The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1918-07-20
WATER BONDS WERE
SOLD LAST NIGH 7
FIRST NATIONAL BANK BUYS
THE RECENT ISSUE AT PAR
AND ACCRUED INTEREST
ENGINEERS ESTIMATES
Hickory Greek Plant Would Cost
$39l, 500, and Washita River $780,
300. But Expense of Operation Of
Washita Plant Would be Heavy.

The mayor and the city commits
sioners at recess meeting last
night, disposed of the bonds for an
additional water supply, extension
of water mains, extension of the
sewer system, and the construction
of an incinerating plant, totalling
$490,OO0, to the First National Bank
of Ardmore, at par and accrued in
terost.
Under the laws of the state, mu-
nicipal bonds may not be sold at a
price less than this, but on former
occasions, when bids were made on
these bonds, the offers contemplated
discount to which the mayor and
commissioners could not agree, but
last night c. c. Roberts, represent
ing J. r. Edwards, bond buyer. ap-
peared before the meeting and Of
fered to take the bonds at the above
price, the money to be paid within
ten days after the bonds shall have
been approved and delivered. The
offer also included the provision
that The buyer will pay for all legal
work necessary to complete the
transcripts and to comply with the
law governing bond issues.
Mr.. Roberts said he was author
lied to make the offer in the name
of J. R. Edwards or the First Ma
tional Bank of Ardmore. The name
of the bank was inserted in the con-
tract, the resolution adopting it was
voted and it was signed by the
mayor at the meeting last night.
Resolutions were passed APPROX
ing and adopting the plans, specif-
cations and prohles for paving Fifth
Avenue, northwest, from the west
line OF Washington street to the
west line OF + street, northwest,
and Seventh avenue northwest from
the west line of Washington Street
to the east line of Wolverton St.
McIntosh's Estimates.
Engineer Mcintosh submitted es-
Inmates on the cost OF securing
water from Hickory creek and from
the Washita river. For Hickory
Creek. he said, the dam would cost
Sl50000, the land and clearing it.
$4,000 and the pipe 1921 900 making
4 total cost of 1901 $50. For the
Washita river plan. pipe. SlS4, 800,
hltering and softening plants $4,000
and pumping stations and machin-
cry. $4,000 making a total of $780,
800.
There would be no cost of oper-
ating a plant bringing water from
Hickory creek, as the water would
come to the pumping station by
gravity.
For the Washita river, at the pres
ent cost for power, 2 3-4 cents per
1000 gallons, there would be 81. so
for power and Sl050 for labor
chemicals 5000 labor for the FL
tering and softening plants and al
lowing s. for incidentals. the cost
would be Sl0420 per million gal
Ions. To cut out half the chemicals
and make partial softening plant.
would reduce the cost 10 SlO5.S5.
The engineer had figured for
IIickor creek a dam 10 feet high.
There would be in this, he said. H.
900 cubic yards of concrete and this
he had estimated at $3.50 per yard.
Commissioner Fraley was of the
opinion that the dam could be built
for much less than this amount.
More than this. the commissioner
said, they are going TO take up some
old pipe and with what they now
had on hand they could save the
cost OF nearly one mile OF pipe.
The mayor said the cost of bring
ing water from the Washita river |
would be a constant. neyer-ending
expense. whereas with the dam con-
strucied and the pipe laid to Hick-
Dry creek, the expense was ended.
Not only this. but the water coming
TO the pumping station with a
strong head. the cost OF pumping
here would be greatly reduced.
Cotner Proposition
The Washita proposition submit
ed by James A. Co;ner was pre-
ented and considered by the mayor
nd commissioners. The mayor said
nc did not believe il would be best
o adopt a plan at this time but to
ct IL 90 over TO the regular meet
lContinued on maze 81