Mountain Home Republican. [volume] (Mountain Home, Idaho) 1915-1946, 1923-11-23
ORDINANCE No. 225

!. TRUSTEES OF The VILLAGE Of
i MOUNTAIN, HOME. IDAHO, THAT
Z ORDINANCE NUMBER 223 OF THE
! VILLAGE OF MOUNTAIN HOME
I IDAHO, BE, AND THE SAME is
Z HEREBY AMENDED TO READ AS
! FOLLOWS:
AN ORDINANCE CONFIRMING
: THE CREATION OF LOCAL SEWER
, AGE IMPROVEMENT DISTRICT No
v FIVE IN THE VILLAGE OF
t MOUNTAIN HOME, IDAHO, AS Els
l., TABLISHED PURSUANT TO ORDI-
q NANCE NUMBER 217, ADOPTED
AND APPROVED THE NINTH DAY
r OF OCTOBER, A. d. 1922, AND THE
CONSTRUCTION THEREIN OF LAT
BRAL SEWERS, TOGETHER WITH
OTHER IMPROVEMENTS IN CON
: NECTION HEREWITH; APPROX
. ING THE ASSESSMENT ROLL
MADE OUT ACCORDING TO THE
PROVISIONS OF SAID ORDINANCE
} No. PIT, AND FILED IN THE OF
FlCE OF THE CLERK ON THE 18th
DAY OF JULY, 1928, APPROVING
AND CONFIRMING ALL PROCEED
4 INGS HERETOFORE TAKEN IN
DETERMINING THE REGULARITY
AND CORRECTNESS OF SAID AS
A'A-h5AS-fA A4-N 40 II In ALL
i CORRECTED AND CONFIRMED BY
i THE BOARD OF TRUSTEES OF
SAID VILLAGE OF MOUNTAIN
HOME; PROVIDING FOR THE PAY
MENT OF THE COST AND Elk
PENSES OF SUCH IMPROVEMENTS
BY BONDS OF THE DISTRICT;
PROVIDING FOR THE ISSUE OF
SAID BONDS; ASSESSING A SHARE
OF THE COST OF THE CONSTRUC- /
TON AND ACQUISITION OF SUCH
LATERAL SEWER AGAINST THE
LOTS AND PARCELS OF LAND IN !
CLUDED WITHIN SAID LOCAL
SEWERAGE IMPROVEMENT DIS |
TRICT NUMBER FIVE; AND PRE-
SORIBING THE MANNER FOR THE |
| COLLECTION AND PAYMENT OF |
SAID ASSESSMENTS.
SECTION 1. That all the pro-
ceedings, matters and things here
tofore taken, had and done in con-
nection with the establishment of
said Local Sewerage Improvement
District Number Five in the Village
of Mountain Home, Idaho, the con-
structiOn of the improvements there
in, and the lateral sewers to be used
in connection Herewith, the appor-
tiOnment of the cost of said improve
ments and the acquiring of such
works against the lots, blocks and
parcels of land in said district, all as
hereinbefOre recited, or otherwise
had and done, be and the same are
hereby in all respects fully ap-
proved, ratified and confirmed, and
the regularity, validity and correct
ness of said proceedings and said as
sessments to the amount thereof
levied and appOrtioned on and
against each lot or parcel of land,
are hereby in all respects established
and confirmed.
SECTION 2. That the payment
OF the costs and expenses of such
improvement in and for said local
Sewerage Improvement District E
Number Five, in the Village of
Mountain Home, consisting of a sew
erage system therein and the lateral
sewers to be used in connection
Herewith, shall be provided for by
bonds of the district which shall
include the property liable to assess
ment for the payment of the cost 8
and expense of such improvement,
according to Article of Chapter :
III of Title 80 of the Compiled Sta Il
-utes of 1919, and according to this
ordinance and all prior ordinances
Of the village passed for the purpose 9
If such improvement. q
SECTION 3. That there be issued =
n the name of the Village of Noun A
ain Home, Improvement Bonds of in
aid Local Sewerage improvement al
District Number Five in an amount m
lot exceeding the aggregate princi- er
)al amount of Six Thousand One fr
Four Dollars ($61O4OO), Ise
which bonds shall bear date of Oc- sc
ODER Is, 1928 A. D., and shall bear th
interest at the rate of seven per or
entum Cd per annum, payable al
emi-annually on the 18th day of he
april and October in each year, said in
interest to be evidenced by coupons of
ttached to said bonds, said bonds la
hall be numbered in regular and at
onsecutive order, commencing with eli
lumber one, shall be in denomina- N,
ions of five hundred dollars each, ex- tn
ept the last of the series which shall
e in the denomination of one hun ~,
red four dollars, ($1O4O0), and Of
aid bonds shall by their terms be sy
lade payable on or before ten years in
rom their date. Said bonds and the Sc
OupOns thereto attached shall be be
ayable at the Office of the Village HI
treasurer of the Village of Noun icl
ain Home, Idaho, or at the Chase tn
'ational Bank in the city of New an
ork, u S. A., at the option of the alb
older. Said bonds shall be signed lay
y the chairman of the Board of no
rustees and attested by the Clerk Of thu
he Village and cOuntersigned by ella
lie Village Treasurer, and shall have toy
fixed thereto the corporate seal of is
lie Village All coupons shall bear thu
lie engraved fac-simile signature of me
lie chairman of the Board of Trus- me
es, Village Clerk and Village Treas bu
rer of said Village, and when so me
secuted shall constitute the bind me
g obligation of said district for clip
id interest. Each bond shall refer ter
the improvement for the payment of
which the same shall be issued ed
Id shall provide that the principal exl
m therein named and the interest not
ereon shall be payable out of the to
)cal Improvement Fund created for or
e payment of the costs and ex- pos
,nses of such improvement and not of