170 of 1976 - Amending Bill No. 162 of 1976, dated October 12, 1976, levying a tax for the assessment of property BOLL GALL
VOTING Aye Nay Salt Lake City,Utah, October 28 ,19 76
Mr.Chairman /
Agraz I move that the Or inance be p e�d.
Gre-
// W<U64 re///:AW
Ho• sen
Phillips
Result l A ORDINANC
1/
AN ORDINANCE AMENDING the ordinance levying a tax for the assess-
ment of property (Curb and Gutter Extension No. 480) designated as
Bill No. 162 of 1976, passed on the 12th day of October, 1976.
Be it ordained by the Board of Commissioners of Salt Lake City,
Utah:
SECTION 1. That that certain ordinance levying a tax for the
assessment of property in Curb and Gutter Extension No. 480, desig-
nated as Bill No. 162 of 1976, passed on the 12th day of October,
1976, be, and the same hereby is, amended by amending Section 3
thereof to read as follows:
Section 3. That said tax shall be payable in ten (10) yearly
installments as provided by law and ordinance with interest
on the whole sum unpaid at the rate of seven percent (7%)
per annum payable at the time each installment is due; provided,
however, that one or more of such installments in the order
payable, or the whole tax, may be paid without interest within
fifteen (15) days from the date this ordinance, as amended,
becomes effective. After said fifteen (15) day period, all
unpaid installments of an assessment levied against any piece
of property (but only in their entirety) may be paid prior to
the dates on which they become due, but any such prepayment
must include an additional amount equal to the interest which
would accrue on the assessment to the next succeeding date on
which interest is payable on any special improvement bonds
issued in anticipation of the collection of the assessments,
plus such additional amount as, in the opinion of the City
Treasurer, is necessary to assure the availability of money
170
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to pay interest on the special improvement bonds as interest
becomes due and any premiums which may become payable on
redeemable bonds which may be called in order to utilize
the assessmsents paid in advance.
SECTION 2. Except as hereinabove modified and amended, Bill
No. 162 of 1976, passed on the 12th day of October, 1976, shall
remain unchanged and in full force and effect.
SECTION 3. In the opinion of the Board of Commissioners of
Salt Lake City it is necessary to the peace, health and welfare of
the inhabitants of said city that this ordinance become effective
immediately.
SECTION 4. This ordinance shall take effect upon its first
publication.
Passed by the Board of Commissioners of Salt Lake City, Utah,
this 28th day of October, 1976.
TED L. WILSON, MAYOR
CITY RECORDER
(SEAL)
BILL NO.170 of 1976
Published November 2, 1976
Certified copy to Treasurer's Office 10-28-76
170
ABM-aaA
Affidavit of Publication
STATE OF UJTAH, 1
- ss.
County of Salt Lake
--- AN ORDINANCE
AN ORDINANCE AMENDING the ordinance levying a tax
for the assessment of property(Curb and Guttor Extension No.
480)designated as Bill No.162 of 1976,passed on the 12th day of
October,1976.
Be It ordained by the Board of Commissioners of Salt Lake
City,Utah, Being first duly sworn,deposes and says that he is legal a ver-
SECTION 1.That filet certain ordinance levying a tax for the
assessment of property InCurb and Gutter Extension No.480, tisi.ng clerk of the DESERET,NEWS,a daily (except Sunday)
designated as 13I11 No.162 of 1926,passed on the 12th day of •
de p
October,1926,be,and the sense hereby I,emend by amending newspaper printed in the English. language with general cU'-
Section 3 thereof M rood as follows: t J
Section S.That sold lox shall be parable in ten( yearly
installments as provided by few and ordinance with Interest on ciliation in Utah, and published in Salt Lake City, Salt Lake
the wholes unpaid 1 Me rate of en percent IL%)per i6nnom PHn at the time each Installment s ue;provided. County- in the State of Utah.
howe le.or t oneof such Installments In the wrier
payable,or the hole tax,may be paid without interest within
fifteen i15)days from the date this ordinance,as amended,
)
becomes effMive.After said fifteen(15)day period,al unnea That the legal notice of which a copy is attached hereto
9.
nstpelrty(ts hot o an
Iassessment
their entirety)maybe paid priny or to
dates on which they become due,but any such prepayment Msl 'l3: --- . F,el„ ;(' ..-
Include an add)tionel amount equal to the Interest which wufoaccrue on the
Alch
i assessment nferest Is payable anyon y special Improvement bonds iscdd•In ---- - -
anticipation of Me collection of the assessments,pip sock
amount `J _•;y
addit onal aunt as,In the opinion of the City r ray.is
necessary to assure the availability o1 money to per ink say
the special improvement bonds as Interest becomes du
wmiums which may become payable on redeemrlle herds
hich may be called In order to utilize the essesomrds Paid in
advance
SECTION 2.Exceed as herelnabove mail,led 00 19),eshad - - _-
Bill No.162 of 1926,nd In
on the 121h day of OctO
r unchanged and In lull force and effect.
remain
SECTION 3.In the opinions of the Board of ltfdnd r of
Salt Lake City it Is necessary to the peace,hleallhend welfare mof
the inhabltontsof said city that this ordinance bcoe effective
immediately.
SECTION 4.This ordinance shell take elect upwl its first
publication. --- -'
Passed by the Board of Commisslotermof Salt Lake City,
Utah,this 28th day of October,19l6. 'fED L.WILSDN
MILDRED V.HIGHAM Mayor Ivry,published in said newspaper.on
-•------------
City Recorder
(SEAL)
BILL NO.170-of 19/6
Published November 2,1926 (A-26)
0 (- 1 Advertising Clerk
day of
Subscribed and .sworn to before me this
;::p A.D, 19 ,
•
•
Notary Public
My Commission Expires