The daily star-mirror. (Moscow, Idaho) 1911-1939, 1916-02-18

!, BILE coupon bonds as provided b,
/ Chapter 81 of the Act OF the Legisla
ture of the State Of Idaho, approved
March 18th, 1915, being an Act t.
amend section 2238 of the Revised
Codes of the State of Idaho, as amend
ed by Chapter 81 of the 1911 Session
i Laws of the State of Idaho, and to ado
certain sections, payable to bearer
item years after date and bearing in.
lterest at the rate of six per cent pei
annum, which bonds shall be STYLED
Special Assessment Improvement
Bonds, District No. Six"
| PROVIDED, that the City of Mos
COW, hereby reserves the right to call
and pay all such bonds according to
their numerical order, whenever there
shall be sufficient money on hand in
said Special Assessment Improvement
District Fund No. Six to pay one or
more of said bonds
The bonds shall be issued in an ag-
gregate amount, sufficient to pay the
cost and expenses of such improve
ment in said district, less such an
amount as has been paid in cash, by
the owners of property, as redempt-
ton from said assessment, and shall
be in the denominations of Two Hun
dred Dollars, except that one bond
may be of a less amount, to CORES
pond with the amount owing, and ex-
icepting further, that in order to di-
| vide the amount due each year, bonds
| in such an amount as will make ten
even annual payments may be- is
| sued.
Sec. IL. That contract or con-
tracts may be entered into, for the
making of the improvements herein
provided for, in the name of the City
of Moscow, and shall, for the purpose
of carrying this ordinance into effect,
cause to be published in the official
weekly newspaper of said City of
Moscow, a notice that bids will be re-
ceived for the construction of such
improvements, which notice shall con-
tain a general description of the
kind and amount of work to be done,
the material to be furnished, and
shall state that the plans and specific
file in the office of the Clerk of said
City, at Moscow, Idaho, which notice
shall be published for three issues of
said newspaper. 4
All bids must be sealed and deposit
ed with the Clerk of said City on or
before the time designated in such no
tice; the Mayor and Council of the
City of Moscow, hereby reserves the
right, in their discretion, to reject any
and all bids.
That the contract for doing such i'm
provement work, shall be, when let, to
the lowest responsible bidder; Pro-
vided, however, that the Mayor and
Council may take into consideration,
the difference in the cost and ex-
pense of the various kinds of standard
said contract to the lowest bidder on
any kind of paving or paving mater
ial
Provided further, that after the
time has expired in which said bids
are to be filed with the Clerk, the
Mayor and Council shall meet
open bids. either at regular or spe-
cial meeting, and if no bid be ac-
cepted, may extend the time for fur
Their bids to be filed, or may publish
further notice for bids, for the same
time as required for the first bidding.
Sec. 13. When any bid for the MAX
ing of said improvements, be accepted
by the Mayor and Council, a written
contract shall be entered into by the
City of Moscow, which contract shall
be signed by the Mayor, and attested
by the Clerk, and the seal of the City
of Moscow attached thereto.
Provided, that the right is hereby
reserved in the Mayor and Council, to
determine the terms and conditions of
said contract, and that said contract
must require all of said improvements
to be done and completed in all re-
spects according to the plans and spe-
cifications therefor, and shall be I'M
der the control and direction of the
City Engineer, or in case of his dis
ability, or other reason, such other
person as the Mayor and Council may
appoint, who may be removed at their |
election.
Sec. IA. The Mayor and Council |
must require that the contractor shall |
give good and sufficient bonds to the
City of Moscow, in such amounts and
lnder such terms and conditions as
hey may require, and with such sure
les as they may determine, for the
completion of the work and for its
a deposit of money or
certified check may be required with
Zach bid, in such amount as may be
equired by the notice.