Tensas gazette., 1916-11-10

ments shall be insufficient for such pay
| ment, and reimbursement shall be mace
to the general funds Of the City OF lev
Orleans when the assessments are fol-
| lected to the extent OF the amount that
the said general funds shall have con-
| trfbuted to the payment Aforesaid. so
sembly OF the state of Louisiana for the
year 1914 as may be inconsistent here
| with Is hereby repealed. and hereafter
| no paving certificates shall be issued
the City Of New Orleans. but such GER
| tiflcates shall be secured as herein ana
otherwise provided for by said act or
subsequent legislative authority not IN
that paving certificates. for which the
faith and credit OF the City OF New Or
leans shall be pledged. whether issued
| under the aforesaid Act No. 23 OF 1914.
| not at any one time be outstanding In
! an amount in excess of Five Million
Dollars G5.ooo.ooo) in face value.
| Section 13. The total issue OF bonds
| by the City OF New Orleans for all pur-
poses shall never exceed ten per centum
| of the assessed valuation of the proper
| ty in said city provided, however. that
neither the bonds issued for water.
sewerage and drainage purposes tnam--
ly. the s12.Ooo.0O0 Public Improvement
| Bonds issued under said Act No. Of
1899 and the $s.o0o.o00 New Pub
! lie Improvement Bonds issued un-
der Act No. 19 OF the General
Assembly Of the State Of Louisiana
amendaaery sGn hs thereof eae AND and SUPPLEMENTAL
| thereto. as we'll as such bonds, hereby
| or hereafter authorized. into which the
aforesaid bonGs or any par theron may
| be refunded). nor the S2.000.000 Public
| Belt Railroad Bonds authorized by Act
| No. 179 of the General Assembly OF the
| State of Louisiana for the year 1908.
nor any bonds hereafter authorized for
| il pal
| bonds which may hereafter be issued
| for water supply or for the acquisition
or construction of any revenue produc-
| ing public utility. nor any paving Ufi-
| Gates primarily chargeable against Spe-
| cial assessments for street paving, shall
| be included in computing the indebted
ness of said City of New Orleans under
that emergency bonds may be issued as
| authorized in Section OF this amend
ment even though said, Limitation shall
have been reached proXded that t-s the
| by Section OF this amendment shall
not be subject to the limitation herein
| fixed at the time or times that same
| shall be issued; but, with respect to
any other bonds that may be issued
hereafter under this amendment there
| shall be included in the computation
said Nine Million Dollars of bonds. not
withstanding the fact that all of said
Nine Million Dollars OF bonds shall not
have been actually issued. and sucn
amount OF emergency bonds as may be
then outstanding.
Section IA. The Board OF Liquioa-
ton. City Debt as now organized and
created with the powers, duties ana
functions prescribed by existing laws
| and by this amendment. shall be con-
tinued while any bonds authorized py
this amendment are outstanding and un-
paid: and all taxes which may be levied
for the payment OF said bonds shall. day
by day as collected. be paid over to said
,, Board and shall by it be applied in pay
ment of the principal and interest OF
said bonds: and SAID board shall with
respect to all bonds authorized by this
amendment be entitled to exercise all
the rights and enforce the performance
of all the obligations. the same as 1t is
authorized to do under laws existing at
the time of the adoption Of this amend
ment with respect to any of the present.
New Orleans. All funds. property and
things of value held by the Board of LII
quidation. City Debt. for bonded debt
purposes other than taxes now or here
after levied. and particularly all funds.
property and things of value now or
hereafter held by said Board under Act
No 1873 of the General ssembly Of the
State of Louisiana for the year 1850
and all amendments thereto. shall when
released from contract obligations or
dedications imposed by laws existing az
the time of the adoption of this amend
ment be used and employed in the dis
retirement of any bonds of the City or
New Orleans then outstanding.
Section Is. Fo. general municipal
purposes. exclusive of the support and
maintenance of the public schools ana
the payment of the bonded debt of the
City of New orleans. said city may in
each year levy upon all taxable property
within said city tax not exceeding
six and one-half mills on the dollar of
the assessed valuation thereof; pro-
vided. however. that when the one per
cent debt tax authorized by said Act No.
10 of 1890 and the two mill water ana
sewer tax authorized by said Act No s
Of 1899 shall both have ceased to be lev
led and If thereafter the taxes levied by
the City of New Orleans in any one
year for bonded debt purposes be less
events levy for its general purposes
such additional tax which. when added
to the tax OF six and one-half mIus
hereby authorized and the taxes levied
interest Of its bonds as they severally
mature shall not exceed in the aggre-
gate sixteen and one-half mills.
Section is. The reservation Of TWEEN
ty per cent OF the revenues OF the City
OF New Orleans shall not hereafter be
made az directed by Section 40 Of the
Act No. 159 of the General Assembly Of
ss state Of s tho er un% n' 90
rected to be reserved shall have been
appropriated or dedicated before this
amendment takes effect to the payment
any and said S fund OF each
year. when released from the oblfgA-
tions charged against ii by law and be-
cause of contracts. existing at the time
of the adoption Of this amendment.
shall be used for general municipal pur-
poses.
Section II. For the support, mainte-
nance. construction and repair OF the
public schools in the City Of New Or.
leans. the Board of Directors Of the
Public Schools. Parish of Orleans. or its
legal successor. shall levy annually
such tax; not exceeding three and one
half mills. as said Board shall deem
necessary. which levy shall be certified
by said Board to the Commission Coun-
ell or other future governing body of
cause the tax to be entered upon the
tax rolls of said city according to law
against all taxable property in said
city as assessed and valued for city
collected by said city and paid over to
said Board of Directors of the Public
Schools. Parish of Orleans. day by day
as collected.
appropriations and funds now authoriz-
ed or directed to be levied or contrib
uted by the City OF New Orleans for
public school purposes. either by said
OF the Constitution of this State. All
constitutional provisions to the con-
trary, as well as Act No. 262 of the
General Assembly Of the State OF Louis
lana for the year 1914. ratified as an
amendment to the Constitution of this
State. are hereby abrogated and repeal
ed: and the City Of New Orleans shall
have no power or authority to use or
employ any OF it's taxes or funds for
the establishment support or mainte-
nance of the public schools. directly or
indirectly. except as herein authorized.
provided. however, that the City of New
nrla hol ad dpnt iafa
ploy all the funds. property or things
of value now or hereafter held by II
under any special legacy, bequest or do
nation made or to be made directly TO