Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1920-11-15

ditorium and would support it, al
though I realized that this auditors
tum, by reason of it's. unfavorable To-
cation and poor condition, could not
long satisfy the needs of the city if
there was any material growth and
that the .sizeN of the city at present
was insufficient to adequately support
such a building with reasonable profit
therefrom. ~, *
Proposal.
The purpose of the auditorium. is
very largely public in its nature: it
is an institutions that ought to be sup
ported by the taxpayers rather than
by a few men or by one man..
I think this auditorium ought to be
bought by the city and operated by it
as a city institution so that u peo-
pie may have an appropriate place in
various sorts.
AS a city institution operated by the
city, local pride wodld serve to fore
will Enthusiastically arise if the in
%stitution is priyatelyspwned audit Will
also insure l1atssthet7Np people will have
an appropriate gathering place for
the future: We need am. ar1nory and
Itlie auditorium building can be
readily. adapted thereto as an addi-
.tional use.
think the city ought to pay an
amount sufficient to reimburse me- and
to pay the first and second. mort
cages, which amount in the aggregate
will approximateas25, this amount
Is much less than the building cost
when built Or what it would. cost to
reproduce the building today.
] am advised that the city is not
in a position to purchase the proper
ty without submitting the question to
q vote of the people: whether or not
this be true, l think the question
ought to be submitted to the people
and let them decidesswhat lis wanted.
I appreciate that 1T would be i'm
possible to submit this matter to q
vote of the people and have the deal
closed before the expiration of the
year of redemption so I propose that
II extend an option to the city to COM
plete the purchase, such option to be
for a reasonable period and to expire
not later than Jan. II, 1921. and con-
ditioned more ove that the call for
the election be issued by the commits
sioners not later than December 1.
MY reasons for including the
amount of the second mortgage in the
purchase price arc
l. The city could not duplicate the
property for an auditorium for much
more than this amount; if the city.
needs an auditorium it ought to be
willing to pay an equitable amount
for it. particularly when such equita-
Bile amount is far less than 1t would
cost to reproduce the property.
g. The men secured by the second
mortgage are, in a position very diff
ferent from other contributors to the
auditorium; every n of these men
have made contributions aside from
the amount secured by this second
mortgage; when they signed the notes
secured by the second; mortgage they
Intended merely to lend their credit
to the auditorium; 1t. was represented
that the society would pay the notes
and that they would not be required
to pay the notes but that if, through
some miscarriage. they should be
forced to pay the notes they would
be reimbursed through this second
mortgage which would stand as Sc
curity therefor and at the time this
seemed an assurance reasonably GER
tain Of fulfillment; their contributions
under the second mortgage were,
therefore, q forced and Involuntary
,,contEibutton in addition to the
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