Show AN ORDINANCE An ordinance providing when special taxes shall be payable as to issuing warrants warrants warrants war war- rants and scrip for special Improvements and as to interest thereon Be it ordained by the City Council o of ot Salt Lake City Utah Section 1 That all special taxes shall become delinquent as follows A. A For paving in ten equal Installments Installments Install Install- ments wit to tenth one-tenth thereof thirty days after the approval of ot the ordinance thereof In levying such tax tenth one-tenth one year ear after such such approval approval tenth one-tenth thereof in two years after atter such approval approvals one t tenth one nth thereof in three years after such approval tenth one-tenth thereof In four years after such approval tenth one thereof In five years after such approval tenth one-tenth thereof In six years after such approval tenth one-tenth thereof in seven years after such approval tenth one-tenth thereof in eight years after efter such approval al and one tenth one tenth thereof In nine years after such approval B. B For sidewalks sewers and all other special taxes in five equal installments I Ito to to One-fifth One thereof thirty days af after after af af- ter the approval of the ordinance levying I such tax one-fifth one thereof In one year af after after atter at- at ter the approval of such one- one fifth thereof In two years after such ap approval approval ap- ap one fifth e vire thereof in three th years I after such ug approval g and g one fifth thereof thereof there there- of in four years after such approval Section 2 Each Installment of any special del cial tax except the first shall draw Interest interest interest inter Inter- est from the date of the the- approval of ot the I ordinance levying such tax C until delinquency delinquency delin delin- quency at the the rate of six 6 per cent r per installment ta annum I Including and g dt after the h heM delinquency eM first ees shall i draw each i Interest at the rate of eight 8 6 per cent per until paid Section 3 All contracts for Improvements improvements improvements improve Improve- ments to be paid from special taxes shall provide for the issuing of ot special tax warrants or scrip at the option of the contractor but such option shall be ex expressed ex- ex pressed In the contract If It special tax warrants shall be Issued said contracts shall provide for and such warrants be drawn and issued In such way that the first Installment of 0 the tax shall not draw Interest until the same becomes delinquent delinquent delinquent delin delin- quent if scrip be requested the same shall be Issued in the manner r required by law Section 4 4 This ordinance shall t take ke ef effect effect effect ef- ef upon approval Passed by the City Council of Salt Lake Cit City Utah May 27 1907 1901 and re referred referred re- re ferre to the Mayor for his J. J B. B MORETON City Recorder Approved this day of May 1907 EZRA THOMPSON Mayor State of Utah City and County of Salt SaltI Lake I J. J B B. Mo eton City Recorder of Salt Lake k City Utah hio do j hereby e certify fr t tand that Ih the above d and foregoing is a ej full true and correct copy of an ordinance entitled An ordinance providing when special taxes shall be payable as to the issuing warrants and scrip for special Improvements Improvements improvements Improve Improve- ments and as to Interest thereon Passed by the City Council of Salt Lake City Utah May 27 1907 and da approved f by the Mayor o May 28 1907 as appears of re record ord In my office In witness whereof I have hereunto st set t my hand and affixed the corporate seal of said city this day of May Mav 1907 Seal J. J B. B MORETON City Recorder Bill till No 32 |