The New York herald., 1879-07-12
FULTON MARKET.
DEFEAT OF THE PROPOSAL TO LEASE THE
MARKET To A OBSERVATION-DISCLOSURES BETWEEN
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DEFEAT OF THE PROPOSAL TO LEASE THE
MARKET To AcoRpoRATIoN-scENE BETWEEN
THE MAYOR AND coMPTRoILER KELLY.
Mayor Cooper. Recorder Hackett Comptroller
Kelly and Chamberlain Tappan were present at the
meeting of the Sinking Fund Commission yesterday
afternoon. The only business of importance that
came before the Board in reference to the propo
sition made some time since to lease the Fulton Mar
ket property. Mr.. John H. Strahan aud Mr.. Eugene
G. Blackford appeared on behalf of the committee of
market men. The former read the conditions under
which his clients would take the lease of
the ground and erect thereon a suitable build
ing. They differ but slightly from those published
q short time ago in the HERALD. and provide
that the property shall be leased for term of
twenty years. to be used only for market pur-
poses 1t is also provided that the present
building shall be removed and q new structure
revert to the city at the expiration of the lease and
to be completed by January l. 1880. not built by
that time the lesseesare to forfeit the Of $50 900
aud 5000 for every subsequent month that the
building remains unfinished. A condition is also
are limited. These are arranged that the company
cannot make more than liked percentage on the in-
vestmcnt.
After these conditions had been laid before the
Board Mr. Hery N. Beers. OF the Council OF Politi-
cal Reform asked leave to present the views OF that
body the subject of leasing the property. As
sent being given Mr. Beers stated that he and his as
socates did not think that the market should be
leased The land and franchise should be sold out
right and the money realized appropriated to the
purpose OF paying portion OF the city debt 1t
would be good thing II all Of the $50 100 wortL
of property belonging to tho city sold.
Comptroller Kelly here offered resolution provid-
ing that the market property be appraised and ad-
vertised to be leased irrespective Of tc conditions
named by Mr.. Strahan and Mr.. BHckford The Mayor
thought the appraisal should be subject to these
conditions. He would move an amendment to that
effect. The question put and the Mayors
amendment was lost by vote or 8 to 1. the Comp
troler, Recorder and Chamberlain voting i'll the af
frmative and the Mayor in the negative.
PULLING UP TIM MAYOR.
Several other amendments were sought to be made
by the Mayor. and ut last Comptroller Kelly. turning
toward him. ssd:-- i'lI
II move the previous question. You can go on
making motions all day"
II refuse to put the previous question: replied
the Mayor calmly.
''why noty asked the Comptroller. in apparent
surprise. "this is u legislative body, is it notY'
1T is. of course. said the Mayor, "but in the alb
sence OF rule on the subject refuse to put the
motion"
No answer was made to this by Mr.. Kelly and the
business once more went on smoothly. By the same
vote by which the Mayors amendment WAS lost the
Comptroller was instructed to sppraise the market
property without regard to the conditions.
The Spinola steam heating scheme then came up
in the shape of resolution authorizing the prepa-
ration of the formal agreement by which the iran
chise to lay steam heating mains below Canal street
given to the General. The motion was lost, the
Comptroller and Chamberlain voting in favor of it
and the Mayor and the Recorder an the negative.