The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1914-09-05
ACT NO. 273.
House Bill No. 5S7--By Mr.. Jahncke,
JOINT RESOLUTION

ing of a special tax to provide there
for by the City of New Orleans, to
create lake shore park, to provide
for the administration of the park.
and for the sale of certain property
acquired in connection herewith.
Section |. Be it resolved by the General
Assembly of the State of Louisiana, two
thirds of all the members elected to each
House concurring, That the following
amendment to the Constitution of this
State be submitted to the electors of the
State at the next general election for
representatives in Congress to be holden
on the Tuesday next following the first
Monday in November, 1914, to-wit:
Article l. That for the purpose of ac-
curing 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 here
matter set forth, the city of New Orleans
be, and it it hereby, authorized to issue
bonds to an amount not exceeding $4,000
000.00 in denominations of $4,000, $4,000
81 100000, payable fifty years after date,
with interest at the rate of IL per cent
lper annum thereon payable semi annual
Fly, and represented by coupons to be at
tached to said bonds; and to provide for
the payment of the principal and interest
of said bonds, there is hereby levied an
nually special tax on all 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 col
lected the same as the other taxes due
, to the city of New Orleans and be imme-
diately paid to the Board of Liquidation
: of the city of New Orleans where same
, shall be held separate. in what shall be
) known as the Lake Shore Park Bond
Fund" and to establish and administer
said park, there is hereby created COM
? mission of seven citizens and taxpayers,
1 municipal districts of the city Of New
Orleans who shall be appointed by the
Y Mayor of the city and confirmed by the
e Commission Council as soon as this
i amendment is adopted such first APP
e pointees shall hold office respectively fol-
one, two, three, four, five, six and seven
years, and at the expiration of each term
e their successors shall be appointed fol
: the full term Of seven years, and the
$ Mayor, in making the first appointments
t shall designate the term of office of the
$ respective appontees, The members OF
e said Board shall name and elect their owi
e officers and shall serve without compen.
It sation but shall be allowed q secretary
and such clerical assistance as may bt
h necessary, this to be determined, and thu
7, salaries fixed and paid by the Board o
If Liquidation, which shall also fix and pa!
y the necessary amounts for the other ex
IL lpenses of said Board out of said tax.
g The avals of said tax, in excess of thu
- amount necessary to pay the semi-annua
>, interest on said bonds and the expense
~ of the Board as above set forth, shall b.
> invested by said Board of Liquidation TO
'1 account of said fund, or they may pur
- chase, at not more than par, with sal
u surplus at any time, and retire said bonds
g and if, at any time, the surplus reache
= such an amount that the Board deems
~ not advisable to hold same longer, and
~ is not able to purchase said bonds at tn
~ rate above stated, it shall then have tn
% right to call in any of said bonds, begin
&c ming with the highest number, but at nc
- exceeding their market value.
Said bonds shall be sold at par and &C
- crued interest all at one time or PARTIAL!
n as said Board of Liquidation may deter
~ -, mine The Board herein created shall b
~ known as the New Orleans Lake Shor
% Park Board, and shall have the right
purchase such property as may be neces
~ sary within the limits above specified,
establish thereon a lake front park, an
AZ to build a sea wall and to reclaim Ian
{" from the lake by extending the sea wa
- into the lake and filling the space betwee
w same and the present short line, and
~ do all other work necessary to accomplis
io the purposes herein provided for, and sal
Board shall have the right to sell
VI lease any portion of the property acquire
ny hereunder or reclaimed as may not
ne necessary for park purposes, and, in sci
ing same, to prescribe the conditions III
10 der which same shall be held by priva
owners, with reference to the charact'
~ of buildings sidewalks and other improve
no ments to be erected thereon. The sa
aA Board shall have the right to lay out al
pave, Nllllil Tic iCiCih " w e''
y uuired, streets, avenues and boulevard
"a and to arrange for the proper ightir
Gu thereof No purchase, sale or lease shs
is be made under the terms hereof wftho'
Us the consent of the Board Of Liquidatit
II and the Commission Council of the eli
We of New Orleans, or any other body TIL
u, u, may hereafter be in charge of the affai
Oh of the city of New Orleans. The CT
VI Attorney shall be the legal advisor of Il
Board. The Mayor and Commissioner
~, Public Property, or any officers hereaft
i'' created by other names exercising Il
~ same functions, shall be exzQtticio mer
Wy bers of the Board, but without the rig
III to vote therein, but may be appointed
- committees and shall have the right
~ speak and present resolutions at al
n y, meeting of the Board.
on The engineering work necessary to car
'ne out the provisions of this amendme
'" shall be under the supervision of t
o. City Engineer, who, however, shall a
"" point one or more special deputies to ha
~ charge of the work, same to be select
'py by the Board herein created and confirl
ed by the Board of Liquidation
4, Should, at any time the Board of Liql
Tho dalton be of the opinion that, by reas
,or of the payment of the now outstandi