Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1917-12-14
BE il Ordained by the City Council of
Cedar City, Utah:

BE il Ordained by the City Council of
Cedar City, Utah:
Section I. That the cost of con-
struction of the improvements in Side
walk Districts Nos. /, 2, 3 and a, and
in Curb and Gutter District No. /, in
Cedar City, Utah, shall be paid in
special tax warrants in denominations
of $4,000, $4,000 and in such am
cunts less than $4,000 as may be
necessary, which said special tax war;
rants shall be in the form, bearing
the date and having attached thereto
principal coupons and interest cou-
pons, substantially as follows, to-wit:
UNITED STATES OF AMERICA
State of Utah, County of Iron
CEDAR CITY CORPORATION
Mo-. $...........
Special Tax Warrant
To the Treasurer of Cedar City Cor
poration, Utah:
Pay to bearer, out of the funds
derived from a special tax levied upon
the property included in-----Distric
No. by an ordinance duly passed,
approved and effective prior to the
issuance of this warrant, to defray
the cost and expense of----con-
struction in said district, the sum of
------ Dollars,
on account of work done in said dis
trict, said sum to be paid in five equal
annual installments as per principal
coupons hereto attached and made a
part hereof, as follows:
/. December 20, 1917, s.
2. November 8, 1918, s.
3. November 8, 1919, s.
A. November 8, 1920, s.
5. November 8, 1921, s.
Interest at the rate of six per CEN
tum (69o) per annum on the whole
sum unpaid shall be due and payable
with each installment as evidenced by
and upon the presentation and sur
render of the interest coupons hereto
attached; in the event of failure to
pay any installment at the time the
same is payable, the unpaid principal
due at said time shall draw interest at
the rate of eight per centum $50
per annum. One or more installments,
in the order in which they are payable
or the whole amount of this warrant
may be paid on the day any Install
ment becomes due by paying the
amount thereof and the interest to
date of payment, and both principal
of and interest on this warrant are
hereby made payable in gold coin of
the United States of America, of or
equal to the present standard of
weight and fineness, at the banking
house of Keller Brothers in Denver,
Colorado, or at the Office of the City
Treasurer of Cedar City, State of
Utah, at the option of the holder. The
said City Treasurer shall give thirty
days notice, of his intention TO pay
any of said principal or interest
installments by written notice mailed
thirty days prior to the date selected
for payment, to the last known holder
or owner of this warrant. And it is
hereby certified, recited and warrant
ed that all things, acts and conditions
required by the constitution and laws
of the State of Utah, and the ordi-
nances of said city to exist and to
happen and be done and performed
precedent to and in the creation of
said ------- District No. -,
and the construction of the improve
ments therein and therefor, and the
issuance of this warrant in order to
constitute the said warrant the bind
ing and valid obligation of said city,
and payable as aforesaid, do exist and
have happened and been done and per-
formed in regular and due form and
time; that the total costs and eXpens-
es of said improvements have been
duly levied and assessed as special as
sessments for ---- improve