The Pleasantville press., 1927-01-14
NOTICE..

WHEREAS. the. Board of Chosen
Freeholders of the County ofAtantic
have heretofore passed sundry resolu-
tons authorizing the reconstruction OF
Albany Avenue highway bridge span
ming Inside Thoroughfare at Atlantic
City terminal of the PleaSantville Bou-
leVard, Atlantic County. New Jersey,
and have approved plans and speciil-
cations for the reconstruction of said
bridge and advertised for bids for
building the same.
And. WHEREAS, pursuant
to advertisement asking for
bids, the same were receiv-
ed and opened on Wednes-
day, the 18th day of Decem-
Der, 1926. and the lowest
the the sum sun Of of ............... .' $4S2, 1900
And the Board does hereby
estimate that the cost OF
engineering and inspection.
including a proper propor-
ton of the compensation,
salary and expenses of the
engineering staff properly
men ment Vii viii be S the the sum sum Of. 100000
And the Board does hereby
estimate that the interest
on the sum of money neccs-
Sary to make said improve
ment, during the period of
construction and for six
months thereafter will be
the sum of ............- 39,S1o.00
And does also estima;e that
the cost of issuing the
bonds to raise the funds
necessary for making said
sum of ................. 100000
And the Board does hereby
estimate that it will be
necessary to provide a pom
toon bridge in connection
with the building of the
main bridge for the pur
| pose of providing conmun-
ication from one end of
new bridge to the other
and to be used as a detour
for travel during the period
of construction, which pom
toon bridge is necessary to
facilitate the work of con-
/ structing the new bridge,
the cost of which pontoon
bridge has not yet been def
initely ascertaincd. but bids
have been called for to be
opened at the next meeting
of this Board and the best
estimate the Board can
make at this time IS the
sum OF ............ 1oiuUu,Uo
Making a total of ..... S5S2. 90
And. WHEREAS. no appropriation has
heretofore been made for said i'm
provemcnt.
NOW, THEREFORE, BE II .ItE-
SOLVED by the Board of Chosen
| Frecholdcrs of the County of Atlantic
that We do hereby appropriate the
sum of Five Hundred Eighty-two
Thousand Dollars ($582,000.00) being
the amount considered necessary to
! finance said Improvement. including
the interest which will accrue on the
sum necessary 10 finance the same
during the period of construction and
for six months thereafter. including
the estimated cost of engineering and
inspection, including a proper proper
.tion Of the compensation, salary and
expenses of the engineering staff Of
the County properly chargeablc to tins
| Improvement, and the cost of issuing
with TO finance the Improvement, and
provide pontoon bridge during the
bridge is pecessaTy TO provide in or
der to construct said bridge and TO
provide u dctour for traffic during the
period of construction.
And BE 1T 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 Bridge Bonds"
to bear interest at the rate of f12 per
cent GlS2C) per annum, payable semi
! annually; said bonds TO be executed
| by the proper officers of this Board
| and be issued pursuant to Chapter 252
! of the Laws of 1916, and the various
| amendments thereof and supplements
| thereto, and in compliance with the
| requirements of said Act this Board