The Ocala evening star. [volume] (Ocala, Fla.) 1895-1943, 1912-08-29
S68,| 1852
tors Set the Value of the
Ocala Water Works

The board Of arbitrators appointed
TO fix the value of the city water
works made the following report last
night:
1--WE, the undersigned arbitr.tors,
duly selected 10 fix a just and equita
BILE value upon the system of water
works Of the Ocala Water Company
used in supplying said city with wa
ter, together with all the rights, APP
purtenances, franchises, and other
property belonging to said company,
saving and excepting certain property
mentioned and set forth in the articles
Of submission in accordance with sec
ton .. of the ordinances Of said city,
approving the contract between the
city of Ocala and the Ocala Water
Company. adopted September S, 1887,
beg leave TO make the following re-
port, tOwit:
The board of arbitrators has heard
all the testimony submitted by the city
of Ocala and the Ocala Water Com
pany respecting the matters in issue
and have examined fully into the
physical property, as we'll as the books
and records Of said Ocala Water Com
pany. all of which evidence. including
a schedule and inventory of the same,
with the evidence of witnesses relating
thereto. is on file with the arbitrators
and is made a part of the record in the
case
After due and careful consideration
of such evidence and after a full eX-
animation of the property itself, we fix
as the just and equitable value of said
property the sum of -s6S,11632 as the
amount which should be paid by the
city Of Ocala to purchase said prop
erty in accordance with the said con
tract between the city of Ocala and
said company. The board of arbitra-
tors have not considered in making
the above valuation any property eX-
cepted and to be retained by said
| OcaIa Water Company as shown by
said articles of submission.
In witness whereof the undersign-
! ed arbitrators have hereunto affixed
their names, this 2Sth day of August
y. D., 1912.
-. ~ Hazelhurst, Chairman.
! ''Nisbet Wingfield.
| arthur Pew.
I"Constituting the Board of Arbitra-
tors"
The expenses of the arbitration
board are figured at $105.01
The city council will meet al p. m
| to consider the decision.
Much Interest I'm the Matter
The mayor and four cOuncilmen and
a number of interested citizens were
| in the audience when the report was
read. y good many questions were
asked of the members of the board and
many interesting points were raised
and explained. The gentlemen eX-
planned how the plant could be great
| ly Increased in efficiency by the ex-
penditure of from $4,000 to $4,000
| and gave the need of these expendi-
lures. \ more modern pump and engine
should be put in that would material
| ly increase the service and save great
ly in fuel. Direct pressure connection
should be put on, circulation should
| be established on a number Of dead
ends of pipes, thus increasing The
pressure and the wholesomeness of the
water. The stand pipe should be rails
ed to increase the pressure at the
higher points, a few sections of main:
should be replaced with larger ones
etc.
What the People Say
Today the different members of thu
council have been approached by man!
citizens as to what action they would
take. Some want the council to buy
the plant at the appraised valuation
/ Others to reject it. Yet others to com
mence at once to prepare plans anC
i specifications for a new plant and ad
vertise for bids. Some say the pres
ent plant is not worth over $4,000
others, that it is worth more than tn
award states. Some claim that tn,
revenue derived from it, in the mex