Show ORDINANCE NO an ordin ordinance ace arce authorizing the issuance of interest bearing coupon bonds of the city of roosevelt utah in the sum rf ct for the purpose of burcl purchasing asing the works work s and system of the roosevelt water Ks Corn company pany a cor fa por atop ta and i i and and i efte extending riding the samen same N an n d levy ta 1 inga ing 0 a special i taxi tax to 6 provide 1 i for interest and cre carels i a sinking ing V fund for the same sa me section 1 the city council of khz city of roosevelt utah is hereby authorized ai homad to issue and is isue issue ue irl inIc crest Test beams bea in coupon wilds bb ads of the said aid city in th ahe e sum suai of twelve thousand five hundred 1250 ablard do ab Jars lars to b dated july 1916 in anor i nations r cf f five hu arc 6 amo SOC dolls dol is each ard bearing interest at 6 per cen benl ps pe annum hi interest terest payable semiannually semi annually both principal and ira crest payable at 1 th tha roosevelt banking cani compan roosevelt uta h the slid saia bond boydst shall be dus and payable at the OP option to i D I 1 of said city chy ten 5 ears after date and abao absolutely cutely due and payable years after ill lh cr erate rate the money provided bythe by the sale of the said 00 worth of ct bonds shall be used by I 1 ahe lie city of roos roosevelt velt forthe purposes of purchasing the an and i system 0 of the roosevelt waterworks Water works company I 1 md and improving ff and extending the same in pursuance of authority 1 I viii the said city by the qualified d taxpaying electors thereof at a special election h held eld in in the sai city on the day of february 1916 at which election the quenion que tion of issuing the said bonds ass w s submitted to the vote of the said electors 1 sec 2 the city council of the said city of roosevelt shall during tle the month of july of each year until suds bonds are paid in full levy according to law a special tax on all the real and tl fl taxable by law lav wi hin the iha 1 iiii fihs ihs s 0 S the said city sarn chent to pay the ll 11 e interest on s tie jd bends ns as it becomes due and crt create eaic si ilig fund to pay the 1 princ pal on sain b bonds 0 ads when they become due sec I 1 3 A special tax of 3 on en every dollor rio clr of aspiss sd valuation of cf property LY 1 both teal leal arid aria personal peri ional ruthl within I 1 the airm limits ts of cf the city of roosevelt r t utah ard and made taxable by la law w Is is hereby levied for the year 1916 to I 1 provide morey ey for the payment of tle the Int interest crest en cn said byear year from july 1916 16 and to create a sinking fund for the sa said tl bonds 1 this ordin ordnance ince shall take effect epou its approval and due public publication aion in in the the roosevelt standard a c cealy newspaper passed and approved by tle city council of the city of roosevelt this day of july 1916 Q 0 H BRACKEN attest mayor J 0 KING seal sea city recorder |