Transactions of the American Society of Civil Engineers, Vol. LXVIII, Sept. 1910 eBook

This eBook from the Gutenberg Project consists of approximately 41 pages of information about Transactions of the American Society of Civil Engineers, Vol. LXVIII, Sept. 1910.

Transactions of the American Society of Civil Engineers, Vol. LXVIII, Sept. 1910 eBook

This eBook from the Gutenberg Project consists of approximately 41 pages of information about Transactions of the American Society of Civil Engineers, Vol. LXVIII, Sept. 1910.
Street, which will then become completely dedicated to the purposes of their station. (These portions of Thirty-second Street were subsequently purchased by the Railroad Company.)
(f) To have along such routes the necessary facilities for the operation of passenger and freight trains, including telegraph wires and the various wires and cables for the distribution of power, heat, and light.

Second.—­The requirement of the consent of the Mayor, the Board of Aldermen, the Board of Estimate and Apportionment, and the other authorities of the city having control of the streets.

Third.—­The obligation of the Pennsylvania Company to begin construction within three months after obtaining the necessary consents and complete the railroad within five years after construction shall begin, except the route under Thirty-first Street, for the completion of which the company is allowed ten years after the completion of the remainder of the railroad.

Fourth.—­Payments by the Pennsylvania Company for the first twenty-five years, as follows:  A rental of $200 per annum for the right to occupy land under the Hudson and East Rivers outside of pier lines.  A rental for ground within pier lines and for underground portions of streets in Manhattan Borough, at fifty cents per linear foot of single track per annum, for the first ten years, and during the next fifteen years one dollar per annum per linear foot.  A rental for ground within pier lines and for underground portions of streets in Queens Borough at one-half the rates payable for Manhattan Borough.  A rental for underground portions of Thirty-first and Thirty-third Streets, between Seventh and Eighth Avenues, and between Eighth and Ninth Avenues (such portions extending almost up to the surface, except under the south sidewalk of Thirty-first Street and north sidewalk of Thirty-third Street) at $14,000 per annum for the first ten years, and at $28,000 per annum for the next fifteen years.

For the portions of Thirty-second Street, between Seventh and Eighth Avenues, and between Eighth and Ninth Avenues, when the statutory power of the city to make a sale shall be put beyond doubt, the city is to sell and the Railroad Company is required to buy such portions for the sum of $788,600.  The rentals for river and track rights begin at the date of operation.  For the underground spaces under Thirty-first and Thirty-third Streets, used for station extension, the rentals begin at the commencement of construction, or when the company entered thereon.

Such annual payments may be summarized as follows: 

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Transactions of the American Society of Civil Engineers, Vol. LXVIII, Sept. 1910 from Project Gutenberg. Public domain.