Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1910-06-09
der the work inadvisable the time may
=. iad hv Tho CITY council. y.

der the WORK lnduVASdpAS LAG sAAAaS ASNs'S
be extended by the city council.
So much of the, cost Of tho construc-
ton of said improvement as Is by law
assessable against abutting property
and street railway having tracks To-
Gated on said street so improved, 70
be assessed against the said abutting
property and the property of said rail-
way company, in accordance with the
law governing the same, and payment
TO the amount of such assessment Tor
such work will be made in assessment
certificates, bearing interest at the rate
| of six CO. per cent per annum, issued
| in accordance with the provisions or
section SAL of the code. In case or
any deficiency between the CONTRACT
| price and amount Of suchT certihcates,
such deficiency will be paid IN war
rants drawn on the improvement fund
available for the fiscal year beginning
| April 1, 1910, payable out Of the pro-
ceeds of the tax levied therefor. and
! from no other source, the city to incur
no liability other than the duty to levy
the said tax and to properly apply the
proceeds thereof. to making the special
assessment abova referred to and is
suing, assessment certificates to the
contrAnctor therefor. The warrants
herein provided for to be drawn as
soon as the proceeds of said tax are
available Said, Assessment certificates
and warrants, IL such warrants be is
sued. shall be accepted by the contrac-
tor in full payment for all work done
under his contract without recourse ON
the city of Marshalltown, Iowa.
Ech bid must be accompanied with.
a certified check in a separate envelope,
said check to be drawn on some re-
sponsible bank, in the city of Marshall
town, Iowa, and made payable to the
order Of the city treasurer OF the city
! of Marshalltown, Iowa, in the sum OF
$4,000. Each envelope must be adj
dressed to the city Of Marshalltown.
Iowa. and endorsed with the name Of
the bidder and the improvement such
check and proposal are for. Certified
check accompanying proposals will be
returned to the unsuccessful bidder
when the contract has been awarded
and also to the bidder to whom the
contract is awarded when he shall have
entered, into contract for the construc-
ton of said improvement with the city
of Marshalltown, Iowa, and given bond
in the sum of SO per cent Of the con-
tract price with sureties to be approved
by the city council of the city Of Mar
shalltown. Iowa, for the faithful per-
|
will contain provision that the con-
tractor shall guarantee the improve
ment to remain in good repair for tfA
period Of five years from and after the
date of its acceptance by the city
council, and the bond will contain a.
like condition.
In case the successful bidder snail
fail to enter into contract with the
city of Marshalltown, Iowa. for the
construction of said improvement Oh
furnish bond as herein required, and as
required by law, the certified check de-
posted by him with his bid shall be-
forfeited to the city of Marshalltownt
Iowa, as agreed and liquidated dams
ages.
The right is reserved to reject any
land all bids, The proposals will be
acted upon by the city council OF th9
city of Marshalltown, lows, on the c0th
day of june, A. d. 1910.
4 Published by authority Of the eth
council of the city Observation-Disclosures
Iowa.
i F. b. WILEY,
- - ss - sst.. ss.=:e * seid Cstv.
! Published in the T.-R June :. ana q
1910 ,