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Show remala outstanding and unpaid on the bonds herein authorized spproprlata notice to be served the net revenues so received will be and the Income and revenue of the Section I. That the registration redemption at the option of Provo rates for the In part in in- sufficient promptly to pay the prin system shall be set aside into a sewer in services or all promptly as each falls due, or upon the owner, agent or other perCity, whole, district election agent for each to said fund and the 1, cipal of and Interest on this bond separate and special in the keeping of any covenant son having charge of or occupying verse on numerical by supplied con system order, (5 July five In SUNDAY, JULY 12, 1953 least at shall. post to its inhabitants, and and 1961 or an any Interest payment and the issue of wnicn it forms a ahall be used, first in maintaining herein contained, and it auch all property coming .within the city Utah County. Utah spicuous places witmn mi to the date thereafter. Any bond so called to and operating the system. All rev. to consumers or all with and becomes shall continue for a scope of this paragraph, that said within each default as due, part, at least five (5) days prior not actually out the boundaries of sstd city, of sixty days, the city public sewer is ready to receive to enues of the be system shall for redeem' be make all the period payments election required redemption said date fixed for shsli be reasonable and lust, used for the payment ot reason will appoint a manager for tbe connections therewith and that which able at the principal amount there made into the following election notice, must be connected with of oper into account and conBond and able Sewer Revenue expenses and of interest date taking once to Provo the proper accrued system, which manager shall City be also published notice ahall sideration the cost and value of full control over the sys- such sewer. the and con- fixed for redemption plus a pre- Sinking Fund. have ' system ating maintaining four than not less a week for Probata and the system and the cost of maintem snd shall operate the sys- Section 1L That the bonds aube registered as sra hereinafter referred to as the secutive weeks in The Sunday Her- mium tofor each bond so redeemed to This bond may and operating the sys in the name ot the "Net Revenues," and such net tem for Provo City, snd shall thorized to be issued, hereunder to one taining Guardianship Notice and prior equivalent principal maturity published a newspsper ald, enforce such reasonable rates and from time to time outstanding tem, and the proper and neces Consult County Clerk or the enjoying a general circulation in year's Interest on such bond com holder on the books of the City revenues shall be first used to pay ' sary allowances for the depreel and charges as will be sufficient shall not be entitled to any priority puted at the Interest rata borne by Recorder of Provo City, in the the principal of and Interest on Respective Slgneri for Further the City of Provo City: a tion thereof and the amounts to make the payments required one over the other in the applicathe bond in the six months period office of the Recorder, such regis- and provide the reserve for the ELECTION NOTICE information. necessary for the retirement of by this ordinance, and shaU in tion of the revenues of the system, immediately preceding the date so tration to be noted on the back bonds herein authorized. TO ALL QUALIFIED ELECall bonds, and he accruing In There shall be and there is here all things so operate the system regardless of the time or tunes fixed for redemption. Notice of re- hereof by the Recorder, after which TORS OF THE CITY OF PROterest on all such bonds as may as to fully comply with a IT of of their issusnce, it being the in(ORDINANCE NUMBER II demption shall be given not less no .transfer hereof ahall be valid by created and there shall be VO CITY, UTAH: be Issued hereunder, and there the requirements and provisions tention ot the Board of CommisAN ORDINANCE providing (or than thirty days prior to the date unless made on said" books and maintained until all of the bonds Take notice that on the 28th shsli be charged against all of this ordinance. The right of sioners that there shall be no fixed for redemption by registered similarly noted on the back here herein authorized have been fully the holding of a special elecelection an 1953, of July, day users of sewer service, includ the holder or holders of the priority among the bonds authormail to the holder of each bond of, but this bond may be dis paid together with interest there tion In the City of Prove City, will be held In, the City of from registration which Is registered as to principal charged ing said city, such rates and ' bonds herein authorized to re- ized to be issued pursuant to this by on a special fund to be known as Utah, for the purpose of subProvo City, Utah,' at the places 'amounts adequate to. meet the on the books, of the City Recorder. being transferred to bearer, after the "Provo City Sewer Revenue quire the appointment of such ordinance regardless of the fact mitting to the qualified elector!-' set out in the following ordiof this snd the requirements If any bond so called for redemp- which It shall be transferable by Bond Sinking Fund" (hereinafter thereof the question of adoptmanager shall not be exclusive, that they may be actually issued the purpose of for "and nance, , and in the event ot default as and delivered at different times. preceding sections hereof snd tion is not at the time registered delivery, but may again be regis- sometimes referred to as "Sinking to the qualified lng an initiative ordinance pro--of submitting sufficient to provide net rev 1 herein outlined, such holder or It Is hereby expressly agreed and as to principal, at least thirty days' tered as before. The registration Fund") Into which there shall be vldlng for the construction voters of said city the quesenues available and applicable holders shall have the right to covenanted that Provo City will notice of the intended redemption of this bond as to principal shall set aside and paid on the first day extensions and improvements tions set out in an ordinance to the payment of the principal ' to the municipally owned sewer thereof shall be given by regis- not restrain the negotiability of the of each month commencing Octo proceed in law or equity to re- not hereafter issue any bonds or the Board of Comby adopted and interest of the bonds herein tered mall to the bank at which coupons hereto attached by deliv- ber 1, 1953 such portion of the net quire the performance of the obligations payable front the revystem of said city, and aumissioners on. June 16th, 1953, authorized in an amount at covenants herein contained in enues of the system, or any part and every suc- revenues as shall be fully suf the bonds are payable and by pub- ery merely,-Eacthe issuance of thorizing which ordinance is as follows: least equal to IVi times the an lication of an appropriate notice cessive holder of this bond during ficient to pay 16 of the interest any action which to them shall thereof, until all bonds herein au$1,200,000 60 Sewer Revenue ORDINANCE NO. nual principal and interest re thorized have been paid In lull, ''seem appropriate; one time in a newspaper published such time as it is payable to bear- falling due in the succeeding six Bonds for the purpose of deAN ORDINANCE providing quirements (i) That the Board of Com-- . unless such additional bonds are er and such holder of each of the months period and 112 of the prin in Salt Lake City, Utah. thereon, all of for the construction of extenfraying part of the cost of the which revenues. Including those missloners of said city will by issued in such manner that they Section 3. That said bonds shall coupons hereto attached are con cipal amount of bonds falling due construction of such sions and improvements to the twelve months received from the city, shall be inresolution fo be adopted before are in all respects subordinate to menta and extensions. clusively presumed, to "forego and In the succeeding municipally owned sewer sys- - be payable as to principal and subject to distribution to the terest in t lawful money, of the; renounce his and their equities In period and in addition thereto an any of the bonds are Issued ap the bonds herein authorized. WHEREAS there has this dsy tern of Provo City, Utah, auamount sufficient to provide the psyment of the cost of operat point an engineer or a firm of The provisions of the foregoing been presented to the Board of thorizing and providing for the United States of America at Har- favor of subsequent holders for amounts hereinafter required to be ing and maintaining the ays engineers acceptable to the pur- paragraph are subject to the folCommissioners an Initiative petiissuance of $1,200,000 Sewer ris Trust St Savings Bank, Chicago, value without notice, and to agree into the Reserve Fund. chasers of the bonds which en lowing two exceptions: tem, and the payment of prin tion requesting that the Board of Revenue Bonds of Provo City, Illinois, and shall be signed by the that this bond while so payable to made 1. If at "any time after the There is hereby created as a cipal of and Interest on the gineer or firm of engineers shall Mayor of the city and shall be bearer, and each of the coupons Commissioners either adopt the . Utah, for the purpose of debonds herein ...authorized as bonds herein authorized, or any. serve as consulting engineer to countersigned by the City Record- hereto attached may be negotiated part of said Sinking Fund a fund of the cost of the ordinance therein set out or subpart fraying hereinbefore provided. "Reserve the city in the operation of tbe part thereof, shall have been er, and shall have the corporate by delivery by any person having to be known as the mit such ordinance to the vote of construction of such extensions (b) That the city will main system. No future improveseal of said city impressed there- possession thereof, howsoever such Fund" into which there shall be issued, the Board of Commisthe qualified electors of the City and improvements; prescribments or extensions tq the sys sioners shall find it desirable tain the system in good condi to ' be at- possession on. Interest coupons may have been ac- paid In each month a sum equal of Provo City for adoption, said ing the form and other details of the amount required to to refund said bonds, said bonds, tion and operate the same in an tem shall be made through the tached to said bonds shall be ex- quired, and that any holder who to 50 ordinance being entiled: of said bonds; providing for efficient manner and at reason or any part thereof, may be reuse of the revenues of the sys paid Into the Sinking Fund in the. sale thereof; providing for ecuted with the facsimile signa- shall have taken this bond or any be AN ORDINANCE providing for able cost; tem unless the consulting enfunded (but only with the contures of said Mayor and Recorder, of the coupons from any person for such month for the payment of the collection and disposition the construction of extensions sent of the holders thereof, un(c) That so lone ai anv of the which officials by the execution of value and without notice, thereby current principal and interest ungineer approves the making of of the revenues of said utility; and improvements to the mubonds remain outstanding, prop less the bonds have matured or such Improvements and exten said bonds shall adopt as and for has equired absolute title thereto, der the last preceding sentence making-othe- r provisions with nicipally owned sewer system er books of record and account are . then callable for redempsions and certifies that in his pay proper signatures their free from any defenses enforceable hereof. Such additional 50 of Provo City, Utah, authorizrespect to the operation of said their own facsimile tion and have been properly so will be kept by the city, sepor its opinion the operation ' of signatures ap- against any prior holder and free ments shall be continued until utility and the issuance of said respectiveon said ing and providing for the issuarate and apart from all other such improvements and exten called) and the refunding bonds from all equities and claims of such time as there is in the Re coupons. pearing ance of $1,200,000 Sewer Revbonds, and providing for the so issued shall enjoy complete records and accounts, showing sions will result in Increased net Section 4. That upon presentat- ownership of any such prior hold serve Fund the sum of $150,000. enue Bonds .of Provo City, payment of said bonds. revenues sufficient to amortize rnerearter, sucn montniy paycomplete and correct entries of equality of lien with the portion WHEREAS, Provo City now owns ion at the office of the City Re- er. Provo City and its officials and ments Utah, for the purpose of do. into the Reserve Fund need of said bonds which is not reall transactions relating to the the cost thereof within a period cost of the and operates its sewer system for corder of Provo City the holder the bank at which said bonds are . fraying part of the not be made except that if at any of thirty years. Successors to system, and that the holders of funded, if any there be, and the the purpose of supplying sewer of any such bond may have such payable shall not be affected by construction of such extensions the amount in the Reserve the consulting engineer origin holders of the refunding bonds any of the bonds, or any duly service to the city and its inhabi bond registered as to principal Re-in any notice to the contrary, recited time and Improvements; prescribFund,x by reason of expenditures auhorized agent or agents of It is hereby certified, ally selected may be appointed . ahall be subrogated to all of tbe tants and the inhabitants of the bis name on the books of the ing the form and other detail! such holders, shall have the corder to be kept for that purpose and declared that all acts, condi made therefrom, shall have been by the Board of Commissioners rights and privileges enjoyed of said bonds; providing for territory adjacent thereto; and reduced to less than $150,000, the from time to time, but such apby the holders of the bond reright at all reasonable times to the sale thereof ; providing for. WHEREAS, it Is now necessary In his office, which registration tions and things required to exist, 50 funded thereby. The refunding payments shall be resumed inspect all records, accounts pointment shall always be sub and imperative to construct exten shall be noted on the reverse side happen and be performed prece the collection and disposition such time as the Reserve and data relating thereto and to bonds shall be issued with such ject to rescission by action of sions and Improvements to said of the bond by the Recorder, and dent to and in the Issuance of this until of the revenues of said utility; the holders of a majority In details as the Board of Commisinspect the system and all prop thereafter the principal of any bond have existed, have happened FuAd shall have been resetored to making other provisions with system, Including a sewage treat bond erties comprising said system sioners may by resolution proso registered shall be pay- and have been performed in due Its full amount of $150,000. Money principal amount of the bonds ment and disposal plant; and,, respect to the operation of said The city further agrees that It herein authorized which may be as re in the Reserve Fund shall be used vide, provided only that if only WHEREAS, it Is estimated that able only to the registered holder, time, form and manner amount utility and the Issuance of said fof the payment of principal or then outstanding, executed and will within sixty days following a part of the outstanding bonds or as- quired by law, and that the bonds, and providing for the the cost of such extensions and Im his legal representatives i interest filed in the manner hereinabove the close of each fiscal year due at any time as is refunded, the interest rate of provements to said aystem will be signs. Any' bond so registered mav of thisof bond, together with the to which falling payment of said bonds. there. woulJL.otherwUe be cause an audit of such books the refunded bonds may not be which it forms a part, provided for the execution and $1,750,000,. of which cost $1,200,000 be transferred to other registered issue and and accounts to be made by an filing of instruments rescinding Increased, and no refunding WHEREAS it has been ascer is to be paid by the issuance of the holders or transferred to bearer does not exceed any limitation pre- a default, and when not needed for the Board of Commissioners' se bond may mature at a data Independent firm of certified tained by the Board of Commls Sewer Revenue- Bonds for which upon presentation to the City Re scribed by the Constitution or in this purpose may be invested lection of a depository for the direct obligations of the United earlier than the maturity date public acountants, showing the sinners that at the last preceding provision is hereinafter made and corder with- a ..legaL,asslgt)ment Statutes of the State of Utah, that States of any of the bonds not re of America. receipts and disbursements for Sinking Fund; election for- governor held in the $550,000 by the lssurance of gen duly acknowledged or proved. Reg- an amount.of .the revenues to be account of the system, and that funded. istration of any bond as to princi- derived from the sewer plant and Such payments Into said Sinking (j) That the Board of Com City of Provo City there were cast eral obligation bonds of the city; 2. Additional bonds may also such audit will be available for missioners will by resolution to pal shall not affect the negotiability system of said city has been Fund, including the Reserve Fund for su candidates a total of u.zuj and be adopted before any of the . be issued on a naritv with tha the coupons thereto attached pledged and will be set aside into therein, shall be made in monthly Inspection by the holders of any votes, and if has been determined WHEREAS, the revenues to be of on the first day of bonds herein authorized if all of the bonds. Each such audit, bonds are issued apolnt a man and said coupon shall continue to a special fund by said city suf Installments by the Board of Commissioners derived by the city from the opera- be transferable in addition to whatever matters ficient for the prompt payment of each month, except that when the ager for the system who shall -- of the following conditions are by delivery. that the initiative petition for the tion of its sewer system have not serve at the pleasure of the met: may be thought proper by the the principal of and Interest on first day of any month shall be a above entitled ordinance is signed been pledged or hypothecated in Section S. That said bonds and Board of Commissioners accountant to be included there and the endorsement to1 this bond and the issue of which Sunday or a legal holiday, then lai im net revenues or by 1,462 legal voters qualified to any manner or for any purpose; coupons,onand shall act as general manager the system must in each of the back thereof, shall it forms a part, and that the rev such payment shall be made on in, shall include the following: appear ilgh.ssld petition, and tnai said NOW, THEREFORE, Be It and be 1. 'A statement in, detail of of the system.' The manager the three completed fiscal In substantially the following enues of said plant and system the preceding secular day. Such by the petition contains the number of It Is Hereby Ordained shall either serve ss collector the Income and expenditures form: have not been pledged hypothe- Sinking Fund shall be used solely years Immediately precedqualified signers required by Chap- Board of Commissioners of Provo UNITED STATES of the revenues of the system or of the system for such fisOF AMERICA cated or anticipated in any way and only, and is hereby pledged ing the Issuance of the adter 11 of Title 20 of the Utah Code City, Utah County, Utah, as folditional bonds have been cal year. may employ a collector, but the STATE OF UTAH other than by the issuance of the for the purpose of paying the in lows: Annotated, 1953; and 2. A balance sheet ss of series of bonds of which this bond terest and redemption premiums COUNTY OF UTAH manager shall in any event be equal to one and Section 1. That for the purpose WHEREAS said Initiative peti on and principal of the bonds here the end of such fiscal year. times .the highest combined PROVO CITY is one. responsible for the prompt and tlon has been in all. other respects of defraying part of the cost of 3. The acountant's cominterest and principal reIN TESTIMONY WHEREOF, in authorized to be issued. If at aggressive collection of all fees SEWER REVENUE BOND carefully examined and has been constructing improvements and exment regarding the manner and charges due for the services quirements for any succeed$1,000 Provo City, Utah, has caused this any time there be a failure to pay found by the Board of Commission tensions to the sewer system of No..., In which the city has carsaid Sinking Fund, including supplied by the system and It ing twelve months' period ers to be full and complete, and the city, including a sewage treat- Provo City. In the County of bond to be signed by its Mayor Into Reserve on all bonds then outstandshall be his duty to cause to be Fund there, In the full ried out the requirements to comply in all respects with the ment and disposal plant, and to Utah and State of Utah, for value and countersigned by its City Re- the of this ordinance, and the filed appropriate suits and to ing and the bonds so prohereby promises to pay corder under the corporate seal of amounts required to be paid thererequirements of said Chapter u; defray proper engineering, legal received take all legally available action accountant's recommends- posed to be issued. "Net and fiscal and other eoats inci- to the bearer, or if this bond be said city, and has caused the in- into, then an amount equlvalenfto and for the enforcement of all liens tion for any change or imrevenues" for the purpose WHEREAS the ordinance set dental to such improvements and registered as to principal then to terest coupons hereto attached to such deficiency shall be paid Into of this paragraph shall be securing sewer charges which provement in the operation out in said petition has been adopt extensions and to the authoriza the registered holder hereof, out be executed by the facsimile signa- said Sinking Fund from the first understood to refer to the are six months delinquent. The of the system. fund herelnbelow tures of said officers, all as of revenues thereafter available for ed by the Board of commission-er- a tion and Issuance of the bonds, of the special not 4. A list of the insurance such payment, and in addition to gross revenues of the syscity will use all legal means to ojherwrlse, the this first day of July, 1953. luhtect to aoDroval of the there are hereby authorized to be designated and tem after there have been enforce the prompt payment of the amount otherwise required to policies in force at the end qualified electors of the City of issued Sewer Revenue Bonds of the sum of One Thousand Dollars deducted therefrom the of the fiscal year, setting be so 'set span and paid into said all sewer bills rendered, to the ($1,000) on the first day of July, Provo City, and it is desired to city in the principal amount of out as to each policy, the consumer connected with the and necessary exwith interest thereon at the binning Fund. Mayor which bonds shall be payrail a special election at which amount of the policy, the . system, and agrees that, except The revenues of the system re and penses of operating per Countersigned: the question of the adoption of able from the revenues hereinafter rate of risks covered, the name of ) cent ( only if and to the extent that maintaining the system. maining in each year after all pay per annum from said ordinance may be referred specified. resuch action may be shown to ments hereinabove required to be the Insurer and the expira(b) The payments to the electors of the City of Provo The complete sewer plant and date hereof until paid, which inviolate contract rights vested tion date of the policy. made have been made shall be de quired to be made into the on is payable City Recorder system of the city serving the city terest City qualified to vote thereon; ' various funds provided in lh the, holders of the city's out-. 5. The number of sewer posited in a "Renewal and Re NOW, THEREFORE. Be Itand and its inhabitants and the Inhab- the first days of January and July (SEAL) Section 8 hereof must be connections at the end of to and Including (Form of Coupon) Standing water revenue bonds, placement Fund," hereby created, It Is Hereby Ordained by the itants of the territory adjacent oftheeach year and, water service will be disconcurrent. the year. until such time as there shall be $ maturity date hereof, Is pay- No... Board of Commissioners of the thereto lying both within and with In ssid fund the sum of $50,000. All expenses Incurred in the tinued to any consumer who (c) There must be sufOn the first day of City of Provo City, Utah County, out the boundaries of the city, in- able only upon presentation of the ficient money in the Sinking shall become delinquent for making of the audits required by Utah, as follows: cluding all Improvements, exten- appropriate interest coupons here- 19....... unless the hereinafter Thereafter the payments Into the this more than 60 days in the paysection shall be regarded and Fund, Including the Reserve 8etto 1. Tbst there shsli he sions and dditions thereto which to attached. Both principal hereof mentionesd bond is then callable Renewal and Replacement Fund Fund therein, to pay all ' ment of sewer charges. The held in said city on the 28th day may be made while any' of the and Interest - hereon are- - payable for redemption and shall have been need noLbe made exept that If at paid as a maintenance sand operato , and interest on tion amount principal manager-shall- -b in the xpenserThectty-a2Teesaid fund in time to United the of any required lawful so remain money Provo bonds herein authorized hours between of July, 1953, the City, properly called, the outstanding bonds which made furnish a copy of each auch supply a fidelity bond In the Ar atght outstanding. IBd including all prop- State of America at Harris Trust Utah County, Utah, will pay to by reason of expenditures of ' become due during the ' amount of not less than $5,000.00 Sa virigi Bfiflkr Chicago. Jllinois bearer Dollars tnererrom. snail nave been re- - audit to the holder of any of the o'clock P. M. a special election erty, real, personal and mixed, of j..,AJ, x to assure the faithful carrying twelve months' period next " " at bonds, his the close ute gftej; request in pay the manner at which there shall be submitted every nature now or hereafter This bond is Issued by 'Provo ahdronea ......) oUr of Bir aaxiei amr tirr prompt to the legal voters of said city the owned by the city and used in the City pursuant to ordinance duly out of the fund prescribed in said ments snail oe resumed until sucn of each fiscal year, and that "any . the additional bonds. such holder shall have the right and diligent enforcement, col question of the approval of the operation of its sewer properties enacted and pursuant to authoriza- bond, and not otherwise, in law- time as said fund shall have been to discuss with (d) The additional bonds lection and application .of all the accountant ordinance described In the. pre- are hereinafter in this ordinance tion duly granted by a .majority of ful money of the United States of restored to its full amount of must be payable as to prinfees and charges due for service sometimes referred to collectively the qualified taxpaylng electors of America, at Harris. Trust ft Sav- $50,000. Money In said fund shall making the audit tbe contents of amble hereto. cipal on July 1 of each year said city voting at an election duly ings Bank, Chicago, Illinois, for be used for the making of such Im the audit and to ask for such add! supplied by the system Section 2. That all electors of.as "the system. in which principal falls due (k) That the city will bill and Section 2. That Said bonds shall called and held In said city on interest to that amount due that provements and extension to the tional Information as he may reathe City of Provo City qualified and payable as to interest collect on the same bill for all day of to vote on said proposition under bt dated July 1, 1953, shall be !n the day on Its Sewer Revenue Bond, system as may be recommended sonably require. on January 1 and July 1 of water and sewer service sup (d) That all charges made by the provisions of the constitution the denomination of $1,000 each, 1953, for the purpose of defraying dated July 1, 1953, and num- by the consulting engineers for each year. the paying agent bank shall be whom plied by the city's water system provision Is hereinafter of Utah and Title 20 of the Utah ahall be numbered 1 to 1,200, both part of the cost of Constructing bered (c) The proceeds of the and sewer system, and the inV. Code Annotated, 1953. shall be Inclusive, and shall mature serial- extensions and improvements to paid by the city. made, and shall be held in a sep additional bonds must be itial schedule of rstes for serv .That holder hold or the (e) of account in arate State the the Bank sewer owned 1 of on in municipally numerical vote plant order election to at said ly July permitted used solely for the making ers of twenty-fiv- e ice supplied by tbe system, per cent (25 ) and system, in full conformity witfr Provo, In Provo, Utah and all sucn Mavor Section 3. That the polls shall each year as follows: of Improvements, In aggregate principal amount which schedule shall be subject extenBond Numbers the Constitution and Laws of the ouintersigned: deposits shall be made and se Year be opened in every regular? estab- Amount to such increase and revision sions, renewsls, replaceof bonds Issued hereunder at State of Utah. Both principal of 1 to 5 cured as proviaea Dy me pertinent 1955 lished precinct of said city on the $ 5.000 or ments be to to time from time as may ' the laws of the State of Utah, or sbaU any time outstanding shall have repairs 6 to 15 and interest on this bond and the 1956 day of said election, which pre- 10,000 system. the right at all reasonable times necessary to carry out the probe in the discretion of the Board issue of which it Is a part are payf?ttv Rernrdpr 1957 16 to 30 cincts, voting places, and the elec 15.000 12. Section That shall the te of this visions ordinance, inspect the system and all Commissioners be Invested In able solely from a special fund (Form of Auditors Certificate) proceeds of 31 to 45 1958 tion officials to serve in each pre 15.000 be prescribed by ordinance to the sale of the bonds herein aurecords, accounts and data' of 46 to 65 designated "Provo 1959 20.000 City Sewer ,the V"1 cinct, are as follows: I. the undersigned duly qualified shall thorized to be issuance be the the city relating thereto, and placed in a fund or State of adopted prior 66 to 85 Revenue Bond Sinking Fund," into and I960 20.000 WARD FIRST .MUNICIPAL acting Auditor of Provo City, Utah or the of the bonds snd shall prescribe separate and apart from all other that the city will upon request 1961 86 to 110 which fund are to be placed a suf Utah County, Utah, corporamunicipal, Precint Numbers 1. 2. 3. 13, 14, 25,000 do hereby rates satisfactory to the pur city funds and shall be paid out furnish to any holder or holders counties and the school dls- 111 to 135 ficient part of the net revenues de 1962 Provost 25,000 41. 42. Voting Place certify that the within bond tsi tions, financial statements snd other chaser of the bonds such rates solely for the purposes for which 136 to 165 rived and to be derived from the 1963 30,000 School, 629 South 10th East. Elecshall be sufficient at all times said bonds are herein iiithorit.rt information relating to the city hereinabove all er payments 166 to 195 operation of said sewer plant and Provo 1964 Ml tion Officials Minnie R. Farrer. 30.000 City, Utah, and is issued to provide a net amount avail- in such manner as shall be actbe and as such all into Sinkto described be holder the as made 230 more system to 196 1965 required" Giles Van 35,000 system, fully Edna Rayola Wagenen, according to law. able for the payment of princi- ceptable to the Mayor of the city or holders may from time to 231 to 265 and 1966 Hickman. provided in the ordinance 35,000 WITNESS my official signature ing Fund, including the Reserve and interest on the bonds and to the original purchasers of time reasonably require. Renewal "and Fund pal the therein, 1967 266 to 305 voted by the electors of. said city this 40.000 SECOND MUNICIPAL WARD day of and herein authorized equal to at the bonds. (f) That the city in its operaFund, and at 306 to 345 on the 1968 Replacement Precinct Numbers 15, 18, 17. IS. 40,000 Jday of 1953. Section 13. That the aetinn F least 1H times the annual printion of the system will carry 346 to 390 1953, for the purpose of authoriz1969 any time when all of sajd funds Franklin 45.000 19. 20. Voting Place cipal and Interest requirements. the Board of Commissioners in are In their full minimum amount insurance, including property 391 to 435 ing this bond and the issue of 1970 School. 683 West 3rd South. Elec 45,000 Seetloa II. That It Is hereby ex calling an election for the purpose damage and public liability In 1971 436 to 485 which it is a part. unlus net "venues of the tion Officials Dorothy C. Jackson, 50.000 City RecordeV'an'd'exf'icio ,nv, sucn smounts and pressly provided that it shall be of submitting to the qualified in 486 to 540 1972 surance, 55.000 Bonds numbered 111 to 1200. ln- Myrl Peay, Hope Peay. Auditor voters of Provo Cirv tha to such extent as Is normally unlawful for the owner or other 541 to 595 elusive, of the issue of which this 1973 55.000 THIRD MUNICIPAL WARD (Korm of Registration Certificate) through purchase or redemption carried by private corporations person having charge of or occupy question of the Issuance of the 596 to 655 bond is one, maturing on and after 1974 any of the bonds issued hereunder Precinct Numbers 21. 22, 23, 26. 60.000 ' Stsnatura operating public utilities of the ing any property upon which a bonds herein authorized is hereby Whenever the amount in the 656 to 720 July 1. 1962. are callable for re- 1975 . Hn Wno 27, 28, 29. 30, 31, 32. 33. 34. Voting 65,000 -- ,i of City Sinking Fund Is .: uaie or I n same type. "The" cost of such in- building shall have been or Is being pproveo, raunea ana confirmed. ,i to the entire 721 to 785 j 1976 Hii Place Dixon Junior High School. 65.000 equal " Recorder ,Heiiiiration Keautered Section 14. That the provlilons surance shall be considered one constructed for residential, comamount of the interest and princi1977 70.000 750 West 2nd North. Election of789 to 855 wiy, in wnoir, or in pan, f in inof the operating costs of the mercial or Industrial use, sny part of this ordinsnce shall constitute a will become due on all of 925 verse numerical order, on July 1. 1978 856 to that 70,000 pal Katie J. Livingston, ficialsMary the bonds issued hereunder then system. In the1 event of loss or of which building is within two contract between Provo City and 1979 926 to 1000 1961 and on any Interest payment P. Mitchell, Martam Flygare. 75,000 insurance proceeds hundred feet of sny street, alley the bolder or holders of the bonds 1001 to 1080 date thereafter. Any bond so called damage, 1980 FOURTH MUNICIPAL WARD 80,000 outstanding, no further payments shsli be used, first for the pur- or way In which a public sewer herein authorized to be issued, 1061 to llRSifof need be made Into said Sinking 1981 Prec'nct Numbers 4, 7, 10, 11, 24, '85.000 redemption shall be redeem-116- 6 pose of restoring or replacing Is then In existence and used In and that after the issuance of any 1982 to 1200 able at the principal amount there- 25. Voting Fund, unless necessary to replace Place Community 35.000 the property lost or damaged, the city, to construct or permit to of such bonds no change, variation, fhe bonds are to bear Interest at of and accrued Interest to the date money lost or diverted. All ac Church. 175 North University. Elecand any remainder shall be paid be constructed or to use or permit or alteration Of any kind In the crued Interest received from the tion Officials Ruth J. Christensen, such rate or rates not In excess of fixed for redemption plus a pre-- 4 provisions of this ordinance shall Edith Powell. Lillian K. Norton. purchaser of the bonds at the time ., into the Sinking Fund, and shall to be used any privy vault, septic per annum and are to be paldmium for each' bond so redeemed be subject to distribution In the tank er cesspool connected with be made In any manner except as MUNICIPAL WARD FIFTH for by tne purchasers st sucn price; prior xo mammy equivalent to one Section 6. That the bonds herein of delivery thereof together with same msnner as are other such building. Each such owner or herein provided until auch time Precinct Numbers 5. , S. 9. 12, or prices as may be fixed by reso- - year's interest on such bond com-- j authorized may be sold either at:$20.000 representing the amount of other person shall within thirty as all of tbe bonds Issued heremoneys In said fund. at the interest rate borne one time or from ume to time in interest estimated to accrue our lution by the Board of Commls-lpute35, 36. 37. 38, 39, 40. Voting Place-Joa(g) That tbe City will not sell, days after having beea given under snd interest due thereon School, 550 North 6th East slonera of said city to be adopted, by the bond in the six months such manner ana at sucn prices lng the construction of tne lm lease, mortgage or In any man- notice by the city that aa accepted hsve been paid in full. Officials Maurine Bry-ne-r, prior to the delivery of the bonds period Immediately preceding the consistent with tbe requirements provements and extensions to the Election ner dispose of the system or any nubile sewer Is ready to receive Seetiea 15. That Jf any lectin Edna T. Harrison, Thelma W. which will result in an actual net date so fixed for redemption. Of Section I above as may be fixed system shall be paid Into said Sinksubstantial part thereof, includ connections therewith cause such paragraph, clause or provision of interest cost to the city averaging Notice of redemption Is to be giventby resolution or resolutions to bejind Fund. Trampton. ing any and all extensions and building to be connected with said! this ordinance shall be held to be Section 4. That the registration not more than per annum.; not less than thirty days prior to adopted by tbe Board of Commls- - All money held in said Sinking additions that may be made sewer (except that If such build invalid or unenforceable for any Fund; Including tbe Reserve Fund agents for the several election dis Such Interest shall be payable the date tixed for redemption by sioners oi trovo wry. thereto, until all the bonds here ing shall not st the time such: reason, the invalidity or unenon January 1 aodlregistered mail to the bolder of- Seetloa T. That notwithstanding and including an amount sufficient tricts of said city shall, between the in authorized to be Issued shall notice is given hsve therein snyi forceability , of such section, oar. y 1 of each year until the each bond called for redemption anything In this ordinance else-- ; to pay the bank collection charges hours of eight o'clock A.M. and nine have been paid In full, both prin- - toilet or toilets, the owner or ethsr graphy, clause or provision shall o'clock P. M. on the first, third navment of nrlnrioal. with interest which is registered as to Principal where contained, the principal of for the oayment of principal and cipal and Interest, except that person having charge thereof or not affect any of the remaining and fourth Tuesdays ImmediatelyjfaUing due on and prior to maturity on the books of the City Recorder.land interest on said bonds shall interest, shall be deposited in the the eltv ma iell anv nnrtion orcuDvintf Such bulldinST Shall nave, yivTiiiuui m inn, ordinance. pay- preceding said election, receive to be represented by appropriate 'If any bond so called for red em p- - oe payable oniy outto ot ine net bank, hereinabove named as Seetiea 16. That aU ordinances, of said property which shall! a period of two years In which to be derived ing agent for the bonds, and aft fut reeliter the names of all oer-- Interest rouDoni to be attached to tion is not at the time registered revenue derived and .have been reolaeed hr other connect ft with such public sewer resolutions and orders, or urti sons applying for registration who'the bonds. If the bonds are soldjas to principal, at least thlrtVfrom the system, snd In no event such deposits shall be made and property of at least equal value, and It shall thereafter be unlawful, thereof In conflict with the pro-as provided by the pertl- are legally quaniiea ana eniuiea in sucn manner inai interest oue.aays notice ot mienaea rraemp-t- o shall said bonds or the Interest which shall cease to be nc-- for such owner er other person tojvisions of this ordinance are, to vote at such election or who will on each bond on one or more In- tion thereof Is to be given by re b Is- cniing thereon be, deemed or eon- - nent laws of the state of Ulan. The essary for the efficient opera-- 1 have tbe plumbing in such Pulia- the extent of such conflict xherehv mail to the bank at which strued to be a general Indebted-- ' money in said Sinking Fund shall le gaily have acquired a residence terest payment dates Is to be repealed. tion of the system, provided lng remain unconnected to the V ihIn otherwise Qualified), and resented bv two coudods to be at- - the bonds are eavable and by oub- - ness of said city or payable from be held by said bank as a trust C. W. LOVE that in the event of .He sewer or to maintain er use er wbo will have a right to vote attached to the bonds, the bonds lie a tion of an appropriate noticeany funds of said city other than fund and the beneficial interest ' to exist or sale Mayor ss privy the sny foresaid, any permit said election according to tbe pro-- shall be so prepared, and In that one time in a newspaper published those derived from the operation therein ahall be in the holders reeds of such sale shall be paid; vault, septic tank or cesspool to ATTEST: of said system. from time to time of the bonds, visions of tbe law under which said event the coupons may be desig- - in Salt Lake City. Utah A. M. SVELGROVE connected is which said and dis .the Into building and after! 8erUo f. That Prove City here Sinking Fund, election is to be held, and each nated "A" and "B" and either Tbe city has covenanted and Seetloa t. That from City Recorder tributed as are ether moneys in or which fs'ased by tbe occupant Issued by covenants and agrees with each registration agent shall give the coupon shall be payable upon agreed and does hereby covenant. the delivery of any bends thereof. Whenever an accepted (SEAL) said fund: v and. every holder of the bonds isnotice of registration required by presentstlon apart from the other.jand agree that It will fix such ratesjunder the provisions of this CERTIFICATION (hi That In the event of de public sewer is available to re sued hereunder: will collect'nance the system shalT be sewer service-an- d numbered 111 to 1200. the general election laws, includL A. M. Snelgrove. the ii1e fault on the part of the city in ceive connections therewith, the the bonds au- while on- - and after and account for the revenues foisted on the basis of a fiscal yeari .That Code (a Utah of the maturing Section ing (CeaUaaeel em Kext Fags) Utorued herein or any of them yicg principal of or Interest manager of the system ahall causa July L 1962 ahall be callable lor be received for such service that corresponding to the calendar year. ; Annotated, 1953. SUNDAY HERALD '"' Legal Notices above-mention- - . , . . t - -- - . one-ha- lf le - semi-annual- ly , seifea-o'eloeh- Mani i ' r.t"I'io.n'.' . -- " rm I d quin 4. seim-anmiall- y 'on-Jul- or -j rep-Jter- er, pro-ean- se ordi-Bon- oper-clusiv-e, V " |