Five Mile Beach weekly journal., 1922-11-03
ORDINANCE No. 152


of $25,000.00 BONDS of "The City of
Wildwood, in the County of Cape May"
in the State of New Jersey, for the pur-
pose of acquiring and purchasing two
blocks of ground bounded by Park avenue
on the southeast, Hudson avenue on the
northwest, Young avenue on the south
west and Spcer avenue on the northeast
in said city, and known and designated
as Blocks Numbers III sand 125, on the
official map of said city; and together
with all of the improvements thereon
erected and consisting of grand stands,
bleachers and fences in connection there
with and also for the purpose of making
additional improvements in the immediate
vicinity consisting of drains, sidewalks
and streets; and providing for the prin-
cipal of said bonds and the interest
thereon.
WHEREAS, in the opinion of the Board
of Commissioners of THE City of Wild
wood, in the County of Cape May" New
Jersey, it is necessary and eXpedient and
for the best interests of the inhabitants,
citizens and taxpayers, that the said city
| do provide ground and facilities for the
conducting of baseball it being one of
the necessary attractions for the sum-
mer VacationiSt:
AND WHEREAS, 1t is also the desire
| to provide the necessary facilities for an
outdoor Recreation Center to be used for
athletic purposes or as Fairgrounds by
| the pupils of the public schools of the city
and the public generally;
| AND WHEREAS. the Board of Trade
| of said city having purchased the said
| two blocks of ground described in the
preamble of this Ordinance and caused
the said two blocks of ground to be
| graded and covered with top covering and
| erected thereon the necessary grandstands,
| bleachers and fences at a total cost of
| $40, ,62333 as set forth in an itemized
statement of expenditures submitted to the
said Board of Commissioners;
AND WHEREAS. the said two blocks
| of ground is deemed desirable for the pur-
poses acquired and the improvements
| a.. Tai Nrl1T tn MT
the purchase of the said two blocks of
ground at the said above named price;
AND WHEREAS it is deemed neces-
sary and desirable that additional i'm
| provements such as drains. sidewalks
| and streets be completed at an approx
mate cost of $4,37667 in accordance with
| the city engineers estimate submitted to
said Board of Commissioners and approved
AND WHEREAS. this municipality now
| desires to proceed to acquire and purchase
| from the owners thereof, the said above
| described two blocks of ground, together
| with all of the improvements thereon
| erected and consisting of grand stands,
bleachers and fences in connection there
with and also desires to proceed 10 make
| additional improvements in the immediate
vicinity thereof consisting of drains, side
walks and streets.
Now, THEREFORE, the Board of
in the County of Cane May" in the State
of New Jersey DO ORDAIN:
Section /. That in pursuance Of the
authority conferred by an Act OF the
| Legislature of the State of New Jersey,
entitled IAN Act concerning municipali-
ties" approved March % 1917, and the
acts supplementary thereto and amends-
| tory thereof, the said The Clty OF Wild
wood in the County of Cape May" in the
State of New Jersey, shall have power
and authority and such power and au-
thority is hereby given TO 1t, TO acquire
and purchase from the owner or owners
| +l1a Of ground bounded
| by Park avenue on the southeast. Hudson
| avenue on the northwest, Young avenue
on the southwest and Spicer avenue on
| the northeast, in said city, and known ana
designated as Blocks Numbers III and
| 125 on the official map of said city, to-
gether with all of the improvements
| thereon erected and consisting of grand
stands, bleachers and fences IN connec-
ton herewith and the said city shall also
have power and authority and such power
and authority is hereby given to 1t TO
make the additional Improvements IN the
| immediate vicinity, consisting of drains,
| sidewalks and streets, in accordance with
the city engineers estimate submitted 10
the said Board of Commissioners and
| approved by them.
Sec. 2. That in pursuance of the au-
| thority of the above named act and its
supplements and amendments The CITY
of Wildwood, in the County OF Cape May,
New Jersey, do hereby appropriate the
sum of $25.00000 for the purposes above
named; and that the said sum of S25,-
10000 so appropriated as aforesaid for
said purposes is in the judgment of the
said Board of Commissioners a just and
proper amount of money to be appro-
priated at this time for said purposes.
Sec. 8. That in pursuance OF the sa;1 au-
thority conferred by an Act of the Legls-
llature of the State of New Jersey, entitled
IAN Act to authorize and regulate the
issuance of BONDS and other obligations
and the mourning of indebtedness by
County, City, Borough, Village, Town;
Township or any municipality governed
| by an Improvement Commission" ap-
proved March %, 1916, and the supple
ments thereto and amendments thereof,
BONDS of said city shall be issued in an
amount not exceeding the sum of Twenty
five Thousand Dollars 1925, for, the
purpose of acquiring and purchasing in
the name of the city the said two blocks
of ground bounded by Park avenue on the
southeast Hudson avenue on the north,
west, Young avenue on the southwest and
! Spicer avenue on the northeast, and
known and designated as Blocks Numbers
III and 125 on the official map of said
city and duly filed in the Clerks Office o.
the County of Cape May, New Jersey
together with all of the Improvement:
thereon erected and consisting of granC