The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1914-10-31
Act No. 278
House Bill No. 537. BY Mr.. Jahncke.
JOINT RESOI1-TToN

tuition of the State OF Louisiana rel
alive to the issuance OF bonds and
the levying OF a special tax no provide
therefor by the city OF New Orleans
TO create 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 / BE u resolved bv tho Cen
eral Assembly OF TIE state of LOuiSi-
TO each house cOrcurrinC. That the fol-
lowing amendment to the Constitution
Of this state he submitted 10 the elec-
tors Of the state at the next general
election For Representatives in CON
GresS TO be holden on the Tuesday next
following the First Monday in Novem-
ter. 1914. to-wit:
Article !. That for the purpose Of aC-
curing the front of Lake POntCEartrair
from what is known as West End to
MilneberE. or such part Thereof as may
ne deemed necessary and advisable. as
hereinafter set forth the CITY Of New
orleans he. and il is hereby. authorized
10 issue bonds to an amount not eN-
"eeding 81 600 OOO.6n, in denominations
If $4,000. $4,000. 81 600 %. PAYABLE
fifty years after date, with interest AZ
the rate Of - per cent per annum
thereon, payable Semi-anuually. and rep
resented by coupons To ne attached To
said bonds. and to provide for the pay
ment of the principal and interest OF
said bonds. there is hereby levied an
hualiy special tax on all the property,
real and personal. in the city of New
Orleans. TO the amount Of S;N-teuthS OF
one mill on the dollar. which shall he
collected the same as the other taxes
que TO the CITY of New Orleans and ne
Immediately paid 10 the Board Of l.lG-
nidation OF the city Of New Orleans
where same shall he held separate, in
what shall he known as the Lake
SHORE Park Rond Fund" and to estab-
lsh and administer said park, there is
herebE created a commission or seven
rlt'zens and tax payers. male or female
one from each of the municipal dis
trlctS OF the city of New Orleans. who
snail be appointed by the Mayor Of the
CITY and confirmed by the Commits
sion Council as soon as this amendment
IS adopted; such first appo'nteeS shall
hold OFFICE respectively for one, two,
three, four. five. six and seven years
ana the expiration of each term,
thelr successors shall be appointed for
the full term of seven years. and the
Mayor, in making the first appoint
ments. shall designate the term of Of
lice or the respective appointces The
members of said Board shall rame and
elect their own officers and shall serve
without compensation. but shall he al
lowed secretary and such clerical as
SiStance rs may he necessary, this u
pe determined. and the salaries fixed
and paid by the BOARD OF Liquidation
sary amounts for the other expenses
or 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 he invested by said BOARD
OF Liquidation for account of said fund
or they may purchase. at not more than
mar. with said surplus al any time. and
retire said bonds; and r.. at any time
that the Board deems II not advisable
to hold same longer. and il is not able
to purchase said bonds at the rate
above stated. II shall then have the
right to call in anv Of said bonds. he
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
a 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
or lease any portion of the property ac-
quired hereunder or reclaimed as may
not be necessary for park purposes. and.
In selling same. to prescribe the condi-
by private owners. with reference To
the character of buildings. sidewalks
and other improvements to he erected
thereon. The said Board shall have
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 BOARD of Liquida-
ton and the Commission Council OF the
City of New Orleans. or any other body
that may hereafter he 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
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
the City Engineer. who. however, shall
appoint one or more special deputies to
have charge OF the work, same to be
selected by the Board herein created
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
its 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 II may, by resolution. declare
that the special tax herein levied is 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 II 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 IL deem
it advisable. what amount IL shall set
aside annually to provide for said sink
ing fund but this right in the Board
shall be optional with II and need not
he exercised If the other means referred
Judgment of said Board. be sufficient
to protect the rights Of the holders
thereof.
Should any property within the lin
its hereinbefore specified be deemed by
the said Board advisable for the pur-
nose herein contemplated. and the BOARD
finds that same cannot be purchased
for a reasonable and just 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 Request.
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