Perth Amboy evening news., 1922-03-28

also for the purchase OF one Front Drive
Hook and Ladde Fire Truck. accordnig
Clerk. Said bids to perceived by this
Council at tbs regular meeting held March
9Th, 1922, at 8 o'clock P. M.
was adopted by the following vote: Yea
Waters. Patten, MCGUIRE. Clark, Calvin.
Nay-None.
Motion prevailed tina he Council revert
to Order of Business No. 4.
The following ordinance was offered by
Mr.. Waters; which ordinance was read
in full by the Clerk:
An Ordinance relating to the Taxes for
the year 1922. -.
BE IT ORDAINED BY THE CITY OF
PERTH AMBOY:
That there shall be assed. raised by tax
alton and collected for the fiscal year l922
the sum Of ONE L ONE HUMP
RED FIFTY THOUSAND ONE HUMID
RED TWENTY-THREE AND 22/1oo
DOLLARS ($1, $50, 1928. 22) for the purpose
of meeting the appropriations set forth in
the following statement OF Resources and
appropriations for the fiscal year 1922.
RESOURCES
Surplus Revene Appropriated IS 21,S4l'9p
Miscellaneous Revenes Antic1-
pated l39,olo'oo
Total Anticipated Revenues. 161,160.s5
Amount to be raised by taxes,
as per Budget .s....,.....-. 745.923.22
Total 1901, 0SS.77
Additional Amounts Appropriated
Police ,ooV.oV
Contingent ........s.. 2~,O0U.0O 14,oVV.oo
2 1,Os3.77
APPROPRIATIONS
As per Budget ..............$ 907,0SS.11
Additional IA, 900. 90
21,0s3.77
Local chools for the School
Year July /. 1922 to June
80, 1928 800, 200. 90
1911, 2s0.77
SUMMARY
Amount to be raised by taxes:
Al per budget .,............$ H5,s23.22
Additional .......'....'... i4'VVV'Vv
| Local chools ............... 800, 10000
Tota to be raised by taxes. 81, 150. 1882;
The foregoing ordinance was ordered
! passed on first reading by the following
vote: Yea-Waters, Patten, MCGUIRE. Clark
Calvin. Nay-None.
The following rodinance was offered b!
Mr.. Patten, whcih ordinance was read II
full by the Clerk:
AN ORDINANCE
To pave Buckingham Avenue from
State Street running easterly to the Sta
ten Island Sound and providing for thu
issuance of not exceeding forty-ive thou
sand dollars temporary improvement
bonds of the City of Perth Amboy.
oi1
PERTH AMBOY: .
Section /. That Buckingham Avenu
from State Street running easterly to tn
Staten Island Sound be paved as a loca
Improvement, hte cost of which shall b
assessed upon lands benefited thereby. :
accordance with the plans and specifica
lions prepared by the City Surveyor. eth
err with Warrenite, asphalt block or shea
asphalt, as may hereinafter be determin
by this Council after advertisement an
receipt of bids, including the several mat
ters incident and appurtenant to sal
paving and shown by said plans
Section 2. Said work shall be done ur
der the direction of the City Surveyor
| The Committee on Streets and Sewers an
, : the superintendent of the Street Com
pany.
Section s. The owners of any lands i"
| said street shall within forty days afte
passage of this ordinance. make the neces
sary connections with the water, gas an
sewer mains in said street.
section 4. There shall be issued to NEE
the initial cost of such Improvement ten
porary improvement bonds OF the CITY
Perth Amboy in an amount not TO e.
coed Forty-fve thousand dollars. whic
bonds shall bear interest at not exceedin
! six per centum (6T) per annum, pay
able s~emi-annually. -.
Section S. That the Council of the Cit
: of Perth Amboy hereby determines an
: declares the probable period of usefu
, ness of said Improvement to be not lie.
than ten years from the date OF sal
bonds.
: Section 6. Said bonds shall be in sue
! form as has been provided by resolutio
! ! for temporary improvement bonds OF u
= city of Perth Amboy, shall be signed
! the Clerk under the seal of the City an
: the Mayor and Treasurer and attested !
IL coupons for the payment of interest
attached. they shall be executed by Il
facsimile signature of the City treasure
= bonds may fix any details not fixed !
THE said officers who are to sign u
j, resolution of this Council or by this ord
l. nance.
year while any of the bonds shall be GU
standing, in the same manner and at u
same time as other taxes. a tax in amour
NOT less than three per centum (SFe)
tho principal of such temporary bonds &c
titled to be outstanding iiior to the a.
nual budget in each year, provided tn
such amount may be reduced in any ye'
by the amount of. asse -sments actual
collected snd held for payment OF SUI
d bonds. - :,
hereby is directed to negotiate the sale
d said bonds ascordinS to the Statute.