The Hood River glacier. (Hood River, Or.) 1889-1933, 1911-02-16
Notice of Sale of Water Bonds

Notice Is hereby given pursuant to order nj
the Common Council Of the city of Hood Riv'
er, oregon, that seated proposals for the pur
chase of $40 600 OF not to exceed six per cent
water bonds of the city of Hood River Will be
received by the undersigned Recorder of said
city at his office IN Hood River oregon. from
the date of this noiCeup to II O'Clock noon or
the lth day of April, lOll. said bonds Will be
dated the LIST day Of July. 1911, and become
due thirty years after date; provided how.
ever that the city of Hood Riyer shall and
does reserve unto self the option to take up
aud pay of all OF said bonds AT ten or twenty
years after date, Ps the Council shall elect.
Proposals 10 buy said bonds Will be opened
aud con. ldered by the Common Council on
the tth day OF Nprtl, 1911. ut 70 o'clock noon OF
sAidIdHy said bonds Will bear interest at the
rate ot not TO exceed six per cent, per
aunum, interest payable hali-yearly, both
principal and interest payable ut the
option of the purchaser, either in the
itN of New York, N. Y, Chicago, III
nols, or at the office Of the Treasurer of tn
city OF Hood River, oregon, ana said bonds
shall be Issued IN denominations OF rom 500
to $1,000 as the purchaser may desire. All
bids must be accompanied by u certified
cheCK In the sum of eco payable to the city
uf Hood River oregon, which sum shalt be
forfeited to sald city as llQuidnted damages II
the bidder shall fail to complete the purchase
Ot said bonds, they being legally issued The
city of Hood River VIII within fifteen days
tnor awarding said bonds to any purchaser
furnish TO said purchaser n certified copy of
&, all the proceedings leading up to said bond
ISSUE and the purchaser VIII be required to eX
| anime and pass upon said proceedings as TO
| their Legality wlthin thirty days from the re-
cetpt Of said transcript The Common COuu-
ell reserve the right to reject any and all bids;
| said bonds Will be sold to the highest respOn,
| sible bidder thereof for cash.
The foregoing bonds are to be issued by the
| Common Council of said City by virtue of and
under The authority Of an Act of the LegiSla.
| tive Assembly Of the state of Oregon entitled
| "An Act to incorporate the city of Hood River
| and to provide Charter therefor and to de-
| fine It's powers, approved by the Governor of
| the state of oregon on the 2Sth dag OF Febru.
| ary, 1901, and Is amended by n special Act OF
| the Legislative Assembly of the State of Ore
| gOn entitled, AN Act TO amend Sections 30,
81, W, 93, "a, 90 and l02 OF an act entitled, An
| Act 10 Incorporate the City of Hood River
| and To provide Charter therefor and TO de
| hue It's powers, approved Feb. 2S, 1901, and to
| provide for the construction, repairing and
laying down of all necessary sewers and
| drains Of a capacity sufficient TO provide for a
complete system of sewers of a whole or any
part of the city o. Hood River, and to provide
| for issuing bonds of said City for such pur-
| pose and other purposes" approved by the
Governor and filed In the Office OF the Secre-
| tary OF state February -, lYNh and as further
amended by an Initiative measure submitted
to the Qualined electors of said city by resolu-
| ton ui the Common Council thereof, dated
January Is, 1909, to amend sections l02 and lOG
of said act approved by majority vote Of the
qualified electors of said city at n special
lection held IN said city on the 2Sth day OF
| March, 1900. Said bonds shall be known rs
water Bonds of the City of Hood River, Ore
gon, and are to be issued for the purpose Oi
raising money with which to pay the costs
and expenses that may be incurred by said
city In purchasing, constructing and equip
| ping complete municipal water system for
the citizens of the City of Hood River, oregon
| and vicinity,
This notice is published in the Hood River
Glacier, newspaper of general circulation In
| Hood River, Oregon, for sixty full days prior
| To the date of opening bids for the purchase
of said bonds, the date OF the first publication
| thereof being the End day of February, 1911
| and said notice will be published for at least
one issue prior to the date of opening bids for
| the purchase of said bonds, in financial
newspaper published In the City ofNew York
| Ii. b. IANGILLE,
! Recorder OF the City of Hood River.