The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1922-11-10
MAYOR TAKES UP
QUESTION Of BOND
ISSUE FOR MARKET
Ordinance for Securities May
Be introduced at Next
Council Meeting.
MAY BUILD HALF FIRST
Measure Creating Special Fund
Also Is Being Prepared for
Early Passage.

Plans for the instruction IN the city
council Nov. 20 of an ordinance for a
bond issue for the construction Of at
least part Of the new city market
building will be taken up Immediately
with Taylor E. Groninger. corpora
ton counsel, Mayor Shank said to-
Gay. The ordinance would follow the
fling Of a report by the Mayors
market committee recommending that
Tomlinson Hall and the other mar
let building be torn down and re
placed by a $4,000. 900 structure.
The mayor said he MAY have an
ordinance introduced calling for a
81. 900 900 bond issue 10 erect half the
new project. or that he may ask that
a bond issue of 81, 100000 for the com
plete plant be authorized.
The Indianapolis Federation Of
Civic Clubs is planning TO put its sup
port behind the market project. E. o.
SnecAen, president. announced He
said the federation viii send speakers
TO the various civic clubs to boost the
market program. He said il would
also send representatives 10 other
cities to study market conditions.
New Fund First Step
The first step in carrying out re-
organization and rebuilding OF the
city market Will be the in
PRODUCTION Of an ordinance ere
aung a special fund into which
market fees go, Mayor Shank
announced today. He said he would
instruct the legal department at once
to have the bin ready 20 present TO
the council at the next regular meet
ing, Nov. 20.
Market fees now are placed in the
city general fund. From this source
the city has received an average Of
S47.5T6 in the pE=t three years. In
the forty-1wo years the market has
operatez. a total of s1,0US $50 has been
paid in stand rentals. FOR manage
ment. repairs and requirements 1923
ST. has been spent out OF the general
fund in this period. leaving net rev
enue Of S5G&3=a. This has been spent
or other features Of the city govern
nent.
Special Fund Asked
Instead Z going into the general
fund. the commission contends, ana
the Vomen's Department Club has
contendeG for the past five years, the
entire sum should have been placed
in a special fund. out Of which moth
ing but management and betterment
Of the market should have been paid
for. II this had been done there would
he more than & half million dollars
remaining.
IF the city council indicates willing
hess TO proceed with the plan 10 raise
S2.000CO0 bond issue. 10 be repaid
cut Of stand rentals in forty years.
with which 10 rebuild the East Market
and TomIinscn Hail building, the
market commission intends 10 make
a detailed investigation of modern
market equipment. Data from other
cities viii be gathered either by
questionable or jUnket.
Modern BUi'aing Planned
Preliminary plans Of the proposed
market call for cement floors. glazed
white brick walls and white cement
ceilings. There would be no corners
TO catch dirt, every angle being
rounded. as is done in all modern
hospitals and food-handung establish
nents. The commission recommended
stands which sit upon gas-pipe legs.
so the floor can be frequently flushed
with a fire hose
The exact type of the stands. the
sewer and refrigeration system. light
ing and sucn details are matters upon
which the commission expects to OBJ
tain further information.