Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1914-10-02
Act No. 278
House Bill No. 537. BY Mr. Jahncke
JOINT RESOLUTION,

Proposing an amendment to the Consti-
tuition OF the State OF Louisiana rel
alive 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 pro-
vide for the administration of the
park. and for the sale OF certain
property acquired In connection there
with.
Section 1. Be II resolved by the Gen.
eral Assembly OF tire 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
Der. 1914, to-wit:
Article 1. That for the purpose Of ac-
quiring the front of Lake Pontchartrain
from what is known as West End to
be deemed necessary and advisable. as
hereinafter set forth. the City of New
Orleans be. and 1t is hereby. authorized
to issue bends to an amount not ex-
of $4,000. $4,000. 100000. payable
fifty years after date. with interest at
the rate of ~ per cent per annum
thereon. payable semi-annually. and rep
said bonds: and to provide for the pay
ment of the principal and interest Of
said bonds. there is hereby levied an
nually a 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
collected the same as the other taxes
due to the City OF New Orleans and be
n%nnn paid c t. the ., SsW Of s
where same shall be held separate. In
what shall be known as the Lake
shore Park Bond Fund" and to estab-
,ish and administer said park. there is
hereby created a commission OF seven
cltizens and tax payers. male or female
one from each OF the municipal dis
trfcts OF the City OF New Orleans. who
shall be appointed by the Mayor OF the
city and confirmed by the Commits
sion Council as soon as this amendment
is adopted; such first appointees shall
hold OFFICE respectively for one, two
three. four, five. six and seven years
ana 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 OF Of
flee OF the respective appointees. The
members of said Board shall name and
elect their own officers and shall serve
without compensation. but shall be al
lowed a secretary and such clerical as
be determined. and the salaries fixed
and paid by the Board OF Liquidation
which shall also fix and pay the neces-
sary amounts for the other expenses
OF said Board out Of said tax.
The avails Of said tax. IN excess of
the amount necessary to pay the semi
annual interest on said bonds and the
expenses Of the Board as above set
forth. shall be invested by said Board
Of Liquidation for account of said fund.
or they may purchase. at not more than
par. with said surplus at any time. and
retire said bonds: and II. at any time,
the surplus reaches such an amount
that the Board deems It not advisable
to hold same longer. and IT is not able
to purchase said bonds at the rate
above stated. II shall then have the
right to call in any Of said bonds. be-
ginning with the highest number. but
at not exceeding their market value.
Said bonds shall be sold at par and
accrued interest all at one time or par
TALLY, an said Board OF Liquidation
may determine. The Board herein ere
ated shall be known as the New Or
have the right to purchase such prop
erty as may be necessary within the
limits above specified. to establish
thereon lake front park. and to build
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
said Board shall have the right to sell
or lease any portion of the property ac-
quired hereunder or reclaimed IS may
not be necessary for park purposes and.
N ., selling same, to prescribe the condi,
by private owners. with reference to
the character Of buildings. sidewalks
and other improvements to be erected
the right to lay out and pave. within
the property herein to be acquired.
streets. avenues and boulevards and to
arrange for the proper lighting thereof.
Mo rnasr tb sale t., or lease shall be
the consent OF the Board OF Liquida-
ton and the Commission Council Of the
City OF New Orleans. or any other body
that may y her hereafter aft be in charge Of the
City Attorney shall be the legal advi-
sor OF the Board. The Mayor and Com
missioner Of Public Property. or any
Officers hereafter ,S created BY 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
meeting Of the Board
The engineering work necessary to
carry out the provisions OF this amend
ment shall be under the supervision of
the City Engineer. who. however. shall
have charge Of the work. same to be
selected by the Board herein created
and confirmed by the Board Of Liqui-
dalton.
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
its hands from other sources not
sufficient to provide for the bonds here
in authorised. in principal and inter-
est. then 1t may. by resolution. declare
that the special tax herein levied Is no
City OF New Orleans shall cease to COL
lect such tax; but said tax shall revive
at any time, should 1t become necessary
in order that the Board should have
sufficient funds to meet the interest on
the bonds and the principal, at the ma
turity thereof. II same have not here
tofore been purchased or retired as
set forth. And said Board
of Liquidation shall determine, II II deem
1t advisable. what amount 1t shall set
aside annually to provide for said sink
ing fund; but this right in the Board
shall be optional with 1t and need not
to for retiring said bonds shall, in the
judgment OF said Board. be sufficient
to protect the rights Of the holders
thereof.
Should any property 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 q reasonable and just price. then
the City Of New Orleans shall have the
right, by appropriation proceedings to
acquire said property: and said Board
shall have the right to receive any Of
said property by donation or bequest.
The title to all property acquired here
under, whether by purchase. donation.
or otherwise. shall be in
the name of the City Of New Orleans
Section 2. Be Il further reserved
etc, That on the official ballot to be
used in said election shall be pIaced