American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1915-10-07

WHEREAS, Heretofore and on the
18th day of July, A. ID. 1915. said as
sessment roll containing the afore-
said special assessments for sewerage
improvement. and a~ggregating the
sum OF $24,e23.23, approved and cob
firmed by said Ordinance No. 66, wan
filed with the village treasurer Of saio
village for collection, and said villag.
treasurer did thereupon give notice of
the filing OF said assessment roll, and
tha: aHy assessment therein might De
paid at any time within thirty (30)
days from the date OF the first publica-
ton OF said notice, the first publica
ton being July Is, A. ID. 1915. ano
the second publication being July 2t.
A. ID. 1915; and
WHEREAS, More than fifty go,
days have elapsed since the first pub
LEGATION OF said notice by said vii
lage treasurer; n
WHEIiEAS, Payments have been
made on said special assessment pur-
suant to said notice published by said
village treasurer, in the sum OF $23.23;
and
WHEREAS, II has been and Is here
by ascertained and determined by this
board that II IL not only advisable
and TO the best interests Of the said
village, but also necessary that spe-
cial assessment sewerage improve
ment bonds In the aggregate principal
sum Of $4,000, bearing interest at the
rate OF seven "a per centum per an
nun, payable semi-annually, be is
sued and sold to provide funds for
the payment OF the costs and ex-
! penses OF the improvements In said
local sewerage improvement district
No. l, and that the proceeds be paid
TO the contractor constructing sue
improvements; and
WHEREAS. The board of trustees
| are by the statutes authorized to ex-
pend from the general fund for such
improvements, such sums as In their
Judgment may be fair and equitable In
consideration Of the benefits accruing
to the general public by reason OF
such improvements, and
WHEREAS. The special assessment
sewerage Improvement bonds herein
above and hereinbefore mentioned,
have by this board been duly award
ed and sold to Keller Brothers, FL
nancial Agents, with offices at Den
yer, Colorado, who were and are the
highest and best bidders therefor, at
a price exceeding the par value OF
said bonds; Now, Therefore. by rea-
son of the Promises:
BE 1T ORDAINED BY THE CHAIR
MAN AND BOARD OF TRUSTEES
OF THE VILLAGE OF AMERICAN
FALLS, POWER COUNTY, IDAHO:
Section 1. That It be and il hereby
a%scertained, determined and declared,
that each and all of the proceedings
, had and taken In the making of the as
sessment for the cost of the creation
and organization OF local sewerage Inn
%provement District No. / and the on
struction of a sewerage system therein
and u sewerage disposal works there
for. have been aud are In all respects
regular and In due form Of law, ac-
cording to the constitution and statu.
tes of the state Of Idaho and the ordi-
nances OF said village; and that the as
sessment OF the property In said local
sewerage Improvement district No. /,
MS shown by the assessment roll con
flrmed and approved by Ordinance
| No. 66 and filed with the village
treasurer on July 10. A. ID. 1915, is
correct and In accordance with the
constitution and statutes OF said state
and the ordinances OF said village;
and that the amount of said assess-
ment so assessed upon any land, lots
or pieces or parcels of land within
said local sewerage Improvement dis
trict, and subject to assessment for
tho cost and expense thereof, shah
be and In hereby declared a lien
upon said lands, lots. pieces or par
cells of land. and shall and does take
precedence of all other liens and shall
be collected together with interest on
unpaid installments at the rate OF
eve CD per centum per annum, and
may be foreclosed In accordance with
the provisions of the statutes and
ordinances In such case made and pro-
vidod.
Section 2. That for the purpose o
providing funds for the payment Of
the costs and expenses of said sewer
age improvements In and for said local
sewerage Improvement district No. /.
there shall be and there are hereby
authorized, ordered and directed to be
issued, sold and delivered In the name
Oh sulu NiiiaBe 10 Ncclcr BrOtners, FL
nancial Agents, Denver. Colorado. ne
gotiable coupon bonds In the aggregae
principal sum Of S24, 900, which bonds
shall be known as and designated
special Assessment Sewerage I'm
provement Bonds, District No. L." saio
bonds shall be "a In number. nun
bered consecutively from | to "a. both
Inclusive. Of the denomination OF ST..
600 each: shall bear date of July is.
A u. 1915: shall be absolutely due
and payable ON or before July 10. A.
ID. 1925, and shall be redeemable In
numerical order on any interest pay
ment date upon thirty tSo) days prior
call and u notice published by the
village treasurer In the Official wv
paper OF said village, after the de-
linquency OF any installment of the
assessment. which call shall state the
number or numbers of the bonds call
| ed: said bonds shall bear Interest from
their date at the rate OF seven ca per
oentum per annum payable semi-an-
nually on the 18TH days OF January and
July. respectively. In each year, which