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Show ? KOTOS LEGAL - N. amount of principal of the'.onds to be redeemed gate revenue bonds pursuant to the ordinances $500jPP0.00 of the of said bonds and of the City designated "City authorizing Water Ordinance No. ORDINANCE NO. 1959-- 4 . an ordinance . CITY or FUNDING REVENUE ' concerning the AND AND SEWER RE- . BONDS, SERIES APRIL 1959, AUTHORIZED BY THE AND TAXPAYING ELECTORS BY ORDINANCE NO CON- -, 1959-- 1, DITIONALLY ADOPTED THE 15TH 1, t DAY OP JANUARY, 1959, AND APPROVED BY THE LEGAL VOTERS OF THE CITY OF BLANDING THE 17TH DAY OF FEBHUAKY, 1959 BY RATIFYING ACTION TAKEN NOT INCONSISTENT HEREWITH! BY DIRECTING THE REDUCTION OF INTEREST RATES ON CERTAIN OF SAID BONDS! OTHERWISE EXECUTING THE PROVISIONS OF SAID ORDINANCE' NO. 1959-- 1, INCLUDING WITHOUT LIMITATION AUTHORIZING THE ISSUANCE AND DELIVERY OT BONDS IN THE ; ' 1-- rf t L PRINCIPAL AGGREGATE or $50o,ooooo ISSUE! AND IN DETAILS BY in the sum of $268,000.00 to be applied toward the improvement of the system, as provided in said Ordinance No. PRESCRIBING WITH AND PROVIDING WHEREAS, duly and; . 1959-- sub- of Ordinance No. the proceeds there- by 1 until may be expeditiously mitted te the qualified voters in further effecting the authorof the City of Blandlng, San ized purpose; and Juan County, Utah, at a speoial elootion en the 17th day of WHEREAS, at the request of the February, 1959, a proposal for & Qrmsbee Kirohner, the approval of Ordinance No. City, Colo1959-- 1, adopted Inc.,. of Wiesner, the City Counoil of said City on the 15th day of January, 1959, subjeot to the approval of said voters ; and by rado, there was duly submitted to the qualified lng electors of the', City of ! Bl&nding at a speoial bond election held on the 17th day of described, issuing ; in said described 1959, the question of the bonds as described No. Qrdlnanoe 1959-- and 1, WHEREAS, that is. Joint eleotrie, water also No. 1959-- 1, have of bonds those in said Seotion 10B; said purchasers have agreed to a reduction in Interest rate, from five per centum ($) per annum to four and sewer refunding and improvement revenue bonds of the City in Denver, agreed to acoept delivery, on or about the first day of April, 1959, of the bonds in the aggreamount of gate principal as hereinafter $500,000.00, WHEREAS, February, applied the purchasers of those described in Section 10.B bonds of Ordinance the aggregate principal per centum (4$) per annum, on of $800,000.00, for the those bonds hereinafter depurpose of reminding bonds in scribed maturing in. each of the the aggregate principal amount 1965 to 1973, both incluyears of $38,000.00 of the City's outwhich are to be delivered Water sive, and standing Eleotrie on the first day of April, 1959; Revenue Bonds, dated August 1, and 1947, reminding bonds in the aggregate principal 'amount of WHEREAS, such a reduction will $194,000.00 of the City's outdecrease the Interest standing Sewer, Power and Water greatly Revenue Bonds, Series 1954, and burden of the City. amount the improving water electric, system! and sewer and BY - SAN BLANDING, UTAH: the 23rd day of JUAN COUNTY, 20-11- 20-11- -20 -6, muniolpal- - Joint electric, water and sewer system and toward' re- pursuant to Sections WHEREAS, and funding 20-11-- 23, the outstanding No. 1959-- 1 and de- ordinance to be and in full force and Seotion 2. That to effect the approved as the law of the City of purpose of Ordinance No. 1959-- 1 effect there shall be Issued and deBlandlng! and claring the livered to Kirchner, Ormsbee & Council did thereupon Wiesner, Inc., Denver, Colorado, the mailing and publics- - on or about- the first iday of i WHEREAS, direct tion of notice of prior - redemp- -! March 6 , 1959 74-8- 9. 6,000.00 7,000.00 8,000.00 90-1- 05 119-1- 35 136-1- 53 223-2- 43 284-3- 06 307-3- 31 352-- 37 ,25,000.00 26,000.00 5 5 378-4- 05 28.000.- 00 427-4- 55 '29,000.00 '3i,ooo.oo 456-4- 86 33.000.- 00 34.000.- 00 36.000.- 00 19.000.- 00 510-5- 42 543-5- 76 602-6- 37 638-6- 56 4 4 23.000.- 00 22,000.00 244-2- 65 1965 4 4 4 4 4 4 4 19.000.- 00 ;20, 000.00 21.000.- 00 187-2- 06 1963 1964 5 5 5 5 5 5 5 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 Section 3. That the officers of the City be, and they hereby are, authorized and directed to take all action necessary or appropriate to effectuate the No. provisions of Ordinance 1959-- 1 and this ordinance, including, without limiting the generality of. the foregoing, the printing of said bonds and the execution of such certificates as may be reasonably required by the purchasers thereof relating, inter alia, to the signing of the bonds, the tenure and identity of the municipal officials, delivery of the bonds and the receipt of the bond purchase ' 4 Section 4. That after any of the bonds herein authorized are issued, this ordinance shall be and remain irrepealable until . the bonds and the interest thereon shall be Hilly paid, cancelled, and discharged, as herein provided. This ordinance may be amended or supplemented in the manner and to the extent provided in Seotion 23 of Ordinance No. ' 1959-- 1. Section 5 That if any seoolause or tion, paragraph, provision of this ordinance shall for any reason be held to be invalid or unenforoeable, the invalidity or unenforoeability of such section, paragraph, clause or provision shall not affect any of the remaining provisions of this ordinance. That in the Section 6. of Counoil of the City opinion the 'City of Blandlng it is necessary to the peace, health and safety of said City that this ordinance shall take effect Immediately upon its passage, approval posting, and and is publication by that an emergency That declared. hereby immediately after its adoption, this ordinance shall be signed by the Mayor and City Reoorder and shall be reoorded in a book kept for that purpose and shall be posted in three publio places in said City. Passed by the City Counoil of the City of Blandlng and approved by the Mayor of said City, this 26th day of February, 1959. s (SEAL) Attest s Win. R. Hurst Mayor : Francis D. Nielson City Reoorder SPECIAL TO ., STUDENTS PER LINE ONLY 5 UNDER April, 1959, bonds in theaggre- - x pries and the absence of litigor threatened, ation, pending affecting the validity thereof, MINIMUM THIS OFFER OUTLOOK bonds Utah Code Annotated, 1953, the hereinbefore described, includlimitation the Mayor of the City of Blandlng ing without of notice of prior giving immediately following the canof outstanding bonds, vass did issue his proclamation redemption and same hereby the be, is, giving the whole number of votes conand approved ratified, and cast in the City for against firmed.Ordinance 53-- 67 WITH 25 February, 1959, the results of Seotion 1. That all action each said election were' duly not .inconsistent with this orcanvassed and by resolution dinance heretofore taken by the adopted on said date each elecCity Council and the officers of tion was declared to have the oarried by a substantial majo- towardCitythe of Blandlng direoted improvement of the and rity! 4.000.- 00 5.000.- 00 .'6,000.00 52 NOW, THEREFORE, BE IT ORDAINED THE CITY COUNCIL OF THE CITY OF on WHEREAS, Joint City's 38 39-- 168-1- 86 a savings in interest authorized was 1959-- 1; will be realized by deferring the delivery of additional bonds THIS DATE OF there WHEREAS, Sewer, Power and Water Revenue Bonds, Series 1954, and proceeds of Bonds, Series April 1 1959, CONNECTION THE FOREGOING; THE EFFECTIVE ORDINANCE. 12 25 AMOUNT or Series April ment it is s IMPROVEMENT BLANDING OUTLOOK Blandqg:. Joint Electric, and Sevrer Refunding and Improve- and 1; the cipal other respects the provisions of authorized Ordinance No. by Ordinance No. 1959-- 1; and 1959-- 1; provided, that said bonds to.. be so delivered shall WHEREAS, 'it is essential that numb;erpd, bear interest and there be available on the first be mature serially on the first day day of April, 1959, proceeds of of Aprjiyj each of the said Joint Electric, Water and hereinafter in designated, years as Sewer Refunding and Improvement Revenue Bonds, Series April 1, follows; 1959, in the sum of $38,000.00, Bond to be applied toward the refund- Numbers ing of the City's Electric and dated (All Revenue Water Bonds, Amounts August 1, 1947, proceeds from Maturing said Bonds, Series April 1, 1959, in the sum of $194,000.00 1960 2,000.00 to be applied toward the redem1961 13-00 3.000.ption of the City's outstanding 1962 26-'3,000.00 BLANDING JOINT ELEC- -. WATER TRIC, 1959-- Revenue Bonds, incumbent upon 1959 in the aggregate prinCity Council to execute in 1, .amount of $800,000.00, WHEREAS, . Page 8 t ion wow-ad- s HALF PR r For Advertisements Seeking After-scho- ol Work or Employment as Baby Sitter. |
