New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-12-30
THE CITY COUMcfL.


PRESIDENT Merkey in the chair last event.
" W ahe also present Messts. Boguiiid,
Brady, Kaiser, O'Brien, Pessou, Poynof, Z
Prados and Shields ~ E'4}rF =
The following resolution was received
from the Lower Board. II
ResotDed, That the rate of taxation for
the year 1869, on the unassessed value of All
the real estate within the city of New Or
leans appearing on the tableau of ASSESS
ment made by the City Assessors for the year
1858, be fixed as follows: Ia go
For the annual interest of the bonds is-s
sued by the city in favor of the jackson
ana Great Northern Railroad Company. the
New Orleans, 0pelousas and Great Western
Railroad Company, and the Pontchartrain
hauroad Company, twenty-five cents ON
every one hundred dollars.
For the ten per cent bonds issued by the
city OF New Orleans, for the payment of the
fioatlng debt, twenty-five cents on every
one hundred dollars
For the ordinary expenses of the CITY
government for the year 1869, forty-fye
cents on every one hundred dollars
This resolution was concurred in finally.
Another resolution from the Lower Board
fixes the tax on personal property at the
same rates as above, except the tax for the
ordinary expenses of the city government.
which is fixed at one dollar aud five cents on
every one hundred dollars. Concurred in
f Ially,
Resolution of Lower Board fixing the con-
one hundred dollars. Concurred in inally.
! Resolution Of o yer Board providing ftE
| the burning, once week, of all city notes
in the treasury, in the presence of certain
city officials. Concurred in finally.
| Resolution of Lower Board providing for
the building OF the necessary number of
bridges across the new extension of the
| Orleans Draining Canal, aud authorizing
the digging of two new bitches in connec-
tion with this canal. Concurred in.
communication was received from the
Real Estate Owners Association, obiecting
to the proposed ordinance to donate the
clty's stock IN the jackson Railroad Com
| pany to said COMPANY in consideration Of
extending this road to the levee.
The communication was referred to the
| Finance Committee.
Adjourned.
board of Assistant Aldermen
| Mr.. Pandely presided for while, and
| then Mr. Breen took the chair. Present
! also, Messrs. Aitkens, Wynne Pemberton.
Fisher, Montgomery, Farrell, Camp, Grand
| pre- Rose and Walker.
The T1easurer's weekly report showed=
Receipts, Sl3, 327 Al; expenditures, S21, ,l79
/ So; balance on haud, SI2l,54S 5S.
A resolution was adopted allowing three
| assistant Courthouse keepers from July l,
1865, to December 81, 1863 at $40 per
| month.
A resolrtion from the Streets and Land
ings Committee, providing for a more
| thorough drainage of the section lying be-
tween the Metal lie Ridge and Bayou st.
john was adopted.
An ordance providing for an extension of
| the track of the Claiborne S rect Railroad
along Caual street, from Basin to Front
I LeVee, came from the Upper Board and was
concurred in.
Nc Paudely had read by the Secretary G
| communication from John G. Gaines, Pres
| ident of the Citizens Bank, proposing a
| ui4n thrpuuh that hank llb I'D am nj ian
o. city money. 1t was laid over until next
! Tuesday and an accompanying communica-
! ton from Mr.. Gaines on the subject spread
| on the minutes.
The plan proposes an ordinance or act ITO
| authorize the city of NV Orleans to issue
bonds for five million of dollars for the
| redemption of the existing floating debt of
| said city and to provide the mode and man-t
ner IN which such bonds shall be extin-
| guished without additional taxation, and to
authorize and require the city to contract
| with Fiscal Agent therefor; also, TO pre-
scribe certain duties for the Mayor, Com
mon Council, Treasurer, Controller aud Fis-
cal Agent of said city, aud imposing penal
ties tur the violation of certain provisions
thereof.r
In a note appended it is stated that the
operation of this act will, in twenty years,
eNtlngush both capital and interest COM
plete, say:
LHIi,ati.' -Li l., s., ,0oo, oo9
/ hiiNIL'7+ o5 SHINING iuuu..-...-, 4tUUU, ,UuU
Total cost to the city.......S S, 900 600
! IN JOINT SESSION.
The Southern Bank was elected Fiscal
Agent for the year 1863, and the election,
on motion, was declared unanimous.
The Upper Board retired.
The Tax and License Ordinance, as
adopted BY this Board aud amended by the
Upper 'ard, was taken up, and the amend
ments We're concurred Ia.
Adiournp6