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Show ! 1 THE Section 11. That this resolution shall became effective lmswdlately hereto attsrhed to be tig with the facsialle signatures of said officers, who by the execution hereof do adopt aa and for their mm upon proper signatures their facsimile signatures appearing on each of said coupons, all a of the first day of Ma, 1973. its t of AND by the Boar of Trustoee of the box Elder County, Utah, this, 9th day of Aprl 1.1975. Town AOva TMt as? : Countersigned " attest: . - )J Clerk Town TOW SEAL) , day of 19 at VHEREAS to cause the facsimile of the seal of the town to be printed on each of said bonds and the acts of said President and Town Clerk in so doing are and shall be the act and deed of the Town of . Utah. The use of the Fielding . facsimile signature of the President on the face of the bonds is hereby authorized and approved as the authentic execution thereof. All of the statements, representations and agreements contained in said all of the recitals and representations of this resolution are hereby considered and understood, and it Is hlreby ordered that said covenants and promises therein are the covenants ' and promises of the' Town of , Utah, and that the Fielding representations and statements therein are the representations of said and declared That to pay the Interest falling to WHEREAS due on said bonds as this time; collected shall of said interest payment all for no other purpose whatsoever and of said bonds, and principal until a notice so contracted of so IDN0 Hospital Bonds herein authorized to of Salt Lake City t First Equities Corporation v 1990 7.751 THRU' 199S t.OOt CHAPMAN '' " ' bond according to this on to the punctual pledged & CUTLER YOU will pay all expenses incurred in obtaining said YOU legal opinion. The printed bonds are to be furnished by and at expense. yoyg (3) . be signed by all The so long as any 200 South Main Salt Lake City.Utah Rn.4in m 7.68333 or proposed thereunder, Including Sections 1.103-1- 3 and 4 of the Income Tax Regulations (!6 CFR Part 1), as the same presently exist, or may from time to time hereafter be amended, supplemented promulgated .103-1- however, to make any of such moneys permitted by state law If, when and to the extent that said Section 103(d) or regulations promulgated thereunder shall be repealed or relaxed or shall be held void by final decision of a court of competent Jurisdiction, but only if any investment made by investment section 8. That all proceedings, resolutions Its officers thla S 29,000.00 Oeneral Salt lake Tribune on The confirmed ratified, Section Msrclt 26 . 1975, arc hereby ; this resolution shall Leader, a newspaper published In the City of Tremonton, Utah, and . and for a Fielding circulation In the Town of thirty ' interest shall after such publication any person In the right to contest the legality of this resolution (30) days have, rely authorised or any provisions made for the security After such time no on shall have any cause or action to contest the regularity, formality or legality of this resolution or the bonds herein authorised for any cause whatever. or of the bonds ho and payment of such bonds. all resolutions or parts thereof In conflict art, to the extent of' such conflict, hereby repealed, and after said bonds ere issued, this resolution shall be end remain lrrepealable until said bonds and the interest thereon shall hava bean full pal's satisfied and discharged at herein provided. Section herewith . That be and the saw On the mentioned first is bond of and It la Elwood Hereby Resolved provision for the called payment thereof duly made, the Town of will . Box Elder County, Utah, Elwood and has been so then callable for redemption . Box Elder County, authority of Chapter 14 of Title Dtah: 11, Utah together with other municipalities In Box Elder County, Including the acquisition of land, equipment and furnishings therefor. Section 2. That said bonds shall be known as "Oeneral Obligation May dated , May , . lg,1975, and numbered Countersigned: held In the and countersigned ) That each of said bonds shall be signed by the President of . Utah. Elwood The use of tha representations and agreements contained In said of the recitals and representations of this resolution are hereby considered and understood, and It Is hereby ordered and declared that said covenants and promises therein are tha covenants all and promises of the Town of representations . Utah, and Elwood iEM of said town. 11 7 ' 8 2 6 1 8 1 Both 3.000 3,000 3,000 3,000 4,000 4,000 4,000 4,000 5,000 5.000 3,000 5,000 6,000 6,000 6.000 7,000 T.7S 7.75 '2,000 4 4 7.75i 1976 1977 1978 1979 1980 7.75-- .:B I98I 7.75 198? 198 I 1985 3986 1987 1988 1989 1990 7.75 7.75 7.7S .7.75 7.75 1.00 ' 1.00 1991 8.00 199? 6.00 1.00 (.00 i$ 1995 interest shall be payable in lawful money of tha United States of taarlea at Bear River State Bank In tha City ef Treawnton, Utah. principal and Boeala naakaraa to II . Inclusive, shall be subject to SJ tha right of tha town to redeem tha saste in inverse meeerlcal order on Mar 1, 1966, and on any Interest payment data thereafter at par and aocrmed Interest plae a Brealtsa of three par cent of tha (3) principal aeswit of each bond so eall.d for reeeatptlon. Notice of any audi reettion shall to given not lees than thirty (30) days prior to tha data fix for redemption by publication of an appropriate notloa one Urns lit a financial newspaper or Journal published in the City of lew tar., lev Tore, or Chleago, Illinois, and by aeglstered none . That tq pay the interest falling due on satd bonda as of tha POSITION desirable that this tlae and t at said election bar heretofore to be necessary bonda voted It been Issued ant delivered ant and Section and WHEREAS the result of salt election was declared by the swart of Trustees of said town, sitting as a Board of Canvassers, by resolution duly passed on July 1. 197, to have been In favor of salt proposition; ant that the and statements therein are the representations called Box Portage PTIO covenants, statements, and lawfully Shall negotiable coupon general obligation bonds of the Town of Portsat , Box Elder County, Utah, In the sum of nineteen Thousand Dollars (f IV 000. 00 ) bearing Interest it i rale not to exceed1 eight per cent (8K) and due and payable In not to exceed twenty-fiv- e (25) years rroa the date of salt bona, be Issued ant sold for the purpose of defraying part of the cost or acquiring, by purchase or construction, an Interest In the North Box Elder Coaarunlty Hospital to be located In Tremonton, Utah, and to be Jointly owned and constructed by said Town of together with other Port, municipalities in Box Elder County, Including the acquisition of land, equipment and furnishings therefor? facsimile signature of the President on the face of the bonds la hereby authorised and approved as the authentic execution thereof. All of the bonds and coupons, and Town of eee election duly bond ' Elder County, Utah, on August 6 1974, the following proposition was submitted to a vote of the qualified electors of said town: being by facsimile), with the facsimile seal of said town printed thereon, and the seld coupons shall bear the facsimile signatures of said officers. The President Is hereby empowered and directed to sign, and Town at a special of said President by the Town Clerk (the signature the act and deed of the IttSOLuTION authorising the Issuance and 11,000.00 coiinralng the sale of Oeneral Obligation Hospital Bonds of the Box Elder County, Town of Portage Utah, providing ror the levy of taxes to pay principal or and interest on said bonds, fixing the Interest rates to be borne thereby, naklng certain covenants and with respect to the use of the proceedsfindings of eald bonds, and ratifying actions heretofore taken. eee WHEREAS each, numbered 1 to 81. Inclusive, the same becomes due, and also to provide a sinking fund for tha payment paid at tha rate or rates hereinafter set forth, which said Interest shall of tha principal of said bonds at maturity, there shall be and is be payable May 1, 1976, and semiannually thereafter on the first days of May hereby levied on all taxable property In aald town. In addition to all ' and November of each year. Such bonda shall aature serially In numerical other taxes, a direct annual tax sufficient to pay the Interest on said order on May 1 of each of the years, be numbered and bear Interest as follows! bonds and to pay and retire the same as hereinbefore provided. Said BOND NUMBERS AMOUNT INTEREST RATE YEAR taxes when collected shall be applied solely for the purpose of tha . ' (Facsimile Signature) President 1, 1975, of the denomination of ,1,000 and shall bear interest from date until 2,000 2,000 .2,000 I A pay to the bearer Town Clerk to countersign each of said bonds and to cause the facsimile of the seal of the town to be printed on each of said bonda and the acts of said President and Town Clerk in so doing are and shall be by the Board of Elwoed PORTAGE unless the hereinafter day of the It That under 2 be published one time In of general period of Town 6 and approved. That and Horth Box Elder Community Hospital to be located in Tremonton, Utah, and to be jointly owned and constructed by said Town of Elwood -- Sale with respect to said bonds by the City Recorder of the City of In ratified Annotated, 1953, as amended, otherwise known aa the Utah Municipal Bond Act, bonds in the amount of 81,000.00 shall be lasued by the Elwood K" of Utah, for the purpose of defraying part of the cost of acquiring, by purchase or construction, an interest In the 51 Obligation Hospital Bonds, Including the calling, giving notice and conducting of the election authorising the Issuance of said bonds, the canvassing of the results thereof, and the advertisement of the Notice of Bond Tteaonton Trustees of the Be and agents taken In connection with the sale and Issuance of the aforesaid authorisation, and actions of THErgPQRE. Hospital Bonds," shall be dated virtue of such repeal, relaxation or decision would not, in the opinion of counsel of recognized competence In such matters, result in making the interest on said bonds subject to federal income taxation. Board of Trustees and be Code to be "arbitrage bonds", within the meaning of Section 103(d) of 195. " "tended, and any lawful regulations right, associates, confirmed; Section 1. the Internal Revenue Code of Board of Trustees reserves the and Approved by the Board of Trustees of the Town of Elder County, Utah, this 9th day of April, 19T5. of Coupon) above offer is hereby accepted for and on behalf ofc4he Of Salt Lake City effective lessedlately SEAL) shown hereon at Bear River State Bank in the City Utah, in lawful money of the United States of America, being the interest then due on its General obligation Hospital Bond, day of by the undersigned duly authorized officials. becoa ! Section 4. and AND . Box of Tremonton, In the opinion of the Board of Trustees, It le to the best Interests of said town that such hid be accepted and sale of such bonds to said The Continental Bank and Trust Company further covenants with the holders of said bonds from time to tine outstanding that of said bonds remain outstanding, moneys on deposit In The PASSED - thla resolution shall That adoption. hereof the amount WHEREAS any fund or account in connection with said bonds, whether or not such moneys were derived from the proceeds of the sale of said boqds or from any other sources, will not be used in a manner which will cause such or revised. Its resident (Faceimlle Signature Town Clerk section. and day of May, 1975- Section 11. Town Respectfully submitted, Continental BAnk & Trust Company B0,4.0.00 19 purpose and to the issuance of the bonds; and (6) to the best of the knowledge and belief of the Board of Trustees there are no facts, estimates or circumstances that would materially change the conclusions and representations set out in this purchasers , has caused Elwood its first as of the of Town (Form fO(Vipe President (It) said facilities have not been and are not expected to be sold or otherwise disposed of In whole or In part prior to the last maturity of said bonds; (5) all of the principal proceeds of the bonds are needed for the purpose stated In the form of bond prescribed, including expenses incidental to such certifies terms. upon and Gross Interest Cost $ ) Premium ( Net Interest Cost Effective Rate , work on the said facilities is expected proceed with due diligence to completion; Said Board of Trustees also After eueh tlae no one shall hava any cause or action to contest the regularity, formality or legality of this resolution or the bonds herein authorised for any causa whatever. officers, who by the execution hereof do adopt as and for their own proper signatures their facsimile signatures appearlngvon each of said to Thie bid is for prompt acceptance. said date being within three years following the date of issue of said bonds; to published In the City or Tremonton, Dtah, ant of general circulation In tha Town of elwood . ant for a period of thirty (30) days after Such publication any person In Interest shall have the right to contest the legality of this resolution or of the bonds hereby authorised or any provisions made for tha eecurlty Countersigned: As evidence of our good faith in submitting this bid,- we are enclosing herewith our check for $ to be retained by you in the event this bid is 1,620.00 accepted; but otherwise, to be returned to us immediately. Utah its The Leader, a newspaper Section 10. That all resolutions or parts thereof In conflict herewith be and the sane are, to the extent or such conflict, hereby repealed, and after said bonds are Issued, this resolution shall be and remain lrrepealable until said bonds and the Interest thereon' shall ' have been fully paid, satisfied and discharged as herein provided. bond the WHEREOF, the Oeneral authorisation, sale ant laauanee of the aforesaid 1 31.000 W Obligation hospital Bonda, including tha calling, giving notloa ant conducting of the election authorising; the Issuance of salt bonds, the canvassing of the results thereof, and the advertisement of the Notice or Bond Sale with respect to salt bonds by the City Recorder of the City or Tremonton In The Salt Lake Tribune on March 26 1975, are hereby ratified, confined and approved. Soctlon 9.. That thla raaolutlon shall be published on tlau) ia and payment of such bonds. principal of payment of the all proceedings, resolution ana action of this lta officers ant agents take, in connection with anal President and countersigned by lta Town Clerk (the signature of said President being by facsimile), with the facsimile of the seal of the town printed hereon, and the coupona hereto attached to be signed with the facsimile signatures of said this .l7 ' it being agreed that in the amount of not less than of its share :of the estimated total cost of said facilities: that over 85Jt (2) the Board of Trustees expects bonds will be of the spendable proceeds of said expended on or berore May 1, 1978, for the purpose of paying the cost of said facilities, ' The Interest IN WITNESS This bid ia made subject to the full unqualified approving legal opinion of Messrs. ' of Trustees represents and certifies that: (1) the said town will have incurred within six months after delivery of the bonds substantial binding obligations with respect to said facilities; said binding obligations comprising architectural contract with Design West of Logan 1 limit prescribed by the Constitution and laws of the State of Utah, Elwood and that the full faith and credit of the Town of are City of Elwood, Utah Obligation Hospital Bonds '! THRU City, Utah. that every requirement of law affecting the issue thereof haa been duly complied with, and that this bond Is within every debt and other and 1976 etton of Trustees Board It Is hereby certified, recited and declared that all conditions, acts and things essential to the validity of this bond and the iaaua of which it forms a part do exist, have happened, and have been done, and be The Board bonds .in such (Facsimile Signature) President devoted to and used with due diligence for the completion of the facilities for which said bonds are hereby authorized to be Issued. shall DEPARTMENT: (date) 1991 Jurisdiction, but only If any Investment aad by repeal, relaxation or decision would not, In the opinion of counsel of recognised eoapetence in such matters, result In asking the interest on said bonds subject to federal Income taxation. (30) days prior to the date fixed for redemption, by publication notice one time in a financial newspaper or Journal Lake Investment of such moneys permitted by stste law If, when and to the extent that said Section 103(d) or regulations promulgated thereunder shall be repealed or relaxed or ehU be held void by final decision or virtu of bonds of the Issue of which in Salt 4 a court of competent due. when principal on 1, 1986, coupons, of the sale of said bonds proceeds pay the Burrows, Smith and Company For all of the above named, legally issued bonds, as described in your Notice of Sale , which is made a part hereof, we hereby bid you par and accrued interest . Said bonds shall bear interest and - Q plus a premium of $ follows: mature Uth or proposed thereunder. Including Sections 1.103-1- 3 and of tha Income Tax Regulations (H6 crR Part 1), as the eaae preaently exist, or may from tlae to tlae hereafter be emended, supplemented or revised. The Board of Trustees reserves the right, however, to make any published in the City of New York, New York, or Chicago, Illinois, and by registered mail sent to the place of payment of the bonda and to Gentlemen: in accordance with the terms of sale. principal to hereby Irrevocably the purchase of said bonds, that said bonds, with the maturity schedule hereinbefore set out, bear interest at the lowest obtainable interest rate. The Town Treasurer is hereby instructed to make delivery of such bonds to the purchasers thereof as soon as may conveniently be and to That the to levy annually a tax sufficient to pay the Interest it falls due and also to constituted sinking fund will not be used in to be "arbitrage bonds" within the meaning of Section 103(d) of the Internal Revenue Cod of 1954, as aaended, and any lawful regulations any other sources, 1.103-1- covenants ana It Elwood or not such sal of said bonds or from manner which will cause such moneys were derived from the proceeds of the promulgated of an appropriate General and associates, at the price of par and accrued interest to the date of delivery plus a i.t; None Is hereby ratified and confirmed, it being hereby premium of $ found, determined and declared, after public advertisement for bids for receive payment therefor Board of Trustees of the Town of any fund or account In connection with eald bonds, whether bonds 9, 1975. thirty Trust Company City of Elwood, Utah General Obligation section. Said Board of Trustees also certifies and further covenants with the purchasers and holders of aald bonds rroa time to tlae outstanding that so long aa any of said bonds main outstanding, moneys on deposit In fixed for redemption, plus a premium of three per cent (3) of the principal amount of each bond so called for redemption. Notice of the call of any of the bonds for redemption 6hall be given not less than April 9. 1975 available for such purpose and such other funds shall be reimbursed when ' the tax levy proceeds become available . the bonds are (5) all of tha principal proeeede of form of want for the purpose stated In the to such prescribed. Including expenses Incidental s and bonds of the to and Issuance the purpose and belief of the (6) to tha east of tha knowledge Board of Trustees than are no facta, estimates or circumstances that would materially change the conclusions and representations act out In this needed principal of and interest or the United states of this bond is one maturing after' are subject to the right of said town to redeem the aae on May 1, 1986, and on any Interest payment date thereafter, in 1...- - 1 numerical order, at the price of par and accrued interest to the date of the City of Tremonton to sount mm .ran . wiunfon to proceed with Both resolution duly adopted by the Board of Trustees of said town on aprj.1 May 1975, of a Notice of Bond Sale in Bank and work on the aald facllltlea la expected due diligence to cemsletlon, a not expect (4) said facilities have not hem and are to be sold or otherwise dispose of In whole or la bonds aald of to the j last maturity part prior (3) annum, payable May 1, Stste of Utah, including particularly the Utah Municipal Bond Ac,, Chapter 14 of Title 11, Utah Code Annotated, 1953, as amended, v sufficient $81,000.00 per Hospital to be located In Tremonton, Utah, and Elwood and constructed by said Town of owned Jointly of said bonds be Issued and sold at sums That the sale of said $ 29,000.00 be this bond as Continental Bank and Trust Company Re; t) payment of principal together with other municipalities in Box Elder County, Including the acquisition of land, equipment and furnishings therefor, under and by. virtue of and In full conformity with the Constitution and lava of;"' resulting in the sale of such bonds at the lowest obtainable Interest rate, said bid being in full as follows: provided for to meet the interest on said principal thereof when due, are hereby appropriated for that purpose. Principal and Interest falling due at any time when there are on hand from the proceeds of the above tax levy insufficient funds, shall be advanced from other funds of the' town Section 7. to lnd associates, has been determined to for the purchase of said bonds, The par cent , day of May, 19 North Box Elder Community lsw required The Continental until from the date hereof effect, except as to maturity and option of redemption (and Thousand interest rate) aggregating the sua of EIGHTY ONE Dollars ($ 81.000 00 ), Issued for the purpose of defraying part of the cost of acquiring, by purchase or construction, an interest In tha be the highest and best bid submitted and to discharge the Section 6. , first ($1,000) on the DOLLARS this bond are parable In lawful money at Bear River state Bank In the City of Tremonton, Utah. bonda of Ilka date, tenor Thla bond la one of an issue of at said election have heretofore by the City Recorder 26 Utah Salt Lake City t for that purpose to the of said Interest and principal as the same respectively mature, and the levy or levies herein provided for may thereupon to that extent The , Elwood and inviting sealed bids for the purchase of 6ald on March be in the town treasury and available bonds of Town America The payment be diminished. on the bids received pursuant to such notice have been WHEREAS this resolution, principal and interest, shall have been fully paid, satisfied and discharged, but nothing herein contained shall be construed as to prevent said town from applying any other funds that It 81,000.00 tabulated and the bid of under may that the MESaVn coupons as they severally become) due. The Salt Lake Tribune, a newspaper published in Salt Lake City, Utah, and brought to the attention of potential purchasers; and respectively, the indebtedness t that THOUSAND has been determined to be necessary none of the bonds voted by publication be applied solely for the purpose of the on and lawfully called and and WHEREAS ONE The bonds has been advertised other taxes, a direct annual tax sufficient to pay the interest on said bonds and to pay and retire the same as hereinbefore provided. Said taxes when election duly . Box Elder bond been Issued and delivered and a sinking fund for the payment provide bcstd bpshtal 1976, and semiannually thereafter on the first days of May andswmssber in each year, such interest falling due on and prior to maturity payable only upon presentation and surrender of the attached interest Shall negotiable coupon general obligation Elwood . Box bonds or tut Town or Elder County, Utah, In tne sua of E,.hi p,, Pol lars (1st. 000 oj ) Thousand bearing interest at a rate not to exceed eight per cent (est) and due and payable In not to exceed twenty-fi- ve (25) years from the date of aald bonds, be Issued and aold for the purpose of defraying part or the cost of acquiring, by purchase or construction, an interest in the North Box Elder Community Hospital to be located in Tremonton, Utah, and to be Jointly owned and constructed by said Town ,'"ooi of together with other municipalities in Box Elder County, including the acquisition of land, equipment and furnishings therefor? and desirable of the principal of said bonds at maturity, there shall be and is hereby levied on all taxable property in said town, in addition to THESE BY interest thereon t the rate of and proposition; . Section 5. special sua of WHEREAS the result of said election was declared by the Board of Trustees of said town, sitting as a Board of canvassers, by resolution , 1974, to have been In favor of said July 3 duly passed on covenants, bonds and coupons, and the same becomes due, and also KEN with HE) position facsimile), with the facsimile seal of said town printed thereon, and the said coupons shall bear the facsimile signatures of said officers. The President is hereby empowered and directed to sign, and ' a Town being by each of said bonds and and Aueust Elwood of County, Utah, on was a vote of to submitted the t following proposition , 197, town: aald of electors the qualified held In the Section 4. That each of said bonds shall be signed by the President and countersigned by the Town Clerk (the signature of said President town. SXWOOO Elder County, Utah, for value received, hereby acknowledges Itself to be Indebted and promise, to pay to the bearer hereof taw confirming the sale of 81,000 General Collgatlon Hospital Bonds of the . Box Elder County, Town of Elwood ; Utah, providing ror the levy ofon taxes to said bonds, pay principal of and Interest fixing the Interest rates to be borne thereby, staking certain covenants and findings atlth respect to the use of the proceeds of aald bonds, and ratifying actions heretofore taken. Countersigned: (Facsimile Signature Town Clerk to countersign DOW ALL a ttaoumoa authorizing the Issuance 00 (Facsimile Signature) President the Town Clerk Of represents and certifies that: (1) the aald town will heme incurred within six monUu after delivery of the bona, sukstantial binding obligations trlth respect to said facilities, aald blading obligations comprising architectural eemeract with Peaaa west ef teen. Utah. In tne amount of nol less than ef lta share of the estimated total cost of aald facilities! over B5 Board Trustees that ef the aspect It) of the spendable preeesda ef aald bonds will ha expanses ea or before hay 1, 1978, for the of paying the coat or aald facilities, paarpoa said date being within three yeere following of Issue of eald bonds, date the of Trust Board Box ' . dated Hay 1, 1975, and numbered The ,1,000 ELUCOD , unless the hereinafter mentioned bond la then callable for redemption and has been so called and provision for the payment thereof duly made, the Town of Box Elder County, Dtah, will pay to the bearer Fielding hereof the amount shown hereon at Bear River State Bank in the City of Tremonton, Utah, In lawful money of the United States of America, being the Interest then due on its General Obligation Hospital Bond, first the shall COURT aarrxax OBUaanoa (Form of Coupon On ELSE! BOX Town Section J-- That the prime leal proceed ef the aala ef eald bleed, be devoted to matt seed with due dllUence for the completion of the facilities for which eald bonds are hereby authorised to he Issued. (form of mead) HTTO STATES 0 ABDICA arm or trtaa (Facsimile Signature) President 3-- A at Use lowest obtainable latnwl kerelawefore eat oat, hear latere rate. The Towm Treaaurer ia bereby in true ted to aha delivery of sea aaat to bones to the par etas esrs Ose of aa aooa aa may conveniently receive pa ant therefor la aceoraaneo with the terms of eel. payment Learn 3gtl i-- The attached shall ae GARLAND TIMES, May 8, 1975, Page E of the beads, sual to Burrowe, Salt city, stab, eald bone and the lataraat camspona the to substantially tha fol lowing form: r"Mr la alt adaption. ,assg) nail seat to the place LEADER-TH- haa been determined of said bonds be Issued and aold 11.000.00 at 1 a notice Inviting sealed bids for the purchase of said by the City Recorder of the City of Tresnnton March 26 by publication on 1975, of a Notice of Bond Sale in WHEREAS bonda has been advertised payment of said Salt Uke Tribune, a newspaper published in Salt Lake city, Utah, attention of potential purchasers) and WHEREAS the bids received pursuant to such notice have been Ptrst Equities Corporation tabulated and the bid Of and of Salt interest on and principal of aald bonds, respectively, for no other purpose whatsoever until the Indebtedness so contracted under this resolution, principal and Interest, shall have been fully paid, satisfied and discharged, but nothing herein contained shall be so Construed aa to may for that payment of aald Interest and principal that to tha purpose ' 1 11,000.00 The Oeneral Obligation Continents! Bank and Trust . and associates, at tha prloe of par and accrue! interest to tha data of delivery plus a realism of I Nop. is hereby ratified and confirmed, it being hereby found, determined and declared, after pub 11 a advert Isement for bids for Company the J .rchase of Salt Lake t lid bonds, Utah City . t tat e". ,unds, with l.,t u. ,ty .she. rule associates, has been determined to for the purchase of said bonds, bonds at the lowest obtainable Interest Utah and resulting In the sale of , , Lake City. be the highest and best bid submitted said bid being In levities first Crswiell as tha saaa respectively mature, and tha levy or levies herein provided for may thereupon to that extent be diminished. The suns provided for to meat tha interest on said bonds and to discharge tha principal thereof whan due, are hereby appropriated for that purpose, principal and Interest falling due at any time when there are on hand from tha proceeds of tha above tax levy insufficient funds, shall be advanced from other funds of tha town available for such purpose and such other funds shall be reimbursed when the tax levy proceeds become available, Section . That the aala of said Hospital Bonda herein authorised to and brought to the rat, prevent said town from applying ahy other funds be In tha town treasury and available The Oen. telle Sleg. 10 Wast rirel Seatk Wee City, tteh such full as follows let sit Tot Is Incorporated herein by this reference, we . plus accrued Interest le the dale el delivery which bonda are la each arid are le be dated 9v . r" -'- ( ff- iiati tsernfa'l' maturing aerially tn years and beerlmg iaceresl as Pursuant le your Nolle ef Sale, whltrl f,y t Tao the denomination of with Interest payablia payable at. nar t mj.i a lorfca4jr "'"' '" f follows: if' iff 1tt 9 tf fwV 9ff ff' 7 7 t 7 7 74-fi- 7 t |
