St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-10-07

piled in payment OF such speciai assess
ments shall be insufficient for such pay
ment. and reimbursement shall be made
to the general funds of the City or New
Orleans when the assessments are SoI.
lected to the extent of the amOunt tnae
the said general funds shall nave con-
tributed to the payment aforesaid. SO
much of Act No. % OF the General As
sembly OF the State of Louisiana Tor tne
year 1914 as may be inconsistent nere-
with is hereby repealed, Inc hereaf1eI
no paving certificates shall be issued
upon the pledge of the reserve fund OF
the City Of New Orleans. but sucn Ger,
~tificate shall be secured as herein ana
otherwise provided for by said act or
subsequent legislative authority not III
connect herewith; provided. however,
that paving certificates. for when the
leans shall be pledged, whether issued
under the aforesaid Act Nc. 70 OF 1914.
or under subsequent legislation. snali
not at any Nj time be outstanding IN
Dollars {$5, 900, o00) in face value.
Section 1s. The total issue Of bonds
by the City of New Orleans for all pur-
poses shall never exceed ten per cenfum
of the assessed valuation or the proper
ty in said city provided, however. that
sewerage and drainage purposes tname.
", the S12. 600. 900 Public Improvement
Ronds issued under said Act Nc. s of
1899 and the $s.000.000 New Pub
lie Improvement Nn so = ths ssue General ani
Assembly Of the State OF Louisiana
for the year 1906. and acts
a~mendatory thereof and supplemental
thereto. as we'll as such bonds, nerepy
or hereafter authorized. into which the
aforesaid bon1s or any par theron may
be %refunded), nor the S2.000.000 Public
Belt Railroad Bonds authorized py Act
No. 17g of the General Assembly or the
State of Louisiana for the year 1893.
nor any bonds hereafter authorized for
Public Belt Railroad purposes, nor any
bonds which may hereafter be issued
for water supply or for the acquisition
or construction OF any revenue profue-
ing public utility, nor any paving certifi-
Gates primarily c~hargeable against spe-
cial assessments for street paving, snail
be included in computing the indebted
ness of said City of New Orleans under
this limitation; and provided further.
that emergency bonds may be issued as
authorized In Section S of this amend-
ment even though said limitation shall
have been reached provided that the
Nine Million Dollars of bonds authorized
by Section | of this amendment snail
not be subject to the limitation herein
shall be issued; but, with respect to
any other bonds that may be issued
hereafter under this amendment there
shall be included in the put
w~ithstanding the fact that all of SAID
Nine Million Dollars of bonds q not
have been actually issued. nj 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 anu
functions prescribed by existing laws
and by this amendment. shall be con-
tinued while any bonds authorized by
this amendment are Outstanding and nn-
paid: and all taxes which may be levied
for the payment of said bonds shall. day
nv day as collected, be paid over to said
Board. n shall by 1t be applied in pay
ment of the principal and interest or
said bonds; and sad board shall with
respect to all bonds authorized by TINS
amendment be entitled to exercise all
the rights and enforce the performance
of all the obligations. the same as II 10
authorized to do under laws existing at
the time of the adoption or TINS amend
ment with respect to any of the present.
ly outstanding bonds OF said CITY or
New Orleans. All funds. property and
things of value held by the Board or LII
auidation, City Debt. for bonded DEBT
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 ssenbly of the
and all amendments thereto. shall when
released from contract obligations or
declarations imposed by laws existing at
the time of the. adoption of this amend
ment be used and employed in the dis
creation of said Board in payment and
retirement of any bonds of the City or
New Orleans then outstanding.
Section Is. For general municipal
maintenance of the public schools and
the payment of the bonded debt of the
City of New orleans. said city may in
each year levy upon all taxable property
six and one-half mills on the dollar of
the assessed valuation thereof: pro-
yided, however. that when the one per
cent debt tax authorized by said Act No.
10 OF 1880 and the two mill water and
sewer tax authorized by said Act No. 8
of 1899 shall both have ceased to be lew
led. and II thereafter the taxes levied by
the city of New Orleans in any one
year for bonded debt purposes be less
thar ten mills, said city nay In such
events levy for it's general purposes
such additional tax which. when ad led
to the tax of six and one-half mll4s
hereby authorized and the taxes levied
for the payment of the principal n
interest of its bonds as they severaily
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 as directed by Section 40 of the
AcL No. l59 of the General Assembly of
the State Of Louisiana for the year
1912, except insofar as the fund 80 d.
rected to be reserved shall have been
appropriated or dedicated before this
amendment takes effect to the payment
of any obligation OF the Cits of New
Orleans. and said reserve fund of each
year. when released from the obliga-
tons charged against 1t 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 IT. For the support, mainte-
rance. 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 it's
such tax. NOT exceeding three and one
half mills, as said Board shall deeni
necessary. which levy shah be certified
nv said Board II the Commission Coun
the City of New Orleans. which shall
cause the tax to he entered upon the
tax rolls of said city according to law
AGAINST all taxable property in said
city as assessed and value for city
TAXATION purposes; and said tax shall be
collected by said CITY and paid over to
said Board of Directors of the Pubic
Schools. Parish of Orleans. day by day
Said tax shall be In lieu of all taxes.
| appropriations and funds now authnr:z-
ed or directed to be levied or contrib
ute5 by the city Of New Orleans Tor
Act No. 40 of 1890 or other provisions
of the Constitution of this State. All
constitutional provisions to the con-
trary. as we'll 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 th,s
State. are hereby a~brogated and repeal
| ed: and the City of New Orleans shall
| have no power or authority to use or
employ any OF its 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
Orleans shall administer. use and en-
| ploy all the funds. property or things
of value now or hereafter held by 1t
under any special legacy. bequest or do
ration male or to be made directly 70
1t for school purposes. and shall carry
| out and execute the conditions or all
j such Srecial legacies beQnests or dona-