reglab/statecodes huggingface dataset:
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4093. New Orleans; special acts ratified

RS 33:4093 - New Orleans; special acts ratified
The special tax for public improvements, voted by the property taxpayers of the city of New Orleans, on June 6, 1899, and levied by the city council by Ordinance No. 15391, approved June 22, 1899, is hereby ratified, and its validity shall never be questioned. The special act adopted by the legislature at the special session held on August 8, 1899, constituting the Sewerage and Water Board of the City of New Orleans, authorizing the city of New Orleans to issue bonds and providing the means to pay the principal and interest thereof, and for other purposes cognate to the purposes of the special tax aforesaid, is hereby ratified and approved, specially including therein reserved legislative right to amend the same; with the exception that in fixing the rates to be charged private consumers of water, taken from the public water supply of the city of New Orleans, the sewerage and water board shall base said rates so as to provide for the maintenance and operation of the said water system and the public and private supply therefrom, and the cost of maintenance and operation of the public sewerage system; and the city of New Orleans shall be hereafter relieved of the duty of providing in its annual budget or otherwise for the maintenance and operation of the sewerage and water systems; and the said board shall be authorized to use the collections from water rates charged to private consumers for the maintenance and operation of the public water system, and the public and private supply therefrom, and the cost of maintenance and operation of the public sewerage system, and the creation of a sinking fund for an ultimate renewal of said systems; and any surplus existing, after providing for the uses aforesaid, may be used for the maintenance and operation of the public drainage system; provided, that the rates charged private consumers shall never exceed the total rates charged private consumers by the sewerage and water board, in force November 1, 1913, unless otherwise authorized by the legislature, provided, the water rates shall never exceed the cost of operating and maintaining the water, sewerage, and drainage systems, and all extensions, replacements, repairs and betterments.
The sewerage and water board is authorized to contract with parties having franchises for that purpose to supply water to consumers in the adjoining parishes, at rates to be fixed by the sewerage and water board.
The provisions of Act 19 of 1906, and of Act 116 of 1908, relating to the issuance by the city of New Orleans of new public improvement bonds to the extent of eight million dollars ($8,000,000.00), are also ratified and approved, and the respective amendments to the constitution carrying same into effect are reaffirmed.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4094.1. New Orleans; sewage, water, and drainage system; special tax for drainage

RS 33:4094.1 - New Orleans; sewage, water, and drainage system; special tax for drainage
A.(1) It shall be the duty of the council of the city of New Orleans or its successor, as the governing body of the city of New Orleans, to levy and collect a special ad valorem tax of four mills on the dollar for the benefit of the Sewage and Water Board of New Orleans. Upon voter approval, such ad valorem tax shall be collected annually for a term of twenty years. The proceeds shall be collected for the sewage, water, and drainage systems of the Sewage and Water Board of New Orleans, as adjusted in accordance with the provisions of the Constitution of Louisiana upon all the taxable property, real, personal, and mixed, in the city of New Orleans, subject to the homestead exemption, said tax to be levied over and above all other taxes now authorized to be levied by the city of New Orleans.
(2) Such proceeds shall be used solely and exclusively for the drainage system in New Orleans.
B. The provision of Subsection A of this Section shall be authorized by a vote of the majority of the registered voters who are property taxpayers in the city of New Orleans, voting at an election called by resolution, which resolution shall call for due notice to be given of said election which shall be published as required by R.S. 18:1285.
C. The authorization granted by the provision of Subsection A of this Section shall expire on January 1, 2010.
Acts 1999, No. 815, §1, eff. July 2, 1999; Acts 2004, No. 618, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4097. New Orleans; sewerage, water and drainage bonds, limitation upon bonded indebtedness

RS 33:4097 - New Orleans; sewerage, water and drainage bonds, limitation upon bonded indebtedness
The Sewerage and Water Board of New Orleans, by resolution adopted by affirmative vote of a majority of its members and subject to the approvals hereinafter set forth, shall have the power and is hereby authorized to issue from time to time, in the name of the city of New Orleans, bonds payable solely out of the tax levies and other revenues specified in R.S. 33:4098 for sewerage, water, and drainage purposes for the city of New Orleans, or to refund bonds issued under the authority of this Section. Such bonds may be additionally secured by municipal bond insurance, bank guarantees, surety bonds, letters of credit and other devices to enhance the credit quality of the bonds, the cost of which credit enhancement devices may be paid from the proceeds of the bonds or such other funds as may be available. Bonds issued hereunder to refund bonds shall be issued in accordance with the provisions of Chapter 14-A of Title 39 of the Louisiana Revised Statutes, and for the purposes thereof, the Sewerage and Water Board of New Orleans shall be deemed to be the governing authority of the issuer whenever such term is used in said Chapter; provided, however, the Board of Liquidation, City Debt, shall fix the details of the bonds and sell the bonds as provided in R.S. 33:4100 and R.S. 33:4101, respectively. The resolution of the Sewerage and Water Board of New Orleans authorizing the issuance of such bonds shall not be effective until approved by a resolution adopted by affirmative vote of two-thirds of the members of the council of the city of New Orleans and by a resolution adopted by affirmative vote of a majority of the members of the Board of Liquidation, City Debt. All bonds issued pursuant to this Section shall be excluded in applying any limitation upon the power of the city of New Orleans to issue bonds for any purpose. No bonds shall be issued under this Section which, when added to the bonds previously issued hereunder and then outstanding, would make the total of such bonds outstanding exceed twelve million dollars. For the purpose of calculating said debt limitation, there shall be included the amount of any refunding bonds and there shall be excluded the amount of those issues of bonds refunded by the refunding bonds.
Added by Acts 1976, No. 167, §1. Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4098. New Orleans; tax levy to pay bonds; disposal of residue; proceeds from assessments

RS 33:4098 - New Orleans; tax levy to pay bonds; disposal of residue; proceeds from assessments
The Board of Liquidation, City Debt, shall annually retain from the revenues derived from the tax levy of two mills for the sewerage, water and drainage systems of the city of New Orleans provided for in R.S. 33:4094, an amount which, together with other moneys received by the Board of Liquidation, City Debt, from the sewerage and water board, as hereinafter provided, shall be sufficient to provide for the payment, at or prior to maturity, of the principal of and the interest on the bonds issued under the authority of R.S. 33:4097, and such revenues shall be applied by the Board of Liquidation, City Debt, to such purposes. After providing for the payment of the principal and interest of such bonds and after making such further reservation of revenues derived from the aforesaid tax as may be required by the terms of any contract made with the holders of said bonds or as the Board of Liquidation, City Debt, in its discretion, may deem necessary to insure the prompt and regular payment of the principal and interest of said bonds, the residue of said revenues shall be used by the sewerage and water board of New Orleans for the purposes now set forth in R.S. 33:4094.
In the event the proceeds of bonds issued under R.S. 33:4097 shall have been used by the sewerage and water board to pay for the portion of the cost of drainage work which is to be assessed against lands benefited by such drainage work, the sewerage and water board shall pay over to the Board of Liquidation, City Debt, when and as received, the funds derived from the sale of drainage certificates secured by said assessments, and the total amount of assessments levied upon the property benefited by such drainage works, and the proceeds of the sale of drainage liens upon such property which are not dedicated to the payment of drainage certificates, until a sufficient amount shall have been paid over to the Board of Liquidation, City Debt, to provide for the retirement and redemption of principal and interest of an amount of the bonds issued under R.S. 33:4097, equal to the face amount of said bonds the proceeds of which were used to pay the property owners' portion of the cost of the drainage works.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4099. New Orleans; tax exemption of bonds; investment in bonds; use as security; registration

RS 33:4099 - New Orleans; tax exemption of bonds; investment in bonds; use as security; registration
Bonds issued under the authority of R.S. 33:4097 shall be exempt from all taxation for state, parish, municipal or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees and other fiduciaries may invest the funds in their hands in said bonds. Said bonds may be used for deposit with any officer, board, municipality or other political subdivision of the state of Louisiana, in any case where, by present or future laws, deposit or security is required. Said bonds may be registered and released from registry under such rules as the Board of Liquidation, City Debt, may prescribe.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4100. New Orleans; interest rate of bonds; form; execution; details of bonds; costs; peremption

RS 33:4100 - New Orleans; interest rate of bonds; form; execution; details of bonds; costs; peremption
Bonds issued under the authority of R.S. 33:4097 shall bear such rate or rates of interest as provided for in R.S. 39:1424 and 1424.1, shall be payable at such time or places on or before November 7, 1992, shall be in such form and denomination, shall be subject to such provisions of redemption, including redemption premiums, shall be executed and shall be subject to such other details as the Board of Liquidation, City Debt, shall determine by resolution adopted by affirmative vote of a majority of its members. The cost of preparing and selling such bonds shall be paid by the Board of Liquidation, City Debt. The resolution authorizing the issuance of such bonds under the authority of R.S. 33:4097 shall be published one time in the official journal of the city of New Orleans. For a period of thirty days from the date of publication of such resolution, any person in interest shall have the right to contest the legality of the resolution and the legality of the bond issue for any cause, after which time no one shall have any cause or right of action to contest the legality of said resolution or of the bonds authorized for any cause whatsoever. If no suit, action, or proceeding is begun contesting the validity of the bond issue within the thirty days herein prescribed, the authority to issue the bonds and to provide for the payment thereof, and the legality thereof and of all of the provisions of the resolution shall be conclusively presumed, and no court shall have authority to inquire into such matters.
Added by Acts 1976, No. 167, §1. Amended by Acts 1978, No. 414, §1; Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4101. New Orleans; sale of bonds

RS 33:4101 - New Orleans; sale of bonds
All bonds issued under the authority of R.S. 33:4097 shall be sold in the manner provided for water revenue bonds in R.S. 33:4096(B)(4).
Added by Acts 1976, No. 167, §1. Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4102. New Orleans; proceeds of bond sale

RS 33:4102 - New Orleans; proceeds of bond sale
The proceeds of all sales of bonds issued under the authority of R.S. 33:4097, except refunding bonds which shall be governed by the provisions of the resolution of the Board of Liquidation, City Debt, fixing the details thereof, shall be held by the Board of Liquidation, City Debt, and paid over on the warrants of the Sewerage and Water Board of New Orleans in the manner and under the conditions provided in R.S. 33:4094 with reference to disbursements of said tax funds, and shall be used solely and exclusively for the construction and extension of the sewerage, water and drainage systems of the city of New Orleans, in such proportions as to the construction and extension of each of said systems as the Sewerage and Water Board of New Orleans may determine.
Added by Acts 1976, No. 167, §1. Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4103. New Orleans; continuation of Board of Liquidation, City Debt; application of tax proceeds

RS 33:4103 - New Orleans; continuation of Board of Liquidation, City Debt; application of tax proceeds
The Board of Liquidation, City Debt, as now organized and created, and with the powers, duties and functions prescribed by existing laws and by the constitution, shall be continued while any bonds authorized by R.S. 33:4097 are outstanding and unpaid, and all taxes which may be levied for the payment of said bonds, shall day by day as collected, be paid over to said board and shall by it be applied in payment of the principal and interest of said bonds.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4104. New Orleans; application of R.S. 33:4097 to R.S. 33:4103 to other related provisions

RS 33:4104 - New Orleans; application of R.S. 33:4097 to R.S. 33:4103 to other related provisions
The provisions of R.S. 33:4097 to R.S. 33:4103, inclusive, of this Part, shall not affect the right, power and authority of the city of New Orleans to levy a tax on all taxable property in the city of New Orleans sufficient to pay the principal of and interest on any bonds of the city of New Orleans heretofore issued and now outstanding, or which may be issued in the future under the provisions of Act 4 of 1916, as amended, and Act 3 of the Extra Session of 1927, as amended, which acts now form a part of the constitution of Louisiana, nor the right, power and authority of the city of New Orleans to issue bonds in the future under the authority of said acts. The bonds issued under authority of R.S. 33:4097 shall not be included in computing the indebtedness of the city of New Orleans under any limitation prescribed by the constitution or statutes of the state of Louisiana.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4105. New Orleans; effectiveness

RS 33:4105 - New Orleans; effectiveness
The provisions of R.S. 33:4097 to R.S.33:4104, inclusive, are self-operative, and the city of New Orleans and the several boards and bodies therein referred to, shall have full power to carry them into effect. No proceedings or approvals not required by the provisions of said Sections shall be necessary to the validity of any bonds issued thereunder. Any provision of any law in conflict with the provisions of said Sections is hereby repealed.
Added by Acts 1976, No. 167, §1. Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4107. New Orleans; hearing relating to drainage area

§4107. New Orleans; hearing relating to drainage area
At the time and place fixed by the resolution of the sewerage and water board for the hearing said board shall meet and shall hear and consider all written objections timely filed by the owners of land in the drainage area who desire to be heard, and after such hearing the sewerage and water board may modify the plan of the drainage works or alter the boundaries of the drainage area to exclude land originally included or make any other decision with reference to the proposed drainage plan that it may deem just and equitable, or it may confirm the plan as originally prepared and the boundaries of the drainage area as originally defined. The boundaries of the drainage area may be extended to include land not originally included only with the consent of the owner of such land or pursuant to the procedure provided in R.S. 33:4106. In either case the benefits accruing to such land shall be assessed by the board of appraisers by written report.
The sewerage and water board shall provide in the resolution declaring its intention to drain the defined area (in said Area A) that a stated percentage of the cost of the work shall be borne by the sewerage and water board.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4109. New Orleans; construction of drainage works

RS 33:4109 - New Orleans; construction of drainage works
Upon receipt of a certified copy of the decree of the district court, or the decree as affirmed or amended upon appeal if any appeal is taken therefrom, the sewerage and water board shall publish a notice in a daily newspaper published in the city of New Orleans and in such other publications as it deems advisable inviting sealed bids for the construction of the proposed drainage works. Such notice shall be published once a week for three successive weeks, the first publication to be not less than thirty days prior to the date fixed for the receipt of the bids.
The board shall meet at the time and place fixed for the receipt of such bids, and shall award a contract or contracts for the construction of the drainage works to the lowest and best responsible bidder or bidders. Said board shall thereupon by resolution determine the total cost of the drainage works, including engineering, legal, financial and other expenses incident thereto, which total cost, less stated percentage to be borne by the sewerage and water board, shall not exceed the total benefits as fixed by the court's decree; the percentage of such cost to be borne by the sewerage and water board and the remaining percentage which is to be assessed against the property in the defined drainage area. Such resolution shall also set forth each parcel of land in the drainage area and the amount to be assessed against each parcel of land which shall be in proportion to the benefits assessed in the court decree and not in excess thereof. The amounts assessed against the several parcels of land in the drainage area shall be payable, at the option of each property owner, in one lump sum as hereinafter provided or in annual installments commencing at such time and running for such period of years, not less than ten nor more than fifteen as the sewerage and water board shall determine by resolution.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4110. New Orleans; assessments charged in drainage area

RS 33:4110 - New Orleans; assessments charged in drainage area
Upon the adoption by the sewerage and water board of the resolution fixing the assessments to be charged to each parcel of land in the drainage area, the sewerage and water board shall cause said resolution to be recorded in the mortgage office of the parish of Orleans, and, from the date of recordation, the assessments made by said resolution upon the lands in the defined drainage area shall constitute a lien upon such lands on a parity with the lien for ad valorem taxes levied by the city of New Orleans. Immediately after recordation of the resolution in the mortgage office, a notice shall be sent by the sewerage and water board to the owner of each parcel of land in the drainage area stating the total amount of the assessment levied on said parcel of land, showing the number, amounts and due dates of the annual installments, and setting forth the right of the property owner to avoid the payment of interest on any part of the assessment by paying the total assessment in one lump sum within sixty days after recordation of said resolution in the mortgage office; provided, the property owner may prepay the balance due on the amount of the assessment levied against his property by paying a premium to be determined by the sewerage and water board, but not exceeding five percent. All prepayments shall be accompanied with payment of interest in the following manner, if payment is made less than ninety days from next interest payment date, interest will be paid to second succeeding interest payment date; if made more than ninety days before next interest payment date, interest shall be paid only to the next interest payment date.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4111. New Orleans; property subject to assessment; interest; certification; collection

RS 33:4111 - New Orleans; property subject to assessment; interest; certification; collection
No property in the defined drainage area shall be exempt from such assessments. Property owned in the defined drainage area by the city of New Orleans, by the state of Louisiana or by any board, agency, or subdivision of said city or state shall be subject to such assessments, and such assessments shall be paid by the public agency owning such property. Interest shall be paid on all deferred installments of such assessments at the rate of six and one-half per centum per annum, which interest shall accrue from the date of the adoption of the resolution levying such assessments. No interest shall be paid by any property owner who pays his total assessment within the sixty day period specified in R.S. 33:4110.
The sewerage and water board shall annually certify to the finance department of the city of New Orleans the amount due from each property owner for such assessments, and the finance department shall add the amount so certified to the regular tax bill of each such property owner, which amount shall be collected in the manner fixed by law for the collection of regular city taxes, subject to the penalties for delinquency hereinafter prescribed. All collections of said assessments shall be paid by the said department of finance, as collected, to the sewerage and water board of New Orleans. At the option of the sewerage and water board, it may make all collections of said assessments and provide the details therefor.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4112. New Orleans; delinquent installments

RS 33:4112 - New Orleans; delinquent installments
Failure to pay any installment of assessments and interest when due or within thirty days after such due date shall have the effect of maturing all unpaid installments of assessments, and the lien on the property shall then be enforced for the interest then due and for the entire amount of all unpaid installments of assessments due and unpaid by such property, including installments for all subsequent years, with penalties on the total amount at the rate of one percent per month until paid. If, within one year from the due date of any installment, the property owner fails to pay said interest and to pay the entire amount of the unpaid installments of assessments and penalties, the director of finance of the city of New Orleans, for the benefit of the sewerage and water board of New Orleans, shall immediately sell such property for said interest and for the entire amount of the unpaid installments of assessments due and unpaid plus penalties and costs, and the performance of such duty shall constitute an essential part of the obligation of the contract of the drainage certificates authorized to be issued by R.S. 33:4113. The procedure in connection with the notice, advertisement and sale of such property shall be governed by the law applicable to the sale of real property for delinquent city taxes. Said property so sold may be redeemed by the property owner at any time within three years from the date of recordation of the sale of the property by paying the price of adjudication, including costs and five percent penalty and interest at the rate of one percent per month until redeemed. If the property is adjudicated to the city of New Orleans for the benefit of the sewerage and water board of New Orleans and is not redeemed within the period of three years, the city of New Orleans is hereby empowered to cause the sale of said property for a sum not less than the accrued assessment plus costs, interest and penalties, by following the procedure set forth by law for judicial sales, and such sale shall give purchaser a good and merchantable title. Any net surplus of the sale price shall be refunded to the party or parties at interest. At the option of the sewerage and water board it may enforce the collection of said unpaid installments of assessments and provide for the sale of said property to the same extent as in this Section is granted to the city of New Orleans.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4113. New Orleans; issuance of certificates following no interest period

RS 33:4113 - New Orleans; issuance of certificates following no interest period
After expiration of the period within which property owners may pay their total assessment without interest, the sewerage and water board of New Orleans may by resolution adopted by the affirmative vote of not less than three-fourths of its entire membership authorize an issue of certificates to an amount not exceeding the aggregate amount of the assessments levied against the owners of property in the defined drainage area less the aggregate amount of such assessments theretofore paid by the property owners. Such certificates shall be payable solely out of the assessments levied by resolution of the sewerage and water board of New Orleans upon the properties in a defined area. The form of said certificates and the manner of their execution shall be prescribed by the sewerage and water board of New Orleans, and shall state on their face that they are obligations of the sewerage and water board, payable solely out of the assessments levied by a resolution of the sewerage and water board upon the properties in a defined drainage area, which resolution shall be identified by its title and date of adoption. Certificates issued under the authority of this Section shall be exempt from all taxation for state, parish, municipal or other local purposes.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4114. New Orleans; sale of certificates

RS 33:4114 - New Orleans; sale of certificates
Said certificates shall be sold by the sewerage and water board at public sale at not less than par and accrued interest after advertisement for bids published in two daily newspapers in New Orleans and one in New York, New York at least once a week for four successive weeks and awarded to the best responsible bidder. They shall bear interest at a rate not exceeding six percent per annum. Such certificates shall mature in not less than ten nor more than fifteen equal annual installments beginning not more than one year from their date, but the sewerage and water board may in said certificates reserve an option to redeem them prior to maturity at such time or times and in such manner as it shall determine.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4115. New Orleans; use of funds

RS 33:4115 - New Orleans; use of funds
In the event that proceeds of bonds issued under R.S. 33:4097 shall have been used by the sewerage and water board to pay for the portion of the cost of the drainage work which is to be assessed against the owners of property in a defined drainage area, the sewerage and water board shall pay over to the Board of Liquidation, City Debt, when and as received, the funds derived from the sale of drainage certificates secured by the assessments in the said defined drainage area, the one lump sum payments of assessments received from owners of property in said defined drainage area under R.S. 33:4110, if drainage certificates were not sold, the annual payments on the assessments within the said drainage area, and proceeds of the sale of drainage liens upon property which are not dedicated to the payment of drainage certificates, until a sufficient amount shall have been paid over to said Board of Liquidation, City Debt, to provide for the retirement and redemption in principal and interest of an amount of the bonds issued under R.S. 33:4097 equal to the bond proceeds which were used to pay for the property owners' portion of the cost of the drainage work in the said defined drainage area. Funds derived from the sale of drainage certificates and lump sum payments of assessments under R.S. 33:4110, to the extent not required to be paid over to the Board of Liquidation, City Debt, by the preceding sentence, shall be dedicated by the sewerage and water board of New Orleans to the payment of the work, in connection with which the issue was sold and said assessments were paid, and pending their disbursement such funds derived from the sale of each issue and such related lump sum payments of assessments shall be kept separate and distinct from all other funds derived from the sale of any other issues of said drainage certificates and related lump sum payments of assessments and shall be deposited in a separate account in a bank to be designated by the sewerage and water board of New Orleans within the state of Louisiana, and whatever interest shall be earned thereon shall be credited to said account. Each said special account shall be secured to the full amount thereof by collateral to be approved by the sewerage and water board of New Orleans. Against each account shall be charged the amounts paid out for the work changes payable therefrom.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4116. New Orleans; debt limit; exclusion of certificates

RS 33:4116 - New Orleans; debt limit; exclusion of certificates
Said certificates shall not be included in computing the indebtedness of the city of New Orleans under any limitation prescribed by the constitution or statutes of the state of Louisiana, nor shall it be necessary to secure the approval for the issuance of said certificates from the State Bond Commission.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4117. New Orleans; sale for other taxes; continuation of lien

RS 33:4117 - New Orleans; sale for other taxes; continuation of lien
Whenever any lot or portion of real property affected by the drainage lien provided for herein is sold for the unpaid city or state real estate taxes due thereon, or taxes due other taxing authorities, and is adjudicated to the city or state, or other taxing authorities, or to an individual, the fact of said adjudication shall not have the effect of cancelling the lien and privilege hereby authorized, by confusion or otherwise, but such lien and privilege shall continue in full force and effect and be enforceable against such lot or portion of real property until the assessment or assessments, plus interest and penalties are fully paid and satisfied. Nor shall the sale of property by the city of New Orleans for the benefit of the sewerage and water board to enforce the drainage lien herein provided for have the effect of cancelling unpaid city, state, federal taxes, or taxes due to other governmental agencies.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4118. New Orleans; tax exemption of certificates; investment in certificates; certificates as security

RS 33:4118 - New Orleans; tax exemption of certificates; investment in certificates; certificates as security
Certificates issued under the authority of R.S. 33:4113 shall be exempt from all taxation for state, parish, municipal or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees and other fiduciaries may invest the funds in their hands in said certificates. Said certificates may be used for deposit with any officer, board, municipality or other political subdivision of the state of Louisiana, in any case where by present or future laws, deposit or security is required.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4119. New Orleans; R.S. 33:4106 to R.S. 33:4118 self-operative

RS 33:4119 - New Orleans; R.S. 33:4106 to R.S. 33:4118 self-operative
The provisions hereof are self-operative. The sewerage and water board of New Orleans and the city of New Orleans shall carry the same into effect. No proceedings or approvals, not required by the provisions of those sections, shall be necessary to the validity of any certificates issued hereunder.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4120. New Orleans; effective date of R.S. 33:4106 to R.S. 33:4119

RS 33:4120 - New Orleans; effective date of R.S. 33:4106 to R.S. 33:4119
The power conferred by R.S. 33:4106 to R.S. 33:4119, inclusive, shall not be exercised unless and until House Bill No. 232, which became Act 540 of the 1958 Regular Session of the Louisiana Legislature proposing an amendment to Article XIV of the constitution by adding thereto new sections to be designated R.S. 33:4097 to 33:4105, inclusive, shall have been submitted to and approved by electors at an election to be held on the first Tuesday next following the first Monday in November, 1958, in the manner provided by the constitution.
Any provision of the constitution or any law in conflict herewith is hereby repealed. Should any provision be declared null and void, such declaration shall not affect the balance of this amendment.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4122. New Orleans; no obligation to provide funds

RS 33:4122 - New Orleans; no obligation to provide funds
There shall be no obligation on the part of the city of New Orleans to provide funds for the operation and maintenance of the sewerage system of the city of New Orleans.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4123. New Orleans; rules and regulations; provisions self-operative; board continued; repeal; severability

RS 33:4123 - New Orleans; rules and regulations; provisions self-operative; board continued; repeal; severability
The board may make reasonable rules and regulations necessary for the proper administration of the sewerage system.
The provisions hereof are self-operative, and the sewerage and water board of New Orleans, the Board of Liquidation, City Debt, and the council of the city of New Orleans, or its successor as the governing body of said city of New Orleans shall have full power to carry them into effect.
The Board of Liquidation, City Debt, as now organized and created, and with the powers, duties and functions prescribed by existing laws and by the constitution, shall be continued while any bonds authorized by R.S. 33:4121 are outstanding and unpaid.
No proceedings or approvals, not required by the provisions of this Section, shall be necessary to the validity of such bonds.
Any provision of the constitution or any law in conflict herewith is hereby repealed. Should any provision hereof be declared null and void, such declaration shall not affect the balance of this amendment.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4124. New Orleans; drainage system; special tax, investments; disbursements

RS 33:4124 - New Orleans; drainage system; special tax, investments; disbursements
It shall be the duty of the Council of the City of New Orleans, or its successor, as the governing body of said City of New Orleans, to levy and collect for the year 1967, and annually thereafter for a term of fifty (50) years, a special ad valorem tax of three (3) mills on the dollar, as adjusted in accordance with the provisions of the Louisiana Constitution of 1974, upon all taxable property, real, personal and mixed, in the City of New Orleans. The proceeds of said tax shall be paid over to the Board of Liquidation, City Debt, day by day as the same is collected by the proper officials of the City of New Orleans and such proceeds shall be used solely and exclusively for the operation and maintenance of the drainage system of the City of New Orleans; and for the construction and extension of said drainage system, excluding subsurface drainage systems and their appurtenances; and shall be deposited with the fiscal agent banks of the Board of Liquidation, City Debt, to the credit of a special fund called "Drainage System Fund". The Board of Liquidation, City Debt, may, in its discretion, invest any of the proceeds of said special tax in such investments as it is authorized by law to make whenever an officer designated by the Sewerage and Water Board of New Orleans requests the investment of such funds by the Board of Liquidation, City Debt. All disbursements made by the Sewerage and Water Board out of the proceeds of said fund shall be made in the form of warrants or drafts on the Board of Liquidation, City Debt, setting forth the amounts thereof, the persons to whom payable, and the purpose for which the payment is made; and the Board of Liquidation, City Debt, is charged with the duty of taking care that no irregular or improper or unlawful payments are made out of said special fund. The Board of Liquidation, City Debt, as now organized and created and with the powers, duties and functions prescribed by existing laws and by this amendment shall be continued as long as said special tax is levied and collected under this amendment. The provisions hereof are self-operative and the City of New Orleans and the several boards and bodies herein referred to shall carry the same into effect.
Added by Acts 1976, No. 167, §1. Amended by Acts 1978, No. 416, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4125. New Orleans; drainage bonds; limitation upon bonded indebtedness

RS 33:4125 - New Orleans; drainage bonds; limitation upon bonded indebtedness
The Sewerage and Water Board of New Orleans, by resolution adopted by affirmative vote of a majority of its members and subject to the approvals hereinafter set forth, shall have the power and is hereby authorized to issue from time to time, in the name of the city of New Orleans, bonds payable solely out of the tax levies and other revenues specified in R.S. 33:4126 for drainage purposes for the city of New Orleans, or to refund bonds issued under the authority of this Section. Such bonds may be additionally secured by municipal bond insurance, bank guarantees, surety bonds, letters of credit, and other devices to enhance the credit quality of the bonds, the cost of which credit enhancement devices may be paid from the proceeds of the bonds or such other funds as may be available. Bonds issued hereunder to refund bonds shall be issued in accordance with the provisions of Chapter 14-A of Title 39 of the Louisiana Revised Statutes, and for purposes thereof, the Sewerage and Water Board of New Orleans shall be deemed to be the governing authority of the issuer whenever such term is used in said Chapter; provided, however, the Board of Liquidation, City Debt, shall fix the details of the bonds and sell the bonds as provided in R.S. 33:4128 and R.S. 33:4129, respectively. The resolution of the Sewerage and Water Board of New Orleans authorizing the issuance of such bonds shall not be effective until approved by a resolution adopted by affirmative vote of a majority of the members of the council of the city of New Orleans and by a resolution adopted by affirmative vote of a majority of the members of the Board of Liquidation, City Debt. All bonds issued pursuant to this Section shall be excluded in applying any limitation upon the power of the city of New Orleans to issue bonds for any purpose. No bonds shall be issued under this Section which, when added to the bonds previously issued hereunder and then outstanding, would make the total of such bonds outstanding exceed eighteen million dollars. For the purpose of calculating said debt limitation, there shall be included the amount of any refunding bonds and there shall be excluded the amount of those issues of bonds refunded by the refunding bonds.
Added by Acts 1976, No. 167, §1. Amended by Acts 1978, No. 417, §1; Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4126. New Orleans; tax levy to pay bonds; disposal of residue; proceeds from assessments

RS 33:4126 - New Orleans; tax levy to pay bonds; disposal of residue; proceeds from assessments
The Board of Liquidation, City Debt, shall annually retain from the revenues derived from the tax levy of three mills for the drainage system of the city of New Orleans provided for herein, an amount which, together with other moneys received by the Board of Liquidation, City Debt, from the sewerage and water board, as hereinafter provided, shall be sufficient to provide for the payment, at or prior to maturity, of the principal of and the interest on the bonds issued under the authority of R.S. 33:4125, and such revenues shall be applied by the Board of Liquidation, City Debt, to such purposes. After providing for the payment of the principal and interest of such bonds and after making such further reservation of revenues derived from the aforesaid tax as may be required by the terms of any contract with the holders of said bonds or as the Board of Liquidation, City Debt, in its discretion, may deem necessary to insure the prompt and regular payment of the principal of and interest on said bonds, the residue of said revenues shall be used by the sewerage and water board of New Orleans for the purposes now set forth in R.S. 33:4124.
In the event the proceeds of bonds issued under R.S. 33:4125 shall have been used by the sewerage and water board to pay for the portion of the cost of drainage work which is to be assessed against lands benefited by such drainage work, the sewerage and water board shall pay over to the Board of Liquidation, City Debt, when and as received, the funds derived from the sale of drainage certificates secured by said assessments, and the total amount of assessments levied upon the property benefited by such drainage works, and the proceeds of the sale of drainage liens upon such property which are not dedicated to the payment of drainage certificates, until a sufficient amount shall have been paid over to the Board of Liquidation, City Debt, to provide for the retirement and redemption of principal of and interest on an amount of the bonds issued under R.S. 33:4125 equal to the face amount of the said bonds the proceeds of which were used to pay the property owners' portion of the cost of the drainage works.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4127. New Orleans; tax exemption of bonds, investments; use as security; registration

RS 33:4127 - New Orleans; tax exemption of bonds, investments; use as security; registration
Bonds issued under the authority of R.S. 33:4125 shall be exempt from all taxation for state, parish, municipal or other local purposes. Savings banks, tutors of minors, curators of interdicts, trustees and other fiduciaries may invest the funds in their hands in said bonds. Said bonds may be used for deposit with any officer, board, municipality or other political subdivision of the state of Louisiana, in any case where, by present or future laws, deposit or security is required. Said bonds may be registered and released from registry under such rules as the Board of Liquidation, City Debt, may prescribe.
Added by Acts 1976, No. 167, §1.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4128. New Orleans, interest rate of bonds; form; execution; details of bonds; costs; peremption

RS 33:4128 - New Orleans, interest rate of bonds; form; execution; details of bonds; costs; peremption
Bonds issued under the authority of R.S. 33:4125 shall bear such rate or rates of interest as provided for in R.S. 39:1424 and R.S. 39:1424.1, shall be payable at such time or places on or before December 31, 2017, shall be in such form and denomination, shall be subject to such provisions of redemption, including redemption premiums, shall be executed and shall be subject to such other details as the Board of Liquidation, City Debt, shall determine by resolution adopted by affirmative vote of a majority of its members. The cost of preparing and selling said bonds shall be paid by the Board of Liquidation, City Debt. The resolution authorizing the issuance of bonds under the authority of R.S. 33:4125 shall be published one time in the official journal of the city of New Orleans. For a period of thirty days from the date of publication of such resolution, any person in interest shall have the right to contest the legality of the resolution and the legality of the bond issue for any cause, after which time no one shall have any cause or right of action to contest the legality of said resolution or of the bonds authorized thereby for any cause whatsoever. If no suit, action, or proceeding is begun contesting the validity of the bond issue within the thirty days herein prescribed, the authority to issue the bonds and to provide for the payment thereof, and the legality thereof and of all of the provisions of the resolution shall be conclusively presumed, and no court shall have authority to inquire into such matters.
Added by Acts 1976, No. 167, §1. Amended by Acts 1978, No. 418, §1; Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4129. New Orleans; sale of bonds

RS 33:4129 - New Orleans; sale of bonds
All bonds issued under the authority of R.S. 33:4125 shall be sold in the manner provided for sewerage service revenue bonds in R.S. 33:4121(B)(4).
Added by Acts 1976, No. 167, §1. Acts 1985, No. 731, §1, eff. July 16, 1985.
2023 Louisiana Laws › Revised Statutes › Title 33 - Municipalities and Parishes › §33:4130. New Orleans; proceeds of bond sale

RS 33:4130 - New Orleans; proceeds of bond sale
The proceeds of all sales of bonds issued under the authority of R.S. 33:4125, except refunding bonds which shall be governed by the provisions of the resolution authorizing their issuance, shall be held by the Board of Liquidation, City Debt, and paid over on the warrants of the Sewerage and Water Board of New Orleans in the manner and under the conditions provided in R.S. 33:4094 with reference to disbursements of said tax funds, and shall be used solely and exclusively for the construction and extension of the drainage system of the city of New Orleans.
Added by Acts 1976, No. 167, §1. Acts 1985, No. 731, §1, eff. July 16, 1985.