The Natchitoches enterprise., 1914-08-27
Act No. 27S
House Bill No. 637. BY Mr.. Jahncke.
JOINT RESOLUTION.

tuition of the State of Louisiana rel
ative to the issuance of bonds and
| the levying of II 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 /. BE II resolved by the Cen
| eraI Assembly of tie 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
| tors of the State at the next general
| election For Representatives in Con-
| greSs to be holden on the Tuesday next
| following the First Monday in Novem-
| Der. 1914. to-wit
| Article l. That for the purpose of ac-
| curing the front of Lake Pontchartratn
| 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 he. and it is hereby, authorized
| to issue bonds to an amount not eX-
ceeding $4,000, 10000. in denominations
| Of 10000, $4,000. 100000, paya Vie
| fifty years after date, with interest AZ
| the rate of 4 IL per cent per annum
| thereon. payable semi annually. ana rep
resented by coupons to be attached 10
| said bonds; and to provide for the pay
| mont of the principal and interest OF
/ Sai1 bonds. there is hereby levied an
| nuallE special tax on all the property
| real and personal. in the City of New
| Orleans. to the amount of stx-tenths or
| ore mill on the dollar. which shall be
| collected the same as the other taxes
| due to the City of New Orleans and be
| Immediately paid to the Board of Llq-
| uidatfOn of the city of New Orleans
| where same shall he held separate IN
| what shall be known as the Lake
/ Shore Park Bond Fund" and to estab-
lish and administer said park, there is
hereby created commission OF seven
! citizens and tax payers male or femaie'
| one from each of the municipal dis-
trictS of the City of New Orleans, VINO
shall be appointed by the Mayor of the
city and confirmed by the Commls-
sion Council as soon as this amendment
is adopted; such first appointees snail
hold office respectively for one, TWO
three. four. five. six and seven years
and the expiration of each term
their successors shall be appointed for
the full term of seven years. and the
Mayor, In making the first appoint
mentS shall designate the term or or
flee 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 secretary and such clerical as
| SiStance as may be necessary, this TO
be determined and the salaries fixed
and paid by the Board of Liquida ton.
which shall also fix and pay the neces-
| sary amounts for the other expenses
| of said Board out of said tax
Tho avails of sail tax in excess OF
| the amount necessary to pay the semi
! annnal interest on said bonds and the
j exref ses of the Beard as above s"t
! forth. shall be invested by said Board
| of Liquidation for account of said funl,
! or they may purchase. at not more than
| par. with said surplus at any time. and
| retire said bonds: and if at any time,
| the surplus reaches such an amount
that the Board deems 1t not advisable
| to hold Same longer and 1t is not able
/ to purchase sail bombs at E1e rate
| above stated. 1t shall then have the
right to call in any of said bonds. be-
| ginning with Tire highest number but
! at not exceeding their market value.
Said bonds shall he sold at rar and
| accrued interest all 1T one time or par-
| TALLY. AZ said Board of Liquidation
! ated shall be known as the New or
| leaHs Lake Shore Park Board, and shall
/ have the right 70 purchase such prop
| erty as may be necessary within tho
! limits above specified. to establish
| thereon a lake front park. and to build
a sea wall and to 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-
quired hereunder or reclaimed as NAV
not he necessary for park purposes. and.
in selling same. to prescribe the condi-
| by private owners. with reference to
the character Of buildings. sidewalks
and other improvements to be erected
thereon. The said Board shall have
the right to lay ont and pave. within
the property herein to he ACQUIRED.
streets. avenues and boulevards. and to
arrange for the proper lighting thereof
No purchase. sale or lease shall be
made under the terms hereof without
tho consent of the Board of I.foui1a-
ton and The Commission Council of the
{ ity OF New Orleans. or ang 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-
snr Of the Board. The Mayor and Com
officers hereafter created by other
names exercising the same functions.
shall be ex-officio members of the
Board, but without the right to vote
mittees and shall have the right to
speak and present resolutions at any
meeting of the Board.
The engineering work necessary to
carry out the provisions OF this amend
ment enalI be under the supervision of
the City Engineer. who however. shall
appoint one or more special deputies to
have charge of the work, same to be
selected by the Board herein created
and confirmed by the Board Of Liqui-
da ton.
should, at any time the Board of
Iinuida ton be of the opinion that by
now outstanding obligations of the City
of New Orleans. funds will come into
its hands from other sources not
pledged to other obligations, more than
sufficient to provide for the bonds here
in authorized. in principal and inter
est then 1t may, by resolution, declare
TINT the special tax herein levied is no
longer necessary, and thereupon the
CITY of New Orleans shall cease to col
lcct such tax; but said tax shall revive
at any time. should it become necessary
! eli,
sufficient funds to meet the interest on
the bonds and the principal at the ma
turity thereof. if same Have not here
tofore been purchased or retired as
hereirah hove set forth. And said Board
of I.ioui!ation shall determine, If 1t deem
II advisable. what amount IT shall set
aside annually to provide fer said sink
ing fund: but this right in the Board
shall be optional with ii and need not
be exercise If the other means referred
20 for refining said bonds shall, in the
to protect the rights Of the holders
thereof.
should any prorertv within the lin
it's hereinbefore specified be deemed by
the said Board advisable for the pur-
pose herein contemplated, and the Board
finds that same cannot be purchased
for a reasonable and just price then
the City of New Orleans shall have the
right, by appropriation proceedings. to
acnuirn said property; and said Board
shall have the right to receive any of
said property by donation or beduest
The title to all property acquired here
under whether by purchase. donation.
appropriation or otherwise. shall be in
the name of the City of New Orleans.
Section 2. Be 1t further reserved.
ETC. That on the official ballot to be
used In said election shall be placed
the words For the Lake Shore Park
Amendment" and the words Against
the Lake Shore Park Amendment; and
each elector shall indicate. as provided
in the general election laws of this
State. which OF the said propositions he
shall vote fpr.
L. f. THOMAS,
Speaker of the House of Representatives
THOMAS G. BARRETT
Lieutenant Governor and President Of
the Senate.
A ANNOYED. July @ 1Q1A