The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-05-23

<--ss. - - 80 ssstsstts 81 tAs exfxrSsss = -
popular r vote ga,isA''ee go and aspr5,sss 81
That when the al, -
SoSh f1daetAf confrraatfssn ~ as raez..
can e little doubfl. aetSaes SRI S
500 - t'o>s4pie FOR appreorazsS- saszR =
N~tIiHs TIE necessary wsf@~ - ~ : /
EafaS Tor diversion. pirA sIss .ssns = |
IssefNolg purpose and that r~~ssszn 3
Us ssalre extension be snyises "a 80
s.d-Thaf II no reliah,a
submitted NJ satisfactory f.cpcz&A
AZ once make provision. nv ,,ss, - " 81
adjustment. and Ia some :. - as As g a.
81 water rates and also nv tsx 80
toh1 tAAx VIII enable tAa T5rs ~. ssss III
ana Pay for all the grounss 80 y Acsss
riSht OF way, Diversion. srara.. x SasssS 81
Weir purposes, and also 10 -. - M
prsltIsllnsFy expenses. and thar 800. =. -
~. .s.sits9 Tor the EecssSs-v : ..ss
ana construction after ire s7sfsa1
shall have been relieved az an - 1880
charges. =" pfslsn<z,
sth-That II upon the second
SATISFACTORY proposals be nor $780,
the entire extension, such : rns- $3.50
the plan as shah then seer, * -
cure the economical eornrlatiar 2
work. be formulated and suhrnss..sg
people Tor theig approval =
As illustrative OF : ru,nh.~
that might thus become Dsr,sss y = sasze
enumerate the following: N
tal y portion Of the revenus A. :.
ter plant might be made aya3sass. y N
paShent 81 interest on warrants - -
the work progresses. sesae :
tel A higher rate Of Interest," ~.
cent. could ee specified fer ~ - n
~ - the time when The extenssor 49,
oe complete. and until the vlfv 49, sap
vide foE funding the warranfs sn m
rants thus issued could BE- mssa -
their lace ~ ali markets. the ws.l 49,
could De divided into small coasrs.ss -
ing the aaNantage OF better csr~<s..e |
more economical construction. e,s{ - -
piy, \ better distribution OF tae n,er. =
pended arnong our heme peenl~ ~ 81
creased interest upon the warrants 49,
inconsiderahie as compared wish ~
iarse saving which would re~us :
cost OF construction. over the pYsssn{1 :
ny which the contractor must nof -, -
a contractor bat a banker A. y~sn%
must carry the entire eost az rarss.I
to the point OF completion. withns,s 80 -
money. interest or warrants Wss =
extension mas been completed ~ =
commenced its delivery Of water -.
City. and when the City can sha. - 8.
proposed. but a completed grayitx 60 $
with a good revenue II IL more thx-s -
ahlc that the warrants then ansssss<
can be funded Ut par for an Infsrrss =
more favorable than 5 Per cent. ws,z
the present provision that the w.
shall not draw more than per ssrs :.
be sold At less than par. Is quite snss,ss}
less ana useless When any marxss ~
the contractor shall estimate for aswss4
or contingencies is simply added a i
contract price.
The assurance of ultimate lsrsg q
financial success in the handing 10 s
Cedar River extension was grssf,v
HANGED by the passage al the laSf -
OF the legislature of an act knaws
House Bill all, which anlargeS and =
firms the powers of cities OF the ARA y
IN the matter or providing themsslsa n
water works and other municlual -
ties. The passage of this act press.
with such care by members OF yoar r
orable Body and other officers u fAs g.
Is "A very valuable achievement In ~
terest of the Cedar River exteus}ou
gives legislative sanction TO poweu q !.
city and methods OF proceduys WI
though supported by wei known pfinsls7
OF law, would not have 50 easiiy -
the scrutiny OF investors as they Vii n
when they have the additional saaetim
state law.
II is 10 be hoped that during the praar
year IL may be found possible to NAB 4
necessary financial arrangement
prosecuting this great and desiraAk i
terprise which has received such enphN
approval OF the people and such CURSES
tious labor from the officers Of The csy
The City Engineer has appended 10
report copy OF a pamphlet Of infUn}
tion issued by him during the year Ii NJ
ton TO the proposed Cedar River e4fa
sion, for the information Of ,ontrsrad
and financiers who were making inaeRl
therefor. This appendix would b 81 81
eral interest IL IL could be published q
the limits OF this report forbid IN ~
ton of more than few items which n
been learned from the statement. Il sasxI
that our present distributing pipes sxxs
100 miles. varying In size from fve :
thirty inches; that our average daily q
sumption Is somewhat in excess n i
million gallons per day, the maximun
ing about seven millions during the -
mer months.
That during the five years az mazlrs
ownership water rates have been r<1vx1
fully 90 per cent. that the elevation q a
dar River at the point OF proposed a.
sion Is 57S feet above tide level At VA
point the river carries from III mli'M
1850 million gallons per day OF y hour
That the pipe line from the riye I
Swan Lake would be about rnllA
length: that the area OF Swan Ian
about COO acres with an elevation n
feet above tide water al its natural kz
That two reservoirs are prcpoeed . q
City with capacities of fa00Q.oW and
000, 900 gallons respectively.
That the cost of the proposed exts1M
and added facilities is estimated at g.
600, TO be paid by the issue Of xara5
drawn upon a special Cedar River So
Fund. 10 be created by the setting ~
of Is per cent. of the gross earnings q
water system, such warrants 70 eear
cent, payable semi-annuaiiy, cunm<
Ing from the date Of the completion Of
work, the warrants to be sold IT not
than par:
That the business Of the water teps}
ment increased per cent. during fhe y
1895 tthe statement being issued IN ths
ter part of that year.;
That under gravity system TIE Y
cent; OF the gross revenue 20 De fslaa
by the City. will be ample to operate
maintain the plant.
That at the present rates Gin 1850 y
per cent. of revenue set apart Tor resf
the warrants issued for the txfsns
would, upon the basis of a per esnt
crease annually be sufficient 70 pas "
terest on the warrants and 10 fully w
the principal thereof. within Y yean q
the completion Of the work.
II Is further shown that II TIE 81
should exercise It's full authority 20 -
water rates. according 70 the preslss
of the plan, that is 20 say, II the fey<S.
of the plant should be kept At ~ pFs
hasis by reducing rates 10 ABSORB NC
OF business, or. NJ there should b p
crease OF business aud the rates relAsm
they are now, that even then ne -
extension debt would be paid on
year 1923 and a small surplus be lsn .
credit OF the fund
r~TRE<ys rITTL.
From a residence OF several year, ~
the highest point OF First avenue ara z.
recent study Of the project Tor r1s.s
down this hill, which has 30 long 80
of our principal municipal process
which has been recently brought 70 ~
attention by the Honorable Georp
son Of the Sixth Ward. ! beg 70 ~ "
am profoundly impressed with me IT
immediate action In this matter.
always favored the project DH -
20 me that in view OF the n ss..ss q
problems OF future policy now 1919; zasx i
attention of your Honorahie b~I{
question should receive prompt se'sS
trip along the northeriy portion = go
avenue and into the territory ~ ss~sZ
II will convince any one thai -
has suffered IN the last depIsS@
greater degree than other portions "a
city. A trip along the water ffsn, -
upon the tide fats by tresile ~ -
equally convince any one o. ths !. s 800
practice bslity Of maintaining - -
and facilities for commerce. ~ ~ -
district, upon an economical 49, 49, i
the same shall be filed aceorn.s - n
plan 50 admirably conceived AZ - ~ e
Ing 60 successfully Accompanies ~ : -
attic 4 Lake Washington Wats
pany. ~v.r-r