Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1929-07-30
BREAKOF BOND
DEADLOCK SEEN
Dancy Thinks Increased
Valuation of Harrington
District Means

increase OF S3Z0,l1l.@1 III AooCocO0
valuations Of Cameron county wa
ter Improvement district No. l with
headquarters at Harlingen, is seen
by County Judge o. @. Dancy, as
opening the way to break the dead
lock which is preventing completion
of the county's 100000 road
psvlng program.
The later district has certifleo
its assessed valuations are $685.
9e6.14. This is about the normal
OF the county's $6,ooo.ooO road
increase, or about 5 per cent, Dancy
said.
In a communication to the coun-
ty commissioners. Judge Dancy
points out that the increase IN p
valuations of the district will IN
crease tke bonding capacity to per-
nit sale Of about $4,000 worth OF
bc-Is and suggests that this sum
be issued to provide a paved high
way from the Arroyo Colorado
bridge to Rangerville and to close
two gaps in the Military highway.
The road program has been
brought to a halt by failure OF n
commissioners court to find a
method for financing the road TO
Rangerville which had been de-
manded by the Harrington water
district. The Harlingen district
asked that this road be built before
it changed the form of the district
organization. Change Of the dist
trict from one form to another was
necessary in order to increase the
bonding capacity Of the county.
At the time this deadlock was
reached 1000 900 of a $4,000, 900
road bond issue had been issued
and spent. Issuance of the remain
ing bonds and completion of the
program next year rests on the dis
trict changing its form.
Proposing Issuing Bonds
Dancy proposes in his letter to
the commissioners that the court
pass a resolution ordering issuance
of 1915, 900 Of the remaining road
bonds and that this order be used
as credit to finance building Of the
R%angerville road this year. He ex-
plains that contract already has
been let 80 construction Of a part
of this road to cost about $4,000
and this sum is to be paid out OF
the San Benito percinct funds,
money having been reserved for
the purpose. Dancy estimates it
will cost about $65, 900 additional
to extend the paving into Ranger
vile and grade the road from that
point to the Military highway, thus
complying with Harlingen's de-
mands.
This $65 600 he proposes to issue
on a countrywide basis. The rea-
son he proposes to use the court
order to finance the Rangerville
road is to prevent the necessity OF
selling the bonds at present, while
the bond market is low.
After the Rangerville road is ON
pleted, Dancy suggests that the re-
manning 1855, 900 of the bonds or
dered sold be used to pave the two
gaps in the Military highway. This
also Is a countrywide basis.
ff the 1915, 900 fails to complete
both projects, the order which he
urges the court to pass provides that
the remaining money be taken
from the general road and bridge
fund. If the sum proves more than
sufficient to complete the two pro-
.iects, he proposes that the remain
ing money be divided among the
various precincts in accordance with
their valuations. as set out in the
"Rarlingen resolution" under which
the bonds weNe voted.
Division Explained
Issuance of the $315.000 proposed
now, would leave 81, 685 900 of the
bond issue yet to be distributed,
Dancy points out. He estimates that
would give the Point Isabel precinct
about $175,0oo; the Brownsville
precinct about $500 coo; the San
Benito precinct about $445 900 and
the Harlingen precinct about
$545, 900.
This is only an estimate, the
Judge explains, but he expresses the
belief that the remaining sum will
be distributed according to the
valuation of 1880.
The proposed order also provides
that the actual construction Of the
road from the Arroyo bridge to
Rangerville will not be started UNI
til Cameron County Water I'm
provement District No. 1. shall have
assured its conversion from Art. 8.
Section So, Article Is, Section SO Of
the constitution of the State of
Texas, and shall have given salts
factory assurance to do whatever
Is necessary within its powers to
remove said district and an OBJ
stacle to the issuance Of the road