Show city bondi one nd 11 I 1 howard dollars affire per ceni aden galy bonds for sak lie undo signed III receive bids abis t in ogden city atall ln ill 12 noon of tile day of july 1883 for the of que hundred lupon bond of the I 1 alloy of one I 1 arp hearing interest at the rate of live ley cent per annum payable semi it n dually oil the day at Janna t lie day of july of vach i car ut tile american gatio lull bank new york city bbate of no york file principal of sala bonds shall b P afable m athin twenty I ears front the d ate of their issue at the city trefor frers otrice ogden city but a re e deomatie deo matle after ten years at tl r e Plea RUTO of tile city connill COU nill it is pro aided by ordinance that out of I 1 lie revenues of tile city for tire year and annually thereafter there shall bt set aside sufficient funda to pay ton of the said bonds and tile I 1 aich funds aill be placed in the city treasury and there held for that and no other purpose it is also provided that whenever wb enever after tea years from the data of their issue there shall be sufficient funds in the treasury set aside for that to pay ten of said bonds ier in thereon the recorder if ogden t is a vort 0 t e act for at least t airty aye in one or more of rs publish ed daily antho ity of ew 7 ork and ogden cil u ber ortho bonds abic she city wishes to redeem numbering them in the order of their and commencing with the highest number then outstanding and stating the date when they will be paid and if the bonda so numbered shall pot be presented presen teI for payment at tile alne stat then the funds shall remain edh in the ands of the treasurer to pay said bonda when presented but tile bonds shall draw no interest after tile ex ra OTI 0 a me s a ei n ie advertisement TI to city council ro serve the right to reject any and all bids and to reserve from immediate deli rory any not exceeding fifty of fuld bonds until the city ahall need tile funds the said bonds so to aro not to be paid for nor to arit interest until delivered th a said bonds are issued for tile purpose of making public improvements the city has no other handed indebtedness ind Is limited by law in its borrowing capacity to four per eat of its taxable va lution as shonu the last assessment of its taxable property for territorial and ur ses A n attempt to nde tein e ayes thereof is declared void those bo rid s are exempt by ordinance from taxation for city PUT p oses J sr city recorder Le corder crry utah june oth 1888 dalo im |