Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1918-05-17

Denver, Colorado, who were and are
the highest and best bidders there
for, at a price exceeding the par val
ue of said bonds; and
Whereas, all of the proceedings
had and taken in the creation of said
Local Sewerage Improvement Dis
trict No. /, and in the making and
levying of the special assessment for
the cost of the construction of the
sewerage improvements therein, have
been and are regular and in due
of the state of Idaho and the ordi-
nances of said city;
Now. Therefore, BY reason OF the
premises,
y Be 1t ordained by the mayor and
council of the city of Montpelier,
Bear Lake County, Idaho:
Section /. That 1t be and is here
by ascertained. determined and de-
clared, that each and all of the pro-
ceedings had and taken in the max
ing of the assessment for the cost of
the creation and organization of Lo-
cal Sewerage Improvement District
No. Land the construction of sewer
improvements therein, have been and
are in all respects regular and in due
form of law, according to the consti-
tuition and statutes of the state of
Idaho and the ordinances OF said
city: and that the assessment of the
property in said Local Sewerage I'M
provement District No. l, and the
amount thereof, as shown by the as
sessment roll, confirmed and approv-
ed by Ordinance No. ITO, is correct
and in accordance with the constitu-
tien and statutes of said state and
the ordinances of said city. and is the
amount OF the total cost of said i'm
provement: and that the amount of
said assessment so assessed upon any
land. lots. or pieces or parcels of land
within said local Improvement dis
trct, and subject to assessment for
the cost and expense thereof. shall
be and is hereby declared a lien upon
said lands, lots, pieces or parcels OF
land. and shall and does take prec-
edence OF all other liens and shall be
collected together with interest on
unpaid installments at the rate of
six (6) per centum per annum, and
may be foreclosed in accordance with
the provisions of the statutes and
ordinances in such case made and
provided.
Section Q. That section of Or
dinance No. ITO, passed and approved
the 9Th day OF December, A. D., 1917
BIO and the same is hereby amended
TO read as 1oIloWHs Section 8. That
the mayor and city council of said
city of Montpelier may issue in the
M me of said city Improvement bonds
of Local Sewerage Improvement Dis.
trict No. l which bonds shall be ies-
ignated Special Assessment Sewerage
Bonds. Local Sewerage
District No. l. which
shall include all the property liable
to assessment within the boundary
lines of said Improvement District
but none OF said bonds shall be issu-
ed prior to the expiration of twenty
t20) DAYS after the period of time
for payment of said assessments with
out interest. penalty, or costs has ex-
PRED. After the expiration of said
twenty l20) days said bonds shall be
issued for the total principal sum
equaling the amount of said assess
ment remaining unpaid at the time !
Of issuance. Said bonds shall be sold
by The mayor and council at not less
han their par value net. and the /
thereof shall be used exclu- !
siveiy in the payment of the costs of |
said sewer improvements. Said bonds /
shall be of the denomination of $500 /
Zach, except the last which may be /
n any sum less than $1,000. TheyI
shall be numbered from / upward /
shall bear date OF Feb l
'nary l. A. D.. 1918, and shall be-