The daily star-mirror., 1915-09-15

WHEREAS, the assessments on sait
assessment roll unpaid amounts tc tn,
sum of EIGHT THOUSAND FOUF
HUNDRED ($8,400.00) DOLLARS,
now, therefore,
BE 1T ORDAINED BY THE MAY
OR AND COUNCIL OF THE CITY OF
MOSCOW, IDAHO:
Section l. That the unpaid assess
ments levied upon the property in
Local Sewerage improvement Dis
trict No. 3, as described in such ordi-
nance and the assessment roll there
for, for the costs and expenses of the
improvement, be paid in ten equal
annual installments, with interest on
all unpaid installments at the rate
OF six per cent per annum, payable
annually, the first installment of said
assessments, with the interest on the
whole amount to be levied and collect
ed at the same time that the general
taxes for the year 1915 are collected.
and one installment and the interest
on all unpaid installments each year
thereafter.
| Sec. 2. That all unpaid assess
| ments, upon the property included in
| Local Sewerage improvement District
No. as shown by said assessment roll
and Ordinance No. 397, to which refer
ence is hereby made for complete de-
scrlpt1On, is and constitutes a lien
upon each and every tract and parcel
of said lands and premises, as shown
In such assessment roll on file in the
office Of the Clerk of the City Of Mos
COW, and prior to all other liens, ex-
cept liens OF general taxes; that said
assessment roll and confirmation
thereof by the Council of the City of
MOSCOW, and all proceedings thereon
are hereby approved, fixed and rat
flied.
Sec. 3. That the money received in
payment of the special assessments
for improvements in Local Sewerage
improvement District No. shall be
known as Special Assessments for
Sewerage improvements District No
3 fund, and shall be applied solely
towards the redemption of the bonds
issued therefor, as herein provided.
Sec. 4. That for the purpose of pay
prOvements in Local Sewerage I'M
provement District No. 3, there shall
be issued in the name of the City of
Moscow, Idaho, Special Assessment
Sewerage improvement Bonds District
No. in the sum of EIGHT THOU |
SAND FOUR HUNDRED ($S,4OOOO)
DOLLARS. Said issue shall consist of |
forty bonds, of the denomination of |
ID
each; ten bonds of the denomination
of FORTY ($4000) DOLLARS each,
and be numbered from one upwards
consecutively, dated August 1st, 1915,
and shall be payable in ten equal an
nual installments to be payable on the
1st day of August 1916, and one in
stallment on the 1st day of August of
each year thereafter, up to and in
Guiding August 1st, 1925.
Sec. 5. Said bonds shall bear inter-
est at the rate of six per cent per an
mum, payable annually, on the 1st
day of August in each year, which
shall be evidenced by coupons for
each years interest of a proper FORM
and attached to said bonds, which said
bonds shall be substantially in the
following form:
UNITED STATES OF AMERICA
NO. ........ S........
STATE OF IDAHO, COUNTY OF
LATAH,
CITY OF MOSCOW. If
SPECIAL ASSESSMENT SEWERAGE
IMPROVEMENT BOND, DISTRICT {
NO. 3.
KNOW ALL MEN BY THESE g
PRESENTS: That the City of Mos +
.ow, in Latah County, Idaho, is in i
lebted to, and for value received +
Hereby promises to pay to, bearer
TWO HUNDRED DOLLARS o
awful money of the United States of 6
on the 1st day of August, A
916, with interest thereon from date,
t the rate of six per centum per an 7
um, payable annually, on the 1st day T
f August in each year, on presenta-
ion and surrender of the annexed I
oupons, bearing a fac-simile of the
ignature of the Mayor and Clerk ofI I
aid City, as they severally becomei
ue. Both principal and interest of +.
his Bond are payable at the office of
he Treasurer of said City of Moscow
daho, and are payable out of Local =
Fund of Local Sewerage
District No. 3, created
)r the payment of the costs and ex- n
enses for the construction of i'm f.
rovements in said Local Sewerage Fl
District No. 3, and not r
therwiss. r.
This Bond is one Of a series of al
onds Of like date, tenor and effect, it
ycept as to denomination and time m
payment, numbered consecutively m
ON l to so, inclusive, aggregating dt
100000, issued by the Mayor and CT
ouncil of the City of Moscow, Idaho, Ell
II the purpose of paying the costs in
Id expenses of the improvements in sa
lid Local Sewerage improvement III
istrict No. 3, pursuant to Ordinance CT
o. 1886 duly and regularly passed fu
7 the Mayor and Council of said tn
ty on the 9th day of November al
IA, and Ordinance No. 397 of said CT
ty, duly and regularly passed by the of
ayor and Council of the said City, te
the 22nd day of December, 1914, of
lder and by authority of, and in ac WI
rdance and full compliance with, the of
neral laws of the State of Idaho,
ID especially Section 1858 of Idaho Al
,yiSad Codes as amended nv the ~