Lower coast gazette., 1914-10-03
ACT NO.. 27S

ALVIN e. HEBERT,
Secretary of State.
ACT NO. 27S
House Bill No. 537. By Mr.. Jahncke $
JOINT RESOLUTION
Proposing an Amendment to the Con
stltutlon OF the State OF Louisiana rela- (
tive TO the issuance OF Bonds and the
leyying OF a SPECIAL tax to provide
therefor by the City OF New Orleans,
to create a lake shore park, to provide e
for the administrator OF the park, ana I
for the sale OF tertaln property ac-
Quired in connection Herewith. {
Section l. Be it resolved, by the Gen /
eraI Assembly OF the State OF Louisiana, {
two-thlrds OF all members elected to each
mouse concurrlng, that the following
amendment to the Constitution OF this
state be submitted to the electors OF the
State at the next general election tof
Representatives in Congress to be holden
on the tuesday next following the hrst
Monday in November. 1914, to-wlt:, i
Article l. That tor the purpose Oh
| acquiring the front of Lake Pontcnartraln
iron. what is known as West End to
Mllneburg, 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 exceed
ing 81. OUU,UUU.W, in denominations OIL
$1,000, S5UV,VO, $1,UOOW, payable fifty
years after date, with interest at Tue
rate of 1 l/2 per cent per annum thereon,
nayable seml-annually, and represented
py coupons to be attached to SAID bonds;
and to provide for the payment OF the
principal and interest OF SAID bonds, there
!. IS hereby levied annually a SPECIAL tax
:, on all property, real and personal, IN the
! city OF New orleans, to the amount Oh
Z slx-tenths of one mil on the dollar, which
y snail be collected the same as the other
taxes due to the city OF New Orleans ana
y be Immediately paid to the Board Oh
Liquidation OF the city OF New Orleans
where same shall be held separate, III
what shall be known as the Lake Snore
y Park Bond Fund ;" and to establish ant
y administer SAID park, there is hereby Gre
y, ated a COMMISSION Of seven citizens ant
~ taxpayers. male or female, one from eacl
~ of the Municipal districts OF the CIT.
of New Orleans, who shall be appolnte
~ by the Mayor OF the city and connrme
e nv the Commission Council as soon a
y, this amendment is adopted: such hrs
appointees snail hold ONCE respectlyel
on 1or one, two, three. TOUR. hye, SIX al
~ seven years, and at the expiration Oh eac
No term, their successors Snall De appointe
jug tor the tull term OF seven years, anu u
Ia mayor, in making the first appointmen,
s',a shall designate the term OF once OF u
Nv respective a%ppointees. line members
We said Board shall name and elect the
80 own officers and shall serve without co
'e. pensation, but shall be allowed a secl
lary and such clerical assistance as IN
u.s.. be necessary, this to be determined, d
vi the salaries liked and paid by the Boa
'Ia of Liquidation, which shall also n1 a
nav the necessary amounts tor the OH
'usn expenses OF said Board out OF SAID Ia
The ayails of said tax, in excess
I've the amount necessary to pay the SCI
Gu annual interest on said bonds and
SUI u expenses OF the Board as above set tol
So'. shall be invested by said Board OF Lac
.ueu dation for account Of said fund, or &
. ~ may purchase, at not nOre mai !
-. ~ with said surplus at any time, ana
aams tire said bonds and if, at any time
eaus surplus reaches such an amount I
u Ne. : the Board deems it not advls'
cs!ne to hold same longer, and 1t Is
~. 10y able to purchase said bonds at
o !. ~ rate above stated, it shall then have
vi right to call in any of said bonds, be
mus nlng with the highest number, but
'oalu not exceeding their market value.
re- Said bonds shall be sold at par
) any accrued interest all at one time or
o re- tially, as said Board Of Liquidation
= ny determine. The Board herein ere
TO shall be known as the New Orleans
'uDhc Shore Park Board, and shall have
right to purchase such property as
etc:' he necessary within the limits above $
0 mil, fed to establish thereon a lake
orlzed mark and to build a sea wall an
soiely recIaim land from the lake by exten
:. the sea wall into the lake and u
OF tne Tho space between same and the pr
,chase shore line, and to do all other work ,
De III sarv to accomplish the purposes d
New nroyided for. And said Board shall
neces- the right to sell or lease any Pc
or Gu Of the property acquired hereundf
ap.. reclaimed as may not be necessar,
ent OF nark nnrposes. and, in selling san
Win prescrihe the conditions under
Clv same shall be held by private oV
astruc. with reference to the character or
nee OF NOS sidewalks and other improve,
% and tne = erected thereon. The said ]
there shall have the right to lay out ana
within the property herein to D
e pur. ",,;rod streets. avenues and bouie
ton OF and to arrange for the proper III
)ard OF 4horeof No purchase, sale or lease
OF the ha made under the terms hereof
70 con- " tho consent of the Board OF
mission dat;on and the Commission Coun
OF the 49, o;+v of New Orleans, or any
ntracts hodv that may hereafter be in cha
y other w. offa;rs of the city Of New VI
red dol I'M C;tv Attorney shall be the
lowest adr;sor If the Board. The Mayo
q after Tomm;ssioner Of Public Proper
Ine ON INV officers hereafter created by
orleans. na exercising the same function:
as ho ox'offcio members of the Boar
PuDnc without the right to vote therel
,verning may De r." r;aht to speak and
ms may snsairt;ons at any meeting Of the
mo engineering work necess
tor tne oorrr ont the provisions of this
! houses uant shall he under the supervl
res snali tha c;tv Engineer, who, however
lnglneer- .n nno;nt ono or more special dept
New VI. hppe charge of the work, same
be Done salao+od hv the Board herein crea'
ton q oom6rmod nv the Board Of Llqu
City En- coH Sas,S ~ " onv time. the Board o
l1ni dation be of the opinion tna the ny y,
Is herein OF tae pas Shi;aat;ons Of the city
the date s.an fmnds will com into 1T
lemption, oriean ntber sources not pledged t
be free 1l9 m more than sufficient to
lting and pps a. honds herein authorized,
,vided in for ,n er1 interest. then it may,
.quisition clpa, DECLARE that the special ia:
ic school iu w 10 no longer necessary, a
es in the ieviea ,n |" the city Of New Orlea