Perth Amboy evening news., 1923-12-28

/ DlGAts
Resolution to construct sewer In Hayes
Park;
Resolution to purchase furniture and
equipment for use in Fire Alarm Head
quarters;
Resolution to purchase one "a foot lad
oder for Liberty II. &c l.. truck;
Resolution to advertise for bids for sale
of old steam pumping eng;
Resolution to purchase two files for City
| Comptroller at cost not to exceed $4,000;
Resolution to advertise for light
weight chassis for Nun. light plant;
Resolution to purchase Ford runabout
Resolution to refund $3.50 to David
Torborowsky for return Of bus drives
Resolution 10 advertise for bids for
100,O . gallons of fuel oil for use at Nun.
| light plant; ,,nht
plant at cost not to exceed s4oO.0O'
Resolution to transfer ei,4S!.bS from
salary acct. to S. & S. and Printing and
I Stationery acct;
which were ordered filed.
The following resolution offered by MT
| Waters: .
wit. on December 9th, 1920 ADOPT a feSolu-
| lion authorizing the issuance of Tax Rev
enue Bonds in the amount of Sixty
! thousand dollars (S60, 100000 in antlcl-
nation of the receipt of taxes die and uh-
paid, which became delinquent DeceiNOer
LIST. 1919, and
Whereas additional resolutions have been
heretofore adopted authorizing the renewal
of said bonds from time to time and
Whereas on account of said authority
there is now due and outstanding bonds
Fifteen thousand ($15, 000.0O) Dollars, ma
turing December 18th. 1928 and
whereas there is still approxlIhatel
Ten thousand dollars (s1O,o00.0O) of taxes
for said year 1919 remaining due and uh-
paid. -. tha
City Treasurer be and hereby is directed
l.,ia ~ tho anm OF zen mouse
and dollars ($10, 900. 00) TO be dated De-
cember 10th, 1928 and to mature June
18TH. 1924. and to bear interest at a rate
not to exceed six per cent toFol c,..
Be 1t further resolved that the City
Treasurer be and is hereby directed TO ne
gotiate the sale of said bonds IN accord
ance with the statute, and whlch salq
bonds shall be In such form as near as
may be as heretofore approved by this
council. to be signed by the Mayor ana
countersigned by the City treasurer, ana
attested by the City Clerk under the cor
porate seal of the City of Perth Amboy:
Upon motion of Mr.. Riedy. was adopted
by the following vote. Yea-Sotield,
| Waters, Patten. Mcclure, Clark. Riedy,
Calvin. Nay-None.
The following resolution offered by Mr..
whereas this council did heretofore to
wit: December 9Th, 1920 adopt a resolu-
ton authorizing the issuance of Tax Rev
enue Bonds in an amount not exceeding
Two hundred thousand (S200, 100000 Del
lars in anticipation of the receipt OF taxes
due and unpaid which became delinquent
December LIST, 1920.
Whereas in pursuance Of said resolution
bonds were issued and due payable June
18th, 1921, and
whereas said bonds have been renewed
from time TO time by subsequent resoiu-
tions, and
whereas there is still remaining approx
| imately Nineteen thousand Dollars (S19,-
900. O0) due and unpaid for the said year
1920.
Now therefore be 1t resolved that Tax
| Revenue Bonds In the sum of Nineteen
thousand dollars (s19,999.00) be issued to
replace the said outstanding bonds, to bear
date of December 14th, 1928. to bear in
terest at a rate not exceeding six per cent
(6qo)
Be 1t further resolved. that the City
Treasurer be and hereby is directed to ne
gotiate the sale Of said bonds, in accord
ance with the Statute. and which said
bonds shall be in such form as near as
may be as heretofore approved by this
council. to be signed by the Mayor and
counterslgned by the City Treasurer, and
| attested by the City Clerk under the cor
porate seal Of the city of Perth Amboy.
Upon motion of Mr.. Waters. was adopted
by the following vote: Yea-Sofield. Wa
tiers. Patten, Mcclure. Riedy. Calvin. Nay
None.
The following resolution offered by Mr..
Waters:
whereas this council did heretofore to
I VIZ va WI 1H@As oApBk " ANaIAa
ton authorizing the issuance of Tax Rev
enue Bonds in the amount of Three hum
dred thousand ($s0O. 000.00l Dollars in an
ticipation of the receipt of taxes due and
unpaid. which became delinquent Deem
Der LIST, 1921, and.
Whereas In pursuance of said resolution,
bonds were issued maturing at different
times and
Whereas to reduce the amount outstand-
ing, of the aforesaid bonds by reason of
the receipt of tax Revenues, other reso-
%lutions were subsequently adopted. and
whereas there is due and outstanding
taxes for the year 1921 approximately
Fifty three thousand dollars s53. OO0.OO)
Now therefore be it resolved for the pur-
pose of, reducing the amount OF outstand-
ing bonds that Tax Revenue bonds. in the
amount Of Fifty three thousand dollars
($5S,O0O.O0) be issued as follows. Dated
December 23rd, 1929, and to mature June
gard 1924, that said bonds shall bear in
terest at a rate not exceeding six per
cent (68).
BE It further resolved that the City
Treasurer be and is hereby directed to ne
gotiate the sale of said bonds in accord
ance with the Statute, and which said
bonds shall be in such form as near as
may as heretofore approved by this coun-
Gil, to be signed by the Mayor. and ooun-
tersigned by the City Treasurer. and at
tested by the City Clerk, under the cor
porate seal of the city of Perth Amboy.
Upon motion of Mr.. Riedy. was adopted
by the following vote: Yea Sofleld. Wa
lsAs' tdtteht hlSouiiV, CiaIA' NNiSuy' Ndi-
vim. Nay-None.
The following resolution offered by Mr.
Waters:
Whereas this council did heretofore to
wit: On December 4th, 1922 adopt a reso-
luton authorizing the issuance OF Tan
Revenue Bonds in the amount of FouI
Hundred thousand S400. 0000. 00) Dollars in
anticipation of the receipt of taxes due
and unpaid which became delinquent De.
cember LIST, 1922.
Whereas in pursuance of said resolution
bonds were issued maturing at different
times, and
Whereas in order to reduce the amoun'
outstanding of the aforesaid bonds by
reason of the receipt of Tax Revenues. ant
Whereas there Is due and outstanding
taxes for the year 1922 a11roximately On,
hundred and sixty thousand dollar
Now therefore be It resolved for the
purpose of reducing the amount Of out
standing bonds. that Tax Revenue Bondi
in the amount of one hundred and sixty
thousand dollars (s160, 900. 00) be issueC
as follows. One hundred and sixty thous
and dollars Dated December 14th. 1923 anC
to mature June 18th. 1924.
Be 1t further resolved that said bond
shall bear interest at a rate not to exceed
six per cent $50.
Be 1t nirther resolved that the CIT!
Treasurer be and hereby is directed Il
negotiate the sale of said bonds in &C
cordance with the statute. and which sai(
bonds shall be in such form as near a
may be as heretofore approved by thi
council, to be signed by the Mayor, ant
countersigned by the City Treasurer, ant
attested by the ely Clerk, under the cor
porate sea- OF the City of Perth Amboy.
Upon motion Of Mr.. RIedy, was adopted