| Show FOR BOND BUYERS Information Doing Bent St Out for Their Consideration by City Recorder Circular letters are lr being sent lent out by h City n Ci to 10 probable bidden on the water ter and bond hond issue containing In tor lulUon concerning the tho bonded In Iii Indebtedness and the value alue ot of Its Is it Im Improvements hl A copy of at tho the letter giving sl giving ing tho the Information follows tolo Salt Lake City Ol Feb Keb 6 1005 1905 Tho Iho following Information tion lon Is in submitted In ill order that you may maybe maybe be bo In ill a n position to hid bid on the of bonds hoods by Bait Lake Lako City In 11 the sum um of ot i to 10 Increase anti Im lIlt 11 roe thin the water Wlter supply of said sold city mid to 10 n a II sewer ewer system In itt Inthe 11 the und tuitI western wester portions of ot mild Mil city Salt Luke Luike City was wal Incorporated In ISH 1811 and ld III In 1160 60 Population per por con ellis nus of ot 1900 Assumed present population Assessed value luo ot of taxable property for year 1504 1101 after correction by hy the board bORrI of ot equalization Estimated real rent valuation flooded Indebtedness ll General mid and water waterworks Wlter works worl 6 improvement bonds bond Floating debt none lO that Is III tint not ot covered covNer by II tho revenue of ot 1904 There Thero has huta been no n In either olther principal or Interest on oil Ol any uny bonds The me city has no 10 street Direct Improvement debt debt No debt No Xo school debt Independent corporation Assumed R for tor waterworks for tor last year cr 1 hiD Approximate value of ot other waterworks value of at wn wit tor hodR Approximate value of ot waterworks property 2411 Ap Approximate ApProxImate proximate value of ot sewer system lG I 46 8 31 value of ot street paving 66 Approximate value I IO of ot sidewalk paving 00 Value of ot lands city oily county building Parks s 66 1 FIre department In lit treasury December 31 1904 1004 Other Outer approximately Tho Thin Constitution of ot the State Stale of ot Utah MV XIV iv section 3 tho thin cIty olt to submit to taxpayers prop limp lo to lactIc Issue hands bonds Seton 4 limits Indebtedness to 10 Ii 4 per cent of o n IsHeR Hos od oll vaRiation and IU 4 per por cent additional for tor water lter light I aol and sewer Fun Tho IlIp court of ot the of ot Utah In Iii the tho case rase of IC tho thin people of ut tho the of ot Utah ex ox e mel W V 1 I 1 versus Ito tho city council counci of ot Knit Halt Luke Lake City It defendant Utah 1111 page 13 decided I ns M follows That under the Constitution the tho two limited powers lovers are Ire lIep unite Independent that the special limited power potter to Incur nn Indebtedness for fr ur water Unlit light and purposes Is absolutely within I t hi ii Its Is I a own IWO limits I I t a think that thata a IL I debt Incurred by tu b virtue thereof Is ad n to that restricted unit 1111 limited for tor or general purposes Tho rho Constitution took effect erect Jan 4 oa Total amount of l Indebtedness shire Incorporation ot of which there has hlll be beer u retired leaving now J 3 B S City Recorder I hereby certify that tho thin above state stale mont bent lont Is la true trite Ind correct to tho thio heat best helt of my july knowledge and J I B S Seal Heal lM City CRy Recorder |
