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ORDINANCE NO., 5364
AN ORDINANCE APPROPRIATING $23,520.59 FOR PAYMENT OF MATUR-
ING PRINCIPAL, INTEREST AND SERVICE CHARGES OF 5% IMPROVEMENT BONDS
(AIRPORT, FIRE EQUIPMENT AND HOSPITAL) DATED NOVE!'IMER 12 1929, DUE
SEPTEABIR 1, 1936 VARIOUS, OF T-HE 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 $23,520.58 be, and the same is
hereby, appropriated out of the 5 °%o Sinking Fund for payment of the
following indebtedness of the City of Little Rock, due and payable at
the office of Halsey, Stuart and Company, Chicago, Illinois on
September 1, 1936:
Maturing principal -
Semi - annual interest at 5;l per annum
on $499,000. outstanding bonds -
Service Charges
Paying September 1, 1936 principal
- 1/8 of 1% of $11,000.
Paying September 1, 1936 interest
- 1/4 of 1,,; of $12,475.
$11,000.00
122475.00
13.75
31.19 44.94
Postage
- January to June 1936 Incl. .64
Total amount due. $23, 520.58
and the Mayor and the City Clerk are hereby authorized to issue a warrant
or warrants therefor, payable to the Peoples National Bank, for the
Purposes herein recited, of such maturity, interest and service charges
as they deem for the best interests of the City.
Section 2. That the City Treasurer is hereby directed to for-
ward to the alsey, Stuart and Company of Chicago, Illinois, out of the
5°A Sinking Fund, the sum of $11,000.00 to pay the maturing principal of
5;776 Improvement Bonds (Airport, Fire Equipment and Hospital) numbered 57
to 67, inclusive, and $12,520.58 to pay interest and service charges,
same being due and payable at the office of Halsey, Stuart and Company
of Chicago, Illinois on September 1st, 1936.
Section 3. That this ordinance shall take effect and be in
force from and after its passage.
Passed: August 31, 1936
Attest:
City Clerk.
Appr �d :�
Mayor.