The daily star-mirror. (Moscow, Idaho) 1911-1939, 1917-12-26

Special Assessment for Improve.
ment Fund, District Number H." into
which shall be paid all the moneys
raised and paid under the assessments
as in this ordinance provided; such
fund being hereby created for the pur-
pose of paying the cost and expenses
of the improvements herein provided
and for redemption of the bonds and
interest thereon which may be is
sued, as provided by this Ordinance
and tn claws of the State of Idaho
PROVIDED, that in no case or in
any event shall the City of Moscow
be, or become liable for the payment
of all or any part of the cost or ex-
pense of such improvements, herein
provided for, or any bond or bonds, or
| interest thereon, which may be issued
under the provisions hereof; that the
remedy for the non-payment of as
sessments, or non-payment of bonds
issued hereunder shall be confined
solely to the provisions of the laws
of the State of Idaho.
Sec. II. For the purpose of paying
the costs and expenses of such i'm
provements, there shall be issued by
the City of Moscow, Idaho, negotiable
coupon bonds as provided by Chapter
% of the Act of the Legislature of the
State of Idaho, approved March IL,
1917, being IAN Act to Amend Section
2238F of the Revised Codes of the State
of Idaho, relating to the Powers of
Cities and Villages, and declaring an
emergency" payable to bearer on or
before a date not to exceed ten years
from and after the date of issuance
of such bond, which bonds shall be
styled, Special Assessment Improve
ment Bonds, District Number 70.
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. ~ to pay one or
more of said bonds.
The bonds shall be issued in an ag-
gregate amount, sufficient to pay the
costs and expenses of such improve
ments in said district less such an
amount as has been paid in cash. by
the owners of property, as redemption
the denominations of Two Hundred
Dollars, except that one bond may be
of a less amount, to correspond with
the amount owing, and excepting fur
Their, that in order to divide the
amount due each years bonds in such
amount as will make ten equal an
nual payments may be issued, to be
dated and made payable at such times
as will enable the same to be paid
by the collections from such assess
ments.
Sec. -. That a 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
If carrying this ordinance into eff
'ect, cause to be published in the Of
icial weekly newspaper of said City !
If Moscow, notice that bids will be !
'eceived for the construction of such |
which notice shall con-
ain a general description of the kind |
md amount of work to be done, the !
to be furnished, and shall |
tate that the plans and specifications
he office of the Clerk of said City, |
t Moscow, Idaho, which notice shall
re published for three issues of said
ewspaper
All bids must be sealed and deposit
d with the Clerk of said City on or
efore the time designated in such
office; the Mayor and Council of the
ity of Moscow hereby reserves the
light, in their discretion, to reject
ny and all bids.
That the contract for doing such
Improvement work, shall be, when let,
} the lowest responsible bidder;
rovided, however, that the Mayor
nd Council may take into considera-
on, the difference in the cost and
kpense of the various kinds Of stand
I'd paving, and shall not be bound to
t said contract to the lowest bidder