Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1915-06-02

. "a . "
for the constrsction Of such esmsal
curbing,~ grading and paving. including
labor and material and incidental cost
and expenses shall be made by special
assessments certificates drawing intsr-
est at the rate Of per cant per an
mum issued In accordance with the
provisions Of the Code Of Iowa, to the
extent that the cost OF the same IL
assessable by law against the real
properties AUDITING on said improve
ments. and such other property &C.
cording to area 10 - to include one-
half Of tho privately owned property
between the streets 20 to be improved
and the next street whether such prop
erty privately owned ADULTS upon said
street Improvement or not, but in no
case shall privately owned property
situated more than 800 feet from the
streets to be 30 improved be- assessed
for any part Of the cost thereof: said
assessments to be In proportion to the
special benefits conferred upon said
property by reason Of said improves
ment and In accordance with the law
governing the same, but not exceeding
Is per cont Of the actual value of any
lot or parcel OF ground at the time OF
the levy, and the last previous assess.
ment roll shall be taken as prima facie
evidence Of such value. Said certi-
dcates to be issued and delivered to the
contractor after the work IL completed
and fully accepted by the mayor and
city council: any deficiency between
the amount Of the contract price and
the amount of said certificates and
! also the cost Of intersections where the
1 ,ok hyo evof, CO
| AUDITING or adjacent property within
800 feet of said improvement, to be
paid in warrants drawn on the im-
provement fund Of said city available
for the fiscal year beginning April l.
1915, and any additional deficiency to
be paid from the proceeds Of special
| tax levied under the provisions Of Sec
| ton $50 Of the Code of Iowa and acts
amendatory thereto in anticipation OF
| which revenue bonds will be issued
| under the provisions of Section 912 Oh
the Code of Iowa and acts amandatory
thereto. The contractor shall look ex-
clusively to the funds stated In the
| contract for the payment for said i'm
tprovement. and the city of Marshall-
| town will not render itself pecuniar,ly
liable for the payment of the cost or
any part of the same, and will not in
cur any Indebtedness therefor, and IN
the event that any such cost or ex-
pense shall be required to be paid from
the said improvement fund to be raised
by means Of the special levy on prop
erty within the city of Marshalltown.
Iowa, said levy may be made to extend
over period of ten years, as provided
by law.
Notice is further given that the cons
tract between the city Of MarshalltoWn,
Iowa, and the contractor shall be In
accordance with the specifications
above referred to and shall provide for
the completion of said contract and
the maintenance thereof and keeping
in repair of said paving for the period
Of one year; the contractor to furnish
good and sufficient bond as guar
anty therefor in the sum Of fifteen
thousand dollars to be approved by the
mayor and city council OF said city.
Notice is further gwen tina. said bids
Will be acted upon by the mayor and
city council at its meeting to be held
in the council chamber in the city OF
Marshalltown. Iowa, on the 18th day OF
June A. d. 1915, at 10 o'clock a. M,
and that all bids are required to be
made on written forms furnished by
the city clerk. and all bids must be &C
companied by a certified check in q
separate envelope in the sum OF one
thousand dollars payable to the order
of the city treasurer of me city OF
Marshailtown, Iowa, as guaranty
that the bidder will enter into formal
contract for the doing Of the work az
provided by the bid and the acceptance
thereof, and the check SO furnished oy
the successful bidder scall be held ana
retained by the city Of Marshalltown.
Iowa. until such contract is fully exc
cuted, and all checks of unsuccessfui
bidders shall be returned
All assessment certificates shall draw
5 per cent interest per annum on all
deferred payments from the date OF the
assessment, and the option shall DO
given the owners of the property as
sessed to have the same payable IN
seven equal annual installments upon
the signing by the property owner
whose property is assessed Tor any
par, of the cost of said Improvement
of a waiver of all objections to the
levy and all former proceedings.
Notice is further given that res-
olution ordering said Improvement and
the specifications for the same are now
on file in the office OF the city clerk OF
viii be available for the inspection OF
any person desiring to make bids upon
the proposed work and that the con-
tract to be entered into will be In the
usual terms and Will embody the re-
uuirements Of the specifications for
said street Improvements. and shall DO
in accordance with the resolution or
dering said Improvements.
All bids will be publicly opened ana
the mayor and city council will act
thereon at their~meeting on the 18TH
day of June 1915. unless action shalI
be deferred until some later time. and
the contract will be let in the namo
Of the city Of Marshalltown. Iowa. to
the lowest bidder but the mayor ana
city council reserves the right to re.
ject all bids and order new ones.
Dated this 10th day OF May A. u
1915.
City Clerk.
Published June 2, 8. 1915. in Times
Republican.