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HomeMy WebLinkAbout4658I J, ORDINANCE NO . 4658 AN ORDINA ?DICE APPROPRIATING $23,154.67 FOR PAYMENT OF TEN MONTHS' INTEREST COUPONS OE AIRPORT, FIRE EQUIPMENT AND HOSPITAL ANNEX BOND ISSUE OF NOVEMBER 1, 1929, BANK CHARGES ON SAME, AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE ROCK; Section 1. That the sum of $23,184.67 be, and the same is hereby, appropriated out of the Airport, Fire Eauipment and Hospital Annex Bond Fund, of the City of Little Rock, Arkansas, for payment of the following indebtedness, due and payable at the office of Halsey, Stuart & Co., Chicago, Illinois; Interest Coupons No. 1, due September 1, 1930, for ten (10) months' interest on Bonds Nos. 1 to 5�5, inclusive, dated November 1, 1929, (total principal being $555,000.00, bearing %o interest -555 Coupons,$41.67 each) $ 23,126.55 Halsey, Stuart & Co., Exchange Fee, ( 4 of 1�6) _ . 52 TOTAL ............................. $ 23,154.67 and the Mayor and the City Clerk are hereby authorized to issue the City's warrant therefor, payable to the Peoples Trust Company, of Little Rock, Arkansas, the said Peoples Trust Company to remit the amount received to Halsey, Stuart &•Co., Chicago, Illinois, for the purposes herein recited. Section 2. That all ordinances and parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall take effect and be in force from and after its passage. Passed; Attest; Approved; Acting Mayor.