Show AN AIT ORDINANCE to provide mosey money for the he construction st tt cf water worlds works be it ordained by the city council of lopan logan city cache county comity utah territory 1 that forth thousand dollars bo be borro borrowed ned on the credit of iLog logan mi city in cache county in utah territory for or tho the purpose of water to be owned and controlled by eaid city and for the purpose ol 01 liquidating tad the indebtedness of inid eaid city heretofore or which may hereafter lie bo incurred ined prior to the sale ealo of its bonds as hereinafter provided pro Tided for in the construction of such of water works SEC sica 2 that said money bo borrowed by the issuing of the negotiable coupon bonds of said city to the amount of FI doity olt thousand dollars paid eaid banys bonds to be in the denomination of one thousand dollars each ach and to bear interest at the rate of me fie ta 5 per cent per annum to be payable seini nanual ly according to interest coupons attached to said bonds and that said bonds run for the period of twenty years and be absolutely twenty years from froin their dates S SEC ec 3 said bonds shall be known is as logan city cily water works bonds do 13 ds cries A and shall be dated december dece aber met 1892 for the sum of on one 0 thousand 1 dollars each numbered from 1 ono one to forty inclusive and each of eaid 1 lends shall bear coupons for the interest so arranged that they may be detached N without mutilation uti lAtion of the bonds said coupons shall be numbered from one to forty both inclusive and each coupon hall be lor forthe the sum of tn enty dollars SEC 4 that said bonds shall be signed by the mayor and city recorder and attested by the corporate seat seal of the city and the mayor and city recorder are hereby authorized to execute L aid paid bonds and the city recorder shall B sign agn said interest coupons provided however that his hia signature to the th 0 said interest coupons maybe may be evidenced by arvin having his lithographic signature princes printed thereon S sec cc 5 each of said bonds shall be in the folio A ing form UNITED STATES OF AMERICA TERRITORY OF UTAH LOGAN cm CITY 1 W I oriz DO DOND BOND ND no SERIES A logan city acknowledges itself indebted and promises to pay to bearer the eum aum of one thousand dollars united tates states gold coi coin I 1 I 1 of tile the present pesi standard of fineness and weight payable at its agency in tile the city of new ik ott on december decet n her alet slet 1912 with ith interest thereon fro from in the date hereof at live 5 per cent per alln annum am payable semiannually semi seini annually in like gold coi coin I 1 1 on the day of june and tile d day of 01 Decem december berof of each year hereafter until the maturity thereof at aba above said agency upon it pon the lie t presentation and surrender of the annexed coupons co po as as aa they severally become duo due and payable this bond is ia one of a series of forty bonds of one thousand 1000 dollars each authorized by subdivision 6 of bof article 4 of an act of the alio Legisla legislature turo of utah provid providing big for the incorporation corporation iu of cities approved march sui section 1765 1755 ot of the compiled laws at utah ol of and issued in accordance co cor dance with ith an ordinance of said city cita 1 duly pass passed d by tile lie city council of sai I city and approved tho ath day of march A 1 D 1893 entitled an ordinance to J v i do money fur for tho the construction ol of water works and it is ia hereby that this I 1 bondani bon dand series serie of bonds and coupons has aud have been issued in full and strict conformity confori confor nily mily to and compliance with the provisions of said eaid act and of said ordinance and eliat every step requisite to the issue of this bond and said adries aeries of bonds has been taken and fully complied with in strict conformity with the provisions ot of law and that all things hava been done to entitle and enable the said city to legally issue tills this bond arid and it is ia especially recited that the total indebtedness of said city of all kinds bonded as well as floating including this issue is ia not in excess of any limit of indebtedness imposed by act of congress or tile tho legislature of said Teni Tern tory in witness N whereof tile the said gaid city lias executed this bond under the official a signatures 1 agures of ilia tho MaTor and R Ze corder a and tho imilie sad 1 rity attached ki 5 V 8 J D B daiy atil anil by causing the abe lithographic litno graphic signature of said recorder lie corder to be attached to each interest guteres coupon hereto herefo annexed as ai required by said eaid or ord tillianne til liance of logan city ISEAL SEAL I 1 mayor I 1 ATTEST arrest gity city 0 and the mij baij interest coupons Cou polia shall hall ho he in tile the follo following w in form 0 N o r bozan city in tile the territory oi of utah will pay the bearer on at its agency it in tile the city of new york tiles hie sam I 1 na of twenty five 2 1 dollars in united states slates gold coin oi of the present standard of fineness and weight beina six I 1 months interest on lonan logan city NN water a I 1 er works kond no series A dated december comber De fist 1802 city tte corder SEC C G it is ia further farther ordained that for the purpose ot of provi providing dinv for tile the payment of the interest on the bonds so authorized to be issued as ae tile the same shall become due the sum of one thousand 1000 dollars or comach thereof as may insy become necess necessary itry is ia hereby appropriated semiannually semi annually anil and that for the purpose of raisin raising the samp taxes to raise the sum sum of two thoua and 2000 dollars a year shall bj levied each year hereafter tor for the payment of interest on eaid bonds ste 7 it is further ordained that at tho the expiration of fifteen years after ilia il issuance lInce of said bonds troje ethcie shit be set get apart a and appropriated andua annuala tile the slim sam of f eig eight thousand lS ItS to bollara lars as a sinking fund to pay the principal ot said bonds ads as tile the same shall ft it 11 due lie providing that nothing herebi c inta ined shall be construed to prohibit tile the city cita council abany at any time from matin tiny any other provision for the redemption of said bonds as they fall due sic 8 ani it is further ordained ordain eI that there shall be levied annually each year ar hereafter sufficient taxes to meet said aid ampro appropriations riat ions sec V it at is further ordered that said bonds leonds shall be delivered to the purchaser thereof its as follows donda bonds to ito 1 to 20 inclusive shall be delivered and the proceeds of the sale thereof shall be applied first to the payment of the floating ll indebtedness ot of the city theretofore e incurred in the c construction of said water m works system and then outstanding and when so applied or a sufficient amount thereof to liquidate said indebted indebtedness nessi and the said evidences of said indebtedness duty duly cancelled then the remainder of said bond t to nit CT it douds bonds no 21 to 40 0 inclusive shall be delivered site 10 the ordinance entitled au an ordinance to provide money for or the construction st ot of water IN works 24 approved november irth 1892 2 and the hie ordinance entitled an ordinance amending art an ordinance entitled an ordinance to provide r money forthe for the construction of water V ater works approved december 1892 and all other ordinances in conflict 11 herewith are hereby repealed SEC ii 11 this ordinance shall tako take effect imme immediately diatel y upon its passage passed March ith A 1 1 I 1893 0 K E 1 president of the city council approved blatch gab A k 1 U 1803 JAMES ATTEST of login bogan city PIE OVAL TERRITORY OP OF UTAH I 1 COUNTY oy OF ss loa 1 4 V CITY 1 idolph Idolph andorson Anderson city recorder in aad anil for logan city coun county ty of cache territory of 0 utah do hereby certify that the foregoing is a full true and correct copy of 0 an ordinance entitled an ordinance to provide money for the construction of water works passed by bv the city council ot of said city on tile the sixth day ot 0 march A U D ISO 1893 and approved 1 by the mayor of 0 said city on the same date As aa witness my iny hand arid ami the corporate t sent eoal of said logan city this sixth da day of march A 1 D 1803 amruso I 1 city recorder SEAL |