Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1922-01-06

hall be payable one year after the
irst installment becomes payable,
nd shall become delinquent one
year after the first installment be-
ONES delinquent; the third install
nent shall be payable one year after
he second installment becomes pay
able. and shall become delinquent
one year after the second installment
becomes delinquent; the fourth in
stallment shall be payable one year
after the third installment becomes
payable, and shall become delinquent
one wear after the third installment
becomes delinquent; the fifth in
stallment shall be payable one year
after the fourth installment becomes
payable, and shall become delinG uent
one year after the fourth installment
becomes delinquent; the sixth in
stallment shall be payable one year
after the fifth installment becomes
payable, and shall become delinquent
one year after the fifth installment
becomes delinquent the seventh in
stallment shall become payable one
year after the sixth installment be-
comes payable, and shall become de-
linduent one year after the sixth in
stallment becomes delinquent; the
eighth installment shall become pay
able one year after the seventh in
stallment becomes payable, and de-
Iinquent one year after the 18th In
stallment becomes delinquent; the
ninth installment shall become pay
able one year after the eighth in
stallment becomes payable, and de-
linuuent one year after the eighth
installment becomes delinquent; the
tenth installment shall become pay
able one year after the ninth INSTALL
ment shall become payable and hall
become delinquent one year after the
ninth installment becomes delin-
quent.
Each installment shall bear INTER
est at the rate of six CO. per centum
ner annum, payable annually. from
the first day of January. 1922. until
late of delinquency of each respect
i've installment. and after delinquen-
cy all installments shall bear inter-
est and penalty as by law provided.
Provided, that any owner of any
property liable for any special assess
ment hereunder may redeem his
property from such liability by pay
ing the entire assessment chargeable
against his said property before the
issuance of the bonds (Which shall
be issued on the first day of March,
1920, and after the issuance of the
bonds by paying all levied install
ments, and all unlevied installments
with interest on the latter at the
rate provided in said bonds, from
the date of issuance hereinbefore
fixed, to the time of maturity of the
last installment; amounts so paid
must be paid to the Village Clerk,
who shall give proper receipt there
for and apply the same solely to the
payment of said improvements or
the redemption Of the bonds issued
therefor; and place the same in
Special Assessment for improvement
Fund" which is hereby created.
Section 2. That Section S Of
Resolution No. of Local Improve
ment District No. be amended to
read as follows:
Section 5. That the Village
Clerk of said Village be and he here
by is instructed to cause notice to be
published in three consecutive issues
of the Clearwater Republican, first
publication to be made on the 23rd
tlay of December 1920 that any
owner of any piece of property liable
for any special assessment hereunder
NAV redeem his property from such
liability. by paying the entire assess
ment chargeable against his property
before the issuance Of the bonds for
the said improvements; and after the
issuance of the bonds. by paying ali
the installments which have been
levied and also the amount Of the
unlevied installments. with interest
on the latter at the rate provided in
said bonds. from the issuance OF said
rate bonds to the time of the matur.
ity of the last installment; that ali
the payments so made must be madA
to the Village Clerk; that the time
for payment shall begin on the It'll
day Of January. 1922. and the RICH,
TO make payment without interest
shall end and close on the 21st da,
OF January 1922, at o'clock D. m
and such notice shall contain such
other matters and things as required
by law:
Section 3. That the Clerk OF tn,
Village be directed to publish thes,
Resolutions in the Clearwater Re.
publican. as required by law.
Ia. 4