OCR Text |
Show SELLING THE BONDS. After Canvassing the Vote Council Will Advertise for Bids. The next step to be taken by the Council, Coun-cil, now that the water bond Issue Is authorized. au-thorized. Is to advertise for bids Before placing tho Issue It will be necessary to feel tho market and try to obtain the best possible terms for the city. The law does not provide any regular course with regard re-gard to this, but this has always been done in the case of previous bond issues. It may be necessary lo advertise for a long time At the earliest, it Will be well toward the end of April before this matter m settled The replies to the first advertisements adver-tisements may not be satisfactory. In this case the advertising will have to bp done over again. Rut before nnv advertising Is done, the Council Will have to meet as a board of canvass, rs and declare the result jf the election. This will be done tonight |