The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-05-02

Vfuinance NO. I,Ibo submits 70 tho v0tor0 In
the whole city the uestion Of issuing bonds in
the sum OF 100000 Tor an electric light plant
Ordinance No 1906 submita to the voters In
the whole city the question of issuing bonds in
the sum OF $25o.oo0 for general sewerA
Ordinance No. 2767 fixes the places Of voting
and designates officers Of election in the various
precincts
All bonds bear s per cent interest, dated July
!, 1893 payable in twenty years
The following are the amounts Of the
proposed bonds:
Proposed
Principal lhseresa Issus
Funding warrants
prior to June l,
1891 .slo4,72s 50 s2se57 81 slss.ooo
since June /, 1891 4loe7s 10 1904 g.
City hall .......... 1880 co 1850 90
Totals. .slal.l7S 10 sl.os4 "a = $4,000
Lake Union sewer
tunnei ...:...................... S5.WO
Electric light plant. 100000
Total. .075, 600
There will be. it can be seen from these
figures. slight surplus in some funds.
The ordinance provides that it shall be
devoted to part payment Of tho first in
terest, the object being to make bonds
round numbers and not fall short of tho
actual amount needed.
The following shows how the money for
funding outstanding warrants is to be ap-
portioned:
Face Amount Intercst to
Of Warronts July I. %.
Salary fund
Septem Der 10, 1891, to May
10. 1892, warrants 4.699 TO
6572.. ....-. .$279.42A q 4015S 80
General fund
December 49, 1891, to May
%. 1892, warrants ,12S to
Fire department fund
September 49, 1899, to May
Il, 1891, warrants I'll to
I,01o.. .....-....-..-..... ol,iol ~ AZso0o "
Fire Department Fund
June II, 1891. to May 81,
1892. warrants 1911 to
Iiil. ................ 23lN 80 o667 IS
Street Fund
November 4, 1890. 70 May
IL. 1881, warrants ,3sS 10
3,.29.. ................... o%,oIU % 1901 ~
Street Fund
June II, 1884, to May 81,
1872, warrants $3.50 To
Police Department Fund
January Il, l-9l. 20 May
q. 1880, warrants "a TO
SoL...--- u,ioS w AsO0| %
Street light fund
March IA. ls92, 10 MAY 81,
1892. warrants 81 10 40. e.el IS 1.069 =
Hcybor and wharf fund
October L. lssl. 10 April
-, l.yg, warrants IL - 50 46l o. 20 %
Debt on city hall ......... %, 80 90 1850 90
July ]. 1893, total interest. -
rs,., 49,, warrant. -; 90, ,, 'S47oa 81
Gross total mi neipal and
interest. July !, 1888. $622,65l o.
When the ordinance providing for the
IL IL
read Alderman Sweeney moved to lay on
the table, for the reason that there were
several urgent matters to go before the
people and this could wait. A con-
tract for lighting the city had already
been called for and the companies
would have a chance to show how cheaply
they could supply light. He felt that the
ordinance would not pass that night, and
he thought they should lay the subject on
the table until the people are better edu-
Gated on the subject. He was in favor of
the city owning its plant. but he was not
sure that this was an opportune time.
Mr.. Donworth did not offer any opinion
as to the councils policy. but pointed out
that if the council do not feel ready to dis
pose of it now, it should kill it because the
ordinances must be issued in regul ar num-
the election ordinance giving the form of
the ballot in which the number is men,
toned.
DR.. Sweeney moved to place it on final
passage, hoping it might pass, but fearing
it might die aborning. Many other cities,
replying to his letters, were in favor of il,
and ne believed the city could light more
economically by owning its own plant.
Mr.. Donworth, replying to Alderman
Ingram. said that even after the issue was
voted for the council need not insist upon
the bonds being issued.
DIR. K. c. Kiibourne addressed the board
10 show the cost of electric lighting 40
cities owning their pant In statistics
of cost nothing was usually allowed for
depreciation. lie quoted from several
reports to show that Seattle was getting
its ngh, at as low a rate as most
cities. considering the additional cost of
freight and labor; and for the number OF
hours the cost is less to Seattle. II the
city should buy Its plant it would mean a
loss Of $l0o. 900 to home companies which
had been induced 10 put in lighting plants
The ordi nance was p laced on final pas
sage, and. with that exception, there was
no opposition or discussion. The ordi-
u.nces were also read in the house of dele
gates, but st 1880 both houses adjourned
until tonight, when the reading will be
concluded. Alderman Carrie presided over
the board.
The house of delegates confirmed the
appointment of ]. b. Dowd as municipal
court clerk. Mr.. Dowd is a young lawyer
who has been in partnership with Attor-
ney De Bow and is said TO be well qualified
for the position.
The following matters were referred:
Petition for the improvement Of kubourrs
avenue and George s,resi
Communication from street commissioner
recommending tie rsplank!ng OF certain po.-
tioas of Front street
Petition OF Union Electric Company and H.
II. Dearborn for vacation OF alley IN RUNNERS
addition.