The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1904-02-24
Notice of Sale of Sewerage Bonds.

Notice to all bidders Is hereby given,
that the city of Weiser, Washington
county, State Of Idaho, is about to nego-
tate and sell Special Assessment Sewer.
age Improvement Bonds, District No. l.
OF the City of Weiser, to-wit; Not to ex'
coed the sum of SIP, 10000, bonds under
and by virtue of the laws Of the State OIL
| Idaho, and the ordinances Of the City Of
| Weiser, relative thereto.
That on the 23d day OF July, 1908, ar
ordinance was duly passed by the Coun.
Gil and approved by the Mayor OF the
City of Weiser, signifying the intention
OF the Council of said City to create
Local Sewerage Improvement District
No. l, of said City, and notifying all
file protests against said proposed i'm.
provements to file same with the City
Clerk on or before the 7th day OF August,
1908.
That no protests were filed against
said proposed improvements; and that on
the Goth day of August, 1908, the City
Council of said City, at regular meet
ing of said Council, duly and regularly
passed an ordinance creating Local Sew
erage Improvement District No of said
City and directing that said sewerage
Improvements be made therein.
That on the 18th day Of January, 1904,
an ordinance was duly passed by the
Council and approved by the Mayor of
said City of Weiser, providing for the
payment of the costs and expenses of
the improvements in said Local Sewer
age Improvement District No l, in in
stalments, and providing for the issuance
of said bonds, and the levy of an annual
tax against the property liable therefor,
for the payment of the principal and in
terest on said bonds as they fall due.
Said bonds shall be due and payable
and redeemable as follows, to-wit: One
tenth of the entire amount of the bonds
so sold and issued shall be payable one
year from date OF issue; one-tenth shall
be payable two years; one-tenth three
years; one-tenth four years; one-tenth
five years; one-tenth six years; one-tenth
seven years; one-tenth eight years. one
tenth nine years; and one-tenth ten years
from the date of issue. Said bonds shall
be issued in such determinations as the
Mayor and Council of said City shall
deem proper. each btaring interest at a
rate not to exceed eight per centum per
annum, interest payable annually. on
the first days of January, each year here
after until paid, payable both principal
and interest at the Office of the City
Treasurer of said City or at the -.
Said bonds are offered in sums less than
the whole amount so to be issued or the
total amount, at the option of the bidder.
The City of Weiser reserves the right
to reject any and all bids. and to make
such allotments in such sums as may be
for the best interests of the city.
All bids for these bonds must be adj
dressed to the Mayor aud Council of the
City of Weiser, Idaho, and must be ac-
companied by certified check in the
amount of five per cent of the amount oil
the bonds bid for, such check to be
drawn in favor of the City of Weiser,
Idaho, and to have no condition endorsed
thereon other than those which are sci
forth by the ordinances of said city. the
laws of Idaho, and the conditions of this
notice.
Delivery Of bonds to be made on OF
before the 18th day of April, 1904, al
which time the above payments must be
made in full for the whole amount oil
the bonds so allotted. and If payment is
not made on or before that date, the said
amount represented by said certified
check shall be forfeited 10 said city in
satisfaction OF damages accruing to it fol
such failure. No bids will be received
for less than par value of said bonds fol