Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1920-06-01
COMMISSIONERS PROCEEDINGS

ponners Ferry, Idaho, May 10,
,o5nMMeeting called to order by
~ ~ chairman, at 10 o'clock a. m.
n e James A. WEIGH, chairman,
+ q Chambers, commissioner, G. S.
rr.1I;rs' commissioner, j. B. Brody,
IJ,rl If the district court, ~ex-officio
ciei recorder and clerk of the
Sosrd of county commissioners.
% s75.oOO.OO Boundary County Road
and Bridge Bonds.
RESOLUTION
RESOLUTION PROVIDING
r6p THE EXECUTION, ISSUANCE
I'm DELIVERY OF THIRTY
AaISvE THOUSAND DOLLARS $685.
nndoool OF THE SEVENTY-FIVE
TTT0TTsAND DOLLARS ($75, 00O.0O)
pnAD AND BRIDGE BONDS OF
po11NDARY COUNTY, IDAHO,
For THE PURPOSE OF ACQUIR-
Nc FUNDS WITH WHICH TO
roNSTRUCT, BUILD, AND RE-
PAIR ROADS AND BRIDGES
WITHIN SAID COUNTY, PRE-
sSrlPIBING THE FORM OF SAID
P0NDS. THE NUMBER AND DE-
ELIMINATION THEREOF; PRO
WING THE DATE THEREOF.
THE DATE WHEN DUE AND
WHEN REDEEMABLE; PROVID-
ING THAT THE INTEREST
THEREON SHALL BE EVIDENCED
BY SEMI-ANNUAL INTEREST
COUPONS TO BE ATTACHED
THERETO; PROVIDING THE FORM
OF SUCH INTEREST COUPONS;
PROVIDING FOR THE LEVY OF A
DIRECT ANNUAL TAX UPON ALL
Of THE TAXABLE PROPERTY
IN SAID COUNTY IN ADDITION
10 OTHER AUTHORIZED TAXES,
SUFFICIENT TO PAY THE IN
TEREST ON SAID BONDS
PROMPTLY WHEN THE SAME
FALL DUE; AND PROVIDING
FOR THE LEVY OF A SUFFIC-
TENT ADDITIONAL TAX TO PAY
THE PRINCIPAL OF SAID BONDS
AS THEY RESPECTIVELY BE-
COME DUE; FIXING THE OTHER
DETAILS OF SAID BOND ISSUE;
PROVIDING FOR GIVING NOTICE
OF INTENTION TO ISSUE, NEGO-
TATE, AND SELL SAID BONDS,
PROVIDING THE FORM OF SAID
NOTICE; FIXING THE DATE OF
OPENING AND CONSIDERING
BIDS THEREFOR; AND PROVID-
ING FOR THE EXECUTION OF
SAID BONDS BY THE PROPER
AUTHORITIES OF THE COUNTY.
AND FOR THE ISSUANCE AND
DELIVERY THEREOF TO THE
PERSON OFFERING TO TAKE
THE SAME UPON THE BEST
TTDMC AMI ATT TIyE TntxTnCn
RATE OF INTEREST.
WHEREAS, the issuance OF bonds
Of Boundary County Idaho, in aggre-
gate amount of Seventy-five thou
sand ($75,0O0.OO) dollars, for the
purpose Of acquiring funds for the
construction, building, and repair of
roads and bridges in said county, was
duly authorized by a vote of more
than %two-thirds of the qualified elect
ors, OF said county, voting at an cleo
ton held for that purpose in the
several precincts of Boundary county,
on July 31st, 1917, and Il
WHEREAS, Forty thousand (S4O,-
OOO) dollars of said Seventy-five
thousand ($75,000.00) dollars bond
issue has been heretofore issued, ne
gotiated and sold and there is now
remaining and authorized to be is
sued, Thirtv-five thousand $685.
OOOOO) dollars of said Seventy-five
thousand ($75,O00.00)) dollar bond is
sue, and,
WHEREAS, the interests of Bound
airy County, in the State of Idaho,
require it, and the Board of County
commissioners of said County deem
IT Tor the public good to, at the pres
ent time, issue, negotiate and sell
shrty-tlve thousand ($35,000.00) dol
lars of the aggregate amount of
Seventy-five thousand (S75, 900. OO)
dollars Road and Bridge Bonds so
authorized to be issued, for the pur-
pose OF acquiring funds for the con-
Sst9cton and repair of roads and
bridges in said county,:
NOW. THEREFORE, BE 1T RE-
SS0o1LvED BY THE BOARD OF
pDOO I COMMISSIONERS OF
BOUNDARY COUNTY:
SECTION 1.
! ina, IN the opinion of said Board,
D IS Tor the best interests of said
IIS11nndary County, in the State of
tfTaho' and for the public good to-, at
s III present time, issue, negotiate and
Sen l~hlrty-five thousand ($35, 000.00)
uOlars, the balance of the aggregate
aa aHg 7 Of Seventy-five thousand
Slo,OOO.0O) dollars Road and Bridge
nonds authorized to be issued, for
t ae purpose of acquiring funds for
sne construction and repair of roads
@n Sr bridges in said county.
SECTION 2.
r. mat, for the purpose of acquiring
nue. ~e necessary funds with which Go
ras !or the construction, building and
arp arpalf Of roads and bridges in Bound
arsg county, Idaho, there shall be
rao hereby are authorized and di-
sTSieq 20 be executed and issued ne
6ouapie coupon bonds of Boundary
s sUunty' IN the State of Idaho, to an
sunOunt aggregating the principal
0On on o. Thirty-five thousand (S55,-
fO UU'Vpl dollars to be used exclusively
mo 'ne purpose of constructing, build
VIII repairing road and bridges
"i Sai1 said County.
de Sald bonds shall be known and
FPeesalgnated as Boundary County
be Th z Bridge Bonds; they shall
be,eadI lrEy five 1851 in number, num-
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