Lower coast gazette., 1914-09-12
ACT NO. 27S
ACI No. 2iS
House Bill No. 49,. BY Mr.. JahncK
JOINT RESOLUTION

ACT NO. 27S
House Bill No. 537. BY Mr.. Jahncke S
JOINT RESOLUTION
Proposing an Amendment to the Con
stitution of the State of Louisiana rela-
five to the issuance of Bonds and the
~levying of a special tax to provide
therefor by the City. OF New Orleans,
to create a lake shore park, to provide {
for the administration of the park, ana
for the sale of certain property ac-
uuired in connection Herewith.
Section /. Be it resolved, by the Gen
eral Assembly of the State OF LOUISIANA,
two-thirds of all members elected to each
house concurring, that the following
amendment to the Constitution OF tins
state be submitted to the electors OF the
State at the next general election tor
Representatives in Congress to be holden
on the Tuesday next following the hrst
Monday in November, 1914, to-w,t:
Article /. That for the purpose OF
| acquiring the front of Lake Pontchartraill
from, what is known as West End to
Milneburg, or such part thereof as may
he deemed necessary and advisable, as
hereinafter set forth, the city OF New
Orleans be, and it is hereby, authorized
ia issue bonds to an amount not exceed,
ing So. OVO.OOO.OO, in denominations OF
$4,000, $4,000, 100000, payable fifty
Years after date, with interest at the
rate of / ~ per cent per annum thereon,
nayable ~semi-annually, and represented
by coupons to be attached to said bonds;
and TO provide for the payment OF the
nrincipai and interest Of said bonds, there
IS hereby levied annually a special tax
on all property, real and personal, in the
| CITY of New Orleans, to the amount OF
T : six-tenths of one mill on the dollar, winch
j shall he collected the anne as the other
: taxes due to the city of New Orleans and
D be Immediately paid to the Board OIL
foundation 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 ana
administer said park, there is hereby ere,
ated a commission of seven citizens anC
u ~taxpayers. male or female, one from eacl
le Of the Municipal Districts of the city
N of New Orleans, who shall be appointed
nv the Mayor of the city and conhrhe(
e Nv the Commission Council as soon a
+, this amendment is adopted: such hrs
= apnointees shall hold office ~respectlvel
as for one, two, three, four, five, six an,
~ seven years, and at the expiration OF eac
,f- term their successors shall be appolnte
le for the full term of seven years, ana I'll
Mayor. in making the first appointment
Gu shall designate the term Of Office OF Ill
TIC rpsnectiye appointees. The members {
DC said BOARD shall name and elect the
own officers and shall serve without con
es' nensation. but shall be allowed a seer
tary and such clerical assistance as ma
Ter he necessary, this to be determined, al
u !, the salaries fixed and paid by the Boa
o1 of Liquidation, which shall also Tx al
lea nav tho necessary amounts for the 9th
ach EXPENSES of said Board out of said tax
as The ayails of said tax, in excess
Tue. the amount necessary to pay the sen
Gu annual interest on said bonds ana I
uGh expenses of the Board as above set tori
I'D shall be invested by said Board Oh hlq =
&c dation for account OF said tund, OF III
10 y may purchase, at not more thah p
,n1 with said surplus at any tme' anu
tire said bonds and if, at any tme
,an. surplus reaches such an amount u
.ta the Board deems it not advlsa
rs ;nv to hold same longer, and 1t IS
10y 10y able to purchase said bonds at
t mn rate above stated, it shall then nave
+, ~ right to call in any Of said bonds, peg
= us ming with the highest number, but
jaw not exceeding their market value.
re- Said bonds shall be sold at par
"ns accrued interest all at one time OF
IT, IT, tially. as said Board Of Liquidation I
.. 9y determine. The Board herein cres
III, ~ shall be known as the New Orleans l.
uoic Shore Park Board, and shall nave
49,. right to purchase such properly as
~ he necessary within the limits above s.
Iii fed to establish thereon a axe II
'aILn1I mark and to build a sea wall anu
o'''' reclaim land from the lake by eXten,
9 +ho the sea wall into the lake ana III
aho oa the space between same and the pre-
" 10 shore line, and to do all other WORK Ut
: Nv sary to accomplish the purposes ne
,aoos proyided for. And said Board snail
= en. the right to sell or lease any POI
. Gu Of the property acquired hereundel
"p reclaimed as may not be necessary
~ ~ mark purposes. and, in selling saHt
Mn W., nrescribe the conditions under "
,trrc. same shall be held by private ow
|oa Ne with reference to the character OIL 0
.'e VI ings, sidewalks and other improven
anu To- he erected thereon. The said 4
'neie shall have the right to lay out and
~ within the property herein to De
pua onired. streets, avenues and bouIeV
',d " and to arrange for the proper lls
g ~ w. thereof. No purchase, sale or lease
4 oo me he made under the terms hereof
;a.;an ont the consent of the Board oil !
&c ' .Ia dation and the Commission Couhc
.t,.a - the CITY of New Orleans, or any
othe- body that may hereafter be in ch ma
u T. doll the affairs of the city of New Or
- 7u uur The civ Attorney shall be the
loMes. advisor Of the Board. The Mayor
ai nM Commissioner of Public Propert!
IL rIooms any officers hereafter created by
no names exercising the same functions.
pnh,;o he ex-of6cio. members of the Boaro
nd the Wlth0ul Gthe risn. " "om m;ttaes
yerning may pc appolntIu - snoak and D
IS may snail nave lhf iisn. of tho
=. .ho The engineering work necessa
houses carry out the provisions OF thls a
ho "h"n menf shall be under the supervise
the ci.y Hnsihesi, snoc;,l deput
{" W. have charge of the work, same
Il uo om selected by the Board herein create
ity En- cosl an.,d ~ ~ on ,re time the Board Of
=; dation be of the opinion sthaL py
60, et;., IF the payment of som of the no
ne,e!n standing obligations of the city o
uate Orleans funds will come into us
1lp.on' som other sources not pledged u
De lies nh1;aations. more than sufficient to !
ing anu ~ Tho bonds herein authorized, II
~uisition, cipal anu that the ~special tax
!. school luton, oec.aiV ,onaer necessary. an
in the leFleu 10 ~. o;ty ne New Orleau