The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1926-02-10
2u Expect Your Offerings Today
80

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1 81 day of March. 1925. between tho hours
and said City Controller shall thereupon
award said bonds, or i he shall soc az, a.
der therefor. provided that said Control
shall have, the, right 70 postpone saln~
9YsSTd dan until later dsds not n beyond Ses
also that said City Controller shall have
the right TO reject any or all pids " pro.
and q award az 'S upon amy BID the Whole 9y
bid, excepting only that no bonds shall
be sold for less, than par and sccrued In,
f SrefR a have Sa1 the Fight n Ss iuasep
and discretion to award part OF .9alo
bonds TO one bidder and part 70 another.
Each and every bid or proposal shall be
so@e FesponsSe ba SSr of the City Of hd
tR the CITY TTeasurerp. for sum No Of money
equal TO two and one-half t2 N 20 per
sd for or PROPOSED pt to be and
in case any bid or proposal shall not be
excepted and there shall 5e no award OF
panying the came shall thereupon. be re-
turned to such bidder or bidders. y there
Of the bonds upon any bid or proposal
the certified. check accompanying the same
% %So BE deysea 70 the Sy
the same for payment and SHAH be entitled
TO collect the same and bold the proceeds
the ann and OF sse op sss
ton, the city shall retain said check and
shaii have Athe right 10 collect tne me same anne
ceeds thereof when collected shall be
taken and deemed as agreed and liquidated
damages for such breach Of contract. and
In case any successful bidder shall fail
to complete the purchase of bonds 80
awarded and to pay for the same within
which may be prescribed by the City Con.
t tSs the bS such b 9aes sS Sc
taken, considered and deemed as agreed
and liduidated damages for the breach Of
shall be taken and deemed as a payment
to the city for such damages, and shall be
retained and held by such city t3r its bse1
complete the purchase OF said bonds
awarded TO him. said proceeds OF said cor;
City Su Controller al the time Of the cod
Rbsntdoon Of the sale and SSr se
check may be applied and deemed a pay.
mont on account of the purchase OF said
The bonds awarded win be delivered at
the Office of the CITY resss rst moi Of
March. 1925 or at such time or times as
may, on the day bids are opened and
thirty 800 days from ne ,S dsSs Of s SS
ders shall take and pay for the bonds
awarded TO him or them at such place
and time, and any. omission. neglect OF re-
fusal so to do shall be a breach OF bidder
contract OF bid or proposal. on account Of
which damages shall be retained pr re
covered by the City Of Indianapolis as
liquidated damages as heretofore set out,
Said bonds are. offered for sale under
Of the General Assembly Of tho State of
Indiana. entitled.
IAN Act concerning Municipal Cor.
a4...a ~w,A
And all acts amondatory thereof and
supplemental thereto.
And pursuant to Miscellaneous Resolution
No. 316 Of the Board of Public Works Of
the City Of Indianapolis. indiana. and 70
the CITY Of Indianapolis Indiana, passed
ON the 21st day of December. 1928. direct,
ing the undersigned to issue and sell said
bonds for the purpose herein set out
WILLIAM O. BUSER.
City Controller Of the City OF Indian
Rpolts, Indiana.
Feb 10 III 1926.