El Paso herald. (El Paso, Tex.) 1901-1931, 1915-06-24
ROAD bonds To
COST BUT LITTLE
Will Not Cost Taxpayers II
Cents on the $10O Prop
y erty Valuation.

On July q. 1915. a special election
will be held to put up TO the qualifled
voters Of Ell PasO county the opportunl-
ty to vote yes" or no" on a SI5u,OOU
bond proposition for the construction
of more and better permanent high
ways in the county. The interest will
be at percent per annum and the
bonds are paXahls-in 40 years, optional
aftsF-ZU years
The additional burden on the tax
payer Of FL PasO county to be occa-
stoned by the passag &c Of this Sl5O,OUu
road bond issue viii not In any case
exceed lis cents per 800 OF assessed
valuation, or Sl19 per $1,000 II VIII
probably be less. because OF savings
to be made in other directions. The
figure is based on the assessed valua-
ton in FL PasO county Of S44,OOO,O0O in
round numbers, the latest available
basis It is an absolute certainty that
the assessed valuation figures Tor FL
PasO county Will show a marked in
crease yearly during tho life Of this
issue and thus the burden viii be made
lighter each year.
Future Population shares Cost
Tie retirement Of the bonds in equal
proportions yearly for 40 years shifts
the burden largely from the tax pay
ers of today TO the tax payers Of the
next generation, not to mention the
large added population which IS bound
to settle and invest in this county dur
ing the term Of retirement Of these
bonds and who viii pay their share
Consequently, the voters Of today VINO
secure this bond issue and the construc-
tion Of these roads will pay a very
small proportion Of the S750.000- On
the other hand, the returns from this
investment due TO the requirement nm
mediately Of a connected road system
Of permanent character throughout Fl
PasO county viii return profits greatly
IN Of no III amount OF
the extra tax burden on the Individual
tax payer.
Advisory Board OF Citizens.
The majority of Fl Paso county vot-
ers having evidenced their confidence
in the integrity Of the personnel OF
the present board, il is fair TO assume
that the commissioners will use their
best ability and discretion in the eX-
penditure Of the $3.50 600 road bond
issue after il passes Evidencing their
intention to insure the best aVallaole
advice as to the expenditure OF this
sum. all the members Of the commission
are heartily in favor Of the appointment
of an advisory board, to act with them
in designating the roads TO be con-
structed. repaired and maintained the
best materials 10 be used and the cnar-
acter of construction
The selection OF this board is to De
made by the commissioners. The board
Of directors Of the FL Paso chamber OF
commerce will be allowed TO name one
OF the members. 1t is the wish Of the
commissioners to appoint as members
Of this advisory board the men most
highly qualified as to executive aDlllIy
ana knowledge Of the work to be done
With such an advisory committee act
ing in conjunction with the commits
sioners. the tax payer viii be SAFE
guarded, not only as TO honesty In the
expenditure of the money, but he Will
he insured a modern system Of perma-
nent highways in the county which VIII
unquestionabl hasten the development
Of the county and Immediately advance
property values throughout its extent