Show an for tg dmn fir va it ordained by the aty counce ef city that for tile payment of present indebtedness of ilia city erecting city hall extension of water i arks and aiding the construction of a lem of sewerage ilia committee tee on finance of ilia council are beroby authorized zed and requested ta contract for the lithographing litho graphing of one hundred bonds of the denomination of one thousand dollars each and purporting to be the obligation of ofden cita seca ads aha be twenty years from the date their issuance they shall bear interest only from that day at ilia rate of five per cent per anjum payable semiannually semi annually on the day of july and the day of january of each year ht the american ex debango national danko new york city in the state of new york tile principal of said bonds shall be payable sit tile city sic S said bonds shall boar cen pons for ilia interest go arranged that they may be detached without muti lation of ill bond and all coupons for interest prior to talo date of their sale or issuance shall be detached before deliver y they shall contain a blank for data of their issue and when dated and signed by the and city recorder and attested by the corporate seal of tile city shall be its abl aaion for tile payment of u aich the faith and credit of the city Is hereby pledged sac 4 tile C ader is hereby directed to ado for it sale of said bonds by causing a notice to be published for a period of one month in daily newspaper in ogden city and at least ten insertions in a newspaper in new aorl in the tate of now york faial cief not ice shall specify the amount of bonds to be sold the rate of interest they shall hear ilia lay and hour tip r chica bala will be rec eirk by said recorder for tho imir disso of said bonds which shall be ten cayll after the expiration of inthe ogden city newspaper at the next meeting of the city council they shall receive dby tile re corder and award the of said bonds to the highest bidder but irr no case shall said bonds be sold for less than their par value and the accrued interest at the time of their disi provided that tile ta it h the right to reject any and and to reserve from I 1 m delivery any number not e x ce eding of said bo ads until the the funds the bald bonds so are not to a paid for nor to draw interest until delivered see ti there shall he set aside wit of ilia devenne of mid city aerni nanual lyl a si clent to on sa t rabo all interra a set aside ont of the seventies rev enties I 1 1898 and all anally thereafter a sur r to rev eu at least ten of bonds and ilia interest accrued there onto abul including the late of payment kc 6 the sald bonds shall be accepted lipon ilia express condition that tile citer may and it hereby r serves ilia ri to redeem bonds at any after ten years front the date of their issuance commencing with the last number and consecutively from the last or ill 0 o I 1 t and at tile rate t least ten bonds per SEC 7 whenever nevor after the ex ri ration of ten years irom ilia date of ile issuance of said bonds there shall he sufficient funds set aside to redeem ten bonds it ohal 1 the of tile city I 1 r t 0 di ortise dl n one or more of tile pers blaed at ogden 0 k v T tirl C IZ for ilia period of one in t h stating a number of the 1 n d s chic h tile city N ashes to redeem comm with ilia highest num bar or issued and cot 1 the olef in which they were numbered and issued also when andu here said bonds viii be paid and it buell bonds are not pi a sen payment at tile tim baco specified in bald advertisement the funds shall remain in the handa of the CRY treasurer with nil acl I 1 to them whenever presented but t io bonds shall draw no the expiration of the time dilated in the advertisement when will pay them sac 8 before any such bonds shall be paid they shall be pres to the city recorder who all 1 en dorse 0 a cacti bond tile amount due thereon write across the face th ere of the date of its presentation and by w hom presented it shall be the duty of the recorder to keep are a 11 the bonds issued shoeing giste tie date of issue rate of interest when whole and to whom payable aade of resent ment for 1 a by m hom pre be in a am due thereon SEC 0 the bonds issued tinder thop rov ong of this ordinance shall be pt from taxation brogden cit barig alador alayor of ogden city J seal cai recorder dex thomas J clavens Ile corder of 09 I 1 d en city hereby certify that the abobo and foregoing is a arno copy of la ordinance entitled An Ordinance pro viding for negotiating a loan for corporate purposed seg pawed in adne form by the city council of og don city an tile bill lay of juno AD as appears my loftice witness my hand and the corporate bagi of flits oth day of J n ne AS J seal city |