The daily Gate City and constitution-Democrat. (Keokuk, Iowa) 1916-1922, 1917-03-20

So much Of the cost Of the con.
struction of the said improvement as
is by law assessable against AUDITING
and adjacent property to be assessed
against tho privately owned property
abutting on and adjacent to said I'm
provement, according to area, SO az
to include one-half (11) Of the PR.
vately owned property between the
alleys so improved and the next
street, whether such privately owned
property abut upon said alleys or not
but In no case shall privately owned
property situated more than one hun
dred nifty (15O fest from the alleys
50 improved be so assessed In ac
cordance with the law governing the
same. and payment to the amount Of
such assessment for such work will
be made in assessment certificates,
bearing interest at the rate Of nix
per cent. per annum, issued in &C
cordance with law. In case Of any
deficiency between the contract price
and tho amount Of such certificates,
such deficiency win be paid In VA.
rants drawn on the City Improve
ment Fund available for the fiscal
year beginning April 1, 1917. payable
out Of the proceeds Of the tax levied
therefor, and from no other source,
the city to incur no liability other
than the duty to levy the said tax
and 70 properly apply the proceeds
thereof, to making the special assess
ment abovo referred to and issuing
assessment certificates to the con
tractor therefor. The warrants here
In provided for, to be drawn as soon
as the proceeds of said tax are
available. Said assessment certln'
Gates and warrants, If such warrants
be issued, shall be accepted By inc
contractor in full payment for Gil
work done under his contract VIE
out recourse on the City OF Keokuk
Each bid must be accompanies
with a certified check. IN a separate
envelope, said check to be drawn On
some known responsible bank, anu
made payable to the order OF .ne
City Treasurer OF the City OF kee
kuk, in the sum Of One Hundred
($1OO) Dollars for each alley. Eacn
envelope must be addressed to tne
City OF Keokuk and endorsed Win
the name OF the bidder and the I'M
provement such check and proposa
are for. Certified checks ACCOMPANY!
ing proposals will be returned 10 tns
unsuccessful bidders when the COZ
tract has been awarded. and also 70
the bidder to whom the contract
awarded when he shall have enterea
into contract for the constructor
said Improvement with the CITY
Keokuk and g'yen bond In the s.m
OF Five Hundred ($500) Dollars Tue
each alley, with sureties to % ~
proved by the City Council OF .N
CITY Of Keokuk, for the faithful pa
formance of hts contract. The CIV
tract viii contain a provision lns
the contractor shall guarantee I
Improvement to remain IN goou
pair for the period Of two years IT,
and after the date OF its accepsn.s
by the City Council. ana inc "
will contain q Hike condiuon. hall
In case the successful oidoe. -,
fail to enter into contract VIII M..;cn
CITY OF Keokuk for the construsuI
az said tmprovemtnt or furnish -
A herein required. and as feounI
~ iav the certified check depos.
nv MIN with his bid shall % ~
Ssst.A to the City Of KeokuA
.rreed and liquidated damages. .,v
~sght "a reserved to reject A'
and all bids. ill Ne
The proposals received -cg q
acted upon by the City oos sns asy
the City Of Keokuk on the "'
Of April. 1917. - the CITY
Council OF the City of keoS Nnc
eouA' y q. W. SANDBERs.
City Clerk of Said e's