St. Paul tidende. [volume] (St. Paul, Minn.) 1902-1928, 1909-05-07

uEl
two,thiras t2,s9 vote q the council a aSs
council, in its discretion, from lack OF
quorum, or for other reason, may post
pone the consideration and decision Of
the tn a w fu3nre m time, Of Of M ahX Dr =postpo ansrsaft
all parties interested shall be required
and deemed to take notice. At the time
Of the award Of any such contract the
proper fund, to the credit of such con-
tract, a sufficient amount to .defray the
cost Of such work; provided, however,
tract, there shall not be sufficient funds
Of such city for the payment Of ali
and such contract shall be for the con
struction, alteration or extension Of any
sewer or for the laying or extension Of
any water mains. within the city limits
liable to be specially assessed therefor
shall not prior to the time designated in
such notice, have filed with the city clerk
n mt''t a fp pneIeS spe as i d% Saig aapiof for
such contract, shall be created and main
tanned in such city treasury, to WHICH
the city council shall appropriate, at the
f frnn o the eng pr awera f Sn any tn suc am e@n9Fae Of
the proportion, if any, of the entire cost
Of Of, such improvement which the city coun-
Improvement fund of said city and into
such specially designated fund shall also
be paid all moneys derived from special
az s71cp ;mnr for the payment YIN tbe Of t the cost ns
diverted to no other purpose. and the
thorize The doing Of said work or any
M - a~n o~S l{NN~A +h~& - -v~l%
ten contract be made therefor with the
scceptsd' but such contract must state
the that eth, the is a% To pa na tS be oe,J p1f' front eh s1 + sn BY
cially designated fund, and that the con-
sfderation Of such sewer or water con-
tract is payable only in warrants drawn
and assumes no general liability under
such contract and the city comptroller is
thereupon expressly authorized to coun-
tersign any sueh sever or water con
from the proper fund to the credit Of
such contract of the amount Of the pro-
portion OF he entire cost Of such i'm
determine shall be betrayed by an as
sessment upon the property benefited, as
hereinafter provided. when there shall
not tStrs be SUFFICIENT ;n ths funds applicable by law
such approximation, and in anticipation
Of the levy, and collection Of such spe-
cial assessments the city may, at any
water contract, but upon the filing with
the city clerk of the commissioners re-
port Of assessments. as hereinafter pro-
cially designated fund, payable at spec1-
fed times, and in such amounts as, in
the Judgment Of the city council, the
taxes and assessments will provide for.
rate OF not to exceed six per cent per
annum, payable annually, and may have
ATTACHED representing each years
issued, and the fund from which they
are payable, and shall be signed by the
e @ago6 agd u 99nnte tna sea, BY ~ the the c city
and be in denominations of not more than
one thousand dollars each. Such war
may be used in making payments
ments or may be sold For sI cash, at not
less than the par value thereof, and the
proceeds thereof credited to such fund,
and used for paying, for such improve
treasurer to pay such warrants and in
terest coupons as they mature and are
presented for payment, out of the spe-
cially designated fund OF which they are
paid: Any Indebtedness created by the
making of any such sewer or water con-
tract and any indebtedness created by
the issuance of any such warrants, or
part Of the total Indebtedness Of said
city: which said city is hereinbefore for
hidden to make to exceed five per cent
Of the total value Of the taxable prop
erty in such city according to the last
preceding assessment for the purpose of
taxation.
The city engineer shall allow to the
month, an estimate of the amount al
ready earned. which estimate shall be
due and payable. on the emit day of the
month succeeding the month for which
the estimate is allowed.
Sec. 2. All acts and parts of acts In
consistent herewith are hereby repealed.
Sec. 8. This act shall take effect and
Approved March "a, 1909.