The Oakley herald. [volume] (Oakley, Idaho) 1908-1961, 1911-09-01
An Ordinance.

to be included in such Local Improvement
District; providing that the cost of con
structon and ying Cement Sidewalks
shall be assessed upon the abutting, con-
tguous and tributary property providing
that the cost of such improvement shall be
paid by Local Improvement Bonds issued
by the Village of Oakley specifying the
amount of each Bond the amount OF in.
terest each Bond shall draw; and the time
and manner of payment
Be it Ordained by the Chairman and
Board of Trustees of the Village of Oakley.
Section l. There is hereby laid out,
created and established, Local Improve
men. District Number One" for the purp-
of constructing and laying cement Side
walks on the streets included within such
Local Improvement District between the
points hereinafter designated.
Section ?. "Local Improvement Dist
riot Number One" shall embrace and in
clude the streets and avenues hereafter
specified, between the points hereinafter
designated, and all lots and lands fronting
thereon, abutting, contiguous and tribut-
airy thereto back to the centre Of the blocks
The streets included in Local Improve
ment District Number One shall be as
follows, to-wit: Main Street, from the
western property line of Church Avenue,
west, to the eastern property line of
college Avenue. church Avenue on the
west side thereof, from the southern
property line of Main Street, South, TO the
southern boundary line of Lotone, in Block
Five; Worthington Avenue, on the east
side thereof, from the northern property
line of Main Street, north, to Poplar
Street, Centre Avenue on east and
west sides thereof, from the northern prop
erty line OF Elm Street, north, to Poplar
Street; Blaine Avenue, on the east and
west sides thereof, from the northern prop
erty line of Elm Street, north, to Poplar
Street; Lincoln Avenue, on the east and
west sides thereof, from the northern prop
erty line OF Nam Street, north to Poplar
Street.
Section g. That the width Of the side
walk to be constructed and laid on the
above specified streets and avenues, bet
ween the points above designated, shall be
as follows, to-wit: Main Street, on both
sides thereof, from church Avenue, west
to western boundary line of Lot s, Block
ID on north side Main Street, and western
boundary line of Lot 2, Block on south
side of Main Street FIVE foot walk from
western boundary line of Lot $, Block "a
on north side Main Street and from west
ern boundary line of Lot 2, Block south
side Main Stree, to western boundary of
Lot /, Block south side Main Street and
to western boundary Lot g. Block IL north
side Main Street six foot walk; and from
western boundary Lot !, Block 8south side
Main Street. and from western boundary
OF Lot 6, Block u north side Main Street
west to college Avenue, five foot walk I;
Church Avenue, on the west side thereof,
from Main Street, south, to the southern
boundary line of Lot One, Block Five, five
foot walk Worthington Avenue, on east
side thereof, from Main Street, north, to Pop
lar Street, four foot walk Center Avenue,
on both sides thereof, from Elm Street,
north, to Poplar Street, five foot walk
Blaine Avenue, on both sides thereof, from
Elm Street, north to Main Street, four
foot walk; and from Main Street, north,
to Poplar Street, on west side thereof four
foot walk and from Main Street. north to
Poplar Street, on east side thereof, five
| foot walk; Lincoln Avenue on both sides
/ thereof, from Main Street, north, to Poplar
Street, four foot walk. That the cost of
constructing and laying the above side
walks on the above specified streets and
avenues shall be levied and assessed again
st the abutting, contiguous and tributar-
property, in proportion to the number of
feet ofsuch lots and la DIS fronting thereon,
or abutting, contiguous and tributary there
to and the benefits derived to said prop
erty by such improvement. Which ex-
pense shall be betrayed by bonds to be
issued by the Village of Oakley for the
said Local Improvement District Number
One.
| Section d. Such bonds shall be known
as Improvement Bonds of Local Improv-
ment District Number One, shall be num-
bered from one to ten consecutively, and
be for the sum of about 900 dollars each.
Said bonds shall be signed by the Chair
man of the Board of Trustees of the Viii
age of Oakley, countersigned by the viii
| age Treasurer, attested by the Village
Clerk and sealed with the corporation seal.
Each bond shall bear interest at the rate
of seven per cent per annum, shall be pay
able at the Office of the Village Treasurer,
in the Village of Oakley, In ten equal ann
ual installments, and the face thereof
shall provide that the principal sum there
in named and the interest thereon shall be
payable out fthe local improvement fund
created for the payment of the cost and
expense of such improvement and not
otherwise; Provided, however, that none
of such bonds or the installments thereon
shall run longer than 10 years from and
after the date of issuance.
| Such bonds shall not be issued in an
amount in access of the cost of such i'm
provement, except that the installment
coupons shall include the interest on such
installments until the maturity thereof.
Section s. There shall be attached to
each bond in such manner that they can
be taken off without injuring or mutilating
the same, ten annual installment COUPONS
(which coupons shall include the interest on
the installments until the maturity thereof
The coup ons shall be severally numbered
from one to ten each bearing the CORES
ponding number of the bond to which il
is attached, be signed by the Chairman Of
the Board of Trustees of the Village Of
Village of Oakley, countersigned by the
/ Village Treasurer and attested by the