The Natchitoches enterprise., 1920-03-25
Minutes City =" -7~'r,.i.a-'.7~,
Louisiana


The following ordinance was offered
~ Commissioner 3. L. Suddath, second
I'd by Mayor commissioner W. F.
] onnson and carried.
ORDINANCE
Levying a special tax of Seven and
One half mills on the dollar for the year
Nineteen Twenty on all Of the taxable
property situated within the corporate
limits of the city of Natchitoches, Nat
chitoches parish, Louisiana, for the
purpose of paying the interest OF 1920,
and providing sinking fund for the
payment of the principal as 1t natures
of S240.00O of city of Natchitoches
Public Improvement Bonds Of 1920, au-
thorizad by special election held on the
9th day Of January, 1920.
SECTION 1.
BE it ordained by the Mayor and City
Commission of the city of Natchito-
ches, Louisiana, in regular session con-
vened, tl..t al aGvalOrhm tax OF Seven
and one half mills on the d0llSr is here.
by levied for the year 1920 upon aii OF
the taxable property situated in the
corporate limits Of the city of Natchi,,
toches, Louisiana. for the purpose OF
paving interest for the year OF 1871,
and providing a sinking fund for pay
ing the principal as it natures OF ~
Hundred Forty Thousand Dollars ($24O.
O0O COZ of bonds issued by the city OF
Na.cliltocnes, Louisiana; unddr the
authority Of The special election held
on me 2lth day OF January, l92o' Tor
.he purpose of making needed improve
ments TO the Water and Light plant
and the construction OF a Sanitary
Sewerage System in and for the city
of Natchitoches, Louisiana.
SECTION ,.
Be it further ordained, etc., that the
Assessor of the parish OF Natchitoches,
Louisiana, be furnished with copy OF
this ordinance and instructed to place
upon the assessment rolls of the city OF
Natchitoches. Louisiana. tor the year
1920, the special assessment OF Seven
and one-halt mills levied by this ordi'
nance.
SECTION 8.
Sc it further ordained ETC., that the
T:s oiector be and he is hereby An
s.ruc ,ed and authorized to collect when
due, the special tax herein levied, and
to turn said tax as collected, over 10
the treasurer, as provided by law.
ADOPT and approved in open session
of tins fourth day Of March, 1920.
w. F. JOHNSON,
Mayor Commissioner Of City OF
Natchitoches, Louisiana.
ATTEST:
l.. P. CLoUTIER, Secretary.
PROCEEDINGS
Of the Mayor and City Commission
of the city of Natchitoches, Louisiana,
held on this 23rd day of February, 1920,
the Hon. W F. Johnson, Mayor-Com-
missioner and the following Commits
sioners being present: u l.. Suddath.
The minutes Sf the previous meeting
were read and adopted.
On motion of Commissioner ID. l..
SuCdarn seconded by Commissioner W..
F. johnson the following ordinance
was adopted:
AN ORDINANCE
Of the Mayor and city commissioner
Of the city Of Natchitoches, Natchito-
ches. Louisiana, authorizing the issu-
ance of the Public Improvement Bonds
Of said city to the amount OF Two
hundred Forty Thousand Dollars ($240,-
OUO.OO) and liking the form and ma
turity thereof, and making provisions
for the execution thereof.
Whereas, at an election heretofore
held on tuesday, the 9th day of jan
uary,. 1920, duly called and held in the
city of Natchitoches. Louisiana. there
was submitted to the qualified proper
ty tax payers, the propositions to incur
debt cnd issue ana sell negotiable,
seinl-annual interest bearing coupon
bonds of said city to the amount of
Two Hundred Forty Thousand Dollars
.l$z4O. vU0. 10Y eSidencing the said indebt-
euness for the purpose of providing
funds for the construction of Water
and Light Plant improvements, and
for the purpose Of providing funds for
the construction OF a Sanitary Sewer
age System, the amount of said bonds
being less than ten per cent of the as
sessed valuation of the property with
in the said city as shown by the assess
ment roll of said city last completed.
Said bonds to bear interest at the rate
of five per centum (5%) per annum
payable semi annually and to run for
period of twenty (2O) years from
the date of the bonds and principal and
interest to be payable at said places
rs the governing authority may deter
mine, and both the principal and inter-
est to be secured End paid by suffi-
cient tax levied and collected in each
of the years while all or any of said
bonds are outstanding in accordance
with the provisions Of Article 281 of
the constitution and Laws OF Louis
lana.
wuereas, due and timely notice for
the period and in the manner prescribed
by law. was given OF said election and
q majority in number. and amount OF
the property taxpayers. qualified as
electors, under the Laws and Constitu-
tion Of the State Of Louisiana, voting
thereat authorized the issuance of SAID
bonds, and:
whereas, the Mayor and City Com
mission of said city deserve to issue
the said bonds to fix the form thereof
and to direct how said bonds shall be
executed in behalf of said city.
SECTION l.
Be it ordained by the Mayor and city
commission of the rity of Natchito.
ches. Louisiana, that there shall be
and are hereby ordered to be issued.
the negotiable coupon bonds Of said
CITY in the sum. of Two Hundred Forty
Thousand Dollars ($240, OO0.00) dated
the first day Of April, 1920, in denom-
ina.ion OF $50O,O0 bearing interest Ut
the rate of five per cent (6%) per
annum, payable semi-annually on the
first DAYS of April and Of October OF
each wear such interest to be evidenced
hy interest notes of coupons attached
to said bonds respectively. Said bonds
shall be numbered from one III to four