Perth Amboy evening news., 1922-07-06

I NTTUWV FTTH DtVdTTHtTT, Held 1T Cnt ITIy
Hall on Tuesday Evening. May 9th. 1929;
FOR CHIEF
Andrew Anderson received s27 votes.
roR FIRST ASST. CHIEF
John Campbell received 52s votes
Ray Jensen received 1 vote.
FOR SECOND ASST. CHIEF
william Langan Received 1874 votes
Robert J. Cotton Received 14s Votes
HARRY TooKER.
Judge of Election.
ATTEST.
Percy G. Palmer.
Secy, Lincoln Engine Co. No. I.
VIM. II Kozub.
SeCy. Washington Hose Co. No Z.
Alfred c. PETERSON.
secy. Mcclellan Engine Co. No. 3
Frank f. Meyer.
secy. Eagle Hose & Chemical 60. No. 1
Chris. r. Jensen.
Secy. Garfield Engine Co. No. S
Jos. F.. Hornsby.
Secy. Protection II. & l.. TO. No. /.
NJ. J, Lakomski.
Secy. Human Fire Company.
Val Baumlin.
Secy. Liberty II. & L. Com. No. 2
was received and ordered entered in the
minutes.
Letter from r. Wayne Parker in ref
erence to taxes on his property on Smith
Street and Front Street. was received and
referred to the Committee of the Whole.
Request of the Board of Harbor Com
missioners for an appropriation of 1000
to cover repairs and remodellng on build
tngs at City Dock. was received and re-
ferred to the Committee OF the Whole
Request for extension of gas main along
along tombstone Street from Neville Street
north, was received. and the City Clerk
was instructed to write to the Gas Com
pany and endeavor to have request com
piled with.
The following ordinance was offered by
full by the Clerk:
Mr.. Waters. which ordinance was read in
An Ordinance to Provide for the Raising
of s67. 900 by the Issuance Of Bonds by
the City of Perth AmbOy, to be Known
As General Improvement Funding
WHEREAS. the City of Perth Amboy
has outstanding Temporary Bonds In the
amount of Thirty-two Thousand Five Hun
dred G32.500l Dollars issued to pay the
city's share of the cost of paving Convery
Place and Brace Avenue. and Temporary
Bonds in the amount of Twenty-one Thou
sand Dollars C21, O00). issued for the pur-
pose of paying the city's share OF the cost
Of paving. High Street. and Temporary
dred Dollars G2,100) issued to pay
city's share of the cost of a sewer on
Lawrie Street. from Groome Street to New
Brunswick Avenue and From Penn Street
to the eastern terminus of Lawrie Street.
and Temporary Bonds in the amount of
Eleven Thousand Dollars ts11 ,O00J issued
to pay the cost of FIRE tractor apparatus
and fire house equipment; and,
WHEREAS, said bonds will mature dur
lHS tHt year lSG@, dHu tncIe VI NJ luhuS
on hand for the payment thereof, and 1t is
necessary to raise the sum of Sixty-six
Thousand Six Hundred Dollars ts66.6oo1.
by the issuance of bonds to provide funds
to redeem said outstanding Temporary
WHEREAS, the cost Of issuing said
bonds will be Four Hundred Dollars $4,000
ORDAINED BY H CITY OF PERTH
Section THAT bonds OF said city be
issued In the sum of Sixty-seven thousand
Dollars, to be designated General I'm,
provement Funding Bonds" which shall
be dated June. Is, 1922. shall bear interest
at the rate of five per centum (b%) per
annum. payable on the fifteenth days of
December and June of each year, and shall
be in the denomination of One Thousand
Dollars t~sl,OoO) each. and shall mature
Four bonds on the 18th day of June in
five bonds on the 18th day of June In
each year of the years 1881 to 1887:
Section 2.-That said bonds shall be In
such form. and shall be payable principal
and interest in such medium and at such
place as may be provided by resolution of
the council, shall be signed by the Mayor
and Treasurer. ~attested by the City Clerk
pons for the payment of interest be at
zach ed they shall be executed by the fac
smile signature of the City ,TEeasurer. ii
Section 3.-The Council OF the city OF
Perth Amboy hereby determines and de-
clares.
VI liS hPio
said Temporary Bonds are Issued Ia sew
enteen years. computed from one year
from the estimated date OF the competitor
of the improvements and acquisition OF
were issued:
(b) That the average assessed valuation
Of the taxable real property dncluding Inn
the next preceding three valuations there
of in the manner provided In section II.
amended, is s23. 20S, 30s.
(c) That the net debt of the City OF
Perth Amboy. computed In the manner
provided in said Section IL, is. $685.
65O.S5.
Cd That the annual debt statement re-
ouired by said Section IL has been made
and filed, and that the supplemental debt
statement required by said section was
made and filed as therein required prior to
the mourning of he-temporary DEBT mere
by authorized to be refunded:
Section 4.-That there shall be levied In
each year while any OF the said oones
and at the same time as other taxes a
tax upon all the taxable property OF the
said city sufficient to produce the amount
OF principal and interest to become uue III
section Said bonds shall be sold by
the City Treasurer In accordance with the
statute and said Treasurer shall have pow
er to fix the necessary details,
Section 6.-This ordinance shall take Ell
Sect sect,o upon y Of CHAPTER 252 OF the Laws Of
1915, as amended. and the City Clerk shall
have power to select tne a news so peec,fx
the date after which the bonds shall be
issued and delivered.
The foregoing ordinance was ordered
passed on first reading by, the following
vote; Yea-Alderme sofeld, Waters. Pat
ten, Mcclure. Clark, Riedy. Calvin. Nay
None.
Motion prevailed that special meeting be
held on May 22nd, 1922, at $50 T. NJ.
| Daylight Saving Time tS:3o p. M. stand
ard time) to adopt the foregoing ordinance
on second, and third and final reading.
The Comptroller having audited the FOL
lowing bills:
c.,.rv N' s99.16
Pai'cs 4,596.o0
poiics pom Ed 1919
Il O4lC iihis w.