Arizona republican., 1919-08-15

The first coupons shall be for the period intervening between the issu- ance of said bond and the date of Jan uary l, 1919. The remaining coupons shall be for the full period of six months.
 Sec. 2. That it is hereby ordered that said bonds be sold to the highest and best responsible bidder by the said city commission of the said city of Phoenix on the 17th day Of September, 1919. at the hour of 10:o0 o'clock a. m of said day, upon sealed proposals to be received by said commission on or before the hour and day set for said sale. All bids or proposals received for the purchase of said bonds shall be accompanied by a certified check for a sum not less than five (5) per cent of the total amount of said bid, and said city commission shall have the right to reject any and all bids, and all such certified cheeks accompanying bids and which are not accepted and are re- jected shall be returned to the parties rendering the same. The certified check so deposited by the successful bidder shall be retained by said city commission and shall be forfeited in the event that such bidder shall not purchase said bonds at the price named by him in his said bid; provided. that said bonds shall not be sold for less than par with accrued interest
 1t is further ordered that a copy of this order and of this ordinance shall be published for at least four consecutive weeks before said date set for said sale in the Arizona Republican and the Arizona Gazette, daily news papers published within the said city of Phoenix. state of Arizona, together with a notice signed by the city clerk that sealed proposals will be received by said city commission of said city of Phoenix for the purchase of said bonds on or before the day and hour named in said order and as provided therein.
 Sec. 3. WHEREAS. there is an urgent necessity that the water works system to be puchased constructed and installed from the proceeds of the bonds hereinbefore mentioned shall be purchased, constructed and installed at the earliest possible moment, and
 WHEREAS the immediate preserva- ton of the public peace, health, welfare and safety of the city demands that this ordinance shall take effect imme- diatsly.
 NOW, THEREFORE, an emergency is hereby declared to exist and this ordinance is hereby declared to be ex- enpt from the referendum provisions of the city charter. and this ordinance shall take effect and become operative from and after it's passage and ap- proyal by the mayor.
 Passed by the commission of the city of Phoenix, this 11th day of August. 1919.
 Approved this 1lth day Of August. 1919.
 c. W. BARNETT.
 Mayor.
 FRANK THOMAS.
 City Clerk.
 NOTICE
 Under and by virtue of the order of 1 the city commission of the city of Phoenix, as contained and set forth in the foregoing Ordinance No. 2e2. mo- tice is hereby given that sealed pro- l posals will be received by said city commission at the office of the under signed in the City Hall, in the city of Phoenix, state of Arizona on or before | the hour of 10 o'clock a. m., of the 17th fday of September, 1919, for the pur- chase of the issue of S1,300, ,000.00 of 5 per cent bonds of the city of Phoenix mentioned and described in said ordi- ! nance.
 | That. as in said ordinance provided, all bids or proposals for the purchase of said bonds shall be accompanied by a certified check for sum not less than five per cent of the total amount 1 of such bids. Said city commission shall have the right to reject any and l all bids and all such certified checks accompanying bids which are not ac- cepted and which are rejected shall be