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Show NOTICE OF BONDS j. TO BE ISSUED I NOTICE IS HEREBY GIVEN pursuant pur-suant to the provisions of Section 11-1-2I, Utah Code Annotated 1953, as amended, that on June 5, 1990, Woods Cross City, Davis County, Utah, authorized au-thorized the sale of $1,700,000 Water Revenue Bonds, Series 1990 (the 'Bonds"), of said city, dated the date of delivery to the purchaser thereof, at the price of $1,700,000 (being a discount dis-count from par of 0). Each installment of the Bonds shall bear interest at the rate of five and one-half percent (5.50) per annum until maturity of s$ch installment, and thereafter each installment in-stallment shall bear interest at a rate of eighteen percent (18) per annum until paid. sThe Bonds, pursuant to a resolution of the City Council of Woods Cross Cjty duly adopted on June 5, 1990, are to. be issued for the purpose of paying part of the cost of acquiring, constructing, construc-ting, improving or extending water systems and other improvements, facilities or property used in connection with the collection, storage, treatment and distribution of water, and all costs incident to the authorization and issuance is-suance of the Bonds, including such legal, engineering and fiscal agent expenses ex-penses reasonably incurred in connection connec-tion with the acquisition and construction construc-tion of such water system improvement and extensions and issuance of such Bonds as may be properly payable from the proceeds thereof, and mature in one installment of interest only, payable January 1, 1991, and twenty annual in stallments of principal and interest, the final installment falling due on January 1,2011. A copy of the resolution adopted on June 5, 1990, by the City Council of Woods Cross City authorizing the issuance is-suance and confirming the sale of the Bonds is on file in the office of the City Recorder of the city, at 1555 South 800 West, in Woods Cross, Utah, where it may be examined during the regular business hours of the Ciry Recorder from 8:00 o'clock A.M. to 5:00 o'clock P.M. Said resolution shall be so available for inspection for the period of at least thirty (30) days from and after date of the publication of this notice. - NOTICE IS FURTHER GIVEN that pursuant to law for a period of thirty (30) days from and after the date of publication pub-lication of this notice, any person in interest in-terest shall have the right to contest the legality of the above-described resolution resolu-tion of the City Council of Woods Cross Ciry adopted on June 5, 1990 or the Bonds of said city authorized thereby, or any provisions made for the security and payment of such bonds, 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 13th day of June, 1990. " ALAN T. LOW City Recorder Woods Cross City, Davis County, Utah Jpublished in the Davis County Clipper OnJunel3,1990 Issue No. 19 c"31 |