The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-09-28
NOTICE TO CONTRACTORS

BIDS WANTED FOR ELECTRIC LIGHT PLANT
and 2o;Year Franehise;-sealed bids will be
Valley City. North Dakota, until p. M,
Monday. october 5, 1908, at WHICH hour said
bids will be for the Electric LIGHT
a twenty-year franchise. Said bids to be sub
ject to the conditions and restrictions ex-
pressed In the following resolution:
A resolution declaring the necessity OF sell.
Ing the Electric Light Plant Of, the city Of
Whereas, The city Of Valley City is now the
owner and operator of an electric light plant
for the commercial lighting of the city, and
Whereas, Said electric light plant is not
adequate for lighting said city. and
whereas, The city council OF said city OF
to Issue bonds for the necessary additions
and improvements Of said electric light plant;
Be It Resolved, By the council Of the city
of Valley City, the majority Of all the mem
"a beers concurrng, that In the opinion of said
council, it is deemed necessary, and said coun.
ell hereby declares it's intent to sell said
electric light plant after due notice. at public
sale, to the highest and best bidder. subject
to the conditions and restrictions hereinafter
expressed In this resolution.
That the said council will offer for sale as
sad ene
Ing Ing over period of twenty years, said prop
Tubular boiler; one 80 X. W. Generator and
Engine attached; one smokestack; all poles
ana the fs system IN Of wires consisting Of about
meters; all electrical supplies on hand; eight
arc lights, twenty-eight incandescent lights
with hoods; all material used on construction;
electrical tools. All of said property inven-
and more described In
open to the inspection Of ali bidders.
provisions shall be Incorporated in the con.
tract tract Of n sale With the successful bidder with
agreed upon between the parties, to-wit:
l. The maximum rates to be charged con-
sumers. other than the city Of Valley City,
for current shall not exceed 1871 cents per
K. W., and the meter readings shall be taken
In each h, instance at the place of consumption.
the city of tRs sev v o rates to be
Ing Its streets, parks and public buildings,
and for pumping its water, shall not exceed
cents per X: W, and shall be furnished at
such times and In such quantities as the mayor
and city council shall from time to time direct,
p provided however, that the successful bidder
shall agree to furnish current at said raj ties
in sufficient quantities for all purposes and
needs of said city. ss.ta p
4, And. provided further, that the said bidder
shall furnish all lights, both arc and tncan.
descent, to- be used upon the streets of the
city. and all poles wires and fixtures required
to eep e ana all required
running order at his own expense. and the
city shall have no other or greater expense than
the agreed price to be charged for the current
aforesaid
Be it further Resolved, That each bidder be
and he Is hereby required to submit his bid.
restrictions hereinafter expressed in the alter.
native.
/. The best cash bid that can be offered.
2. The best bid the bidder Is willing to of.
fer on the conditions that the purchase price
SO offered be paid in installments with inter.
est ON all balances due the city from year to
year at rate of per cent per annum. pabale
annually, principal and interest payable in cur
rent furnished the city for lighting Its streets
Mt the rates herelnbefore expressed Provided
further, that the interest found to be due thu
city at the end of each and every year shall
be paid as aforesaid, first, and after the in
terest has been paid, then the bidder shall re
ceive credit on the principal in such amounts
as shall be found to be due him for current
furnished at the end of each and every montl
during the life of this contract. and until the
principal snd accumulated interest thereon i.
Provided. further, that In the event that the
purchase price and accumulated interest there
on Is paid in full before the termination Of
twenty years, then and In that event, the city
shall pay cash at the end Of each and every
month the found to be due for current
Be it further resolved, That in case the
prorosition to pny the purchase price Of tn.
and in that event the successful bidder shall
least the %T tS Of the bid which
and by good and sufficient .sureties acceptable
to the mayor and nd. city council or in lieu there
ssSS s5 ss e. sas NJ
agreements to be. BY him kept and performed
that he will at all times have ample waite
supply on hand for projections against fire
and the use Of the Inhabitants Of the cit!
who shall be patrons Of the water plant Q
said city,; and that said bidder will at al
hours of the day and night be prepared t.
furnish pow er to run the large fire pump o
such other pumps may. be Installed by tn
city to furnish pressure for extinguishing fires
And in case of his failure to Keep and per
form all and singular the agreements by hin
to be kept and performed, then the sum name
III said bond shall be taken and held to b
fixed and 1iquidated damages III favor of sal
city and that the full amount thereof may b
recovered from said bidder and his sureties |
bond
That each bidder shall be required to furnis
with his bid certified check in the sum o
$500, payable to the city treasurer of Vale
city, n. D.. and the city council reserves tn
That this resolution shall be published a
| Population Of city, $500 in 1903.
BY order Of the City Council.
! Dated September %. 1908.
! ~ w, T, CRASWELL City Auditor