The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1914-09-19
ACT NO. 27s.
House Bill No. 537-By Mr.. Jahncke
JOINT RESOLUTION

House Bill No. 537-By Mr.. Jahncke.
JOINT RESOLUTION
Proposing an amendment to the Constitu-
ton OF the State of Louisiana relative
to the issuance OF bonds and the levy
Ing Of special tax to provide there
create lake shore park. to provide
for the administration Of the park,
and for the sale of certain property
acquired in connection Herewith.
Section 1. Be It resolved by the General
Assembly Of the State of Louisiana, two
thirds Of all the members elected to each
amendment amend to the Constitution Of this his
State at the next general election for
representatives in Congress to be holden
on the Tuesday next following the first
Monday in November, 1914, to-wit:
ourns the ront % Lake
from what is known as West End to
Aiilneberg, or such part thereof as may be
deemed necessary and advisable. as here
be. and it is hereby. authorized to issue
bonds to an amount not exceeding $4,000,
600. 90. In denominations Of $4,000. $4,000.
8, 600; 90. payable nifty years after date,
per annum thereon, payable semi annual
ly, and represented by coupons to be at
tached to said bonds: and to provide for
of said bonds. there is hereby levied IN.
nually a special tax on all the proper ty,
real and personal. in the city Of New
Orleans. to the amount Of six-tenths OF
one mill on the dollar. which shall be COL
lected the same as the other taxes due
to the city of New Orleans and be imme-
diately paid to the Board Of Liquidation
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 establish and administer
said park, there is hereby created COM
mission Of seven citizens and taxpayers
municipal districts Of the city Of New
Orleans. who shall be appointed by the
Mayor OF the city and confirmed by the
s%enams0t is adopted g. s sSSn rst ap
pointees shall hold office respectively fol
one. two. three. four, five. six and sever
years, and at the expiration of each term
the full term Of seven years. and tht
Mayor. in making the first appointments
shall designate the term Of Office Of the
respective appointees The members O
officers and shall serve without compen-
sation. but shall be allowed a secretary
land such clerical assistance as may b.
necessary. this to be determined. and the
Liquidation. which shall also fix and pay
the necessary amounts for the other ex.
penses of said Board out Of said tax.
The avails of said tax. in excess Of thu
amount necessary to pay the semi annua
interest on said bonds and the expenses
| of the Board as above set forth. shall bs
invested by said Board of Liquidation fol
account of said fund. or they may pur
chase. at not more than par, with salt
surplus at any time. and retire said bonds
and II. at any time, the surplus reaches
such an amount that the Board deems /
not advisable to hold same longer. and 1
| Is not able to purchase said bonds at tn
rate above stated, It shall then have tn,
right to call In any Of said bonds. begin
ming with the highest number. but at no
exceeding their market value.
| Said bonds shall be sold at par and &C
crued interest all at one time or partially
| as said Board Of Liquidation may deter
mine. The Board herein created shall b
known as the New Orleans Lake Shor
Park Board. and shall have the right t
purchase such property as may be neces
sary within the limits above specified. I
establish thereon q lake front park. an
1 to build a sea wall and to reclaim Ian
from the lake by extending the sea wa
into the lake and filling the space betwee
same and the present shore line. and
do all other work necessary to accompIis
the purposes herein provided for. and sal
Board shall have the right to sell Q
lease any portion Of the property acquire
hereunder or reclaimed as may not b
necessary for park purposes, and. In sell
ing same, to prescribe the conditions IN
der which same shall be held by privat
i oWners. with reference to the charactf
of buildings, sidewalks and other Improve
iments to BE- erected thereon The al