Corvallis gazette. [volume] (Corvallis, Benton County, Or.) 1900-1909, 1902-09-12

II before Such opening was maze.
Extensions to the system of mains
and pipes may be made from time
to time as the growth of the city
may require. Ali water furnished
or supplied through any such mains
or pipes shall be good and whole
some mountain water obtained from
other sources than the Willamette
river.
Section 6-The City of Corvallis,
having at this time great need OF
pure water under adequate pres
sure for fire and other purposes,
and being unabls at this time to
construct and maintain its own
water system, and as an induce
ment to the grantees to accept and
act upon the provisions of this or
dinance, does hereby limit the du-
ration of the rights and privileges
hereby granted to a period of fifty
years from and after the said grant
ees begin supplying water through
their said pipes and mains to the
inhabitants of said city, and dur
ing said period the said grantees
shall have and enjoy the sole and
exclusive right and privilege of
laying mains and pipes, in, I'M
der, and through the streets or
alleys of said city; provided, how
ever, and Notwithstanding any.
thing in this ordinance to the con-
trary, the said City of Corvallis
does reserve to itself, the right, at
the end of fifteen years after the
commencing of said period herein
before named, to purchase the said
water works, including all mains,
pipes, reservoirs, dams, head works,
lands, rights of way, and other
property, personal and real, then
owned and used by said grantees
in connection with its business of
supplying water to said city and to
the inhabitants thereof, the price
to be ascertained and fixed by ap-
praisement by two disinterested ar
bitrators, one Of whom shall be
chosen by the common council of
the City of Corvallis by resolution,
and one by the said grantees, their
successors or assigns; and in the
case the arbitrators so chosen are
unable to agree upo n the valuation
of any part of said property, they
shall select a third disinterested
arbitrator, and the decision of any
two of them as to the valuation OF
any such part thereof, shall fix the
price and valuation thereof, and On
!, such appraisal the said city shall
be privileged to purchase, at the
price of valuation to be fixed and
established, the whole of said pro
perties, but not less than the whole
without the consent of the grantees
and the acceptance by the grantee:
of the rights and privileges granted
by this ordinance shall obligate
: and bind the grantees, their sue
= cessors and assigns, to sell and de
: liver said properties to said City o
i Corvallis at the price and valuation
/ established in accordance with thi
: section; provided further, that il
= estimating the value of such pro
j perties, the value of the rights
/ privileges, or franchise granted b,
f this ordinance shall not be included
: or considered; and provided furth
t er, that if the said city does not ex
ercise its right to purchase saie
5 properties at the end of said perio'
r Of fifteen years it shall have tn
r right. at the expiration of any per
= iod of FIVE years thereafter, to ex
Y ercise simi1ur right to purchase
t the price and valuation to be fixet
/ and established in the manner here
a inbefore set forth; and provided
t further, that the right to purchas
S shall in no case be exercised b.
: the said city unless it shall, at leas
/ two years before the time for pur
/ chase, have notified the said grant
: ees of its intention to purchase un
Y der the terms and conditions here
: of.
Section The parties named il
5 section one of this ordinance shall
file their acceptance of its condi
5 tions within thirty days after the
: approval hereof; otherwise this or
dinance shall be null and void.
,l GENTLEMEN: In anticipating the pres
, ent and future needs Of the City OF Cor