Little Falls herald. [volume] (Little Falls, Morrison County, Minn.) 1889-1950, 1921-04-01
BONDS Are SOLD.
COUNCIL INFORMED
MONEY NOW AVAILABLE FROM
100000 1sSUE-WATER
REPORT MADE ,

/ ~ d McttAuS u tue Guy COuACA r.
day evening, a communication from the
Minnesota Loan & Trust Company ad-
vising the council that the $4,000 bond
issue had been disposed of and that the
money would be turned over to the city
after March 80, was read. A bill from
the company for $685. as commission
for services as fiscal agent in disposing
of the bonds, was allowed.
! F. w. Cappellen Of Minneapolis, en-
gineer, in letter to City Engineer
Reilly which was read, advised against
putting any crown paving on the floor
Of the Broadway bridge at present. He
said that a coat Of asphalt oil or travia
is all that is necessary.
! Street Commissioner LaFond was in
structed to install culvert at the in
tersection of Fourth street and Seventh
avenue northeast and to do any grading
necessary on the street to drain it prop
erly. A petition from property owners
in that vicinity asked that this be done.
The bond of P. II. Holum as justice
of the peace was approved and ordered
; filed.
A plumbers license, was granted to
the Little Falls Plumbing, Heating &
! Ventilating Company and the bond ap-
proved.
Aldermen Brown and N. j. Peterson
and Engineer Reilly submitted writ
) ten report Of their investigation of the
! water supply at saltwater. The report
showed that Saltwater purchased the
water system, consisting of ~ miles of
main, $50 hydrants, a pumping station
and other equipment, for $145,00C, in
1910. The system there is governed by
water commission which serves with
out pay and is operated by a paid
secretary, assistant secretary and an
! engineer, at a salary cost Of about
$4,000 year. Commenting on their
, observations, the committee members in
! the report stated that comparing the
Saltwater system with the Little Falls
system, the revenue from the plant here
would be considerable less than at Still
water as there are but $50 consumers
here, as compared with 1850 at Still
water, that at the time Of the purchase
of the Saltwater plant, no expensive
additions or improvements were neces-
sary; that the rate Of interest on bonds
paid by that city is 4 per cent, rate
that Little Falls could not secure at
this time; that the city of Saltwater
has paid off 100000 of the indebted
ness on the place in ten years and the
service rates have been reduced so per
cent. The report concluded with the
recommendation that the city council
enter into negotiations with the Little
Fails Water Power Company and make
an effort to arrive at a fair value to
both sides. Accompanying the report
were figures relating to the cost OF oper-
ating the plant at saltwater, etc:
There was some discussion Of the
water supply question follow ing the
reading Of the report. City Attorney
Vernon called attention to the fact chat
the figures on valuation Of the plant
given in the Bass report are higher
than the company could obtain i'll con-
demnation proceedings.
The members Of the committee stat
ed that officials at Saltwater suggested
that Fargo be included in the list o.
town that Little Falls committees ex-
pect to visit, as the conditions sur
rounding the purchase of the water
plant there were similar to those here.
The officials advised against purchase
of the electric light system, committee
members stated. Ut might be stated
that saltwater does not own its light
plant).
It was the opinion Of several Of the
aldermen that the price asked by the
local company is excessive in compar1
son with Saltwater. They pointed out
that the system here is only two
thirds the size Of the Saltwater system;
that the pumping equipment will have
to be replaced; that the number OF
consumers is only about one-third.
The following bills were allowed:
R. R. Reilly, expense Saltwater
N. j. Peterson, expense Still
water trip ............:... 11''o
E. s. Brown, expense saltwater
West Side Sewer Committee,
! equipment and labor. 3,O|o.zo