The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1913-01-23

A difference of 100000. aside from
impounded money. stands in the way of
Spring Valley selling out to the city.
The city offered s87.ooOooo and half
the impounded money to the water
/. company yesterday. The company de-
elined. insisting on ss7s5a0.Ooo and all
the impounded funds, This the city
refused to give.
AS far as Spring Valleys special
negotiation committee is concerned. all
negotiations are off. but Mayor Rolph
hopes that the company's directors and
stock holders will appreciate the lib
erality of the city's offer. and accept.
The climax OF the recent negotiations.
to be held in Rolphs office since De-
cenber 10. came last night at meet
ing in the mayors Office OF the cftys
advisory water committee and the spe-
cial committee representing Spring
Valley Both sides laid their cards
on the table and they failed to agree
The water company's representatives
stated that the ultimatum of the city
officials left them no course except to
decline the offer and go back to their
directors and ask that they be dis
charged from entering into further
regulations
NEXT STEP CONDEMNATION
If the deadlock proves permanent. the
next step toward acquisition of the
works by the city Is condemnation. A
resolution requesting the city attorney
TO begin condemnation proceedings al
ready has been submitted to the board
OF supervisors by Supervisor Bancroft
1t is now in the hands of the public
utilities committee.
While there is difference of but half
million in the prices named by the city
and Spring Valley, the impounded
money is a big item. amounting to ST.
$4,000. Spring Valley wants all of it.
The city proposes an equal division.
There is thus difference between the
two offers of s1.175,OOO. representing the
Rrice difference of 100000 and the i'm
pounded money difference of s675,Oo
But the city officials do not consider
the matter in that light. They point
out that the question of who will get
the impounded money is an uncertain
one. The courts might decide that all
OF il belongs to the rate payers, or that
all of it may be kept by the water
company. Since its fate is so uncer-
tain, they declare that their offer to
b,1 of = 10 he
liberal. In it's previous offers the city
always allowed Spring Valley all the
lmpounded funds.
FRIOR OFFER $3s,5O0.OOO
Prior to the terms made last night
the situation between the city and the
water company rested on Spring Val
ley's offer to accept s3S,500, 900 for all
It's properties, with the exception of
1900 acres of Lake Merced lands The
city had offered ssS,5O0.O0O for all the
properties, including the Merced lands,
and refused to accept the company's
counter proposition.
The differences between the city.s
offer of s3s,5oo. 600 at that time and
its s27,o0o.0oo offer last night is due
10 the city's willingness that the COM
pany retain a large portion of prop
crty which City Engineer OShaugh-
messy has decided is not necessary for
water supply purposes
MAYOR ISSUES STATEMENT
Mayor Rolph. in a statement made
last night following the conference,
@Splains how these properties figure in
the city's offer and sets forth the two
propositions in detail. concluding with
Continued on Page 4, Column 9