HomeMy WebLinkAboutCOMM - Meeting Minutes - - 5-21-1928 - COMMISSIONER M- INUTE BOOK411
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
JAMES W. WALKER, J. ELMER JOHNSTON, W.A. BARNES. COMMISSIONERS
ca
May 218 1928.
In re; Increase of In the Court of quarter Sessions of
Indebtedness of the Washington County, Pennsylvania,
County of Washington,
Commonwealth of Pennsylvania. No. May Term, 1928.
S T A T E M E N T
We, the undersigned, being the principal officers of the County of
Washington, Commonwealth of Pennsylvania, desiring and deeming it necessary
that the bonded indebtedness of the said County of Washington, which is a
municipal corporation existing by and under the laws of the Commonwealth of
Pennsylvania, be increased in the amount of One Hundred Seventy-five Thousand
($175$' 000.00) Dollars for the purpose of providing funds for the payment
of the cost of improving and constructing certain public roads and highways
in the County of Washington and Commonwealth of Pennsylvania, as provided
by the Act of Assembly of May 11, 1911, P. L. 244, and the Act of Assembly
Of May 31s 1911, P. L. 468, and the amendments thereof and supplements thereto,
by the issuing and selling bonds of the said County of Washington, make the
following statement under oath, in compliance with the Act of Assembly of the
Commonwealth of Pennsylvania, approved April 20, 1874, P. L. 65, and the
amendments thereof and supplements thereto , and under and by virtue of a
resolution of the Board of County Commissioners of said County adopted May
21# 1928, and duly entered upop the minutes of said Board of County Commis"
sioners ;
FIRST: The present actual amount of the bonded
indebtedness of said County is : $3,,906' 000.00
The present actual amount of said
bonded indebtedness of said County
issued with the assent of the
electors thereof obtained at a
public election is ; 1
4 2,
M, I: N, UTE B, G0K
BOARD OF COUNTY COMMISSIONERS WASHINGTON COUNTY, PENNSYLVANIA
JAMESMWALKER: J-ELMERJOHNSTON. W�A4BARNES. Commtswor4F.Rs
SECOND: The present actual amount of- the
said bonded indebtedness of said
County issued without the assent
of the electors thereof obtained
at a public election is $2,906,000.00
The amount of the floating in-
debtedness of said County is 350*572.07
The total amount of the indebt-
edness of said County incurred
without the assent of the elec-
tors thereof obtained at a
public election is $3,236672.07
The amount of each in the treas-
ury of said County and all rev-
enues applicable, within one
year, to the payment of the said
indebtedness is 482,oZo.91
The amount of the net indebted-
ness of said County within the
2% limitation is $2 ,754,501.16
THIRD*, The amount of the last preceding
assessed valuation of taxable
property within said County is . 186s514t814.00
FOURTH: The amount of debt to be incurred
is 175t000.00
FIFTH: The form, number and dates of maturities of the obligation
or bonds to be issued, together with the form of the coupons to be annexed
thereto, the form of registration of said bonds and the annual tax levied and
assessed to pay the principal of said bonds at maturity and the interest and
state tax due thereon as the same shall become payable , are set forth in a true
and correct copy of the said Resolution of the said Board of County Commissioners
adopted the 21st day of May$ 1928, and hereto attached as a part hereof.
IN WITNESS WHEREOF, the said Commissioners of Washington County,,
in the State of Pennsylvania, have hereunto set their hands and the seal of said
County, duly attested by the Commissioners ' Clerk.
ATTEST.-
C?77 ion rsQ6o W ingtdh County-
Commissionerst Clerk.