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ORDINANCE NO. 5696
AN ORDINANCE APPROPRIATING $11,629.72 FOR PAYMENT OF
SEMI- ANNUAL INTEREST COUPONS AND SERVICE CHARGES THEREON OF 5%
AIRPORT, FIRE EQUIPMENT AND HOSPITAL ANNEX BOND ISSUE OF NOVEMBER
lots 19290 OF THE CITY OF LITTLE ROCK, AND FOR OTHER PURPOSES.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK:
Section 1. That the sum of $11,629.72 be, and the same
is hereby appropriated out of the 5% Sinking Fund for payment of
the following indebtedness of the City of Little Rock due and
payable at the office of Halsey, Stuart & Company, Inc., Chicago,
Illinois, on March let, 1939:
Semi - annual interest at 5% per annum
on $464,000 outstanding bonds $11,600.00
Service Charges
Paying March 1, 1939 interest
1/4 of 1% of $11,600.00 29.00
Registered mail postage on shipments
of paid and cancelled securities
July 1938 to January, 1939 inclusive .72
Total amount due $11,629.72
Section 2. The Mayor and City Clerk are hereby
authorized to issue the City's warrants in the amounts mentioned
and for the purposes herein recited, and the City Clerk is
authorized to make such arrangements as are necessary for the
transmittal of these funds to Halsey, Stuart & Company, Inc. to
meet the due date of March lat. 1939 of said semi - annual interest
payment.
Passed: February 27, 1939•
Attest:
ity Clerk.
Mayor.