Department of Water Supply, Gas and Electri The Deputy and Acting Comptroller prese the following resolution: To the Honorable the Commissioners of the S The Deputy Commissioner further the land for the above purpose, and t' the Department shall have the right to work as may be deemed necessary, and tennis court by reason thereof, and days' notice from said Department. The property in question consist square feet and was acquired for ti As a result of negotiations b the applicant, Mrs. Plant, has agr for one year. Mrs. Plant is the south of the City's land in questi I, therefore, respectfully r the Commissioners of the Sin' sioner of the Department of \ C. Plant, of No. 467 West 1 erty which lies between 15 Avenues, containing approx premises at 467 West 152 attached hereto, for the p of one year from May advance; the City to hav work as it may deem n tennis courts by reason from the Commissione Respectfully, rm of the lease, the lessee shall premises in good and proper repair, its thereto during the period of the se such repairs, alterations and improvety of New York. ge of renewal for an additional term of ten right to reject any and all bids if deemed to w York. and the resolution adopted, all the members present JOHN KORB, JR., Secretary. The the foll To ti Brid Aver the OF THE SINKING FUND OF rs of the Sinking Fund, at a Meeting_Held Mitchel, Mayor; Alexander Brough, Deputy Chamberlain; George McAneny, President, rman Finance Committee, Board of Alder 1 7 and 21, 1915, were approved as printed. ate Stock for; Recommended to the Board and Apportionment. on of a Pier at the Foot of 30th Street, Bor tion of a Pier at the Foot of 29th Street, Bor uction of a Pier at the Foot of 35th Street, Borrought up by Unanimous Consent). nounced that the Corporate Stock Budget Committee of Apportionment had just been in session and considered missioner of Docks for issues of corporate stock and recomthe following resolutions: suant to the provisions of section 180 of the Greater New mmissioners of the Sinking Fund hereby recommend to the and Apportionment that the Comptroller be authorized to issue The City of New York to an amount not exceeding four hundred $400,000), the proceeds, to the amount of the par value thereof, e Department of Docks and Ferries for the construction of a pier hirtieth street, Borough of Brooklyn. That, pursuant to the provisions of section 180 of the Greater New r, the Commissioners of the Sinking Fund hereby recommend to the Board ** and Apportionment that the Comptroller be authorized to issue corporate the City of New York to an amount not exceeding two hundred and twentyusand five hundred dollars ($222,500), the proceeds, to the amount of the dae thereof, to be used by the Department of Docks and Ferries for the contion of a pier at the foot of Twenty-ninth street, Borough of Brooklyn. Resolved, That, pursuant to the provisions of section 180 of the Greater New York Charter, the Commissioners of the Sinking Fund hereby recommend to the Board of Estimate and Apportionment that the Comptroller be authorized to issue corporate stock of the City of New York to an amount not exceeding six hundred and thirty-eight thousand dollars ($638,000), the proceeds, to the amount of the par value thereof, to be used by the Department of Docks and Ferries for the construction of a pier at the foot of Thirty-fifth street, Borough of Brooklyn. Which resolutions were severally unanimously adopted. Court of Special Sessions-Lease for, of Rooms in the Corn Exchange Bank Proposed Sale at Public Auction of Property on West First Street, Borough of Brooklyn. The Deputy and Acting Comptroller brought up the matter of the proposed amendment to resolution adopted March 10, 1915, authorizing a sale at public auction of certain property on the westerly side of West First Street, Borough of Brooklyn, at an upset price of $7,000, by changing the description therein by excluding there from any portion of said lands which may be required for the opening of West Second Street and also by changing the upset price to $6,250, laid over at the last meeting. Which was again laid over. 1858 and 1859; and running thence easterly along the south line Street 57.74 feet; and running thence southerly on a line drawn with the said south line of Exterior Street 5.78 feet; and runni erly on a line deflecting 24 degrees 51 minutes 10 seconds to the mentioned line 90.53 feet; and running thence westerly and north line of East 129th Street 25 feet to the point or place of b -for a period of ten years from May 15, 1915. The minimum or up such lease shall be sold be and the same is hereby appraised and fixe dollars ($1,000) per annum, and the Comptroller be and is here! directed to take the necessary steps for conducting such sale, u terms and conditions: The highest bidder will be required to pay twenty-five per c yearly rental at the time and place of sale; the amount so paid rent shall be forfeited if the successful bidder does not execute the it is ready for execution. He will also be required to give an undertaking in the am rental bid, with sufficient sureties to be approved by the C payment of the rent quarterly in advance, and for the performan covenants of the lease. No person shall be received as lessee or surety who is a delir lease from the corporation, and no bid shall be accepted from a arrears to the corporation upon debt or contract, or who is a d otherwise upon any obligation to the City, as provided by law The lease will be in the usual form of leases of like prope in addition to other terms, covenants and conditions, as follows First-A clause providing that the lessee shall pay the usua meter measurements, and comply with the rules and regulations Water Supply. Gas and Electricity. Second-A clause providing that the lessee shall not ma improvements on the property except with the consent and a troller. Third-A clause providing that during the term of the lea whatever buildings may be erected thereon in proper repair, b at his own cost and expense, and shall comply with all the lawCity of New York. Fourth-A clause providing that during the term of the keep whatever buildings may be erected upon the premises in and shall make all alterations and improvements thereto d lease, and that upon the expiration of the lease such repairs, ments shall become the property of the City of New York. Fifth-The lease to contain a privilege of renewal for a years at a rental to be fixed by arbitration. The Comptroller shall have the right to reject any an be to the interest of the City of New York. The report was accepted and the resolution adopted, voting in the affirmative. Adjourned. JOHN K |