Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-07-15

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code Of Iowa. to the extent that tho
cost Of the same II assessahle by law
against the real property abutting upon
said improvements, and such other
property according to area, SO a. to In
ciuds one-half OF tho privately owned
property between the streets or al
leys % TO be improved and tho NEXT
street whether such property private
~ owned Adults upon such Gtrest or
alley or not, but In no case shah pri-
vataly owned property situated more
than 800 .fsse from the strest to be 20
Improved. be aassssed, for any part Of
the cost thereof: and the expense OF
tho PAVING between the rails and one
foot on either side Of the street rail-
way track. ca North Fourth avanua.
shah be paid BY ~ street failway
company. Tor that portion traysrsed by
said street railway: and the assess-
ments for said improvements shall be
in proportion to the special BENEFITS
conferred upon tho aforementioned
properties. and In accordance with tho
laws governing tho same. and such
certificates or Improvement bonds shall
be issued ana delivered to the con-
tractor after the work is completed and
fully accepted by the mayor and city
council; any deficiency between tho
amount of the contract price and tho
amount of said certificates, and also
the cost Of Intersections where the
ing or adjacent property within 300
% 40 fvnv e. nhAn ~
paid In warrants drawn ON the Inn
provement fund Of said city. available
for the fiscal year beginning April ],
1920. and any additional deficiency to
be paid from the proceeds Of . special
tax levy under the provisions OF Sec
ton $40 OF the Code Of Iowa, and acts
amendatory thereto; In anticipation OF
which revenue bonds win be issued UNI
der the provisions Of Section Oh Of the
Code Of Iowa and acts amendatory
thereto.
Tho contractor shan look exclusively
to the funds stated in the contract Tor
the payment Of said improvements, and
the city Of Marshalltown, Iowa, win
not make itself pecuniarily Liable for
the payment OF the cost or any part OF
the same, and win not incur any In
debtedness therefor, and In the event
that any such cost or expense shall be
required to be paid on the said Inn
provements further, It Is to be raised
by means Of a special levy on all the
property within the city OF MARSHALL
town. Iowa: said levy may be made to
extend over a period Of ten years az
provided by law.
Notice is further given that the con-
tract between the city Of Marshall
town, Iowa, and the contractor, shall
be in accordance with plans and spec
tf.cattcns above referred to. and shall
provide for the completion Of said COM
tract, and the maintenance and keep
ing In repair Of said paving for the Pc
Rod OF one year; the contractor to
furnish good and sufficient bond as
guaranty therefor in the sum OF 50 per
cent Of the contract price, to be APP
proved by tho mayor and city council
Of said city.
Notice II further given that said bids
will be acted upon by the mayor and
city council at a meeting to be held in
the council chambers in the city OF
Marshalltown, Iowa, on the 18th day
Of July. 1919, at 300 o'clock a. M, and
that all bids are required to be made
on written forms furnished by the city
clerk, and all bids must be accompa-
MED by certified check. in separ-
ate envelope, in the sum OF 100000.
payable to the order OF the city trea-
surer Of the city Of Marshalltown.
Iowa, as guaranty that the bidder
win enter into q formal contract Tor
the doing Of the work as provided BY
the bid and the acceptance thereof.
and the check so furnished by the sue
cessful bidder shall be held and re-
tanned By the city, Of Marehalltown.
Iowa, until such contract is fully ex-
ecuted, and all checks Of unsuccessful
bidders shall be returned.
All assessment certificates and street
Improvement bonds shall draw 8 per
cent interest per .annum on all defer
red payments from the date Of accept
ance, and the option shall be given the
owners Of the property to be assessed,
to have the same payable IA seven
equal annual installments, upon the
signing by property owners whose
property is assessed for any part OF
the cost Of said improvements, Of q
waiver Of all objections to the levy and
all formal proceedings.
Notice Is further given that q reso-
luton ordering said improvements ana
the specifications for the same are
NOW On Ills III lie, .pfffit;s, of line city
clerk Of said city, and win be avail
able for the inspection Of any person
desiring to make bids upon the pro-
posed work, and that the contract to
be entered into will be In the usual
form and will embody the requirements
of tho specifications for said street Inn
| provements, and shall be In accordance
with the resolution ordering said inns
provements.
| All bids win be publicly opened and
the mayor and city council will act
thereon at their meeting on the 3Sth
day Of July, 1919. AZ. the hour Of ?
o'clock .. m. unless action shall be de-
sszrsa s:ctsl some later Time and the
contract win be let In the name Of the
city Of NArshalltown, Iowa, to the lows
eat bidder, but the mayor and city
council reserve the right to reject AL
haAs erA c:sSscc::. ::s-.' q. ilss J.
Dated this 18th day u July. 1915. q.
4. Rossngren,j city clerk q the city q
i. 1aEshallteEA lava. +