The Algona Upper Des Moines from Algona, Iowa on July 18, 1967 · Page 21
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The Algona Upper Des Moines from Algona, Iowa · Page 21

Algona, Iowa
Issue Date:
Tuesday, July 18, 1967
Page 21
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14-Atgotia, (la.) Upper Des Moinec Tuesday, July 18, 1967 BUDGET ESTIMATE AND RECORD OF FILING Town and City Estimate NOTICE - The Town council of Wesley of Kossuth County, Iowa, will meet August 7. 1967. at 8:00 P.M.. at Town Hall. Taxpayers will be heard for or against the following estimate oi expenditures for the year beginning January I, 1968. A detailed statement of receipts and disbursements, both past and anticipated -will be available at the hearing. ' D. L,. Klein, Town Clerk in p S u. General Street Public Safety Sanitation Enterprise Recreation Utilities _. g C m J£ nl *O ~j s=L- •C r*l C 3"°^ (3,250) (1,949) (78) 523 (779) (6.890) 1 2 Expenditures For Year 1965 1966 3,538 6,991 5,435 6,729 fi,921 3,563 1.388 2.468 100 100 3,800 3,695 33,720 15.100 3 4 m "So^a ,g u "O "^ 0* ** ^m <u 3 ^ JV «•> /j £!3 gig "S 2 6 S O 4, '2 •"* 'C O ^ 3 . D. ^|3 |3 £ " ^3 ^" I*J £ PS 1 "* 7.000 4^00 3.500 1,600 1.000 4,000 6.000 5 0 c » oxa *o " ~3 *j S £« S» *^ c ^>"O |§ si l|ll 2*^5 x x 0 £ &Z& 1,500 F "ion 4,bOU 3,500 1,600 1.000 1,000 3,000 6,000 Street (Road Use Tax) .. TOTALS _ 7.601 (4,822) 54,902 38,646 5,000 32.600 Estimited Tixcs per $1 00000 of nsscsscd value Tnxablc valuation (1966) - --- -- -----Taxable valuation agricultural Innds (1966) . . ... Moneys and credits (!!KJ6) 5,000 13.500 19,100 $26.00 $717,560 $ 12.708 $27'1,OU2 tain complete Information concerning said bonds and the School District. For copies of these documents or for additional Information, prospective purchasers are referred to the undersigned or the Financial Consultants to the District, Paul D. Speer & Associates, Inc., Twenty North Wacker Drive, Chicago, Illinois, 60606. Telephone: Area 312-FInancial 60858. By the order of the Board of Directors. /S/ Lucille Seegebarth Secretary Published in the Algona (Iowa) Upper Des Molnes July 18 and July 25, 1967. (54 & 56) IN THE DISTRICT COURT OF IOWA, IN AND FOR KOSSUTH COUNTY, PROBATE NO. 9033 NOTICE OF HEARING ON SALE OF REAL ESTATE IN THE MATTER OF THE ESTATE OF fflllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll llllllllllllllllllllllllllll| OFFICIAL NOTICE OF SALE $165,000.00 Sentral Community School District Kossuth and Palo Alto Counties, Iowa School Building Bonds Sealed bids will be received by the undersigned Secretary of the Board of Directors of the Sentral Community School District, in the Counties of Kossuth and Palo Alto, State of Iowa, at her office in the Sentral Community School, located on County Highway A between the towns of Fenton and Lone Rock (P.O. Fenton), Iowa, until 12:00 o'clock Noon, Central Daylight Saving Time (11:00 o'clock A. M., Central Standard Time) on the 8th day of August, 1967, for $165,000.00 School Building Bonds of said School District, at which time they will be presented to the Board of Directors of said School District at its meeting to be then held at the Board of Education Office, at the aforementioned Sentral Community School. After the receipt of open bids, the sealed bids will be opened, and the bonds will be sold to the highest bidder for cash. Open bidding will be concluded not later than 12:30 o'clock P. M., Central Daylight Saving Time (11:30 o'clock A.M., Central Standard Time). Sealed bids will be fully protected. Said bonds will be of the denomination of $1,000.00 each, dated August 1, 1967, bear interest payable May 1, 1968, and semi-annually thereafter, and will mature in numerical order on November 1 of each of the respective years as follows: $ 5,000 1968 10,000 1969 10,000 1970 10,000 1971 10,000 1972 10,000 1973 10,000 1974 10,000 1975 30,000 1976 30,000 1977 30,000 1978 None of said bonds will be optional for redemption prior to maturity. Said bonds will be reglstrable as to principal only. Both principal and interest will be payable at the office of the Treasurer of said School District, Fenton, Iowa, Each bid must be for all of said bonds on the Official Bid Form, upon terms of not less than par and accrued interest. Bidders must specify a single rate of interest for the bonds, in a multiple of one-quarter (1/4) or one-tenth (1/10) of one per cent, and not to exceed four and one-half per cent (4 1/2%) per annum. Each installment of Interest will be represented by a single coupon on each bond. The bonds will be awarded to the best bidder determined upon the basis of the lowest coupon rate of interest. In the event of identical coupon rates, award will be made to the bidder offering the highest premium. These bonds are being issued pursuant to the provision of Chapter 296 of the Code of Iowa, 1966, and all taxable property in the School District will be subject to the levy of taxes sufficient to pay the principal of and the interest on said bonds without limitation as to rate. Delivery is expected within thirty days after the sale in Chicago, Illinois, or Des Moines, Iowa. Should delivery be delayed beyond 60 days from the date of sale for any reason except failure of performance of the successful bidder, then the bidder may cancel his agreement to purchase the bonds and receive back his check and thereafter his interest in and liability for the bonds will cease. The District will furnish the printed bonds and the unqualified approving opinion of Messrs. Chapman and Cutler, Attorneys, Chicago, Illinois, and all bids may be so conditioned. Said opinion, which will be printed on the bonds if requested by the purchaser, will recite that, based on current rulings and official interpretations, interest on said bonds is exempt from present federal income taxes. At the time of delivery the District will furnish the transcript of proceedings on which said opinion is based, including a certificate that no litigation is then pending affecting the boundaries of the District, validity of the bonds, or the right of the District to issue them. A certified check or cashier's check drawn on a solvent state or national bank for $5,000 payable to the order of the Treasurer of said School District must be furnished by bidders as a guarantee of good faith, this amount to be retained pending full performance by the successful bidder and to be forfeited to the District as agreed liquidated damages upon failure to take up and pay for the bonds when ready. The right is reserved to the Board of Directors to reject any or all bids and to waive any irregularities in any bid. The Board of Directors has authorized the preparation of an Official Statement and an Official Bid Form, which documents con- AGNES J. WALKER, DECEASED. TO: EDNA L. BROESDER, LEONA A. LOVSTAD, LUELLA McARTHUR, HELEN M. COOPER, LESTER W. WALKER, BERNICE A. WALKER, DENNIS MELVIN WALKER, DIANE SUE FRITZ, BETTY JEAN WALKER, SUSAN MARIE WALKER, AND MICHAEL ALBERT WALKER, AND TO ALL OTHER PERSONS INTERESTED IN THIS MATTER: You and each of you are hereby notified that there is now on file In the office of the Clerk of the above entitled Court, a Report of Sale of the real estate described as: The Northwest Quarter (NW 1/4) of Section Twenty-five (25), in Township Ninety-six North (96N), Range Thirty West (SOW) of the 5th P. M., at private sale for the sum of $85,600.00, a copy of the sale contract for which is attached hereto. You are further notified that by Order of the above entitled Court this matter has been set down for hearing in the court room of the Court House in Algona, Kossuth County, Iowa, on the 24th day of July, 1967, at the hour of 10:00 o'clock A. M», at which time and place any person interested therein may file written objections to the entry of an Order approving said sale, and that any person interested In making a higher or better offer for said real estate may appear and bid thereon, after which said property will be approved as sold to the highest bidder, the details and terms of which sale will be more fully explained at said hearing. Dated at Algona, Iowa, this 13th day of July, 1967. /S/ Bernice A. Walker, Executor of the estate of Agnes J. Walker, deceased. (54-55) PUBLIC AUCTION OF REAL ESTATE In order to settle the J. B. Mertz Estate, the Executors will sell at public auction the following described real estate, to-wit: TRACT NO. 1: The West Half of the Southwest Quarter (WVa SW14); East Half of the Northeast Quarter (EVa NW14); and that part of the Southwest Quarter of the Northwest Quarter (SW!4 NW^) lying east of D.D. 61; all in Section 1, Township 94 North, Range 31, West of the 5th P.M., Palo Alto County, Iowa, containing 186 acres, more or less. Improvements: 3 bedroom modern house; new machine shed 48x26; new 4500 bu. ear corn storage; hog house 20x36; farrowing house 14x60; 1350 bu. steel grain bin; barn 26x48. TRACT NO. 2: A part of Sublet Seventeen of plat of Sub Lots 17 to 27 Inclusive, in the Northwest Quarter of Section 18, Township 94 North, Range 30, described as follows: Beginning at the Northwest corner of said Sublet 17, thence East 6 rods, South 113 feet, 8 inches; West 6 rods; North 113 feet, 8 inches, to place of beginning, all being in Kossuth County, Iowa, subject to easement. TRACT NO. 3 West 36 feet of Lots 1 and 2, Block 7, of the Town of West Bend in Palo Alto County, Iowa. TRACT NO. 4: Lot 1 of Block 10 of the Town of West Bend, in Palo Alto County, Iowa. TIME OF SALE: July 28, 1967, commencing at 1:30 P.M. PLACE OF SALE: Sales will take place on the real estate above described, commencing with Tract No. 1, which is located 2 miles north and ] /2 mile west of West Bend, Iowa. Following sale of the farm, the lots in West Bend will be sold in order, commencing with Tract No. 2. TERMS OF SALE: 10' < down on date of sale, balance in cash on or before March 1, 1968. POSSESSION: On March 1, 1968. Sellers will pay the 1967 general taxes, payable in 1968. Abstract showing clear title and Executors' Deed will be furnished to the purchasers. For further information, see J. B. Mertz, Jr. or Mrs. Catherine Blair, both of West Bend, Iowa, Executors, or Linnan, Lynch & Straub, Attorneys for Executors. J. B. MERTZ ESTATE Charlie Quinn, Auctioneer Bancroft, Iowa By: J. B. Mertz, Jr. Donald Mertz Catherine Blair, Executors Linnan, Lynch & Straub, Attorneys Algona, Iowa

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