The true Democrat. [volume] (Bayou Sara [La.]) 1892-1928, 1916-11-25
Espensss ana pee,s 70 be paid.

eig 60
adopted fot the Town "a the meeting OF
the Mayor and board Of Aldermen Of Aaid
Town en the 18th day 81 September, ssIe,
and published for thirty days In the official
journal 81 said Tewn, Was ordered spread
upon the minutes
And after submitting said budget fof
inspection and consideration. the lizard
proceeded to determine the exact surplus
available from the ten mill tax, for the
purpose 81 contemplated improvements in
building and enlaTging ssVees IN lower
So Frauciayiile Including the right Of
vas for said ieFees. and for TUNES, re-
dueng said surplus 90 mills at fractions
thereof and 90 determine bow many mills
ei fractions thereof viii be required TO
provide for the current expenses as based
un the last assessment roll filed, and on
melton Of Jas III kilbeufne, seconded by
George Nettls, II was unanimously deter.
mned. ali the members ol the Hoara Of
Aldermen being present aad voting IN the
Affirmative. that
First Three and One sixth "a 1872 Hiifls
viii be required Ia provide for the current
annual expenses II the Town II 80, Fran
esHvilig as based oh the last assessment
roll filed aHd after consideration OF all
other available sources uf revenue pro-
Vided for IN the budget, that
Second The exact surplus available
from the ten nil annual tax for The
purpose ef the aforesaid lmprsy sments
still be- %lN and Five slNths 80 bIal mills
When, the Board having determined the
aYatlshlr surplus frufn the ten nlili tax,
which u,sy be used for the contemplated
teyee improvements, the following eTdt-
nance was, un motion 81 iah III kilbnurne
surrounded hy Mas Mann, on the aRanifn8us
vote ct the BOARD Of Aldermen an being
present AMI voting IN the affirmative, dhiF
AN ORDINANCE
Section I lie IL ordained hy the Major
and liuagd ri Aldermen OF the Tesn OF
ST FfauctHN lie, louisiana That an aNail
ahlt surplus uf Six and Five siSths IS btel
mills from the ten mill annual tar which
the Town is authorized 10 levy on an
Assessment ~ Two Hundred and Twenty
two Thousand Dollars, having been found
ard determined al the meeting OF The
hoard IN open session, which may he used
fug contemplated improvements, the To~n
al 81 EFancisyiile. louisiana, viii Issue
bonds In the sum OF Six Thousand Dollars
$50 toe noD rs hereinafter provided for the
purpose Of constructing. completing and
enl3reing levees In bower 81, FTancisyilie
~ we'll as acquiring rights Of way for said
purpose, and providing the necessary
fumes therein for drainage all 10 be the
property II said Town,
Section BE il further ordained, etc,
That a hunt issue IL hereby authorized IN
said amount ~ SIX Thousand Dollars, for
the PURPOSES aforesaid and -Four and one.
fourth a I'D mills ~ the surplus II the
awaits es the ten mill tax found aud de.
teriulBed as aforesaid, for the years 1917,
1914 1918, 1890. 1921, 1899, 1928, 1874 and
1885 Rre hereby levied and irreyoeaiay
pinsgrd and dedicated 60 the payment Of
the bonds thus authorised, and 10 be
Issued az herein provided
segliop q he IL further ordained, etc,
That ths bonds 10 be issued under and by
virtue ~ this ordinance shall be serial
negotiable interest bearing bonds, matur.
ina from enc TO ten years lie an increasing
ratio until completely paid and shall bear
five ppf erutuni per annum interest, pay
able annually, and IA denominations rs
follows, 10 wit