The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-09-26
Act No. 278
House Bill No 537. By Mr.. Jahncke
JOINT RESOLUTION

lHerAlor bv the CRY or New orleans
10 create "A lake shore park ~ pro-
vide for the administration Of the
park and for the sale OF certain
property acquired in connection there
with.
Section I BE q resolved nv the Cen
eral Assembly Of TIE state Of IOuiSi-
ana. two-thirdS of all me~nhorS eIocta :
lowing amendment to the Constitution
IT this State ne submitted - the elsr-
tors Of the state at tho next general
election For Representatives in Con
Sress to be holden on the Tuesday next
following the First Monday in Noven-
Der, 1914. to-wit:
Article I. That for the purpose Of &C
curing the front Of Lake Po1tchartraI0
from what is known as West End u
Ml!neherg. or such part thereof As NAV
he deemed necessary AMI advisable. as
1er"ina:ter set forth the CIV of New
orleans be. and Il is hereby. authorized
10 issue bonds 10 an amount not ok
HeeiirC $4,000. o"u.or. in denominations
n $1,000. $4,000 s. 600 yu. PAYABLE
tifty years after date. with interest at
the rate of Il per cert per annum
thereon. PAYABLE Semi-arUUally. and rep
resented 10y coupons T. he attached To
SAID bonds and to provide for The pay
mont of the PRINCIPAL AM interest Of
Sald bonds. there is hereby le-i"t an
NN2liy special tax on all tho pr00e~tr.
real and personal. in tie CIV ~ New
'Fl"arS. 10 the amount &c siN-tertNS OF
one mil! On the dollar. which shall he
ted the same a the other taxes
due 10 the CITY Of New Orleans aui be
immediately paid 70 tho Board Of IiI-
NLiatpn Of the city OF New orleans
VI ere same shall he held separate. n
NNat shall be known as the Lave
Ntore Park Bond Fund" and u eStah-
'lSh and administer said park. there -
'ercby created commission Of seven
'itiZenS and tax payers. male or female.
on" from each Of II" muul".nal DIS
fr'"tS of the CIV Of New Orleans. who
shall he appointed by the Mayor oF the
citY and confirmed bv the CommiS-
sion Council as soon as this amendment
Is adonted; such first apuOinteeS sail
mold office respectively for ore. Two
three. four, five. six and seven years
and the expiration of each term.
their successors shall he appointed Tor
the full term Of seven vea"S. AM the
Mayor. in making the first appoint
nents shall desi grate the term OF Of
nee or the respective apnoi0teeS. The
members Of said ROar1 shall name and
elect their own officers and shall serve
without COMPENSATION. hut shall he al
lowed secretary and such clerical as
S'Stanca rs NAV be necessary. this to
be determined. and the salaries fixed
ard paid by the BOARD of Liquidation
wh'ch shall also fix and paw the neces-
sary amounts for the other expenses
or said Board out OF said tax.
Inc aNHliS or S1lt tax. IN excess OF
the amount necessary 10 paw the semi
annual interest on said bonds and the
expenses of the Board as above set
forth. shall he invested by said Board
nf Liquidation for account of said fund
or they NAV purchase at not more than
par. with said surplus at any time. and
retire said bonds: and II. at anv time.
the surplus reaches such an amount
that the Board deems IL not advisable
10 hold same longer. and il is not able
n alac a
above stated. II shall thnn have the
right TO call in anv OF said bonds. be
with the highest number. but
at not exceeding their market value.
Said bonds shall he sold at par and
accrued interest all al one time or par
TALLY. as said Board OF Liquidation
NAV determine. The Board herein Gre
ated shall he known as the New Or
leans Lake Shore Park Board. and shall
have the right to purchase such prop
limits above specified. to establish
thereon a lake front park. and TO build
a sea wall and 10 reclaim land from the
lake by extending the sea wall into the
lake and filling the space between same
and the present shore line. and to do
all other work necessary to accomplish
the purposes herein 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
In selling same, to prescribe the condi-
lions under which same shall he held
by private owners. with reference to
the character of buildings. sidewalks
thereon. The said Board shall have
the right to Law out and pave. within
the property herein TO be ACQUIRED.
streets. avenues and boulevaris. and to
arrange for the proper lighting thereof.
No purchase. sale or lease shall be
made under the terms hereof without
the consent of the Board of Liuuida-
ton and the Commission Council Of the
Iity OF New Orleans or any other body
that NAV hereafter be in charge of the
affairs OF the city Of New Orleans. The
City Attorney shall be the legal advi-
sor Of the Board. The Mayor and Com
missioner of Public Property. or any
officers hereafter created nv other
shall be ex-officio members of the
Board. but without the right TO vote
therein. but may be appointed on COM
mittees and shall have the right to
speak and present resolutions at any
meeting of the Board.
The engineering work necessary to
larry out the provisions OF this amend
ment shall be under the supervision of
the City Engineer who, however. shall
appoint one or more special deputies to
nave charge of the work, same to be
selected by the Board herein created
and confirmed by the Board OF Liqui-
lation.
Should. at any time. the Board OF
be of the opinion that by
reason OF the payment of some of the
now outstanding obligations of the City
Of New Orleans, funds will come into
is hands from other sources not
pledged to other obligations. more than
sufficient TO provide for the bonds here
.st. then il may. by resolution. declare
hat the special tax herein levied is no
longer necessary, and thereupon the
city of New Orleans shall cease to COL
ect such tax; but said tax shall revive
IT any time, should ii become necessary
n order that the Board should have
sufficient funds to meet the interest on
he bonds and the principal, at the ma
turity thereof. If same have not here
tofore been purchased or retired as
lereinabove set forth. And said Board
IF Liquidation shall determine, if IL deem
{ advisable. what amount IL shall set
aside annually TO provide for said sink
ng fund: but this right in the Board
,hall be optional with IT and need not
De exercised If the other means referred
10 for retiring said bonds shall. in the
Judgment of said Board. be sufficient
10 protect the rights OF the holders
hereof.
Should any property within TIE linn
is hereinbefore specified be deemed by
he said Board advisable for the pur-
,ose herein contemplated. and the BOARD
finds that same cannot he purcha sed
FOR a reasonable and just price. then
he City of New Orleans shall have the
light by appropriation proceedings. to
acquire said property: and said Board
shall have the right to receive any OF
said property by donation or request
The title to all property acquired here
Inder. whether by purchase. donation.
or otherwise. shall be in
the name OF the City of New Orleans.
Section =. Be il further reserved
tic. That on the official ballot TO be
used in said election shall be placed
he words For the Lake Shore Park