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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 19_____ ---------, ----------------- --iv 19----2- -------------------- 19------ -------------------------- 19------ ---------, 19------ 19 ------ ---------- 9------ ---------- ---- 19------ ---------------------------------- 19------ ------------------------------------ 1 -----------------------------------------1 19------ 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 ��Oc o Etip;Ca�*rcm �s��w ao �m°°y '�am�'- °�ymCY.'mo�`"yp ye o��Dp*7UaCaC C0w°oop6�mmwF�"pm'�ho�omC' pOO�S�y.'�Cgy��. ��9 004—wM"imm`Sma amam�Y�tjO�f6�U�Dt�DCQ�yDmp dDm RCmtrw Q an; y,°"mm ��p° O Oz °"°m�,y (' (/XMcY10aFr �mu R r ID �oomnm �O ;M;otDonnlo.,ti Q. 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