St. Tammany farmer. [volume] (Covington, La.) 1874-current, 1914-08-22
80 - g2-l477 = L
Secretary Of State.
ACT NO.. 278.

IeldtlVe 10 the issuance of Bond
and the levying of a special ia.
/ to provide therefor by the City o
New Orleans, to create lake shor,
park, to provide for the admins
f. trat1on of the park, and for tn,
I sale of certain property acquired
in connection Herewith.
! Section /. Be it resolved, by tn,
General Assembly Of the State of Lou
Iislana, two-thirds of all member,
elected to each house concurring
That the following amendment to tn,
Constitution of this State be submit
tied to the electors Of the State al
the next general election for repre-
5sentatives in Congress to be holder
on the Tuesday next following the
first Monday in November, 1914, to-
wit:
Article i. That for the purpose
|of acquiring the front of Lake Pont.
chartrain from what is known as
West End to Milenburg, or such part
thereof as may be deemed necessary
and advisable, as hereinafter sci
forth, the city of New Orleans be
and it is hereby authorized to issue
bonds to an amount not exceeding
$3,OOO,0OO.O in denominations OF
$4,000, $4,000, 100000, payable
fifty years after date, with interest
at the rate of IL per cent per an
mum thereon, payable semi-annually
and represented by coupons to be at
tached to said bonds: and to provide
for the payment of the principal and
interest of said bonds, there is mere
by levied annually special tax on
all the property, real and personal,
T in the city OF New Orleans, to the
amount of six-tenths of enc mill on
the dollar, which shall be collected
the same as other taxes due to the
city of New Orleans and be .mmedi-
ately paid to the Board of Liquida-
ton OF the city of New Orleans where
same shall be held separate, in what
shall be known as the Lake Shore
Park Fund" and to establish and
administer said park, there is hereby
created commission of seven citi-
zens and taxpayers, male or female,
one from each of the Municipal Dir
tricts of the city of New Orleans, who
shall be appointed by he Mayor Of
the city and confirmed by the Com
mission Council as soon as this
is adopted; such first APP
pointee 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 terms of
seven years, and the Mayor, in max
ing the first appointments, shall des-
ignate the term of office of the re-
spective appointees. The members
Of said Board shall name and elect
their own officers and shall serve
compensation, but shall be
allowed secretary and such clerical
assistance as may be necessary, this
to be determined, and the salaries
fixed and paid by the Board of Liqui-
lation, which shall also fix and pay
the necessary amounts for the other
expenses of said Board out of sad
tax.
The avails of said tax, in excess OF
The amount necessary to pay the semi
annual interest on said bonds and
he expenses of the Board as above
;et forth, shall be invested by said
Board Of Liquidation for account Of
,aid fund, or they. may purchase,
It not more than par, with said sur
plus at any time, and retire said
,onds; and If, at any time, the sur
illus reaches such an amount that
he Board deems it not advisable to
lold same longer, and it is not able
o purchase said bonds at the rate
Lboye stated, it shall then have the /
light to call in any Of said bonds,
x.,s< hn hf0hnCf hnrss
tut not exceeding their market value. [
Said bonds shall be sold ct par and |
accrued interest all at one time or
PARTIALLY, as said Board of Lsquida-
ION may determine. The Board
lerein erected shall be known as the
few Orleans Lake Shore Park Board, I
nd shall have the right to purchase /
UGH property as may be necessary T
within the limits above specified, to I
establish thereon a lake front park, i
nd to build a sea wall and to re- T
lain land from the lake by extend /
ng the sea wall into the lake and I
llling the space between same and t
he present shore line, and to do all I
ther work necessary to accomplish t
he purposes herein provided for. I
md said Board shall have the right |
o sell or lease any portion of the
acquired hereunder or re-
laimed as may not be necessary for
ark purposes, and in selling same,
o prescribe the conditions under /
which same shall be held by private ),
,wners, with reference to the chair I
cter Of buildings, sidewalks and !
ther improvements to be erected I
hereon. The said Board shall have
he right to lay out and pave, within 4
he property herein to be acquired. +
treets. avenues and boulevards, and I
o arrange for the proper lighting 1
hereof. No purchase, sale or lease !
hall be made under the terms hereof +
Without the consent Of the Board OF t
and the Commission I
,ouncil of the city of New Orleans.
any other body that may here {
,fter be In charge of the affairs OF 7
he city Of New Orleans. The City I
attorney shall be the legal advisor
{ the Board. The Mayor and Com I
missioner of Public Property, CT any /
Ulcers hereafter created by other
ames exercising the same functions.
hall be ex-officio members OF the /
seard, but without the right to vote /
herein, but may be appointed on :
and shall have the right I
o speak and present resolutions at !
ny meeting of the Board.
The engineering work necessary to I
AIRY out the provisions Of this
shall be under the super i
ision OF the City Engineer, who, /
rmnvnr oha11 annnfut snnn or more z