The Natchitoches enterprise., 1914-10-08
kct No. 278
House Fill No. 537 BY Mr. JahnCke.
JOINT RESOLUTION

JOINT RESOLUTION,
Proposing an amendment to the Consti-
tuition of the State of Louisiana rel
ative to the issuance of bonds and
the }evYin" of special tax to provide
therefor by the city of New Orleans,
to create lake shore park, to pro
vide for the administration of the
park, and for the sale of certain
pr"perty acquired In connection there
with.
Section Re It resolved by the Cen
eral Assembly of tie state of Louisi
ara. two thirds of all members elected
to each house concurring. That the fol-
l0win" amendment to the Constitution
of this state he submitted to the cleo
tors of the state at the next general
election For Representatives in Con-
eress to be holden on the Tuesday next
following the First Monday in Novem-
Der. 1914. to-wit:
Article l. That for the purpose of &C
quring the front of Lake Pontchartratn
from what is known as West End to
Milneherg. or such part thereof as may
be deemed necessary and advisable, as
hereinafter set forth, the City of New
Orleans be. and it is hereby, authorized
to issue bonds to an amount not eX-
ceeding S3.000.0 10000 in denominations
fifty years after date. with interest at
the rate of IL per cent per annum
thereon, payable semi-annually. and rep
resented by coupons to be attached TO
ment of the principal and interest OF
said bonds, there is hereby levied an
nuaIIy special tax on all the properly
real and personal. in the City OF New
Orleans, to the amount Of siX-tenths OF
one mill on the dollar which snail pc
collected the same as the other taxes
due to the City of. New Orleans ana De
Immediately paid to the Board OF Llq-
uidatton 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 estaD-
lish and administer said park, there is
hereby created a commission OF seven
citizens and tax payers, male or female
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 Commits
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
their successors shall be appointed TOT
the full term of seven years. and tne
Mayor. IN making the first appolnt-
ments. shall designate the term of Of
flee of the respective appotntees. me
members of said Board shall name ana
elect their own officers and shall serve
without compensation. but shall he al
lowed a secretary and such clerical as
sistance as may be necessary, this TO
be determined and the salaries fixed
ard raid by the BOARD of LtGuidatton'
which shall also fix and paw 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
rar. with said surplus at any time. and
retire said bonds; and if, at any time.
M n
that the Board deems it not advisable
to hold same longer, and 1t is not able
to purchase said bonds at the rate
above stated. 1t shall then have the
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. as said Board of Liquidation
may determine. The Board herein ere
ated shall be known as the New Or
leans Lake Shore Park Board. and shall
have the right to purchase such prop
erty as may be necessary within the
limits above specified to establish
thereon a lake front park. and to build
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 nurnoses herein provided for. And
sad Board shall have the right to sell
or lease anv portion of the property ac-
uuired hereunder or recla lined as NAV
not be necessary for park purposes. AMI
in selling same. to prescribe the con6i
lions under which same shall be held
by private owners. with reference to
the charart Of buildings. sidewalks
and other improvements to he erected
thereon. The said Board shall have
the right to lay out and pave, within
tho nronertv herein to he ACQUIRED
streets. avenues and boulevards. and to
arrange for the proper lighting thereof
M purchase. sale or lease shall be
made under the terms hereof without
the consent of the Board of Liquida-
ton and the Commission Council of the
{ itN of New OrleanS or am other body
that NAV herea ter ho in charge of the
affairs of the citv of New Orleans. The
sor of the Board. The Mayor and Com
r''estoner Of Public Property. or anv
ofT;cers hereafter created by othe~
ra~,os EXERCISING the same functions
Board. but without the right to vote
therein but may be appointed on com
nittees and shall have the right to
sneak and present resolutions at any
meeting of the Board
The engineering work necessary to
carry ont the provisions of this amend
ment call 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-
dation.
Licufda ton 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 bands o from
sufficient to provide for the bonds here
in authorized In principal and inter
est. then 1t may by resolution, declare
that the special tax herein levied Is no
longer necessary, and thereupon the
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, If same Have not here
tofore been purchased or retired as
of Liquidation shall determine, if it deem
II advisable, what amount 1t shall SGT
aside annually to provide for said sink
ing fund; but this right in the Board
shall be optional with it and need not
be exercised If the other means referred
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 linn
its hereinbefore specified be deemed by
the said Board advisable for the pur-
pose herein contemplated. and the Board
for 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 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