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HomeMy WebLinkAbout3313;dif- �r�.nadc'e -" 't_,o�.�-...i�sthe`i•'un of th anco of e4MtlI0iutstandixts of the City tttle oc)f'__ -� -- WHEREAS, there are outstanding of the City of Little Rock of the i mount of yiayable_..5cpte5 and there are not, and will not sa warrants become payable, funds for their payment; and ( WHEREAS, said warrants are i warrants (otherwise described as : in exchange for EAS, the City Council of the ock, prior to the sauap warrants aturin them, and malso p aria of such negotiable warm ecri as Municipal Notes)' d 3 and each of them, did carefull sn determine the legality of the prior' standing warrants in exchange for which au warrants respectively were Issued, and the, legality of the original indebtedness repro. ,anted by each of such warrar +. -- ea'b lnstanee carte* ^" the z hor z : e aSII Or m`.tnlcl ;+nrpr, and 'tha ' sne case of eac1� f w at least the face amounti L• -= �[t�ttn;ad the said warrants aggregat {,rig r fie indebtedness representes ere y are valid and that no part of said !warrants or indebtedness has_been_1 uids_nowj kherrfvre., f`8,t f ordained by the City Council of the City of Little Rock, Arkans as ollowe: —.. Section 1. The said warrants., shall `be funded and reissue and a indebted tress represented thereby extended by tyre issue once of new negotiable warrants of the City of Little Rock of an equivalent face amount. Said new warrants shall be know as Series A, to be numbered from};L i inelusive. Eash -ueh warrant may ear th mscrintiu negotiable wa ran omination of eh: .:,ember 259 an nit ••-rnber 25,192 varrants ss^iF'ial be issu in' llowing form. S- A g�Lo0 l 001Df 14 3Sevir O ti F a.w.s�.e , �Yf 2 3. lews•IO7141 yyeZp L h t-o �*fs7S 1 `-1. b. 'rJ . . w Kra fat:, � warty. 1 ,{-,",;_� i iti + .��w•r� .:.rt;o..e ro., . �cwJ.;ti►td.�. , .� snaar° L� W 1)y « .. .. .. .. „ �t,.11,ou, .. .. ., a N7Lf„TOo, .. ., 30000 ., .. S of to570� « .. �tb.Sl5.t3 �• � � ,� „ w r, ({,,r, 9 t49U ,• •• « .• 531 toSSTLL .. .. .. .. s. .. « .. 30000' �, «nw�asM�+•+ba.,e ate rcl: velyy,-jdf3r t5skc�Gcl9 ,�yz2 ;7oG2,/�7sst�k- ✓,L,/52�j +�a c d¢scrofa i• o e Rib pti�3' 313'7 ass n r.�,lyz3 q . cl 3Rxi sstd '�t3� �..ssflatc.i t�19A211; �111p's >S ��` aS d,l�ser�Led aLaw c cl � as a 60rv, f�•�'"�• A-A,1 kS 4bowc dt,cs.►'•Lv� .1(.000° (00000 i V 4 t0 tL, 447 JFS`o0 0 iY A-3 i r u 0 i aTES OF AMERICA STATE OF ARKANSAS CITY OF LITTLE ROCK MUNICIPAL NOTE (A Negotiable Warrant:) The City of Little Rock, a municipal c?r- Vation in the County of Pulaski and Stav Arkansas, hereby acknowledges itself �. ilebted and premises to pay, and the C 4easurer is hereby ordered to pay to arer the sum of DOLLARS (8 8�D 4 -®�) in lawful --------------- tr i # bf the United - ates of America at the Chase 1 �Iational Bank, N rk City, on the 26th _ Laf (day of September,& -- -�"-"" 111 This warrant is rasa rsuant to the eon l ¢titution and statutes of the State of Arkar¢ { tas, Including Act No. 383 of the Acts en ado of Ata??Q1� li1)lY._and nn_ ogdinag the City Council qLthe City of Little Xo' for the pt:rpose of ex ing the payment of ceviwin indebtedne ' <--. �... -.•.•T:ne outstanding warm p !E �iicii were duly an3 roperry - fssued V'Tbt ipal purposes and for which the city has received full value, equivalent to the face amount thereof. It is hereby certified and recited that all �Iedcnt onditions, acts and things required by the nstitution and statutes of the State of Ar•ansas to exist, be performed and happen 1 re- to or in the issuance of this warrant er the incurring of the indebtedness evidences{ thereby hate been DDroperly'done and perform. td in regular and siuo form as required by lawl hnd that said warrants and indebtedness, toy ether with all other indebtedness of the C!tj f Little Rock, is within every debt and othee 1 Imit prescribed by the constitution or statutes f said State, and that no part of said war+ ut or the indebtedness evidenced thereby bat n paid. The full faith, credit and resour- ces of said City are hereby pledged to th:. punctual payment of this warrant in aecorsb &nee with .its terms. In witness whereof, the said City of Little 'stock bas caused this warrant to be signed by Its mayor and its corporate seal to be here• unto affixed and attested by the city cleric, an_ d,Ihis warrant to 'be dated September 251 Attest4 ----------- — ------ --- -- 1V:ayor, City clerk. (Endorsement on Warrant) It is hereby certified that this warrant is registered and recorded at line ------- on page in Warrant Book No._____, kept in the office of the City Clerk c _ the City 0A Little Rock. ---------------- ------ --- - -- City Clerk. 1 It is hereby certified that this warrant had .been registered with and recorded by the City( Treasurer of the City of Little Rock at line on page ------- in Warrant Book No; in the office of the city treasurer of the City of Little Rock. City Treasurer. _ (Certificate) This is to certify that the signatures and peal appearing on the within Municipal Note of the City of Little Rock, Arkansas. are, gfn. nine. Dated__--- -- ------ --- ------ By---------__ Section S. The Mayor, City Clerk and City 1'reasurer are hereby authorized and directed to execute, register and record said warrants•- and to issue aril deliver X w�yantL to thl holders of said outstanding 60 f warrants upon receiving from said o ders a said out- standing warrants. Each of said outstandin4 warrants" when exchanged shall be cancelle by perforation by the City Clerk and stampe "cancelled upon issuance of new warrant in O °1 r z. f alb' f $s X r ir u 7� V TL -1 1 Section 4. This ordinance has the statutory efi'ect of a judgment determining the validity of the indebtedness and of the warrants above recited, including the warrants to be issued; and the holder of any of said warrants may enter judgment thereon in any court having jurisdiction of the parties upon presenting to such court both such warrant or warrants and a duly certified copy of this ordinance, provided that such warrant shall have been presented for payment at or after maturity, which fact may be evidenced by statement thereon Signed by the City Treasurer. Section 5. This ordinance is hereby determined to be an ordinance for the support and maintenance of the various branches of the municipal government of the City of Little Rock. Passed;September 10, 1423. Attest; City Clerk, Approved; � I •