The Hood River glacier. (Hood River, Or.) 1889-1933, 1911-03-02
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 S90,OOO 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 ia Hood River, oregon, from
the date Of this notice up to u O'Clock noon ON
the ith day Of April, 1911. said bonds will be
dated the lst day of July. 1911, and become
due thirty years after date; provided how.
ever, that the City of Hood River shall aud
does reserve unto itself the option to take up
and pay of all of said bonds at ten or twenty
years ter date rs the Council shall elect,
Proposals TO buy said bonds viii be opened
and cor, ,idered by the Common Council on
said diday. Said bonds will bear interest at the
rate of not 10 exceed six per cent per
annum, interest payable halt yearly, both
principal and interest payable at the
city of New York, N, Y, Chicago, I'LL
nois, or AT the Office OF the Treasurer of tn
City OF Hood River, oregon, and said bonds
shH ne issued in denominations OF from 500
t. u go as the purchaser may desire, All
hlds must be accompanied by Il certified
check in the sum of ! 900 payable to the city
of Hood River, oregon, which sum Shall be
forfeited to SAID city as ltquidated damages If
the bidder shall fail to complete the purchase
OF said bonds, they being legally issued The
City of Hood River viii within fifteen days
after awarding said bonds to any purchaser,
furnish to said purchaser certified copy of
OF all the proceedings leading up to said bond
ISSUE and the purchaser viii be required to eX.
anime and pass upon said proceedings rs to
their legality wit n thnty days from the re-
Ceipt of said transcript Toe Common COun-
ell reserve the Ilght Ia 81 ct any and al BIDS
said bonds will be sold to the h ghest ruspOn.
Sihle bidder thereof Tor cash.
The foregoing bonds are to be issued by the
Common Council of said Clty 10y virtue of and
under the authority Of an Vet of the Legisla.
tive Assembly oi the State OF Oregon entiued
"An Act tO luCOrpOra' e the city of Hood River
anO TO provide "a Charter therefor, and To de
| fine its powers" approved by the Governor of
| the state Oi oregon on the 2Sth day of Fehru-
| AIRY, 1901, and $ amended by a special Nct OF
| the It -lSattVe Assembly of the State Of ore
| gOn entitled, AN Act to amend Sections 10,
| 9l, %, 49, "! 95 and l02 of an act entitled, Nn
! Act to incorporate the city of Hood River
| and to provide a Charter therefor and to do
| tne 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 Of Hood River, and to provide
| for issuing bonds of said City for such pur-
| pose and other purposes approved by the
| Governor and led in the Otlice OF the Secre-
| tary of state February %, 1900, and as further
amended by an Initiative measure submitted
to the qualified electors of said City by resOlu-
| tiOn of the Common Council thereof dated
| January IS, 1909, to amend sections l02 and los
| of said act, approved by majority vote Of the
| qualified electors of said city at a special
| election held in said city on the 25th day OF
| March, 1909. said bonds shall be known as
| "Water Bonds of the City of Hood River, ore.
! gon," and are TO 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 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, Il 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 2nd 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 of New York
Ii. B, iIANGILLE,
Recorder of the City OF Hood River.