The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-10-24
ACT NO. pa.
House Bill No. 537-By Mr.. Jahncke
JOINT RESOLUTION


Proposing an amendment to the Constitu-
ton OF the State of Louisiana relative
TO the issuance OF bonds and the levy
ing Of special tag to provide there.
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 1t resolved by the General
Assembly Of the State Of Louisiana, two
thirds OF all the members elected to each
amendment to the Constitution Of this
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:
quiring the front Of Lake Pontchartrain
from what Is known as West End to
Mllneberg. or such part thereof as may be
matter set forth. the city Of New Orleans
be. and 1t Is hereby. authorized to issue
bonds to an amount not exceeding q. v00.
90. in denominations Of $4,000. $4,000.
81. 10000. payable fifty years after date.
with interest at the rate Of IL per cent
II. and represented By coupons to be at
the payment Of the principal and interest
jof said bonds. there is hereby levied en-
lnually a special tax on all the proper ~,
| real and personal. In the city Of New
OIl6dUS. " TIC dIlOulll VI olA- tCAtAi4o "a
| one mill on the dollar, which shall be col
lecfed the same as the other taxes due
to the city OF New Orleans and be imrne-
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 a com
male or female. one from each Of the
municipal districts of the city Of New
Orleans. who shall be appointed by the
Commission Council as soon AZ this
amendment is adopted; such first ap-
ipointees shall hold Office respectively fol
one, two. three, four. five, six and sever
their successors shall be appointed fol
the full term of seven years. and the
Mayor, in making the first appointments
Irrespective appoIntees The members o.
said Board shall name and elect their owr
tof1cers and shall serve without compen-
sation. but shall be allowed a secretas,
land such clerical assistance as may b.
necessary. this to be determined, and tn
salaries fixed and paid by the Board o.
/ Iiquidation. which shall also fix and pa,
sad Bosrd out 0 Of aad a
4 The avails Of said tax, in excess OF IN
amount necessary to pay the semi -annua
Interest on said bonds and the expenses
invested n ss b. said Board Of Liquidation 70
account OF said fund. or they may pur
chase. at not more than par, with sal
Isurplus at any time. and retire said bonds
and II, at any time, the surplus reache
such an amount that the Board deems
mot advisable 70 hold same longer, and
lis not able to purchase said bonds at n
rate above stated. ii shall then have tn
|, right to call in any Of said bonds. begin
ming with the highest number. but at no
exceeding their market value.
/ Said bonds shall be sold at par and &C
: icrued interest all at one time or PARTIAL,
I as said Board OF Liquidation may deter
: mine The Board herein created shall b
) known as the New Orleans Lake Shot
3 Park Board. and shall have the right
r purchase such property as may be neces
1 sary within the limits above specified.
r 4 establish thereon a lake front park. an
4 | to build sea wall and to reclaim Ian
8 from the lake by extending the sea wa
! Into the lake and filing the space betwee
same and the present shore line. ana
: lido all other work necessary to accomplii
z the purposes herein provided for, and sa
J, Board shall have the right to sell
Y lease any portion Of the property acquir!
: hereunder or reclaimed as may not
n necessary for park purposes. and, In sci
q ling same. to prescribe the conditions III
n der which same shall be held by prfva
3 !owners. with reference to the chAract
o iof buildings. sidewalks and other trupr0v
i lments to be erected thereon The -