The Caucasian. (Shreveport, La.) 1900-192?, 1907-04-16

/
AN ORDINANCE
Of the Police Jury of Caddo Parish
relative to the building of the extern
sion of the court house building OF
the parish, authorizing the contract
to be entered into and making ap-
preparations providing for payment
therefor and issuance of certificates,
Whereas, the Police Jury of Caddo
Parish has invited bids according to GER
| ,an plans and specifications for the con-
,truction of an extension to the court
house building of the Parish of Caddo;
md
Whereas, the building committee OF
his Jury has reported to this body re-
commencing the acceptance of the bid
If Tom Green for the construction of
said extension pursuant to plans and
specifications heretofore adopted by this
jury for $47,88o.oo to be paid for out of
the excess of the annual revenues above
| the statutory, necessary and usual
charges from the Io-mill tax levied and
o be levied by the parish for the year
| 1907 and subsequent years in annual in
stallments, said contractor to be paid III
certificates to be issued covering the cost
IF said construction, said certificates to
bear per cent per annum interest;
Now be it resolved and ordained by
the Police Jury of Caddo Parish, that
the report of said committee be ami is
hereby accepted and that the bid of
| Tom Green for the construction of the
proposed extension to the court house
building in the Parish of Caddo, be ac-
cepted, payments for said work to be
made out of the excess of annual reve
nues from the Io-mill tax levied and to
be levied by the parish for the year 1907
md subsequent years, for which certifi-
Gates shall be issued
Be it further resolved, That in order
to pay and provide for the payment Of
he amount for which the said work is
10 be done by the said contractor, to-
wit, $47,88ooo, the excess annual reve-
nues from the Io-mill tax levied and to
be levied by the parish above the statu-
tory, necessary and usual charges fe
the year 1907 and subsequent years, be
md is hereby dedicated and set apart
for the payment of said amount with
four e. per cent? per cent per annum
interest, the whole to be represented by
certificates under Section No. 3 of Act
No. 81 of the Acts of the General AS
'embly of the State of Louisiana for
| the year 1902
Be it further resolved, That in order
TO pay the said Tom Green, contractor,
nine certificates bearingl four q per
cent? per cent interest per annum in
terest, from date of issuatce of said Ger
tifcates, interest payable annually, shall
be issued, which said certificates shall
be delivered to the said contractor as the
work proceeds.
Be il further resolved, That in order
to pay the aforesaid amount of the con-
tract price for said extension to said
court house building and the said GER
tihcates with interest as above provided,
all of the surplus and excess of annual
revenues of Caddo Parish above the
statutory, usual and necessary charges,
from the Io-mill tax levied and to be
levied by the parish for the years 1907,
1908, 1909 and subsequent years as far
as necessary up to ten years be and are
hereby dedicated and set aside to pay
the same
Be it further resolved, That the pres
ident be and is hereby authorized to
sign all contracts to carry this ordinance
into effect.
Shreveport, La, April II, Ioo7.-To
the President and Members of the po-
lice Jury of Caddo Parish, Shreveport,
La: Gentlemen-Responding to the re-
quest of your committee on the extern
sion of the court house building, we beg |
to make you the following proposition
In consideration of the recommendation |
by the present Police Jury to its sue
cessors of the re-appointment as fiscal |
agent of the Parish of Caddo for the
term beginning in 1908, upon the same
terms and conditions as at present ex-
lsting, we hereby agree to purchase the
certificates of Indebtedness aggregating
approximately 100000, issued by you
to the contractor or contractors at their
face value, the said certificates to bear
interest at the rate of four per cent ca
per cent? per annum. interest payable
We appreciate the fact that your sue
.essors would be privileged to nullify