The Rice belt journal. (Welsh, Calcasieu Parish, La.) 1900-19??, 1915-01-29
ORDINANCE So

AN OtSDlNhNCE pGONluiHO LOT Lne pay
ment of the cost of constructing
Parish Jail for the Parish Of JefGer.
son Davis, by the Pauley Jail Build.
ing Company; providing for the
issuance Of certificates of indebted.
ness in payment of the contract price
thereof and dediCating a sufficient
amount of the excess revenues of
the Parish of Jefferson Davis for the
years 1915, 1916, 1917, 1918, 1919 above
the statutory necessary and usual
charges to pay and retire said Certi'
Gates in principal and intere I.
Whereas, the Police jury Of the Par.
iSh OF Jefferson Davis has entered into
contract with the Pauley Jail Build.
| ing Company of St. Louis. Missouri, by
the terms of which the said Company
ObligateS itself to furnish all of the
materials and perform all the work for
the complete construction of two
story and basement parish Jail Of brick,
concrete and steel, to be erected at
Jennings, in the Parish of Jefferson
Davis, State of Louisiana, and the said
Police Jury has agreed to pay for said
work when delivered to it in accOr
dance with the terms Of said contract,
free and clear of all liens and OnCum.
branceS, the sum and price of Twelve
Thousand Nine Hundred and Eighty.
One and 22.l00 Dollars, and
Whereas in order to pay for said
work it is necessary that the future
revenues of the Parish of Jefferson
Davis shall be drawn upon and Certi.
ffCates of Indebtedness be issued by
this Police Jury in accordance with
law, in lieu OF cash payment Of all Of
the contract price for said work, and
Whereas the revenues of the parish
for the year 1915 in excess of the Statu'
tory, necessary and usual charges for
said year are not less than Four
Thousand $4,000 90 Dollars.
Section |. Now, therefore, Be it or.
dained by the Police Jury of the Parish
of Jefferson Davis, that certificates of
Indebtedness for the payment of the
full contract pride for the complete
construction of said parish jail build.
| ing be and the same are hereby authO.
rized to be issued as provided in the
contract for the construction of said
building heretofore entered into be.
tween said Pauley Jail Building Com
pany and the Police Jury.
Section 2. BE it further ordained,
etc. That said certificates shall bear
interest at the rate of five per cent per
annum from their respective dates, all
interest on the whole of said indebted.
ness to be due and payable is seminar
nually, the first inStallment of said in
terest aud one fifth of the principal OF
said contract price to be said April 1St
l916,no certificates so issued to be for an
amount less than One Hundred Dollars
They shall be issued from time to time
during the construction of said jail on
!; certificates of the architect, /. G. Carter
as provided in said contract for the
; construction of said Jail.
Section 8 Be it further ordained etc
+. That the certificates of Indebtedness
, herein provided for shall be in such
+ form as the President Of this Police
= Jury may approve and be valid, shall bt
signed by him in his capacity as Presi
= dent and counterSigned by the Parish
4 Treasurer.
5 Section 4. Be it further ordained, etc
That for the payment Of said Certifi
, Gates of Indebtedness in principal ant
9 interest there is hereby dedicated, ap
e propriated and set apart out of the ex
: cess revenues Of the year l915,above thu
4 statutory, necessary and usual charge
o for said wear, the sum of Three ThouS
It and Six Hundred $4,000 Dollars, or Sc
y much thereof as may be necessary, II
l. retire certificates as rerreSenting on
Il fifth of the total amount Of said con
tract price and 70 pay the interes
h which natures on or betora Octobe
a LIST, 1916, upon said contract prca,
i That there is hereby dedicated al
v propriated and set apart for said pull
IS nose out If the excess revenues = tn
year 1916 hove the >tatutory, necesS;
4 Sy and usual charges for said yea
4, the sum of Three Thousand Four HUI,
y dred SO 4OG., Dollars or 30 muC
p thereof as may be necessary to retr
x certificates representing one firth
r the total amount Of AID contract prize
;, and TO nav le interest winch mature
g on or before October LIST 1917, on Sal
,e contract pr &c.
+. That thare is HEREBY defeated, a
e propriated ard set apart Tor Saio pl
y nose OFT of the excess revenue
10 10 of the yea 1917 above the statutor,
IN necessary and usual charges for sa
te wear, the eum of Three Thousand al
1 :. One Hundred and Fifty (S3l50 90 D.
sr lars, or so much thereof as may
5e necessary to retire certificates repr
- senting one fifth of the tota amount
, said contract price and to pay the inte
l. est which natures on or before Oct
81 her l, 1918 upon said contract pric g.
i. That there is hereby dedicated, Apr
d priated and set apart for said purpos
II out OF the excess revenues for the yea
a 1918 above the statutory, necessary ar
ID usual charges for said wear, the Su
Il Three Thousand ($3O0O.0O) Dollars or S
ty much thereof as may be necessary
retire certificates representing OF
c. fifth of the total amount of said co
III ~ tract price; and to pay the intere
I, which natures on or before October
v 1919, upon said contract price.
SS That there is hereby dedicated, a
e. propriated and set apart for said pu
pose out of the excess revenues of Il
at wear 1919, above the statutory, niece
~ ! Sary and usual charges for said yea
h the sum of Two Thousand Eight HUI