The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1923-03-22

OF constructing the Improvements II
said Local Improvement District No
% was insufficient by the amount Of
$4,000 to pay the total cost for con
structing said improvements, and by
| said ordinance 1t was ordered that q
| supplemental assessment roll be pre-.
pared assessing property included
within said Local Improvement Dis
trict No. % for the additional sum
| Of $4,000, the said assessments to be
levied upon said property In the same
proportion and upon the same basis
as the original assessments were
levied upon said property, and
WHEREAS, Said supplemental as
sessment roll was duly prepared and
notice thereof having been given as
required by law, the said supple
mental assessment roll was therefore
approved and confirmed by Ordin-
ance No. 281 OF said City of Black
foot. passed and approved the
thirtieth day of January, A. D. 1928,
the said ordinance providing that
notice OF the time within which the
assessments levied in said supple
mental assessment roll might be paid
in cash without penalty, interest or
costs, and
WHEREAS, Said notice was given
In the form and manner provided by
law and said ordinance, and within
the time provided for cash payments, |
no payments of the amounts due on
the assessments levied by said sup
Elemental assessment roll we're paid
in cash, and there now remains out
q q Yd{nO a q
levied on all of the property included
within said Local improvement Dis
trict No. % by the original and sup
Elemental assessment rolls in the
.otal sum of Sill, 1924.
WHEREAS, 1t has been and is
hereby ascertained and determined
~ this council that it is not only adj
'isable and to the best interest of the
aid city, but also necessary that .
Ocal improvement bonds in the ag-
,regate principal sum of Sill, 100000 s
earring interest at the rate of seven 6
er centum (7T) per annum, pay
BILE semi-annually, be issued and
old to provide funds for the pay s
lent of the costs and expenses of
ne improvements in said Local I'm
rovement District No. %, and that T
lie proceeds be paid to the con-
actor for such improvements; and
WHEREAS, Said Local Improve F
ent bonds have been heretofore f
and executed by the proper a
'fcials Of the City of Blackfoot in v
lie form hereinafter set out and to %
10 total amount of $145, 100000, 81
of two hundred and ninety fl
300 bonds, numbered from 1 to il
70, both numbers inclusive, of the h
of $500 each, the said {
ficers contemplating that this al
Mount Of bonds would be necessary OF
pay the cost of constructing the tt
provements in said Local Improve al
snt District No. 23, and re
WHEREAS, the City Council of at
ID city has determined that it will d,
most convenient and to the best an
erests Of said city to use certain of m
, bonds so executed, in the total Vi
cunt of Sill, 100000 and bearing eq
mbers as hereinafter provided, VIZ
! to cancel and destroy the bonds tn
executed in excess of the total Id
cunt of $111, 100000, being the CO
Ids numbered as hereinafter pro- Ne
ed; and tn
The local improve me
ut bonds hereinabove and herein pa
or mentioned by this council have tn
n duly awarded and sold to me
sler Brothers, Investment Bank an
with Offices at Denver, Colo,
} were and are the highest and thu
bidders Therefor, at a price ex- the
ling the par value of said bonds; pei
OIL
WHEREAS, Each and all of the an
ceedings had in creating Local tri
District No. 90, and in vir
making of the assessment for the an
of the construction of the inn sti
vements therein, have been and 10.
regular and in due form of law, Law
,rding to the statutes of the State the
IDAHO;
OW, THEREFORE,, In considera- ant
of the premises, ant
E 1T ORDAINED BY THE cit.
YOR AND COUNCIL OF THE ant
Y OF BLACKFOOT, BINGHAM ing
JNTY, IDAHO: vir1
ection 1. That it be and is hereby the
rtained, determined, and de- alw
ed that each and all of the pro-
in pc had oud Talon IN tho maxi