White Pine news. [volume] (East Ely, Nev.) 1920-1923, 1921-02-13
h. piedrichLr am in favor of it pro-

Il. Diedrich-I am in favor OF II pro-
ded the bonds are sold for not less than
% cents on the dollar.
!. r. callahan-It is just a waste OF
time andsmoney to attempt to sell bonds
Mt the present time on account OF finan-
cial conditions. Why discount them at
all? Why not sell them at home?
%. q. ~Bates-Bonds are now selling at
so much below par that the plan is not
practical. Money IL too tight at the pres
mt time to attempt to sell bonds. ] no.
cents on the dollar, which are redeema bic
in a few years at par. ! do not think Ely
bonds could be sold at all. except at too
NJ. T.. collins-In my opinion the city
will experience much difficulty in selling
bonds. Would rather wait awhile.
ii. W. Bishop-Sot In favor of IL. Would
prefer AN open cemented ditch.
Henry Nicholson am not in favor OF
selling bonds At less than par.
Ed Wilson, am i'm favor of IL If a limit
is put on the discount of the bonds.
Fred Vest think the public generally
would prefer to have the matter left over
I'm all proba bility be constructed for much
less money. ] believe an. open concrete
sewer could be constructed for much less
money than tfg proposed plan
Arthur Knecht-Bonds are selling so low
and the cost of construction Is so high
that | think the matter should be delayed
for. another year
II. =. Stnrdevani i 4m not familiar
with local conditions. but this is a very
poor time 10 sell bonds.
A. j. PROCTOR think the sewer ought
to be bnilt. but market conditions are not
right nj the present time for selling bonds.
] do MOI think II would be a good business
proposition 10 sell them at the present
time. Tie market will soon improve and
the storm sewer can wait until the bonds
can lac sold ut ii reasonable price.
I'D Millard-i think il WAS bad policy TO
wait until the present time 10 build the
sewer. II should have been built long
ago. II will cost 40 per cent more now TO
build than II would have cost five or six
years ago. do not think the bonds could
be sold FOR more ih8n - cents on the
dollar. therefore II would be = great mis-
take TO sell them now. If the storm sewer
Is butt At the present time II Will cost
AZ least $40. 600. which would necessitate
the issuing OF about s55. 900 In bonds 10 be
sold at the market price.
X. II. Holtzman-I am opposed To sell
ing the bonds at a heavy discount. but
would favor the proposition If they. could
be sold at -.
Chris Rowan-1f the bonds can be sold
AT a fair price | am In favor of II. but I
am opposed 10 selling them for less than
80 cents.
Joe FouiIleul-lf the bonds can be sold
at I cents IL would be better than 10 make
temporary repairs on the storm sewer.
which would eventually be lost.
Joe Teis-I am opposed TO selling bonds
al q sacrifice. J believe they could he sold
al home 1t "A much better figure than In
the east. ] VIII take some Of them.
Now. Mr.. Mayor. are The above state
ments from prominent taxpayers suni-
GENTLY strong TO convince you that at
least those interviewed were not in favor
Of a bonding proposition at that n%artieu-
lar time. considering the bond market
And yet did YOU not state IN the Record
last week that 1T has always been my
policy that such matters should he put
up to the people fof a decision And.
Notwithstanding their protest. did you put
this matter vi 10 them for a decision
I believe a majority Of the taNpay-
ors OF the city are IN favor Of the
hurry creek sewer. For your in
formation | Will say hat | did make
a report TO the council as 10 the re-
suit of ms trip in connection with the
sale OF bonds. aud the city records
should show IL
And what do the city records show >
Perhaps the following statement from the
city clerk, under the seal OF the cir. will
prove interesting to taxpayers;
Minutes OF the regular meeting OF the
city council Of the city Of Ely, Nevada,
held at the city ball. Ely. Nevada. on
Monday evening, October !. 1920.
"REPoRTs-Mayor witeher made a
statement TO the Council as TO the result
Of his trip TO investigate the bond market
and corrugated galvanized iron pipe for
storm sewer purposes.
II. Alfred Tamblyn. Clerk Of The city
Of lily. Nevada. do hereby certify that
the foregoing is 4 true and correct copy
Of the minutes OF the regular meeting of
the city Council Of The city 81 Ely Nc
vada. held October I. le2e.
eSeaD ALFRED TAMBLYN.
city clerk
Vow. Mr. Mayor. this is your report.