Minutes 03/10/1908 - Laserfiche WebLink

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ReP' March 10, 1908. It would give the Committee pleasure to recommend the additional appropriation re-quested by the School Board, but, considering the condition of the City's finanees at this time, they believe that it would not be advisable to m~ke such reeommendation. Nor do they believe that it would be advisable for the Couneil to authorize the School Board to proceed with the ereetion of a building before mn actual sale of the $30,000 of bonds, intended for it, as has been suggested by a committee from the Boar~d~ shall have been eonsumm~ted, because of the difficultyexpeeted in raisingfunds to meet partial payments on the building as they become due. Refe~-~ed by Board of Aldermen September lyth. To arrange for the issue of $~0,000 of Sehool Bonds, $30~000 of Paving and Street Improvement Bonds, and $110,000 of Sewerage Bonds. It is recommended that the said bonds be now prepared for issue; that they shall bear 4 1/2 per cent interest, payable semi-annually in.July and january; to be sold by the Joint Finance Committee subject to approval by the City Council; and that the City Attorney be instrneted to prepare an ordinance or ordinances for eovering the issue similar to the ordinances for issue of bonds in 1906. (Signed) Jno. H. ~all, Chai~n, 0. C. On motion, the matter of bonds of the Portsmouth Coal & Zee Compar~~ a~d of I. C, Brinkleywas- reeommitted for further inveatlgation, and then the other recommendation o~ the Committee were ad. op- ted by the following vote, the vote b~g the same for each: Ayes--Hall, John H., Watts, Hanvey, Warren, 0orbitt, Welton, Johnson, Buchanan, CulpePPer~ Withy, Hawks~ Tabb, (Present Mr. Wood). Streets-~ Hon. Common Oounell. *entlemen:--Your Street Committee respeetfu!ly reports herein concerning the following matters referred to the Joint Street Committee February 18th and previously: Referred by Board of Aldermen ~ebruary 18th. 'To continue the curbing and guttering on Effingham street, between ~lasgow and North streets. Progress as to same. (With power to act, the Common Council ooneurring). To spend $175, out of the regular appro- pti&rich to Street Department~ for purehase of a street Sl~minkler formerly ~sed on the Jamestown Exposition grounds. Progress as to same. (With power to act, the Common Connoil concurring). ation to Street Department, for repairs on Second street, To spend $90, out of the regular ~ppropri- between Hena~Jand Randolph streets. It is recommended that an appropriation of $190 be made for the following work: To use $100 for eu~bing and guttering the south side of Wythe street, west of Fourth street, and $90 for paving the sidewalk on east side of Second street, between Henry and Randolph streets. Condition of east eorner of No~th and Crawford streets. Progress as to same. We further recommend that we be ~uthorized to_expend, out of the regular appropriation to the Street Department, $280, to be used for constructing two Curb oateh-basins~at the intersection of