The Parma herald. (Parma, Idaho) 1903-1917, 1912-03-21
Notice of Municipal Coupon Bond Is
sue and Sale by the Village of
Parma, Idaho.

Ina AddAAOs
Public notice is hereby given that
the village of Parma, in the county Of
| Canyon, state of Idaho, intends to
issue and negotiate the municipal
coupon bonds of said village, in the
aggregate amount of $o500, to provide
| for the construction and maintenance
Of necessary water works; in the ag-
gregate amount of $6500, to provide
| for the laying and construction
of sewers; and in the ag-
gregate amount of $4,000, to provide
| for the construction and laying out
of streets.
Said bonds will be issued in con-
| formity with the provisions of ordi-
nance No. AZ of said village, adopted
aud approved the fourth day OF March
| A. d. 1912, and subject to the approval
of the qualified electors of said viii
| lage, voting upon the question, at an
election to be held in conformity with
said ordinance. If the issue of said
bonds be approved by the electors as
aforesaid, said bonds will bear date
March lst, 1912, will be redeemable
at the option of the village at any
| time after the expiration of ten years
from date thereof, and will be abso-
lutely due and payable March lst,
1882 Bonds issued to provide for the
construction and maintenance of nee
essary water works, will consist OF
nineteen bonds in the denomination
Of five hundred dollars each, number
| ed consecutively from one to nine
teen. both inclusive Bonds issued to
provide for the laying and construc-
| a.. - ,.-.f1 -A-e,et rNf ft,trfaat,
l bonds in a denomination of FIVE hun
dred dollars each, numbered consec-
utively from twenty to thirty-two
both inclusive. Bonds issued to pro
vide for the construction and laying
out of streets will consist of eight
bonds in the denomination of FIVE hun
dred dollars each. numbered from
thirty-three to forty, both inclusive
The principal and interest of sale
bonds will be payable at the Office o
the village treasurer, or at the Bank
ing House of Kountze Brothers il
the city and state of New York, a
the option of the holder. Said bondi
will bear interest at the rate of siS
per cent per annum, payable semi-an
nually on the first day Of January anC
first day of July in each year.
The board Of trustees of said vii
lage of Parma, will up to Thursday
the eighteenth day OF April, 1912, a
the hour of FIVE o'clock p. m. at th'
Office of the village clerk, receive seal
ed bids for said bonds and invites bid
ders for said bonds. All bids mus
be accompanied by an unconditione,
certified check for ten per cent of tn
amount bid and bids themselves mus
he unconditional bidders to take Vi
and pay for the bonds within hfteei
days from date of sale, or check vii
be forfeited
The village reserves the right t
reject any and all bids. After ascer
taining the best terms upon, and low
est interest upon which such bond
will be negotiated, the bonds will b
sold for cash and for not less thai
their face or par value and accrue
interest at the time of disposal by tn
village treasurer under the genera
supervision of the village board G
trustees.
THE BOARD OF TRUSTEES o.
THE VILLAGE OF Parma
IDAHO.
By R. J. CLUEN, Chairman
(SEAL)
Attest:
R. L. STOCKTON,
Village Clerk
First publication March 9TH, lol
Last publication March 20th, l9l