Laurel outlook., 1947-03-12

/ y ~
mogul multiple socket, deep hood
complete with Holophane B-way
rippled bowl r~efractors, with five
hundred (5O0) watt Mazda lamps
and the number of posts to be
erected are seven %; that the
electrical current will be supplied
to said posts through an Anaconda
Duraseal, single conductor, under
ground cable suitable for a working
pressure of six hundred (600) volts,
such as is manufactured by the
Anaconda Wire and Cable Company,
with a neutral single conductor soft
drawn bare copper wire laid in q
single trench with the above insul-
ated cable, and the same gauge
as the insulated wire.
Section 6. That the cost of i'm
provements contemplated herein, in
GLIDING the cost of engineering, le-
gal services and incidental expenses
is estimated to be the sum of
100000 and the approximate an
nual cost of maintenance and the
electrical current will be for each
post for the first year, the sum
of S38.17.
Section Z. That three-fourths of
the entire cost of erecting and main
tanning the posts, wires, pipes, con-
duits, lamps and other suitable or
necessary appliances for the pur-
pose of lighting said streets, avenues,
or public highways and the annual
cost of supplying electrical current
for and maintaining lights thereon
in said district shall be borne by
property embraced within said
lighting district, in the fol-
lowing manner, tow it : Each
lot or parcel of land shall
be assessed for that part of the
whole cost which its area bears to
the area of the entire district, eX-
elusive of streets, avenues, alleys
and public places, providing, how
ever, that whenever any of the i'm
provements herein provided for shall
be along any side street or border
ing or abutting upon the side of
any corner lot or any block that
the amount of the assessment
against the property in said light
ing district to defray the cost of
said improvements shall be so as
sessed that each square foot of
land embraced within such corner
lot shall bear double the amount of
the cost of such improvements that
a square foot of any inside lot
shall bear. That the other one
fourth of the entire cost of erect
ing and maintaining the posts, wires,
pipes, conduits, lamps and other
suitable or necessary appliances for
the purpose of lighting said streets.
or public highways and
one-fourth of the annual cost in
electrical current for and
maintaining the lights thereon in
said lighting district shall be paid
by the City of Laurel out of the
General Fund.
Section s. That the entire cost
and expense incurred in the n
struction of the improvements to be
made in said Special Improvement
Lighting District shall be paid in
five equal annual installments and
for the entire cost and expense of
said district bonds snail be drawn
the funds of Special Improve
ment Lighting District No. IA in
the denomination of $4,000 o. frac-
ton or multiple thereof and the as
sessment thereof shall be extended
a period of five years from
and after the completion of the
said improvements. Said bonds
shall be redeemed by the Treasurer
when there is money in the fund
which said bonds are issued
available therefor, and shall bear
interest at the rate of 81 pec
annum from the date of registration
hereof until called for redemption
,r paid in full, interest to be pay :
able annually on the first day of
of each year as expressed ,
~ the interest coupons attached -,
and shall bear the engraved
'acsimile signature of the Mayor !
md City Clerk. All none derived !
rom the collection of said assess l
nents shall constitute a fund to be !
,nown as "Fund of Special Improve
nent Lighting District No. IA" and
he owners or holders of bonds
hereon shall rely for payment ex-
lusively on the funds on which
aid bonds are drawn, exceDt as
by Ordinance No. 300 of
he City of Laurel, providing for
of delinquent assessments.
Section 9. That Tuesday the 1st
ay of April A. d. 1947
t 1880 o'clock P. M. is hereby des-
gnated as the time when, and the
Chamber in the City Hall
f the City of Laurel. Montana,
S the place where the Council will
onsider and pass upon all protests
hat NAV be made, as provided by
aw, against the proposed work or
he making of such improvements
r against the extent or creation of
he district to be assessed, or both.
UGH notice of protest must be in
and be delivered to the
Jerk of said City Council within
fifteen (15) days after the date
f the first publication of the notice
f passage of this resolution of In
ention, and made by the owner Of
roperty liable to be assessed for
aid work and improvements, and
ne clerk upon receipt of any such
office of protest shall indorse there
n the date of its receipt by her.
ny such owner of property or his
gent, liable to be assessed for said
'ork and improvements, may appear
l person or by counsel, and show a
if any there nay be, why
aid district should not be created,
r why the extent thereof should
1