The herald., 1912-09-26
ACT NO. 49,.

|
Senate Bill No. 1877. BY Mr.. Beale.
| JOINT RESOLUTION
| Proposing an amendment to Article
O2SD two eighty-one of the Con-
| stitution of the State of Louisiana
relative to the mourning, OF debt
and issuing bonds for work of pub
lie Improvement. and to the valida-
| ton. and refunding of bonds issued
fo- such improvements. by munich
pal corporations. parish and school,
trcts the seW City Of aS New ne Orleans
excepted). and the assessment of
special taxes and forced contribu-
items to pay for same.
| Section l. Be il resolved by the Gen.
eral Assembly of the State of Louisiana,
two-t thirds (2-3) of all the members
elected to each House, concurring. That
Article two hundred and eighty-one
| (2SD of the Constitution of the state
of Louisiana be so amended as to read
as follows:
ARTICLE 2S1.
Paragraph l. Municipal corporations,
parishes and school, drainage, sub
drainage. road, subroad, navigation, or
| sewerage districts, City of New Orleans
excepted, hereinafter referred to as
subdivisions of the State, when au-
| thoriZed by a vote of a majority, in
number and amount of the property
| taxpayers, qualified to vote under the
Constitution and laws of this State,
who vote at an election held for that
purpose, after due notice of said cleo
| ton has been published for thirty days
| in the official journal of the municipal
corporation or parish or where there is
| no official journal, in a newspaper pub
lished therein. may, through their re-
debt and issue negotiable bonds there
for and each year while any bonds
thus issued are outstanding, the gov
erning authorities of such subdivisions
excess of all other taxes, a tax suf
ficient to pay the interest, annually or
semi-annually. and the principal fall
ing due each year. or such amount as
may be required for any sinking fund
necessary to retire said bonds at ma
turity; provided that such special taxes,
for all purposes as above, set forth
shall not in any year exceed ten mills
on the dollar of assessed valuation of
the property in such subdivisions.
No bonds shall be issued for any
submission of the proposition to the
taxpayer, and published for thirty 500
days as aforesaid, or for greater
amount than o therein I mentioned; nor
other purposes than for constructing,
improving and maintaining public
roads and highways, paving and i'm
proving streets, roads and alleys, pur-
chasing and constructing systems of
waterworks. sewerage, drainage, navi-
cation. lights, public parks and build
ings, together with all necessary
equipments and furnishing bridges and
other works of public improvement, the
title to which shall rest in the sub
division creating the debt, as the case
may be: nor shall such bonds run for
longer period than forty (40) years
from their date or bear a greater rate
of interest than five per centum go
per annum, or be sold for less than par
The total issue of bonds by any sub
division for all purposes shall never
exceed ten per centum ((10) of the as
sessed valuation of the property in
such subdivisions. Municipal councils
are granted the authority to create
within their limits one or more sewer
age districts.
Paragraph 2. Police turies in any
With law create drainage a'd districts,
which in addition to the powers here
inabove granted shall have further
power and authority to provide and
governing authorities of such districts,
when authorized by a majority in num-
Der and amount of the property tax
payers of said district qualified TO vote
under the Constitution and laws. who
vote at an election held for that pur-
pose, may impose and collect for a pc
Rod not exceeding forty years forced
ceeding fifty cents per acre per year
on every acre of land in the subdivision
where such an election is held. The
governing authority of such subdivision
cur debt and issue negotiable bonds to
represent same, secured by the taxes
above described provided that the total
amount of debts thus incurred or bonds
issued shall never exceed in principal
and interest the aggregate amount to
be raised by said annual contributions
or acreage taxes during the period for
no such bonds shall be issued for any
other purpose than that for which said
contributions or acreage taxes were
voted. run for longer period than
forty years. bear a greater rate of in
terest than five per centum per an
mum or be sold for less than par. All
bond issues heretofore authorized by
election not contested on any ground
validated.
Paragraph s.. When the character of
and pumped in order to be drained
and reclaimed. the Board of Drainage
commissioners Of the District in which
the land is situated, shall, upon the
In acreage of the property taxpayers.
resident and nonresident in the area
10 be affected. ascertain the cost of
drainage, and retaining said land and
incur debt against said land for an
amount sufficient to drain and reclaim
II, and issue for such debt negotiable |
ponds running not longer than forty |
940) years from their date and BEARING
interest at a rate not exceeding five
per centum per annum payable annu- |
any or semi-annually, which bonds
snail not be Sold for less than par: and
said Board Of Drainage Commissioners |
snail levy annually upon said land |
forced contributions or acreage taxes in |
an amount sufficient to maintain the |
drainage of said land, to pay the in |
terest. annually or semi-annually and
the principal falling due each year. or |
such amount as may be required for |
any sinking fund provided for payment |
OF SAID bonds at maturity, provided. |
that such forced contributions or acre
age taxes, for all purposes shall never |
exceed Three Dollars and Fifty Cents |
tsa.50) per acre per annum.
Paragraph 4. The police juries of the /
various parishes throughout the State, |
for the purpose of constructing high,
ways and public buildings for the par-
ism. and the governing authorities of |
corporations, for the purpose
or paving or improving streets or al |
leys, and for all municipal improve
ments. after making provision for the
payment or all statutory and ordinary |
FOR period not exceeding ten (I09 |
years. and bearing interest at a rate not
exceeding five (5) per centum per an
num-. which bonds shall not be sold
Tor less than par, the avails Of the
residue OF the ten (10) mill tax au-
.horized by Article 232 Of the Constitu-
Paragraph 5. Should any Of the SUBJ
divisions of the State neglect or fail
or any reason to impose or collect the
axes provided for in the foregoing
sections. any person in interest may by
summary proceedings in the district
or collection OF such taxes.
n both. and such proceedings shall
,e filed and triable free to any cost 70