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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Sep 13, 1957
Page
3
Legal notice announces the issuance and sale of Town of Scottsdale Sanitary Sewer Revenue Bonds Series of 1957 for 1120000 dollars dated July 1 1957 with interest up to 5 annually payable semiannually. It outlines use of proceeds to finance sewer system improvements and related covenants including reserve funds and priority liens.
The document outlines bond authorization for Scottsdale Sanitary Sewer Revenue Bonds Series of 1957, detailing rates, reserve funds, insurance, bondholder rights, and remedies. It mandates rate setting to cover operations and debt service, keeps the system secure, and describes enforcement and amendment procedures with voter and bondholder involvement.
The Town of Scottsdale invites bids for 221000 principal amount Sanitary Sewer Revenue Bonds Series 1957 dated July 2 1957. Bids due 2:00 AM October 7 1957. Bonds bear 4 1/4 percent interest with redemption options and are payable from sewer revenues. United States of America may purchase at par with 4 percent cost otherwise bids at up to 5 percent. Bidder must accompany with 5 percent certified check. town may reject any bid. Delivery at Town Treasurer office Scottsdale Arizona. Publication dates listed.
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