OCR Text |
Show TITS SUN CHRONICLE, THURSDAY, JUNE 11, IvtZ FROM CONTINUED PAG? S SHALL. BE IN ORDINANCE ' EFFECT, r WHEREAS, . the City Council of Roy City, Utah, has heretofore adopted proceedings for the construction of Improvements in Curb . and Gutter and Sidewalk Improvement District No. 4, and the Ordinance of said City confirming the assessment roll for such improvements having been duly adopted and approved on the 80th day of April, 1962; and WHEREAS, notice of. assessments to property owners In said District has been published in accordance with the requirements of the laws of the State of Utah and the ordinances of said City, notice of assessment has been mailed by the City Treasurer to all owners of property assessed in said dstrict; and WHEREAS,' the total cOst of the project was $68,480.27,- - of which the Cky's portion was $1,138.82, leaving an amount of $67,343.45 as the remaining cost, of which the , Citys , portion against property owned iy! it is i jSS' T' $1,770.23, the balance of thi cost, after deleting the Citys portion, ' being assessed against the abutting property owners in the amount of $65,573.22, that during the fifteen day period following the effective date of the ordinance levying the asseh-men- t, the owners of private property in the District have paid $20.283 81 on the principal of their assessments, and leaving an amount to be paid through the issuance Of bonds pf $45,287.41; and. of WHEREAS, the issuance one bond in the denomination of $50, the smallest denomination authorized by Statute, would exceed the amount of the assessment so Roy City agrees to advance the sum of $37.41, leaving unpaid the amount of $43,250, the amount of bonds to be issued toy the City in connection with the improvements completed In Curb and Gutter and Sidewalk Improvement District No. 4 of Boy City, and the City Council does, thereby determine to tell and issue special Improvement bonds in the sum of $43,250, ROYAL GIFTS FDR. NOW, THEREFORE. Be It A&y 17, in each year as nearly Ordained by the City Council of as may be possible In ten equal Roy City, Utah; annual installments without opSECTION . That all of the tion of prior redemption, said proceedings heretofore taken and bonds to bear interest at th rate adopted for the creation of Curb of four and perand .and Sidewalk Imto be cent annum, per No. District for 4 Roy provement numbered. In the denominations, City, Utah, and for the construcas follows: ' tion of improvements therein and and to mature the assessment of a part of the Bond Numbers cost of constructing such im- (All Inclusive) Denomination provements on and against the M $1,000 private properties in said District 500 shall be and the same ere beheby 1,000 M confirmed; and approved, ratified, 500 that no assessment exceeds 10 4 1,000 the benefit to be derived from the 500 15 improvements by the piece of 9 1,000 property assessed; that n6 piece 20 500 bear more of property will 1,000 than its proportionate share of 500 the post of the improvements to 25 26-2-9 1,000 be made. 500 30 50 SECTION 2. That for the pur- 31 5 1,000 pose of paying the unpaid assess500 ments chargeable to the abutting, 88 50 and 37 contlgu o u , adjoining, 1 blocks 1,000 and lots, adjacent 500 parcels of land in said District 42 ' 50 there shall 43 within said City, 1.000 issued be $45,250 Roy 44-4-7 500 City, Utah, Special Improvemnt 48 50 Bonds of Curb and Gutter and 49 District 50-5Sidewalk Improvement 1,000 500 . No. 4. Said bonds are to bear 54 PO data as of the 17th day of May, 53 1962, and shall mature serially -- three-quarte- dVi) 11-1- 82-3- S8-4- Phone All types and styles needs. All metal Boxed Choiociates .Sun Glasses Greeting Cards Wallets r to fit your . bar ce i - jjn ... ROY AUTO PARTS drug 5316 . Ph. So. 1900 W 825-12- STATE OF UTAH COUNTY OF WEBER ROY CITY. UTAH .SPECIAL IMPROVEMENT. 1 7orvnrvvwvvvwvyywvvyvwvyyvyyinooryyyvYYVYVYYyvYvvryyvYyyvinnnrvvvww I as hereinafter set forth, to pay to bearer hereof the principal Dollars hum of . .1 day of May, A. D. option of prior redemption, with interest l?th on the 19 , without GROCERIES WITH EACH 51 MADE AT ROY FURNITURE WI WILL GIVE new potatoes with each lbs. with $100 purchase is vres!:alO-lb.bogo- f lurdtdse over $10. TOO You can also purchase theso new potatoes it i at 4c a pound. l mmmm One big special each week. Watch for Ad each weekforthe next 7 day special. :'c": r : ii ' - wmuuutmm Fathers Pay Specials On Furniture Roclccrsii t ;:;;49.0 s' r 50.00 ; Recliners . V.'- - V. . N v. for year Refrigerator cn rcyi cr.$ - 1 w- t v? Cii. Lounges t . Fold. 6.95' 29.95 Tables : : : : V ; FJlefal Rockers'! Umbrellas : 50.00 ' 30.00 to 70.00 25.00 14.95 Cluiises:19.95 6.95 Alefai Outdoor Rocker Free Vith Purchase of 50.00, tO 70.00 fr fcnr c!d Sofa cn cr.3 ' h Jf4 fer ysfjf c!d Dcirconi Sol cn for ycur old Carpi eri r.ow cr.3 r.:n cr.a fer year old Dinolia cn r.svr : crj y - fer 10.00 to 70.00 for your cld Chair, Rocket ca r.:w cr.3 ' pur old Power f.towej cn tsvi cr.3 . , We will give this to you h cash to help you on your vocation ' or fo pay other bills. , ICCO.IVcjt, Roy, Utah v . Phone ' S' ; 2 t ' 825-168- 7 PEONE $ 9 w 325-674- 9 J four for said District, including this Coupon No. $47.50 brad, does not exceed the amount $23.73 authorized by law nor the spe$ 2.37 levied assessment tax and cial to cover the cost of said imOn the 17th day of May, A.D., r- -, provements to said District, and 19 Roy City, County of that all of said special tax and Weber, State of Utah, will pay assessment has been lawfully the bearer hereof levied. This bond ' is subject to the condition, and every holder hereof by accepting the same agrees with the obligor and every subsequent holder hereof, that (a) the delivery of this bond to any transferee shall vest title to this bond and to the Interest coupons attached hereto in such transferee to the same extent for ail purposes as would the delivery under hke circumstances of any negotiable Instrument payable to bearer; (b) the obligor and any agent of the obligor may treat the bearer of this bond as the absolute owner hereof for all purposes, and shall not be effected by any notice to the contrary; (c the principal of and the interest on this bond shall be paid, and this bond and each of the coupons appertaining thereto are transferable, free from and without regard to any equities between obligor and the original or any intermediate holder hereor crossclaims; of, or any and d) the surrender to the obligor or any agent of the obligor of this bend and each of the coupons shall be a good discharge to the obligor for the . set-of- Dollars in lawful money of the Uhited States of America, out of special funds designated the Rond and Interest Fund of Curb and Gutter and Sidewalk Improvement District No. 4, Roy City, Utah, and Special Improvement Guaranty Fund' at the Office of the City Treasurer of said City, being one years interest on Its Curb and Gutter and Sidewalk District No. 4 Improvement Bonds, Series of May 17, 1962. . (Facsimile Signature City Recorder, City io Auditor Bond No. v SECTION 4. Said bonds shall be signed by the Mayor and attested by the City Recorder, and drawn by the City Recorder as oa its City Auditor Treasurer and the annexed coupons to bear the facsimile signature of the City Recorder as City Auditor, and the City Council does hereby ratify, io approve and confirm the execution of said bonds by the said officers, and the City Treasure: Is hereby authorized to issue and deliver the bonds to the purchassame. er. thereof, their agent, or asIN WITNESS WHEREOF, signs, on receipt at toe pur- Roy City, Utah, has caused this Continued on Page 5 bond to be signed by jts Mayor and attested by Its City Recorder, and drawn by its City RecordDelux er as City Auditor pn Its Treasurer, and the annexed 40 GAL. GLASS LINED coupons to bear the facsimile Limited Pioneer Brand-Sup- ply signature of said City Recorder 10 Yoar Warranty as City Auditor, and this bond to be dated the 17th day of May, A. D., 1962 Water Heater now . y 20.00 to 70.00 i City, Weber County, Utah, upon presentation and surrender of this bond and of the annexed coupons 0$ they severally become due. This bond is one of a eerie, of 65 Special Improvement Bonds (In the denomination of $1,000, $500 and $50) numbered consecutively from 1 to 55, both toclu-.ivissued by Roy City, all of which are of like date and designation and aggregate the total amount of $43,250. Payment of this bond and the interest thereon shall be made from, and a. security for such spepayment there is pledged cial fund designated the Brad and Interest Fund of Curb and Gutter and Sidewalk Improvement District No. 4, Roy City, Utah, containing the receipts derived by said City from the special tax and assessment levied upon the property included to Ckub and Gutter and Sidewalk Improvement District No. 4 of said City, by Roy City Ordinance No. 173 which became effective on the 17th day of May, 1962, for the purpose of construt-to- g improvements on certain streets within said City consisting ef curb and gutter and appurtenant drainage faculties, sidewalks and private driveways and the necessary construction inciimdental thereto, and other provements to said District, under, by virtue of, and to full conformity with, the Constitution and Laws of the State of Utah and certain ordinances and resolutions of said City duly passed and made law thereof prior to the issuance hereof. It is hereby certified that guaranty special improvement fund has been created by ordinance, as authorized by Article 8, Chapter 7 of Title 10, Utah Code Annotated, 1953, and said City agrees that at all. times during the life of this bond and until payment therof to full, said fund shall be at all times maintained as therein required. This bond is payable exclusively out of said special tax and assessment and said special improvement guaranty fund. Said City shall not be held liable for the payment of this bond except to extent of thd funds created and received by said special tax levies And assessments and to the extent of its special improvement guaranty fund; but said City shall be held responsible for the lawful levy of all special taxes or assessments, for the creation and maintenance of the special improvement guaranty fund as provided by law, ami for faithful accounting, collection, settlement, and payments of the taxes levied for local improvements and for the moneys of said funds. Said special tax .and assessment- made-an- d levied to defray said cost, with securing interest thereon, constitute, a lien Upon' and against the property upon which such tax assessment was made and levied from the after the 17th day of May, 1962, the date upon which the ordinance levying such tax assessment became effective, which lien is superior to the lien of any mortage or other encumbrance and Is equal to and on a parity with the lien for general taxes and such lien shall continue until said tax and assessment Is paid, notwithstanding any sale of the property fra or on account of $ general or special tax, or the issuance of an auditors deed. It is hereby further certified, recited and declared that all acts, conditions and things essential to the validity of the bond exist, have happened and have been done to due time, form and manner as required by law, and that the total issue of special improvement bonds of said City LWmJ v - . 3 50.00 " t , ml ,.jf.' -- , - t three-quarte- r, t4 t PADDED V for your c!d TV ca r.:rt cr.3 S;Vrr? 100.00 . BOND , CURB AND GUTTER IMPROVE-- AND SIDEWALK MENT DISTRICT NO. 4 No. $1,000.00 50.00 Roy City, in the County of Weber and State of Utah, a municipal corporation duly organized and existing, for value received hereby promises, out of special funds available for the purpose, v. carrier. Reg. $6.50.,' SPECIAL Sure Grip Auto Tray to keep your driving 69c . . needs In easy reach Friendly Service 6 . Introductory Offer on Quality OFF TOP CARRIERS... 25 JlMi mlfix 825-633- CA VACATIONER'S Q mum ' 21-2- 4 h ..... Amt. ef Yr. Mtma Coupon (May )T) 1963 $4,000, $47 50 23.73 500 1963 47.30 1964 4,000' ' 500 23.75 1964 47.50 4.000 1965 500 1963 23.75 ' 1966 4.000 47.50 500 23.75 1966 47.50 4.000 1967 500 23.75 1967 47.50 1968 4.000 500 23.75 1968 50 1968 2 37 47.50 4.000 1969 22.79 1969 500 2 37 50 1969 47.50 1970 4.000 23.75 500 1970 2.37 60 1970 1971 47.50 4.000 23.73 1971 500 1971 2.87 50 47.50 1972 4.000 23.75 500 )972 2.87 1972 50 Amount Maturing 3 111 Shaving Sets . Max Factor Old Spies Pens & Stationery Quality Drugs therein until maturity at the rate of four and per cent per annum according to the coupon, hereto attached, payable annually on the 17th SECTION 2. That said bonds day of May In each year, both and the coupons thereto attached principal and interest being payshall be to substantially the fol- able to lawful money ' of the lowing form: United State, of America, at the UNITED STATES OF AMERI-- Dffic. of the City Treasurer. Roy Bond principal and annual Interest shall be payable at the Office of the City Treasurer Of Roy City, Utah. , 16-1- Tfcgd 62.50 Mayor City Recorder, (SEAL) ATTEST: City Recorder City Auditor t BUILDER'S BARGAIN BARM 3175 Wall Ogden Ph. EX (Coupon Form) or EX |