The weekly Iberian. (New Iberia, La.) 1894-1946, 1912-09-14

are hereby called for for saio
work, OF which ten days notice
shall be given in "The Weekly he
rian" newspaper published il
this City. The said work to bt
awarded, after due publication 70:
lids for not less than ten days a.
above stated, to the lowest res
pOnsible bidder who can give sat
isfactory security, the said bids OF
proposals to be filed with the
Mayor of New Iberia not later thar
the eleventh day OF September
1912 at twelve O'Clock noon and tc
be opened by him in the presence
of tho Board or Trustees on tn.
following day at seven O'Clock p
NJ. and each of said bids to be con
sidered, shall contain the. fuf
name and address OF each person
Interested i'm the same and must b,
accompanied by certified check
in an amount equal to fiv pc cen
of the total amount of the bid
made payable to the MAY or and
Board OF Trustees of the CITY, OF
New Iberia, as guarantee. that
if the said bid is accepted con
tract will be entered INFO in com
p!iance Witk the form and cOnd:-
tons of "TIIE CONTRACT" afore-
said
SECTION III.
BE IN FURTHER ORDAINED
that the intersections of all streets
shall be paved at the expense of
the municipality and the South
western Traction & Power Com
pany in proportion to the space
the rOadbed of the said South
western Traction x Power Com
pany occupies with reference to
the whole street intersection.
SECTION ~.
BE IT FURTHER ORDAINED
that the balance of the cost of said
work shall he apportioned and
paid for as follows: The South
western Traction & Power Com
pahy shaT pay IN proportion to
The space occupied by its roadted
compared tu the entire width of
the street; the remainder of the
cost to be paid One-third by the
and tWo-th;rds bv
he owners of real estate abuttiny
he portion of said street SO to he
paved, on the basis of the RESPECT
We frontage 81 the real estate SO
lbutting.
SECTION V.
BE 1T FURTHER ORDAINED
hat, whereas an estimate has been
made showing cne excess of the |
nnnaf revenues of the City of New
IBERIA for the year 1912, over and
bove the statutory, necessary and
lsual charges OF the year. to be
he sum of Two thousand dollars
S2,oOO.OOD that such part of the
ost OF said paving as shall be
orne by the municipality in ac-
ordance with Sections 3 and a
ereof shalt constitute a debt of.
nd be paid by the Mayor and
.Oard OF Trustees of the CITY of
lew Iberia one-third cash, within
IN days after the completion and
cceptance Of said work and the
alance out Of its excess of an
ual revenues over and above 1.-THE
necessary and usual.
harges of the years 1913 and 1911.
lid excess being hereby dedicated
} the payment of said indebted
ess, and said indebtedness to be
presented by certificates of in
eptedness OF approximately equal
mount, dated ten days after the
1ld work is completed and accept {
!, bearing five per cent. interest
ON date, and payable respective- r
ON the 31st day OF December,
Is, out OF the excess revenues
r the year 1913, and on the 3lst
~ OF December, 1914, out of the
cess revenues for tho year 1914. h
SECTION vi.
BE III FURTHER ORDAINED. !"
at inc amounts due and to be
"a by the Southwestern Traction
POWER Company shall be due and
III within ten days after GONZALEZ
m OF the work, ana the accent y
ce thereof. Il
SECTION VII. :
81 III FURTHER ORDAINED
&C the amounts due and to be =,
III by the owners OF said Adult
9 real estate shall be payable as Il
lows: Twenty per cent. in cash in
thin ten days after the compile -,
n OF the work and it's accent "
&c, and the balance in five euuai "
tailments payable in one. two y;
zee, four and five years or soon -,
at the option of the said abut-
g property owners; said defer
payments to be represented Inv
tlflcates, dated ten DAYS after ex
work is. accepted, signed ann ~,
led by the Mayor, showing the "a
cunts respectively due by the W
abutting property owners tn
salo speclal assessment or con- ia
,ution represented by the said :.
tiflcates to be collected by the 20
tractor, or his assignee, by suit GU
ecessary and said certificates to
interest at the rate of five
cent. per annum from date, ..o
apie annually, and ten per cent. -
'rneys fees if sued on, and to AZ
countersigned by the City Clerk
duly paraphed and identified
THIS Ordinance and the con-
I awarded hereunder. +"
SECTION VIII.
III FURTHER ORDAINED
the right to reject any and all en-
IS hereby specially reserved
the acceptance of any bid "s
not amount to a contract un- VIII
he said successful bidder shall sle
2 furnished bond signed by
4 and sufficient sureties, ac-
able to the Mayor and Board q
rustees of the City of New he cha
in the sum of Twenty-Five per the
OF the contract price, con- orr
med upon the faithful per ""'
lance 0 said contract and W.T.
n contract shall be signed by tai!
Mayor and Board of Trustees
Re City Of New Iberia, and the T,
FACTOR, only after the said re- sub
ID bond shall have been ex-I our