The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1912-08-02
SHALL We VOTE
THE BONDS ?

water works system for the whole 81
Cosl,ill. IL to bee submitted to m,
qualified electors Of said city on
August 9th, II this year. NO doubt
all Cualvil'e citizens agree that an
adequate water system would be- de-
sirable la our beautiful little city.
Some assert II Is - necessity. hut
the great question which confronts
most ~ us is: CAN WE AFFORD
IT UNDER PRESENT CONDITIONS p
For the purpose ~ giving the tax
payers accurate Information on the
expense ~ the proposition. the
writer has examined the assessment
rolls aud finds the following facts:
TIE total assessed value ~ prop
srty within Coalville city is u little
over SuO,OuOOO, OF this amount the
corporations, such as our stores. the
railroad and telephone companies.
are assessed over tl2b.OOOOO. This
ratio means that every time that
so ~ In paid on the bond issue the
corporations shall pay $40 aud the
people shall pay $500, or In other
words every time u bond ~ $4,000
Is paid the corporations shall have
paid $4,000 NJ the amount and the
people shall have paid $4,000; or on
the whole bond issue the corpor-
ations shall pay $4,000 and the
people shall pay 81, 5000.
The writer will carry the above
forward another step. but on n
slightly different basis, that each
person for hiL,self, may ascertain
his individual expense for the
system.
There are approximately 100 quail
fled electors at the coming election.
OF these 100 persons forty are rs
sessed with slightly over t76,OOO %
w-rth of property. This s7r,oso -
atsdrtitror tlsa tfnssu-.s .~s.s-sd ~ ~.
corporations make t200, OOOOO worth
OF property assessed Ia the forty in
aud the corporations with
In the city. Deduct this 500, 10000
from the total assessed valu-
alton Of sSO0,OOOOO aud H.
leaves 100000 worth Of
property assessed to the remaining
l2O qualified electors. An examin-
alton of the assessment rolls show
that each Of these l2O qualified elec-
tors Is assessed with less than
$4,000 worth Of property. Ia fact
only forty NJ them are assessed with
over $500. uOworth of property, lrnv
Ing eighty persons assessed with
$4,000 or less, those eighty persons
representing ouc-hali ~ the quail
fled electors NJ the coming election.
Now, MIR. Taxpayer, i.t ~ get.
down to cold facts. On an assess d
valuation Of '3o0,OOOOO, II will re-
quiro az. nil AK per year To- pay
oil the slb,OOOOO bond isBu" In
twenty years.
This means to you Mr.. Taxpayer,
An expense OF twenty-five cents on
each 500 ~ of assessed value ~
your property, per year. So look up
the amount ~ your tax notice or as
certain what 1t is from the county
clerk, and II you find that you are
assessed with tlOO 90, the cost tu you
will be- twenty-five cents per year,
aud II you lind that yOu are assessed
with $4,000, the cost 10 you will be-
fifty cents per year, aud on $4,000
tho cost will he il,26 per
year, aud on u $4,000 assessment
the cost will be 81 ~ per year
From the above facts We ascertain
that eighty Of the qualified electors
NJ the coming election will pay u tax
u .l,25 or less per year and that
forty additional qualified electors
will pay u tax Of 3225 or less per
year.
Mr., Taxpayer, the writer stands
'hig W N'lllN llf uHhNf IFNlcHs .
Now, which shall It be? The pump,
DR. a modern waterworks system. 4
wAterworks system Is
cheaper than Apump To at least one
half Of the people Ia the city. The
lie ~ n pump is not liable to eI-
seed twenty years. Its original cost
= about 1890 THE means Toe
ger year on the original invest
nent, Look up your pump bills and |
ascertain whether or not you have
expended Toe per year In time or
money to keep the pump going. II.
Tou have this means il5O per year
or the maintenance OF your pump,
ir 2bc per year more than half the
persons Ia the town will be- required
10 pay to install a modern water
works system, NJ II will only cost
H.. % per year on AL assessed vAlu- |
alton Of 10000, and eighty Of the