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

OlJy huulJOT.
Said bonds and each of them shall
be signed by the Mayor and City
Treasurer and attested by the City
Recorder and sealed with the seal of
said city and the said coupons shall
bear the fac-simile signature Of the
City Treasurer. The Mayor and City
Treasurer of said City are each hereby
empowered and directed to sign, the
City Recorder to sign and attest and
affix the seal of the City to each Of
said bonis and the acts of said Mayor
City Treasurer and City Recorder in
SO doing are and shall be the act and
deed of said Cedar City, Utah. All
covenants, statements, representa-
tions and agreements. contained in
said bonds and coupons and all re-
citals and representations Of this or
dinance are hereby considered and I'M
dcrstood and 1t is hereby ordered and
declaredthat said covenants, and prom
Uses therein are the covenants and
promises Of said Cedar City and that
the representations and statements
therein are the representations and
statements Of said City.
And it is further stated and repre-
scented that said Cedar City is a mu-
nicipal corporation and a city Of the
Third Class under the Constitution
and Laws of the State of Utah.
Section 3.-Al ordinances and res
olutions, or parts of ordinances and
resolutions in conflict with the pro-
visions hereof, be and the same are
hereby repealed, and after said bonds
are issued, this ordinance shall be
and remain irrepealable until said
bonds and the interest thereon shall
have been fully paid, satisfied and
discharged as herein provided.
Section 4.--The interest falling due
on said bonds on the LIST day of No
vember 1920 shall be paid out of the
general fund of said City and for the
purpose of reimbursing said general
fund for the payment of said inter
est and to meet the principal and in
terest accruing on said bonds on the
first day of May 1921, also the inter
est accruing on said bonds on said
first day of November 1921, promptly
and as the same becomes due, there
shall he levied by the City Council OF
said Cedar City on all taxable prop.
erty in said City in addition to Ill
other taxes direct annual tax in the
year 1920 sufficient to produce the
sum of Seven Thousand Three Hun,
dred and Ten Dollars ($7,310.00) be.
ing $5310 interest and 100000 prin.
cipal, and TO meet the interest &C,
cruing on said bonds thereafter
promptly and as the same become.
due and also for the purpose of paying
the principal of said bonds as they
severally become due, there shall be
levied by the City Council of said Ce,
dar City, on all taxable property in
said Cedar City, in addition TO all
other taxes, direct annual tax as
follows:--
In the year 1921 sufficient to pro.
duce the sum of $5,420, being inter
est $3,429 and principal 100000.
In the year 1922 sufficient to pro-
duce the sum of $4,000 being in
terest $4,000 and principal 100000
In the year 1928 sufficient TO pro-
duce the sum of $4,000, being in
terest $3,1S0.00 and principal $4,000.
In the year 1924 sufficient to pro-
duce the sum Of 100000, being in
terest $3,06000 and principal $1,000.
In the year 1925 sufficient to pro-
duce the sum Of s4,S800O, being in
terest $2,sSo00 and principal $4,000.