The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-11-10
THE SECRET MEETING.
TNFfT4TIOS 70 TyTEsTORS TO BID
ON GR4TITT SYSTEM.
Plans Giving Elaborate Details OF Cedar
River scheme, and the None
to Be Made Our of II.

I gt plans N4flzsAt4E I'll d. EAAC SNNANN
/ meeting OF the water committee referred
! 10 in the interview with Mr.. AmmIdown,
/ are addressed To investors and con-
structi0n syndicates." and state that the
| city invites propositions for the construc-
! tion, operation and maintenance Of a
/ gravity conduit, impounding reservoir,
high and low service reservoirs, for the
| delivery OF water from Cedar river, via
/ Swan lake. into the city distributing sys-
! tenn. a distance of about twenty-seyen
/ miles. the propositions TO be based upon
/ the following conditions:
The Conditions stated.
| "First-An real estate necessary for
| the complete plant has been or VIII be
| secured by the city, and is TO be leased
| 10 the persons or corporation which may
| be awarded the water supply contract, at
nominal rental, the duration of such
| lease 10 be coincident with that OF the
| water supply contract.
| ''Second--The conduit. reservoirs and
| other features of the gravity supply plant
! are TO be constructed by and be the prop
/ erty Of the persons or corporation award
/ ed the supply contract; provided taD that
! the city shall have the option of purchase
/ of the entire plant at any time after five
| years from the completion thereof. upon
| payment Of a price TO be agreed upon by
three appraisers appointed respectively
by the city and the owner of the plant.
| they to name the third appraiser, such
| price TO be based upon the actual first
| cost of the plant, with 10 per cent pront
! added. allowing a reasonable percentage
| for deterioration of the plant up 10 the
| time when the appraisement is made: OBJ
| that the gravity conduit. impounding res
| ervoir. high and low service reservoirs
| and other features OF the proposed water
supply plant shall be constructed accord
| ing 10 plans and specifications TO be fur
mis- h.a.I hf- haa nd 70, no
! of the board of public works. and com
| pleted within two years from commence
| ment of work: all engineering and inspec-
| ton to be done under the direction of the
! board and al the expense Of the city, the
estimated cost of construction OF the
| plant for which propositions are herein
| invited being $l,15ooo0.
Rates for Gravity system.
"Third-The city will contract to take
| from the gravity system supply OF water
| for it's distribution system. and will pay
| for the same according TO the following
| scale OF rates. For 100000 galIoGs per
per day of twenty -four hours 5000; for
| each additional million gallons over
! 5,g0.e0 per twenty-four hours until the
| daily average for a semi-annual period
| shall exceed 100000 gallons $50. for
each additional million gallons lover TO-
| 000000) per twenty-four hours, when the
| daily average for any semi-annual period
exceeds 100000 gallons. so. All pay
ments for water furnished 10 be made
| semi-annually in cash or its equivalent,
| at such place as may be agreed on, upon
| the first day of February and August of
| each year such payments 10 be rated ac-
| cording to the daily average of water fur
nished during the semi-annual periods
ending on the 3lst day of December and the
| 30th day of June next preceding; provid-
ed. that the payment shall at no time be
| less than for 100000 gallons per day of
| twenty-four hours.
Under the above conditions the city of
| Seattle invites proposals for the con-
struction. maintenance and operation of
| the gravity water supply system from
| Cedar river such proposals TO be address
| ed to the city comptroller and Endorsed
Proposals for construction of EraVity
water supply system from Cedar river TO
| the city of Seattle Details of construc-
| ton. estimates. etc. will be furnished on
application to the city engineer. Propos-
ais will be considered by the advisory
| board of the city on -.
The city Handicapped.
| Following the above comes general
| description of the city giving population,
assessed valuation OF property for 1894,
| an outline Of the present water system.
the bonded debt. the annual receipts the
| development surveys made with refer
ence to a permanent gravity system from
| Cedar river. via Swan lake. the acquire
ment 10y the city of real estate at con
| trolling points, etc. The description con-
| tinues:
The limit Of Indebtedness prescribed by
the statute forb.ds any further extension
! of the bonded debt az this time. The
! enormous municipal expenditures made
| necessary hy the great fire OF 1889. followed
/ by a vast amount OF necessary public inn
| provemcnts along the lines Of the sewerage
| and water systems have exhausted the ie-
/ sal authority II the municipality 70 incur
! debt. This condition has been aggravated
! 10y the great reduction Of assessed valua-
ton during the past two years, For the
| reason above stated the city cannot a.
/ this time incur the debt which would BE-
| necessary II the gravity supply system
We're % be constructed by the city. Not
| withstandjng this fact the showing here
! tn8fter made viii Indicate most clearly that
/ the city offers a good business proposition
| 80 investors and construction syndicates.
| an investment which will yield sure re-
| turns AS regular as interest payments. with
a certain return Of all capital invested
| within less than twenty years.
Good Income Assured.
| AS stated ia The call sor propositions the
| estimated cost ne construction Of a gravity
| supply plant with a capacity OF -5.'1o.ooj
! gallons per d8y. based upon liberal allow
/ snees is $tl5atoo The cost ~ maintenance
| and operation ~ the Er8vi.y system VIII
! certainly be less than $4so per year (es-
| tm4f@t hv Renezette Williams et 8 ss0.
/ Tire receipts from '0e eats as per contract
fa~ the minimum supply 90 5o'a.0o gallons
/ per day vlu aggregate $1zaso per anuum.
! or 3 Net income of a; least 81 do per am
/ r4m f-om au Investment OF $1tsa.ooo which
/ Is eiuiyl'tu, O. . ger CENT. With the da.lv
I Supply s1.ress.1 90 asa average of 500 uo
/ stllooe. which ~li In all probability De- re-