HomeMy WebLinkAboutORDINANCE NO. 433 BONDS - TYPED
ORDINANCE NO. 433
AN ORDINANCE SPECIFYING THAT THE CITY OF REXBURG JOINT WATER
AND SEWER REVENUE BONDS, SERIES JANUARY 1, 1963, SHALL NOT BE
REPRESENTED AS BEING EXEMPT FROM TAXATION UNDER THE LAWS OF
THE STATE OF IDAHO, PREVIOUS PROVISIONS IN THE BONDS ORDINANCE
FOR SAID BONDS TO THE CONTRARY NOTWITHSTANDING; DECLARING AN
EMERGENCY AND PROVIDING FOR THE EFFECTIVE DATE OF THIS
ORDINANCE.
NOW, THEREFORE, BE IT ORDAINED BY THE MAYOR AND CITY COUNCIL
OF THE CITY OF REXBURG, IDAHO:
SECTION 1: That regardless of representations made in Ordinance No. 432, authorizing
theCity of Rexburg Joint Water and Sewer Revenue Bonds, Series January 1, 1963, and
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adopted on the 2 day of January, 1963, it is hereby specified that the City of Rexburg makes no
representations as to the taxability of said bonds under the laws of the State of Idaho.
SECTION 2: That all by-laws, order, resolutions and ordinances, or parts thereof,
inconsistent herewith are hereby repealed to the extent only of such inconsistency. This repealer
shall not be construed to revive any by-law, order, resolution or ordinance, or part thereof,
heretofore repealed.
SECTION 3: That an emergency exists and this ordinance is necessary to the immediate
preservation of the public peace, health and safety, and that it shall be in full force and effect
from and after its passage, approval and publication, as provided by law.
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PASSED AND APPROVED by the City Council of the City of Rexburg, Idaho, this 6
day of March 1963.
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SIGNED by the Mayor and City Council of the City of Rexburg, Idaho, this 6 day of
March 1963.
CITY COUNCIL
Mayor Gilbert L. Larsen
(Seal)
ATTEST:
City Clerk