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HomeMy Public PortalAboutRES-CC-1947 no number 2$1500.00 August 8, 1947 On or before January 1, 1948, the City of Moab, in Grand county, Utah, for value received, promises to pay to The First National Bank of Moab, or order, the sum of One thousand five hundred dollars ($1500.00), at The First National Bank of Moab, in Moab, Utah, with interest at the rate of six (6) per cent per annum from date hereof until paid. Said City further agrees to pay a reasonable attorney's fee in case suit shall be brought on this note, said fee to be taxed as a part of the cost in the suit. This note is issued by the City Council of Moab, Utah, in conformity to a resolution of said Council passed and adopted i on the 5th day of August, 1947, and under authority conferred upon said Council by the provisions of Section 15-8-6, Utah Code Annota- ted, 1943. CITY -9F-MOAB- By ATTEST:. Recorder State of Utah, ) as County of Grand. I, Mitchell Melich, the duly appointed, qualified and acting Recorder of the City of Moab, Utah, do hereby certify that the foregoing promissory note is within the lawful debt limit of laic City and is 3clsued according to law. Dated August 8, 1947.