Tensas gazette. [volume] (St. Joseph, La.) 1886-current, 1914-09-11
Act No. 278
House Bill No. 537. By Mr.. Jahncke.
JOINT RESOLUTION.

JOINT RESOLUTION.
Proposing an amendment to the Consti-
tuition OF the State OF Louisiana rel
alive to the issuance or bonds and
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 l. 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 Tor Representatives in Con-
gress to be holden on the Tuesday next
following the First Monday in Novem-
Der. 1914. to-wit:
Article I. That for the purpose of ac-
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- ard ii is hereby. authorized
to issue bonds to an amount not ex-
ceeding $4,000. 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
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
Immediately paid to the Board OF LID
where same shall be held separate. In.
what shall be known as the LAKE
Shore Park Bond Fund" and to estab-
fish and administer said park. there Is
citizens and tax payers. male or female.
one from each of the municipal DIS
tricts of the CITY of New Orleans, who
shall be appointed by the Mayor or the
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 fun term of seven years. and the
Mayor. in making the first appoint
'nents shall designate the term or OF
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 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.
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 1t not advisable
to purchase said bonds at the rate
above stated. 1t 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
TALLY. as said Board Of Liquidation
NAV determine. The Board herein cree
ated shall be known as the New Or
leans La 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
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 condt-
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 out and pave. within
the property herein to he acquired.
streets. avenues and boulevards. and to
arrange for the proper lighting thereof
made UNDER the terms hereof Without
the consent of the Board Of Liquida-
ton and the Commission Council Of the
City OF New Orleans. or any other body
that may hereafter 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
the sss.S BY nct StSs
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
appoint one or more special deputies to
have charge OF the work. same to be
selected by the Board herein created
ard confirmed by the Board Of Liqui-
: ion.
should. at any time. the Board of
Liquidation be OF the opinion that by
reason of the payment of some Of the
now outstanding obligations Of the City
of New OrleanA 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
that the special tax herein levied il 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
hereinabove set forth. And said Board
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.
its 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
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.
appropriation or otherwise. shall be in
the name Of the City OF New Orleans.
Section 2. Be II further reserved.