Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1917-04-03

law governing the same and such cer-
tificates or Improvement bonds to be
issued and delivered to the contractor
after the work Is completed and fully
accepted by the mayor and city coun-
Gil. Any deficiency between the con-
tract price and the amount of said
certificates and also the cost Of inter
sections where the same are not as
sessable against abutting or adjacent
property within 300 feet OF said inn
provement to be paid In warrants
drawn on the improvement fund Of said
city available for the fiscal year be-
ginning April /. 1917, and any ad-
ditional deficiency to be paid from the
proceeds Of special tax levy under
the provisions Of Section $50 of the
Code of Iowa and Acts Amendatory
thereto, in anticipation Of which rev.
enue bonds will be issued under the
provisions OF Section 912 Of the Code
of Iowa and Acts Amendatory thereto.
The contractor shall look exclusively
10 the funds stated in the contract for
the payment Of said improvement. and
city Of Marahalltown will not render
itself pecunarily liable for the payment
OF the cost Of any part of the same,
and will not incur any Indebtedness
therefor and in the event that any
such cost or expense shall be required
to be paid from the said Improvement
fund to be raised by means Of spe-
cial levy on property within the city Of
Marshautown, Iowa, said levy may be
made to extend over a period of ten
years, - provided by law.
Notice 10 further given that, the con-
tract between the city Of MARSHALL
town, Iowa, and the contractor shall
be in accordance with the specifica-
lions above referred to and shall pro-
vide for the completion Of said con-
tract and the maintenance thereof and
keeping in repair OF said paving for
the period Of one year; the contractor
to, furnish good and sufficient bond
as a guaranty therefor In the sum of
80 per cent Of the contract price, to be
approved by the mayor and city coun-
Gil Of said city.
Notice 10 further given that said bids
will be acted upon by tho mayor and
city council At, its nesting to be held
in the council chamber in the city Of
Marshalltown, Iowa, on the sixteenth
day Of April, 1917, At the hour of
o'clock a. m, and all bids arc required
to be made on written forms furnished
by the city clerk, and all bids must be
accompanied by certified check In
separate envelope in the sum Of $1,000
payable to tho order Of the city treas
urer OF the city Of Marshalltown, Iowa,
as a guaranty that the bidder will en-
ter into formal contract for the do
ing Of the work as provided by the
bid and the acceptance thereof, and
the check 50 furnished by the success-
full bidder shall be held and retained
by the city OF Marshalltown, Iowa,
until such contract Ia fully executed,
and all checks Of unsuccessful bidders
shall be returned. ~
All assessment certificates and street
bonds shall draw per
cent interest per annum on all de-
ferred payments from the date Of as
sessment, and the option shall be given
the owners OF the property to be as
sessed to have the same payable in
seven equal annual installments, upon
the signing by the property owner
whose property is assessed for any
part Of the cost Of said Improvement.
of waiver Of all objections to the
levy and all former proceedings.
Notice Is further given that res
olution ordering said Improvement
and the specifications for the same
are now on file in the office OF the
city clerk in the city Of Marshalltown.
Iowa, and will be available for the In
spection Of any person or persons to
make bids upon the proposed work
and that the contract to be entered into
will be in the usual terms and will
embody the requirements Of the speci-
ications for said street improvements.
and shall be in accordance with the
resolution ordering said improvements.
All bids will be publicly opened and
the mayor and city council will act
thereon at their meeting on the six
teenth day Of April, 1917, unless ac-
ton shall be deferred until some time
later, and the contract will be let in
the name Of the city Of Marshaltown.
Iowa. to the lowest bidder, but the
mayor and city council reserves the
right to reject all bids and order now
ones.
Dated this second day of April, A. D.
1917.
III. WILSON.
City Clerk OF the City of MARSHALL
town, Iowa. n
Published in the Times Republican
Apvi1 opd 4 1917 8a