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Show A HKSOLUTION KOVinfN( tOil THK ISSUANCE OF J lloniU for ( or;-orate onrjiose-i. Whti.aaa, The rornoratlou of bait Lak C,t.y la ,1 -Hiroua of hoirow ng the um of Two lluu or, d I aoiii-Hiut I toll.tr t. r tl. maklnx of imrniB-Ii-ni improi oiiifiittt and lor oilier I'lTponite j imrp-'Mra. and It hs Ih'i-h ne.-nu-il prnrti-m mid il A- t ti lttB-te a eiofTvo llnmtrvd i ne i Taow.atid Hollar H- u la. pursuant t thej ro vi lona ot an Act of tne i iovrnor and l.t ultna-1 ultna-1 ,vo iiB.mnnly of ti;n Tfir:torv u: L'laii, a,i-1 a,i-1 proved March Hth. "', th,a-, foi-B, bn. l oiil. Ho, and it im, lo-olvc.i, Iiv (lie : City c .nn -il ol B.U Lii.a Cliy. that turtne Ipuipoan of otitainiiK' inoiiey for petniaiu-ni j iniproiainenft and for oliirr Ci-rporai p.;r-p, p.;r-p, m a km I.I Corporation nimu i-bi: a aci ii-a ol Two llnndied an.;raa 1 1 O'ipoit HoiiN of the ii. noin nation o,' c.'tt) Tsiouand doilar-i tai a, ilia pr n. ! al pay ilili-at tin. ohii-e ol the I. iv T' raaiirar of lull. I vol halt l.aUa taani y je-u-'a ufH'f ilo-ditto Inort-oi. rd.-an.a la, itoiv,i,ive ai tim option of nai l idi pi-i-aiHiii ,t anv tlma afier t-'ii y.'iira from lhaiUin of thflr lion. ba.J I ton w lo Iviir.iai.' i f Julv I.i, Ivl. with Uiteroat 'r an the dai., t. e-i-.if ,it tin rale of 6 ji-r ciut pr Biiniiiii and p.,j.tlilo eml an-Iinally an-Iinally tin-ri'tt'ti-f, on tlm Hi- ,t ,,...i a of J-um-iry a ;u .Inly m sm-h "ar, m lm Cny of fi Vortt i,t t ho hanking Hoiiho oMiia Impoi-tt ra and '1 iiui ih' NaMoual Hank, or Its..M ,-ixioi K, or at tli I n Ion National It. nk In malt l.aao Cliy, ,.r Pa .-mco'SHo.B. on putaHiiuitiou an.t MtrvmlHr ol I )ih t: HipoiiB m I!-, y l-oiMui.-diii-. both mt.-r-out toi l In pal piyai.ni In laafu mon, ynf tne L'n t l .atu-. and .-a.-'. II mda ll..li I a t-iiii'i from taxation I'.v r.a'iUiiy. nitct on .,. iaid Hon ta hali in a "nd ly tha S'avor and Trt-itanri-r of kaiil C ty. ai, 1 he'ore tho ihaiiunve of any of main tha Corporate 8i al ol aid fit v shall l a tni-riinto aaid. nniy at-le.i-.! Py i ho of -orai r of Hani City. S-Aiioil il. t-atd Lou. a Hhad 1 iiiimiiirad from one to two hnnd d. but It in,-lu Ive. a;.d tliwy ;il he r,'arlHim,'Hl In niuiit-ili-ai or.lor in a PooioUtpt for aa,'n I iirpoi; i, tne Anditoi ol sod cJy, and au!t MoudaI all P.-aoidoaly t"! on hUur..or of the CI j CiTun -.1 and in au, h 1 and on tae,a at It ahall ilet iii.iata, an i to , h ,,( ;H i It. uiilsi tin-r hlnti i lie at-ta.-iieu forty lampoua, nuinti, r-d leapei iiv.dy fro. , one io forty, Uttli tii.-;tif... vita the pro ar .iBt.-K of inymeut trim. 1 ihon-lii. h. ciluu 4. Tha rwal of tiiec'orporation tlia'.l pot lie impr a-.ed upon and Honda iniiil lin le.-rua of pale tbereof, iiinl tli. n -uid lrnpr,,nioii na'l b uiaile In tlio p,-.-.lira of tha Mavor and I raaaun-r audi 'onpiiutoe of Kiuam eof n'aid City, provided tha or,t..ror bhIIhk- una aUoat-Inir aUoat-Inir t-a.d liondii in 'lud nrf the aealmg ilini.-of m iy l,e rh aiiut-d or modliu-d by oninr of the I atv Council. S.w.inn . Wlii never the Cltv Council nf fall I lUel'lty Hhnll 1 a"a arrunrfd to lsmie nani lioi.da or any part of thcin, aiii Omncil i n ill dnect the Treaanr-rof aanl city toadver I if,,- for t,,e aaie of Hon, m to In. p. ue. I ;im aforo-ahl, aforo-ahl, l.y cau.,IUK notli c of aaiil -ale b. n jmb- 'itoieo ior a perion oi one nioiiin m tar.-a daily iiiovspil'.ers published In 8it L.tkeCity. H,icb no i ce shiill spec ry the amoutit ot Hoiiiis lo tie soid, the rate ol lnt.irut they slnul bear, the place, day and bour of saie, and that bids will bo received bv said iteistirer for tne purc'iuee of sal.t l'oiuls w uhan llitjien days from the i vi.irat .jii ol said pu nitration In said papers, and at aplae and Ht iH p. oiled In aald note e. The Ti'eft.iner of said liy, to-tethar with tha Cot iitiiil--n on Finance of a.ild Citv Council shall opan ll bid! receued 'by said I'te.isiuer una lln-v ii.ill award tne piit-lia.e of sab1 11 mas or tne noit'ou Ihei-etif offered for sale to the in-best bid. ler ot bidders therefore. I'loMded: '1 hat siinlTreasurHr and sahl couiinlttee on l-lnauce snail hat th right Ifha.fof aaid citv to r-ii .-t any and all bids, and provided fnithar, that II. ey may in th or discretion r. fuse to nniua any award i f sail U.inda unless snf-II, snf-II, ieut i.-curliy Hhali lie furnished by tne bld-, bld-, dor or I lildors for tha eouipllimo-j with the terms of ui6 or then bids. Sn turn il. For the p'irposa of providing for the payment of the mieiv-t on said Hotids as llie saaie shall lav-onie one, tlie sum of tea thousand dollura or so much thereof as may P.- invessury Is hereby apiroprlaied accord-in accord-in --'.v. Sirtlon 7. At the exnlration of ten years af-b af-b r the Issuance ol sal 1 Honda, lliere sball be set apart, mid the same is hereby appropriate:! the Mini of tweiiiy th ni-aud dollars, as a sinking sink-ing tuna to pay the principal of said bonds, as the same sha I fitlli'neor be Milled as provided pro-vided by Section sol tins reioiutlon: Provided, Provid-ed, mat nothing here, n snail he construed to proh'bit the t it y Council from making any oilier provision for re lomptlon of ny or all of said ll, nd-i ifter the e plenum of I n years. Sect one. Whenever a fur tne ex pi rat ion Qr ten years from tue Isausn e of said lion, Is there Is avallab e as provided in the preceding section or otherwise the sum of twenty thousand dollars or more, it shall be tho duty of the city Treasurer to punlnh a notice stating the number of bon is to he redeemed, com-nieiicaig com-nieiicaig with the hiu-lu st number then out-slaniling. out-slaniling. and the dale when tiny will be paid. And If such Honda so numbered In said notice shall not be presented for Paymentor caucellat.ou at Ihe date mentioned in the publication, then such fund shall remain re-main lu tue treasury to discharge sucn Honda whenever presented, but such call Hotids shall draw no Interest a;rr"ilie date spetil.ed lu such notice. Heci ion H. This resolution to take effect from and a'lor Its passage. l -iisscu aud approved June win, lsai. Iskai-J Urn. M. b, hit, Mayor. Attest: J. F. Jack. City Kecorder. Uni i'tri Statks ok am lain.' a, ThliiUTonv ot'Ui'AH. J-sg. Salt Lake Citv, i I. J. F. .Tack. Kh order of Salt Lake City, do hereby cerffy that the fore,;oing is a rull.'tnia and correct copy of "a resolution providing for the issuance ot Honda for Corp:. rati purposes pur-poses ' passed bv the City Council of Halt Luke ity, June Situ, ls.il, as appears uf record In my Olllcp. In testimony where f, I have hereunto set my band and aftlxen ttp-0 rporate Seal of bait Lake city, this Pub day of June Isal. lHE.il J t). 1 11. .1. F. JA 'H, City Kecorder. |