HomeMy WebLinkAboutORDINANCE NO. 281 SPECIAL SEWER IMPROVEMENT BONDS - SIGNED
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GEO. D..AItNARD ITA. eo., IT .LOUI.
Ordinanoe No. 281.
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AN ORDINANCE AMENDING ORDINANCE NO.2 68, PROVIDING FOR THE ISSUANCB,
EXBCUT ION, SALE AND DELIVERY OJ' SPEC IAL SBW'BRAG:I IKPROVllMENI :BONDS
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Ii Whereas, hereto tore by Ordinance .Nos. 266 and 268 a re-assessment has been made
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:1 and authority given to issue bonds on said Local Sewerage Improv.ment Distrio~ No.1, Rex-
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OF LOCAL SEWERAGE lMPROv:bENT DISTRICT NO. I, RlIXBURG, IDAHO, mI-
PEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONnICT HEREWITH
AND DECLARING AN EMERGENCY.
burg, Idaho, and,
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collected and applied directly on the obligation ot the City ot ReXburg for the cost.
ot oonstruotion in said Local Sewerage Improvement District, and,
Whereas, oertain interim warrants have been iSlued tor the payment of the ba1an~
of the costs of the improvements in said Looal Sewerage Improvement Distriot, and,
Whereas, it has been and 1s herebY,asoertained and determined by this Counoil
that it is not advisable and to the best interests of the City, but a110 necessary that
oertain bonds be issued as provided for in Ordinanoe No 268 ot eaid City:
NOW, THEREFORE, in oonsideration of the premises, be it Ordained by the 1~yor
and City Council of the City of Rexburg, Idaho:
,SBCTION I. That the date of the bonds and coupons attached thereto a. hereto-
forEt authorized be ohanged to April 23, 1923, and that .aid bonds mature on or before
Aug~..t 11!t, 1930.
SECTION 2. That the present Mayor, Clerk and City Treasurer be authorized to
exeoute .a1d bonds in the aggregate .um ot .10,433.17.
SBCTIONI3. That there be d.livered to the tollowing named parties the amount
ot bonda I.t oppq.it. their name. 1n tul1 payment ot the int.rim warrant. now held by
them : '
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Bank otMissoula :Montana
$2,912.23
2,118.61
Utah )lilte Olay Oompany, Salt ~e Oity, Utah
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. C. 'f. &Ill. Co. Salt Lak. C1t7. Utah
,1. t' O,4en s+r'1" Pi,. & Clay Co ,'o,den, Utah
With in ere.t on aboYe amount, at .iz per oent per annum from August 23, 1923.
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~~O!IO. 4. That in the e..nt that the denomination ot the band. doe. not c.r-
1,331.60
4,070 ;73
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reejOnd ',,1thth. amount of the itlclebt.dn... tll the partie. above named, the said Nl&yor
.4 6t.1Ji:~~f~.f )'Oit1' oi'R.Xburl be and are hereby authori.ed to issue warrant. on said
-f'm:}iN'&nt nl.t~10t, Bonet Inter..t anel Slnldng hnel tor tbe payment ot any differ.noe
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b.t~een the amourtt ot the Bonds deliv.red anel the amount ot the int.rim warrant. d'l-
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1..r.d to the City.
, SlCTION S. It 1. furth.r ordered t~t an a..essment equal to one-ninth ot the
amount .et out 1n the a.....ment roll, with accrued interest be 1e.1e4 eaoh year on the
lot.,' pieoe. and parcelS ot land s.t out In laid alsessment roll and that the said lum
be u.edto pay the intere.t and principal on the bonds provided tor in Ordinance No. 268
an. actl amendatory thereto.
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SlOTION 6. Where.& an emergency exist8 thi8 Ordinance 8hall take effect
atter it, approval, pasease and publication ae required by law.
Passed and Approv~d thie 20t~ day ot April, 1923.
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01'4inance 110. 282.
AN ORDINANCB .GRAiTINGA RIGHT OF WAY TO THE OREGON SHORT LINB
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RAILROAD COl.ll?ABY ANDPRlISCI\IBIliG TO CONDITIONS UNDBR WHICH
SUCH RIGHT OJ WAY IS GRABTKD.
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Be it Ordained by the :Yayor and City Council ot the City ot Rexburg, Idaho.
SlCTION I. That a Right ot Way i8 dedi.ated and hereby granted unto the Oregon
Short line Railroad Company, a Corporation, ite euoceslorl and a.eigne, tor use tor ite
railroad acrose Pirst North Street between Seoondand Third Weet Streetl ot said City, al
per the reoorded plat thereot, said right ot way to be a oontinuation ot the strip known
as The Ander8on-Koon Comparty 8pur, leventeen(17) teet wide aor088 laid Street tor the .x-
tension ot its present Spu3t whioh 11 now conotructed West ot the elevator of Amlerlon';'Xoon
Company, as Ihown by the a~taoh'd map, whioh il made a part ot this Ordinance. Sa1d Right
of Way to be for the duration ot 99 years.
SECTION 2. Th. ,rant hereinbefore made i. subject to the tollowing condition.:
Railroad track .hall be laid on auoh grades a. the lame are now or may hereafter
be e8tabli8hed by the City Counoil. Th. water oours., ot 8aid shall b. lett and k.pt tr.e
and unobstruoted, and good cro.lings at th, Brad. ot aaid traok shall be made and maintain
ed by 8aid Railroad Company. The said Railroad Compa,ny shall plank between its raila on
8aid Street crosling. Said planking to be tor the tully width ot the atreet and 8idewa1k.
and level with the raila.
SECTION 3. That the City ot Rexburg aha1l in no way be liable or reapeaaible
for any acoident or damage ,that may occur in the conatruction or operation ot aaid rail-
road by reaaon of the tault, miloonduct or negligence ot the aaid grantee, ita eucce,lor.
or a.eigne, or their emplole.a, and the acoeptance of thi. gr~t ahall be deemed an agr..-
ment on the part of the 8a$d grantee tor itaelt, itl luccelsora and __aigna, to aave the
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said City tree trom all liability, 1018, C08tl, expen.. or damage ot any nature ariSing
out of suoh tault, milconduet or negligence.
SECTION 4. lothing in thil Ordinance shall be 10 conltrued as to Jive the
Oregon Short Line Railroad Company , ite succeS80rs and aS8igns, the .right to olose any ot
the etreets within the corporate limit. of said City ot Rexburg, tr~m the public traffio
or to prohibit the City Counoil from granting any other oorporation or aesooiation the
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