St. Landry clarion. (Opelousas, La.) 1890-1921, 1916-09-09

purpose whatsoever unless suhicien'
funds, not otherwise appropriated, tt
pay and discharge same are actually II
the treasury of said city at the time OF
making the contract or mourning tnt
debt or obligation and are specifically
set aside and dedicated to said purpose
foregoing limitation and restriction
shall not apply Or be held to apply &c
contracts Or obligation incurred with
respect to. the furnishing to said city OF
light, heat or power. water, telephone
service or garbage removal or destruc-
ton.
The said city may in any calendar
year in anticipation Of the collection OF
the taxes Of such calendar year, Inc for
the purposes Tor which such taxes are
levied, borrow such sums as shafI not
be in excess of the amount Of its un-
collected taxes of such year, and may
issue its notes or other evidences OF
indebtedness therefor, and such sum,
notes or other evidences of Indebted
ness shall be payable only out Of the
taxes Of the calendar year in which said
loan or loans are first made. and for
which indebtedness said ven shall
be pledged, and said indebtedness shall
not be payable out Of any other funds
or moneys whatsoever No money shall
be borrowed by the said city except Tor
current municipal purposes, and in no
event snail mone be borrowed by
said city to make or to pay for works
of public improvement. Said city may
issue for street paving purposes certtfi-
Gates OF its fatta and credit pursuant to
in excess of any special assessments
which have been or shall be made for
such purposes. Such paving certificates
hereafter issued shall be ch~argeable
ments in respect OF which they are is
sued, and secondarily against the reve-
nues of the City Of New Orleans derived
from taxation for general municipal
Tlr VnoAnG mi rn-- T1roA IL rho
the taxes for the payment OF the princi-
pal apd interest of the bonds now out
standing or hereafter to be issued un-
der this paving certificates only in the
amendment, which evnue shall be ap-
piled in payment of such special assess
ments h be insufficient for such pay
ment, and reimbursement shall be made
to the general funds of the City OF New
Orleans when the assessments are coll
Looted to the extent of the amount that
the said general funds shall have con-
to the payment aforesaid. So
sembly of the State Of Louisfana for the
year 1914 as may be inconsistent here
with LIZ hereby repealed, and hereafter
paving certificates shall be issued
the City Of New Orleans, but such GER
shall be u as herein n
provided for by said act or
legislative authority NOT IN
s1a.' paving e%srti,ca Reev, foT which, heReS tss
faith and credit Of the City OF New Or
leans shall be pledged, whether issued
under the aforesaid Act No. 80 of 1914,
not at any one time be outstanding in
Dollars ls5. ooo.o ooJ in face value.
Section 10. The total issue of bonds
~ the City OF New Orleans for all pur-
poses shall neve exceed ten per centum
the assessed valuation of the proper
" IN seid city provided. however, that
neither the bonds issued for water.
and drainage purposes tname-
sonds issued Under said Act No. 8 Of
500 and the ss,0oo.o0o New Pub
err ACT No. 10 OF the General
assembly Of the State Of Louisiana
or enos shs t yea : l a0s sa and a afts
as well as such bonds, HEREBY
II hereafter authorized, into which the
or any par Thereof may
,e r~efunded), o the ST. 900 Public
Belt Railroad Bonds authorized by Act
70. 179 of the General Assembly Of the
,tate OF Louisiana for the year 1903,
lor any bonds hereafter authorized for
'ublic Belt Railroad purposes, nor any
'onds which may hereafter be issued
or water supply or for the acquisition
r construction of any revenue produc-
ng public utility, nor any paving certlfi-
ates primarily chargeable against spe-
ial assessments for street paving, shall
70 included in computing the indebted
ess Of said City of New Orleans under
his limitation; and provided further,
hat emergency bonds m a be issued az
uthoriZed in Section 5 of this amenu-
nent even though said limitation Shall
been reached provided that the
Zine Million Dollars of bonds authorized
Section / of this amendment shall
OF be subject to the limitation herein
xed at the time or times that same
hall be issued; but, with respect to
other bonds tha- may be issued
GREATER under this amendment there
hall be included in the computation
aid Nine Million Dollars of bonds, not
outstanding the fact that all of said
line Million Dollars Of ond shall not
ave been actually issued. and sucn
mou Of bonds as may be
hen outstanding.
Section IA. The Board Of Liquioa-
lon, City Debt. as now organized and
with the powers, duties and
prescribed by existing laws
while any bonds authorized by
Ms amendment are outstanding and un-
aid; and all taxes which may be levied
the payment of said bonds shall, day
and shall by it be applied in pay
tent of the principal and interest OF
aid bonds: n a board shall with
sspect to all authorized by this
monument De G1LlIlSQ 70 exercise a1I
le rights and enforce the performance
{ all the obligations, the same as 1t is
to do under avs existing at
he time OF the adoption of this amend
!, outstanding bonds of said City OF
ew Orleans. All funds, property and
lings of value held by the Board of IL
City Debt. for bonded debt
lrposes other than taxes now or here
tier levied, and particularly all funds, 4
roperty n things Of value now or
held by said Board under Act
o. 1873 of the General ssembly OF the
tate of Louisiana for the year 1880
from contract obligations or
sdicattons imposed by laws existing az
lie time OF the adoption of this amend
emit be used employed in the dis
cation of said Board in payment and
of any bonds of the CITY or
ew Orleans then outstanding.
Section 15. For general municipal
irposes, exclusive of the support and
aintenancs OF the public Schools and
le payment of the bonded debt Of the
lty of New Orleans, said city may in
lch year levy upo all taxable property
thin said city a tax not exceeding
x and one-half mills on the dollar Of
e assessed valuation thereof; pro-
ded, however, that when the one per
mt debt tax authorized by said Act No. q
% of 1880 and the two mill water ana
'wer tax authorized by said Act No. 6
4oo0 SLd1l pOlu HdNS ceased TO De GV-
n if thereafter the taxes levied by
pe City of New Orleans in any n
for bonded debt rpose be less
ten mills, said city may in such
'ents levy for it's general purposes
additional tax which, when added
the tax of six and one-half mfIs
authorized and the taxes LEVIED
r the payment Of the principal and
of It's bonds as they severally
ature, shall not exceed in the aggre-
sixteen and one-half mills.
16. The reservation of TWEEN
per cent of the of the City
New Orleans shall not hereafter be
ade as directed by Section 40 of the
t No. 159 of the General Assembly of
e State of Louisiana for the year
IL, except insofar as the fund so d.
cted to be reserved shall have been
propriated or dedicated before this
1andment takes effect To the PAYMENT