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Show NOTICE OF BONUS I TO BE ISSUED j NOTICE IS HEREBY : GIVEN pursuant to the i provisions of Section 17-6-3.11 and 11-14-21, Utah Code Annotated (1953), as amended, that on August 6, 1980, the Board of Trustees of Ashley Valley Water and Sewer Improvement District, Uintah County, Utah, accepted the offer of Zions First National Bank of Salt Lake City, Utah to purchase $600,000. General Obligation Obliga-tion Bond Anticipation Notes dated September 1, 1980. Said Notes, pursuant to the resolution of the Board of Trustees of said District adopted on August 6, 1980, are to be issued in anticipaiton of the issuance of $600,000. fipneral Obligation Water and Sewer Utility Bonds for the purpose of improving improv-ing and updating the water system, plus costs incurred in connection with the legal and engineering expenses of said improvement and the issuance of the Notes. The General Obligation Bond Anticipation Notes shall be issued in the form of six fully registered Notes each dated September 1, 1980, each note shall mature on August 31, 1985, and shall each bear interest at the rate of 8.5, said interest to be payable semiannually semian-nually on March 1 and September 1 of each year beginning March 1, 1981. Said Note may be redeemed in whole or in part on any interest payment pay-ment date without premium or penalty at the option of the District upon thirty (30) days written notice. A copy of the resolution adopted on August 6, 1980. by the Board of Trustees authorizing the issuance and confirming the sale of the $600,000. General Obligation Bond Anticipa-tion Anticipa-tion Notes, dated September 1, 1980, is on file in the office of the Clerk of said District in Ashley Valley Water and Sewer Improvement District, where it may be examined during regular business hours of the Clerk from 8:00 a.m. to 5:00 p.m. for a period of at least thirty (30) days from and after date of publication of this notice. NOTICE IS FURTHER GIVEN that a period of thirty (301 days from and after the date " of the publication of this notice is provided by law in which any person in interest in-terest shall have the right to contest the legality of the above-described Resolution of the Board of Trustees adopted on August 6, 1980, or the $600,000.00 General Obligation Bond Anticipation Anticipa-tion Notes of said District authorized thereby, or any provision made for me seeurny and payment of such Notes, and that after such time, no one shall have any cause of action to contest the regularity, formality or legality thereof for any cause whatsoever. RAY E. NASH Clerk Published in the Vernal Express Aug. 14, 21, 28 & Sept. 4, 1980. |