The Hood River glacier. (Hood River, Or.) 1889-1933, 1911-02-23
Notice of Sale Of Water Bonds

Notice is hereby given pursuant to order of
the Common Council OF the city OF Hood Riv-
er, Oregon that sealed proposals for the pur-
chase Of $50 900 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 notice up TO II o'clock noon on
the 4th day of April 1911. Said bonds will be
dated the LIST day Of July. 1911, and become
due thirty years after date proVloeu, now
ever, that the City Of Hood River shall and
does reserve unto Itself the option to take up
and pay off all OF said bonds at ten or twenty
years after date, ss the Council shall elect.
Proposals to buy said bonds will be opened
and considered by the Common Council on
the 4th day of A pril, 1911, at II O'Clock noon OF
saidlday. said bonds will bear interest nt the
rate of not TO exceed six per cent per
annum, interest payable halt-yearly, both
principal and Interest payable at the
option of the purchaser, either In the
rity of New York, N. V, Chicago, I'M
nois or at the Office of the Treasurer of tn
City of Hood River, oregon, and said bonds
shall be issued In denominations OF from 500
to 81 900 as the purchaser may desire. All
bids must be accompanied by certified
check in the sum of 81 900 payable to the city
of Hood River, Oregon, which sum shall be
forfeited TO sad city as liquldated damages II
the bidder shall fail to complete the purchase
OF said bonds, they being legally issued. The
City of Hood River will within fifteen days
after awarding said bonds to any purchaser,
furnish TO said purchaser certified copy of
issue, and the purchaser will be required to ex.
anime and pass upon said proceedings as to
their legality within thirty days from the re-
ceipt of said transcript. The Common Coun-
ell reserve the right to reject any and all bids;
said bonds will be sold 10 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
| i've Assembly OF the State of Oregon entitled
IAN 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 Stale OF oregon on the 2Sth day of Fehru.
airy, 1901, and IS amended by special Act of
| the Legislative Assembly of the state OF Ore
gon entitled, "An Act TO amend Sections W,
| VI, 80, SO, "a, % and lg of an act entitled An
| Act to INCORPORATE the City of Hood River
and to provide Charter therefor and to de-
| fine Its powers, approved Feb. d, 1901, and to
provide for the construction, repairing and
| laying down of all necessary sewers and
| drains of capacity sufficient TO provide for "A
complete system of sewers of a whole or any
| part of the City OF 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 ~, 1905, and as further
| amended by an Initiative measure submitted
| to the qualified electors of said city by resou-
| ton of the Common Council thereof, dated
| January lS, 1909, 10 amend Sections l02 and lO6
| of said act, approved by majority vote Of the
| qualified electors of said city at n special
| election held in said city on the 25th day OF
| March, 1909. Said bonds shall be known as
Water Bonds the City of Hood River, ore
| gon,' and are 10 be issued for the purpose Of
raising money with which to pay the costs
| and expenses that may be incurred by said
| city in purchasing, constructing and equip
| ping a complete municipal water system for
| the citizens of the City of Hood River, oregon,
| and vicinity.
| This notice il published in the Hood River
| Glacier. a 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 dat" of opening bids for
/ the purchase of said bonds, in financial
newspaper published in the City fNew York
| II, Is. i4ANGILLE,
Recorder OF the City of Hood River.