Cottonwood chronicle. [volume] (Cottonwood, Idaho) 1917-current, 1918-08-23
Ordinance No. 100
continued from page II

Section 4. That it is the intention
to pay for the cost of the improvement
of the space included in the street in
tersections and the space opposite the
alleys, by the village at large. That
it is the intention of the chairman and
board to issue negotiable local i'm
provement bonds of said Local I'm
provement District No. 2 to the per-
sons OF contractors making the said
improvements Except the portion to
be paid by the said village at large) J;
that such local improvement bonds
will be issued in anticipation of the
collection of installments of special as
sessments and will be issued as obliga-
tions of said local improvement dis
trict, by the village as agent for said
district, and the same shall not be a
charge or obligation against the vii
lage at large; that such local improve
ment bonds shall bear interest at the
rate Of not to exceed 7 per cent per
annum, from the date of issuance until
paid, and shall be payable annually
in ten equal annual installments; that
such bonds shall contain such recitals
as are authorized by law.
Section 5. That the total estimat-
ed cost Of such proposed improvement
is $75,00O.00.
Section 6. That for the conven-
fence in making such special assess
ments and ascertaining the benefit
received by the several tracts of land,
it is the intention of the chairman and
board to apportion the assessments up,
on the lots and parcels Of land imme-
diately abutting the streets and por-
tions thereof to be improved, by front
age, but in making such assessments
upon lots and parcels Of land included
in such improvement district, and es-
pecially upon tributary lots, and in
all cases where the portion of frontage
is ineguitable or unfair, the chairman
and board will apportion such ASSESS
ment in such manner, under all of the
circumstances of each particular case,
as may be fair, just and equitable, and
will apportion such assessments in &C
cordance with the benefits received.
Section Z. That the chairman and
board will meet in the council cham
Der in the Simon Bros. building in
the Village of Cottonwood, in Idaho
County, State of Idaho, at ten o'clock
A. M. upon the 4th day'of Sept. 1918,
for the purpose of receiving, consider
ing and acting upon objections, pro-
tests and remonstrances, to the Great
ing Of such local improvement dis
trict and the making of such proposed
improvements, and that the chairman
and board will remain in session as
long as may be necessary to complete
the business Of such meeting, and will
adjourn from time to time and from
day to day until the business Of such
meeting is fully determined and trans
acted.
Section 8. That the village clerk
be and he hereby is directed to pub
lish this ordinance in the Cottonwood
Chronicle, which is the official news
paper for said village of Cottonwood,
in at least two consecutive issues of
said newspaper, and an affidavit of
such publication shall be filed before
the time herein fixed for filing pro-
tests.
Section 8. That in the creation of
such local improvement district, and
in the making of such proposed i'm
provements and the levying of assess
ments therefor, it is the intention of
the chairman and the board to pro-
coed in accordance with the Revised
Codes Of the State of Idaho, and es-
pecially with Chapter 81 of the Laws
Of Idaho, 1915, as amended by chap
ter % of the Laws of Idaho of 1917.
Passed by the Board of Trustees of
the Village of Cottonwood, and ap-
proved by the chairman of said board,
this 21st day of August, 1918.
j. V. Baker, Chairman.
A ftasf. M NJ Rnlknan IT, Cgo-I