The Bridgeport evening farmer., 1909-06-11
(Oficial.) COMMON COUNCIL MEETING


 A regular meeting of the Common Council was held at City Hall, Mon day evening, June, 7, 1909-
 His Honor, Henry Lee, Mayor, pre- sided.
 Present-AIderrncn Wilson. Wilder. Gould. McMurrayl Mafoney, Cassidy. Bertilson. Fletcher. Near. Brock, Bull lard. Griffin. Carroll. Conner, Finlan. Thomas, O'Connell Hartley, Primrose. O'Neil. Feyrer, Tague, Meyer and Zink. On motion the minutes of the prev ious meeting were approved without reading.
 MAYORS MESSAGE. The following message was received from His Honor, the Mayor:
 In compliance witt the provisions of the City Charter, it becomes my duty to transmit to you my second annual message relative to the situation, state and condition of the city, its govern ment, finances and improvements, at close of last fiscal year.
 FINANCES.
 The financial affairs of any corpora ton are, perhaps, the most important, and municipal corporations, like the city of Bridgeport, form no exception to this general rule
 The following summary of the city'S financial condition. at the close of the last fiscal year, wills prove interesting to every taxpayer: STATEMENT OF CITY INDEBTED
 NESsFIRST DISTRICT. Funded debt April l., 1909, ss4. 900 co Amount of. Sinking fFund
 on said date, 107,6S6 95 Net funded debt on said
 date, $776,313 05 Cash in treasury on said
 date. less amounts to
 credit of specific ac-
 counts, 21,7s7 57 Net debt on.April 1, 1909, s754545 4s Net debt on April 1, 1908 ITS, ,S51 42 year, 25.so5 s4 SECOND DISTRICT. N Funded debt. April l. 1909, s1, ,S25. GOO co Sinking fund, April l, 1909. 35S. 309 32 Net funded debt on said debt, 5000 % Total debt April 1, 1909. : 1,690 6S Cash in treasury said
 date less accounts to
 credit of specific accounts 6.S16 56 Net debt on Aprils 1, 1909, $ 934,S74 12 Net debt on April l. 1908, 761, 1902 70 year. 17s,o71 42 Total. net debt of city in both dis On April 1. 1909. s1,sss,41s 60 On April 1, 19OS 1,541, ,654 F Increase of debt during
 year. $ 147,765 4s STATEMENT OF FUNDED CITY
 INDEBTEDNESS- DISTRICT. Consolidated bonds, issued
 January l, 1894, maturing
 Jan. 1, 1920, 4 per cent. $ 2S0,000 % Improvement bonds, No. 1, serial issued July 1, 1901,
 s10,OoO, maturing yearly, ing. sso. 900 % Municipal building bonds.
 serial issued July 1, 1899, [. s10,OO0 maturing yearly
 ing, 4s.ooo % Reissue bonds, serial. 8 1-2
 per cent, issued July 1, .ssa.. -k 1905, $2,000 maturing year.
 ly,- outstanding 135, ,000 co Betterment bonds, serial, T 1-2 per | cent. issued May l. 1905, g, GOO. matur-
 ing yearly. outstanding, 74,000 % Improvement bonds, No. 2, .F serial, 4 per cent, issued
 August 1. 1907, s1o00o.
 maturing yearly, out standing. 5000 % Voting machine bonds. Ser
 ial, per cent, issued
 Oct. 1,<190S, 1900, matur-
 ing yearly, outstanding, .1s,ooo co Total funded debt on April 7 1, 1909, sss4.0oo %
 SECOND DISTRICT. Municipal bonds, issued
 July l. 1885, maturing cent. s125.ooo %
 
 July 1. 1919. per cent, 100000 % Consolidated bonds, issued
 January l. 1894, maturing
 Jan. 1. 1924, per cent 22o,ooo % Redemption bonds, serial.
 issued July g. 1900 S6OOO,
 maturing yearly, 1-2 per
 cent, outstanding, 72, 900 co Yellow Mill Bridge bonds,
 serial, issued July 1, 1901
 S5.0G0, maturing yearly,
 ing. 5s.ooo % Fire department bonds, se-
 rial. issued April l, 1906,
 S2.0O0 maturing yearly,
 8 1-2 per cent, outstand-
 ing, 56, 900 co Improvement bonds, No. 2
 serial. issued Aug. 1, 1907,
 s1O.O00. maturing yearly,
 per cent, outstanding, 337, 900 % Total funded debt on April
 1, 1909, s1,s25. 900 co