The Pleasantville press. (Pleasantville, N.J.) 1912-1929, 1923-06-13

An ORDINANCE appropriating money
for the purpose Of making alterations
and repairs to the present school build
ing and for the purpose of purchasing
land n building a new school-house
thereon and properly equlpplng n
furnishing same in the City of North
field city, County OF Atlantic and state
OF New Jersey, and providing for the
raising of money necessary therefor by
the issuing of bonds.
WHEREAS. the Board of Education of
Mortified City has decided that it is
necessary TO raise money to the amount
OF $4,000, for the purpose OF providing
funds WhereWith to pay the cost and eX-
lpenSe Of making alterations and repairs
TO the present school building and for the
purpose of purchasing land and building
a new scnOol-house thereon and properly
equipping and furnishing the same md
have prepared and delivered to the Board
OF Schoo Estimates OF Mortified City a
statement of the amount of money esti-
ma ted for such purposes;
AM WHEREAS, the Board of school
Estimates has fixed and determined that
the sun of SIS. 600 is necessary TO be
raised for said purposes as set forth in
the certificate of said Board of school
Two certificates of such estimate. one of
which certificates has been delivered by
the Board OF School Estimates to the
Board OF Education. and the other to the
Common Council of said City:
Now. therefore,, Be ii Ordained by the
Common Council of the City of Mortified
City:
Section /. We do hereby declare that
the average period for which the bonds
hereinafter provided for may be issued,
under the provisions OF Chapter "a Of
the Laws of 1921. is thirty years.
Section 2. That there be and there is
hereby appropriated the sum OF $4,000
for the purpose OF making alterations and
repairs to the present school building and
for The purpose of purchasing land and
building a new sehool-house thereon and
properly equipping and furnishing the
same.
section 8. To provide the necessary
funds for the purposes mentioned in Sec
ton ?. and for which the said appropria-
ton therein mentioned is made, there
shall be issued by the City of Northfeld
City under its corporate seal, signed by
the Mayor. attested by its City Clerk and
c0InIersiEned by the City Treasurer,
bonds of the City in an amount not eX-
ceedznz $4,000, for the purpose of provid-
iug funds for the payment of the cost
and expense OF making alterations and
repairs to the present school building and
for the purpose of purchasing land and
building a new schooI-hOuse thereon and
uropefly eIuipplng % furnishing the
81 me-; such bonds shall be in the demon
5nat=an of $500. numbered from / to &c,
beth Inclusive. designated school Bond,
bear date the LIST day of july, 1923. and
TO h payable as follows: In the order Of
LhHir serial number at the rate OF two
aonGs per annum beginning with the year
1885,. 70 and including the year 1912.
TfleE shall be coupon bonds beartne. in
refe=t at the rate of 8 per cent, per an
474#44 r#4.r4Ifa semi -an r1f41r-- eafHuaae ia
5a.a--z - facsf,5iia si51e t,iia ~ +be City,
r. $50, IT, n,a4 he regfsfeaad as r.
-+tr@frsi orI- or 3inon surrender of ali
Fl .hgalal 0ii'' , 81 - ~ - nj ragfisfa,ed az, az
10 E+ ~3q = and interest, The shan BE
~ - n at the First National Bank. I'M
~ @ir, If piaasanfvilIs Sta+a al New
- md III Common 9 council of The
or If %or+hfald civ shall APPROPRIATE
a-j nro[fdl nv faxafion in the annual
~ ~ Z II sid CT : sun as mar ma y
s Ne naeessaTv 70 nav the Interest on said
- - - redee5o, theno as ~ ebsii
slt4~aiir becoi9e due and pavabIe. and
-FA rpedf- and faitb of the civ of North
- 81 ma fba inbabitants hereof
T. al h. MEDIA a. he fai+bfai a%nen
- - boondss ami he interesf thereon as
~ zafoe shan becoma due and naVsbIe
Seetion T. Thar The MAYOR. Citg clerk
and cry Treasurer he and they are here
conformity herewith and the CITY Treas
~ - a n ba /. i ! b a r ai1tborized and
ae fhe chief AnanefaI officer is hereby
desianated 10 sell aid bonds ana receive
bonds shall be sold upon sealed proposals
~ EI LLNLEH LILE AN AaE HaLA AAAA