The Natchitoches enterprise., 1920-04-01
Minutes City "a Chic ''.cS
Louisiana

Louisiana
The following ordinance was offered
nv Commissioner b. l.. Suddath, seconc-
cd nv Mayor commissioner w. +.
Johnson and carried.
ORDINANCE
lowing = special tax of Seven and
,,, half mills on the dollar for the year
I;,eteen Twenty on all of the taxable
nrnnerty situated within the corporate
limits Of the citv of Natchitoches, Nat
,bitoches parish, louisiana, for the
m,rpose Of paying the interest OF 1871
and providing a sinking fund for the
naynent of the principal as 1t natures
of $40. 900 of city of Natchltoches
Public Improvement Bonds of 1870, au-
thorized by special election held on the
9th day of January, 1921.
SECTION l.
BE it ordained BY the Mayor and City
Commission Of the city Of Natchlto-
ches, Louisiana, in regular session con-
vened, til ~ advalorum tax OF Heven
and one han mills on the dollar is here.
by levied for the year 1920 upon all OF
the taxao!e property situated in the
corporate limits of the city of Natchl.
toch.s. Louisiana. for the purpose OF
having interest for the year OF 1917,
and providing sinking fund for pay
irp he principal as it natures OF Two
Hundt ed Forty Thousand Dollars ($24O. !.
900 90, of bonds issued by the city OF
Natchitoches, Louisiana; unddr the
authority of the special election held
on the 9th day of January, 1920, for
the 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. for the year
1920. the special assessment OF Seven
and one half mills levied by this ordl-
nance.
SECTION 3.
Be it further ordained etc., that the
Tax Collector be and he is hereby in
structed and authorized to collect when
due, the special tax herein levied, and
to Lurn SAID tax as collected, over to
the treasurer, as provided by law.
AGopt and approved in open session
of This fourth day of March, 1920.
W. F. JOHNSON,
Mayor Commissioner OF City OF
aIchitoches, 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 nayor-Com-
missioner and the following Commits
si0ners being present: D L. Suddath.
The minutes of the previous meeting
were read and adopted.
On motion of Commissioner ID. L.
Suodath seconded by Commissioner w.
+. johnson the following ordinance
was adopted:
AN ORDINANCE
OF the Mayor and city Commissioner
of the city OF Natchitoches, Natchito-
sses. ssUvsstarsa, authorizing the jssu-
aace .. .ne tuDiic Improvement Bonds
II Ga Il eity 10 the amount vt lwui
hum. ~ ofty Ihousan0 U0llxrs tS14U,
OOO. W. 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
0ebt nj issue ana sell negotiable,
semi annual interest bearing coupon
bonds OF said city to the amount of |
Two Hundred Forty Thousand Dollars
($-4O. Uu0. 10Y evidencing the said indebt-
euness for the purpose OF providing
funds for the construction Of Water
and Light Plant improvements, and
Tor the purpose of providing funds for
the construction OF 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 (5H) 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
as the governing authority may deter
mine, and both the principal and inter-
est to be secured and paid by suff-
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.
whereas, due and timely notice for
the period and in the manner prescribed
by law. was given Of said election and
. majority in number and amount Of
the property taxpayers, qualified az
electors, under the Laws and COnstitu-
tion of the State of Louisiana, voting
thereat authorized the issuance Of ssid
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 bor1as shall be :
executed in behalf of said city.
y SECTION /.
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 q
city in the sum of Two Hundred Forty j
Thousand Dollars ($240, 0O0.O0) dated
the first day of April, 1920, in denom- i
nation of $500.00 bearing interest at q
The rate Of FIVE per cent (5%) perl ]
Rnnum, payable semi-annually on the c
Iirst days Of April and Of October of
each year such interest to be evidenced
by interest notes of coupons attached
70 said bonds respectively. Said bonds '
shall be numbered from one III to four r
hundred and eighty (48O) Both Num-