The Coconino sun., 1917-03-23

Be it ordained by the Town of Flag. staff, Coconino County, Arizona and the Mayor and Common Council, as follows:
 Section 1. That public notice is hereby given that the common council of the town of Flagstaff, Coconino county, Arizona, has been authorized to order and does hereby order and direct the sale of the following de- scribed bonds of said town, to-wit:
 Sewer bonds in the aggregate prin- cipal sum of s60,0O0, comprised of 60 bonds numbered consecutively from 1 to 60 inclusive, of the denomination of $1,O00 each, dated January 1st, A. D. 1917, absolutely due and payable in numerical order in equal annual amounts of $6,000 each on January 1st in each of the years A. D. 1928 to 1887 inclusive, and bearing interest at the rate of five and one-half (5k) per centum per annum, payable semi annually;
 for the purpose of raising funds with which to purchase the existing sewer system of said town and make en- largements thereof, and said sewers to be owned and controlled by said town.
 Section 9. That sealed proposals will be received by said council for the purchase of said bonds on Mon- day, the 16th day of April, A. D. 1917, at the hour of 8 o'clock P. M. at the council chambers in the town hall of said town and that at said time and place a meeting of said council be held, at which said council will open all sealed proposals received by them and award the purchase of said bonds to the highest and best responsible bidder. All bids or pro- posals received for the purchase of said bonds, must be accompanied by an unconditional certified check drawn on National Bank in the sum of 5000, payable to the town treasurer of said town, which certified check so deposited by the successful bidder shall be retained by said council and be forfeited in the event the bidder shall not carry out the terms of the contract for the purchase of said bonds. Said bonds shall be ready for delivery on the day, date and hour of said sale and all bids must be uncondi- tional and the bidder be prepared to complete the payment of said bonds upon the day of the delivery thereof. The said council, however, reserves the right to reject any and all bids.
 Section 8. That this ordinance and order shall be published for at least four consecutive weeks, to-wit: five consecutive weekly issues before the date of the said sale, in "The Coco nino Sum-" the official newspaper of said town, and shall have as the cap ton therefor the following:
 Notice and order for the issue and sale of $60,000 sewer bonds of the town of Flagstaff, Arizona. Section 4. That inasmuch as it is necessary for the immediate preser- vation of the public peace, health and safety that the said town obtain a sufficient sewer system at the earliest time possible, an emergency is here by declared to exist, and this trd . nance and order shall therefore be in full force and effect immediately upon its passage, approval and posting.
 Passed by the Common Council the 18th day of March, A. D. 1917.
 Approved by the Mayor the 18th day of March, A. D. 1917. S. L. FINLEY,
 Mayor of the town of Flagstaff Coconino County, Arizona.
 (SeaD
 Attest:
 ALEX. A. JOHNSTON,
 Clerk, Town of Flagstaff, Coconino County, Arizona.
 March 16--April 13.
 Flagstaff, Arizona, March 12, 1911