19 of 1933 - Authorizing the issuance of Interm Certificates for $250,000.00 Tax Anticipation Bonds of 1933 (Publ VOTING A`Y{E NAY
SALT LAKE CITY, UTAH, 11 2ti ' 193
.ich . .
I move that the ordinance be passed.
Keyser . .-
Knight .
LEE Mr.Chairman . . — AN ORDINANCE
Result . ORDINANCE
AN ORDINANCE AUTHORIZING THE ISSUANCE OF INTERIM CERTIFI-
CATES FOR $250,000 TAX ANTICIPATION BONDS OF 1033.
THE BOARD OF COMMISSIONERS OF SALT LAKE CITY DO ORDAIN
AS FOLLOWS:
Section 1. Pending the preparation, execution and delivery
of the definitive bonds authorized to be issued by an ordinance of
the Board of Commissioners entitled: "An Ordinance Authorizing the
Issuance of Tax Anticipation Bonds of Salt Lake City in the Principal
Amount of $250,000" adopted by this Board on November 17th, 1933,
Ihterim Certificates may be issued in the name of the City by the
Mayor and shall be in such form, contain such terms, conditions and
provisions, bear such date and dates and contain such agreements re-
lating to their disposition or to the delivery of the definitive
bonds as shall be determined by the Mayor in accordance with the loan
agreement between Salt Lake City and the United States of America,
and not inconsistent with the provisions of this Ordinance.
Section 2. Such Interim Certificates shall be substantially
in the following form:
No. 1 $250,000.00
UNITED STATES OF AMERICA
STATE OF UTAH
SALT LAKE CITY
INTERIM CERTIFICATE. TAX ANTICIPATION BOND OF 1933.
SALT LAKE CITY, a municipal corporation of the State of Utah,
acknowledges the receipt in payment in full for Two Hundred Fifty
Thousand Dollars ($250,000.00) principal amount of tax anticipation
bonds of 1933 issued pursuant to the Constitution and the Revised
Statutes of Utah, 1933, particularly Title 15 thereof and. also Chapter
25 of the Laws passed at the Second Special Session of the 20th Legis-
lature 1933, approved July 26, 1933, and by virtue of an ordinance
g{�
-2-
of said City entitled , "An Ordinance Authorizing the Issuance of
Tax Anticipation Bonds of Salt Lake City in the Principal Amount
of $250,000" duly adopted November 17th, 1933, and published as
required by law, such bonds to be dated October 1, 1933, to be in
the denominations of One Thousand dollars ($1,000), to be numbered
and to mature as follows:
Nos. el Bonds. Amount of Bonds. Date of Maturities
1 to 50 $50,000.00 October 1, 1934.
51 to 100 $50,000.00 October 1, 1935
101 to 150 $50,000.00 October 1, 1936
151 to 200 $50,000.00 October 1, 1937
201 to 250 $50,000.00 October 1, 1938
and to have coupons attached payable on the first days of April
and October in each year until maturity, evidencing interest on sai•
bonds from October 1, 1933, at the rate of four per centum (4%) per
annum.
The City promises to deliver to the bearer of this Interim
Certificate upon its surrender to the City Treasurer the bonds de-
scribed herein when the same have been prepared and executed, and in
the meantime the bearer hereof is entitled to interest upon presen-
tation of this Interim Certificate for the notation thereon of pay-
ment of said interest and all rights and privileges of an owner or
holder of said bonds. This Interim Certificate shall be transferable
by delivery.
IN WITNESS WHEREOF, Salt Lake City has caused this Interim Cerh
tificate to be signed by its Mayor under the seal of the City and
attested by the City Recorder, and to be dated the 1st day of OctobH
1936.
Mayor.
ATTEST:
City Recorder.
Section 3. This measure being necessary for the immediate
preservation of the peace, health and safety of the city, this ordi-
nance shall take effect immediately upon the piablication thereof
according to law.
-3-
Section 4.
This ordinance shall take effect upon its I
first publication.
Passed by the Board of Commissioners of Salt Lake City,
Utah, this 22nd day of November , D• 1933.
(I. „ Mayor.
_(f
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City Recorder.
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AN ORDINANCE roof of Publication
AN ORDINANCE, AUTR1Mc NO
TIFIISSUANCE OF INTERIM CAR-,
TIOLPATIO FOR S0,OF TAX AN-,
s. T'ISE ION BONDS OF 1933.
ISO
THE F BOARD OF' orry BIOR-II
DAB SALT LAKE CITY DO OR-1
DSec AS FOLLOWS:
Con,
Pending theryprepara-I
tton,execution and delivery of the
deflnitive hands anoeofth to be'OF AMERICA,
ci o by an loners a titled Board SC
t nance Authorizing
ntltthe "An sni IS.
SectOrdi 0,Tax
A ntici Anticipation
the Is,of
Bete of Tax City inotfhe Bonds.of
Belt Lake the Ptld bete.
Amount of n Nove adopted by
Inter m Certificates
Nes may 17, 10ed,
Interim amo often bey tee,
in the nd of the City. lay the
Mayor and.shall' andn such o s anti
contain such terms,conditions and.
dates bear such date and.
~ retet andcontain such agreements'
relatingh to their definitive or bonds WOLF the shall h tt tea mined iyb the, I WORT ' being first duly
t er in cc dance ts by ohs,
Mayor n accordance with the City
agreement'th between Salt Lake City.
and'not nc n t States of theAmerico,pro- sworn, depose and say that I am the Chief Clerk of THE SALT LAKE
and not this
Ord with the Pea'
4,4 vlSecti of this Ortltnsneri
tifiecateta hall Such Interim
ill TELEGRAM, a newspaper of general circulation, published every day
the following form;
No. 1. $250,000,06
EXITED STATES OF AMERICA at Salt Lake City, State of Utah.
STATE OF UTAH
SALT LAKE'CITY
7NTERIM 'CERTIFICATE TAX
, ANTICIPATION BOND OF 1933,
SALT on of CITY, a municipal That the noticeAN.ORDIITANCE
corporation of'the receiptState o pay-
ment the H ind Pay
meet in full for TWO (3250dtl.004
principal a ountlofetax$1an000A5)' SALTLAKE CITY CORPORATION
• tlon bonds of 1933 issued pursuant
to the Constitution and the Re-
• vlsed Statutes of,Utah, 1933, par-
' ticularly Title 15 thereof and also
Chapter 25 of,the Laws,passed at
.. the Second Special Session of the
lath Legislature 1933, approved
July 26,1933,end by virtue of an
ordinance of said City.entitled"An
Ordinance Authorizing the T7ill-1
ance of Tax Anticipation Bonds.Of
Salt Lake City In the Prineip ll
• Amount.of$2.50,000,'duly adopted
November 17, 1933, and published of which a copy is hereto attached, was first published in said news-
as required by law,such bonds to
be dated October 1,1933,to be 1n
the denominations f One Thou-
„ band Dollars (51,000),to be num- 22ri November °a)3
bared and to mature as follows: paper in its issue dated the delay of 49..
Nod.of Amount of Date of
Bonds. Bonds, Maturities,
1 to 50 $50,000.00 Oct,1,1934
51 to 100 50,000.00 .Oct.1,1935 and was published in each daily issue of said newspaper, on
lot o 150 50,000.00 Oct.1,1938 t
.a- 151 to 200 50.000.00 Oct.1,1937
201 to 250 50,000.00 Oct,'1,1938
and to have coupons attached pay-
▪ able22nd.on the first days of April andfor
October 1n each year until ma-
turity,evidencing interest on said
bonds from October 1,1933,at the
rate au of four pee centnm (4%) Per thereafter, the full period of One insertion
The City promises to deliver to
4.• the bearer of tine Interim Certifi-
ate upon its surrender to the City 22nd
Trewaurer the bonds described here- the last publication thereof being in the issue dated the
1n when the same have been pre-
pared d meantime bearer and inff i the
s e .
titled to interest upon Presentatio,r, NOvembe� A. D. 19t't3..
01 thisInthelre ct ay enr the day of
said
on thereon of payment of
aid Interest n all rights and
privileges.idb nd. nee holder
er-
f to ellen transferable
Interim Cer rCl//'deli t seal] he trallePerabl by'
delivery.
IN WITNESS WHEREOF, Salt
Lake
isCity has tiaedgne this Interim
its
MaY-
or under
he he signed a its May-
ar ester the deal of the ally and Subscribed and sworn to before me this 23rd day f
attested by the. Recorder, nd
"• to be dated thee 1 1st day aOc-
tober,1933.
Mayor. Navember A.
ATTEST:
City ReCOrder.
Section'3. the moediat being.
necessary for the immediate and
ry tion of the peachie and , Notary Public.
safety of the.cloy, this anup ordinance
the.li take effect thereof
upon -..
the publication'theteoi according
v. to law.
Section 4. This ordinance hall
take effect,Upon Stes first publics- My commission expires
ton.
Passed by the Board of Cm,this
stonersclay
of of Lake city,-A.D. this Advertising fee, $
22nd day 0C November,S, a 1933.
or.
IOUISETHE MAROUS,.AO,D,
(Seal) i"PriEL. cloy ftewger,-
B111.
'ubiloli y':November 32-1955,'-
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