The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1914-10-09
Ito be continued)
PROPOSALS FOR BONDS

Sealed proposals Will be received
at the office of the Village Clerk Of the
Village of Medina, Ohio, until IL
o'clock noon of October 10. 1914.
For the Sewer Improvement of
Union Street from North Court Street
to Huntington Street; Huntington
Street from Bronson Street to North
Street; Bronson Street from Hunting
ton Street to Foundry Street; and
Foundry Street from Bronson Street to
the north line Of Lot No. 56S, in
Sewer District No /: Also Mill Street
from man-hole to Elmwood Street, and
South Broadway from Grant Street TO
South Street in Sewer District No. 2,
dated August 25, 1914, in the aggre
gate sum of Thirty Three Huhdred and
Thirty-two Hollals ($33320O. payable
as follows:
One bond for $SSS.OO payable April
l 1916.
One bond for $3S3.OO payable April
One bond for $3SS.OO payable April
| /, 1918
One bond for $SS3.oO payable April
| /, 1919.
One bond for $sSS.OO payable April
+ One bond for $S3S.OO payable April
| /, 1921.
One bond for $S3a.OO payable April
| 1, 1922.
One bond for $S3S.OO payable April
H. 1923.
One bond for ssSS.OO payable April
One bond for SSS5.OO payable April
1, 1925.
| with interest upon said bonds at the
rate Of five and one-half per cent per
| annum payable annually evidenced by
coupons.
| Also for the extension of water
mains upon Union Street from North
| Court Street to Huntington Street.;
| Huntington Street from Union Street
to North Street in Sewer District No. l.,
and Mill Street from South Court
| Street to Elmwood Street and Broad
/ way Street from Grant Street to South
Street in Sewer District No. 2. Said
bonds being in the aggregate sum of
Two Thousand Five Hundred Dollars
($25OO.OO) dated September Is. 1914,
and payable as follows:
tember Is, 1916.
One bond for $4,000 payable Sep
tember Is. 1917.
One bond for $4,000 payable Sep
| tember Is, 1918.
One bond for $5OO.OO payable Sep
tember Is, 1919.
One bond for $4,000 payable Sep
tember IS, 1920.
said bonds bearing interest at the rate
of six per cent per annum payable
semi-annually.
Said bonds are issued for the pur-
pose of providing funds for the pay
ment Of that portion Of the cost and
expense of making the above stated
Sewer Improvement and Extension OF
Water Main assessed against said
Village, under authority Of the Laws
of the State of Ohio and the ordinan-
ces Of said village in such case made
and provided.
Said bonds will be sold to the high
est and best bidder for not less than
par and the accrued interest to the
date Of their delivery.
All bids must state the number OF
bonds bid for aNd the gross amount
of the bid and accrued interest to date
of delivery. and be accompanied by
certified check payable to the Treas
urer of Medina Village for $200.0C
per cent. of the amount of the bonds
bid for, upon the condition that IL the
bid is accepted the bidder will receive
and pay for such bonds within ten days
from the date of the award, said
check to be retained by the Village
as stipulated damages, In the event
that the bidder shall fail to per-
form such condition.
Each bidder, as part of his bic
agrees to furnish free OF cost to sale
village he blanks upon which sale
bonds are to be executed.
The right is reserved to reject any
and all bids.
Bids must be sealed and endorsed
proposals for Sewer Improvement" OF
Proposal for Extension or Wate'
Main" as the case may be.
George l.. McNeal, Village Clerk. 81