Waterbury Democrat., 1902-01-07
THE MESSAGE.
Mayor Ki1daff Read His First Message To the Board of Aldermen of Great
 CT Waterbury Last Night.

The people of this city have shown | care the management of their munich pal affairs for the coming two years | The last city government had the dis tinction of taking under it's direction l the department of education. This government will have the distinction of operating the City of Waterbury under the recent act consolidating the town and city governments. The duties and responsibilities that have been in trusted to us. and which we are pledged to perform, will require the exercise of our best judgment and ability. The much agitlted question of consolidation is a reality, and it is for us to give the same a thorough and impartial test There can hardly be any question but that it has coire to stay. We will be called upon during our term of office to consider and solve many questions that have heretofore | been foreign to us. Let us hope that our work in this direction will be of such a character as will rebound to the credit of the city and to ourselves. FINANCIAL. | The indebtedness of the city Janu- | tlA Os 4CO-, lS lS 1Ol1Oh6-
 First Taxation District.
 (Formerly Town of Waterbury.l Temporary loans outstanding l October l, 1901:
 1S93-4
 Oorder No $, Dime Savings
 bank, 41k per cent $1O,O00.00 Order No 326, Dime Savings
 bank, I F per cent 1o.0Oo.Oo Order No 2666, Dime Savings
 bank. H. per cent 100000
 1S94-5.
 Order No 1925, Dime Savings
 bank, 412 per cent lO,0OO.Oo Order No lT31, Dime Savings
 bank. Az per cent lO,ooO.O0
 1S95-6.
 Order No 1866, Dime Savings
 bank, 41a per cent 100000 Order No 2123, Dime Savings
 bank. Az per cent 100000
 1S96-7.
 Order No 1o, Dime Savings
 bank, 41a per cent l5,ooooo 1S97-S.
 Order No S9S, Waterbury Saw
 ings bank, 4 per cent 5,9lo.2o Order No 1907, Waterbury Saw
 ings bank, 4 per cent 6,764.Sb
 1S99-19OO.
 Order No 279S, Manufacturers
 National bank, per cent 25OO.0O
 Total. $103, 1S0. Il Temporary loans made since
 October l, 1901, to meet cur
 rent. expenses of town from
 said date to January 6, 1902:
 October II, Manufacturers
 National bank, 37s per
 cent. S.O.OOO Oo November 30, Manufacturers
 National bank, per cent 2O.OOO.UC December. Manufacturers Ma tional bank, 2o.oooot Total. G5,oOOoC I Total temporary loans out f standing January 6, 1902. Sl6S lSO.l II > BONDED INDEBTEDNESS. !. Court house per cent bonds: t First series, payable January ! I. 1903. SIS, ,OOO.Ot l. Second series, payable January I l, 1908, lo,OOO.u' ;, IT 1913. 15,oOO Ut l. Total bonded indebtedness, $45,ouO.OC | Total indebtedness of First
 district, Szl5, lou.l-
 The city treasurer is directed by Jh' {, consolidation act to pay as soon a I possible after this date all teD'porar, 5 loan orders issued by the selectmen q meet the necessary expenses of th
 town from the first Monday in Octo
 Der 1901, to the first Monday ill Janu
 ary, 1902 An appropriation ha
 been made for this purpose. Your honorable board has powe
 under authority from the general as F sembly, to issue funding bonds, for tn , purpose of taking up the $lO3, 1SO.l1 C temporary loan orders. 2 Second Taxation District. : Bonded Indebtedness. : Water bonds, second seriess g Az per cent, p2OOOO.U
 Water bonds, third series,
 per cent, 4S5,OOU.O ! Water bonds, fourth series, per. cent. 2o0,OOo.O s Water bonds, fifth series, 3h
 per cent, l25,ooO,O : Total water bonds outstand- ing, SS3O, ,OO0.O Il Sewer bonds, 4 per cent, $lO,OOC.O : Funding bonds, 31A per cent, 100,000.J s School bonds, per cent, l90,U00.O e School bonds, 37a per cent, 30o,O00.1 ' Total bonded indebted
 ness, $l,56O.cO0.O n Temporary Loans Outstanding. Y Bronson library, order No f 655, S25.C00t s Total gross indebted : ness, Sl,5s5, ,oOOt : Less amount in water bond !; sinking fund, estimated, $40 150.( Less amount in school bond
 sinking fund, estimated, 2,0O0.t :, S12,75O.l Il Total net debt second district, U $1,o12, ,250.( '0 Total net debt December .S1,
 1900, $1,3S6,3 ,3O2.t If Increase of indebtedness dur r. ing year 1901, 125,31S.t e School bonds to the amount of $;S1t
 O00.OO were issued during the year, Il ,s proceeds from which were used in ta ,r ing up $26O,O0O00 ill the purchase of . site and the erection of new schoC = house in the north eastern section
 the city.
 es $125, 100000 of water bonds, fir 5. series, interest BIZ per cent. were