The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1914-10-31
Act No. 278
House Bill No. 537. By Mr. Jahncke
JOINT RESOLUTION.

atlVe to the issuance Of bonds and
there aarq by 9f epe al t NJ to gzoyds
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 1t resolved by the Gen
erel Assembly of tie State Of Louisi-
ana. two-thirds of all members elected
to each house concurring, That the fol-
loving amendment to the Constitution
of this State BE submitted to the cleo
tors of the State at the next general
election Tor Represen tatives In Con
gress to be holden on the Tuesday next
following the First Monday In Novem-
ber 1914, to-Wit:
curing the front of Lake Pontchartrain
from what Is known as West End to
Aillneberg, or SUCH part thereof as may
De deemed necessary and advisable as
hereinafter set forth, the City of New
Orleans be, and 1t Is hereby, authorized
to issue bonds to an amount not eX-
ceeding S3.000.00O In denominations
of $4,000, $4,000. 100000, payable
flfty years after date. with interest at
the rate Of IL per cesft per annum
thereon payable sem1-annually, and rep
resented by coupons to be attached to
sad bonds; and to provide for the pay
ment of the principal and interest Of
said bonds there is hereby levied an
reai and personal, in the City of New
orleans, to the amount Of stX-tenths of
one mill on the dollar, which shall be
t,,a the, same as the other taxes e
due to the City of New Orleans and be
uidation Of the City Of New Orleans.
where same shall be held separate, In
what shall be known as the Lake
Snofe Park Bond Fund" and to estab-
l1sh and administer said park, there is
hereby created a commission Of seven
clt1zens and tax payers male or female,
one from each Of the municipal dis
shall be appointed by the Mayor of the
city and confirmed by the Commits
sion Council as soon as this amendment
is adopted; such first appointees shall
three, four five. six and seven years,
and the expiration OF each term
their successors shall be appointed for
the full term Of seven years. and the
NaEor, in making the first appoint
ments,- shall designate the term of Of
rice 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
sfstance as may be, necessary, this to
be determined, and the salaries fixed
and paid by the Board Of Liquidation,
which shall also fix and pay the neees-
aary amounts for the other expenses
of said Board out of said tax.
The avai1s 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,
pr they may purchase. at not moro than
par, with said surplus at any time and
retire said bonds; and If. at any time,
The surplus reaches such an amount
to hold same longer, and 1t Is not able
to purchase said bonds at the rate
above stated, it shall then have the.
r rnn to g ea Il a any 2 af said a bGnas b bs
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
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
a SEQ 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
the purposes herein provided for. And
said Board shall have the right to sell
or lease any portion of the property ac
CURED hereunder Or reclaimed as may
NOT DC necessary Tor PARK purposes, ana,
lions 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 bouievards and to
arrange for the proper lighting thereof
made under the terms hereof without
the consent of the board of I4idufda-
ton and the Commission Council Of the
that may hereafter be in charge Of TIE
affairs OF the city Of New Orleans The
City Attorney shall be the legal advf-
sor Of the Board The Mayor and Com
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
r1fttees and shall have the right to
speak and present resolutions at any
meeting of the Board
rho ana;naar,ng vrork naoesear,, ~
"a nv ont me nroStstons OF ttts ,3o,d ~
90 sba, 10 uodaT ~ -
he 1e city Engineer who e howe Rowe, ar'g Shall
~ - nhsrea of The worls sa,a ~ 10 10
saected - the Bord p herein se cr 81
5 sl.tt : S''NS' i'o"'o - A1ia''-
lid e s,o1,, ~ 4,,, w. pa
Isanidatfon be Of the opinion that bv
reason or tnH on1ene FLOWS OF some % 10 81 the
- Nav 0rleans fnnas wi, cow, ,ne M
t ane snr nthe VIZ roi,ie NY ny
oIeagad to othar ohItpatto,e n,ora +ban
suffetent to provide For the bonds here art
~. tSao - ~ ~ aai,+,a anu 1
tb t th -, py fad,utloh aGclare
Tue e and ND tharaunnn - + e