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

Logan, Iowa, Feb. is. 1916.
The board of supervisors met pur.
suant to adjournment. All members
We're present.
On motion by Supervisor VanScoy
the following resolution Was adopted:
Resolution.
Whereas, the drainage district DIES.
ignated as the Annis drainage dis.
trict has been located and established
in Harrison county, Iowa, and,
Whereas. an apportionment of the
estimated costs, expenses. costs OF
construction fees and damages as.
sessed for the construction of the i'm.
proyements ordered made therein,
has been made in the sum OF $46,59oOO,
and the said sum was on the
3rd day OF January, 1916, determined
to be the amount to be levied and as
sessed as tax against and upon the
lands, and The several township roads
and roads included in the county road
system of said county, lying within
said drainage district, benefited by the
said improvements so located, estab.
lished and ordered made therein, and
the board of supervisors, after due ex.
animation and consideration, and be.
ing fully advised in the premises, finds
and determines thai said estimated
costs OF reclamation and improving
OF the lands in said drainage district
is greater than should be levied in a
single year upon the lands benefited !;
therefore,
BE it resolved, by the board of SUI
pewisors, shat an amount equal to
one-tenth of the amount of the tax UNI
paid when Eonds 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 in this resolution and by law
Roll call: VanScoy yes; EriSon,
yes: Hosbrcol, yes.
On motion by Supervisor Erixon,
the following resolution was adopted:
Resolution.
Providing for the issuance of drain.
age bonds OF Harrison county, Iowa,
for the enetit of the Annis drainage
district in said county.
Whereas, the board of supervisors
of Harrison county, Iowa, at session
held April 18th, 1918, did locate and
establish drainage district in said
county designated and known as tho
Annis drainage district; and,
yNbnrooc rec
at session held Jan. Bird, 1916 did
affirm the apportionment of the costs,
expenses, costs of construction, fees,
and damages in construction of the
improvements in said district in the
sum of SAG $4,000, and,
Whereas, the said special assess
ment remains unpaid in the aggregate
amount of s21,465.S0, and.
Whereas, the board has by resolu
tion determined thai the costs of the
Improvement of said district is great
er than should be levied in single
year upon the lands benefited; now
therefore,
Be it resolved and ordered by the
board of supervisors Of Harrison coun.
ty, Iowa, that in each year to and in
Guiding 1920 there be levied .... col
lected interest on said unpaid assess
ment at the rate of five and one-fourth
per centum (oM) 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 together 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 s21.465.so for
the benefit OF said Annis drain
age district,
Said issue shall consist of one bond
of the denomination of S465.S0 and
forty-two bonds OF he denomination Of
$4,000 eacn, numbered consecutiyely
from one to forty-three. inclusive,
dated February lst, 1916, which said
bonds shah become due and payable
a. follows.
$2,465.80. due February LIST, 1921.
10000, dae February list, 1922.
81 G0000, due February LIST, 1923.
100000, due February LIST, 1924.
$2,5o900, due February LIST, 1925.
$2Q0Qo0, due February list, 1926.
So .00000 due February list, 1927.
$2,00000, due February 1st, 1928.
$90o0.Go, dae February LIST, 1929.
$25oo0o. doe February 1st 1880.
SAID bonds shall bear date of Feb
ruary LIST. 1916. and bear interest at
the rate Of five and onefourth per
centum (5M) per annum, payable
semiannually or the LIST days of Feb.
ruary and August IN each year, which
said interest shall he evidenced by in.
terest coupons TO be attached to each
of said bonds. Botn principal and In
terest of said bonds shall be payable
in lawful money Of the United States
of America al 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. .......... $'.........
KNOW ALL MEN BY THESE
PRESENTS, that the county of Har-
rison, in the state of Iowa, acknowl.
edges itself to owe and for value re-
oeived hereby promises to pay to
bearer. as hereinafter provided, the
sum of .............. dollars law.