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21 of 1934 - Vacating an alley in Lot 1, Block 2, Coates and Corum's Subdivision in Block 26, Plat 'C', Salt Lake lives.108 — - ROLL CALL VOTING AYE !NAY Salt,Lake City, Utah, ;AUG $ 1934 193__. Goggin I move that the ordinance be pas. i Keyser -"""...� �j�/ Knight Lee Mr. Chairman - - #` AN ORDINANCE Result f ORDINIBiCE VACATING alloy commencing at the or•t'h- east corner of Lot 1, Block 2, Coa.tes end Corumts Subdivision in Block 26, Plat t'C", Salt Laeke City Survey, running thence north 15 feet, thence best 625 feet, thence south 15 feet, thence east 325 feet to the ,lace of beginning. t-a} B? IT UrtUCINLD by the Board. of Commissioners of belt Lake City, Utah: SECTION 1. That the alley commencing at the North- east corner of Lot 1, Block 2, Coates and Corumts Subdivision. in Block 26, Plat CC", Salt Lake City Survey, running thence north 15 feet, thence west 325 feet, thence south 15 feet, thence east 325 feat to the Mace of beginning, be and the same is hereby vacated rand declared no longer eublic arocerty as an alley or Tay. CV SECTION 2. In the opinion of the Board. of Commissioners, it is Zeceseery to the peace, health and sceety of the irinati- t)nts of I Ilt farce City that this ordinance shall take effect immediately. SCCI t'Jh 3 . 'This o.sdirancc rhali t ke e ' , ct coon its 'first dirclication. (j P�- prod b the Court o (;ail tlt; City, Ut h, this 14th thy of --- u -- • f Lam! Z. t Z�s City k.ecorder. 21 • ORDtjANCe z • Presented to the lard of Comminfoners AND PASSED AUG 141934 Ukt� CITV Nicoll DIM First Publication in t JUL-/.0934 ! CITY iaECORDEA 1 ' Affidavit of Publication STATE OF UTAH,1 County of Salt Lake -AN ORDINANCE :An'Ordinance Vacating alley Mencius at the Northeast corner of Lot F,ugpne E Bates 1, Blook d,Coates and Corum'e Subdi- vision in,Block 28,Plat"C,"Salt Lake City Survey,running thence north 15' feet,thence weer 926 feet,thence to the place thence plan 1.5 feet.thence east BM feet Being first duly sworn,deposes and says that he is the advertis- of.besinningBe no Ordained by the Board of Com- missioners of Salt Lake Ctty,Utah: Section 1. That the alley commencing ing clerk of THE.DESERET NEWS,a newspaper published in at the Northeast c of Lot 1,Block 2, Coates and runs Subdivision In Stook 2d.Plat"C,"iSalt Lake City Sur- vey,running thence north 16 feet,thence Salt Lake City,Salt Lake County,in the State of Utah. wok 526'teet, thence south 15 feet. thence east 926 feet to the place of be. ginning,be and the same fa hereby If 1 va- cated and declared m longer pulc That the advertisement Bill 0 prSection 4.In the alley as.an opinion of the Board of Commissioners,it ie y, fthe to the Ordinance Vaoatieng..Alloy peace, hdalth La I necessary the Inhahe Dance'of shall t•akeke City that this or. noncen3 take effect immeordinance shad to Section 9. This st publce ion. take cocas pin toe first publication. Paofnd it the City, of Commission-14th. ere of Salt rake City. Utah. this 19th day of August, A. D., 1934. LOUIS MARCUS. Mayor. ET EL ty Heco der. D, Cge ,Recorder. 11411 Bm No. 21. was published in said newspaper, in its issue ilated, the Published August 15,lip._ 15th day of August A.D. 19.34... and was published one time the last publication thereof being in the issue,dated the._lsth._. day of August A.D. 1934.. Advertising Clerk. Subscribed and sworn to before me this l6th. day of August A. D. 19--34-- Notublic. AN ORDINANCE lion of Ten Thousand 410.000.00) Dollars each; of said issue of said One Million Five Hundred Thousand AN ORDINANCE PROVIDING FOR Dollars Tax Anticipation Bonds, THE ISSUANCE AND SALE OF ONE dated January 16,1934,to the First MILLION FIVE HUNDRED THOU- National Bank.Salt Lake City;First SAND DOLLARS 41,500,000.00)TAX National Bank, Ogden, Utah; Utah ANTICIPATION BONDS OF SALT State National Bank,Salt Lake City; LAKE CITY, UTAH, SERIES OF Continental National Bank&Trust JANUARY 16,1934. Company,Salt Lake City;J.A.Ho- WHEREAS,there is immediate and gle&Company,Salt Lake City;and pressing need for the raising of funds Walker Bank&Trust Company,Salt to the,amount of One Million Five Lake City:in accordance with their Hundred Thousand Dollars 0.- bid duly accepted by the Board of the• r) for the purpose of meeting Commissioners and upon receiving the current expenses of the City for cc Chant therefor the City authorized • year 1934 until the payment of shall and hereby is authorized taxes for the year 1934;and and directed to deliver said bonds WHEREAS, the tax revenues of to saideem inders of said issue shall Salt Lake City,Utah, yearm teen will sand Two Million FI0) be soldsu at suchtime or times and andeen t Thousand tal eeDollarsu (from ,all ea- for such price or prices and us the and the total revenue Yregn all w such terms and conditions as de- Million• o sources will aggregate Two Board of Commissioners may dt- sandon Five u rnd EightThou- tfr to be for the best int upsts on and Flve Hundreds; and 00-100($2,- of the City,of and thereupon and upon 70WHERE S,the s: payment of the purchase price oha l and there- WHEREAS,the sum of One Million50 for the City Treasurerz shall and 0 Hundred Thousand ($to hereby authorized and directed 000.00) not required now to be to deliver the same to the pur- enued is t ace of said rev- chasers thereof. estimated t for i the year 1934. Said bonds 34, bear date of enue the bide[the First January 1 1 with interest at National Bank,Salt Lake City;First therate of four and 00-100payable (4%) National Bank, Bank, Utah;l Lana am cent per annum payable July, Ci oNationalnn Bank, Salt Lake annually n the 16th day of July, City;rusContinental Lake Bank J. 1934, and the 16th day of January, A. H leCompany,Salt Lake L J. pay935,able leboth principal end Interest A. Ho ale & Company, Salt t 01 New t the National s City. Bank City, and Walker Bank & Trustby f New Y N, 55Y. Wall street, New Company,Sate Lake City,is mmis- York City,dN. Said bonds are stoners declared by the in Board of Commis- tgnptt "Salt Lake City Tan- stoners as being the highest,bi best Anticipation6,1934."Bonds, Series of Jan- and most urrhaoadvantageous part received uary 1 , Said bonds hall Ior s and hase of tart of said be due and payable on15 tile16th day bonds and to the besth been of of o t A. in lawful said which bid has been dulyommoneyi of the Unitedfrom States and of accepted by said Board of Com- bear interest the 16th day of mNOW, January,A.D.1e34. bonds shall NOW. THEREFORE, of IT OR- be the by the Mayor and attestedeseal stoners by the Board of Commis- by the City Recorder antler the heal stoners IofO Salt. Lake City,Utah:aeof the City and said couponsatureshall SECTION 1 pTurpose Sase Lake Lingity. bear the taper. Saida signature of the Utah. Yoe the par f s of meeting City Treasurer. eg sredd and cook • ana expenses of saidpcity for kept shallybe registered in a book theyearfor 1th4 a the payment rof- kept by the City ur for thatl l row Ler the year 1934, shall Five purpose,and the City Auditorban .the w the s of One Million($ Five endorse on each of said bonds.Said Hundred door tha Dollarsu ($s 50 i- certificate required law. cell dense)and for that ednesse as ail- bondss and each of them a) sub- Bence of such Indebtedness shall is- et to numbers and amount)in sub- - sell and deliver three hundred etantially the following form,to-wit: sue, (370) bonds; bonds num- STATE OF UTAH bered one(1)to two hundred(200), COUNTY OF SALT LAKE both mclus ve,being in the denom- SALT LAKE AR illation of One Thousand(81.000.03) ANTICIPATIONON BOND• Dollars each: trends numbered two Series of January 16,1934. huntre:l one (201) to two hundred No. . $ eighty (280), both inclusive, being KNOW ALL MEN BY THESE in the denomination of Five Thou- PRESENTS: That Salt Lake City,In sand ($5,000.00) Dollars each, and the County of Salt Lake.in the State bonds numbered two hundred eighty- of Utah,hereby acknowledges itself one(281)to three hundred seventy to be indebted and. for value r (370), both inclusive, being in the calved, hereby promises to pay to denomination of Ten Thousand bearer hereof, the sum of sell 00.00) Dollars each; and shall Thousand ($ ) Dollars in bonds in the sum of One MII- lawful money of the United States lion Dollars ($1,000,000.001 num- on the 16th day of January,A.D. bared one ill to one hundred(100), 1935,at the National City Bank of both inclusive, in the tlenomina- New York,55 Wall Street,New York Eon of One Thousand ($1,000.00) City, N. Y., U.S.A.,with interest Dollars each; bonds numbered two thereon at the rate of four and 00-103 hundred one (201) to two hundred (4%) per cent per a from sixty (260), both inclusive, In the date until paid,in like money pay- denomination of Five Thousand able semiannually on the lath day ($5,000.00) Dollars each:.and bonds of July, 1934, a the 16th day of numbered two hundred eighty-one January, 1935,said interest to m (281)to three Hundred Forty(340), Lurlty being represented by interest both inclusive, in the denom/nay coupons hereto attached. This bond is of a series of Lake City will pay to the bearer . Three Hundred Seventy(370)bonds- hereof,at the National City Bank of of like tenor and effect,numbered New York City,55 Wall Street,New one (1) to Three Hundred Seventy York City, N.Y., the sum of One (370), both inclusive; bonds num- Hundred and 00-100 ($100.00) Dol- bered one(1)to Two Hundred(200), inns In lawful money of the United both inclusive,being in the derfom- States of America,being six months' motion of One Thousand Dollars interest then due on its Tax Antici- ($1,000.00)each;bonds numbered two Patton Bonds, Series of January hundred one (201) to two hundred 16,1939. eighty (280), both inclusive, being (Facsimile Signature) in the denomination of Five Thou- sand ($5,000.00) Dollars each; and City Treasurer. bonds numbered two hundred Bond No eighty-one (281) to three hundred There shall also be endorsed o seventy (370), both inclusive,being each of said bonds the following in the denomination of Ten Thou- City Auditor's certificate: sand ($10,000.00) Dollars each; and "I hereby certify that this bond is known as"Salt Lake City Tax An- within the lawful debt limit of Salt ticipation Bonds,Series of January Lake City,Utah, and is issued ac- 16,1934,"for the aggregate sum of cording to law. One Million Five Hundred Thousand Dollars ($1,500,000.00), issued pur- City Auditor." suant to Title 15, Chapter 8, Sec- SECTION 2. All the covenants, ants, Con 6, Revised Statutes of Utah, statements, representations and 1933. agreements contained in said bonds The City of Salt Lake City shall are hereby adopted covenants,RS levy in the year 1934 a sufficient tax statements, representations. agree- topay the principal and interest on ments and promises of Salt Lake this bond as the same shall fall due, City. and this bond is issued in antieipa- SECTION 3. The Mayor of Salt lion of such taxes for the year 1934. Lake City is hereby authorized and It is hereby certified,recited and directed to sign and execute said declared that the entire Indebted- bonds and the City Recorder is ness of said City hereby incurred is hereby authorized and directed to not in excess of the taxes of said attest and affix the seal of Salt city levied or to be levied for the Lake City to each of said bonds,and current year 1934,and that said in- the City Auditor is authorized and debteriness was and is contracted for directed to place upon mid bonds the purpose for which said taxes the certificate in the m and ar e levied. form set forth above,and,said coo- It is hereby certified,recited and pons shall bear the facsimile signn- declared that all conditions,acts and titre of the City Treasurer,and the things as ential to the validity of acts of said Mayor, City Recorder, th's bond exist,have happened and Treasurer and Auditor in ro doing have been done,and that every re are and shall be the act and deed ctdrement of law affecting the issue of Salt Lake City. thereof has been duly complied with, SECTION 4. That the Board of and that this bond is Within every City Commissioners shall levy in the debt and other limit prescribed by year 1934 a sufficient tax to pay the Constitution and Laws of said principal and Interest on said bonds State and that the full faith and as the same shall fall due and for credit of said Salt Lake City are the payment of said bonds the full hereby Irrevocably pledged to the faith, credit and taxing power of punctual payment of the principal Salt Lake City arc hereby irrevocably and interest of this bond according pledged and the Board of City Corn- to its terms. missioners hereby covenants and IN WITNESS WHEREOF,Salt Lake agrees with the holders of said bonds City has caused this bond to be to levy in the year 1934 sufficient signed by its Mayor, its corporate taxes to provide for the payment of seal to be hereunto affixed,and at- the principal and interest of said tested by the City Recorder as of bonds. this 16th day of January,A.D.1934. SECTION 5. That an emergency Is hereby declared and in the opin- Mayor. ion of the Board of Commissioners Attest: because of the necessity for funds with which to meet the current ex- City Recorder. proses of sald city, It is ary To each of said bonds shall be at- to the peace,health and safety of tacked a coupon for each installment the inhabitants of Salt Lake City of interest contemplated by said that this ordinance take effect im bond, wh'ch said coupons shall be mediately. consecutively numbered, beginning SECTION 6. This ordinance shall with No.1,with the several dates of take effect upon its first publica- payment and number of bond and Lion. shall bear the facsimile signature of Passed by the Board of Commis- said City Treasurer. and said con- sioners of Salt Lake City,Utah,this pons and each of them shall be(ex- 15thday of December,A.D.1933. cept as to numbers, date and JOHN M.KNIGHT, amount) substantially in the fol- Temporary Chairman, lowing form, to-wit: (Seal) ETHEL MACDONALD, No.1. (FORM OF COUPON)$100.00 Bill No.21. City Recorder. On the 16th day of July,1934,Salt Published December 15,1933. . . .. • P.Pa P.1 ) K., MS- 0.1• 9 I