Imperial Valley press., 1916-08-12
G.. B. FOLSOM
MODERN SANITARY
PLUMBING
Estimates Furnished
I'll Centre. Cal. Phone 30
NOTICE OF SALE OF BONDS
Ell CENTRIC SCHOOL DISTRICT.

NOTICE OF SALE OF BONDS
Ell CENTRIC SCHOOL DISTRICT.
Notice is hereby given that sealed
proposals will be received up to
o'clock p. m., September 5, 1916, by
the Board of Supervisors of the Coun-
ty of Imperial, State of California, for
the purchase of the bonds of the El
Centre School District. in the sum OF
twelve thousand ($12,000.00) dollars
voted by said Ell Centre school district
at an election held on the 10th day of
July, 1916.
Each of said bonds will be dated
August s, 1916, and shall bear inter
est at the rate of five and one-halt
(5R) per cent per annum, payable
semi-annually; both interest ard prn-
cipal to be payable in lawful money OF
the United States, at the Treasury OF
the County of Imperial
Said bonds will be twenty-four (24)
in number. of the denomination of five
hundred ($500.00) dollars, each pay
able as follows:
Bond No. l, for five hundred dol.
lars ($500.00) to run IA years.
Bond No. 2, for five hundred dol.
lars ($500.00) to run IA years.
Bond No. 3, for five hundred dol.
lars (S50000) to run Is years.
Bond No. 4. for five hundred dol
lars (S500.0O) to run Is years.
Bond No. 5, for five hundred dol.
lars (S5OOOO) to run 16 years.
Bond No. 6, for five hundred dol
lars ($500.OO) to run 16 years.
Bond No. 7, for five hundred dol
lars (s5O000) to run II years.
Bond No. s, for five hundred dol
lars (S5O000) to run II years.
Bond No. 8 for five hundred dol
lars (S500.O0) to run 1S years.
Bond No. 10, for five hundred dol
lars ($500.00) to run 18 years.
Bond No. II, for five hundred dol
lars (S5O0.O0) to run 10 years.
Pond No. y, for five hundred dol
lars (S50O.00) to run 10 years.
Bond No. 13, for five hundred dol
lars ($50O.00) to run 20 years.
Bond No. ID, for five hundred dol
lars (S5O0.0O) to run 20 years.
Bond No. 10, for five hundred dol
lars (S5O0.0O) to run 21 years.
Bond No. 16. for five hundred dol
lars ($5OO.OO) to run 81 years.
Bond No. II, for five hundred dol
lars (S5O0.0Q) to run 90 years.
Bond No. Is. for five hundred dol
lars (SoO0.OO) to run % years.
Bond No. 10, for five hundred dol
lars (S5OO.O0) to run % years.
Bond No. 20, for five hundred dol
lars ($50O.00 to run % years.
Bond No. 81, for five hundred dol
lars ($500.00) to run "a years.
Bond No. %, for five hundred dol
lars (S500O0) to run "a years.
Bond No. %, for five hundred dol
lars (S5O000) to run 25 years.
Bond No. "a. for five hundred dol
lars (S500.0OO to run % years.
The bonds herein referred to wer,
voted for the purpose of raising mon
ey for purchasing school lots, maxim,
alterations or additions to any schoo
building or buildings. for supplyin,
school buildings with furniture o
necessary apparatus, for improvin,
school grounds, for liquidating any in
debtedness already incurred for sal,
purposes or refunding any valid out
standing Indebtedness of such distric
evidenced by bonds or warrants there
of.
The FL Centro School District ha
been receiving state and county schoo
funds. hiring teachers, maintaining
school and otherwise acting as schoo
district under the laws of this stat
continuously since prior to the for
nation of Imperial County in 1907.
The valuation of the taxable prop
erty within the El Centre School Dis
trict as shown by the 1915-16 equal
lied assessment book of said Count,
of Imperial. California, was S2,929,
| 500. 90, and the amount of outstanding
| bonded Indebtedness Of said school dis
trict is S115.O0O.00.
Each bidder must state that tn
bidder offers par and accrued interes
to date of delivery Of bonds, and stat
separately. in words and figures, tn
premium, if any, offered for the bond
| bid for. A certified or cashiers checl
in the sum Of five (5) per. cent of tn
amount bid, payable to the Chairman
of the Board of Supervisors, must ac
company each bid, as a guarantee tina
the bidder, if successful. will accep
and pay for said bonds in accordanc
with the terms of his bid. and sal,
check shall remain in the hands 0
said Board until all OF said bonds ar
paid for.
The Board reserves the right to re
iect any and all bids.
By order Of the Board of Supervis
ors of the County of Imperial. Stat
Of California, made August 8. 1916.
M. S. COOK,
Clerk of the Board of Supervisors,
/ A,,<.O1