27 of 1931 - Authorizing issuance of $700,00.00 Balance of $2,000,000.00 Water Bonds ROLL CALL u ust 18th 193...�.
Salt Lake City,Utah, A
VOTING AYE AY Mayor and Commissioner John F. Bowmen move
'N the adostion of the following ordinances
I move that the ordinance be passed.
Burton
Rehr
Finch - - -
Lake
Mr.Chairman AN ORDINANCE
Result
An ordinance providing for the issuance and sale of seven
hundred thousand dollars (S;iS700,000.00), waterworks bonds of Salt Lake City,
Utah, out of a. total authorized issue of two million dollars (PU,OOO,000.00) .
CSSRE.aS, by the result, of a special election duly called and
held in Salt Lake City, Utah, on Wednesday, the 1st Day of July, A. D.
1031, said City was authorized and empowered to issue and sell Two Mil-
lion Dollars (d2,000,000,) Waterworks Bonds, for the purpose of su°pplyino
said City with water and increasing, enlarging, extending and perfecting
the present water supply and waterworks system of said City and for
supplying said City and the inhabitants thereof with additional water, and.
ViIhn AS, the result of said election was declared by the Board
of Commissioners of said City, sitting as a Board of Canvassers, by
27resolution duly passed on Monday, July 6th, 1931, and
f.gDaEA.S, the bid of A;. C. Allyn C Co having beta declared
by the Board of Commissioners by resolution duly passed as being the
highest, best end most advantageous bid received for the purchase of
said bonds and to the best interests of said. City, which bid has been
duly accepted by said Board of Commissioners.
NOW, TeL.ha„FORL, BE IT ORDAINED by the Board of Commissioners
of Suit Lake City, Utah:
Section 1. Tht for the purpose of defraying the expense of
supplying said City with water and incroasinrr, enlarging, extending and
perfecting the present water supply r nd waterworks seen of said. City
and for supplying said City and the inhabitants thereof with additional
27
•
water, which said additional •,:.•ter, . ter su.:ly and waterworks system
for supplying, such water shall be owned and controlled by said municipal-
ity, in manner provided for in an ordinance gassed by the Board of Com-
missioners on May 21st, 1981, 'urovidin„ for and ordering a special elec-
tion for the qur-Nose of submitting to the qualified electors of said City
the question of incurring a bonded indebtedness to the amount of V,-C,000,
000.00, Salt Lake City, Utah, does issue 0700,000 Waterworks Bonds, out
of the total authorized issue of .2,000,000,00 of the denomination. of
1,000.00 each numbered consecutively from 1101 to F:000 both inclusive,
to be denominated"Salt Lake City Muterworks.• Bonds, Series of July
lst, 1971," to be dated July 1st, 19.71 ann to become due and payable
serially as follows: 050,000.00 on the first day of July in each of
the years 1960 to 19E9both inclusive, 4100,Ot on the first day of July
19 70 and$1.00,000 on the first day of July, 1971, to hear interest at
the rate of 4 per cent per annum, .;ry.oble semi-annually on the' first,
days of January and July in each year, both principal and interest
payable at the Guaranty Trust Company of New York, in New York City,
N. Y„ or at the office of the City Treasurer at Salt L+.r,ke City, Utah,
at the option of the holder, Said. bonds and each of them shall. Pe
(except as to consecutive numbers and date of _payment) in substantially
the following form, to-wit:
UNITED STATES OF ATiEdICA
STATE OK UT'ul
SALT LAKE CI'TY
EATLOIIORKS BOND
Series of July 1st, l9:li
No. 51,000.00
KNOW ALL "L.EN BY THESE Pd SENTS:
That Salt Lake City, Salt Lake County, State of Utah, hereby
acknowledges itself to be indebted and for value received hereby promises
to pay to the bearer hereof the sum of ONE THOUSAND DOLLARS (:?,:1,000.00)
in Gold Coin of the United States of America of tie present standard of
wei, ht(o£ weight' and fineness, on the first day of July, A. D. l9__ _,
at the Guaranty Trust Company of New York, in New York City, N. Y., or
at the office of the City Treasurer at Salt Lake City, Utah, at the option
of the holder, with interest thereon at the rate of four per cent
(A per cent) per annum from fate until paid, payable semi-annually in
?Ake money on the first days of January and July in each year, said
interest to maturity being represented by interest coupons hereto
attached.
This bond is issued for the purpose of acquiring funds to be
used for the purpose of defraying the expense of increasing, improving,
enlarging, extending, perfecting and adding to the present water system
and securing an additional water supply for said city for the purpose of
supplying and distributing water to the inhabitants thereof, in manner
provided for in an Ordinance passed by the Board of Commissioners on
August 18, 1911, under and pursuant to the provisions of the Constitu-
tion and. Laws of the State of Utah, by the Board of Commissioners of
Spit Lake City, and as .'authorized. by the electors of said City at a
special. election held for that purpose.
The Board of Commissioners shall annually levy a tax sufficient
to pay the interest on this bond as it falls due and also the principal
thereof as it falls due.
It is hereby certified, recited and declared, that all con-
ditions, acts and things essential to the validity of this bond exist,
have happened and have been done and that every requirement of law
affecting the issue thereof has been duly complied with and that this
bond is within every debt and other limit prescribed by the Constitution
and Laws of said State.
The full faith, credit and all taxable property, within the
limits of said Sett Lake City, as constituted at the time of the issu-
ance hereof ore and shell continue to be pledged to the punctual say-
went of the principal a d interest of this bond.
IN LITN}SS VdiEREOF, Salt Lake City has caused this bond to
be signed by its Mayor and City Treasurer and. its corporate seal to be
affixed hereto attested by its City Recorder and. the annexed coupons to
bear the fac-simile signature of the City Treasurer, us of the first
day of July, A. D. 1911
4-
Mayor
ATTEST City Treasurer
t; ealf City Recorder
To each of said bonds shall be attached a. coupon for each
installment of interest contemplated by said bond, which said coupons
shall be consecutively numbered, beginning with No. 1, with the several
dates of ?payment and number of bond and shall bear the fec-smile sig-
nature of said City Treasurer, and said coupons and each of them shall
be substantially in the following form, to-wit:
(FORM OF COUPON)
Mo. a0.00
On the first day of January-July, A. D. 19....Sa_lt Laixe City,
Utah, will pay to the bearer hereof a.t the Guaranty Trust Company of
New York, in New York City, N. Y., or at the office of the City
Treasurer at Belt Lace City, UtL.h , at the ontion of the holcer, the
sum of Twenty no-100 Dollars ("iu0.00) in Gold Coin of the United
t >.tes of America of the present etancard of weight and fineness,
being six months interest then due on its lC tcrwor.s Bond, Series of
July 1st, 19b1.
(Fec-sira.ile signature)
City Treasurer.
Bond No
There shall also be endorsed on each of said bonds the
following:
I hereby certify that this bond is within the lawful debt
limit of Salt Take City, Utah and is issued according to law.
City Auditor
Said bonds and each of them shall be signed by the Mayor
and City Treasurer and sealed with the seal of said City and the said
coupons shall hear the facsimile signature of the City Treasurer.
The Mayor and City Treasurer of said. City are each hereby emptwered
and directed to sign and. the City Recorder to sign and attest
upon the day of its passage, approval and publication.
Passed by the Board of Commissioners of Salt Lake City,
Utah, and approved this 18th day of August, A. D. 19h1.
---Hayor
ty Recorder
( SEAL )
. .
Wi
H
i I
i
. 1
L1
p
O i
a +
, S n -2, ..,,,.. ' -..,'ft
4,..,
•
from data'until paid,t payable semi-an-
malty n-
ally In like'money,on firstdare
of January and-July In each year,mid
•interest to maturity being represented
by interest cpebess hereto attached. •
This bond Iy issued tor.the purpose
of acquiring tunas to be need for the
outwear ot.-defraying the expanse of
increasing, Improving, enlarging.
tending. perfecting'.and adding to'-the
present-.water system and securing an •
additional water apply for said otty ication
ad the a l Ovate 0f euppl Yong and'dle-
tr{boring water to the inhabitants there.
0f,In manner provided for,In'a oral_.
name named by.the Boardof and
stoners.n August 18, 1931, ander and a der
etitutort'and 19.Wepursuant to the,provisions'
ati,the State'of Utah,
!by the Board of Commisetonere'of,Halt
I Lake City,. •andas.authorized by the
STATE OF IITA1 e,eatara ofraid ity a�ppt a apecbi elec-
tiTheelH ardthnf Cotnlnleslonere shall
County of Salt La int ley 1°real:a it a.eit•tt°]lpalr die
- a71a..k...tAe...tin ipat..thbO b1::aee.it-
yYaltl d e.
AN bRQINANUE. It Is hereby certified. sated and do-
blared, ssthat ,1 conditions. s
'inn and eat
pr en hundred Po lh L .bond tial t dd an P tl le
Ue sand ea.1U•700.000.0),0f se to to e-bond exist. have happened d have
!ld falters • t T rka be a U'that y e 1 t
lld9 61 Salt ke City Ut 1 e,t Of of law the1' a thereof h e
t ta1 therls d;Mem of two million been dilly complied with and that Ole , 1
"W9FYLAE.(d 00,000 0) b0 d 1 Ithlt Y debt d that -"'
A A dilly
the nd.h f a me-ill It D i•State.p Lh Conant tl nd
ter 1 t duty ll d add hdld.l S It La t Id
'Lake City Utah,o Wednesday,thetat Thefull.faith edit and'ell taxable sworn,depo sand says th a is the ad1)ert.i3-
Day of July,A.D, 198L aid aCItIrne 1 property,ty,within theUtnlle of Id Salt
a.utp i d and.a peed to 1 and LakeCity, asconstituted at thetime
'Oil-Two' Milian'D 1 S 132,000,000) t theIssuance hereof.ate d hall''
in k B d f l e p p f 0 0 t be pl dg tl t _lh p t I
re'creasing,- a grid. with at a i-Day t of ih . . ' a a rnterept llESERE NEWS,a newspaper published in
g i g nla'r6150 t rey an-and.D.-of nk sit es
Gating.the yeoat t ter Dp and ? Witness whereof, Salt.Lake CRY
wet rw0 kp;9Yetem [mid City end 1 hasmused d.thisbond.'to,be,signed by •
uppl Inf said Clty sod.the 1 h bit to is Mayer and, City, Treasurer end Ire art Lake County,In the State of Utah.
}thereof with Addiction 1 ate d ro 1 t D Qftf 3'hereto t-
i„W0fEfASt'ti MIME C paidelection leht i Dy lls Giti, A rte a d the
aftradbqthBa dOfC sig t r o[pth City T sae rf 1 ofna[ p@ld Car .?lti g - lice .�i C}ncg9seta by I tl n'd ly the[Irst day of J]Y,A D.1831EMS d ollday July 6th, 1931 d Mayor.' 1WREAS„th bid Of.A,C.Allynn& ''''''))�
ICe..'hcving been declared by.the Board ?. 7„ - '
,of Cothmlesioners,.by remibtion duly (Attest) • 'City Treasurer.
named a o t the highest,.Deaf and Saab CItY Recorder.
et ed a£ageo hid' elved'I h
p has [said bonds and.t the,best
Po eao4 of id m ds shall be at_. QjJ 6 _
ante tsi f- id City kick bid h loam, p i h Installment of .
'h n duly accepted'by said H .d L interest
n Idgt contemplated t d ons obeli
be
bond, fi
CDM lestonara. t1v ly b ed b ginning with anoea 1.
`'• 04W 9�11ttH flag I AP:C ffi'3T ORDp1Nf w,hh th t 1 d t a of Dayment tam
yIlea.$6 City, S)tah ,�m ell b -f bond d hall bear the tam
.'$ tl"d 1 Tn t f the purpose f 1m11 ig tar of id shall,
Tree eater,
del w g th ..O I.DDp1Yt g d Yell tie a bs a tl IlyditiBthe-toll Ring is hereto attached,was first published in saul
City th t r d l ereaeing.n press,Ors,, to-wit:
log, tendne d perfecting the Ares. (Form of Coeppte
ant wktu paddy.add t rwotke era. _
` �It{ Yt' d,f supplying Bald NOn the first d Y I January-July
2 A•OD,'s issue dated, the 9
CItY n6 the inhabitants thereof with 19—Salt LakeCity.,Utah ill pay' /y day of
-4 dElon 1 *at which: id additional t th ,09,..r h l t the �tl tr ag
tl Eat., pply and S. k U t Company f N Yorkl New
/,a,.,/
yatarn f Dp19l g 1 f h ll York CISY N Y t the'Officet -'�-_c A. D. 1931
b wn d dcontrolled by eat the City T t Salt Lab CIt ""
Id d f , L theoptionf toe holder. the
x,cramp n d passed Dy theBoard f sum.
h f Twenty and no.100 Dollars.
�_e _ -
COMMIS to r 8 'May.21st; 1991'Dr (82000) 1 Gold'Coln' f theL it d g/'•_r_ /`"
Aiding for and•ardering a pedal elm-States of America of the.present stand had
tine Or the Durpoae of.said ng to aid of eight and Deeneme, being,el. i
the ttualified elector.of said City the months.'rt int e t then'due on Its Water /� •
queetlen of lneurrinu..a bonded Indent.works Bled,Series of July let,1931.
dale Lake they,aUtau,tdose$
issue'a 00.: • - • tFac-elmhCity-T`etlre), . ion thereof being in the issue dated the ;
DM
hs Wgqminatlo •of$1, t [the to.Bond l a
tat oeherlaed'1seu f•$2.000.000.00 of 'There'steall also be endorsed on each
tMed oaeecutott•of om01301 each Rum-of said ]rondo theat'th sfollowing: A. D.19
:bared ve,tO u e de from 1ted to 2000 both I hereby lawful
certify t•Ilmi is f Sd 11 with-
Lake
lUal va,t0 r danonde. Se'Salt Lake in the lawful debt•limit of Salt Lake
City Water bee. red-July
Seat, of July City, Utah, and la Iasuedtsc0ording'to
1st, 6cO tobad dated J]Y tat 1991 d 1
,to'Owe,. dos.0 d payable ally ..City A aft
duty a 860 s0000 thefirst d Y f Said bonds d h- f th hall
July f h-of th re IB60r mar /.
both t to{ Ell. 000 the first day be Ig d by the-Mayor end City 1 vertlsIn, C
f, 0, 1970'and 8100 000 , thefirst d led with nth met L Id 8
day [ J 9 4., t b r.1 t t t by d ll a Pons shall b
jj epstur ..ref I] ay t f the City Tream
paig ml d o July eaatuefirst days t ItT 'Mam
d ereb.T a +' of
f J qua Y d J e t ch,Ye bothe Mild City h herebye,empowered
rl nd the City Rs-
°°' 1 d Inteoett p yeti L.the pM1 directedt to ag ties[apd dill;t o
ew Y o et City;N.Y..of N W• of ed 4 n
In N York Clty,N.Y..or t the ( n 1 T card CItY t k'"o[•Ovid ngtldg. -Yi
Gm e t City Treasurer at Salt.Likeand th i 1 Id Mayor 1'
City,Utah, t the option of theh Id bed E0,,,44,..In d ISg ay. ud shall a — day of
'Or, Said.bond:and a cb f them shall be the enend deed f.8al£Lake U
(gcppt a 'to coitus n tubers All c 4 ts,statements,.represent.-
b.'apd fats at GapMent)8ein snhatuttlally bona and coupons.and oil red ai Said
the,feltDWtng'-form,Lo•wit: ' bonds and fro a all (tat Aar
'•UNITED STATES OP:AMERICA. r representation, t this dl
It lebh l d.and.Ln de t d-hat
SAATH OE I.CAH.ITT it said herebyprontersdeclared intare
SALT•LAKE BONordained
covenants end promisee t therein
'6dea WATERWORKS aB su City
and
tr b i e 1 entn SSG-
. ,f
.�te•ee SArlea-o[ July let, 1991 LakeCity nd that ei p g t tl a /// �1qq// --
Ti' ., 000.00 and t t eta therein e thep ' / (/vv'/�
BDIOW.ALL MEN BY THESE ae<tl "d of i t t Id i Y 1ldn7 .._..
PRESENTS. And It is further stated and represent-
Thai Salt"Lake City Salt Lake County,ed,thet Salt Lake City.lea Muniolnal Not ublac.
State f Utah, hereby know! 1t-cop ati nd es City.of.the first laee
half tip pq lndgpt a tl nor al. -Una tea Conetit tl and'T.s tithe _
:bgtve!I eenu Y-Dr ea s'to (f y 9"a'th0 St t t.Utah:'
',W hereof the gum of ONEtoTROUS- aid ton 2.The Interest-falling.doe on
SAND DOLLARS(31,000.00)1n Gold Coln said 1031 ton the first day of January,
of;ese.United States of America of the A.D.1e83 19;39;both Inelm ve,and on
pre.nt standard of weight and fineness the.first.day of July,.A.D.1932 to 1969;
atthey--first'"day-of'July;A.-D '19:'..bath tibluslve, shalt be paid out of the
at k. eranto Trust Company.of.New general fund of bald City and for the
York:In New York City,N.Y.,mat the purpose r en ielhtburaltg' acid general
•'office et'.the ity, eason at n betake fund ter the Dayment. fsaid Intereet
with,Utah,at•the Opthon-of the•holder,there Mall'be )ev led by-the Hogrd.of
with':,Interest theieon'en the.rats of Commissioner.et said'City,-o all.tax-
•Me per cent-(4 per cent) per Minuet able property In aid City, In addition
- - ..to all other to a dlrectl tax in each
.rear 1991£n•1968 both'Inclusive. fb•
O •
'right'to'produce•the of 82,3.000:00.
a teat. And to Meet the Interest am '
truing on said➢onde thereafter prompt- i
ly and as the some becomes due and
to pay the principal of said bonds as
le aayeraliq be doe There shall
be
be levied onall taxable property in said
City In addition to all other taxes,a dl• ,
reel annual ten•an MIME.:
Year, Principal. Interest. .Total
1939 $60,000.00 •628,Oo0.00 $73.000.00
Hipp 50,000.00 26.000.00.479,000.00
1961 • 60,000,00 24,000.00 74.000.00
1962 50.090,00 22,000:00 72,000.00
1963 feet -50.000.00 20,000.00'-79,000.0,0
1964 50,000.00 19,000.00 68,000.00
1966 -60,000.00- 16.000.00 '66,000,00
1960 60,090.00'. 14,000.00 61,000.00
1967 50,000.00.'12.000.00 62,000.00
'19-68,-'-:60,000.00 10,000.0a' 60,000',00
- - 701d.tame-..when collected, shall b ---
1969: 100.000,00 3,00.0.00 108.000.00
1970 100,000:00 ,00e.00 106.090.Do
thetas!wlthd afldilieoalWat a •• n t at t y- fhu d hereto t
WHEREAS,he :atilt of Id l lion[ d annexed coupons
its lolly bear the f dor and
l the
le t/A/�/J
d acts byaa the City,
d 0f Cm,8 Ig t of the to
Tre 4 of tbEe
Bard ers of IA City, flutio
Hoard of CMondae[e, by resolution'duly th t! t day 1 July,A.D 1931. �, S` /11 �T�
pawed Monday. July A:C.
AAl find M'-y Y,' k$//fi/i��a�_ a
• WHEREAS,thebid e A C Ally @
.Co.haying m been deal red by the Hoard (Attest,' • 'City 1' gu r �j .,, �p
lot--Commissioners t by 19aoludb duly ^f'" "•Q..-
-pa ead being e- .received
Dbet and (Real) City Recorder.bet ..ant said 8 -bid red to.for the Po each of said bonds shall be at- Q/J
Dumheae.of Id bonds and Co the.befit lathed a coUDen fur .11 installment of
„ntereeta,oP said City,.which hid has Inc a teat ntem Dieted by 1fl bo¢d, •
•
(+®en duty aCCenteA by said Board 1 filch sale coupon. shelf be e -
..Comnls4lonera, their umbered, beginning'with oNo.01.
NOW,THEREFO Rf1. oiumt ORDAIN- ilS the er i dates [payment and
ED by the ity, U of.Comml+slonerp ¢f number of bond ant.lt bear the fac-
Selt Lone T Utah: simile ienaturs of said City Treasurer,
Section 1. Thee for the purlro4e !° ,sad c Done and each 4 them
CitfaWith.the expense at auvng,a[a raid,hail be.4aD:tntlalY In afhe of
is hereto attached,was first published in said
logy Its water nd,meeting g. trig-form, to,,
eat' extend ng and perfecting the Drees (Form of Counvn.) '
water supply d rat PIYingworhii aYs-
temCit20.00
y
nand t City and for a thereof
a td N On the It Lake of City.
Uty-July ll Pa ;:s issue dated, the / day aJ
City and the Ini+whicht thereof nalith 10-- Salt Lake LYty.,,the pl ill ant"
water,additional at which. aid additional,0 th b a be fat the �0 New ��/-///�/�/�/-
water, 'ate. pI 'N l It°Treat.•C pant . New York..i- Neo 6; V A. D. 1 /
e °m for a Dcon g ed t D Il York Cy, Y t thefit i f
le owned and 0 t I. d vyi m Utah,.
,.atheTreasurer t Salt he Lad City,.
an'ordinance
o di In provided-t In Ut h t the option [thg holder, the fJ' /
ordinancr passed by the Hoard of sum.of TwentyGo d no 100t Dollars:
�--4-_ _ �-
Commlealonari On May 21et, 3021, pro-State 0o.lam Gold Coln of the Unitedtanhad
lion
for nd ordering a special g t•and o of America of the prerss, be stand-
tan for the purpose of mildit City
to and [ weight and fl nueeno being Mx
the t en of•-elector.of and Ci u the menthe'int,tSet then due an its Water- /�
odeese to tnou[ring.a bonded lndebt-weeks Bond,Serge ofro July let,VOL rel.
anp.e to the amount of e2,900,000,99, (Fee-almle .Ignatd=e>. .ion thereof being in the issue dated the
000 Wake ones 300 . gs'home $70 o. City Treaeufar.
001 ofg e City.
Hbnde. 2. , the to•Bond No.
tat Lut'h rixed'issueoB 62,A99,099.99 0[ ').'here_Dell also be endorsed on each A.D. 19
'he'demminatien- f$L000.00 each gum-of id bends the following:
bared consecutively from 1301 to 2000 both I hereby certify that this bond is with-
Incluelvo,to be denominated"Salt Lake In the lawful debt limit of Salt Lake
iClty Waterworks, Donde,Serial of July City, Utah, and Is Iseuedtaccording.to
lat. 1931 to bo dated July let,len and law. - '
to litico.ne due and payable eexlally a Clty A dot it tallowy: $50.000,00 on the first day f Said Do. d each- it th or.
J ly!'each of the years 1940 to 1060 b 1 ebony th Mnac end thei 1«aa- tertising C
both Inclusive,.4100,000 'the)lest day g nd-sealed- 1[h-ha Dal f IQ
of July, 1010, and 6100';000 o the first mar and the- d th uyons hall bear
day D[ July, 4971, t'bear.intermit
tat LDe.faCeimtle signature 0(the City Tree.-
thepa9 rate of 4 per lly On
Der . r Tlso MsYor 4 CrtY Treaeutee=:.[
Df Jan eemaidj0lyy on the fear,rst both e9ld directed
e e h herby powered
p January and July inal both he and directed toig and theCity Re- '
principal and interest t payable t the corder to sign d attest and affix the yt
Guaranty Trust Company of N York,e t of said city each f ld bonds 'YY/'
ilni New York Clty N ab tD t•anA the i 1 'Id adayef T 40t0!
fine a! h,.. Tee opti-at S I L ke ed Recorder 1n a doing a all
City:Utah, t the each f1 ha-hold•be th'covenants,set it of.ept Lake city: day of
eri Said bonds and each of them shall All ettemo Less r DTin said
and(except ae to co a ut)vs .misery Lion an agreements c tamed'1n said
and date at DaYment).eln substalutla0y bonds and coupons and all citale and.
the following'form,to-Nit:, epreeenfatona f this.o recital.
are
UNITED STATES OF.AMERICA, ' terebY coneiderau.and'understood-and
/ STATE OF UTAH. • " it le hereby uan ordained,and declared'that
SALT LAKE CITX said covenants and Dremleee therein are
WATERWORKS HOND. ' - the aovenanle and yraml see ofa.dtSett —
Series of July 1st, 1931,- Lake City and that the representations
No. statements$1.000.00 and therein are the repro.
.KNOW ALL MEN BY THESE _entatione and statements of said city. .C.. -. 1� -�!�.-- ----
PRESENTS. And It I.further stated and represent- Not abbe.
That Salt Lake City,'Bait Lake County, ed-that Salt Lake City fe a u Iclpal
Stab of Utah, hereby knowleuses It-corporation and City of the first clam
self.to,be indebted and forvalue -under the Constitution and Laws of the
elved bereSe, Daofhiseee'"-to Pah':to'the State Of Utah,'
bearer hereof the sum of.ONE G THOUS- Section 2,The interest Salling.due on
AND DOLLARS($1,000,00)in Gold Coin said bonds an the first day of poem,
'of the United State.of America of the A.D.,1072 to 19 G9',both inclusive,and on
antatadard of weight and•imagese the fleet day of July.A.D.1032 to 1969.
on
the first day of July, A. D.'lees•both inclusive, shall be Dad out of theat the Guaranty Trust Compan y Of New general fund of old City and for.the
York.in New York City,N.Y., it the purpose r of relmburelng; .said general
office of the City Treasurer at Batt Lake fund for the payment of 'old Interest
[ witty'Interestt the thereon atef the the rated of there shallCommissions a leviedf d City,the all tax-
i S four per cent (4 per cent) per annum able property hi said City, In addition
_to all other taxes,a direct tax in each
year 1931
to l to produceoA the is r'inclusive. Suffi-
000.00
a Feat. And to most sum
Interest ac-
cruing on said bonds thereafter prompt-
I" and the s become. due and
to pay'the principal of said bonds
thee, 0on11all taxable property sin shall
be levied id
City in addition to all other tente,a di-
rect annual tax al;follows:
Year. Principal. Interest. _Total.
1959 6 ,000.00 320,000.00 00 16
000.00
1980 60
.000.00
1961 60.000.00 24,000,00 s74,000.00
1962 5g0,00.00 22.000.00 72,000.00
, 1963 50.000.00 20,000.00 70,000.00
1964 60,000.00 12.000.00 66.000.00
1006 60,000.00' 16.000.00 66,0.0.00
1966 50,000.00 14,000.0o 64,000.00
1967 60,000,00. 12,000.00 62.000,00
1968' 60,000.00 10,000.00' 60,000,00
1969 100,000.00 2.000.00 108.000.en
1970 100,000.00 4,000.00 104,000.00
•Bald taxes.when collected, ehall be
At applied solely for the Purpose f.thee.
6 payment of Said interest wed principal
of eald bonds respectively and for•no
other purpose whatever until,the indent-
edneee so o tracted under this•oral-
0'principal and interest,shall have
I.
eeen.fully paid. ',attain]and d. but-nothing'herein container/discharg-
ed. hall
be on construed as tb Drevent`eaid city
n from epnlyd any other...fund. that
may be In the city treasury and il-
slid Interest our or princiD eitolbe ptheg these
( eepecttvely Mature, and the lgcc or
F levies herein provided for-may there-
upon to that extent be diminished.
um hereinbefore provided
for to Mt the interest.o said bonds
and'to discharge the„principal when
due, are hereby apprropriate,1 for that
Duryoss and said amountfor each year
eltall be Included in the,annual appro-
priation bills passed by the-Hoard of
Commisglaners Of Salt Lake City in ea oh
year respectively.
Section 3. That all'ordinaticee and
resolutions solutions in r paste.of ordinances
conflict with the proid-
none hereof,'ha und the same
to here-
by repealed, and after id bond. are
Taut
end'
d this ordinance shall he;Sad
Led Main'frrapealable until d hoods
the lotareet thereon shall have been
fully paid, mtlefied•and-discharged as
herein provided.
Section 4.Iet the opinion'of the Board
of Conec-
essary to°the epeace;e hid ealt)ty it-le.is safety
aaY
of said city-thatthis'ordlnanue becone
operative immediately. •
Section 5. Now,therefore,be e
09c1ar that u ro nanc i) heabe
effect a and tnle o in neupsordinance ]tall day take
eitfepa aage.and D be
force upon
publication.
Passed of
Passed by,the Board of Commission-
ers
oe Salt Lake City, Utab,•and ap-
proved this 18tb day of Anguat A.D.
1931.
JOHN F. BOWMMAAYOR..
ETHEL MACDONALD.
City Recorder.
(Seal).
Published August 10th, 1931.
ear.MI6
interest,to maturity-rbeingLLrepreeented
by interest'coupons hereto attached. ,
• Thls'bond Is.issued' or the,purpose
of.acquiring funds to be need.for the
'Purpose
urreasing,f imprbvting ng the expenseof
ndnding,watercting and dassuring'.to taue
ditio has em and /� •
St dditienal ter upply f r rid dia.o ication
additional
-the purpose of he inhabits ts.t-ere-
at,,Inmg,naerr to he inhabitants.In an..,In manner providedeBoard'0000 is.
passed by the,.99 sf under and
Boners t to August o i.on31, under and-
pvtattonthe provisions S t the Utah.
hi' en and Laws'o1 the State of U Sate
by the Board I as auth rlaedof Salt
Lake air..and- adtnprlaaa r the
STATE OF UTAH, laetheld f said clia at a spatial elec.
non helfl.tor thet'pm-pose.
The :Board of Commiseloners shall
County of Salt Lake annually on ateis bona"efficient it falls due •
d 14 ,,tbe.principal thereof as It
AN @R1IINAI,f114. ; It 1 h' by certified, have A d.s A p ve g [ thefathings Oared, that 11conditions,and that this
snit fl and de-
anditY f this
e Mid.MI I hundred teaks, k i ond exist,esave sential I t happened'ed h ,,,,,' y/1. �'a-e-�
ea4d done (E700000W)/' t d that /
a to Of Salt.Lake City, TR h out a[ e 1 tf o g d every
dthat
thereof has
total lauthorised 1 1 t mlllloq b duly.compiled ry
dollars (EAS.,.000,the.-. bond.Ir'ivithin. v y debt and other
WHE tine 0 ape-limi prescribed S by•the Constitution and
dal election dalyY$yt the
and[held 1n Salt Laws of ealdStatn.'
�O,OQ(tiJu1UtaAh,D•.01Wednesdaay`ltthe 1st The.full faith, edit and.all taxablle'n,deposes and says.that he is the advertis-
bar.of
d y was property,within the•limits of id Salt
empowere31,d to brie.and ake City, as-constituted at the time
sell TWO'Million Dollar's -($2,000,000)of the.lesoance reof.are and shall
aterw0rka Bonds, for the purpose of continue to be pledged.to.the punctual-t,SERET NEWS,a newspaper published in
eupplying said City with water and.In..Batmen[ of,the principal and interest
treading, nlargi na extending and per-:of tht 'borne.
.fe tl g th, pr t Water ,DIY and inn WIC 0 -whereof, Salt Lake CIO
Waterworks yet 1 Id City d i€has a ed tnl ti a° to he,signed Dy Lake County,in the State ofUtah.R,UbPi tug said City end'the Inhabitants If ...err d City T!ash 'and ice. ✓>
[ set With addltional water. and corporate aeal to be affixed hereto t- . �/1 ,f
CJVMSSIREAB,tll I[ f e idelection tested 'by 1 e City R order and the y�3- '//�'
'(Yell Iar0✓1 Dy th Bard f Comg a d yo t bear the Ian elmlle /
1ibl W v and Oyy, thing ae the first of tl a lyy, Treasurer, •
ae of°--
fian\'aaW c.by of ll 'duly the first day°[Juty,A.D.19a1.
pa a d p Monday..July A.C.
All and yL
WBE EAS,t4 bed e(A.C Allyn d Mayor. /`/Ti/,
Co:h 1 g bee declared by the Beard
of Commissioner.-bh resolution duly (Attest) •City T B %%///� �
Da d bog theIllgheet best d an�.....a.r//J� /�Ia"LC� e
notadvent...bid received( the (deep ' City R d 0/€-L "ll!� !!-• f
la h f raid.bonds.and t bin b as •P h o[ Id-b ds ph allat-
ached
IC to 1 said City Clod bid bee p f a h in t li t Of
been duly ,nett d by said'Beard of interest t pi t d by - Id'•bond.
Comnifeslenera - which Id-eo D n hall.be b C-
µNtj1}'T-HIt"r" BE IT ORDAIN-wi Bly n bleed D gl ping ith N 1,.
$taD�5'�h BOa d t-C Mleq � ith fhA r l d t 2.pay [ d
�tlaf!7Wj)te Gltyr Ut h et lb 1 main d and
d It by T the[ -
etlp 1 That in the purpose f gL.defr6el g.ttt.em* f supl[tying bald s d• be ptl a d ea h I th ts+ ereto attached,was first published in said
city With water d Inc./tel., t g-shall b substantially 1n thefollowing
Ingo extendng and perfeatInst.the p e•f t (For of(A4Dpn)ant-Watersupplyd waterworks
t-tn f said sty d f uD lyl g Id N -' $Y9 ad the
•si ...the.Inhabitant* thereof Willi On th $l La Y Old" tiara will
A'pa
n:.ue d tad, /9 day of
a. 1 water; Which bald additional to t9 Unit Lake Lit Utah III p
Water, t c pDly d t k ,rus,CD b [ t [M1 Guaranty'
?
rpdIuu / u w t D 11 York City.N yY f N t t]eW k ffl e. : A. D. I9t11
tt ADon [ h
aive d nd un the City Treasurer t Salt LakeCity.
..........
lol'yal iss 1 m nn yroylde' for !n Utah,, t the optl°8 of thea holder, the �-y�� 1
an-ordinance passed by the.Board o[ Of Twenty d no-100 Dollars,I V/f�
'11690 esionerb on.May 21st, 1961,➢ro•Stones0), In Gold Coin of the United
'4dnnqq for and,ordering special 1 -States (America of the.present stand
tlo tor the e purposef.s bm/ t g toand ofsses
weight and fine , being ale
the Qualified let of aid Citytl nI th 'interest then due on lie Water-
414eetl n f..InCurrIng a bonded Ind..-works Bond.Series of July 1st,1931. 9
seines, to the s ti t r EY 000,000 00 tree-Smile signature), thereof being in the issue dated the
Salt Lake City, Utah. d e Is $700. - City Treasurer,'
00,0 Waterworks Bonds, out of the to-Bond No.
tar aut'hbrised leeve.of 22.000.000.00-of"There shalt also be'endorsed
the'denominatfon of$1,000.00 Oath mini-of said bonus the fallowing: p°.ea°h A.D. l /.
bared cuneeoutlyely from 1301 to 2000 both I hereby certify that'this bond:le With.t Inclusive;to be deneminated"Salt Lake In the lawful-debt limit of Sett Lake
CItY Waterworks. Bonds,Series of July COY, Utah, and fe Issued according to
1at,'1931;'to be dated Julylat,1931'and law, /
to beppme due and payable aerially o
follows:a 50,000.00 on the first day f City Auditor. � �d2='Y:seLlJ.vt_.ri�%;?C�
July to h of the yea.re 1960 to.1969 -Said bonds and each Cot them'shall
'bath Inclusive,6100,000-on the-first dst be signed by the Mayor and City Trees_ Advertising Clerk.
of'July,'2970:and $100,000 on the first tiler and.sealed with the-seal of sold
day of Jilly'1971 to bear Iniereat at/'n., and the-said coupons shall bens
the to f /-R t De tT.1 I fl elg t 1 the City.Trene-
fYab1 1-ann ,, the nr.t-d The Mayor and City Treasurer of
of J b Y 0,0 J fy l h r both aid city are each h reby empowered
ptln LR I d Inc E y yabl t tb and directed to signd theCOY Cthe
4 ty Trget y y: f.NbW Y de corder to sign' d attest and affixthe
Iht°a $qky;QIBBv� Y b�:at the 0t sal l WIQ City t ggah'.pf salt.bonds
11 't City t 1p fi4 a!`--B `LSlte Rn ec rder'In so sold Tfayor o are il.sir ll
ri Said bonds and each eton f the[hem shall be the act and fd d of l Salt.L k dCity.
Il �D day of
be (except as to cons[utind nu berm All c de ants, et contained
r yrhteaid
and date oF.garment) to subatauetally tons and agreements °tamed 4lI sand
are
'the fntfewlmg form. eo.wll: bends and uyooe t d eo eclttoo and.
UNITED BTATES Os'•AMERICA, herabYesentnntittlelderede. f'and understood and
STATE OF UTAH, . it le hereby ordained and declared that
SALT LAKE CITY said covenant.end promises th 1
WATERWORKS'BOND the covenants and.promises of said Salt.
SO lea 1 July let, 1031 ' Lake Citt and.th t thep talien[t'
Q• $100000 and t t d 'therein 0 lh D. - Q---gyF }
KA6$V ALL•BEN HY THESE e t tt - del t ts:'e fd t y'
RRity,Salt ' d t i It La sf tad-and rep icipai
Hat(Salt Lake CI Salt Lake'County,ed th t salt Lake CRY Ib s d rlast % Notar Public,
State L e h by know(a I[ corporationnd City of the w et Nape
}If to b 'indebted d for value tinder the C natit<I rt and Laws of the
lobs hereby the
§ CO pay.,-totheState t Utah.
ot)er here.the of ONE THOUS• aid d Y The Interest y o. di ron
Unite dote of 1ni Id Coin A.D.bonds bn first•day 1 J b Y, /
of she'United d States [Americaa the the193E t nO b th 11�lueie a don
present to dead f sly, A.
D.
the first day• July. nut the /
to tiara tyy / J o to D 19- bothne Inclusive.shall be-paid' ' O[the
Si theGuaranty Taunt Company CIJew general- d•of re CRY.- d'eaoe bs
York,In New.Teak City,er Y„or at the purpose r of reimbursing':-said geheral
Office oft the City Treasurer at Salt Lake fund.for'the patine.( Of said interast
(Illy,Ut b.at tba option Of therh Id the - `be.0 led.by the Board of
fear interest thereon at the-rate oe 1 commissioners.of said City,on.all tax-
ur per.tent (l per cent) Der an m.Able.property in saki-City, n-addition
to,air:other.taxes,, direst tax,m,each
year-1911 to 1933 both Ineluelve, MIMI.
dent,to produce.;the s f E2g,000:00
a Teat- And'to meet-the•Intermit' au•
ruing on'said bonds'thecomr'prompt-
ly''and.as the s e becomes.due and
to Day the principal of sold-bonds as
they a Orally-become dye'there shall
be hauled onall taxable property in said
City in adtion to all other taxes,a di-
rect annual tap ea follower.
,Year. prl0c0yal,. Interest. Total.
1019 $60,000.00-E39,000.00 '278,000.00
19960 ,6e,00.00 26,e9Q,00 76,000.0D
1961• 50,000.00 24,000.00 71,000.00
1962 60,000.00--22,000.00 72,000.00
uIMPnit 50,600.00 20,000.00. M.O.00
1961 60,000.00 13,000.00 68,000.00
1966 60,000-.00 .16 000.en 00 66,000.00
1966. 60,900,o 14.000.00 64,000.00
1967 60,000.00 12.000.00 62,000.00
1968 50,000.,00 10,000.00 60,000,00
— 1969- 100,000.00 8,060.00 102,000.00 _----
1070 100.0..00 4,000.00 0.0o
Said taxes when collected,.shall shall be
applied solely for the purpose of the
payment of Hold Interest and principal
of hsald bonds respectively and for no
other D4rpeee whatever untothe Indebt-
edne contracted under thin ordf-
nce,'principal and interest,shall have
been fully pala;,eatiefled and dleeharg_.
ed;but thing.herein named-shall
,tie - spn trued' tez: t•=11yhdo cae ty
may
be �he icy trees ey.
maenin thepurpose
cloy ttoathe and anti-'
able for the yury principal.
to 1. paymenthosame
of
field interest attire. and as the ya
eeJerign herein
mature and the lety or
opens herein ont'pratab for may..Weyer
upon 'the-.
1/c nn,'her a b5m0 yb Provided
-Aso'toa inn, tercet-onra.d,betide
do to meet:haa•Itittreat._en Arai behest
due, a deereby thepRaie.j•tor that
rarpoe a saidhereby ampount.for each
year
Dha a and e amount t'for each appro-
priation shall be Included In the annual Board'a o_
prmmis brine Df sedSal byL e ine of
rear espectiv of Salt Lake City in each
rear respectively.
I.
That
Section Tlrat all ordinances and
resolutions In parts.of with
and
asos here , conflict wick'the pro41-
blona he pf, ancVa ghee bar b'Me
iby_ts e D had, nod-a$ta `it-.'b nd r`,1tte'
maned ibis ebib'lde„q meld
bd, d -
th m.Merest thOrene data rid have been,
;the m .tisfiedn d;dt have been
herei paid,ro dedefled•and;dlacllgr8ed.a
herein pro.Ind.
8enmm se In the opinion of the Board'
ofee Com to the pers ofce said Ott it is net-'
lay to the this
health and ennme
aof perosaidt ciy that thin ordinance become
active'Immadiptely.
or-
dained -:-:,NOty,,therefore, be e e
l d diet Al 0m IS s e, 1 h by
declared-ap7l:-th �{dicta 0 shall take
effect,a d D fF },d 07
It'p 161 gfii d ...AO, {Si-U4
Pas W P-Y r s!-'_roe,..... 0 :1, rl';;