Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1918-05-17
ORDINANCE NO. M.

An Ordinance authorizing and pro-
viding for the issuance, execution,
sale and delivery of special assess
ment sewerage Improvement Bonds
local sewerage improvement dis
trict No. /, of the city OF Montpel-
Ter, Bear Lake county, Idaho, In
the aggregate principal sum OF
$4,000, to provide funds for the
construction OF sewerage improve
ments in local sewerage improve
ment district No. in said city :.
amending sections and of Ordi-
nance No. ITO passed and APPROX
ed the 9Th day of December. A. D.,
1917; providing for the collection
or the special assessments for said
sewerage improvements heretofore
levied and assessed upon the real
estate In said sewerage improve
ment district, sufficient to pay the
interest accruing upon said bonds
promptly when and as the same
falls due, and also to discharge
the principal thereof at maturity;
providing for the foreclosure OF the
lien against, and the sale and pur-
chase of property in said improve
nent district upon which any OF
the special tax assessments hereto
fore levied shall have become de-
linquent; repeating all ordinances
or parts thereof in conflict here
with, and declaring an emergency.
Whereas, In full conformity with
the laws of the state of Idaho ana the
ordinances of the city OF Montpelier,
Local Sewerage Improvement Distrlct
No / OF said city was created by Or
dinanco No. 1853, passed and approx
ed the 18th day of October, A. D.,
1917, and thereafter duly published
October 18th, A. D., 1917, and
whereas, thereafter and on, to-
wit: the 9Th day OF November, A. D.,
1877. the assessment roll apportion-
ing the costs OF said sewerage Ina
provements and levying the proper
proportions of said cost upon each
piece of real estate In said sewerage
district was filed IN the ONCE OF the
City Clerk by the City Engineer and
the Committee ON Streets. and after
due notice, as required by law, the
said council met to hear protests
against said assessments and therea1-
ter by Ordinance No. 10, passed and
approved the 9Th day OF DECEMBER
A. D., 1917. the assessments SO con-
tanned in the assessment roll were
confirmed; and
Whereas, thereafter as required by
law, the city treasurer did give no.
tice by two successive publications IN
the 'sMontpelier Examiner" the first
publication being December IA, A. D.,
1917, and the last publication Dc
cember 81, A. D., 1917; that any as
sessment in said roll might be paid
without penalty. interests or costs at
any time within thirty days from the
publication of said notice as afore-
said; and
Whereas, more than fifty days have
expired since the first publication or
said notice of assessment as aforesaid.
S13,974.41 of said assessments has
been paid, and $50, 043.s8 of said as
sessments remains outstanding and
unpaid, which said sum is the total
cost OF said improvements remaining
unpaid.
Whereas, it Is provided in said Or
dinance No. ITO that for the purpose
of providing funds with which 10 pay
the costs OF eaid sewer improvements, |
the mayor and council of the city of
Montpelier may issue, in the name OF
said city, improvement bonds of said |
Local Improvement District No. 1 |
and
Whereas, the bonds hereinaboyel
and hereinafter mentioned have by /
the mayor and city council been duly |
awarded end sold to Keeler Brothers. |
Investment Bankers, with Offices st