(1) Former allotments to the Commissioners of Accounts, of 2701 sq. ft. on floor 25, be rescinded. (2) The former allotment to the Department of Finance, of 115 sq. ft. on floor 25, be rescinded. (3) To the Commissioners of Accounts, for use of the Efficiency Staff, floor 27 in the tower of the building, be tentatively allotted. (4a) To the Parole Commission, 2079 sq. ft. on floor 25, be allotted. (4b) To the Parole Commission, the joint use of the general drafting room, with the Department of Bridges, on floor 25, in area 4,644 sq. ft. This space will not be permanently sub-divided with fixed partitions. (5) The former allotment as hearing rooms, of 1,600 sq. ft. on floor 5, be rescinded. (6) The former allotment to the Board of Estimate and Apportionment, for use of the committees of that Board, of 1,480 sq. ft., be rescinded. (7) The former allotment to the Chief City Magistrate, of 513 sq. ft., be rescinded. (8) To the Department of Finance, for use of the Central Payroll Division, 3.393 sq. ft. on floor 5, be allotted. (9) The former allotment to the Mayor's Committee on Taxation, of 1,286 sq. ft. on floor 9, be rescinded as of March 1, 1916. (10) To the Mayor's Committee on National Defense, 1,286 sq. ft. on floor 9, be allotted as of March 1, 1916. Respectfully, WM. A. PRENDERGAST, Comptroller; FRANK L. DOWLING, President, Board of Aldermen; HENRY BRUERE, Chamberlain; F. J. H. KRACKE, Commissioner of Bridges, Committee on Allotment of Space in the Municipal Building. The following resolution was then offered for adoption: Resolved, That the Commissioners of the Sinking Fund hereby adopt the recommendations of the Committee on Allotment of Space as to space in the Municipal Building, as follows: (1) The former allotments to the Commissioners of Accounts of 2,701 square feet on floor 25, be and is hereby rescinded. (2) The former allotment to the Department of Finance, of 115 square feet on floor 25, be and is hereby rescinded. (3) To the Commissioners of Accounts, for use of the Efficiency Staff, floor 27 in the tower of the building, be and is hereby tentatively allotted. (4a) To the Parole Commission 2,079 square feet on floor 25, be and is hereby allotted. (4b) To the Parole Commission, the joint use of the general drafting room, with the Department of Bridges, on floor 25, in area 4,644 square feet, is hereby authorized; this space not to be permanently subdivided with fixed partitions. (5) The former allotment as hearing rooms, of 1,600 square feet, on floor 5, be and is hereby rescinded. (6) The former allotment to the Board of Estimate and Apportionment, for use of the committees of that Board, of 1,480 square feet, be and is hereby rescinded. (7) The former allotment to the Chief City Magistrate, of 513 square feet, be and is hereby rescinded. (8) To the Department of Finance, for use of the Central Payroll Division, 3,393 square feet, on floor 5, be and is hereby allotted. (9) The former allotment to the Mayor's Committee on Taxation, of 1,286 square feet on floor 9, be and is hereby rescinded as of March 1, 1916. (10) To the Mayor's Committee on National Defense, 1,286 square feet on floor 9, be and is hereby allotted as of March 1, 1916. Which resolution was adopted, all the members present voting in the affirmative. Fire Department-Communication from, Turning Over Certain Sites as по Longer Required. The following was received: January 21, 1916. Hon. JOHN PURROY MITCHEL, Chairman of the Sinking Fund Commission: Sir-On January 5, 1916, the Comptroller requested that a list of all property under the control of this department. which is no longer required for Fire Department purposes, be surrendered to the Sinking Fund Commission. Under date of January 11. 1916, a list containing such information was forwarded to the Comptroller. Enclosed herewith is a copy of the list for the information of your Commission, the property mentioned thereon being hereby surrendered to your Commission. Respectfully, ROBERT ADAMSON, Fire Commissioner. 4. Block 43 38). ich has recmined in this localim. iş mermaid and ja me finger required to the Fire 7-Tadieron Street Flushinz. Czerns Ward 3 sony was former ocmoled by the Young Ame haded Chut Kanion states that no company will Star Aname near Howard Street Cineens Ward 1. Vol 6 Block 268. Lot 25). ngery of angermpled and no longer required by the Fire Department. See 9 Studier Avenue Queens, between Yashark and Qungue Aventes (Ward 4. 1 Esk 58. Lze 34 This property is uncmpied and n no longer recoined by ment. It was formerly the quarters of the Union Course Hook and ow debandet. Sevier Avenge and Richmond Road, Richmond, war of Engine Company No 159 (Ward 4 Vol. 2. Lots 1 and 4. Garrettson Farm. Part of the nint necaried Si Pagine No 150 and in rear of the quarters, size 25 feet by 100 feet is no longer required by the Fire Department Description: Beginning at a point located on the wekery vide of Sevier Averne, dietam 150 feet easterly from the corner formed by the interactice of the east side of Richmond Road and the south side of Seaview Averse, and running thence 25 feet easterly along the southerly site of Seaview Averse, there winterly and at right angles to Seaview Averne. 100 feet. then westerly and parallel with Seaview Avenue 25 feet, then northerly to place of beginning. In connection therewith the Desuty and Acting Comptroller presented the following report and offered the following resolution: To the Honorable the Commissioners of the Sinking Fund: February 9, 1916. Gentlemen—The Commissioner of the Fire Department. in a communication to your Board under date of January 21, 1916. surrenders to the Commissioners of the Sinking Fund, as being no longer required for the purposes of the Fire Department, the following described premises: Manhattan 100 East 33d Street, section 3, block 888. lot 46. Brooklyn Sheepshead Bay Road. section 21, black 7281, lot 74: Logan Street, near Eina Street section 13 Mock 4114, lot 19: Marion Street and Reid Avenue, section 6. block 1691, lot 44: Bedford Avenue. 49 feet 11 inches south of Metropolitan Avenge (25 feet by 100 feet), section 8. block 2366, lot 1. part. The Bronx Washington Avenue, section 11. block 2904. lot 34. Queens Washington Street. Flushing. Ward 3. Mock 43, lot 38: Star Avenue. near Howard Street. Ward 1 block 268, lot 25; Snediker Avenue, between Yaphank and Quogue Avenues. Ward 4. block 58. lot 34. Richmond Seaview Avenue and Richmond Road, rear Engine Company 159, Ward 4. Garrettson Farm, Lots 1 and 4. Investigation by the Division of Real Estate of the Department of Finance does not show Parcels 2, 8 or 9 to be under the jurisdiction of the Fire Department, and therefore could not be surrendered by that Department. I therefore respectfully recommend that the Comptroller be authorized to derive such revenue therefrom as may be had from the temporary leasing thereof, until the final disposition shall be determined, of Parcels 1, 3, 4, 5, 6, 7 and 10 on above list. Respectfully, ALEX, BROUGH, Deputy and Acting Comptroller. Whereas, The Commissioner of the Fire Department, in a communication dated January 21, 1916, having turned over as no longer required, the following described premises: Resolved, That the Comptroller be and is hereby authorized to derive such revenue therefrom as may be had from the temporary leasing thereof, until the final disposition of the property shall be determined. The report was accepted, and the resolution adopted, all the members present voting in the affirmative. Adjourned. JOHN KORB, JR., Secretary. 720-B-250-16 (B) COMMISSIONERS OF THE SINKING FUND OF THE CITY OF NEW YORK. Proceedings of the Commissioners of the Sinking Fund, at a Meeting Held in Room 16, City Hall, at 3 o'Clock P. M., on Wednesday, February 16, 1916. Present-John Purroy Mitchel, Mayor; Alexander Brough, Deputy and Acting Comptroller; Henry Bruere, Chamberlain; Frank L. Dowling, President, Board of Aldermen; Francis P. Kenney, Chairman Finance Committee, Board of Aldermen. Investment of $23,500,000 in General Fund Bonds of The City of New York. The Deputy and Acting Comptroller presented the following report and offered the following resolution: To the Commissioners of the Sinking Fund: February 15, 1916. Gentlemen-Chapter 103 of the Laws of 1903 as amended, entitled, "An Act to amend the Greater New York Charter relative to the Sinking Fund of The City of New York for the Redemption of the City Debt, by adding a new section to be known as section Two hundred and twenty-two, providing for the issue of additional bonds of the City of New York, to be called General Fund Bonds, and by amending section One hundred and sixty-nine of said Charter," provides: First: "The Board of Commissioners of the Sinking Fund, in the year 1903, and in each year thereafter until all of the bonds and stock which are redeemable from the fund known as the 'Sinking Fund of the City of New York for the Redemption of the City debt' shall have matured, shall set apart out of the revenues and income of said Sinking Fund, except the income and accumulation thereof derived from assets held by said Sinking Fund on January 1, 1903, and except also the income and accumulation thereof derived from the amount to be thus annually set apart, a sum, which, with the accumulation of interest thereon, together with the said assets, of said Sinking Fund and the earnings and accumulations thereof, shall be sufficient to redeem at maturity all the bonds and stock of the City of New York which are redeemable from said Sinking Fund." Second: "At least two weeks before the meeting of the Board of Aldermen, in each and every year, for the purpose of receiving the Assessment Rolls required to be delivered by the Board of Taxes and Assessments to the Board of Aldermen, the Board of Commissioners of the Sinking Fund may, in its discretion, certify to the Board of Aldermen the amount, as estimated by said Board of Commissioners, of revenues or income from all sources of 'The Sinking Fund of the City of New York for the Redemption of the City Debt' during the then calendar year, and also the amount required by this section to be set apart for such calendar year out of such revenues and income for the redemption of bonds and stock." Third: "If in any year the said estimated amount of revenues or income of said Sinking Fund, excepting the income and accumulation thereof derived from the assets held by said Sinking Fund on January first, nineteen hundred and three, and from the amounts annually set apart for the redemption of bonds and stock as by this section required shall exceed the amount required to be set apart in such year as in this section provided, the Board of Commissioners of the Sinking Fund may, in its discretion, at the time of making said certificates to the Board of Aldermen, determine to invest the whole or any part of the amount of such excess in General Fund Bonds of the City of New York for the account of the Sinking Fund of the City of New York for the Redemption of the City Debt,' but such investments shall not be made in any year until the amount required by this section to be set apart for such year, as provided herein, shall have been so set apart." Fourth: "The Board of Commissioners of the Sinking Fund shall then notify the Board of Aldermen and the Comptroller of the amount it has determined to invest in General Fund Bonds during the current year, and the Comptroller shall include said amount in the certificate of estimated revenues of the General Fund required to be by him made to the Board of Aldermen pursuant to section Nine Hundred of this Act." |