The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-07-22
3lO3.223 90

southwest d,vielon. ....,......,Sl oo ,oNo oo
Nur ,hea st and northwest do 2ss2e4 81 too,sa4 90
Anr.,en, s.oo,eucv slos,2ss 90
This viii be increased by rem sson made by the Com.
mon Ccupcil Of the assessment against the Reformed
Dutch cnoIoh Bloomingdae, on account OF inc park
In addiiion to the above It Ii known, a. previously
stated that considerable amounts been collected he
receipts ibe COLLECTORS therefor having been exhibed>
which not credited upon the books In the Collectors
Office, and which will much reduce the sum yet TO DO re-
In order 10 provdsor the payment Of the awards Of ds
msges the collection of the assessments for benefits waa
anticipated By an issue Of "Central Park Assessment
Fund sockn 10 the an0unt OF 81 800 000 redeemabe
The 9th Of February, 1852 which was duly paid at NH
CoIIEcroRs FEE-Under the existing ordinances the,
fees allowed the collectors o, assessments two and
items as tba after two separate demands, remain UNI
PAID ard be returned TO the Bureau OF Arrears accom-"
panied ey Due proof Of snsh demands for payment two
msns OF tho opening Of Central Park according these
rates. would amount 70 about $40 600, which viii reduce
be proceeds Of ead to that extent ess the
So COO originally estimated ana render necessary
creaae the Of Central Park Fund stock s-
sucd-or In case this cannot legally be done, TO make
~ proner TO remark that the late Collectors Of Assess
men,e (mr Taylor and his ceputie) are understood 70
placed in their hands during their torn OF oce including
The Central Park list whether collected or duly returned
the Bureau OF by them, by their eucoeesors
The latter having actually been paid such fees upon their
collections returns, follows that, in case said CLAIM
made for the amount.
IMPROVEMENT OF PARK-Under the act passed April
1851 entitled can act for tue regulation and govern
mept Of the Ce1tal Park In the city Of New York tho
Mayor, Aldermen and Commonaty Of the city were re-
CURED, from time TO time, to create and issue public
fund stcck 10 be denoinated The Central Park Inn
prcvement Fund.- In such sums Of money should be
required by Board OF Commissioners OF said PARK, for
Pupoee Of regulating and Improving the same but no
plan for laying cut and improving the eame auh0
rzed be adopted undertaken, Of which the entiro
expense funded should require for the pay uent OF
the annual Interest thereon greater sum than $780, 900
per appu The stock thus created was TO be redeeua
bic thirty years. from the sinking fund for the redemp
city debt and toe park specifically pledged
such redemption, the interest thereon 10 be pa
from taxhtcn.
The amount OF said stock issued previous LIST jan
uary, 1862 on account OF which there had
been deposited the credit OF the the SUM
Of $500 leaving balance In the treasury Of $50 900,
which has since been paid over
PROPOSED ADDITION TO THE PARK.-By the act chap.
l0l Laws OF 1852 authority given to the Board Of
Commissioners CT the Central Park 10 behalf Of the Cor
poraon OF the city acquire title and add to NE Park
the land lying between l0eth street the SOUTH 10th
the north, Fifth avenue the east and Eighth
the westhe cost to be betrayed by assess
ent for ben edts and creation Of stock bearing SIX
per cent interest 10 be known Central Park Add
tional Fund.-, the principal being redeemabe IN not ex
ceedng forty I'VE years, from the Sinking Fund for Re-
dempton Of the City DEBIT and the interest to DO provided
| for annually by taxation
The in the amount OF taxes accrung TO the
city Of the In value OF real
estate situated the upper part OF the aland over aud
above the former value Of the land now Withdrawn from
taxation on account Of the opening Of this nooe park
WILL is thought, afford more than sufficient means for
Of nterts the debt incurred for it's
| chase and Improvement without any increase in tho
| The following statement exhibits the comparative
valuation OF real estate In the three wards particularly
Affected