The Natchitoches enterprise., 1920-04-15
If Eatchitoches, Louisiana.
SECTION :.

Be it further ordained etc, that tn
! Assessor Of the parish o Natchitoches
Louisiana, be furnished with a copy 0
this ordinance and instructed to plac
upon the assessment vols OF the CITY 0
Natchitoches. Louisiana. for the yea
1870, the special assessment of Sever
and one-half mills levied by this ordi
nance.
SECTION ,.
Be it further ordained etc. that tn,
Tax Collector be and ne is hereby in
structed and authorized to collect wher
due, the special tax hercin levied, anC
to turn said tax as collected. over t,
the Treasurer. as provided by law.
Adopt ana approved IA open session
OF this fourth day of March, 1920.
". f. Johnson,
+! Mayor Commissioner Of CITY O;
Natchitoches, Louisiana.
ATTEST:
l.. p. CLoUTIER, Secretary.
/ PROCEEDINGS
! Of the Mayor and City Commission
Of the city of Natcn!tocnrs, Louisiana.
held on this 23rd day Of February, 1920,
the Hon. W +. Jonnso1, Mayor Com
missioner and the following Commits
sloners being present: y l.. Suddath.
The minutes of the previous meeting
We're read and adopted.
I On motion OF Commissioner ID. L..
Suddath seconded by Commissioner W.
+. johnson the following ordinance
was adopted:
AN ORDINANCE
Of the Mayor and City Commissioner
of the city of Natchitocaes, Natchito-
ches, Louisiana, authorizing the issu-
ance of the Public Improvement Bonds
OF said city to the amount of Two
Hundred Forty Thousand Dollars ($24O,-
OOO.OO) and fixing the 20 m and ma
turlty 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 end issue and sell negotiable,
seinl-annual interest bearing coupon
bonds OF said city to the amount of
Two Hundred Forty Thousand Dollars
($24O. 900. .0O evidencing the said indebt-
edness 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 q 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
ot hye per centum, or per annum
payable seml-annually a.sd to run for
, period OF twenty (2Ol years from
!he date Of the bonds and Principal and
IS the governing authority may deter
nine, and both the principal and inter-
'st to be secured and paid by a suffi-
:Ient taxilevied and collected in each
It the years while all or any of said
'onds are outstanding in accordance
With the provisions of Article 281 of
he Constitution and Laws Of Louis
ana.
Whereas, due and timely notice for
he period and in the manner prescribed
y law. was given of said election and 5
majority in number and amount of
he property taxpayers, qualified as
lectors, under the Laws and Constitu-
ion OF the State of Louisiana, voting
hereat authorized the issuance of said
Onds, and: 9
Whereas, the Mayor and City Com q
lission of said cirv deserve to issue e
ne said bonds to fix the form thereof a
nd to direct how said bonds shall be a
xecuted in behalf of said city. a
SECTION l.. 5,
Be it ordained by the Mayor and city V
of the city of Natchito- a
les. Louisiana, that there shall be u
I'd are hereby ordered to- he issued u
le negotiable coupon D. pf. said 81
ty in the sum of Two AlS4red kFortv pl
housand Dollars (s24 Ad vafTs hated q
le first day of April, ~ dwell -.knom- al
alton of $500,OG bearv moth rest at
e rate of five per - per
mum, payable semi-asso vi on the sb
st days of April ant ,ber of pa
Ich year such interest a. denced
: interest notes Of sounA .sttached
said bonds respectively. Yaid bonds
all be numbered from one III to four A
.ndred and eighty (480) 10Th Num-
RS Inclusive, and. shall mature as
llOWS. cC