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Show remain outstanding and unpaid, on the bonds herein authorized !atrronr!att notice) to ba served-, the option of Provo the net revenues so received will be and the Income and revenue of the the owner, agent or other perbe set aside into a the rates for all sewer services promptly as each falls due, or lupon City, in whole, or in part In In- - sufficient promptly to pay the prin system shall in the keeping of any covenant on havini charce of or occupying supplied by the system to said verse numerical order, on July 1, cipal of and Interest on this bond separate and special fund and SUNDAY, JULY 19. 1953 herein contained; and if tuchlaU property coming within the 1961 or an any interest payment and the issue of which it forms a shall be used first in maintaining city and to its inhabitants, and Utah County, HUB revAll the withto or within all consumers and to called becomes as so due. and default shall continue for a scope oi tins paragrapn, mat bond each system. thereafter. operating part, Any date to receive out the boundaries of aald city, for redemption shall be redeem- - make all payments required to be enuee of the system not actually period of sixty days, the cltyublic sewer is readyand that all therewith the connections reason-Prov- o of e for a the be reasonable for will uiero-notlcshall used and Into made the payment we Just, manager appoint amount at election principal notice, Whlcn sue following system, which manager shall plumbing must --bo connected with taking into account and con City Sewer Revenue Bond 'able and proper expenses of oper- shall also be published once of and accrued Interest to the date sideration the cost and value of have full control over the syv such sewer. ' atlng and maintaining tne system a week for not less than four eon- - fixed for redemption plus a pre-....- Slnklng Fund. Probata and tem and shall operate tht sys- - Section 1L That the bonds a lithe system and the cost of maintu.oki in Th Sundiv Her- - mlum for each bond ao redeemed This bond may be registered as are hereinafter referred to aa the Revenues." and such net tem for Provo City, and shall thorized to be Issued hereunder Guardian3hip Notices taining and operating the aid a newspaper published and 'prior to maturity equivalent to one- to principal in the name of the "Net oe snau usea neces to comrevenues and nrst and on on bond the books of enforce such reasonable rates and from time to time outstanding the interest holder tem, such pay proper the City or circulation la year's tht enjoying a general Consult County Clerk of and Interest on and charges as will be sufficient shall not be entitled to any priority sary allowances for the deprecl puted at the interest rate borne by Recorder of Provo City, in the the principal the Respective Signer! (or Further the Cltv of Provo City .' atlon thereof and the amounts for reserve the make the payments required1 one over tht other in the applies-b- y and to in office bond six of the months such the provide regisRecorder, the period ELECTION NOTICE ., In'roiatlon authorized. of herein so bonds to the be retirement this ordinance, and shall InLtion of the revenues of the system, for back the noted ELECon date tration the necessary Immediately preceding TO ALL QUALIFIED inis be re- hereof by the Recorder, after which and shall there here the all and all Notice of to operate the system regardless of the time or times There for fixed PRObonds, things redemption. accruing OF THE CITY TORS OF the in and shall be such on there terest bonds as as less created to no not shall all valid be hereof be ORDINANCE NUMBER 81 transfer shall may by fully demption given comply with all of of their issuance, it being UTAH: VO CITY, of the Board of Commls-o- f for until bonds of all the maintained and tention there on be and the to the unless ORDINANCE issued 28th date snd books provisions said hereunder, AN providing than made requirements thirty tht prior days on that notice Take iN elec-this ordinance. The right of sioners that there shall be no shall be charged against all fixed for redemption by registered similarly noted on the back here herein authorized have been fully Othe holding of a special day of July, 1953, an election thereincludwith users of holder or holders of the priority among? the bonds author- Interest to sewer the bond the of this be dis holder bond mall each but of service, together of, paid in tlon in tht City of Provo City, held may City the will be to fund herein authorized to re- ized to bt Issued pursuant to this known as be such on snd bonds a rates to from said it ss ing which special city, the registrationby registered principal at charged Utah, for the purpoie of Utah, places Provo City, to Revenue amounts the books meet the hewer the to to the qualified electors on of "Provo orditransferred the Recorder. tht after City appointment of such ordinance regardless of the fact adequate quire City being bearer, the in out set following of this and the shall not be exclusive, that they may be actually issued bond so called for redemp- which it shall be transferable by Bond Sinking Fund" (hereinafter of If thereof the question of adoptmanager requirements any for the and nance, purpoie in the event of default as and delivered at different times. not at the time registered delivery, but may again be regis sometimes referred to aa "Sinking sections hereof snd and It tion 'preceding to the .qualified ing en Initiative ordinance prosubmitting ' herein sufficient to provide net rev as to principal, at least thirty days tered as before. The registration Fund") into which there shall be outlined, such holder or It is hereby expressly agreed and viding for the construction of voters of said city the ques- enues available and applicable holders shall have the right to covenanted that Provo City will notice of the intended redemption of this bond ss to principal shall set aside and paid on the first day and improvements extension tions set out in an ordinance to the payment of the principal 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 to the municipally owned fewer ' adopted by tht Board of Comau1953 such portion of the net herein and of and bonds Interest Jhe the delivat ber which 1, bank tered malkto hereto 1953, attached quire the performance of the obligations payable from the revcity, on by coupons 16th, June missioners jyitemjft;iald covenants herein contained in enues of the system, Or any part authorized in an amount at the issuance of -- which ordinance Is as follows! the bonds are payable and by pub ery merely. Each and every suc- revenues as shall be fully suf thorizing lication of an appropriate notice cessive holder of this bond during ficient to pay 16 of the interest . least equal to ltt times the an any action which to them shall thereof, until all bonds herein au NO. 60 31,200,000 Sewer Revenue thorized have been paid in full, one time in a newspaper published such time ss it is payable to bear- falling due in the succeeding six nual principal, and interest re leem "appropriates Bonds for the purpose of deAN ORDINANCE providing (i) That the Board of Com- - unless such additional bonds are all of in Salt Lake City, Utah.' er and such holder of each of the months period and 112 of the prin quirements 1 thereon, fraying part of the cost of the for Ithe construction of extenmissloners of said city will by issued in such manner that they which revenues, including those Section J. That said bonds shall coupons hereto attached are con cipal amount of bonds falling due construction of such improvesions and improvements to the , twelve months the city, shall be resolution to be adopted before are in all respects subordinate to to in received from as be to in the and succeeding aewer and ments and extensions. payable sysowned principal clusively presumed forego municipally terest in ' 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. subject to distribution to the wnrnr.A!) there has this day tem of Provo City, Utah, auan engineer or a firm of The prpvisions of the foregoing amount sufficient to provide the the cost of operat of of United States of America at Har favor of subsequent point for payment Board for the and the holders, to providing thorizing been presented ris Trust & Savings Bank, Chicago, value without notice, and to agree amounts hereinafter required to be ing and maintaining the sys engineers acceptable to the pur paragraph are subject to the foIssuance of $1,200,000 Sewer Commissioners an initiative petichasers of the bonds which en- llowing two exceptions: tem, and the payment of prinIllinois, and shall be signed by the that this bond while so psyable to made into the Reserve Fund. tion requesting that the Board of Revenue. Bonds of Provo City, 1. If at any time after the There is hereby created as a cipal of and Interest on the Mayor of the city and shall .be bearer, and each of the coupons gineer or firm of engineers shall Utah, for the purpose of deCommissioners enner auav bonds herein authorized, or any bonds herein authorized as serve as consulting engineer to countersigned by the City Record- hereto attached may be negotiated part of said Sinking Fund a fund ordinance therein set out or subfraying part of the cost of the hereinbefore provided. the city In the operation of the part thereof, shall have been er, and shall have the corporate by delivery by any person havlns to be known as the "Reserve mit such ordinance to the vote of construction of such extensions No future improv(b) That the city will mainof said city Impressed there- possession thereof, howsoever such Fund" into which there shall be Issued, the Board of Commisseal system. oi prescribmw.v and eieciors Improvements: the qualified ements or extensions to the sys sioners shall find it desirable tain the systeifl in good condion. Interest coupons to be at- possession may have been a c- - paid in eacn momn a sum equal of Provo City for adoption, said ing the form and other details to refund said bonds, said bonds, tion and operate the same in an the tem shall be tached to said bonds shall be ex- quired, and that any holder who to 50 of the amount required to of said bonds; providing for ordlnance"being entiled: or any part thereof, may be reefficient manner and at reasonabluse of the revenues of the sys ecuted with the facsimile signa- shall have taken this bond or" any be paid into the Sinking Fund in ; (providing for-t- he thereof for sale the ORDINANCE providing AN e-cost; funded (but only with the contem unless the consulting en tures of said Mayor and Recorder, of the coupons from any person for such month for the payment of collection and disposition the construction of extensions sent of the holders thereof, unwhich officials by the execution of value and without notice, thereby current principal and Interest un(c) That so long as any of the approves the making of mugineer revenues of of said the the to utility; and improvements less the bonds have matured or bonds remain outstanding, propsuch Improvements and exten said bonds shall adopt as and for has equlred absolute title thereto, der the last preceding sentence with other sewer provisions system owned making nicipally are then callable for redempbooks of record and account er own proper signatures their free from any defenses enforceable hereof. Sheh additional 50 sions and certifies that in his their of said pay the to authorizrespect operation Utah, of Provo City. tion and have been properly so will be kept by the city, sepor its opinion the operation of shall be continued until facsimile of Said ap- against any prior holder and free ments issurespective tht and signatures Issuance the for utility ing and providing arate 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 pearing on said coupons. bonds, and providing for the ance of $1,200,000 Sewer Revso .issued shall enjoy complete records and accounts, showing Section 4. That upon presenta- ownership of any such prior hold- serve Fund the sum of 8150,000. sions will result in Increased net payment of said bonds. enue Bonds of Provo City, such monthly payrevenues sufficient to amortize equality of lien with the portion defrcomplete and correct entries of now owns tion at 'the office of the City Re- er. Provo City and its officials and Thereafter, of Provo WHEREAS, City the for purpose Utah, of said bonds which is not recost thereof within a period all transactions relating to the corder of Provo City, the holder the bank at which! aald bonds are ments Into the Reserve Fund need the Its of the cost for system sewer and of the operates aying-part funded, if any there be, and the of thirty years. Successors to system, and that the holders of the purpose of supplying sewer of any such bond may have such payable shall not be affected by not be made except that if at any construction of such extensions holders of the refunding bonds time the amount in the Reserve the consulting engineer origin any of the bonds, or any duly service to the city and us lnnaDi- - bond registered as to principal in any notice to the contrary. and improvements; prescribshall be subrogated to all of the auhorlzed agent or agents of selected may be appointed It is hereby certified, recited Fund, by reason of expenditures ally the inhabitants of the his name on the "books of the Re details tants and and other form the ing such holders, shall have the corder to be kept for that purpose and declared that all acts, Cond- made therefrom, shall have been by the Board of Commissioners rights and privileges enjoyed territory adjacent, thereto; and of said bonds; providing for from time to time, but such apby the holders of the bond reright at all. reasonable times to WHEREAS, it is now necessary in his office, which registration itions and things required to exist, reduced to less than 3150,000, the tbs sale thereof; providing for funded thereby. The refunding accounts payments shall be resumed Inspect all records, pointment shall always be suband imperative to construct exten- shall be noted on the reverse side happen and be performed prece- 50 the collection and disposition bonds shall be Issued with such and data relating thereto and to 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" such time as the Reserve of the revenues of said utility; details as the Board of Commisthe holders of a majority In thereafter the principal of any bond have existed, h.ve happened Fund shall have been resetored to Inspect the system and all proptreatwith a sewage including system, other provisions making sioners may by resolution pro 'amount of the bonds bond so registered shall be pay- and bave been performed in due its full amount of 8150,000. Money erties said principal system. comprising said and ment and of to disposal the plant; operation respect The city further agrees that It vide, provided only that If only herein authorized which may be of said It la estimsted that able only to the registered bolder, time, form and manner as re- - In the Reserve Fund shall be used WHEREAS, Issuance the and utility a part of the outstanding bonds will within sixty days following then outstanding, executed and his legal representatives or as- quired by law, and that the amount for the payment of principal or imand such of cost the extensions for the and providing bonds, . is refunde'd, the interest rate of filed in the manner hereinabove IJ I the close of each fiscal year may of this bond, together with the Interest falling due at any time as provements to said system will be signs. Any bond cause an audit of such books other registered issue of which it forms a part. to which there would otherwise be provided for the execution and " the refunded bonds may not be $1,750,000. of whtctrcosr $1,200,000 be transferred-tand and when not needed increased, and no refuqding and accounts to be made by an filing of instruments rescinding 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, bond may mature at a date Re- scribed by the Constitution the Board of Commissioners' seor for thfs purpose may be Invested independent firm of certified tained by the Board of Commis- Sewer Revenue Bonds for which upon presentation to the City for the earlier than the maturity date lection of corder with a legal assignment Statutes of the State of Utah, that in-- , direct obligations of the United public acountants, showing the sioners that at the last preceding provision It hereinafter made and of any of 4he bonds not reSinking Fund; Reg- an amount of the revenues to be States of America. receipts and disbursements for election for governor held in the $550,000 by the lssurance of gen- duly acknowledged or proved. " funded. account of the system, and that Such payments into said Sinking (J) That the Board of Comof the city; istration of any bond as to princi- derived from the sewer plant and cast were bonds eral there of obligation, Provo City City " 2. Additional bonds may also missioners will by resolution to such audit will be available for pal shall not affect the negotiability system of said city has been Fund, including the Reserve Fund , lor all candidates a total of 12,20 and . be Issued on a parity with the of the be adopted before any of the inspection by the holders of any pledged and will be set aside into therein, shall be made in monthly votes, and it has been determined WHEREAS, the revenues to be and saidcoupons thereto attached bonds herein authorized If all bonds are issued apoint a of the bonds.; Each such audit. coupon shall continue to a special fund by said city suf- installments on the first day of by the Board of Commissioners derived by tht city from tht operat- be transferable of the following conditions "are for the system who shall in addition to whatever matters ficient for the prompt payment of each month, except that when the delivery. that the initiative petition for the ion of its sewer system have not Section S. Thatbyaald ' met: serve at the pleasure of the bonds and the principal of and interest on first day of any month shall be a may be thought proper by the above entitled ordinance is signed been pledged or hypothecated in (a) The net revenues of Board of Commissioners and accountant to be Included there and the' endorsement to this bond and the issue of which Sunday or a legal holiday, then to coupons,' or manner voters for purpose; any any qualified 1.462 legal by the system must in each of shall act as general manager in, shall Include the following that said NOW. THEREFORE. Be It and appear on the back thereof, shall It forms a part, and that the rev- such payment shall be made on aim ild netltlon. and the three completed fiscal ' number 1. A statement in detail of of the system. The manager be in substantially the following enues of said plant and system the preceding secular day. Such of Ordained It Is by .the the contains Hereby petition form: shall either serve as collector years immediately precedhave not been pledged hypothe- Sinking Fund shall be used solely . the income and expenditures quslified signers required by Chap Board of Commiasloners of Provo UNITED STATES OF AMERICA cated or of the revenues of the system or of the system for such fis--, ing the issuance of the adanticipated in any way and only, and la hereby pledged County, Utah, as fol ter 11 of Title m oi me wiao -- ou City, Utah ditional bonds have been STATE OF UTAH cal year. other than by the Issuance of the for the purpose of paying the inmay employ a collector, but the lows: Annotated. 1953; and balance sheet as of COUNTY OF UTAH series of bonds of which this bond terest and redemption premiums manager shall in any event be - equal to one and Section 1. That for tht purpose -- - WHEREAS said initiative peti est times combined on and principal of the bonds herePROVO CITY the end of such fiscal year. is one. responsible for theprompt and tion has been in all other respects of defraying part of tht cost of Interest and principal re3. The acountant's comIN TESTIMONY WHEREOF. in authorized to be issued. If at SEWER REVENUE BOND aggressive collection of all fees carefully examined and has been constructing improvements and ex No and charges due for the services ment regarding the manner quirements for any succeedi81.000 Provo City, Utah, has caused this any time there be a failure to pay found by the Board 6f Commission tensions to the newer system of Provo ng twelve months' period in Which the city has carin the County of bond to be signed by its Mayor into said Sinking Fund, including supplied by the system and it ers to be full ana complete, ana the city, Including a ewage treat- Utah and City, oi. all bonds then outstandishall be his duty to cause to be ried out the requirements and countersigned by its City Re- the Reserve Fund therein the full to comply in all respects with the ment and dlspoaal plant, and to received State of Utah, fortovalue corder ng and the bonds so profiled appropriate suits and to of this ordinance, and the under the corporate seal of amounts required to be paid therepay legal to tht herebyor promises requirements of said Chapter 11; defray proper engineering, take all legally available action posed to be issued. "Net accountant's recommendaif this bond be said city, and has caused the in- into, then an amount equivalent to bearer, and fiscal and other costs inciand revenues" for the purpose for the enforcement of ajl liens tion for any change or Imthe ordinance set dental to such Improvements and registered as to principal then to terest coupons hereto attached to- such deficiency shall be paid into , WHEREAS of this paragraph shall be securing sewer charges which provement Iti the operation not in said petition baa been adopt extensions and to the authoriza- tht registered holder hereof, out be executed by the facsimile siena- said Sinking Fund from the first understood to refer to the are six months delinquent. The of the System. of tht special fund hereinbelow hires of said officers, all as of revenues thereafter available for ed by the Board of Commission-er- a tion and Issuance of tht bonds, 4. A list of the insurance gross revenues of the syssuch payment, and in addition to city will use all legal means to subiect to approval of the there are hereby authorized to be designated and not otherwrlse, the this first day of July, 1953. tem after there have been enforce the prompt payment of sum of One Thousand the amount otherwise required to Dollars policies In force at the end .qualified electors of the City of issued Sewer Revenue Bonds of the- ($1,000) on the first deducted therefrom the reaall sewer bills rendered to the of the fiscal year, setting be so set apart and paid into said day of July, Provo City, ana it is aesirea to city In the principal amount of SI.- 19 sonable and necessary exconsumer connected with the out as to each policy the , with interest thereon at the Sinking Fund. - call a Mayor special election at which 200,000, which bonds shall be pay of operating and penses amount of the policy, the The revenues of the system resystem, and agrees thst, except per Countersigned: the question of the adoption of able from the revenues hereinafter rate of cent ( risks covered, the name of maintaining the system. maining in each year after all payonly If and to the extent that per annum from said ordinance may do reierrea specified. (b) The payments resuch action may be shown to ments hereinabove required to be the insurer and the expirato the electors of the City of Provo The complete sewer plant and datt hereof until paid, which In violate contract rights vested tion date of the policy. quired to be made into the made have been made shall be deon City Recorder system of the city serving the city terest is payable City qualified to rote thereon; various funds provided in 5. The number of sewer in the holders of the city's outposited in a "Renewal and ReBe It and and its inhabitants and tht inhabi- tht first days of January and July (SEAL) NOW, THEREFORE, Section 8 hereof must be connections at the end of each year and, to and including standing water revenue bonds, (Form of Coupon) placement Fund." hereby created, It Is Hereby Ordained by the tants of the territory adjacent of current. water service will be disconthe year. until such time aa there shall be $ ' Board of Commissioners of the thereto lying both within and with- the maturity date hereof, is pay- No... (c) There must be sufAll expenses tinued to any consumer who in said fund the sum of 850,000. Incurred In the in- able only upon presentation of the On the first day of City of Provo City, Utah County, out the boundaries of tht city, ficient money in the Sinking become shall of the audits for the delinquent Thereafter hereInto the Interest by making 19 extenall required unless payments appropriate the hereinafter 'coupons improvements, cluding Utah, as follows: Fund, including the Reserve more than 60 days In tht payBeetles 1. That. there shall be sions and additions thereto which to sttachod. Both principal hereof mentionesd bond is then callable Renewal and Replacement Fundi this section shall be regarded and Fund therein, to pay all ment of sewer charges. The and Interest hereon are 28th be made the of for and shall have hem need not be made excot that if at paid as a maintenance and opera while payable any day may redemption held in said city on the be to In lawful money uon principal and Interest on shall In the required of time fund amount United io said manager the ine agrees expense, so any herein authorized bonds called Provo hours the remain city nroperlv ritv of July. 1953, between tht outstanding bonds which furnish supply a fidelity bond In' the of seven o'clock A. M. and eight outstanding, and including all prop State of America at Harris Trust Utah County, Utah, will pay to bv reason of expenditures made audit to a copy of each of such become due during the the the holder of any amqunt of not less than $5,000.00 Savings Bank, Chicago, Illinois. bearer. .... Dollars therefrom, shall have been re-- bonds at his o'clock P. M. a Special election erty, real, personal and mixed, of twelve months' period next to assure the faithful carrying request after the close at which there shall be submitted every nature now or hereafter This bond Is issued by Provo (8 J . ......) in the manner and du"d to less than 850,000 the pay- of out of his duties and the prompt succeeding the issuance of each fiscal year, and that any to the legal voters of said cityV the owned by the city and used in the City pursuant to ordinance duly out of the fund prescribed in said ments shall be resumed until such the additional bonds. and diligent enforcement, colenacted and pursuant to authorizat- bond, and not otherwise, in law-ti"Id hU have been such holder shall have the right question of the approval of the operation of Its sewer properties ion (d)' The additional bonds lection and application of all duly granted by a majority of ful money of the United States of lrp8,orl to its full amount of to discuss with the accountant ordinance described In the pre- are hereinafter in this ordinance must be payable as to prinfees and charges due for service sometimes referred to collectively the qualified taxpaylng electors of America, at Harris Trust k Sav-- I 850.000. Money in said fund shall making the audit the contents of amble hereto. cipal on July 1 of each year to ask for such add! ssld city voting at an election duly lngs Bank, supplied by the system. Section 2. That all electors of as "the system." Chicago. Illinois, for be used for the making of such lra- - the audit and in which principal falls due will bill and the tional information That as rea (k) called city he in held 2. on bonds may and to said nd extension said the Section shall to That amount lnterest that due city that,Provement the City of Provo City qualified and payable as to Interest collect on the same bill for all , day on its Sewer Revenue Bond, system as may be recommended sonably require, day of to vote on said proposition under be dated July 1. 1953, shall be in the ... on January 1 and July 1 of service supand sewer water all made That for 1953, the of the (d) for by charges the denomination $1,000 purpose by constitution vf consulting engineers the numdefraying of each, aaieo juiy l, issa, and the provisions each year. the paying agent bank shall be Is hereinafter plied by the city's water system whom provision of Utah and Title 20 of the Utah shall be numbered 1 to 1,200, both part of the cost of constructing Ibered (c) The proceeds of tha sewer system, and the In. and the In and extensions held to a shall be mature city. paid and aerialby and sepshall be made, shall inclusive, improvements 1953, Code Annotated. additional bonds must be itial schedule of rates for servholdthe or That bolder tht account In of sewer (e) owned State arate Bank on the 1 in numerical of election. municipally order said vote at to plant ly July t ers of twenty-fiv- e per cent permitted used solely for the" making ice supplied by the system, and system. In full conformity with Provo, in Provo, Utah and all such (25) Section 3. inai ui pous snau each year as follows Mayor of which schedule shall be subject in amount improvements, extentht Constitution shall Laws of made and se Bond the be and aggregate principal Amount Year Numbers estab deposits in be opened Countersigned: every regulary sions, to such increase and revision renewals, of bonds Issued hereunder at replaceState of Utah. 1 Both of the ss cured 1955 me to 8,000 5 on I by provided principal pertinent of said lished precinct city ments or repairs to the from time, to time as may be and interest on this bond and the laws of the State of Utah, or shall 6 to 15 any time outstanding shall have 1956 day of said election, which pre- 10,000 out to the system. the right at all reasonable times pronecessary carry be in the discretion of the Board 1957 It to 30 issue of which it is a part are pay City Recorder cincts, voting places, and the elec- 15,000 Section 12. That the proceed of visions of this ordinance, shall to inspect the system and all able solely from a special fund (Form of Auditor's Certificate) of Commissioners 31 to 45 1958 be Invested in tion officials to serve in each pre 15,000 the sale of the bonds herein auto be prescribed by ordinance 46 to 65 1959 records, accounts and data of designated "Provo City Sewer 20,000 t h- - ,,nH.,.t.j A..r -- ...u,;.a direct obligations of the United cinct, are as follows: be adopted prior to the Issuance thorized shall be placed In a fund the and Revenue Bond Sinking Funtl," into 66 to 85 1960 relating its? a wav thereto, 20.000 o WARD city vs v ui MUNICIPAL vi FIRST niuiiivt , and acting Auditor of Provo City, - . . . of the bonds and shall prescribe separate and apart from all other that upon request the city will 86 to 110 which fund are to be placed a suf 1961 Preclnt Numbers 1. 2. 3. 13. 14, 25.000 Utah County, Utah, do hereby!,, . rates to any holder or holders furnish ficient part of the net revenues de 111 1962 satisfactory to the pur- city funds and shall be paid out' 135 25.000 to ' Provost Place 42. 'the 41, Voting within bond it certify that .lif'c.?.? chaser of the bonds such rates solely for the purposes for which and other statements financial rived to 136 be 1963 165 from the and to derived 30,000 Elec 10th East. 629 unn South In lh School. with ri.hf 1l.lt shall be sufficient at all times said bonds are herein authorized, information' relating to the city 166 to 195 operation of said sewer plant and 1964 Minnie R. Fairer, 30.000 tion Official Provo City, Utah,, and "Is .issued After all payments hereinabove to provide a net amount avail- in such manner as shall be acholder the such as and 196 to 230 system, all as more fully described to Into system 1965 the Sink be made Giles 35,000 Edna required Van to law. Wagenen, Rayola able for the payment of princi- ceptable to the Mayor of the city or holders may from time to 231 to 265 and provided in the ordinance ,according 1968 35,000 Hickman. WITNESS my official signature ing Fund, Including the Reserve and Interest on the bonds and to the' original purchasers of time 266 to 305 voted by the electors of said city pal 1967 the Renewal reasonably Fund and 40,000 require. therein, SECOND MUNICIPAL WARD mis day of and herein authorized equal to at the bonds. the Its in That (f) 306 to 345 on the operaat 1968 and city 40.000 of Fund, IS, Numbers 16, Replacement 17, day 15, Precinct 1953. least lVfc times the annual prln- -' Section 13. That the' action." of tion of the system will carry 346 to 390 1953, for the purpose of authoriz 1969 Franklin 45.000 19. 20. Voting: Place any time when all of said funds cipal and interest requirements. tht Board of Commissioners in 391 to 435 ing this bond and the issue of Insurance, Including property 1970. are in their full minimum amount School, 683 West 3rd South. Elec 45,000 Section 10. That It It hereby ex- calling an election for the purpose and public liability In436 to 485 which it is a part. revenues of net 1971 the damage surplus any tion Officials Dorothy C. Jackson, 50.000 City Recorder and 1972 surance, In such amounts and pressly provided that It shall be of submitting to the qualified m to 540 Bonds numbered 111 to 1200. In 55.000 system may be used In retiring Myrl Peay. Hope Peay. Auditor voters of Provo City the to such extent ss Is' normally unlawful for the owner or other 541 to 595 elusive, of the issue of which this 1973 or redemption THIRD MUNICIPAL WARD -P- 55.000 through purchase (Form of Registration Certificate) of or occupy- question of the- - Issuance of tho carried 596 to 655 bond is one, maturing on and after person having 1974 by charge Issued bonds private corporations of hereunder the 22. 60,000 21. 26, Numbers 23, any recinct 656 to 720 July 1, 1962, 1975 la WhoM I Siimatur for Whenever the amount in the operating public utilities of' the ing any property upon which a bonds herein authorized is hereby 27. 28, 29. 30, 31, 32. 33. 34. Voting 65,000 Nam of Clt same type. The cost of rhch Du of 721 to 785 building shall have been or is being approved, ratified and confirmed. . 1978 at the option of Provo RegiitraUon Slnkinf Fund is equal to the entire Place Dixon Junior High School. 65,000 Section 14. That the provisions Rirtttrd Recorder amount of the interest and princisursnce shall be considered one constructed for residential, com786 to 55 .City, in whole, or in part, in in 1977 750 West 2nd North. Election o- 70,000 of of the mercial or Industrial use, any part of this ordinance shall Constitute --a the costs 856 to 925 verse numerical order, on all of 1978 will operating due'on Katie become 70,000 I. that pal J. Livingston, July fficialsMary system. In the event of loss or of which building Is within two contract between Provo City and .1979 the bonds issued hereunder then 75,000 , 928 to 1000 1961 and on any Interest payment P. Mitchell, Marlam Flygare. nomer or holders of the bonds 1001 to 1080 date thereafter. Any bond so called 1980 80.000 damage. Insurance proceeds hundred feet of sny street, alley tnt FOURTH MUNICIPAL WARD outstanding, no further payments shall be used first for the pur-lway In which a public sewer herein authorized to be Issued, 1981 . 1081 to 1165 for redemption snail be redeemneed be made into said Sinking Precinct Numbers 4, 7, 10. 11, 24, 85.000 1166 to 1200 able at the principal amount there pose of restoring, or replaelneila then In existence ana used in and that after the Issuance of anv 1982 ZS. Fund, unless necessary to replace Community 35.000 Voting Place the Dranertv lost or dimaeed Ithe city, to construct or permit to of such bonds no change, variation. The bonds are to bear Interest st of and accrued Interest to the date monev lost or diverted. All ac Church, 175 North University. Elecand any remainder shall be paldjbe constructed or to use or permittor 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 preInto the Sinking Fund, snd shall to be used sny privy vault, septic, Previsions of this ordinance shall 4 per annum and are to be paid mium for each bond so redeemed Edith Powell. Lillian K. Norton. purchaser of the bonds at the time be subject to distribution In the tank or cesspool connected witbJbe made in any manner except as FIFTH MUNICIPAL WARD-Prec- inct for by the purchasers it such price prior to maturity equivalent to one Seetiea 8. That the bonds herein of delivery thereof together with same manner as are other; sucn muiding. taen sucn owner or mn proviaea unni gucn ume Numbers 5, 6, 8. 9. 12, or prices as may be fixed by reso- year's interest on such bond com- - authorized may be sold either at 820,000 representing the amount of other nernon shall with n thlrtViSS au of tne bonds Issued here- mobeys In said fund. 85. 36, 37. 38. 39, 40. Voting Place-Joaq- uin lution by the Board of Commis puted at the Interest rate bornejone time or from time to time in 'interest estimated te accrue dup-bThat the City will hot sell. days after having been given under and Interest due, thereon the bond In the six months'; such manner and at such prices ine the construction ofc the Im School, 550 North 6th East sioners of said city to be adopted lease, mortgage or In any man- - notlct city that an accepted.havt been paid in full. Officials Maurin Election prior to the delivery of the bonds parled Immediately preceding the consistent with the requirements provements and extensions to the Seetioa 15. That if any section. ner dispose of the svstem or anv public sewer Is ready to receive z above as may be fixed system shall be paid Into said btna W. which will result In an actual net date so fixed Thelma :of Section for Edna F. Harrison, redemption. ner,' Includ- -' connections therewith cause such paragraph, clause or provision of substantial thereof. be'inri Is cost Notice to Interest part to to of resolution elven bv or redemDtlon be resolution Fund. the city averaging Frampton. ordinance shall be held to be ing any and all extensioni and building to be connected with Beetles 4. That the registration not more than 4 per annum. not less than thirty days prior to adopted by the Board of Com mis--1 AD money held in said Sinking that may be made, sewer (except that if such build-- , invalid or unenforceable for any additions the of be Reserve Such Interest Provo rund dis shall election fixed the date for the several byiSioners City. for redemption Including payable (Fund. agents thereto, ontll all the bonds periling shall not at the time such reason, the . Invalidity or unen-I- n on January- 1 and registered mail to the holder of Seetioa 7. That notwithstanding and Inctoding an amount sufficient tricts of said city snau, oetween me authorized to be Issued shall notice is, given have therein smyiforceability of such section, para-hahours of eight o'clock A.M. and nine on July 1 of each year until the each bond called for redemption anything 'In this ordinance else- - to oav the bank collection charges or toilets, the owner or othr;graphy, clause- - or provision shall been paid In full, both prln-toil'clock P. M. on the first, third payment of principal, with Interest which is registered as to principal: where contained, the principal of for the payment of principal and cipal and Interest, except that.person having charge thereof or.not affect any of the remaining and fourth Tuesdays Immediately falling due on and prior to maturity on the books of the City Recorder.'and Interest On said bonds shall interest, shall be deposited, In the the dry may sell any portion occupying such building shall have provisions of this ordinance. payable only out of the net bank hereinabove named as appropriate If any bond so called for redemp-lb- e preceding said election, receive to be representedto by of said property which shall, a period of two years trv which to Section 16. That all ordinances, bt attached to tlon Is not at the time reeistered' revenue derived and to be derived Ine a rent for the bonds, and all coupons and register the names of all perand orders, or parts have been replaced bv othericonnect It with such public sewer). resolutions sons applying for registration who the bonds. If the bonds are sold as to principal, at least thirtr from the system, and in no event surh deposits shall be made and -said bonds or the Interest property of at least equal value, and It Shall thereafter bt unlawfuI(thereof In conflict with the pro-mrm l.u.llv nullified and entitled! in such manner that interest due. days' notice of intended redemn-ishaas provided by the perti- which shall cease to be nec- - for such owner or other person to visions of this ordinance are, tt) g io vole at such election or who will ion each bond on one or more thereon be deemed or con-- nent laws of the State of Utah. The thereof is to be Riven by the plumbing In such build-tio- n the extent of such conflict hereby - tered mall to tne bank at whir a strued to be a for the efficient opera-jhav- e una snau to is a essary oatet repIndebtedin restaec?iterest said M payment sensing bave money general acquired legally i r, the system, provided ing remain unconnected to the of e repealed. to" be of said city or payable from be held by said bank ss a trust pub-'oeand resented and two bonds are coupons by by otherwise payable qualified), (being C. W. LOVE that in the event of lie sewer or to maintain or use or what will have a right to vote at tached to the bonds, the bonds lication of an appropriate notice'any funds of said city other than fund and the beneficial Interest or permit to exist any privy Mayor u tauiiLUDf ume io any sale as foresaid, the Said election accoraing w to " iirwsriprr puuuiora muiv uvuvra iium id operation inerein snau um i w wr uwurn reeds of such sale shall be paid vault, septic tank or cesspool to ATTEST: mmii. fmm time to tot saio system, visions of the law under which said event me coupons may do cesig- - in Aait iase uiy,, bin. said building Is connected A. M. SNELGROVE bit the Sinking Fundand election Is to be held, and esch nated "A" and "B" and either The city has covenanted an4 SectiM 8. That from and after Seetieai 8. That Prove City nere wna eacn are other moneys In, or which is used ty rar occupant tribufed City Becorder at the covenant coupon shall and the of covenants does he and bonds upon agrees shall any give payable agreed hereby delivery Issued, by agent registration thereof. Whenever an accepted itSEAL) aid fund: f notice of registration required by presentation apart from the ether, and agree that It will fix such rates under the previsions of this ordi- - and every bolder of the bonds CERTIFICATION sewer Is available to re- ' numbered 111 to 1200. In-- for sewer service snd will collect nance the system shall be oper- - sued hereunder: ih) That In the event of ,. election laws, includ on and fault on the part of the city In ceive connections therewith, the I I, A. M. Snelgrove, the duly" while the bonds au-- i after and account for the revenues to a ted en the basis of i fiscal vearl Code elusive, That Utah maturing the of la) Section ing (Continued ea Next .fage) or Interest manager of the system shall cause paying principal thorized herein or any of them July L 1962, shall bt callable for be received for such service that corresponding to the calendar year, Annotated, 1953. SUNDAY HERALD Legal Notices RrMa g.Thit the reelitratlonfredempnon at agent for each election district shall post in at least five (5) conspicuous places within his district at least five (5) daya prior to the date fixed for said election the above-mention- n. I lub-mlttl- -- made-throug- ' ' . 1 o man--ag- er ' - one-ha- lf 2.-- the-high- semi-annual- ly . ' m KVf1 .Tl, ,a' .i(uicaui"tww lmi-rii- l ' - tax-payi- - e V or () by-th- e saids - y ve et pay-intere- st or ll n regis-tcruin- pub-ttoweve- is u i Drwpifwr pro-cau- se -- ..nnl dis-!wh- ic 1 20-2-- 1 I - " . |