Natchitoches Parish

Shall the revenues heretofore and hereafter derived from the levy of the existing one percent (1%) sales and use tax (the "Tax") now being collected in the City of Natchitoches, State of Louisiana (the "City"), pursuant to special elections held in said City on January 11, 1966, July 23, 1968 and September 13, 1980 (an estimated $3,800,000 reasonably expected at this time to be collected from the levy of the Tax for an entire year), be rededicated and used as follows: (i) 50% for the purposes of constructing, acquiring, improving, operating and maintaining sewers and sewerage disposal works and waterworks facilities and for funding such revenues into bonds in accordance with applicable laws for any of such purposes and making all required payments in connection therewith; and (ii) 50% for the purposes of constructing, acquiring and improving public streets, drainage, parks and recreation facilities and buildings; and constructing, acquiring, improving, operating and maintaining sewers and sewerage disposal works and waterworks facilities and for funding such revenues into bonds in accordance with applicable laws for any of such purposes and making all required payments in connection therewith?