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HomeMy WebLinkAboutOrdinance No. 126ORDI'NAffi(M N4,, 128. AS ORDINANCE creating Special Improvement District Nom, Up and providing to the receiving of bide and letting of oo ntracte for the laying of the extentions to the water mains of the City of La elo in said District# the manner in which the expenses of said improvements shall be paaid# also the manner in whioh the oosts of said knprovemento shall be assessed and the denomination, of the bonds and the Interest on the bt?nds to be issued and paid for said improvement. `M IT QRDAIM BY THE CITY COMTCIL OF THE CITY" OF I AVRB,'L t 'SECTION 1. That at eight ovolook F*M. on the 18th day of Aprils Ch=bers in the City W1 in the City of Z,aurelomontaaa o the City Counoll will receive sealed bide for the cor struction of the improvements a31d the laying of Water mains in the said Special Improvement 'Diatriot No. 18, in a.ocordw4e with the plaus and speoificatton,s thereof an4 on file end of record in the office of the City Clerk of Laurels Montana. SECTION 8. That the City Clerk is hereby authorised and directed to pabliaba ootioe of the time and place of reaoeiving such bide in the Laisrel. Outlook* a weekly newspaper published in, the City of Laurel #Xontana, in one regular issue *ft of the ft id paper at least tfts 'days prior to the last day of receiving bids, SECTION 1, Uat the City Counall shall have the right to "Je®t any a m4 all bads. In case aall'b: s shall be rejected,, tbA City 001=0il ar may *A motion entered on its reoorda„ set a W time for receiving bids and the Clerk shall cause new znotioe tO be published in the above named per at least five days p9ior to the last day fixed for receiving bids. SECTION 4 4 Within fifteen days of the aooeptanoe of any bldg the OU00e40bidder and the City of Laurel, shall mekke, ,execute and deliver to such other a oontraot In acoordanoe with the terms and oonditions of the bidea plans* specifications and all ordinances and renoi Lions relating to the improvements in said, district; said contract on the part of the City of Laurel to be executed in the nams of the Cit.r Its Mayor and attested by the Clerk* IMCTIONS• Eaoh bid eh U be acoamp&nied by oaoh or a aertified check Of some reliable bank in Yellowstone Oovatyr Montana„ in the sum ut One Hundred Fifty4#150) Dollar*,# payable to the City of Laurel, if said bis is not anrepted said, cheok or am of money will be returned to the bidder. If said bid is aobepted and the bidder oomplies with the terms and conditions of this Ordinance as to making* exeout•ing and delivering the contract, and bond required by this ord1n&ros$ then auoh check or sum of money will be returned to the bidderpotherwine to be forfeited to the City of Laurel* SECTION d. tip= the execution and delivery of the contract heareinbefore provided for, said bidder shall also pressAt to the City of Laurel a good and s Wtoient.undertaking in the. penal sum of One Thousand 000) Dollars to be approved by the City Counoilr conditioned to the f act that the bidder shall f aithfully perfom all the terms and conditions of said contract and shall save the City of del harmless from the begligent and wilful sots of mid biddsr,r his repreaentatlve,a,agOnt,servanta„employees and s b.*oontraotors,,in the performance of the terms and conditions of said contract and in making said improvements. SZCTION 7. That the entire a onto of making said 9mpravements shall be paid by the Said Special Improvement District No, 100 eao& lot or parQ01 of land within said district to be assessed Wy flies that portion wU44 ,t',sboare to the entire district$ exclusive of st;fots, alzors and public3.plaoe4.. EMOTION S« The assessment to pay for the improvements in d district shall. be paid in six oquAl ann=1 installments the payment of said annu Installments shall be extended over aporiod of six years. All *oneye derived from the collection of said ;assessment shall constitute a fund to be known as *i d of ftd*14, 'improvement District Ito. *0 8=101 9e Ate. the costs and expenses of said improvements which is to be paid by the district by special assessment as aforesaid shall be paid by Special Improvement bonds drawn against the fund Qf Speaia.1 Improvement District No. 1S. Said bonds shall be of the denomination of One H,`ndred Dollars emoh or multiple of fractional pest thereof, shall bear intmrest at the rata of six per cent per annum from the date of regiatzation, e and the said interest shall be payable on -the first clay of January of eavh. year after the issuance of said bonds. SECT1011 10. Payments for the expenses incurred by the contract with the sucoessful'bidder and the total costs of the improvements shall be PPJd in bonds drawn an the ftnd of Special Improvement District No. 15# Immediately after the first regular meeting of the Council in each month, upon estimates of the City Engineer which shall be approved by the Council; provided that the said oontraotor shall have paid for the material used and .labor performed on said improvements and the appurteanances thereunto belonging; Twenty per pent of all estimates shall be reserved until the final oompletion of the improvem,ents# their approval by the engineer and their acceptance by the Council, when full settlement the manner above mentioned, will be made. SECTION 11. Said contractor shall receive said bonds in payment for said improvements at the full face value and awl Xtly exclusively upon the fund on which said bonds arcs drama; for theist paympal. SECTION 13. That the costs of engineering and, inspection in connection with said Improvements# the cost of publishing all notices, res-Oxutions and ordinances relating to said improvements, the costs of blank bor is ueod for said distriot and the estimated Croat of the assessment rolls for the said district, not to exceed in all the stun of One R=4red Thirty-four ($134) Dollars# shall be considered a part of the original cost of said improvements and shall be paid by the oontra.ctor in to the executive and of the City upon receiving the bonds for his final estimate; aznd vithe said costs in addition to the amount due the contractor under his contract, tall be included in the estimates of the en.mineer of the amounts due the contractors, and that bond13 shall be issued therefor to the contraotora against the funds of said S eclzljj l:,provement Distract to reimburse him for itzra so paid In the Executive Amd of the City. Expenses for items mentioned above in this aeotion shall be paid for out of the executive find of the City as they are incurred. SECT14u 13. This is an emergency ordinanc:; and Includes only such :.qeaaurao as are immediately necessary for the ?reservation of peace* health and s'af'ety, and shall be in full force and effect from and after its passage and ipproval. 10 PASSED By the City" Council and :approved by the Mayor, this 10 day Of Apar'ilp LoD.1916. S Attest ? Y r