| Show AN AIN ORDINANCE an wll I ance nanca pr for th A and rid 1 or of on certain ill b boldn J ba by salt n la lake me olt city li in lieu c u 0 an eiula lent yount a 0 I 1 off other u I 1 n it A ir bondu I 1 d 0 it bald ld illy city and in order to lo i int mild i in eji V to refund sold outstanding bonaca elt addo D if 1 l it I 1 1 Is 1 reby ordained by thol th t rity ity council at 0 halt alt baho JET utan S f atlon acob L 1 that to or thu 1 0 p 4 ing i and a refunding dani dl ni the tha 1 bue of live 91 huh ah tired dred Cu wW dollars of tile tho hand ot of bait U 11 lake ike city utah issued under der tn th 3 authority or of a ot of said fit city pa poised jul july 10 0 hia lea A fr ro lutko bullon n brov fa for F unil tho issue of 0 bond I 1 lor corporate 70 rr rato purposes slid ond for the pur I 1 0 a of refunding the lh evi c vl amed by sank mud bond bunda and jostling in ledl beut thereof other bonds ot of an amount live hundred thousand tio dollars be borrowed borrowed on the hn credit ol of the d elty and the tit committee a n 1 Fina finance llao tit of the cly city council or of raid palo illy 1 la hereby h authorize find and directed to tor for ili tho or raving of 0 two he bandit of ili ih eaf ot of lilt bundled IMO im dobari each ind and tour four hundred bonds ut of tit uie admon ot of one arld 3 1 kello dollars cach anil and jp orting to bo ot of raid gaid salt sale lako ko city section 2 said bonds bonda shall hl bo be gnoun so salt lake I aay ref anding bonds and ami hall Is b issued and sold cold for th ih A purpose of 0 refunding said live five hund hundreds redi thousand ZoE alwon WOo dollar of 0 the indebtedness debt edness ot of rid salt lake city ol el 01 by five bond hundred ad hand bonila of 0 raid paid city ot of the denomination of one SIM mm W 0 dollar dolik each issued and aind sold hold pursuant to sold resolution ot of said ct cit velch life said lawt ariam cami I bonds arc am at tile office ot of the iho city tian Ti in salt gall jako city twenty eiers alter the adte berof ho lit at the tb option opton oe of wit bald corpo corporation ration any time utter too ton years irom from I 1 re date of r their bail ald boods bonds to be bear date ol of 1 issa hillh in foree ira roia tho the tin dale thereof th arto at uw ot of ra 5 arr per annum the he interest pa ter 10 ca an the iho first if day of ids alarca ma un sad geral benu annually on in the firel days dars of september avid and march in III aeh scar in the city or rw new yolk at ih iho barik ilif ballet of the An american iverlean nat one bank r its ita successors or it the Du leret national dional loank bank in ill sit salt lako lake city or ua its successors all moneys from the gain of oc the bonds bonda pursuant to this shall bo be solely to the hie purpose 0 of paying und and said five hundred hund rid thousand dollard doll ira of tile bonds bonda to uio the remote lion elan of 0 july lo 10 bavi ins sec ac I 1 3 tho the mid it bonds to bo be issued herein shall bo be dated tho first day of Sep tern bor bar lass and shall bo be payable absolutely abol twenty years yeara from rom their date dale ahall lis b numbered from rom I 1 to GW CO loth inclusive and tho the principal rIn cipal majda payable at rh rha oneco ot of t iba 0 city treasurer I 1 in n so sail I 1 t lak city lind and interest shall be bd made payable at JJ wells pareo co bank abw ray ew york city or dvells fargo co 33 bank k salt t L lake cuy city or their gers la in lau fill money of the iho united states and 6 chall bell bear interest only front tho the day at 0 thir beir date data ut tho the ratu ot of 4 per cent per annum cavallo pa vallo annually on I 1 th h first day of or march and the iho first lay day oc september ot of each year see 1 4 sall bonds bonda ahai bear for the interest in teresi to be so arrant cd that they rally bo be detached without the iho laUon of 0 the bond they shall tin tie 0 ignec by the flavor and city Re cordor and by bv the atie corporate sep seil of aale aale city and tile the mavor and city recorder are hereby authorized to sign and attee antei tho the falla boods bonds und and ches ched so signed and 0 tt Kited te L r laid a adibi t bondo paz I 1 become anil and i shall ah b tx a t the h 0 i or of paid mild city lor for the payment ot of u which itch the falth r hillh and credit ot of said city aro hereby pledged sec 5 the coupons borne by raba al bonds shall bear the srena ture lure of 0 the figr ard and city recorder see 0 the ity recorder la Is hereby authorized and directed to adert lm for a period of not to exceed tanty wl 20 adva dv in the public press ot of gold bald city to soil sell said acala bonds bands and requesting bids recall for all or any portion ot of the game came tho iho richt ti ht upon the port part or of the raid paid city to any or it all bids w aich may be offered tha bids bada so go received shall be delv delivered vered unopened opened by the city recorder to the sold city council and phan bo bb opened in m los presenta presen tf ot of sold council at the unit first regu feely pir lir to be held after the dito alte at 0 the expiration of saka ball advertisement but in no case shall paid bonds bonda be sold old for loss IP IB than their par mir value and the accrued interest at uie the time llroy of their disposal sw 1 7 there ile be set asido olsee of the revenues of said city servel anni a sum s to pay the inhere said eald land bond see if 8 the bonds I sued under provisions of this ordinance shall be e ony empt p t from labat taxation on cy by ud it salt laki laka cir 3 passard by b the city council ot at salt galt lako lakia city juas ISA seat G 11 BACKMAN city recorder approved this att d day ay of july AT AD D 1 ism J juian 0 I 1 IN CL A it K alnor tf tor state stale of 0 utah city and county of 0 sut salt lake lak ss sa 1 I G 11 nian pati city recorder ot if salt lake C ally i do 0 b hereby e r eb c certify y ah th it byrad earlif ritto the abiva b a and n d m go j a g ly is s a full 1 aruo ovll aa C correct bave FCC L ropy popy of an ordinance an ordinance pro lillne taing for or lle kits nn I 1 thi hommr sing of certain bionda by bv salt mk lako 0 r city it y in lieu of 0 an equivalent amount ilono of other out outstanding tends bonds ft P said euy city and in order to engbin a sai fi city iby to refund gall outstanding 1 naiia yeti issued by tile the city uy council of n salt lake k a city state stale of attah july V lial ich and approved by bi tile iho july si i I 1 Is aa 88 ep pears ot of i ecord lit in my mv office in vilie whereof I 1 haio ha 0 o hereunto pet fet roy my hand and v fluxed tho cot borate sea of oc gal fiill I 1 oil city this Z th lh day of ja jury A D ISS I 1 re 1 I r G IL 11 BACKMAN aljo ul city H corder |
