Perth Amboy evening news., 1922-03-09
AN ORDINANCE

An Ordinance to pave Gordon stree'
from Rector Street to Front street; Har'
rison Place from State street 20 tiisL
Street; Woodruff Place from Hlgn S. ~
to Rector street; Park Avenue from broah
Street to Washington Street; Lehign ave,
nue. from Prospect street to the lanas %
the Lehigh Valley Railroad COMPANY
Grant Street from Market ssrees 70 Ton
stanford Street to its westerly terminus
and providing for the issuance OF not ex.
ceeding $l21 900 Temporary improvement
a Bends f. Of or shs az Of 81 rsr' The n%S CITY or
Section t.. -That Gordon Street from
Rector Street to Front Street, Harrlson
Place from state Street to High Street
Woodruff Place from High Street to Rec,
tor Street.; Park Avenue from broso
Street to Washington street, Lenign AFs.
nue. from Prospect Street to the ianos 81
the Lehigh Valley Railroad
Grant Street from Market Street to rs
southerly terminus: Fayette Street frofn
Stanford Street to its westerly ternlhus
be paved as local improvements, the CO..
of which shall be assessed upon lanes
benefited thereby. in accordance with tne
plans and specifications prepared by ths
City Surveyor, either with Warrentse'
Asphalt Block or Sheet Asphalt as msy
hereafter be determined by this CounciI
after advertisement and receipt OF pids
including the several matters lnc1den,
and appurtenant to said paving and shown
Dy edlQ plans.
Section 2. Said work shall be done under
the direction of the City Surveyor. the
on Streets and Sewers ana inc
superintendent Of the Street Commi
sioner.
Section 8. The owners Of any lands on
said streets. shall. within forty days al
Yer passage of this ordinance. make the
necessary connections with the water, gas
and sewer mains in said streets.
Section I. There shall be issued to meet
the initial cost of such Improvement teW-
porary Improvement bonds OF the CITY -
Perth Amboy. in an amount not TO sA-
| coed One Hundred Twenty-one (s1el, ooo)
Dollars, which bonds shall bear interest,"
at not exceeding six per centum (eTe'
per annum, payable semi-annually.
Section s. Said bonds shall be IN such
form as has been provided by resolution
for temporary Improvement bonds OF the
City OF Perth Amboy shall be signed py
the Mayor and Treasurer, and attested
by the Clerk under the seal of the City,
and If coupons for the payment of inter-
est be attached. they shall be executed
by the facsimile signature of the City
sign the bonds may nx any details not
fixed by resolution of this Council or nv
this ordinance.
Section s. There shall be levied in eacn
year while any of the bonds shall be out
standing. in the same manner and at the
same time as other taxes, a tax in amount
not eess than three per centum (39S) OF
the principal of such temporary bonds
certified to be outstanding prior TO tina
annual budget in each year. provided that
such amount may be reduced in any year
by tho amount OF assessments actually
collected and held for the payment of
such bonds.
Section Z. The City Treasurer be and
hereby is directed to negotiate the sale
OF said bonds according to the Statute.
The foregoing ordinance was introdu-
eed and passed on first reading at the
meeting of the Council of the City Of
Perth Amboy. N. j.. held March s, 1922.
and will be taken up for second and
third readings and final passage. at. the
nesting OF the Council to be held March
20. is22, in the Council Chamber, CITY
Hall. Perth Amboy. N. J.
Dated. March ., 1922.
A.. 4. GRAHAM.
llssl-5-s-16-l8 City Clerk. .