The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-05-10

tooet yOa ebtN L oPBA1
it most highly aud that / will continue TO
strive to merit your approval. Our Off
cial companionship has been most pleas
ant and the ties that have formed are not
to be broken by change in our midst.
1t will not be out Of place at this time
to briefly review some of the work in
which our Board has played its part dur
ing the past year. In the results attained
we have been aided by the wonderful
growth OF our city. This valuations re-
turned by the Tax Commissioner show a
total of S84, 708, 765. for 1S91-92 against
S78. 957,415. This is an increase of over
S., $50, 600. and these figures do not tell all
the story.
With these valuations, however, a very
slight increase in the tax rate made it
possible to eXpend money in affording
better facilities to the several municipal
departments, and to aid in making our
CITY more desirable as a place of resi-
dence.
The public improvements acted upon
during the year Include the awarding of
contracts for the improving of Pearsall,
Cambridge, kausington and Jackson aye-
nues, Forrest, Vroom, North, Ninth, Elev-
enth and Fifteenth streets. Germania
avenue and the upper end of Erie street
are soon to be added to the list. Besides
these original improvements, the Street
and Water Commissioners lave repaved
many blocks of the more used thorough
fares.
Contracts have also been awarded for
sewers in Ocean, Gates, Virginia and st.
Paul's avenues. Most of the work is al
ready completed. The proposed main
eve In the Woodlawn section of the
Greenville district will open Il large area
that is now in need of proper drainage.
Jersey City has also contracted for the
construction of a main outlet sewer on
the West Hoboken line and for which
that township will pay 46 per ceut of the
cost. The joint sewer is making good
progress, and it will prove u boon to the
, upper end of the city.
The city's public buildings have also
received attention. A site has been pur-
chased for n new City Hall, and is now
being cleared preparatory to building.
Two new police station have been COM
pleted during thu year, and bonds have
been issued for the erection of Il 500, 900
police building upon Il site owned by the
CITY in Greenville.
The public schools have been inspected
and appropriations made for repairs that
will aggregate nearly $4,000. Two new
modern public schools have recently been
opened.
A new wing has been erected at the
City Hospital that will furnish Isolated
wards that a long been needed. Eleven
additional lots adjoining the hospital
grounds have been secured by the city.
This will assure the proper drainage of
lie luSLlOutlOu.
The efficiency OF the Police Department
mas been augmented by the construction
or a Geographic patrol system, in three
precincts ut Il cost of $4,000. 1t is pro-
posed to extend the system throughout
the city in the near futdre.
The Fire Department h as been strength
ened by three new fire engines While sew.
eral of the older ones nave been rebuilt.
An aerial truck has also been purchased
ntAd AvnrnI thotnI So
hose put into service, Details
from existing companies have been
utilized to form Il new engine
company in G~reenvilIe. which viii be
thoroughly equipped this year. Proyls-
ion will also be made for the increase of
the pay of the eity's firemen to the extent
of $4,000 annually as voted for at the
recent charter election.
Other demands made upon the CITY
Treasurer have been met. The Free
Public Library is Il notable instan. e. the
Trustees having been paid this year. by
order OF the supreme Court no less than
S34,6l .06. Since December 2, 1890. the
Free PUBLIC Library Trustees have had
the unrestricted use of S64, Gil. 06 raised BY
taxation.
The city's bonded indebtedness has de-
manded much attention during the year.
but in no instance was jersey CIty's
credit In any way impaired. The records
u ~ tiou WI MAY Ii, 1901, 81, fDJ,UUU OF Z
per cent. assessment bonds became due.
or this amount $500. 600 were paid, and the
balance 81, 400, coo renewed at 5 per cent.
The $3.50. 900 of 6 per cent. water bonds
due January 1. 1891. and 1886, 600 Z per
cent. water bonds, due May l, 1891. were
renewed by 5 per cents. due in 1910. The
500. 900 general bonds that matured MAY
l, j 1891, the $4,000 z per cent. assessment
bonds due November l, 1891, aud the
Sl52, 900 Z per cent. assessment bonds due
February l., 1892. were paid from the
Sinking Funds.
The S54S. COO per cent. assessment bonds.
S2O0,OOO I per cent. general bonds aud
$24S,0 900 z per cent. water bonds, due
December l, 1891, were renewed with
8 per cent. due 1922.
The Sl00, 900 per cent. assessment bonds
due Nav l, will be paid by the Sinking
Fund Commissioners, who will also take
care of the remaining issues, amounting
to $4,000 that will mature during 1892.
A summary of these figures show tina
the ~retundings mentioned have saved the
city no less than S6l, $50 in annual interest
charges, while 1852. 600 of the burden of
debt has been wlpsd out. BY the close of
1892 the amount uf the bonded debt will
have been decreased by 1862. 900 since
April, 1892.
The Commissioner of Adjustment have
continued their work under the Martin
Act" and the arrears of unpaid taxes are
Oelng sUeuully sllteu out. Durlug The
year past the Commissioners have MADE
ten reports, No. 70 to 70 Inclusive, which
represent arrears amounting to 1884, $50 90
as adjusted. OF this amount 1854, 2@25 40
has been collected. The balance must
eventually be paid to the city. For this
splendid showing our sincere thanks as
the financial representatives of Jersey
City's taxpayers are due the Commits
sioners of Adjustment md also 10 the
Sinking Fund Commission and the
various city officials who have aided us
with counsel aud advice.
Such has been the record. gentlemen,
INT / do not think that reasonable fault
can be found with very much of it. Let
lis strive TO continue the work and we
will be simnlY re Mnrdel In the cnnscInns-