The Meridian times. (Meridian, Idaho) 1909-1938, 1913-07-11

Notice Is hereby given by the Board
OF County Commissioners Of Ada
County, State 81 Idaho. that said board
intends TO issue, negotiate ana sell ne
gotiable interest bearing coupon bonds
Of said Ada County, State 81 Idaho, to
the amount 81 Two Hundred Thousand
(s200, 100000 dollars for the purpose Of
building, repairing and constructing
roads and bridges within Ada County,
State ot Idaho. pursuant to Section
sszb Of the REVISED Codes Of the State
OF Idaho, session Laws 1911, page 1s7,
and section 1862 Of the Reyisad Codes
81 the state Of Idaho.
SAID bonds TO be issued as near as
practicable in denominations Of One
Tho usaud ts1 10000 dollars each, but
bonds of the denominations Of Five
Hundred ssapO0) dollars and One
Hundred $4,000 dollars each may be
issued il deemed necessary by the said
board; said bonds 10 bear interest at
rae not 10 exceed six per cent. per
annnm; said interest to be paid on the
first day Of January and the first day Of
July ia each year at the Office OF the
County Treasurer Of said Ada County,
Or ut such bank in the City VI New
York az may he designated by the
Board u County Commissioners. The
said bonds to be redeemed and the
principal paid by the county in the fol
lowing manner; Ten per cent. OF the
total amount issued 10 he paid in ten
years from the date .of issue and ten
per cent. annually thereafter until all
OF said bonds are paid; said bonds shall
be redeemed ia the order they are mum
bered, and bidders for the purchase OF
said bonds or any part thereof are in
vited TO present sealed bids to the clerk
81 this board at Boise City, Ada County,
State Of idaho, up TO 10 o'clock a. m,
thursday, July oath, 1913, specifying
the lowest rate Of interest at which the
bidder viii purchase said bonds, and the
denomination or denominations OF bonds
desired by sad bidder, which may be
either ID amounts Of One Thousand
(Sl00oOo) dollars, Five Hundredts5o0.00)
dollars and one Hundred $4,000 dol
lars each, as above specified. The said
bonds viii not be sold for less than ther
face or par value and no bid viii be con
sidered which specifies a rate OF interest
exceeding six per cent. per annum. That
all bids for said bonds must be accom-
panied by certified check in the
amount Of five per cent, Is per cent? of
the amount Of the bonds bid for, such
check 60 be drawn in favor Of Ada Coun-
ty and to have no conditions endorsed
thereon, other than those which are set
forth by the resolutions and orders of
the board Of county commissioners Of
Ada County State Of Idaho, the laws OF
the State of Idaho, and the conditions
set forth in this notice. That said board
shall have the right to reject any or all
bids offered and may readvertise for
bids. Said bids will be opened and con
sidored by the said board at the Office OF
the Board Of County Commissioners at a
recessed meeting OF said board, to he
held on the Gath day of July, 1913, at
Boise City, Ada County, State of Idaho,
at ten o'clock am. OF said day, and issue
of the bonds as herein specified is upon
resolution of this board duly and regu-
larly passed and by vote of two thirds
OF tho qualified electors OF Ada County,
voting at an election regularly held for
that purpose on the 18th day of June,
1913, Amy further information concern
ing the issue aud sale OF said proposed
bonds may be obtained from the clerk
OF the Board Of County Commissioners
of Ada County, Boise City, Ada County,
State OF Idaho.
(Seal) VIM. HowRLI,
Attest Chairman.
SqEPHEN UqTER, Clerk.