The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1914-09-26
Act No. 278
House Bill No. SGT. BY Mr. Jahncks.
JOINT RESOLUTION,

@AopoSAaAk du aIIitNuHlef1E 10 the consul
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 J. Be 1t resolved by the GEN
eral Assembly of the State of Louisi-
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
gress to be holden on the Tuesday next
following the First Monday In Noyem-
Der. 1914, to-wit:
Article 1. That for the purpose of ac-
curing the front of Lake Pontchartrain
from what is known as West End to
M1fneberg, 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-
Of $4,000, $4,000. 100000 payable
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
said bonds: and to provide for the pay
ment of the principal and interest OF
said bonds. there is hereby levied an
nually 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
nannn pal paid t. the Na Of @
where same shall be held separate, In
what shall be known as the Lake
Shore Park Bond Fund" and to estab-
ifsh and administer said park, there IS
hereby created a commission of seven
citizens and tax payers. male OF female.
one from each of the municipal dis
tricts of the City OF New Orleans, who
shall be appointed by the Mayor of the
city and confirmed by the Commits.
Is adopted; such first appotntees shall
hold office respectively for one, two,
three, four, five, six and seven years,
and the expiration Of each term,
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 secretary and such clerical as
distance as may be necessary, this 70
be determined, and the salaries fixed
and paid by the Board of Liquidation.
which shalt 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 il, 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. It shall then have the
right to cali 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, as said Board of Liquidation
may determine. The Board herein Gre
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 purposes herein provided for. And
said Board shall have the right to sell
CURED hereunder or reclaimed as may
not be necessary for park purposes, and,
In selling same, to prescribe the con5.-
tions under which same shall be h,sid
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
streets. avenues and boulevards, and to
arrange for the proper lighting thereof.
No purchase, sale or lease shall be
made under the terms hereof without
ton and the Commission Council Of the
City of Now 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-
missioner of Public Property. or any
officers hereafter created by other
names exercising the same functions,
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
speak and present resolutions at any
meeting Of the Board.
The engineering work necessary to
carry out the provisions of this amend
ment shall be under the supervision Of
3he City Engineer. who, however, shall
appoint one or more special deputies to
have charge of the work, same to be
and confirmed by the Board of Liqui-
dalton.
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 Orleans, funds will come into
it's 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 lis 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 it 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
of Liquidation shall determine, If It 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
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 herefnbefore specified be deemed by
the said Board advisable for the pur-
pose herein contemplated. and the Board
finds that same cannot be purchased
for 9 reasonable and tust 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 beauest.
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 z. Be 1t further reserved.
etc. That on the official ballot to be
used in said election shall be placed
the words For the Lake Shore Park
Amendment and the words against
the Lake Shore Park Amendment, and
each elector shall indicate. as provided