The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1913-07-29
o ROADS FOR WAKE


~, for tina is a matter recognized.
The concern now in each county IL
with regard 10 the funds needed, the
taxes. the men in charge and the
plans for the work. That is a matter
now Of especial interest in Wake
county. for on the twelfth of August
there is to be an election on a road
bond issue Of one million dollars, it
being held that such an amount is
necessary 10 put the roads OF Wake
county in a thoroughly first-class
condition.
The bond issue asked is large, but
the in which it is to be OPP
Grated is planned to make no increase
in taxes How? The plan is to use as
much as necessary of the taxes now
collected, about $4,000 a year, to pay
the interest on the bonds. and to pro-
vide for a sinking fund to retire the
bonds in forty years. The calculation
IS that with $3.50 semi annually. or
81, $50 yearly ara sinking fund, prop,
erly invested, the issue can be retired
within the forty years. The interest
on the bonds, with the entire million
Fdol'ars in use. win be $50, 600 a year.
this with the sinking fund making
$3.50, this taken from the annual
road taxes of about $85, 200, leaving
about 37S, 900 t be used in repair,
maintenance and general road work.
With increasing values and natural
growth the $6s, 900 Of road taxes this
year Will increase and before the for
| ty year period is re- the fund win
reach perhaps as much as 81 so, 600,
! il 1t is found that SO much is needed.
money. The bill provides for a
Highway Commission, composed Of
n member from each township and
four from Raleigh township, to be
elected each two years, the Chairman
Of the Board Of County Commission
ers to be ex-officio chairman of the
II VI ~
Commission are to be elected on Au-
gust IL by the voters at the bond is-
sue election. This gives each town
ship a voice in the matter, the mem
bers to be nominated ard elected by
each township for itself. An eAecu-
tive committee of three is to be elect.
cd nv the commission from ire mann
bers, one to be a resident Of Raleigh
the Chairman of the Board Of Count,
/, Commissioners to be eX-OfflciO chair
man. h committee will be in direc
charge of the expenditure and of al
matters of the road construction sub
!. ject, Of course, to review by the Com
mission. Members of the Commissiol
8 are to receive $500 a day for nc
n more than tweive days in each yeal
$ and members Of the executive com
d mittee the same pay as County Com
IS days a month. Vacancy on the Con
;: mission is to be filled by the Con
mission from b township in which
occurs. The county treasurer is
be treasurer ex.oficio.
The plan provided for the buildin
of permanent roads is that there fir
be constructed tour main or trun
to lines. The first road construction
to extend northward from Raleigh
the Franklin or Granville line; Il
e. second road from Raleigh eastward
to Johnston or Franklin county lin
the third road from Raleigh southe
V to Johnston or Harnett line, a,
fourth in westerly direction fro
Is Raleigh to the Durham OK Chatha
line. When these four roads ha
:. been completed the Commission
:. then to build such other roads as tn
may deem for the best interest Of t
- NeODlo ~ WI. IL -