Perth Amboy evening news., 1923-04-27

BE IT ORDAINED BY THE ClIi Of
PERTH AMBOY:
section /. That necessary changes and
extensions in the fire maintenance anu
Arbo as recommended by the city cleo.
| trician be made and sums APPROPRIATED
therefore as follows; 49,
Police Tel. Switchboard, Horns
and Lights for recall system
new battery racks, Installation rooo
of same ......''''..'.' ~ 'f0'
| Fire Alarm Repeater. Fire house
GonKs and Registers. 20 new
i fire alarm boxes. battery racks, -
installation OF same ......s.'. 12,soV'Vo
Remove present bell tower and $500
erect a new steel tower ...... 2'foo.oo
NeW ,rm beadousrters .......... s,ooo.oo
Line extension TO cover this in
stallation 4'ooo'oV
$50, 900. 90
and the sum OF $4,000 be and hereby is
appropriated to pay the cost OF same.
Section 2. That necessary apps,ssus
Of the city be purchased in accordance
with specifications heretofore or hereafter
adopted by this Council. and tho sum OF
So, 900 be and hereby is appropriate u
pay the cost thereof.
Section 3. That the following streets OF
the City of Perth Amboy, to Wit:
State street; from Market street 20 cor
don street be reconstructed, to wit: Ke-
surfaced with asphalt blocks or other
snitahie material on the present founda-
ton, and that the sum of $4,000 be ana
hereby is appropriated to pay the cost
thereof.
Section 4. That a new city scale be
purchased in accordance with specitica-
tions heretofore or hereafter adopted and
the sum of 1880. be and the same is
| hereby appropriated to pay the cost there
Section s.. That Il is necessary to
raise the sum OF &49,S0O to meet the ap-
4 --1&rt-NInRa afnFaGatd
Section s. Tina there be issued pur-
suant to chapter 252 of the laws OF new
| Jersey of 1915, as amended, bonds OF the
General Improvement Bonds. in the
amount of $40. 500, or such lesser amount
as upon the scale thereof In the manner
provided by law shall produce SAID amount.
Section Z. That said bonds shall be in
such denominations and form and pay
able principal and interest in such me-
dunn and at such times and place and
bear interest at such rate as may be pro
vided by resolution Of the Council, shall be
signed by the Mayor and the Treasurer
and attested by the City Clerk under the
seal Of the City, and II coupons Tor the
be executed by the facsimile signature OF
Section 8. THAT the Council of the City
OF Perth Amboy hereby determines and
declares as follows:
Ca) That the average Of the different
probable periods Of usefulness OF the sev-
eral purposes nere4n enhuiherdteo IS llt-
teen years.
(b) That the average assessed valua-
ton Of the taxable real property (includ-
ing improvements) of said City computed
upon the next preceding three values
thereof in the manner provided IN Sec
ton IL of Chapter 252 OF the Laws of
1915, is $27,o 7 ,152. 90.
(c) Tina the net debt OF the City OF
Perth Amboy, computed in the manner
provided in said Section IL, Is $780,
1899.
(d) That the annual and supplement-
ed debt statement required by said sec
ton IL. have been made and filed as here
in required
Section .. There shall be levied in
each year. while any OF said bonds shall
| be outstanding. in the same manner and
at the same time as other taxes, a tax
upon all the taxable property of said city,
sufficient to produce the amount of prin-
cipal and interest to mature in the sue
ceeding year.
Section 10. This ordinance shall take
effect upon its publication as provided by
section . Of chapter 252 of the Laws Of
1915, as amended together with the state
ment required by the said section and the
City Clerk shall have power to select the
newspaper in which II shall be published
and to specify the date after which the
bonds shall be issued and delivered.
The foregoing ordinance was introduced
and passed on first reading at the mest-
ing of the Council OF the City OF Perth
Amboy, N. j.. held April card. 1923. and
will be considered and taken up for sec
ond and third readings and final passage
at the meeting of the Council to he held
Monday May 9TH. 1923, in the Council
Chamber, City Hall. Perth Amboy, n. ].
Dated April 26th, 1898.
PHILIP P. COSTELLO.
e4o9s-4-2I-5-4 City Clerk.