The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1902-06-28
STILL NACCING
Board Of Finance Wants to
Dole Out Money Monthly
to the S. & W.
Board.
VERY PETTY POLITICS
$l25, 900 Annually Granted
From the Licenses Ac-
count to Be Disallowed.
VERY PETTY POLITICS.

The conference yesterday afternoon Mt
the City Hall, between the Board of FL
nance and the Street and Water Cons
missioners, at which Mayor Pagan,
Comptroller Hough and Clerk George y.
Bouton Of the Street and Water Board
attended, lasted for about two hours AMI
half and while three things were coii-
sidered only one of them was acted upon
then and there. The officials met for
the purpose of arranging for the pay
ment of the East Jersey Water debt,
$400, 900; the provision of money for the
payment of about $4,000 outstanding
debts of the Street and Water Depart
ment, and arranging for division OF the
license money 10 the credit of the StreeT
and Water Board for street improve
ments.
President Ringle and Commissioners
Lcmlick and Boreck were the only mem-
bers of the nance Board present, while
the Street and Water Board was repre-
sented by Commissioners Heintze,
Hauck, Nolan and Sullivan.
Until this year, when a law passed by
the Legislature changed matters. the
Street and Water Board was always al
lowed each year about S125.0 600 of the
liquor license for street repairs. and the
amount was always turned over to its
credit in the Treasurers Office, to draw
upon. Yesterday. taking advantage of
the new law, the Finance commissioners
informed the Street and Water Board
that, as they were given absolute control
in the matter of allowing just so much
of the liquor license money as they saw fit
they said that in future the Street
and Water Board would be allowed
money from the liquor license account
for street repairs monthly. One of the
Sstreet and Water Commissioners said
this morning that the new arrangement
viii oblige the Street and Water Board
to make visit to the Board of Finance
prior to the beginning of each month and
ask for an amount necessary for the
Boards maintenance for the succeeding
month. He said, too, if the Board of
Finance wished it could cut the amount
as much as it decided. In the matter of
paying the East Jersey water debt it
was practically decided to issue bonds.
nossihly at the meeting of the Finance
Board TO be held on "Wednesday. July p
1t was discovered that of the $4,000
owed BY the Street and Water Board.
$26. 600 of the amount could be paid with
a like amount now remaining in the IL
cense account credit of the Street and
Water Board for the year and that
would leave only about $4,000 to be
provided for. and this amount the FL
nance Commissioners concluded they
would try to provide for at the meeting
July 2.
In issuing the water debt bonds the
Finance Commissioners will provide
sinking fund for their payment
The interest on the debt. which will
amount to about $12.0 900, will be paid out
of the water account. The Street and
Water Boards outstanding debts include
fhe following secured against
the city by Henry Byrnes, $4,000, con-
struction of the Sixth street sewer:
$500, work done improving the South
Cove propery: $1,000, unpaid claims;
asphalting Palisade avenue, Newark ave-
nue. to Hobolen avenue: construction of
a sewer in Grove street and payments
on certificates for ther furnishing of sup
plies for street repairs.
President Ringle of the Board Of Fl
nance. said to a reporter for .sThe
News" this morning that the Finance
Board hoped to find way to arrange
for the payment of the Street and Water
Board indebtedness