Petitions - City of Somerville

Friday, November 7, 1930
as the first step in the development of that section as part of the Metropolitan
District.
In order to protect the rights of the city of Somerville and
so that our citizens might continue to have the use of the only bathing beach
within the city limits, I called upon Mr. David B. Keniston, Chairman of the
Metropolitan District Commission with regard to this matter. Mr. Keniston
assured me that the Metropolitan District Commission will permit the city of
Somerville to operate and maintain the bathing beach, and will also develop
and make a park out of that part of the land which is not used for bathing
purposes. This, of course, will be a decided improvement in the Ten Hill
section, and in my opinion is the first step of a great development in the
so-called Mystic Valley area.
Upon receiving this assurance from the Metropolitan District
Commission, I herewith take pleasure in returning the afore-mentioned order
with my approval.
Placed on file.
Very truly yours,
John J. Murphy,
Mayor.
COMMUNICATIONS AND REPORTS FROM CITY OFFICERS.
Received the following communication from the city treasurer,
To the Honorable, the Board of Aldermen
of the city of Somerville.
Gentlemen:
October 25, 1930.
I herewith transmit a copy of my register of- the $300,000 Western
Junior High School Additions Loan Bonds sold under authority of an order of
your honorable board approved July 12. 1 he bonds were sold to the highest
bidder, viz., First National-Old Colony Corporation, on their bid of 103. 13
($1,031.30 for each $1,000 bond) the bonds maturing $15,000 annually October
1, 1951-1950 inclusive. The premium received was $9,390.00, accrued interest
to October 21, $666.67.
Amt.of Ho. of Amount of
Nos. Each bond- Coupons Each Coupon Maturity Amount
1696 - 1710 $1000 2 $20.00 Oct. 1, 1931 $15,000
1711 - 1725 1000 4 20.00 " " 1932 15,000
1726 - 1740 1000 6 20.00 " " 1933 15,000
1741 - 1755 1000 8 20.00 " " 1934 15,000
1756 - 1770 1000 10 20.00 " " 1935 15,000
1771 - 1785 1000 12 20.00 " " 1936 15,000
1786 - 1800 1000 14 20.00 " " 1937 15,000
1801 - 1815 1000 16 20.00 " " 1938 15,000
1816 - 1830 1000 18 20.00 " " 1939 15,000
1831 - 1845 1000 20 20.00 " " 1940 15,000
1846 - 1860 1000 22 20.00 " " 1941 15,000
1861 - 1875 1000 24 20.00 " " 1942 15,000
1876 - 1890 1000 26 20.00 " " 1943 15,000
1891 - 1905 1000 28 • 20.00 " " 1944 15,000
1906 - 1920 1000 30 20.00 " " 1945 15,000
1921 - 1935 1000 32 20.00 " . " 1946 15,000
1956 - 1950 1000 34 20.00 " " 1947 15,000
1951 - 1965 1000 36 20.00 " " 1948 15,000
1966 - 1980 1000 38 20.00 " " 1949 15,000
1981 - 1995 -1000 40 20.00 " " 1950 15,000
Respectfully submitted
Joseph L. Murphy
City Treasurer
Referred to Committee on Finance.
City of Somerville
Massachusetts
Office of City Auditor
November 7, 1930.
$500,000
45384
89