The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-06-12
DECIDE ON BOND ISSUE
Council To Submit Plan To the
People.
AMOUNT TO BE $3.50, 900
ACTION TAKEN BY THE Fl
NANCE COMMITTEE.

The finance committee Of the city
council has decided to recommend a
bond issue of $3.50, OOe for water i'm
Drovements That was the result of a
meeting held last night, when all the
members of the committee except Coun-
Gilman Hartenstein were present.
The city attorney is requested by
the committee TO draw UD a resolution
for the meeting of the council this
evening, ordering that the question OF
a bond issue be put to the people for
approval or disaDDrOval.
He will draw up the resolution, which
will declare that the city council
should put the question to the people
and it will be reported by the finance
committee. It IS the purpose OF the
committee that this money should be
Hsed for the work of improving the
water system, and under the statutes
of the state, the funds could be used
for no other purpose.
The vote on the question, when put
to the committee by Chairman Robert
son, was practically unanimous. Whit
temOre, Buckle, Tuddenham, GemmeI
and Robertson voted aye" FernstrOm
who was present, did not vote. Mayor
Thompson was present during the
meeting, and he Joined in the discus
sion He favored the bond issue very
strongly. All the members of the COM
mittee except FernstrOm were strongly
in favor of the scheme to have the
question put to the people. All of them
spoke on the subject.
Four Different improvements.
The committee proposed the issue
OF S25O,OO0 for four different improve
ments. They are to build the reser-
vOir at First South and Thirteenth
East streets, amounting to about $25,-
coo; improvements on City creek,
amounting to $4,000; the laying of
water mains on the east and northeast
benches, $4,000; and the purchase Of
the watershed lands in Parley's can
yon, amounting to about 100000
This work is considered by the COM
mittee to be not only necessary, but
of immediate necessity. They claim
that the water system of the city
is in such a condition that it is not
only short of water for domestic and
for Sprinkling purposes, but on ac-
count of the small supply the city is in
constant danger of destruction by
fire
Tt is declared to be the purpose of the
finance committee, in case the bond
proposition is defeated, to add a spec
ial tax of mills TO the regular levy
of or S mills. Members of the com
mittee state that the improvements will
be made and it is simply a question Ss
to whether they shall be paid for by tax
levy or bond issue.
Contracts Have Been Let.
Some OF the work for which the
money would be spent has been COM
menCed already. Contracts have been
let and work is in progress. There is
the laying of the water mains on the
east and the northeast benches. the
contract for which was let to P J.
Moran for about S6S 600 This the
committee figures, viii amount. to s75,-
600 before ii is finished for it is the
general rule that contracts cost 10
per cent more than the price named
IN the bond, so many things are there
that cannot be placed in the contract.
The construction of the reservoir has
been commenced, at a cost of $25. 900,
but that will, of course, on the same
method of figuring run higher. There
have been abOU( u 600 spent on pur-
chasing watersheds. The City creek
Improvement is chiefly in laying a
larger main to use all the supply.
1t is the purpose of the council or
of some Of the members, to have the
question of a bond issue go to the peo-
pie simply on the bond issue alone.
without naming the character of the
bonds at all. whether payable in gold
or lawful money Whether or not this
viii succeed cannot be fOretold. There
is likely to be some opposition To the
scheme from members of the council.