The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-08-15
Notice of Sale of Highway Improve.
ment Bonds of Twin Falls
County, Idaho.

Notice is hereby given by the Board
LOT County Commissioners of Twin
Falls County, State of Idaho, that said
Board intends to issue, negotiate, and
sell, negotiable interest bearing cou-
pom bonds of said Twin Falls County,
State Of Idaho, to the amount of $780,
10000 for the purpose Of repairing
and improving the highways within
Twin Falls County, State of Idaho,
pursuant to Section 882-B of the Re-
vised Codes of the State of Idaho, Ses-
sion Laws 1911, Page 1877; and Section
1862 of the Revised Codes of the State
of Idaho. Said bonds to be issued as
near as practicable in denominations
Of 100000 eachs but bonds of the de-
nomination of Five Hundred ($5OO)
Dollars, and One Hundred ($1O0) Dol
lars each may be issued If deemed
necessary by the said Board; said
bonds to bear interest at rate not to
exceed six per cent per annum; said
interest to be paid on the first day of
January and the first day of July in
each year at the office of the Coun-
ty Treasurer Of said Twin Falls Coun-
ty, or at such Bank in the City of New
York as may be designated by the
Board of County Commissioners. The
said bonds to be redeemed and the
principal paid by the County in the
following manner: Ten per cent of
the total amount issued to be paid in
ten years from the date of issue, and
ten per cent annually thereafter, I'M
til all of said bonds are paid: said
bonds shall be redeemed in the order
they are numbered and bidders for the
purchase of said bonds or any part
thereof are invited to present sealed
bids to the Clerk Of this Board-at Twin
Falls. Twin Falls County, State OF Ida
no, up to 2 o'clock in the afternoon,
Thursday, August 21st, 1913, specify
ing the lowest rate of interest at
which the bidder will purchase said
bonds, and the denomination or de-
nominations of bonds desired by said
bidder, which may be either in
amounts of One Thousand $4,000
Dollars, Five Hundred ($500) Dollars
and One Hundred ($100) Dollars each
as above specified. The said bonds
will not be sold for less than their
face or par value and no bid will be
considered which specifies a rate of
interest exceeding six per cent per
annum. That all bids for said bonds
must be accompanied by a certified
check in the amount of five per cent
of the amount of bonds bid for, such
check to be drawn in favor of Twi,,
Falls County and to have no cond..
lions endorsed thereon other than
those which are set forth by the reso-
tons and orders of the Board Of
County Commissioners of Twin Falls
County, State of Idaho, the laws of
the State of Idaho and the conditions
set forth in this notice. The said
Beard shall have the right to reject
any or all bids offered and may read
vertise for bids Said bids will be op-
ened and considered by the said Board
at the office of the Board of County
Commissioners at recessed meeting
OF said Board to be held on the 21st
day of August, 1913, at Twin Falls,
Twin Falls County, Idaho. at o'clock
P. M, of said day and issue of the
bonds as herein specified is upon reso-
luton of this Board duly and regular
ly passed and by vote Of two-thirds
of the qualified electors of Twin Falls
County voting at an election, regularly
held for that purpose on the 23rd day
of July, 1913 Any further informa-
ton concerning the issue and sale of
said proposed bonds may be obtained
from the Clerk of the Board of Coun-
County, Twin Falls, Twin Falls Coun-
ty, Idaho.
G. H. TAYLOR, Chairman.
Attest: e. j. FINCH, Clerk.
Aug 1915