Salt Lake Tribune | 1919-11-15 | Page 17 | Notice of Bond Sale

NOTICE OP BOND SALE, SW.W.V: Millard County Koad and Courthouse Bonds. Notice is hereby given that Millard rountv, Utah, proposes to issue and sell Fifty Thousand (J59.000.O0) Dollars courthouse court-house bonds. Ninety Thousand fJ0n.nnn.nn Dollars road bonds, the proceeds of same to be used in co-operation with tbe federal fed-eral and state governments, a nd Two Hundred Seventy Thousand f$J7t'.ooo.oo) Dollars additional road bonds, the same having been authorized at an election held September 30, 1010. Said bonds will be issued pay aide twenty yea rs af ler date, with option of payment after ten years, or In serial form, as may be determined de-termined by the Board of County Commissioners Com-missioners after consideration of the bids. Said bonds will be issued in three series. If one or more series be Issued in serlnl form th bonds so issued shall bf due and payable without option of orior Daymen t. as follows: Ten per cent of saM bonds shall be due ami payable at the expiration of the eleventh year after their date, and ten per eent at the expiration of each succeed In 2: year thereafter there-after until and includine the twentieth year after the date of said bonds. Both principal and pomlannu;-. Interest shall be rmypblo at pome bank or trust CO moan y in New York City. Fids shall stai e In each case whet her tbey arf for bonds payable in twenty rears, with optional payment In ten years, or for bonds payable serially B hereinbefore herein-before stated, and shall specify the rate of inte-8t. not exceeding 5M I,(?r eent per annum. Bids may be for one or more of the Issues above mentioned. Sealed bids for 1 he pore' ta so of sa id bonds, envelope marked "Bid for Bonds.'' will be received hy the County Clerk of Millard county not later than 1 n o'clock a. m. An tbe fllh day of December. 1010, and will be opened at a meeting of the Board of Count v Commissioners ul 12 o'clock noon of the same day. Each hid shall he accompanied bv a certillcd cheek ns a guarantee of good faith, payablo to tbe order of the Treasurer of Millard county: sold ebpek Shall b4 for Five Hundred Hun-dred ($510.00) Dollars if the bid he for Fifty Thousand ($50,000,001 Dollars Courthouse bonds only, foe Nine Hundred ftflOO.ont Dollars if Hie bid he for Nine'v Thousand (td0.000.00) dollars road bonds to he used In co-operation with the fed-pral fed-pral and state governments onlv. for Two Thousand Two Hundred ($2200:00) Dollars Dol-lars If the bid he fpr Two HUpdrsd Tv.en-t Tv.en-t v ThOUSS nd ( J220 ,000.00 1 Doha rs additional addi-tional road bonds only; or for the aggregate aggre-gate of such amounts if the bids he for two or all of such issues. The Board of County Commissioners reserves the right to reject any and all bids, and to accent any bid deemed advantageous ad-vantageous to said County. This notice is civ en pursuant to a resolution of th Board of County Commissioners Com-missioners of Minard county, ctab, passed the 4th day of November, 1919. Dated at Flpmnre, Millard county. Vtah, this 4th dav of November, 1010. PARli D. BROWN. Chairman, Board of County Commissioners Commission-ers of Millard County, T'tah. Attest: C. II. DAT. (Seal! Couutv Clerk. e.1460