The record. [volume] (St. Maries, Idaho) 1913-1918, 1913-07-11
Section XVI.

lecliuun 20 hucn hseehhmeut Toll tne
city council shall hear aud determine
all objections which have been FLED
by any person interested. of the re-
eularity of the proceedings ia max
ing such assessment and the correct |
ness of s1ch assess nent, or the
amount levied on any lot, part or
parcel Of land And at such meeting
or at an adjourned meeting thereof
pass upon all such objections and
shall override such objections in
whole OF in part or revise, correct,
confirm, set aside or order a new as
sessment or make and enter an or er
confirming and approving such pro.
oeedings aud assessments as corrected
by the said council.
Section XVII
For the purpose Of providing funds
for the payment " the costs and ex
penses of snch improvement there
shall be Issued bonds of Local Sew
erage improvement District No.
and the said sewer committee of said
Local Sewerage Improvement District
No. 8 shall have the power and au-
thority TO Issue and dispose of the
special assessment beverage improve
ment bonds herein provided for by
issuing the same to the contractor or
contractors constructing or building
said sewer system pr sewerage dispos-
al works or any pSftion thereof, or
other Improvements connected there
with, in payment thereof; or may sell
and dispose of the same at not less
than their par value net and pay the
proceeds 60 the contractor UT con-
, tractors engaged IN the construction
\ of said work or any part thereof, or
F1sn it's other servants. agents. work
/ men. or employees or In payment of
\ the other expenses incident to the con-
struotIon Of said system. Such bonds
shall be Issued in the name of the
city Of St. Maries and designated az
especial Assessment Sewerage lm-
provement Bonds. District No. 8.
b Section XVIII.
The said bonds shall be payable on
q or before the first day of December
A. d. 1918, and shall bear interest
. 4 at the rate Oh eight tsl per cent pei
1 annum, which said interest shall b.
i payable annually on the FIRST day o
u December in each year at the otficl
of the city treasurer of said city, o.
at some banking house Ia New Yorl
7s City. New York, at the option of tn
t. purchaser thereof Said bonds shall
D. be issued IN denominations Of
it dollars each, and shall be numbers
Of from one upward, oonseoutively an
lt each bond aud coupon shall be signe
D. by the mayor and attested by th
D. clerk of said city, provided howeve
ly that said coupon may, In lieu Of b,
3, ing so signed, have the fac smile {
he the sign ature of such officer, and eao
,h bond shall have the seal of said CIT
Do affixed thereto and shall refer to II
y, improvement for the payment
ed which the same shall be issued.
d., Section XIX.
de Each bond shall provide that Il
If, principal sun therein named and Il
N. interest thereon shall be payable Of
m Of tue local Improvement fun1 orea
be ed for the pay ment of the costs al
iys expenses of such Improvement al
nd not otherwise.
re Section Xxx.
Gil The assessment roll heretofore pr
ig vided for when approved, shall be {
I've assessment OF the costs aud expens
ms of the improvement herein again
lal the lots, pieces, and parcels of lR
ich included within said Local SeWers
hin Improvement District No.
the which the bonds herein provid
nn- shall he Issued.
file The assessment levied against ga
Iail pieue or parcel Of land may be pr
aud Ia ten equal annual installments VI
us interest upon the whole sum
ons chai ged as an assessment and unpa
son at the Fate Of eight ls) per cent
ass- annum aud the FIRST installment sh
iity be due and collectable on the d
ons day of October, A. ID. 1914, and Ell
day installmeut thereafter shall be
on the first day Of said month 10 el
.ou- succeeding year thereafter, aud sh
ans become Delinquent twenty days al
or becoming dee. The amount VIII
the shall be payable ard colleotable q
ain year. shall be one of such equal
ity nuai installments wish the Inter
aid due thereon, together with the inl
eof est on all iastallments thereafter
inc become due aud the whole thel
in shall be collected as a separate
70 aud ia the manner provided by
n as for the collection Of assessments
,iec. such Improvements where no DO
are Issued.