Show city bonds refunded at sav savings to city ot of in 6 and 41 4 percent bonds refunded at 31 percent interest john E Wis combo city recorder received word this week from the zions savings bank and trust company in salt lake city that all roosevelt Koo sevelt city bonds and coupons amounting to were in their possession and refunding had been completed in harmony with the instructions given by mr this refunding is the taking ull of worth of six percent bor Js s and worth of foin and a half percent bonds and issuing suin thereof of three and one quarter percent bondi bond will effect a net savings w when lien all fees and interests are accounted for in the tha amount 01 of approximately to the city of roosevelt lauren gibbs of salt lake city who was present at the cit city council meeting monday evening announced final negotiations had been completed the task of taking up the old bonds an aej 1 securing refunding at a lower r interest rate has taken three years of tedious effort and aad much of the credit for the measure goes to john E biscon wiscon be who has seen the thing through from the start to the finish pipe lino line to be laid mayor paul wilkins was authorized at city council meeting to employ a foreman and laborers to lay the pipe between the city reservoir and Second West street A project covering the labor label on this pipeline was submitted to the provo office but since no approval is forthcoming the city council decided to go abeal with the labor and work will get underway immediately A canvas of the city election last tuesday was taken and all winning candidates including george H harrison for mayor daniel F mitchell for four year councilman leo hanson lloyd labrum and E H peterson for two year councilmen john E recorder and arnold reef treasurer were declared elected |