Perth Amboy evening news., 1923-04-21
COUNCIL MINUTES
Proceedings Of the Board of Aldermen
the City Of Perth Amboy,. N. j..
March 2srd.. Iee:

March 2srd. 1923
Adjourned meeting of the. Council Of TIL
City of Perth Amboy, N. J., held Mdrei
card, 1898. adjourned from March 18th
10 Is nal, AZ at the m saas,s, w Tsrs P ssss1
Mcclure. Clark, Riedy and Alderman-at
Communication from Samuel Mandei IL
reference to the use of old brick. wns re,
ceived and referred to the Committee or
| Streets and Sewers.
sdopted by the Lions Club. endorsing the
Public School Safety Patrol. was received
Communication, from the Chief OF Pc,
| lice, requesting c~ollectio nof claim against
| Cornelius Greed. was upon motion Of bIr
sofeld referred to the Collector OF Rev
Application Of John Resko for transfe
OF auto-bus from Michael Boouar. was
received and referred to the Committee
The constable bend of John Kizidss. ap-
proved as TO fora by the City Attorney.
Riedy was ordered fled by the following
voce. Yea-Soield.. Waters.a Patten, Me-
Cure, Clark, Risdy Calvin; Nay-Nore
prene Court on Certiorarf, case OF Joseph
e. Hornsby VS.. Board of Aldermen OF the
boy VS.. James A. Mullen. was received
and upon motion of MFR. Waters. was err
dered hled by the following vote: Yea
Soteld, Clark. Riedy.
The following res9lgti9n was rscsived:
Resolved that the Board of School Esti-
mate of the City of Perth Amboy does
hereby fix and determine that the sum of
Two Hundred. and Fifty Thousand Dollars
$3.50. Oo0.0o) is necessary. to be appropri-
ated for the purpose Of erecting and fur
nishing a school building on the block
Arnold Avenue, and Jacques Street In the
City OF. Perth .Amboy." .
Affirmative vote of the following.
Above resolution vas adopted by the
CHRIS ANDERSEN
R.. j. CALVIN
A. CLAYTON LARK.
Members-School Board of Estimate
Mr.. Waters, Chairman of the Finance
Committee, in making the motion to lay
this matter on the table, made the follow
Ing comment:
THAT this request was for the amount
of $3.50, 100000 and the Supplemental Debt
Statement which will be subsequently, read
will show the debt to be 6.71% providing
means in money about $4,000. and IL
there Is added the amount of money that
ments which we might have made or
s6s.6oo. This would give us but about
$4,000 and OF course we are unable to
grant the request of the Board of Esti-
no alternative. and will have to lay this
matter on the table until such time we
dIo uuhnCidIy dDle.
MT. Clark in seconding the motion
stated that there was no other way that
the City can raise sufficient money up the
$4,000 and that he will take the stand
that no other money be spent until the
school is built. outside of the removal of
the fire bell In State Street. which Is a
menace as IL now stands.
The resolution was laid on the table by
the following vote: Yea-Soheld, Waters,
patten, Mcclure. Clark. Riedy. Calvin.
The following Supplemental Debt State
ment was received.
SUPPLEMENTAL DEBT STATEMENT
which amends the New Jersey General
Bond Act of 1916 Chapter 252. P. L. 1870
a supplemental debt statement under oath
BIO made by the chief financial officer and
must be filed with the clerk of the NUM-
cipallty lin the case of a county. with
the Cler kof the Board of Chosen Free
holders) prior to the passage of every or
dinanceJ or resolution authorizing notes or
bonds under that act. including Temporary
resolution authorizing notes or bonds, (a)
for funding. (bl for refunding, (cl fer
the supply Of water. td1 for bikes, bulk
The amendment OF 1917 does not require
that. any debt statement be filed prior to
1916. but 1t does provide (Seotion II. sub
division y that an appropriation must be
made sufficient to meet the cost of carry
Ing out the provisions of contracts which
are to be financed by notes or bonds un-
der the act, and this in effect is deciara-
tory to the common law of the State that
a contract cannot be let unless provision
Is made for financing It.
State of New Jersey,
County of Middlesex, IS.
Edward j. Dalton being duly sworn de.
.peponent is the Comptroller of the City
q stb Perth man HmsGy, ~ n; and j.; he, h=ere ab,s, sDs called
officer thereof. The Supplemental Debt
Statement annexed hereto and hereby
made a part hereof is a true statement
on the date hereof and is computed as
provided for the annual debt statement
BY Chapter 252. p. L., 1915, as amended.
EDWARD j. DALTON.
220 Kearny Avenue,
Perth Amboy. N. j.
OF this first day of March, 1923. "
EVA RICHARDS,
Notary Public, N. j. Hf
Received March 81. 1923, Perth Amboy. |
a. ~ The net debt of the munich
pality as stated in subdivision C of the
annual debt statement last filed is ST.
"a. The amount by which such net
debt has been increased is 329,215.S4. =.
statement Is 1920, s31.7Z,
B.; The amounts and purposes eepa-
retely itemized OF the bonds or notes
deductions which may be made on ac-
count Of each such item
faFlnR westerly portion OF new BRUINS
wick Avenue, $50. 900. 90.
ReIairs and changes to Fire Mainten
ance and Police Call System, go, 100000
Streets and Sewers Equip 100000.
Street Repairing, 10, 10000
Purchase OF City Scale 1900 90
Total under this Item 3. $4,000
c. The net debt of the municipality
after the indebtedness TO be authorized
has been incurred Is 1880, 4S1.77.
D. The three next preceding assed
valuations of the taxable real property
including Improvements of the munIci-
pallty and the average thereof Ia as fol-
lows.
1921 Assessed valuation 25 .632,475.0o
1920 Assessed valuation 90, $50. 10000
1922 Assessed valuation 27,423s 1890.
Average of such assessed valuations,
25,1s1, $1,000,
4, The percentage that the net debt
as computed under subdivision G hereof
bears to the average assessed valuation
computed under subdivision D hereof is
as follows:
6.71 plus per cent. (s.71go) plus
and upon motion of Mr.. Riedy was order
ed spread on the minutes by the follow