Show AIT AH ORDINANCE to mosey morey reetho construction st ct of water works lie he it ordained by the cit city y council of bagan city cache cach c county 0 u rity utah teri n citory I 1 tory SECTION gec no s 1 that lorty thousand I 1 dollars be borro borrowed med on oil till the clebit 1 f logan city in cliche county u alth ul il ti or ir the poo of of water works to be owned inifi anti control led by enid baid city and ami fur for the purpose burp pu rp of I 1 the indebtedness i baid aid i city heretofore incurred or which abich inn hereafter be incurred prior 0 gotlif the farle atle of its brinds bonds as hereinafter provided fur for in the fit construction of su fucci ch of water unter works SEC 2 that said money ny y the issuing of the negotiable coupon of said city to the hie onto of r forty arly ahm and dollars aadil vai I bonds to be in tile the denomination r of f one doll dolliro ara irn each and to bear interest at the rate of live five 15 5 per cent per anti lint to bo be payable is el annaia annuel y y according to interest cu coupons pon nt at iii abed fd to mid aid bonds bond ant and that ehlt said inn u 11 for the period of years and bo be absolutely went twenty Y aix 4 lit lioni lion their dates SEC 3 said bonds shall bo be known as ag calv water walar wo works r k a londa bonds Q crits A and shall be dated december ir 1892 fc arr r the stun of one thousand dollars each numb red from to tn forty inclusive and each of said eaid IB shall shaft bear coupons tor for the in t 1 so po arranged that they may be acde de q acied NN without litigation uti liti lation of the bonds said coupons shall bo be numbered from ne to forty both bolli inclusive ind and each i pm F hall be forthe lor alie sum of W twenty enty five dollars etc tc 4 1 I that said bonds shall be ignec by the mayor and city recorder and attested by the corporate seal beal of the city anti and the mayor anti anil city recorder irr hereby authorized to execute said paid bonds and the city recorder shall s sign ign sibil I 1 interest cougot 1 0 provided itow however ever eliat ali at liis his Sig sinna natine tuie to lo tile the said interest coupons may be evidenced by bv habinc lit iving ilis lithographic signature sic nature printed ole thereon acon i 1 i rn r 1 n 1 SEC 6 5 eacek kach of said ai I 1 bonds shall I 1 e in the folio aing form UNITED STATES or OF AMERICA TERRITORY OF UTAH LOCAN CITY WORKS NO A logan city acknowledges itt elf indebted and promises to topah pay to bearer I 1 alio lie sit enni m of one thousand ll 1000 Wj J dol ars united states mates gold coin of the alie p es cs mt standard of fineness arid and weight in the city of new york on december slit olst 1912 aith interest shercon llie reon brom the late date hereof at it five 5 per cent per an anguti payable ciui in like gold coin on oil tile day of june and the day of december of each year hereafter until the maturity thereof at tho the above said agency u pon the t lie presentation and surrender if he annexed coupons coupon sas as they severally become due arid and payable this bond is ono of 0 a series of forty blinds of one thousand 1000 do collais tat a pah authorized by subdivision 6 of t lof of article 4 of an all act of jan Ii I 1 ro roof of utah providing tor for the it of bf cities approved march lith 1883 1893 1755 of I 1 lie he compiled LO anui F oi tah of arid and issued in accordance cor dance with an ordinance of said eaid C ity duly july passed by the city council of said baid city arid and approved alie day ofIa ich A 1 D ldoa entitled an ali ordinance to to provide money for the construction of water boil Woi kell e and it is hereby certified that this hond bond arid and series of bondi and coupons aasand has and have been issued in full and conformity to and campli compliance ance with ane provisions of faid act arid and of said ordinance and that every step requisite to the issue of thie thia bond arid and said set acs ics of bonds his has been taken and fully complied with in strict conformity with the provisions of law arid and that all afi filings hava been done to entitle and enable the said city to legally issue this bond ts a and it is especially recited that the total indebtedness of said city of all kinds kinda bonded as well nell wt ai floating including chii issup isu eis is not in excess of an any limit of indebtedness imposed by act of Pore rpsa or tile legislature of said territory ju jn whereof thereof tile said cita has bas executed this bond under the official signatures of the ANI mayor I 1 clr and recorder ana and the seal of tile the said eaid city cita attached and by causing the ture turc of said recorder to be attached I 1 I 1 to each cach interest coupon hereto annexed as required by raid ordinance of logan city SEAL mayor mavor ATTEST city recorder and the said In interest Inte iest coupons shall he e in ili the alio follow follon ing foi ill IN no Q logan city in the territory of utah will pay the bearer on 7 at its agency in ill the city of new york the sum of twenty five 5 dollars in united states gold coin of the present standard of fineness arid and weight lie being in six interest on logan loean city water biond no series A dated december olst 1892 city recorder Hc corder SEC 6 it is further ordained that for of providing for the payment of tho iho interest on too the bonds bonda so authorized to be issued agthe as alie samo same shall become due the surn sum of one thousand couo dollars or orBo much theof as aa way inay become necessary is ia hereby appropriated p somi seini annually arid and that for tile purpose siu of raising 0 the sarrie samp taxes sufficient to raise raise th the uni sum of two thou thousand ua 00 J dollars si a year shall be levied id each 3 year ear hereafter for tile payment of interest inter eat on oil said bonds S sec re 7 it is further ordained that at tile the expiration of fifteen years after alio lie issuance of sald said bonds there shall lin set 11 part apart and appropriated annually the t be aum of eight thousand dal dollars ir as a sinking fund to pay the principal prin cipa of 0 sit said i d bonds as aa the same game chall fall due providing that nothing herein contained shall ile bo construed to prohibit the city cita council at any time from froin making adv an v other oilier provision dision tor for the redemption of af on said 1 I ba bonds ano J as they shall fall due sec 8 and it is further ordained that there shall be levied annually each year hereafter sufficient clent taxes to meet said app appropriations ro ria t on SEC a 9 it t i is further ordered that said bonds shall bo be delivered to the purchaser iier thereof ns As follows bonds to lo I 1 to 20 inclusive be delivered ind tho the proceeds of 0 the sale thereof ahal I 1 be applied first to the payment of tile hie floating floa tini indebtedness ednes ns 0 of tile city theretofore incurred in the construction of said water works system and then outstanding and when so HO applied or a sufficient ent amount thereof to liivat liquidate e said indebtedness arid and the sa bald evidences of laid eaid indebtedness einess duly cancelled then the j emainger ema inder of said bonds bonda to wit bonds no 21 to 40 inclusive shall be delivered site sc 10 the ordinance entitled an ordinance to provide rooney money for tile tiie construction st of water works approved No november ember ath 1802 1892 and the ordinance entitled an 0 ordinance amending an ordinance entitled an ordinance to provide provid e money for the construction of witter water works approved December Olst isitt awl and all other ordinances in con conflict t are hereby repealed r c 11 this ordinance shall take efrece ct immediately upon its passage pasted march uli ith A P D 1893 C E s president of tile the city Colin council cil approved Appi J ai ap pp loved oved march jtb A D 1 1893 JAMBS OtT QUAYLE AYLE ATTEST bayor 1111 of logan city ALO LIli ANDERSO A ci city ty recorder Ite corder 3 J I 1 or OP U kutait TA 1 COUNTY OF 0 F ca 1 SS 8 LOGAN CITY I 1 adolph anderson city recorder in and for lowan city county count of cache of utah do hereby certify that the foregoing is ia a full true arid and correct copy of an all ordinance entitled an ordinance to provide money for the construction of water works passed by the city council of said 4 ai d city on t fit eiith day of maich A 1 D iggi and approved by the mayos maycil of said city on oil the same date As witness my hand and the c corporate seal of baity said i logan ogan city this sixth day of march A 1 D 1893 adoldo ON i city recorder |