The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1914-09-11
Act No. 27S
House Bill No SGT. BY Mr. Jahncke.
JOINT PJTSOT IrTT0N

| JOINT RESOLUTION,
! Proposing an amendment to the Const!
tuition Of the State of Louisiana rel
ative to the issuance of bonds anC
the levying of q special tax to provide
therefor by the city of New Orleans
to create a lake shore park. to pro
vide for the administration of th'
| park. and for the sale Of certain
property acquired in connection there
with.
Section l. Be It resolved by the Gen.
eral Assembly of TIE State of LOuisi.
ana, two-thirds Of all members elected
to each house COncurring, That the fol
| lowing amendment to the Consttut1or
| of this State be submitted to the eleC-
tors Of the State at the next genera
! election For REPRESENTATIVES in Con
| gress to be holden on the Tuesday next
following the First Monday in Novem-
Der. 1914, to-wit:
Article |. That for the purpose OF &C.
| curing the front OF Lake PontChartrain
from what is known as West End to
| Milneberg. or such part thereof as NAV
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-
| ceeding $4,000, 10000, in denominations
| of $4,000, $4,000, 100000 payable
| fifty years after date, with interest at
the rate of ~ 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 or
| one mill on the dollar which shall be
| collected the same as the other taxes
70 b. ~ he
| Immediately Maid to the Board of LiQ-
uldation Of the CITY of New Orleans
where same shall he held separate. in
| what shall he known as the Lake
| Shore Park Bond Fund" and to estab-
| llsh and administer said park, there is
! hereby created commission OF seven
| CITIZENS and tax payers male or female
| one from each of the municipal dlS-
| tricts of the CITY of New Orleans. VINO
| shah be appointed by the Mayor of the
city and confirmed by the Commits
! sion Council as soon as this amendment
| is adopted; such first appOlntees 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
! TIE full term of seven years, and the
| Mayor, in making the first appoint
ments, shall designate the term Of Of
| flee OF the resnectivc app0intees. The
members of said Board shall name and
elect their own officers and shall serve
| without compensation. but shall be al
| lowed a secretary and such clerical as
| Ristance AS may he necessary this to
be determined. AMI the salaries fixed
! and maid by the BOARD of L'nuidation.
| which shall also fix and paw tee neces-
! sary amounts for the other expenses
of said Board out Of said tax.
The awaits 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 Lt0uldatinn for account OF said fund.
or they NAV purchase. at not more than
| 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 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 call in any Of said bonds, be-
ginning with the highest number. but
at not exceeding their market value:
Said bonds shall he sold at par and
accrued interest al AT one time or par
| TALLY. as said Board Of Liruida ton
| NAV determine. The Board herein Gre
! ated shall no known as the Nsw Or
| leans Lake Shore Park BOARD. and shall
| have the right to purchase such prop
| erty as nav be necessary within the
! limits above sDecfied. to establish
| thereon lake front park. and to build
sea wall and to reclaim land from the
| lake hv extending the sea wall into the
| lake and filling the space between same
| and the present shore line, and to do
| ell other work necessary TO accomplish
! the purposes herein provided for And
| said BOARD Shall have the right 10 sell
aa Of he
| ouired hereunder or reclaimed as may
not be necessary for park purposes, and,
/ In selling same. to prescribe the condi-
tions under which same shall be held
| 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 be acquired.
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
the consent of the hoard of Liquida-
ton and the Commission Council of the
CITY of New Orleans. or anV 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-
sor of the Board. The Mayor and Com
missioner of Public Property. or any
OfricerS 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 e
! 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 tG
] have charge of the work, same to be
| selected by the Board herein created
! and confirmed by the Board Of Liqui
dation.
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 thar
| sufficient to provide for the bonds here
in authorized. in principal and inter.
| est. then it may, by resolution, declare
| that the special tax herein levied is nc
City of New Orleans shall cease to col
4 lect such tax: but said tax shall revive
| at any time, should II become necessary
| in order that the Board should have
sufficient funds to meet the interest or
! the bonds and the principal, at the ma
| turity thereof. if same have not here
tofore been purchased or retired al
hereinabove set forth. And said Boart