AGENCY: Bountiful (Utah)

SERIES: 84861
TITLE: Special improvement bonds
DATES: s 1967.
ARRANGEMENT: none

DESCRIPTION: Bonds are sold to fund a specific municipal improvement or building project. The governing body of the municipality levies the assessment based on an ordinance or resolution. To obtain a bond, bids are received and reviewed. The bonds are sold at a set price and mature within a given time period as they accrue interest. Information includes state, county and city that issues the bond; series number and date; amount of the bond; legal stipulations and rate per annum; and the mayor and city recorder's signatures. The debt must apply to projects within the lawful limits of the city according to law.

RETENTION

DISPOSITION

RETENTION AND DISPOSITION AUTHORIZATION

These records are in Archives' permanent custody.

FORMAT MANAGEMENT

Microfilm duplicate: For records prior to and including 1967. Retain in State Records Center for 40 years and then destroy.

APPRAISAL

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