OCR Text |
Show NOTICE OF BONDS TO BE ISSUED NOTICE IS HEREBY GIVEN pursuant to the provisions of Sections 17-6-3.11 and 11-14-21, Utah Code Annotated (1953), as amended, that on December 3, 1981, the Board of Trustees of Maeser Water Improvement Im-provement District, Uintah County, Utah, accepted the offer of Zions First National Bank of Salt Lake City, Utah to purchase $250,000 General Obligation Bond Anticipation Notes dated January 1, 1982. Said Notes, pursuant to a resolution of the Board of Trustees of said District adopted on December 3, 1981, are to . be issued in anticipation of the issuance of $250,000 General Obligation Water Bonds for the purpose of improving and updating the District's water system, plus costs incurred in-curred in connection with the legal and engineering expenses of said improvements im-provements and the issuance of the Notes. The General Obligation Bond Anticipation Notes shall be issued in the form of a single Note registered as to principal only, dated January 1, 1982, and maturing on January 1. 1987, and shall bear interest at the rate of 12 percent per annum, said interest to be payable semiannually on January and July 1 of each year beginning July 1. 1982. Said Note may be redeemed in whole or in part on any interest payment date without premium or penalty at the option of the District upon ten (10) days written notice. A copy of the Resolution adopted on Dec. 3. 1981, by the Board of Trustees authorizing the issuance and confirming con-firming the sale of the $250,000 General Obligation Bond Anticipation An-ticipation Notes, dated January 1. 1982, is on file in the office of Clerk-Treasurer Clerk-Treasurer of said District, where it may be examined during regular tiiMness hours of. the Clerk Treasurer from R oo a m to 5 no p m for a period of at least thirty i in1 days from and after d;ite tit the publication of this notice NOTICE IS FURTHER GIVEN that a period of thirty i .10 1 days from and alter the date of the publication of this notice is provnk'd by law in which any jicrson in in-Iciest in-Iciest sliall have the right to contest the legality of the a b o v e d e s c r i h e d Resolution of the Board of Trustees adopted on IicccmW-r 3, 1981, or the $250,0 00 General Obligation Bond Anticipation An-ticipation Noll's of said District authorized thereby, or any provision made for the security 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 DATED this 3rd day of Docemlcr, 1981. WAYNE K. BULLOCK Clerk Treasurer Publsihed in the Vernal Express Dec. 17, 19H1 |