Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1910-10-14
ACT NO. 1877.
House Bill No. 326.
JOINT RESOLUTION

House Bill No. 326
JOINT RESOLUTION
Proposing an amendment to Article Two
Hundred and Eighty One l2si), OF the
Constitution Of the State of Louisiana. rel.
alive to the issuance of bonds for work of
public improvements by municipal corpo-
rations. parishes and schools DRAINAGE
Orleans excepted. and the assessment of
special taxes to pay for same.
Section Be +. s,s,s y ns sen
two-thirds (2-3) Of all the members elected
to each House concurring. That Article Two
Hundred H., and Eighty ,s one S2sD Of the
SO amended as to read as follows:
Article PSI. Municipal corporations. par
ishes or school, drainage, subdrainage. road,
Of New Orleans excepted. hereinafter refer
red TO as subdivisions" when authorized to
do so. by a vote Of majority in number
fled to vote under the Constitution and
laws Of this State. who vote at an election
held for that purpose. after due notice Of
(3o) days in the ofaciai Journal of the mu.
nicipal corporation or parishes, and, where
there is no OFFICIAL journal, in . newspaper
spective governing authorities incur debt
and issue negotiable bonds therefor, and
each year. while any bonds issued to evil
governing authorities of such subdivision
shall levy and collect annually, in excess of
all other taxes, q tax sufficient to pay the
interest annually or semi-annually, and the
principa. falling due each year. or such
amount as may be required for any sinking
fund provided for the payment of said bonds
at maturity; provided. that such special taxes
for all purposes shall not in any year exceed
ten G0) mills on the dollar of the assessed
valuation of the property in such subdi-
visions.
No bonds shall be issued for any other
purpose than that stated in the submission
OF the proposition to the taxpayer, and pub
Iished for thirty fa0) days as aforesaid; or
for greater amnnnt than therein mentioned;
nor shall such bonds no issued for any other
purpose than for constructing. improving
and maintaining public roads and highways
paving and improving streets. roads and al
leys, purchasing or constructing systems of
water works sewerage, drainage navigation
with all necessary equipments and furnish
ing bridges and other works of public i'm
provement. the title to which shall rest in
the subdivision creating the debt as the
case may be; nor shall such bonds run for a
longer period than forty t40l years from
than five t5) per cent per annum, or be
sold for less than par. The total issue OF
bonds BY any subdivision for all purposes
shall never exceed ten (10) per centum of
the assessed valuation of the property In
such Subdivisions.
Municipal councils shall have authority
10 create within their respective limits one
or more sewerage districts, and nothing here
in contsined shall prevent drainage districts
from being established under the laws of
this State. shall. in addition to the powers
hereinsbove granted. have the further r,ver
and authority tn levy and assess annual con.
tributions or acreage taxes on all lands sit
uated in such districts for the purpose Of
providing and maintaining drainage systems.
not exceeding nifty 1907 cents per acre for .