The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1914-09-05
Act No. 2.78
House Bill No 537 By Mr.. Jahncke
JOINT. RESOLUTION,

House Bill No. 537. BY Mr.. Jahncke
JOINT. RESOLUTION,
Proposing an amendment to the Constt
tuition OF the State Of Louisiana rel
at1ve to the issuance Of bonds ant
the levying of special tax to provide
| therefor by the City of New Orleans
| to create a lake shore park to pro
vide for the administration of the
park, and for the sale of certain
| property acquired in connection there
with.
Section l. Be IT resolved by the Gen
era1 Assembly of the State of Louisi-
ana. two thirds of all members elected
to each house concurring, That the fol.
lowing amendment to the Constitution
of this State be submitted to the cleo
election For Representatives in Con.
gress to be holden on the Tuesday next
following the First Monday in Novem-
Der, 1914, to-wit:
Article 1. That for the purpose of &C
uuiring the front of Lake Pontchartrain
from what is known as West End to
Milneberg, or such part thereof as may
be deemed necessary and advisable, as
hereinafter set forth, the City of New
Orleans be, and 1t is hereby, authorized
to issue bonds to amount not ex-
ceeding $3,000,OOO.0O, in denomina lions
Of $4,000, $4,000. 100000, payable
fifty years after date, with interest at
the rate of IL per cent per annum
thereon. payable semi-annually. and rep
resented by coupons to be attached to
said bonds; and to provide for the pay
ment OF the principal and interest or
said bonds there is hereby levied an
nually a special tax on ali the property,
real and personal, In the City of New
Orleans. to the amount of six-tenths of
one mill on the dollar, which shall be
collected the same as the other taxes
idn tinn paid t. the BEARD Of Ia
where same Shall be held separate, In
shore Park Bond Fund" and to estab-
Esh and administer said park. there is
hereby created a commission Of seven
citizens and tax payers, male or female,
one from each of the municipal dis
snail be appointed by the Mayor of the
city and confirmed by the Commits.
sion Council as soon as this amendment
IS adopted; such first Apprentices shall
three. four. five, six and seven years,
ana the expiration Of each term,
Ene1r successors shall be appointed for
the fun term of seven years. and the
mems, shall designate the term of Of
Tice OF the respective appointees. The
members Of said Board shall name ana
elect their own officers and shall serve
without compensation. but shall be al
lowed a secretary and such clerical as
slstance as may be necessary, this to
De determined, and the salaries fixed
and paid by the Board of Liquidation.
which shall also fix and pay the neces-
sary amounts for the other expenses
OF said Board out of said tax.
The avails of said tax. In excess OF
the amount necessary to pay the semi
expenses Of the Board as above set
forth, shall be invested by said Board
OF Liquidation for account of said fund.
or they may purchase, at not more than
>
retire said bonds; and if, at any time,
the surplus reaches such an amount
that the Board deems it not advisable
70 70 mold same longer, and it is not able
above stated. 1t shall then have the
right to call in any of said bonds be-
ginning with the highest number, but
at not exceeding their market value.
Said bonds shall be sold at par and
accrued interest all at one time or par
TALLY, as said Board of Liquidation |
may determine. The Board herein Gre
ated shall De known as the New Or
eans Lake Shore Park Board. and shall |
nave the right to purchase such prop |
arty as may be necessary within the |
limits above specified to establish |
thereon lake front park, and to build |
sea wall and TO reclaim land from the |
AXE by extending the sea wall into the |
AXE and filling the space between same t
ana the present shore line, and to do |
III other work necessary to accomplish |
ny poi poses hsreih PROVIDED for. And |
said Board shall have the right to sell |
or lease any portion of the property ac-
1uired hereunder OR reclaimed as NAV
lot be necessary for park purposes, and,
y !, selling same, to prescribe the condi-
ions under which same shall be held
~ private owners. with reference to |
he character Of buildings. sidewalks
Ina a.o other III, improvements 70 be erected
he right to lay out and pave, within
he property herein to be acquired.
'treets, avenues and boulevards. and to
orange for the proper lighting thereof
made under the terms hereof without
he consent of the Board of Iiouida-
ion and the Commission Council Of the
ity of New Orleans or any other body
fairs; ;f Of the city of New Orleans The
'ity Attorney shall be the legal adyi-
or of the Board The Mayor and Com
missioner of Public Property. or any
Iames exercising the same functions.
hall be ex-officio members of the
Board. but without the right to vote
heteln put may be appointed on com
peak and present resolutions al anv Il
Meeting of the Board.
The engineering work necessary 70
AIRY out the provisions of this amend
nent shall be under the supervision Of
he City Engineer. who, however, shall
ppoint one Or more special deputies to
ave charge of the work. same 10 be
elected by the Board herein created
no confirmed by the Board Of Lieut.
Should at any time. the Board OF
be of the opinion that by
eason of the payment Of some of the
: Outstanding obligations of the City
I New Orleans. funds will come into ,
s hands from other sources not
lodged to other obligations, more than
u flclent to provide for the bonds here
l. a tna in principal and inter
81, then 1t may, by resolution, declare
nat the special tax herein levied is no
onger necessary and thereupon the
itF OF New Orleans shall cease to coll
any time should 1T become necessarT
order that the Board should have III
funds to meet the interest on |
re 1stt oon thsr anq the principal at the
'fore been purchased or retired as /
ereinabove set forth. And said RoarG
Liqutdat ton shall determine, if it deem |
,,d dar1sapie;; what amount it shall SET
g fund; but this right in the Roar a |
lan be optional with 1t and need NOT IA
exercised If the other means referred |
dgment of said Board be suffictenf 1
protect the rights of the holders |
ereof.
! should h 5 any property within the lin !
e said Board advisable for the n,,rs t
use herein contemplated and the Board 4
nds that same cannot be purchased | II
r reasonab1e and Just price then Il
e CITY OF New Orleans shall have the / II
ght by appropriation PROCEEDINGS. to II
auire said property; and said Board Ii
AL have the right to receive any Of n
ID property by donation or bequest II
ne title to all property acquired here II
der, whether by purchase, donation III
preparation or otherwise shall be In I'll
e name Of the City of New Orleans. II
section z Be it further reserved. II
ed in said election shall be nlaaaS II