Resolved, That the Comptroller be and is hereby authorized and directed to execute a renewal of the lease to the City, from the Long Island City Savings Bank, of the six rooms on the third floor of the building No. 21 Jackson avenue, Borough of Queens, for the use of the Law Department, for a term of three years from September 15, 1902, at an annual rental of six hundred dollars ($600), payable monthly, the lessor to furnish heat and janitor's service, otherwise upon the same terms and conditions as contained in the existing lease-the Commissioners of the Sinking Fund deeming the said rent fair and reasonable, and that it would be for the interests of the City that such lease be made.

The report was accepted and the resolutions unanimously adopted.

The Comptroller presented the following report of the Engineer of the Department of Finance, and offered the following resolution relative to the assignment of Rooms Nos. 1618 and 1619, in the Park Row Building, to the Law Department:

Hon. EDWARD M. GROUT, Comptroller:

June 9, 1902.

SIR-Hon. George L. Rives, Corporation Counsel, in a communication bearing date June 2, 1902, requests that some of the unoccupied rooms in the Park Row Building may be assigned for the use of the Law Department for the storage of records and

old papers.

He states that the Record Room in his office, which is only 20 feet by 25 feet, is becoming seriously overcrowded, so much so, that it is almost impossible for the clerks to move about and to get at papers, as they are required. He suggests that rooms in the Park Row Building, which are leased by the City and not at present in use, might be spared for the purpose, they being convenient to the main office and in a fireproof building.

All the rooms in the Park Row Building now under lease, and for which no application has been made, were on May 23, 1902,turned over to Mr. W. T. Goundie, Collector of City Revenue, to sublet for the benefit of the City. Two of these rooms on the sixteenth floor, known as Nos. 1618 and 1619, together containing about 355 square feet of floor space, and having a rental value of $540.25, I am advised by Mr. Andrew T. Campbell, Chief Clerk of the Law Department, will be suitable for the purpose required.

If the Commissioners of the Sinking Fund should decide to assign these rooms, Nos. 1618 and 1619, in the Park Row Building, for the use of the Law Department, the Collector of City Revenue should be so advised.

Respectfully,

EUG. E. McLEAN, Engineer.

Resolved. That rooms Nos. 1618 and 1619 in the Park Row Building be and the same are hereby assigned for the use of the Law Department for the storage of records and old papers.

The report was accepted and the resolution unanimously adopted.

The Comptroller presented the following report of the Engineer of the Department of Finance and offered the following resolution relative to the compensation to be paid to the City by the Woodbridge Company for a tunnel privilege:

Hon. EDWARD M. GROUT, Comptroller:

June 12, 1902.

SIR-The Board of Aldermen by resolution adopted May 13, 1902, received from his Honor the Mayor, May 27, 1902, without his approval or disapproval thereof, therefore, as provided in section 40 of the Greater New York Charter, the same took effect as if he had approved it, permission is given to the Woodbridge Company, a corporation of No. 100 William street, in the Borough of Manhattan, to construct and build a brick tunnel or passageway through and under Platt street, adjacent to and between the premises of said company at the southeast corner of Platt and William streets, in the Borough of Manhattan, and the building on the opposite side of Platt street, to wit, on the northeast corner of said Platt and William streets, as shown on the diagram on file with the President of the Borough of Manhattan, said tunnel to be constructed of brick and cement, to be of interior dimensions of four feet six inches in width by six feet in height and the top of same to be not less than four feet six inches below the surface of Platt street, as the same now stands, provided the company shall stipulate with the President of the Borough of Manhattan to save The City of New York harmless from any loss or damage to any sewer, gas or water pipe or from any other cause that may arise from the exercise of the privilege hereby conveyed, during the progress or subsequent to the completion of the work of constructing said tunnel and subject to such compensation as may be determined by the Commis sioners of the Sinking Fund.

In reply I would report that it is proposed to locate the tunnel or passageway under the surface of Platt street, 65 feet southeasterly from William street (see accompanying diagram). The distance between curb lines at this point is 17 feet, 10 inches, and the outside width of the tunnel is 6 feet, 6 inches; therefore, the space o cupied is (6 feet, 6 inches by 17 feet, 10 inches) or 115 9-10 square feet, and at $1.25 per square foot, will make the annual rental $144.87.

I would therefore advise a charge of $144.87 per annum for the privilege and $25 for opening the street. Respectfully,

EUG. E. McLEAN, Engineer.

Resolved, That the compensation to be paid to the City by the Woodbridge Com-pany, a corporation, of No. 100 William street, in the Borough of Manhattan, for the privilege of constructing and maintaining a brick tunnel or passageway through and under Platt street, adjacent to and between the premises of said Company at the southeast corner of Platt and William streets, in the Borough of Manhattan, and the building on the opposite side of Platt street, to wit, on the northeast corner of said Platt and William streets, as shown on the diagram on file with the President of the Borough of Manhattan, shall be one hundred and forty-four dollars and eighty-seven cents ($144.87) per annum for the privilege, and a fee of twenty-five dollars ($25) for the opening of the street, to be paid to the President of the Borough of Manhattan; the opening of the street and the relaying of the pavement to be done at the expense of the said Woodbridge Company, under the direction of the President of the Borough of Manhattan, and subject to such conditions as he shall prescribe; provided, also, that the said Woodbridge Company shall give a satisfactory bond for the faithful performance of all conditions prescribed by the said President of the Borough of Manhattan

and by a resolution of the Board of Aldermen adopted May 13, 1902, and received from his Honor the Mayor, May 27, 1902; the said bond to be approved by the Comptroller and filed in his office; and provided further that the right be reserved to revoke such permission at any future time if necessary in the interests of the City.

The report was accepted and the resolution unanimously adopted.

The Comptroller presented the following statement and resolution relative to a transfer of $1,000,000 from "Interest Fund" to "Redemption Fund."

Hon. EDWARD M. GROUT, Comptroller:

June 24, 1902.

DEAR SIR-I hereby certify that the available cash balance to the credit of the "Sinking Fund for the Payment of Interest on the City Debt" at the close of business, June 21, 1902, was $1,426,488.58.

Respectfully,

JOSEPH HAAG, Chief Bookkeeper.

Resolved, That a warrant payable from the "Sinking Fund for the Payment of the Interest on the City Debt" be drawn in favor of the Chamberlain for the sum of one million dollars ($1,000,000) to be by him deposited in the City Treasury to the credit of the "Sinking Fund for the Redemption of the City Debt, No. 1," thereby transferring this amount of surplus revenue of the Interest Fund to the Redemption Fund, pursuant to section 209 of the Greater New York Charter.

Which resolution was unanimously adopted.

The Comptroller presented the following report and offered the following resolu tion relative to the issue of $533,303.27 of Corporate Stock to pay awards and interest in the matter of acquiring title to lands on Lexington avenue, Borough of Manhattan. selected as a site for the Sixty-ninth Regiment Armory:

To the Commissioners of the Sinking Fund:

June 23, 1902.

GENTLEMEN-I am advised by the Corporation Counsel that the report of the Commissioners in the matter of acquiring title to certain lands on Lexington avenue and Twenty-fifth and Twenty-sixth streets, in the Eighteenth Ward, Borough of Manhattan, as a site for armory purposes, pursuant to the provisions of chapter 212 of the Laws of 1898, was confirmed, as to Parcels Damage Nos. 2, 3, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 18, 19, 20, 21, 22, 23, 24, 25 and 26, by an order of the Appellate Division of the Supreme Court dated June 6, 1902, and filed in the office of the Clerk of the County of New York on June II, 1902.

The title to the lands acquired in this proceeding became vested in The City of New York on September 23, 1900.

The amount of the awards, as confirmed by the above order

of court, is..... Interest thereon from September 23, 1900, the date of vesting of title, to July 23, 1902......

$480,453 40

52,849 87

Total....

$533,303 27

-for which amount Corporate Stock should be issued, pursuant to the provisions of section 134 of chapter 212 of the Laws of 1898.

The following resolution is submitted for that purpose.

Respectfully,

EDWARD M. GROUT, Comptroller.

Resolved, That for the purpose of providing means for the payment of the awards and the interest thereon in the matter of acquiring title to certain lands on Lexington avenue, Twenty-fifth and Twenty-sixth streets, in the Eighteenth Ward, Borough of Manhattan, selected as a site for armory purposes, the Comptroller be and hereby is authorized and directed, pursuant to the provisions of chapter 212 of the Laws of 1898, to issue Corporate Stock of The City of New York, in the manner provided by section 169 of the Greater New York Charter, to the amount of five hundred and thirty-three thousand three hundred and three dollars and twentyseven cents ($533,303.27), the proceeds whereof to be applied to the payment of the awards and interest, as aforesaid.

The report was accepted and the resolution unanimously adopted.

The Comptroller presented the following report and offered the following resolution relative to bill of the Martin B. Brown Company for printing and binding the minutes of the Commissioners of the Sinking Fund for 1901:

To the Commissioners of the Sinking Fund:

June 24, 1902.

GENTLEMEN-I present herewith a bill of the Martin B. Brown Company, amounting to $1,043.10, for printing 100 copies of the minutes of the meetings of the Commissioners of the Sinking Fund for 1901, and index to same, and for binding 95 copies of the said minutes.

The bill has been examined and found to be correct and the prices charged are reasonable and just. I offer the following resolution to pay the said bill from the appropriation for expenses of the Commissioners of the Sinking Fund.

Respectfully,

EDWARD M. GROUT, Comptroller.