Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1914-10-16
Act No. 278
House Bill No 637. BY Mr.. Jahncke
JOINT RESOLUTION.

tuition of the State OF Louisiana rel
alive to the issuance OF bonds and
therefor by the City OF New Orleans
to create a lake shore park, to pro
vide for the administration Of thu
park, and for the sale Of certain
property acquired in connection there.
with.
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 elec-
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 1. That for the purpose OF &C.
curing the front of Lake Pontchartrain
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 be. and II is hereby. authorized
to issue bonds to an amount not ex-
ceeding $4,000. 10000. in denominations
Of $4,000. $4,000. 100000. payable
fifty years after date, with interest al
the rate OF IL per cent per annum
thereon. payable semi-annually. and rep
resented by coupons to be attached to
said bonds: and to provide for the pay
ment of the principal and interest OF
said bonds. there is hereby levied an
nualiy 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 he
collected the same as the other taxes
due to the City of New Orleans and be
Immediately paid to the Board Of Lia-
uidation of the City Of New Orleans
what shall he known as the Lake
Shore Park Bond Fund.-" and to estab-
iish and administer said park. there Is
hereby created a commission or seven
cltfzens and tax payers, male or 1emaie
one from each OF the municipal dis
tricts of the City OF New Orleans. who
snail be appointed by the Mayor or the
city and confirmed by the Commits
is adopted; such first appointees shall
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 Of Of
rice or the respective appotntees The
members OF said Board Shall name and
elect their own officers and shall serve
without compensation. but shall be al
lowed secretary and such clerical as
sfstance as may be necessary. this to
be determined. and the salaries fixed
and paid by the Board OF Liquidation
sary amounts for the other expenses
or 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
or 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
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. az 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
erty as may be necessary within the
limits above specified, to establish
thereon lake front park. and to build
a sea wall and to reclaim land from 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 may
not be necessary for park purposes. and
In selling same. to prescribe the condi-
tions under which same shall be held
the character Of buildings. sidewalks
and other improvements to he erected
thereon. The said Board shall have
the right to lay out and pave. within
the property herein to be acquired.
M h0xx a.. A.
arrange for the proper lighting thereof.
No purchase, sale or lease shall be
made under the terms hereof without
the consent OF the Board OF Liquida-
city OF New Orleans. or any other body
that may hereafter be In charge Of the
affairs of the city Of New Orleans The
City Attorney shall be the legal advi-
sor 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
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
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.
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
It's hands from other sources not
sufficient to provide for the bonds here.
In authorized. in principal and inter-
Est. then II may. by resolution, declare
that the special tax herein levied IL no
longer necessary. and thereupon the
city OF New Orleans shall cease to col
ect such tax; but said tax shall revive
1t any time. should II become necessary
In order that the Board should have
sufficient funds to meet the interest on
turity thereof. IL same have not here
tofore been purchased or retired a.
set forth. And said Board
Of Liquidation shall determine, II II deem
t advisable: what amount 1t shall set
aside annually to provide for said sink
ng fund: but this right in TIE Board
shall be optional with Il and heed not
De exercised II the other means referred
10 for retiring said bonds shall. in the
20 protect the rights Of the holders
thereof.
Should any property within the linn
ts hereinbefore specified be deemed by
he said Board advisable for the pur-
bose 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
light by appropriation proceedings. to
acquire said property: and said Board
shall have the right to receive 9ny Of
,aid property by donation or beduest.
rhe title to all property acquired here
lnder, whether by purchase. donation.
or otherwise. shall be in
The name of the City Of New Orleans.
Section 2. Be IL further reserved,
.tc. That on the official ballot 10 be
lsed in said election shall be placed
he words For the Lake Shore Park