The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-06-09
PIER XVII.

PlEt AANll.
An Act to enable the bubris having the
control of the water SUPPLY in the cities
of this state to construct reservoirs for
The storage of wafer.
Whereas, III some of the cities ct this
state 1T has been or may De found that
the storage reservoirs used to retain
water for immediate use in case OF ac-
cident TO the works through which the
supply Is maintained, are not sufficient
in capacity 10 provide against such con-
tingencY; therefore,
1. Be it enacted by the Senate and Cen
eral Assembly of the State of New Jersey,
That it shall and may be lawful for the
board or body having control of the water
supply in the cities of this state to con-
struct and provide Il reservoir or reservoirs
for the storage of water sufficient in Ca
pacity to retain and hold for immediate
use, in case Of accident to the works, by
which the ordinary daily supply is main
tanned, a quantity of water equal TO the
average daily consumption therein, for at
least ten days, nj such board shall have
authority for this purpose to make neces-
Sary contracts, to purchase or condemn
lands, either within or without the limits
OF such city as may be deemed most ad-
Y.sable, and to build, construct and COM
plete such reservoir or reservoirs, and to
connect the same with the mains or pipes
through which the water supply of the
said city is distributed.
2. Aud be it enacted, That it shall be
duty of the common council or other gov
| erning body or board having control Of
finance Of any such city. or requisition
therefor made by the board or body hav-
ing the control of the water supply there
in, to furnish from time to time the
money necessary to provide such reser-
voir or reservoirs, and all the cost con-
nected with the purchase of the land, and
| the construction and completion thereof;
.,,- ~-.I 49,. -. .,.-I 1891
| or body shall be purchased in the nam
and for the use of such city, and title shall
| be taken in the lame of such city there
for.
8. And be it enacted, That to enable
| such city to obtain the money requisite
for the purpose aforesaid. such city may
issue its temporary loan bonds or certii-
Gates bearing interest at a rate not
greater than five per centum per annum
and may renew the same from time To
time until the works SO authorized to be
constructed shall be completed.
4 And be 1t enacted, That when such
reservoir or reservoirs so constructed as
aforesaid shall nave been fully completed,
it shall be the duty of the board or body
having charge OF the construction of the
same, and the control of the water sup
ply in such city to make and file with the
clerk of such city a statement of the en-
tire cost and expense of construction, in
CluIluR UDG COoLo VI tAO lduu lClull6u,
and all other expenses, and the said city
shall thereupon issue permanent bonds,
negotiable in form, TO run for n period not
less than twenty nor more than thirty
years, sufficient in amount to pay the en-
tire expense connected with the construc-
ton of the said reservoir or reservoirs,
and to take up and redeem the temporary
loan bonds or certificates from time to
time issued for the purpose of raising the
honey necessary to carry on such work;
such bonds shall bear interest at a rate
not excseding five per centuin per annum.
and shall be of such form rs such common
coancil or other governing body or board
having control of the finances may deter
niue; the interest thereon shall be paid
semi-apnually, and they shall not De dis
posed of Mt less thnp par; the proceeds
thereof shall be used exclusively for the
purposes ~here1nbefore set forth.
5. And be 1t enacted. That for the purpose
of providing Il fund to pay the interest on
the said bonds while outstanding, and
the principal when due, there shall be set
apart from the net revenue received from
water rents aud water rates Ia the said
city not otherwise pledged, such sum as
shall be su ficieut to pay the interest as it
falls due and the principal of the said
bonds at maturity; provided, however,
that if 1t shall be found that the receipts
thus pledged are insufficient TO furnish a
fund from which TO pay the annual inter
est on the said bonds, and to provide q
sinking fund of not less than two per
centuuI of the principal OF the said bond
per annum, then it shall be the dnty of the
common council or other governing body
or board having control of the finances of
such city to raise a sum sufficient for this
purpose in the annual tax levy of such
city, and 10 apply the sum raised for in
terest to the payment OF annual interest
on the said bonds, and to pay over the
sum raised as IL sinking fund to the sink
ing fund commissioners of such city,
for the redemption of the said bonds when
due.
6. And be it enacted. That in clse it
shall be found necessary to condemn
lands for sites for such reservoir or reser-
voirs, proceedings for such conGemna-
ton, aud the method Of procedure in such
condemnation proceedings shall be the
same provided for in the act entitled IAN
act to empower cities to acquire lands
for public use by condemnation" APP
proved March seventeen, one thousand
eight hundred and ninety-one.
Z. And be it enacted, That all work
aud material required in the building
and constructing OF such reservoir or res
eryoirs shall be obtained by contract,
and public notice shall be gwen by the
board having control or such work, by
proper public advertisement, So that am
pie time may be given for the reception
of sealed proposals for the doing of the
work and furnishing the materials; con-
tracts shall in all cases be awarded to
the bidder who. in the judgment of the
board, offers the terms most advan
tageous to the city, and such board may
reserve the right TO reject ali bids. The
bidder or bidders to whom such contract
shall be awarded shall give bono
with ample security for the faithful
performance of the contract; all such
bonds shall be executed to sucn city in its
corporate name. and after being duly re-
corded in the Office Of the county clerk of
The county in which such city is situated,
shall be deposited for safe keeping with
the comptroller or like financial officer
of such city, md in case any such bond
shall he lost or destroyed then the record
or Il certified copy thereof may be used in
evidence and shall have like effect as the
original bond, provided that such board
shall not make any contract or perform
any work in any city under the authority
of this ACT when the approval or concur
renee of the aoaId or body having control
of the finances therein is now required
until such approval or concurrence has
first been obtained.
8. And be it enacted, That this act shall
be deemed n public net and shalt take
effect Immediately; and that all acts and
parts or acts Inconsistent with this act be
and the same are hereby repealed.
Approved February 25. 1892.
CHAPTER xxx,
Act to authorize ana empower county
nnhlic road boards to pYtand rroda i'm