The Marion daily mirror. (Marion, Ohio) 1892-1912, 1907-12-07
LEGAL NOTICE

stone sidewalks.
Frederick street, south side, from
State street TO end OF street; Wat
erloo street, west side, from Bennett
street to point 200 feet south Of
Brown street; Mt Vernon avenue,
south side, from Grand avenue to
M. c. Ayes land, according to plans
and specifications on file in said Of
fice.
> Bids for labor and materials must
lbe separate, and bidders are required
10 state explicitly the kind of stone to
be used and to furnish sample of
the same.
Dash bid must contain the full
name of every person or company in
terested In the same, and be accom-
panied by bond in the sum of
$10O. 90, to the satisfaction of the
Board, or a certified check on some
solvent bank, as a guarantee that
If the bid Is accepted contract will
be entered into and It's performance
properly secured.
Should any bid be rejected. such
check will be forthwith returned to
the bidder, and should any bid be
acoepted, such check will be re-
turned upon the proper execution and
securing Of the contract. Bidders
are required to use the printed forms
which will be furnished on applica-
zion. The right Is reserved to reject
any and all bids.
BY Order of the Board of Public
Service.
WILLIAM F1ES, Clerk.
Star and Mirror 11-29-12-6-O7
ORDINANCE NO. lO3 Providing
for a depository for the funds O,
the City Of Marion, Ohio. and pre-.
scribing the manner the same shall
be done.
be 1t ordained by the Council
of the City of Marion ad state
OF Ohio:
Section l. That for the providing
OF depository for the funds of
the City of Marion, Ohio the City
Auditor be and he Is hereby au.
thorized and directed to advertise
for bids from the local banks sit
uated within Marion County. Ohio
under, the following conditions:
First. All bids shall be sealed and
deposited with the City Auditor
by II O'Clock noon of the 21st day
or December, 1907, and Immediate
ly thereafter in the presence OF
the mayor and finance committee,
in full publicity he shall open said
bids and make full report of
same to the Council at their
next regular meeting. The council
can then award to the highest and
best bidder the contract of acting
as the City's depository.
Second. The bank bidding the
highest rate OF interest, which
they shall pay on deposited funds
OF said city shall be the one to
whom the award is made, provided
however that in case OF tie the
money shall be divided pro rata
among all OF the said banks.
Third. The banks or banks re-
ceiving said contract shall give a
bond to the City of Marion upon
which the surety shall be re-
sponsible surety company authoriz-
ed to do business in the State OF
Ohio. The bond shall be approved
by the council of the City of
Marion and shall be 25 per cent
more than the maximum amount
to be deposited at any one time
providing that the said surety bond
may be increased or diminished ac-
cording to the amount OF de-
posit.
Fourth. The contract for acting
as a depository for the funds of
the City of Marion. Ohio, shall be
made between the city and the
highest bidder for term of two
years from the lst day OF Janu-
ary, 1908.
Fifth. Each bidder shall {. .,osit
with said bid certified check
for the sum of Five hundred ($5O0)
dollars payable to the City OF
Marion and should the bid
ders to whom the contract is
awarded refuse or neglect to
accept said contract or fail to file
the surety bond provided within
ten days after the award Is made
the said deposit shall be retained
by the City OF Marion, Ohio, as
liquidated damages for said fail
ure,
Sixth. The City auditor shall
have on file in his Office an esti-
mate of the amount OF funds to
be deposited and form OF con-
tract and bond required by said
successful bidder
Seventh. The bank or banks to
whom said contract Is awarded
must pay the interest due on
city's funds SO, deposited, to the
City Auditor at least every six
months and furnish him an
itemized statement OF the interest
account the correctness OF which
he shall Immediately proceed to
ascertain. and the interest funds
80 received by the City Auditor