HomeMy WebLinkAbout1925-12-21 Minutes1121
REGULAR MEETING OF THE CITY COUNCIL
HELD DECEMBER 21st,1925.
PRESENT: The Mayor, Clerk; Aldermen Drake, Harding, Phillips, Price, Wages; absent Alderman Mintun.
MINUTES: the Minutes of the Previous meeting werse read and approved.
BILLS: The accounts of the Street Clean6rs, Jim Mitchell, $18.00; and Andrew Munds, $24.00; and
the following bills, which had been approved by the Auditing Committee were allowed and ordered pai
' and the Clerk was dorected to issue Warrants for the same on.motion by Alderman Phillips, seconded
by Aldrman Drake and passed by the unanimous vote of the members present, and so declared by the
Mayor; Gardner's Office Supply Co. $36.44; John Zillah, $172.50; Dr. A.S4Gregg $3.90; Dr Harrison
Hale $4.00; Dr. W.L.Bleeker $28.00.
IMPROVEMENT DISTRICT COLLECTIONS: Alderman Price moved that the City Attorney and the City Collecto
be appointed as a committee to investigate on the feasibility of re-aranging the dates of the col-
lection of the assessments in the various Improvement Districts so as to avoid a long delay between
the collection of said funds and the disbursement of the same. Rhis motion was seconded by Alder-
man Harding and received the following vote; ayes Aldrmen Drakerp Hard7hng, Phillips, Price Wages;
nays none. absent and not voting Ald:�rman Mintun; and was declared passed by the Major.
CAMPBELL STREET: The City Engineer reported that the records in the Office of the Circuit Clerk
show that Campbell Street is 23 feet wide, and exrends from Dickson to Lafayett. Alderman Harding
moved that the report be received, approved, filed and spread of record. This motion was seconded
by Alderman Price and received the following vote; ayes '.ldermen Drake, harding Phillips, Price,
Wages; nays None, absent and not voting Ald rman Mintyn and was declared passed by the Mayor.
Report;
Fayetteville, Arkansas
' December 21st, 1925.
Mayor and City Council,
Fayetteville, rlamsas.
Gentlemen;
In compliance with your request I have investigated the matter of Campbell St. and
find the width to be Twenty-three (23) feet. This width is shown on the Official County Court Plat
as filed in the Office of the Circuit Clerk.
This Street as shown by the Plat extends from Dickson Street to West Lafayett.
Respectfully submitted,
E.I�l Ratliff.
A communication from C.F.Armistead, City Collector was read to the Counc il, reporting the
action of the Board of Managers of the Water Plant providing for the depositing of the funds of
the Water Plant with the City Depository,
DYKE LUMBER CO.; Application of said Company forpermission to cut pavement for sewer connection
was referred to the City Engineer for report.
CHURCH STREET PAVEMENT:
The plans for the Church Street Pavement from West Mountain to Rock Street
were presented to the Council and on motion by Alderman Harding, seconded by Alderman Price were
approved.
BUDGET, for 1926.
The committee in charge of the matter of preparing a Budget for 1926, for the City
expenses
12
submitted its report. Alderman
Harding moved
that the
repobt bad the proposed plan of
putting
it into operation be approved.
This motion was
seconded
by Alderman Phillips and received
the following vote, ayes Aldermen Drake, Harding, Phillips, Price, Wages; nays none; absent and not
voting Alderman Mintun, and was declared passed by the Mayor.
WATER IMPROVEMENT DISTRICT NO 2.
The time for the hearing on the second petition for the formation ¢f
of Water Improvement Dostrict Number 2 having arrived, the Council carefully investigated the report
1122
of the totAl Assessments in said. District and the assessments of those 1vho had signed said
petition, whereupon Alderman Harding introduced the following resolution and moved its ad-
option; this motion wqs seconded by Alderman Price and received the following vote; ayes
Aldermen Drake, Harding, Phillips, Peice, Wages, nays none; absent and not voting Alderman`
Mintun and was declared passed by the Mayor.
I4 1�(l�j RESOLUTION.
WHEREAS, on the 14th day of September, 1925, a petition signed by more than ten owners of
real property was presented to the Council, requesting that steps be taken to form a
Water Improvement District, -to embrace the property described and there4n set forth;
WHFgEgg n t e 28th d f S p mbe 1925 n 0E11 ante numbered 572 was passed, forming
JR.E ii?ric as.,set , �r�h i e ,a eve-nathe� a ion
't'2 , :) .:J,.+ F�y '.I .: �; is !:'f� '-o t' ^ spic1 'ollzr'
WHEREAS,on the 19th day of October, 1925, a petition was presented to said Council
signed by persons claiming to represent a majority in assessed valuation of all real pro-
perty located within the D&strict, as set forth in said petition and Ordianace aforesaid
WHEREAS,The Council did on the 30th day of November, 1925, order and direct the City 6%#
Clerk of the City of Fayetteville, Arkansas, to give notice by publication once a week,
for two weeks,adviaing all persons that on the twenty-first day of December, 1925, the
Council would take that last named petition under consideration, and would at that time de
termine whether or not the same was signed by a majority in assessed valuation of all real
property within the said District; and
WHEREAS,said notice was so published by said Clerk in accordance with law; and
WHEREAS, said time for said hearing has arrived and said hearing has been duly and pro-
perly had;
NOW, HTEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS?
SECTION ONE:
That,.after careful.' consideration, the City Council of the City of Fayettevil
Arkansas,.finds.that there is a total assessed valuation of $19,665.00, of real property
within said District, according to the last assessment on file in the office of the County
Clerk of Washington County, Arkansas,and that persons signing said petition own property
within said Dsirtict of the assessed valuation of $11,475.00 according to said assessment.
SECTION TWO;
That it is the finding of the said City Council of said C6ty of Fayetteville,
Arkansas, that the majority in assessed valuation of owners of real property within Water
Improvement District Number Two of the City of Fayetteville, Arkansas, have signed said
petition; and that said District is hereby formed by said City Council of said Coty of Fay
etteville, Arkansas .
SECTION THREE:
In consideration of said petition the City Council has been guided by the
certificate of the Circuit Clerk of said County as to the ownership of said real property,
and by the certificate of the County Clerk of said County as to the assessed valuation of
said.real property.
SECTION FOUR;
That all resolutions or parts of resolytions in conflict herewith be, and the
same are hereby, repealed, and this resolution shall be in force and effect from and after
its passage and approval.
Passed and approved this 21st day of December, 1925.
Attest; J.C.Massie, Clerk
C.T.Harding.
Approved; Allan M. Wilson,
Mayor.
Alderman Harding introduced the following resolution and moved its adoption. This motion
was seconded by Alderman Drake and received the following vote; ayes Aldermen Drake,
Phillips, Price. Wages nays none; ab sen t and not voting Alderman Mintun, and was declared
passed by the Mayor.
1123
,: `qq� -RESOLUTION,
BE IT RESOLVED BY THE CITY COUNCUL OF THE CITY -OF FAYETTEVILLE, AFJ�ANSA$
That J.A.Petterson. J. Ewing and W.V.Cochran, three owners of real property within the
limits of Water Improvement District Number Two, of the City of Fayetteville, Arkansas,be,
and they are hereby, appointed as the Board of Improvement for said District.
That this resolution be in force and effect from and after its passage and approval.
' Passed and approved this 21st day of December, L925 C.THarding.
Attset; J.C.Massie, Clerk. Approved; Allan M. Wilson, Mayor,
WATER IMPROVEMENT DISTRICT NUMBER THREE. e
Alderman Wages introduced the following resolution and moved its
adoption, Alderman Harding seconded the motion which received the following vote; ayes Ald
ermen Drake, Harding, Phillips, Price Wages, nays none;
,abeseent�and not voting,,Aldrman Mintun,
and was declared by the Mayor.17
RESOLUTION.
WHEREAS, on the 14th day of December, 1925 there was duly filed with the City Council of the
City of Fayetteville, Arkansas, a petition purporting to contain the signatures of a major-
ity in value of the owners of real property situated within Watre Improvement District Num-
ber Three of the City of Fayetteville, Arkansas;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS:
SECTION ONE:
That a hearing of said petition to determine whether those persons who have
signed said petition constitute a majority in value of the owners of real property situated
within said Improvement District will be held by said City Council at the Mayors Office
in said City of Fayetteville, Arkansas on the 11th day of January, 1926, beginning at 7;30
P.M. of said Day.
SECTION TWO:i,
That the City Clerk of the City of Fayetteville, Arkansas, be and he is hereby
instructed and directed, to cause to be published a notice in accordance with Section One,
Act 125, Acts of Arkansas, 1913, advising all owners of real property within Water Improve#
ment District Number Three of the City of. Fayetteville, Arkansas,that a petition was present
ed to said City Council on Decembed 14th, 1925 requesting that the contemplated improvement
be undertaken, and that the cost thereof be charged and assessed against the real property
within said District,•and that on the 11th day of January, 1926, the said City Council will
determine whether or not said petition is signed by such majority in assessed valuation.
R.E3Wages.
' Passed and approved this 21st day of December, 1925.
Attset; J.C. Massie Clerk. Approved; Allan M. Wilson, Mayor.
ORDINANCE:
Alderman Price introduced an Ordinance which was read the first time, whereupon
' Alderman Harding moved that. the Rules be suspended and the Ordiaance placed on its second
reading. This motion was seconded by Aderman Drake ansd received the following vote; ayes
Aldermen Drake, Hardimg , Phillips, Price, Wages; nays none; absent and not voting Alderman
Mintum and was declared passed by the Mayor. The Ordina nce was read the second time;
Alderman Phillips moved thst the Rules be further suspended and the Ordinance placed on its
third reading and final passage. This motion was seconded by Alderman Price and received the
following vote; ayes Ald-rmen Drake, Harding, Phillips, Price, Wages; nays none; absent and
not voting Alderman Mintun. and was declared passed by the Mayor.
WheoOrdinance was rwd the third time. The Mayor then announced that the question before
the Council is Shall the Ordinance pass, and called for the vote thereon, which resulted as
1124 =�
follows; ayes Aldermen Drake, Harding, Phillips, Price, Wahes
nays none, absent and not .
voting Alderman Mintun. The Mayor declared the Ordinance passed. A copy is as follows*.
ORDINANCE NUMBERgoy. 587.
n
AN ORDINANCE TO BE ENTITLED AN ORDINAAICE AUTHORIZING THE MAYOR AND CITY CLERK OF THE CITY
OF FKYETTEVILLE, ARKANSAS TO ISSUE WRRRANTS TO PAY FOR ONE THOUSAND FEET OF HOSE BOUGHT
FROM THE UNITED STATES RUBBER COMPANY, EUREKA FIRE HOSE DEPARTMENT, OF NEW JERSEY, ON THE .
15th DAY OF JANUARY, %fil 1925°.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS:
SECTION ONE:
That the Mayor and the City Clerk of the City of Fayetteville, Arkansas, be and
and they are hereby authorized and directed to issue warrants for the payment of one thousand ,
feet of fire hose bought from the United States Rubber Company, Eureka Fire Hose Department
of New Jersey, on the 15th day of January, 1925 amounting to the sum of Fifteen hundred and
Twenty-six Dollars (1526.00).
SECTION TWO:4
That said Warrants shall be issued in accordance with the terms of a certain wri
tten contract entered into on the 15th day of January, 1925 by and between the said United
States Rubber Company, Eureka Fire Hose Department, of New Jersey., and the City of Fayette-
ville, Arkansas,•through its duly constituted Board of Public Affairs.
Passed and approved this 21st day of December, 1925. .
Attest; J.C.P/assie, Ulerk. Approved; Allan M. Wilson, Mayor.
, ORDINANCE:
Alderman Drake introduced an Ordinance which was read to the Council the fiast time ,
Whereupon Ald rman Harding moved that the Rules be suspended and the Ordiannce placed on its
second reading. This motion was seconded by Alderman Drake and received the following vote;
ayes Aldermen Drake Phillip , Price, Wages,; nays none; absent and not voting Alderman Mintun
and was declared passed by the Mayor. The Ordinance wast read the second time.
Alderman Drake then moved that Section Six (6), known a#/ as the Emergency Clause, be
read. This motion was duly seconded by Alderman Phillips and received the following vote;
ayes Aldermen Drake, Harding, Phillips, Price, Wages; nays none; absent and not voting Ald-
erman Mintun, and was declared passed by the Mayor. Section Six lb�was d by the Clerk.
Alderman Phillips then Moved that the Rules bOuspended and that Section Six (6), known
as the Emergency Clause be read the seecond time. This motion was duly seconded by Alderman °
Drake and received the -following vote; ayes Aldermen Drake, Harding, Phillips, Price, Wages;
nays none; absent and not voting Alderman Mintun, and was declared passed by the Mayor.
Section SiP4va n the second time by the Clerk. ,
Alderman Price moved that the Rules be further suspended and that Section Six (5),
known as the Emergency.Clausesbe read the third time, and adopted. This motion was duly secon
ded by Alderman Harding and received the following vote; ayes Aldermen Drake, Harding Phillip ' `� —
Wages; nays none; assent and not voting Alderman Mintun and was declared passed by the '
Mayor, who then called for the vote on the adoption of Section Six(eO known as the Emergency
Cl ause, which resulted as follows; ayes A;dermen Drake, Harding, Phillips, Price, Wages;
nays none; absent and not voting Alderman Mintun. The Mayo declared that the Section Sixjzz)
knovm as the Emergency Claus was adopted.
Alderman Harding then moved that the VXX, ;100 1 Rules be further suspended and the Ordi�g
nance, including tTW Section Si ,'known as the Emergency Clause be read the third time
and that the Ordinance as a whole be placed on its final passage. This motion was seconded by
Alderman Wages and received the following vote; ayes Aldermen Drake, Harding, Phillips, Price
Wages, nays none; absent and not voting Alderman Mintun, and was declared passed by the Mayor
1122
The Mayor then called for the vote on the Ordinance as a whole, which resulted as follows; 0
ayes Aldermen Drake, Harding, Phillips, Price, Wages; nays none; absent and not voting Aldero
mah Mintun.The Mayor declared the Ordinance passed. A copy is as follows;-
•S ORDINANCE NUMBERXO$ 588.
AN ORDINANCE FIXING THE TIME FOR THE FILING OF REFERENDUII PETITIO14B PROVIDED FOR BY AMhNDhMNT N0. 13 TO THE
CUNSTITUTUIN OF THE STATE OF rRKANSAS, AND FOR REGULATING THE PROCEDURE THEREON.
BE IT ORDAINED BY THE CITY COUNDIL OF THE CITY OF FAYETTEVULLE:
Section 1. All referendum petitions under Amendment No. 13 to teh Constitutdon of the State of•Arkansas,
appearing on pages 481 to 489, inclusive, of the General Acts of the Genernl Assembly of the State of Arkansas
of the year 1919, must be filed with the City Clerk within thirty days after the passage of such ordinance.
Section 2. Whenever any referendum petition is filed the City Council shall give notice by publication
for one insertion in a newspaper published =n this city of a time not less then five days after the publi-
cation of such notice at which they will hear all persons who wish to i,e heard on the question whether such
petition issigned by the requisite number of petitioners. At the time named the City Council shall meet and
hear all who wish to be heard on the question, and its decision shall be final, inless suit is brought in the
chancery cou t of Washington County within thirty days to review its action.
Section 3. If the City Council finds that such petition is signed by the requisite number of petitioners,
it shall"order a special Alection to determine by a vote of the qualified electors whether theordinance shall
stand or be revoked. The date for such election shall be not less than ten days after the order therefor has
been made by the Council, and said election shall be had and conducted as general municipal elections held in
the City of Fayetteville.
Section 4. If any ordinance referred to the people is defeated at the polls, the city council shall make
note of such fact and shall expunge such ordinance from its files by erasing the same with red ink.
' Section 5. If any provision of this ordinance is held to be void, it shall not affect the validity of
the remainder, bi.rt the remainder shall stand.
Section 6. It is hereby ascettained and declared that by reason of the heavy indebtedness hanging over
the City ofnFayetteville and accruing prior to the adoption of Amendment No. 11 to the Constitution of the.
State of Arkansas, the said City is unable to procure or maintain proper facilitied for the extinction of
fires, proper police protection of proper safeguards for the public health, and therefore in order that there
may be a prompt referendum on any ordinances necessary for the protection oflthe public peace, health and
safeth, it iw declared that an ememgenoy exists, making it necessarjr that this ordinance should take effect
immediately for the preservation of the public peace, health and s afety, and this ordinance shall take ef-
feet and be in force from and after its passage.
Passed -and approved this 21st day of December, 1925,
Approved: Allan M. Wilson, Mayor.
' Attest: J.C. Massie, Clerk.
BOND ORDINANCE.
Alderman Drake introduced an Ordinance providing for the issuing of Funding
bonds by the City of Fgyetteville, Arkansas, which was read the first time.
Alderman Price moved that the Rules be suspended and the Ordinance placed on its second
reading; Alderman Drake seconded this motion lwhich received the following vote; ayes 'ldermen
Harding,
Drake,/Phillips, Price, Wages; nays none; absent and not voting Alderman Mintun, and w as
declared passed by the Mayor.
Alderman Harding moved that the Rules be fuhPher suspended and that Section Six of the
Ordinance, known as the Emergency Clause,, be read. This motion was duly seconded by Alderman
Harding
Wages and received the following vote; ayes Aldermen Drake,/Phillips, Price, Wages; nays none
absent and not voting Alderman Mintun, and was declared passed by the Mayor. Section Six was
read by the Clerk.
Alderman Wages then moved that the Rules be further suspended and that Section Six, Known
1126
as the Emergency Clause)be read the second time. Alderman Price seconded the motion which res
ceived the following vote; ayes Aldermen Drake, Phillips Price ? Wages, Harding; nayse none;
absent and not voting Alderman Mintun, and was declared passed by the Mayor. Section Six was
ot¢yj read the secohd time by the Clerk.
Alderman Harding then moved tha .flection Six, own as the Emergency Clause) be read the
third time and adopted. This motion was seconded by Alderman Price and received the following
vote; ayes Aldermen Drake, Harding, Phillips, Price, Wages,; nays none; absent and not voting
Alderman Mintun, and was declared passed by the mayor. Thexection emsimit Six was read the /K
third time by the Clerk. The mayor then called for the vote on the adoption of Section Six,
which was as follows; ayes Aldermen Drake, Harding, P ill�ips, Price, Wages; nays none; absent
Cl� and not voting Alderman Mintun, and the Mayor declared the Emergency Claadopted. 1
Alderman Drake then moved that the Rules be further suspended and the ordinance, with the
Emergency Clause�be read the third time, and placed on its final passage. Alderman Wages
seconded this motion which received the following vote; ayes Aldermen Drake, Hardimg, Phillip
Price, Wages; nays none, absent and not voting Alderman Mintun, and was declared passed by Wthe Mayor. The Entire Ordinance wasA r8ad the third time.
The Mayor then announced that, the question before the Council is. Shall the Ordinance
pass, and called for the vote on the passage, which was as follows; ayes Aldermen Drake, Hard
ing, Phillips, Price, Wages; nays'none, absent and not voting Alderman Mintun. The Mayor then
declared the Ordinance passed. A copy is as follows; -
ORDINANCE NUMBER 589.
G
AN ORDINANCE PROVIDING FOR THE ISSUING OF FUNDING BONDS BY THE CITY OF FAYETTEVILLE., ARKANSAS:
WHEREAS, on the date of the adoption of Amendment No.
11 to the Constitution of the State of
Arkansas, the City
of Fayetteville was indebted in the
sum of $77,534.47,
of which $76,000.00
is still outstanding
and is now to be funded; and
WHEREAS/, the said
City has contracted to sell to Messrs
M.W. Elkins &
Company for the price
of $73,020.80 its bomds
bearing interest at the rate
five per centum per
annum, as herein-
after described and
se t forth;
NOW, THEREFORE, BE
IT ORDAINED BY THE CITY COUNCIL OF
THE CITY OF FAYETTEVILLE, ARKANSAS:
SECTION/O%$/ 1;
That.the
Mayor and City Clerk be authorized
and directed to
execute the bomds of
this city bearing
interest at the rate of five per centum
per annum,
thier numbers, amounts
and maturities to be
as follows;
NUMBERS OF BONDS
DENOMINATIONAMOUNT
MATURITY
1 to 3 inc.
$1000
'3000•
Aug. 1, 1926,
4 " 6 "
1000
3000
" 1, 1927,
7 " 9 "
1000
3000
" 1, 1928,
10 " 12 "
1000
3000
" 1, 1929,
13
500
500
" 11 1929 ,
14 to 16 inc.
1000
3000
" 1, 19309
17
500
500
" 10 1930,
18 to 20 inc.
1000
3000
" 1, 1931,
21
500
500
" 1, 19319
22 to 24 inc.
1000
3000
" 1, 19320
25
500
500
" 1, 19329
26 to 29 inc.
1000
000
" 10 1933,
30 to 33 inc.
1000
000
" 1, 1934,
34 " 37 "
1000
4000
" 1, 1935,
t
112'!'
NUMBER OF BONDS DENOMINATION AMOUNT MATURITIES
38 to 41 Inc. $1000 $4000 Aug., 1, 1938,
42 500i 500 " i, 1936,
43 to 46 Inc. 1000 4000 " 1, 1937,
47 500'r' 5001. it 1, 19372
48 to 51 Inc. 1000 4000 " 19 1938,
' 52 500 500 " 1, 1938,
53 to 57 Inc. 1000 5000 " 1, 1939,
58 tO 62 Inc. 1000 5000 " 1, 1940.,
63 tO 67 Inc. 1000 5000 " 1, 1941,
68 500.J 500 if 1, 1941,
69 to 74 Inc. 1000 6000 fill 10 1942,
75 to 80 inc 1000 6000 " 1, 1943.
Section T#1 2.
That said bonds shall be in the following form;
i
United States of America
State of Arkansas
City of Fayetteville
5% Funding Bond
No------ $---------
I{NOW ALL MEN BY THESE PRESENTS:
! That the City of Fayetteville, in the County of Washington, in the
State of Arkansas, acknowledges itself to owe and for value received promises to pay to
bearer the sum of ,-- Dollars in lawful money of the United States of America, on
the First day of August, 19---, with interest thereon from the first day of December, 1925
at the rate of five per centum per annum, payable semi-annually on the First day of Febru-
ary and August of each year commencing August 1, 1926, on presentation and surrender of the
annexed coupons as they severally mature. Both the principal and interest of this bond are
hereby made payable at the Chase National Bank, in the City of New York, and State of New
_ York.
This Bond ds one of a series of eighty (80) bonds aggregating Seventy-six Thousand
Dollars ($76,000), all of like tenor and effect, except as to denominations and maturities,
and numbered from one X)6 (1) to Eighty (80), inclusive, issued for the pilrpose of funding
the indebtedness of the City of Fayetteville existing at the time of the adoption of
Amendment No. 11 to the Constitution of the State of Arkansas; and the said City of.
' Fayetteville hereby covenants that it is a City of the First Class of the State of Arkan-
sas, and that in the issuing of this bond it has proceeded in accordance with the provi-
sions of said Amendment No. 11 and in accordance with the laws of the State of Arkansas,
including the provisions of Act No. 210 of the Acts of the General Assembly of the State
of Arkahsas for the year 1925, entitled " An Act to facilitate the funding of the debts of
Counties, Cities and Incorporated Towns,"approved March 23, 1925, and under Ordinances of
the City Council of the City of Fayetteville and resolutions of its Board of Public Affairs
duly adopted;that said sum of $76,000 was justly due and owing by the said City of Fayette-
ville on the date of the adoption of said amendment, and was still due and owling when this
bond was issued, and that all things necessary to the validity of this bond under the laws f
of the State of Arkansas, and particularly under the said Amendment to the Constitution and
the said Act, have been done, have happened and have been performed as required by law;
and that a Tax sufficient to pay the bonds aforesaid has been levied in accordance with the er '
provisions of said constitutional amendment and Act,and payable annually until the last ov
said bonds been fully
paid
and
discharged. For
the prompt payment
of this bond
and the
interest thereon, the
said
City
of Fayetteville
hereby pledges its
full faith,
credit and
taxing power, including the three mill additional tax authorized by said'Amendment No, 11
to the Constitution and applicable solely to the payment of this bond and the other bonds
issued to pay indebtedness outstanding at the time of adoption of the amendment.
This bond will not be valid until authenticated by the Certificate of the American
Southern Trust Company, of Little Rock, Arkansas,
IN WITNESS WHEREOF the City of Fayetteville has executed this bond by the hands of XX
its Mayor and City Clerk and attested it with its corporate Seal, and has caused the
coupons thereto attached to be authenticated by the fac simile signature of its Mayor on
this first day of December, 1925.
ATTEST:
(SEAL)
CITY OF FAYETTEVILLE,
BY...................
Mayor.
City Clerk
To each of said bonds are attached coupons for the semi-annual interest in the
following form;
No. $ .94.00.6.
February
On the first day of ,the City of Fayetteville, Arka nsas
August
promises to pay to bearer.'......... Dollars, at the Chase National Bank
in the City of New York, N.Y.,being six months interest then due on its
funding bonddated December first, 1925, and numbered ...6990....
Mayor.
(The signature of the Mayor to the coupons attached to said bonds may be lithographed
or engraved).
( The first coupon will be for eight months interest due August 1, 1926, amounting to
$33.33 for each $1000 bond and $16.67 for each $500 bond).
Upon the filing of said bonds shall appear the following certificate;
This is to certify that this is one of the eighty (80) bonds of this issue mentioned
and described within'
AMERICAN SOUTHERN TRUEST COMPANY,
By...........................
Little Rocj�, Arkansas,
......................
SECTION 3.
The Mayor and City Clerk are hereby authorized and directed, when they have
executed the said bonds,to turn the same over to the said purchasers, upon receipt of the
purchase price, and the said Mayor and City Clerk will draw their wabrants against the
proceeds of said bonds and use the same only in the payment of the indebtedness of this
city owing on the date of the adoption of said Amendment �IXX%g when such indebtedness
has been audited and allowed by the Board of Public Affairs and the Finance Committee
of this Council.
Section 4. In order to pay the said bomds there is hereby levied upon all real and person
al property within the City of Fayetteville, a tax of 2.5 mills per annum for each of the
years 1925 to 1942, inclusive, being a sum sufficient to meet said bonds and interests
Y
they mature, with five per cent (5/0 added for unforeseen contingencies; and the City
Clerk is directed to transmit a certified copy of this Ordinance to the County Clerk of
Washington
County, to
the end
that
said
taxes
may be extended upon
the
tax books
of said
County and
collected
annually
along
with
the
other taxes until the
said
bonds and
inter-
est thereon are paid in full.
Section 5.
In order to pay said bonds as they mature, there is hereby appropriated out of
the proceeds of the tax hereby levied, and if such proceeds be not sufficient, then out
of the General revenues of the City, the following sums to pay the principal and interest
of said bonds as they mature;
YEAR TOTAL BOND '.PRINCIPAL:'L BOND INTEREST
1926 17358.33 $3000, Aug., 1, 1926, $2533.33 Aug., 1, 1926
1927 6575.00 3000, Aug., 1, 1927,
1928 6425.00 3000, Aug., 1, 1928,
1929 6762.50 5680. Aug., 1, 1929,
1930 6587.50 3500 Aug., 1, 1930
1931 6412.50
3500 Aug., 1, 1931
1932 6237.50 3500 Aug., 1, 1932
1933 6550.00 4000 Aug., 1, 1933
1934 6350.00 4000 Aug .,l, 1934
1935
6150.00
4000 Aug.,
1,
1935
1936
6437,50
4500.Aug.,
1,
1986
1937 6212.50 4500 Aug., 1, 1937
1938 5987.50 4500 Aug., 1, 1938
1939 6250.00 5000 Aug., 1, 1939
i
1940 6000.00 5000 Aug., 1, 1940
1941 6237.50 5500.ft0g., 11 1941
1942 6450.00 6000 Aug., 1, 1942
1825.00 Feb., 1, 1927
1825.00 Aug., 1, 1927
1750.00 Feb., 1, 1928
1750.00 Aug., 1, 1928
1675.00 Feb.,l, 1929
1675.00 Aug., 1,'1929
1587.50 Feb., 1, 1930
1587.50 Aug.,l,•1930
1500.00 Feb., 1, 1931
1500.00 Aug., 1, 1931
1412.50 Feb.,1, 1932
1412.50 Aug., 1, 1932
1325.00•Feb., 1, 1933-
1525.00 Aug., 1, 1933
1225.00 Feb., 1, 1934
1225.00 Aug., 1, 1934
1125.00 Feb., 1, 1935
1125.00
Aug.,
10
1935
1025.00
Feb.,
1,
1936
1025.00
Aug.,
1,
1936
912.50
Feb.,
1,•1937
912.50
Aug.,
1,
1937
800.00
Feb.,
1,
1938
800.00
Aug.,
1,
1938
687.50
Feb.,
15
1939
687.50
Aug.,
1,
1939
562.50
Feb.,
1,
1940
562.50
Aug.,
1,
1940
437.50
Feb.,
1,
1941
437.50
Aug.,
1,
1941
300.00
Feb'.,
1,
1942
300.00
Aug.,
1,
1942
150.00
Feb.,
1,
1943
1940 6150.00 6000 Aug., 1, 1943 150.00 Aug., 1, 1943.
Section 6.
It is hereby ascertained and declared that by reason of the heavy indebted-
ness dj1#1 hanging over this city of which the $760000.00 for which bonds are to be
issued is evedenced by past due city warrants which could be used in the payment of
taxes, fines and other accounts due the city, so that its revenues and credit are
seriously threatened,it is unable to procure and maintain proper facilities for the
extinction of ffres,proper police protection and proper safeguards for the public health
and for these reasons it is hereby declared taht an emergency exists, and that this
ordinance is immediately necessary for the preservation of the public peace, health and
safety, and that the same shall take effect and be in force upon its passage.
Passed December 21, 1925
Approved; Allan M. Wilsom, Mayor. Attest; J.C.Massie Clerk.
... '' .. _Lpn47•i..-.r ^,-•n C'.1 '1 :'r-
�^ Alderman Wages moved that because of the lack of data necessary for an intelligent
Y
ryt UESt;
hearing in the matter of the formation of City Perkxlmprovement District Number,) -One,
C. er.,
m
f 1 29
130
The hearing on the second petition therefor be continued to December 28th, 1925. This
motion was duly seconded by Alderman Drake, and received the following vote; ayes
Aldermen Drake, Harding, Phillipso. Price, Wages; nays none; absent and not voting
Alderman Mintun, and was declared passed by the Mayor.
No further business appearing, the Council adjourned to December, 28th, 1925.
9ttest; rte+ 4� �4Approved;
"` Clerk. Mayor.
Present;
c
REGULAR.MEETING OF THE CITY COUNCIL
DECEMBER 28thT 1925 ,
The City Clerk;
There being no Quorum , the Clerk declared the meeting adjourned,
e
Attest; "4096ity Clerk
REGULAR MEETING OF THE CITY COUNCIL
HELD JANUARY 4th, 1926.
PRESENT: The Mayor, Clerk, Aldermen Drake, Harding, Mintun, Price Wages; absent Alderman ,
Phillips.
Minutes of the previous meeting were read and approved.
BILLS: The accounts of Jim Mitchell $36.00; and Andrew Munds $48.00 for street Cleaning
for two weeks together with the following bills against the City, to -wit; J.C.Massie for
Stamps $1.00;Democrat Pub. Co. $70.80; John Zillah $55.00; Democrat Printing Co. $3.50;
Wages Bros. $1.46;W.H. Rollins, $3.00; S: H: Guinn $47.00, Adams Flower Shop $15.00; Bigger
Bros. Lbr Co. $3125; South-west Power Co. $396.25; Crowe Name Plate Mfg. Co. $137.38 C.F.
Armistead $9.86; C.J. Fuller $10.00; James Dinwiddie $30.00; J.W. Shelley $6.75; Fayetteville
Lbr & Cement Co. $5.00, which had been approved by the Auditing Committee, were allowed and
on motion by Alderman Harding, seconded by Alderman Price were ordered paid and the Clerk
directed to issue warrants for the same, the motion having received the unanimous vote of
all the members present. ,
REPORTS: The reports of the City Collector, the Police Judge; the Fire Chief and the City
Clerk having been presented Alderman Harding seconded by Alderman Wages moved that the
reports be received and filed; This motion was passed by the unanimous vote of the members
present.
FREE AUTO LICENSE: On motion by Alderman Price seconded by Alderman Harding and passed by the '
unanimous vote of the Council the mayor was authorized to furnish the City Collector with
a list of City Officiald, elected and appointed to whom free Auto License shluld be granted.
CITY STREET TAX: On motion by Alderman Price, seconded by Alderman Drake the City Collector
was authorized to devise ways and means for the more efficient and systematic collection
of Street Tax due the City under the State laws.
A communication from John Carlisle was read to the Council, but no action wasrtaken.
r
FIRE BENEFIT: Alderman Price moved that the Fire Department be granted the privilege of
putting on a benefit Show, free from the City Tax thereon.Alderman Mintun seconded the motion
which received the unanimous vote of the Council.
I