Page:United States Statutes at Large Volume 70.djvu/583

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STAT.]

527

PUBLIC LAW 6 9 5 - J U L Y 11, 1956

of Honolulu, Territory of Hawaii, are hereby ratified and confirmed, subject to the provisions of this Act, such authorization to be over and above any limitations on the amount of the bonded debt of the city and county of Honolulu and on the amount of the debt which may be incurred by said city and county in any one year imposed by the Hawaiian Organic Act, and such authorization shall also be in addition to all other issues authorized by the Congress: Provided, however, That nothing herein contained shall be deemed to prohibit Limitation. the amendment of said Acts of said Territory by the legislature thereof, from time to time, to provide for changes in the improvements authorized by said Acts. SEC. 2. Any provision of the Hawaiian Organic Act or any other Bond elimitation. 48 u s 491 note. Act of Congress to the contrary notwithstanding, the Territory of Hawaii may authorize the city and county of Honolulu to issue general obligation bonds for public improvements in an amount not exceeding 2 per centum of the assessed valuation of the real estate or $14,000,000, whichever is the greater, in any single calendar year: Provided, That the total indebtedness of said city and county shall Debt limitation. not exceed 10 per centum of the assessed valuation of the real estate or $70,000,000, whichever is the greater, at any one time: Provided further, That any indebtedness incurred pursuant to specific authorization of the Congress, including indebtedness incurred pursuant to section 1 hereof, shall be included in computing such total indebtedness. Serial SEC. 3. The bonds issued under authority of this Act may be serial turity. bonds; mabonds payable in substantially equal annual installments, the first installment to mature not later than five years and the last installment to mature not later than thirty years from the date of such issue. Such bonds may be issued without the approval of the President of the United States. Approved July 11, 1956. Public Law 695

C H A P T E R 568

AN ACT To include the present area of Zion National Monument within Zion National Park, in the State of Utah, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That for the purpose of combining Zion National Park and Zion National Monument, Utah, in a single national park unit, in the interest of efficient administration and to preserve adequately the features thereof, Zion National Park hereafter shall comprise the present area of the National P a r k and the present area of the Zion National Monument: Provided, That the enactment of this Act shall not affect adversely any valid rights or privileges heretofore existing within the areas hereby established as the Zion National Park. SEC. 2. The Secretary of the Interior is authorized to administer Zion National Park as hereby established in accordance with his authority over the park heretofore granted by the Congress and in accordance with the general laws governing areas of the national park system. SEC. 3» All funds heretofore made available for purposes of Zion National Park and Zion National Monument may be used for purposes of Zion National Park as established by this Act. Approved July 11, 1956.

July 11, 1956 [H. R. 10535]

Zion National Park.

Administration.

Funds.

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