Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1919-07-14

Code Of Iowa and acts amendatory
thereto.
Tho contractor shall look exclusively
to the funds stated in the contract fory
the payment Of said improvements, and
the city Of Marshalltown, Iowa, will
not make itself pecuniarily liable for
the payment Of the cost or any part OF
the same. and will not incur any in
debtedness therefor, and in the event
that any such cost or expense shall be
required toNbe paid on the said i'm
provements further, It Is to be raised
by means Of q 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 as
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
ifications above referred to, and shall
provide for the completion Of said con-
tract. and the maintenance and keep
Ing in repair of said paving for the Pc
Rod Of one year; the contractor to
furnish a good and sufficient bond as
guaranty therefor in the sum of 50 per
cent of the contract price. to be ap-
proved by tho mayor and city council
Of said city.
Notice is further given that said bids
will be acted upon by the mayor and
city council at meeting to be held in
the council chambers in the city of
Marshalltown. Iowa, on the 29th day
Of July, 1919, at 800 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 g. certified check, in a separ-
ate envelope, in the sum of 100000,
payable to the order Of the city trea-
surer Of the city Of Marshalltown,
Iowa, as a guaranty that the bidder
will enter into a formal contract for
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 Marshalltown,
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 6 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 in seven
equal annual installments, upon the
signing by property owners whose
property IL assessed for any part Of
the cost Of said improvements, of a
waiver Of all objections to the levy and
all formal proceedings.
Notice IL further given that reso-
luton ordering said Improvements and
the specifications for the same are
now on file in the office Of the city
clerk Of said city, and will 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 the specifications for said street i'm
provementS, and shall be in accordance
with the resolution ordering said Inn
provements.
All bids will be publicly opened and
the mayor and city council will act
thereon at their meeting on the goth
day Of July, 1919. at the hour Of 8
O'clock Q. M. unless action shall be de-
forred until some later time, and the
contract will ba let In the name Of the
city ofsMarshalltown. Iowa, to the low
eat bidder. but the mayor and city
council reserve tho right 70 reject al
ktds and order new ones.
Dated this 18th day Of July. 1919. o.
AZ. ROsengren, city clerk Of the city Of
Nar1halitoyp, love.