OCR Text |
Show NOTICE OF BOND SALt. $750,000.00 SALT' LAKE COUNTY ROAD BONDS Notice is hereby given that Salt Lake county, Utah, proposes to Issue arid sell seven hundred and fifty thousand dollars ($750,000.00) road bonds, the same being p, part of an issue of one million five hundred thousand dollars ($1,500,000.00) ! authorized at an election duly held February Feb-ruary 13. 1919. Said bonds are to bo ! anted April 1, 1919. and will be issued payable twenty years after date with j option of payment after v.-n years, or in serial form, as may be determined by the board of county commissioners after consideration of the bids. If in serial ' torm said bonds shall be due and pay- able, without option of prior payment, I as follows: ! 6 years after date, $20,000.00 7 years after date. $20,000.00 8 years after date. $20,000.00 ' 9 years after date, $20,000.00 10 years after date, $20,000.00 11 years -ifter date, $50,000.00 12 years after date, $50,000.00 13 years after date. $50,000.00 14 years after date, $50,000.00 15 years after date, $50,000.00 16 years after date, $80,000.00 17 years after date, $80,000.00 18 years after dale, $80,000.00 19 years after date, $SO,009.00 20 years after date, $80,000.00 Both principal and semi-annual interest inter-est shall bo payable at soma bank in New York City. Bids shall state in each case whether they are for bonds payable in twenty I years, with payment optional in ten years, or for bonds payable serially as hereinbefore stated, and shall specify the rate of interest, not exceeding 6 per cent per annum. Sealed bids lor the purchase of said bonds, envelope marked "Bid for Bonds," will be received by the county clerk of Salt Lake county until 10 o'clock a. m. on the 31st day of March, 1919. and will be opened at a meeting of the board of county commissioners at 11 o'clock a. m. of said day. Each bid shall be accom-! accom-! panied by a1 certified check for $7500.00 as a guarantee of good faith, payable to the order of the treasurer of Salt Lake county. The board of county commissioners reserves re-serves the right to reject any and all bids, and to accept any bid deemed advantageous ad-vantageous to said county. This notice is given pursuant to a resolution res-olution of the board of county commissioners commis-sioners of Salt Lake county, Utah, passed the 7th day of March, 1919, Dated at Salt Lake City, Utah, this 7th day of March, 1919. C. F. STILLMAN. Chairman Board of County Commissioners Commission-ers of Salt Lake County, Utah. Attest: (Seal) J. E. Clark, County Clerk. W1564 |