The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-09-26
NOTICE TO CONTRACTORS

100000 c~~N~>c~~o<s~~c~~~~
and BOY ear franchise bids will be
received by the City Council of the City Of
Valley City, North Dakota until D. M,
Monday, October 5, 1903, at which hour said
bids Will be opened, Tor the Electric Light
Plant now owned by said city, together with
eet to me ana 9s
pressed in the following resolution:
A resolution declaring the necessity of sell.
Ing the Electric Light Plant OF the city Of
Valley City.
owner and operator of an electric light plant
for the commercial lighting OF the city, and
Whereas, Said electric light plant is not
adequate Tor lighting SAD city, and
Whereas, The city council of said city of
Valley City has no authority or power in law
TO issue bonds the necessary ADDITIONS
and improvements of said electric light plant;
therefore,
Be 1t Resolved, By the council Of the city
OF Valley City, the majority of all the mem
Ders concurr1ng, that III the opinion of said
ell hereby declares its intent to sell said
electric light plant, after due notice, at public
sale, 10 lne highest and best bidder, subject
to the conditions and restrictions hereinafter
expressed in this resolution.
That the said council will offer for sale as
3 the property constituting said plant and grant
to the successful bidder franchise extend
Ing over a period OF twenty years. said prop
Tubular boiler; one 50 X W. Generator and
Engine attached; one smokestack; ali poles
s6,4o3 feet OF No. 5251 copper wire; los
meters; all electrical supplies ON hand; eight
with FOODS; all material used on eenstrucsion
all extra poles on hand; one water heater; ali
electrical aeet tools All OF said property. inven.
inventory and schedule now file in the Of
nee OF the City Auditor, where the same is
Be it further Resolved, That the following
provisions shall be incorporated in the con-
tract Of sale with the successful bidder with
such other provisions as shall be mutually
agreed upon between the parties, to-wit:
~. l. Inc maximum rates to be charged con-
thn oitr nf T,ln
1or current shall not exceed 1914 cents per
a. a. w, and the meter readings shall be taken
IN each instance at the place OF consumption
2. mat the maximum rates to be charged
the city of Valley City for current for light
ing It's streets, parks and public buildings
and for pumping its water, shall not exceed
cents per X. ~, and shall be furnished at
such times and in such quantities as the mayor
and city council shall from time to time direct
provided, however, that the successful bidder
shall agree to furnish current at said rates
In sufficient quantities for all purposes and
And provided further, that the said bidder
shall furnish all lights, both arc and incan.
descent, to be used upon the streets OF the
city, and all poles, wires and fixtures required
to support the same, and all repairs required
to keep the same in good condition and good
running order at his own expense, and the
city shall have no other greater expense than
the agreed price to be charged for the current
and he is hereby required to submit his bid
subject to the above restrictions and other
native
i. 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 mt per annum, pabale
annually, principal IND interest payable in cur
rent furnished the city for lighting its streets.
parks. public buildings and pumping its water
further that the interest found to be due the
Ncity at the end of each and every year shall
e. 4 i IN l..
terest has been paid then the bidder shall re-
ceive credit on the principal in such amounts
shall be found to be due him for current
furnished at the end of each and every month
during the life Of this contract, and until the
principal and accumulated interest thereon il
fully paid.
Provided. further, that in the event that the
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 sum found to be due for current
Be it further resolved, That in case the
proposition to pay the purchase price of the
and in that event the successful bidder shall
furnish bond to the city in the penal sum
shall be executed by the bidder as principal
and by good and sufficient sureties acceptable
to the mayor and city council or in lieu there,
of bond in like amount in some good and
reliable surety company in like amount which
bond shall be that the n bidder MIL
agreements to be by him kept and performed;
that he wilt at all times have an ample water
supply on hand for protection against FIRE,
and the use of the Inhabitants of the city
who shall be patrons Of the he, water Ia, plant Of
hours of the day and night be prepared to
furnish power to run the large FIRE rel pump or or
city to furnish pressure for extinguishing fires.
And in case of his failure to Keep and per-
form all and singular the agreements by him
to be kept snd performed, then the sum named
in said bond shall be taken and held to be
fixed and liquidated damages in favor of said
oif md Int fho full
recovered from said bidder and his snreties in
an action by said city against them on the
bond.
That each bidder shall be required to furnish
with his bid certified check In the sum OF
$500, payall to the city treasurer of Valley
City, n D., and the city council reserves the
2 right to reject any and all bids.
That this resolution shall be published at
least once in the official paper of the city.
Population of city, $500 in 1908.
BY order of the City Council.
Dated September %. 1909.
". I. CRASWELL City Auditor.