The Denison review. [volume] (Denison, Iowa) 1867-current, 1920-01-21

mate of the amount of work to be done
Paving $4,000 square yards, curb anc
gutter 69254 lineal feet, header--------
lineal feet, excess grading $4,000 cubic
yards. F
All cost of making the improvement
herein referred to Except the cost in
front of the property owned by the city
of Denison or by the United States and
the cost of excess grading) shall be
assessed against all lots and parcels OF
land according to area and benefits so
as to include One-half of the privately
owned property between the street i'm.
provement and the next street, Whetl1.
er such privately owned property abut
upon said street or not, but in no case
shall privately owned property situated
more than 800 feet from the street SO
improved be so assessed, according to
the special benefits conferred upon said
property thereby, and in accordance
with the laws governing the same; but
said assessment shall not exceed % per
cent of the actual value Of any lot or
parcel Of ground at the time of levy,
as may be deemed equitable and author
lied by said laws and paid out of the
money collected from such assessments
or in bonds or certificates bearing 8
per cent interest issued in the anticlpa-
ton of the collection thereof to be paid
out Of such assessment.
The cost and expense Of said street
improvement over and above that
assessed to AUDITING property and one
half of privately owned property be-
tween the street improved and the next
street and one-half Of the cost and ex-
pense of the same at spaces opposite
property owned by the city of Denison
and any section where the special
assessment may be levied against any
lot or tract of land, shall be insufficient
to pay the cost. of Improvement, shall
be paid from the Improvement fund,
grading fund or paving fund to be
raised by means of a special levy on all
property in the city OF Denison and to
be made to extend over period of ten
years, said levy to be in accordance
with section $50 of the code of Iowa,
and acts subsequent thereto as by law
provided, or portion may be paid out
of any funds available according to the
laws and when the said street improve
ment or any special section thereof has
been completed and accepted by the
council said levy may be made and
bonds drawing not to, exceed six (6) per
cent interest issued against same and
said bonds, to the amount which un-
der the contract he is to receive from
the street Improvement, paving or grad
ing fund, transferred to the contractor
of the city may at it's option negotiate
said bonds and make payment to the.
contractor in cash and they shall have
q reasonable time to do so.
The removal Of earth and other ma
terials, other than such as lies between.
the sub-curb and established grade,
shall on completion of such and accept
ance of the same by the city be paid by
warrants on the grading fund. /
The contractor shall look exclusively
to funds stated in the contract for pay
ment for said street Improvement and
the city of Denison will not make itself
liable for the payment Of
the cost of any part of said improve.
ment and will not incur any indebted
ness for the same except in the manner
aforesaid
All proposals must be in sealed en-.
velopes and be accompanied by a certi-
fed check on a Responsible Denison, i
Iowa, bank in a.separate envelope pay
able to the order of the city treasurer
'or the amount of one Thousand dollars
Is security, that the bidder whose pro.
oosal is accepted will enter into con.
,ract for the doing of the, work and will.
give. the bond E feretnaft u specified
which sum will be forfeited and become
he property of the city of Denison,
Iowa, in case of failure to enter Into a
contract and give said bond. q. ls4ss
u Said street ID improvement shall " be