Show Ordinance No 11 e An Ordinance AN ORDINANCE PROVIDING FOR THE ISSUANCE OF SPECIAL SPECIAL SPECIAL CIAL IMPROVEMENT n NT BONDS AGAINST THE TIlE FUND CREATED CREAT CREAT- ED BY THE TIlE LEVY AND AS ASSESSMENT ASSESSMENT ASSESSMENT AS- AS OF A SPECIAL IMPROVEMENT IMPROVEMENT IMPROVEMENT IM IM- IM- IM PROVEMENT TAX FOR SIDEWALKS SIDEWALKS SIDE SIDE- WALKS VALIS IN PART OF MAIN STREET SIDEWALK PAVING DISTRICT NUMBER 1 WHEREAS the city council of Manti City Utah has heretofore heretofore heretofore here here- published notice of its intention to make certain improvements im improvements improvements im- im consisting of concrete concrete concrete con con- crete sidewalks in a part of Main Street Sidewalk Paving District No 1 and to levy and collect a tax x according to the frontage in feet upon the abutting real property property property pro pro- perty to pay the cost thereof and giving iving the boundaries 0 of of that part of said district in which the improvement was to be made describing the proposed work and giving the engineers engineer's estimate of the cost thereof and WHEREAS written objections to the making of such stIch improvements improvements improvements improve improve- ments were not filed by the owners of two-thirds two of the front feet of the property af affected affected affected af- af or by such im improvements improvements improvements im- im and thereafter the district having been previously created the improvements were ordered by the city council to be made and the work was advertised advertised advertised adver adver- for bids and thereafter a contract was duly let to The Johnson Company which was l the lowest and best bidder and WHEREAS the work has been completed accepted and approved approved approved ved and the exact cost thereof has been determined and apportioned apportioned per front foot and the levy made and and published and andall andall andall all proceedings have been token taken according to law v and WHEREAS the abutting pro- pro Bonds Numbered DC Nos 1 2 and 3 each No 4 Nos 5 6 and 7 each No 8 Nos 9 10 and 11 each No 12 Nos 13 14 and 15 each No 16 Nos 17 18 and 19 each No 20 Section 3 That the said bonds and the interest shall be payable payable payable pay pay- able at the Manti City Bank in Manti Utah and they shall be issued according to law and the ordinances of said city and in conformity with the provisions of Chapter and of Section Section Section Sec Sec- tion of the Revised Ordinances Ordinances Ordinances Ordin Ordin- ances of Manti City 1941 Section 4 That this ordinance shall take effect upon its passage passage passage pass pass- age approval and publication Passed by the City Council of Manti City Utah and approved ed by the Mayor thereof this day of May A. A D D. D 1959 E E. E a. a C. C Carlisle Mayor Attest Bart A. A Peterson City Recorder Seal Councilmen voting leA AYE YE Ned Madsen Reuben L. L Buchanan Wm Vm McFarlane C. C L. L Ed K Tooth Councilmen voting uNA NAY Y None perty owners portion of the cost of said improvements as levied totals the sum of and the treasurers treasurer's tax notices fixing the final date for payment has been published and mailed to the abutting property owners and to the occupants thereof and as a result there has been paid within the time allowed the sum of and it becomes necessary to issue bonds for the balance in inthe inthe inthe the sum of NOW NOV THEREFORE Be it it ordained by the city council of Manti 1 City Utah Section 1 That it is hereby ordered by the city council of or Manti 1 City Utah that special improvement bonds bonas of Manti ManU City Utah by said city to raise money with which to pay the cost and expense of the side side- sidewalks walks in that part of Main Street Sidewalk Paving District No 1 where said improvement has been made being that part lying ly lying ly- ly ing between Second South Street and Second North Street on both sides of Main Street and against the fund created by the levy and assessment of the special special special cial improvement taxes upon the abutting property within said district in the sum of Section 2 That said bonds shall be consecutively numbered number number- ed and in in form wording and color different so as to distinguish distinguish distinguish distin distin- them from other bonds of the city and shall be drawn payable to bearer and i issued sued in denominations of and except the fast last ast issued which shall be for the sum slim of of they shall be dated April 30 1959 each shall bear interest from its date until maturity at atthe atthe atthe the rate of four our per cent per annum and at nt the rate of eight per annum thereafter until paid the interest to be paid annually and having annual interest coupons coupons coupons cou cou- pons attached and maturing in five equal annual payments as near as may be as follows nominations Maturities May 1 1 1960 S May 1 1 1960 May 1 1 1961 S May 1 1 1961 May 1 1962 S May 1 1962 May 1 1 1963 S May 1 1963 May 1 1964 May 1 1 1964 |