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Sewerage and Water Board of New Orleans: 1952

1952

1952 Act No. 262

AN ACT To amend and re-enact Sections 4078, 4081, 4082, 4083, 4084, 4085, 4089 and adding a section to be known as Section 4092 of Title 33, Chapter 9, of the Louisiana Revised Statutes of 1950, relative to the creation and organization of the Sewerage & Water Board of the City of New Orleans, formerly Sections 17, 20, 21, 22, 23, 24, 29 and 33 of Act 6 of 1899, Extra Session of Louisiana Legislature, as amended, entitled: "An Act to make effective the vote and levy of the special tax by the property taxpayers of the City of New Orleans for water, sewerage and drainage purposes; by authorizing the capitalization of said tax by the issuance of fifty-year bonds of the City of New Orleans under certain conditions and with certain privileges and restrictions, providing for the payment of the principal and interest thereof, for the disposition of the said bonds and the proceeds thereof, and defining the powers and duties of the Board of Liquidation with reference thereto; by constituting and establishing a Sewerage & Water Board for the City of New Orleans and defining its powers, duties, rights and obligations with reference to the public, the City Council, the Board of Liquidation and the Drainage Commission, and vice versa; by authorizing the City of New Orleans, through said Board, to acquire all necessary property, rights and franchises by purchase, construction or expropriation, either within or without the city, necessary and proper for her* public systems of sewerage and water and in such cases to assume as part of the purchase price existing mortgages on said property, to provide for the payment of the principal and interest of such assumed debts; and to provide for the violation of said Act."

* As it appears in the enrolled bill.