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Show I f Page 4-- THE A, LEADER-TH- GARLAND TIMES, May E you are to furnish a certified ''aBacriaA of all documents and legl proceedings requisite to their issusnce and certificate in customary market delivery, including tne signature and form, avidestcing the legality mi said Securities and the security provisions relating 67-thereto to the satisfaction of s?f?S)A whose unuiulilicd approvi'). It.; jI ooiuiuu wit I be furnished at your expense in custaro-ttrform shall accompany did Securities at delivery, and said delivery ahali he nude to us within a reasonable period of time. Prior to Mr accepting delivwry of aid Sccaritics. y us immediately. It it, ni'ttu-tllunderstood nd agreed ali.it your rceptnce of this offer and the execution thereof Uy your ofiici.il thereunto duly authorized, shatll constitute a contract for purchase and sale of said Securities. Figure First equities day of Kay, 1975. PASSED , Facsimile Signature) ' President " " " first bond is the hereon shown (Facsimile Signature Town Clerk Section k. , and associates, be ratified at HIQUmw authorizing the issuance and coiiiirmlng the ule of J 22 000 00 Central obligation Ho.pl LI Bonds of the Torn of Spowlle Box Elder County, providing for the levy of to pay principal of ud Interest on Un: said bonds, ttxlng the Interest rates to be borne thereby, making certain covenants and findings with respect to the use of the proceeds of said bonds, and ratifying actions heretofore taken. A THEREFORE, Be Trustees of the It of Town It Is Hereby Resolved by the Board of box Elder County, Utah: Portage and Code Bond That under authority Town of , Utah. The use of the Portage facsimile signature of the President on the face of the bonds is hereby authorized and approved as the authentic execution thereof. All of the . Utah, for the purpose of defraying part of the of Portage cost of acquiring, by purchase or construction, an interest In the Rorth Box Elder Comnunlty Hospital to be located in Tremonton, Utah, and to be . by said Town of and constructed owned jointly 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 the covenants . Utah, and that the and promises of the Town of Portage covenants, statements, bonds and coupons, Portage together with other aunlcipalltles In Box Elder County, including the acquisition of land, equipment and furnishings therefor. Section 2, That said bonds shall be known as "General Obligation Hospital Bonds," shall be dated May 1, 1975, of the denomination of $1,000 each, numbered 1 to 18 . Inclusive, and shall bear Interest from date until paid at. the rate or rates hereinafter set forth, which said interest shall all and and statements therein are the representations representations of said That to pay the Section 5. interest falling due on said bonds as a sinking fund for the payment of the principal of said bonds at maturity, there shall be and is thereafter on the first days of May hereby levied on all taxable property In said town, in addition to all of each year. Such bondB shall nature serially in numerical other taxes, a direct annual tax sufficient to pay the Interest on said 1 of each of the years, be numbered and bear Interest as follows: bonds and to pay and retire the same as hereinbefore provided. Said be payable May 1, 1976, and semiannually and November order on May AMOUNT NUMBERS 1 3 4 t 7 a o l0 XI n n14 15 YEAR 7.00 7.00 7.00 7.00 7.00 7.00 7.00 18 this resolution, principal paid, satisfied and discharged, , inclusive, shall be subject. to the right of the town to redeem the same in inverse numerical order on May 1, 1986, and on any Interest payment date thereafter at par interest plus and accrued a premium of three per cent shall any such redemption be : City of New York, New York, or Chicago, Illinois, and registered mall sent to the place of payment of the bonds, and to Burrows, Smith and Company in Salt Lake City, Utah. That said bonds and the . attached shall be in substantially Form thereto coupons STATE OF OF Section 7. UTAH COUNTY OF MEN PRESENTS BY THESE that the BOND of Town ONE THWAND DOLLARS at the rate of 1976, and semiannually per cent ( thereafter on the first in each year, such interest falling due on and prior to maturity payable only upon presentation and surrender of the attached interest coupons as they severally become due. 18 effect, interest rate) aggregating Dollars ($ H. 000.00 the sum of owned moneys were derived from the proceeds bonds to be "arbitrage resolution duly adopted by the Board of Trustees of said town on April 9. 1975. covenants Portage sufficient to pay the and interest is on this bond as It falls due and also to constitute a sinking fund sufficient to pay the principal when due. The bonds of the issue of which this bond is one maturing after May 1, 1986, are subject to the right of said town to redeem the same on Kay 1, 1986, and on any interest payment date thereafter, in Inverse numerical order, at the price of par and accrued interest to the date fixed for redemption, plus a premium of three per cent (3J() of the principal amount of each bond so called for redemption. Notice of the call of any of the bonds for redemption shall be given not less than thirty (30) days prior to the date fixed for redemption, by publication of an appropriate notice published In the City of one time in a financial New York, New York, or Chicago, newspaper or Journal and Illinois, registered mall sent to the place of payment of the bonus and to Furrows, Smith and Company in Salt UXt City, Utah. by certified, recited and declared that all conditions, essential to the validity of this bond and the issue of which it forms a part do exist, have happened, and hav been done, and that every requirement of law affecting the issue thereof has been duly complied with, and that this bond Is within every debt and other llalt prescribed by the Constitution and laws of the Stat of Utah, art and that the full faith and credit of the Town of Portss It acts Is hereby and things whether or not such of the sale of said bonds or from be used in a manner which will cause such bonds" within the weaning of Section 103(d) of bj Revenue Code of 1951! or proposed officers, who by the execution hereof do adopt as and for their own on each of sold proper slgnAturee their facsimile signatures appearing 1990 1986 7 1987- - 141 7 7 7 7 7 7 7 7 7 141 141 141 141 171 121 1988 19ft t I 1991 1992 1993 1994 1995 To evidence our good faith, we enclose our check in the amount of If this offer is accepted, said rheck shall be held by you uncashed until delivery of said Securities, hut in the event of a breach by us In the performance of this contract, said theck mriy be cashed and the proceeds retained by you as full liquidated damages for such breach, and the cashing of such check in such event shall constitute a full release and discharge of all damages. If said bond attorneys are unable to approve said Securities, or in the event of a hrcich of this contract by you, said check shall bid is made for immediate acceptance or be returned to us upon demand. Th-rejection and if this offer U not accepted, said good faith check shall be returned to us immediately. First Equities In the opinion of the Board of Trustees, town that such bid be accepted and First Equities Corporation Salt Lake City and . on said bonds subject to federal Income Section 8. That Board of Trustees and authorisation, sale all proceedings, its officers and taxation. It of Town Section 1. associates, and It Snowville That under authority be It la to the best sal. of such ratified and of Chapter 14 of Title 11, Utah known as the Utah Municipal Bond Town of shall be Issued by the . Utah, for the purpose of defraying part of the purchase or construction, an Interest In the SnomviUa cost of acquiring, by worth Box Elder Community Jointly owned Hospital to be located In Tremonton, Utah, and constructed by said Town of Snowville 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 1 year. of each U. 000.00 Oeneral Leader, a newspaper published in the City of Treaonton, Utah, and , and for a of general circulation in the Town of Portigt The 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 author! ted or any provisions ade for the security and payment of Vuch bonds After such tine no one ahall have any cause of auch conflict, hereby repealed, and after said bonds are Issued, this resolution shall be and remain Irrepealable until aald bonds and the Intereat thereon ahall have been fully paid, satisfied and discharged as herein provided That this resolution lhall bteoete effective lnmedlately Section 11 upon lta adoptlona same are, to the extent INTEREST 1,000 1.000 1.000 1.000 1,000 1.000 1.000 1.000 1.000 1,000 1.000 1,000 1,000 1.000 1.000 1.000 1.000 1.000 2.000 2.000 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 Salt with respect to said bonds by the City Recorder of the City of Tremonton in The Salt Lake Tribune on Msrch 26 1975, are hereby and confined approved. ratified, Section . That this resolution shall be published bne tine in Such bonds AMOUNT NUMBERS resolutions and actions of this agents taken in connection with the and Issuance of the aforesaid thereafter on the first days of May shall mature serially in numerical of the years', be numbered and bear Interest tas follower be payable May 1, 1976, and semiannually BOND ! shall be given not less than to the fixed for redemption, by publication date days (30) prior thirty of an appropriate notice one time in a financial newspaper or Journal call of any of the bonds for redemption published In the City of New York, New York, or Chicago, Illinois, and by registered mall sent to the place of payment of the bonds and to Smith and Company In Salt Lake Cltv. Utah. Burrows, and things recited and declared that all conditions, essential to the validity of this bond and the issue of a part do exist, have happened, and have been done, and It forms that every requirement of law affecting the issue thereof has been duly complied with, and that this bond is within every debt and other limit prescribed by the Constitution and laws of the State of Utah,, are Snowville and that the full faith and credit of the Town of the to of the punctual payment principal of hereby Irrevocably pledged and Interest on this bond according to its terms. Dt WITNESS to bond the WHEREOF, be signed by its of Town , has caused Snowville President and countersigned by its Town (Facsimile Signature) President Countersigned : Clerk Town SEAL) (FACSIMILE (Form of Coupon) Number On the first day of Is then callable for bond mentioned , unless the hereinafter and has been so called j 19 redemption and provision for the payment thereof duly made, the Town of Snowville , hereof the amount Elder County, Utah, will pay to the bearer hereon at Bear River State Bank In the City Box shown of Tremonton, Utah, In lawful money of the United States of America, being the Interest then due on Its General Obligation Hospital Bond, 1, 1975, and numbered May . . Is Hereby Resolved by the Board of Utah! ( box Elder County, Annotated, 1953, as amended, otherwise Act, bonds In the amount of 22.ooo.oo order on order, at the price of par and accrued Interest to the date 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 numerical (Facsimile signature) President and November of each interest 1, 1986, are subject to the right of said town to redeem the same interest payment date thereafter, in Inverse on May 1, 1986, and on any Countersigned: (Facsimile Signature ) Town Clerk Section 4. That each of said bonds ahall be signed by the President and countersigned by the Town Clerk (the signature of said President being by 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 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 bonds and the acts of said President and Town Clerk in so doing are and shall be the t Be THEREFORE Trustees of the be May Corp. confirmed; to covenants and Is by Snowville to levy annually a tax sufficient to pay the Interest on this bond as it falls due and also to constitute a sinking fund sufficient to pay the principal when due. The bonds of the issue of which this bond Is one maturing after Respectfully submitted, Interests of said bonds to aald and 9, 1975. dated Tor infurmaliun only: FiRtires as of: ' tiroes Interest Cit, l.css I'rtni'im I'j.is niv'.u.tt Net ii'U-rv-; Cost Average H.u Code o officers, 381 581 certificate in customary market delivery, including the signature and form, evidencing the legality of said Securities and the security provisions relating thereto to the satisfaction of Chapman 4 Cutler whusc unqualified .ipt roving Icgil opinion will be furnished at your expense in customary m.irket form shall accompany said Securities at delivery, and said delivery shall be made to us within a reasonable period of time. MOW. Interest who by the execution hereof do adopt as and for their own proper signatures their facsimile signatures appearing on each of said coupons, all as of the first day of May, 1975. 5ai Prior to our accepting delivery of said Securities, you agree to furnish a certified transcript of alt documents and legal proceedings requisite to their issuance' and Of ud principal of Clerk (the signature of aald President being by facsimile), with the facsimile of the seal of the town printed hereon, and the coupons hereto attached to be signed with the facsimile signatures of said Jurisdiction, but only if any investment made by virtue of such repeal, relaxation or decision would not, in the opinion of counsel of recognized competence in such matters, result in making the a court of competent herewith be and the its 7 7 7141 7 14X 7 141 7 141 "ftEKEAS Bath resolution duly adopted by the Board of Trustees of said town on April this COUPQW Hospital Bonds," shall be dated May 1, 1975, of the denomination of $1,000 ach, numbered 1 to 22 , inclusive, and shall bear Intereat from date until paid at the rate or rates hereinafter set forth, which said Interest ahall President and countersigned by its Clerk (the signature of said President being by facsimile), with the facsimile of the teal of the town printed hereon, and the eoupone hereto attached to be signed with the facsimile signatures of said bond to be signed by 1980 1981 1981 1983 1984 1985 TEAK investment of such moneys permitted by state law if, when and to the extent that said Section 103(d) or regulations promulgated thereunder shall be repealed or relaxed or shall be held void by final decision of of action to contest the regularity, formality or legality of this resolution or the bonds herein authorised for any cause whatever. Section 10, That all resolutions or parts thereof In conflict this t7 couww 6 78X 6 781 7BX 6 781 is ni'iluilly understood .uid greed dial your .ictcplancc of this offer and the exec-tto- t) Hit rcunto thereof by your offiri-iauthorized, shrill constitute a contract for the purchase and salt of snid Securities.. hereby Irrevocably pledged to the punctual payment of the principal of and Interest en this bond according to its terms. , has oaused WHEREOF, the Town of Portage 2$. Town 176 due. la State of Utah, including particularly the Utah Municipal Bond Act, Chapter 14 of Title 11, Utah Code Annotated, 1933, as aswnded, and a which Pursuant to your Notice of Sale, which ts incorporated herein by this reference, we piu accrued interest to the date of delivery forCentrat , which bonds are in eacn and are 10 oa oaten way i. im the denomination of $ 10 and interest being with interest payable onHiy I. 176 4 Swleniwallyt.hBdfpjjncipal or. maturing serially payable at War tvr State Sank. Tret-aflfl of each of the following years and bearing intereat as on Mry 1 TEAK , effect, except aa to maturity and option of redemption (and Interest rate) aggregating the sum of Thousand Dollar ( 22,000 00 1. issued for the purpose of defraying part of the cost of acquiring, by purchase or construction, an Interest in the lorth Box Elder Cnamwinl ty Hospital to be located in Tremonton, Utah, and to be Jointly owned and constructed by said Town of Snowville acts will pay $ ibllowa; day of May, 19 It Is hrby certified, Ttrat Equities Cora. Crandall lld. Suit! I0 10 Vest First touts Salt Lake City. Utak 11 amended, and any lawful regulations thereunder, including Sections 1.103-1- 3 and 1.103-1- 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 or revised. The Board of Trustees reserves the right, however, to make any the Internal promulgated State of Utah, including particularly the Utah Municipal Bond Act, s amended, and a Chapter lb of Title 11, Utah Code Annotated, 1933 Board of Trustees of the Town of will not any other sources, 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 laws of the The proceeds of the sale of said bonds any fund or account In connection with said bonds, and constructed by said Town of m Portage law required to levy annually a tax with the terms of sale. purchasers and holders of said bonds from time to time outstanding that so long as any of said bonds remain outstanding, moneys on deposit in ) , and associates, has been determined to for the purchase of said bonds, resulting In the sale of such bonds at the lowest obtainable interest rate, said bid being in full as follows: Said Board of Trustees also certifies and further covenants with the Thousand EIGHTEEN issued for the purpose of defraying part of 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 That the principal section. except as to maturity and option of redemption (and and Utah the highest and best bid submitted 178 (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 like date, tenor bonds of be necessary of s.ld bonds be issued and sold at the bids received pursuant to such .notice have been First Equities Corporation tabulated and the bid Of associates, at the (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 purpose and to the issuance of the bonds; and Both principal of and interest on this bond are payable in lawful money of the United States of America at Bear River State Bank in the City of Tremonton, Utah. This bond la one of an issue of , and (3) work on the said facilities is expected to proceed with due diligence to completion; said facilities have not been and are not expected (U) to be sold or otherwise disposed of in whole or in part prior to the last maturity of said bonds; per annum, payable May 1, days of May and November have heretofore to WHEREAS of Salt Lake City. bond are parable this The Board of Trustees of the Town of . First Equities Corporation Utah of its share amount of not less than of the estimated total cost of said facilities, over &S Board Trustees of that the expects (2) of the spendable proceeds of said bonds will be expended on or before May 1, 1978. for the purpose of paying the cost of said facilities, said date being within three years following the date or issue of said bonds; ($1,000) on the first day of May, 19 , with Interest thereon from the date hereof until payment of principal of 22,000.00 at said election has been dete rained first law required March 26 publication on i975( 0f notice of Bond Sale in The Salt Lake Tribune, a newspaper published in Salt Lake City, Utah, and brought to the attention of potential purchasers; and 177 in the Portage Elder County, Utah, for value received, hereby acknowledges Itself to be Indebted and promises to pay to the bearer hereof the Box sum General Obligation $ 18,000.00 (1) the" said town will have incurred within six months after delivery of the bonds substantial facilities; binding obligations with respect to said architectural said binding obligations comprising contract with Design West of Logan, Utah $1,000 KNOW ALL be reimbursed when be devoted Portage OBLIGATION HOSPITAL GENERAL shall to and used with due diligence for the completion of the facilities for which said bonds are hereby authorized to be issued. The Board of Trustees represents and certifies that: shall AMERICA I TOWN and such other funds receive payment therefor In accordance N BOX ELDER be advanced from other funds of the town 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 the following form: of Bond) STATES UNITED Interest have been in favor of aald by price of par and accrued interest to the date of delivery plus a None is hereby ratified and confirmed, it being hereby premium of $ found, determined and declared, after public advertisement for bids for the purchase of said bonds, that said bonds,, with the maturity schedule (30) days t desirable that it and to the bearer hereof the may together with other municipalities in Box Elder County, Including the acquisition of land, equipment and furnishings therefor, under and by virtu of and In full conformity with the Constitution and lawa of the this time; and WHEREAS a notice inviting sealed bids for the purchase of said bonds has been advertised by the City Recorder of the City of Tremonton be so ( sums Hospital Bonds herein authorised to of Salt Lake City , Notice of prior to the date fixed for redemption by publication of an appropriate notice one time in a financial newspaper or Journal published in the Section fully nothing herein contained shall be the tax levy proceeds become available. Section 6. That the sale of said of the (3) called for redemption. given not less than thirty amount of each bond so principal The insufficient funds, shall available for such purpose to it 12 have been for may thereupon to that extent meet the interest on said to for provided bonds and to discharge the 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 be diminished. City of Treaonton, Utah. numbered but Interest, shall none of the bonds voted WHEREAS and the levy or levies herein provided Both principal and interest shall be payable in lawful money of the United States of America at Bear River State Bank in the Bonds and construed as to prevent said town from applying any other funds that may be in the town treasury and available for that purpose to the payment of Bald Interest and principal as the same respectively mature, 1993 7"14 when under 19Q? 1,000 1.000 J7 collected shall be applied solely for the purpose of the payment of said Interest on and principal of said bonds, respectively, and for no other purpose whatsoever until the Indebtedness so contracted taxes 1976 1977 1978 1979 1980 1981 1982 1983 1985 1985 1986 1987 1988 1989 1990 1991 I'000 ' U RATE ' 1,000 1,000 1.000 1,000 1.000 1,000 1,000 1.000 1,000 1.000 1,000 1,000 1.000 1,000 1,000 ' 2 INTEREST , proposition; and and the same becomes due, and also to provide 197. to been issued and delivered town. ) a July M to Twenty-Tw- of Trustees of said town, duly passed on Snowville value received, hereby acknowledges (il.OOO) on the DOLLARS of lawful money of the United States of America at Bear River State Bank in the city of Tremonton, Utah. This bond la one of an Issue of 22 bonds of Ilk. data, tenor on the result of said election waa declared by the Board sitting as a Board of Canvassers, by resolution WHEREAS THOUSAD Town and Dol lara (1 23,000.00 Three Thousand for Utah, that the PAESEVTS coupons aa they severally become t electors of said town: proposition Shall negotiable coupon general obligation bonds of the Town of Snowville , Box Elder County, Utah, In the sun of Twentv- - THESE payable only upon presentation and surrender of the attached interest bearing interest at a rale not to exceed eight per cent (84) and due and payable In not to exceed twenty-fiv- e (25) year. fro. the date of aald bonds, be issued and aold for the purpose of defraying part of the cost of acquiring, by purchase or construction, an interest in the north Box Elder Community Hospital to be located in Treaonton, Utah, and to be Jointly owned and constructed by said Town of Snowville together with other municipalities In Box Elder County, Including the acquisition of land, equipment and furnishings. therefor? the act and deed of the Town BQSFITAL BOO) with Interest thereto, from the date hereof until payment of principal at the rate of per cent ( 4) per annum, payable May 1 p 1976, and semiannually thereafter on the first days of May and Hovember in each year, such interest falling due on and prior to maturity .f the qualified 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 of Chapter Ik of Title 11, Utah Annotated, 1953, as amended, otherwise known as the Utah Municipal Act, bonds in the amount of $ I8.ooo.oo shall be issued by the Section 1. be signed by the President thereon, and the said coupons shall bear the facsimile signatures of said officers. The President is hereby empowered and directed to alajn, and the Town Clerk to countersign each of said bonds and to cause the confirmed; WOW, shall BT be Indebted and promises of OH sum a special bond election duly and lawfully called and held in the Town of Snowvilv Box Elder County, Utah, on August ' 197, the following proposition was submitted to a vol. ) MFJI o Elder County, Itself to Bear River State Bank In the City That each of said bonds nXW ALL Sf.'OWVILLE and countersigned by the Town Clerk (the signature of said President being by facsimile), with the facsimile seal of said town printed and SNOWVILLE OBUCATIOI GEHEHAL AMESICA UTAH COURT ELDEA TOW OF of da HE"EAS Utah OF form: 11.000 unless the hereinafter Mentioned then callable for redemption and has been so called and provision for the paynent thereof duly nade, the Torn of , Box Elder County, Utah, will pay to the bearer Portage On Countersigned: Of Salt Lake City la substantially the followlna (Fan of Bond) a jToua Clerk (Pont of Coupon) (Facsimile Signature) President In the opinion of the Board of Trustees, it is to the best interests of said town that such bid be accepted and sale of such bonds to said First Equities Corporation ahall MI ly WHEREAS attache ciefS"" Town (rACSIHIIX SAL Cost liO-f- PorUae STATE l'l.t llisioirit Nc-- ; OTITIS STATES OF of Treaonton, Utah, in lawful noney of the United States of Anerlca, being the interest then due on its General Obligation Hospital Bond, . dated May 1, 1975, and numbered Corp. APPROVED by ta Board of Trustees of the Town of Elder County, Utah, this 9th day of April, 1975. AJTD Box Countersigned : hereof the sjoount Respectfully submitted. C(t first the J To evidence our good faith, we enclose our check in the amount 3&Q If this offer is accepted, said check shall be held by you encashed until delivery of said Securities, but in the event of a breach by us in the performance of this contract, said check snay he cashed and the proceeds retained by you as full liquidated damages for such breach, and the cashing of such check in such event shall constitute a full release and discharge of all damages. If said onn attorneys are unable to approve said Securities, or in the event of a breach of this contract by you. said check shall be returned to us wpno dernind. This hid is made for immediate acceptance or rejection and if this offer is not accepted, said good faith check shall be returned to fjfOS Interest u of all coupoas of $ only: l ot 4nfurmatioti a of: 1975 3, 2 RATE YEAR 1976 1977 1978 1979 1980 1981 198? - 78 7.00 7.00 - 14 1985 1985 1986 1987 1988 1989 1990 1991 199? ' the act and deed of the Town of Snowville . Utah. The use of the facsimile signature of the President on the face of the bonds la hereby authorised and approved as the authentic execution thereor. All of the covenants, statements, representations and agreements contained In said and all of the recitals and representations of this resolution are hereby considered and understood, and It Is hereby ordered bonda and 'coupons, and declared that said and promises of the covenants therein are the covenants . Utah, and that the and statements therein ar the representations of said representations Town of and promises town, 3'ctlon ths tarn . That to pay the Interest falling becomes due, and also to provide due on said bonds as a sinking fund for the payment of the principal of said bonds at maturity, ther shall be and Is hereby levied on all taxable property in said town, in addition to all other taxes, a direct annual tax sufficient to pay the Interest on said to pay and retire the same as hereinbefore provided. Said collected shall be applied solely for the purpose of the payment or said Interest on and principal of said bonds, respectively, and for no other purpose whatsoever until the indebtedness so contracted bonds and taxes when this resolution, principal and Interest, shall have been fully paid, satisfied and discharged, but nothing herein contained shall be so sonstnatd a to prevent aald town from applying any other fund that under may be In ths town treasury and available for payment of aald interest and principal a that purpoa to the the seas respectively mature, thsreupon to that extent be diminished. The aiaas provided for to west the interest on said bonds and to discharge the principal thereof when due, ar hereby and the levy or levies herein provided for may loth principal and Interest ahall be payable in lawful money f the United States of America at Bear River Stat. Bank In the City sf Tremonton, Utah. appropriated for that purpoa. Principal and interest falling due at any tla whan there ar on hand from the proceeds of the above tax levy Insufficient funds, shall be advanced from other funds of the town II to tl . inclusive, ahall be subject to one maabered the right of the town to redeem the isae in lnverss numerical order on May 1, 1966, and on any lntsreit payment data at par and Mara, interest plus a premium of three per cent (3X) of the principal aaount of each bond so called for redemption. Notice of available for auch purpose and such other funds shall be reimbursed when shall be given not lets than thirty (30) day fixed data for redemption by publication of an appropriate the ta prior notloe an time in a financial news paper or Journal published In the prle of par thraftr any ok redemption etty of New York, Nsw York, or Chicago, Illinois, and by registered mall sent to the plac of payment of the bonds, and to Burrows, Smith and Company in Salt Lax City, Utah. aestlon J. T"' bonds and the Interest coupon thereto . Snowville ths tax levy proceeds become available. 22,000 Oeneral Obligation Section 6. That the sals of said First Equities CorporsMon Hospital Bond herein authorised to u c"7 . "" and associates, at th. of and aoorued Interest to th date of delivery plus a 1 Wens of hereby ratified and eonflrmd, It being hereby premltss found, determined and declared, after public advertisement for bids for the sureties of said bonds, that said bonds, with th maturity schedule hereinbefore set out, bear Interest at th lowest obtainable rat. Th Town Treasurer 1 hereby Instructed te make delivery of such lntrtt bond to th purchasers thereof a soon a nay conveniently be and to ' |