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HomeMy Public PortalAboutRES-CC-1950 no number��7zx o Moab, Utah, June 19, 1950. �td0o.00 On or before December 31, 1950, the City of Moab, in Grand County, for Talue received, promises to pay to The First National Bank of Moab, or order, the sum of Two thousand and no/100 Dollars ($2000.00) at The First National Bank of Moab, in Moab, Utah, with interest at the rate of four per cent (4f) 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 taxes as a part of the costs in the case. This note is issued by the City Council of Moab, Utah, in conformity to a resolution pissed and adopted by said Council on the 3rd day of January, 1950, and under authority conferred upon said Council by the provisions of Seotion 15-8-6, Utah Code Annotated, 1943. Attest: COUNTY OF GRAND Recorder SS ) I, Margie M. Learning, the duly elected, qualified and acting Recorder of the City of Moab, Utah, do hereby certify that the forwing promissory note is within the lawful debt limit of the said City and is issued according to law. Dated June 19, 1950. C�� City necorder./y/2