The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1894-09-05
THE JERSEY CITY NEWS,
251 Washington street.

Drawn upon the City Treasurer in favor of
that officer for sum of 81, $40, to transfer
said amount from City Hail account to
/ general account, the same being amount of
premium received January ?, January II,
| March l and August 3, 1894, from sale OF
this Board July 25, 1894, for sinking fund
purposes.
By Mr.. Hardenbergh:
Resolved, That a warrant be ordered
drawn upon the City Treasurer in favor of
that officer for the sum of 81, 301. SO, to trans
fer said amount from bond account to gen.
eral account. the same being amount of &C
cred interest received May 20. 1894, from
| sale of $500, 900 5 per cent. bonds, due May l.
1924.
By Mr.. H~ardenbergh:
Resolved, That warrants be ordered
drawn upon the City Treasurer in favor of
that officer for the sum of S3l, 62O to trans
fer said amount from bond account to gen
eral account the same being amount of pre-
MUM received May 29, 1894, from sale of
5000, 900 8 per cent. bonds due May l, 1924,
and appropriated by this Board July %,
1894. for sinking fund purposes.
By Mr.. Bailey:
Resolved, That the salary of Philip A.
McGovern, Assistant Clerk of this Board be
Se3. 80 per mont to take effect September l,
1894.
By Mr.. Bailey.
Resolved, That the amount of the official
bond to be furnished by Cornelius Healy,
Water Registrar, be and the sans is hereby
fixed at fifty thousand $780, 1000 dollars.
By Mr.. Bailey:
Whereas, The Board of Aldermen have re-
quested 10y resolution bearing date June II,
1894 this Board to appropriate the sum of
81, 500 as an additional appropriation to meet
the expenses for the relief of ''out door
poor until December l, 1894; be it
Resolved, That the sum of 81 800 be and is
hereby appropriated to the Board of Alder
men as an additional appropriation for the
relief of tout door poor" until December 1,
1894, and further
Resolved, That in order to provide the
funds for such appropriation the Commit
tee OF Finance be and is hereby authorized
to borrow the sum of 81, 500 on temporary
loan bond at the rate of ~ per cent. per
annum the amount of said bond to be pro-
vided for in the next tax levy.
By Mr.. H~ardenbergh;
Whereas, Requisition has been made
| npon this Board by the Board of Education
for the sum of $50. 37S.45, and
Whereas, This Board has upon considera-
ton of the matter agreed to allow said
Board of Education the sum of S19, 1905;
therefore
Resolved, That the sum of $4,000 be and
the same is hereby appropriated to the Board
of Education for the purpose of making
necessary repairs to the buildings under
their control during the present summer va
cation, and further
Resolved, That in order to meet said sum
the Committee on Finance of this
Board be and they are hereby
authorized to issue one or more
temporary loan bonds, aggregating the sum
of SO, COS, at a rate of interest not to exceed
AZ per cent. per annum, and that said
amount of S19,605 be and the same is hereby
ordered placed in the next tax levy.
By President Jones:
Whereas, The Board of Street n Water
Commissioners of Jersey City. being the
municipal board having the control of the
erection of buildings for the Fire Depart
ment purposes, have certified to this depart
ment that the necessity exists for the pur-
chase of ground and the erection thereon of
a new building for the Fire Department
purposes in that section of jersey City
known locally as the Hudson City section;
Resolved, That fol- the purposes of raising
money to pay for the purchase of such prop
erty and the erection and construction of said
building, there be issued bonds of Jersey
City to the amount of $4,000, payable in eight
wears from the date thereof, bearing interest
at the rate Of AZ per cent. per annum and that
the Committee On Finance of this board be
authorized to have said bonds prepared and
executed under the seal of the city and the
proper officers thereof; and be it further
Resolved, That the Committee on Finance
be authorized to sell said bonds at not Less
than par and accrued interest, and that the
money derived therefrom be and the same is
hereby appropriated to the Board of Street
and Water Commissioner for the purposes
aforesaid: and be it further
Resolved, That there shall be a sufficient
sum placed in the tax levy of the city each
year to pay the interest upon such bonds,
and also the further sum of s., 900 oward the
final payment thel eof, which should be
properly invested and deposited in the sink
ing fund of the city, as provided in Chapter
So of the Laws of 1893, by virtue whereof
said bonds are hereby authorized to be
issued.
On motion of Mr.. Bailey, the Board then
adjourned.
Clerk.