Webster City freeman. [volume] (Webster City, Hamilton County, Iowa) 1884-1946, 1914-12-22

that request be granted as recon-
mended by the engineer and that
said Price Campbell pay the sum OF
$4O0, also relinquish amount of
damages allowed him at time of es-
tablisnment of said drainage dis
trict.
On motion auditor is authorized to
issue warrant to M. A. Hollenbeck
for $52.4O on account Of bill allowed
Tor labor on road.
Final report of engineer in Kirch-
ner drainage district No. 164 being
on file, showing balance due con-
tractors in amount of $66.53, the
board on motion authorized auditor
to issue warrant to contractors for
said amount as balance due in full
as per contract
The board proceeded to check
drainage districts for issuing bonds
for unpaid part of drainage assess
ments and on motion the following
resolution was adopted.
Resolved, that in the matter of
the cost in Reidt drainage ditch, or
drain, we, the baord Of supervisors
of Hamilton county, Iowa, find that
the estimated cost of such improve
ment is greater than should be lev
led in one year upon the lands bene-
fitted, and that bonds should be is
sued for all that part of said i'm
provement not paid in cash, and
that bonds running seven years,
bearing five and one-half per cent
semi-annual interest and one-fifth of
the principal payable each year COM
mencing November LIST, 1917, is
hereby authorized.
Be it further resolved, by the
board of supervisors of Hamilton
county, Iowa, that there be levied in
Reidt drainage district No. 1853, a
sum that will equal 20 per cent Of
the principal commencing with year
1916 and five and one-half per cent
annual interest on the amount re-
naming unpaid from year to year
for the next seven years hereafter.
And the county auditor is hereby
authorized and directed to make the
necessary levies from year to year
to carry out this resolution.
The following resolution was~pre-
scented and it was moved and sec
onded that same be adopted:
Whereas, April Sth, 1914, the
board of supervisors of Hamilton
county, Iowa, did locate Reidt
drainage district No. 1873 in said
county, and
Whereas, the cost and expense Of
location and cost of construction Of
said drainage district has been ap-
portioned to the said lands in said
drainage district in the aggregate
sum Of $31, S0Q.1O, and
the aggregate amount of $22,O2S.26
have been paid in full, Except as
sessments for public roads,, and
Whereas, the board of supervisors
of Hamilton county, Iowa, has here
tofore determined that the es.imat-
ed cost of reclamation and improve
ment of said district of land is
greater than should be levied and
collected in single year,
Now therefore, be it resolved by
the board of supervisors of Hamil-
ton county, Iowa, that drainage
bonds of said county be issued in
the sum of $9,771.O0 for the bene-
fit of Reidt drainage district No.
|15S. Said issue shall consist of l
bond of the denomination of $271.O0
and 10 bonds of the denomination
of $500 each, to be numbered con-
secutively from l upward, dated
November LIST, 1914, and shall ma
tuTe DIS lOllOWS. 81, Il.UU uuc anu
payable on November list, 1917;
$4,000 due and payable on Novem-
Der 1st, 1918; $4,000 due and pay
able on November list, 1919: $4,000
due and payable on November 1st,
1920; $4,000 due and payable on
November 1st, 1921.
Said bonds shall bear interest at
the rate of five and one-half per
cent per annum, payable semi-an-
nually on the first day of November
and May of each year, the several
installments Of interest to be evil
denced by coupons attached to said
bonds, and both principal and inter-
est shall be payable at the office OF
the treasurer of said county, in
Webster City, Iowa. Said bonds
shall be signed by the chairman OF
said board of supervisors and attest
ed by the county auditor, with the
county seal attached, and said inter