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HomeMy WebLinkAbout5421ORDINANCE NO._ 5421 _ AN ORDI `TANCE APPROPRIATING $12,231-36 FOR PAY -NT OF SE-. -I- ANNUAL INTEREST COUPONS AND SERVICE CHARGES THEREON OF 5% AIRPORT, FIRE EQUIP:: =ENT AND HOSPITAL ANNEX BOND ISSUE OF NOV �� RER lst, 1929, OF THE CITY OF LITTLE ROCK, AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROvf: Section 1. That the sum of �12,231.36 be, and t1ie same is hereby appropriated out of the 5 Sinking Fund for payment of the f ollowing indebtedness of the City of Little Roc'--, due and payable at the office of Halsey, Stuart ed Company, Inc., Chicago, Illinois, on March 1st, 1937: Semi - annual interest at 5 /"2' per annum on $488,000.00 outstanding bonds - $12,200.00 Service Charges "Paying March 1, 1937 interest - of 1% of 012, 200.00 30.50 Postage - July to December 193' Incl. . .56 Total amount due -- p12,22331v3b and the .Tayor and the City Clerk are hereby authorized to issue a warrant or warrants therefor, payable to the Peoples National Ban',:, for the -ourooses herein recited, of such interest and service charges as they deer for the best interests of the City. Section 2. That the City Treasurer is hereby directed to forward to Halsey, Stuart & Company, Inc., of Chicago, Illinois, out of the % Sinning Fund, the sum of $12,231-36 to pair the se*_ni- annual interest cou)ons and service charges thereon, same being due and payable at the of'fi ce of Halsey, Stuart d, Co mpany, Inc., Chicago, Illinois, on ::arch lst, 1937- Section 3. That this ordinance shall tta,1:e effect and be in force from and after it vassage and approval . Passed: February 16, 1937 Attes City Clerk. Ao- ,roved: t 'r 5 � HALSE'Y, STUART & CO. INC. CHICAGO, NEW YORK AND OTHER PRINCIPAL CITIES TELEPHONE STATE 3900 201 SO. LA SALLE ST. • CHICAGO, ILL. February 15, 1;7 ,ity of Little Rock, City Mall, Little Rock, Arkansas. _ - Att.-"'r. TI. C. Graha City Clerk. The folloring amounts for the City of Little Rock, Arkansas 5% Improvement Bonds (Airport, Hospital and Fire Equipment) dated November 1, 1929, hue September 1 Various, are payable at our office on March 1, 1937: Semi - annual interest at 5% per annum on �i- 488,000. witstanding bonds - Service Charges Paying March 1, 1937 interest - 1 /4 of 1% of :x;12, 200.00 Postage - July to December 1936, Incl. Total ,_mount cue . . . x.12, 200.00 30.50 . ,16 12, 231.36 Kincly remit in Chicago exchanEe to reach our Chica.E;o office before the close of banking hours on February 27, 1937. Very truly yours, yrE._ FEB �7• �' ��401•f t��cK�s