Iron County record. [volume] (Cedar City, Utah) 1893-1982, 1920-06-11

In the year 1926 sufficient to pro-
duce the sum Of $4,760.0O, being in
terest $2,760.00 and principal 1000.
In the year 1927 sufficient to pro-
duce the sum Of $6,640.00 being in
terest $2,640.00 and principal $4,000.
In the year 1923 sufficient to pro-
duce the sum of $6,400O0, being in
terest $4,000 and principal $4,000.
In the year 1929 sufficient to pro-
duce the sum of $4,000, being in
terest $4,000 and principal $4,000.
In the year 1880 sufficient to pro-
duce the sum of $4,000, being in
terest $4,000 and principal $4,000.
In the year 1881 sufficient to pro-
duce the sum Of $5,860.00 being in
terest $1,860.00 and principal $4,000.
In the year 1882 sufficient to pro-
duce the sum of $5,560.00, being in
terest $1,560.00 and principal $4,000.
In the year 1888 sufficient to pro-
duce the sum Of $4,320.OO, being in
terest $l,32000 and principal $4,000.
In the year 1884 sufficient to pro-
duce the sum of $4,140.0O, being in
terest $1,140.00 and principal $4,000.
In the year 1885 sufficient to pro-
duce the sum of $4,000, being in
terest $4,000 and principal $4,000.
In the year 1896 sufficient to pro-
duce the sum of $3,780.00, being in
terest $4,000 and principal $4,000.
In the year 1887 sufficient to pro-
duce the sum Of $4,600.00 being in
terest 100000 and principal $4,000.
In the year 1888 sufficient to pro.
duce the sum of $4,000 being in
terest $4,000 and principal $4,000.
In the year 1889 sufficient to pro-
duce the sum of 100000, being in
terest $4,000 and principal 100000
Said taxes when collected shall be
applied solely for the purpose of the
payment Of said interest and prin.
cipal of said bonds, respectively and
for no other purpose whatever, un'
til the Indebtedness so created under
this ordinance and resolution, prin
cipal end interest shall have been full.
ly paid, satisfied and discharged. But
nothing herein contained shall be sc
constituted as to prevent said City
from applying any other funds that
may be in the City Treasury ant
, available for that purpose, to the pay
ment of said interest and principa
and interest as the same respectivel,
mature, and the levy of levies herein
provided for to meet the interest OF
said bonds and to discharge tn,
principal thereof, when due, are here
by appropriated for that purpose anC
said amount for each year shall ais,
be included in the annual appropria
ton bills passed by the City Council
in each year respectively.
Section s. The sale of said $4,000
lighting Bonds, consisting of bonds
numbered from l to inclusive, ais,
$50,00000 Water Works Bonds, con
sisting of bonds numbered from / /,
80 both inclusive to Palmer Bond anC
Mortgage Company, corporation o
the State Of Utah, and the action o
the City Council in accepting its biz
and all acts and proceedings pertain
ing thereto, are hereby considered ant
are hereby ratified and confirmed ant
the City Treasurer is hereby author
lied, instructed and directed to deliv
er said bonds when properly executed
to said Palmer Bond and Mortgag,
Company, upon receipt of the pur
chase price therefor.
Section EN- the opinion of tn,
) City Council of said Cedar City, it il
necessary to the peace, health anC
safety Of said Cedar City that thil
ordinance become operative immed
lately, so that the work Of establish
ing a lighting system as well as
water works system may be commenc,
ed without delay.
Section Now therefore, be il
further ordained that an emergency
is hereby declared and that this or
dinance shall take effect and be in
force upon the day Of it's passage, APP
proval and publication.