The Sun. [volume] (Price, Utah) 1915-1932, 1919-07-04

piled solely for the purp,.. s,..,t,-.
y said bonds hat Tho p1y.b"...
hereof shall In no manner BE- 800,
ihl" for the application ur disbss,I
~ said city or any uf its officer, ~
amy 81 the funds derived from The a.
said bonds.
See. 3. That IN order ts r,i.. M.
eccHsary funds with which 10 pay ~
Interest," due on said bonds pfumpib
hd ~ tho same accrue. aud nta, f6r
ne purpose 81 constitutions n sinking
una 20 pay onc.twouiIrth III IN
principal Of Huid bonds boo each yea
here shall be levied Bon zach u tbs
ears 1919 to 1898. inclusive. nn All of
nc thNnhlo property iu slIi rlty. Ir
addition e. all other tHNrs. dfcsf
hhuul tax sufficient ~ produce ths
um 81 eighteen thousand seven hua.
dfvd dollars NtA.7Oul boz each year
cling ton thousand two hundred doi
htH Nlu,2uOl Tor Interest and eiEhi
thousand five hundred duilars ltssool
Tor principal. aud. said taxes Whaf
collected, shall be- applied su.riy f6f
the purpose uf the payment ~ at
lhinrort nnd PRINCIPAL uf said honff
respectively aud Goo Do. other pff.
pos" whatever. until the Iuu, Htednfs
30 contracted under this ordinance
principal ana Interest shall have bf,r
luiiF paid, satisfied and iI. blfFea
but nothing herein contained shall b.
- construed nH tp prevent aid uu
irum applying any other funds thai
may De- IN the city treHsurr Hud avail.
hhl0 Tor that purpose Co. f.r payment
Of said Interest or principal as herein
bolor" specified.
See. Whenever. after tho eS
lrhtluu 81 fifteen Gal years from me
dh'" ~ Huid bonds tho City has molti
q said sinking fund sufficient % r.
deem any uf said bonds aud asailablt
or that purpose. ana desires 90 eKef'
else IT, option 80 a. redeem tho cts
council shall by resolution rArrt.sr
thth option, specifying tho amount ~
bonds 10 be 50 redeemed. ana there.
upon the city TREASURER shall call ~
Ihd pay ana REDEEM Fuid account o.
bonds ln numerical order, beginning
with the lowest numbered bond thef
outstanding Tie shall call said hunif
~ publishing Tor Ht least thirty daW
~ q newspaper published and ui gen.
tlal circulation in the cts u, Price, ana
" "a similar newspaper Boo Denver
colo, notice, stating that hr VII
on ~ before certain date ihereih
named (which shall bee az least twenty
eight days after tho first publication
OF said notice. pay ana redeem Ger
l"ih ui said bonds, giving their mum
l"rs nnd date and hy mailing "a llht
h"lt'r, postage prepaid, addressed ~
ll"rWurth, chnnuts A. eco. Denver
colo, on or before the date of the iif-i
publication ~ said notice. aud Too els
any "i such bonds sn called are no.
presented Tor payment ON ur htl',
De- date mentioned in said notice. az
the place whore they are PAYABLE t
lhrir terms, then such FUNDS iuF theu
laA inent shall remain in tho Treasure
OF TIE city a. pay such bonds Nhr.
ever presented, hut such bonds nill.
cease Ia draw interest after me ga"
lArh IN such notico for their rr1'mN
See s. The city recorder shall
make aud keep "a list 81 the bonds Z.
sued under this ordinance showing me
acts required by statute.
See =, The bonds issued lhl.-
thls ordinance shall be exempt no"
TAXATION hy the city of Price
Sec, 10, All ordinances. bylaws tN.
regulations at tho City of Price u con.
ili,t WIN this ordinance nre hrf'''
See ~, This ordinance shall b,
ana remain irrepealahle until st'..
bonds and the interest thereon slt.
nave been fully paid, satisfied ana lf
charged as herein provided
Sec. ~, This ordinance. tIu'
adoption and approval hy the W.,...
shall Do" deposited Ia the office oi lIs
,l} recorder ana published one, ?.
Ihr sun, "a weekly newspaper ui btI
elil circulation published within
,liN of Price, and owing tu Che
llai the city is not properly pr ''.
quarterly supplied with water
,itrulN is declared 90 exist. uul lNr
Tore ihr ordinance shall go into r.l..
hu he lu force Immediately un.n
Publication
Passed hy the city council tna TOT
day Df July. a. H.. 1919.
GEO a. WODTloE.
Mayor oi Prise
Attest.
MAT GIIMOuE.
city Records.
Approved THE ist day ot job
d. 1918.