMI- ANNUAL INTEREST , AND PAYING AGENTS CHARGES DUE SEPTEMBER 1ST , 1941 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 rt.clled for payment of the City's obligations on various bond re- quirements clue September 1st, 1941, as follows: Five per cent Sinking Fund - Airport, Fire Equipment and Hospital Bonds: Maturing Principal $14,000.00 Semi- annual Interest 10,9 0.00 Paying Agent's Charges I� . Postage .48 Total $24,995.3S Airport Sinking Fund - 2% Airport Improvement Bonds: Semi- annual Interest $ 750.00 'Paying Agent's Charges Total i Auditorium Sinking Fund - 2% Auditorium Bonds: Semi,- annual Interest 300.00 Paying Agent's Charges Total Fire Department Bond Fund - 2% Fire Apparatus and Fire Station Bonds: Semi-annual Interest Paying Agent's Charges $ 250 .060 Total 250-63 Airport Bond Fund - 2j% Airport Improvement Bonds: 11 Months Interest Paying Agent's Charges 8,637.07 21.59 Total $ 51658.66 Fair Park Bond Fund - 2-gl% Fair Park Improvement Bonds: 11 Months Interest Paying Agent's Charge; SECTION 2. The Mayor to issue the City's warrants on $ 1,260.00 B 1 Total ; and City Clerk are hereby authorized the respective funds and for the respective amounts 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 1st, 1941. 4e a SECTION 3. This ordinance shall take effect and be in force from and after its passage and approval. PASSED: August lg, 1941 E ATTES AP D. ity Clerk. Mayor. i