The Leon reporter. (Leon, Iowa) 1887-1930, 1910-06-30

or orders of said City drawn upon
the City Treasurer, payable in cash
to said contractors for so much of
the proceeds of said special assess
ments to abutting property, ada
cent property and sewer taxes, as
shall have been collected and re-
ceived by said City, to be used for
that purpose.
The balance of the amount due
said contractors shall be paid by the
transfer to said contractors of GER
tificates or bonds bearing interest
at the rate of per cent per annum,
issued in anticipation of the collec-
ton of the special assessments and
taxes levied or to be levied for the
cost of the construction of said sew
ers, at not less than their par value
with accrued interest.
The outlet and disposal or purify
ing plant shall be paid for when COM
pleted according to contract, out of
the cash received by said City from
tax levied for the purpose of con-
structing outlets and purifying
plants for sewers, SO far as said tax
may have been collected, by war
rants or orders on the City Treas
urer, and the balance by the transfer
to the contractor of bonds bearing
interest at the rate of per cent per
collections of said tax levied or to be
collection of said tax levied or to be
levied for the cost of said construc-
ton as provided by chapter 81 OF the
Acts of the 33rd General Assembly
of Iowa. Or the city may sell any or
all of the above mentioned certifi-
Gates, sewer bonds, and outlet bonds
for not less than their par value
| with accrued interest, and pay the
entire amount due said contractor
or contractors in cash or warrants or
orders drawn as aforesaid, as said
City Council may elect.
Said improvements shall be done
by and under the terms of a written
contract to be made between said
City and the contractor or contract
ors for furnishing labor and mater
1 ial, and constructing said sewers,
sewer outlets and disposal or purify
ing plant, but no work shall be done
until a duplicate or certified copy OF
said Contract shall have been filed in
| the Office of the City Clerk OF said
City.
All proposals or bids must be in
/ sealed envelopes, and must have the
/. name of the bidder endorsed on the
outside, and state what work said
proposal is for, and must be accom-
panied in separate envelopes sim
| iliarly endorsed, by certified check
on responsible bank payable to the
4 order of M. A. Gammill, Treasurer
i in the sum of $4,000 on each por-
i ton of the work, as security that the
bidder will enter into contract in
case his bid is accepted, for the con-
struction of said sewers, sewer out
let's, or disposal plant, and will give
bond with sureties to be approved
by said City Council, in sum equa
to SO per cent of the amount OF his
bid for the faithful performance Of
said contract, which respective sums
shall be retained by said City al
liouidated damages in case the sue
cessful bidder shall fail to enter into
said contract and give said bond, o.
shall withdraw his bid before thu
City Council takes action thereon
All checks where bids have no
peen accepted, will be returned Y
! the respective bidders.
\ Said bids to be acted upon by sail
"A City Council on the 18th day OF July
1910, at 500 o'clock p. M, or q
j such time thereafter as said Cit.