American Falls press. [volume] (American Falls, Idaho) 1907-1937, 1916-12-14
BE 1T ORDAINED BY THE CHAIR
MAN AND BOARD OF TRUSTEES
OF THE VILLAGE OF AMERICAN

MAN AND BOARD OF TRUSTEES
OF THE VILLAGE OF AMERICAN
FALLS. POWER COUNTY, IDAHO:
Section l.. That 1t be and is here
by a~scertained. determined and declar-
ed. that each and all of the proceed
ings had and taken in the creation and
organization OF Local Improvement
District No. s. in said village and the
making and levying Of assessments
to provide for the costs and expenses
of said creation and organization and
construction OF cement. sidewalks and
cross walks therein. have been and
are in all respects regular and iE due
form of law. according to the consti-
tuition and statutes of the state OF
idaho and the ordinances Of said viii
lage as more particularly set forth in
the preamble hereof; and that the
assessment of the property in said To-
cal Improvement District No. s, and
the amount thereof, as shown by the
assessment roll confirmed and APPROX
I'd by Ordinance No. so and filed with
the village clerk on July 28th, A. D.
1916, is correct and in accordance with
the constitution and statutes OF said
state and the ordinances OF said viii
lage. and is the amount Of the total
cost OF said improvement; and that
the amount OF said assessment so as
sessed upon any land, lots or pieces
or parcels OF land within said local
improvement district and subject to
assessment for the cost and expense
thereof. shall be and is hereby declar-
ed a lien upon said lands, lots, pieces.
or parcels of land, and shall and Ices
lake precedence of all other liens and
shall be collected together with inter
est on unpaid installments at the rate
OF seven Cd per centum per annum,
and may be foreclosed in accordance
with the provisions OF the statutes
and ordinances in such case made and
provided.
Section 2. That the bonds in this
ordinance hereinafter provided for
when sold and delivered, shall trans
fer to he owner or owners thereof,
all the right and interest of said viii
lage In and with respect to every as
sessment set forth in the assessment
roll for the said local improvement
district No. 8, and the lien created by
said assessment against the property
of such owners assessed as shall not
have availed themselves of the provi-
ions OF he statute in regard to the re-
demption of their property from such
assessment, and shall authorize the
owners n holders of said bonds to
receive, sue for and collect, or have
r collected, the assessment embraced In
said bonds, or through any methods
, provided by law for the collection of
assessments for local improvements.
, And If the village of American Falls
shall fail, neglect or refuse to pay said
, bonds. or to promptly collect any of
said assessments when due, the own
er of any of said bonds may proceed
IN his W name, to collect such as
; sessments and foreclose any lien there
or in any court of competent jurisdic-
; ton, and shall recover, in addition to
, the amount of such bonds and interest
thereon. five 90 per centum togeth-
: err with the costs of such suit, includ-
ing a reasonable sum for attorneys
fees.
, Any number of holders of said bonds
for said Local improvement District
.. No. 5 may join as plaintiff. and any
: number of owners of the property on
which the same are a lien may be
, Joined as defendants in such suit. Any
,, such bonds shall be equal liens upon
/, the property for the assessments re-
: presented by such bonds without
: priority of n over another to the ex-
! tent of the several assessments against
the several lots and parcels of land.
Section 3. That for the purpose of
! providing funds for the payment OF
the costs and expenses of said side
! walk improvement in and for said Lo-
I cal Improvement District No. s, there
J shall be and there are hereby author
: lied. ordered and directed to be is
sued, sold and delivered in the name
| of said village to Sam A. Forter, of
American Falls, Idaho. negotiable
coupon bonds in the aggregate prin-
? cipal sum OF s2l. 526. o5, which bonds
; shall be known as and designated
, Special Assessment Improvement
Bonds. Local improvement District
No. s." said bonds shall be 43 in num-
! Der, numbered consecutively from l
} to 43, both inclusive, bond No. l of
the denomination of $526.05, bonds
Nos. 2 to 43. both inclusive. of the de-
nomination of $500 each, shall bear
date of September l. A. ID. 1916; shall
be absolutely due and payable Septem-
Der /. A. ID. 1926. and redcemable as
follows.