Evening star. [volume] (Washington, D.C.) 1854-1972, 1927-01-21
BOND ISSUE REPORT
|SEXPECTED SOON
Planning Commission Asks
Grant to Study Park Site
Acquisition Proposal.

The report on a bond issue to pro-
vide funds with which to purchase all
lands in the District now required for
park purposes liz to be made at the
next meeting of the National Capital
Park and Planning Commission, which
body today instructed it's executive
officer, Lieut.. Col. u. s. Grant, to
make a study of the whole matter. In
the absence of quorum today. the
commission took no definite action on
any project. hut the members present
discussed the question generally.
The commission heretofore has ex-
pressed itself as in favor of such an
issue, but the discussion TO-DAY
brought out a desire on the part or
some of the members to nave more
information on an amortization pan.
The consensus was that 1t Wouid
be most economical to purchase all
of the required land at this time.
The statement was made that II the
Government waits for small annual
appropriations the lands VIII IN
crease so in value that the prices
may become prohibitive, and further
DELAY NAV wipe out some of the
needy projects entirely.
May Require SIC, 100000.
It is estimated that it would re-
ouire an issue of $1O,OOO,OO0 to pur-
chase all of the land included in the
commissions city planning project
as now laid down.
Col. Grant will compile the data on
the amount Of money needed to carry
out the parking scheme and is ex-
pected to include in his report a de-
tailed statement for his amortization
plan for retiring the bonds which will
show on its face the vast economy
from which the Government VIII pen-
eft from such an act.
The commission gave its approval
to the Capper-Zihlman bill, which
would provide protection to proposed
park land While awaiting condemna-
ton proceedings. The purpose OF the
bill ia to prevent any owner of private
property included within the park
project from taking any steps to de
stroy it's natural beauty after the
Government has started condemnation
proceedings against it.
The commission discussed at some
length the proposed bill for controlling
the architecture of private buildings
on property which fronts on any Gov
eminent reservation. The commits
sion members expressed themselves as
favorable TO such legislation.
Zoning Limitation Studied.
The commission also discussed and
tentatively approved certain modifi-
cations in the present coming law in
the District which would give the
Commissioners the authority to re-
strict property in certain areas to de
tached homes.
The matter Of paying for land to be
included in the parking projects in
Maryland and Virginia in extension OF
the National Capital plan was given
some attention by the commission. but
no definite stand was taken. The com
mission, some months ago, decided
that il would not use any part of ap
propfiations made under the general
plan for the acquisition of land across
the border because of the fact that
this money was provided by District
taxpayers
The members did not believe that it
was fair for District property owners
to furnish the money with which to
provide parks in the metropolitan
areas of Maryland and Virginia i'm
mediately adjacent to the Capital. 1t
appeared to be the consensus that
when the commission is ready to eX-
tend the park system into these States
the latter should at least provide
a portion of the funds while the Fed
eral Government might provide the
rest, but no part of 1t should come
from the District Golfers.