New Iberia enterprise and independent observer. (New Iberia, La.) 1902-1944, 1916-09-16

7. Constitution OF this state. All constitu
Re tional provisions to the contrary as we
as Act No. 262 Of the General Assemb
Il of the State Of Louisiana for the yea
I. 1914, ratified as an amendment to tn
It Constitution of this State. are hereb
It abrogated and repealed and the City o
9 New Orleans shall have no power or au
! thorty to use or employ any of its take,
s OF funds for the establishment, supper
| or maintenance of the public schools, iii
a fectly or indirectly. except as herein au-
thorized; provided, however. that IN,
t City of New Orleans shall administer
use and employ all the funds, property
or things of value now or hereafter held
by it under any special legacy, beaues,
or donation made or to be made directly
| to 1t FOR school purposes, and shall carry
out aud execute the conditions Of all such
special legacies, requests or donations
that have been heretofore made TO and
accepted by said City of New Orleans
and all such as may hereafter be made
to and accepted by said city
Section i8. For the purpose Of giving
| additional support to the Public Schools.
the Board Of Directors of the Public
| Schools, Parish of Orleans, or its legal
successor, may levy upon all taxable
| property in the City Of New Orleans a
| special tax not exceeding two mills on
| the dollar Of the assessed valuation Of
| said property (which special tax shall
be in excess of the tax authorized bv
Section II of this amendment,. when
ever 90 IN the manner prescribed by Act
No. ESQ of the General Assembly of the
State Of Louisiana for the year 1910. and
amendments thereof, or in such other
manner as shall be prescribed by law.
the rate of such special tax, the number
of years it is to be levied by said Board
submitted at an election to vote of the
property taxpayers of the City of New
Orleans entitled to vote under the law.
of this State, who shall have been as
sessed tor property in said city as shown
by the last assessment made prior to the
submission of the proposition to the
said property taxpayers, and ~ ma
jorty of the same in number and
amount voting at said election shall
have voted therefor The levy by said
Board OF any tax SO authorized shall be !
certified, assessed, collected and paid IN
the manner prescribed by Section II o,
this amendment.
Section 19. 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
evy. nor fund the same into bonds, nor
borrow money in anticipation of the col
ection thereof; provided that said
Board may, in any calendar year, inI
anticipation of the collection of the taxes o,
# such calendar year and for the pur- :,
rose for which such taxes are levied, o,
'orrow such sums as shall not be in ex- q,
ess of the amount of its uncollected :,
axes of such year, and may issue its 10
otes or other evidences of indebtedness
herefor, and such sums, notes or other n
vidences of indebtedness shall be pay al
bic only out of the taxes of the calen- m
ar year in which said loan or loans are w
rst made and for which indebtedness M
lid revenues shall be pledged, and said de
Indebtedness shall not be payable out an
any other funds or moneys whatso- of
Ter; provided, however, no moneys shall mr.
. borrowed by said Board for any other az
arposes than current purposes, and in los
} event shall any money be borrowed sb
: said Board to make or to pay for no,
armament Improvements; and provided Ind
rther, that said Board shall not N.
AXE any contract or incur any debt or va,
litigation unless sufficient funds, not be.
herwise appropriated, to pay and dis pre
arge the same are actually in the ina
,asury of said Board at the time of {
liking said contract or mourning said tn,
BIT or obligation and are specially set Co,
de and dedicated to said purpose, ex- h.
ot as may be hereinabove specially a.
ovided. i,
Said Board shall annually and prior Tue
the beginning of the scholastic year ven
'pare budget of its receipts and ex- n
lditures and said budget, before it be- ,lo,
mes effective, must be approved by am,
Commission Council of the City of .t;+,
W Orleans, or its successor as the N.
ernine body of said City, and all ap mo,
priations by or expenditures of said of
-" .o' i"'iuoeo IN the sara ou 1get cleo
II likewise before becoming effective uen,
approved by said Commission Coun- viii,
or its said successor; "ao.
rovided that nothing herein shall be
IN or construed as authorizing the Lion
omission Council or its successor to
nge, alter, substitute or eliminate any Sp.,
'ne '.e"s OF .ne budget thus sub App
ted; the true intent and meaning
,of being that the said council or its
essor shall .have no authority what =,
er in over said budget except to IA
extent of ascertaining whether the
'osed expenditures as exhibited by
budget are within the probable and Rv ,
mated revenues of said Board of RI
ctors of the Public Schools, Parish MI
)rleans.
ction 20. The inhibition herein es- p,o,,
shed against the City of New Or I'm,
and the Board of Directors of the ~,
ic Schools, Parish of Orleans, or nov
r of them, borrowing money. an and
ating their revenues, capitalizing liz
funds or issuing notes of other ~,
noes Of debt. shall apply to all mol,
Is, commissions or bodies created
r under the authority of the Com ,;or
on Council of the City of New Or %.