Perth Amboy evening news., 1922-09-01
CITY ADVERTISEMENT
Ordinance Providing for the Issuance
Of $1,000 Water Bonds for the City of
Perth AmbOy

Of $1,000 Water Bonds for the City Of
Whereas, the Board of Water Commits
r!oners of the City of Perth Amboy has
passed a resolution reciting that 1t deems
and improvements to the existing water
works system owned by the City of Perth
Amboy. to wit:
Packer Place from New Brunswick Ave.
to Sayre Ave. 542 feet of pipe ext.
Keene Street from Kreil Street to p. r.
r., 500 feet of pipe extension.
Keene Street from Amboy Avenue to
Chester Street, 500 feet of pipe extension.
Raritan Avenue from No. ia to North
End. $50 feet of pipe extension.
Barclay Street from Cornell to Groom
) Street. $50 feet of pipe extension.
Arnold Avenue from Amboy Avenue to
LeoD~ Avenue from Pine to East of
: fTaf5ls Street. go feet Of pipe extension.
NOW THER G;T2 Fl, BE 1T Tu o iMAdy
Section i. That. for the purpose OF
meeting the cost of extensions and i'm
provements to the existing water works
Necessary to raise the sum of Seven Thou
Z Section 2. That there be issued pur-
suant to Chapter 252 of the Laws of 1916.
Is amended bonds of the City of Perth
Amboy to be known as Water Bonds. in
the amount of Seven Thousand E"ooo)
Section 8. That said bonds shall be in
such denomination and form and payable
principal and interest in such medium and
Il such times and place and bear inter
ut at such rate as may be provided by
resolution of the Council. shall be signed
BY the Mayor and Treasurer and attested
BY the City Clerk under the Seal OF the
City, and IL coupons for the payment of
interest be attached they shall be executed
ny the fac-simile signature of the City
Treasurer.
& section 4, The Council of the City of
Perth Amboy hereby determines and de-
FLARES that the probable period OF use
3ulness of said extensions, referred to IN
The preamble hereof is not less than forty
! Section s. There shall be levied in each
pear, while any of said bonds shall be
outstanding, In the same manner and at
the same time as other taxes. a tax upon
MI the taxable property of said city. sur
dcient to produce the amount of principal
and interest to mature In the succeeding
year. provided that such levy may be re-
duced In any years by any amounts &C
eually applied to such principal and inter
est out Of the earnings of the water
works system for said year.
Section 6. This ordinance shall take
effect upon its publication as provided
BY Section Q OF Chapter 252 of the Laws
" 1916, as amended, together with The
etatement required by the said section and
The City Clerk shall have the power TO
select the newspaper In WHICH II shall be
published and to specify the date after
which the bond, shall be issued and
delivered.
introduced August a. 1922.
Passed August 81. 1922.
Approved August 81, 1922.
The foregoing ordinance was passed on
August 81. 1922, and approved by the
Mayor on August 81. 1922. me bonds
authorized thereby will be issued and de-
iivered after the 21st day of September,
1922. and any suit, action or proceeding
to set aside or vacate this ordinance must
be begun within twenty days after the
publication of this statement.
Dated, September l. 1922.
A. f. GRAHAM,
iT0o5-s-1-1t City Clerk.