OCR Text |
Show FINANCIAL CONDITION OF SALT LAKE CITY City Recorder CritchJow has complied com-plied a statement of the financial condition con-dition of Salt Lake City which he will send to the bond buyers throughout the country that they may have definite Information In-formation should they wish to .bid on the $1,000,000 bond issue which is about to be made. The statement gives the assumed present population as 85,000, estimated real valuation of property, $51,993,700, bonded indebtedness $2,798,000, no floating float-ing debt that is not covered by the revenue for 1904, no Ftreet Improvement or sewer debt and no default in principal princi-pal or Interest on-any bonds. The total bonded indebtedness since Incorporation has been $4,546,000 of which $1,748,000 has been retired, leaving leav-ing a balance of $2,798,000. |