The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-04-29

eiAipIZ l>iltie estate, VIII be enabled TO
make the offer, through the action Of
the city council last evening, which
granted an option to the syndicate to
buy the desired land for $S5 600
tuesday evening the city council, by
a vote of to Z, refused to entertain
negotiations to sell 1870 feet fronting on
First South by 165 on State street for
Sf5,0OG, and the council was convened
IN special session last evening to con-
70 slider an amended proposition from the
syndicate. The question was discussed
an all its bearings, and finally, by d
vote of 10 TO /, it was decided to offer
$50 by 165 feet to George A Lowe for
the syndicate for $S5, 600. The reduc-
tlon Of ten feet from the First South
street frontage will leave twenty feet
on the west of the fire station for an
alley.
Duration of Option.
In the motion that prevailed. no time
was specified as to how long the offer
would be open for acceptance, and the
council adjourned before Councilman
Wallace could offer motion directing
the city attorney to draw the contract
of sale.
OF course if the syndicate fails to
induce the United States treasury de-
partment to accept the site, the deal
VIII be off, but the syndicate is hope
iuI of success. One member of the
syndicate stated privately that $4,000
would be asked the government for the
$50 by $50 feet, but this may be incor-
rect, since it is generally understood
the syndicates which are Offering the
Deseret News corner, the Continental
corner and other sites for the public
building are asking only one dollar.
That the action of the council last
evening viii satisfy the syndicate of
property-oMners, is evidenced in the in
Ts4Fa ion
completion of its plans, and the tender
ing of bid, which, with the others in
competition, will be opened in Wash |
ington on May 6.
In discussion of the subject last even
ing, the question of what to do for a |
city Jail, police station and police court !
was considered, with the result that if |
The deal is closed the $50 GOO or suffi- |
Gent of it, viii be used for the erection |
OIL new police quarters and a Jail so |
badly needed, in some other desirable |
and central locality, leaving from S25,
600 to $S5,OO0 for other purposes.
Syndicate's Plans.
At the beginning of last evenings !
session, George \. Lowe was accorded |
the privilege of the floor to make a
statement on behalf of the syndicate
in which he is Interested He said that
owners OF property on State and First |
South streets had pledged themselves
TO subscribe enough to purchase the
old city hall corner if it could be OBJ
tanned at d reasonable price on an op-
ton. The syndicate stood ready to take
IN the required 1ifteen-foot strip on the
south from the Stevens estate. and he |
believed the government would select
that site for the public building. In
his opinion, no better nor more CEN
trally located site could be obtained for
the purpose The needs of new Jail
and police station, Mr.. Lowe added.
are very pressing. and he suggested
that he knew of other and as good sites
for new police quarters at half the
price per foot which the city could get
FOR the corner.
In answer 10 a question from Presi-
dent Barnes. Mr.. Lowe said the old
buildings would have to be removed
from the selected site within thirty
days after the government concludes
the purchase, and replying to Council
man Nailaces question, he said the .
syndicate could stand a little higher
price than $4,000. the figures proposed |
and rejected Tuesday evening by the |
council.
Disclaimng that he had any d'sDo-
sition to antagonize the proposition, ]
Councilman Romney reminded his col {
leagues that their duty is to the whole {
city and nothing should be done by !
the council to influence the location of :
the government building on any par !
ticular site, 10 the discrimination of /
other competitors. Romney figured {
current prices on really fronting on the )
west side Of State street, below First
South, at from $500 to SEQ foot, which ,
was considerably higher than the old
city hall corner, on a basis of So GOO.
Quotations On Land.
Nephi W. Clayton told the council I
that the Brigham Young company l
would sell $50 feet of STATE and First J
South street frontage at $3.50 a foot 7
In his opinion $4,000 would be a good .
price for the city's corner, and if it
were not for the prospect of locating
the federal building there it could not +
be sold for half $4,000. The city, he c
believed. should take advantage of the a
competition and agree to sell it to the !
syndicate. whose property would be I
by the location of the federal \
building on the corner Answering n
Somney's argument, Mr.. Clayton main 7
aimed that the erection of the post !
,ffice in such a central place would not ',
De discrimination against any local 4
ty of the city. &
Lawrence II. Young, the real estate j
agent, quoted prices on realty recently II
sold on State street. The Utah Imple- \
nent company bought five by ten rods g
ioTth of the city's corner for S256 per \,
Iont foot. n
1.-THE Deseret Savings bank win sell N
-hirty-nine and a half feet By ten +
DDS lust across from the fire station | G
or $4,000 or $500 a foot" suggested n
esse Little, who proposed that piece
4 land for a site for the Jail and police
headquarters.
J. ). Fritsch offered the council a
imilar piece adjoining the place on the al
vest OF the one suggested by Mr.. Little W
or $1,000. in
Allen Proposes to Sell. y.
Councilman Alien then moved that W
dr. Loves syndicate be offered the m
ity's corner for $S5,0cO. 81
Councilman Weller announced his on 81
osition to the proposal because he be -
eyed the price too low. and the sale
ct for the best interests of the munic- y
2ality. y
Calister also opposed the motion. be- r
ewing the city should not sell until \
I least double the price named could /
Q secured. He maintained that il is a
OF the councils business to influence Y
he location of the federal building on
ny particular site y
Robertson took the ground that the y
ale Of the old corner would help the \
ity out of a bad financial hole and rid 4
ne municipality OF the ramshackle po-
ce station and more disgraceful iail
uiiding. There would be no need in
is opinion, to buy a site for the new
olice headquarters, because the board y
education is anxious TO trade some y
bandoned school sites for more d6sir- !
BILE city property. on which 10 erect a =