The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1899-10-18
NOTICE 10 wAREHoUsEMEN. TERMINAL

/ NOTICE TO WAREHOUSEMEN. TERMINAL
Companies, Capitalists. etc. etc..
The Board Of Street and Water Commissions
ers Of Jersey City will receive proposals on
Tuesday. October Slst, 1899, at 2 O'Clock T. NJ,
for the
/; HAT PROPERTY COMMONLY KNOWN
AS THE SOUTH COVE GRANT,
under conditions hereinafter noted
l. At least one-third Of the area OF the said
property must. after the completion Of any
Improvement acquiesced in by this Board. be
flowed BY the tide water ana made navigahle
for such vessels as the citizens or Inhabitants
Of this city or persons doing business therein
may, under the control and regulation OF this
Board, desire to use such basin.
2. No proposition will be entertained which
than twenty-five years. but the city, at the
expiration OF such time, may renew a lease
hold for a like or lesser term, on a basis then
8. Al least one-third Of that area OF the
property, which after Improvement IS not flow
ed by tide water, shall be set apart by the
lessees for the free use Of the city and in such
manner as this Board may determine. and all
propositions and plans and drawings submitted
must define the portion so set apart, and in
gress and egress thereto is to be free and IN
tramneled for the use of the city or its agents.
4. The third Of the property heretofore re-
ferred to, which after improvement shall be
flowed by tidewater, is to be used by the city
in common with the lessee. under such eondi-
tons as may be mutually agreed lpon prior to
s. ~Contemplative iessees must submit explicit
propositions and plans and drawings OF SUM-
Gent detail to be readily comprehended, and
| must hold themselves in readiness to ampilfy
! such plans and drawings If the Board so de-
6. The lessee shall, during the term Of his
| leasehold. maintain in good condition, without
rebate and without cost to the city, all the
improvements made by him, and upon the ter
| mination OF such leasehold the said improve
ments and all Of them shall thereupon become
the property OF the city.
A NAB Of the property may be seen at the
oflce Of the Chief Engineer. City Hall. Jersey
Propositlons must be accompanied by a GER
tilted check of five thousand dollars G5.0a1 as
| 4 guarantee of good faith. or by a bond in like
amount az some surety company authorized to
do business in the State Of New Jersey.
The successful bidder will be required to en-
ter into a bond of fifty thousand dollars ESQ.,
00V. conditioned on the faithful completion OF
contract.
pletion OF. whatever Improvement may be COM
parties making deposit OF the five thousand
dollars $4,000 as a guarantee Of good faith
may also submit proposals for the improves
ment and partial occupancy OF the grant,, based
on lines other than those covered by the com
ditfons afore enumerated.
Proposals must be enclosed and sealed. d-
| rected to nMr. Geo. 7. Bouton, Clerk" and
| called for in the order OF business relating to
The Board reserves the right to reject any
The attention Of bidders is especially called
TO Section Z. Chapter i34 of the Laws of 1891.
under the terms whereof ne contract shall be
binding upon the city. or become effective or
| operative until the bonds offered by the con-
tractor have been approved as to sufriciency
hv this Board and as to form by the Corpora
lion Counsel. the President Of this Board hav-
ing the power to examine the proposed bonds
men under oath
clerk Of the Board or of the Chief Engineer.
At the City Hall, Jersey City, where copies
nav be obtained Of the opinion of the Corpora
tion Counsel as to the power Of the Board in
the premises.
commissioners.
GEO t. BoUroN,
Clerk