The Canon City record with which is consolidated the Canon City cannon., 1919-03-27

may refuse to haul &heir water from
the river when thsy can draw It from
the faucet in their homes. Let the
author OF this circulxr come out in
another and tell rs what his party will
do toward paying the remaining $780,
600 OF these water bonds when they
fan due in four veasz from now The
surplus accruing in the water fund for
the next few years, under normal con-
diticns. ought TO be about $4,000 81
year: that could be safely applied on
reducing this debt, but what method
would they devisr Tor raising the other
$3.50. coo?
The fact is thin this city will do just
what any other city, or the state or the
United States government. viii dol
when their obligations fall due and
they have not sufficient money With
which to pay They will refund the
unpaid balance. No reasonable per
son would ever expect that city of
this size would be able TO liquidate
bonded debt of s350.0oo within a
period OF fourteen years: this would
mean. besides a conserving OF the
water fand 10 .tfe extent OF SO Ipee each
year, a tax levy OF approximately four
mills. IN addition to what we already
have: and to do that the people would
rightfuriy protest. In fact. would like
to see every taxpayer that is in favor
Of doing this ) and paying on this
5000. 900 bonded debt when II comes
due in 1873 say''Aye" as he reads this:
for In order to DO 1t now he would have
to begin TO pay an additional levy OF
about twenty mills
OF course 3: Is not fair or rigfI1 that
the present taxpayers shcoid pay more
than their Just share of an enormous
improvement likesthis which WIN serve
the people for years A just part Of
IL should be paid in the future which
Is possible by issuing refundins bonds
Our fuformer afso tells Us fhat the
upkeep of the water system Is beccm-
ing excessive and will become hezvier
IN the years to follow. What are the
facts IN MS connection? The upReep
expenses of the oid pumping syErem
which the city maintained before fhe
new system was installed was appruzi-
mafely sIb.uc0 per year. while the pres
enf running expenses or maintenance
charges uf ri,e new system are about
SIC. 900. In other words. the EXPENSE
OF maintaining an assoc OF the city m
vosvirg an investment of approximate
" s7o.ooe as ffIe old system wss. rs AZ
least cnethird greater than the cost
OF maintaining an asset IN the way cf
The new system which frvoived an snr
l+estment of t3so.oco.
The information that we are paying
rls.5co interest on water bonds is ap-
proximafely correct: the only respon-
sibiiity attached 70 the present city
council is that they shouid sse that Il
is paid when n falls Que. and this they
have always done. Ind. in fact by the
reduction OF this bonded debt in the
sum Of $50. 1000. they have car-ed the
amount OF interest psdd out to be re-
duced in the sum OF sa.6oo per year
Just Why the city council wiil have
to pay fse sum OF s1oo.oco or ssecseecl
on ms water system within three years
our fnforner does not mak~ clear. pr-
less n r. a sort Of nightmare, for the
time being. 10 catch votes
Another charge is made in this cir
cuisr that the penitentiary Is b<ing fur
nished waier without charge ny the
city
This city council. when n rerne in.
found contract for a DEFINITE term OF
years existing whereby the perftent-
inry ns furn.gh;f ssnfftered y .'er .ar
the irrigating cf twenty acres Of land
for the sum Of 800 per year. Can nny
one say that S. per acre is an unrea-
scnabie price TO charger We think
not. In fact, we are reliably informed
that where the charge is IN exress OF
this amount farming IN Colorado can
not be made to pay.
We are told that Canon City 10 now
bonded to fits limit. This is true as re-
cards It's general indebtedness which I
is $4,000. but when was this limit
reached? Not during the existence Of
a Reform party in Canon Guy; and
what action can this or any ether
council do that VIII change this conds- !
ton, Nothing but a united effort on
the part Of all OF rs in building up al