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Show AN ORDINANCE AN ORDINANCE PROVIDING FOR THE PLACING BEFORE THE QUALIFIED ELECTORS OF CEDAR CITY, UTAH, THAT SHALL HAVE PAID A PROPERTY PROPER-TY TAX IN THE YEAR NEXT PRECEDING ELECTION. THE QUESTION OF INCURRING GENERAL OBLIGATION BONDS IN THE SUM OF $110,000.00 FOit THE PURPOSE OF PURCHASING PURCHAS-ING THE ESCALANTE HOTEL PROPERTY IN CEDAR CITY, IRON COUNTY. STATE OF UTAH. WHEREAS, the City Council of Cedar City, Utah, has passed a Resolution accepting the proposition prop-osition of Union Pacific Corporation Corpora-tion and Utah Parks Company, offering to sell to Cedar City Corporation the Escalante Hotel property in Cedar City, Utah, for the sum of $110,000.00, said property prop-erty being described as follows: All that part of Block 3G. Plat "B," Cedar City Survey, described as follows: Begin, ning at the northeasterly corner of said Block 36; thence southerly south-erly along the easterly line of said Block 36, a distance of 259.0 feet; thence westerly parallel par-allel with the northerly line of j said Block 36 a distance of 396.0 feet, more or less, to a point on the westerly line of said block; thence northerly along the westerly line of said j Block 36 a distance of 259.0 feet, more or less, to the northwesterly north-westerly corner of said block |