Rogue River courier. (Grants Pass, Or.) 1886-1927, 1912-04-26
NOTICE OF SALE OF CITY M
PROVEMENT BONDS OF THE
CITY OF GRANTS PASS,
OREGON.

Notice is hereby given that sealed
proposals will be received at the Of
tice of the auditor and police judge
in the city of Grants Pass, Oregon,
to and until the hour of o'clock p.
m, an the 10th day of May, 1912, for
the purchase of street improvement
bonds of said city of Grants Pass,
Josephine county, Oregon, in all
amounting to the sum of $16,l47S5,
divided as follows, to-wit:
Fourth street grading and the lay
ing and construction of concrete
curbs, cutters and sidewalk from the
north line of %'' street to the south
line of Evelyn avenue, as provided
for by Ordinances No. 52S and 5S4,
numbered l to and including frac-
tional bond number 10, and shall be
issued for the sum of Five Hundred
Dollars each, except said fractional
bond which snail be for the sum Of
$193.10.
Eighth street grading and rolling
from the south line of M street to
the northerly bank of Rogue river, as
provided by Ordinances No. All and
.492, numbered I to and including
fractional bond number 8, and shall
be issued for the sum of Five Hun
dnred Dollars each, except said frac-
tional bond which shall be for the
sum of $2S2.5O
Seventh street grading and con-
struction of granite sidewalks and
cutters from the south line of M
street to the bank of Rogue river, as
provided by Ordinances No. 470 and
.491, numbered | to and including
fractional bond number ,, and shall
be issued for tre sum of Five Hun
dred Dollars each, except said frac-
tional bond which shall be for the
sum of $239.S0
Il" street paving from the east
line of Fourth street to the west line
of Eighth street, as provided by Or
dinances No. 500 and 520 numbered
l to and including fractional bond
number 10, and shall be issued for
the sum of Five Hundred Dollars
each, except said fractional bond
which shall be for the sum Of
$432.45.
Fourth street bonds date from the
1st day of October, 1911, and bear
interest at the rate of six per cent
rper annum.
Eighth street bonds date from the
1st day of July, 1911, and bear inter
est at the rate of six per cent per
annum.
Seventh street bonds date from the
LIST day of July, 1911, and bear in
terest at the rate of six per cent per
annum.
81" street bonds date from the lst
day of October 1911, and bear inter-
est at the rate of six per cent per
annum.
Interest on all of said bonds is
payable semi-annually. Said bonds
will mature in ten years from their
respective dates. and are subject to a
prepayment option thereon at face
value and accrued interest to date
on any semi-annual coupon interest
period at or after one year from their
respective dates of being issued,
upon giving notice by publication in
newspaper of general circulation
printed and published in Josephine
county. Orsgon. Such notice to be
published not less than twice during
the month preceding such semi-an-
Inual period at which such prepay
ment thereof will be made Said
bonds are authorized by sections
I3245 to 1858 inclusive of Lords Ore
gon laws. Said bonds are printed
and furnished by said city. The
common council reserves the right to
reject any and all bids and re-adyer-
tise. Said bonds are not to be sold
for less than par and accrued inter-
est. All proposals must be accom-
panied by a certified check on some
responsible banking institution in
the sum of five per cent OF the
amount OF the bid which said sum
shall be forfeited to the said city in
event said bid is accepted and bidder
fails to accept and tender payments
for said bonds within ten days from
the date of the city's acceptance OF
the bid. Bids must be enclosed in a
sealed envelope without any distin-
gushing marks or writing thereon
except the following words, to-wit:
Bids for Improvement Bonds Of the
City of Grants Pass, Oregon" Bids
will be considered on the full amount
OF the issue or upon the several
amounts designated to each improve
ment.
In witness whereof, ! have here
unto set my hand and affixed the cor
porate seal Of the city Of Grants
Pass. Josephine county, Oregon, on
this 4th day OF April, 1912.
/ (SEAL) J. n. JOHNSTON,
Auditor and Police Judge of the
City OF Grants Pass. ore.