The Medina sentinel. [volume] (Medina, Ohio) 1888-1961, 1917-07-13
NOVICE or SALE or RoNns

| NOTICE OF SALE OF BONDS
Sealed proposals will be received at
the Office of the Clerk of the Village
of Medina, Ohio until twelve o'clock
noon, Central Standard time of
SATURDAY. AUGUST IL, 1917
for the purchase of the following bonds
Of the Village Of Medina, Ohio, to-wit:-
lD Ten (1O) bonds. aggregating
Dollars ($14,709.00) Of Fourteen Hun
dred Seventy and 90I100 dollars ($147O.-
800 each, issued in anticipation of the
collection of special assessments for paw
ing Smith Road, Medina, Ohio. Bids
should be sealed and endorsed Bids
for Smith Road Bonds.
Eight Thousand Eight Hundred Seven
ty Seven Dollars ($8877.00), of Eight
Hundred Eighty Seven and 70I1O0 Doll
lars ($887.70) each, issued in anticipa-
tfon OF the collection of special assess
ments for paving North Broadway
Street Street Medina; Me- Ohio. Bid. Bids should be
Broadway Street Bonds"
(3) Ten (1O) bonds, aggregating
Five Thousand Four Hundred Eighty
One Dollars ($54S1.OO,) of Five Humid
red Forty Eight and 10l100 Dollars
($54S.10) each, issued in anticipation
Of the collection of special assessments
dina Ohio. Bids should be sealed and
endorsed Bids for South Broadway
Street Bonds" B
(4) Ten (10) bonds, aggregating
One Thousand Forty Three ($1043.0O)
Dollars, of one Hundred Four and
30Il00 Dollars each, issued in antici-
patton of the collection of special as
Medina, Ohio. Bids should be sealed
and endorsed, Bids for Prospect Street
Bonds"
Each and all of said bonds are issued
under and by authority of the laws of
Ohio, and each set thereof is issued
under and by authority of certain
separate assessing and bond ordinance |
of said village, each and all of which |
were duly passed and adopted on the |
26th day of February, 1917. Each and |
all of said bonds are to bear date of |
May 1st 1917, and are to bear interest |
at the rate of five per cent (5G6) per |
annum payable annually on the first |
day of April of each year from and |
after the date thereof, as evidenced by |
coupons-attached thereto Each and all |
Of said bonds are to be payable to bear
er as Yellowstone Bond of each set |
on April l, 1918, and one bond of each |
set on the 1st day Of April of each year
bonds are fully paid, both interest and
principle thereon to be payable at the |
office of the Sinking Fund Trustees of |
said Village.
(5) Also at the time and place afore
said in manner and form aforesaid pro-
posals will be received for the purchase
Of twenty (2Ol bonds Of said village.
Three Hundred Seventy Eight Dollars
($2637S.00); issued in the denomina-
ion of Thirteen Hundred Fifty Dollars Il
($lS50.0O) each except the last, which
shall be in the denomination of Seven
hundred Twenty, Eight Dollars
One (D to twenty (261 as Of the series
II 1917; dated May 1st, 1917 and pay II
lble as Yellowstone bond April 1st II
1918 and one bond October 1st, 1918,
md one bond on the first day of April
Ind October of each year thereafter
ponds to bear interest at the rate Of
I've per cent (5ch) per annum, payable
mi-annually on the first day of April
ind October Of each year, evidenced by
coupons attached thereto; and both i'm
crest and principle are to be payable
1t the office of the Sinking Fund Trus-
ees of said village. Said latter bonds
ire issued for the purpose of paying a
certain portion of the costs and eNpen-
les. viz, the villages portion or that
portion of the costs and expenses not
provided for by special assessment,
ISp
o-wit:-Smith Road, North Court Street,
North Broadway Street, South, Broad
way Street and Prospect Street in the
yillage Of Medina. Ohio. and are issued
lnder and by authority OF the laws Of
9hio. and Of sections SS2O;73S21 Of the
lnce with a certain bond ordinance
If said village passed for that purpose
IN the 5th day of June A. D. 1917. Bids
Ihould be sealed and endorsed, Bids
or Village Portion Street Improvement
Bonds
Each and all Of said bonds will be
'old as of the. date and place aforesaid
Q the highest and best bidder for not
ess than par and accrued interest.
Bids for each set of the above named
I've sets of bonds must be submitted
and each set of bonds will
)e let separately.
All bids must state the number Of
Donds bid for and the gross amount
Il the bid and accrued interest to date
4 delivery, and be accompanied with a
certified check, payable to the Treas
Irer Of the village Of Medina, Ohio, for
I've per cent (5ed) Of the amount Of the
onds Sa ~ pa lor upon .h copditlon that
Give and pay for such bonds as may
e issued as above set forth within
en- days from the date Of award, said
heck to be retained by said village
3 stipulated damages III said condition Il
! not performed. Each bidder as / 4
art OF his bid will also be required to I
repare and furnish and deliver at the I
roper time free Of charge under the
irection OF the Finance Committee
Council and the Village Clerk, the
ecessary printed form blanks on which
aid bonds are to be executed. The
'illage OF Medina, Ohio reserves the
light to repect any and all bids.
lated July 10. 1917 N
n P. AinswOrth. Clerk,
I. 3. Underwood, Atty. 1914 4