Resolution 2390 - SID 294 - Sale of BondsRESOLUTION NO® 2390
NOTICE O .RS1LE
OF CITY OF KALISPELL, MONTANA
SPECIAL IMPROVEMENT BONDS
Notice is hereby given by the City Council of the City of Kalispell, Montana, that
the said City Council will on the 3rd day of August� -, at the hour of
Montana,in the Council Chambers of the City Hall in Kalispell, Montana, sell to the highest
and best bidder for cash, either amortization or serial bonds of Special Impro
District No. 294 of the City of Kalispell, Ramount
HUNDRED TEN i i ! purpose
CommissionIng the City0s, share of the cost in participating in projects No. F 270 (7) and U
257 (14) of the State Highway of the State of Montana.
Amortization bonds will be the first choice and serial bonds will be the second
choice of the Council.
if amortization bonds ... sold and Issued the entireInto
determineor divided into several bonds, as the Council may
bond principal and Interest to be payable in semi-annual installments during a peri
of ten (10) years from the date of Issue.
if serial bonds are Issued and sold said bonds will be in the mount of ONE THOUSAND
Y from one (1) to one hundred AM
ten (110), both inclusive,, and said bonds shall become due and payable on the first
day of January, 1969 provi. x each and of
f.
the same shall be redeemed by the Treasurer of said City when thereare funds in
said Special Improvement District No. 294 fund, against which said bonds are Issued,
available therefor; provided that the Treasurer shall first pay out of MSpecial
presentationImprovement District No. 294 fund, annually, the interest on all outstanding bonds
upon Jt and any funds remaining
shall be
HE
y toward V. Hmmer _
Howard Ha=terq its Mayor
MUM
BY no T. flunt
R. J. unt, City Clerk. '-- -
I, the'undersigned, City Clerk of the City of Kalispell hereby certify that the
foregoing is a true and correct copy of the Resolution duly passed by the City
Council of the City of Kalispell, Montana, at its regular meeting on July 6, 1959,
City'Clerk of the City of Kalispell, MoDte