HomeMy WebLinkAbout02 27 1952 Revenue Bond SellPROOF OF PUBLICATION
STATE OF IDAHO
ss.
County of Bannock
NOTICE
Of Proposal to Issue and Sell Nego-
tiable Water Works Revenue Bonds of
the Village of Chubbuck in the Amount
of $70,000.00, with Interest Not to Ex-
ceed Four Percentum Per Annum, Re-
deemable Within Twenty Years on
Amortized Plan to Provide Funds for
the Acquisition, Construction and In-
stallation of a Water Works System
for the Village of Chubbuck, Bannock
County, Idaho, and Inviting and Re-
questing Bids Therefor.
PUBLIC NOTICE IS HEREBY GIV-
EN, That the Village of Chubbuck,
Bannock County, Idaho, intends to and
proposes to sell negotiable water works
revenue bonds of said Village in the
amount of $70,000.00, par value, with
Interest not exceeding four Percentum
(4%) per annum; said bond issue to
consist of not more than 140 coupon
bonds of denomin tions of $500.00 each,
or such other denominations as the
Board of Trustees may authorize after
the sale of said bonds; bonds to be
numbered from one (1) upwards con-
secutively, and shall run for a period
of twenty years from date of issue;
the first annual amortized principal
payment shall mature and be payable
at the expiration of two years from and
after date of said bonds, and the an-
nual principal bond maturities thereof
and the principal amounts, which will
be payable annually, shall beamortiz-
ed and payable in accordance with the
provisions of the Municipal Bond Law
of the State of Idaho, the principal
and interest of said bonds being pay-
able solely out of and from the reve-
nues of said water works system of
the Village of Chubbuck, as provided
by Ordinances of the said Village;, the
interest on said bonds shall be payable
semi-annually after date of issue of the
bonds with interest coupons attached
evidencing the interest then payable,
and shall be payable, both principal
and interest, at the Office of the Trea-
surer of the Village of Chubbuck, or
at such bank as may be designated by
the purchaser of said bonds, at the
time. of said purchase, and all collec-
tion charges, by banks so designated,
are to be paid by the purchasers; said
bonds to be issued under authority of,
and as authorized by the provisions of
Chapter 47, 1951 Session Laws of Ida-
ho, and in accordance with the pro-
visions of the Municipal Bond Law of
the State of Idaho.
Said negotiable water wortcs revenue
bonds will be sold at public sale, at a
Special Public Meeting of the Board
of Trustees of the Village of Chubbuck,
to be held in the Office of the Village
Clerk, on Saturday, March 22, 1952, at,
the hour of two o'clock P.M., of said
day.
Sealed bids for the purchase of said
bands are hereby requested, which bids
therefor shall be filed with the Village
Clerk of said Village, at any time after
the first publication of this Notice,
and prior
P,M.,S Saturday, March hour f22,voo'clock
1952at
which hour of two o'clock P.M., said
bids will be opened and considered
by the Chairman and Board of Trus-
tees of said Village, at a Special Public
Meeting of said Board of Trustees,
for the purpose of considering said
bids, awarding the bonds or rejecting
any and all bids therefor, and in such
meeting, or an adjournment thereof,
the said bonds will be sold to the bid-
der making the best bid therefor, sub-
ject; as aforesaid, to the right of the
Chairman and Board of Trustees to
reject any and . all bids, and to re -
advertise such bonds for sale in the
manner prescribed by law, until such
bonds have been sold.
All bids must specify -
a. The lowest rate of interest and
premium, if any above par, at
which the bidder will purchase
such bonds; or
b. The lowest rate of interest at
which the bidder will purchase
such bonds at par,
Each bid (except any bid which may
be received from the State of Idaho
or its Department of Public Invest-
ments), shall, be accompanied by a
cashier's check made payable to the
Village of Chubbuck in an amount
�dualinv fivn nor no * MON s —
Edith Berosek
being first duly sworn on oath deposes and says: That ______________-9-he--___-__
was at all times herein mentioned a citizen of the United States of
America, more than 21 years of age, and the Principal Clerk of THE
IDAHO STATE JOURNAL, a daily newspaper, printed and published at
Pocatello, Bannock County, Idaho, and having a general circulation
therein.
That the document or notice, a true copy of which is attached, was
published in the said IDAHO STATE JOURNAL, on the following dates,
to -wit:
------------------------Fbb 27----_,
19j�
5
------------------ ------Mar ----------,
52
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S
That said paper has been continuously and uninterruptedly pub-
lished in said County for a period of seventy-eight weeks prior to the
publication of said notice or advertisement and is a newspaper within
the meaning of the laws of Idaho.
----------------------------- ----------------------------------
Subscribed and sworn to before me this ---------------------- 12th
---------------------
Mar 52
day of ------------------ ------, 19------
Z ---- - -------- ------ J_ - --- ----------------------
--------------------------
Notary , State of Idaho
Residence: Pocatello, Idaho
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