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HomeMy Public PortalAboutRES-CC-1948 no number$1500.00 February 17, 1948. On or before December 31, 1948, the City of Moab, in Grand County, Utah, for value received, promises to pay to TheFirst National Bank of Moab, or order, the sum of Fifteen hundr4d Dollars ($1500.00), at The First National Bank of Moab, in Moab, Utah, with interest at the rate of four per cent (4%) psr annum from date hereof until paid. Said City further agrees *pay a reasonable attorneyis fee in case suit shall be brought on this note, said gee td,'ae taxed es a part of the costs in the case. • This note is issued by th4 Tity Council of Moab, Utah, in conformity to a resolution passed and adopted by sed,d,Counbil on the 3rd day of February, 1948, and under authority conferred upon said'Cbhncil by the provisions of Section 15-8-6, Utah Code Annotated, 1943. CITY OF MOAB ATTEST; �4yi R9oorder State of Utah ) ) es County of Grand ) I, Margie M. Learning, the duly appointed, qualified and acting Recorder of the City of Moab, Utah, do hereby certify that the foregoing promissory note 1s within the lawful debt limit of the said City and is issued according to law. Dated February 17, 1948. �11.••. • EY tirVirtrva., nyor.