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5 of 1959 - Authorizing sale of General Obligation Airport Bonds, Series January 1, 1959, of Salt Lake City, in STATE OF UTAH COUNTY OF SALT LAKE ) SS. CITY OF SALT LAKE CITY ) The Board of Commissioners of the City of Salt Lake City, in the County of Salt Lake and State of Utah, met in regular session, in full conformity with law and the ordinances and rules of said City, at the City and County Building, Salt Lake City, Utah, being the regular meeting place of said Board, on Wednesday , the 21st day of January, 1959, at the hour of 10:00 o'clock a.m. On roll call the following were found to be present: Mayor Adiel F. Stewart, Commissioners: Grant M. Burbidge, Joe L. Christensen Theodore I. Geurts L. C. Romney Absent: None Also Present: Louis E. Holley, City Auditor James L. Barker, Jr., City Attorney Herman J. Hogensen, City Recorder Thereupon, there was introduced, read and considered the following Ordinance: {) I. ORDINANCE NO. 5 of 1959 AN ORDINANCE PROVIDING FOR THE PUBLIC SALE OF THE GENERAL OBLIGATION AIRPORT BONDS, SERIES JANUARY 1, 1959, OF THE CITY OF SALT LAKE CITY, IN THE AMOUNT OF $2,500,000.00; PRESCRIBING THE FORM OF THE NOTICE OF SALE; DIRECTING ITS PUBLICATION; DECLARING AN EMERGENCY AND PROVIDING THE EFFECTIVE DATE OF THIS ORDINANCE. WHEREAS, at a special bond election duly called and held on the 13th day of January, 1959, there was submitted to the electors of the City of Salt Lake City qualified to vote thereon the following question, to-wit: Shall the negotiable, interest bearing general obligation bonds of the City of Salt Lake City in the aggregate principal amount of $2,500,000.00, or so much thereof as may be necessary, maturing serially over a period of not to exceed twenty years from date, bearing interest at a rate not exceeding four per centum per annum, be issued for the purpose of defraying in part the cost of expanding and improving the municipal airport by constructing a building to be known as Administration Building No. 2, consisting of a structure to provide office space for airlines, together with all facilities necessary or convenient for the use of the traveling public and others using the airport? and WHEREAS, more than a majority of the qualified electors of the City voting on the question so submitted voted in favor of the bonds; and WHEREAS, the Board of Commissioners has determined, and does hereby determine, that the bonds so authorized should be publicly sold. NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF COMMISSIONERS OF THE CITY OF SALT LAKE CITY, SALT LAKE COUNTY, UTAH: Section 1. That said election resulted in the approval of the issuance of the General Obligation Airport Bonds of the City of Salt Lake City in the amount of $2,500,000.00, as described in said question, and the result of said election is hereby so declared. Section 2. That the Mayor and the City Recorder are i II. hereby authorized and directed to have published a notice of sale of said General Obligation Airport Bonds, in the aggregate principal amount of $2,500,000.00, dated January 1, 1959, in The Deseret News-Salt Lake Telegram , the official newspaper of the City of Salt Lake City and having a general circulation therein, and also in The Bond Buyer, a financial periodical published in New York City, New York, at least once not less than ten nor more than sixty days prior to the sale date. The Mayor and City Recorder are also authorized to give such other and further notice as may seem appropriate. Such notice shall be in substantially the following form: III NOTICE OF SALE CITY OF SALT LAKE CITY, UTAH GENERAL OBLIGATION AIRPORT BONDS SERIES JANUARY 1, 1959 $2,500,000.00 PUBLIC NOTICE IS HEREBY GIVEN that the Board of Commissioners of the City of Salt Lake City, Utah, will on Wednesday , the 11th day of February , 1959, at the hour of 11:00 o'clock a.m., Mountain Standard Time, at the City and County Building, Salt Lake City, Utah, receive sealed bids and publicly open the same for the purchase of City of Salt Lake City, Utah, General Obligation Airport Bonds, Series January 1, 1959, dated January 1, 1959, more particularly described as follows: ISSUE: City of Salt Lake City General Obligation Airport Bonds, Series January 1, 1959, dated January 1, 1959, in the aggregate principal amount of $2,500,000.00, consisting of 2500 bonds in the denomination of $1,000.00 each, maturing serially in regular numerical order $100,000.00 on the first days of January in the years 1963 to 1967, both inclusive, and $200,000.00 on the first days of January in the years 1968 to 1977, both inclusive. REDEMPTION: Bonds numbered 1 to 1500, both inclusive, maturing on January 1 in the years 1963 to 1972, both inclusive, are not subject to redemption prior to maturity. Bonds numbered 1501 to 2500, both inclusive, maturing January 1 in the years 1973 to 1977, both inclusive, are subject to prior redemption, at the option of the City, in inverse numerical order on January 1, 1969, or on any interest payment date thereafter, upon at least thirty days' prior notice, at par and accrued interest to the redemption date, together with a premium for each bond so redeemed computed in accordance with the following schedule: 103.00% if redeemed on January 1, 1969. 103.00%, if redeemed thereafter, but on or prior to July 1, 1970. 102.50% if redeemed thereafter, but on or prior to July 1, 1971. 102.00% if redeemed thereafter, but on or prior to July 1, 1972. 101.50% if redeemed thereafter, but on or prior to July 1, 1973. 101.00% if redeemed thereafter. -1- Notice of redemption of bonds subject to redemption shall be given by the City Treasurer in the name of the City of Salt Lake City by publication of a notice at least once, not less than thirty days nor more than sixty days prior to the redemption date, in a newspaper of general circulation in the City of Salt Lake City and in a financial newspaper or periodical of general circulation in the City of New York. PURPOSE OF ISSUE: To provide funds to defray in part the cost of constructing Administration Building No. 2 at the Salt Lake City Municipal Airport. INTEREST: The bonds will bear interest payable on the first day of July, 1959, and semi-annually thereafter on the first days of January and July in each year. Bidders must specify the rate of interest which the bonds offered for sale shall bear, but must not specify a coupon rate for any one calendar year in excess of four per centum per annum. It is permissible to bid different or split rates of interest for the bonds; provided, however, that any bid shall specify one interest rate only for each maturity. PAYMENT: Both principal and interest will be payable in lawful money of the United States of America at Zion's First National Bank of Salt Lake City, Salt Lake City, Utah, or at The Chase Manhattan Bank, New York City. SECURITY: The bonds will constitute the general obli- gations of the City of Salt Lake City, payable from general ad valorem taxes which maybe levied against all of the taxable property within the City of Salt Lake City without limitation of rate or amount. REGISTRATION: The bonds will not be subject to regis- tration as to either principal or interest. TERMS OF SALE Highest Bid. The bonds will be sold to the bidder making the best bid therefor, subject to the privilege reserved to the City of rejecting any and all bids and re-advertising such bonds for sale. The highest bid will be determined by deducting the amount of premium bid, if any, from the amount of interest which the City would be required to pay from the date of said bonds to the respective maturity dates at the coupon rate or rates specified in the bid, and the award will be made on the basis of -2- the lowest net interest cost to the City. This cost will be computed without reference to the possible redemption of the bonds prior to maturity. The purchaser must pay accrued interest from the date of the bonds to the date of delivery. Bids must be for all of the bonds at not less than par with accrued interest to the date of delivery. The Board of Commissioners reserves the privilege, in its discretion, of waiving any irregularity or informality in any bid. Award. The Board of Commissioners will take action awarding the bonds or rejecting all bids not later than twenty- four hours after the expiration of the time prescribed for the receipt of bids. Delivery. Delivery of the bonds will be made to the successful bidder as soon as practicable at some bank or trust company in Salt Lake City or elsewhere at such place as may be agreed upon by the City and the successful bidder, at the expense of the successful bidder. Bid Proposal. A bid proposal will be furnished prospective bidders by the City Recorder, City and County Build- ing, Salt Lake City, Utah, which should be completely filled out without change or addition by the bidder. A bid in any other form may be disregarded. All bids must be unconditional and, together with the bidder's check, must be enclosed in a sealed envelope addressed to the Mayor of the City of Salt Lake City, City and County Building, Salt Lake City, Utah, and entitled "Proposal for City of Salt Lake City General Obligation Airport Bonds, Series January 1, 1959." Bid Check. Each bid shall be accompanied by a. certified or cashier's check made payable to the City Treasurer of the City of Salt Lake City in the amount of $100,000.00, which certified or cashier's check will be promptly returned to any such bidder if his bid is not accepted, and which certified or cashier's check of any successful bidder who shall fail, neglect or refuse to accept the bonds so sold and to complete and pay therefor in accordance with the terms of such successful bid within ten days after the bonds are offered for delivery by the City of Salt Lake City shall be forfeited to the City. Prospectus. A prospectus has been prepared on behalf of the City, and copies are available at the office of the City -3- Recorder, City and County Building, Salt Lake City, Utah. LEGAL OPINION AND NO-LITIGATION CERTIFICATE: The City will furnish the successful bidder without charge the executed bonds and the unqualified opinion of Messrs. Dawson, Nagel, Sherman and Howard, Attorneys at Law, 1900 First National Bank Building, Denver, Colorado, approving the legality of the bonds, together with a certificate stating that there is no litigation pending affecting the validity of the bonds as of the date of their delivery. Dated at Salt Lake City, Utah, this Zlst day of January , 1959. Mayor (SEAL) . Attest: 4.1411/ r -4- Section 3. That by reason of the fact that the airport facilities of the City of Salt Lake City are not adequate to supply the present and future needs of the City and its inhabit- ants, and for other reasons, in the opinion of the Board of Commissioners an emergency exists, and this ordinance is necessary for the immediate preservation of the peace, health and safety of the City of Salt Lake City, and shall be in full force and effect immediately after its final publication and passage. Section 4. That this ordinance after its passage shall be deposited in the office of the City Recorder, shall be recorded in the Book of Ordinances of said City kept for that purpose, and authenticated by the signature of the Mayor and attested and countersigned by the City Recorder. ADOPTED AND APPROVED this 21st day of Januar/,199. / �r r1 /2, / Niayar-f - (SEAL) i Attested and Countersigned: piyyogy?#iow IV. It was then moved by Commissioner Theodore I. Geurts seconded by Commissioner L. C. Romney , that all rules of the Board which might prevent, unless suspended, the final passage and adoption of this ordinance at this meeting be, and they hereby are, suspended. The question being upon the adoption of said motion and the suspension of the rules, the roll was called with the following result: Those Voting Aye: Adiel F. Stewart, Mayor Grant M. Burbidee Joe L. Christensen Theodore I. Geurts L. C. Romney Those Voting Nay: None A majority of the members of the Board of Commissioners having voted in favor of said motion, the presiding officer declared the motion carried and the rules suspended. Commissioner Theodore I. Geurts thereupon moved the adoption and final passage of mid ordinance, which motion was seconded by Commissioner L. C. Romney . The roll was called with the following result: Those Voting Aye Adiel F. Stewart, Mayor Grant M. Burbidge Joe L. Christensen Theodore I. Geurts L. C. Romney Those Voting Nay: None A majority of the members of the Board of Commissioners having voted in favor of the passage and adoption of said ordinance, the presiding officer thereupon declared said ordinance duly passed and adopted. On motion duly adopted it was ordered that said ordinance be numbered 5 of 1959, and that after its approval by the Mayor and attestation and countersignature by the City J V. Recorder, it be published in The Deseret News-Salt Lake Telegram the official newspaper of the City of Salt Lake City, and be recorded by the City Recorder in the Book of Ordinances according to law. Thereupon, the meeting adjourned. r ayor (SEAL) t Attested and Countersigned: WI"\Coity e BILL NO. 5 of 1959 Published January 27, 1959 VI. STATE OF UTAH COUNTY OF SALT LAKE ) SS. CITY OF SALT LAKE CITY ) I, Herman J. Hogensen , City Recorder of the City of Salt Lake City, Utah, do hereby certify that the foregoing pages numbered I to VI, both inclusive, are a true and correct copy of the record of the proceedings of the Board of Commission- ers of said City taken at a meeting thereof held on the 21st day of January, 1959, so far as said minutes relate to Ordinance No. 5 Of 1953f said City, a copy of which is therein set forth; that said Ordinance has been duly authenticated by the signature of the presiding officer of said Board of Commissioners and countersigned by myself as City Recorder, sealed with the cor- porate seal of said City, signed and approved by the Mayor thereof, and recorded in the Book of Ordinances of said City kept for that purpose in my office; that said Ordinance was on the 27th day of January , 1959, published in full in The Deseret News-Salt Lake Telegram , a newspaper published and of general circulation in the City of Salt Lake City, Utah. IN WITNESS WHEREOF, I have hereunto set my hand and the seal of said City this 28th day of January , 1959. Ci er (SEAL) VII. (ATTACH AFFIDAVIT OF PUBLICATION OF ORDINANCE NO. 5 of 1959) $2,500,000 - - CITY OF SALT LAKE CITY UTAH General Obligation Airport Bonds Series January 1, 1959 PUBLIC NOTICE IS HEREBY GIVEN that the Board of Commissioners of the City of Salt Lake City,Utah,will on Wednesday, - FEBRUARY 11, 1959, at the hour of 11:00 o'clock A.M.,Mountain Standard Time,at the City and County Building,Salt Lake City,Utah.receive sealed bids and publicly open the same for the purchase of City of Salt Lake City, Utah, General Obliga- tion Airport Bonds,Series January 1,1959,dated January 1,1959. Principal and semi-annual interest(July 1 and January 1,beginning July 1,1959)payable at Zions First National Bank,Salt Lake City,Utah,or Chase Manhattan Bank,New York City. To bear interest not to exceed four percent (4'1) per annum and tol mature as follows in the denomination of$1,000: Amount Due Amount Due $100,000. 1/1/63 $200,000. - .1/1/71 100,000. 1/1/64 200,000. .1/1/72 100,000.. . -.1/1/65 200,600. -1/1/734 100,000.... 1/1/66 200,000 1/1/74 100,000.. .1/1/67 200,000. .1/1/713 200,000..- -.1/1/68 200,000..-. 1/1/76 200,000.... .1/1/69 200,000.. 1/1/77 200,000 ..1/1/70 Bonds maturing January 1,1973 and thereafter are subject to call prior to maturity,at the option of the City,on not less than thirty days'notice at par and accrued interest to the redemption date, together with a premium for each bond so redeemed computed in accordance with the following schedule: 103.00;,if redeemed all January I,1969. 103.001 if redeemed after Jan. 1,1969 but by Jan. 1, 1970. 102.504 if redeemed after Jan. 1, 1970 but by Jan. 1,1971. 1.02.001j if redeemed after Jan. 1,1971 but by.Jan.1, 1972. 101.50;4 if redeemed after Jan.1, 1972 lout by Jan. I, 1973. 101.0011 if redeemed thereafter. LEGALITY. The unqualified approving legal opinion of Messrs.Dawson, Nagel,Sherman&Howard,Denver,Colorado,will be delivered with the bonds to the purchaser. The proceeds of this issue are to be used to defray,in part,the cost of constructing a new Administration Building at the City's wholly owned and operated Municipal Airport. A prospectus has been prepared by Thornton D. Morris & Co., 304 Beason Bldg.,Salt Lake City,Utah,fiscal agents for the City. The prospectus, notice of sale or additional information may be obtained from Thornton D. Morris &Co.,or Mr.Herman J.Hogensen,City Recorder,City and County Building, Salt Lake City, Utah. ADIEL F. STEWART, Mayor, Attest: HERMAN J. HOGENSEN, City Recorder. VIII. Affidavit of Publication STATE OF UTAH, ss. County of Salt Lale I l TU or SATE Do M. Ockey CITY BALT LA E �OI'fY, 9 GENERALv ORLIRATION AIRPORT BONDS �I 7 SISSIES ANUARY 1,1959 Being first duly sworn, deposes and says that he is legal advertising sJANU9e,o9 akVi LS°nI7t .`s ci C O clerk of the DESERET NEWS AND SALT LAKE TELE- la5foneTa f the City f Salt =Lake Clty,Tliah,rill' 4.,,, . GRAM, a daily (except Sunday) newspaper printed in the Eng- : daa, the llth dayf (nFebruer.' a.m.. t the hour ut 11.dB clock my anti,Sounty Time,n lsp language with general circulation in Utah, and published in ii,�'cur anti, County Building, ' SeelLdib ie aCt pubiic v.npen the Salt Lake City, Salt Lake County, in the State of Utah. me Soy tho purchase of City of: ligation lke CitporUtaHondsner Serriies. aanumy L 1ea0.:daied aanpnry 1. That the legal notice of which a copy is attached hereto •,-,,1. ,vs: pa tIC 41: [le' • ,.tl, 9 fellows: ISSUE:CILy f Salt Lake Cit,v t,Seieral obtieation 5h.dal Ronan. Notice of Sale series aan�,ary i_.mso.dated Jan.' Li mideal erne i"et Sl,soo.000«i.. t d"tolmili,Ttlorr•oi00s°ob'dooi"eatne.' City of Salt Locke City, Utah tma urine. serially. in rear., - I �tcal order$In0,000.00 on the' drys P Sanetary In the v `l oDso.00de,"Boa-%�st"r�y;a"$; General Obligation airport fonds t Ulflueb0'n the Yearn 1000 to i9i'11 - lib th MIiT1 ve, RE7>CMF both i ➢reds mrmbe,r, � li i to lsoo,both rnnmaroa mawrn'� Series January 1, 1959, s t J 72, 1, 1 to the r s 'not 10'12, Both redemption a not •:nbiect t0'redemptlnn r to' ahoy.Ronan 1pmmren prior m $ r 500,January ,2,io0,both iatslvc,mnhiriii ian- ',t,thilt 1 "lithe the a 197i Moat Or I, r,rior eedcm0tlon,etehe�ontion tot he clN,m inverse nmm�r;eal January ?7 19590 ';la�9st'p,�yary 1,lnco.,ar an F, was publisbed in said newspaper on___-______5 I meet•thirty me'ea rier ________? Dtar thirty redhnte a t�. 'nee;>demotion ante.to5ether I with ea s ed com for each bond redeemed a need ill c a-d- yscr th'OTC: sc6^rlula:l 103,00%If r deemed en Sanu- 000 .I03.50 If t d C d thereafter.lt_. / I leer r �� r to jay f 102.50 If t d am or tone Ttly •" G� ��'' • 102.007 If 1rt¢ t d thereafter, (! / ?(97 2 .pilot-tJuly egal Advertising-Clerfx 1,01.5051,le redeYtned thereafter.yl halt 10t3 j 1 to Silly.,[ 1 iSatI e If retemptlnthefa hand,i subject thvto IkeerlCrnntl,^free slhahr'bed the nt.rre at the City of Snit Lake' city by public:Alnn of, otinr at'.. least once, not less th,'u1i thirty days or ,ore than silk, days G a prior to 3de;'"aite eaa'tlona before me this 27th day of in tile City of Salt[Ake Cityand' In a ilnoncial n wepnper o dicit Ofs nee l circula❑ew York. on n1n 59 l hiwp OSCNOF ISS T A.D. 19 1de( d t SCSI Y D t the`, , /// E. f �'tn1 t tjn t7 i l e a-^' fr+ • •:kf RES•t Thy,hn rl 1115'rt ftfT cal p18592E iH sl dl } • ,;_ 1/" I Crr - • _ tt ft n f ° d f' Notary Public s.tdders t s ecifv the hole f r Interest which the bo6T1 offered for sale shall bear,but must oral • o calendar coupon e r In excess any four f nclssgle to btu AlffeTentRots emit rotes of interest fm' lt" bonds: e.ghat site however, that o y nly,s hall specify Onc interest rate Onlvr ghat PAYt,h nray 1961. wlii Bath n e foal end Interest of Ili y vin:i 51 lawful r Amcrlye atthe Zfoes tFletSNalionui y➢ank f Salt Lalcr City, Salt' Lake City,Utah,or at The Chase I v Manhetten➢ank.Ncw Yorlc City. t li:C RIleT 0700,0ll,leg ironsoot _�th1e Cf oinf Salt Lakr:City,lolem wheels mare be 1 ticdoacnfn>` all es'the toyahln pp tY 'Ithln the Cfty of Salt Lake'Cloy without limitation 01 rate er ens n REGISTRATION: The tbonds will not he subjectto registration principal .ss to eldest nr rimvel rn ere_st. a) '/,. • t ld to E Bid.The bonds will he f id to 'Lee. bidder eking the pest eie eserved the to thf ejecting reserved to the City of iyt o privilege icing such _all bids for ale. o The highest hid will be detcr- mined by deducting the amount f n bid,-f a y,fro he amount f iotcrest which the City ahltl be r mart d bonds lt irespective maturity dates at the thenhid,ranod thteetsm ash C1Wiltt be made on the basis of the lowest ,et interest root to One City.TIII.s ate will be muted without reference to the ssihle demn- Hon'of the purchaser onha e r r rso n a. •ore uedT intcrc,t Nfrotno must date hoodsf tho bonds tothe date of dr- .Bids mut be ton nit of the hoods t t lest than par with accrued interest to the date of delivery. The Board of Commis- " s the Drivileoe,1n' iitr'ngu�larltvo0re informality in any' 'bid. Award.The Board of Commis./ ill take oaten a ax tins then elater a relectins al! bids t lathe than ttion of haute after the expiration e£the time prescribed for live receipt O of olds., Delivery. eh oryt a the bonds will be made to the successful l bidder acticle at e banksoot tnlsi ohI Lake City e etrr E= at !Atej City rind btheg end hotul bidder. f'the e000rusu of the dru1B1 o albee s he d.A rabsisde o tv e LCbtihtd deer CyunyeeBe Re e, City.Uahh hicik nu0dobeye o in Pletely ffiled-out ithout cliafige, 'In aaddlt.other form 5 may be ddia! regarded. All bids must be W bondltieoal and,together svifhthe' idder's check.must be enclosed foe May,enor rlofthelCitty of Sal`-Labe Cite. City and County 5niidine. can Left'City,vtah. I neilled ai for City of nail Lakel Bends,Seliesl January Obligation 1.1959."o • rt• Bid Cheek. Each bid shall he, eeshier'srch ck ymade cnoviabis to the City Treasurer of the City of: Salt Lake City in the amount of SlO0.00..Of, which certified certife otor ;cashier's aly ed iheck n once'such bidder if his certified not a cashier's and which certified t bidder o check of a toolessful riote who seal: F ol, ed or efirse to mni t the ponds o Id and to accordance a d thetherefor inordance with i. of 0 �rt essful hid with int tee dare delive y bonds offered for eCliity hal Lbe Core of Solt LaheCo City shall be forfeited Fsrbt to the City. Prospectus. A ncftur has been n deed on re half of the thethe C ailableecor a the o sod conies City Building. Salt Like and County Pvilding. Salt Lake Cbi;dOedeC lt tdVco'ao nh I, AL, OPINION d. cth e veA NtI atiND- -LITIGATIONOrt The iltit0nihl thyrurcessxl routed.howonnems. eninion , Dawson.Nagel. Sher and first National Attnal Bank of Lawn 1900 First Colorado. Bank Building. a legality Colorado. t,00hy the heal ei ft the bonds. orecthcr a iisit a igatiene stating at there is no duff or r e horde .0flectinh the valet t of the hoods of dhc d Ste.of deah tsisate at Salt fake their Cites.'Utah; this 21lt dam nt J0' STE tAOn. AIJIEL P'.5TEV✓Ayor plater Att:st1 test: RED MAN eT.n rdOGI:NSEN. Cr. Puklishnu January 27.1959. • lC.9el City and County of New York,s.s.:- VIRGINIA COSTA, being duly sworn, says that she is the Advertising Clerk of THE BOND BUYER,a daily and weekly newspaper printed and published at 67 Pearl Street in the City of New York,County of New York, State of New York; and the notice,of which the an- oneeeis a printedcopy, w Copy d as regularly published in rx W said THE DAILY BOND YEn on /r. Z9J H of 6 qz H O Pa M Advertisement , Advertising Clerk oz Subscribed and sworn to before me this H N daYaf 93 H - � Fri Fra o 6 U U H H O Hz AMELIA R.ALTMAN Notary Public,State of New York No.24-5060750 Qualified in Kings County Certificate in N.Y.Co. Term expires March 30,1960 (ATTACH AFFIDAVIT OF PUBLICATION OF NOTICE OF SALE IN SALT LAKE CITY NEWSPAPER) X. STATE OF U'I'AH,COUNTY OF SALT LAKE, CITY OF SALT LAKE CITY,S5. The Board f Commleoionrrs f the Cily f S i Lake n ty,r the County of Salt egul a d Starve of Affidavit of Publication full t tOBith e full conformity ides i and ity, o aihances and rules y and dira.SL he It d Ooun.v elt! the rats L_or etin Utah b ae the of Ja,to Wedii tine.the tint day I If January,1.rn. t thehour f' ota nob a am.on rol cam;the [foliowing 'net found to be oren.AH ent: Meyor:e rI F.SttC it 39 Commsss.one s:Gract M.Bur'bid8c. Tha,-PY"'terts,ake L.C.Romney Absent:None Also L Present:, olley,City Auditor James L Harker Jr.,City Attorney �1• 0 e]cey H rnwn rrovoe Cnwn'.there City RecorderThere dured, 33 tai and ennsidercd n the n 1'fo110R6llVANCL NO.5 OF Ip6A Being first duly deposes and i g g AN.ORDINANCP•.PROVIOINC g sworn, p eS Says that he is legal advertising FOR THE PUBLIC SALE OF THE GENERAL oeLIGATION clerk of the DESERET NEWS AND SALT LAKE TET I'- AIRPORT HONns,s+CIEs JAN. GRAM, a daily (except Sunday) newspaperprinted in the En VARY I.1960.OP THC CITY OP ' SALT LAKE CITY. IN THE "�- � g- FCR6irvcGZB$•'"'roiirvr°'oi'•TH lish language with general circulation in Utah, and published in NOTICE or sALE:t)sCL tt Salt Lake City, Salt Lake County, in the State of Utah, Feb PUBLICATION: DECLAR- ING AN F.MElE trr AND DAOTil Or THISf ORDINA CE td e°ir IOIAS"�ned "r',1`in That the legal notice of which a copy is attached hereto rho 13th Uzv f Sanuary, IG59, tt the Cityaof SaltoLnket Cllvl rlco.'oili5 fied to vote thereon the following Boat Lake City Bill No. 5 of 1959 tn-wir. c9hzil tho n.eotlabin. interest aniaihhgCnrf1 sgibtlLi, ityn,;;c An Ordinance Providing For The .Public Sale n aKFteeatc amo'in[ n'tnoinal _ ofeas,rnav e n ce so much t ring "-----"-- of is may over neoessnrr,f notl to i CgT, tw�ntY rrsdf«n'rr� of The General. Obligation Airport bonds, near'irx i ternat also rare;,nt e eea;ns tour rum Her he r:ones fn�il"o ur,rnoor o?ae=1111en� a t lh°matt"` Series January 1, 1959. fn=ev nuildi lato be byo nsh'uctin, a building to it known . o ministration ofaa structure No.?.c office sn ce structure to together with all facilities n '� r 4r vel�l'nQnnublc an0 otliers us1nF the alrnort7 and'BERI m than a nramr- was published in said newspaper on January 27, 1959. t'ty f the qualified electors oa he Clty ling n tlir n�est+nn bone.s�ted dvoted in fa rt1or o:the silo eioA ti hed'e'rr,ninrd,Cole. dter hereby leterm:ee. lhat the pond, so lhnrrted shouldO be n0°ity Icl "NOW,THY P11 RE.RF'IT OC C ASST t K LAKE COUNTY.ITAH Section 1. That 1election u d ' °n� 0,en l /Legal Adverti sing Cri e c A`ndt ootai1n CiT%f Sort Lake Clty- thr a unt ni tooa;Q000.and o thtic.sresult If said qucs a re eleehnn Is t;eThot - `eoclatna, 5cC'ton e Thus the Mover and the Cstr loedeng ',' hereby a ':,h tided nd dhectrd re have nu.111 Orton n hcc o[ sale of saga It the t 06eeate n root nr't Bonrclstl rf a2,so0.C,7,4 riaied'Sa miano it riasp. n The D.erc� N w.s:,lt before me this 28th day of n.L he Tof the m.the o tletal rl, to itrrf the City n( Salt Lake td hav�tnP-a server ml ei'uln here .n .I'1 Hard 59 Huya,a Einnneial n 'i drool nub, A D. 19 Uflf`! n Ncw York City. cw t111 York.vl Icast o re not]c,ss than ten e e nhae The ono, r to the sale derv_The r clor and the Citr necnrrler n .Isn further v notice as ti sin u steer and ' ei seemt - r r nsuabstans ellv r'ney thec follow inn • form: NOTICF.OF SALE CFTY°" • Notary Public SALT LAKE CITY.LTAH � GE AIRPORT BONAUSION SERIES JANUAItY 1, I959 %N.O0o CE I PUHLIt N ell m IS HEREBY om. GIVEN that else Hoard o Como Cssloucrs of N,c CI[v of salt Lnkc- ity.Utah.will on Wcdnes<t the 1T,day 37',rum-v.1p6p.nt the hires Hour nE Il',CO o'ploek n.m.Mnnn- �tain Standard T.ir.c,o! tha 9g ann unnh. H,�;iaida.sna Ln e1961._....-- City, attic sealed bfor a ,bilely n thr n for' the nrnrrhase City 6�i Lake cuv, Ulan, crnorat om�patfon An'non sonar.soma Jnnnary t. ]p9p.anted Jnnnm'v 1.^Orr. me a ticCUrly tles orihcd IonC ity n ISSOE�City E 9alt i.nlce City Genera'. 5, tion AUsport Bonds. Scryes Januniv 1.1p50,doted Jon- 1, ]95U. In tha p<epzrc pot,trim a bt f oedo�do0 ine trn,bfurf bonds En the aenominatlnn f ¢II it Ul each. i mawnrr . daily , mar I mertnal order stoo,opo.oa o, it ibn1ibey S uthrr eCi crldy AI'elceme ieepCbiity lad Cnmtv Building. Salt Lake City. t Utah.which should be cam- _ fisted out without chance - - ad yiti0`h by er fthy Bader.bA bid first days E Jannary£n the curb in aided All bids may'be be d 1963 to 196T,both Inclusive,at dregarded. d,ids mus ith un- conditional11. 20U.000.00 uu the first da.v: f bider,check, t be enclosed Ile a' n the rears 19d9 to 1977. a cede envelope addressed to- •n both inclusive. the Ala f thet f Salt L l e REDEMP'13ON: Bonds C-t City d t Building. Ib 1 to 1S00 nbolh inclusive. 3 It LakeCit ltf h d l l Fd i 63 t 197L Ihl ;the /B'tv"Gs 1 J bl tr S J9 it by we not u t cl I . 13 h k E bd n.11 b d101i ltU ID 1 accompaniedb tf d r r1Vi3 t 61977 a hl,l nth Li'hCitr r k f th C t-tf subSect to J e otot.00go0Cit Intl he rllhedt Orl the ontton Pt he City.di inversera bier's hecie will ha r �tiv 19t9c,l ruler d:nU 10 1 4 Nrned to any etch b•ddci fI 11 msn bid -s not a n!ed. and' hiciai , r vc ny fl Utloi pat ani certified orashlar's check f any ; ;MiInm'caf ttcti nOn :. ;cast , ry clue' i r [ice.`t par mueces successful bidder wino seal;fail, nd t d bltaoge er the Fleet or refuse to accept the, on CC oleo together her wall re- on bonds o sold and to complete and . GG con:owed us for bond cccordance thereeams of for i h; 1 '1 tlt ." I aed de I't' t d after the b successful nd5 10300. f d d Jlnnaly alto d £ d l' tc ih 1.1960, City f Slit L R -It h II be 103.9050 - redeemed lhcrealiett, ifoiirospe to the Citx. • but or..riot o ul. Prospectus. A prospectus has It redo beenosa,t n eal f the, '102.50:'a i n or e ore leadul'y City.land lnc nv'table a bur prior lq�ulY CIF, t eaad a Citr R •dc' 1, 1971. Lak d C t Bu11d g $=,C. 102.00'o E tnoc ee liter'often, 'Lake Cit Ill h, 1ut1972,o:d'ut t jf41Y, LEGAL OPINION AND "Vice 301,50"e- e tl b 2.e'''.'• Y 1 I Ity will furnish t e successful Th 1 10100% la i9d d-tit after,) coted bidder ilia bondsof t and .ih.v Nagel, l-Notice.of d tl P,,A bong Sherman and 1I , 1. Attorneys 'Sybl t to d p I .hall b�11 I.aco 1900 P't N:II 1 H k +E1Ven-UY the Cn TtTosureYY ln� Htuit h:s. Denver. Colorado 1 =f the tiytX f SaltL g h legality f th n tls.' City by bl h Y'Eats oCC a with lcti t t g .D Not herid 6 i g. rl t l li t t ds Halec. ih l d f th h dz''. p 1 t tha a li do aol f fn d t r.r a t , • f g at11r p(lt•' CC Bated Salt I City,U h. Ir 11.'aofal'inel'dl sc'•tU OR p11f-1 th' 21st ADIEL F.STCWohvl.or Iti Cii>'o£eN Y d,,, l IiSFALi • Pull OSE OF InSt E:uT yyyy{{ppg9.. vide Ills to defray in nhrP[l'4' AttOHERMAN J.IDGyCity�tSt't.'.er tineD 11Yddlna N 42 t;Vila S 1.-on 3. Th t byf L INTEREST Th ik.1111•yalll bc0': the theCity t y tt 4 Iairport C t l t-- ]t t o b 1 th f 5t d',,��''f et ade00 t t 1 l of J 1009 d 1 tally) . d note f th C l d,r h . ty n ti 11 t d le AP its to ban t d f other J t 'end J e h tee at as m f nth 1. .lytte t ) tIn the [• bonny stI C n r ;interest which he E,pnd moyfered exists.a d tele O d e is, £t le shun beano bat u t n tnecessaryfor the mac diate p elfy a coupon rate el,atjoke cI preservation f the peace.health cerennart_mem• In excel of-four, aId safety et the be le_.Sal`.Lake fsslbin to bid dfferentit.ee Idiot CRan.L, and shall be full force h7{t�C i f he.'nbands' 'f 1 effect t, d d nssssge. ie Its 'h snail eedI£yw Interests rate after+ts passage9 h thisi d ordinance' d I 1 f ld t 'tn he of t o f th f'Iv R der PAYMENT:both re i nal shell be.r n dad in the Book of Interest aE)the payable 1 onbi Stag;Sri ecf said Cat' kept tot y that 11ntntioo5.. -lal thenticaled Bank f t Zones Flew aft an e b`the silea(ure of the Mavm•a d I Bank f Sall[Lake Citr;Sall Lake tested, d cou:de:limed br the City,Utah,b'at The Chase Stan' City Recordee. Bohan Bank•New Nasa City. ADOPTFD AND APPROVED� SECVRiT g:nThe boost W1II cdn' this list day .lanuary .Sn. 5titdl the _ 'al bticatlshs f ADIEL 1'. 1.1 1' dRT. lh (Fry It'5 It L k Clio.nark 69 var' -ble [ , i r7 n3oleml iSI.AI,) t ,e4 m bPP 'er�C d acoittins' A.le.teol C enter ! Ith pt,4 f 8a161 k Cityywithout H}R51AN J -Gril SA Berl •Il lta bf t µpi." R was ll ^d b. . nos. RE �p su lON bonds d - Th d 1 Gc w 1J n9 h'g b t'to•-r�t¢(il[ration cored b f s_sio I file s lu TER 'tn OF S Sr interest. Pommy. that all rules of the TEBid 9Ali6 Board which:night prevent.unless i tollHiggoest bid The ponds 111 be suspended. hr lanai passageand' to the bidder ma]<iug the hest oye.i ion of this orinance ails :bid therefor. bf t t the privl- 1 t d t the City f defect t. E and h .hereby II d ell bids d -dyer The question n thy h I d b de'd le' The highest bid .a be 00 determined m sir ne sin o w t 'lies.the ing •dedpcl111ap1h¢eats Oil of premium scalier! with tile. *following ;hid, £ from lhr mop t ref ,,,,, J interest hlFh the Clty w Itl e,• c Those Voting Ave: rn1lied to ',froeg ec date of; Adiel P.Stewart.Mayor l <I bands to the peel ea ma- C an1 N.Burbic:l, terity nett t the o n r to r ,Tee L.Christensen :atcs ne Iflre 1n the bon.Intl tit' heodore I.Gcusts 1; a ds Ill- de ee the et to L.C.Rmmre3/; tf the e. Th Hato trill cost o. Those Voting Nay: None he Cite. This cost will h tom- .the moiorltf of the members of 'Oiled tvihaut reference to the pos. a .0m 1 tin e1r hav- •'iblc redemnti:n of the bonds e voted in f<nvnr of id motion. The chosen ^the presiding officer said the- 1i1st to of maturity. 'ntorest Born motion carried and the rules sus the date of theubmuds to the data needed. ' of carvers. aid: m st ne •or `commis sioner T h e o do r e I. all of the bonds nt not Icsa tM1 nil Courts thetemlen moved the alai Ih d t t I 1 f d n Courrisslencas ry B d cE Iis'e lnalice final E d lege.in t its isc e io nfe.,l waiviln IR ill rn,. The lo. 0 result: calledLwith an,Award. The Beard of Com- , Those Node,FAre: issloncrs will talre action or and- Ad/el(:rente St B.0 hlyor dde II leg the bonds or neetaing a: bids .JOe L.Christensen not later than twenty-four hours) Theodore I.Geurts doer.the xnl'tied of the Um., L.C Romney Prescribed for the receipt of bids. Those Voting Nay: None rDel/very. Dollvery of thebonds A i nits of the members of wig be made g e to the successful the Board of Conlnirasieners boo, bidderso son practicable a Mgsetae in f,nv0r,the pas e ue L aka Citmay ;/rust_elsewheoe at anis adoption.0-sold 0rdlna 00 [fie 1 1 a,o'be agreed 'd'. fF 1 o d f d d b ed cull then l ph nse of a the O d pl motion duly_d n I as .ul bidder. eared ihat d rl Ix. •r 5 f 10 th t f - 1 n1 tt.I to n t + ,,, ..,. I h 't R d b. lbini T'l 61ram'ihe t feinla n.s a0e, f the U.of San Like City, •Ti Ohs--Book of Or'dinancces accord nTa1 nerounan. the meeting ad- loomed. ADIEL F.STE\VAmayAT. or f SF.AL1 AttcfI"MAN Countersigned, u"c`ig-AZi Cds.'Reorder P1LY�hsa 5 of 196n ublished January 27.1859 fG771 5 Aot,.asA STATE OP UTAH,COUNOF TY CF SALT LAIC$, CITY SALT LAKE CITY.SA. The Hoard E Commletioncrs t Cou tyyat Sail Lake votlySlatet hat Utah,met in. s lar session. full onfarmty"with tod ite ot'dteanc and r les f id Cliv, Shp.City d County Buildiue. Salt Lake City Ulah. briny the ogala" Lg Place E rd ?ara.on weonosaar.�e�Ltt e ov January..1D59, t the„onr f Affidavit of Publication 10:00 o'clalK a.m. On loll all the £ollnwing ere Epuntl'W be Dres- entf moyoc",Ad;t P.Stewart Comntissloners:Grant M.Butbidse Theatloro hi�sCh it ti L ay Ramney[TAH Ahsen t:None Also Present: > Louis a'Holley.City Auditor James L.Harker th.City Attorney .g$, 'Th'e'a J.Hoyepaen.C,Lv R"ft=r.'` Lake Thereupon, there 'nthe laced.-read and coneltlered the, toIlORDINANCF LNO.5 CP 1959 A�yll ORDINANCE PROVIDING D iT,tttt THE GENERAILIOHLIGATION • AW• Ockey AIRPORT BONDS,SERIES JAN- %SALT ILAtch�CITYL NT!TAT n duty r and 7 I SCRIBINGOOTHEFCT°N OP IT F Being first duly sworn, deposes says that he is legal advertising NOTICF.OF SALE.DIRECTING ITA PDHLICATIGN. DEGLAR_ cerFz of die DESERET NEWS AND SALT LAKE TET F- ING AN EMEND TWi AND GRAM, a daily ,except Sunday) newspaper printed in the En PROVIDING THII FPPF:C'flvE DATE OF C HIS ORPINANCF.. y p g wNEREAs. _ • b^^a lisp language with general circulation in Utah., and published in lea;on any o.uea� e'nata ino lath day Pr •Inmaag l Salt Lake City, Salt Lake Count [ U these was submrttnd M tha electors y, y, In the State of Utah. f the City o[Salt Lake Cfol ouali- Eied to vale thorcon tEte tollDwiny, nnaaripn.to-wit-. snap the n cDtlanla. interest That the legal notice of which a copy is attached hereto beair ' e i blrgatinn l'in f he City (Alt Lake City hi the greeatD I rinefpal a un o as m be nece 2a mnrh mere. City13111 ]a, S of 1959, se as may over maturing Salt Lake "lolly o a ovioa of no:et° • n�a�ag i�i�r�it�tae rrit noiaeY s ub li c peal^� ton" pe, n,u An Ordinance Providing For the ,fn. adpfor th n, of"nnfravinx i� p�n.l,e vast f cline and rnvin9 tlia 1 airport by known Ad- ie building_^ it ing Nn as Sale of The General Obligation Airport ngofministration Armature Nn,-m - ine of a tmatvra m mn••'ae Wioe e for atrltnacs.loyel%er ait'. o Clnelli!lea t ssa plant fpr the' o�;t� Bonds, Series January 1, 1959. theveir Rort�nlic and others s s. '"WHEREAS.1110,P thana molar Ott;C lv tvotinr;1eml the aueesti^ir ro submitted voted in£avnr of thy'. hence d 27 6VIIER6.AS,the David at Cam- JJnuary 2!, 1959 I•'.tone ha= deter minad. d does h'ao t dtorize ne. that the was published in saidnewspaper on bonds so ,.hocized shetdN be oa CiYR ld NNE THEREFORE.RE IT DAINED HY THE HOARD OF SA T NERA OF ill",CO OH- F TV LAsU irm NTY EUTAh: Sohn, Suiu0n 1. That said Slatting altcd i the 'ov tbta tht, �� t A tt 9 � thl C'tl snE 72' 0 t t pE 7�� •R2 00 COO.O0. I!I sheetl a a`L icr'bsah etI°ll ditl th ynRcTlde Legal Advertising cCl erk— that'ired and dlreclrdtol1,v,puA- at 52.s1 trrieSt.nrtyd,t L Han�si itf , inU.Thy aatad sa-Sail Leke Trtep aem.itha"Ceti Nat vtp all f the City of Salt Lake City"rtl having p raml pi ula- flon mere,"•a >t°foi` he Sand Huger,a tfaancial p. d'cat ,b- 11shM n New corl<rtCi6v. Now 27th Yo_k,at'(cast o[hnn"tt Sys t "'arn to before me this ctto"the sate date The Mayor day of nil the City Rnt; r a I.tn urther dote Kl vc such seem and further notice may ,e m - A.D. I9 59 in substantially sell as olio ing subslnnlraily the fallowing fa NOTICI:YO OF laSALE • CIT SALT LAlft"CITY.LTAii GF.NERAL OBLIGATION AIRPORT HCND. SF,FiIEA$LA00000001.1959 /.. - PUBI.IC NOTtCtt Is HEREBY }'I GIVEN that the Board of coin, Notary Public eloper s of the City e Sal[Cain. Public Clty,Ula h,av 11I on Wcane=dov.�ha lllh day f Feb�uarv.19n9, hour n[11:00 alocic a n. htoum ' tantlard Timc,'nt the City city. Utiih.c nm aceive . sap Lm.e a publicly eh5e on n Shoe. , for Ithe nu'hose City f Sall Lake E Clty. U:,h. C.ena,1 Oblfrtatlpn 102, t annaa.saripe Jm,,,g,:v],xptres offs, tea Jani,nr> it 1959. nr _25. l_gb�_e honiarly acaa.lna, fou�we�, ,___ 153UE'City nE Salt L�akr.C14Y G qT.I Cti:nation Airport IIonds, Series Janu21,3.19R e aatm Jar: lly I, 1059. in the FF prafn t al a t t aide it.th e onsishnc.of iLr500 bnnds in tna aenomtnatton f RL000 nn caen- mar�dng rta%y m rao ma'at arse" Rloo.00li.00 ins illProposal. A bid ro➢osal1. be turniahed s tive bid- and Co➢nty City dlftnae,lg ltt' Citya City.Utah,which should be c pre addition by the bidder.cAab d • other tn�m n y be d iccdiho. All bide rust it rs-i' Or drtional nd,together with 0ed rin a a`e ledeuk.l0 st b dressnd ld theaMa,vor of the City of Salt i.alre' ClA' City d !y Huildind i Salt Lake City,Id' d nr0ltle,, Proposal for Cit•pf Sat,.ake ; esddy,January 27, 1959 BY Genel'al E•gruon i pmt Honds,Series January 1, 0011 Bip Check. Each oe halt hr. i' d b Payable d or •ff first d f v the years! thtoC tcheek "Treasurer made f the C ty of,loin t 1061 both he 1 tl Salt Lake Cie h. t of, gg20''-iai the fl t d nfI' a' t 0 0 t sum. ca hlerA QChunkhw II h.certifiedri Ir ' both Mesas lye- °turned t n v si Bch haddo nn(His 1 flEllk.fv/PI`hou Bonds bid 's at ac5ented. nd which t holed 1 to thou, both inclusive. er,itieI r hl^rrs ct eck of any l narsnitr on ` t •' 1 In the c 1 of t ]Ol2,llto r Inclusive. sue ,an alitetler n'trshad Syi fall.,! eie-not subject rrlem„rinn e&Icet 'fuse f a Vt be, ty. Donny bontls a sold and in 1 relan eta ce i d , bored liy to ary bo.Indusu t then>•terms o such gunat with , 'nC January 1 in the roam ihin ten daysr tier the bonds 1 subi ca t o both oemph01 are offered ftr delivery hr the [he o t0 ir�ne C'ill.In11nircree Ct00 Salt ake ..tv shall be ' f fy t rl t th (.IL Asti ill ftl.i.te JC.q; Ch ?dt d on 6 lfi hf thlfll th p�O'ati th 01i f rhea 1 11 ''t;, a City d County Building, S It �➢ in111M fdtl e 'p od I o- Lab Ct Utah I. !!! Q LEGAL OPINION AN') NO- [$ea�f/t�.]Jd dlod LITIGATION theOh Tb , t City will furnish h f I fy,.olih t.t d Prior Th a t bUdN ith t h tl }}p Ind b f Irl d'-D N f el! y t 1 t o ply Sher d es d. Actor nens 102.00' tl redeemed the aft l L 1000 P"t t B lkl- t brimL dr Henii o D C1 d. 1Q71 1 th IcRal1 r [t 1 ds�, 1102.0.5e but redeemed O it toa,A l hooch ',th a AP.t' t t n ➢ that tl lit. 'the d'nC 1 1rede affecting th the 1 validity of11 lb ds I1101.b0;'a n..or thereafter,' as ". ! but onn-o0➢trot to July Dated 1 Salt of Cy. Utah. 1.redo' �Y this 21st day £ Dap uarv, RT. 1OL00•,G if r'decMetl'tharcaftet`, ADIOS L'.STF{YAAT. i. N. of d irlpti f rbot1018 ISRAL` Mayo;l' b tb t th d0m➢lf0 h 11 p }}�T�„- Att HERMAN J.BOGENSEN th A m T th t 5 It L hest City Recorder Cat b0 1 bIi 9tt 'a [t t! Sect 0 Th t b 5 least C Vtj,,'11 ili thirty the fact that the t t facilities t days d Yet h d, tl I feth Cityf Salt Lake City nnor toq i0ihe bCl9bp tat date ] tad t t uo 1 1 [hc Clny df f6alE`Lako C tl t ❑� its d inhabitants,e and nion other ai fl p i s q9W p U ➢- the n [ the tile d Caty Ott ki ciy'ro 11 1 I, 0000y f C exOtk and this ord!nar.ce IS CPUZ{k'b�Et Qv t5 yl end Tnt�the i necessary foe the SU d safety n the h t f S Salt Lake d rival At the Salt City, d shall be EMI form d effect edi t 1. afterIts AI TLpp 9T:Then the first bear final bliratinn and passage i t Agd'A!r bl tl f d Sect 4- That 1ordinance th ae 1 58 Ned fle tt d ll f t, ftth t tE t th i,•l £ 1 Ja ary' d July f Y b It he 'd d Ih Ii. k l H gInyta t tle ifYY tl 1 [ din f 'd ! 1 t f • rll cal hlll tar but mostenot that'pin nos end authenticated SO'�,�bot shalt bean but. u t of l,. by the signature of o.l Mayor and 11Q r Y t cf f f en City Recorder. ante I d bythe rt ; It b ADOPTED AND APPP 'FD tni lbla t bll diff rlt ill this 21 t d Ja - n5a. 1 rates. f interest f t bonds; ADI I,F. STN WART. shal ,d. noWcanr, That any laid. Mayor) hall opeclfYY interest rate: /GFAL1 Only[ot' - maturllY. k`r Allestrd:I •[COuntersi_ncd: PAYMENT R th'Pr Ip 1 and IIRRMIN J H FM1SFN 'Interest will be payable lawful City Rcecider A t t L U f HfC f It w t 1 C 1 i 1f ItLk T 4h M erTh d I sec- onded f. b Commissioner 1.. h thEC 9B�Tk N 1t1 .., h h ht I t t I ,sond d ho m' g di nI t f h LC t t + d C 1 thisd t 119,1 tit be. d they hereby' e. t ri 5 whlci ggrgt r bus R d 6 l➢flt fhe d d ll bet the th1 Citvl pI H IE L A, Ithlh- d U id motion d the \vlili ut goal f the theII I H W I f 1 r "nt. Ire called with th following ftEGi6be 9TIDNr Th ,bonds It: 1 ad t not be'pblicct to 1C Iniec et Those Voting A>•S a to ether 11 I 'tntarest.! Adiel r.Stewart.Mayor �'EAM6 OP a6ALE Soett SChB §dacl iheel Bid The hods if be, t rei bltldex mekl th b t Theod I G efs+ h th a b.at1 th L.N li irt$e f and art R bId C faa f r. Those on Voting tf t_ N membershe 1 I R t uyhail', b t de Sp i Th 1 the B d C . h h'h..t bd ill nd tlt 12d bY voted in favor of said i. deducting the amount of premium. the p;siding°officer declared the Old, a f --h t fl Inchon d and the rules sus t L I I theCa. II b be ded 1 It theIt f, I Cmn Theodore 1 'd bpa I t 1 e nl Ceu;ts th moved the ado! rates dal t lh_ly n r to oe 'Courts i and final c of said c,tresrates lt!specified In the bid.pod the ordenanre., v hlchas motion s• dsncl�l range or.the hasis /dad T Co misslo e L1ot thttbe]y'Illino 'nteiilst cost tot R n The loll 'a called with the City. This cos wall be r »-I thr fao Sul x. Il:s nd lndcoa ctionroni th the nos- Those VO-inga Ire: riol to maturity. £ the bonds Adfel Tir_Stewart,3'ayor lust o matu ri.rA et estelloom Son Grant CIIBrisienrien the dale St tIre Benda to the date Timedo;'o 1.(leads; ui delivery. Olds n;fit §n for Thosa Voting Na L.C.Romney' all o the b d t nt 1 than t with d n t the A it. t the b of la:e of delivery. Ths H d f- the Board f C m ' "ha, o C ss of tno voted Infavor n the and ad 1' f Id ordinance itc 1p tin RIl t t informality 11 waiving Id; officer'theectittari Nkr Bing °tared Id ordinance 1. ded. al A ii; TI Booed no Corn- dad t d- I I writ to!,actione. O 11 I .1 t II li bards 1 all leld, ordered.' that i d( I n t l than.twenty-four f hours ountnered 5 of.pu- 11 after R. the tl ei ti time! its oftc »Ion id er o,he trnotece bdl • a ivei for the-nee of bids. the/'i!.'Rceordrr.it rye pnhliahed l nethr Y,de to t of the bonds Thn Deseret \r,vs Salt L,-,kr)1 b n t the f 1 Trlrora h if;ci al.h rl h,irr trust sect able ' f thrc it f 9 L Lak,f't d Sall Lake City p elsewhero at! Ae .d b thr CI y 14";'""I eh dace as may tbn e u ea upon n the law, of Ordinances accord- bidder. at and the s s.ti c =to law. l sucebinder. t idd expense uof the in, the meetirp od- es{//!bidder. .o rood, ADIEL F.STE\YA nT, ISEA0.1 Mayor' Attested d f105000e.l: IiF,RMAN J.H 0C t srty. Pub/shed.Jannax B52R.1850 nC-lot 5