The Barre daily times. (Barre, Vt.) 1897-1959, 1914-02-02
According Figures Pres
sent, - School Com
mlssloners
WHO ADVISE BOND
ISSUE OF $4,000
With Addition of $1,000 Re-
ceived from Sale of Beck
ley Street School

That the new North Barre schoolhouse
ls to cost S4s,000 instead of an estimated
sum considerably under that figure,
which was voted at a city meeting early
IN 1913, was disclosed at u special meet
ling OF the city council Saturday after
noon, when the clerk read letter from
the secretary OF the school commission
advising the council that bonds to the
amount OF $4,000 will be required to
ipay for the structure. To this sum the
commissioners asked that the $4,000 ac.
quired from the sale OF the Becklev
street building and lot be added in order
to make up the new building fund. The
mayor, the clerk and the chairman of
! the finance committee were instructed
to draft a resolution authorizing the
fioating OF a 20 year four per cent. bond
issue for $4,000
| When the matter OF the new school
house was threshed out in city meeting,
/ it was estimated that the cost of the
North Barre building would be S43. 500,
and that the cost of the proposed addi-
tion to the Spaulding high school build
ing would be $4,000 As result Of
| those estimates and the vote to build
both structures, the voters authorized
Jlle issue OF SiI ,0UU bonds.
The letter from the secretary of the
commission to the city clerk follows:
AT a meeting of the board of school
commissioners last night was instruct
ed to advise the city council that city
bonds to the amount Of $4,000 will be
required to pay the cost of the new
North Barre building and grounds; this
conditional that the funds from the sale
OF the Beckley street building and one
lot be applied to the new school build.
ing fund.-
The council convened after the board
of aldermen in special session had rat
fled the report OF Water Supt. Fl. f.
Reynolds. In addition to acting upon
the communication from the school com
missioners. two resolutions were passed
to second readings One relates to
temporary loan OF $4,000 in anticipa.
tion OF the 1914 taxes and the other is
a departmental appropriation of 1850.
which is supplementary to the depart
mental appropriation of S3l 900 made
at the beginning of the year Late in
the afternoon the council went into ex-
ecutive session.
The resolution contemplating tenn
porary loan is given below:
Resolved. That the mayor, treasurer
and chairman of the finance committees
be and they are hereby authorized and
empowered to pledge the credit of the
city in anticipation of all taxes of the
present year. 1914, in sum or sums of
money not to exceed $4,000, in all: in
such sums and at such times as the
needs of the city may require. or as
the city mayor. city treasurer and chair
man Of the finance committee may deem
necessary or expedient; and to give the
note or notes of the city therefor, pay
able Aug TO- 1914, at such rate of in.
terest or discount as may be satisfac-
tory to said mayor, treasurer and chair
man OF the finance committee; said note
or notes to be paid from money received
from 1914 taxes.
And all acts and agreements signed
BY said mayor, treasurer and chairman
of the finance committee in procuring
said loan or loans are hereby ratified
and confirmed"
The departmental appropriations reso-
luton was read and passed to a second
reading as follows: Resolved, That the
following sums of money and the same
are hereby appropriated to the various
hereinafter set forth, and
together with any amounts that may be
hereafter appropriated this year shall
constitute the funds against which war
rants shall be drawn and paid during
the fiscal year. 1914; said money to be
taken from any now in the city treas.
ury or that may be hereafter added
thereto:
Lighting streets ........... $500
Sidewalks ............ 800
Bridges and culverts .... $50