Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1905-03-31
S32,2J0.O4 I
per cent water works bonds that may
be issued in a lawful manner.
Very respectfully,
NORMAN L. HANSON.

Seventh. Mr. Hollenbecli then men
tions the Front street improvement
matter, and calls your attention to the
fact that he thinks you will not
complain of the small assessments on
that score.
1t is a matter of fact that the eX-
pense that the village incurs in the
Improvement of Front street has al |
ready been met by the issue of the
$5293.6l of bonds sold on March 1,
and included in our figures. All other
expense is met by special assessment
against the owners of Front street
property. who have already signed
their desire for the assessment by pc
tition. We believe the law provides
that one-fftieth of that expense may
be paid by general taxation, but it
is a negligible amount.
Eighth. Mr. Hollenbeck then men,
tions the law limiting the rate of tax
alton for municipal or other purposes
at one per cent. This argument is de-
cidedly misleading, if it is intended
to convey the idea that the Law of
Ohio prohibits our doing what we pro-
pose to do, namely, issue 100000 in
bonds and pay for them both principal
and interest by taxation. The law
limits taxation to one per cent for
Current General Expense, but sets no
limit to taxation for the purpose of
paying the village debt and interest.
! 1t is no doubt the purpose of Mr..
Hollenbeck to attack our statement
that the plant will pay operating ex-
/ penses, and he may ask where you
will get the money to pay them with,
in as much as he has already provid-
/ ed for the expenditure of almost all
the funds raised each year.
We take the view that the plant
will pay operating expenses without
considering the fire hydrants, and
for the reasons mentioned last week.
We will state however, that the viii
lage could afford to install the plant
if not a cent of income was received
from private consumers, and for this
reason, viz. That the village could pay
the interest on its bonds, and also
pay the operating expenses of the
plant for less amount than it would
have to pay private company for
its fire hydrants alone, (and bear in
mind Mr.. Hollenbeck favors a private
co mpany).
If the plant will pay expenses with
out considering the fire hydrants, the
town can then pay the interest on the
water works bonds ana also pay of
a $1,000 bond each year, for a less
amount than it would be obliged tC
pay a private company for rental OF
i fire hydrants alone, (and still Mr.. Hol
I lenbecll says he prefers the private
company.
: These are facts worthy of youl
a best consideration, for beyond q doubt
:. if the present proposition is lost a
Il the election, an offer will be received
from some private company to install
y a plant here, and if that should b.
done then surely you, your children
and your children's children, woul
# be a subject of pity, for you woul
-, have a repetition of the present eleC
II trio light situation; the village bein
r obliged to tax you, year after yea
It without end, for the support c
2 of your fire protection. All the profit
=. from the private consumers goini
II not to the village, but to the waite
st company. Do you wish for a situi
t, ton Of this lSnd, if you do, simpl
- vote against the water works propos
- tion now before you, and the sam
will be dealt out to you with gosp
IS measure In face of the fact that OF
er of the ten mills, all that the villae
:. is allowed to levy for the Gener
. Purpose fund, EIGHT mills is require
'e to pay for the lighting of the streets
T. and the poor old town. (no wonder
se is poor) must manage to get aloI
60 some way with an insignificant tv
" mills, and what it receives from IL
ne Dow tax for all other expense, SUI
ne being the case. will Mr. Hollenbet
e. or some other advocate of a priya
NJ water plant, please tell us, in la
~ guage that we can all understand, iu
lu what would happen to the town, If
to was obliged to pay $2,5OO per ye
lie. for fire protection to private COZ
90 pany.
o II the town owns the plant at t
M end of thirty years. every bond W
'ol have been paid. and this without
lie creasing any ones tax, the plal
ur will belong to the town, the prof
- on the water furnished TO priva