Arizona republican., 1909-04-02

| Buren street on the north, Fourth street on the east, Harrison street on the south, and Fourth avenue on the | west. The main conduit runs south on Center street from Van Buren street to Yavapai street, thence diagonally to the sewer farm, one-half (h) mile west of Center street, and one CD mile south of Harrison street. (See accom- panying map showing the various lines, | farm. etc.)
 The system was constructed in 1893. of the best materials, under careful in- spection. at cost of s43.600. includ- ing the sewer farm. ditch. right of way, etc. In the meantime, the system has been. extended. other real estate pur- chased. and the whole put on a paying. basis, and at the same time the real estate has much increased in value The present owners have outstanding against the property bonds to the amount of sS2.000, and offer to sell to the city for same amount
 The question naturally arises, Why such an increase in price over the or iginal cost sixteen years ago. and what would it cost to duplicate the system as now constructed? That our process of reasoning and our conclusions may be clearly understood, we give here with an itemiZed list of materials, la bor and real estate entering into the original system. with the present val ues gained from the best available sources on the same material and la bor. and also showing the increased value of real estate. etc:
 Items Entering Into the Original Sew
 CT System.
 SiXteen-inch terra cotta pipe. s.55O feet; S-inch terra cotta pipe. 2O.760 feet; S-inch Y's pipe, 1.344 feet: 75 manholes. 1 outlet, s43,6OO.
 Farm. original cost: right of way from Apache to Yavapai street; ditch across farm: plat books.
 The cost of labor is greater today than in 1893, and if the average con- tract cost of laid pipe. as above. be used as a basis. there should be added for increased expense account at least 5000: making a total cost today of not less than $50.600.
 Additions to the Original System.
 Six-inch terra cotta pipe, 4,552 feet, at 75 cents, S3.414; 6-inch Y's-excess over straight pipe-57 feet. at 2S cents. S15.96; 10 manholes. al S71. s71O: 15 flush tanks. at s125. $1.s75; S27 house connections, at $l5. S4.9O5; for increas- ed cost of labor. $1.000. Total, sl1.- 9I9.96.
 Lots and buildings. corner First and Buchanan streets. S2.5OO; stock on hand (see accompanying inventory), | $1.66S.43. Total value of additions, $16.OSS.39
 It may be said that, in a new system, the cost of these additions would be borne by the householders: but, even so, the money must be paid by some one. Inventory Phoenix Sewer and Drain
 age Company.
 Stock on hand in warehouse: Four inch terra cotta pipe. 2,S24 feet, at 1S cents. $367 l2; 6-inch terra cotta pipe , ? AGO feet. at 21 cents, s516.S1; s-inch terra cotta pipe. 15O feet, at % cents, | $43.50; 16-inch terra cotta pipe, 125 feet. at S3 cents. s103.75: 4-inch spe- cials terra cotta pipe, 530 feet. at 2S cents. $14S.40;: 6-inch terra cot,a pipe, 235 feet, at 45 cents. s105.75: sinch l terra cotta pipe. 12O feet, at 63 cents l s75 50: 400 feet of rods. $50: 500 feet of wire cable, $50: shovels. laterns. picks. etc. S25; horse. $19O; wagon, $25: harness, s7.50; office furniture, $50 |
 Total. s1.e6S43.
 Increase in Real Estate Values.
 Present value of farm, 129 acres, at SI25. sl6.I25: II acres, at $40. S56O; 59 acres. at g. SIS. Total, S16.SO3. | Value of right of way from Apache to Yavapai street. $500. Grand total. S17,- sO3. Original cost of farm. s3,5OO; or iginal cost of right of way. $25O. To- tal S3,75O. Increased value of real estate. $l3.553. Total estimated present value of entire system. sS0.241.39.
 We desire to call attention to the low appraised value of the 129 acres of the sewer farm, which by many is re- garded as well worth $40 or $50 per acre. This would add $2.935 to the to- tai increased real estate values. giving $I6.4SS. instead of S13.553 as above, but we call attention to this fact as illus trating the conservativeness with which this report has been prepared. Total Cost to Duplicate the Property
 of the Phoenix Sewer and Drain
 age Company Today.
 Original system. $43,600; increased cost of labor, $7.00O. Total, $50.600. Additions to original system, S16,OSS.39, increased cost of labor, s1.0O0. Total, $17,OSS39 Increase of real estate val ues, SI3.553. Grand total, $S0.241.39.
 The item increased cost of labor" which adds SSOOO as above, were re- garded by engineers consulted as still below an amount which might be re- garded as fair and reasonable.
 Condition of Present System.
 No repairs are necessary.
 The system has been carefully ex-