1C4 



time amounted to nearly two-thirds of the increased value of 

 the entire city. A similar increase from the same cause, 

 though not to the same extent, is perceptible in the twentieth 

 ward, which comes next in respect to its contiguity to the 

 park, and doubtless exists in several of the other wards, par- 

 ticularly in the tenth. 



The records of the Board of City Assessors show that the 

 assessed value of real estate in the year 1864 was : 



In the 8th Ward $4,913,274 



" 9th Ward 7,966,471 



" 20th Ward 7,009,650 



Total in the three wards $19,949,395 



The same records for the year 1867 show the assessed value : 



Of the 8th Ward to be $7,983,200 



" 9th Ward 10,743,797 



" 20th Ward 8,705,090 



Total in the three wards « $27,432,087 



Making an increased valuation in the three wards since active 

 operations commenced on the park of $7,482,692. 



The additional tax which was raised from this increased 

 valuation, for the year 1867, was $280,692, while the annual 

 interest on the whole park debt, as it now stands, is $229,219 ; 

 showing an increased annual revenue to the city from these 

 three wards alone, over and above the annual interest of the 

 park debt, of $51,385. 



Our citizens will draw their own inferences from these facts, 

 but in view of the large improvement which has already taken 

 place, and of the additional considerations that these values 

 must soon be greatly increased, by costly buildings about to 

 he erected, and that other splendid improvements tending 

 directly to the development of the many advantages of a resi- 

 dence in the vicinity of the park, have been projected, and are 

 now in progress, under the auspices of gentlemen of taste and 

 wealth ; the Commissioners cannot doubt, that the city's in- 

 creased revenue from the enhanced value given to its taxable 



