Arizona republican., 1914-04-22
BOND ELECTION
 IN. TEMPE SATURDAY
City Council Have Contract Ready tor Signature as Soon as Money
 is Supplied

For the purpose of discussing more fully the sewerage question and in or der that the matter might be put more clearly before the people of Tempe. a good number of local taxpayers, about thirtv-five in all, gathered Monday evening in the Council chambers. The entire meeting was given over to the matter of a sewer system for Tempe and the best methods of obtaining the same.
 There was no dissention at all to the proposition All were in favor of in stalling a system here and all realized the value of the same to the town. The matter under discussion most of the evening was the most efficient means of obtaining the same. There were several speakers during the course of the argument and all were well posted on the question.
 The reports made by those more closely connected with the matter show that al the preliminary steps necessary for the construction of. the system have been taken and it now remains only for the city council to enter an order for the contract work and make the re- quired assessment upon the property This latter action lies within the pow CTS of the council. In order to be def mite in their calculations and in order that the taxpayers of Tempe might know exactly the cost of constructing the system the council have now in their hands a signed contract and the bond of Doyle Brothers of Tucson. The contract calls for the construction of complete sewer system and dis posal plant for the sum of s32, ,050.00. Upon this basis the cost per square foot of property has been computed and found to be sooS5. Knowing the cost, each property owner can compute exactly what the system will cost. For illustration a lot 5Ox15O will be as sessed s32OO
 Under the statutes of Arizona when i the council see fit they may levy the assessment for construction work and collect the same in cash or have the property owner issue improvement l bonds in case the assessment is not | voluntarily paid within a period of I thirty days. The improvement bonds | issued are payable to the town in twenty equal annual payments at six | per cent. the latter payable semi-an nually
 1 The election called for next Satur- l day. April 18th, is for the purpose of | considering the issuance of what are known as investment bonds. The cleo tion will in no way affect the construc- ton of the system but will simply be 6 1 means of deciding in what way it vii be handled If the investment bond: are voted the same will be sold an(
 the town will be able to loan the pro ceeds to the taxpayers to the eXten necessary to enable them to pay thu
 assessment against their property
 The taxpayers in turn can repay tn,
 town with improvement bonds payable
 in twenty equal installments. Thi
 means that the construction of tn | sewerage system will be easily born by the taxpayers if the bonds are s issued.
 If investment bonds are voted dow
 the council will probably levy the nee
 essary assessment. collect the same an
 construct the system.
 In order that the taxpayer who i'm
 proves his property may not be penal
 ized for so doing the assessment wi
 be made per square foot and not ac
 cording to the value of improvement
 This has been thoroughly worked ou
 and it has been found the most eQuit
 able means of making the assessment
 There is some opposition to this nov
 but a little study on the point wi show that it is only fair to everyon concerned