| Show l' l i i 1 F t KE TELEGRAM JE I Guide Guid t to Investors I Special Improvement Bonds 4 By fly floss Ros Pension Beacon I UNDER WHAT AUTHORITY AR ARE GOVERNMENT OBLIGATIONS OBLIGAtIONS OBLIGA OBLIGA- SPECIAL SPECIAl IONS ISSUED Special Improve merit ment obligations are Issued under au authority authority au- au of of and in conformity with city ordinances which ordinances In law turn should conform to the state ordinances detail the method These special Improvement die dis creating of crating legal to acquire the necessary Jurisdiction and set forth the form and manner In which the property In the district affected are to tobe tobe tobe owners notified of Proposed Im Im- be legally They provide how bids half be secured upon the work how the shail cost of engineering and advertis- advertis expenses shall be paid how ho the Ina Int tax shall be assessed when special work Is completed the form and the of Issuing the special Improvement improvement improve- improve m manner wr and the ful procedure full procedure ment for enforcing enforcing the collection of the specIal tax the proceeds of which are ar Issued the obligations used to retire against the special Improvement dis |