The Pleasantville press., 1926-04-20

WHEREAS, the Board of Chosen
Freeholders of the County of At
lantic have heretofore passed a reso-
luton authorizing the building of an
addition to the Surrogate's Office at
Mays Landing, N. j., for the purpose
of furnishing additional offices for
certain employees and officers of the
County, and
Whereas, pursuant to resolution
bids have been asked for and opened
at this meeting, after due advertise
ment according to law
And the lowest bid for doing
the construction work is
the sum OF. f...............$4 $41 ,SS2. 0G
And the lowest bid for doing
the heating work is the
sum of .................... 1854 90
And the lowest bid for doing
the plumbing work is the
sum of ................... $4,000
And the lowest bid for doing
the electrical work is the
sum of Observation-Disclosures. 1,719Oo
And the Board does hereby
estimate that the cost of
Architects fees and inspec
ton will be the sum Of =. $500 90
And the Board does hereby
estimate that the interest
on the sum of money nee
essary to make said i'm
provement during the peri
cd of construction and for
six months thereafter will
be the sum of. 1,25000
And does also estimate that
the cost of issuing the
bonds to raise the funds
necessary for making said
improvement will be the
sum of ................... 1,105 90
And the Board does hereby
estimate that there will be
changes and extras which
cannot now be estimated,
that will cost approximate
ly 1,OOO 90
Making a total OF ........ $53, ,oo000
And whereas, no appropriation has
heretofore been made for said inn
provement.
Now therefore be it Resolved by
the Board of Chosen Freeholders of
the County of Atlan&ic that we do
hereby appropriate the sum OF Fifty
Three Thousand Dollars 1858, 100000
being the amount considered neceS-
sary to finance said improvement,
including the interest which will ac-
crue on the sum necessary to finance
the same during the period of con-
struction and for six months there
after, including the estimated cost
of Architects fees and inspection
and the cost of issuing the bonds to
raise the money whereWith to finance
said Improvement, and
Be it further Resolved that the
money for said appropriation hereby
made and authorized is to be raised
by the issuing of permanent bonds to
be designated Building Bonds" to
bear interest at the rate of four and
onehalf per cent. az 9o) per an
mum, payable semi annually; said
1 i - L1A faI NV bh
officers of this Board, and be issued
pursuant to Chapter 252 of the Laws
of 1916 and the various amendments
thereof and said Act this Board does
hereby determine and declare the
following matters:
A. The period of usefulness is
Thirty 800 years.
b. The average assessed valuation
of the taxable real property, includ-
ing improvements of the County of
Atlantic computed upon the three
next preceding assessed valuations
in the manner provided by Section
10, Chapter 252 of the Laws of 1916
is $S77.329, 9,012.00.
G. The net debt of the County of
Atlantic, computed in the manner
provided in Section IL of the afore
said Act, including the bonds autho-
rized by this resolution to be issued
is $3,S33,321.29.
D. The statements required by
Section 12 of the aforesaid Act have
been made and filed as in said Act
required.
f. The character of the improve
ment to be made for which the bonds
are to be issued is the building of
fire. proof addition to the Surrogate's
Office at Mays Landing, N. j., to be
used as offices for employees and
officers of the County, and
Be it further Resolved by the