New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-10-14

ITO of 1890 or other provisions of tn
Constitution OF ethis State. All constitu
tlonal provisions to the contrary, as we
| as Act No. Z62 of the General Assemb
OF the State of Louisiana for the yea
| 1SA4, ratified as an amendment to tn
| Constitution OF this State, are hereb
abrogated and repealed, and the City O
| New Orleans shall have no power or au
thority to use or employ any of its take
| or funds for the establishment, supper
or maintenance of the public schools, d.
| rectly or indirectly, except as herein au
thorzed; provided, however, that IN,
| City of New Orleans shall administer
use and employ all the funds, propert,
| or things of value now or hereafter hel,
| by it under any special legacy, beques
or donation made or TO be made drectl.
to 1t tor school purposes, and shall carry
out and execute the conditions of all such
| special legacles, requests or donations
| that have been heretofore made to an.
! accepted by SAID City of New Orleans
| and all such as may hereafter be mad,
to and accepted by said city
Section Is. For the purpose of piviu.
additional support to the Public Schools
the Board of Directors of the Publ,
Schools, Parish of Orleans, or its lega
successor, may levy upon all taxabI,
property in the City OF New Orleans "A
special tax not exceeding two mills OIL
the dollar of the assessed valuation o.
SAID property (Which special tax shat.
be in excess OF the tax authorized by
Section IL of this amendment), when
ever "a i'll the manner prescribed by Act
NO. ESQ of the General Assembly OF the
State of Louisiana Tor the year 1910, anu
amendments thereof, or in such other
manner as shall be prescribed by law,
the rate of such special tax, the mum be
of years il is to be levied by said Boar,
submitted at an election to a vote OF tn,
property taxpayers Of the City of New
Orleans entitled to vote under the law.
of this State, who shall have been as
sessed for property in SAID city as show
by the last assessment made prior to the
submission OF the proposition to the
SAID property taxpayers, and (2) a ma
Jorlty OF the same in number ana
amount voting at said election shat.
have voted the, etor. The levy by saiu
Board of any tax so authorized shall b,
certified, assessed, collected and paid IL
The manner prescribed by Section II O
this amendment,
Section 10, The Board of Directors
OF the Public Schools, Parish of Orleans,
or its legal successor, shall not capitalize
the whole or any part of the taxes which
by this amendment it is authorized to
levy, nor fund the same into bonds, no1
borrow money III anticipation of the col
lection thereof; provided that said
Board may, in any calendar year, in
anticipation of the collection of the taxes
of such calendar year and for the pur
pose for which such taxes are levied,
borrow such sums as shall not be in ex
cess of the amount of its uncollecteu
taxes of such year, and may issue its
notes or other evidences of Indebtedness
therefor, and such sums, notes or other
evidences of Indebtedness shall be pay
able only out of the taxes of the calen-
dar year in which said loan or loans arc
first made and for which Indebtedness
said revenues shall be pledged, and saio
Indebtedness shall not oe payable Out
of any other funds or moneys whatso
ever; provided, however, no moneys shall
be borrowed by said Board for any other
purposes than current purposes, and in
no event shall any money be borrowed
by said Board to make or to pay foI
permanent improvements; and provided
further, that said Board shall MOI
make any contract or incur any debt or
obligation unless sufficient funds, no,
otherwise appropriated, to pay and dis
charge the same are actually in the
treasury of said Board at the time oil
making said contract or mourning said |
debt or obligation and are specially set
aside and dedicated to said purpose, ex
cept a. may be hereinabove specially |
provided.
Said Board shall annually and prio.
to the beginning of the scholastic yeal
prepare budget of its receipts and ex
penditures and said budget, before it be |
comes effective, must be approved by |
the Commission Council of the City of /
New Orleans, or its successor as the
governing body of said City, and all ap |
by or expenditures of saia
Board not included in the said budget i
shall likewise before becoming effective
be approved b. said Commission Coun-
Ill or its said successor;
Provided that nothing herein shall be
aiken or construed as authorizing the /
Council or its successor to
:hange, alter, substitute or eliminate any
If the items of the budget thus sub
nitted; the true intent and meaning
hereof being that the said council or its
successor shall have no authority what
Ioever in or over said budget except to
he extent of ascertaining whether the
proposed expenditures as exhibited by
aid budget are within the probable and
.stimated revenues of said Board Of
Directors of the Public Schools, Parish
f Orleans.
Section TO- The inhibition herein es-
ablished against the City of New Or
cans and the Board of Directors of the
Public Schools, Parish Of Orleans, OF
ither of them, borrowing money, an
icipating their revenues, capitalizing
heir funds or issuing notes of other
vidences of debt, shall apply to ali
'oards, commissions or bodies created
" or under the authority of the Com