The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-08-20


steam engines, sai0ons,i
restaurants, hosels. l0dg-
lighthouses, and other
places OF business moi
supplied by meter. to
be charged According
to estimate of quantity
of water used. per year SIS TO szaU W. 10 $i<o
Steamers, per 100 cubic
feet ACKNOWLEDGEMENTS % ~
Meter rates. Is per cent. less than present
rates.
Provided, however. that at the end of ten
years new schedule OF rates shall be prepared,
which shall be the same as the average rates
prevailing In the cities OF S. Louis. Chicago
Cincinnati, Cleveland, Detroit and Buffalo.
Tenth--The city OF Seattle shall for the period
of one year pay the sum now paid by 1t to the
Spring Hill Water Company for the use OF water
from hydrsnts. Alter said one year the hydraut
rental shall be reduced from $50 per hydrant
each per year to $50 per hydrant each per year,
and when any hydrant shall have been drawing
rental at the rate of $50 per year for period OF
five years, the annual charge therefor shall be
reduced from $50 per year TO $40 per year: ana at
the expiration OF five years more the rental of
each such hydrant shall be reduced to $S5 per
annum.
Eleyenth-The city to have the right to use
the water from the hydrants for extinguishing
fres, and for flushing sewers and cutters.
Twelith-In case the city does not choose to
may, at its option, enter into q new contract
with the company for like period of twenty
years, aud at a price for hydraut rental of SIS
per year for every hydrant then set and in oper-
alton. and with rates to private consumers at
the average rate then prevailing in the cities
above named.
Thirteenth-A permanent board to be organ
ized one member to be chosen by the city, one
by the company, and the third by the two so
nh ufroys, m
the city and the company shall be referred,
with full power to compel the company in any
case to keep its obligations to the city, with re-
spect to capacity of its works, pressure of water
and quality of water. and impose penalties upon
the company for failure so to do, by Withholding
hydrsnt rental. This board also shall have
power to bind the company and private con-
sumers ia any question un Ter dispute W it'll pri-
vate consumers, submitted to 1t by such con-
sumers
The company believes that this proposition
insures the city irst-eiass system of water
works, with a first-class supply of water, at the
least cost 10 the city and to the public. That it
is free from any of the objections which are
sometimes raised against water-works compan-
les in that it insures TO the city control OF the
same. 1t Will be seen that the largest reduction
OF rates Is made to the owners of small houses,
who compose the very great majority of water
consumers, being fully two thirds of the whole.
To them, that is. to people who live in houses of
not more than six rooms. the reduction is from
SIS TO IS per year, and it 10 proportional to those
occupying larger residences The hydrant rental
to be paid by the city is much reduced
and is left at much smaller sum. 1t is believed
that this is the true course, that part of the
expense OF the maintenance of the water
works should be paid out OF general taxes
upon the property in the city which
secures fire protection and that reduc-
ton be made to the occapier OF the smsll dwell
ing house. Again, ii will be seen that the city,
as it grows aud needs extended fire protection,
secures it at a constantly reduced hydrant rental
and the citizens secure water for private pur-
poses at rates not exceeding those charged in
the larger cities IN the East.
Should yeur honorable body look upon this
proposition with favor. We should be pleased to
meet the council or committee and arrange
any mater of details, explain any part OF the
proposition and agree upon an ordinance.
BID FOR THE BONDS.
The city clerk read bid for the bonds at par
by w. w. Haisey for n. w. Harris & Co, of Chi
csgo H., conditional upon commission of 2
per cent 10 Mr.. Halsey to be paid by the city.
The Offer to take the whole 1886. 600, of which
$350,0o0 viii be taken soon as bonds are salts
factorily issued. $4,000 on October 15 1880:
sos 900 after January ], 1891, in instalments OF
not less than $1,000 or more than $4,000, as
fifteen days notice. The bonds are to be paid
for as follows: $40 900 in warrant of the city OF
Seattle, $3S0,90 and balance from time TO
time. All interest coupons from date of bonds
10 be attached aud uncancelled. The contract
is made subject 10 Mr. Halsey's signature.
Following is the text of the offer, except as to
the per cent. commission, which is contained
III Mr.. Hasey's letter:
For the S955,000 water and sewer bonds of the
city of Seattle offered Tor sale, dated July l. $780,
maturing twenty years from date. bearing inter-
est At the rate OF per cent per annum, payable
semi-annualy, both principal and interest pay
able OF some national bank N New York city
we will pay par, thar is, s9a5,oo bonds 10 be de
livered as loilows: $4,000 soon as bonds are
satisfactorily issued: $4,000 October 10 1890
s5o5oo0 after January i. 1891. bat in instaliment.
of not less than $4,000 nor more than 500 600 al
fuods are actually needed in paying Tor con
struction of work or watsr-works snd sewer:
upon estimates furnished to council by the
engineer in charge of cons ruciion, we to have
fifteen days notice OF any such sum being
needed, said notice to be sent to MS by the city
clerk under the seal OF the city, said bonds 10 be
paid for as follows: sl9,loo in a warrant OF The
city OF Seattle at time OF acceptance of this bid
$3.50 900 when the sS50,u0o bonds are delivered
aud balance from time TO time as portions OF re
maining s6o5,0o0 bonds are delivered, ali inter
est coupons from date OF bonds TO be attached
10 bond and uucsneeileG.
The usual papers. including certified cory
of decision of supreme court, showing salts
factorily legality of issue. to be fnrn shed u.
prior TO payment OF bonds, bonds to BE- paid fol-
ON delivery at some hank in Chicago or New
York To be selected by the city Of Seattle.
This bid IS conditioned upon the same being
countersigned by w. W. Hasey of Chicago Ill
who viii present the same 10 your honorab.s
body, aud. upon his eoantersiening the same
this hid will become absolute.
Yours truly, \. ". HARRIS & Co.
CGieaSo. Ill
Mr. Hull moved to accept the Offer H
thought il good proposition.
Mr. Calig&n said there was sometime very
funny shoul this proposition. ii tie bonds art
be US W DONE vast to hawk them around Il
We have MAIZE mis- axe, let's rectify it aad pul
our bonds saasrely on tae market
Mr.. McKeuzie SID be WAS opposed 10 sellins
the waterworAs. especially until the people
had vctea upon tGe question. As to this con
trsct 10 buy he bsuds, he would like 10 con
slider u before rushing into il
City Attorney shepard, in reply 70 q question.
said the supreme couTl had fully decided every
point In favor OF the bonds The mos,
important we're the construction Of the eoasli.
;utional provision as to three-ffths vote bnt the
other objections raised had ali been decided In
the city's interest. The Only bubble thst eould
be raised was the use of the word 'votiusp In.
stead of the word SHALL" in the published
form OF the ordinance, but as that had been
merely verbal, and 10 make it agree with the
constitution, no court would hold /,
as invslidsting the ordinance. As %
The bid. he had Consulted ons
Of the leaders Of the bar in the city and he
a.. -. a. -