§ 54-12-309. Deposit of Bidders Required
Each person bidding for the work shall deposit with the treasurer of the board of directors in cash or certified check a sum equal to ten percent (10%) of the amount of the bid, not in any event, however, to exceed ten thousand dollars ($10,000). The deposit shall be returned to the bidder if the […]
§ 54-12-310. Bond or Cash Deposit Required of Successful Bidders
The successful bidder shall be required to execute a bond, with sufficient sureties, payable to the county, for the use and benefit of the improvement district, in an amount equal to twenty-five percent (25%) of the estimated cost of the work, so let or that amount may be deposited in cash with the treasurer of […]
§ 54-12-311. Engineer Employed to Supervise Construction of Improvement Work — Compensation — Removal, and Contract With Another
The board of directors shall employ a competent engineer to have charge and supervision of the construction of the improvement work, contract for compensation for the engineer’s services in a sum or at a rate that may be agreed upon, and to be paid as other expenses of the district. The directors may remove the […]
§ 54-12-312. Bond Required of Engineer
The board of directors shall require the engineer to give bond in a sum that it deems proper for the faithful performance of the engineer’s duties, the bond to be payable to the county or state, for the use of the improvement district, and filed with the county clerk and recorded in the road improvement […]
§ 54-12-313. Compensation of Engineers
An engineer employed by a board of directors of an improvement district to supervise the work, etc., shall be paid for services a salary or sums that may be agreed upon between the engineer and the board of directors.
§ 54-12-314. Contractor Paid on Basis of Eighty Percent of Engineer’s Monthly Estimate of Amount of Work Done
The engineer in charge of the construction shall furnish to the contractor monthly estimates of the amount of work done on each section, and upon filing the estimates with the county clerk, the county mayor shall draw a warrant in favor of the contractor for eighty percent (80%) of the value of the work done […]
§ 54-12-315. Warrant to Contractor for Balance Due on Completion of Work
When the work is completed to the satisfaction of the board of directors and the engineer, so certified by both, and the certificate is filed with the county clerk, then the county mayor shall draw a warrant in favor of the contractor for the balance due.
§ 54-12-304. Organization of Board — Bond of Treasurer
The county mayor shall be chair of the board of directors. The board shall elect one (1) of the other directors secretary and treasurer of the board, and as the treasurer shall give bond in the sum of twenty-five thousand dollars ($25,000) faithfully to account for all money received as treasurer. The bond shall be […]
§ 54-12-305. Compensation and Expenses of Directors
The members of the board of directors shall receive as compensation for their services, in attending to their duties as directors, fifty cents (50¢) per hour for the time actually consumed in attending to their duties, but not to exceed twenty-five (25) hours in any one (1) month. They shall also receive their actual expenses […]
§ 54-12-221. Appellant From Order Fixing Assessment of Benefits Shall Give Appeal Bond, and Not Pauper’s Oath
Any landowner, tenant, or encumbrancer who appeals from the order fixing the assessment of benefits shall execute bond, with security, for cost and damages. The oath provided by law for poor persons shall not be allowed in lieu of the bonds.