HomeMy WebLinkAbout10 03 1976 Ord. 173PROOF OF PUBLICATION
STATE OF IDAHO
ss.
County of Bannock
LEGALADVERTIS S
Katherine 'Manner
LEGAL ADVERTISEMENTS
nfirmed, including, without 7rn on oath deposes and says: That--------She-------------
e and State of Idaho
"City," the "County"
CO
limitation, the sale r the bonds o
Purchaser as herein proofdtne
herein mentioned a Citizen} Of the United States Of
(herein the
herein
and the "State," respectively), is
corporation duly
the
Section 6- After any
are issued, this ordinance
21 years of age, and the Principal Clerk of THE
a municipal
organized and existing as a c;tY
laws of the
bonds
shall constitute an irrevocable
between the City and the
jRNAL, o daily newspaper, printed and published at
under the general
contract
holders of the bonds:
19 7� ----------------------------------------- 19------
State; and
WHEREAS, the water facilities
im-
holder or
and this ordinance if any bonds
be and
County, Idaho, and having a general Circulation
of the City presently need
provement, betterment and ex-
are in fact issued, shall
shall remain irr. pealable until
Bond
19------ 19------
tension: and"
WHEREAS, the City Council of
the "Council ,)
ie bonds, as to all the
Requirements due in connection
bonds, shall be fully paid,
,nt or notice, a true copy Of which i5 attached, Was
the City (herein
has determined and does hereby
th t the interest of the
with the
cancelled and discharged, as
rovided, subject to the
E IDAHO STATE JOURNAL, on the following dates,
redeclare a public in-
community and the p
necessity require the
here n p
defeasance provisions m
Paragraph 32, Bond Ordinance,
and
short title 19-1-76 Public Sale
the "Bond
terest and
immediate improvement, bet
of the
Section 7. This ordinance may
as
shall be redeemed
order only from the
terment and extension
City's water system (hereintheproy,ded
be amended or supplemented
by, and subject to the
40, bond
Council authorized
and public sale of the bonds in the
-project" and
respectively);
I mita 'ons in, Paragraph
and all provisions
19 7� ----------------------------------------- 19------
-Improvements,"
Ordinance,
supplemental to
Council provided that sealed bids
be received and publicly
andtherein
WHEREAS, for the purpose of
the
Paragraph 40: but whenever the
is used therein,
19------ 19------
defraying wholly or in part
the Project ,the Council
term "ordnance"
it shad be construed as a
...... ----------------------------------------
cost of
further deems it necessary to
bonds
reference to this ordinance,
Use of interim
19------ 19
issue its water revenue
(herein the 111976 bonds' and
Section 8.
Certificates for Interim Finan -
- ---------------------------------------- --_---
merely "bonds' ), in the
amount of
ting The Council authorizes the
to issue interim cer-
19 19
aggregate principal
solely from the
Treasurer
in an aggregate amount'
,
$250,000, payable
revenues of the City's water
(herein the "system" and
tificates
not to exceed the maximum
Of the bonds, payable to
19
system
merely the "Facilities"), as so
roved pursuant to the
amount
the lender - which agrees to
rovide interim financing during
,
mp
Revenue Bond Act (herein the the construction period pending 105 been Continuously and uninterruptedly pub -
"Act"), cited as Sections e, and
the preparation of the bonds
through 50-1043, Idaho Code, and authorized by Ordinance No. 170
all laws thereunto enabling: and and by this Ordinance No. 173. for a period of seventy-eight Weeks prior to the
WHEREAS, pursuant to Said interim certificates shall
Ordinance No. 170, duly in- pear interest at a rate of not ex- tice or advertisement and is a newspaper within
troduced, passed and signed as of seeding 10 per cent per annum S
the 26th day of August, 1976, and from their respective dates until Of "adesignated in S 1 thereof by the maturity and shall be signed by
short title "9-}.7b Bond the Mayor, Clerk and Treasurer.
ordinance," and to a resolution
Said interim certificates, together
d assed thereon from
then also so introduce , p
signed, and designated by the
with the interest due
the date of the issue of each of said
and
short title 19-1-76 Public Sale
the "Bond
interim certificates until paid,
and retic din
Resolution" (herein
and the "Public sale
shall be redeemed
order only from the
Ordinance"
Resolution,", respectively), the
the issuance
numerical
roceeds of the bonds, or from the
net of the system if said
Council authorized
and public sale of the bonds in the
revenues
bonds are not delivered. Each
be
principal amount of $250,000: and
to the
interim certificate shall
in the office Of the
WHEREAS, pursuant
Public Sale Resolution, the
registered
Treasurer and any transfer
be
Council provided that sealed bids
be received and publicly
thereof must likewise
in said office.
would
opened for the bonds on the 28th
registered
Section 9, Form Of interim
day fo eptte�mberr, 19,76 at t e
Certificates. The interim cer-
substantially
hour
Mountain Daylight Savings Time,
City Hall Building, 5160
tificates ng form:
the following
at the
Yellowstone street, Chubbuck,
CITY OF CHUBBUCK, IDAHO
REVENUE BONDS
Idaho: andWATER
WHEREAS, afterpublished and
SERIES 1976—$250,000
mailed advertisement therefor,
bids were so received and
INTERIM CERTIFICATE
sealed
opened at the designated
No.
publicly
place, date and hour: and the
Principal Amount: $--
City, acting by and through its
Interest Accrued: $
Treasurer and its Financial
Consultant, has tabulated and
Total Due: $--
City of Chubbuck, Idaho, —
otherwise analyzed all bids SO
submitted for the purchase of the
1976
The Treasurer of the City of
bonds and has reported the results
Chubbuck, Idaho, will, on
thereof to the Council: and
}q76, or, at an earlier date upon
WHEREAS, the Council
determined and
call by said City, pay to
of the Treasurer of
thereupon
declared that the bid submitted
at the office
the City Of Chubbuck, Idaho, the
for the purchase of the bonds by
sum of Dollars ($
Piper, Jaffray & Hopwood, Inc. in
) together with the interest due
cawttle, Washington (herein the
1hPrenn at the rate of per
rn to before me this ----------6th---------------------------
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Notary Public, State of Idaho
Residence: Pocatello, Idaho