The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-12-22

zette williams Plan with Mooih-
cations.
Nogy thai 2.ess voters IN this city have de-
rided thai the proposed gravity system 70
bring water from Cedar river y a s9oo
thing, the city authorities VIII 20 anea9
with the plan, as outlined IL the ordinance
upon which the people voted on December
10 Ihe LianA. and estimates are nov DelHs
.,repared in order that the Call for bids may
be pubIisae,l a. soon as possible. and d =
5oped that the formal call can he made pS-
soTe January Tie cal ~1ll BE- published
I'm the Post ITts ligencer and n ne leaning
contracting journals Of San fFan-1Sce. mi
cago and &e& York, and t~o Or thIee
months time win probably be allowed Tor
Investigation by contractors and capltal-
ISIS desiring to bid.
Bids for the WORK
IN order that ne city council may be able
20 act Tor tho best issterests Of the city inc
rraposals viii be required 10 be itemiZed
for the various portions Of the Work ana
there w.n be alternative b!ds-for wooden
stave, and for steel pipe construction. Tee
ordinance requires that a tabulaiea com
p2rativc statement ~ the bids snaB Or 5dDt
,nltted 70 the council FOR approval bafore
council deserving the right. on beaalt C. TIE
city, 70 rejec auy and al bids
There will be no occasion o. authority
FOR the issuance Of any Of The warrants
provided FOR b. the ordICaRce un,css the
contract IS entered into ia which even,
the monthly estimates given ne contractor
will be paid in these warrants The fac
that the warrants do not commence 20 bear
interest until the com Ietion aud acceptance
O, The work beside relieving tha city from
suy imm edate burden. vii also act rs an
incentive 10 hasten i-g completion within
eighteen months. or A. least two years.
800 t.s copct1e ncemcut. II IL therefore
thought y5vcltl4 SOS. 3. -eEs satisfactory
hid are presented ard the con,.aet -ute-e
81 into. Tho system may he completed and
jn operation before the close Of isN.
II Is provided tn the ordinance hat the
contractor shall purchase a. par warrants
20 the amount required ~ the city for the
purchase OF righhof.@ay. engineering, le-
gal and other expenses incident 20 he
Cedar RIVER plan.
Plan OF Payment.
Upon the completion Of the work. the
setting aside OF Is per cent Of the gross
cash revenues from the wafer works VIII
commence. the city ~ the same time Big
Ing relieved from the exENnse connected
VIII the maintenance of the Lake wash
thus set aside is 20 be applied only 10 tire
payment OF interest ard redemption Of
the warrants issued on account OF this
work IN order to provide ample security
FOR tho holders Of the warrants the city
has ~ the ordinance. lrrevoca5ly bound
itself not 70 reduce water rates below a
point which wilt realize a less sum that
Is now realized namely about $il2.610 per
year; also not 20 self lease ar dispose OF
the water works without providing for
these outstanding obligations l. may be
noted IN this connection shat the water
receipts for 1875 indicate q substantial In
Grease IN the business Of the water lie
p1rtm mt. as compared With 1895. taking
into account ths reduction In the water
rates. The co4n rollers records show
thai 4 receipts Tor 1894 amounted 10
slsl CSC ~ Taking into account me r. per
cent reduction made On nV T. 1904 and
.he par cent. reduction on January +.
rsa5 ne same N1luUe or business during
1875 would have realized about Sl1S, 0on. The
actual cash rcceir'4 as shawn ar ten
month records. VIZ aoIroN mate sH1.eRe
thus indicating 40 increase N about per
cent IN the youmR Of hustGcss. II this
moderate fttl5 of inrrfRse ~ continued
am the rates Dc not ft0tber reduced tar
application ot -5-ptr- cent AFTER JaWA1gs J
1858 will pay he interest and redeem 81
2oa 0o0 ~ Ceo8r river Mater supply war
rants wttoin twelve Years from That o. IT,
surplus Money Expected
BASED ~ the etne estimate 81 increase
curing rs fht Hfst YEAR # Cpsratior 81
the system wi;a the gravity sue7lv, Jls
CITY ems fntcr calculates }hgt the - pci
cent rpairei- aty tSe city foT operation
and nh nts-auc.e "a II 4rlour q 81 tNt As
theeesf ~ al.rro.reu 3 aI.utea tpCc IS nr'
expected % aN-o,f So e'11nef a1num. there
Womb he ana .iuuH. .i14fp s8rrlus Hf 1iuUi