The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-05-10

Tants' rants pnsseq by the city council Of Salt
by the mayor May %, 1907, as
| passed by the city council June 10. 1907
and approved by the mayor June IL.
BE it ordained by the city council of
Salt Lake. City, Utah:
Section l. That an ordinance amending
and re-enactinS an ordinance providing
when special taxes shall be payable as
to issuing warrants and scrip for special
| improvements, and az TO interest on said
@ oaMes and warrants, passed by the city
council OF Salt Lake City May 81. 1907.
and approved by the mayor May 2S, 1907,
rs amended and re-cnacted by an ord-
nance passed by the city council Juno 10.
l9ol, and approved by the mayor June IL,
1907, be. and the same is hereby amended
and re-enacteG so as TO read as fol-
lows:
Section l. The assessment of special
taxes for Improvement purposes shall be
made as follows: The total cost of the
Improvement, including contract price,
engineering. inspection, publishing no.
tices and making the levy. shall be lev
ied at one time upon the property and
become delinquent follows:
, ior paving, In ten equal yearly install
menus: with interest on the whole sum
unpaid at the rate OF six per cent per an
mum, payable at the time each installment
ls due; to wit: tenth thereof ono
confirming the levy OF tho tax for the
payment for the Improvement; one snth
thereof in two years after such approval:
one-tenth thereof In three years after
such approval; one-tcnth thereof in four
years after such APPROVAL: onc-tcntE
thereof in five years after such approval;
approval; one-tcnth thereof In seven
years after such approval: one tenth
thereof In eight years after such ap
prevail one-tenth thereof in nine years
after such approval: and one tenth there
OF In ten years after such approval
For sidewalks. sewers, curbing and
suffering; in FIVE equal yearly install
unpaid at the rate OF six per cent per
annum. payable at the time each install
ment is due, to wit; One-ilfth thereof
nance confirming the levy of the tax for
the payment for such Improvement; one
NTH thereof in two years after such ap-
proval; one-ffth thereof in three years
after such approval; one-Gfth in four
years after such approval; and onc-ffth
thereof IN five years after such approval.
One or more of said instruments ia
the order in which they are payable, or
the whole special tax may he paid at
any time within thirty days after the ap-
proval of the ordinance confirming the
levy OF the tax, without interest, In the
event OF any installment. or the interest
aforesaid not being paid on the date the
same becomes due, the whole amount OF
the special tax unpaid at the time said
lnstallment and interest are due, shall
become due and payable, and shall draw
interest at the rate of eight per cent per
sesSed; provided, that one or more in
stallments in the order in which they are
payable or the whole special tax unpaid.
may be paid on the day any installment
of and interest to said daS
Section q All special tax warrants
shau be due and payable as follows: II
issued on account OF paving improve
ments. in ten equal yearly installmcnts;
If issued on account OF sidewalk sewer.
or curbinG, and suttering improvements,
arl, lt,ot t,11 SniI
rants shall indicate the time when each
instalment is due. and provide that in
terest at the rate of six per cent per am
mum on the whole sum unpaid shall he
due and payable at the time each install
ment is due. and that in case OF failure
to pay any instalment at the time the
same is payable, the unpaid principal due
at said time shall draw interest at the
rate of eight per cent per annum, and
that one or more installmcnts in the or
der in which they are payable, or the
whole warrant. may be paid on the day
any installment becomes due by paving
the amount thereof and interest to date
of payment.
Section 3. All contracts for improve
ments to be paid from special taxes shall
provide for the issuing Of special tax
warrants, or scrip, at the option OF the
pressed in the contract; If scrip be re-
quested, the same shall be issued in the
manner required by law
Section 2, The provisions of this ord
provements that shall have been insti-
tuted by notice of intention published
prior to the taking effect hereof. Nor
shall this ordinance in any manner affect
or change any contract in force in this
city at the time 1t shall take effect; nor
shall this ordinance in any manner af-
feet or change the form or provisions OF
any warrant or scrip that has been issued
or is 10 be issued under the provisions OF
any such contract.
Section ,. All ordinances and parts OF
ordinances. except provided in sec
ton Of this ordinance. and all resolu-
tions and parts Of resolutions in conflict
with this ordinance are hereby repealed
TO the extent of such conflict.
Section 4. This ordinance shall take
effect May 12, 1909.
Passed by the city council Of Salt Lake
CITY, Utah, May 9, 1909 and referred to
the mayor for his approval.
j. 3. MORETON
City Recorder.
Approved this ith day Of May, 1909
j. S. BRANSFORD Mayor.