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HomeMy WebLinkAbout6107CRDINAX CE NO. 6107- AN OnINANCE APPROPRIATING A TOTAL OF $2 ,170.80 FOR PAYIENT OF INTEREST AND SER VICE.. CHARGES ON VARIOUS BOND ACCOMIT S OF THE CITZ OF LITTLE ROCK , ISSUES OF MAY 13T , 1940; AND FOR OTNER PVW0SES. A iT, dR iAIND IN THE CITY COUNCIL OF THE CM T1 OF LITTIt P& G& , ARKANSAS: SECTION 1. There is hereby appropriated a total of $2,,170-80 for payment of interest on various bond. s , issues of May let � 1940, and service charges for the payment thereof, from the respective funds in the respective amounts as follows: AnWCRT SINKING FUND: Interest Coupon No. 1 on .Airport Improvement Bonds (First Issue) dated May 1, 1940, ten months interest at 2% on Bonds Nos. 1 to 75, Inclusive, totaling $75 ,000.00 ................. $1,249.50 Minimum tee as paying agent's obargea • • • • • • • • 5.00 Total.....$1,954.vj0 AUDITORIUM SINKING FUND: Interest Coupon No. 1 on Auditorium (Equipment) Bonds dated May 1, 1940s tee: months Interest at 2% on Bonds Nos. 1 to 30, inclusive, totaling $30,,000-00* ............... 499.80 FIRE DXPARTMENT BOND FUND: Interest Coupon No. 1 on Fire Apparatus and Fire Station Bonds dated May 1, 19401 ten months interest at 2% on Bonds Nos. 1 to 25, Inclusive., totaling $25 ,000.00 .................; 41G. 50. AECTION 2. The Mayor and City Clerk are hereby authorised to issue the City's warrants in the amounts mentieasA and for the purposes herein recited, and the City Clerk is authorised to make such arrangements as are necessary for the transmittal of these funds to the Peoples National Bank of the City of Little RRock, Arkansas, to meet the due date of March let, 1941 of said interest payment. PASSED: February 17j, 1,041, ATTESTS APPROVED: J4 City Clerk. Acting Mayor.