Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1916-05-11


the right of way Of the Illinois Cen.
trail Railway Company lying within
said district. benefited by the repairs
and Improvements ordered made
therein, and the said board being ful.
ly advised in the premises, further
finds and determines that the said as.
sessment so levied and fixed IS
greater burden than should be levied
in single year upon the lands bene-
ffted: therefore,
Be it resolved. by the board Of sue
pervisors, that an amount equal to
one-tenth of the amount Of the tax I'M.
paid when bonds are issued be lev
led and collected each year from and
after the list day of February, 1921.
the date of the bonds to be issued as
provided n this resolution and by
law.
Roll call: vanscoy yes: Hosbrook.
yes: EriNon. yes.
On motion by Supervisor VanScoy.
the following resolution was adopted:
Resolution.
Providing for the issuance Of drain
age bonds of Harrison.P ottawattamie
drainage district No for that por-
tion of said district being situated in
Harrison county, Iowa. for the benefit
Of said Harrison-Pottawat
son county.
Whereas, the boards of supervisors
Of Harrison county. Iowa. and Potta-
wattame county. Iowa. in joint ses.
sion held June 18th. 1905. did locate
and establish drainage district in
said counties designated and known
as the n-Pottawattamie drain
age district No. I. and,
Whereas, said boards of supervis-
crs, at joint session held. did affirm
the apportionment OF costs, expenses.
costs of construction fees and dam
ages in the construction of the Inn
rrovements in said district, and,
Whereas, the said boards, in joint
session. found that it was necessary
to make certain repairs and improve
ments. resolved and did order said re-
PAIRS and improvements in said dis
trict. and.
Whereas. the said boards of SUPER
visors. at jcint session on the 4th day
OF November 915,tld fix and affirm the
costs, expenses, fees and damages oc-
casioned by the making of said re.
pairs and Improvements in said dis.
trict in the sum of $l15,OOO.00, and,
Whereas, it was determined by the
said boards on said date that of the
above amount the sum of $94,300.O0
should be borne by the lands included
in said district situated in Harrison
county, Iowa, and,
Whereas it was determined upon
said date that each county separately
raise and collect the amounts alpor.
toned to each county as by law pro.
vided, and,
Whereas, of said special assessment
there remains unpaid the aggregate
amount OF $9O,OOO.O0, and the said
board OF supervisors of Harrison coun.
ty has determined that the estimated
cost of said Improvements and re.
pairs in said district and that part
thereof situated in Harrison county is
greater than should be levied in a
single year upon the lands benefited;
now, therefore,
Be it resolved and ordered by the
ty, Iowa, that in each year to and in.
Guiding 1920 there be levied and col.
lected interest on said unpaid assess.
ment at the rate of five and one-fourth
per centum (5H per cent? per annum,
and that in the year 1921 and in each
year thereafter to and including 1929
there be levied and collected one-tenth
OF said assessment, togethe1 with one
years interest on such amounts then
remaining unpaid;
Be it further resolved and ordered
that drainage bonds of said county be
issued in the amount of $90,000.00 for
the benefit of said Observation-Disclosures
TAME drainage district;
Said issue shall consist of one bond
of the denomination of 100000 and
179 bonds of the denomination OF
$4,000 each numbered consecutively
from one to one hundred eighty, in.
elusive, dated February list, 1916,
which said bonds shall become due
and payable as follows:
100000 due February LIST, 1921.
100000 due February LIST, 1922.
100000 due February list, 1923.
100000 due February list, 1924.
$9,5OO.O0 due February list, 1925.
100000 due February LIST, 1926.
100000 due February list, 1927.
100000 due February list, 1923.
100000 due February LIST, 1929.
100000 due February LIST. 1880.
Said bonds shall bear date of Feb
ruary list, 1916, and bear interest at
the rate OF five and one-fourth per
centum (5M) per annum, payable
semi-annually on the LIST days of Feb
ruary and August in each year, which
said interest shall be evidenced by In
terest coupons to be attached to each
of said bonds. Both principal and IN.
terest OF said bonds shall be payable
in lawful money of the United States
OF America at the Office of the county
treasurer of Harrison county, Iowa,
Logan, Iowa
Said bonds and the interest coupons
evidencing the interest to accrue
thereon shall be in substantially the
following form:
UNITED STATES OF AMERICA,
STATE OF IOWA,
COUNTY OF HARRISON.
No .,....... $.........s
.....ss's