Perth Amboy evening news., 1922-09-11
AN ORDINANCE

Providing for the issuance OF sf.VVo
Water Bonds for the City OF Perrin AM
whereas: The Board of Water Commits
sioners of the City of Perth Amooy mas
passed a resolution reciting that IL deems
| necessary the following pipe extensions
and improvements to the existing water
works system owned by the City oil ferth
| Amboy, to wit:
| nue. TO Sayre Ave. SAG feet Of pipe ext.
Keene Street from Kreil Street TO F.
r. r., 500 feet Of pipe ext.
! Raritan Avenue from No, us 10 North
I End, $50 feet of pipe ext.
Barclay Street from Cornell TO Groom
| Street, $50 feet Of pipe ext.
Arnold Avenue from Amboy Avenue to
| tombstone STREE, 1855 feet of pipe ext.
Leon Avenue from Pine street TO east
of Francis Street, $40 feet of pipe ext.
Now. Therefore, Be 1t Determined BY
the City of Perth Amboy:
| Section /. That, for the purpose OF
meeting the cost OF extensions and i'm
provements to the existing water works
system of the City of Perth Amboy, IL is
necessary to raise the sum Of Seven Thou
sand S7, 0O0) dollars.
Section 2. That there be issued pur-
suant to Chapter 1852 of the Laws of l9io,
as amended. bonds of the city Of Perth
Amboy, to be known as water bonds, In
the amount of Seven Thousand $4,000
dollars.
Section 8. That said bonds shall be I'm
such denomination and form and payable
1 Il iAANAPa nv - "a HSNs 80
and at sue htimes and place and bear
interest at UGH rate as may be provided
by resolution of the Council, shall he
signed by the Mayor and the Treasurer,
and attested by the City Clerk under the
Seal of the City, and if coupons for the
paymen of interest be attached they
shall be executed by the fac-simile sig
/. natue of the City Treasurer.
Section 4. The Council of the City OF
Perth Amboy hereby determines and de
clares that the probable period of use
fulness of said extensions, referred to in
the preambles heeof is not less than forty
years.
Section S. There shall be levied in each
year. while any of said bonds shall be
outstanding in the same manner, and at
the anne time as other taxes, a tax upon
all the taxable property of al deity, suf-
ficent to produce the amount of principal
and interet to mature in the succeeding
year, provided that such levy may be e.
duced in any year by any amounts actu-
ally applied to such principal and interest
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 2 of Chapter 252 OF the Laws OF
1916. as amended. together with the state
ment required by the said section and
the City Clerk shall have the power TO
select the newspaper in which IL shall
b published and to specify the date after
which the bonds shall be Issued and de-
livered.
passed on first reading by the following
The foregoing ordinance was ordered
vote: Yea-Sofield, Waters. Patten, Nc
CURE, Clark, Riedy, Calvin. Nay-None.
The Committee on judiciary, to whom
had been referred the letter from Mrs.
Arthur Murish in reference to amount due
Arthur Murish from Samuel Powell, re-
ported as follows: The Council has no
jurisdiction in the matter. and recon-
mends that If thee is any moneys due
Murish. legal steps be taken to establish
said claim, through District Court" which
/ ranprt yyae IN mntinn confirmed.
The Committee on Auto Buses recon-
mended that the application for transfer
of pemit to operate an auto-bus from
John Csoma to John Vereb be granted.
which recommendation was on motion
confirmed.
The Comptroller having audited the
following bills:
Paw Rolls. August LIST. 1922,