The Bluffton news. [volume] (Bluffton, Ohio) 1875-current, 1954-07-01
NOTICE fTo CONTRACTORS
STATE OF OHIO
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NOTICE ITO CONTRACTORS
STATE OF OHIO
DEPARTMENT OF HIGHWAYS
Conmbus, Ohio, June Is, 1854
Contract Sale Legal Cory No 54-S70
UNIT PRICE CONTRACT
Sealed nroposas will be received at the of
sca Of the State Highway Director of Ohio
at Columbus, ohho. until 10000 A. NJ. Ohio
Standard Time, Tuesday, July Is, 1854, for
improvements ippA plAoposa, No,
Allen County. Ohio on Section 600. State
Route No. lis, in Bath and Sugar Creek
Townships Putnam County, Ohio, on Sec
t;ons 4 "a and IA7, State Route No Is, in
Monroe and Palmer Townships. by construct
ing new Guard Rail, as per plan, Project to
be completed not later than November Is,
1854
The minimum wage TO be paid 10 all labor
employed on this contract shall be in accord
ance with the SCHEDULE of Prevailing Hourly
Wage Rates Ascertained and Determined by
The Department of Industrial Relations APP
plicable to State Highway Department In
provements in accordance with Sections
4iI5.03 u7-aA. 4l15.04 U7-4), 4I15.O5 I7-4a).
4II5.o6 (l7-5). and 4115.O7 u7-5a) of the Re
The bidder must submit with his bid GER
tilted check in the amount of S695 90,
Plans and specifications are on file in the
department of highways and the office of the
division deputy director.
The director reserves the right to reject
" s. o. LIEzELL. State Highway Director
June "a, July
ORDINANCE NO. 1884
PROVIDING FOR THE ISSUANCE OF
BONDS OF THE vILLAGE VII aIs cF,s OF BLnuFTToN
INTERFERING SANITARY SEWERS AMI
SEWAGE DISPOSAL WORKS.
WHEREAS, the notes in the amount of $780,,
900 issued in Anticipation of bonds to pro-
vide funds for The hereinafter stated i'm,
provement are shout to fall due, now there
BE 1T ORDAINED by the Council of the Vii
lage of Bluffton, State OF Ohio,
Section /. That Sit is hereby declared neees
sary to issue tho bonds of the Village Of
Bluffton in the principal sum of SlS0,000 fol
the purpose of constructing intercepting sani
tary sewers and sewage disposal works.
Section 2. Said Tissue shall consist of ls'
bonds of the denomination of $1,000 each
numbered consecptively from to $50. in
payable 81, 900 OF December ! in each of tn
years 1855 to 1874 inclusive, and $4,000 OF
December / in each of the years 1875 to 1877
inclusive. which installments are hereby de
elared to be in substantially equal annual in
staliments. and shall bear interest at the rat
of three and one-haf per centum t315g6
per annum, PAYABLE on June /, 1855 an
semi-annually th@reafter on the first day o
June and DecemHer in each year. said inter
est to be evidents by coupons to be attache
to said bonds and both principal and inter
Bank of Button, in Button. Ohio
Section 8. Said Lpnds shall express on thei
face the purpose Hor which they are issued
that they are issaed pursuant to this ord
nance and shall signed by the mayor an
clerk and sealed kith the corporate seal o
said Village. The interest coupons shall bea
the facsimile signature of the clerk.
Said bonds shall be the full general obliga
tions of the Village of Bluffton, and the ful
faith, credit and revenue of said Village ar
hereby pledged f~ the prompt payment o
Section 4. For the purpose of providing tn
necessary funds ia pay the interest on tn
foregoing issue of bonds promptly when an,
as the same fall due, and also to provide
sufficient fund to discharge, the said seria
by levied on all the taxable property in tn,
said Village in addition to all other take
and outside the ten-mill constitutional limita
ton, a direct tax annually during the perio<
said bonds are to run, in an amount suffi
cient to provide funds to pay the interest up
on said bonds as and when the same fall,
due. and also to provide fund for the dis
charge of the principal of said serial bonds
at maturity, which tax shall not be less thar
the sinking fund tex required by Section X
OF Article XII of he Constitution.
Said tax shall be apd is hereby ordered com.
puted, certified, laFed, and extended upon
the tax duplicate shd collected by the same
officers, in the sane manner. and at the
same time that ta8es for general purposes
for each of said years are certified, extended
and collected. SaidHax shall be placed before
and in preference e. all other items, and for
the full amount thereof. The funds derived
placed in a separate pnd distinct fund. which
together with the interest collected on same.
shall be irrevocably pledged for the payment
of principal and intesest of said bonds when
and as the same fall due.
Section S. Said bonds shall be offered at par
and accrued interest TO the Trustees of the
Sinking Fund and any bonds not taken by
said Fund shall be adsertised and sold in the
manner provided by hw.
Section 6. The bond sale advertisement for
the sale of said bonds shall state that any
one desiring to do so may present a bid for
such bonds based upon their bearing differ
ent rate of interest than hereinbefore fixed.
provided however. that where a fractional
rate is bid such fractian shall pe one quarter
of one per cent or inultiples thereof. If
said bonds are sold bearing a different rate
of interest than herein before specified. such
bonds shall bear such rate of interest as may
be provided for in the resolution awarding the
same.
Section T. The proceeds derived from the
sale of said bonds, except the premium and
accrued interest, shall be used for the pur-
pose for which said bonds are issued and for
no other purpose tho premium and accrued
interest shall be transferred to the Sinking
Fund to be applied To. the payment of prin-
eipal and interest in TIE manner provided by
law.
Section s. The clerk is hereby directed to
send certified copy q this ordinance to the
county auditor.
Section 9. This ordinance shall take effect
and be in force from and after the earliest
period allowed by law.
Passed June %, 1854
A. J. b. L,oNGsDoRF Clerk
l hereby certify that Fhe foregoing is a true
copy of the ordnance providing for the is-
suance of $1s0.000 Sewsr Improvement Bonds
adopted by the Couna of the Village of
A. j. B. LONGSDoRF. Clerk