Show ordinance no 49 an ordill ordinance ance declaring due dna advertisement ti ofalia bond men providing fort ho Execution and delivery lawful purchasers of watker bonds bonda of 01 the city cit of boater ot 0 deaver couitt Co uirt utalia lo 10 raise haise i funda I 1 tin a T for 0 r tho rho purpose of supplying slid said city with water ilo for plying ing the S same an 0 to t ba 19 owned led by said city prescribing the form of said bonds aud and providing I 1 for the levy of A direct anti annual ual A al I 1 valorem valoree tax lav upon all of OC the taxable property Pro party in said city in addition to all other tuxes sufficient VO ro pay pa tile tho interest Ac curing upon said bonds promptly wilan and As the ramo becomes due and also to A sinking fund S biffi 1 chent to paytha pay tha principal thereof at the tima pt of their maturity aud and declaring Doila nog an U I 1 whereas at a meeting of tho the city coin cotin council cil of benver beaver city ot of beaver coun ty utah mali held on tile the tiny day of may A D 1011 tin an ordinance was duly dul adopted ng and directing the issuance rind ind advertisement of sale of the negotiable water bonds bonda of 0 said baid city oil to an amount aggregating tho the principal sum suin of thirty thousand do colars clars to raise funds for the tha purpose of supplying said enid city with water the tha works for supplying the same tu bo be owned and controlled by said baid city and whereas Wb erea pursuant to the provisions provi siona of ordinance oralina ice no 13 43 of said eaid city passed parsed and approved app may 18 A D 1014 notice of proposal to issue and sell said bonds bonde and inviting sealed proposals was published for moro more than ISO 30 days bathe in ahe weeley press tho boffl dal cial newspaper nes paper of s said city printed published and of gd general uerAl circulation therein continuously beginning with tile the may 22 1914 and ending fifth tile the june julie 10 1911 1914 issue thero there of as more fully appears from publishers affidavit of publication now on oil llo file and of record in in the prace proceedings edings of this council and whereas said bonds have this day da by this council pursuant to the advertised lodics of sale balo aforesaid been batien duly awarded and sold bold upon tho the best terms at which said bonds can be sold arid and at a price exceeding the par vid value ue of 0 said eaid bonds together with all accrued interest thereon to date of delivery del nory to keeler brothers financial agents witti in in the city and county of denver state of colorado who wore were the highest and best bidders their bid being tade made in full and strict conformity with tho the terms of the advertised notice of sale bale mentioned and whereas it is is the duty of said bind conn cil to issue sald said bonds as anti and in tho the manner provided by law for foi tit the purpose aforesaid now therefore in in consider aaion of 0 the promises premises tie be it ordained fly by the city council of beaver city ot of beaver county utah as iol follows lows e r so 1 that it be and hereby sa is titled recited and ami warranted that till all conditions acts ind and things necessary anti and essential to the validity of the bonds and hereinafter mentioned and required by law lav to be done have been fully dono done und and pe donned section 2 that to rake raise funds for tile the of applying lying said city with writ wak or er tho the works tor for hup supplying plying alo same earne to be ba owned and controlled by said city as mentioned in ia the fie preamble hereof there shall bo be and there tire hereby authorized ordered and aali directed diio cled to be issued and delivered to the thereof afire aforesaid said trio tho negotiable writer water bonds of said city to an all amount ac re the tha principal sum of 0 0 which shall bo be known rind and designated water bonds shall be 30 in number num numbered bereLl con ly from I 1 to 30 both numbers inclusive of tile denomination of 1000 each eacle shall bear dato date of may 1 li A D 1014 bencomo due and payable may 1 A D 1931 but shall be redeemable in numerical order at tho the option of baid city on any interest payment date after may 1 A D 1021 1921 t that thiet said bonds bond shall bear interest int erast from their late date until unlit paid at the rule rate of six eix 0 per annum payable semi semi annually ou on alj the first days clays of may and november respectively la in each year which installments of 0 interest to date of maturity of principal shall be evidenced by appropriate coupons at inched to each bond and both tile the I 1 interest 11 nc curing on and tile the principal of said eaid bonds shall be payable in lawful money of tile tho united states of america at the national bank of commerce Com maroe meroe in the city and state of new york U S A section 3 that bah of said bonds and each odthe of the coupons to be thereto attached alla atta chod chad shall be ba i m 1 a Bubs tanti ally the following forms borins respect respectively i vel Y to wit r ora FORM or OF BOND united states of america state of utah cufal bounty of beaver no city of beavor beaver 1000 wa water ter bond know all man by these presents Pro senta that beaver bi aver cl city aty of bealar county utah w itself to uwe owe and tor for V value rille received hereby promises to pay to I 1 t the he bearer haroff tile the principal sum bum 01 0 one thousand dollars on may farat A D 1031 1931 together with interest on sai t sum from tho date dale hereof until paid nt as I 1 tbt rao of six per per annum payable smi annually on an the first days of may and november respectively in each year a as 9 evi evidenced by and upon the presentation and surrender of the tha interest coupons hero here attached attach sd ns as aboy severally become due and both the sad principal find and inte tire are hereby m made ado pay payable ablo in awful ni oney money of tile the united states of america at the tha national bank ol of conr menco in tile tha city and state of 0 now new york U 8 A this bond is issued by said olty ity to raise funds for the burp purpose ase of supplying said city with water tile the work stor any aurely ply ing the sami sam to bu owned and caw controlled by said city pursuant to a voth vote of the duly qualified taxpaying spaying ta elt el motors obeaid city cily present and aad voting u upon poll the tha question at a special election lawfully called and duly held therein on the day bt bf juno A D 1914 tor for abo purpose prior to tile tho istuan H of this bond nt at w which h jel I 1 election a majority ot of all of 0 the electors present and voting voicing thereat vo voted tad in favor ot of the issuance of it tills this bond and under by virtue of anti and in all respects in full and strict compliance with the constitution chapter 21 title 13 compiled lawa ol of utah ot of 1007 1907 nil all laws amendatory thereof and supplementary thereto an ordinance i ot of said bald city duly adopted ado p t 0 d prior to the issuance ol of this bond and it is certified recited and warranted that said city has been for many 3 ears past and is ia now a body politic and corporate and a municipal corporation po ration duly organized existing and operating as a city under and by v virtue i i I 1 raue t of tho the c constitution arid and general laws of the state aud and 14 i now and always has been under the control ot of a duly organized city council as tho duly constituted cor corporate pointe authority thereof that all things acts and conditions required by tile the constitution and iowa of the he state stale of 0 f utah to exist and to happen and be adno and performed precedent to and in tha ls issuance suan 0 o of this bond in order to constitute tho the same the tha valid and binding obligation of said oily city do exist and have happened arid and been done and per formaa in regular and due form and time that the total indebtedness of said bald city including this bond does not exceed tiny any constitutional or r statutory tri and that due provision has been mane maae tor for the levy assessment and coll of a direct annual ad valo valoree valorem jora tax tas on al 1 of tile the basab property of 0 said Eal doity jn 9 addition to all other taxes to or create onto n fund sufficient to pay the interest no ao puring criag upon this bis bond prompt ly when a and d as thu the same becomes become duo due and to es establish blish a sinking fund with which to discharge the tha principal heiert nt at ran maturity maturi t hii H tj tao baft credit r and all of the taxable property f said a cit oily yare are hereby irrevocably ale pledged ed d for the punctual pay ment t of 0 the I 1 cres r redemption of 0 the principal T this bond respectively a ay 4 t tha h 0 same me b blomes omes due and are payable bl a as 0 0 el 11 1 this bo bond of I 1 is Meera a dee mable abla at the pleasure I 1 t of I 1 f f mid eald altyn I 1 ty ity a any interest payment date dale after may jac t A D 1921 in testimony ny I 1 beaver city of beaver cou n ty t y tali by I 1 its is city coun vil oil has caused ed th tb bond to bo be signed by the nayor mayor ai cuy city recorder and counts counter countersigned signed d by 0 oily city treasurer under its corporate corp ial al and the attached interest coupons 1 resigned be signed with tj ule e engraved facsimile of said saia c city 1 ity treasurer the first firstly of may A D 1014 layer abor seal aty y recorder countersigned Counter signed city treasurer 1 form of 0 co coit no f 30 00 on may 1st ast D 19 november beaver city of 0 beaver beierl anty ui utah for value received will pa to the bearor hereof the sum ot of thirty hirly h tars in law ful ul money ot of the united st 81 set i amer ica at the national bank 0 commeree Com in the city and state cano of net ork fork U el 8 A being six BH months inheres then due on its water bond dated ma abai 11 1 A D 1014 1914 no 6 Cily ily tle trel teira te form Irm of certificate to be 0 en ned on p back ut of each bond bord state ol of utah county ot of beaver ea city ot of beaver 1 certify that the within bond I 1 bissu gg ed in accordance with law ind and I 1 with in thu debt limit permitted by t tra con ati sti tulion lution and laws of utah and in cord ince ance with a vote of the ta pa a it heaver beaver city of bravar beaver county U lit an election held on day of ine A D 1914 authorizing bonds t the amount of thirty thousand do dollars lars seal I 1 IL city recorder derli section 4 that each of the b bd hereby author authorized lazed shall be signed the mayor and city recorder and cou con or signed by the tha city treasurer under corporate seat which seal shall be ba i pressed thereon that each of the tha interest coupons to be attached to ea i of said bonds sh shallie allbe executed ed aby bif t engraved facsimile signature of sa city treasurer reri bud and tho the officers in title thin wentlo mentioned ned aro hereby authorized ordered und nd directed to calese said bonds bonda and coupons to be prepared substantially in the form finup respectively ively bot forelli and to execute the samo for arid and on said city as and in the maciver aforesaid stud and after their execution and be fore oro sa eaid id bonds are delivered tu to tile the they hhall be registered g by the city recorder in a public record book bak kept for that pur pos in which show that said bonds bonda wore were issued ly by mild city tile tho amount aio of 0 each bond its number date of 0 issuance lisua Itsu ance vint time anil place panco of 0 pay payment mento rate af interest number ot of interest coupons attached name bud aud post postoffice office address of the pur chapor and a 3 proper description lon tor for future and said rod shall endor io u on tile revo rim side of said bonds as and before set out section 5 that lite interest fallini falling dueon due on said eaid bonds on november 1 A 1 D 1914 shall be end the tha same is hereby ordered appropriated rind paid by the olty treasurer from the general fund 0 of r said cit atty y or out ot of tiny any moneys in 1 hie is hands bo belonging lunging to said city and for or tile the purpose of ef providing the necos necessary sary funds to reimburse said fund for tho the 1 mount amount so BO borrowed borro wod from it and al alyo 0 to pay baythe the interest accruing orl on said bonds bona subsequent 1 A D lou 1914 promptly when aud aua tta its tho same tails falls due audio constitute and a sinking fund sufficient to discharge the principal thereof tit at maturity there to be and by this thia ordinance there is is hereby levied upon nil all the taxable property iu in said city in addition to tn all other taxes the fullow following ipg direct annual ad cowit iu in tho the year 1014 tax lax sufficient cent to produce th abi hot sum ot of being for 1 ut erest 11 in alic each h ot the years 1015 to 1023 1923 both inclusive a tax eat to produce tile the not net sum burn of 1800 in each year being tor for interest in each of the years yeara 1921 1924 to 1933 1912 both lUclus inclusive ive a tax sufficient to produce the net sum 0 oc 1800 in each year being 1800 for and tor for pat in tile the year 1923 a tax sufficient to produce the not net sum ol of wing tor for interest and for or principal and said tax when collected shall by the city troa treasurer surer ba kept in a separate fund to be designated water bonds dated may 1 A D 1914 interest and sin binning icing fund which chic 1 b shall be ba bly pledged i to and used solely for the daymont ot of the la interest teresi ac curing on and the principal of tile the said bonds hereby authorized when due so long ong a amyot any of said bonds or the interest coupons doupona thereto appertaining rel remain clain outstanding und unpaid and tor for greater cartain certainty ty tat city council of arlia city shall in cach of said eaid years 1911 1011 to 1933 both inclusive ve include the bond tax hereinabove levied for such year in the annual estimate tar for city purposes for said and acu anally prior to july ast 1st said bond tax ancill in each of said eaid years be coref faedi to tho the county treasurer uror of said county extended upon tile the tax rolls by the same officers in the sanie manner and at the same OS as foxes for general city cily county and district purposes tor for said for or bruch year yar uro are certified 0 ir tended and collected section 0 that on the days ol of april arid and october Oc respectively io in each year so BO long as any of the interest coupons Bp up pertaining to the bonds hereby authorized to be issued romain remain ing find and unpaid the city treasurer shu shall ll 11 and she is i hereby ordered authorized and directed to reit rait out of any in her hands bands belonging to said city in the form of if check or draft payable io in new york city cily U S A to tile the nation nl al bank of commerce in tile the city and state of now new york vork U S A a sum chent to pay the semiannual semi annual Inter cEa ac curing on said bonds on the first dis oblay of may and november in ill each year andani and all escrow chat chag g i es made by said bank fur handling said coupons anu on the ina loin day aay or of april A D 1031 tile the said acty c ty treasurer shall and she is hereby authorized ordered and directed ilire cled out ot thy tho linking finking fund created under the provisions ot this ordinance di nance to remit boychock by chock or draft puya ablo able in now new york to the said national bank ol of commerce Commer cei in new york a sum BUCO sufficient to pay the principal amount of paid bonds it t may then be ing together with the interest accrued thereon to may I 1 A D J 1931 a nod d any and nil all escrow charges made ty by said bank for handling earno section 7 that tile the mayor recorder jer and nd tren tre aurer respectively respective lyof ot said eaid city ahe he treasurer treasure r and respectively ot f said paid county |