The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1916-07-11

to include one-half (1a) Of the pri-
vately owned property between the
alleys so improved and the next
street, whether such privately owned
property abut upon said alleys or not,
but in no case shall privately owned
property situated more th.n one hun
dred fifty (150) feet from the alleys
so improved be so assessed, In &C.
cordance with the law governing the
| same, and payment to the amount Of
such assessment for such work will
he made in assessment certificates,
! bearing interest at the rate of six
| per cent. per annum, issued in ac-
! cordance with law. In case OF any
, deficiency between the contract price
and the amount of such certificates,
such deficiency viii be paid in war
rants drawn on the city ;mprovem emit
fund available for the fiscal year be-
ginning April 1, 1916, payable out OF
the proceeds Of the tax levied there
for, and from no other source, the
city to incur no liability other than
the duty to levy the said tax and to
properly apply the proceeds thereof,
to making the special assessment
above referred to and issuing assess
ment certificates to the contractor
therefor. The warrants herein pro.
vided for, to be drawn as soon as the
proceeds of said tax are available
Said assessment certificates and war
rants, If such warrants be issued,
shall be accepted by the contractor in
full payment for all work done under
his contract without recourse on the
city of Keokuk.
Each bid must be accompanied with
certified check in a separate en-.
velope, said check to be drawn on
some known responsible bank. and
made payable to the order of the City
Treasurer Of the city of Keokuk, in
the sum of one hundred twenty-five
($125) dollars for each alley. Each
envelope must be addressed to the
city Of Keokuk and endorsed with the
name of the bidder and the improve
ment such check and proposal are for.
Certified checks accompanying pro-
posas will be returned to the unsuc-
cessful bidders when the contract has
been awarded, and also to the bidder
to whom the contract is awarded
when he shall have entered into con-
tract for the construction of said inn
provement with the city of KeolSuk
and given bond in the sum of six hun
dred $4,000 dollars for each alley.
with sureties to be approved by the
tlly SOuuCli VI tlc city VI heOh
for the faithful performance of his
contract. The contract will contain
provision that the contractor shall
guarantee the improvement to remain
in good repair for the period of two
years from and after the date OF its
acceptance by the City Council. and
the bond will contain like condition.
In case the successful bidder shall
fail to enter into contract with the
city Of Keokuk for the construction
of said improvement or furnish bond
as herein required, and as required
by law, the certified check deposited
by him with his bid shall be forfeited
to the city of Keokuk as agreed and
liquidated damages.
The right is reserved to reject any
and all bids.
The proposals received will be acted
upon by the City Council of the city
&c TSeokuk on the 25th day of July,
1916.
Published by authority of the
City Council of the City of Keokuk.
o. w. SANDBERG,
City Clerk of Said City.