HomeMy WebLinkAbout07 25 1974 Bond SalePR(oOF OF PUBLICA (ION
STATE OF IDAHO
County of Bannock 55.
T' a.therine Wanner
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(Form Of Notice of Bond Sale fol' shall be returned if the bid is not c•,
Publication) accepted. and if the successful�
NOTICE OF BOND SALE bidder shall fail, or neglect, or Ily sworn on oath deposes and Says: That____________________________
$1,000,000.00 refuse to accept the bonds so sold me5 herein mentioned a Citizen of the United States Of
CITY OF CHUBSUCK, I DAHO and to complete the purchase of
SEWER
5ERIESO OCTOBER
days following owngthe
the cccepta cue f Lire than 21 years of age, and the Principal Clerk of THE
NOTICE 15 HEREBY .GIVEN his bid, or within 10 days after the TE JOURNAL
that the City Council of the City of bonds are made ready and are , a daily newspaper, printed and published at
Chubbuck, Idaho, on Tuesday, the offered by the City for delivery,
20th day of August; 1974, at the whichever is later, the amount of annock County, Idaho, and having a general Circulation
hour Of 8 o'clock p.m., MDST, his deposit shall be forfeited to
at the City Hall, in Chubbuck, the City. The privilege to waive
Idaho, shall receive and'publicly any irregularity or informality in
open sealed bids for the purchase any bid, to reject any and all bids> document or notice, a true copy of which is attached, was
of the City of Chubbuck, Idaho, to reoffer the bonds for sale is:
Sewer Re, 19 Bonds, Series expressly reserved by the city.: the said IDAHO STATE JOURNAL, on the following dates,
October 1, 1472 (herein the The successful b drier or bid -
"bonds")',
in the principal amount ders will be required to make
Of $1,000,000.00, dated October 1, payment for and to ' accept
1972, in the denomination of delivery of the bonds at a bank or
$5,000.00 each, numbered con- trust company in Chubbuck or
secutively in regular numerical Pocatello, Idaho, or Portland,
order from 1 through 200, and Oregon, or, at 'the ,sur_cessful 7K
maturing serially on the first day bidder's request and expense, at ---- ------------� 1 -4 --------------- ------------------------- 19 ------
Of
9 ------
of October in each of the 'some other bank or trust company
designated amounts of principal in The U.S.A, i 19 % 19
and designated years, as follows: he Official Notice of the Boric: --------------- - -------------------------------,
Principal Years Principal Year Sale, the Bond Ordinance, a
Vlatur� Matur. Matur-Matut Statement of Essential F cts,and
74 ing ing ing ing financial and other information -L--------------------- 19------ ----------------------------------------, 19------
$5,000 1975 25,000 1995 may be obtained from the City
10,000 1976 25,0001996 Clerk. The lega€€ty of the bonds. c
will be approved by Messrs. t J-
10,000 1977 25,000 1997 -------------------------------
-------------------"--"-, 19---
10,000 1978 30,000 1948 Dawson, Nagel, Sherman &
10,000 1979 30,000 1999 Howard, Attorneys at Law, 1900
10,000 1980 30,000 2000 First National Bank Building, 19 19_____
10,000 1981 35,000 2001 D nver, Colorado 80202, whose --------
" _
10,000 1982 35,000 2002 final approving 00inion, together
10,000 1583 40,000 2003 with the printed bonds and aid paper has been continuously and uninterruptedly pub -
10,00 1984 40,0002004 certified transcript of the legal,
E 100 1985 40,000 2005 thebondpurchaserw
pwill be roceedings
15,0000 1986 45,000 2006 thoujd County for a period of seventy-eight weeks prior to the
charge. Interest on the bonds is
15,004 7987 45,000 2007
15,000 1988 50,000 2008 exempt
mptfrom taxation rnrOf said notice or advertisement and is a newspaper within
presentfederal and state income15,000 7989 55,000 2004 tax laws. Legislation is pending in of the laws of Idaho.
20,000 1490 55,000 2010 1
20,000 1991 60,000 2011 the U.S. Congress which, for some
20,000 1992 65,000 2012 investors, may affect the present'
20,000 1993 federal income tax exemption of
EEy�sl.�
20,000 1994
bond interest.
The bonds maturing on and By order of the Mayor and
before the first day of October, Council of the City of Chubbuck,5
1982, shall not be subject to prior Idaho, this 23rd day of:July, 1974. ed and sworn to before me this----`�------------ 1r -11 -- -------------- ----
redemption, except as herein _S -John O. Cotant Jr. Mayor
otherwise provided. Attest: L -ust
The bonds maturingcn and -s-Vera C. Arm,Strong, City Clerk - '---------------- ,
after October 1, 1983, shall be July 25, August 1, !T, 15, 1974
subject t0 redemption prior to No. eao
their respective maturities, at the
option of the City, in whole or in �ry
___'
part, in inverse numerical order,
on April 1, 1983, or an an1 interest Nlic, State of Idaho
payment date tbareafte,', at a
price for any suet, prior r .demp- Residence' Pocatello, Idahc
tion equal to the principal amount
of each bond so redeemed, ac-
crued interest thereon to the
redemption date, and a premium
for each bond computed as
follows:
3 per cent of redeemed April 1,
1983 through October 1, 1987,
Inclusive; - -
2-1/2 per cent redeemed April 1,
1988 through October 1, 1992,
inclusive;
2 per cent if redeemed April 1,
1993 through October, 1, 1997,
inclusive;
1-1/2 per cent it redeemed April 1,
1998 through October 1,- 2002,
inclusive;
1 per cent if redeemed April 1,
2003 through October 1, 2005,
inclusive; and
0 per cent if redeemed April 1,
2006, or thereafter:
Redemption shall be made upon