HomeMy WebLinkAbout06 11 1952 Revenue Bond SellPROOF OF PUBLICATION
STATE OF IDAHO
ss:
County of Bannock
NOTICE
of Prorosal To Issue and Sell Ne-
gotiable Vater Warks Revenue Bonds
of the Village of Chubbuck in the
Amount of X70,000.00, with Interest Not
to )xceed Four Percentum Per An-
num, Redeemable Within Twenty
Years on Amortizes}, Plan to Provide
u
Fnds for the Acquisition, Construe -
tion and Installation of a Water Works
System for the Village of Chubbuck,
Bannock County, Idaho, and Inviting
and Requesting Bids Therefor.
PUBLIC NONCE IS HEREBY GIV-
EN, That the Village of Chubbuck,
aidnprpo esu toygelld negotiable water
works revenue bonds. of said Village
in the amount of $70,000.00, par value,
with interest not exceeding four per -
centum (411/0) per annum; said bond
issue to consist of not more than 1441
coupon bonds of denominations of
$500.00 each, or such other denomina-
tions as the Board of Trustees may
authorize after the sale of said bonds;
bonds to be numbered from one (1)
upwards consecutively, and shall run
for a period of twenty ,years from
date of issue; the first annual amor-
tized principal payment shall mature
and be payable at the expiration of
two years from and after date of said
bonds, and the annual principal board
maturities thereof and the princi-
pal amounts, which will be payable
annually, shall be amortized and pay-
able in accordance with the provisions
of the Municipal Bond Law of the
State of Idaho, the principal and in-
terest of said bonds being payable
solely out of and from the revenues
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 at-
tached evidencing the interest then
payable, and shall be payable, both
principal and interest, at the Office
of the Treasurer of the Village of
Chubbuck, or at such bank as may
be designated by the purchaser of
said bonds, at the time of said pur-
chase, and all collection charges, by
banks so designated, are to be paid by
the . purchasers; said bonds to be is-
sued under authority of, and as,auth-
orized by the provisions of Chapter
47, 1951 Sessions Laws of Idaho, and in
accordance with the provisions of the
Municipal Bond Law of the State
of Idaho,
Said negotiable water works reve-
nue 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 Thursday,
July 3, 1952, at the hour of 2 o'clock
P.M., of. said day.
Sealed bids' for the purchase of said '
bonds are hereby requested, which
bids the shall be filed' with' the
Village Clerk of said Village, at any '
time after the first publication of this
Notice, and prior to the hour of 2
o'clock P.M., Thursday, July 3, 1952,
at which hour of 2 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 Pub-
lic Meeting of said Board of Trus-
tees, for the purpose of considering
said bids, awarding the bonds or re-
jecting any and all bids therefor, and
n such meeting, or an adjournment
thereof, the said bonds will be sold
to the bidder making tho best bid
therefor, subject, 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, un-
til 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 Cliubbuck in an amount
equaling five percent (5%- of the
Edith Berosek
---------------------------------------------------------------------------------------------------------------
being first duly sworn on oath deposes and says: That ----------------------she
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:
----dune--Il -- 195?-- -------- ------------------------------ 19------
---------- Jun -e-18 --- 1952- ---, 19------
---------- -----------`June--255---- 1952- ---------------------------------- .----- / 19------
------------------------------ 19------ -------------------------------------- 19------
----------------------------------- ---- 19------ ----------------------------------------/ 19 -_----
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.
!S / -------------------------------
Subscribed and sworn to before me this---- ---------------- 25t1_1 ----------------
day of--------------------------- .-Jun-e-, 195? --
r
-------------------------------- L/ ------ M - - -
Notary Public,Krof Idaho
Residence: Pocatello, Idaho
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