Five Mile Beach weekly journal., 1922-03-03
ORDINANCE No. 1874

An Ordinance providing for the improve
ment of Montgomery avenue from Park
City of wildwood. in the County of Cape
May" in the State of New Jersey, BY the
grading and crawling of the same, and
including all work incident thereto.
WHEREAS, it is deemed for the best
interests of the inhabitants and taxpayers
of THE City of WILDWOOD in the County
of Cape May" in the State of New Jersey,
that Montgomery avenue from Park ave
nue. to Susquehanna avenue be improved
at once, by the grading and crawling of
the same, including all work incident
thereto.
AND WHEREAS, there has been sub
mitted TO this Board of Commissioners of
said city, plans and specifications for the
said Improvement above named, made by
l.. NJ. Rice, engineer. which said plans and
specifications have been approved by said
Board.
NOW. THEREFORE,, the Board of
Commissioners of THE City of Wildwood,
in the County of Cape May" in the State
of New Jersey, DO ORDAIN:
Section /. That Montgomery avenue
from Park avenue to Susquehanna avenue,
in THE City of Wildwood. in the County
of Cape May" New Jersey, be improved
by the grading and crawling of the same,
including all work incident thereto; and
such power and authority is hereby given
to said city to make the above named i'm
provements in strict accordance with the
plans and specifications above referred to-.
Sec. 2. That so much of the costs, dam
ages and expenses of the above named i'm
provementS of said avenue, as represents
the special and peculiar benefits conferred
upon the owners of the land and real es-
tate benefited thereby shall be assessed
thereon in proportion to the benefits each
shall be deemed to ave acquired.
Sec. 8. And that for temporarily hnane-
ing the carrying out of the making of the
said improvements above set forth, there
shall be issued by 1.-THE City of Wildwood,
in the County of Cape May" New Jersey,
under Chapter 252 of the Laws of 1916 of
New Jersey, and the acts supplementary
thereto and amendatory thereof, TEN
PORARY IMPROVEMENT NOTES, the
proceeds from the sale whereof shall be
used to pay the costs and expenses of the
above named Improvements for the pur-
poses above set forth and that the said
Temporary Improvement Notes so author
lied to be issued as aforesaid, shall be is
sued in a sum not exceeding the total
amount of the contract and the incidental
expenses allowed by law; and that the
said Notes shall mature in not exceeding
five years from the date thereof and may
be subject to earlier call for payment at
the option of the said City of Wildwood
and shall bear interest at the rate of not
exceeding six per centum per annum; said
Temporary Improvement Notes shall be
executed by the Mayor, countersigned by
the Director of Revenue and Finance and
atteSted by the City Clerk of the said City
and under the seal of said city.
Sec. 4. That this Ordinance shall take
effect on it's final passage and publication
as provided by law.
RALPH L. CARLL,
ALFRED TAYLOR,
Attest: Commissioners
ALFRED wINTERBURN;
Passed first reading February IA, 1922.
Passed second reading February IA. 1922.
Passed third reading and final passage
February rs, 1922.
ALFRED WINTERBURN,
City Clerk.