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HomeMy WebLinkAbout60261- - Viv ORDINANCE NO. 6026 Wo :, AN ORDINANCE ESTABLISHING THE RATE OF TAXATION OF PFOPERTY FOR CITY PURPOSES FOR THE YEAR 1940 FOR THE GENERAL FUND; FOUR AND ONE -HALF PER CENT BOND AND INTEREST FUND; AIRPORT, FIRE EQUIPMENT AND HOSPITAL ANNEX BOND AND INTEREST FUND; MUNICIPAL AUDITORIUM BOND FUND; LIBRARY ANNEX BOND FUND, A14D NEGRO PARK BOND FUND; AND FOR OTHER PURPOSES. BE IT ORDAINED BY ARKANSAS: THE CITY COUNCIL OF THE CITY OF LITTLE ROCK, SECTION 1. That the rate of taxation on real and personal property in the City of Little Rock for certain City purposes for the year 1940, be and the same is hereby fixed and established and levied as follows: For General purposes in order to carry on the affairs of the City Government under Section 4, Article 12, of the Constitution of 1874, there is hereby levied a tax of Five (5) mills. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Funding Bond issue of May let, 1925, and refunding issue of November 1st, 1935, and refunding issue of November let, 1938, a tax of three (3) mills for the year 1940 is hereby levied; and Ordinance No. 3799 is hereby amended only insofar as to apply to levy for the year lg40. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Airport, Fire Equip- ment and Hospital Annex Bond issue of November let, 1929, a. tax of Twenty -five Hundredths (.25) of a- mill for the ' year 1940 is hereby levied. For the purpose of paying Bonds and Interest of the City of Little Roc% as may be required in the Iunicipal Auditorium Bond issue of February lst, 1937, a tax of Thirty Hundredths (.30) of a mill for the year 1940 is hereby levied; and Ordinance No. 5509 is hereby amended only insofar as to apply to levy for the year 1940. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Library Annex Bond issue of February let, 19 7, a tax of Ten Hundredths (.10) of a mill for the year 190 is hereby levied. For the purpose of paying Bonds and Interest of the City of Little Rock as may be required in the Negro Park Bond issue of February let, 1937, a tax of Five Hundredths (-05) of a mill for the year 1940 is hereby levied. SECTION 2. The City Clerk is hereby directed to transmit a certified copy of this ordinance to the County Clerk of Pulaski County to the end that the taxes herein recited may be extended on the Tax Books of Pulaski County and collected annually along with the other taxes for the year 1940. t SECTION 3. Action under the terms of this ordinance is Immediately necessary if the public he ^lth program, policy and protection be not seriously curtailed, and as such curtailment .Rrould result in endanzerinx the health, lives and property of the citizens of Little Rock, therefore an emergency is hereby declared _x ..r, ...x,.. to exist and this ordinance shall take effect and be in force from and after the date of its passage. PASSED: October 28, 19+0 ATTEST: APPROVED: City Clerk. M o . r-